The Sun.
London, England, 1848-09-12 00:00:00

power of thi: country, and they will speedily believe
that thtir interests will be promoted rather by
cementing more closely the bonds by which
the nations are united —by making ngland
arid Ireland one country, with equal privi-
leges for all inhabitants, than by any separate
government that could be established. But this
cannot be achieved without some exertion on our
part. It is not by branding them as aliens, that they
will be taught to submit to a united Government—it
is not by calling them lazy, improvident and idle, that
their industry will be stimulated—it is not by grudg-
ingly supplying the mere support that cannot be
withheld, that we can deserve or will obtain their gra-
titude. Lord JOHN RUSSELL may have learned these
home truths during his sojourn in the Irish metropolis,
he will have an opportunity of considering calmly
and attentively the causes of Irish miseries and dis-
tress during his brief respite from legislative labour
and the strife of party warfare. We believe that he
is actuated by a sincere desire to do all in his power
to ameliorate the condition of the people. He must
not suffer himself to be fettered by narrow views and
prejudices, or believe that the labour of a country
must remain idle and unproductive because there is
a scarcity of bullion—of the mere representative of
capital. As we last week pointed out, the
circulation of Ireland is utterly inadequate to its
population and real wealth, the very lifeblood
of industry is wanting; to supply a currency that will
be sufficient should be his first object, to put the
various sources of wealth in motion should follow.

THE FRENCH REPUBLIC.

GE_RATANY

We have received the Paris papers of yesterday.
The Presse gives the following as the actual state
of the Austro-Italian question, and from the known
connexion of M. EminE DE GiaAnDix with the
reactionary party throughout Europe, we consider
that this account is very probably a correct &scrip-
tion of the views and intentions of Austria in accept-
ing the Anglo-Gallic mediation. The Presse says—
" If we have hitherto abstained from alluding to the
different versions published by the Paris press as to the
recent reply of the Austrian Cabinet to the offer of me-
diation by France and England, it is because we were
well aware that the dispatch received by the Minister
for Foreign Affairs from Vienna made no mention of
the conditions and reservations on which, according to
our contemporaries, Austria had made the acceptance of
the mediation to depend.
" A simple exposé of historical facts will prove how
much of those statements has been erroneous, or at least
surmise.
" We have before alluded to the pressing invitation
addressed to the Court of Vienna by the French Go-
vernment. Our Cabinet demanded that Austria should
give a categorical reply, yes or no, to the offer of me-
diation.

AND
THE NORTHERN STATES

AUSTRIA.

The Wiener Zeitung of the 6th inst. officially an-
nounces that Field-Marshal RADETZKY has again
notified, under date of the 28th August, that all poli-
tical fugitives, who are truly Austrian subjects, are
permitted to return without molestation or fear of
the administration of justice for their past misde-
meanours.

The Minister of War, in a public notification, an-
nounces that independently of the trophies in arms
and artillery at the taking of Vicenza, Treviso, aid
Palma, the Royal Imperial troops have taken at
Austozza alone 15 cannons, 5 howitzers, and at
Pizzighettone, Milan, Peschiera, Brescia, and Pla-
centia 258 cannons, 28 howitzers, and 18 mortars of
different calibre, besides 37 munition carriages, and a
large quantity of munition and other war stores.

Several modifications are about to take place in the
composition of the Cabinet, in consequence of the re-
signation of VON SCHWARTZEN, the Minister of Public
Works. The Ministry of Public Works has been
o&red to M. MAIER, Deputy at Frankfort. It is
also said that DOBLHOFF will confide the portfolio of
the Interior to BACH, and will himself take the port-
folio either of Public Worship or Instruction.

" The dispatch containing that request was commu-
nicated on the 30th of last month to Baron de Wessen-
berg, the Austrian Minister for Foreign Affairs. He
promised to bring the matter immediately before the
Council, and to give a definitive answer in a few days.
"The Austrian Council of Ministers assembled several
times to consider of the subject, and on the 2d Baron de
Wessenberg informed M. de Lacour that the Imperial
Government had decided in the affirmative, and as the
French Government had merely demanded a plain reply
of Yes or No,' the Baron de Wessenberg merely con-
fined his answer to the simple ' Yes,' without giving any
opinion on the bases proposed by France and Engalnd
for the solution of the Italian question.
"From this it results that up to this time the French
Government only knows one thing, that the offer of me-
diation is accepted in principle by the Imperial Court.
The question of knowing to what point it admits the
plan for the pacification of Italy proposed by the two
mediating powers remains at the moment intact.
"From the information we have ourselves obtained,
we can say that Austria, before giving any answer on
this plan, wishes to regularise her relations with the
French Republic, the recognition of which will only be
officially accomplished on the day when the two Govern-
ments shall have duly accredited their representatives.
The Emperor of Austria is about to appoint a Minister
Plenipotentiary to Paris, and the request to do the same
to Vienna has been already received by the French
Minister for Foreign Affairs.
" In the meantime, Baron de Wessenberg has given
our chargo d'affaires at Vienna an assurance that he is
about to seriously examine the propositions made by
France and England; and that as soon as that examina-
tion shall have been completed he will draw up a de-
tailed reply, which will be communicated to the medi-
ating powers, as well as to the other powers parties to
the final act of the Congress of Vienna—a step rendered
necessary by the fact of the propositions made affect-
ing the system of the European balance of power as es-
tablished by the treaties of 1815.
" In other words, Austria reserves to herself to give
her final answer to the propositions under the form of a
memorandum, addressed to all the powers of Europe.
Nevertheless, it is established, that from this time,
Austria has entered into a formal engagement with
France and England to make use of their good offices to
bring about the pacification of Italy. This is a power-
ful guarantee for the maintenance of peace.
" There is, however, at the same time, reason to fear
that the negotiations which are about to be opened be-
tween Austria and Sardinia, under the auspices of the
mediating powers, will not produce so prompt a result !I
as might be desired. In the Ministry at Vienna there
is said to be far from an unanimity of opinion on the
bases to be laid down for the pacification of Italy.
These plans divide the opinions of the Austrian
Ministry. The first agreeing to the plan proposed by
the mediating power proposes the line of the Adige as
the extreme frontier of the Italian provinces of the em-
pire; the second claims, with the Central German Go-
vernment, the line of the Mincio; and the third, to
maintain the political union of the Lombardo-Venetian
kingdom with the Austrian empire, securing to the for-
mer a National Administration,
'independent of the Cen-
tral Government of Vienna. To complete this latter
proposal, a son of the Archduke Regnier, an Italian
Prince, born at Milan of Italian parents, is to be placed
at the head of the Lombardo-Venetian Government.

There are various plans for supplying a perfectly
safe circulating medium based on actual property,
and also of investing that capital beneficially, to which
we shall advert on a future occasion.

Paris, with all its apparent restoration to sobriety,
is, even now, very far from being permanently trail:-
quillised. Political passions are still seething in that
great cauldron of revolutions—the hell-broth of revolt
still boils and bubbles, though it may he in a manner
of more subdued sullenness. We marvel not that
such should be the case when we bear in recollection
the variable and inconsistent policies of the three
Governments which have succeeded each other since
the memorable explosion of February. Nor is it a
matter of the smallest astonishment to ourselves that
the coming elections for the representation of the
metropolitan department should be anticipated under
existing circumstances with a certain degree of
anxiety and nervousness.
Can it—and we ask any honest man to answer us—
can it be surprising that France is still a prey to this
sensation of uncertainty, that Paris, in particular, is
still wracked with the febrile pangs of agitation, when
the very atmosphere in which both may be said to
have existed has in the compass of a few brief months
experienced such extraordinary revulsions from one
extremity of the political barometer to the other? When
at one moment the pulse of the nation has
throbbed at fever heat under the influence of
a complete and universal liberation—and when at
another, the very blood of the community has been
congealed by a panic, its limbs have been frozen, its
heart petrified, and its brain benumbed under the
refrigerating effects of a military dictatorship? When
for the first three months the hold of Government
has been relaxed, so that its reins have been ultimately
thrown on to the neck of the Republic—and when

during the next three months those reins have been
gathered up by a strong hand, and tightened almost
beyond the limits of endurance ? If extremes of an
equal violence were applied to the physical condition
of man, it is obvious that the result would necessarily
be an appalling disarrangement of his constitution.
If a native of a temperate climate were suddenly
transported to the torrid zone, with the thermometer
standing at ninety-eight Farenheit in the shade, and
were then as suddenly conveyed to the arctic regions
where boiling water thrown from the truck-head of
a whaler is congealed into icicles before it reaches
the deck—we conjecture that some very surprising,
if not absolutely painful, andeven dangerous, changes
would manifest themselves in the action of the
vital organs, in the circulation of the animal
juices, in the process of respiration, or
in that of digestion, in every one, in short, of those

" The third plan, although it has the majority of the
Ministers in its favour, is far from being considered as
finally decided upon in the mind of the Imperial Govern-
ment; added to which, it is said that other dissensions
threaten to produce the speedy dissolution of the present
Cabinet of Vienna, which will cause the question to be
delayed."

The attention of the Parisians appears to be en-
grossed by the approaching elections. The Dibats
and the Con,stitutionnel support the Ministerial candi-
dates, MM. ROGER (du Nord), EDMOND ADAM, and
ACIIILLE FOULD.

subtle operations of the tissues which constitute the
human frame, and upon the uninterrupted continu-
ance of which operations the health and life of every
creature is immediately dependent. Precisely such
a terrific fluctuation as this has befallen France dur-

The Siec/e supports the two first, but proposes to
substitute 111. VICTOR COUSIN for M. ACHILLE
FOULD.

Marshal BUGEAUD has accepted the candidateship,
and has addressed the following letter to the
electors :

ing the past six months of the Republican regime—
fluctuations which have dated their continuance with

" La Durantie, Sept. 2.
" I did not feel anxious to return to public life; I
would most willingly have waited for the next general
election; but since so honourable an invitation as that
of Paris presents itself to me in my retreat, I should, by
refusing it, be guilty of a cowardly indifference about
the destinies of France, as yet so uncertain (si incer-
taines encore). I accept then, with ardour and gratitude,
the oiler of being returned for the department of the
Seine. I will devote myself with an active and ener-
getic perseverance to the defence of civilised society
against the anti-social ideas of Communists and Ter-
rorists. I will devote myself also to the interests of the
great city, and of its banlieue ; in a word, I am heart
and soul the soldier of order, of family, and of property.
If the anarchists should once again assail society, I
would not remain a cold impassible spectator of civil
war, I would rush into the ranks of the National
Guard and the army, and should not fear, for sake of
so firm and holy a cause, to follow my brave lieutenants
who fell in the days of June. This, you may say, and
pledge yourselves for on my account.'
The following letter, addressed to JEROMB BONA.'
PARTE, ex-King of Westphalia, and brother of the
Emperor, by bis nephew, Prince Louts NAPOLEON,
also appears in the Paris papers of yesterday :
" My deur Uncle,—Your wise counsels on the subject
of the elections about to take place have only anticipated
the letter which I was about to write to you to the same
intent. I believe, as you do, that at this time it will be
my duty to accept the mandate of my fellow-citizens, if
they shall honour me with their suffrages. Under cir
cunistances which happily no longer subsist. I have not
hesitated to prolong my exile rather than suffer my name
to be used as a pretext for pernicious agitations. Now
that order is established, I hope that unjust prejudices
will no longer prevent me from contributing as a repre-
sentative of the people to the consolidation of the Re-
public, to its happiness and glory. Be pleased to make
known these sentiments, and accept, my dear uncle, the
assurance of my respectful attachment.
" Your devoted nephew,
“LOUIS NAPOLEON BONAPARTE."
The candidateship of Prince Louts NAPOLEON
VIM be supported by the orsvriers, the Red Republi.
cans, and the Socialists, but none of these bodies are
nearly so well organized as they were at the time of
the last election.
The Constitutionnel says, that a deputation from
those decorated for their bravery during the days of
dune, having been introduced to the chief of the
Executive, General CAVAIGNAC addressed them as
follows

the duration of the power of the Provisional Govern-
ment, of the Executive Commission, and of the
present dictatorial Administration. The single
exchange of the conciliatory and benefi-
cent rule of LAMARTINE for the stern
and uncompromising domination of CAVAIGNAC is
sufficient to account for the fury which still smoul-
ders under the superficial calm of French repub-
licanism. It wants only a stamp of a foot, or the
wave of a finger, or the glance of an eye, to elicit
all those passions which are dormant through excess
of rage, or through the dictates of indecision. In
this respect Paris reminds one of the volcano in Ice-
land, which is roused into an explosion of eruptive
force by the dropping of a pebble into the silent and
sombre depths of its crater. It remains yet to be
seen whose hand is destined to drop the next pebble
into that tremendous abyss of revolutions.

Whatever may be the consequence of the approaching
election of three representatives for the city of Paris,
we are confident, profoundly confident, as to the ulti-

mate result of the great political movement through-
out Prance. The final triumph of Moderation is no
longer matter of conjecture. The enemies of Law,
if Order, and of Rational Government may struggle
to attain their Utopia of murder and rapine, and they
will doubtless, at the very earliest opportunity, renew
their insane efforts at bloodshed and spoliation ; but
the end of all their deplorable machinations will

inevitably be the consolidation of that heroic repub-
Picanism, that republicanism of Peace, Fraternity, and
Moderation, which scared the minions of despotism
groin the soil of France in the latter days of February,
and planted in lieu of the symbols of royalty the
insignia of a free people. Factions, there unquestion-
cionably are, prepared to convulse the country with
the threes of their ambition ; but these very factions
intrit find themselves at last compelled reluctantly to
iiccumb before the irresistible might of Moderation.

In the end we say—for the Republic has yet, without
question, to pass through many crises of terror and
peril before she reaches the epoch of her permanent
•ranquillity—the fever which still rages in her blood

must be subdued, but before then it will doubtless re,

double the energy of its paroxysms. The Communists
ire again beginning to mutter such names as CADET
:end RASPAIL ; the Imperialists are again endeavour-

" I know that the executive power has been blamed
for having awarded recompenses in a civil war; we have
been reproached with a forgetfulness of our past princi-
ple. This is an error; what we thought at other times
we think still. But it is not true to say that you gained
your crosses in a civil war. You gained them in a
social war, waged by society itself against its enemies;
that was the real field of battle. I hope that we shall
never have to renew such a combat, nay, I venture to
promise you that we shall not. The mediation of France
is accepted by Austria. The mediation that we have
imposed bus been accepted, because we have been mode-
rate. We are then assured of the maintenance of peace.
I know not what the future may have in store, but, for
my part, I will do all that shall depend ou me to pre-
serve peace—for it is by peace that we can give firmness
to our institutions and develop the material and intellec-
tual treasures of France—acd I repeat to you that the
mediation that has been accepted has been imposed by
ourselves."

ing to excite the population to rebellion by calling
:Or the election of Prince Louis NAPOLEON ; the

noise of all kinds of obscure and daring preparations
are audible, such as yield but alight promise of the

continued preservation of quietude. We shall listen
vigilantly for the footsteps of the conspirators, or for

,he call of their trumpet.

SPAIN.

Madrid journals of the sth have arrived.
The accouchement of the Duchess of MONTPENSIER
is hourly expected, and the Ministers of Portugal,
Belgium, Brazils, and Chili, are at Seville, in order to
be present at the christening of the infant, which will
be celebrated in the cathedral immediately after its
birth.
General CORDOVA has been appointed Captain-
General of Catalonia, in the room of General PAVIA.
A Carlist insurrection on an extended scale is ex-
pected to break out shortly in the Basque Pro-
vinces.

M. CAUSSIDIERE has succeeded in effecting his
escape from France ar.d is in London, from whence,
on the Bth September, he addressed a letter to the
kforme announcing his intention of presenting him-
self before the Court on the day fixed for his trial,
and of replying to the charges brought against him.
In the course of the sitting of the National As-
sembly yesterday, the President officially announced
that bl. PASCAL DUPRAT had been appointed to an
extraordinary mission to Austria. M. CRESPEL
LA TOUCHE brought forward his motion respecting
the suppression of the journals by the Executive Go-
vernment, and after a very animated discussion, the
it Assemblyw ou
would
n o t
take resolved, bnyt
a consideration
L to
decree 218, that
f o
Gl5
re-
lating to offences of the press so long as Paris should

Mennen BOLSA, SEPT. s.—Threes, 19i; Fives, 10-h.;
Exchange on London, 48 cash.

FIRE IN ST. KATHERINE'S aticxs.—Loss OF LIFE.

c7iLth"tgrneiagthtiosshortly
property,before midnight,
happened
, efire,n attendeda et
va-
Tea schooner, lying in St. li4therine sLochs.
rd th
I_
originated in the forecastle part of the vessel, and oil the
&arm every assistance was rendered by the dock watch.
men, who, with the firemen, rendered the most efficient
service. Meanwhile the brigade and West of England
engines were sent for, and arrived in rapid succe.ssihn;
but through the very valuable assistance early rendered
at its outbreak the fire was confined to the fore part of
the vessel, which was loading for Smyrna, under the
command of Captain Medhurst. One of the crew, the
only one on board, was discovered lifeless after the fire
was extinguished, having, it is supposed, fallen asleep in
his berth. He was dreadfully burned. The cause of
the fire is unknown. The loss is considered to be very
great, but believed to be insured.

continue in a state of siege.
BOURSE.—PARIS, MONDAY, SEPT. 11.
TEIREF. o'CLcca.— Considerable atiimation was evinced
at the Bourse today, but prices were rather weaker
than on S•turday, in consequence of the resolution come
to by the :Cranktort Diet to refuse its adhesion to the
armistice between Prussia and Denmark. Bons du
Tt~;or are at 20 discount.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE

LONDON STOCK-EXCHANGE, SEPT. 11.
Boulogne and Amiens, G—Paris and Lyons, 4N—Sambre

and Meuse,

THE SUN, LONDON, TUESDAY EVENING, SEPTEMBER 12, 1848.

ing of the Storthing important polities l r.,..Prts have t-lisen
placs in Europe.. Th.Tl!is ati., strums.;;
we hare avoci:d oth.,-
countrics have ; hut, tmfortunattly,
has felt the influence of these shucks in it..; emnuur:,.
navigation, and finarci%; resources. It is with feel
aatisfUclion that I * xprcs,, to you my for tLr
re din ss wiih which the Storti,ing has !mile('
eff,rts to mine to lessen the effects which present cir-
cumstances produce on all the branches of our industry.
The object of my incessant cane is to labour conjointly
with friendly Powers to preserve general peace, to le-
establish in Europe the tranquillity and confidence which
are the conditions sine cud non of all social relations,
and of the common welfare. It was in pursuance of
my efforts for this object that I thought right to co-
operate, even in making considerable sacrifices for the
two united kingdoms, for putting promptly an end to
disnutes which seemed to threaten not only the ieneral
peace, but also our frontiers and our dearest interests.
The propositions which I addressed to the Storthing on
this subject obtained the reception which I expected on
the part of the magnanimous Norwegian people. I
entertain the hope that the pacific settlement of these
differences, towards which, faithful to my principles, I
direct all my efforts, is not now distant. I re-
gret that present political circumstances have pre-
vented my coronation and that of the Queen from taking
place this year. According to the desire expressed by
the Storthing, the ceremony shall be gone through as
soon as possible. I flattered myself with the hope of
being able to stay some time at Christiania, surrounded
by the representatives of my faithful Norwegian people,
and of being able on the present occasion to address my-
self personally to you, gentlemen. Events, however,
have prevented the realisation of this hope, in address-
ing my royal salutations to you, I implore from Heaven
the greatest blessings on Norway and on the inhabitants
of this country, and I give to all of you, gentlemen and
loyal Norwegians, and to each of you in particular, the
assurance of my royal affection.
(Signed)

" OSCAR."

On the conclusion of the address the members of
the Storthing cried " GoD protect the KING, the
country, and the kingdom of Sweden !"

iu,4l Cf,),;11, Al_
1 C/ QUA RTEL! TO THREE.
! In the Cotton mei at Liver:,,a,l 7CZ:Vi day the sd's
seers 5,003 Inks. A;neric.an aitt,,(i 50. to s:;d.
;Share,i was dune, and aa till
proved g cxistcd in tl-,c ca,;lcct.
Foe vessel Glurnb'a, cleat( rt d by the Hudson's Bay
.i;oinpany for Co:embia River, is loading, and has been
for some days past announced as about to leave. Several
parties, we understand, have already offered to proceed
to Vancouver's Island, but the Company is very anxious
to encourage those only who have some means, or who
are prepared to take upon themselves the. responsibility
of affording employment to a given number of hands.
A steamer is expected from America.
The export trade in British manufactures, although
not very active, is affording fair employment in the dis-
tricts of Manchester, &c., and there is less reason to
complain than we fear there will be as we advance more
towards the winter, It seems to be admitted that the
affairs of the Continent cannot settle down for some months
in a way to inspire confidence among traders. That a
war may be averted is the hope of all, and the impres-
sion of many, though the state of affairs in Germany is
certainly looked at with anxiety. The idea of those
who advocate peace, is that the interest of nations is for
peace, owing to the low state of their finances.
It is so important to resist the efforts of those who
contend that free trade has failed in any respect in
producing the advantages anticipated, that we deem
it important to give some further remarks con-
cerning the " Merino question " It is stated that
" relative to the cause of the distress in Bradford being
chiefly attributable to the importation of French me-
rinos, &c., there is one feature of the case which has
not been put with sufficient clearness before the put lie,
and which would, I think, if fairly stated, aid in coming
to a right understanding of the matter, so far as the de-
putation, or rather two gentlemen, are concerned. It
must be borne in mind that this deputation went to
London to obtain the assistance of Government, if pos-
sible, in a pecuniary way, towards relieving the distress
which then existed. I think there will scarcely be a
person acquainted with the trade of Bradford, excepting
the gentlemen alluded to, who would maintain that the
distress was either mainly or in any great degree attri-
butable to this cause. Why the thing is so ridiculous
that I dare venture to say nine out of ten who have read
it would scarcely refrain from laughing at this reason
being assigned by these two gentlemen above all others,
because they were both practically acquainted with an-
other cause that would go much farther towards ex-
plaining it, whilst on the other hand they were not very
well acquainted with the nature of the subject about
which they were complaining. It will generally
be admitted that the greatest proportion of suffering
from want in Bradford has been amongst the
woolcombers. The gentlemen forming the deputation
to London knew this fact perfectly well, and Messrs.
Rund and Walker also knew that they themselves had
lately introduced machines into their own establish-
ments that would account for the non-employment of
more woolcombers than all the French merinos
imported would require. I have been told that
they have substituted machine-combing for hand-
combing to a much greater extent than this.
But supposing they have substituted the machine
for a thousand combers, these thousand combers would
not be over toiled to comb each 221bs. of wool, about
101Ibs. of top in one week; and this would, ac-
cording to their figures, account for the displacement
of as many combers, amongst whom the distress in
Bradford chiefly exists, as would be required to comb
all the wool, for all the French merinos they say are
imported. Here, then, we have another reason for the
distress in Bradford, which these two gentlemen were
better than any other two in the town acquainted with
equal in extent to the one they named, but of which
we do not hear of their having said one word. This is,
however, going partly on the assumption that the
50,000 pieces of French merinos said to be im-
ported, have displaced 50,000 pieces of a similar fabric
previously made in this neighbourhood, an assumption
so grossly false that no man at all acquainted with the
trade would make it and at the same time believe it. It
is well known by those who are most likely to have
certain knowledge on the subject, that at no time within
the last six years have so many as 10,000 pieces of
worsted warp double-twilled merinos been made in one

year, and this is the only cloth which can at all besald
to resemble the French merino. But as Mr. W.'s letter
refers chiefly to the free importation of French
merinos, I may state another fact which can-
not be controverted, and thatis, that for the
twelve months immediately previous to the ope-
ration of Sir R. Peel's tariff, by which these goods
were admitted free, not two thousand pieces were made
here, and that if French merinos annihilated the manu-
facture of this fabric at all it did it when a duty of
nearly 15 per cent. was levied upon them. Supposing,
however, for argument's sake, that this tariff destroyed
the manufacture of the greater quantity stated, 10,000
pieces, pray how many combers would the manufacture
of that number find employment for. Certainly not
300. How stupidly absurd then does it appear
to put this forward as a principal reason for
the distress, to aid in the relief of which
they went to ask the aid of Government.
The truth is, we never possessed the trade represented
by the French merinos, and therefore could never lose
it, and for any person to assert to the contrary, indicates
an ignorance not only of tho character of the fabric it-
self, but of the whole question. If the moderate protec-
tion Mr. W. talks of—and how much that is it would be
difficult to say, if his pocket interest is to determine the
amount--were replaced to-day, it would not cause a
single piece of the worsted warp double twills, formerly
manufactured here, to be made again. I do not
raean to insinuate that Messrs. Rand and Walker
are to be blamed for the effects of the introduction of
combing machines into their establishments; far from it,
for this only proves them to be spirited tradesmen who
keep in the front ranks of their business, for if the
machine economizes labour, and cheapens production, no
power in Bradford would prevent it being brought into
operation either here or elsewhere, and in either case its
effects would have been precisely the same in the end.
But I think they may fairly be blamed for going up to
London and making a great fuss about the effect of
things they did not understand, and neglecting to men-
tion things they did understand which had a much
greater bearing upon the object they bad in view.
Tho Stock Market is much the same as yesterday,
being firm. Consols 86 to 4 for Transfer, and 86i for
Account; Exchequer-bills, 295. to 325. prem. ; New
Three and-a Quarter per Cents., about to shut, 87 to
871; Bank Stock is 195 i to 197; and India Stock, 2381.
Spanish Three per Cents. are 23; Portuguese Four
per Cents., 21; Mexican, 16i; and Chilian, 87. Dutch
Two-and-a-Half per Cents. are 44g.
Shares are rather flatter after yesterday's rally.

ONE CLOSING
P ti ( ES OF I tRITIS II FUNDS. O'CLOCK. PRICES.
Bank Stock ......196 197 195% 1951/2
1 per Cent. Reduced Arms 86%14% 861/2
3 per Cent. Consols Annuities 861414 86 86
New 314 per Cent. Anns... .
Long Anns. to expireJan.lß6o
Ditto, Oct. 10, 1859 .....
India Stack 238% 2381
India Bonds, 1,0004
Ditto under 1,000/. .. ......
South Sea Stock
Ditto Old Annuities
83%
Consols for Account, Oct. 17
achcquer Bills.
__ 214 d. & 2d.

1,0001. June 25 26'23 p
1,000/. March ......
500/. Mai eh 32 p
500/. June
Small, March 29 p
Small, June
PRICES OF FOREIGN FUNDS ONE

Brazilian Bonds ..................
Chilian Bonds 6 per Cent.........,, 87
Mexican, 5 per Cent. 1846......... 1644
Portuguese 5 per Cents. ..........
Ditto, 4 per Cent ................... ..
21
Spanish 5 per Cent. 1840.
.........
Ditto, 3 per Cent .................. 23 23
Dividends on the above payable-in London.
Dutch 21/2 per Cent., 12 Guild..., 4414 443/4
Ditto. 4 per Cent. Certificates
Ditto, Account ..................... 703/4 iO%
PRICES OF BUSINESS DONE CLOSING
RAILWAY SHARES. PAID.
AT ONE O'CLOCK. PRICES,
Aberdeen
Amber. Nott., Boston,

O'CLOCK.

CLOSIN G
PRICES.

and Eastern Junction 374
Ayrshire and Galloway.. 2 ......
Belfast & County Down 171/2
Birmingham and Ox-
ford Junction ... 20
Birmingham, Wolver-
•••••• 241,4
hampto ,n and Dudley 10 •••
Birming.,Wolverh'pton, 14
and Stour Valley ...... 134 145...
Birkenhead, Lancashire, •••
and Cheshire June.... 10 • ......
Boston, Stamfd & Birm. 5•
...
........
Bristol and Exeter ...... 85
Ditto, Thirds . ...... 25
Luekinghamihire... ......
14/. 4s. ""•
Caledonian ............. 50
Ditto, Half Shares .. Do. New 10/. Pref..... 21/2.-
Ditto,ClydesdaleJunc 50
Chester and Holyhead... 471 A 2OIA
Ditto, Preference l5
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-
mouth _
_5 1/4 .. . . -

Dublin and Belfast June. 30 ......
Dundalk & Enniskillen 20 ......
East Anglia, 251., L. &
E. and L. and D...... 25
Do., 18/., E. & EL ... 18
...... --
Do., 31.10 x.
Eastern 20 ...... 131Ar4 x 4 13/ 7( d
Do. New Guaranteed

...... ..... ....... .
6 per Cent.
Ditto, Extension, 5 per
Cent., No. .1 .64135. 4d.... ....D.l,t. North. &
Ditto.
odrittto,N.asr.6nl. 28. 4d... ...........
Do ...............
60
DDoo."Qsupaerr cent.ter 5...
.. ..............
Do. New
..........
.........
...
..
Eastern Union, Class A . ...... ......
(late E. U. Shares) 25
......
Ditto, Class A, ditto 1
...... ...............
....
Ditto, Class B (I. & ........ ...
and B.)
.
Ditto, Class C, ditto l7l/2................
Do. Scrip (6 percent.) 10
............
Ditto, ditto .
" .....
Litto (C. & E.) guar .....
•.............
5 per cent...... ......
...... 214
East Lancashire ... 25...
Ditto, New
......... 19 ".
. ."
Ditto, New Quarters 614
... ......................
Do., 6 per Cent. Pre-
ference Quarters ... 44 — .........
.....
East Lincolnshire ...... 23
Edinburgh and Glasgow 50
......