The Sun.
London, England, 1847-07-14 00:00:00

POSTSCRIPT.

The transactions at the Stock Exchange this morning
were not extensive. Treasury notes (Sixes) sold at
1071; Pennsylvania Fives improved Long Island Rail-
road /s, and Stonington Railroad 1 per cent.
There was a good demand for Foreign Exchange at
quotations, say--
On London
On Paris
On Amsterdam
On Hamburgh
On Bremen
78
The North River Bank has declared a dividend of 4
per cent., payable on the Bth of July.
The Governor of Kentucky has given notice that the
six year bonds of the state of Kentucky will be redeemed
on presentation, upon the first Monday in August. All
bonds then payable and not presented for payment will
cease to bear 6 per cent. interest, and will after that day
bear an interest of 4 per cent. per annum, until presented
for payment.

CANADA.
(From the Montreal Herald, June 28.)
We have little to record in the political world beyond
what will be found in our report of the proceedings in
Parliament. Attempts have been made in both Houses,
by her Majesty's Opposition, to throw her Majesty's
Canadian Cabinet into a minority, but with equal want
of success.

In connexion with this subject, we may mention that
the Ministry have laid on the table of the House a
translation of certain correspondence which passed be-
tween them and Mr. Caron, the late Speaker of the
Legislative Council, relative to the reconstruction of the
Ministry, so as to admit some gentlemen enjoying the
confidence of the French Canadian population to the
Executive Council. The course of the negotiations,
judging from the correspondence, seems to have been this: Lord Elgin first addressed a memorandum to Mr.
Caron, requesting his advice as to the best means of
forming a coalition Ministry, containing gentlemen who
have the confidence of the French Canadians; saying,
that he desired no sacrifice of principle, but
expressing his hope that personal and party
differences would, if any such existed, give way to
patriotism and the public good. Upon this basis Mr.
Caron entered upon the negotiation, and in order to
be quite sure of his ground he proposed several
questions to the Ministry, among which was this—
hether there were any person whom there would be
no use to propose on his side? He was answered that
there was no objection to any person. It was then
arranged that as the Cabinet is composed of seven mem-
bers, three gentlemen from Upper Canada should be
named, and three from Lower Canada, the seventh place
being the Provincial Secretaryship, occupied by Mr.
Daly, to be filled afterwards by the Governor-General,
with the advice of the six. This seems to have been
I understood as a bargain on both sides, but suddenly Mr.
I Caron signified to the Ministry that they must exclude

Mr. Daly from any participation in the Government,
and that he had four pet sons who would then join the
Government. As the whole affair was based upon the
rejection of personal or party dislikes, and still farther,
as the seventh member of tho Cabinet was to be the
choice of the two parties, this of course ended the business.
Since the commencement of the session, however, Mr.
Caron has stated that, in consenting to take office with
the Conservatives of Upper Canada, be fully expected to
pave the way for the return to power of their opponents,
the Upper Canadian Liberals, with whom the French had
all along acted; so that, when he had got his majority
of four in the council of seven, the first thing would
have been to oust the colleagues with whom he pro-
fessed to co-operate. Yet, though the declaration was
made in the face of both Houses of Parliament, for the
Assembly had adjourned, and most of its members were
below the bar of the Upper House, Mr. Caron's friends
still clamour about what they call the insincerity of
Ministers. •

Beyond these occurrences little has been done of
public interest in either branch of the Legislature; but
a great number of private Bills have been introduced,
and advanced one or more stages. Among these are
several Acts for allowing banks to increase their capital.
The Inspector-General has given a brief outline of his
financial scheme. He proposed to take advantage of the
British Possessions Act to discard all differential duties;
to reduce several tonnage and other duties now levied
ITT' vessels coming from sea to Montreal and Quebec,
hying the charges which the produce is applicable to
upon the consolidated fund; to extend the facilities now
granted to importers of all kinds of goods to pass them
through our waters for re-shipment; and to reduce the
tolls on the canals to the lowest point to which they can
be brought consistently with a proper regard to the
revenues of the province. It is proposed, in addition to
these reforms, to reduce all duties on raw materials to
the uniform rate of 1 per cent. ad valorem; and though
this was not mentioned by the Inspector-General, we
areinformed that measures are to be taken to recipro-
cate the intercolonial trade, free of all duties, which the
Legislature of Nova Scotia, by a recent Act, has pro-
posed to the sister provinces.
Seven German vessels have arrived in the river and
at Montreal, under the provisions of recent British sta-
tutes and orders in Council. These, we believe, are the
first vessels bearing a foreign flag that have ascended
the St. Lawrence since the conquest.
The emigrants, who daily arrive here come in dread.
ful plight. The deaths at the emigrant sheds are fear-
fully numerous. Twenty-five deaths a day have been
about the average at the sheds. Great dissatisfaction
prevails at this pouring out of paupers upon us, and
however reasonable this feeling certainly is, it has given
occasion for a great deal of nonsense to be talked about
the cruelties of the English aristocracy, &c. However,
the thing, to say the least of it, is moat disgraceful. A
remonstrance from the House of Assembly is to go home
by this mail to the Imperial authorities.