The Sun.
London, England, 1824-03-11 00:00:00

TRENCH IFUNDS.

French Rentcs on the 9th of March opened at, for money,
99. 40. ; end of the month, 99. 70. ; Ducats, 801. Spanish
Bonds, 24.—The private letters by the above Express bring the
Rentes after Change at 101.

Unfavourable intelligence is said to have been
received this morning from India, relative to the
old dispute with the Chinese, which is not yet
settled. It is stated that our ships have not been
permitted to take their loading,--The price of
India Stock was, this day at twelve o'clock, 281.

o'Clock.—Consols opened this
Morning at 01, went up to for the Account,

and up to this hour they are 031-1-;, with some
business doing, as the panic of yesterday has en-
tirely subsided.

FOREIGN MARKET.—AII Foreign Securities
rave improved this morning, and have again the

appearance of advancing.

There is at length a probability that the Spa-
nish Bonds, so imprudently as well as unjustly
repudiated by FEnntNANn VIE. will be acknow-
ledged, and received at 30, in part payment of a
new Loan. Some highly respectable parties in
London, are, in fact, now negociating a Loan
with FtintuniAxn's Government, on the basis
that the Bonds of the Constitutionalists shall
be received at the value we have stated ; and
confident expectations are entertained that the
affair will be brought to a satisfactory conclu-
sion. Indeed, the Cabinet of Madrid must be
convinced that an act of justice towards the
holders of the Bonds is not only necessary to the
re-establishment of its own credit, but that such

a measure, in as far at least as the interests
or British subjects are concerned, is likely to
be ultimately extorted from it by the renio►i.

strances of the English Government.

Hobert Town Gazettes rrere received this morn-
ing- at the New England Coffee-house, to the

sth October.

By the arrival of the Regalia, from Sydney,
we derive the following information :—The ship
Recovery, had arrived with 180 male convicts
from Ireland ; the guard comprised a detachment
of the Ist Royals, commanded by Capt. GILL,
who is accompanied by his Lady.

From what took place last night in the House
of Commons, it appears that the arrangements
which have been made with the Silk Trade, for
enabling them to receive the allowances of duties
on their stocks in hand, have given perfect satis-
faction to the parties interested. The Manufac-

turers, therefore, will now resume their labours,
under the great advantages accruing to them

'rom the reduction of the duties on the raw ma

terial ; and during the interval till the 25th of
July 1826, when the home market k to be thrown

open to foreign competition, we may expec
to sec the Silk Manufacture make rapid ad

•ances hi prosperity. We are happy to see
that Mr. Husxissox has declined to bring in a
Bill for the repeal of the Spitalfields' Acts ; and
unless that impolitic measure, therefore, should
he renewed in and carded through the House of

iords (by which it was thrown out last Session),

the Spitalfields Weavers escape a calamity
which they view with unmitigated dread. Why
should there be so great an anxiety for placing
the Silk Manufacture on the same footing al the
Cotton Manufacture' Would it not be much
more rational rather to keep the Silk 'Manu-
facture on ifs present footing, and to endea-
vour to apply the same regulations to the
Cotton Manufacturers which have been prac-
tically so highly beneficial to the Manufac-
turing population of Spitalfields ? Under their
existing regulations, the population of Spital.
fields have been prosperous, well employed, well
remunerated for their labour, well satisfied with
their condition, and well affected to the Govern-

ment, even in the most critical times of po-
pular discontent. _During iast Session, the Earl
of ll,tiu and the Lord CHANCELLOR, in
opposing the Spitalfields Acts iteptal Bill, took
a most Statesmanlike view of the question as
respects the danger to be apprehended from the
existence of such a population as that of Spital.
fields, in the very Metropolis of the Empire, if that

alterna-
population should be exposed to the usual
t io nso distressf
under suffering
the
operation
t o which large.
of
bodies
of Manufacturers,the
free trade system in their labour, have alwaY.s
hitherto been subject ! The arguments of the
Earl of llAnnowny, in particular, even on the
admission of the general principle, were con-
clusive as respects this particular weight, and
are entitled to the most serious consideration of
his Right Honourable Colleagues, and of
Parliament. The Cotton Manufacture, SO far
from presenting a desirable model for the Silk
Manufacture, is, notwithstanding the rapidity
with which its gigantic extension has been o.'
fected, far from being in a state of prosperity for
all the persons concerned in it. In spite of its
present unprecedented activity, the wages of
the Cotton Weavers are scarcely sufficient for,
the bare sustenance of them and their
The most dangerous spirit of disaffection has mere
than once manifested itself in the important and
populous districts in which the Colton Manufac-
ture is carried on ; and, if similar causes had
been in operation to produce the same spirit of
insubordination and discontent in Spitalfieldly
there is no saying to what calamities the coun-
try might have been exposed. A mantifac-:'
tune, as has been too frequently and too fatal-
ly exemplified, may be prosperous for the capital-
ists einbarked in it, and yet most unprosperous
ror the great majority of the persons concerned
in it, viz. the labourers. The liability to this
anomalous state of things has been happily
teracted, during the last fifty years, in the Spital-
fields manufacture, by legislative enactments, and
why those enactments should be repealed for the
sake of putting a truly prosperous manufacture
upon the same footing with another manufacture
whose very prosperity is often fallacious, is to to,
we confess, quite incomprehensible. Every ea-
largement of foreign commerce, which is obtained
from a diminution of the wages of labour, is neces- -
sarily accompanied by at least an equal and corre-
sponding contraction of the home market for
every description of produce,• and ought to be
regarded as a heavy national calamity rather
than as a national benefit.

A Mail has arrived from Holland with Papers
to the 7th instant. An article from Stockholm
states, that on the 18th ult. Sir B. Ihoommr.l7
made a notification to the Foreign Ministers
there to the following effect :—" In case Spain,
confining itself to its own means and resources/
shall make an attempt to recover its lost posses'
sions in America, Great Britain will remain a
tranquil spectator. On the other hand, should-
any Power join with Spain for that purpose,
and afford her assistance, either by actual a"
nutmeats or by subsidies, or pecuniary aid, Great
Britain will depart from the passive system it has
hitherto followed, and will hasten to recognize
the new Governments which have established
themselves in the other hemisphere, in the place
of the Spanish Government."

Usbon Papers to the c2fth tilt. have comp to
hand. The Gazette contains long extracts front
oar Parliamentary Debates on the Opening of the'
Session, from the tenour of which it collects, that
British Nlinisters were satisfied that the recent
" odious innovations" in the Peninsula could flat
last while even the Opposition did not " censure
the happy restoration of his Most FAITHFUL
MAJESTY, because it was national."

llumE.---We have inserted this day an ef-
fusion of pleasantry which appeared in a respect--
able Dublin Journal, chiefly on account of its in-
trinsic and appropriate humour, for we realli
think that such active and vigilant Members Of
Parliament as the Gentleman in question are
really of great use to the country. Ilis objects are
generally well directed, but if he were to econorni:e
his efforts, and not so frequently to appear on his
legs, he would give more weight to his efforts, and
manifest more taste, a quality, though of very sub"
orlinate consideration, yet of some consequence
in the general estimation of a public character.--
e doubt not that I'dinisteri are themselvel
anxious to relieve the country by the remora: tY
all abuses, but the multiplicity and importance
of their duties must necessarily preclude thcqn
from an opportunity of attending to every 111;,'X
necessary to so laudable a porpo,:e.. It„t►~:r,
therefore, be satisfactory for !he people at large L'
find that there are, among their Representatives,
some who are always upon the watch to discover
whatever may tend to mitigate the • public bur'
thefts ; and it is but fair to Mr. Hums to admit
that he has been useful on many occasions, and it
is honourable also to Ministers that they have, gt
times, readily acknowledged the utility of his
labours.

Letters from Bahia, of Dec. 27, have been re-
ceived at Gibraltar. The Government at Bahia
had sent two Commissioners to the Emperor, d*-
ploring the necessity he had been under of dig"
solving the Legislative Assembly, but that the.
should continue faithful to him so long as he
proved himself constitutional. A police had
been established in Bahia, and more order reigned
amongst the lower class►s,

CitIME.-----Aslioernaker, of LPeds,
drowned his infant child, a boy about eight months old, in a
tub of water, in the cellar of his own house, on Saturday last.
He fled as soon as he had committed the murder; but, on the
following evening, overpowered with the agony of remorse, he
surrendered himself to the civil officer.