The Sun.
London, England, 1841-09-30 00:00:00

TELLERS.

Fremantle, Buckingham
Baring, H. B.— Mar lbor ug h

Motion made, and Question put—" That it be an Instruc-
tion to the Committee, that they have power to make provi-
sion in the Bill, that it shall not be lawful for the Commis-
sioners to disallow, by any general or other order, any pay-
ments which shall be made by the authority of a Board of
Guardians for the relief of any poor persons or their families
out of the workhouse, notwithstanding any powers given to
them by the Act 4 and 5 Will. 4, c. 76, to the contrary :"
(Mr. Sharman Crawford)—The House divided,
MINORITY—AYLS, 32.
Aghonhy, H. 4. . Ferrand, W. B O'Connell, li; J.
Aldam, William Fleetwood, Sir P. H. Paget, Lord W.
Baldwin, C. Barry Hardy, John Pechell, Captain
Borth w ick, Peter Harlon', Summers Rennie, George '
Broadwood, H. Heathcoat, John Sibthorp, Colonel
Brotherton, J. Hol ond, Robert Wakley, Thomas
Browne, W. Howard, H. Wats n, W. H.
Cobden, Rickard Johmtone, Alex. Wigney, I. N.
Collins, W.
Colville, C. It I Leader, J. 'l'.
Morris, David TELLERS.
Dick, Quintin Murphy, F. S. Crawford, W S.
Fielden, J. Napier, Sir Charles Yorke, H. Redhead

MONEY MARKET and CITY NEWS.

FROM THE MORNING PAPERS OF YESTERDAY.

TIMES.—The reports adverted to yesterday on the
subject of the conversion of Exchequer Bill's, have proved.
to a certain extent at variance w►th those official state-
ments which it became the duty of the Chancellor of the
Exchequer to make last night to the House of Commons,
but the result is essentially the same, as it appears that
the whole of the proposed subscription has not been
filled up. There arises this further difference, that
no intimation is given of a disposition on the part of the
Bank of England (a point which yesterday met with
very general belief) to provide for the sum left' deficient
in the subscriptions of private capitalists. The mode to
be adopted by the Treasury to make good the deficiency
is now declared to be that of selling stock to the extent
that may be required.
Some explanations appear to be looked for in the City,
as to what is meant by the' sales of stock," which are
to be the available means (beyond the subscription) of
the Chancellor of the Exchequer. No stock is known
here to be disposable for sale by the Treasury, except
that of the Savings' Banks ; but i f that is the source of
supply, it ought, undoubtedly, to be distinctly stated.
The National Stocks have further declined to-day, as
also Exchequer Bills. The decline in this latter security
is, however, not at all remarkable, since, as the conver-
sion is now at an end, there is no call for them in the
Market.

HERALD.—The considerable fall in the Brazilian
funds to-day has naturally attracted a great deal 'of at-
tention. The cam eis attributable to the non-appear-
ance of the expected advertisement of the dividend pay-
able on this stock at the usual time, and the certainty
now so well understood that not only no funds have been
received from Rio Janeiro on account of the payment,
but also that the negotiations in progress for raising the
means here have terminated without any result. The di •
vidend in question is due on the Ist proximo, now
close at hand. The new Brazilian Minister does
not seem to be so fortunate or so acute a financier
as his predecessor. There are various reports in cir-
culation as to the causes of this failure in raising mo-
ney. One report has it, that, as the bonds of one of
the loans are about eight per cent. below those of the
others, on account of being thought, for some reason or
other, not quite so secure, the capitalists applied to have
refuied to make advances, except on the condition of
being allowed a conversion scheme of the lower priced
stock into new bonds of the same stamp and conditions
as the higher priced stocks. This conversion scheme has
something like the appearance of a peg, on which to hang
some goodly charges for commission, agencies, &c., in
addition to the interest and premium to be bargainefor,
and exacted on the money advanced. It is not exactly
apparent in what the difference of security between the
two descriptions of stock consists, but the effect of the
use made of the discovery has been to depress the value
to 64 to 65, being a fall of 3 per cent.
ADVERTISER—The principles of a more enlight-
ened commercial policy between nation and nation can
hardly be expected not to extend to our colonial posses-
sions, and while brother Jonathan is about to trammel
`he industrial interests of the people of the United
more onerous import duties, it is gratifying
stati4,- as well as of all who deal with them, by the im-
,Canadian neighbours are inclined to
position 0:
course of policy. A very opthpaotl:t ies
to
the observeyery
interest-
ing debate had taken place in the Legislative Assem-
bly of Canada, in relation to those matters, just
before the date of our accounts, to hand yesterday,
viz., the 31st ult. Undoubtedly
.some of the speakers
upon this occasion gave expression to views which are
of too chimerical a character, but the majority of the
members seemed to think soundly on the subject. A
Mr. Merrit said he would propose to the mother country
a system
of free trade. The Canadians would abandon
their import duties, and she should abandon all her
duties upon Canadian exports, by which North America
would become part and parcel of the empire ; and he
would substitute for the revenue which Canada now
derived from her imports, which did not exceed 40,000 i.
the-tolls which would be received from the St. Lawrence
Canal. He attempted to prove that it this were done,
Great Britain would be the gainer.
POST.—Letters from Lima to June 21st mention that
there was little or no chance of the attempts making to
upset the existinc, Government of Peru proving success-
ful.- e.
Everything was going on prosperously under Ga-
marra. The returns of produce and minerals showed a
rap id increase. The attention of the people was begin-
ning to be turned to the cultivation of cotton and silk.
The facilities afforded by the Steam Comm!), appeared
to give new life and energy to the Republic in all its de-
partments. The mines of Pasco had been yielding large
quantities of treasure, and quicksilver was selling, for cash,
at 160 dollars per quintal, or 100Ibs. There was an im-
mense stock of foreign goods on hand, go that prices
were low, liut if peace could only be preserved It was
anticipated that everything would find purchasers, and
that better markets would be experienced. Chili was
getting on exceedingly well. 'Tranquillity prevailed
throughout the land ; the Republic kabala likely, be-
fore long to .exhibit a display of wealth which is riot.
to be equalled in any other part of the globe ; and it is
assumed that the remittances now regularly made to
Europe for the payment of her dividends may
be taken as a guarantee of the honest inten•
tioa.s of the Administration. An unpleasant feel:
ing had been excited by what is deemed the
undue interference on the part of foreigners in the"
politics of the State. They are declared to enjoy as
many privileges as they can expect or desire, am). the
h ast they can do, therefore, it is thought, is to mind
their owe affairs. Apart from this improper meddling
in the Government of the Republic, the disposition of
the natives towards strangers was perfectly amicable.
The prospects of the Pacific Steam Company were still
highly flattering. The only drawback to its advance-
ment that had occurred was the striking of one of the
boats (the Chili) on a rock near Valparaiso. The
steamer in question sprung a leak in consequence of the
accident, which would oblige the commander to take her
to Guayaquil to repair.

" We are both matters of taste," as the ginger-
bread said to the fine pictures.