The Sun.
London, England, 1841-09-01 00:00:00

LONDON, WEDNESDAY, SEPTEMBER 1, 1811.

ROYAL POLYTECHNIC INSTITU-
wa) TION, REGENT-STREET.

NEW LECTURES on the DAGUERREOTYPE and
PHOTOGRAPHIC PORTRAITS, with Illustrations, and
a full Explanation of the Chemical Process adopted. On
BAIN'S ELECTRO-MAGNETIC PRINTING TELE-
GRAPH. On IIARWISE and BAIN'S PATENTED
ELECTRICAL CLOCKS in action. Also other interesting
Lectures and Experiments. CARY'S ORRERY, and the
NEW DISSOLVING VIEWS. Nearly Twe Thousand
Works which display eminent Art, Science, and Ingenuity.
Microscope, Diver and Diving Bell. CANTON, and other
beautiful COSMOR AMIC VIEWS, are added to the Evening
Exhibition.---Admission., One Shilling.
Opens at Half-past Ten o'clock in the Morning, and Seven
o'clock in the Evening..

ING'S COLLEGE. LONDON.
ar DEPARTMENT of ENGINEERING, ARCHI-
TECTURE, ARA S. and MANUFACTURES. Tho
COURPE of ARCHITECTURE in this Department *lll
Op4l‘l O::DAY, the 9th of October. Any further in-
re obtained uon plicatim at the Secretary's
;g . ONSDALE, Principal.

f„,.1 RAVE.I.4D ANO BLACK WALL
A STEAMI7,3.A.T4:%—,,The Public are respetfully in-
formed, thst-in consequence of an arrangement entered into
between the Directors of the Illackwall Railway and the
" STAR" GRAVESEND STEAM PACKET COM-
PANY, one of the Iron Boats will, on and after THURSDAY,
the 2d September, leave the Brunswick Pier, Blackwall, for
Gravesend, at 'a Quarter before Nine in the Morning, and that
the VESPER. wilt leave the same Pier for Gravesend at a
Quarter past Nine in the Morning. The other Iron Boats will
leave at the same hours as heretofore ; and all the Star Beats
will call at Bhoikwall on their way up to London
60, Fenchurch-street, Aug. 31, 1641,

NOTICE TO COMMERCIAL TRAVELLERS.
TINFIELD, late SHEW.RING'S,': CQN-..
HOUSE, 2, REDCLIFF-STRgET,
BRI6T9L. The situation is., central anti conveniect. whir'
every cotaiit'antl accommodation. Excellent show-rcoms.
Omnibuses every hour to the Railway Station. Good
stabling close at hand.

PROTECTION OF, LIFE AND PROPERTY.
HE daily occurrence of FIRE, whether front
accident, carelessness, or the vile practice of incen-
diarism, the effect is the same, and although often commencing
with a spark that might be easily extingui,hed if a pail of wa-
ter were at hand; yet, for want of such precaution, both life
and property often fall a sacrifice to the devouring element.
Asa protection against such awful calamities, J. READ has
invented a small FIRE ENGINE that may be worked by two
men, but with greater advantage by four, discharging water
in a constant str?am (at the rate of 20 gallons per minute) to
a distance of sixty feet. It is so portable it will pass through
any.doorway three feet wide ; may be kept in a house, or any
budding where there is 'linger of fire, and, with a length of
hose, would compass any mansion in the country.
May be seen and proved at the Patentee's, 35, Regeril-cir.
cu., PiccadillY. ANVorking Model may be seen at the Poly-
technic Institution, Regent-stieet.

. .
IRELAND.
THE REPEAL A.:,SOCIATION.
DUBLIN, AUG. 30.-IThe usual weekly meeting was
held to-day. Dr. Murphy presided. letter was read
from New York,. enclosing 25/. ; one from Massachu-
setts With 401. ; from the parish of Killaloe, 171. ; from
YOughal, all. ; Ne%Vry, 181. ; and various smaller sums.
The Secretary read the following letter from Mr.
O'COnnell. Mr. John O'Connell, M.P., addressed the
meeting at considerable length, amid the warmest ex-
pressions of enthusiasm.

" London, August 28, 1841.
My clear Ray—Hurrah fortho repeal ! It is bravely
afloat. We are free from the Whig shoals, and the
breakers ahead' of place hunters. The Tories are busy
dividing the spoils of their victory, but believe me that
they will not enjoy them long. In the meantime let us
avail ourselves of the happy opportunity for augmenting
the number of Repealers. It is idle indeed to deny that
the man who now hesitates to join the ranks of the Re-
pealers, can have but little sense and less patriotism.
reel, of course, will give us a dose of plausible hypocrisy,
as he did last night ; but, Irish shrewdness is not to be
cheated by his "paltry plausibilities. I had him to my
heart's content in dsmgmg passion last night.
" I cannot fora few•days be allowed by the rules of
the llouirto make my election. for Cork so as to allow
the new writ for Meath to issue, which it cannot do until
the Bth of. September. I arrange to have it issued at the
earliest possible moment.

" I cannot be in Dublin until Thursday morningnext.
I do hope the deputies and candidates in the wards are
all alive. Taxes, taxes, taxes, should-be.the-cry. lam
assured fifteen revising barristers—one for each ward—
are appointed, Is this so ?

" Is it not clear to demonstration that Ireland can have
no hope but in her own exertions ? But is she not hope
enough for herself ? .

" Hurrah for repeal.
" Your's very truly,
" DANIEL O'CONNELL.

" To M. Ray, Esq."
The Rev. Edward Groves and Mr. Stute spoke.
The week's rent will be reported at nearly 300/.
LORD MORPETH AND THE REFORMERS OF

LIMERICK. --
From the following letter it will be seen that the No •
ble Lord declines the honour intended him by the citi-
zens of Limerick :

" London, Aug. 25, 1841.
" Gentlemen—l beg to acknowledge, with the deepest
sentiments of respect and gratitude, the expression of
opinion embodied in the address from the public meeting
of the citizens of Limerick.

" That the services which it has been allotted to me to
render during the period of my connection with the
Government of Ireland, and still more, that the inten-
tions by which they werl suggested and guided, should
have been thus indulgently recognized, is now felt by me
as a most abounding reward, and will prove to me,
through every change and chance of my future life, a
source of genuine and abiding satisfaction.
" It cannot fail to be even additionally gratifying to
me that such a mark of consideration should have pro-
ceeded from a community which, although of great and
growing importance, is yet far removed from the usual
scenes of my official labours ; and I cannot refrain from
remembering with pleasure that the latest act connected
with the duties of my department in Parliament was to
introduce a measure which I hope is yet destined to af-
ford to Limerick a more close and speedy connection
with the other portions of the .empire.--I have the ho-
nour to be, gentlemen, your most obedient and devoted
servant, " MORPETH."
NATIONAL BANQUET TO LORD MOR.PETIL
This splendid festival, meant to testify Ireland's affec-
tion and gratitude to one of the noblest of her defenders,
promises to be the most delightful re-union ever wit-
nessed in this kingdom. Preparations on the most mag-
nificent scale are being made.
We understand that the Committee will be able to issue
tickets on to-morrow. Ladies will be admitted to the
theatre to witness this superb sight. Letters expressing
the warmest concurrence in the proceedings have been
received from Lords Listowel, Rossmore, Cremorne,
Stuart, and Ebrington.
The Committee have also received communications
from the most illustrious of the nobility and gentry in
the empire, signifying their intention to be present on the
occasion. Amongst these are the Lords Clanricarde,
Lurgan, Oranmore,T.albot de Malahide, &c., &c. Letters of
acceptance have also been sent by Sir R. W. Carew, Sir
John Kennedy, Sir Percy Nugent, Sir D. Jephson Nor-
reys, Mr. More O'Ferrall, Mr. A. F. St. George, the
Hon. W. Villiers Stuart, Mr. Ross, of Rosstrevor, and a
host of others not less distinguished. Moore, the poet,
will be also present.—Morning I?egister.

COAL-PIT EXPLOSION.—An explosion of
fire-damp occurred in the Braehead coal-pit, near
Whitletts, on Friday night, or early on Saturday morn-
incl, by which eleven persons were more or less severely
injured. The party, who were employed in cleaning
what are called the roads, had sat down together to
partake of some refreshment--according to the custom,
about twelve o'clock—in a quarter of the pit considered
free of foul air. While thus engaged, a quantity of gas,
which had taken an unexpected turn, came in contact
with their lights, and exploded from roof to pavement,
burning and throwing ten of the party to a considerable
distance. One of the men, Edward M'Neil, from whose
statement the above facts are given, is severely injured.
His right side is literally scorched, and his face and arms
nearly peeled. John Morrison and William Clark are
also very much burned. Their situation was rendered
Still more deplorable by the inattention of the engine
man, who was probably asleep at the time. More than
an hour elapsed after the accident before the steam was
sufficiently raised to take them up, during which pro-
tracted period the sufferers, enduring the most excru-
ciating agony, made every signal in their power to
apprise him of their. situation.—Edingburgh Courant.
A desperate outrage was, a few days since,
committed at Bordeaux. Two individuals called at the
house of a M. Dumas, who was reputed to bq possessed
of considerable property, and requested to look at an
apartment which waa to be let. After viewing the pre-
mises, and entering into a short conversation with the
proprietor, they left, saying they would call again. They
did so in the evening, but M. Dumas not being at home,
they were invited by the porter to sit down and wait
his return. While engaged in conversation with the
porter and his wife„ the two ruffians suddenly made a
desperate attack upon them ; one of them seized' the
porter by the throat, with one hand so as to prevent his
crying out, and with the other passed a cord round his
neck with which he succeeded in strangling him ; the
other, who had attacked the woman, inflicted some
severe injuries on her, but did not effectually prevent
her cries, by which the neighbours were alarmed and
rushed in, when the ruffian; made their escape, and have
not since been discovered. M. Dumas did not return
till some time after. There is no doubt it was the inten-
tion of the thieves, had he 13.vn at home, to ,have mur-
dered him,
,and robbed the premises. The woman lies in
a dangers us state ; all means were tried to resuscitate
her husband, but iu 114111.

SPIRIT of the PUBLIC JOURNALS.

(FRO3I THE :NIORKING PAPERS OF THIS DAY.)

POST.—An opinion appears generally to prevail that
more Money was spent in the late election, and more cor-
ruptly spent, than in any other election which has taken
place for some time. Whether this, be actually true or
not, we. cannot tell, and,have seeans of ascertaining.
We only state the general opinion that at the late gene-
ral election, more votes were °litlined in exchange for
money than hitherto has beene Usual. We trust it is
scarcely necessary for ue to say, that if the filet be so, it
is a deplorable end disgraceful feet, and that the Legis-
lature could • not, in our Opinion:- better employ itself
than. in devising some method of ;preventing the future
occurrence of such corruption as.far as it may be possi-
ble, and providing ;harp and effectual punishment for it
when reasonable proof can be 'Obtained of its com-
mission. But we find the defeated • party of the
Whig-Radicals exclaiming that their. defeat is owing
to this venality. - " See," say they, " how your
own Journals admit that scarcely ever before was
such .bribery committed. - This 'eePlains your majority.
How can you
.boast of 21, Mejotity obtained by such
means ? " This is mere sophistry. The question is
treated es If the taint belonged to the whole mass of
the elections, whereas,' in truth, it belongs only to a part,
aninot so that partefrotn which the strength of the Con-
servative party is derived. No Disc_ pretends to say that
the' English' county elections, or any county elections,
were gained by bribery. But Lord John Russell has
taken especial pains to point out to the public, that the
strength of-the Conservatives is derived from the Eng-
lish counties, • Their majority in these counties, said
the Noble rsird,. is overWhelinings The system of buy-
.
ing votes is notoriously brought to bear en the towns,
and especially those of the smaller ilescription. Now,
eve and that at the last•tlectiort: thq chief less was in
thereenettiess..thg neeestersasin turps • eps,pWll6, but in the
seisdier toetinlsrkerilleser Pre"
ers—VElfat pai t 4-leas tee'''So strong
was the public feeling against, them, that eyerywhere,
and in all descriptions of elective localitiesS theylost '
more or less, but where bribery prevails least they lost
most, and where- bribery prevails most they lOst leask
CHRONICLE.—We are told in the Times of yesteree
day—and a greater truth, or one more applicable to ca
citing circumstances, • has never been affirmed Sin any
journal—that " the Minister who would govern reigland
in times like these, must have a clear and distinct line of
policy, based upon -principle, and firmly settled in his
own mind ;, and, secondly, he must carry thie policeeinto
action with resolute decision." On this ground we feel
confident that the advocates of free trade hate only Sus-
tained:a temporary defeat ; and that the Government of
the country can only be prevented from reverting unto
their hands by the submission of the opposite party to
the principles over which it has triumphed, and -.its
adoption of measures substantially the'. same. feith
those which it Ilse gained power by denounCing.
It is mainly in financial concerns that.. " it clear' and
distinct line:, of policy, based upon principle," is
called for at the present emergency.; The, ordinary
process of taxation has reached its limits. The stiffer-
ings of the people have also nearly reached :siegh limits
as arc endurable. .„ Sir Robert Peel told. the Ho\ise ithat
he had " listened vtitli the greatest pain to these .ac=
counts of manufacturing distress detailed beeHoh. Gen-
tlemen opposite, whose character and opportanitiek for
observation entitle _them, to the greatest respent?! : his
predecessors had done something more that '4 listen
with -the greatest pain," They had not : merely tm- •
nounced their pain, ,ere, rotund°, to a „cheering majority,
to elicit " hears." They had determined to abandon
all idea of levying more, taxation upon this sifli'ering po-
pulation. The screw was ordered to be stopped' and
then to, be turned backwards. Out of their " pain" had
sprung the idea of untaxing the people's bread. The
corn monopoly and other great monopolies had been in-
vited to relinquish their private taxation upori, the com-
munity—ea taxation far inure onerous than Gterninent
imposts. Based upon the principle of free r •ade, the
great right of industry, this policy was.. carried
out into details and applications that shelved in
it the prolific germ of reviving prosperity. Food
cheapened, on the one hand ; employment Multiplied
on the other. The " resobete decision" to " carry thisl
policy into action " has lost Ministers their places ; but
if' there be truth in the principle enunciated in the Times,
they and they alone will yet " govern England." How
doee Sir Robert Peel regard this same pressure- and dis-
tress ? Deny its existence he cannot ; he4,says it gives
him pain ; and he is not the map to feel pans for nothing.
But what will lie do for it ? He will not allow the half-
famished to reckon
.upon their bread being untaxed. He
will not allow the unemployed tp look fouvard to the
fresh markets for labour that watild be opened by -a ,re-
gular corn trade. What then, is his plait, policy, 'or
prineiple ? Simply to let the starving starve on ; to
put distress into the list of inevitable events ; and to
bear his own " greatest pain" as well as be-can, under
such mollifications as the possession of office snav afford.
" I own to you," says thb&compassionator of pullic dis-
tress, this demolisher 451' an untaxing- Ministry, this
Avenger of-alleged miegovernineig, " 'you that
mine is but a gloomy view of the subject." Let the in-
dustrial classes mark
swell these confessions of the genius
of a new political dynasty. His principle is, that the
people's distress cannot be helped.
TIMES.—At the close of his speech on Saturday
morning, Lord John Russell thought proper to make an
allusion to the Conservative Press, which, whether it was
or was not particularly directed against ourselves, we
think it becomes us to notice. While acquitting the
Conservative leaders in Parliament of any unfair or fee-.
tious opposition to the late Government, he observed,
that " their followers and supporters in the country, and
their advocates of the Press, had resorted to misrepre-
sentations and calumnies which he believed were never
equalled." He then: added, that Sir Robert Peel had
exhibited an excessive sensitiveness on the subject of
" some foolish stories" in the Whig Journals, which,
in his opinion, " were hardly worth the attention which
the Right Honourable Gentleman was pleased to
bestow upon them." :" But," continued he, " with-
out alluding to any absurd stories of that kind, and
turning to what I think is a much graver accusation af-
fecting the Ministers, with regard to their conduct on
most vital points, with regard to their character and
honour, it must be known to be perfectly absurd. How-
ever, I think that these means,' and not the conduct
of Ministers, or means of that kind, are the most pro-
minent causes of the successes of the opposite party."
It is probable • that those who are in the habit of
perusing with impartial attention the organs of both
political parties may discover in thee sentences a
remarkable proof of the peculiar' oblquity of moral
vision which distingeishes Lord John Russell among
statesmen. Even If .it were granted fur an instant,
and for argument's sake, that we and our Conservative
Contemporaries had done injustice to the Whig Ministry,
we should be glad to know on which side the balance of
calumny would be found—with us, or with the Journal-
ists who have stigmatized the opponents of the late Go-
vernment as execrable and hard-hearted monopolists, in-
capable of saying their daily prayer; without hypocrisy ?
We are told by persons curious about the secret history
of the Gazette, that the particular portion of the late
Government Press which• has been most distinguished by
this sort of invective against the Conservative party has
received from the Whigs very eminent and substantial
marks of gratitude and favour.
HERALD.—The public will perceive with a degree
of pleasure, we are sure, torreeponding with that which
actuates us in the announcement, that the new Premier
is already surrounded by the most distinguished mem-
bers of the Conservative party. The chiefest names
among its nobles and its commoners are found on the list
of those friends who were first summoned to personal
conferences with him after his return from the Royal
presence. The usual circular of the Court Newsman
confirms the report of our own correspondent as to the gene-
rous confidence which marked, on the part of his Sove-
reign, the gracious and honourable reception accorded to
him at Windsor. We have concurring intelligence from va-
rious quarters as to the cordial communications into which
the leaders of his own party have entered with him since
his return to town. On the almost certain prosperity of
a future political career which opens under such auspi-
cious and gratifying prospects, it is difficult to anticipate
any drawbacks—beyond the ordinary casualties which
control the duration of human life and arrest the deve-
lopment of human purposes—which we may not leave
with confidence to be disposed of by the charac-
teristic discretion and sagacity of the Right Hon. Baro-
net. He may look around upon the band of magnates
and of experienced public servants by whom he is
now surrounded with those feelings of pride and
confidence which reward the leader of a mighty en-
terprise, before, even, his entry upon the duty he
has undertaken, for years of patient endurance, of un-
successful struggle,. of calumniated purposes, but of un-
failing patience, and unwavering constancy. His leader.
ship in opposition has been one of the most brilliant and
animated passages in the history of 'British statesmen ;
his return to power is marked by distinctions, and poli-
tical alliances almost unequalled in the cordiality with
which the former have been conferred, and tho latter
have been formed with him. The good fortune of the
Right Hon. Baronet seems to be commensurate with the
promise of his Premiership : and as we believe him to
be every way qualified for the honours of the latter, so
we are confident he will approve himself not unequal to
the more incessant demands of the former on his self-
possession and his prudence.
ADVERTISER.—" The Queen's reception of Sir R.
Peel," observe the Tory press, was " most gracious," and
hence they would have it believed that the duty which
the adverse vote- of the House of Commons had by con-
stitutional precedent imposed on her Majesty, was not
repugnant to her royal feelings. Courtesy designates
every act of royalty ns " most gracious," and only in the
language of formal etiquette can these terms be applied
to the reception given to Sir Robert Peel on his recent
visit to Windsor. Her Majesty certainly evinced no
anxiety to detain the Right lion. Baronet from his public
duties by indulging the personal gratification which she
experienced in his society, for though the occasion was
one of the most momentous that has occurred
in the annals of British history, the Monarch's
interview with the Minister who has been ob-
truded on her councils did not endure from four
o'clock till five—a little hour ! Notwithstanding this,
however, her Majesty's reception al Sir Robert Peel
was " most gracious," and equally so is the act of Roy-
alty when signing the warrant authorising- the execution
of a public criminal.' Of her Majesty's feelings on the
occasion an opinion may be formed from the fact, which
we announce ou good authority, that "during Mt last

tAree days the Quein has been. frequently seen in tcarB,"
which may is a similar spirit be described as "most gra-
cious" evidences of, her feelings on the advent of a Tory
Ministry. In writing to us'on, this subject, a correspond-
ent exclaims :—" Englishmen, up to the rescue ! Your
Queen is at this moment in her Palace,,weeping over the
loss of one Ministry, and the accession of another. It
is on your account, not less than her own, she weeps ;
it is you who ought to spring to her relief. The arm
of chivalry may be gone, but that of indifference
beauty and Royalty in tears surely has not seC-
ceeded." We shall not damp the generous ardour of
our correspondent, by scrutinizing motives, nor analie
the causes of her Majesty's affliction, to ascertain the
relative amount of tears shed for her country's afflie6'on
and her own, though we know the patriotism of :tier
Majesty would net wane in the investigation. E..;
sufficient to know that the feelings of the Sovere7c.,ll oa
the accession of a Tory Ministry, not only from put iie,
but personal consideration, are in unison with tho 4 of
the people. It is in such circumstances that the
eo-
reign's name becomes till), 4'a 16`wiT of • strength. 7 It
is a " tower" which :should be immediately 4.ortifi,4l by
a notional demonstration before the enemy bei nne
strengthened in its possession. Not a moment is ti) be
lost. An active organization of all classes of honest.i.Re-
'formers should be immediately set on-loot. •

:HONEY MARKET and CITY NEWS.

FROlt TOE MORNING PAPERS OF THIS DAY.
TIMES.—The premium on gold at Paris is q.• per
miller which, at the English Mint price of 3/. 17s. I'o:id,
per ounce for standard gold, gives an exchange of 4.30.
and the exchange at Paris on London at short fseing
25. -10 , it follows that gold is 0.40 per :.certaaideata6r iii,
London than in Paris.
By adviees from Hamburgh the price of •golil is 429
per mark, which, at the English Mint priaasof 31. I.'is. 10424 '
per oueee. for standard.-gehl, gives. an, exalts:lase of ..11k4ss.
and the exchange, lt Hamburgh oil LOndore. at admit
being 13. 7, it follows that there is at present no differ-
elle° in the value of gold at the two places. 1
The great political- topic among the Texans is the ep
pointment of the new President, and the esektornent-re-
, speetine it appear; to be carried on much. on the came
scale as that which prevails on similar occasions in;) the
United States. On either side the candidates tare eqnally
• fortunate in receiving nicknames, and, as there arelonly
two on the present occasion, the political *edema have
honoured them with many aliases, but they sere of.a cha-
racter not exactly fitted for extract; for, thottele less ex-
travagant than those retailed by their neiglilsears the
Americans, • theyeare nevertheless somewhat cos.ese. The
two candidates are Judge Burnet and GeneraltHouston;
cad from the very strong claims of the former, as advo-
ciited 'in the different papers, it is not at all irsprobable
that he will beSelected. . I
-A letter to the Shareholders of the British gson Com-
pany by Mr. Motte, one of the "united slunisholders,"
was published a day or two previous to the last geeeral
meeting. The object -of his argument is tol pet wade
the Company, to windup their affairs after the stal.isfac-
tion of .all outstanding claims. He examines die stc-
coiihts published by the Directors at • great lendhe and,
after invastigatiug each separate document, conttes to the
eoredusiorathat the Directors purchased, in 1825.1, 21 free-
hold estates, at a cost of more than 700,000/., ;being-iip-
warfls of 500,000/. over value ; that they buriened the
Company with leasehold liabilities fOr inhierals more
than equal to 6,500/. per annum for sixty ye! trs, and that
it was reported to the shareholders from t; xne to time
that profits varying from 6,0001.sto:60,0001. were being.
made, whereas the Directors' report exhibits a loss of
4,9121. On the contract made for the estate; called Ctien-
greavea for 600,090/„. besides 36,0001. for stock, in June,
1825,.• Mr. Motto reminds the shareholdm-s that it was
valued at 300,000/. far its minerals•alone, 'but never pro-.
(laced ironstone to any available quantity, and that the law-.,
suit. for 12 years incurred a cost of nearly 186,0001. ' Thee
total receipts of the Directm's from the shareholders.since
1825 be estimates at more than 4,00t1,000L, while the loss,
as stated .above, is 4,912/., which Mr.eMotee, by adding
. nil
on:ttetreoedsnt
tttnoi peebifyle47.i.,:is,i,„na9oi,,,,,,,,ils.nit.en:frocielrnaest.lnenist)liyld:soetrhaa7eb;soc:oen.. 1,
nen
70,0b0e0iln
gn Thed.
totalaed (ll(i)ssasllnote=s :I:Pasidlseftten.dolnwtenretshte
01
2,227,962/. Haring premised this enormous
lose; and enumerated other facts teeshew that Share-
holders have been misled, he draws "their attention to
the perils of fresh litigation, remarking that millions will.
be at stake in the event of law proceedings between the
• Shareholders and - the ' Directors. He recommends a
searching inquiry into the affairs of the Company, that
its actual- losses and liabilities and the present state of its
liabilities may be ascertained, and that the present dis-
jointed properties may be let or cold, so that as much as
possible may be realized. before. a winding-up. The
Company once wound up, and those Shareholders who
wish having retired, " the Company," he says, " might
be reorganized, and the trade of this new body concen-
trated on one property, so that the , expense might btte-
duced to a nzinintunz, and something like a profit be rea-
. lized. If, however, there, is no cessation of h05t:444440a
tweed the contending parties, and nodispwition towards
conciliation on the part of the Directors, Mr. Motto can
foresee no other result than a Chancery suit—a result ,
which was distinctly predicted at the meeting!,
POST.—By the private advices lately received from
Buenos Ayres it is satisfactory to perceive that the in-
terests of the British creditors of the republic have been
kept constantly in view by the Government of President
Roses. His Excellency Senor Moreno's despatches from
London on the subject had reached the hands of the Fi-
nance Minister. The immediate departure of the packet,
however, allowed for the moment only just time to make
a hasty acknowledgement of them. The details of a plan
for the adjustment of the English debt, suggested by M.
Moreno and Messrs. Baring, Brothers, and Co., which
embraces, we believe, a proposal for liquidation by part
in cash, to be realized out of the national products of the
republic in the -European markets, and part in Treasury
Bonds, receivable at the custom-houses, had not yet been
formally entered upon ; but we have good grounds for
thinking that, in. defiance of the still existing differences
of the Argentine State with Monte Video, an honourable
intention of satisfying the claims of the English bond-
holders, now fourteen years in abeyance, is entertained.
We learn farther 'from these private sources of in-
formation that the affair between the republic and Monte
Video was rapidly hastening to a close. Such a consum-
mation was accelerated by the growing discontent which
prevailed in Monte Video. Lavelle, it is asserted, was
completely crushed, and nothing serious was now appre-
hended from the Unitarian faction, with whose interests
he had identified himself in the civil war. The known
determination of the Governments ' of both France and
England, each acting upon its individual policy, tended
to diacourage the enterprises of those who had been
hoping to accomplish the revolutionary purposes they
had in view. . .

ADVERTISER.—According to a statement in a
Shrewsbury Journal, we are happy to learn that the
assignees of Messrs. Price, Jones, and Edwards have
now realized a sum of from 18,000/. to 20,0001., either
in Exchequer Bills or in funds immediately available.
This sum they have determined to divide among the
creditors upon the earliest day they are permitted to do
so by law, viz., on the 30th of September next, four
months after the fiat of bankruptcy was issued. The
sum proved against the joint estate is about 80,0001.,
so that the assets now in hand will be sufficient to
pay ss. in the pound at that time, without the receipt
of a farthing from the valuable private estates of the
bankrupts. This statement will dissipate much of the
gloomy apprehension entertained respecting the results
of this failure.

HERALD.—Private letters from Manchester announce
the stoppage of a large calico printing concern in that
town. The Bank of Manchester is said to be a creditor
for 20,000/., and indeed it is stated was the occasion of
the stoppage of the house, by not only refusing further
facilities in the way of advances or discounts, but pe-
remptorily calling for the balance in excess then owing.
This Bank is said to be in like manner restricting its
operations, and calling in its advances in other quarters,
which it is feared may lead to the break-up of other
establishments who have over-extended themselves. The
policy seems rather harsh, but may nevertheless be
justifiable and expedient in regard to the Bank's own
interest ; for it has undoubtedly been exposed to many
heavy losses.
CHRONICLE.—The general accuracy of the finan-
cial statement made by Mr. Baring during the recent de-
bate is fully supported by the official accounts of the pub-
lic debt and expenditure recently laid before Parlia-
ment. Mr. Goulburn, in reply, did not dispute the re-
sults, but applied himself chiefly to a consideration of
details, and an objection to the comparison of periods
taken on the principle of average. He observed that in
the " average of the five years which comprised the Duke
of Wellington's Adminstration it must be borne in mind
that the expenditure of the first year was very high, and
of the last very low. The expenditure in the year 1825
was 54,895,9491." That of 1830 was 52,018,617/., which
is lower, but decidedly not " very low," for in the year
1832 the expenditure was but 5t1,908,3281., while in
1835 it was 'only 48,787,6381., being 3,230,9791. below
the " very low" expenditure referred to by the Right
Honourable Gentleman. Mr. Goulburn also observed,
that while the average expenditure daring the five years
of the Duke of Wellington's Administration was core-
stantly decreasing, the reverse was the case during thu
last five years. This is true, but the Right Hon. Gen-
tleman forgot to notice that the decrease steadily con-
tinued after the Duke of Wellington quitted office, and
that it was not until the state of public affairs rendered
the same course of economical expenditure inconsistent
with due attention to the public interests that any in-
crease was incurred. Mr. Goulburn took no notice of
these facts. He did not allude to the great reduction of
the expenditure effected by the Whigs after the Duke of
Wellington retired from office, nor the frequent and
fierce attacks which the Tory party hurled against the Go-
vernment of Lord Melbourne for not forming the army
and navy estimates on a scale of sufficient expense.
SUN.—There has been a slight depression in Stocks
to-day, but no marked reaction has occurred. For im-
mediate transfer Consols realized 891 to ;, closing at
89i tot ; and for Account 94 to a ; Exchequer Bills
wire 17.,. to 15s. premium, being firm,_ but India Bonds
dropped to 2s. and Is. premium. Bank Stock was rather
higher, viz., 1621 to 1691, the New Three-and a-half
per Cents. were at 981 to I, and the Three per Cent.
Annuities at 90 to 90/. Money was in rather more demand.
A moderate business was done in Foreign Stocks, al-
though the half-monthly settlement attracted the chief
attention. The Bulls appeared to have the best of it,
Spanish having risen since the 16th instant from 19i to