The Sun.
London, England, 1846-02-03 00:00:00

T :IR Si I n o NrT T_T 141 s A'7 EVPa N I N r 4, P 11 Ft IT II 1: 8, 11848.
• 4.a.•-111.••••...

MEETING OF PARLIAMENT

THIRD EDITION OF « THE SUN."

As usual, the THIRD EDITION of "THE SUN'
will contain the very LATEST NEW S of all
PROCEEDINGS in PARLIAMENT up to the
HOUR of POST. The RAILWAY COM-
MITTEES will be very FULLY REPORTED
up to the CLOSE of EACH DAY'S PRO-
CEEDINGS.
SPORTING INTELLIGENCE, with the
BETTING at TATTERSALL'S up to the HOUR
of POST, will also be given; together with ALL
OTHER NEWS, RAILWAY, COMMER-
CIAL, and POLITICAL, to the LATEST PE-
RIOD, including the " LONDON GAZETTE,"
"PRICE CURRENT," RAILWAY SHARES,
FUNDS, 6-c. 6^c.
EXPRESS EDITIONS will be PUBLISHED on
all EXTRAORDINARY OCCASIONS, and
Subscribers to the Third Edition will frequently receive
Express Editions.

Orders received by all News Agents, Postmasters, iffc.,
and at" The Sun" Office, 112, Strand.

P.S. In cases where amy difficulty is experienced in re.
ceiving the Third Edition, application to " The Sun'
Office will ensure a prompt remedy.

N.B. The THIRD EDITION will contain NEWS
TWELVE HOURS in ADVANCE.
Sun-Office, 112, Strand, London.

M A P

THE RAILWAYS.

IN A FEW DAYS, WE SHALL PUBLISH A

-RAILWAY SUN,"

CONTAINING

A MAP of the RAILWAYS in ACTION, in
PROGRESS, and in PROMISE ; executed in a

style of surpassing Beauty and Correctness. In fact,
it will be a Map of the greater portion of the
Kingdom, with all the Lines so marked that he

" who runs may read."

PREPARED BY THE CELEBRATED JAMES WYLD,

GEOGIIAPIIE'R TO lIER MAJESTY TILE QUEEN.

Orders received by all News-agents, and at The Sun
Ogee, 112, Strand.

THE WEATHER.--SUN OFFICE, FEB. 3.
THERMO3IETER, Lowest, 37 ; Highest, 47 ; Noon, 49,
BAROMETER, 29.98.—W1ND W., fine.

RlGff WATER AT LONDON-BRIDGE THIS DAY. -
Marning .. 45 minutes after 6. Evening .. 8 minutes after 7.

ctp ,4
!.1"
7,1 • „; 61:f;
'7' 2 7-N M4`ig
le. N. '"" v
„6,4S,V,IP:Acr

FRENCH, Mr. loss, Sir HENRY 117iNsToN BARRON, and
Mr. GREGORY, all of whom cxpresied their approval of
the measure proposed by the Government, leave wag
given to bring in the Bill.

Sir JANES GRAHAM laid upon the table, certain re.
turns relating to local taxation.

The Sea Fisheries (Ireland) Bill was read a second
time, and the House adjourned.

The statements made by Mr. SIDNEY HERBERT, last
evening, respecting the militia are of a satisfactory cha-
racter. It appears that there is no intention on the part
of the Government at present to embody that force, and
whether it would be called out even for training would
depend on circumstances. The Secretary-at-War made
an additional remark- which contrasts favourably with
the stern policy adopted under old Tory Governments,
when the people were merely regarded as instruments
fitted for the use of the aristocracy—treated as
"hewers of wood and drawers of water," and made to
serve as soldiers and sailors to carry on wars often un-
dertaken for the profits of a particular class, or for the
divine rights ofkings. " He was anxious," he said, "to take
the opportunity ofstating that he trusted the public would
not proceed to put themselves to further inconvenience
or expense until they had seen the nature of the measure
which he proposed to bring forward, and by which he
trusted a much less onerous and disagreeable method of
raising the militia would be established. He trusted,
therefore, that all preparations on the subject would be
delayed until the Bill was en the table." Humane and
considerate language like this has the best effect upon
the people, and would incline them to submit with
patience to measures which otherwise they might be dis-
posed to view with the greatest hostility. If the English
are only treated like rational beings—if a reason is given
for any step undertaken by Government sufficient to
convince them that it is necessary, no people are more
willing to obey, or more anxious to aid the Executive.
They rebel only when they are ground down by oppres-
sion, when the higher classes make laws for them-
selves, forgetting the pecple, and when those
best able to pay are exempted from taxes
and municipal services, to which the middle
and lower classes are chiefly subject. When this ques-
tion, therefore, comes before Parliament, nothing can
be more easy than for the Government to place it in
such a light as to secure general approbation. A large
standing army has always been viewed in this country
with great jealousy, because it is an instrument of the
most dangerous description in the hand of a despot,
restrains the legitimate manifestations of public opinion,
and may for a time subvert the best principles of the
Constitution. If the citizens are armed, and if men who
have a real interest in the institutions of the country are
accustomed to training and the use of arms, they form
the best of all safeguards for the liberty of the
subject. The military force at present is barely
sufficient for garrisoning our numerous colonies,
maintaining the power of England in her ex-
tensive and valuable Indian possessions, and pre-
venting any mad outbreak between Orangemen and
Catholics in Ireland. In Great Britain there are few
troops, and happily for the people as well as the
Government only few are wanted, but we have powerful
neighbours on the other side of the Channel, restless in
their dispositions, many of them dissatisfied with the ex-
isting state of things, little attached to the present
dynasty, and anxious for another, and what they vainly
conceive, a final contest with England. In France
there are, independent of a standing army of 400,000
men, a million of armed citizens, willing and able to
defend their country on any sudden emergency. Our
relations with the United States are in the most
complicated and critical position, and no man
can tell bow soon reinforcements of troops
may be required for Canada and for other coloaial
settlements Some additions, it appears, are to be
made to the regular army in anticipation of unfortunate
results, but these are only trifling, and would not be
more than sufficient to supply any imperative and sud-
den demands. In such a case the country would be
left to the protection of unarmed citizens, totally un-
acquainted with the merest rudiments of war. They
could not repel an armed force of twenty thousand
regular troops, but, after great loss of property and
life, and numerous disasters ; and incalculable sacri-
fices must be made, which might have been easily spared
by a little precaution, and the usual means of self-
dsfence adopted in all other countries. The KING of
the FRENCH has, by his wonderful skill and firmness,
hitherto preserved peace, but his life is uncertain ; he is
above seventy years of age, and should he be carried
off at such a crisis as a war between England and the
United States, it wou!d require more authority than his
successor may possess to prevent the French from join-
ing with the Americans against England. Even under
the powerful government of Louis PHILIPPE a display has
just been made, which shows what materials there are in
France fur such a change. M. BERRYER, by no means the
most violent of his party, made a long, and we may
justly call it a hostile, speech against England, urging
France, in case of a war, whether right or wrong, to
take part with the Americans, and in a House consisting
of 390 Members, be was supported by no fewer than 156!
The following brief extract from M. BERRYER'S speech
may be useful at the present moment, as it leaves no
doubt of the policy adopted by M. THIERS and his
party :

" Do you suppose that England will engage in a contest ?
No. • The past has given her in this respect two severe
lessons. For thirty years, whether after military mishaps,
or in consequence of negotiations, they have 'always yielded
to the United States. All the questions between the two
powers have been decided in favour of this latter power. In
181 G, the English troops were attacked at New Orleans by
Jackson, and success did not declare for England, and the treaty
which had been previously agreed to was at once ratified. In
1814, the question of Oregon was agitated; the principle of
occupation in common was agreed to, and at the same time
the English yielded up Astoria to the Americans; that is,
they restored the mouth of the Oregon, which they had
seized on during the war. The question of the boundary of
Canada arose and was regulated in the same way. Then
came the question of the independence of the national flag,
and of the rights that ought to protect it; and here again
England yielded. Texas then cccup:ed the attention of the
English Government; and on this also England yielded. At
present the Americans insist on their view of the Oregon
quetion being adopted ; England will again give way.
There will be no arbitration ; negotiations will be resumed;
England, I feel convinced, will again yield. Why, do not we
also know how to resist? Resist! That would be sufficient
to fling back on England the language which, five years
back, Lord Palmerston used with respect to us."

Although Ireland requires an immediate alleviation of
its distresses, and a prompt legislative interposition to sus-
, tain its inhabitants amidst the pangs and privations
which are rapidly becoming more and more intolerable,
a great and indubitable necessity exists for some far-
seeing and prospective policy being adopted in its behalf.
Four millions of the human race are threatened with
penury the most dire and helplessness the most complete.
Granted that the present is not an ordinary calamity--
granted that it originated i❑ a casualty of vegetation
that could not be foreseen—granted that pro-
visions in the abstract are attainable to the multi-
tude in our sister island—granted all this
and possibly more, yet we maintain the Irish people are
not as prosperous as they might be with adroit manage-
ment ; that to them the luxuries of life are utterly un-
known, the comforts of life unattainable, the conve-
niences of life but seldom permanent, and the necessi-
ties of li:*e doled out with a stinting and grudging hand.
We maintain, moreover, that with the existence of these
woes and sorrows, there is a co-existence also of sources
for their relief, and ultimately for their extirpation—
wealth untouched, mines unworked, antidotes unculled,
and that, too, in the natural circumstances of the coun-
try itself. Cheek-by-jowl with the hovels of indigence
in that strange land there is a latent but certain
means of turning
.that indigence to profusion. We
do not wish to be opigrammatio—we do not wish to give
a dramatic turn to our periods—we may seem to gloze
a few unsound assumptions over with the bloom of
metaphors and the meretricious decorations of language;
but our sentiments are facts, our epithets are truths,
and our sentences are all animated with earnestness. In
Ireland, therefore, we persist, that poverty is general
and bitter—and we persist also that in Ireland there are
resources for hen own self-amelioration, if the Execu-

tive authority will only excavate channels whereby that
hidden assistance may flow forth, and, as it were,
irrigate with comfort all quarters of the island. Yester-
day one among the principal of these buried succours
was broached in the Lower House by Sir THOMAS
FREMANTLE—that Hon. Gentleman having moved for
leave to bring in a Bill " to afford encouragement in the
construction of small piers and harbours calculated to
extend the fisheries in Ireland." A more excellent pro-
position could scarcely have been conceived, or one more
calculated to afford immediate and enduring labour to
the unemployed. From the remarkable number of bogs
and estuaries with which the Irish coast is indented
Sir T. FREMANTLE argued the excellent opening there
ei:enthfeacinlietcieesssiint)
was for an undertaking of this description ; while, from
the
the. smallness of the amount of landing-places, he
macleansing
its
tandeoirptnioe,tns.
and curing
re
ionnig-
structang suitable piers in suitable places ; by affording
instalments of
money
yf
shloo,uolOdol.baennually
their produce; by devoting 50,000! of thaenn
for
appropriated t h ae
t 01 nextonthea
five
money
iyears,n
purposes already enumerated; by preserving the piers
in proper repair with the amount of rent obtained
from the fishermen's cottages and the local tolls which
would be levied, Sir THOMAS FREMANTLE proposed to
establish the Irish fisheries upon such a footing of se-
curity, that the progress of time would only tend to their ,

greater developement and greater prosperity. With cer-
tain minor modifications, and possibly an extension of
the proposed grant, the Bill is excellently planreed and
excellently well-timed. When we reflect that' upon all
the coasts of Ireland there are myriads of fish swarming
in the waters ; when we reflect that a provision of sus-
, tenance so bountifully offered by GOD to his people
is permitted, so to speak, to accumulate in the ocean
unnoticed, while the people—men, women and children,
young and old, the robust and the ailing—are habitually
supported by a meagre diet of vegetables; when we re-
flect upon these facts, we must be ready to confess the
requisite nature of a proposition like that made by Sir
T. FREMANTLE. Whatever quantity of fish is consumed
at present in that country is actually imported from
Scotland, while Ireland herself, if carefully conducted,
would furnish not only sufficient for home, but a consi-
derable
surplus for foreign consumption. These matt( rs
demand the most serious consideration, and every praise
is due to Sir THOMAS FREMANTLE for having brought
them before Parliament, more especially at this particu-
lar juncture. By a timely interference, and a proper
arrangement, the diseased potatoes will give place to an
aliendant and wholesome supply of provisions, which
thousands at this moment regard as delicacies.

E►en the gentlemen who advocate a persistence in
the present agricultural arrangements must now ac-
knowledge to themselves that their principles are be-
coming obsolete. Under their very feet the ground is
crumbling away with terrible velocity : the frozen
quagmire, upon which they have so long mustered their
triumphant force, is thawing fast ; and, according to
the witty commentator upon SHAKSPERE, the question
of monopoly is " dissolving itself into—adieu 1" Al-
ready we have had the satisfaction of particularising
some among the numerous failures of those chivalrous
individuals who, under the cognomen of " Protection So-,
cieties," have attempted to excite in their favour the
enthusiasm of all tenant-farmers in the provinces. And
each post only serves to confirm our previous conjec-
ture that those unfortunate adventurers would dwindle
to less than insignificance. Their endeavours are merely
like those of children who scatter peas and thimbles be-
fore the wheels of artillery waggons in expectation of
obstructing their onward progress, little calculating
that the ponderous cavalcade would not be retarded by
obstacles of infinitely greater magnitude and importance.
In the meeting of these corn-law champions, held on
Saturday at a tavern in Hastings, with Sir CHARLES
LAMB, as chairman, and Mr. FM:WIN, a would-be mem-
ber, as first spokesman, the frivolous character of the
proceedings was most miserably conspicuous. Some-
where about seventy supporters of the protection system,
clustered together upon the platform, proposed reso-
lutions, seconded resolutions, and passed resolutions,
with the most business-like sobriety, while the remainder
of a tolerably large assembly (fervent upholders of the
League policy) stood quietly in the body of the apart-
ment, listening with the most contemptuous apathy and
the most imperturbable gravity. These monotonous and
ridiculous externals of opposition continued, according
to our authority, for some time, without any in-
terruption, until the audience at last extinguished
the formalities with a premature wet blanket, by de-
manding three cheers for " free trade," the reverbera-
tion of which evidently disarranged the digestion of the
occupants of the platform, and finally scared them to the
seclusion of their several homes. In good sooth, a more
sorry display of their influeace could scarcely have been
patched up by any other of the mongrel protection
societies scattered throughout the country. Sober expe-
rience, at the least, would arrire without hesitation at
this conclusion, and yet sober experience would be most
singularly mistaken ; for a yet more sorry exhibition
of a similar nature was made yesterday at Hereford,
where a conclave of the local agriculturists had been
announced some days previously, under the presidency
of the Right Hon. Earl SOMERS. Well, at the precon-
certed rendezvous, " Yesterday" arrived almost in soli-
tude, some three or fuur gaping landlords having saun-
tered into the room, and then sauntered out again, after
the venerable example of the "King of Spain" aril his
"forty thousand men ;" and thus terminated the pro
mised spectacle of protection strength, a most unmis-
takeable, and, verily, a most pitiable failure.
After such occurrences the establishment of New
Bond-street had better put up its shutters, and his
Grace the Duke of RICHMOND had better reserve his
rhetoric for something less like an impossibility. Every
careful spectator of events must perceive that the
Premier and the Member for the City of London are not
the only converts to free-trade principles; and the., the
tenant-farmers, themselves, by their recent behaviour,
give those principles their tacit acquiescence. The pit
is dug, the boughs and the leaves are spread over it,
and the monster " Monopoly " coraes blundering forward
to be most inevitably engulphed therein, and entombed,
and forgotten.

A correspondent, whose letter appears in another
column, calls the attention of the Government to a very
important subject, viz., the propriety of reducing, or
altogether removing, the heavy duty at present payable
on insurances against fire. This tax is as unjustifiable
a mode of raising money for the purposes of revenue as
the lottery itself. The lottery was a great encourage-
ment to imprudence—the tax on insurances is " a heavy
blow and a great discouragement" to prudence; besidep,
it is as impolitic as it is unjust. Many persons at tl e
present moment insure in Holland in order to avoid
paying the duty here, and thus the English insurance
offices are deprived of those advantages to which they
are justly entitled. It is now two years since
Sir R. PEEL reduced the duties on marine insurancep,
surging as his reason that the heavy duty had driven
away the greater part of the marine insurance business
from this country. In consequence of that reduction,
the marine insurance business has, in a great measure,
returned. The fire insurance business is now rapidly
leaving us from the same cause. Let Sir i :013ERT PEEL
follow his own precedent, and, emboldened by the success
of his previous step in the right direction, remove, or, at
all events, greatly reduce the duty now levied on fn e
insurances.

Madrid journals of the 26th ult. announce that Mi-
nisters had at length made specific declarations respect-
ing the QUEEN's marriage with the Count DE TRAPANI.
At the sitting of the Chamber of Deputies on that day a
large crowd had assembled, it being understood that the
affair would be brought before the House ; and after
the usual preliminary business had been dispatched,
Senor Mole, the Finance Minister, rose, and adverting
to reports of a disagreement in the Cabinet, said the
reports were entirely unfounded, as there had been
nothing contrary to perfect unanimity among Ministers
oa Government questions. He made no mention of the
marriage, but General NARVAEZ immediately rose
and satisfied public curiosity. He declared that public
rumour, and the assertion of the press, made it impe-
rative on him to offer a solemn declaration respecting her
MAJESTY'S marriage. Nothing had taken place on the
subject in the Council of Ministers, and her MAJESTY
had not yet thought of choosing a husband. The Go-
vernment will never consent to the exclusion of any
Prince, among the allies of Spain, whatever may be
the friendship—whatever the relationship—whether be-
longing to Europe or even to Africa I " For this
reason," said the President of the Council, "we have
ever objected, and will always reject, whatever may
tend to restrict the liberty of her MAJESTY, the prero-
gatives of the Crown, and the rights of the Govern-
ment. But we declare that whenever this matter shall
be brought before the Council of Ministers, it shall be
communicated to Congress, and that not incompletely,
surreptitiously, or darkly, but in the light of
day, openly, and in such a manner as that the
Chambers may take cognizance of it, and dis-
cuss it. The Government will do this, although
there may be no positive article of the Constitution re-
quiriny; it ; and though her MAJESTY may be so free to
select a husband, that no necessity may exist for a com-
munication of her choice to the Cortes or to the nation.
Further—in the event of Parliament not being in ses-
sion, at the moment when such an event-shall be con-
templated, the Government will call the Chambers
together, in order to make them acquainted with so im-
portant a subject. It suffices that the counsellors of
the Crown advised and defended the article of the Con-
stitution relative to this matter, to induce them not to
avail themselves of such an advantage. If I refer to the
Page of my services in proof of my unswerving loyalty,
and if that be also insufficient,. I will appeal to history,
and trust that posterity will do me the justice denied to
me by my contemporaries." This speech was followed
by general and loud applause. The result had a fa-
vourtible effect on the Funds.

The Three per Cents. closed at 331, and the Five per
Cents. at 23}, both at GO clays.

The debate in the French Chamber of Deputies on
M. BERUYER'S amendment relative to a war between
England and America was brought to a close on Satur•
day ev=ening after an able speech, in reply, from M.
G UIZC .T. On a-division the numbers were:—
For the amentment 156
Against it
Majority for Ministers
The remarks of M. GuizoT displayed common sense
and sound argument, qualities very often wofully defi-
cient in the speeches of his violent opponents.
Fiedeclared that the amendment referred to a
coatingency,
or hypothesis, and that the hypothesis

was improbable, even according to the showing
of M. BERRYER. There was no occasion for Fiance to
tenke any ;manifesto on the law of nations. France, as
be bad stated at the hegining of the session, would re-
main neutral, and no one could believe, should unfortu-
nately a coflict take place, that France would abandon
her zaaxiins on the freedom of the ocean and the law of
neutrality. On these points the Government would
never change its policy. " His reasons," he added,
" for proclaiming beforehand the neutrality of France
were twofold. The first was, that he thought that if a
war broke out, the policy of neutrality would be
more difficult to establish in the midst of the ex-
cited feelings which might have been raised,
He had acted beforehand, in order to be sure
of his fact. His second reason was stilLmore serious
it was, that a declaration of neutrality thus made befike-
hand was a means of preserving pence—a means of
weighing on the deliberations of the two people. There
were people in both countries who endeavoured to keg]
up illusions vvith regard to France. For instance, he
knew there were some who say to the United States,
" What do you fear ? Let the war once break out,

France will range herself on yeur side." lie was very
certain there were some who used such language as that;
and there were also others who said to England, "Do
not be uneasy, France is weak, and complaisant to aid
you; when war breaks out she will unite herself to you."
He was anxious beforehand to give a contradiction to
these two statements. Ile wished to say that France
would neither take part with England or with the United
States. He was sure that this declaration would have a
weight in the balance, particularly to the United States ;
and the reason was this—England wished to preserve
peace, and she would make every possible concession.
There was therefore no occasion fur anything to weigh
with that power; but it was not the same with America.
There was in that country a very powerful party who
wished for war, and another in favour of peace ; and he
was anxious that the declaration of neutrality he had
made should give strength to the peace party in Ame-
rica. Such were the motives of their system of neu-
trality, and such were the reasons why he had thus ex-
pressed them beforehand. This policy of neutrality
had its conditions, and it was necessary that the Go-
vernment which proclaimed it should be really neutral
beforehand. "Be certain," said the Hon. Minister, in
conclusion, " that an attempt will be made to draw from
you some expression which will deviate from strict neu-
trality. Beware, therefore. Do not allow yourselves to
be led astray. Convinced as I am that neutrality is
most advisable fur the interests of France, I conjure the
Charhber not to be induced to consent to any act which
may compromise prematurely the policy of neutrality
which I recommend." These remarks were most favour-
ably received by a great majority of the Chamber. On
M. BERRYER'S mischievous policy the Journal des Debats
makes these judicious comments :

" That any such amendment, as M. Guizot very justly ob-
served, was perfectly useless, the very words of M. Berryer
himself proved. had he anticipated any rupture between
England and the United States, his amendment might have
been justifiable, at least in his own eyes ; but he himself
declared that he did not expect hostilities would break out ;
what was therefore the use of taking up the time of the
Chamber by proposing an amendment the utility of which
his own words contradicted ? His of was simply to in-
troduce into the Address a species of indirect protestation
against the alliance of France and England. That the alli-
ance of England should not be agreeable to M. Berryer is
natural enough. It was England which was the first among all
the European Powers that concurred in the revolution of 1800,
and in the Government which resulted from it. It is prin-
cipally by our alliance with England that the peace of the
world has been maintained since the overthrow of the Govern-
ment, which M. Berryer regrets, or ought to regret. It is the
union of the two great constitutional Powers of Europe which,
more than anything else, secures the triumph and the pro-
gress of the principles and the ideas under which M. Bet-
ryer'a party has yielded. It is therefore but natural that he
should be deeply pained at perceiving the consolidation of
that alliance. The amendment of M. Berryer, we repeat,
then, was perfectly useless, and this M. Guizot showed, as
well as M. Berryer himself. It is not necessary that the
French Government should make a fresh declaration of prin-
ciples which are elementary in national policy. France is
not disposed to abondon the maxims which she has sustained
in all times, and which she will yet sustain in case of need.
The French Government, however, should hasten to pro-
claim its principles of neutrality, or, in other words, its
principles of independence. She owes this to herself—she
owes it likewise to tilt cause of the general peace. M. Guizot's
discourse produced a profound impression in the Chamber.
M. Berryer in vain attempted to remove the effect produced
by it, and the Chamber consecrated by a majority of 78 votes
the principles so wisely and so eloquently established by the
Minister for Foreign Affairs."
The same journal thus briefly contrasts the com-
mercial policy of Sir R. PEEL wit's -that unfortunately
pursued by France:—" Sir B. PEEL reduces the duties
on all kinds of grain, while we, last year, by a con-
descendence to the producers of oleagenous grains, who
gain nothing by it, have laid an enormous duty on
sesame at the moment when it was beginning to offer to
our merchant navy, which we are anxious to encourage,
one of those bulky artic!es of carriage of which it is un-
happily destitute. By the same Custom-house law of
_ _

1845 we have committed the fault of laying an excessive
duty on the entry of English machinery, and that under
pretence of favouring our national industry; as if it
were not an advcntage to our manufactures, par-
ticularly to the rising ones, to have machinery at a low
price. Can we wonder that our thread spinning should
be stationary?"

A considerable fall (says the Courrier Francais) has
just taken place at Paris in the prices of flour and
potatoes. A great deal of business was done in the
Three per Cents. on Sunday, which closed at 83f. 85c.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, FEB. 2.
Dijon and Mulhouse, 2%—Dutch Rhenish, 7%—Great Northern
of France Constituted, 144—Great Indian Peninsular, %—Luxein-
bourg, 294—Lyons and Avignon, 2%—Paris and Orleans, 48%
P.ris and Strasbourg (Ganneron's), 2!i—Ditto (Compe de L'Est),
2%—Rouen and Havre, 28%.

It is not correct, as was stated in a paragraph which
we copied yesterday from a Contemporary, that Lord
Jocelyn has resigned his office. lie keeps his office, but
is to resign his seat for Lynn, where he was returned by
the influence of the Duke of Portland, who disapproves
of the Ministerial measure.

Lord Arthur Lennox, also, it is now said, keeps his
place, but resigns his seat for Chichester. At this rate
half the members of the Government will be without
seats in Parliament.

EXTRAORDINARY DISPATCH.—By the great activity:and
kindness of our contemporary, The Sun Sir R. Peel's speech
reached us by this morning's mail, a distance from London
of about 600 miles, in fifty-six hours.—Ross shire Advertiser.
SIR ROBERT PEEL TRANSPORT—MUTINY. This
vessel sailed from the Downs last July, having nearly 200-
troops on board, and arrived at Bombay towards the latter
end of November. We have seen a letter from a gentle-
man on board, mentioning that there had been very
serious doings in the course of the voyage. After being
about six weeks at sea, two or three of the soldiers
were put in irons for misdemeanours. They bad, how-
ever, contrived to get hold of one of the carpenter's
tools, through the agency of some of their comrades, and
were thus enabled to get free of their shackles ; these
they threw overboard, and vowed to serve their officers
in the same manner. They were immediately seized, when '
murmurs broke forth among the great body of the soldiers,
and at length they rushed forward to the front of the poop,
shouting and threatening vengeance to all who resisted them.
The ship's company, along with the military officers, however,
on the first symptom of the storm, put themselves in a posi-
tion of defence by immediately securing the boarding pikes
and fire-arms. •Thus equipped, the gallant tars assembled on
the poop ready for action. One soldier ascended the poop,
waving a long knife, with which he threatened to stab the
first man that approached him. This desperado was imme-
diately charged, and ran through the body ; he died on the
spot. The soldiers, who fortunately were unarmed, became
overawed by the determined attitude of the crew. The
more conspicuous of the revolters were then seized, and
chained down to the deck, where a chosen guard, wich loaded
muskets, were placed over them. Discipline having been
thus restored, the vessel touched at the Isle of France, where
nine of the prisoners were landed, in order to be forwarded by
another vessel to Bombay, there to take their trial before a
court martial.—Caledonian Mercury.
_ .

It is reported, that only hall' an hour before Sir R
Pert proceeded to the House of Commons, on Tuesday, to an-
nounce his plan, it comprehended the immediate abolition of
iha corn-laws; but, yielding with great repugnance to the
earnest entreaties of his colleagues, he consented to the re-
tention of duties on the new scale for three years. It is also
said that, in consequence of their sentiments on free trade,
Captain the Hon. W. Gordon, and the Right Hon. 11. Corry,
the Secretary, are about to retire from the Admiralty.--
Hampshire Telegraph.
TORY ACCEPTANCE OF CORN-LAW REPEAL.—The
Nottingham Journal, a Conservative paper, has pronounced
its decision in favour of Sir Rooert Peel's measure. " Seeing
(says our contemporary) the success which has attended his
previous movements in the same direction, we draw confi-
dence from these facts; and, although the step. is a bold one,
and startles us on that account as well as for its novelty, yet
we are inclined to receive it w►th favour! It is quite cer-
tain, from the rapid succession of events within the last three
months, that a change in the corn-law had become almost, as
it were, inevitable; and the only course left for choice was as
to the hands by whom the change should be effected—
whether the alteration should be made by the incapable
Whigs, headed by Lord John Bussell—by the Cobden-Bright
faction, the deAdly enemies of the landowners, and all con-
nected with them—or whether it should be brought about
by the skilful workmen who have heretofore made such
excellent work. The country, we think, has been fortu-
nate in securing the services of such experienced and pru-
dent councillors, whose previous course affords ample security
that the present measure will prove as truly wise and happy
in its results, as it is bold in its conception and daring iu its
execution."

DUTY REPEALED ON CERTAIN MATS. —A, general order
states, that pursuant to a letter from the Board of Trade, on
an application praying that the duty on Dunnage mats may
be repealed, their Lordships authorise the delivery duty
free of Dunnage mats, which may nct be of greater value than
103. per hundred, as recommended by the Commissioners of
Customs. Even this partial repeal will be a great facility,
for ships have often been detained solely because of a few
trumpery mats, overlooked at first. But can the Treasury
repeal any duty legally?--Liverpool Mail.
The tide of the 27th ult. was unusually high at Havre, as
was expected. It inundated all the low parts of the town,
the two quays of Notre-Dame, the Quartier St. Francois,
and the neighbouring streets. As, however, this unusual
tide had been previously calculated on, and even mentioned
in the almanacks of the year, every precaution had been
taken, and the only inconvenience felt was the temporary
suspension of intercourse through the parts of the town
under water, and the flooding of the cellars.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton in the Liverpool market yesterday
were 7,000 bales, all to the trade. The market was steady,
but dull. Shares were better, and prices improved a little.
Want of space alone has hitherto prevented our adverting
to the total circulation of the United Kingdom, a summary
of which is contained in the February number of the Bankers'
Magazine:-
The statement, it must be premised, includes 197 private
and 70 joint-stock banks in England and Wales, besides the
Bank of England and the whole of the Irish and Scotch
establishments. In the month ending the 3d inst. the fol-
lowing was the'circulation :-Bank of England, 20,071,3301.;
Private Banks, 4,481,246/. ; Joint-stock Banks, 3,162,340/. ;
' Total in England, 27,714,911:1.; Scotland, 3,336,4091.;
Ireland, 7,404.3661. ; Total for the United Kingdom,
38,455,6911., or a decrease as compared with the previous
month, to Dec. 6, of 1,817.870/. Tae following is the state
of the ease as contrasted with this time last year :-The
comparison of the month ending Jan. 4, 1846, shows an in-
crease in the Bank of England circulation of 766,690/., an
increase in private banks of 53,535'., and in joint-stock banks
of 202,9061., being a total increase in England of 917,131/.,
while in Scotland there is an increase of 176,959 L, and in
Ireland an increase also of 423,805/. Thus showing that the
month ending Jan. 3, as compared with the salve period last
year, presents an increase of 917,1311. in England, and an in-
crease of 1,514,905/. in the United Kingdom.
The private banks of issue are below their fixed issue by
527,7751., and the joint-stock banks by 307,532/., making a
total of 835,307/. It seems probable that, from the incon-
venience of keeping the circulation strictly to a given point.
the banks will always, even in times of pressure on the money
market, be inclined to leave a fair margin on the side of the
amount allowed by law, and hence the virtual effect of Sir
Robert Peel's Bill will be to reduce the circulation more than
was professed.
With the weekly analysis given under this head in The
Sun, a fair estimate may be made of the present state of the
currency.
The following are come of the principal sales, by Messrs.
Wickman and Co., which took place yesterday at the Hall of
Commerce :-Armagh and Portrush, 16s. 6d.-Bideford and
Tavistock, 13s. 6d.-Birmingham, Lichfield, and Manchester,
285.-Buckinghamshire, 475.-Cornwall and Central Devon,
355.-Derby, Uttoxeter, and Stafford, 30s. 6d.-Derbyshire,
Staffordshire and Worcester Junction, 188.-East Coast,
255.- East hire,
575.-Exeter, Dorchester, and Wey-
mouth, 21s. 6d.-Galway and Kilkenny, 18s.---Goole and
Doncaster, 735. 6d.-Grand Union, 355.-Great Grimsby,
Louth, and Horncastle, 325. 6d.-Hull and Barnsley Junction,
30s. M.-Ipswich, Norwich, and Yarmouth, 245.-Leeds and
Carlisle, 525.-Leicester, Tamworth, Coventry, Birmingham,
and Trent Valley Junction, 455.-Lincoln, Wainfleet Haven,
and Boston, 335.-Liverpool, Manchester, and Newcastle-
upon- Tyne, 705.-London and York, 905.-London and Man-
chester (Remington), 375.-Manchester, Midland, and Great
Grimsby, 335. 6d.-Manchester, Southampton, and Poole,
505.-e-Midland and Eastern Counties, 275.-North Stafford-
shire, Si. 7s. 6d.-Northampton, Redford, and Cambridge,
255. 6d.-Northampton, Banbury, and Cheltenham, 435.-
Nottingham and Boston, 565. 6d.-Northumberland and
Lancashire Junction, 265.-Rugby, Warwick, and Worcester,
275.-Somersetshire Midlands, 41s. 6d,-South and Midland
Junction, 255. 6d.-Staines and Richmond, 465.-Tean and
Dove Valley, 21s. 6d.-Waterford and. Kilkenny, 51s. 6d.-
Waterford. Wexford, Wicklow, and Dublin, 255.-Worcester
and South Wales, 31.3.-York and Lancaster, 335.-Central
of Spain, 235.-East Indian, 265. 6d.-Louvain and Jemeppe,
475.-Paris and Orleans (Calon's), 395.-West Flanders, 5/.
There are no late ship arrivals to-day, but the packet of
the 16th ult., from New York, has been telegraphed, and may
bring important news.
The Funds are very quiet this morning, Consols being
94% for present transfer, and 95 for time. The premium
on Exchequer-bills has been down to 245., though up since
to 27e. To-day there is a delivery of some of the stock sold
last week. The New Three-and-a-Quarter per Cents. have
been 97% to 97%, and the Three per Cents. 951/4 to %.
Bank Stock has been firm at 206 to 20712, and India Stook
at 257.
The Foreign Stocks ars dull. Spanish Five per Cents.
hare been 28 to 1,4, and the Three per Cents. 383 A. Mexican
Bonds have been at 13014 Chillian Stock is steady at 99.
Dutch Two-and-a-Half per Cents. have been 59 to 591.
Railway Shares have been very dull this morning, and
in some cases rather flatter.

BR ONE CLOSING
ITISH FUNDS. O'CLOCK. YRICES.
Bank Stock . .• • • ' 206 207%* 207%
Three per Cent.. Annuities • • • .
95% % 95%
Three per Cent. Consols Annuities
.. 94% % 94%
New Three-and-a-Quarter per Cent. Anns. 97% % 97%
Long Annuities, Expire Jan. 5, 1860 .. 10 7-16 %% 18%
Ditto, 30 years, Oct. 10, 1849 .. 10% 10%
Ditto, 30 years, Jan. 5, 1860 .. 10% 10%
India Stock .. .. • • • • • • 257 257
India Bonds, 1,0001.
Ditto, under 1,000/.
Three per Cent. Annuities, 1751
Consols for Acepunt
Exchequer Bills.
1,0001... .
800/.
Ditto, Small

. 94%
• 95
.I%d.

11,id.

24 27 - - Pin- 29
24 27 - --- pm. 27
24 28 - - pm. 28

ONE
O'CLOCK.

CLOSING
PRICES.

FOREIGN FUNDS.
Buenos Ayres Bonds, 6 per Cent ..
Chillan Bonds, 6 per Cent .. .. 99
Danish, 3 per Cent -. • • •• 88%
Mexican Bonds, 1837, 5 per Cent .. 30%
Ditto, for the Account .. 30%
Ditto, Deferred ..
Spanish Bonds, 5 per Cent
Ditto, for the Account ..
Ditto, Three per Cent ..
Ditto, for the Account .. .•
Venezuela Bonds, 2 per Cent .. .. --
Ditto, Deferred .. —
Dividends on the above payable in London.
Dutch Two-and-a-nalf per Cent .. 59%
Ditto, 4 per Cent. Certificates .. 91 lA%
BUSINESS
PRICES OF
CLOSING
PAID. DONE AT RAILWAY SHARES. ]'EKES.
ONE O'CLOCK.
Birmingham and Oxford Junction 2 ....
Bristol and Exeter .. 70 .... 88 87 . 87
Ditto New .. . • .. .. 5 .... 12 • 12
Buckinghamshire 42a. .... par % p...... %
p
Caledonian .. .. • • .. .. 10
.... 14% .. 14%
Ditto Half Shares .. . • ••2%••• • 3% • • • • 3%
Ditto Extension .. • 2% .... 234 ..........
Chester and Holyhead .. 20 .... 21% .......... 21%
Direct Northefn
.... 2% 2.. t 2
Dublin and Galway .. .. 4 .... .
Eastern Counties .. .. 141. Its. .... 22% 22 a d 22 x d
Ditto New .. 81. 16s. 7% vg p p
Do. Perpet., 5 per Cent. No. 1. 61138. 4d.
Ditto, ditto, .. • . No. 2. 6/. 13s. 4d. p -.. ....
Edinburgh and Glasgow .. .. 50 .... 76%
Gocle, Doncast., and ,heffield, &c. 425. 1% p
Grand Union (Nottlngh. & Lynn) 1% .... .
Great Western .. .. 85 ....
Ditto, Half Shares .. • . .. 50 .... 91 92
Ditto, Quarter Shares . 5 .... 20% 19%
Guildford, Fareham, SePortsnzoth 5 .
....
Leeds and Carlisle .. • • 2% ....
Liverp., Manch., & Newe. Junct. 2% ...• ...
London an ' Birmingham lOO ....229
Ditto Thirds .. .. •. • l6 ....
. 52
Ditto Quarters .. .. • • 2 ... ... 28 ...
Ditto Fifths • • - .... 26 ..
London and Blackwell .. 161. 13s. 4d. 9%
London ad Brighton .. .• .. 50 .... 68% 3i
..•• .. .
Ditto ditto Fifths .. • • .. 10 .... 21 .....
London and Croydon .. .. 131. 15s. 9d.
Ditto, Guarant. Five per Cent. 9
.... .
LOndon and South-Wer.ern.. 411. 6s. 10d. ....
Ditto, New .. —.18% 17%
London and York ..
.... 4%14
Londonderry and Coleraine .. 5 .... 54%
Manchester and Leeds .. 82
Ditto, Ilalf Shares 38 ......
Ditto, Fifths .. 1 .... 13 ........
Manchester and Birmingham .. 40 .... .......
Do. Cont. and Welsh Junction 1% .... 1
Manchester, Buxton, & Matlock 425..... p...
Manchester and Southampton .. 2 .... 2% . .
Midland .. ..100 .. .. 152 150 cad
Ditto, New .. .. 12 .... 28% .
Newcastle and Darlington Junet. 25 ....
Newark, Sheffield, and Boston .. 2% .... .....
North British .. . • .. 17%
Ditto, Carlisle Extension .. 114 2% 3..
Ditto, Dalkelth .. 25
Ditto, ditto ..
, .
North Kent and Direct Dover •. 2% ... .
. .
North Staffordshire .. • • • • 425.3 ..
p
Norwich and Brandon . lB
.........
•
Oxfd.,Worcester, & Wolverhmptn. 12% .... 15%
Perth and Inverness • .
.... 1% .... ..... Richmond .. .. • • • • .. 10 .... 16 1,4 .... . . .
Rugby and Huntingdon .. • • 2 •
. .
Sheffield and Manchester
.. 100 .... .
Ditto, Quarter Shares
.. 8
Shrewsbury and Birmingham .. 2%_ .
Shropshire Union .. 425. .; % % dis •••
South M ▪ .. idland •
425.• 214 p
.
South Eastern and Dovor
.. • . 33%
Do., New (do. 151.) .. No. 4. 2% .•• ••
•
•
Staines and Richmond 1 .... 2%
South Wales . • • • .. 5 . .
Trent Valley .. 5 .... 2l ...*„ 2
.. .
Waterfd., Wexfd., Wick., & Dub. 1% •• ..
.. ......... 1
Welsh Midland .. .... 134 . • ...... . 1•
York and North Midland .. 80 ..........
Tlltto, Half Shares .. 25 .... 50 x all ...... 50 x
FOREIGN RAILWAYS.

28
. 28143 i

Barbadoes
Dutch Rhenish

•.
7%

223

1% p
2%
150xd

.. 28%
. 46 exall

3{ p

':3%
4 dis.
2% p

........
_irt. North. of France Constituted 5 .... 14% ........ 14%
Jamaica South Midland Junction 1 .... .....
Lyons and Avignon .. • . • . 2 .... ..........
Luxembourg
Namiti and Liege .. • • • . 4..• • 3% .......... 3%
Orleans and Bordeaux .. 6 .... 11% .......... 11%
Rouen and Havre .. • • .. 18 .... 29% • • 291,4
Sambre and Mouse .. • • • • 6.... 5% ........ •• . 5%
Paris and Rouen .. 20 .... ••• • • • —38% div

London Joint• Stock

JOINT-STOCK BANKS.
.. 10 ....
MINES.
Real del Monte, Unregistered -

4

LLO

YD'S SHIPPING.--(THIS DAY.)
LONDON, FEB. 3.—Wind S.S.W., light airs and hazy, but flue.
DOVER, FEB. 2.—Sld. Henriette, Williams, tdurinain ; Gazelle,
St. Thomas ; Zampa, Lamb, Vera Cruz; Creole, Dannerman, Texas.
PORTSMOUTH, FEB. 2.—Wind N.N.E. 'to W.—Sld. Helen Fielder,
Willis, Calcutta; Salsette, Hough, Cape of Good Hope and. Ceylon ;
Baretto, Junior, transport, Huggins, Bermuda.
IiOUTHAMPTON, FEB. 2.—Sld. Forth steamer, West Indies.
DEAL, FEB. 2.—Wind N.N.W. to li.W.—Arrd. Scindian, Terry,
Calcutta ; Xarifa, Kerg, Possession Is ; Richard Watson, Leeds,
Rio Janeiro ; Philadelphia New York. Arrd. from the river and
sailed, learossa, Dodds, Bombay;i Nautilus, Thomas, Mauritius;
Frances Ann, Filch, New Orleans. Sld. Emma Eugenia, Beech,
Hobart Town ; Caledonia, Sydney, New South Wales, with the rest
of the outward bound, except the Waterloo, for the Cape of Good
Hope ; Duke of Wellington, Nantes, crews refractory.
BRISTOL, FEB. 2.-51d..Industrious, Frazer, Sierra Leone; Eliza-
beth, Cundy, Jamaica.
NEWPORT. FEE. 2.—Sld. Isabella, Forward, Aden; Eliza Ann,
%%eve% Rio Grande.
SWANSEA. Fan. I.—Arrd. Jane Boyd, Alexander, Cuba. Sld. Lady
Prudhoe, Charlton, ditto; pascal Grenfell, Proud, ditto.
LIVERPOOL, FEB. 2.—'hid W.N.W., moderate.—Arrd. Patria,
Ponsonby, Hong-Kong. Sld. Patriot Queen, Adamson, Calcutta ;
Oriental, Lowther, ditto; Prince of Wales, Alexander, Valparaiso.
Off port, Yorkshire, New York, sailed 16th ult.
CLYDE.—SId. Hudson, LaVrton, New York.
Conn, JAN. 31.—Wind W.S.W., strong breezes.—Arrd. Margaret
Littlejohn, Scott, Calais ; Love and Unity, Williams, Newfoutalland.
A ship, supposed the Atlas, from New York.
RAMSGATE, FEB. 2.—The Bee, Hayes, from Newcastle to South-
ampton, sprung a leak at sea, 31st ult., and was a abandoned; crew
saved by the Robert, arrived here.
DARTMOUTH, FEB, 2..—The Dygder, Selialman, from Byrnebay to
Marseilles, put in here yesterday, with several feet water in her
hold, loss of deck load, &c, and crew quite exhausted, after being
beyond Cape Finesterre.

DOVER, FEB. 2.—The Penguin, Bolles, from Sunderland to Abbe-
ville, has put in here very leaky, with windlass upset and less of
anchor and chain, having got on shore on the Newcomb Bank this
morning.

SIIOREHAM, FEB. I.—The French lugger Avemi picked up at sea
a cask of rum marked " Arroterdann Andreas," and one ca. k of gin
with "B. & Co., No. 12," about 30 miles S.W. from here, and saw
about 200 more, supposed to hare been in the water some time. .
COWES, FEB. 2.—The Wanskapen I.)urekman, from Wyburg to
Cette, which put in here on the 31st ult., is leaky, and must dis-
charge her cargo.

liiattpoot., IfEs. 2.—The Mary Addley, from Demerara to this
port, was wrecked yesterday on West Hoyle, being the vessel re-
ported yesterdey as a barque supposed to be the Mary. Sixty-four
casks ofrum have been saved from the wreck, and should the wea-
ther hold up, it is expected, the whole of the rum, molasses, and
hides will be saved. The Mersey, from Limerick to Lytham, got on
shore near limbo this morning, but came off on the flood without
apparent damage, and has put in here. The wreck of a boat
marked " Onondago, of NiraQbteurefeereo
d,;btaisasbepeoiitr: visashreepdortasehdotroe
iniaela,er
Formby. The Syria, from
been lost on Manieengan Sands. Mem.—The Syria is given in
Lloyd's list of the 16th ult., as reported on shore on the St. La*.
rence. About 100 bales of cotton have been landed from the Susanne,
at Cumming, on shore near Southport, a large proportion of which
Is damaged. The YeSSei is much broken, mut is rapidly sinking in
the muds.