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

etentil# nit

LONDON, SATURDAY, SEPTEUBER 9, 1848.
----.-.4...----.._.-

After a session of unexampled duration, in which
Parliament has been actively engaged for nearly
months in the dispatch of public business, when tenthe
representatives of the people are jaded and fatigued
from the labours they have undergone, and yet so
grievous a catalogue exists of unperformed promises, of
Bills altogether withdrawn and postponed to a future
session, or so mutilated in their progress through the
Legislature as to be rendered comparatively useless
—after, in fact, the lapse of a session such as that
which tha Honourable Member for Buckingham-
Aire derided with such caustic severity in his

brilliant oration at its close—it becomes a matter
of the utmost importance to ascertain the causes of
that legislative failure with a view to their speedy
removal, and to introduce such alterations in the
forms of the House as may prevent a waste of public
time when there is public business of the greatest
consequence to be transactei. 'When an individual
Member could pledge himself " to die on the floor of
the House," before he would permit a measure,
supported by an overwhelming majority, to pass
through its several stages, and become the law
of the land, it is manifest that there must be
something radically wrong in the system under
which a boast so truly ridiculous could have been
uttered. When we find the representatives of two
small boroughs, who have only acquired the unen-
viable reputation of being bores of the first magni-
tude, delivering the most prosy orations on every
possible opportunity, occasioning repeated " count-
ings out," and actually consuming five weeks of the
session between them, it becomes essential to abate
the nuisance, and to interpose some means of
abridging their interminable harangues. Yes,
ANSTEY must be silenced, and URQUHART compelled
to restrict himself to speeches of more moderate
diAensions, or we shall again have to deplore
neglected opportunities and time most grievously
misspent.
The report of the " Select Committee appointed
to consider the best means of Promoting the Dispatch
of Public Business," which has recently been pub-
lished, points out some of the causes that led to this
untoward result. The recommendations contained
therein, however, although they may be in some de-
gree useful, if carried into effect, by no means meet
the exigency of the case, or strike at the root of the
evil. The following extract proves that the Com-
mittee were fully alive to the extent of the
grievance, although they omitted to grapple
with it boldly and comprehensively. They say—
" The business of the House seems to be continually
on the increase. The characteristic of the present
session has been the number of important subjects
under discussion at the same time, and adjourned
debates on all of them. This intermingling of de-
bates, adjourned one over the head of the other, has
led to confusion, deadening the interest in every
subject, and prejudicing the quality of the debates on
all. Motions to adjourn the House for the purpose of
speaking on matters not relevant to the prescribed
business of the day are made more often than for-
merly; and motions to adjourn the debate have be-
come of late years much more frequent. But it must
be observed, that under the regulation moved this
year by Mr. HUMS, the orders of the day are now
read without debate, or opportunity permitted of ad-
dressing the House; a rule which the SPEAKER,
in his evidence, says has worked admirably ;"
and yet, although their own judgment is corroborated
by the experience of the SPEAKER, who declares " that
of late years the progress of public business had been
impeded partly by the-greater:number of Members
who now spoke in debate, and consequently by the
frequency of adjourned debates, and partly by the
virtual abuse and evasion of the rules of the House,"
there is not the slightest attempt made to limit the
number of who shall address the House upon any
particular question, to enforce a division when the
point has been thoroughly discussed, or to prevent
a palpable evasion of the rules of the House, by de-
claring that no debate shall take place on a mere mo-
tion for the adjournment of the House.
The Committee appear to rely on " the good feeling

net in which he is entangled. Again and again he is
brought before the criminal tribunals. The punish-
ments awarded for each successive off.nce are ren-
dered more stringent, until at length he is banished
to some penal settlement, or terminates his miserable
existence by an ignominious death upon the scaffold.
That child might have been saved if any effort had
been made in the earlier stages of his career,
if there was an establishment into which he could
have been received on his first discharge from prison,
and where he might have obtained instruction in some
useful employment, handicraft, or trade, by the exer-
cise of which he might be rescued from the tempta-
tions incident to ignorance, idleness, and vice. He
might have been converted into a useful member of
society, earning his daily bread by the sweat of his
brow, and discharging his duties to the community
in general in the station in life in which his lot had
been cast ; and this desideratum might be attained
at less cost to the country than would be required
for his repeated punishments—his temporal and,
perhaps, eternal ruin. Considerations of economy
alone, if no higher or holier motive were taken
into account, would show the expediency
of adopting some such measure of prevention
as that which the humane mover of the resolution in-
dicated. The statistical returns adduced by Mr.
ARMSTRONG, in the course of his very able address,
proved that a considerable saving would be effected
by the establishment of such an institution. The
startling fact that within six years "there had been
in two prisons alone the appalling total of 40,168
persons, who had been tempted again to the im-
mediate commission of crime, whereby they had
again and again incurred the penalties of the law,
to the great injury of society, and the heavy ex
pense to the rate-payers of the county,"
would seem to be conclusive on the question. But
in addition to the saving that would be effected in the
expense of prosecutions, and maintenance while in
gaol, which amount to far more than the cost of in-
struction, it should not be forgotten how much pro,
perty would be preserved by converting these plun-
lerers into honest men, and thus saving the public
from their depredations.

We trust that Mr. ARMSTRONG and those who agree
with him may persevere in their benevolent exertions
until their object be fully attained. The voice of
public opinion will support them until their desires be
crowned with well•merited success.

THE FRENCH REPUBLIC.

We have received the Paris journals of yesterday.
In last evening's impression of The Sun we inti-
mated that the elevation of General CAVAIGNAC to
the supreme powers of Administration was already
beginning to excite jealousies among the contempt)•
rary soldiers of the Republic. In stating this, we
mentioned especially the name of General LAMORI-
CIERE—a warrior who, from his unquestionable
prowess, his youth, his abilities, and his ambition, can
scarcely be expected to regard without feelings of
jealousy the continuance of supreme authority in the
grasp of a man not one whit more distinguished than
himself and several of his companions in Algeria.
The offer of the command of the Piedmontese army
to General LAMORICIERE elicited from us these
opinions as to his probable aspirations ; and the sub-
sequent tender of the same troops to General BEDEAU,
might induce us to allude to his reciprocation of
jealousy, but that the misunderstanding between Gen.
CAVAIGNAC and General CHANGARNIER eclipses in im-
portance all the more latent quarrels among the
lieutenants of Marshal BUGEAUD. It will be re-
membered that some indignation was expressed a few
lays back at certain expressions which were uttered
by General CAVAIGNAC in the tribune of the Na.
lonal Assembly, seeing that those expressions implied
menace against one of the legions of the National
Guard on account of its alleged tendency to reaction.
since then General CHANGARNIER, the Commander-
in-Chief of the National Guard, has addressed a letter
-o the Chief of the Executive Power, demanding an
explanation of those expressions. This communica-
ion having produced some bitterness of language
between the two soldiers, General CHANGARNIER ad-
dressed General CAVAIGNAC thus :—" General,—You
imagine yourself more powerful than you are. It
you were really what you imagine yourself to be, I
would this moment place my resignation in your
bards." In answer to this, General CAVAIGNAC has
written the following epistle, in which it will be
observed that doubts are obscurely expressei as to
the sincerity of General CHANGARNIER'S allegiance
and attachment to the Republican regime :
"My dear General,--I should have been happy to see
united in the Champ do Mars on Sunday last all the Na-
tional Guards of the Department of the Seine. You
ill appreciate the motives which have made m- judge
that to the national and only sovereign Assembly this
faculty belongs. But I could not deprive myself of the
satisfaction of seeing successively the different battalions
it the head of which the confidence of the Government
of the Republic has placed you ; and the manifestation
to which these patriotic assemblages give rise. The ab-
'olute and exclusive devotedness to republican principles
of which all the citiz,ns there give such incontestable
and striking proofs, must revibrate through the country,
and draw cl.ser the bonds of fraternal confidence which
unite all the national Guards of the Republic. For my-
self, I experienced from it a lively emotion of confidence.
I had no need of being fortified in that irremovable re-
solution which will make me remain faithful to my
duties ; but I found in it a new confirmation of my con
vietion that the nation is seriously, invariably, engaged
in republican principles ; that in them it places all its
future hopes, and that to attempt to act on any other
would be at once to betray its interest and controvert it 4
will. You and I. my dear General, fully comprehend
this, and we both draw from it a new reason for the sen-
timents of affection and confidence which unite us, and
of which I am happy to renew to you my sincere assur-
ance. " E. CAVAIGNAC."
Although the National confirms the announce-
ment made yesterday evening by ourselves
respecting the acceptance by Austria of the Anglo
French mediation in the affairs of Lombardy,
adds—

of the House, and on the forbearance of its Members."
Has that forbearance been exhibited during the past
session ? How often has Mr. ANSTEY yielded to
the urgent roquests from every side of the House, or

when has Mr. URQUHART refrained from pressing
his peculiar views on the drowsy assemblage i
There are certain persons upon whom every appeal
to good taste and forbearance is utterly unavailing.
It cannot be supposed that the House of Comm ns

will remain free from the interruptions of such per-
sons unless the power be given to a large majority to
terminate these vexatious proceedings, and to remove
the impediments which an insignificant and factious

minority may under the present system inter-
pose to the progress of public business.
That power would seldom if everl be
abused, and we venture to say that no
Member would be debarred from impressing his view,
upon the House upon any important occasion ; no'
►could measares be hurried through without full and
ample di,cussion.

We cannot coincide with the objections that are en
tertained to the rules which have been found effectual
in France and in America. In the former country
the evils that have at length reached to so great an
extent in our own House of Commons had become

perfectly intolerable, and brought the Legislature
into general contempt out of doors. A simple and ef-

ftctual remedy was provided, in "La cloture," which
permitted any Member to call for an immediate division,
when one person only could be heard in opposition
to the demand, and that opposition strictly confined
to the question " whether the debate should now be
closed." This is in France considered an indispen-

sable power, and one which had not in the main been
unjustly or improperly used. 'Why should it not be
adopted here in a modified form ? We would not

insist upon each speaker being limited to a specified
time, as in America, although the instances are very
rare when anything of real importance upon the sub-

ect under discussion might not be delivered within an

hour. The mvjority should be authorised, however,
to demand the closing of a particular oration, as well

as of the debate itself ; and such a power would
seldom if ever be brought into operation.
We shall on a future occasion return to the con-

sideration of this important subject.

If " prevention is better than punishment," if it be
more desirable to induce the wretched inmates of our
gaols and houses of correction to abstain from the
commission of crime, rather than to inflict severe pe-
nalties upon them when convicted, then the motion
which M. ARMSTRONG, on Thursday, submitted to
the magistrates of the cqunty of Middlesex, for the
establishment of a House of Industry for discharged
prisoners, should have been unanimously agreed to,
in place of having been rejected by a small majority.
There can be no question as to the vast importance
of such an instituti in. In the metropolis
alone, there are said to be no less than 30,000 children,
who are literally impelled into crime from the miser-
able circumstances in which they are placed. Shunned
and abandoned by all, they have no kind instructors
to point out " that honesty is the best policy," or to
teach them by what means they may be enabled to
earn a livelihood by their own industry. They are
the very Pariahs and outcasts of society. Grow-
ing up in total ignorance, they fall easy
victims to the seductions of experienced thieves,
who are ever on the look out for recruits
into their ranks, whom they may trsin to the com-
mission of petty thefts, and make the instruments for
carrying out their own nefarious designs. Common
humanity would demand that the houseless and des•
titute orphan should be protected from these mis-
creants, that he should be preserved from the de-
moralization and guilt into which he must inevitably
fall, unless shelter and instruction be afforded.
Every day we see wretched objects pursuing their
career of crime, going through the various gradations
of guilt, without a single effort being made to rescue
them from their melancholy fate. Prosecutions
are carried on at an immense expenditure. Gaols
are erected, a police force maintained, and yet little,
if anything, has been attempted to render this enor-
mous outlay unnecessary, or even materially to
reduce its amount. A helpless child, perhaps an
infant in years, is detected in the commission of some
petty crime. It may be his first offence, into which
he has been led from the absence of parental control,
or from a variety of other circumstances, easily
conceivable by a person who has inquired into
the subject. The law must be vindicated.
He is condemned to a short imprisonment,
during which period he is associated with hardened
criminals, who instil the most pernicious principles
into his youthful mind, who boast of their misdeeds,
and teach him all the secrets of their craft. When
the period of his liberation arrives he is let loose to
prey upon society, with a ruined character, and
wholly ignorant of any trade or calling by which he
could earn an honest subsistence, even if employment
could be obtained. No alternative remains—
he is compelled again to thieve in order
to support existence, and is wholly
to extricate himself unable
from the meshes of the

" We are not able to guarantee the perfect exactitude
of this news, and we believe that the Government
has not yet received a confirmation of it direct from
Vienna."
The Journal des Ddbats, however, seems to regard
the account as accurate, and this impression is also
expressed by the usually cautious Constitutionnel, so
that we may safely regard the intelligence as au-
thentic.
The National Assembly is proceeding with unex-
pected rapidity with the project of the new Consti•
tution. In compliance with the amendment of M.
JEAN RETNARD the word " principle " was substi-
tuted for the word " dogma " in the 4th clause,
where it is said that " the dogma of the Republic is
Liberty, Equaliy, and Fraternity." The proposition
of M. DELVILLE, to the effect that after the phrase
"In the presence of Gon " should be annexed the
words "in a state of siege "—being a sarcasm on the
ruling Government, was, as a matter of course, re-
jected. The further discussion of the Constitution is
suspended till Monday, this day and to-morrow being
devoted to miscellaneous business.

The Moniteur appears to-day without the usual
weekly return from the Bank of France. No expla-
nation is given of the delay, and the fact will un-
doubtedly create considerable uneasiness at the
Bourse.

GERMANY
AND

AUSTRIA.

....... ... ... +234

.. .. .. .. .. .. .. .. 132

RAILWAYS.

The Northern.
moggnitz
Venice Milan
Leghorn
Path •• •.......
Apeunine........

........ 107%

••• •• 95%

THE SUN, LONDON, SATaRDAY EVENING, SEPTEMBER 9, 1848.

places, and that they are prepared to put it down with
a strong hand.
Since the arrival of the French mails we fiid it
stated by the Electric Telegraph, that M. BASTIDE
has announced officially to the National Assembly to•
day that Austria has accepted the negotiation of
France and England.
The Three per Cents. closed on the Paris Bourse
yesterday at 45f. 50c.; the Five per Cell's. at
71f. 25c. ; the New Loan at 731 ; Orleans Railroad
Shares, 660 f.; Rouen, 435 f.; Havre, 1951. ; Great
Northern, 3801.; Avignon, 200 f ;Vierzon, 2561. 25c. ;
Basle, 86f. 25c. ; Bord-aux, 387 f. 50c.; Paris and
Strasburg, 347 f. 50c. ; Tours and Nantes, 327 f. 50c. ;
Paris and Lyons, 3661. 25c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE

LONDON STOCK-EXCHANGE. SEPT 8.
Namur and Liege, 4'4 ex int.—Northern of France, 63%
ex int.—Orleans and Bordeaux, 114 ex int.—Paris and
Lyons, 4%.

SPAIN.
Madrid papers of the 3d and 4th inst. have been
received.

All rumours of further changes in the Cabinet are
declared to be erroneous.

MON, who has just entered upon his admini-tration
as Minister of Finance, proposes to carry out large
financial reforms, such as a reduction of expenditure
and an alteration of the tariff.

The Cortes will not re-assemble before November
or December.

An insurrection was expected to break out in
Seville prior to the confinement of the Duchess DE
MONTPENSIER.

On the Ist instant an English gentleman, whose
name has not transpired, committed suicide by shoot-
ing himself.

THE NORTHERN STATES.

FRANKFORT-UN-THE-MAINE

Letters and dispatches from Frankfort to the 6th
instant, inclusively, have arrived.
The excitement which prevails as to the Schleswig•
Holstein question has become something tremendous,
not only in the Imperial city itself, and at the Han-
seatic towns, but throughout almost the whole of the
independent states of Germany.
The Assembly, after a stormy discussion on the
6th, rejected the armistice, the decision spreading
like wildfire through the city, and causing a general
feeling of satisfaction.

The Cologne Gazette, in the postscript, dated the
6th instant, half past one, says, " The Ministry re-
signs."

At Hamburgh the excitement continued to be
almost indescribable, and the abhorrence of the con-
duct pursued by Prussia towards the Duchies is as
profound as it is becoming universal.

Intelligence one day later from Vienna has been
received.
In the Wiener Zietung
is published the financial
account of the Austrian empire, for the nine months
ending July 31, 1848, and also for the separate
month of July last. It appears by that account that
the receipts during the former period amounted to
91,298,835 florins, and the expenditure to 119,554,205
florins, thus showing a deficit of 28,255,370 florins,
instead of—as anticipated when the budget for this
year was struck—a surplus of 3,687,650 florins for
those nine months; so that, for all practical pur-
poses, the deficit for that period is same 31,943,120
florins. It must be borne in mind, however, that
no revenues had been derived from Lombardy
and Venice since the middle of March ; from
Hungary since the beginning of April ; or from
Liebenburger since the 24th of June. Those cir-
cumstances will account for a deficiency of about
twenty millions of florins. The revenues from other
parts of the empire have sensibly diminished, in con-
sequence of the stagnation of commerce, and there
has been an increased war expenditure. During the
month of July last the receipts were 7,213,267
florins, whereas the expenditure amounted to
14,276,396 florins, being a deficit of more than seven
millions of florins. On the 29th ult. the value of
the notes of the Austrian National Bank in circula-
tion was 202,790,153 florins, and of the convention
coin and silver bars in deposit only 32,236,098.
In consequence of the false statements given in
the public journals and pamphlets, respecting the
late occurrences in Vienna, the Minister of the In-
terior has announced officially that a strict investiga-
tion into the affair of the 23d is now pending and
will be laid before the public. He concludes by
saying :
" The reports width have been circulated, relative
to the killing and wounding of children, drowning
the fugitive workmen in the Danube, and other
cruelties, laid to the charge of the National Guard
and the Committee of Security, are mere idle in-
ventions."

In a second public notification the Minister o
;he Interior says:—

" The Minister of the Interior has received repeated
notices that the Guard of Security have been op-
posed, and murdered in the discharge of their duties,
and have been personally attacked and assaulted.
This guard being a public organ, the Minister of the
Interior warns the public that, by opposing it, they
are guilty of heavy transgression against the polioy
authorities, and are liable from three days to three
months' imprisonment, according to circumstances.
" Whoever impedes the Guard of Security in the
discharge of their duty, whether by menace or force,
even if there be no weapons nor unlawful assem-
blages, is guilty of a breach of the public peace, and
liable to close imprisonment from six months to five
years.

"Vienna, Sept. 1, 1848.
" The Minister of the Interior,
"DOBHLOFF."

FROM THE CROATIAN FRONTIERS.— Since the re-
turn of the BANN to Agram from his tour of inspection,
the greatest activity prevails among all classes in
arming themselves.

The borders have declared that, in case of need,
.hey will furnish additional succour to the amount

of 5,000 or 6,000 men, for each of the seventeez
frontier regiments, so that the Croatians will amoun

to more than 100,000 men ; and with the addition a

the 38,000 Borderers still in Italy, all picked troop,
will constitute by no means an inconsiderable army.
The present disposable power of the Croatians amounts
to more than 40,000 men, 15,000 of which are en-
camped on the frontiers, and the rest are in canton-

ments, ready to concentrate at a moment's notice.
Along the Drave, at Warasdin, Koperinitz, Lud-
burg, and farther towards Slavonia, are stationed
Serezan and Slobodniak borderpra, tho former of whom

. tko the enemy, being first-rate marks-
men, who will take aim with their long Turkish guns
at a distance of 1,000 to 2,000 feet. They are all
well furnished with artillery and weapons, but art
deficient in practice. All are anxious to support corn.
bat against Hungary. A new regiment of Hussars
of 1,200 is being formed, and many of the Slavonian
students of Vienna are resolved to hasten to Agram
to support the Croatians.

General BAUDRAND, a distinguished officer under
Napoleon, died at Paris yesterday.
A project has been put forward, and a petition pre-
sented to the National Assembly, to raise funds to
enable 20,000 families now unemployed in Paris to
establish themselves in Algeria. The treasury being
empty, an attempt will probably be made to raise
funds for this object by private subscription.
The excitement still continues as to the approach-
ing election of three representatives for the depart-
ment of the seine, the day of the election being '
fixed for the 17th instant.
M. BERRYER has, it is said, attcepted the task of
defending SORRIER on his trial, which will probably
take place in about a month, for the affair of the
15th of May.
Captain BAUDIN, who is about to leave the cos. -
mend of the station of the western coast of Africa, PRUSSIA.
has been appointed Governor of Senegal.
• h the 11f/forme , which, schieswi—.
articles congratulatory on the termination of the
journal, being dissatisfied with Berlin papers of the date of the 6th contain
M. LEDRU ROLLIN is about to establish a new
g Holstein question, the tone of which is
in conjunction with M. FLocon, he founded in 1843. rendered somewhat ludicrous when contrasted with
The editor-in-chief of the R'forme, the friend of the fact of the rejection of the armistice by the
the late GODEPROY CAvalwiec, maintains a closer Frankfort Assembly.
intimacy with the head of the Government, and is The cholera is making considerable progress at
more influenced by him, than M. LEDRu Roman Magdeburg, particularly in those portions of the town
approves of. which border on the Elbe--
portions in which the
It is confidently stated that the Government are in epidemic committed great havoc in 1831. In this
full possession of a Louis Bonapartist plot, with rami- capital about fifty fresh cases occur every day. The
fications at Lyons, and no less than ten other different ;ecoveries axe butlew.

The Ministeks have resolved in their sitting this
evening to resign on 'Thursday next, if they do not
obtain a large majority on the Army Inquisition Bill.
The saloon of the President AueeswaLn was very
thinly attended this evening, as all the delegates
were more or less occupied in vague discussions
in various meetings.

A Slavonian Association has been formed at
Laibach, fur the support of the Slavonian question.—
Allgemeine Zeitung, Sept. 4.
AUSTItIAN FUNDS.—VIENNA, SEPT. 4.
4
5 per Cents.
•• ••
per Cent •• •• •• •• 1,2%
3 per Cent......
2% per Cent....
1 per Cent..... .
Loan, 1834.....
.a 1
Ditto, 1839.................•
••
Banksta r 11v,s
o .1.
Shares.a
z 1,105
E

iMON; E V and C 4 3,1 117,-'1 C. A, 1, '. ;7A; ki'S
CITY, (V/A II TER 7'!) T/181:'':•.
The Cotton Market at Livi rp,tol this week has b -en
rather in favour of buyers, ovt tug chit fly to the expecta•
tion of abundant crc-ps in Am,rica. Sales of the week
26 730 bales.—Railway shar., a had been very dull yes-
terday, at low pric -s.
Th•• items of the Bank of England account for last
week do not exhibit any very interesting features, 'hou4h,
upon the whole, they are sa.is'aelory. The G.,vern-
went balance has increas• d to a limi.ed extent, aid the
other securities, chi fly hill= under discount, show an
augmentation of nearly half a million, being the best
feature in the statement, it it arises fr.in greater activity
in trade, which, however, one could perhaps scarcely
have anticipated. The bullion is maintained. The
active circulation has not been much aff -cted. The fol-
lowing are the particu!ar changes in the account !
Notes issued 26.883 505
Increase 30.385
Rest . ... 3 826,382
Increase
Public ILposirs
.. 5,021,59 l
Increase
Other Deposits 8 824.607
Increase
Seven Day and other Bills
Decrease
Government Securities
Other Securities
Increase
.
Notes
•••• 8 784,795
Increase
Bullion
Increase 5 999
Active circulation .... 18,098 710
Decrease
The following particulars refer to the metal trade for
the last month, and are furnished by a leading party in
the trade:—
'' Iron—English bars are not quite so high as last
month, and Rails are to be had en easier terms. Scotch
Pigs are also about Is. per ton cheaper, and only a
limited business has been done in August. Stocks of
Scotch Iron have not materially increased. Swedish
Iron 101. 10s. to lit, with very small stock. Keg Steel
12/. Copper has undergone no change. The ship-
ments to ad India in August are about 300 tons. Tin
—English, without alteration. Banca is lower in Hol-
land, and is offered at 675. per cwt., free on board there.
Straits without change and little doing. Spelter has
been less firm."
In consequence of the observations made at the meet-
ing of Mexican bondholders, Messrs. Schneider and Co.
have deemed it advisable to publish a statement of their
position, according to which it appears that they are
absolutely independent of all control. " The State,
'tis II" seems to be their axiom. In the name of
reason for whom do Messrs. Schneider act ?
Are they the agents of the Republic ? If so,
how is that they decline compliance with its in-
structions transmitted through the Minister resident
in England. Are they acting for the bondholders ?
Assuredly riot, for the bondholders desire at least the
placing of the money held in the Bank of England, for
joint account of their chairman and the firm. But, stay,
we have the solution, they act perhaps for the house of
Messrs. Manning and Mackintosh, of Mexico. But
are not Messrs. Manning in friendly communication
with the committee? They insist upon certain conditions
attached to the bonds, that a whole dividend shell be
paid, so that not even the acquiescenk:e of all parties
concerned will induce them to do what is just. The
bondholders, however, must be energetic and will per-
haps yet sum ed.
The Stack Market is exceedingly quiet this morning,
but the Austrian ace, ptance of mediation keeps prices
steady. Glis,ils are 86 to i for transfer next Tuesda),
and 861 i for Account. Exchequer-bills of March are
:31s. premium. Bank Stock is 196. The New Three-
and•si-Quarter per Cents. are 87 to 87k.
In the Foreign market even less is doing. Equador
Bonds are at 2, and Spanish Three per Cents. at 23.
The other securities are nominal. Mexican at 16i to 17,
and Dutch Two and-a-Half per Cents. are 444 to i.
Railway shares are in sine instances a shade better
than yesterday; but North-Western. Midland, York, and
South-Eastern continue very depressed.
BRITISH FUNDS TH IS DAY AT ONE O'CLOCK.
(From the Official List.)
dank Stock 19t1
3 per Cent. Reduced Annuities.-- • B6l/13g
3 per Cent. Consols Anns B6 t 6 LA
New 314 per Cent. Ames 871,i3 87
India Stock —
Do. Bonds, 10001 2l p
Consols for Account
6xchequer Bills. 214c1. 2d.
March. June,
1,000/.
500/. ... ..
Small — 22 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Equador Bonds 2
Spanish Bonds, 3 per Cent 23
Dividends on the above payable in London.
BITSINEs, :Wilt. ill RAILWAY 811AREA7bl ONE O'CLOCK
RAILWAYS. PAID. PER SHARE.
A•berdeen
X m ben, Notting., Boston, ic 334 —
tyrshire and Galloway
Belfast and County Down .. 17 q .. ..
dirmingnam & Oxford June... 20
3irminghain, W 01.,& Dudley 10 . . -
3irtaing., Vol.. & Stour Val. 131.148....
Birkenhead, Lancashire, and
Cheshire: J unction lO
i3oston. Stela, & Binning... 5 -
iiristol and Exeter
Do., Thirds
Buckinghamshire • 141. 4s —
7aledonian
Ditto, Half Shares
Ditto, New 101. Preference 2
Ditto, Clydesdale Junction 50
.hester and Holyhead 471,1 .....
-Ditto, Preference
t.larence.
Do., Ist Class, 6 per Cent... 10 • •.. to
D0.,2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Direct London & Portsmouth 514 — to
Dublin and Belfast Junction.. 30
Uundalk and Enniskillen ... 20 ......
East Anglia, 251. L. & E.,
sad L. & D
Ditto, 18/., E. & II lB
Ditto,3/. 10s., E. & IL.. 31, — to -
,'astern Counties -
Do. New Guarant. 6 per Ct. 5 -
Do. l'erpet.,s perct.No. 1,6/. 13s. 4d — ...... to -
Do., do. N 0.2,6/. 138.4 d — ..... to •
Do., Northern & Eastern... 50
Do., 5 per cent. -
Do., Quarter ..... ...... ...... 121/2 ..
Do., New
Eastern Union, Class A (late
E. U. Shares) ...... ..... 25
Ditto, ditto, Class A, ditto 1
Ditto, do, (lass 13 (1. & B) 20.
,_. ...

to

Ditto, do, Class C, ditto..-. 171/2 —
Ditto Scrip (gua. 6 per ct.) 10 ......
Ditto, ditto
Ditto (C. & E.), 5 per ct. 2',
East Lancashire
Ditto, New .. . : ......... .... . 19
Do., New Quarters
Do., 6 per Cent. Preference
Quarter Shares 414 —
East Lincolnshire ... 23
iclinburg.ll and Ulasgow

Ditto, Halt Shares
Ditto, Quarter Shares l2l/t
..... Edinburgh and Northern ... 25
Ditto, New....... ••••- 6. to
—. ...... to
Ditto, New port l3
. •••••• to
Ditto, ditto, New 33/4 — ...... to
Exeter, Yeovil, & Dorchester 2%
4 •••••• to
Ditto, New ... 2% ..... .-- ..... to
Glasg., Dumfries, & C.irlisle..Bl. 64.8 d — -- ... to
Glasgow, Kilmarnock, & Ayr 50
Ditto, New
Do.Preterence Consolidated 15 .....
Great Northern l7
Do. London & York Eaten 214 ......
65i°!:*:
tot:
...... ...... to
Ut. South. & West. (Ireland) 421 h ...... .
Great North 01 England IOU ......
Ditto, l',, w 401 4O to
Ditto, ditto
Ditto, .New 30/., ..... ••• •• to

... 30
......
Ditto, New 154-- .... ... .. - ..... 14
G ...... to -
- . ... to -
reat Western
•.•
to -
x
...... 791/2 x.d. to 79 .d
. . ... - .. ,
Ditto, Halt Shares 5O .
Ditto, Quarter Shares . 21
...... -' -
Ditto, Fifths 2O •
...... - • ... CO --
Do. New 171. l3 ..... - ... .. to -
iludderstield and Manchester 28 ..
....
-
to .-
Dittc, Thuds 9 ..... - -
dull and Selby 5O .... - ...... to -
......
Ditto, Halt Shares ... - ...... to -
Ditto, Quarter •Shares 12% - •
to -
Lancaster and Carlisle.... ... 50 - ...... to --
Do., Thirds...... lO -
Lancashire and Yorkshire ... 93 ...... to -
..•
Ditto, ditto ... : ........ ..... 86 - .. .- ...
to ._..• to --
Ditto ball' Shares
...... .. 4:3 - ....
Ditto Quarters ........... . ... 17% - ... .. to -to -
Ditto Fifths ........... .. .... 9 -
to
,4 .--
Ditto Sixteenths ..........
to -
6% - ..... to -
Ditto Thirds (Reg..) •
13 -
Do., New Guar. 6 per cent. 21
Du. Liverpool and Bury... 43 - . ... to
to
Do. (Rudders. and Shelf.) 38
Do., Wakefield, Pontefract.
and Goole 5O -
Do., West Riding Union... 6 .... . %% to
Do., Preston and Wyre ... 25 -
Do., du., Half Shares (A) 91,4 -
Leeds and Bradford 5O ..... -
Leeds,Dewsbury,ti blanches. 50
to Du., Halt Shares -
-- -
-
Ditto, Blue (scrip) ..... .... 2,4 - ••••••••• to -
Leeds and Thirsk ......... ..... 50
DDoit.t.,od,oN.,
3%
port.
Liverpeol•CePwrroesfbeyr.,a6tip.de-rS.
_.--- :::: to
:-
Liverpool, Manchester, and _
New castle J unction 21.4 - to -
London 84' Blackwall ......13/.625iA8d....
_.4%.x....d.:
toto ____
Do. Extension
Southper
cot.
Coast 50
... d...
to
.....-- Lopndo..,
Guaranteedlight p
pt,. pref. Cony. 5 per Cent. 50 - .. ... to --
1852 50 - ...... to -
Ditto, ditto
Do. , New, guar. 6 per cent. 4 ...... 414... .. to --
Greenwich... 1128/1. 1154.
24dd......
_.-- .. .. ..... .. tt:
....
edern.....100 lll ..... to 112
..... to
L01.1111::dodit:ottlio4 azi:urarNrde,o,eerirt:bn(WceL. an d
I; . )
22 _
Dl. New -
Do. Fifths -
Do. 410. Share,- ..L... & N.l 25 ...... -- ..... to
....
Do. 10/.... Al. and B. (A.) 9 .... . _
..... to --
Do. 10/. .. M. and B. (13,) 9 ..... 9/ ...... to •-• Do. 10/.... M. and B. (C.) 1 ...... .....
8.
. ••• to .....
London and S. Western...-. 50 ..... 3714 x.d... too 6 x d.
Ditto. New 504. ...... ....... 42 iii ...... 25 X. i . to AI
.
Ditto, New 404........._ . .. 34 ...... 18 ...... . to :--
Do. "fentlis (t.•olis,ii,lateel) :A.) •••••• 34 .. to -,-
Do. .fenthsiConsoliii.iteti) to
....,, 21 .... ~.
Diu, Thirki.... ........ 11/. , 3s. fa ... 51,4 .... '‘o' ....-
Do., New Scrip 1848, Pref.
7 per Ct. on Deposit and
6 per Ct. on Ca11e,....14 13e. 44.... .. . to
..... ~...