The Sun.
London, England, 1846-12-07 00:00:00

will circulate freely and generously among them ;
they will be animated by the wholesome fluctuations
encited by the din, and morally elevated by the inter-
course with their fellow-men, consequent upon inter-
national traffic. Once place Ireland directly in the
track of the commercial orbit by which the other
kingdoms of the globe have become so prosperous
and so powerful, and her miseries are for ever dissi-
pated and her glory is already predoomed.
In the prospectus of the Wexford and Valentia
Railway Company we recognise the indication of the
first step towards the commercial orbit to which
we have alluded. It will not have escaped the public
recollection, that it was originally proposed by this
company to connect Wexford and Valentia by a
direct line of communication running across the south
of Wexford, transversely through Kilkenny and
Waterford, through the centre of Cork, and thence
through Kerry to its destination. That scheme has
been abandoned, and we think judiciously. A new
proposition is made by the provisional directors—a
proposition much simpler, much less expensive, and,
to our thinking, much more efficacious. To condense
the scheme into, one sentence—it is proposed that
there shall be a line of railroad only forty miles in
length from KillLrney to Valentia, that line being
connected at the former spot with the lines granted
during the last session ofParliament. By this admirable
arrangement a moat enormous outlay is avoided
while all the original advantages are secured. The
251. share will be reduced to a 101. share, and thereby
the liabilities of the shareholders will be wonderfully
decreased.

cultivated men have long ago abandoned it : the
principle that it is sinful to overthrow established
tyranny in any country, and under any provocation.'

The advantages of the proposal which we have just
explained, while they are obvious to every reflective
mind, are of such extraordinary importance that some
allusion to them is absolutely requisite. We should
be incapable of appreciating the value of geogra-
phical position and mercantile opportunities, were we
to allow this remarkable scheme to pass without an
immediate and emphatic approval. It must be
remembered that Valentia would by this arrange-
ment be placed in direct communication with
the capital, and that, being the nearest har-
bour to America, ani one of the noblest ports in
the United Kingdom, it would thereby ensure to
itself an endless and gigantic traffic. As was ad-
mirably implied at the Court of Baronial Session
assembled in Cahirciveen, on the 9th of November
last, the western portions of Ireland would
be no longer dependent upon the eastern
ports and channel navigation—always a tedious and
precarious medium of transit—for Government stores
and provisions. Vast expenses would be thereby re-
moved, much time would be saved, infinite trouble
avoided. It is not, however, in these de-
tailed advantages that we recognise the excellence
of this projected line. It is in its influence upon
the Irish population generally. Although covering
a length of merely forty miles, we conceive this Va-
lentia and Killarney Railway to be of a national im-
portance. By it in a great measure Ireland would
be placed immediately in the current of in-
tercourse ebbing and flowing between the
new world and the old. It would share
largely in the profits of commercial speculation
between the two hemispheres. It would render
Ireland a path for Europeans and Americans to
traverse. Gigantic markets would be opened directly
for Irish produce and Irish manufactures. Such an
impetus would be given to industry and enterprise
in the island as would act upon all classes of its popu-
lation—upon its agriculturists, its manufacturers, its
landowners, its tenantry, its farm-labourers, its
.artizans, its shop-keepers, its ship-owners, its mer-
chants. Every one would be materially benefited by
the stimulus, work would be afforded to those out of
employment, provisions would necessarily be more
plentiful, large additions of capital would be em-
barked in the undertakings which it would render
inevitable. For our naval forces the magnificent har-
bour of Valentia, would then present many advan-
tages. Situated on the most prominent and central
of the peninsulas of Kerry, between Dingle Bay
and the mouth of Kenmare River, it is immeasurably
more accessible than Cork, and infinitely more con-
venient for American traffic.

which shall amount to an acte, and everything leads us
to believe that M. Guizot, who on the first day was de-
cided as to the spirit, is now closely occupied with the
form. This will be a real event, and it will not long be
delayed."

We see no reason for classing Mr. MEEHAN among
cultivated men, and therefore hold it of little
consequence what principle he either aban-
dons or cherishes. But if the principle here
laid down is to have any meaning or practical
import, which, from the bluster they make about it,
we suppose must be intended, it can signify only this,
that England tyrannizes over Ireland, and that the
provocation is so great that it would not be sinful to
upset the English Government. It must mean this
or nothing. This argument, then, is plain, down-
right rebellion. Such is the view taken of it by Mr.
O'CoNNELL, and, independently of his high attain-
ments as a criminal lawyer, and his vast experience
in political matters, no rational man can doubt that
he has done right in weeding out from the ranks
of the Association such reckless doctrinaires. "No
reason," observes Mr. MEEHAN, "has been urged for
yielding our conscientious convictions to the will of Mr.
O'CoNNELL, but might equally be insisted upon for
the betrayal of nationality, honour, or religion."
This is to be taken, we imagine, for irony. Be it
so, it is miserable twaddle. A major cannot be
contained in a minor:; and if Mr. MEEHAN cannot
concede that Mr. O'Commu.'s past struggles and
successes afford a presumptive reason for subjecting
his opinion to the judgment of Mr. O'CoNNELL, we
can only regret that his intellect is so devoid of elas-
ticity. We are not bound to furnish him with an
understanding. If we did this for one, another
would soon be asking for the same boon. In
all probability the Rev. Dr. OTARROLL would
be the next candidate for the favour. This
gentleman seconded Mr. MEEHAN, and ex-
pressed his disapprobation of " priests and bishops
mingling in politics, because it gave a tone of secta-
rianism." Then, what possible business had Dr.
O'CiAtuoLx. with the meeting in question ? Why set
his opinions and actions fisticuffing against each other ?

No proceeding of this nature can of course in-
terfere with the importance which has been so justly
acquired by Liverpool, as the medium of intercourse
between Great Britain, the West India islands, and
the American continent. In the construction of the
Valentia Railway there is no destroying the interests
of one locality for the benefit of another—there is only
the greater diffusion of the blessings of commercial, so -
cial,and intellectual traffic throughout the United King-
dom. After all, SYDNEY SMITii was right—the people of
Ireland should not so much cry out " Erin-go-
bragh !" as "Erin-go-bread and cheese ! Erin-go
thatch to keep the rain out ! Erin-go pantaloons
without holes in them !" Those very sensible if not
very poetical aspirations will be realised only by such
plans as this of the Valentia Railway.

Young Ireland is making a great spurt—the party
is actually trying to assume an attitude. They are I
evidently sorely vexed with their own diminutive-
ness,
when contrasted with the stately stature of their
powerful antagonist at Conciliation Hall. However,
young Ireland has got into the field, though into the
worst part of it. How the creature reached it no-
body knows ; but it certainly is there. The croaking
noises that grated the ear, led the public to turn
round and search for the intruder. This
living curiosity was discovered concealed in some
very rank grass. Its . body is excessively
swelled, and its palpitations are distressingly
manifest. Some say it is so swollen with rage, it
will assuredly burst. It seems the sight of its lordly
opponent on the same ground has led to this comical
scene. The fable of the toad and the ox is faithfully
brought to our recollection.
A. meeting " of the Dublin Repealers opposed to
the present policy of Conciliation Hall," was packed
in the Round-room of the Rotunda, on Wednesday
night. A sprinkling of the juvenile political de-
linquents appeared on the platform. The chair
was filled by one Mr. COMYN, of Woodstock.
His opening speech was well cheered, first, we
should think, on account of its exceeding
brevity, which is the soul of wit, and next, for the ex-
cellence of its matter, whereof the end-all and be-all
was, that the present Government was the worst that
ever undertook to manage Ireland, and that coalition
with any English party was highly to be deprecated.
All this was received as sublime truth, and so would
have been any other nonsense that be might have
chosen to utter. Let us proceed. The secretary,
Mr. 11.1‘Gee, next strutted forward. His trick was a
very good one. He announced that he had a letter
from an eminent professional gentleman, marked
private, which he could not therefore read, offering
1001. to any repeal organization that would enable
Young Ireland to do their duty at the next election.
1 This was good by-play. The secretary is un-
doubtedly an adept at the game of hams pm. So
fortunate, too, that the letter was marked private,
coming,, as it did, from a professional gentleman !
Tne communication tickled the fancy, and the meet-
ing was so good-humoured that this little piece of
delusion went off agreeably enough. Mr. RICHARD
0. GORMAN, jun., gave vent to some choice rhodo-
montade. Ile would have it that the answer to the Cork
Repealers was unsatisfactory and deceitful, and grew
very lachrymose when he declared, that Conciliation
Hall had degenerated so low as to be the committee-
room of an English faction. He reminded the meeting
that he was unplaced, unpensioned, and unbought,
and only wanted moral force to obtain repeal ?
whereas Mr. O'CONNELL desired to use it in support
of a Whig Government, The Rev. C. P. MEEHAN,
C.C., tried his hand at oratory, and expatiated upon a
report drawn up by their committee upon the origin
of the dissensions between Old and Young Ireland.
Both the report and the reverend gentleman were
equally facetious. Their joint rnanceuvre consisted
in attempting to prove that Mr. O'CONNELL, and not
themselves, forced the secession. How many sane
persons they expect to persuade to this, we cannot
surmise. But we are satisfied the report will re-
main a monument of their own folly. That Mr.
O'CONNELL would ever have dreamt of voluntarily
weakening the repeal party by severance, unless he felt
convinced that the very existence of the Association
was endangered by the avowed principles of Young
Ireland, is sheer nonsense. That this pregnant danger
existed, is enforced by the language of Mr. MEEHAN
himself. Ilis reverence let the cat out of the bag :
"Mr. Co'CoNzieLL's new resolutions contained a prin-
ciple so obviously false and servile, that nearly all

Dr. O'CARROLL elsewhere observes that " neither
priest nor bishop should join any party, for be thought
the people's own power and knowledge and influence
should suffice to work out their independence."
This is precisely our own opinion. We, there-
fore, recommend Dr. O'CARRoLL to remain
in future quietly at home. But where was
Mr. SMITH O'BRIEN during this farcical pa-
rade ? Great generals, we know, quietly seat
themselves on an eminence, whilst a forlorn hope is
advancing to breach the enemies' walls. We are not
aware, however, that the Member of Limerick has,
as yet, done anything to entitle him to such dignified
repose. " Discretion is the better part of valour,"
and we should not be surprised if the war•cry of
Young Ireland, under the advice of their acknow-
ledged general, were soon to resolve itself into
" Sauve qui peut."

We read in a letter from Limberg (Galicia) of the

th ult..-

According to the Prase, M. GUIZOT communicated
on Wednesday, to his colleagues assembled in Ca-
binet Council at the Foreign-office, the substance of
his answer ,to the note announcing the incorporation
of Cracow, The same paper states that the Duc DB
BORDEAUX and his bride are about to visit England.
The Journal des Dibats, in answer to:the observations
of the Constitutionnel, which we published yesterday,
after a long introduction, reminding the Opposi-
tion press of the occasions on which they had com-
promised the alliance with England, says—
" It must not be supposed that the outcries of the Op-
position journals have been without result. The irri-
tation that they have caused in France they have pro-
duced also in England. We are perfectly convinced
that the affair of the Spanish marriages would have
been viewed by our neighbours with a calmer and
juster eye, were it not for the secret resentment
which so much abuse kept brooding at the bottom
of their hearts. They seized on the first pretext widen
offered to send us back our reproaches of avidity, Of un-
satiable ambition, of perfidy. An alliance, which they
beheld dependent on four votes in so paltry an affair as
that of the Pritchard indemnity, appeared to them to
merit but little confidence. No; the present difficulties
are not the work of one day, but of six years. We pay
at the present moment for the follies of the Opposition.
We are now gathering the fruit of their declamations
against a Government and a people who were stretching
forth their hands to us. When everything has been
done to destroy the enter* cordiale, with what a good
grace any one can come forward and say the accord be-
tween France and England is the most powerful guaran-
tee of peace and liberty ! Peace and liberty I This, then, is
what the opposition has been near to sacrifice to a foolish
self-love, or something worse—to its rancour against M.
Guizot in the Pritchard affair! At present, it is true, the
Opposition turns round. Is it for the purpose of coming to
the aid of its country in a difficult position? No; but to
join its abuse to that of the English journals—to become
the accuser of the French Government. It alone has
broken the alliance !, England has good cause to be
irritated ! The proceedings of M. Guizot have been in-
famous ! For a dowry, for a mere family ambition, 'he
accord which best guaranteed peace and liberty has been
broken Might there not be some means of re esta-
blishing this precious accord ? Perhaps there might.
Fer instance, if Lord Palmerston accepted as a suffi -
cient reparation the sacrifice of M. Guizot, would not all
be terminated—to the satisfaction of M. Thiers ? Would
not the alliance bloom forth again under the auspices of
the two Ministers, who a ;reed so well together in 1840?
The plan is excellent, and we recommend it to the admi-
ration of France. In this way would be explained these
sudden accessions of sympathy for England. these hypo-
critical tears shed for the rupture of the alliance ! But
what matter to us are your plans ? public honesty will
treat them as they deserve. Your plans will fail,
whilst your declarations will remain. You are par-
tisans of the English alliance. We are so likwise, and
we have the advantage over you of having been a:ways
so. We proclaimed before you, and we do so now with
you, that this alliance is the surest guarantee of the peace
and liberty of the world. Therefore it is that we do not
believe in a definitive rupture. The peace and liberty of
the world will not be sacrificed to paltry interests. The
English nation is a noble one. The cloud will disappear,
and the alliance of the two countries will be renewed on
a more solid foundation than your miserable combina-
tions of persons. We shall wait. As to the two questions
which you submit to us, and which you consider, no
doubt, exceedingly insidious, nothing is so easy as to
reply to them, or rather we have already done so. You
ask us if it is not true that the French Government has
endeavoured to fortify itself by an alliance with the
Northern Powers, and if it was not after having seen
this project fail that we have turned anew towards Eng-
land? We reply, in the most peremptory manner, No!
This is all the embarrassment you cause us!"
It is certainly rather rich to find M. GUIZOT sneer-
ing at an alliance as is a mere miserable combination
of persons. What, we ask, was the entente cordiale
but a " mere miserable combination of persons,'
who sacrificed the honour of the two countries to

" The sentences on 31 of the persons, all military men,
tried for having taken part in the revolt at Przierris,
have been published. Two officers were condemned to
death, but the punishment has been commuted to 20
years' imprisonment in a fortress ; the chaplain of a
regiment is sentenced to 12 years' imprisonment; several
non-commissioned officers and soldiers are to labour
from six to eight years on the fortifications ; and one
officer and one soldier are acquitted."

The German Journal of Frankfort, of the 30th ult.,
says—

" A new law is daily expected at Limberg respecting
the forced labour of the peasantry, and containing many
concessions in their favour. It is said that Tarnow writl
be the seat of government of Western Galicia, that
Cracow will be fortified, and that all the commercial
privileges and franchises now enjoyed by Podgorze will
be extended to it."

The Aix-la-Chapella Gazette, of the 30th ult.,
states that so great is the distress of the labouring
classes at Berlin, that they are compelled to pawn al-
most everything they possess to procure bread. The
crowd is so great at the doors of the pawnbrokers, that
it has been found necessary to place sentinels there to
procure order.
We learn from Berlin, 26th ult., that the deputa-
tion of merchants and traders, who had arrived there
from Breslaw for the purpose of representing the in-
jury that the commerce of Breslaw would probably
sustain from the incorporation of Cracow, had been
received by the Ministers, CANITZ and BODEL-
SCRWING, who obtained for them an audience of the
KING, in which his MAJESTY declared that every-
thing proper would be done in the negotiations with
Austria to protect the commerce of Silesia.
It has already been stated from Berlin, that there
was no truth in tha rumour of Austria having, in
return for the annexation of the territory of Cracow
to her empire, given indemnities of territory else-
where to Prussia and Russia. This contradiction is
now officially given by the Austrian Observer.

A letter from Bologna of the 25th November

says

" During the last week an occurrence took place at
Bassano, in the province of Bologna, half a league from
the Duchy of Modena, which had fatal consequences. A
party of young men at a tavern, while regaling them-
selves, were singing the popular hymn in favour of Pius
IX., when some carabineers of the police interposed,
and an altercation ensued. The soldiers withdrew ; but,
in the evening, as the young men were retiring, the sol-
diers fired upon them and killed M. Minelli, son of the
cui 6., and another person. The exasperation of the
peop!e became so great that they went to the barracks
where the carabineers retired, and commenced a riot,
which was only appeased by the intervention of the
magistrates of the town, and the delivering up
of the offending carabineers, who were con-
ducted to Bologna, and there committed to
prison to take their trial. On the IGth and 17th
there were disturbances at the University of Bologna,
and in the evening of the 25th at its theatre, during the
performance of Chi istiun VIII. King of Denmark, in
consequence of its allusions to the oppressions imposed
upon Denmark by foreign states. The officer of police
ordered the curtain to be dropped, and stopped the re-
presentation. The public thereupon became enraged,
and tore the curtain down, destroying everything within
their reach. The armed force did not venture to show
itself.; but the officers of the civic guard interposed, and
put an end to the riot."
The POPE is still engaged in the promotion of libe-
ral measures. He has recently commuted the punish-
ments of several political offenders, and is about to
issue a decree diminishing the duty on salt. Since
his HOLINESS has established civic patrols, nocturnal
attacks have entirely ceased.

Madrid papers of the 27th have arrived.

The Heraldo notices two rumours current in
Madrid—one, that the Government, dreading to meet
the new Cortes, intends to dissolve it immediately
after its organization ; the other, that the Ministry
will be dissolved, and be replaced by a Ministry of
which the Marquis of MinArLoaEs will be the chief.
The Herald() says it does not think either of these
rumours entitled to the slightest degree of credit.

The Heraldo announces the arrival in Madrid of
the Count DE THOMAR (COSTA CABRAL), the new
Envoy Extraordinary to the Queen of PORTUGAL.
The Espanol mentions a report that CABRERA had
not only entered Spain, but had actually arrived in
the province of Madrid. This is very improbable.
The Foment() of Barcelona states that on the 221
ult. an engagement took place near Susqueda between
a detachment of police of twenty men and a band of
fifty Carlists. The affair, however, was not of any
importance, for no person was killed, and only one
was wounded.
There is no intelligence from Portugal in any of
these Papers.
MADRID BOLSA, NOV. 27.—The Three per Cents.
closed at 34 • the Four per Cents. at 21 ; the Five per
Cents. at 214 ; and Coupons not Capitalized, at 19k.

We have received the Paris papers of Thursday.
On the subject of the rumoured change in the
Ministry, the Revue Nouvelle, which is supposed to
have access to official sources of information, says—

mere party interests ? We, however, feel firmly
convinced that " the cloud will disappear, and the
alliance of the two countries be renewed on a more
solid foundation," more solid because it will be a
real alliance between the nations instead of an
entente cordiale between factions.
The _National begins to reckon up what France
has paid for the Montpensier marriage, and thus gives
the result of its inquiries as to what it has cost the
country to secure a dowry for the son of the KING
" For those who wish to have in figures the glorious
results of this marriage—for those who wish to know
what our country has lost while M. Guizot was receiving
the dot, WQ beg to recal the fact that the Minister has
already added two millions to the budget, which have
been employed in couriers, missions, presents, and ex-
penses of police. This is the smallest part of the cost.
What is worse is the general position of commercial
affairs and of general credit. It is the rarity of cash
and the high price of money. To set a value on the
embarrassment, the loss sustained by private industry,
is impossible ; but at all events we can compare the
prices of the funds at the moment of the marriage and
at the moment when the Cracow affair was announced.
We have made the calculation, and we give it without com-
mentary. The total diminution in the value of the rates
and railway shares is no less than 304 millions of francs.
This is pretty clear. Let us boivt of progress ! Let
us be proud of being a free people who manage our ox n
affairs. Here is France agitated, Europe shaken, and all
interests suffering—because a prince and a princess were
to he married."
The National publishes an amusing bit of scandal,
on the subject of the preliminaries to the Spanish

marriages.
It would appear that whilst Louis Philippe's agent,
his Excellency Count Bresson, was intriguing about the
Montpensier match, he was commissioned by the Queen
Dowager, Maria Christina, to procure for her daughter
everything " most splendid, and of the most recent
mode," in the " magasins" of Paris. This commission his
Excellency entrusted to his lady. Madame Bresson or-
dered at one shop a quantity of beautiful lace of the
value of 22,000 E, it being stipulated that it should be
forthwith sent to Madrid, and, if not approved of, as
promptly returned. About two months having elapsed
without either the lace or the money being heard of, the
loser by this royal bargain has determined on bringing
an action against the Queen-Mother's " intendionte" of
the large property she has in France.
After the action was brought, an offer was made to
return the lace, but the seller refused to receive it
back, alleging, with much reason, that the delay
which had taken place was quite sufficient to autho-
rise him to consider the sale as effected, and on Fri-
day the case was to come on for trial. "If the
tradesman," says the National, " were an inhabitant
of Madrid, it is possible, considering the delightful
system of government under which the Spaniards
have the happiness of living, that this escapade might
cost him very dear. In France, unfortunately, the im-
prisonment of a tradesman, for demanding that which is
due to him, is a matter somewhat more difficult of
accomplishment. If perchance the young Duchess of
MONTPENSIEE, who is, at the present moment, visiting
the curiosities of Paris, should find herself, on Friday
next, at the tribunal of commerce in the Bourse, she
will hear a trial in which she cannot but take a great
interest, She may, perhaps, be enabled to write to
her Lady Mother, that there are to be found in
France lawyers so audacious as to plead against her,
and judges so ill-instructed as to condemn her."
The Constitutionnel states that the King of the
BELGIANS is expected to return to Paris by the 15th
inst., and that this visit will be followed by one to
London, with the intent of endeavouring to bring
about a reconciliation between the two Cabinets of
France and England.
The Three per Cents. closed on the Paris Bourse on Thurs-
day at 81f. 94e. ; the Five per Cents., 1171. 95c. ; the Orleans
Railroad Shares, 1,235 f ; Rouen, 8721. 50c. ; Ilavre, 633 f. 75c. ;
Great Northern, 638 f. 75c. ; Avignon, 875 f. ; Vierzon, 5781.
75c. ; Bordeaux, 5501. ; Ba:se, 2181. 75c. ; Paris and Stras-
burg, 478 f. 75c. Tours and Nantes, 4871. 50c. ; Paris and
Lyons, 502 f. 50c. ; Lyons and Avignon, 4871. 50c. ; Bor-
deaux and Cette, 470 f. ; Belgian Two-and-a-Half per
Cents., 55 ; Spanish Three per Cents., 37k ; Ditto Domestic
Debt, 33.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE

• •4 ..._
LONDON STOCK EXCHANGE, DECEMBER 4.

Luxembourg,
Bordeaux, Toulouse and Cette (Espelete), 3/—ltalian and
Austrian, 21/:2--Jamaica South Midland Junction, 1 th—
of
France Constituted, 101,—OrIcans and Bordeaux, 774--
Paris and Lyons Constituted, s—Rouen and Havre, 25A.
3/4—tiatnur and Liege, Northern

Wight, on
WINDSOR, FRIDAY EVENING.—COUnt Augustus
Mansdorft left Fro ra g re this morning for the Isle of
Con-
sort. One of her Royal Higlinevs's carriages, with post
of busy
a visit to-he°r Majesty and the Prince Con-
nors(-s,conveyed the Count to the Farnborough station
of
rthe South-Western Railway-
I lIE CownE DE MON TEMOLIN.— IBS Royal High-
ne.ss spent the greater part of Friday in the trans ctic,n
te:fs
L-msda:e with his presence at dinner. llis Royal High-
ness was accompanied by General Don Juan de Monte-
negro, and in the evening hone the Eur.l of
and by Colonel Merry.
Captain Coddington, the Inspector-General of Rail-
waYs: way prevented on Thursday' from ti.netioning the
opening, ~f
hum to East Dereham (twelve miles in length), owing
thy Norfolk Railway branch from NAT mond-
to the recent fall of snow in that part of the country,
the whole of the works being covered to such an extent
as to bender inspection of the line impossible. I
EXTENSINE ROBUORY OF BOOKS AND MUSICAL
PunucATloNs.—On Friday the police received infortna-
that the warehouse of Messrs. Boosey and Co., the well-
known musical publishers of Holles-street, Cat endi,,h-
<quart?, had been plundered of two hundred and tight
copies of musical works, in value from 11. 16s. to 3s. t
each, and that from the residence of Geolge Routlege
'
Esq., No. 36, Soho-square, two hundred and four vo-
lumea of name and valuable works had been abstracted.

" We can affirm that there is no question of replacing,
or even modifying the present Cabinet before the next
meeting of Parlitinnmit. M. Guizot ha" just accom-
plished in the interval of the sessions a great diplomatic
work. He alone can explain, and, if necessary, defend
it in presenc'.‘ of the Chambers. Another error of the
public is the belief that, since the Spanish affair, no re-
lations are possible between the two statesmen who
direct the foreign affairs of France and England. The
sad event which has occurred in Poiand has just proved
the contrary. L rd Pabnerstou has not indeed adopted
the suggestion made by our Government for a collective
demonstration, but he has taken care to explain to it the
motives of h s refusal in the most proper and cleverly
guarded terms. If he has been desirous of preparing
the elements of a new policy from which we may have
to suffer at a later period, he has not, at least in his re-
ply to the French Minister, suffered to creep out the
anger with which he was said to be animated. There is
no statesmen amongst his adversaries who would not take
upon himself the responsibility of his conduct in the
affair of Cracow. On this point the French Govern-
ment is, if we are rightly informed, still in the prelimi-
nary stage. It is desirous of making a mauifestation

THE SUN, LONDON, MONDAY MORNING, DECEMBER #7, 1846.

MONEY and COMMERCIAL NEWS.
(From 7hc Sun of Saturday Evening.)
In the Liverpool Cotton market yesterday the sales
were 10,000 bales, of which 3,000 to 4,000 were on spe-
culation, the market closing very firm. Shares atLiver-
pool were not quite so good yesterday.
The sales of Cotton at Liverpool during the week
have been no less than 78,020 bales. The stock is now
reduced to 483,500 bales, against 929,000 at this time
last year. The advance in prices this week is id. to td.
per lb.
The weekly statement from the Bank of England
made last up, shows a decrease in the notes issued of
only 4,2951.
A decrease in the Rest of 2,7221.
An increase in the Public Deposits of 571,1701., or t•
8,447,560/.
An increase in the other Deposits of 43,333/, or to
8,018,3911.
A decrease in seven days and other Bills of 892,3551.
An increase in other Securities of 209,1471, or to
13,562,8221.
An increase in the notes of the banking department of
215,8501., or to 8,325,745/.
The quantity of bullion held by the Corporation is
now returned at 15,008,1321., or an increase of 84,360/.
Should, as reported, the managers of the Bank of
France require aid from the directors of the Bank of
England, in consequence of their stock of specie being
very low indeed, not a doubt exists but, either directly
or indirectly, the assistance required will be cheerfully

given.
The arrivals to-day are but few, and none of these of
later dates than those before received. The West India
mail is now due. There is little doubt that her advices
will be received before our next Monday's report.
The Consol Market has been flat to-day, and without
any business of importance having occurred. Consols
for the Account have been quoted only at 951 for the
first transfer day next week at 9541, and the New
Three-and-a-Quarter per Cents. at 96. Exchequer-bills
are heavy at 7s. premium. Bank Stock is firm at 2061.
As some doubts appear to be thrown upon the report
published yesterday, that Santa Anna had seized
2,000,000 dollars belonging to British subjects, the
market for Mexican Stock has rallied to-day to 224.
Such a course of proceeding would of course damage
considerably, for a period, all those who have a lien upon
the property. The price is now a shade lower. Portu-
guese Four per
,Cents. have advanced from 3gi to 39.1.
Spanish Three per Cent. Bonds are rasher in
demand, as well as the Dutch Two-and-a-Half per
Cents. Brazil Five per Cents. continue at 86.
The Railway Share and the Scrip Markets are not
brisk this morning, but it is not in many instances that
the prices have receded.

cam
PRICES OF BRITISH FUNDS. O'CLOCK.
Bank Stock 206%
3 per Cent. Reduced Anns 94%
3 per Cent. Consols Annuities 9514%
New VA per Cent. Annuities 96% 96
India Bonds, 1,000!
Ditto under 1,0004 ...... 22 p 22 p
Consols for Opening, Jan. 15 95% 95%
Exchequer Bills, 1000!. 1%d.... 10 7 —— p 7 p
lit°, 500/
Ditto. Small

CLOSING
rRICES.

2061/2
941/
95 vs

ONE
''RILES OF FOREIGN FUNDS. O'CLOCK
Brazilian Bonds
Buenos Ayres Bonds, 6 ner Cent 431/
Dutch, 2',/ per Cent., 12 Guild 59%
Siezican, 5 per Cent. 1846
Ditto, Deferred 133/4
Ditto, Account . 2234 %
Portuguese Bonds, 4 per Cent
Ditto, Account 381,E 39% 39
Spanish 5 per Cent. 1840.
Do., 1838-40, dir. frm. May, '4O
Do 1845 211
Ditto Deferred ............ ......... 1714
Ditto 3 per Cent. ......
Ditto, Account 37%3/
Venezuela Bonds, 2 per Cent 4O
Ditto, Deferred l2
Dividends on the above payable in London.
Dutch, 214 per Cent .
PRICES OF PAID. BUSINESS DONE CLOSING
't AILWAT SHARES AT ONE O'CLOCK. PRICES.
Aberdeen
Amber.. Nott., Boston,
and Eastern Junction 2%...... 2%
Armagh, Coleraine, and
Portrush l%
Belfast & County Down 4Z ......
Birmingham and Dudley 495...... 6 5% p....... 6 p
Binnin. and Gleucester..loo

CLOSINk;
191IC Es
86
431,42
59%

Ditto New 174 ••• ••• 000000
Birmingham and Ox-
ford Junction
Birkenhead, Lancashire, _

and Cheshire Junc....
Boston, Stamfd, & Birm. 225. —
Bristol and Exeter 75
Ditto, New
Bristol and Glouceider... SO
Bristol and Liver. Junc..
Buckinghamshire
Caledonian

Ditto Half Shares...... 2',4 2% ...
Cambrian & Grand June 42s ......
Chester and Holyhead-. 271,E — ...
C4urnet and Blythe...-. 2 ••• .....
Chester and Manchester 425.
Chelteaham and Oxford 2 — .
Clydesdale Junctio- ... 20
Cork, Blackrock, and
Passages
Cork and Killarney ... 21,4
Cork and Waterford ... 1% —
Cornwall
Ditto, Half Shares ... 2%......
Cornwall & Cent'l Devon '2% —
Direct Lincoln, East Ret-

ford, and Shed. June. 2% —
Direct Northern
Direct Norwich 1
Dublin and BelfastJunc. 121,i — .
Dublin, Belfast, and _

Coleraine
Dublin and Galway..... 4
Dundalk & Enniskillen 10
EasterriCounties 141. 165....... 22%
Ditto New l2l. 16s —

Ditto Perpetual, 5 per
Cent, No. 1....... 6/.135. 4d...
Ditto ditto. No. 2... 6/. 13s. 4d...
Do., York Extension.. 2 3%%
EastDereh'in andNor'ch 1
Eastern Union 35 ........
Ditto. Quarter Shares 83/4 l3
Do. Exten.(Harwich) 1% —
Do., Cam b. and Ely.. VA._
East Lancashire
Ditto, New
Do., do. (late Preston.
and Orinskirk)...
East Lincolnshire ... IIA ......
East S West of England 1%......
Edinburgh and Glasgow 50 ..............

133/4
221,

21:Ai
17/4

40

601/i

7914

2%

% P
3%4

521/
131/8

.....
gi

Ditto half Shares ... 10
Ditto, Quarter Shares 12% ...... 18% lB%
Edinburgh & Northern.. 12% — ... ........ ....
Edinburgh and Perth... 3
Ely and Huntingdon ... 12% —
Enniskillen and Sligo ... 2% —
Exeter, Yeovil, &.Dorset 514 —
Glasgow, Kilmar.,& Ayr 50
Ditto, New .. 15
Do., 14 Shares (5 per
cent. guar.) ... ...... 12% —
Glouc.,Abei ystwith,and
Central of Wales
Goole, Doncaste,r, Isc.
Grand Union (Notting-
and Lynn ... l% . .. ...... .....
Great Eastern &Western 2% — ..........•
GreatGrimsby and Shef-
field
Great South. and West.
(Ireland)
Great Munster ... 2%......
Great North of Scotland 2%......
Great North of England..100
Ditto New
Ditto, New .•
Ditto, New
Great Western 85
Ditto % Shares 5O
Ditto 4 Shares
Ditto Fifths
Ditto, New -
Huddersfield is blanches. 13

7.4. P

18N

71/4

Ditto, Extension 3
Hull and Selby 5O
Ditto 14 Shares
Do. Half Shares 25
Ipswich & Bury St. Edm. 11% 12%
Do., do., and Norwich 2%...... 2%
Lancaster and Carlisle... 50
Do. New
Leeds and Bradford 3O - ......••••. •••
Leeds and Carlisle
Leicester & Birmingham 225....... ••• ......••'••
Leicester and Bedford... 225...••• ••• •••
Leeds, Dewsbury, &c.... 22% ..... 33% .........
Do., Branch (Blue) ... 2%...... • •••.••
Do. Ex tension( Green) 2%.. ...
Leeds and Thirsk ......... 17%...... 1614 1
Ditto, New ............. 5
Lpool., Mnchstr &New
castle Junction ...... 2%
Liverpool and Bury ... 24 ..
--
L ,ndon and Blackwell. 16/. 138.4 d —
—.
Do. New ............... :3 ... .. ......
Ditto Extension ...... 7 q......
..
........
• —.
London, Brighton, and
South Coast 5O .. 59%
Ditto, Fifths
Do. Guarani. 5 per ct 9 -
••• ..
London and Greenwich 12/ 15s 4d - .. "'"
Do. Preference ...18/173 2d —
London, Hounslow, and -- ..... ....... .. ••••111
Western
London:and N. Westernloo ......195 " ','*"• ' ••• 195
2 ... Do. Quarters . • •
... _
Do., 60., New Shares.. 2 .

12%

33%

151'
/8.- .. eeeeeeee

13 IA

Ditto Fifths
Ditto, Eighths (G. J 12th

.‘.J.)
Do.. New .14 Shares
(G. J.) ............... 5 .. . ...
Do 40/.Shares(L.M.) 8 ......
Do. 40/. (M. & B.) ... 40 •75
Do. 10/. (M. & B.) A. 5
Do. 10/. (M. &B) B. 5
Do. 10/. (M. is B.) C. 1
LonL & &Western 41/ 6g 10d 631/1 64 x n...
Do. New ConsoL Bchi 40 —
Do. New
Do. New
Ditto Tenths .....
.. 5
Ditto Tenths ... ..... 4
Ditto Scrip
Ditto ditto
London and York 21,4 21% ..... —........
Do. Extension

24 -

IVA
124
8
64

271%

5%
4%
5%
24

London and Windsor . 1%... . ---
London, Salisbury, and
Yeovil
Londonderry & Coleraine 15
Londonderry and Ennis-
kilen - ....... ... 15
Lynn •Ind Ely
I .ynn ana Dereham l 5
kanch,ster and Leeds 82 108
Ditto EA Shares
Do. Quarters 2 - ,i,"•.* --

Do. fifths
Do. Sixteenths 61% —
Do. Extension 42s. — p
Man:ihester,Buxton,and
Matlock 425....... p ll4 p
Manchester Birm., and
Mould Junction .. ... ......
Manchest. & Southampt. 2
Midland lOO .....1281.
Do. Fifths.. 2
Do. New
Ditto, New .. 2
Do. Birm., and Derbyloo lO5 04 ..... -..... 103
AI idind & East. Counties 2%
Midland Great Western
Irish
Newcastle aad Berwick 20
Do. North Shields ... 25
Newcastle and Carlisle...loo
Newmrket &Chesterfrd 5
Newport& Ahergavenny 21/2 ......
Newry and Enniskillen 7
Newark, Sheffield, and
Boston ... ..
Norfolk .
Do. Half Shares
Do. Extension
Northern Counties Union 21/2
North British .. ...... ... 25 ...... 355/A x 3rd5......
Do. Half Sher, 5 ll ...... 15% x 3rds .....
Do. Fifths ..

••• eeeeee ite•e•

Do. Quarters
Do. Extension
5
Northern and Eastern... 50
Do. Scrip (issd. 5 dis.) 45
Do. Quarter Shares... 12% —
Do. New
North Staffordshire 5 ..... 8% 3/4
North Wales
..
Northern and Southern
Connecting
/0
Oxford, Worcester, and
..

Wolverhampton
Oxford, Witney, and
Cheltenham....
Portsmouth Direct
Preston and Wyre 25 —
Do. % Shares
Reading, Guildford, and
Reigate 3/. 12s.
Richmond
Royston and Hitchen ... 1% —
Scottish Central
Scottish Midland 12% — .
Sheffield, Buxton. Leek
Potteries,andCrewe... 1%
Sheffield & Manchester 100 -
Do. Quarter Shares... ii
Do.LincolnshireJunc. 11%......
Do. & Great Grimsby. 10
Do. do. Extension 425.
Shrewsbury and Birm... 3 ....
Shropshire Union - •• ...... ••••
Shrews., Wolverhamp.,
&S. Staffordsli. Junc. 2%
Sligo and Shannon l%
South Devon 40
South Staffordshire Junc. 2% —
.-outh Eastern & Dover. 33% 3814
De., No. 1 20
Do~ Ne 2.
Do., No 3
Do., No. 4
St.Alban's, Hatfieid,and
Hertford Junction
Staffordsh. & Shropshire 2% —
South Wales .... ... 5
Swans. & Loughor & Ca-
meron's Stm. Coal. ... 2
Taw Vale Extension ... 2
Vale of Neath 2
Wakefield, Pontefract. &

Goole 22% — .........
Warwick and Worcester 425.
Waterford and Kilkenny 11
Waterford and Limerick 22%
Waterfd,'Wxfrd,Wicklw,
and Dublin
Wexford, W aterford, and
V alentia
Waveney Valley 2
Welsh Midland
Vest Riding Union 42s.
West Cornwall
Arexford and Carlow ...

Wilts, Somerset, & Wey-
mouth
Worcester, Warwick, and
Rugby
York and Carlisle 23% —..—
York and Newcastle. ... 25 .. ... 381/4
Ditto New 5 —
Do. Preference
York and North Midland 50
Ditto% 5hare5........ 25
Do. Selby 4O
Do. Extension 2O
Ditto, Preference ...... 2 ll% 12 11% 12 12
Do. East and West Rid-
ing Extension
FOREIGN RAIL WA Yo.

Anglo-Belgian 4
Barbadoes 1
Belgian Eastern Junctn. 21,
Bouioxne and Amiens... 16
Bordeaux & Mediterran. 2
Bordeaux,Toulouse, and
Cette (Mackenzie's)... 2 ..
Do. (Espelete's)
Calais, Dunkrk,andWest

. _
Flanders
Calcutta and Diamond
Harbour ....... ..... 75.......
Callao, Lima, and Pacific
Coast. 1 ..... ••• •. .........

Central of Spain ... . ... 2
Ceylon
tire.
Demerara 24
Dendre Valley
Direct Bombay and
Madras
Dutch Rhenish
East Indian ... ss.
Fampoux & llazebrouk 4
Great Indian Peninsular ss.
Great Western Bengal... 5s
Great Western Canada... 314
Italian and Austrian.... 4 ...
Jamaica S.Mid. Junction 1
Jersey
Louvain ala Sambre 6 ...
Luxembourg...... ..... 4 ....... .
Lyons and Avignon 2
Madras
Madras, Nellore, and
Arcot
Madrid and Valentin 2 ... ..
Mauritius
Namur and Liege
Nn ofFranceConstituted 5
North Jamaica... ... 1
Orleans and Vierzon 10

Orleans and Bordeaux... 6 ...... 7%••• ..... • ••••
Over Yssel 4133 4d

Paris Se Ly-onseonstituted 5
Paris and Orleans 2O

Pans and Rouen
Paris and Strasbourg
Constituted
Rouen and Havre ...... 20
Sambre and Meuse ...... 10 ....
Strasbourg and Bale ... 14
St. Laurence & Atlantic
Tours and Nantes Con-
stituted ... . 5
Tournay, Jurbise, Lan-
den, and Hasselt....... 8
Trinidad
West Flanders 6
JOINT STOCK BANKS.

Australasia
British North American 50 —
Commercial of London 20
National of Ireland 22%
•••••• ...... •••
......
Provincial of Ireland ... 25
London & Westminster. 20
London Joint Stock
.. ....... .••• •
Union of London .." ..... 10
25
Colonial — •.• • ••• ......
MINES.

Real del Monte Unregd
000000000000 •• 3

HAMBURGH MAIL.
VIENNA, Nov. 24.—Ti1l the expiration of six weeks
from the day of the incorporation of Cracow, with the
Austrian territory, all goods will be imported free, but
under certain controul, for which purpose a cordon will
be drawn on the Russian and Prussian frontiers. After
the expiration of these six weeks, a list will be made of
all the goods which still remain, and from that time
nothing be admitted free of duty. All goods which re-
main at the end of nine months, not having paid duty,
will either have to pay duty or be sent abroad. With
respect to the future commercial relations and customs
of Cracow, we find the following statement in letters from
Breslaw, of the 20th of November:—" According to ac-
counts received this day from Berlin, the deputation from
this city has bad several conferences, among others, with
the Minister of Finance. The result, we are sorry to say,
is unfavourable to our city and to the province, for the
Minister of Finance only knows that the conditions of
the incorporation of Cracow with the Austrian territory
are :-1. A moderate transit duty through the territory
of Cracow. 2. The permission to have magazines for
transit goods in Cracow itself ; and, lastly, the junction
of the railway,
The deputation afterwards had an audience of his
Majesty the King.
It appears from this that the trade with Cracow is
lost to us, since goods will be liable to pay duty accord-
ing to the Austrian tariff.
VIENNA, NOV. 25.—The Austrian Observer has the
following article :—" The Augsburg Gazette of the 25th
November, in an article from the Galician frontiers, re-
specting the decisions of the three powers relative to
Cracow, adds, to counterbalance the acquisition made
by Austria through the incorporation of Cracow. Prus-
sia is to have Hotzenplotz, a district belonging to Aus-
trian Silesia, and Russia a small tract to the north of the
circle of Tadnopol in Galicia, we are authorised to de-
clare that these statements are wholly unfounded.

BERLIN, Nov. 30.—The new regulations of the post-
office drawn up during the life of the late Postmaster-
General, Von Nagler, which were to have been intro-
duced in the year 1847 are indefinitely deferred, because
some changes which are more suitable to the present
times are to be made in them, which will require some
time, so that our post•office will remain for the present
on the same footing.
FRANKFORT, Nov. 25.—The Committee of the States
of Wurtenaburg is said not to have judged it advisable to
raise by the issue of paper the sum of five millions of
rix dollars, which could not be raised on bonds at 4 per
Cent. For this reason it is intimated by the Swabian
Mercury, that the States will be convoked in an extra-
ordinary session, in order to discuss the proposal for an
issue of Bonds bearing interest at 4} per Cent. to the
above amount.

BERLIN, Nov. 29.—0 n Sunday next divine service
will be performed for the first time in the new English
chapel, in the Hotel du Nord, which is very elegantly
fitted up. Her Majesty the Queen of England has sent
a contribution of 100 ducats to defray some necessary
expenses.—Hamburg papers. Dec. 1.

It is stated to be the intention of her Majesty and
his Royal Highness Prince Albert to honour the Smith-
field Club Cattle ;how with their presence.