The Sun.
London, England, 1846-05-22 00:00:00

THE SIJN, LOYDON, FRIDAY EVENING,` MAY 22, 1846.

entire House ; the House itself, by a majority of
no less than 124, the numbers being 139 to 15, decided that
Mr. SMITH O'BIUEN was in contempt. He got an opportu-
nity of purging that contempt, of whi"h he did not chooie to
a~ ail himself, and it is idle for him now to allege that the
House had not the power of punishing that contempt. If it
was competent for them to do so in any instance, it was surely
in the present case. We will, however, hope that Mr.
O'Bzwur will see the absolute necessity of acting with
greater discretion, and withdrawing from a contest in which
' he must be the only sufftTer, and that the House will there-
upon restore him to freedom and his privileges as a Member of
the Legislature.

We cannot remember the country ever to have been so
passive and tranquil, during an important political conjunc-
ture, as it is at this moment. The mind of the nation is
fixed almost exclusively upon the House of Lords. Never
since the Reform Bill has this august branch of the Legis-
lature filled so large a space in the eyes of the country.
The national intellect is absorbed in weighing the respective
probabilities of the success or failure, in the Upper House, of
the great measure sent up by the Commons for the abolition
of the corn-laws. Short of any question affecting the funda-
mentals of the Constitution, none could be devised so in-
tensely calculated to interest, not only the United
Empire at large, but likewise its vast dependencies,
as this great scheme of commercial reform. Yet the
contrast between the state of the country in 1830
and 1846 is most striking. At the former period it was
literally convulsed. We stood upon the brink of a volcano;
the minds of men of ail classes were stirred to their inmost
depths. The Constitution was rocked to its very foundation.
The House of Peers happily shrank from the fierce contest
of popular tumult, engendered by their prejudiced resist-
ance to reasonable and long-coveted changes in the repre-
sentative system, and England came out of the ordeal free
from the disastrous consequences of physical commotion,
which must have resulted, had the painful crisis been pro-
tracted. At the present hour order and tranquillity prevail
throughout the land. Were a stranger to visit us it would
be difficult to make him believe that this state of national
repose was co-existent with a doubt whether a mea-
/sure of vital importance to the happiness of millions, and
which has just been sanctioned, atnidstripging plaudits, by one
branch of the Legislature, would be suffered to pass the
other. Yet such is the case. Before the end of next week
the problem will be solved. We shall then know the
division upon the second reading, which will pro-
bably be conclusive, one way or the other, of the
fate of the Bill. To ourselves, this remarkable state
of things is fraught with matter of which we have reason to
be proud, and assures us that the hopes-of the people will be
speedily accomplished. Strongly as our affections are set
upon having the privilege of enjoying freedom of commerce
with all the world, the patient endurance of our countrymen
demonstrates, under the circumstances, a confidence
in the collective wisdom of their public men, and
valuable institutions, such as no other country
could, we believe, at this time, furnish us with a
parallel. The dignity of their conduct, and soberness of
their views, is the strongest proof of the admirable use the
people make of the enlarged franchises conferred upon
them by the Reform Bill. There are those, however,
who regard the present posture of affairs very dif-
ferently, and draw conclusions the reverse of those
to which we deem the premises entitled. The Protec-
tionists assume the absence of all outward excitement to
be a proof thaterthe country is not desirous of seeing the
Corn Bill imbedded in our statute book. Do they flatter
themselves that they will fail to be reminded of the numerous
petitions sent to both Houses from all the great corporate
bodies of the kingdom since the enunciation of the measure
by the first Minister of the Crown ? Do they conceive that
the accredited influence of the League is to be disposed
of by a sneer and a taunt? Have they read history to so
little purpose—are they so ignorant of the workings of the
constitution—as to be unaware that so gigantic an Association
could have been formed, including amongst its members
persons of the highest rank and greatest wealth in the State,
and have gone on for years, strengthening with its
strength, without the certainty of ultimately accomplishing
the object that summoned it into existence? Do they forget
that it is before this pyramidal guardian of the rights of-
commerce, to its acknowledged enlightenment and embodied
experience, to the startling facts it has brought forward,
and to the cogent arguments it has adduced, that
the first and ablest men of the day have bowed
their heads in submission ? Whilst the Anti-
Corn-law League exists, it is idle to talk of the country being
apathetic or indifferent to a measure which owes its birth to
this powerful organisation. The League is passive now,
because it is conscious of the righteousness of its cause, and
of its own inherent strength—is satisfied, from the political
history of the last few years, that its efforts are on the
eve of being crowned with success, and not the less so, from
the House of Commons having legislated in favour of their
wishes by the commanding majority of 98. Their confidence is
moreover increased by the knowledge that their cause has been
ushered into the House of Lords by the Duke of WELLING-
TON, who, more than any other man, felt the rebound of popular
disappointment in the memorable year of 1830, and whose
influence amongst his compeers, from his straightforwardness
of character, and his moderation and foresight, the fruits of
experience, is greater than ever was possessed by any single
individual. Their confidence is, besides, the greater
from the indispu;able fact that, Lord STANLEY excepted,
all the distinguished men who have of late years
formed successive Governments, have been, and will be, their
ardent and eloquent advocates. Should it, however, eventu-
ate that these powerful elements of hope should be dissolved,
and the Minister driven to appeal to the country
through the rejection of the Corn Bill by the Lords,
the League, and the other great bodies who are
associated with them in feelings, would then be seen arising
from their slumbering strength, and calling forth such a
national demonstration, as would effectually secure, in the
new Parliament, the due reflection of their irresistible will;
and the three years grace, at present accorded to the Pro-
tectionists, would then be deservedly withdrawn.
We admire the private character and chivalrous bearing of
the Duke of RICHMOND, but we detest the tyrannical ar-
gument, that public men are to be debarred in politics—which
is strictly an experimental science—from taking advantage
of reason and experience combined, and declaring that
they are wiser to-day than they were yesterday. Those
who hold this doctrine necessarily announce themselves to
be infallible, an arrogance from which all reasonable men
turn with contempt. It is a doctrine from which, if con-
ceded, no public man could escape without censure. It is a
bigoted dictum, which, like chaff, would be scattered by
the slightest breath of reason. Would the Duke of Rim-
MOND be content to be forced to cultivate his land
as his ancestors did, and to be deprived of the va-
rious improved processes of agriculture since established by
our enlarged knowledge of chemistry and mechanism? We
suspect not. And yet, if his argument hold good, he ought
not to reap she advantages derivable either from his own
experience or that of others, in this or any other
science. We submit that confidence in public
men should be measured by the succors of
their measures. Sir ROBERT PEEL says he has for more
than three years tried a great commercial experiment, the
result of which has exceeded his most sanguine expectations,
and is satisfied that national prosperity is greatly enhanced
by commercial relaxation. The protectionists cannot deny
the first part of this statement, but insist that
the second ought not to be considered, because they contend
a bargain was struck by which the tide of prosperity
was not to be suffered to cover a particular water-mark.
Such reas fling will not satisfy the country. Sir
R. PErA, empliatieally denied he was ever a
patty to such a bargain. Nothing can be more
unconstitutional than such a surmise, and the Minister is too
sound and practical a statesman ever to have countenanced
so glaring an absurdity. The more we reflect upon the
great question of the day, in all its bearings, the wore we
e satisfied that the enlightened policy of the Ministry will
prevail, and that the advocates of mono. )Iy and restriction
will be completely discomfited.

No little stir has been created among the senior officers of
the navy by the appc,intment of two captains to the rank of
commodore for a temporary and experimental purpose.
Sir GEORGE COCKBURN, it is said, denies all participation in
theact, and the denial is SO probable,so much in keeping with
the old worn-out system religiously observed at the Admi-
ralty, that it may be taken as a matter of fact. The junior
Lords of course cculd have nothing to do with it, and
the blame therefore falls on the shoulders of that
restless innovator, the ex-Governor-General of India,
who, by lis sweeping reforms, attempted while he held
his brief appointment, made all the sinecurists in Hindostan
tremble, and threw the Conservative and venerable Directors
of the India House into the utmost consternation. When
his Lordship was appointed to the Admiralty, and a good
naval reformer was associated with him at the board, in the
person of Captain boys, we anticipated some material
changes, some modification of the rule established by the
wisdom of our ancestors ; but which, in place of showing any-
thing like wisdom or benefiting the country, has been the
greatest curse on both the naval and military services. Accord-
ing to this wise regulation, either all the officers in the service
are considered equal in professional skill, activity, and
genius, or the interests of the country are sacrificed for the
personal interests of individuals. A young admiral or ge-
neral, however superior in every respect to most, or even all,
his colleagues, is not to be appointed to a command, I ow-
ever dangerous the crisis, while a senior officer remains on
the list. An aged admiral, though naval tactics may have
changed, or however necessary may be personal ac-
tivity and the prudent daring of a man in the prime
of life, must have the command of an expedition
both hazardous and of - vital importance to the
instance, last
comman dpeedrlti h perhaps, was that
who Syrian ex
pedition. Ps,
e
interests of the country, because it would he an affront to
pass him over and select ono in every respect superior for
ofsuchT SI Fo
d in
We have no wish to say one word of disparage-
merit reflecting on the • skill and ability of this venerable
officer, but it is
Sir
11 -known fact that he was long past
E eart a Togt: Thet
o,
we
the prime of life when he undertook a service lequiring
the utmost energy and dispatch—a service, the success of
which, in fact, depended on rapid accomplishment, which
to the stormy
would have failed had it been protracted
involved the peace of
season, and in that failure might
havespeaking, was not
Europe. But that expedition, properlyp,
but by Sir CHARLES
conducted by Sir ROBERT STOPFOR
d to him Also every
NArtEa. This all the world knows ; an

man gives the entire merit. It is said that this gallant and
daring officer had not only to contend with the enemy, with
the strong forts of St. Jean d' Acre, the long line of fortifica-
tions on the coast, and the difficulties of the season then
corn inencing, but with the dilatory and undecided resolves of
his own admiral. The capture of Copenhagen would have
been a failure but for the glowing and youthful genius of
NELSON ; the most glorious opportunity‘of destroying an
enemy's fleet was lost in the Basque Roads because GAMBIER
was placed over COCHRANE, and the earns might have been
the fate of the Syrian expedition had not NAPIER, like NEL-
SON, quietly carried on the work in his own way. But even
in this very instance is a glowing proof of the ruinous
system. Sir CHARLES NAPIER, who has acquired
not European, but universal, fame for conducting
an expedition unexampled in the rapidiry of its
movements, the spirit with which the attacks were made and
sustained, and the astonishing results—the security of Con-
stantinople, and probably the very existence of the Ottoman
dynasty—was, on his return, as a reward for his labour*,
" laid on the shelf," and is now spending the prime of his
life in professional idlent ss. He is only a captain ; and what
an insult it would be to admirals, and vice-admirals, and
rear-admirals, to give him a command while they remained
on the retired list! Nay, even the result of experience,
the most indubitable facts, the primary cause of
all our glorious victories by sea and land, during
the most awful contest in which England ever was
engaged, are entirely forgotten by Sir GEORGE COCKBURN
and those sages who maintain the sacred rights of seniority.
When the public danger became too powerful for etiquette,.
:nd the safety of the State set the authority of the Horse
Guards and Admiralty at defiance, merit was preferred to
age, and the wisdom of our ancestors treated with the most
supercilious contempt. Sir ARTHUR WELLESLEY was made
Commander-in-Chief of the army of Portugal while only
thirty-eight years of age, and was not more than
forty. six when he concluded the sanguinary scene
by the battle of Waterloo. NELSON, in like manner, was
placed over the heads of his seniors. He was little more
than forty when he gained the battle of the Nile, and ended
his glorious career at the age of forty-seven. The Govern.
went and the Admiralty cannot despise such striking proofs
of the absurdity of tke present system, and we therefore re-
joice that the Earl of ELLENBOROUGII has made a move in
the right direction, and has resolved to follow examples which
have been productive of immortal services to the country.

Quietly and patiently the promoters of Free Trade have
watched the proceedings of Parliament in relation to the
Ministerial measures. During the seventeen weeks which
have now elapsed since the Prime Minister of England first
announced his conversion to the principles of unrestrictive
commerce, those great associated powers, throuele whose
instrumentality the Legislature has obtained an accurate
knowledge of the opinions entertained by the multitude, and
through whose interference many of our legislators have been
driven into just views of political economy, have maintained an
extraordinary quiescence. Anything that might savour of
intimidation has been scrupulously avoided : even the Anti
Corn-law League, previously so untiring in its assemblies,
has lapsed into a most imperturbable silence. Whatever de-
monstrations have been made during the present session in
favour of the popular policy have invariably been of an in-
cidental nature, they have transpired, as it were, accidentially
upon the hustings of any casual elections. But a systematic
agitation of the question at issue has been, as we have already
observed, most sedulously avoided. Even during the small
gap in the discussion caused by the Easter holidays, Mr.
ConnEet sanctioned, in a particular manner, the continuance
of this tranquillity, by refusing to attend certain meetings
proposed to be convened in the provinces by the rasher
amongst his admirers, and which meetings were in cense-.
quence of this refusal altogether suppressed. The anta-
gonists of the Corn and Customs' Bill would fain have per-
suaded themselves that this quietude implied the displeasure
of the public and the impotence of the free-traders; never-
theless, despite of these insinuations, it has remained
os-
tensible to every individual blessed with a mere crumb of
common sense that the associative powers which were thus
either scorned or traduced, still possessed all their original
strength, though, for honourable and judicious reasons, that
strength was for the time being lying dormant. We cannot
too forcibly commend the wisdom of this course : the
great leaders of the. movement having in it shown
a total abnegation of self, by avoiding that publicity which
could only have ensured for them the acclamations of their
countrymen, satisfied as they were with the victory which
appeared to be accomplishing. Besides this, it was the
most dignified attitude which the people themselves could
have assumed. Whatever procrastination was visible in the
Commons was so evidently attributable to the pertina-
cious zeal of a hopeless and helpless minority, that any
popular demonstration in favour of the measure, besides
being wholly superfluous, would have attached an undue im-
portance to the exertions of that minority. Everybody re-
cognised this, and hence the League persevered in its appa-
rent indolence, all the principal mercantile associations in
the empire remained silent as heretofore—and the
measures of Sir ROBERT PEEL, he due course of -time;
passed with a triumphant majority through the
House of Commons. The approved Bills are sub-
sequently carried to the bar of the Lords, and
submitted to the decision of the aristocracy ; curiosity
is redoubled ; there is a manifest accession of impatience in
all quarters of the community; rumours get abroad; and, in
the opinion of many, the affair takes a novel and somewhat
questionable aspect. As a matter of necessity, this com-
motion in the mind cf the population evinces itself in an
overt manner; the excitement gradually resolves itself into an
appreciable form, and those who are really desirous fir the ac-
ceptance of a f. ce-trade policy speak out calmly, but very
plainly, notwithstanding. The inferences to be drawn
from that kind of demonstration cannot be misconstrued : it
is the involuntary welling forth of the popular emotions.
And such a demonstration was the meeting of the Chamber
of Commerce, held yesterday at Manchester. Influential
in the mercantile character of its members, and influen-
tial also in the number of persons collected together upon
the occasion, it is impossible not to view the assembly with
some interest, and equally impossible to treat the sentiments
expressed by the speakers with reference to the position of
the commercial measures now awaiting the sanction of the
Peers. Nevertheless, we cannot induce ourselves to regard
the ultimate decision of their Lordships as of such a dubious
character as was occasionally insinuated during the pro-
ceedings sf this meeting. Undoubtedly the juncture is of
such peculiar difficulty as to render it very advisable to be
prepared, if possible, for any emergency. The debilitated
condition of trade renders some such movement as the above
almost the bounden duty of mercantile men, and that such is
actually the condition of trade no one can for a moment dis-
pute, after the observations uttered by the President of the
Manchester Chamber of Commerce. If we•may place im-
plicit reliance upon his authority, the operatives are in many
instances being paid not out of the profits of their employers,
not out of the proceeds of any ordinary contract, " but clearly out
of the capital," and that capital, as a matter of course, de-
creasing quickly. On the same assurances, it appears that
various print-houses "of the first importance and respect-
ability," have deemed it advisable, from the paucity of
customers, "to suspend their operations altogether." Again,
the President informs us that " some most respect
able and extensive shippers are standing almost
totally still," and in another portion of his very
practical address, that " the hand-loom weavers
unemployed to a very great extent." From all these
areer circumstances,
um
stances, frem the general stagnation in the markets,
and the consequent increase of artizans without employment,
he augurs the most lamentable consequences, unless by
the approval of the Ministerial measure!, the Peers
render the proposed policy the law of the
land, open the ports for the importation of provisions
and the exportation of manufactures, enable the bonded
corn to be made accessible to the people, and revive that
mercantile activity which forms the very life-blood of Great
Britain. Unless this step be taken by the Upper House,
with the view of supplying the wants of those people,
I see nothing almost," he continues, " but annihila-
tion fur them." Influenced by these feelings as to
the imminence of the juncture, a petition sues proposed,
secondsd, and adopted by this great assembly at Manchester,
praying of the Lords to take the measure into their instant
and conscientious consideration, and to follow the example
already given by their Parliamentary colleagues in the
Commons by passing the Bills unaltered—convinced that on
the incorporation of the principles contained in the Bills in
the statute-bock rests the actual existence of many thousands
of their con temporaries, as well as the happiness and prosperity
of the British Isles generally, and the world at large. The
gloom of the picture of commercial lassitude visible in our
manufacturing and sea-port towns was only enhanced by
the evidence of subsequent speakers; and everything the
petition included tended to show the necessity that exists
for a speedy settlement of the longepending question. The
Iwarning has been given, the prayer has been breathed; let
the Lords, as wise men, and as humane legislators, accede!

Madrid papers of the 14th have arrived.
The system of Post-office espionage appears to be in full
forn in that city. The Clamor Publico states that its letters
from Paris had arrived with the seals broken.
M. MON had recovered sufficiently from his recent illness
to enable him to attend to public business.
General MArturo, of Bergara celebrity, bad arrived at
Cadiz, from whence lie was to embark for Chili.

MADRID BmsA, MAY 14.—The Three per Cents. were not
quoted. The shares of the I3ank of San Fernando sold at 370,
and those of Isabel at 200.

We have received the Paris papers of Wednesday.
The Greek Loan 13111 passed the Chamber of Peers by a
majority of 125 to 4, after a speech front M. GUIZOT, in
which he admitted the disagreement between the English
and French Cabinets on this subject, reiterated his expres-
sions of confidence in the integrity of the Greek Minister
CoLErri, and repeated his opinion that the English Govern-
ment was not in possession of accurate information on the
subject.

In the Chamber of Deputies, the discussion on the Budget
was continued, and M. GAEMIEB. PAGES contrasted the Budget
of Expenses of the Restoration with the present one. To
this, the reply of M.LACAVE LA PLAGNE, the Finance Minister,
was unanswerable. The Restoration had not Algeria
to maintain, neither had they undertaken the great public
works which had been undertaken by the Ministry of
July, and which, from the improvements to which they had
given rise in the internal communications of the country,

had proved the most beneficial speculation the country could
have engaged in. The discussion bad not concluded when
the post left.

In allusion to the fears which were entertained that the
Peers might postpone certain of the Railway Bills to next
session, tneDe.bats says :

" The Ipprehensions which were indulged in on this oc-
casion have not been realized, the Bills have been voted, and
all the railways except that of Avignon have been adjudi-
cated. The public credit has not experienced the slightest
depreciation, and the commercial and financial movement
has precisely. since the moment these great measures of
public utility were voted, received the greatest development
that in France had, up to this day, ever been attained. The
adjournment of the Railway Bills which remain to be conceded
or voted would not, moreover, produce. in a financial
.point
of view, the result anticipated. The Lyons anti Avignon
Railroad, which is to be adjudged in the beginning of June,
has given rise to 18 companies ; after the adjudication of
this line there will be paid back more than 50,000,000 f. to
the subscribersof the companies not accepted, or included in
the fusion. The Chamber of Peers will no more rest behind
in the g.'neral movement this session than in the preceding
one ; it would not desire to adjourn measures to which so
many interests are attached, and which definitively form the
essential laws that the Chamber of Deputies has to vote in
the course of the present session."
The Prince DE JoiNvILLE inspected the iron works of Mr.
BENNETT, at La Ciotato, on the 15th, and seemed much in-
terested in the progress of the construction of the iron steam-
ship Pl.ilippe Auguste. His Royal Highness also inspected
the floating breakwater.
Algiers papers of the 15th state that Marshal BuGEAUD
was still pursuing his march hi the Ouransenis.

The Akbar states that Count PAJot, aide-de-camp to the
KING, had arrived at Algiers. It is reported that Marshal
BUGKAUD is to return immediately and to be succeeded by the
Duke VA UMALE. All traces of Ann- EL •KADER are lost.
The Three per Cents. closed on the Paris Bourse on Wednesday,
at 84f. 15c. ; the Five per Cents., at 120 f. sc. ; the Orleans Rail-
road shares, 1,247 f. 50c. ; Rouen, 1,032 f. 50c.; Great Northern,
757 f. 50c. ; Avignon, 906 f. 25c; Vierzon, 650 f. ; Bordeaux, 6221. 50e. ;
Boulogne, 500 f. ; Troyes and Montereau, 390 f. ; Fampoux, 4251. ;
Dieppe 430 f. ; Paris and Strasburg, 508 f. 75c. • Tours and Nantes,
527 f. 50c. ; Paris and Lyons, 547 f. 50c. ; Spanish Three per Cents.,
38 ; Spanish Domestic Debt, 31U .

The following are the quotations in the new lines :
Lyons and Avignon, Definitivei, 5201.; Bordeaux and Cette,
Delinitives, 5101.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, MAY 21. .

Boulogne and Amiens, 11 —Bordeaux and"Medlterranean, 1%
Central of Spain, 114—Dutch Rhenish, 7%—East Indian, % —Great
Western Bengal, %—Jamaica South Midland Junction, 114
Northern of France Constituted, 14%—Orleans and Bordeaux, 10%
—Over Yssel, 3 dis.—Paris and Lyons Constituted, 6%—Tours and
Nantes Constituted, s%—West Flanders, 2%.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE:

The Cotton Market at Liverpool yesterday was quiet,
owing to the unfavourable report from the Manchester mar-
ket. 4,000 to 5,000 bales, chiefly American, at 4%d. to 514 d.
per lb. Shares were heavy.
Shares are in fair demand at the auctions, and buyers are
found for almost every description of Railway. stock. At
the public sale by Messrs. Wickham, and Co., at the Hall of
Commerce, a vast amount of business was done, and the
prices (of which we quote a few) were well maintained
throughout. Ambergate, Nottingham, and Boston, 325. 6d.
—East Indian, 16s.—Buckinghamshire, 44s.—London and
Blackwall Extension, 20s.—Derby, Uttoxeter, and Stafford,
32s.—London and York, 52s.—Boston, Newark, and Shef-
field, 15s. 6d.—Eastern Counties, York Extension, 255. 6d.

The advices from New York by the Great Western notice
an easier state of things in the money market, and appa-
rently a more tranquil feeling in reference to political mattes.
The commerce between this country. and the United States
has however already suffered materially this year, and what
is lost can scarcely be regarded.
The value of merchandise exported from New York, for
the month of April, 1846, was as annexed
Commerce of the Port of New York.—Value of
Exports, April, 1846. Dollars.

Domestic ineichUndiso ..
Foreign merchandise, free 114,927
Foreign merchandise, dutiable 195,518

• 2,309,181
Specie exported....

Total Export Z828,780
It will be perceived that the value of merchandise exported
was very limited, and that the shipments of specie have
reached a very fair amount.
The position of the English Stock Market has certainly
not improved within the last day or two, and by their indis-
position to do business, as well as by their inclination to
Bear, the dealers are assisting a decline. Consols have been
9614 to 96% for present Transfer, and 9614 for Account.
The premium on Exchequer-bills has been down to 18s. and
135., and, if money becomes much scarcer, no doubt the
speculators will force it still lower. The New Three-and-a-
Quarter per Cents. have been 97 to 97%, and the Three per
Cents. 95 to 9514. Bank Stock keeps very firm at 206.
The Foreign Bonds have been very steady, but there is no
speculation going on. Portuguese Four per Cents. have
realised 5714 ; Mexican Five per Cents. 3214 ; and the De-
ferred, 16%. These are improved rates, because
the leading bondholders are endeavouring to frame
a plan in concert with the Mexican Minister and
agents for a more equitable compromise of the debt and ar-
rears of interest, and which it is hoped may lead to a suc-
cessful issue-771 per cent. in a new stock being offered, it
is said, for the Active, and 65 for the Deferred, by the Mexi-
can Ambassador. There have been no bargains in Spanish.
Dutch Two-and-a-Half per Cents. are 59%.
For Shares the demand has been limited again, and prices
aresgenerijly flat:

BRITISH FUNDS. ' ONE CLOSING
O'CLOCK. PRICES.
Rank Stock .. 206 206
Three per Cent. Reduced Annuities %% 95 95% 95%
Three per Cent. Consols Annuities .. 96% % 96%
New Three-and-a-Quarter per Cent. Anns. 97% 97 97%
Long Annuities, Expire Jan. 5,1860 .. 10 3-16
South Sea Stock ..

Ditto Old Annuities .. .. .. 93% 93%
Consols for Account .• • • .. .. .. 9614 96%
Exchequer Bills. I 3,4 d. Iji I.
Load. .. .. .. .. 15 13 18 pm. 18
5001. .. .. •• • • 18 —— pm. 15
Ditto. Small .... 18 —— pm. - .18 .
Ditto, Advertised •• 71510 pm. 15
ONE CLOSING
FOREIGN FUNDS. O'CLOCK. PRICES.
Austrian Bonds, 5 per Cent .. .. 109% 1091%
Brazilian Bonds, 5 per Cent .. .. —.—
Ditto, Small .. • • .. • • • • 8414
Danish, 3 per Cent - - • • • • • • 87% 14 874
Equador Bonds .. .. .. .. .. —3%
Mexican Bonds, 1837, 5 per Cent ..
Ditto, for, the Account .. .. .. 3214 . 31%
Ditto, Deferred .. .. .. .. 16% 16%
Portuguese Four per Cent .. .. 57 ~, 5714
Russian Bonds .. .. .. .. .. 110,4 189% 109%
Dividends on the above payable in London.
Belgian Four-and-a-Half per Cent .. 961% 961 A
Dutch Two-and-a-Half per Cent .. 59% 59%
Ditto. 4 per Cent. Certificates .. 91%% 91%
PRICES OF BUSINESSCLOSING
DONE AT
RAILWAY SHARES. PAID. PRICES.
ONE O'CLOCK.
Aberdeen .. .. .. • • • • • • 10 .... • • ........ 4%
Amber., Notting., Bosto and
Eastern Junction ... .. .. 2%.... ...... „.. 1%
Birmingham and Gloucester.. ..100 .. .. .. .... .... 124
Birmingham and Oxford-Junction 2 .... 234 .......... 2%
Bristol and Exeter .. .. .. 75 .... ... ..... . 83

Bristol and Gloucester .. 30 .... 50% 50%
Buckinghamshire .. 425. .... % dis. par •• •• par
Caledonian .. 10 .... 11.10% •..... 10%

Ditto, Half Shares .. .. .. 2% ...• 1%14 -•
• • • • • • • 13/4
Ditto, Extension .. .. .. 2% .... 1% .• • • ...• • • 1%
Cambridge and Oxford.. .. .. I% • . li
Chesterand Holyhead .. .. .. 22% • • 21%
Cornwall .. .. ~. • • .. .. 5 .... 2 ...... •• • • 2
Derby ktid Crewe .. .. .. .. 2% .... 5%% •••• • • • • 5%
Derby, tittoxeter, and Stafford .. 2%.... 1% .. .• ••• • • • 1%
Direct Manchester (Remington's) 2%.... %
Direct Manchester (Rastrick's) .: 5%...: r.% .. .... •• •
Direct Northern .. .. .. .. 2%.... 1% ••.••• • • • • 1%
Dublin and Belfast Junction ... 10 .... .... • •
Dublin and Galway .. .. .. 4 .... 3% 3.••• • • • • 316
Eastern Counties .. .. .. 141. 165..... 23% 22%
Ditto New .. .. .. .. 81. 165..... 7 p.. ••-• • • • 6% P
Do. I'erpet., 5 per Cent. No. 1. 61. 13s. 4d. 74 p.. •• • •
Ditto, York Extension .. .. 10s. .. . • I % A•• • • 114
Eastern Union .. .. .. .. 25_ .... ••••• • . • • • —:

Do. Ipswich & Bury St.Eamunds 6% 5
Edinburgh and Glasgow .. .. 50 .... 75 .. • • •... 75
Ditto y 6, Shares .. .. 10 .... 17 ••••• • • • • • 17
Ely and Huntingdon ....
Aberyst., & Cent. of Wales 1%
Goole, Doncast., and ,heffield,&c. 425..... di5...., • • 14 4ts.
Grand Union (Nottingh. & Lynn) 1%
Great Southern & West. (Ireland) 20 .... 23 ..... 23%
Great Western .. 85 ....140 . ...... 140

Ditto, Quarter Shares .. 5 16 •• • • •• .. 16
Guildford, Fareham, &Portsmoth 5 .... 4%.......... 4
Harwich & Eastern Count. Juliet. 2 ••—•••• • • • • „ . 1 ys,
Bull and Selby .. • • • • 50 •• • •

Ditto, Half stares 15 ..... 34%
Lancaster anti Carlisle .. .. 40 .... .........
Ditto, New .. 9%...... a,.

--••.•
Leicester and 8edt0rd.......... 225. ...• % p ..
Leicester, Tamworth, &e. ...... 425. •• •• %%% dls. di
Liverp., Manch., & Newc. 'Juliet. 2% 2
London an liinuinginun . •.100 .. • . 22614 •• • • 225
Ditto Thirds .. • . • . 24 .... 62y4...... G2y4
Ditto Quarters .. 2 .... 23% 28
Ditto Fifths •• .• 2
~• • . •
Loudon and glack wall .. 161. 13s. 4d. 7% 7
London and Briglttoi, •. .. 50 .... 64 ...... • •
Ditto ditto Fifths .. 30 .... 40% 40%
London and South-Western.. 411. Gs. 10d. 78 79 •• • • .„. 78
'Ditto; New Consol. Eighths .. 34 ....
Ditto, New . 17%.... 28%
Ditto, New .. .. 14 .... 23 .. 23
London and York .. .. • • • • 2.?4 •• •• "%% "•• • • 2!6

....

LLOYD'S SHIPPING.-(THIS DAY.)

LONDON, MAY 22.—Wind this day at noon, S., light air, and line
Clear weather.

-DEAL, MAY 24,—Wind:E.S.E.—Arrd. the Vectis, Baker, Zanzibar ;
Calypso, Eltringliam, Jamaica ; Black River packet, ditto. Arrd. from
the river an 4 sld. for. Java, Parker, Sydney and Cape ofGood Hope
and Zonlie, Savery, ditto.
SWANAGE, MAT 21.—The Auriga, Wronkmore, from Hobart Town,
arrived off Swauage, passed on the 6th instant, in lat. 34 lon. 47, a
vessel of about 300 tons, coppered, keel up.
TEIGNMOUTH, MAT 21.—The Dart, Perryman. from Neath, which
grounded outside the harbour on the,l7th instant, got oft to-day with-
out damage, after discharging part of her cargo.
FALMOUTH, MAY 21. —The Janet, Henderson, from Glasgow to
Marseilles, put in here this day leaky, with cargo shifted, having been
struck by a heavy sea 18th inst. in let. 47, lon. IL
DUMFAIES, MAT 20.—The Sisters, Ill'Allister, from Glasgow to the
Port of Annan, got on shore on a weir in that river 19th inst., and
failed; she is discharging into a flat, and is expected to be got off
when lightened; with little damage.
DINGLE, MAY 19.—The Amnon, Edwards, from Port Madock to
Sligo, has been put on shore at Smerwick, in a leaky state.
SHEERNESS, MAY 20.—The Margaret and Rachel, Thomas, from
Liverpool to London, got on the Nore Sand this morning, ar.d still
remains.

_
BRIDPORT, MAT 20.—ThelArdjcena, Eeltjes, 'which came ashore
in the bay on the 18th inst., is now a total wreck.
MUMBLES, MAY 19. The John and William, Owen, arrived here
from Sw&-isea for Llanelly, was struck by a heavy sea 14 miles south
of I'orteynon Point, which carried away jilaboom and tbretopma.st ;
mate drowned.

LLANsta.v, ➢IAY 20.—The John and Mary, Channon, got on
shore this morning near Pembrey, during a heavy gale ; materials
saved.

lutwicu, MAY 21.--The Alert, Eskdale, of Whitby. which was
on shore on the Jonq Sand Head yesterday, has been towed into this
harbour to-day.

MARKET NEWS.-(THIS DAY.)

CORN-EXCHANGE-FRIDAY.

The present week's arrivals of Wheat of home produce have been
on a very limited scale; nevertheless, the show of sa.r,ples of that
article was fully adequate to meet the wants of the dealers, all kinds
being a very slow sale, at barely Monday's reduced fi;ures. In
Foreign Wheat, bcth free and in bond, next to nothing was doing,
and previous rates were with difficulty snpported. Certificates were
held at 10s. per quarter. There was very little doing in Barley, yet
prices were mostly maintained. Malt ready for delivery went off
at previous rates, but other parcels were a slow inquiry. The Oat
trade was dull, and prices had a downward tendency. Beans, Peas,
and Flour heavy, but not cheaper. Upwards of 10.000 barrels of the
latter have arrived from the United States this week.
ARRIVALS.
Barley.
560 qrs.

English ...• .•

Wheat.
1,720 qrs.

Irish •• •• •• .• -
Foreign ...... 15,320

Matt, 2,730 gra:
SMITHFIELD.

Oats Flour.
80 qrs. I 1,750 sks
4,290 -
2,770 I

The supply of Beasts here was but limited, and, comparatively
speaking, of middling quality ; still, however, the Beef trade was in
a very sluggish state, at barely Monday's quotations. There was on
sale 76 Oxen and Cows, together with 50 Sheep, from Holland,
38 Beasts from Prussia, and 100 Scots from Aberdeen. The numbers
of Sheep were not large, yet the inquiry for them was inactive, at.
late rates. From the Isle of Wight 350 Lambs were received per
railway; while, from other parts, the arrivals were extensive. The
Lamb trade ruled dull, yet prices were mostly supported. In Calves,
the supply of which was good, next to nothing was doing, and the
quotations had, in some instances, a downward tendency. The Pork
trade was very heavy, at about previous currencies. Mulch Cows
were selling at from 151. 0.181. 103. each, Including their small Calf.

Per Sibs. to sirk the offal.

s. d. s.
Inferior Beasts • • 2 6 2
Second quality ditto. 2 10 3
Prime large Omen.. 3 6 3
Prime Scots • . • . . 3 10 4
Large coarse Calves 3 10 4
Prime small ditto .. 4 8 5
Suckling Calves ..18 0 30
Inferior Sheep .. • 3 0 3

s. d to s. d
Second quality ditto 3 6 3 8
Coarse-woolled ditto 310 4 0
Southdown Wethsrs 4 2 4 4
Ditto out of the wool
Large Hogs ...... 3 8 4 6
Small Porkers 4 8 5 0
Quarter old Pigs ..16 0 19 0
Lambs ..... 5 0 6 0

I
PIEs.
290

SUPPLY AT MARKET.
Beasts. I Sheep. Calves.
I 666 7,700 270
NEWGATE 21,.ND LEADENHEI.X.X.
We had a very dull trade, and prices were barely supported.
At per stone, by the Carcase.
.s. d. to's. d. s. d. to s. d
Beef, inferior.• •• •. 2 4 2 6 Mutton, inferior .. 3 4 3 8
- middling •• •• 2 6 2 8 middling .. 3 8 310
- prime large .. 210 3 2 prime .• .. 310 4 0
- prime small •• 3 4 3 6 Pork, 1arge........ 3 4 4 4
Veal•• •••••••• • • • • 3 10 410 , - 5ma11........ 4 6 5 0
Lamb. 5s Od to 6s Od.
BOROUGH HOP MATZIEET.

The accounts from the plantations not being considered very satis-
factory, arising from an Increase in fly, the demand here Is tolerably
firm, and previous rates are well supported, The show of Hops is
very small. Mid and East Kent pockets, 51 12s to 9/; Weald of
Kent pockets, Si 5s to 61 10s ; Susesx pockets, 515 s to 6165.

HOUSE OF LORDS.-(THIS DAY.)

The House sat to-day to hear Scotch appeals. The
Peers present were Lord Brougham, Lord Cottenham, and
Lord Campbell.

SCOTT V. LETnEm.

The arguments in this part-heard appeal were resumed
and concluded to-day, and
Their LORDSHIPS gave judgment, affirming the decision of
the Court below.

WISHART V. WILSON.
The arguments in this appeal from the judge of the Court 01
Session occupied their Lordships the remainder of the day.

CHANCERY.-(THIS DAY.)

This being the first day of Trinity Term, the Lord Chan-
cellor sat in his Court at Westminster, at eleven o'clock. his
Lordship heard appeal motions.

000DBODY V. SUTER.

The arguments in this part-heard appeal motion were
concluded to• day, and
The LORD CHANCELLOR reserved his judgment.

ROLLS COURT.-(THIS DAY.)
The Master of the Rolls sat at Westminster, to-day, it
being the first day of Trinity Term. His Lordship took
motions.

KINDER V. LORD ASHBURTON.
This case came before his Lordship upon motion for leave
to enlarge publication to the end of the present term, the
Master having declined to make the order upon an applica-
tion for that purpose being made to him. The case is totally
devoid of interest except to the parties concerned.
His Lordship, in the course of the motion, inquired whe-
ther the affidavit upon which the application was made had
been filed, and upon its being stated that it was not,
as it came out of the Master's office, he observid
that he would receive no affidavit unless it

was filed. It was intolerable that the Court
should be continually put to inconvenience in consequence of
its being the interest of the Masters' clerks to keep the affi-
davits in their offices. He had had frequent occasion to
complain of the delay caused by such proceedngs, and if he
met with it again he would make an order which he
rather thought the clerks of the Masters would not
find it to their interest to disobey. He would
mentioned also for the consideration of the Masters' clerks,
and perhaps for their own interest they would take care that
it did not occur again in future, that by the orders of the
Court no report of the Masters ought tobe made except upon
affidavits that were filed.

VICE-CHANCERY.-(THIS DAY.)
(Before the VicE•CHANCELLOIt of ENGLAND.)
His Horioua heard motions to -day, but in consequence of
the absence of Mr. Stuart, who was engaged in the House
of Lords, the Court rose at an early hour. His Honour
stated, at the sitting of the Court, that he would to-morrow
take cause petitions, on Monday he would hear the argu-
ments in the Tiverton School case, and after that had been
disposed of, he would renew the hearing of cause petitions.
(Before the Vice-Chancellor KNIGHT BRUCE.)
His Honour heard motions to-day, but no case of interest
came before him.
(Before the Vice-Chancellor WIGRAM.)
His Honour, after disposing of the case of Jones v. Rose,
heard motions.

EXCHEQUEtt.—(THIS DAY.)
(Sittings in Banco.)
Their Lordships entered the Court in full-bottomed wigs;
the Queen's Counsel also wore wigs of a similar description.
After their Lordships had gone through the bar the
peremptory paper was called on.
Mr. MARTIN begged to be allowed to mention the case of
Stockdale and Benn, and Benn and Stockdale, the Learned
Counsel having on his ordinary wig at the time.
The LORD CIIIEF BARON-4' Mr. Martin, I question whether
you are visible to-day."
Mr. MARTIN said that he was about to state to their Lord-
ships that he found it a considerable inconvenience to wear
the heavy full-bottomed wig.
The LORD CHIEF BARON—" I fear, Mr. Martin, that you
must app. ar in costume."
Mr. MARTIN—I really cannot wear these wigs, my Lord.
I am sensible of the ill effects of it for a week after.
Mr. Baron ALDERSON—YOU should bear the inconveni-
ence, on account of the increased dignity, Mr. Martin.—(A
laugh.) It may appear to you a custom more honoured in
the breach than in the observance.

Mr. MARTIN—It really does, my Lord.
Mr. Baron ALDERSO4—Iint you cannot appear without
having ordered your marriage garment.—(A laugh.)
Mr. CHAMBERS said that they had been misled by the
Judges in the Queen's Bench having come into Court in the
ordinary small wig.
Mr. Martin here bowed, and retired.

BANKRUPTCY.-(THIS DAY.)
(Before Mr. Commissioner SHEPHERD.)
IN RE LEMAN AND BRYAN.

An application was made in this case for the Learned
Commissioner to stay the dividend declared. The bankrupts
had carried on business as merchants in the City They had
failed to the amount of about 8,0001., 6,000/. of which was
on spurious bills accepted by Bryan in the name of the firm.
The assignees had taken the opinion of counsel, and it was
to the effect that bond fide holders of the bills were entitled
to prove, and that nothing could legally prevent their receiv-
ing the dividends, but suggested taat the Commissioner
should be applied to for his advice and opinion. The as,ig-
nees now wished for the dividends on those bills to be re-
tained until a decision could be obtained on a bill filed in
Chancery against the drawers of the bill, for if the money
could be obtained from them, the dividend to the bond fide
creditors would be nearly twenty shillings in tie pound in-
stead of three or four.
Mr. Goodey, of Colchester, contended that the bond fide
holders ought not to be thrown upon the risk of obtaining
the money from the drawer.
After a long discussion,
The Learned COMMISSIONER said that he had no power to
stay the dividend, and in this opinion he was confirmed by
two other Commissioners. There did not aypear to be any
reasonable ground to refuse it to the bond fide holders.
on
thehe solicitorsafe
side to;
theythe a s
couldsi r n
n eeost
petition I they
the
on the subject, as they represented both classes of creditors,
said
° Courtl wis
al d
Review
to be
with adverse interests.—The matter then dropped.

PALACE COURT.—(THIS DAY,)
ecesq.Were fifteen cases
G Silo WORKMAKIN disposed of in forty minutes,
set down for hearing,
less than three minutes for each case. There
being a fraction (Before W.
In one case one of the officers of the court, d
name
were also upwards of fifty sammonses under the Small Debts
Act.
Herring, was the only witness, and his evidence was this .
« I called two or three times on defendant and asked him for
5L 7s. 6d., but he has not paid it." On his evidence a ver-
c.lll3Oi were Bi
rR:7I%
ver-
dict was given for the plaintiff.
ORGEAIt V. BARTON.
This was an action brought to recover the sum of
11/.155. Gd. for rent.
It appeared from the evidence that the action was for eight
months' rent of a house. The defendant had taken posses-
sion on the 18th of August last.
Mr. LOCKE said that 1/. 10s. must be taken off for a debt
due to the defendant, who had commenced proceedings for
it. Plaintiff must pay the costs of them up to this time, and
would take a verdict for the difference.
Verdict for plaintiff,
In a case set down, which was said to be an o'xiinary case,
the defendant had removed it by habeas into the court above,
at the expense of 201.

SECONDARIES'.—(THIS DAY.)
(Before Mr. Secondary JAmEa.)
• ARM-WIELD v. ROGERS.
This was an action brought to recover the sum of
91. 10s. Id., the balance of an account for goods sold and tle-
livered 114 x defendant pleaded that the wax not indebted.

The facts were rather of a peculiar nature. It was alleged
by the evidence that in 1844 the plaintiff, who is a wholesale
dealer, had dealings with the defendant. Part of the goods
supplied were ordered by a female named Lyons, and it was
now contended that the present claim ought to have been
against her.
Mrs. Lyons was called, and proved that she was a married
woman, but that she was obligeC, to .separate from her bus •
band, and being anxious to open a shop, got permission of
the defendant to use her name over the door, and took out
the licenses for tea, tobacco, &c., in defendant's name, and
dealt with the plaintiff ; that the plaintiff was fully aware
of the object of her going under the name of the defendant,
in order to protect the property against her (witness's) hus-
band, and that through fear of him she had been obliged to
remove the goods to another place.
Some doubtful evidence was tendered to show that plaintiff
had said he should hold defendant liable, but other evidence
was adduced to the contrary. The bills had been made out
" Mrs. Rogers Dr. by Mrs.tyon3."
The Learned SECONDARY said, that the jury must dismiss
from their minds all question as to whether the plaintiff
had chosen to proceed against defendant, knowing that Mrs.
Lyons was a married woman ; the question was to whom
had the credit been given, for it was quite consistent that it
had been given to Mrs. Lyons, both the plaintiff and de-
fendant out of kindness allowing the business to be osten-
sibly carried on by the defendant, though in fact it was for
Mrs. Lyons, who certainly considered herself or her husband
to be liable, and had treated the goods as her own.
The SECONDARY gave a verdict for the defendant.

i!L AY CONIMITIEFN.

(THIS DAY.)