The Sun.
London, England, 1846-02-19 00:00:00

NOTICES OF MOTIONS.-RAILWAY DEPOSITS.

Mr. MOFFATT gave notice that he intended, upon a future day,
to bring in a Bill to alter and amend the Act 1 and 2 Vic. c. 117, to
facilitate the payment of railway deposits, and to remedy the cum-
brous machinery of the present Court of Chancery.
POOR-LAW.

Captain PECIIELL moved far a return of the copy of any in-
structions issued by the Poor-law Commissioners for the purpose of
uniting the parish of Farnham, in Surrey, now under Gilbert's Act,
with certain other parishes under the Poor-law Act; also, for a copy
of any memorial to the Poor-law Commissioners from the rate-
payers of the parish of Farnham remonstrating against such union
or any interference whatever. He considered the proposed measure
unjust, that the parish of Farnham should be made the centre of a
poor-law union. The management of the poor in that patish had
hitherto been satisfactory, and he hoped the Right Hon.
Baronet the Secretary of State for the Home Department,
would in this, as in some other measure under the consideration of
the House, change his opinion. The Gallant Member would also in-
quire when copies of the remonstrances made by the Poor•law Com-
missioners on the subject of the bone-crushing in the Andover Union
would be laid upon the table of the House ?
Mr. MANNERS SUTTON was unable at the moment to give any
answer to the question of the Gallant Member.
STANDING ORDERS.
Mr. GREENE then brought up the report of the Standing Orders
Committee, reporting that the London and Blackwell, the Great
Grimsby and Sheffield Junction, and several other railways, had
complied with the standing orders.
The House adjourned at One o'clock.

PARLIAMENTARY BUSINESS.
(From the Votes and Proceedings of the House of Commons.)
TUESDAY, F.H.B. 17.
The following retitions for Railways were reported, and the Bills
ordered to be brought in by the undernamed Hon. Members :
Carnwath and West Linton—Mr. Lockhart and Mr. Craig.
Leeds and Bradford (Junction Line at Bradford)— Mr. Beckett and

Mr. Busfeild. - •
Otanam District-31r. rntwi.i. and Mr. Buckley.
York and Carlisle—Colonel Lowther, Lord H. Vane, and Alderman
Thompson.
Caledonian and Dumbartonshire Junction—Mr. Smollett, Mr.
Forbes, and Mr. Co'quitoun.
Swansea Vale—Sir J. Guest and Captain Leyard.
Ballozhney (Shetts Bruuch)—Mr. Oswald, Mr. Colquhoun, and Mr.
Lockhart.
Malton and Dritlield Junction—Mr. E. Denison and Mr. Broadley.
Monkland and Kirkintiiloch (Chapel Hall Branch)—Mr. Oswald, Mr.
Colquhoun, and Mr. Lockhart.
Bridgewater and Minehead Railway and Pier—Sir T. D. Acland and
AfT. Acland.
Great Western and Wycombe—Mr. Dashwood and Captain Osborne,
Tenby, Saundersfoot, and South Wales—Sir R. Philipps, Mr. Ward
and Sir J. Owen.
flux and Selby—Mr. Broadley and Mr. Hudson.
Edinburgh and Peebles—sir J. Hope and Mr. F. Mackenzie.
Ayrshire and Galloway—Mr. Hodgson, Mr. 11. :Johnstone, and Mr.
Lockhart.
London and South-Western (Romsey and Redbridge Junction)--Mr.
Compton and Sir W. Heathcote.
' Ulverstone, Furness, and Lancaster and Carlisle—Mr. Fatten and
Mr. Clifton.
Edinburgh and Glasgow Amendment and Branches—Mr. Craig and

Mr. Dennistoun.
London and Birmingham (Camden and .../inston Stations Enlarge-
ment)—Mr. Mangles, Colonel Anson, and Mr. Banbow.
Leeds, Dewsbury, and Manchester (Wakened Exteasion)—Mr. B
Denison, Mr. Beckett, and Mr. Aldam.
Cambridge and Oxford—Mr. Wilshere and Mr. E. Yorke.

The; following Resolutions were reported from the Standing Orders
Committee:—

1. That, in the case of the Edinburgh and Glasgow Railway
Amendment and Branches Petition, the Standing Orders ought to be
dispensed with :—That the parties be permitted to proceed with
their Bill.

2. That, in the case of the Edinburgh and Peebles Railway Peti-
tion, the Standing Orders ought to be dispensed with :—That the
parties be permitted to proceed with their Bill.
3. That, in the case of the Waveney Valley and Great Yarmouth
Railway Petition, the Standing Orders ought to be dispensed with :
That the parties be permitted to proceed with their Bill,
4. That, in the case of the London and Birmingham Railway
(Camden and Euston Stations Enlargement) Petition, the Standing
Orders ought to be dispensed with : —That the parties be permitted
to proceed with their Bill.
5. That, in the case of the Great Western and Uxbridge Railway
Petition, the Standing Orders ought to be dispensed with : —That the
parties be permitted to proceed with their Bill.
6. That, in the case of the Cambridge and Oxford Railway Peti-
tion, the Standing Orders ought to be dispensed with : —That the
parties be permitted to proceed with their Bill.
7. That, in the case of the Ayrshire and Galloway Railway re-
committed Report, and Report of the 9th February, the Standing
Orders ought to be dispensed with :—That the parties be permitted
to proceed with their Bill.
8. That in tile case of the Glasgow, Paisley, Kilmarnock, and Ayr
Railway Amendments and Branches (No. 4) Petition, the Standing
Orders ought not to be dispensed with.
9. That in the case of the Holme Reservoirs Petition for leave to
present a Petition for a Bill, the Standing Orders to be dispensed
with : That the parties be permitted to present their petition ac-
cordingly.
10. That in the case of the Lendon and south-Western Railway
(Romsey and Redbridge Junction) Petition, the Standing Orders
ought to be dispensed with : —That the parties be permitted to pro-

coed with their Bill.
11. That in the case of the London and York Railway Petition,
the Standing Orders ought to be dispensed with :—That the parties
he permitted to proceed with their Bill.
12. That in the case of the London, Newbury, and Bath Direct
Railway Petition, the Standing Orders ought to be dispensed with :
That the parties be permitted to proceed with their Bill.
13. That in the case of the Viverstone and Furness and Lancaster
and Carlisle Railway Petition, the Standing Orders ought to be dis-
pensed with :—That the parties be permitted to proceed with their
Bill.
14. That in the case of the Leeds, Dewsbury, and Wakefield Rail-
:
way Petition, the Standing Orders ought to be dispensed with
That the parties be permitted to proceed with their Bill.
First, Second, Third, Fourth, Firth, Sixth, Seventh, Ninth, Tenth,
Eleventh, Twelfth, Thirteenth, and Fourteenth Resolutions agreed to.
Report to lie on the table.

FIRST REPORT FROM THE SE-
LECT COMMITTEE ON RAILWAY BILLS
CLASSIFICATION.
The Select Committee appointed for the Classification of Railway
Bills according to the Resolutions adopted by the House, and
who are empowered to report from time to tame—hsvo considered
the several matters referred to them, and agreed to report as fol-

lows :
Your Committee recommend that the following Rills be referred
to a distinct Conuuittec
ENGLAND.
Group, No. 1.

London and York.
Direct Northern.
Eastern Counties (Cambridge and Lincoln line).
Eastern Counties (Lincoln and Milford).
Eastern Counties (March and Lincoln Extension).
Cambridge and Lincoln Extension.
Eastern Counties (Hertford to Huntingdon).
Ely and Huntingdon (Bedford Extension).
Stamford and Spalding.
Midland Railway (Swinton to Lincoln).
Manchester, Midland, and Great Grimsby Junction.
Sheffield and Lincolnshire Junction.
Sheffield and Lincolnshire Extension.
Doncaster, Wakefield, and Leeds
Lynn and Ely (Extension to Spalding). ,
Axholmo. Gainsborough, Goole, and York and North Midland.
Your Committee further recommend that the fillovring Bilis be
referred to a distinct Committee :
_ Group, No. 2.

North Devon. ,
Taw Yale Extension.
Bideford and Tavistock.
Ashburton, Newton, and South Devon.
Dartmouth, Brizham, and Exeter.
Launceston and South Devon, No. 1.
Launceston and South Devon, No. 2.
South Devon (Tavistock and other Branches), No. 1.
South Devon, No. 2.
Your Committee _further recommend that the following Bllls be
referred to a distinct Committee :
Group, No. 3.
Direct London and Portsmouth.
Guildford, Chichester, and Portsmouth.
Guildford, Chichester, and Portsmouth.
Guildford, Chichester, Portsmouth, and Fareham,
Epsom and Dorking.

THIRD REPORT OF THE SELECT
COMMITTEE ON RAILWAYS.
The Select Committee, appointed to consider the mode In which
the house shall deal with railway Bills proposed to be submitted to
the House during the present session, have further considered the
matters referred to them, and agreed to the following report:—
The number 'of petitions for railway Bills, which have be en pre;
sented this session, have been stated to your Cosamittee to atnoun
to 562 ; viz.:— 395
For Railways in England and Wales • - .• • •
.. 120
d 47
howetronany of vrosioczejley fiku non-coxppllAnce

SHEFFIELD, FEB. 17.
STocit EaciLixGa.—The sales are—Grimsby and Sheffield Exten-
sion, 21. 16s.—Iluddersfleld and Manchester, 13U=London and
Winclsor,6l—Leeds, Wakefield, and Midhuld, 3s.—Man-
chester, Sheffield, and Midland Junction, 414 —Manchester, Buxton,
Matlock, and Midland, 3% Manchester and Lincoln 'Union and
Canal, 21. 6s.—Sheflield, Button, Leek, Potteries, and Crewe, l&s,
HULL, ran. 17.
STOCK EXCHANGE.—The sales are—Blackburn, Damen, and Bo'.
ton, New, 2%—Great Grimsby and Sheffield Extension, 15s. p.—
Newcastle and Berwick, 2214—North British, Carlisle Branch, 3
Axholme, 1% —Derby and Gainsborough, %—Glasgow,Dumfries, and
Carlisle, 21.:48.—Great North and South Wales and Worcester, 128.
die.—Bull and Barnsley Junction, 36s.—Hull and Lincoln, ss. dis.—
Leicester and Pedford, 22s.—Liverpool and Leeds, 1% —North
Western, 2% —North Staffordshire, 6/. Os. Gd.—Rugby and Hunting-
don, 1% —West Riding Union, 514 :
HUDDERSFIELD, FEB. 17.
STOCK EXCHAnE.—The sales are—Great Grimsby and Sheffield
Junction, log —lraddenfield and Manchester Railway and Canal,
30—Ditto, ditto, 6% p.—Huddersfield and Sheffield Junction, 21%
Leeds, Dewsbury, and Manchester, 17—Huddersfield, Halifax, and
Bradford Union, 51. 4s. 6d.—Leicester and Bedford, par—Manches-
ter, Huddersfield, and Great Grhnsby, 325. 6d.—North Staffordshire,
4 p.—North Western, 2% —South Midlands, 2% p.
YORK, FEB. 17.
STOCK EILCHAKOE.—The sales are—Eastern Counties, York Ex-
' tension, 1% —Grand Union, it. ifs.—lpswich and Bury, 8% —Ditto,
Extension (Norwich), 2%—Leicester and Bedford, I—London and
York, 4—Manchester, Buxton, Matlock, and Midland, 3% —New,
castle and Berwick, 22%—Newcastle and Darlington Extensions,
11—North British, Carlisle Extension, 3—North Western, 2%—York
and Carlisle, 21. 3s. 6d.—York and North Midland Extension, 31%—
Ditto, New (East and West Riding), 1014.
NEWCASTLE-UPON-TYNE, FEB. 17.
STOCK EXCIIANGE.—The SAWS are—Great Grimsby Extension,
13e. Gd. p.—Great North of England, 401. Sl area, 311,( p.—Ditto, 151.
Shares, par—Lancashire and North Yorksh're, 2s. 6d. p.

GLASGOW, FEB. 16.
STOCK EXCIIANGE.-The sales are - Aberdeen, Banff, and Elgin,
375.-Airdrie and Bathgate, 505.-British and Irish Union, 61a. 6d.
--Caledonian Extension, 525. 6d.-Caledonian and Ayrshire June,
tion, 355. CA.-Caledonian and Dumbartonshire Junction, 478.-East
Indian Railway, 25a. 9d.-Edinburgh, Glasgow, and Dumbarton.
16s. 6d.-Edinburgh and Northern, 614-Glasgow General Terminus,
13-Glasgow and Belfast Union, 455.-Glasgow, Kilmarnock, and
Ayr, New, 284- Glasgow, Dumfries, and Carlisle, 475. 6d.-Glas-
gow, Kilmarnock, and Ardrossan, 575. 6d.--1 lla•gow and Dundee
Junction, 391. -Glasgow Harbour Grand Junction, 355.-Glasgow
Harbour Mineral, 475. 6d.-Great North of Scotland, 605.-Great
North and South Wales, Bs.-Great Indian Peninsular, I ls.-Lanark
and Lothians, 485.-Larne, Belfast, and Ballymena, 365.--Midland,
1121. cx new -Perth and Inverness, 362.-Scottish Central, 15% -
Ditto, New, 8%-Scottish Southern, 375. 6d.-Scottish Central and
Caledonian Junction, 30s.- Slainannan, 275.-South Midland, 87s. 6d.
-Stirling and Dunfermline, 48s.

MONEY MARKET and CITY NEWS.
CITT, If ONDATEVINING,

TIMES.—The pressure for money has much increased in the City,
and it falls in a great measure upon those who are least able to bear
up against it—the second class of credits. Bills, as good as any that
could be presented, which would be taken in ordinary times in pre-
ference to all others, have either been refused discount, or have had
unreasonably hard terms imposed upon them. This is a state of
things which cannot long exist without injury, and the first hint of a
remedy is naturally to be looked for from those who most suffer by
it. An extension of the purchases for investment on the account
of the railway deposits, or such promptness of decision by the
Committees of Parliament as would bring out the hinds de-
posited into circulation again, either by employment or by re-distribu-
tion from rejected lines, would be hailed as a seasonable relief by the
moneyed interest ; but as these are now in very limited operation in-
deed, some other modes of getting money out of the Bank must be
thought of. ,The directors, it is well known, would make advances
to a much greater extent were they: not restrained by their liabi-
lity at the shortest notice to have any amount of the railway deposits
withdrawn ; and any plan, therefore, far suspending that liability
would produce almost immediate relief. Many of the managers of
railway companies, rather than make purchases of Stock and
Exchequer-bills in the market under the disadvantages
lately experienced, have advised letting their deposits re-
main untouched, arguing that if by this course they can make no
profit, they will be effectually protected against loss. Now, it has
been suggested that if the Bank, departing, wider this very peculiar
state of things, from their usual practice, would allow only a small
rate of interest upon the railway deposits, the employment of them
for a fixed period would be most readily and thankfully placed at
their disposal. There has occurred a kind of precedent for this
in the transactions with the East India Company a few years
back, which had accumulated a large sum from the sales of
their stock and goods, and other property ; and the Bank,
rather than leave this to an irregular and uncertain
action on the Money-market, consented to allow interest
upon it. There was much less necessity for it then than there is
at the present moment, and the suggestion is thought altogether so
likely to have a beneficial effect, that hopes are expressed that the
directors will entertain it. The supposed rate which ought under
these circumstances to be allowed, is fixed at two per cent. ; and as
this, with the high current rate of money, will make it a very pro-
fitable banking operation, it will most probably be submitted to the
consideration of the board at their next meeting ; and if no rules of
the Accountant-General's office stand in the way, it is: believed to
have a fair chance of adoption. Certainly no objections to it are to
be looked for on the part of the railway companies, who would, on
the contrary, most of them eagerly accede to such a proposal, and
grant a very liberal limit as to time

CITY, TexeDAY EvENING.
ft has ben intimated this morning that the suggestion of a payment
of interest on railway deposits by the Bank, for the immediate pur-
pose of obviating the present great pressure for money, is one that
the directors will not give the slightest countenance to. That the
board] should object to pay for the use of the deposits so long as they
have any prospect of attaining the same end gratis, is so natural and
reasonable, that nothing can be said against it ; but it is obvious
that if these large sums continue to be thus locked up, so that they
cannot be used, so much inconvenience and mischief will arise as to
force something of the kind upon them. Those who argue in favour
of this course are not at a loss for parallel cases, even though that of
the East India Company, adverted to yesterday, is put aside. The
locking up of these funds is just the same thing as though the Govern-
ment had raised a loan to the same extent, and kept it undisturbed in
the Bank. Something of this sort occurred in the time of the West
India Loan, in principle at least, though not reaching to near the
same amount ; but all capitalists and dealers in money will recollect
what urgent applications were made to Mr. Spring Rice to let it out
again, when an arrangement was made by which the Bank allowed
interest to the Government, but took in the scrip at a turn of a quar-
ter per cent., by which, at that time, very large profits wets
realised, and the Treasury w. s taxed with improvidence and waste of
the public money for having allowed it ; and yet that Was defendedraa
on the plea that the circulation must be relieved, or worse
ll
quences ensue, The present state of monetary
ndpaper cir-
with anything that ever existed before, since banking
il
Exchel
tier
affairs has ara el
culation commenced ; and that the Chancellor of t
rprise in the
imsuendation which
he alone can originate, is a subjemct
raoicay
apemdatiana,
does not see this, and interpose with someg
trading
City. Substantially, and apart
and yet hundreds must
never in a sounder condition,
eneranl
credits were
r w
want of that accommodation
break down and he: ruined lb
d , an ehi h has formed for years past.
which no banker will now give
the ruling principle of his busine
ss. There can be no greater cruelty
than in the destruction of this useful and valuable class of men be-
cause the great bulk of the community have gone mad in railway
speculations, and all the nines they could scrape together are placed
in close keeping, while some point of etiquette is adjusting between
the Accountant-General, the railway managers, the Treasury, and
the Bank of England as to the manner in which they can be made
useful in the ordinary way to the service of trade. All parties seem
to be rigidly bent on not making any move at present, and this in-
difference is regarded by many as the forerunner of a crisis, to meet
which all remedy may be too late. As it is now the fashion for great
authorities to change their opinion under a
change
of circumstances,
the case is not, perhaps, yet quite hopeless.
The premium on gold at Paris is 12% per mllie, which at the
English Mint price of 31. l'ls. 10%d. per ounce for standard gold,
gives an exchange of 25 46 ; and the exchange at Paris on London
at short being 25 65, it follows that gold is 0.74 per cent. dearer in
London than in Paris. •
By advlces from Hamburgh the price of gold is 435% per mark,
which, at the itglish Mint price of 3/. 17s. 10%d. per ounce for
standard gold, gives an exchange of 13 1014 ; and the ekchange at.
Hamintrgh en London at short being 13 12, it follows that gold is
0.79 per cent. dearer in London than at Hamburgh.
The course of exchange at New York on London is 108% per cent.,
and the par of exchange between England and :America being 109
23'40 per cent., it follows that the exchange is 0.83 per cent. against
England. But the quoted exchange at New York bring for bills at
GO days' sight, the interest must to deducted from the above differ-
ence.