The Sun.
London, England, 1848-07-22 00:00:00

THE SUN, LONDON, SAT URDAY EVENING, JULY 22, IRV

the loyal inhabitants of Ireland, and also to those who
may be induced to participate in any insurrectionary
movement, to remove the ringleaders, the men who
are now proclaiming open war against the Crown
and Government of these dominions, and to retain
them in close custody until the crisis has been
encountered.

The announcement made in both Houses of Par-
liament last night, that it was the intention of
Ministers to bring in a Bill " to empower the Lord-
Lieutenant, or other Chief Governor or Governors of
Ireland, to apprehend or detain until the Ist of
March, 1849, such persons :as he shall suspect of
conspiring against the person or dignity of her
MAJESTY," was received with the loudest expressions
of approbation from persons of all varieties of political
feeling and party. The necessity for such a step
could not for a moment be controverted, or denied.
It would strike at the leaders, and it could not be said
that the persons who had so far forgotten the allegiance
they owed to their SOVEREIGN, who would encourage
their unfortunate dupes to lift their fratricidal hands
against the lives of their brethren, and who would
involve their unhappy country in anarchy and con-
fusion for the gratification of their own selfish ambi-
tion, would not richly deserve the inconvenience to
which they might be exposed by a temporary deten-
tion. Indeed that very detention may save them
from the commission of more atrocious crimes, which
could only be adequately expiated by an ignominious
death upon the scaffold. We do not, therefore, sup-
pose that any unnecessary delays will be given to the
passing of these most salutary enactments, or that the
forms of either House of Parliament will be suffered
to impede the progress of a measure so imperatively
called for. It may be impossible to avoid a collision.
The Marquis of LANSDOWNE last night acknowledged
that he feared a conflict was inevitable. The unani-
mous feeling of every loyal subject, then, will be that
so happily expressed by Lord BROUGIIA111—" Let the
most effective measures for :repressing rebellion in
Ireland be instantly passed and put into execution."
The most sincere friend of the :people, the most
ardent and enthusiastic lover of liberty, will readily
submit to any personal restriction or inconvenience
that may be beneficial to the community in general.
It is consolatory to know, that if occasion should re-
quire it, the hands of the Government are not bound.
There is, it appears, an Act of Parliament, of the Irish
Parliament too, before it had been absorbed in the
Saxon Legislature, by which, if an insur-
rection should take place, the Lord-Lieutenant could
immediately seize any person whom he might suspect
of being an accessory to that rebellious proceeding.
On this statute he is prepared to act if necessity should
arise ; but we trust that the speedy concession of
the powers now demanded, and the imposing force,
naval as well as military, that has been concentrated
upon the disturbed districts, may avert the evil, and
that the peace of the country may be preserved—we
should rather say restored—without any greater de-
parture from the constitutional law of the country
than may be involved in the summary arrest and de-
tention of some of the principal agitators.

SPAIN.

Madrid journals of the 16th have arrived.

The Gaceta publishes an amnesty for all persons
concerned in the revolts of Alicant and Valentia,
except the leaders. The Duke of SOTOMATOR left
Madrid on the 16th for La Granja.
The QUEEN has refused to annul the marriage of
the Infanta JOSEFA.
There was no Bourse on the 16th.

THE FRENCH REPUBLIC.

We have received the Paris papers of yesterday.
The election of Colonel of the third legion of the
National Guard of Paris, in the room of M. THIRION,
resigned, took place on Monday, when General DB
BAR was elected by a large majority, the numbers
being—
M. General Dm BAR .. 3933
M. DIIBOCHET
M. PEREE

M. HOVYN ..
M. LiINON .

161
38

These elections are essentially political, and vie
Constitutionnel sings its "song of triumph" on the
occasion of the election of General DE BAR, which
may be considered as a victory of the reactionary party.
The Committee of the Assembly to which was re-
ferred the proposition of M. LUDRE for the mobiliza-
tion of three hundred battalions of the National
Guard, has determined in favour of the mea-
sure. The Committee, while they express in
their report their hopes and expectations that peace
will be maintained, insist upon the necessity of keep-
ing up a large armed force to preserve the influence
of France abroad, and to put down anarchy and dis-
order at home.

In the Committee on Labour, M. WoLowsm pro-
posed to prohibit the employment of children under
nine years of age in factories, and to limit the hours
of labour to six hours per day for children from nine
to thirteen, and sixty-nine hours per week for young
persons from thirteen to eighteen years of age.
There was a slight enieute at Strasburg on the 18th
among the ourriers employed in the communal work-
shops. The National Guards were called out, and
their appearance alone was sufficient to restore order,
without a collision.
General OUDINOT has been ordered to resume the
command of the army of the Alps.
The magazine at Le Bouchet, containing upwards
of 3,000 lbs. of gun-cotton, blew up on Monday.
Four persons were killed by the explosion.
Trade in the provinces seems to be gradually re-
viving.

The funeral of M. DoEras took place yesterday.
It was attended by almost all the Members of the
National Assembly.

We read in the Union :

" We are assured that the Committee of Foreign Af-
fairs was yesterday occupied with the affairs of Italy.
There was a question of imprinting on French policy
in Italy a different direction from that followed
since the 24th of February. All the speakers who have
been heard thus far combatted M. de Lamartine's mani-
festo to Europe. M. Mauguin discussed it with reference
to certain relations and communications between the
different Cabinets of Europe. M. X. Durrieu examined
the respective situation of the nations of Europe, his ob-
ject being to show that great things are preparing one
of the bloodiest struggles in Italy. He also dwelt
on the movement beyond the Rhine for German
unity, and on the system of pression practised by
Russia from Holland and the Danish Archipelago to the
Mold° -Wallachian provinces and the Greek Archipelago.
M. Drouin de Lhuys especially occupied himself, it is
said, with the situation of Italy, and he sought to prove
that the present crisis can only terminate by the triumph
of King Charles Albert. M. Napoleon Bonaparte is said
to have proposed a treaty of alliance, offensive and de-
fensive, with King Charles Albert, and he was supported
by MM. &Aragon, Allies, M. de Lamartine having
demanded to reply to the different attacks on his policy,
it was arranged that he should address the Committee at
its next sitting."

M. LABADERE has proposed to the Assembly to
annul the decree of the Provisional Government abo-
lishing imprisonment for debt.

The Deputies for the west of France assembled in
the Bureau on Thursday, to decide about the direc-
tion to be followed by the Great Western Railway
The route of A len9on was adopted as being the short-
est and least expensive.
BOURSE, PARIS, FRIDAY, JULY 21.

THREE o'CLocK.—The market was buoyant at first,
but business became slack towards the end of the day.
The Rente was, however, firm throughout the day, and
shows an advance on the quotations of the day before.
Bank of France Shares have risen 15f., closing at 1,655 f.
Railway Shares present but little variation. The Three
per Cents. have risen 75c., closing at 48c.; and the Five
per Cents. If. or 77f. 25c. Bons du Tri'sor were done at
17 per cent. discount. Spanish not quoted. Roman has
risen 4, closing at 641 f. Exchange on London (30 days)
25 45, at sight. In Railway Shares, St. Germain have
fallen 10f. since last done (on April 3), closing at 340 f.
Orleans and Marseilles have risen 2f. 50c.; Nantes, If.
25c.; Havre have fallen 2f. 50c.; Rouen and Strasburg,
if. 25c.; Lyons and Bordeaux are unchanged.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE

LONDON STOCK-EXCHANGE, JULY 21.
Namur and Liege, 23/4—Sambre and Meuse, 21/2.

DEPARTURE OF THE COURT FOR OSBORNE HOUSE.
—This morning, about eleven o'clock, her Majesty, his
Royal Highness Prince Albert, and the rest of the
Royal Family took their departure from London by the
Nine Elms entrance of the South Western Railway, for
Osborne House. It was expected that the royal travel-
lers would reach their destination about two o'clock.
Her Majesty and family were loudly cheered, and their
p,esencz• in the neighbourhood caused the greatest en-
thusiasm. The Suite, luggage, &c., went by the same
route at an early hour this morning.
MORE CURIOUS THAN TRUE.—An American editor
has discovered that the initial letters of the names of the
late French Provisional Government—Arago, Lamar.
tine, Ledru-Rollin, Marrast, Albert, and Dupont—
formed the words " all mad !"

HOLLAND.

THE HAGUE, JULY 19. The income-tax pro-
posed by the Dutch Government is graduated in the
following manner :—Three-fourths per cent. on pro-
perties above 2,000 A., and 5 per cent. on incomes;
with diminution of on incomes below 2,000f1. ;
on those below 1,5001; and below I,ooofl.
Incomes below 600 fl. are exempted from the tax.

being interrogated, ODOIRESKOI declared that they
acted under the instigation of Russia, and General
DULIAMEL, the Russian agent, had administered to
them an oath to act as they had done.

MONEY and COMMERCIAL iNITVS.

CITY, QUARTER TO 7 'IEEE

The Cotton Market at Liverpool yesterday was
steady. Sales 0,000 to 8,000 bales. In Railway Shares
there was but little doing, and the market was tolerably
firm. There was no material change.
Tne Bank of England return for the week to the 15th
inst. is interesting in many respects. The Govern-
ment account is exceedingly low at a time when the
other deposits are increasing again. The other secu-
rities have decreased as well as the Government se-
curities, but the withdrawal of public deposits for divi-
dend and other payments has caused an increase in the
circulation, and a slight decrease in the bullion:—
Notes issued 27,593,690
Decrease
Rest
Increase
Public Deposits 2,621,157
Decrease
Other Deposits .. 11,709,054
Increase
Seven Day and other Bills
Increase
Government Securities
Decrease
Other Securities
Decrease
Notes
Decrease
Bullion
Decrease
Active circulation
Increase
The more settled state of affairs on the Continent
within the last week or two has caused a little firmness
in the rates of the Foreign Exchanges, but the plentiful
supply of the precious metals induces constant remit-
tances in that medium, as being more facile than that of
paper.
Very satisfactory accounts have come to hand
from the principal manufacturing districts, and there is
a decided increase of activity there. This remark ap-
plies to Scotland as well as England.

The Irish news is considered to be this morning
much more tranquillizing, and the vigorous policy which
Government is about to adopt, strongly backed by Par-
liament and by the sense of the nation, is calculated
to inspire great confidence. Indeed it is impossible
to suppose that this great country, in the plenitude of
Its power, and backed by the loyalists of Ireland, can-
not prove equal to the suppression of a partial insur-
rection.

The national balance sheet to July 5, offers no fea-
ture of novelty, being anticipated by the statements of
the Chancellor of the Exchequer, but it is hoped the next
quarter's return will prove much more satisfactory.
By dint of exaggerated accounts from Ireland, and
alarming statements of a general rot in the potato plant,
the Bears have worked down the funds again. This is
natural. They were in some cases put hors de combat
by the late rapid advance and now seek to get into stock
when they will doubtless run up the market
again, should the public wisely look on with
confidence in the resources of the country. Every half per
Cent. fall, seeing that the public sold lately at the highest
prices, and to some extent, will, probably, induce re-
investments; and it is precisely in this way that specu-
lators may be caught while money is so abundant.
Consols have been 86i to 874 for Transfer, and about
the same for August. Exchequer-bills of March are 465.
to 50s. premium. Bank Stock is not so good as yester•
day, being 198 to 198 i. India Stock is at 244.
The Foreign Securities are rather flatter. Spanish
Five per Cents, bring 11*, and the Three per. Cents.
21i to 22. Portuguese Four per Cents. are 181. Mexi-
can, 17 to I. Dutch Two- and-a-Half per ;Cents., 444
to 45.

Railway Shares have begn dull.
BRITISH FUNDS THIS DAY AT ONIC O'CLOCK.
(From the Official List.)
Bank Stock 1981/2 198
S per Cent. Reduced Annuities 8714 87
3 per Cent. Consols Anns 8714 86%
3 per Cent. Annuities, 1726... ........
New 314 per Cent. Anas. 8711:%
India Stock 244
Do. Bonds, 10001 ... 36 33 p
Ditto under 1.0001
Consols for Account
Exchequer Bills. 21/2d.
June. March.
1,000/.
5001 . . ...... ... 42 p 50 p
Small — 50 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Mexican Bonds, 1846, 5 per Cent l7 IA
Ditto for the Account
Peruvian Bonds, 6 per Cent 321/2
Portuguese Bonds, 5 per Cent —
Ditto 4 per Cent.
Russian Bonds. 1822, 5 per Cent 99% 1/2
Spanish Bonds, 5 per Cent, 1840
Ditto for the Account . ll%
Spanish Bonds, 3 per Cent Cent
Ditto for the Account 21% 22
Dividends on the above payable in London.
Belgian 21/2 per Cent.
Dutch 21/2 per Cent.,l2 Guild 44% 45
Ditto 4 Der Cent. Certificates

BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. Pis Sam•
Aberdeen
Amber., Notting., Boston, &c 3% to --
Ayrshire and Galloway
Belfast and County Down .. 16 .. .. -
Birmingham & Oxford June... 20
Birmingham, Wol., & Dudley 10 ..... ...... to
Birnaing., Wol., & Stour Val. 121.45.
Birkenhead, Lancashire, and
Cheshire Junction.., lO
Boston, Stamf., & Birming... 5
Bristol and Exeter
Do., Thirds
Buckinghamshire..- l4l. 48 —
Caledonian
Ditto, Half Shares
Ditto, Clydesdale Junction 50
Chester and Holyhead... 471/ ..... 27
Ditto, Preference
Clarence.
_ ~. . .

Do., Ist Class, 6 per Cent... 10' - . ... to
Do., 2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Direct London & Portsmouth 514
Dublin and Belfast Junction.. 30
Dundalk and Enniskillen ... 171,( ......
East Anglia, 251. L. & E.,
mad L. & D
Ditto, 181., E. & H 18 —
Ditto, 31. os., E. & H... 3% —,.... to
Eastern Counties
Do. New Guarant. 6 per Ct. z,( - ...... to
Do. Perpet.,s per ct. No. 1,6/. 13s. 4d — ...... to

Do~ do
Do., Northern & Eastern... 50
Do., 5 per cent.
Do., Quarter .... . ...... ....... 12% ...
Do., New
Eastern Union, Class A (late
E. U. Shares) ...... ... .. 25
__. ...

Ditto, ditto, Class A, ditto 1
Ditto, do, Class B (I. & B) 20
Ditto, do, Class C, ditto... 17% — , to
Ditto Scrip (gua. 6 per ct.) 10

.
to
to
25
East Lancashire
Dpiitttoto,cdcit.tszo
17
614
per Cent. Preference
214
Quarter Share.
.... *** **
13::: irew Quarters
20 % ...... -. ...... to
Edinburgh
East Lincolnshire
...... to
Halfand
S Shares Glasgow
w 151:5 % ........
_L—
pro ii
Ditto,
oto:
Edinburgh and Northern
Quarter Shares
Ditto, New ..... ... ..... .....• ..... to _.61
...... to
4 ......
Ditto, New port l3
Ditto, ditto, New ........ ... 3% •
Exeter, Yeovil, & Dorchester 2% to
%......
to
to
Ditto, New ... .............. . 2% —
Glasg., Dumfries, & Carlisle..B/. 65.8 d...
..
...
Glasgow, Kilmarnock, & Ayr 50
...
Ditto, New
Do. Preference Consolidated 15
.—..—
Great Northern .. ... to
15
•to
---
Do. London & York Eaten. 2% — ...... to
Gt. South. & West. (Ireland) 42% to
Great North of England 10U —
Ditto, New 40/. ls
Ditto Ditto, New 30/. ......... ...... 30 ... .. to
""••Great Western 9O
to
, New 154 ... ..... 11% .. .
Ditto, Half Shares
Ditto, Quarter Shares
Ditto, Fifths 20
Do. New 17/. l3
•• '..
Huddersfield and Manch,-
•••

Lester 28 .. to
Ditto, Thirds
Hull and Selby 50
Ditto, Half Shares . - ...... 25 . ...
Ditto, Quarter Shares 12%
Lancaster and Carlisle.... ... 50
Do., Thirds... lO ...... -
Lancashire and Yorkshire ... 93
Ditto, ditto
Ditto Half Shares , - 43
Ditto Quarters 171% ..... ... .. to
Ditto Fifths 9 — to
Ditto Sixteenths ....... ... 61q...... .. to
Ditto Thirds (Reg.)
Do., New Guar. 6 per cent. 21,E
Do. Liverpool and Bury... 43
Do. (Hudders. and Shelf.) 38
Do., Wakefield, Pontefract,
and Goole
Do., West Riding Union... 6 .... . .
Do., Preston and Wyre ... 25
Do., do., Half Shares (A) 91,E —
Leeds and Bradford 5O .....
Leeds, Dewsbury, & blanches. 50
Do., Half Shares
Ditto, Blue (scrip) - 2% ...... to --
Leeds and Thirsk .......- ..... 45
Ditto, New 3O
-- ..... - . .... to
Do., do., Prefer., 6 per Cent. 34. .... •••••• to ....
Liverpool. Crosby, and South-
port.. 3% — ...... to
Liverpool, Manchester, and
Newcastle Junction. ...... ... 21,4 —
...... to _
London iii Blackwall ......131. 6s. 8d — ...... to
.....
Do. Extension
Lond., Bright., & South Coast 50
31% ...... to
Do. Consolidated Eighths... 40
...„. --
... .. to
Do. Guaranteed 5 per Cent. 9 . _
Do. Pref. Conv. 5 per Cent. 50

Ditto, ditto 1852 50 ..... ••"•• to
Do., New, guar. 6 per cent. 2
...... to -ondon and Lireenwich... 12/. 15s. 4d...
.""• to
Ditto Preference lB/ 17a 2d..
London ts .
North Western.....loo
...... 126 t % ...... to 126
Do. Quarters (L. and B.) 22
...... .
Do. Fifths
New
...... ...... to
4 Do. 40/. Shares... .••••
...... to
& M 20
Do. 10/.... M. and B. (A.) 9 ..... to
to Do. 10/. .. M. and B. (13.) 9

--'• • '., -
Do. 10/.... M. and B. (C.) 1 ..... to
...... •• •'• to
London and S. Western....... 50
...... 48% to
Ditto, New 504....... .. ..... 42%...,.. -- to
..... to
Ditto, New 404....... - ..34 ...... ..-
Do. Tenths (Consolidated) 50
......
Do. Tenths(Consolidated) 40
.....
Ditto, Thirds ... ........ I U . . 13s. 4d ... -.. -