The Sun.
London, England, 1848-09-19 00:00:00

MARKET INTELLIGENCE.

(Frem the London New Price Current of Sept. 19.)
SUGAR.—To-day (there was no change for the better
in the position of the raw sugar market. folders of
West India refused to make any further concession in
prices, but on the other hand refiners and grocers ope-
rated with caution, and privately the purchases did not
exceed 500 hhds, &c, There is a desire to accept former
low rates for all sorts. At Auction 152 Wads, and 6 trcs
of Barbadoes Sugar, a small part only sold at easier
rates ; fine yellow 40s to 425, (good 38s to 39s 6d, mid
36s 6d to 38s, and low 36s per cwt.
REFINXD.—To-day prices are further depressed for
refined goods, brown grocery lumps were offered at 48s
to 48s 6d, and Standard lumps 49s 6d per cwt, still
few buyers were to be met with. For Bonded Crushed
Sugar the market is firm, and a good demand exists,
first sort 27s to 27s 6d, and second 26s to 26s 6d per ewt.

MAURITIUS.—This afternoon there was not much de-
sire evinced to do business in Mauritius Sugar, and
4,277 bags at auction went 6d per cwt cheaper, but the
whole sold; middling yellow at 34s 6d to 355, fine brown
33s 6d, syrupy 33s to 375, inferior 28s to 30s 6d, washed
32s to 36s per cwt. The chief portion was out of con-
dition. _ _

EAST INDIA.—This afternoon two parcels of Bengal
Sugar amounting to 2,900 bags were offered at auction,
and the whole sold ; white at full rates, but grainy went
rather cheaper ; Benares, fine white sold at 42s to 435,
middling and good 40s to 41s 6d, damp and washed
37s 6d to 41s fine strong grainy yellow 293 to 41s, good
38s 6d, middling 36s 6d to 37s 6d, fine white 43s 6d to
478, damp and washed 37s to 47s per cwt.
FOttEIGN.—To-day there was no public sale of Foreign
Sugar, but privately 2,000 chests of fine yellow Havannah
found buyers for exportation at 22s to 22s 6d, but chiefly
at 22s Gd; a cargo of mid yellow at 18s.
COZBEE.—This afternoon Plantation Ceylon was
dealt in with freedom, and 1,596 bags at auction sold at
firm rates; good 55s to 565, mid 42s to 495, low mid 39s
to 41s, fine tine ord 35s 6d to 38s, Sae ord 30s to 345,
good ord 28s to 29s 6d, low 26s 6d to 275, pea berry
47s 6d to 565, dam 22s to 43s 6d. Native is not much
wanted, and 1,700 bags sold Gd to is cheaper; real good
ord 28s, good ord 27s to 27s 6d, ord 26s 6d; 7 trcs of
Jamaica, tine fine ord 38s 6d; 1,492 brs washed Rio went
28s 6d to 29s for fine ord pale.

TEA.—Green has been operated in with elation, and
as there is a larger quantity on offer, prices have slightly
given way. For Black there is less demand, and pre-
vious rates cannot be obtained, although there is no
material increase of supply. The value of common
sound Congou is Bd, and good ord 84-d to 9d per lb.
SPIRITEL—Brandy has been in excellent request, and
in consequence of a decreasing stock, and large deli-
veries, holders display ranch firmness. Cognac, best
brands of the vintage of 1846 is selling at 4s 10d to ss,
ditto 1847 at 3s 10d to 4s, inferior 2s 6d to 3s Bd, and Bor-
deaux 2s to 2s Gd. The rates asked for Geneva are 2s to
2s ld for shipping kind, and 2s 8d to 3s 6d for home
trade sort; the stock does not larger. British mad
still finds a ready sale at former rates; there is also
much firmness in the market, and stocks are small. To-
day there was much dulness in the market for Rum, and
a desire is shown to sell—proof Leewards at is 7d for
plain quality, and East India is 54d to is 6d per gallon.
RICE.—To-day little desire was shown to do business
in East India Rice by private treaty, and 2,317 bags
Madras at public sale went 6d cheaper—good pinkey
white at 9s 6d to 10s, middling 9s 6d, good and fine
cargo 8s 6d to 9s, ordinary Bs, good pearl barley 9s,
damaged 3s 6d to 9s per cwt.

CocOA.—For West India the market looks firm, and
little has been offered at public sale. Purchases to a fair
extent have been made by private treaty upon fully
former terms, red fetching 39s to 445, and grey 38s to
42s per cwt. There are still few buyers of foreign, and
30s to 34s is the value according to quality.
MOLASSES.—Few sales have been made by private
treaty, and sellers are disposed to accept ratber lower
rates. At Auction 100 puns of old West India were
taken in at 15s per cwt, finest new will not fetch above
18s 6d. The stock is still much smaller than last year.
Bengal Treacle is held for 15s to 16s, but few buyers are
to be met with.
SPICES.—There is not much demand for Ginger for
home trade purposes, but export orders come in more
freely. At auction 28 casks and 113 brls of Jamaica
were all sold. Of Black Pepper large parcels have come
to hand lately, and as orders are small sellers are inclined
to accept rather lower rates for all sort& Of 1,000 bags
Malabar offered at auction, a small part only sold at 2id
for fair half heavy gray whilst 1,000 bags Penang were
taken in at 21d to Sid for ord dusty bright grey.
White is in fair request privately at from 4d to 6d per
lb. Of Cassia Lignea the stock is nearly exhausted,
and holders in consequence ask the high rates
of 66s to 76s for low to fine, but very little
desire is shown to do business. Pimento met with more
attention, and realised stiffer rates. For Cloves there
is a brisker sale, prices are firmer; Nutmegs are not
cheaper, although there are arrivals, and buyers ope-
rating with caution. Cinnamon is offered at last sale
rates, and there are few buyers.
Flss
peracr roinT.t
i—n
cwt.,uTe bhtueot valuee
larger New.
Rios:
aneNorte. wa
OVlda brisklCenudcrierama
nßatnas
di sa, ins is still
salei-
-4vas
at 34s to 39s per cwt, and there is a fair stockraend dull
here.ar r
of
SALTPETRE.—British refined is much wanted at 29s
6d to 30s per cwt, and at which there are not will-
ing sellers. Refiners have many orders on hand, and
there is an enlarged consumption. Holders of rough
show much firmness; and on the part of exporters and
home trade buyers much desire is evinced to operate,
whilst the rates paid are fully equal to those previously
current. For Nitrate of Soda quotations aro 12s 6d to
13s per cwt, and only small parcels have been sold.
INDIGO.—For the 14th of October 8,445 chests East
India is bow declared. There is firmness in the market;
and a fair home and expoit demand exists at prices
rather above those of the last quarterly auctions.
Spanish is held for fully last weeks' rates. At auction
140 serons Gustemala were disposed of 2s to 3s 9d for
tortes and Sobres.
Oms.—Arrivals of Fish Oils are again of little con-
sequence, and as deliveries continue to get larger holders
display firmness, and refrained from submitting any to
public sale since this day week. Seal has been in excel-
lent demand, and prices are looking up. Southern is
much wanted, and better prices are again paid. Cod has
been sold to a lair extent at 231. 10s. to 241. per tan,
There is greater firmness on the part of holders of
Sperm, buyers also operated with more freedom by pri-
vate treaty, and stiffer rates are paid. None has been
offered at auction and their is an improving consump-
tion. Linseed Oil is not iat4eh wanted for home trade

purposes, and exporters also operate with less free-
dom, prices are not so firm, and rule at 22s 3d to
22s 6d per cwt on the spot. For forward delivery there
has been only a small amount of business concluded, al-
though sellers are disposed to accept 22s 6d to
22s 9d. There is an active demand for Rapeseed
Oil. In Olive large sales have been made, and
higher rates are paid, the stock is still getting smaller.
Prices have ceased to decline for Cocoa Nut, still the
demand does not get better, and a small part only of 480
pkgs at auction was sold 29s 6d to 40s 6d per cwt for
good and fine quality. For Palm an active demand has
been experienced, and advanced rates are paid. Lard
Oil is not much in demand.

Tau ow.—There is still a brisk demand for Russian
on the spot for all purposes, and prices are still on the ad-
vance, fine new P. Y. C. realising 47s 6d per cwt. On
the part of holders there is also much confidence. For
delivery a good business has been concluded for
the last three months of the year at 47s 3d to 47s 6d,
and some sales have been made for the early part of 1849
at 48s. There is an active demand for home made, and
prices have risen to 47s to 47s 6d for prime melted,
nett cash, but the quantity on offer is yet large.
Other kinds met with ready buyers, and at advanced
quotations. The value of Rough Fat is 2s Bid per stone,
which is an advance. Tallow is is to 2s per cwt higher
than at this time last year.

THE PRINCE DE JOINVILLE ON
THE POLICY OF LOUIS PHILIPPE.

The Akbarj of Algiers. of the 12th instant, pub-
lishes a letter from the Prince de Joinville to the
Duke de Nemours, dated from on board the Souve-
rain at Spezzia, 7th November, 1847. The letter is
thus introduced by the Akbar
" Every one here knows that the Prince de Joinville
was sent to Algiers a month previous to Feb. 4, on ac-
count of his active opposition to thepolicy which had then
for some time been adopted by the Cabinet of M. Guizot.
lie under no circumstances suppressed the expression of
his repulsive feelings towards a policy the dangers of
which he could not conceal from himself. On arriving
in Algiers, his first words were--' They are leading us
to a revolution.' The subjoined letter, which has never
been published, was fou. nd on February the 24th, in the
Tuileries, and a copy ofit was taken by the person who
has communicated it to us. In it will be found
the lively and free expression of the sentiments above
spoken of."
The letter is as follows :

"My dear Tan,—l write to you, because my mind
is disturbed by the events which I see accumulating
around us from every side. I begin to be seriously
alarmed, and at such moments I love to gossip with those
in whom I have confidence. The death of Bresson is a
great blow to me (m'a etc funeste), and I think it has
bad the same effect upon you. I lay aside the sad im-
pression it has made at Naples, where the laws on
suicide are so secure; but what affects me is the seeking
out the causes of his misfortune. Bresson was not
ill; he executed his design with all the coolness of a re-
solute man. I have from Naples letters written by De
eo
randewnacse others,rsrtri
taan strange
ed whichl againsta language
gul eaagv
uMs
ectdn doubts.teasts uFjyril
eteh ir
elias
pi sneegcat, ri
:aeon yd
hana
him.any
The King is inflexible, and will no longer listen to any
advice ; in fact, his will must predominate over all.
People will not fail to repeat, and will enlarge upon
what I consider as dangerous—viz., the action which
he (le pyre) exercises over everything. This inflexible
action, when a statesman compromised with us cannot
vanquish it, leaves no other resource than sui-
cide. It appears to me to be difficult this
year for the Chamber not to turn its debates
upon this anermal state of things, which has oblite-
rated the constitutional fiction, and brought the King
forward as a party in all questions. There are no more
ministers ; their responsibility is null ; everything
emanates from the King. The King is arrived at an age
when observations from others are no more admitted.
Ile is habituated to govern, and loves to show that it is
he who does govern. His immense experience, his
courage, and other great qualities, make him affront
danger with audacity; but the danger nevertheless
exists. This false position will, I believe, be this
year prominently discussed. It will be said that
the constitutional Government was established par-
ticularly to avoid the alternative of seeing the throne
occupied by a man who is too old, or by one who
is too young ; to calm the too great ardour of sove-
reigns, or to supply that which is wanting in them. In
the present case we have need of two things, but both
of them are wanting. Our condition at home is not a
good one ; the state of our finances, after a peace of
seventeen years, is not brilliant. Abroad, where we
might have found some of those gratifications so dear
to our country, and by which its attention, is turned
from snore serious evils, we do not shine much more.
The accession of Lord Palmerston, by awakening the
impassioned mistrust of the King, has made us under-
take the Spanish campaign, and invested us with a de-
plorable reputation for bad faith. Separated from
England at the moment when the events of Italy hap-
pened, we have been unable to take that active part in
them which would have flattered our country, and have
been in accord with the principles we should never have
abandoned, because it was through them that we be-
came what we are. We have not dared to turn our
hand against Austria, from .fear of seeing England re-
constitute the Holy Allance. We come before the
Chambers with a deplorable state of things abroad,
and with one not much better at home. All this
is the work of the King alone. The result of the old
age of a king who will govern, but whose powers are too
weak for him to come to any virile resolution. The
worst is that I cannot discover any remedy. What will
be said and done at home when our sad financial situa-
tion is exposed? what can be done abroad to raiso our
position
and enable us to follow a line of conduct in
conformity with the wish of the country) It is cer-
tainly not by making an Austro-French intervention in
Switzerland that we shall gain what the campaigns of 1123
won for the Restoration. I had hoped that Italy would
afford us that derivative, that change of which we had
so much need; but it is now too late, the battle is
lost ! Here we can do nothing without the concur-
rence of the English, and every day, by suffering them
to gain ground, we are per force thrown into the op-
posite camp. We can now do nothing more than re-
tire,
because by remaining we shall be forcibly led to
make common cause with the retrograde party, which
in France would have a disastrous effect. We have
not yet drained the bitter cup of these unlucky Spa-
nish marriages. To conclude—ln France, dilapidated
finances; abroad, placed between an honourable amende
to Palmerston on the subject of Spain, or a common
cause with Austria to play the gendarme in Switzerland,
and fight in Italy against our principles and our natural
allitaTe All this is caused by the King, the King alone,
who has perverted (fausse) our constitutional institu-
tions. I find all this very serious, because I fear the
questions of ministers and portfolios will be set aside,
and that is a great danger when, in preesence of a
bad situation, questions of principle are set up. If, in-
deed, we could find any event, any affair to conduct vi-
gorously, and which by its success would rally our
party a little, there would still be a chance of gaining
the battle; but I see nothing. You will excuse this
epistle, for we require to feel our way. Forgive me for
what I say of the father (du p&e); it is to you alone that
I say it; you know my respect and affection for him; but
it is impossible for me not to look into the future, and it
frightens me a little.

TUESDAY_ EVENING, SEPTEMBER 19, 1848.

CHRONICLE.—We have said that Lord Grey re-
ferred the report of the Legislative Council of New
South Wales (on the " Regulations" for the disposal of
land) to the Land and Emigration Commissioners, and
that their answer to that report is now published. We
have great pleasure in hearing testimony to the ability
with which that answer is drawn up, and to the sound-
ness, speaking generally, of the views which it embo-
dies; at the same time, disapproving of the " Regula-
tions" as a whole, we regret that the success with which
the Commissioners have defended one part of them—
that relating to the price of land—is neutralized by the
tacit sanction which they givelto another part—that,relat-
ing to squatters. As we have already observed, the chief
force of the argument used by the colonists against the
maintenance aril/. per acre as the minimum price of
land, lies in the coincidence between the establishment
of that price, and the falling off in land sales—the colo-
nists contending that the former is the chief, if not the
sole, cause of the latter. To this point, accordingly,
Messrs. Murdoch and Rogers first addressed themselves.
In 1827-38-39 and 40, an extraordinary mania, as
they justly observe, for buying land, prevailed in
Australia ; and the results were, on the one hand,
the creation of a large land fund, and consequently
a considerable immigration at the public expense—but,
on the other hand, the absorption of nearly the whole
available capital of the colony, and a proportionate re-
action in the value of land. At a time when the colonists
—not 100,000 in number—were thoroughly impoverished
by the immense drain which their resources had ex-
perienced, they found themselves in possession of five
million acres of land, which they did not know what to
do with. At about the same time came " Lord Stanley's
Act," raising the price of land, but unfortunately not
soon enough to prevent this enormous accumulation of it
in the hands of individuals; yet just in time to give
coheir to the assertion, that the effects which could not
but follow directly from that accumulation were really
attributable to another cause. The illustration used
by the Commissioners is an extremely apposite and
forcible one. In 1844-45 there was an analogous mania
in this country for investigating capital in railways,
andiin the latter year 1,129 projects of that nature were
registered; but from that time the number rapidly
decreased, until 1848, in which year not one was regis-
tered. Now this is quite as striking an instance of re-
action as has taken place in the land sales of New South
Wales; and if had happened that, at the end of 1845, a
law imposing (designedly or otherwise) additional diffi-
culties in the way of railway investment had come into
operation, the reaction, which we now see to be a per-
fectly natural and even wholesome process, might, with
quite as much plausibility, have been attributed to that
law, as the reaction in Australian land-sales to the rise
of price. The same process which ruined Western Aus-
tralia operated, though with less injurious effect, in New
South Wales, causing the accumulation of excessive
quantities of land in the hands of individuals, and the
consequent depreciation, or rather annihilation of its
value; so that not only the sale of Crown lands sunk to
an extremely low point, but, as several of the witnesses
examined before the Committee state, there are vast
tracts now for sale at less than the lowest price for
which it was ever sold by the Government. We con-
clude, then, that if " the exchangeable value of an
acre of land in New South Wales is not twenty shil-
lings," the reason is, that the supply of it greatly exceeds
the demand; and the only remedy for such a state of
things is—not to add to that supply by facilitating the
acquisition of more land—but (if practicable) to acce-
lerate the desired equalization by measures tending to
restrict the supply. The colonists urge that the high
price of land in New South %Vales makes it less attrac-
tive to settlers than other countries where land is cheap.
We believe that it is the cheapness, and not the dear-
ness, of land which constitutes the great drawback to
prosperity of New South Wales, as it undoubtedly does
to that of Western Australia and our American colonies.
If mere cheapness of land constituted attractiveness, we
could point out many countries where 10,000 fertile
acres may be bought for a musket and a few beads.
It is quite true that land is not worth twenty shillings
an acre for pastoral purposes, but no more (accord-
ing to the testimony of every witness examined) is
it worth five shillings ; and the general opinion seems
to be that it is not worth buying at all. Used
as an argument, therefore, for any specific reduction of
the selling price, that fact is absolutely worthless; in-
deed the refusal of the colonists to recommend any such
specific reduction shows that they perceive how clearly
they would, by so doing, expose the weakness of their
own case. We have, next, to consider the tobjection
which is urged by the colonists against the other part of
the t" Regulations" alluded to, and which Messrs. Mur-
doch and Rogers pais almost unnoticed—that part,
namely, which relates to " squatting leases." On this
point we think the colonists altogether in the right, and
Lord Grey altogether in error. In the first place it is
extremely wrong to give the Governor the arbitrary power
of deciding on the rights and properties of individuals,
which, according to the regulation enabling him to say,
what shall be "‘ settled' and what shall be unsettled'
land, he possesses. But a far more important objection
lies to what the colonists justly term the practical fixity
of tenure, which is given by leases of 14 years certain,
with a right of preemption; and a further right
of renewal, if one-fourth of the run be not bought, at
one-tenth of the rent reserved on free grants. Agreeing
in Lord Grey's opinion, that the over-supply of land is
a very great evil, we can conceive no course more in-
consistent with that opinion than a policy which (as the
colonists justly maintain) will make land a drug, anni-
hilate the capital vested in it, and expose the purchaser ,
for a good consideration to a ruinous competition with
the occupant who acquires land at a nominal price. Nay,
we feel with them, that if this part of the regulations be
adhered to, all haggling about the "price of land" is
superfluous; for, of course, nobody will give 11. an acre
for Jand if he can get it for next to nothing; but neither,
wo should think, would he give ss. In fact, the regu
lation appears to us equivalent to a grant of all the waste
land iii the colony to the first persons who apply for it
at the nominal rent of one-tenth of a penny—which
must necessarily amount to a prohibition of sales. We
are not to be understood as deprecating a system
of pastoral licenses ; for we are quite aware that squat-
ting must take place in a country like New South Wales;
and, indeed, it is highly advantageous and profitable that
it should do so, and we are inclined to think that no pe-
cuniary restriction, however small, ought to be imposed
upon it. What we object to is the " fixity of tenure,"
which the squatters have been allowed to anticipate and
to claim, and which Lord Grey's " fourteen years' lease,
with a right of pre-emption,' makes practically corn
plete. A free enjoyment of pastoral rights over unoc-
cupied wastes would, by attracting and creating capital,
increase the fee-simple value of every acre in New
South Wales, just as the fisheries on the banks of New-
foundland increase the value of St. John's ; but the
practical possession of those wastes in perpetuity, at a
nominal price, of course annihilates the selling value of
the legal fee-simple. While the colonists are objecting
to a high price as preventing the sale of land, they for-
get that a disturbing cause exists, which
,makes any
price impossible. While they complain that 20s. is
asked for land which is not worth that sum, they refuse
to see that the true source of the evil lies in a policy
which prevents its being worth any sum at all.
HERALD.—Though there has evidently been some
exaggeration in the accounts received of the rebel diss
tut bances in Waterford, Kilkenny, and Tipperary—there
is in every country exaggeration under such circum-
stances, and in Ireland more than in any other—yet no
man of common sense can doubt that there is in the con-
dition of the sister country much to appal the timid, and
even to cause apprehension to the stout-hearted—appre-
hension not certainly of the ultimate result—apprehen-
sion not as to the final quenching and extinguishing of
the rebellion—but apprehension, humane apprehension
that it can only be qaenched and extinguished in Irish
rebel blood. This is the apprehension felt by brave
men in her Majesty's service, and is certainly long Since
known to wise men—to men well acquainted with Ire-
land and thoroughly knowing Irishmen—to such men as
the Duke of Wellington and Lord Stanley. That Whig-
Radical Ministers are imbued with these feelings,
or impressed with this responsibility, we do not be-
lieve. Place-coveting, faction-stained, and besotted
men, they know neither the dangers nor the
remedies for the many evils their rule has
brought on this empire. But Providence has so willed it
that the army is now in the hands of the Duke of Wel-
lington, and that is to announce to all men that the
horse Guards at least is wide awake as to the nature and
exigencies of the present Irish crisis. All the available
marine artillery from Woolwich and Portsmouth have
been ordered to embark at once for Ireland, and 200 men
of that force have, while these lines are under the
reader's eye, been landed on some portion of the coast:of
Ireland, with the proper amount of officers, and a bat-
tery of four guns. No one can have witnessed the
practice of the Marine Artillery, without feeling per-
fectly conscious, that it is the most perfect service of
the kind in the world; but, at the same time, it may be
well doubted, whether, unaided by other branches of the
service, it is the fittest to undertake the harassing du-
ties which will now be cast upon it. We are not about
to commit the folly of schooling those who know much
more on the snbject than we possess; but, at the same time,
we would suggest to General Macdonald to be prepared
for a desultory and guerilla warfare—very harassing in
its nature, and often fruitless of result. In dealing with
the rebels of Kilkenny, Waterford, and Tipperhatry,
should feel his way cautiously by videttes, by
skir-
mishers, and, to borrow a word from thecCal light
by bush-rangers. No troops are more calculated Cape warfare
for
active, and
such a service than the rifle corps—light,
composed of first-rate marskmen—it even a rifle corps
should feel its way cautiously—should creep, so to speak,
about the mountains and fastnesses, and never advance
a step too far into thicket e
would be gained if the General vi
rarlane. A great point
p commanding could,
among the servants and dependlleuntitstsmofent, whippers-in,
gains ob-
tain the necessary scouts.
game•beaters, game-
keepers, woodmen,,, to whom in
Ireland the generic term of M
es is applied,
&c., might be brought into requisition, and pushed
forward in twos and threes at considerable distances
from each other. Many volunteers, gentle and
simple, would follow men thus knowing the bye-
paths • and posses of the constabulary might be first
pushed on before a rifle or light infantry regiment.
se such sort the army would be forewarned, and
every shot would tell. The experience of Sir J. Mac-
dondn Sicily, Spain, and Portugal, has taught
he nature of guerilla warfare, and he has nothing 'two
learn but the character of the people,
and the nature of
the country. But herein lie the only difficulties of the case.
The nature of the country is most favourable to such a
peasant warfare, and the character of thee people is an
pn
enigma to those not initiated. In ourg ines upleaars
tmr
y-
paigns the "rodomantades Espa
nolles" of tfi
were the wonder, if not the admiration, of our army ;
but the boasting, the romancing, and the' fanfaronnade
of the Ibero-Celt must "pale its ineffectual ray " before
the more fast and furious fires of brother Pat. What
with lying, false news, affected ignorance, and positive
knowledge as to things happening, and never about to
happen, the general must be occasionally sorely puzzled.
Twho
efiren dans,
erveelni a btlhee
honestperson will be the great difficulty,
and the g, are •

prone to more than Oriental colcuring and eOgge.
ration. Though every sane man in England, and
indeed, in the world, sees that this prsedial, agra•
rian, and Communist rebellion must be put down,
yet we cannot choose but think that the putting it down
will be much more tedious and difficult than is in Enrf
„f
land commonly imagined. The people are, many of
them reckless—many of them distressed, and man/ "
them acting under the full conviction and belief that thel
may as well die by the sword or the axe as by the slower
and more lingering death of starvation. Others of than,
better off, cling to the hope of holding fast the produce
of their land and labour, and paying neither rent, tithe,
nor taxes—others of them again relinquish net the ides
of regaining a good fat stripe of a country
which has
been three times confiscated. These are the richer 203
more intelligent rebels, who treasure up Ortelius's Int
of Ireland, in which the properties dull the O's and;bl""
are carefully registered. To regain these broad fat acresof the heretic and Cromwellian is, to the pious lioreo3
Catholic a sufficient motive for a religious, and, to the
worldly and covetous kerne, a sufficient motive for I
servile war. The tatterdemallions of the towns, and th:
ribbon-instructed conspirators of the country, only look
to pillage, plunder, and the neglect of industrial pur-
suits. The great O'Connell, now no more, showea,
them the example of a life of luxurious idleness, so
there is not one Milesian among them all Rho
does not wish to eat and drink as much—to tali"'
much—and to work as little as the late M.P. for Cork
county, of wordy, and place-taking, and Repeal-prornis'
ing, and non-performing memory. Plunder is now in-
deed (a popular passion in Ireland. Within the pis'
week, at Fraukford, in the Queen's county, in that very
Saxon division of Leinster, 150 of the fine peasantry a°ci
sembled, and cut down a large quantity of corn, ,3n f
within the last four or five days, an entire cock
wheat has been taken from a field near ClonmeL
dozen carts and three score of men must have been 3c.„.
copied for several hours in its removal, yet no 210 f;
was given, nor a finger raised to prevent the villains
from plundering it wholesale. Sheep and cattle h 2"
been also taken in large quantities, and broiled a k,
Laurence, on a monster gridiron. Such aloyaus ald 95,
such gigots a la cognmunisrne needed no such indifferent
chef as Soyer to spit or roast them a rail, or a la PID:
rencale. Now that the Irish peasant has tasted of this
flesh-pot, it will not go very hard with his stornseu
while a Heretic ben-roost, or a Protestant Pigge*
stands, as they say in Ireland, to the fore. These Ire
the Whig-created difficulties of the situation, and there
is a bitter comfort in thinking that Whigs have to do.,
with them.

" Nec lex justior ulla
Quam necis arbitrium arte perire atm"

BANK OF FRANCE.
• The following is a return of the situation of the Banig
of France on Thursday, Sept. 14, 1848:

♦OBETB.

Cash in coin and ingots
Ditto in branch banks
Bills over due ••• ••• .••
Bills becoming due in Paris, of which
18,702,713 f. 37c. are from branches 76,071,468 4°
Bills in the branch banks ... . 123,270,870
0°
63
Advances on coins and ingots... ... 14,411,004 5
Ditto on French public securities ... 34,033,996 6,
Ditto by branch banks...
... ... 1,510,904 Ow
Ditto to the State on Bons du Tresor... 50,000,000 0°
Advance to the State on the loan of

. f. 124,845,624 81
95,878,370 00
268,529 36

150,000,000 f.
Stock forming reserve
Rentes. disposable funds
Investments of the new branch banks in
the public funds ...
Hotel and furniture of the Bank ...
Real property and branch banks ...
Loan of 10,000,0001. to the city of Paris
Interest in National Discount Bank ...
Interest in old Departmental Banks in
National Banks of Towns ...
Bills protested in the Bank ...
Ditto in the branches ...
Expenses of administration of the Bank
Ditto of the branches
Miscellaneous
Consolidation of Treasury Bonds ...

25,000,000 00
103:090002;130400 00
6.
3 2

12,806,741 32,
4,000,000 ov
2,521,754 00
500,000
N
0°
200,000

230,000 04
16,923,616
9,837,511 `1,,,
253,751 „.„,vi
505,308 00'
723,927 8;
6,997,270

f. 643,743,061 51

LIABILITIES.

f• .67,900,000 00
• 23,350,000 `o°_,,
• 10,000,000, 'eu,
• 2,980,750 14
• 4,000,000
▪ 319,675,500
• 61,927,500' ou
▪ 981,625 10
• 41,121,320 42
▪ 79,585,73‘ SO
23,724,394-
2,896,800' tiv
2,31i,315 00

Capital ... . „
Ditto of the new Branch Banks
Reserve fund ...
Ditto of the branch banks ...
Reserve- immobilie re ...
Notes to bearer, in circulation ...
Ditto of the branch banks ...
Ditto to order (post-bills) ...
Account-current with Treasury
Various accounts current
Ditto in branches
Receipts payable at sight ...
Ditto at branches ••• ••• •••
Bills of the branch banks payable by
the Bank .„,
Ditto of the Bank payable by branches..
Dividends payable .
Liquidation of the Algiers Bank ...
Discounts, interest, and expenses ...
Ditto branch bank ...
Re discounts of the last six months ...
Ditto in branch banks
Miscellaneous ...

5,213,463 '46
2'8394°7,74751: 1 9°°s,
962,134 41‘
1,165,692"
_9/n
1,441,102
422,932 !21
641,216. IN
189,153 111