The Sun.
London, England, 1848-02-10 00:00:00

TWE SUN, LONDON, THURSDAY EVENING, FEBRUARY 10, 1848.

people to glory and greatness from the abyss of
slavery and iTopotence.

In all geographical respects the conquered federa-
tion has an opportunity for its redempion. The
very magnitude of its dominions is in some-
way its safeguard. Its alternate verdure and
sterility, the astonishing inequalities of its
surface, the altitude of its mountains, and the abrupt.
declivity of its gorges, the very inaptitude of
s
peasantry to subject themselves to anything like
warlike discipline—driving them into a system of
rough but effective strategies and forcing them to
the adoption of the warfare practised by guerillas
Memxai cya n sy etto —derrunder
from juditchiouess glou:hidaonfcetheeinrapbrleesethe
present
calamities. The elements of that guidance are not
wanting so long as PAREDES and SANTA ANNA, and
their subordinate officers, are on the soil of their
native land. SANTA ANNA is the sworn foe of the
United States, and so likewise is PAREDES. In that,
therefore, as well as in their common familiarity with
the land of their birth, and its capabilities for offer-
ing resistance to an enemy—even though that
enemy be comfortably established in its metropolis
and in its principal ports—Mexico possesses no
feeble guarantee for its ultimate extrication from its
present difficulties. What we chiefly fear, however,
is lest the jealousies which led immediately to the
overthrow of the French forces in the Peninsula—
' those jealousies which conduced to the estrangement
and separation of SOULT, MASSBNA, and MAasioNT—
may be revived or rather emulated by the political
warriors of Mexico, and that the fate of that magni-
ficent territory may be sealed by the jarring interests
of SANTA ANNA and PAREDES. Separately their
armaments may be broken like sticks—united they
might defy the power of the invaders, like the bundle
mentioned in .tESOP. The destinies of their common
country oscillate in the balance while they are con-
' tinuing to deliberate. From Valladolid to Gua-
dalaxara, from Zacatecas to Durango, the
arms of the Congress of Washington may spread
onwards, and SANTA ANNA. and PAREDES may alone
awaken to a reconciliation of their sentiments and a
co-operation of their influences—when any exertion
of theirs will be incapable of restoring even the
shadow of a hope to their partizans. The first sen-
tence of the order of General SCOTT should thrill
through the hearts of these veterans, " This army,"
so it runs, " this army is about to spread itself over,
and to occupy the republic of Mexico, until the latter
shall sue for peace on terms acceptable to the Govern-
ment of the United States." On terms acceptable to the
Government of the United States! What those terms are
the whole world knows—they are rapine the most
dastardly, and spoliation the most enormous. Shall
they be accomplished ? SANTA ANNA can answer.
Is Mexico to be abandoned to the lustful appetite of
her assailants ? PAREDES can give the reply. The
reply may be written in bloody characters upon the
hill tops of California, it may gleam out in the red-
dened waters of the Zacatula, it may be recorded in
ghastly colours in the streets of Dolures. Every ear
in Europe is ready to drink in that response—" Listen
awhile ye nations and be dumb."

A more important question could not be brought
before Parliament than that which was yesterday
introduced by Mr. POULETT SCROCE, respecting the
administration of the new Irish Poor-law. The
discussion arose upon an inquiry by the Honourable
Member, " whether any and what legal proceedings
have been taken against such boards of guardians or
relieving officers as have neglected the duties imposed
on them by the Act 10 and 11 Victoria, cap. 31, of
affording due relief to the destitute poor ?" Nothing
•
could be more pertinent to the subject than the
narration of the melancholy accounts of destitution
and suffering from all parts of the country—of
numbers who are in rain seeking admission into
workhouses already crowded to an extent far
beyond what they were originally calculated
to contain, or of the default that has been
made in the collection of the rates struck
for the relief of the poor, by persons of the greatest
wealth and highest position in the several districts
It was naturally to be supposed that the system,
which had so recently been introduced, could not
have been brought into perfect working order
throughout the entire country. But if it is not suffi-
cient to preserve the people from actual starvation—
if persons whose claims have been rejected, after
having dragged themselves many weary miles in
pursuit of that relief which was then withheld from
them, were to be found perishing by the wayside
through the neglect or inability of the boards of
guardians or their officers—if the very inmates of
workhouses are found to be almost sinking from want
of food, it surely is time that the Government should
interpose to enforce, by every practicable means, the
due administration of the law, and to inflict deserved
punishment on those who have so shamefully aban-
doned the duties they took upon themselves to
discharge.
'We believe that the Government are desirous of
carrying out the law energetically and effectively, of
introducing such amendments as may be required,
where the actual working of the system has varied
from the anticipations that had been formed thereof.
If the unions are too large, why are they not forth-
with reduced to the proper dimensions? The Com-
missioners have the full power to do so, and there can
be no appeal from their decision. If the boards of
guardians do not yield a ready obedience to the in-
structions of the central board, why are they not
forthwith dismissed, and paid guardians ap-
pointed in their place ? It appears that such steps
have been taken in some few instances, and with the
happiest results. In the Ballina Union the pai I
guardians have collected upwards of 10,0001. since
their appointment, while in four months previously,
out of a rate of 12,869/., but 868/. had been collected.
Surely the course that proved so effectual in one case
might be advantageously followed in a great many
others. If the quarter-acre clause is productive of
the most injurious consequences, inducing landlords
to abstain from affording profitable employment to
the poorer classes of their tenantry, because they
may be able to clear their estates more effectually by
the pressure of distress than by the operation of
the ejectment statutes, why is not a short Bill passed
for the purpose of repealing, or even suspending, that
portion of the Act ? It was not a part of the
measure originally introduced by her MAJESTY'S
Ministers, but was conceded for the purpose of re-
conciling the landlords thereto. how many indivi-
duals have sustained the sharpest pangs of hunger
rather than surrender the humble holdings the pos-
session of which formed their only hope for
future support, it they were not to remain
permanent inmates of the workhouse, and
charges upon the industry of their neighbourhood.
The poorer classes are closely scrutinised, and there
is little hope for one occupying half an acre or an
acre of obtaining relief unless he has first complied
with the requirements of the law. But a breach of the
condition is connived at in those in the enjoyment of
larger tenements—of men who should never seek for
relief at the public expense, hut of whom the land-
lord is not so anxious to get rid. A scene is re-
ported in an Irish Contemporary, the Mayo Telegraph,
to have taken place at the late quarter sessions in ,
Mayo, which affords a strong illustration of the
practice in this respect.
A miserable-looking half-starved wretch was in-
dicted for sheep stealing. The unfortunate man, his
wife, and six children, were found de-
w"iuthriinnga
fete
hnaalrmsoastfterraitwwacsarmcaissesedo, fthethuenhsahpepeyp
family not being able to wait until it had been cooked.
The prisoner had previously made several applica-
tions for relief, but in vain ; his claim was rejected,
and he was left to perish for want, or to commit crime
for the preservation of his life ; while his prosecutor
—a comfortable looking farmer, who described him-
self as in the possession of 70 or 80 acres of land, GO
sheep, four cows, two horses, some stacks of barley,
oats, a cock of hay, and potatoes, with milk and
butter—was obliged to acknowledge, on cross-exami-
nation, that he was in the actual receipt of outdoor
bour. The Gregory clause
relief, which had been refusedcotuold be hisstarving need in
igh-
his favour, although it was so stringently
from ntlyenforced
against those who might be compelled
sheer
whe cost
comment.t
of their
thteo acirlictetipet ofa temporary
ll.snnhfareetlsief,neeevdennnat
There must be something essentially defective in the
system where they are even possible.

_4i,
The Patria of Florence states, from Turin, that
the Sardinian Government continues its preparations

for defence. The muskets and artillery of the army
(we undergoing inspection err: repoctir ; hones ai,-;
being purchased for the cavalry, and stores of every
kind are being made. The Ministers meet frequently
in Council to discuss the means of placing the army
and the fortresses on a footing to meet any event that
may arise.

The Prussian Gazette notices, as a grave fact, that
the Austrian Government had ordered 700 sabres
from the Prussian arms factory of S'Jlingen, to be
ready by the Ist of March.
The activity of Austria gives great uneasiness to
Sardinia.

The Risorgimento of the sth inst. announces that
the Municipal Council of Turin was to meet at noon
to deliberate on a most important measure. Private
letters state that the Municipal authorities of that
city, in accord with the Ministry, were to sign a pe-
tition on that day to King CHARLES ALBERT, for the
establishment of a National Guard. A similar appli-
cation was to be made by the Municipal Council of
Genoa. Six hundred horses, purchased in Switzer-
land for the Sardinian cavalry, had arrived at Turin.
It had been reported that the ex-Minister of Police
of Naples, DEL CARRETTO, had arrived in Paris, but
according to letters from Genoa, he has, after having
succeeded in landing in the uniform of the Com-
mandant of the port, proceeded towards the Austrian
capital.

Letters from Rome of the 28th ult. mention the
arrival on that thy of the new Secretary of State,
Cardinal BUFFONDI. The trial of the Prince
CANINo was fixed for the 4th inst., and the proceed-
ings, at his request, were to be public.

Madrid journals of the 3d instant have arrived.

New regulations of the Royal Council and of the
Secretary's Department of the Minister of the Inte-
rior, which were shortly expected to be published,
will, it is said, considerably reduce the number of
employes in both. The Eco del Comercio publishes
more addresses to ESIPARTRRO from Alicant, Burgos,
and the province of Murcia. It having been reported
that General ESFARTERO intended to go to the Theatre
del Circo, a number of officers of the garrison and
police agents were distributed in different parts of
the house, and a small number of soldiers were kept
under arms. The Clamor Publico says that all this
was done to create a disturbance before Esran-
TERO, so as to have an excuse for charging him
and the Progresistas with disturbing order. But
ESPARTERO being aware •f what was designed did
not think fit to go to the theatre. An agent of some
French and Dutch capitalists had arrived at Madrid
to endeavour to make arrangements tor terminating
the works of the canal from Valladolid to Segovia.
Lieutenant-General BRETON has been created Vis
count de Valdesala, and Count de la Riva y Piea-
moxans.

MADRID BOLBA, FEB. 3.—The Three per Cents.
were done at 28, at 60 days ; the Four per Cents., at
161 ; the Five per Cents., at 17, for paper ; the
Debt without Interest, at 5! ; and the Coupons,
at 12.

We have received the Paris papers of yesterday.

The Tuesday's debate on the paragraph of the
Address relating to the Reform banquets, was one of
the most important that has taken place since the
debates which preceded the Revolution of July, 1830.
M. DUCOA.TEL, the Minister of the Interior, broadly
laid down the principle, that there does not exist in
France any right to hold any meeting, public or pri-
vate, and that the authorities have a full right to dis-
perse any and every such meeting. "These doctrines,"
says the National, " excited the indignation of the
Opposition—protestations, murmurs, cries of surprise
and anger, interrupted their expression. The
Minister caused the tempest to burst by exclaim-
ing the Government will not yield.' To this pro-
vocation voices trembling with excitement replied.
The whole Opposition was in agitation—above,
below, from all sides, this word was repelled.
These are the very words of CUM/LES X.)' exclaimed
M. CRErnEUX, and he added with emotion, there
is blood in these words.' The noise was immense,
the agitation extreme. Order, order,' cried the
centres, pointing out M. Cnemiuux ; Laissez moi
tranquille he retorted with disdain.—(Oh, oh.) The
Minister attempted to resume, M. LESSEPS inter.
rupted him, saying, You are using provocation.'—
'The Government does not provoke anybody.' The
Government never did anything else,' shouted he,
with the voice of a Stentor.—(Order, order.) Such
was the cortege (continues the National) that ren-
dered honour to the speech of M. DUCHATIL. But
there must be some other sort of protest than this
first movement of legitimate indignation, the arro-
gant pretensions of this police officer merit another
reply. The Opposition owes it to the rights of citi-
zens, to all who have taken part in manifestations
which have been regular, legal, and accomplished
without troubles or disorder ; to all who believe in
liberty, and who feel the arbitrary doctrine revolt-
ing. The Opposition owes this to its own word, to
its honour, to its dignity. This reply it yesterday
engaged to make, and it will do so."
M. ODILLON BARROT followed the Minister, and
declared that he spoke under a sense of humiliation
on finding that, at the end of seventeen years after
the Revolution of July, he felt himself obliged to
plead for the simplest of all the rights of citizens,
such as had been exercised unquestioned during the
days of the Restoration. The deductions that he
drew from the apprehensions of Government lest the
people should have an opportunity of expressing their
opinions, and the warnings that he uttered, were
delivered in a chastened tone, which showed, that
while he foresaw very grave consequences as the
result of such monstrous tergiversation, he as a friend
of the dynasty and of constitutional government,
deplored them from his heart.
The course the debate has taken has excited the
greatest apprehensions in Paris, and there was a con-
siderable fall in the funds in consequence. There
was a rumour that it was the intention of the Oppo-
sition Deputies to resign en masse in the event of any
unconstitutional proceedings being adopted by the
Government.

The following extracts from the Conservative
Presse and the Radical Siecle will show the feeling
of alarm which the conduct of the Ministry is excit-
ing in the minds of every party. The Presse says—
" M. Duchatel was not less imprudent when rely-
ing not on a text of the law, but on a simple ordi-
nance of police, and on Ministerial circulars, he
declared that the Government of 1830 was firmly
resolved to prevent the banquets, which the Restora-
tion did not believe it had the right to pre-
vent, as M. Barrot called to mind ! There are
resistances which it is dangerous to ennoble,
and daring to provoke, when one is not sup-
ported by a formal right. Imagine then a political
banquet, a defiance to arbitrary power by one hun•
dred Deputies, by twenty Peers of France, by several
mayors of Paris, by members of the Council General
of the Seine, by officers of the thirteen legions of
the National Guard of Paris ! Imprudent that you
are, what would you send to disperse them ? Before
judges
could tribunal would you cite them ? What
could you find to condemn them ? Confess that if
you believed in the struggle you would not engage it
—you would modify your paragraph, or would
support the amendment of M. Darblay, and you
would be right, quite right. We know that the
royal ordinance which nominates Marshal Bugeaud
to the Ministry of War is quite ready, if not signed,
and that yGu place all your confidence in that nomi-
nation; but know well that under a constitutional
Government force without right is nothing. Had
it the advantage one day it would lose it the next."
And the S'acle:—

" Let it be said without equivocation this sitting is
one of those that engage questions in an irrevocable
manner, and that announce the approach of unfortu-
nate times. While we heard the noise of revolutions
in the distance, and were offering our wishes for
people unworthily treated by their perjured Govern-
ments, we fancied that we ourselves were in security
under the shade of those institutions bought at so
dear a price. We were deceived. Thanks to cynical
and fraudulent interpretation of all laws, there is not
a single right conquered in 1789, and confirmed in
1830, which may not at this moment be filched away
or neutralised ; those impudent renegades who
formed committees of clubs under the Restoration,
who excited us against Charles X. and his Govern-
ment, who raised their voices above all others in the
famous address of March, 1830, which was as it were
a summons to all France, come now to renew the
same provocations, and in the same manner, through
the mouth of the King, and they dare to signify to
us that meetings of every kind, even in private houses,
even for the exercise of electoral rights, shall not take
place unless at their good will and pleasure. The Go-
vernment will not yield, said M. Duchatel. Let us
remind him that the same expression was uttered

seventeen years ago by a more respectable voice than I
his, and it was hardly expiated,"

The discussion was resumed on Wednesday by M.
BoissuL, Mayor of the 12th Municipal District of
Paris, who had accepted the presidency of a banquet,
which was prevented by the Government. He pro-
tested against that measure, and declared that its sub-
scribers were all municipal officers, respectable
merchants, and National Guards, who could in-
spire the authorities with no apprehension. M.
HEBEET, the Minister of Justice, who followed, said
that those banquets had been evidently gotten up
for the purpose of preparing some revolutionary
movement. The Government, in accord with the
Committee on the Address, had accordingly thought
proper to condemn them, and to justify that resolu-
tion he might, he said, content himself with citing
the speeches delivered at those meetings, and the
hopes proclaimed by some of the orators. Reform
was a mere pretext. 'Their real object was admitted
on Tuesday by M. ODILLON BAREOT, who con-
tended that the Chamber was incompetent to decide
on the questions at issue between the majority and
minority, and that it was necessary to erect another
tribune, from which the factions might be at liberty
to denounce the arts of the Legislature, and attack
monarchy itself.
The discussion had not concluded at the hour the
post left.

The KING Was visited on Tuesday by JEROME
BONAPARTB, the ex-King of Westphalia, and his
son.

The chateau of Pau is preparing for the reception
of the Queen of Spain, who is to visit her sister, the
Duchess of MONTPENSIRR, there in the course of the
summer.

The Prince of SYRACUSE still remains in Paris.
He is, it is said, detained there by the French Go-
vernment, in order to afford time for French intrigues
in Naples to secure the influence of the Duke of
SALERNO, the father of the Duchess D'AUMALE. It is
intended, should the King of NAPLES be forced to abdi-
cate, to proclaim the Duke of SALERNO Lieutenant-
General of the Kingdom.
The Governor of the Bank of France, Count
u'Aucour, communicated, on the 27th ult., to the
General Assembly of the Shareholders the annual
account of the operations of that establishment in
1847. Their total sum was 1,854,000,0001., having
exceeded by 128,000,000 f. that of 1846. The trans-
actions in Paris alone amounted to 1,372,000,0001.,
offering an augmentation of 78,000,000 f. The
bills discounted were 963,324 in number, or 36,934
more than during the preceding year. The united
operations of the branch banks presented a total
of 481,000,0001., and an augmentation of about
49,000,0001. compared with 1846. The metallic re-
serve of the Bank, which had fallen between the
Ist of July, 1846, and the close of that year, from
252,000,000 to 80,000,000, had recovered, in 1847,
to 181,000,000, and was 189,000,000 on the 27th
January, 1848.
The Three per Cents. closed on the Paris Bourse
yesterday at 74f. 25c.; New Loan, 75f. 20c. ; Five
per Cents., 116 f. 80c. ; Orleans Railroad Shares,
I,llof. ; Rouen, 871 f. 25c. ; Havre, 431 f. 25c. ; Great
Northern, 638 f. 75c.; Avignon, 632 f. 60c.; Vierzon,
5121. 50c. ; Bordeaux, 477 f. 50c. ; Dieppe, 2571.
50c ; Basle, 157 f. 50c. ; Paris and Strasburg, 405 f. ;
Tcurs and Nantes, 382 f. 50c.; Paris and Lyons,
391 f. 25c.; Spanish Three per Cents., 31k.
LYONS, FEB. 7.-Avignon and Marseilles, 552'.
50c.; Northern, 543 f. 75c. ; Orleans, 1,191. 25c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, FILL 9.

Boulogne and Amiens, I /31 —Northern of Framee, 111,E
Orleans and Bordeaux WU —Rouen and Havre, 17
Sambre and Mouse, 6%.

THE ARCHBISHOP OF CANTER-

BURY.
The following bulletin was issued this morning :
" Lambeth Palace, Feb. 10, 1848. Nine, A.M.
" His Grace's condition has undergone no material
change since yesterday.

"ROBERT FERGUSON, M.D.

"CHARLES COLLAMBELL, Surgeon."

SPORTING IN'
NEWMARKET COU
WEDNY
Exning Field.—Fir
Tom Tit beat Guy
Tom Thumb beat Rigdutn-
tunnicios

TELLIGENCE.
"RSING MEETING.

•st Ties for Derby.
Fidelity beat Diamond
Viceroy beat ()tendon

The Cup.-
Brutu3 beat Vampyre
Great Western beat Con-
tractor

First Ties.
Girl of Kent beat Simon
Buonaparte beat Twilight

The Oaks.—
l'idelia beat Daphne
Dance beat Toothache
The Pori
Mr. Fyson's Figaro beat Mr.
Mr. Fyson na Gustavus ags
nella drawn after an uncle(
Mr. Buckworth's Baksheesh

—First Ties.
I Vitula boat Bridesmaid
Trifle beat Savanna
t Stakes.
. B. Smyth's St. Vincent
.t Mr. Moody's Fenella (Fe-
cided course)
beat Mr. R. Bagge's Thane.

NEWMARKET STEEPLECHASES.—In consequence of
the heavy rain on Tuesday night, a portion of the line
selected to be run over yesterday was flooded, and a
postponement was unavoidable; the stewards, therefore,
decided that the races shall come off to-morrow (Friday).
The country chosen is in the neighbourhood of Moulton,
between three and four miles from Newmarket, and is
well adopted for steeplechasing.
Mr. Forth, sen., one of the first trainers of his day
died on Friday last, at an advanced age.

We are gratified to hear that Major-General W.
Napier, the historian of the Peninsular War, is to suc-
ceed to the Colonelcy of the 27th Regiment, vice Sir
John Maclean, deceased.
TERRIFIC COAL-PIT EIFLOCION.—BIRMINGHAM,
WEDNESDAY NIGHT.—An explosion of fire-damp is said
to have occurred in a pit at West Bromwich this morn-
ing, by which the lives of several men were sacrificed.
At the present time it is impossible to ascertain the
cause and extent of the fatal occurrence, and we there-
fore reserve accurate particulars until to morrow.
B►TTL)e OF TRAPALGAR.—One of the humble
heroes of Trafalgar still lives in the person of William
Jackson. Ho was originally a Thames Waterman, and
volunteered to fight for his king and country, and bore
an humble part in that ever memorable engagement on
board the Vanguard, where he was engaged at the
Bth gun on the quarter deck, he is now To years of ago,
of a yet strong healthy constitution and lively disposition,
and has occupied his present position as waterman in
the Customs Department since 1813, and occasionally
enlivens his companions of the coat and badge with an-
ecdotes of his many hair breadth escapes on ship board.
COURT OF CHANCERY.—Mr. Aglionby on Monday
obtained, in the House of Commons, an order on his
notice of motion for a return of the salaries of the seve-
ral Masters in Chancery, and their title to " any and
what retiring pensions." The return when made, it is
understood, will be the fulcrum for a further notice of
motion, respecting the disabilities of certain of the Mas-
ters disqualified by age and infirmities. Mr. Aglionby
also obtained, the same evening, an important order for
reference to the Commons' Committee on the Fees of
Courts of Law and Equity of all petitions which have
been presented praying for inquiry into the scandalous
compensations of the late Six Clerks and their staff. It
is understood that this Committee is now resolved to
probe and expose the fraud of these iniquitous compen-
sations, and to require all the documents on the false
data of which the compensated gentlemen obtained the
enormous allowances which now encumber the suitors'
fund. It is impossible that the Masters' offices can
much longer remain in their present state of inefficiency
and non-reform; and the compensations awarded to the
old Masters and the ex-Six Clerks must undergo inquiry
and revision.—Chronicle. _

STATE OF TRADE AND EMPLOYMENT IN MAN-
CHESTER. —At this week's market there has been ,
sudden check given to business by the demand for ad-
vanced prices, consequent on the late rise in the price of
cotton. The higher prices asked, though only a shade
in advance, have not been obtained, and stagnation in
business is the result. This sudden change in the state
of trade may lead to serious results, for if the raw ma
terial still maintains the advanced price, the spinners
will belunable to purchase adequately to the full employ-
ment of their mills, and thousands of hands will thus be
thrown either wholly or partially out of employment. The
prospect just now in the manufacturing districts is any.
thing but encouraging. A reduction in the price of
cotton is the only mode by which comparative comfort
and prosperity can be maintained in Lancashire. The
official return showing the state of employment during
the past week in Manchester is as follows:—Nurnhe,
of hands last week working full time, 33,400; in the
present week, 32,146. The number last week employed
short time was 4,459; in the present week, 4,901. The
number of hands wholly out of work last week was
6,722; and in the present week, 7,542. From this
statement it will be seen that there is a considerable
increase in the number of hands " wholly out of work,"
whilst about 500 hands have been added to those on
short time. The state of employment in the district
surrounding Manchester is equally discouraging. Most
of the mills are working short time, and the operatives
are suffering severely from low wages and the severity
and privations of the season.
DEATH OF MR. BELCHER, THE OFFICIAL As-
SIGNEE.—The above-named gentleman, who filled the
situation of official assignee in Mr. Commissioner Fon-
blanque's Court of Bankruptcy for some years, expired
at Spring-grove, Tonbridge, being his country residence,
yesterday morning, in the 54th year of his age, after an
illness of eight or nine months. The untortunato gen-
tleman has left a wife and family to deplore his loss.
Tuomes S. DUNCOMBE.—Leave of absence,
on motion to such effect, was granted by the House of
Commons, on Tuesday, to Mr. Thomas Duncombe for
two months, on account of ill-health.

MONEY and COMMERCIAL NEWS.

CITY, ()CAR TP P TO T.,-/M",:h.

The Cotton Market at Liverp„.. yesterday
per lb. higher for American, Brazilian, and Egyptian.
Sales, 6,000 bales, of which 500 were for exportation.
There was a numerous attendance of spinners, and the
market was barely supplied. American sold at 4id to
64d per lb. Railway Shares were improving. There
was a good inquiry, especially for Dover, Brighton,
Berwick, and Midland.

Much satisfaction has been expressed at the intended
early resumption, on the 10th proximo, of the business
operations of the firm of Sanderson and Co. The new
hose will be under the style of Sanderson, Sandman,
and Co.

The Paris papers mention the failure of Messrs.
Russo and Co., of Amsterdam. As far as can be ascer-
tained, there is no such firm in that city.
The progress of beet-root sugar manufacturing in
Prussia since its commencement, about ten years since,
appears to have been very decided, and such as to justify
the expectation that ere long it will make further
strides independent of protection. Since the year 1845
the quantity of beet-root annually made available in 114
the sugar manufactories of Germany has been increased
by nearly 2,000,000 cwt., viz., from 3,889,860 cwt. in
the autumn of 1845, to 5,633,848 cwt. in the correspond-
ing season of 1847; Prussia taking about four-fifths for
its 86 sugar factories. There are 27 manufactories
building, and the capital embarked is said to yield a very
profitable return. In some parts of Germany the result
has not been so satisfactory as in Prussia.
The indigo auctions still progress with considerable
animation, and further advanced prices have been esta-
blished.

The accounts of the 17th ultimo from New York, are
not of importance further than that they advise con-
tinued shipments of specie to England, the probability
of a new loan, and some difference of opinion in Con-
gress respecting the prosecution and objects of the
Mexican war. It has been suggested at Liver-
pool that in order to relieve any money pressure
that may arise in the United States, Bank of England
notes should be sent there, but among other objections
is the possibility of shipwreck and the total loss of the
notes, there being no " seconds" as with bills of ex-
change.
The Funds are tolerably steady to day, although the
Rentes come lower from Paris. Consols have been
marked 891 to I for present Transfer, and 894 for
Account, being now the " turn" lower. The New
Three-and-a-Quarter per Cents. have been 901 to I,
and the 3 per cent. reduced 891 to 891. Bank Stock is
200 to 202, and East India Stock 241 to 243. Exchequer
Bills of June are 25 to 29 premium.
The foreign securities are very dull. Peruvian
have been as low as 34 and :35, because from
the correspondence that has passed it is deemed
certain that considerable delay will occur before
there is an arrangement of the debt, and
even then that any compromise upon the plan
adopted in reference to New Grenada, instead of Chili,
as wanted, would be most unsatisfactory. Portuguese
Four per Cents. are 261 ; Spanish Three per Cents. are
32; Brazil Stock is at 85; Dutch Four per Cents. are
85 to 86.
Railway Shares have been very quiet. Brighton are
rather flatter again.

ONE CLOSING
AtICES OF BRITISH FUNDS. O'CLOCK. PRICES
Bank Stock
3 per Cent. Reduced Anns 891,14 89%
3 per Cent. Consols Annuities. BO4 li N, 891,4
New 314 per Cent. Arms
Long Anns. to expire J an. 1860
Ditto, Oct. 10, 1859 .....
Ditto 30 years, Jan. 5, 1860 B3/4 13-16 8 13-16
India Stock 241 243 243
Consols for Account
Exchequer Bills. 3d.
1,000/. March ..
1,0001. June 29 25 p 25 p
500/. June
Small, June
ONE CLOSING
RICE'S OF FOREIGN FUNDS. O'CLOCK. PRICES.
Austrian, 5 per Cent ...... 101 101
Brazilian Bonds
Ditto, Small BF lii 8614
Peruvian Bonds, 6 per Cents
Portuguese 5 per Cents. —
Ditto, 4 per Cent —
Ditto, Account 2614 261/2
Spanish 5 per Cent. 1840.
Do. .. . 1847
Ditto, Passive

16!41
5 •
32

Ditto. 3 per Cent
Venezuela Bonds, 2LA per Cent
Ditto, Deferred — 11%
Dividends on the above payable in London.
Dutch, 211, per Cent., 12 Guild — 64%
Ditto. 4 per Cent. Certificates 85% 86 86
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
Aberdeen 45 ... .
Amber., Nott., Boston,
and Eastern Junction 2%......
Ayrshire and Galloway.. 2%
Belfast & County Down le
Birmingham and Ox-
ford Junction .... ... 20
Birmingham, Wolver-
hampton, and Dudley 10 ..
Birming., Wolverh'pton,
and Stour Valley 101. 145... ••• --
Birkenhead, Lancashire,
and Cheshire Jun,;.... 734 — ... . .........
Boston, Stamfd & Birm. 5
Bristol and Exeter
Ditto, Thirds
B uckinghamshire... 121. .Is. ... ..
Ca ledonian
Ditto, Half Shares .. 33/4...... .5;1 5,
is
Ditto,Clydesdale Junc 50
Chester and Holyhead... 37%
Ditto, Preference l2 ..... 121 .
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-
mouth
Dublin and Belfast June. 25 ...... 5
Dundalk & Enniskillen 17% ......
East Anglia, 25/., L. &
E. and L. and D...... 25 ...... ...
Do., 18/., E. & 11.... 18 ..
Do., W. 10s.
Eastern Counties
Ditto (B)
Ditto,Extension,s per
Cent., No. L..... 61.135. 4d.... IA p IA p
Ditto ditto, No. 2...61. 13s. 4d... lit p ... 14 p
Do., North. & Eastern 50
Do., Quarters
Do., New ... ... 23 ......
Eastern Union 6O
Ditto, Quarter Shares 12% —
Ditto, Thirds .......135.4d..

1)o. (guar. 6 per cent.) 10 ...... . .... .. .....
Ditto, ditto
East Lancashire
Ditto, New
Ditto, New Quarters 33/4......
East Lincolnshire •••••• 161/2
Edinburgh and Glasgow 50 ...... 43 .. 43
Ditto, Half Shares ... 15 .. ..
Ditto, Quarter Shares 121/2
Edinburgh and Northern 221/2
Ditto, New.. 334
Ditto, Newport
Ditto, ditto, New 21.4. • •
Exeter,Yeovil, & Dorch. 2,7 i
Ditto, New
Glasgow, Dumfries, and
Carlisle Bl. 6s. Bd.
Glasgow,Kilmar., & Ayr 50
Ditto, New ... ...... ... 40
Do• Preference Consul. 15
Great Northern
Do., London and York 21/2
t;reat South. and West.
(Ireland)
Great North of England.loo .. .
Ditto, New 401. ...... ... 5
Ditto, New 30/ 3O
Ditto, New, 151.
Great Western
Ditto, 1/2 Shares
Ditto, -14 Shares
Ditto, Fifths 2O
Ditto, New 17/ .. .. 91,4..... lei
Huddersfield and Stanch. 24

Ditto, Thirds
Hull and Selby
Ditto, Half Shares ... 25 ...... ... —
Ditto, 14 Shares
Ipswich& Bury St. Edm. 17%
Do., do., and Norwich 15
Do., do., Extens. Scrip
(late Camb. & Ely) 24 — ......... .... .
Lancaster and Carlisle... 50
Ditto, Thirds
Lancashire & Yorkshire 93
Ditto, ditto

Ditto, 1/4 Shares ...... 38 ..... ... 341 e
Do. Quarter Shares... 141,4
Do. Fifths..
Do. Sixteenths 6l
_ 4 - _ ..

Do. Thirds (Reg.)....10/.4;...... 41A% dis 4:-% dis.
Do. Liverp. and Bury 38
Ditto % (late Hud-
dersfield and Sheff.) 33
Do.(Wakefield,Ponte-
fract, and G001e).... 50

Do. ( W. Riding Union)4l. 2s
Do. (Preston & Wyre) 25

DO. 1/2 Shares (A)..: 9
Ditto ditto (B) ... 114
Leeds and Bradford
Leeds, Dewsbury, &c... 421/2...••• ••• • —
Do., Half Shares l5
Do.Newßranch (blue) 2%....•
Do. Extension (green) '2%
Do. New Exten.(pink) 2%
Leeds and Thirsk ..... • 36
Ditto, New
Do., Prefer., 6 per Ct. 3%......
Liverpool, Crosby and
Southport
Liverp., Manchester, and
Newcastle Junction... 21i. —
London & Black wa11...13/. 68.8 d....
Do. New, No. 2 ... 4/. 13s. 4d....
Do. Extension ..... ... 171
London, Brighton, and
South Coast
Do. Consol. Eighths. 40
Do. Guarant. 5 per ct.., 9
Do. Pref. Con. 5 per et. 50 .. ... ••• •••
Ditto, ditto— 1852 50
London and Greenwich 12115 s 4d... ... .....
Ditto, Preference... 181 17s 2d...
Landon and N. Western 100 148% 147 147
Do., Quarters L. & B. 22
Do., do., New
Ditto Fifths .........2
Do. LA Shares (G. J.) 25
Do 40/.Shares( L. M.) 15
Do. 40/. (M. & B.) ... 40
1034
Do. 101. (M. & B.) A. 7%...... 1034
Do. 10/. (M.. & B.) B. 7% • •
Do. 101. (A) . & B.) C. 1
52
Lon 1. & S. Wostern

Do. New 50/. ... ..... 371,4.„
Po. 40/. . 30 ......
Do. Tenths (Consol.) 50 451/t.
Ditto ditto ...._4O

1R:

Ditto, Thirds Si 6s.
London, Salisbury, and
Yeovil
Londonderry&C,leraine 271X2
Londonderry and Ennis-
killen ... •
Lowestoft (4 per et.) ... 20
Ditto (6 per ct.)
Man.thester•Buxton,and
Matlock 3
alanchester• Sheffield,
and Lincolnshire ...100 ••• •• .........

Do. Quarters (No. 1) 13
Ditto ditto (No. 2)... 25
Ditto ditto (No. 3)1 714
Ditto, New 101. Pref... 71,E —
Ditto and Grimsby.... 25
Ditto ditto . ........ 7
Ditto ditto ...
.._. ~.. ..._ .. _

Ditto Sheffield and
Lincolnshire 71,4..• ..... - .. • • ..• 000000000 -
Do., Grimsby Dock 12%
Do. Man. & Lin. Union 41.2 s — ...... .........
Manchest. & Southampt. 2 '4l —
Midland
Do. Consolidated Pref.100
Do:40/. Shares
Do. 501. Shares
Do. Binn., and Derby100
Do.Consol. Bristol and
Binning., 6 per ct...... 100 ......
Midlnd, Brist. & Glocstr. 36
Ditto, ditto ...... .. 11/. 3s. 6d —
Midlnd, Leicest. & Swan-
nington, 8 per ct.guar.loo ...
Midland Great Western
Irish
Newcastle and Carlisle...loo
Do. Quarts rs 25
Newmrket&Chesterfora 18%
Do. Extension .........21. 125....
Newport, Abergavenny,
and Hereford 6
Newry and Enniskillen 7
Newry, Warrenpoint,
and Rostrevor .. 12% - ••-••
Norfolk 100
Do. New 20/. .. 5 • •••••• •••
Do. Extension
Do. Guaranteed 5% pc. 5
Do. Scrip, 1847, North
of Norfolk.... 2 ••• ••••• •••••
Do. do. Waveney Val. 2 —
Northern Counties Union 4
North British ........ ... 25
Do. Half Shares
Do. Quarters
Do. Extension
Ditt.) Thirds
Norte Staffordshire lO . 10%... .... ...... 10%
North Wales
North Western. 6 -
qxford, Worcester. and
Wolverhampton ...... 35 ... ..
Reading, Guildford, and
Reigate
Royston and Hitchin ... 13(1
Scottish Central
Scottish Midland 22% — . ..- —
Ditto, New
Sheffield, Rotherham,

and Goole .
Shrewsbury and Birm,. 7

Ditto ditto. Class B. 4
Shrewsbury & Chester
( Nor. W. Min.)
Ditto halves ... ditto 8 ...... ••• —
Ditto Osvrestry ...... 12
Ditto New
Do. 8 per Cent. Pref. 5
Shrewsbury and llerefd. 2 ......
Shropshire Union
South Devon 4O
Do. Preference - •••• •••• •••• -
South St attOrdshire 4 -
South Eastern & Dover. 331
Do., No. 1 24
Do., Nc. 2.
Do., No. 3 ...,... ...... 20
Do., No. 4
South ‘Vales
south Yorkshire, Don-
caster, and Goole
Swans. & Loughor & Ca-
meron's Stm. Coal. ... 6
Taw Vale Extension ... 4
Thames Haven Dock
and Railway ........... 171/.2......
Vale et .Neath ••• ..

Waterford And Kilkenny 131/2.
‘Vatertorti and Limerick 40
Waterld,Wxfrd,Wieklw,
and Dublin
West Cornwall

IV hitehaven & Furness 13
Windsor, Staines, and
South Western........ 525.
Vilts, Somerset, & Wey-
mouth
York, Newcastle, and
Berwick.....
Do. Original New and
Berwick .. ... 25
Do. North Shields Pur. 25

Do. Extensiow No. 1. 15
Do. do. No. 2. .... ... 10
Do. Gr.N E.Preference 8 ...... 101,065 y .....
York and North Midland 50
Ditto, Preference ...... 10

Do. East and NV est Rid-
ing Extension

851,41 h 35