The Sun.
London, England, 1848-01-11 00:00:00

HE SUN, LONDON, TUESDAY EVEN,ING, JANUARY li, 1848,

from the principles of a pure and exalted patriotism
rather than from a disea:•ed anxiety to evince an un-
necessary bravado by increasing the national ex-
penditure.

Among both parties there may be discerned much
that is apparently reasonable, among those who
conceive the notion of an invasion to be
a rational possibility, as well as among those
who receive it with incredulity and derision. With
the former the principal reasons for an interference
on the part of the Legislature, and for a comprehensive
re-organization of our insular and maritime defences
are the following :—The changes effected in naviga-
tion by the application of the steam-engine to war-
vessels, and the extraordinary state of preparation in
which the naval and military departments of France
are, when contrasted with the equally extraordinary
absence of preparation observable among ourselves.
It is maintained by the Commander-in-Chief that,
as matters are at present conducted, an incursion
on the part of our neighbours, would in all likeli-
hood redound to our discredit, by producing a suc-
cession of sudden and terrible disasters. According
to this illustrious authority (and the opinion is cor-
roborated by his apologists), in consequence of the
adoption of steam as a motive-power ordinarily
employed on the ocean, the Channel is virtually
no longer in existence, Dover and Calais are vir-
tually connected by a highway as easy of traffic
as a macadamised road, cleared by the Rebec-
caites. Virtually—they maintain—France is as
independent of time and tide as she would be in
marching her battalions into Piedmont. Virtually,
Great Britain is no longer an island. Thus it would
appear that every facility is afforded the Cabinet of
the Tuileries for dispatching a legion of conquerors
to London, under the banners of BUGEAUD, to fulfil
the predictions of Punch, and to realise the dream of
the Prince DE JOINVILLE.

By a very different style of argument, the op-
ponents of this rather unpleasant hypothesis pro-
test that England has nothing whatever to
dread from the proximity of so many
thousand well-armed and well-disciplined French-
men ; that our position is not a jot more vulnerable
than it was during the days of the Directory or the
Empire ; that, in short, if steam has effected any
appreciable alteration in our regard, as contrasted
with France, it has rendered us, if possible, less
liable to assaults, and more secure from surprises.
True, there are niagnificent works, either completed
or in active preparation, at Dunkirk, at Havre, at
Calais, at St. Servan, at Cherbourg, at Indre,
at l'Orient, at Brest, at Rochfort, and at Toulon ;
true, that enormous sums are applied at different
times for the prosecution of these noble undertakings,
such as 26,000,000 francs for the dockyard at Cher.
bourg ; 18,000,000 francs for the breakwater, in all,
44,000,000 francs as a single appropriation ; true,
that an extraordinary credit of 93,000,000 francs was
voted in 1846 by the Chamber of Deputies ; true,
that France has her coasts admirably forti-
fied, her metropolis unassailable, a standing
army of 300,00 A men, a vast and effective militia,
and a national guard accustomed to the rules of war,
if not to the rigours of a campaign. In defiance of
all these facts, acknowledging them and parading
them as CARACTACUS was paraded through the streets
of Rome behind the triumphal chariot of GEBALL-
NICUS, the antagonists of those who have originated
these ideas as to our national instability insist that a
moderate augmentation of our present system of de-
fences would be sufficient to render our power terrible,
ourselves unconquerable, and our island impregnable.
How far these latter arguments are based on reason
we shall hereafter take into consideration.

A division has taken place among the Young Ire-
lenders that bids fair to occasion a secession from the
Irish Confederation similar to that which took place
from Conciliation Hall about a year and a half since.
Mr. MITCHEL, one of the most eloquent, but also
one of the most indiscreet of the physical force
party, late editor of the Nation newspaper, has again
spoken out and repudiated the timid course 'pursued
by his quondam friends and associates. He mani-
festly pines after the honours of martyrdom, and is
taking the most certain means to attain his object.
We do not wonder that Mr. Duerr should be un-
willing longer to identity himself with a gentleman
whose notions are of so warlike a character, who
will not be restrained or remain contented to bide
his time until a fitting opportunity. Mr. Deere
has already had too painful an experience of official
prosecution, and Lord CLARENDON has too clearly
shown that he will not permit the laws to remain a
dead letter in his hands, and that it is not merely the
misguided *retches who actually commit outrages
and thus subject themselves directly to the penalties
of the law that will be brought to justice, but that
their instigators and abettors of a superior class will
also be compelled to answer before a jury of their
countrymen for any offences of which they may be
guilty. There can be no mistake about Mr. MIT-
CHEL, and he is fully resolved that there shall
be no mistake ; indeed, it is impossible for
any language to be more explicit than that which he
has used. The domestic traitors and the foreign foes
are too clearly indicated ti admit of any doubt as to
his meaning. Every constitutional mode of ame-
liorating the condition of the Irish people is de-
nounced as a palpable humbug, that should give place
to instant preparation for war, and a regular or-
ganization of a force to resist the domination of the
Saxer) enemy. He tells us " that all the symptoms
of landlord nationality, which had deluded us into
the Irish Council, and had kept us vainly moving
the aristocracy in the ranks of their countrymen
were a deliberate fraud—Here, in fact, a demon-
stration intended to act upon the English,
and that the Disarming Bill was the first fruit
of a new and more strict alliance between traitors
at home, and foes abroad." He then states what he
wished to have said through the columns of the
Nation, " Sayings which must speedily have led to
very decisive doings," had not Mr. DUYVY wisely
demurred and refused to permit the paper, of which
he is the proprietor, to be made the medium for the
publication of such doctrines. He also gives a rather
startling exposition of what he conceives to be "Te-
nant Right," and the only means by which it can be
obtained, in which we doubt not that the views of
many of the frieze-coated assistants of the Holy Cross
demonstration are set forth. We must, however, suffer
the Learned Gentleman to speak for himself. " I
desired (said be) to preach to them 'that every farmer in
Ireland has a right to his land in perpetuiey,
(let law say what it will)--that no landlord who
denies that right ought to receive any rent—that
tenant-right, however, though the universal right of
all Irish farmers, never bad been and never could be
recognised by English
,law—(vve should think not, if
his definition is to be received as the correct onej—
that there was and will be no other way of establishing
and securing that right except as in Ulster—by
successful intimidation, that is to say, by the
determined public opinion of armed men ; that
therefore, the power calling itself a Govern-
ment, which called on the people of Ireland
to deliver up their arms under any pretext, must be
the mortal enemy of that people, their rights, their
liberties, and their lives. I desired to warn my
countrymen accordingly, that if they should carry
their guns to the police-stations, when ordered by
Lord CLARENDON, they would be putting arms in the
hands of their deadly foes, and committing virtual
suicide. I desired to preach to them that the country
is actually in a state of war—a war of 'property'
against poverty'—a war of 'law' against ' life ;3
and that their safety lay, not in trusting to any laws
or legislation of the enemies' Parliament, but solely
in their determination to stand upon their own indi-
vidual rights, to defend those to the last, and sell
their lives and lands as dear as they could."
This is speaking out with a vengeance. It would
indeed be impossible, as the Premier might say, to
intimate more plainly his intention to violate the law
himself and encourage others to do likewise. There
is no concealment or mental reservation here : the
farmers are to hold their lands in perpetuity ;
any landlord who ventures to dispute this sum-
mary alienation of his property is to receive no rent.
The trifling return that for a time may be made
merely as a favour is to be withheld, and the right is
to be secured by " successful intimidation," or, in
other words, a repetition and increase of those agra-
rian outrages that have already brought disgrace on
too many districts, and for the practice of which two

unhappy and misguided men are at this moment
awaiting the extreme penalty of the offended laws.
The poor-law too, that which for the first time has
recognised the legal right of the peasant to a
maintenance out of the land on which he was born,
was to have been denounced, the guardians exhorted
" not to act under it, but in defiance to it, and the
rate-payers to offer steady and deliberate passive
resistance to it;" and, "in order to stop the fatal
traffic with England, that the people should determine
to suffer no cattle or grain to leave the country."
Such are the objects for which the most prominent
member of the Young Irelanders desire(
to agitate, and the manner in which the)
were to be attained may be gathered from
the following passage :—" I desired that 'the Nation'
and the Confederation' should rather employ them-
selves in promulgating sound instruction upon military
affairs—upon the natural lines of defence which
make the island so strong, and the method of making
those available—upon the construction and defence
of field works, and especially upon the use of proper
arms, not with a view to any immediate insurrection'
[not until, we suppose, the organization was complete,
and that the instruction had been attended with the
desired results], " but in order that the stupid legal
and constitutional shouting, voting, and agitating, that
have made our country an abomination to the
whole earth should be changed into the deliberate study
of the theory and practice of guerilla warfare, and that
the true and only method of regenerating Ireland
might in course of time recommend itself to a nation
so long abused and deluded by legal humbug."
We suppose the writer would have felt very indig-
nant if the stupid Saxon should have objected to
support his countrymen in idleness during the period
that they were to be so occupied, so that they might
have full leisure to attend to their interesting pur-
suits. It remains to be seen in what manner the
Confederation will act, whether Mr. MITCH3II, will
still remain a member of their body, and thus have
their tacit sanction to his aspirations. The revelations
he has just made will certainly lead to a valuable
result, as they will compel an explicit avowal of the
real objects of the Association.

The Bale Gazette of the 7th states that a mutiny
broke out in the garrison of Bale on the preceding
day, in consequence of the punishment of two sol-
diers for breach of discipline. Their comrades de-
manded the dismissal of thirty foreigners serving in
the garrison, and the liberation of the two soldiers
who had been imprisoned. A council was summoned
to deliberate on the steps to be taken, but the result is
not stated.

Madrid papers of the 3d have arrived.
The question of the impeachment of SALAMANCA
was on that day to be considered in the Chamber of
Deputies.
ESPARTERO was expected in Madrid on the 6th.
MADRID BOLSA, JAN. 3.—The Three per Cents.
261 to 27, at 50 days, ex dividend ; and after the
Balsa, 26 7-16 to cash; Five per Cents., 151
buyers; Passive, 5i sellers, 4j. buyers after the close.

that he earnestly insists upon being sent to the
Pachalic of Acre, and there join an uncle, who is a
wealthy landowner. We, however, are able to affirm
that the autograph letter of Abd-el-Kader does not
contain either of theses things. It is simply
an official letter, in which he renews his
submission to the King himself. Not a
word of Paris, Egypt, Mecca, or any other place.
The decrees of God have, he says, decided the fate of
♦bd-el-Bader. Driven to a surrender, he has chose*
from among his enemies that one which he knew to
be the most powerful, the most moderate, the most
just. He has been guided alone by the interests of
his country, and by his desire to save from violence
the women, the children, and the faithful servants of
his deira. It is said that this letter, in which all the
Arab style of etiquette is prodigally displayed, bears
the stamp of great finesse and a certain degree of
firmness. On the promise giVen to him by the Duke
d'Aumale, the Emir says not a word, and this is
assuredly the most astute manner of showing that it
is held to be good ; for not to renew a demand is to
show a belief that it cannot be refused"

A small pyramid is to be erected on the spot where
ABD-EL-KADER surrendered to the Duke D'AUMALE•

PARIS BOURSE, JAN. 10.-The market has been
dull to day, but prices have varied but little. The
Threes, at the close, were called at 75f. 5c.; Fives,
117 f. 20c.; and New Loan, at 75f. 95c. ; for the
end of the month. Three per Cents., for cash, 75f.;
for account, 751. 5c.; Five per Cents., for cash, 117 f.
10c.; for account, 117 f. 20c. ; New Loan, 75f. 95c.;
Bank of France shares, 3,215 f.; Neapolitan, 1021. ;
Spanish not quoted.
RAILWAYS.-The Share Market has been also dull,
and prices at the close were generally somewhat
lower. For cash, Paris and Orleans closed at 1,1981.
75c. ; Paris and Rouen, 9021.50 c. ; Rouen and Havre,
435 f. ; Avignon, 562 f. 50c. ; Strasburg and Bale,
160 f. ; Nantes, 386 f. 25c. ; Northern, 537 f. 50c. ;
Bordeaux, 4761. 25c. ; Paris and Strasburg, 406 f. 25c.;
Paris and Lyons, 387 f. 50c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, JAN. 10.
Northern of France, 11%—Orleans and Bordeaux, 5
Paris and Lyons, 5%.

CONFIRMATION OF THE ELEC-

TION OF DR. lIAAIPDEN.—(THIS DAY.)
This morning having been appointed by the
ecclesiastical authorities tor confirming the election
of Dr. Hampden to the see of Hereford, there was an
exceedingly full attendance of the clergy at the
Church of St. Mary-le-Bow, where it had been an-
nounced the ceremony would take place. Shortly
after eleven o'clock the Commissioner, the Right
Hon. Sir J. Lushington, Sir John Dodson, Queen's
Advocate, and Dr. Burnsby entered the church, and
took their seats at the table prepared for them, while
Dr. Hampden attended by his chaplain, and several
friends, took up their position in an adjacent pew.
There were alsu present, Dr. Addams, Dr. R. Philli-
more, Dr. 'laming, Dr. Byford, Dr. Seymour, and
other Learned Gentlemen.

The Vicar• General (Dr. Barnaby) presided.
The Conge de elire, and preliminary documents
connected with the election having been read,
The PROCTOR for Dr. Hampt rose and said :
Right Worshipful Sirs, I present to your Worships
the Rev. Renn Dickson Hampden, D.D., who has
been elected Bishop of the see of Hereford, in order
that you may confirm his election.
The VICAR •GENERAL then directed the Apparitor
to cite all who were desirous of opposing the confirma-
tion to appear ; and that officer having made the usual
proclamation intimating that all who s could, would,
or might, object to the performance of the ceremonial,
would be heard upon coming forward.
Dr. SEYMOUR advanced to the table at which the
Commissioners were sitting, and said he appeared to
oppose the confirmation on behalf of the Rev. Robert
Webster Hunter, the Rev. J. J. Clark, and others
whose proxies he produced.
Dr. LUSHINGTON said the Learned Gentleman
could not be permitted to appear.
Dr. ADDAMS protested, on behalf of the Dean and
Chapter of Hereford, against this denial of a hearing
after the terms of the proclamation, and insisted
upon his right to oppose the proceedings. He claimed
the right of appearing under the provisions of the Act
of Henry VIII.
Dr. LUSHINGTON admitted that the Learned Ad-
vocate bad a right to argue upon the construction of
the Act in question, and it would be for the Com-
missioners to decide whether the Learned Advocate's
construction was a proper and just one.
A lengthened argument then ensued upon the
provisions of the Act, in which Dr. Addams, Dr.
Seymour. Dr. Harding, and others, took part, who
contended that, under the provision of the Act, they
had a right to oppose the eloction, and urged that it
was an error to suppose that a writ of preemunire
could apply in this case. It was only applicable in
a case where the right or supremacy of the Pope was
set up against the authority of the Crown.
Dr. HARDING said it was a mockery of justice to
proclaim that all parties would be heard, and then
when opponents appeared, to refuse to listen to them.
This sentiment elicited a burst of applause, but it
was repressed, and intimation thrown out that these
expressions of opinion on the part of the public could
not be allowed.

Eventually the Commissioners decided that the
Learned Advocates could Hot be heard, nor could the
protests of their clients be received; and the ceremo-
nial of confirming the election was proceeded with in
the usual form, and in the name of the Queen and
the Church Dr. Hampden was proclaimed Bishop of
the see of Hereford.

The church, during the whole of the proceedings,
was densely thronged, while hundreds were obliged
to go away disappointed at being unable to obtain
even standing room. The proceedings occupied up-
wards of two hours.

LAMEETH PALACE IRON BRIDGE.—In 1826 Mr.
Thomas Motley, civil engineer, of Bristol, suggested
a plan for the construction of a bridge across the
Thames, from the Parliament Houses to the pslace
of the Archbishop of Canterbury. The plan is here
portrayed in an excellent lithographic engraving, and
we cannot but wish that the vision of the designer
may be realized, and an elegant and appropriate
structure, such as the one which he has sketched,
substituted in the place of the dilapidated heap of
stones which has:so long disfigured the capital, and
impeded the navigation of the silent highway.

EXTENSIVE FIRE AT ST. SAVIOUR'S CHURCH.—
(THIS DAY )—Shortly before nine o'clock this morning
a dense volume of smoke was seen to issue from the
vaults under St. Saviour's Church, Borough. The police
aroused the parish authorities, and the keys having been
obtained, efforts were made to enter, but it was found
to be impossible. The engines from the A, B, and D
brigade stations, as well as those belonging to the West
of England and County Companies, arrived with a strong
force of firemen, but their endeavours to arrest the pro-
gress of the fire were frustrated, and upwards of an hour
and a half elapsed before they were successful. On en-
tering the vaults a most appalling scene presented itself
—the last remains of several deceased persons partly
consumed. The fire originated, it was said, among some
straw in the vaults, but from what cause, or by whom
occasioned, has not been ascertained.
SHOCKING ACCIDENT FROM FIRE.—On Wednes-
day morning, about three o'clock, Mr. Lewis, of the
Bunch of Grapes Tavern. Westgate-street, Bath, was
roused out of sleep by dreadful screams from his ser-
vant, a young 'Woman named Harriet Davey, who at-
tempted to force in his bed-room door. Mr. Lewis, on
looking in that direction, was horrified by the appear
ante of an extraordinary light through the crevices, and
as soon as possible, partially dressed, went out of his
room ; but by this time the young woman had gone
down stairs, where he found her with her dress in a
blaze, and making ineffectual efforts to put it out. He
rendered her all the assistance in his power by tearing
off her garments and endeavour to extinguish the fire,
and in doing so he burnt his own hands. After having
done this, the thought struck him that as she had been
to her bed-room for the purpose of retiring to rest,
something might have been set on fire there also, and
on going up to ascertain if that were the case, he found
the room filled with smoke, and the bed-clothes burning.
He immediately rolled them up together, and by that
means succeeded in preventing further ill effects from
the accident. 'He then returned down stairs to the
young woman, and the sufferer was conveyed to the
United Hospital, burnt about the neck, throat, and
different parts of the body in a shocking manner. She
was long in a dangerous state from the injuries she
sustained, but hopes are now entertained of her ultimate
recovery.
LIBERAL CONDUCT or MESSES. CLAUDE SCOTT
AND Co.—At a meeting of the Marylebone vestry held
on Saturday, Mr. G. Daniel regretted that at the twelfth
hour the Commissioners of Baths and Washhouses were
doomed to disappointment. Having affixed their con
poration seal to all the preparatory measures required,
and having received the approval of the Treasury, they
applied to the Board of Public Works for the loan of
3,0001., who replied that they could not advance that
sum.—(Great astonishment.) The Rev. Dr. Spry,
their chairman, then applied to Messrs. Claude Scott
and Co., their bankers, who instantly,. and in the
handsomest manner, consented to advance the required
sum on the same conditions that they expected the
loan from Government.—(Hear.) In conclusion, he
moved that the commissioners be authorised to negotiate
for the loan with their bankers. Messrs. Haikes, An-
derson, Glazier, and the Chairman, having lauded the
liberality of Claude Scott and Co., the motion passed
nem. con.

ALTX CATION IN itE RIVER STEAM-BOATS —For
some t►me the iron steam-packets between London-
bridge and Chelsea have been running at a penny fare
for the whole distance, whilst the Citizens' company
have been charging their usual fare, twopence. An
amalgamation has now taken place between them, and
yesterday morning they commenced running at two-
pence to Lambeth and threepence to Chelsea, their
boats calling alternately Bt the varicus piers.

MONEY and COMMERCIAL NEWS•

Cl7y, QUARTER TO THREE.
In the Cotton Market at Liverpool, yesterday, the
sales were moderate, and included 3,000 bales of Ame-
rican at 40. to 6d. per lb. Prices were heavy, but
there was very little doing. Railway Shares improved
steadily, with a good business doing. In some instances
prices advanced again.
Emigration from Bremen in the past year has gone
on to a great extentv About 33,000 persons embarked
in 255 ships, to the United States, Texas, Brasil, and
South Australia. One hundred vessels were destined to
New York alone.
We are assured that the drafts of the North-Western
Bank of India were duly accepted by Messrs. Glyn and
Co. yesterday, and when required delivered to the
holders. The assertion to the contrary is incorrect.
At a half•yearly meeting of the proprietors of the
Colonial Bank, held this afternoon, it was resolved that
there should not be a dividend declared; that the profits
made of 22,0001 and over should go to write off bad and
doubtful debts, leaving that item at 1,0001. only.
The state of credit in the West Indies, the failures here,
and the difficulties that have surrounded the Money
Market were by the meeting held ample reasons for the
nonpayment of a dividend on the present occasion. It
is most emphatically stated in the report of the directors
that, if the last Act relative to the admission of foreign
sugars be not altered very materially, the cultivation
of sugar plantations in the West Indies must cease•

There are not any later accounts received from the
colonies to-day. It may he interesting to remark that
the present condition of the Colonial Markets wears a
brighter appearance. Ihe list of sales by public
auction, as announced, was very considerably added to
yesterday ar.d to-day. There is a fair prospect of business
soon becoming animated, and it is to be hoped
at more remunerative values to the holders than has
been the case for a considerable time past.
The Stock Market is still rising. Consols are 861
to 87* for Transfer, and 864 to 87i for Account. The
New Three and-a. Quarter per Cents, have been 874 to
881. Bank Stock is 192* to 195, and India Stock
232 to 235. Exchequer-bills are up to 205., and
235. premium. The purchases making are on account
of parties out of the house, but speculators are also
operating for the rise.
In the Foreign Market the dealings have been limited.
Spanish Active Bonds have been marked 191: Portu-
guese Four per Cents., 26* to 27; and Mexican, 18*.
Dutch Two-and•a-Half per Cents. have been 544 to *.
French Three per Cents. aro 75, with the exchange at
25 70.

Railway Shares are very steadily supported, and in
some cases higher.
BKIIISEL FUNDS THIS DAY AT Oh O'CLOCK.
(From the Official List.)
Bank Stock 194 192 195

3 per Cent. Reduced Annuities B67i 87%
3 per Cent. Consols Anns 86% 87%
New 3% per Cent. Anis. 873/4 88%%
Long Annuities, Exp. Jan. sth, 1860 B% %
Do. 30 Y ears, Expire Oct. 10, 1859 8 9-16
Do. 30 Years, Expire Jan. 5, 1860 8 9-16
India Stock 232 235
Consols for Account ... 84% 8710/s
Exchequer Bills. 3d.
1,000/.
5001.
Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Chilian Bonds, 6 per Cent........ . 88%
Mexican Bonds, 1846, 5 per Cent.
Ditto for the Account ....... 18%
Portuguese Bonds, 4 per Cent
Ditto for the Account 26% 27
Spanish Bonds, 6 per Cent, 1840
Ditto for the Account 19%
Ditto Passive Bonds 414
Dividends on the above payable in London.
French Rentes, 3, per Cent 7sf. —c.
Exchange. 2sf. 70c.
Dutch 2 % per Cent., 12 Guild 54144 z d
Ditto 4 Der Cent. Certificates
Ditto for the Account 65%
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAY/. ram). Psi SHARI.
Aberdeen
Amber., Notting., Boston, &c. 2% to
Ayrshire and Galloway
Belfast and County Down .. 10 ..
Birmingham & Oxford Junc... 20
Birmingham, W 01.,& Dudley 10 ... . 144 to
Birming., Wol., & Stour Val. 101.145....
Birkenhead, Lancashire, and
Cheshire Junction.. 73/4 to
Boston, Stamf., & Birming... 6
Bristol and Exeter

Do., Thirds
. ..... to
Buckinghamshire..
Caledonian

Ditto, Half Shares
Ditto. Clydesdale Junction N . to
Chester and H01yhead......... 37%.....
Ditto, Preference l2
Clarence.
_ _ _

Midiand 100 ll2
Ditto, Consol. Preference...100
Ditto, 401. Shares
Ditto, 50/. 5hare5........... 15 -.13%3/4 x. int to --
Midland, Birm., and Derby...loo ....• 861 to
Midland, Consol. Bristol and
Birmingham 6 per cent.... 100 1211,E to 120
Midland, Bristol and Glouc. 36
Ditto ditto ill. 35.6 d. .. . to
Midland, Leices. and Swan-
nington (8 per ct.gua.)....100 .... • ...... to
Uidld. Great Western (Irish) 35
Newcastle and Carlisle
Ditto Quarter Shares - ...... to --
Newmarket and Chesterford 181,4 —
Ditto Extension
Newport Abergy., and Heref. 6
Norfolk 100
Ditto New 20/.
Ditto Extension
Do. Scrip, 1847,N. of Norflk '2
Do. do. Waveney Valley... 2
Newry and Enniskillen
Newry, Warrenpoint, and
Rost revor
:s'orthern Counties Union
North British
Ditto Half Shares.. 121,4
Do. Quarters 43/4
Ditto. Extension
Ditto Thirds ... ......... - .... 2 ...... 2
North Staffordshire...
North Wales
North Western
Oxford, Worcester, and Wol-
verhampton
Reading, Guildfd., & Reigate 7% — ...... to
Royston and Hitchin
Scottish Central ..., 20
Scottish Midland ... ......... ... '2O
Ditto, New
Sheffield, Rotherham, sad
Goole
Shrewsbury and Birmingham 6
Ditto, ditto, Class B. 8
Shrewsbury and Chester
( Nor. W. MM.)
Ditto Halves, Ditto... 8 _.
... to
Ditto, Oswestry l2 ... _
Ditto (New) 1
Ditto 8 per Cent. Pref 5 ...... 8 .... to
Shrewsbury and Hereford
Shropshire Union
South Devon ....... ...... ... 40
Ditto. Preference
South Staffordshire 4
South Eastern and Dover 331
Ditto, New, No. 1 -
VittO, New, N 0.2
Ditto, New, No. 3 2O
Ditto New, .No. 4. ...... ... .. 71,(
South Wales
South Yorkshire, Doncaster,
and Goole
Swans. and Loughor and Ca-
meron's Stm. Coal
Chames Haven Dock and

Railway 17% — to
raw Vale Extension
Vale of Neath
Waterford and Kilkenny 1314...... ---to
Waterford and Limerick
Waterford, W exford,W icklw,
and Dublin
West Cornwall
.Vhitehavon and Furness l2 ... ..
Windsor, Staines, and South
Western s2s.
Wilts,Somerset,&Weymouth 80
fork, Newcastle, and Berwick 25 ... . 35 .. ... to 343/
Do. Original New & Ber'ck 25
Do. NortliShields Purchass 25
Do. Extol. No.l (Y. & N.) 10
Do. do. No. 2, New & B. 16
Do. G. N. E. Pur. or Pref. S
York and North Midland .. 50 ...... 74% to 75
Ditto, Preference
ditto East and West Riding
Extension
FOREIGN RAILWAYS.
Boulogne and Amiens 2O ...... ...... to
Central of France ( Orleans
and Vierzon)
Central of Spain ... 2
Ceylon .... ss.
Demerara.
Dendre Valley
Direct Bombay and Madras ss. ....
Dutch Rhenish .. -.. 7
East Indian ... . ll4 —
Great Indian Peninsular ss.
Italian and Anstrian
Jsznaica S. Midland Junction 1
Louvain a la Sambre
Luxembourg
Lyons and Avignon (Con-
stituted)
Madrid and Valentia
Namur and Liege
Northern of France. l 6
Orleans and Bordeaux ... .. 6
Over Yasel 4135 4d —
Paris and Lyons
Paris and Orleans...
Paris and Rouen ... ..... ...... 20
Paris & Strasbourg ...... ..... S
Rouen and Havre ... 21
Sambre and Meuse
Strasburg and Bale ..... ...... 14
Tours & Nantes ... .. ...... .. i
'lournay, Jurbise, Landen,
and Hassell ... ... .. 141 ...... ...... to
West Flanders 5% — to
JOINT STOCK BANKS.
Australasia -
British North American .... 60
Colonial
Commercial of London
London Joint Stock
London and Westminster. .. 20
National Provincial of Engld. 35
' Ditto New
National of Ireland 22% — ... .. to
Provincial of Ireland

Ditto, New
Union of Australia
Ditto, New 2% to
Union of London ... 10
Union of Madrid
MINES.
Anglo Alexican .. 100
Astrian Mining Company ... 11
Australian
Blaenaryon Iron and Coal ... 50
Bolar,os Scrip
British Iron
Bitazilian Imperial ... .. ... 21
Galvanized Iron
Ditto, New
Real del Monte, Unregistered . .. 13‘ to

LLOYD'S SHIPPING—(THIS DAY.)
LONDON, JAN. 11.—Wind this day at noon N.E., light
breeze, and frosty weather.
DEAL, JAN. 10.—Wind E.N.E., fresh.—P.M., mode-
rate.—Sid. 'Eger, Surinam.
PORTSMOUTH, JAN. 10.—Wind N E.—Off port, Inde-
fatigable, Rokmer, Havannah.
COWES, JAN. 10.—Wind N.E.—Arrd. Isabella, Tilley'
Rio Janeiro.
DARTMOUTH, JAN. 10.—Wind E.N.E.—Arrd. City of
MtNaught, Calcutta.
PLYMOUTH, JAN. 9.—Arrd. Wanderer, Priest, Hong-
Kong; Duke te Roxburgh, Collard, Singapore; Alex-
ander, Edie, Sierra Leone, for Havre.
FALMOUTH, JAN. B.—W N.E., fresh.—Arrd.
Sophia, Blyth, Mauritius.
GLOUCESTER, JAN. 10.—Wind E.—Arrd. Persevere.
ante, Robinsom,lSt. John's,'; New Brunswick.
PENARTH ROADS, JAN. 9.—Sld. Clunine, Callao; W.
Barber, Valparaiso.
NEATH, JAN. B.—Arrd. Hannah Shea, Miramichi.
ROTHESAY, ISLE OF BUTE, JAN. s.—Sld. Madawasha,
New York; St. George, St. Vincent's; Mary and Ann,
Trinidad; Retreat, Trinidad; Queen, Syndey and Port
Philip.
NEWPORT, JAN. 10.—Wind N.E.—Sailed Adolphe,
Warren, St. Thomas ; Black River packet, Jamaica.
HULL, JAN. 10.—Arrived Agatha Catharina, As-
musden, Port Plata; Washington, Matson, New York,
for Han3burgb; Favourite, Youens, St. John's, New
Brunswick.
CORE, JAN. 9.—Wind N.W.—Arrd. Kinnear, Heard,
Manilla. Off port, Kent, Smith, Nova Scotia.
GRAVESEND, JAN. 9. —The Three Betseys, from
Hartlepool, sank, after being in contact with the
Victoria, in S.W. Reach to-day; crew saved.
BRIXTON, ISLE OF WIGHT, JAN. 9. The Llan
Ruwney has parted. Should the weather continue fine
the greater part of her cargo will be saved.
FALMOUTH, JAN. 9.—The Isabella, from Rio Janeiro,
arrived off here yesterday; was in contact last nighti off
the Lizard, and sustained some damage to bulwarks,
rigging, &c.
LIVERPOOL, JAN. 10. The schooner George and
Frances, the Clyde to Runcorn, struck on the West
Hoyle on Bth instant, and became a total wreck; crew
saved.
BIDEFORD, JAN. 9.—Arrd. Susannah, Meader, Prince
Edward's Island.
NEWHAVEN, JAN. B.—Sld.. Minerva, Havannah
LIVERPOOL, JAN. 10.—Wind S.E.—Sld. Alexandria,
Brazils; Lucille, Hayti; Covenanter, Apalachicola.
KINGSTOWN.—Arrd. Margaret, Hardcastle, St. John's,
New Brunswick.
WEXFORD.—Arrd. Mookkee, Hawlin, St. John's,
New Brunswick.
BELFAST, JAN. B.—Wind S.E.-7. Arrd. Sobraon,
Hetherington, Demerara. 8. Standard, Ritchie, Qw-bec;
7. Sld. Sobraon, Roche, Mobile. 8. Sir Colin Camp-
bell, New Orleans.
STRANGFORD, JAN. 7.—The Isabella has been hove off
Gunn Island, and brought in here to-day, with consider.
able damage.
SHIELDS, JAN. 10.—The Cecilia, Danish schooner,
hence to Flinsburg, has put back leaky, having been in
contact, sth inst., with a Danish brig, suppossd to have
foundered.
LEITH, JAN. 9.—The Halfe, Griefawalde, to the east
coast, has put in here with two feet water in her hold.
PORTSMOUTH, JAN. 10 —The Emma, of this port, took
the ground on entering the Camber; was got off after
lightening, and into the Camber with pumps going.
CORK, JAN. 9.—The Courier, Newport to Boston,
has put in with cargo shifted, and must discharge.
LIMERICK, JAN. B.—The Resolution brig, of Car-
digan, broke adrift from the quay to-day, and is sup,
posed to have received much damage.
SKIBBEREEN, JAN. 7.—The Cambria, of Gloucester,
from Quebec, has:come ashore in Dunmanaen's Bay, north
of Crookhaven, waterlogged, dismasted, and abandoned,
and lies in a dangerous position.
HARWICH, JAN. 10.—The Hasp, Vanderzee, from
Sunderland to Amsterdam, has been assisted in here,
with loss of sails and considerable damage; has put
back in consequence of the ice. Encountered strong
gales.

WESTMINSTER HALL.—This ancient Hall is itself
again, the internal erection for the purpose of exhibit-
ing the Cartoons, and other works of art for the decora-
tion of the New Houses of Parliament being entirely
ratuoved.

MARKET NEWS.--(THIS I)AY.)
HAY MARKETS.
SMITHFIELD.--Meadow Hay, 21 lOs to 31 14s ; Clow,
ditto, $/ 103 to 4/ 15s ; and Straw, 11 5s to 11 lOs
per load. A moderate supply, and a steady demand, at
full prices.
CUMBERLAND.—Meadow Hay, 21 lOs to 31 15s ;
Clover ditto, 3/ 10s to 41125; and Straw, 1/ 5s to 11 10s
per load. Trade steady, at fully late rates.
WHITECHAPILL.—Meadow Hay, 2110 s to 31 15•;
Clover ditto, 31 lOs to 4/ 15s ; and Straw, 1/ 3s to
11 lOs per load. Supply good, and trade dull.
COLONIAL.
ScGAR.—The demand for British Plantation continues
good, and 820 hhds have been sold at steady prices, in-
cluding 100 hhds Barbadoes by auction, at 38s to 46 for
low to fine yellow. The public sales have comprised
513 bags Mauritius, 2,300 bags Bengal, 3,000 bags
Madras, 250 baskets, and 50 cases Penang, which went
off heavily, but generally maintained former prices.
Mauritius brought chiefly 365 to 38s 6i for greyish
yellow, Bengal 30s 6d to 355, Mauritius kind 39s 6d to
425, and white Benares 45s 6d to 48s; Madras 283
to 355, for very low soft to mid yellow, and
Penang 29s to 33s for ord to good greyish
brown. The stock of British Plantation in the port
Of London on the Ist instant was 25,721 hhds, 3,409
tierces against 6,225 hhds 763 tierces at this time last
year. The deliveries for home consumption were
82,665 hhds 11,234 tierces, against 75,480 hhds 9,907
tierces to the corresponding period of 1846. Of Foreign
and East India sorts the stocks are larger than at this
time last year.
COFFEE.—The stock of British in the Port of London
is 2,405 hhds 3,078 barrels and bags, against 2,257 hhds,
1,920 barrels and bags at this time last year. The de-
liveries for home consumption were 3,441 hhds 3,063
barrels and bags to the corresponding period of 1846.
Rum.—The stock of this article in the port of London
on the Ist inst. was 18,464 runs 4,701 hhds against
12,443 puns 2,669 hhds at this time last year. The de-
liveries for home consumption were 15,779 puns 3,517
hhds against 12,673 puns 2,721 hhds to the correspond-
ing period of 1846.
RICE.-1,500 bags Bengal and 1,500 bags Madras
were principally realised at rather higher prices.
SALTPETRE.-4,900 bags Bengal were nearly all
bought in at prices above the present market value; but
about one-fourth has since been placed at about former
rates.

TALLOW.—P.Y.C. is 44s 9d to 45s per cwt on the
spot, and Town 49s 6d per cwt.
TEA.—The market is rather improving, and there is
sit increased consumption.

Ince Company. The agreement for the lease, which
was contained in a letter from Mr. Reilev, the secre-
tary to the company, to the plaintiff, was to the effect
that the company should remain in possession of part
of the ground and the whole of the second 89or, in
which at a rent of 3001., they had been in occupation
since 1842, with the addition of the third floor, at a
reduc, d rent of '250 guineas. Besides this there
was a stipulation that the upper part of the house
should not be let by the plaintiff to any persons
which should be inconvenient to the company
Some negotiation took place between the parties,
which lasted for some months. The question
in the case appeared to his Honour to be whether
the plaintiff ever accepted of the terms contained in
the letter of Mr. Reiley, and if he aid, whether that
agreement, in conseqtience of what had taken place
afterwards, was abandoned by him. His Honour
was clearly of opinion that the original agreement
had not been abandoned, and the result was that
there must be a decree for a specific performance,
and the defendants must pay the costs of the plaintiff
up to the hearing.
The Court then proceeded to hear motions.
QUA

F'EN'S BEN CH.—(T HIS DAY.)
(Sittings in Banco.)
This being the first day of Hilary Term, Lord
Denrnan, accompanied by Mr. Justice Patteson, Mr.
Justice Coleridge and Mr. Justice Wightman, took
their seats upoa the bench shortly after ten o'clock.

V. .
This was an actionllo.4/tE of IibeI,SILYERLOCX tried at the December
sittings before Mr. Justice Coleridge, when a verdict
Was returned for the plaintiff, damages 40s.
Mr. Sergeant TALFOURD 110 W moved in arrest a
judgment. The declaration, he said, contained fire
counts, upon five several libels, alleged to have been
published in a certain newspaper called the Nautical
Standard.

The first two counts in the declaration were out of the
case, inasmuch as the defendant was not the proprie-
tor of the paper at the time the libels to which they
related were published, and accordingly the verdict
was returned generally upon the three other counts.
Now, he contended that these other counts contained
neither directly, nor by inuendo, any libel at all, and
he was therefore entitled to ask the Court to grant a
rule to show cause why the judgment should not be
arrested.

The holm CHIEF Justus—We think you ought
to have a rule.
Rule nisi accordingly.

EXCHEQUER.—(THIS DAY.)
(Sittings in banco.)
Mrs. Cobbett applied to the Court for a writ of
habeas corpus directing the keeper of the Queen's
Bench prison to bring up the body of Mr. William
Cobbett, her husband, to this court in order that he
might be discharged forthwith, on the ground that he
was improperly confined in No. 1 department of the
said prison, being that in which criminals were con-
fined, instead of No. 3 department, in which she con-
tended her husband ought to be confined.
The COURT had no objection to grant the writ, but
expressed their opinion that the effect of the writ
would be to transfer the prisoner to the proper de-
partment, if he were improperly confined, and not to
entitle him to his discharge.
The applicant left the court with the writ in her
possession.

- The COURT, having disposed of the motions, pro-
ceeded with the peremptory paper.
IN THE MATTER Or JAMES RICHARD THOMPSON.
This case came before the Court upon a rule for a
reference to the master to ascertain what proportion
of the premium paid on certain articles of clerkship
should be refunded.
Mr. Watson appeared in support of the rule; Mr.
Bovill showed cause against it.
The action was originally brought by the repre-
sentatives of a party deceased, for the purpose of
recovering a certain sum of money paid as a premium
to the defendant as consideration for his instructing
the deceased as an articled clerk, who was bound to
him for a period of five years, but had died within a
month from the period of making the articles of
clerkship.
Mr. BOVILL contended that the defendant was not
liable, on the ground that there was no article in the
agreement stipulating that he should return the
money in the event of his clerk dying before the
expiration of the term, and that the defendant was
ready and willing to perform his part of the contract,
viz., to teach, but the deceased was not able to per-
form his part of the contract, viz., to learn.
Mr. 11 ATSON, in support of the rule, argued upon
the decision of Lord Tenterden in a similar case to
the present, that the case ought to be decided upon
principles of good conscience, and not upon the strict
rules of law or equity.
The COURT took time to consider the terms on
which they would deliver judgment. They considered
it of importance that some general rule should be
laid down upon the subject.

COMMON PLEAS.—(THIS DAY.)
The Cuicr JUSTICE, on taking his seat, intimated
that the four remaining appeals from the decisions f
Revising liurristers would be proceeded
sTith by the
Court on Monday next.

COLONIAL BANK.--(THIS DAY.)
The half-yearly general meeting of the proprietors,
was held this day at the London Tavern, for the
purpose of receiving the report of the proceeding& of
the corporation, and for the election of five directors
and one auditor, in the room of Andrew Colville,
Esq.; W. Davidson, E
S
Alxand
Gurn er Stewart, Esq.; Henry Bruce, Esq.; and
Samuel ey, Esq., auditor ; abro for the election
of two directors, in the room of J. A. Hankey, Esq.,
and John Irving, Esq , who had resigned.
The chair was taken at one o'clock, by A. Colville,
E sq.
The notice convening the meeting having been
read,
The Secretary then proceeded to read the report
from which it appeared that the great depreciation in
the prices of sugar, one of the principal productions
of the company, amounting to at least 50 per cent.,
combined with the numerous failures which had re-
cently taken place, had led to considerable losses to the
corporation, and the directors having carefully con-
sidered the whole question, had come to the conclusion
not to recommend the payment of any dividend for the
past six months, and they proposed that the sum of
22,2361. 2s. 101., the profits made during that pe-
riod, should be carried to the profit and loss account
of the corporation. The report concluded by calling
upon the proprietors to adopt some measures for
urging upon the Government to alter the measure
which had been lately passed for admitting slave-
grown sugar, as if that measure were not altered or
repealed, the Bank would be compelled most mate-
rially to restrict its operations, and cause thereby a
serious diminution in the profits of the company.
An HON. PROPRIETOR wished to know what was
the amount of the capital of the company which
was already lost.
The CHAIRMAN said that by writing off the
dividends the corporation had reduced its amount of
losses to about 7,0001.
An Hox. PROPRIETOR wished to know what was
the amount cf dishonoured bills or bills in abey-
ance ?

The CHAIRMAN stated that those bills which had
been returned were not to be considered as totally
lost, and he thought that by stating the actual amount
of bills in abeyance would only tend to mislead the
proprietary.
HANKEY, Esq., wished to know whether the
directors were in a position to carry on the business
of the bank without calling up any additional
capital
rhe CHAIRMAN said that the amount of bills in
abeyance, even if it were lost, would not have the
effect of crippling in the least the operations of the
Government. As to making any future calls, the
directors had not the slightest intention of so doing.
T. HANKEY, Esq., thought the answer quite satis-
factory, and that the best course would be to allow
the directors to continue to act with their own discre-
tion, and resume the payment of dividends at such
time as they might think proper.
An HON. PROPRIETOR thought that if the future
success of the bank depended upon the repeal of the
Sugar Duties Bill, it would be better so to contract
its operations as to afford an opportunity of gradually
winding up the concern.
The CHAIRMAN thought that at present it would
be premature to discuss the propriety of the future
proceedings of the bank. The suspension of specie
by the West India Bank would, he had no doubt,
ultimately lead to the benefit of this establishment,
as should not that concern be able to resume payment,
this corporation might then supply the vacancy caused
by that concern.

The report was then unanimously agreed to.
The following gentlemen were re-elected directors
of the company :—A. Colville, Esq., W. Davidson,
Esq., James Fletcher, Esq., Alexander Stewart, Esq.,
and henry Bruce, Esq. amuel Emery, Esq., was
re-elected an auditor of the company.
William Cripps Esq., M.P., and Thomas Nagh-
ten, Esq., were elected directors, in the room of J.
A. Bank .
ey, Esq., and John Irving, Esq., who had
resigned
The thanks of the meeting were voted to the
chairman, and the meeting broke up.
()

in Saturday last Messrs. Burnetts, the distillers,
of Vauxhall, gave a very excellent supper to the whole
of the clerks and men employed in their establishment,
amounting to nearly eighty persons.
PORTSOY.—The people here are almost in a famine
for the want of coal, while three vessels are lying in
Cromarty, coal-laden for the port, but cannot get in for
Want of water. Copper coin has lately been so scarce in
Portsoy, that it is often next to impossible to obtain
chance for a groat.--Aberdeen litrald.