The Sun.
London, England, 1846-01-08 00:00:00

On the Paris Bourse on Monday the Three per Cents.
closed at 82f. 90c. ; the Five per Cents., 121 f. 30c. ; the
Orleans Railroad shares, at 1,235 f. ; Rouen, 1,010 f.; North-
ern, 7506 ; Havre, 810 f. ; Avignon, 975 f.: Vierzon, 685 f. ;
Bourdeaux, 642 f. 50c. ; Boulogne, 5536; Troyes and
Montereau, 445; Basle, 252 f. 50c.

The Paris and Lyons Definitive Shares sold at 135 f. pre-
mium ; the Paris and Strasburg ditto, 52f. ; the Tours
and Nantes ditto, 80f. ; Bordeaux and Cette (Mackenzie),
4f. ; ditto (Espeleta), 11E 25c, ; Charleroy (Kysaens) 10f.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, JAN. 6.
Anglo-Belgian Madrid and Valencia...
Barbadoes
Boulogne and Amiens.. 12% Namur and Liege 4
Bordeaux &Medfterran 2 North Jamaica
Bordeaux and Toulouse Orleans and Vierzon .. 19
Do. & Cette (Espeleta) Orleans And Bordeaux 12
Do. (Mackenzie's) .. 2 Over Yssel •••
Callao, Lima, and Pa- Paris & Lyons (Laffitte) 2
citic Coast
Central of Spain ..... Ditto (Caloa's).... ..
Ceylon .
Demerara
Dendre Valley ...... % 'Paris and Rouen
Dutch Rhenish ...... 8% Paris and Strasburg
Dieppe & Paris Jtuict. (Ganneron's)
Dijon and Mulhouse Do. (Compe de L'Est)
East Indian
Faropoux & Hazebrouk Paris and St. Quentin.
Grt Northern of France Rouen and Havre......—
Constituted l5 Royal North of Spain.
Great Indian Peninsular % Sambre and Meuse .... 6%
Great Paris and Lyons. Strasburg and Bale ....
Great Western Bengal Tournay,Jurbise, Lan-
Great Western Canada den, and Hasselt
Jamai ea S Mid. Junction Tours and Nantes
Do. North Midland — (Mackenzie's)
Do. Extension
Jersey — Do. (O'Neill's).. ......
Louvain and Jemappe 2IA !Trinidad ..... ...........
Lyons and Avignon — !Verona and Ancona....
Luxembourg

Mr. Murray, younger, of Philiphaugh, has ad-
dressed the electors of Selkirkshire as a total and
immediate corn.law repealer. We rejoice that the
Duke of Buccleuch is not to be allowed to have it all
his own way this time. The new writ will be moved
for immediately upon the meeting of Parliament.
THE NEW PLANET.—Mr. Wyld, of Charing-cross,
has just published a small, neat chart, describing the
pathof the planet Astrwa. It exhibits all the prin-
cipal stars in that part of the heavens where the planet
is seen, and will enable any person, even slightly
acquainted with astronomy, and provided with a good
telescope, to discover its path. The stars are from
Bessel's Zones, and the planet's course by J. R.
Hind, Esq.

SACRED HARMONIC SOCIETY, EXETER HALL.—
The last of the annual performances of the Messiah is fixed
or Friday next, the 9th inst.
The Right Hon. Charles Arbuthnot arrived on Tues-
day, at A.psley House, from Strathfieldsave, en route to Colonel
Arbuthnot's seat, Woodford House, near Kettering.
The Duke of Buccleuch, the Lord President elect
of the Council, is understood to have obtained an accession
of 25,000/. per annum to his Grace's large rent-roll, by the
recent demise of his uncle, Lord Montagu.
Lord and Lady Wharncliffe are staying at Wortley
Hall, near Sheffield. The Dowager Lady Wharncliffe and
the Hon. J. Stuart Wortley have gone to Torquay, Devon.
THE WEST INDIA MAIL.—SOUTHAMPTON, THEE..
DAY NIGHT.—The Tweed, from the West Indies, Mexico, &c.,
arrived this evening. She brings 172,757 dollars, 39,710 of
which are for the dividend ; also 4,367 ounces of silver,
1,116 ounces of gold dust, 258 serons of cochineal, and 16
passengers. Mexico is still in a disturbed state. Her latest
dates are, Jamaica, Dec. 9 ; Havannah, 11; Tampico, Nov.
22; Vera Cruz, Dec. 2; Bermuda, 21. The Pacha has also
arrived with the Peninsular mails.
COST OF RURAL POLICE.—In the small county of
Nottingham, it appears that the cost of the rural police fur
last year was 5,341/. 2s. 2d.—a dearish annual smart for the
ratepayers!
EXTREMES.—We are told that extremes never last
long; but it would be well if it could be said that extreme
poverty did not last long.
SOUTHAMPTON, JAN. 6.—The Peninsular Com-
pany's steam-ship Pacha, Captain Burney, arrived from
Gibraltar at 6. 15. this evening, and landed her mails, which
will go to London by the mail, 2 A.M. train to morrow. Her
dates are—Gibraltar, Dec. 27 ; Cadiz, Dec. 28 ; Lisbon, Dec.
30; Vigo, Jan. 2; Corunna, Jan. 3. She has twelve passen-
gers, 400 boxes of oranges, and some specie.
SOUTH SEA HOUSE.—Tuesday a Quarterly Court
of the proprietors of South Sea Stock was held at the Com-
pany's House, in Threadneedle-street, to consider of a divi-
dend.
Mr. ries Franks, the sub-governor, in the chair.
The minutes of the last court were read and confirmed. The
Chairman acquainted the Court that the present was a general
meeting, for the purpose of declaring a half-yearly dividend
on the Company's stock. The accounts which had been pre-
pared pursuant to the Act of Parliament, would now be read.
The secretary having read the accounts, the Chairman, after
alluding to some of the principal items, move(' that a divi-
dend of one-and-three-quarters per cent. be declared on the
Company's stock, and that the warrants be payable on the
saale day as the Government annuities, viz., Thursday, the
Bth instant. The motion was put and carried, and there
being no other business before it, the Court adjourned. •
GLASGOW PIG IRON TRADE, JAI N. 2.—Firmness
among holders has been very general within this few days
past, and we do not hear of any iron offering under 80s., al
though we are not aware of any transactions at these figure.
—Glasgow Argus.

f frigates, of which 40 are afloat. and 10 building : 6')
corvettes; 60 briers ; 40 :malier Thios;
ports. Viso 100 steadi,ships, viz., 30 of the first
class, that is of from 400 to 600 horse-power,
and 70 of the second class, or from 90 to 300
and upwards horsepower. The Bill was re-
ferred to a Committee, without any remarks. In
respect to this large grant, the Constit all onnel says
—" Let it be observed that all this is not an increase,
but the supplying the deficit, and a carrying into
execution of measures resolved upon several years
ago. While waiting for the publication of the re-
port, we are struck with one reflection. It is con-
fessed that there exists a deficit or insufficiency,
which it has not till now thought fit to make known
to the Chambers and the country. This is an ad-
ditional proof of the necessity of the inquiry ordered
last year, and a useful result of this Parliamentary
resolution. We will add that, the Ministry has thus
pronounced its own condemnation, for the resistance
it made three years ago to the proposition of M.
LACROSSE, which it declared to be a useless amend-
ment." The Opposition journals in general express
satisfaction at the proposed grant, and only com-
plain that the Government have been so backward in
showing something like national spirit. The best
article on the subject is in the Press, which we here
subjoin :

" The credit of ninety-three millions, now demanded
has no other object than to insure the execution of the
ordinance of 1837. It was not then executed, you will
exclaim. Certainly not! For nine years we have been
out of those normal conditions which the Government
had itself fixed for our navy in time of peace. What,
then, have become of all the credits voted so liberally
by the Chambers? The greater part have been shame-
fully wasted, and employed for purposes different' from
those for which they had been granted. Feel astonist.-
went after that at the complaints so often brought for-
ward against the Department of the Marine ! In our
opinion, the Chambers have been too good natured.
They would have done better to complain of the man-
ner in which the public money is wasted. Great
abuses would thus be avoided, and France would be
stronger than she is, and than she will be, after all
the expenses that are about to be required. It ought to
be known, and we dwell designedly on the point. that
the Government at present demands not alone 93 mil-
lions, but 135 millions ; for if the extraordinary credit is
reduced to 93 millions, it is because the ordinary credits
placed on the budget are each year increased. It is,
therefore, really 135 millions of new subsidies which the
Government demands. And why so ? To develope on
a large scale our means of maritime action ? To ap-
proach the position which England has long taken up ?
Not at all. Solely to place us in the condition where we
ought to have been these nine years. It must be added
that we shall not attain it very quickly. Seven years
are required to arrive at it with the aid of this extra-
ordinary credit of 135 millions. Thus we shall have
taken sixteen years, and expended enormous sums, be-
sides the current budgets, to place our navy on the foot-
ing which was judged indispensable at a period when
events had not yet demonstrated all the necessity that
exists for France to be powerful on the ocean ! Let
us not, then, speak of progress on the occasion of this
Bill; let us not imagine that our country, if it pays
largely, is about to be endowed with a naval force
which will allow it to play a great maritime part. No,
that would be pure illusion. The money now demanded
is destined only to repair the faults of the past, to fill up
the deficiencies which it is no longer possible to conceal,
to give us in 1845 the naval organisation which we ought
to have had in 1837. Such is the true state of the case.
In England, perhaps, umbrage will be taken at this last
credit. In France it will be supposed, perhaps, that we
are going to take a giant's stride in the course where all
the national sympathies urge the Government. In both
cases a mistake will be made. The ordinance of 1837
becomes a verity, and that is all. Over that the 137
millions are spent. We shall simply have the effective
force which Admiral Duperr6 then demanded as neces-
sary, with this difference, however, that in place of 70
steamers, which were put down in his plan, we shall
have 100, or 30 mere. Insufficient as is this result, it
is the inquiry of last year which has produced it. Let
us congratulate ourselves, therefore, ot. the decision
taken at that period by the Chamber. We strongly
supported it, and, in our opinion, it had only one fault,
that of being tardy."
The indisposition of the Queen of the French arises
from a cold attended by lumbago, caught, it is believed,
in visiting various shops to make purchases of presents
for New Year's-day. Her Majesty is not obliged to
keep her bed, and was even able on Saturday to join the
family circle in the saloon.
" The winter seems to have set in at Paris. On Sun-
day evening a considerable quantity of snow fell, and
still lies thick upon the ground in those parts of the city
where it is not melted by the artificial heat.
" The o►erland India mail, by the usual conveyance
vies Malta and Marseilles, reached Paris on Sunday.
" According to accounts from St. Petersburgh, dated
the 26th ult., the cold had varied between 12 and 15 de-
grees below zero of Reaumur (from 7 degrees above to
2 degrees below zero of Fahrenheit), but the total ab-
sence of snow stops all intercourse with the different
parts of the empire, and thus threatens an enormous in-
crease in the prices of the necessaries of life. The har-
bour of Cronstadt has been locked up by the ice ever
since December 13th."