The Sun.
London, England, 1848-08-24 00:00:00

COURT CIRCULAR.

-
OSBORNE, WEDNESDAY.
The Queen and Prince took their usual early walk this
morning, and the younger branches of the Royal Family
walked and rode in the grounds at Osborne, as well as the
illustrious visitors at present remaining at Osborne.
The royal dinner party yesterday included her Royal High-
ness the Duchess of Kent, Lady Anna Maria Dawson, and
the Baroness de Speth.
The Queen will hold a Privy Council to-morrow (Friday),
the 25th inst., at her Majesty's marine residence, Osborne,
Isle of Wight, at one o'clock in the afternoon. Summonses
were issued yesterday from the Privy Council-office to the
Ministers and Officers of State.

, Mr. John Thornton (Deputy-Chairman of the Stamps),
Mr. Peacock ( Solicitor to the Post-office), and Mr. Timm
(Solicitor to the Legacy Duty-office), had interviews with
the Chancellor of the Exchequer, yesterday, at his official
residence in Downing-street.

SOUTHAMPTON, W EDNESDAY, AUG. 23. The
Peninsular and Oriental Steam Navigation Company's
steamer Montrose, Captain Bowen, with the mails from
Gibraltar, Cadiz, Oporto, Lisbon, &c., is expected to-
night or to-morrow. The American barque Hebron,
Captain Bart, with 2,735 boxes of sugar from the Ha-
vannah, and the American barque Emily Taylor, Captain
Claussen, with 615 hogsheads of tobacco, from New Or-
leans, arrived off Cowes yesterday for orders.
A NOVEL DEFENCE.—A man was brought up on
Monday, at Preston, charged with having been drunk,
and creating a disturbance in the previous week. Be
hoped the bench would pardon him
an as he had only been
attending a temperance tea-party, d had had a little
drop too much.
FRENCH GRAIN.—The steam-ship James Watt,
from Havre, has brought 200 sacks of flour, and 26 of maize
or Indian corn. This is one of numerous arrivals of grain
and flour which have recently taken place from rance, the
produce of that country.

MOSEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was more ani-
mated, but holders sold willingly, and prices Were barely sup-
ported. Sales 5,000 bales. The Railway Share market had
been more buoyant, although there was not much done.
Private letters received from Canada state that the French
party, with Lafontaine at their head, being in power, now
show themselves in their true light as the weakest and most
vacillating set of men that ever presumed to govern the
country. One writer expresses his sorrow that Lord Elgin
is so much under their control that he does not even invite
to his table parties who might be objectionable to them.
After all, however, we think some allowance should be made
for the difficult position of his Lordship.
Other objections are also urged, but in giving them, we
do so without being sufficiently fortified with facts to com-
pensate the want of local experience. The commercial letters
written by some parties advert to the gradual diminution of
the revenue of the province, with its fixed liabilities, and it
is contended that the difficulty arises from the defective ad-
ministration of the financial affairs of the colony, which the
issue of floating debentures undertaken by the Government,
and to be received in payment of taxes and duties, will only
temporarily relieve; while ultimately tending to a derange-
ment of the provincial currency, by becoming depreciated,
then speculatively taken up by capitalists, and imme-
diately paid in for duties, &c. Our correspondent says
that this will add to the commercial embarrassments, and
cause a diminution of so much sound currency. Canada, he
goes on to remark, wants a strong practical Government,
composed of men of position and character, whereas the
French Canadian Government is most unpopular. We have
culled portions of the letters that have been shown to us,
because everything from private sources, which tends to
throw light upon the administration of colonial affairs, is in
these times important. Whether the views expressed be
correct and Impartial, those most conversant with Canadian
affairs will be capable of judging, but oftentimes a political
explosion occurs, in some distant possession of the mother
country, before the generality of readers have even heard of
the existence of discontent.
The accounts from Paris are still of a comparatively unin•
teresting character in regard to financial matters, which no
one can judge of beyond the time present. The collection
of the revenue must be progressing, or there could be little
prospect of the Dividends being paid upon the Public Debt.
It cannot be denied, judging from the votes in the Assembly
for the liquidation of the Greek claims, the compensation of
slave owners in the West Indies, &c., that the French
representatives are desirous of maintaining good faith with
their creditors, and although we disapprove of the measures
adopted, :in the matter of railways, whereby parties who in-
tended only to make an investment in a company are com•
pelted to become Government Stock holders, we must make
some allowance for the crisis that has overwhelmed France,
and from which nothing but her own sense of honour and her
determined energy could enable her to emerge. It would be
well, indeed, were Spain, Mexico, and other nations upon
which the English bondholders have claims, to imitate
in this respect at least, the conduct of France, but the pro-
ceedings of the Mexican Congress leave but little hope of
such a course, for now money is coming into possession of
the country, obtained, too, by unusual means, the United
States indemnity, the Republic, like to many others in
South America, no more pleads poverty, but actual disin-
clination to reduce its debt. Something, we trust, however,
may yet be done to shame it into honesty.
There is nothing later from Denmark, but the steamers
leaving England for Hamburgh have resumed the convey-
ance of cargo.
No conclusion can be arrived at from what took place in
Parliament last night as to the amount which Government
may need for the relief of Ireland, and although the accounts
received from Dublin are better, much interest and some
anxiety are expressed for the details of the budget.
The finer state of the weather has given strength to the
market for the public securities, and as politics abroad are
apparently more settled, and satisfactory explanations were
given in the House of Commons last night upon the views
of Government, as respected Naples and Sicily, the disposi•
tion among speculators, especially if the doubt concerning the
Government monetary requirements were satisfied, is rather
to operate for a rise than a fall. There have been accordingly
some purchases made this morning, and Consols have realised
86% to 86% for Transfer, and for Account. Exehequer-
bills have been 28s. to 325. premium. The New Three-and-
a-Quarter per Cents. have been quoted 86 ii to 87%. Bank
Stock is at 196% to 198.
The Foreign Securities have been dull. Spanish Five per
Cents. are about 113,i to 1214 ; Portuguese Four per Cents.,
18% to 19; Brazilian, 70% to 72; Mexican, 16% to 17;
and Dutch Two-and-a-Half per Cents., 441/2.
Shares are very quiet, but better prices are obtained ge-
nerally.

ONE CLOSING
't<l,.t:s OF BRITISH FUNDS. O'CLOCK PRICES.
Bank Stock 197% 198 106% 196%
1 per Cent. Reduced Anns B6IA % 86%
3 per Cent. Consols Annuities 86% % 861/7
New 31 per Cent. Anus.... ..• B6, 8711 $.71/
Long Arms. to expire Jan.lß6o
Ditto, Oct. 10, 1859 ..... - ~•
..,„ ~. „,.. 8%
India Stock 23B\ k 238
India Bonds, I,lpoi.
Consols for Accotnt 866 lA% 861
Exchequer Bills. 2%d. & 2d.
1,0001. March ......
1,0001. Jute
5001. June
I Small, March... •• .. - 2923 p
1 Small, June