The Sun.
London, England, 1846-01-13 00:00:00

13 1846.

interest is the speech of General NARVAEZ. In reply
to charges made by Senhors SEIJAS and Hoz, he said
it was no fault of the Government that the negotia-
tions with Rome had not been brought to a favourable
conclusion. The Government had, throughout the
whole business, neglected neither the interests of the
nation nor the privileges of the Crown. "It has been
asserted," continued he," that the QUEEN was not re-
cognised by the POPE, but I declare that the relations
between the two Sovereigns are most friendly, and
that the Spanish Envoy in Rome is highly re-
spected, and treated as the Minister Plenipo-
tentiary of the Queen of SPAIN. Her MAJESTY
has even in her possession letters from his HOLINESS
who calls her his most beloved daughter.' The
settlement of the dotation of the clergy alone prevents
her formal recognition by the Holy See. With re-
gard to the marriage question, the QUEEN had not yet
expressed any desire on the subject, and that when
her MAJESTY should think proper to make a choice,
the Ministers would hasten to inform the Cortes of
her resolution." The amendment was rejected by a
majority of 117 to 33, which shows that NARYAEZ
has the complete control of the Chamber.

The Three per Cents. closed at 35} at 60 days, and
the Five per Cents. at 23i for the 23d inst.

The Paris papers are chiefly occupied with the busi-
ness before the two Chambers. At the close of the
debate in the Peers, on Saturday, M. GuizoT was ex-
pected to reply to the speeches of Baron DUPIN and
the Count MONTALEMBERT, but, owing to the lateness
of the hour, he deferred his remarks till Monday. On
Saturday the Chamber of Deputies, in Committee, ex-
amined the extraordinary and supplementary credits
for 1845 and 1846, which, after certain reductions,
amount to 29,000,000 f. for the two years. The
chief increase has been caused by additional rein-
forcements for Algiers. For the expenses of the
fleet on the River Plata, the operations against the
slave trade and Madagascar, the Minister of Marine
demands 8,000,0001., and for the losses by the
fire at Toulon, 3,165,0001. The credits re-
quired by the other departments are not
large. In the Committee on the Address
M. VITET read the draft to be laid before the Cham-
ber on Monday, when M. ST. MARC•GIRARDIN pro-
posed an amendment, to the effect that the Govern-
ment had shown an absence of foresight in the late
events in Algeria, but the whole of the other members
of the Committee were opposed to it, and the amend-
ment consequently was rejected. Several public
documents of great importance had been laid before
the Chamber by the Minister for Foreign Affairs.
Among others, two letters from M. GUIZOT to the
French Ministers at London and Washington, rela-
tive to the annexation of Texas. Fro:n these, which
we subjoin, it will be seen that the French Govern-
ment was extremely averse to the annexation, and
also views with strong jealousy the encroachments of
the United States on the side of Mexico. No Mini-
ster who regarded the interests of France, and the
proper balance of power in the new world, could take
any other view of the deceitful and outrageous ma-
chinations at work in that quarter. The following
communications from M. GUIZOT on the subject will
be read with interest :
" TEXAS.—No. 7.
"M. GUIZOT TO COUNT DE SAINTE AULAIRE.

" Paris, Jan. 20, 1844.
" Monsieur le Comte,—Lord Cowley has read to me a
dispatch, written to him by Lord Aberdeen, on the pro-
ject formed at Washington, of preparing the annexation
of T( xas to the United States' Confederacy. The prin-
cipal Secretary for Foreign Affairs expresses in that dis-
patch the wish to know if the Ring's Government be
disposed to providing its Envoy to the United States
with instructions similar to those which the Britannic
Envoy will receive to manifest the opposition of his
Government to such a project. You may announce to
Lord Aberdeen that I shall write to the same effect to
M. Pageot. Texas having been acknowledged as inde-
pendent by several of the great Powers, and particularly-
by that which now seems to absorb it, it is evident that
we have a right to appreciate the act which would
annihilate that independence, and to urge the objections
to which it may give rise, as respects either right or
interests. Those objections are numerous. It is known
that even in the United States the wish for the annexa-
tion in question is far from being unanimous. If the slave
states are very anxious for it, in order to subject to a
system of customs' duties by which they are bound a coun-
try whose commercial competition they dread, and, above
all, to secure to themselves, by the acquisition of an
ally, a preponderance in the confederacy, the other states
would, by a natural consequence, view it v,ith extreme
repugnance, and though it behoves us not to meddle with
that internal contention, the consideration on which it
rests is certainly not of a nature to make us lean to the
side of the partisans of the annexation. Our direct in-
formation from Texas seems, besides, to prove that the
majority of the Texian people are contrary to it, and
that the thought of it is energetically rejected by the
existing Government. It is, therefore, only by the aid
of ♦iolence, more or less avowed, or more or less dis-
guised, that it could be accomplished; and, I repeat it,
it would in no respect suit us to accept such a change
without opposition."

Little business was done in the Funds on Sunday.
The Three Fer Cents. were quoted at 83f. 15c.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LON DON STOCK EXCHANGE, J. 12.
Anglo-Belgian — Madrid and Valtncia... 11A
Barbv does
Boulogne and Amiens.. 11% Namur and Liege 4
Bordeaux &Mediterran North Jamaica ...
Bordeaux and Toulouse Orleans and Vierzon -
Do. & Cette (Espeleta) 1% Orleans and Bordeaux 11VI
Do. (Mackenzie's) .. Over Yssel •••
Callao, Lima, and Pa- Paris& Lyons (Laffitte) 2%
cilia Coast
Central of Spain .. % Ditto (Calm's)... ..
Ceylon . % Ditto (Sud Est)
Demerara
Dendre Valley ......
Dutch Rhenish ... ...... 73/4 Paris and Strasburg
Dieppe & Paris Janet. (Ganneron'al
Dijon and Mulhouse ... 21,,i Do. (Compe de L'Est)
East Indian ...... IIA Do. (Aymard's)
Fampoux & Hazebreuk Paris and St. Quentin —
Grt Northern of France Rouen and Havre..- —
Constituted 1414 ,Royal North of Spain.
Great Indian Peninsular 1/2 Sambre and Meuse ....
Great Paris and Lyons. 2N,
,Strasburg and Bale ....
Great Western Bengal Tournay,Jurbise, Lan-
Great Western :Canada 3% , den, and Hasselt ...
Jamaica S. Mid. Junction .Tours and Nantes
Do. North Midland % (Mackenzie's) —
Do. Extension
Jersey — Do. (O'Neill's) —
Louvain and Jemappe.. 21,1 .Trinidad
Lyons and Avignon.... IVerona and Ancona —
Luxembourg

It is confidently rumoured that Lord Canning re-
tires from the office of Under-Secretary for the Fo-
reign Department, and is succeeded by Mr. Smythe,
Member fur Canterbury.

!MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
There was a very firm market for Cotton at Liverpool
yesterday. Sales 6,000 bales, including 2,000 on speculation.
Prices were very firmly maintained, and in some instances
higher. A large business was done in shares, but scrip was
generally lower.
The movement in the commercial markets is not very
decided, but for to• morrow a good many sales are declared,
and the dealers who have become low in stock, as usual
when the year is commencing, are now compelled, from the
increasing demand for consumption, to come into the market
as buyers. The deliveries, therefore, from the London ware-
houses are increasing considerably.
Custom-house management, or rather mis-management,
is pretty well understood, and it is astonishing that the
frequency of complaint had not long ere this more effect
upon the Board. Better late than never, however, is a con-
solitary saying, and it is hoped that the appointment
of additional superintendents just made rill tend
to facilitate business at the docks, and serve as a
protection to the fair trade, into the bargain ; for
what with delays and duties, the penchant for smuggling is
not very difficult to account for; in fact, smugglers might
teach a useful lesson on the quick delivery system.
The English Securities are to-day much the same
as they closed last night, Consols being 9434 %.
There is a want of buoyancy, although the Government
broker has been a taker of Three per Cent. Reduced, and the
sales have not been large. The premium on Exchequer-
bills has been rather lower, viz., 295. to 275. Bank Stock has
been less firm at 204% to 2051/_. The New Three-and-a-
gearter per C nts. are 97% to 97%.
The Foreign Investments have been heavy, but are not
lower. Spanish Five per Cents. realise 283_it to 29, and the
Three per Cents. 391. Portuguese Bonds continue nominal.
Brazil Stock has been quoted 8314, and Mexican 3014 to %.
Dutch Four per Cents. are 95%.
Shares are quieter to-day, and prices are not higher.
11811 teiLINDS 11118 DAY Al' ONE O'CLOCK.
(From the Official List.)
Bank Stock 204% 203%
3 per Cent. Reduced Annuities 951/8 IA
3 per Cent. Consols Anna 9434 I/2
New 314 per Cent. Annuities ..... 973/4
Long Annuities Expire sth Jan. 1860— 10% 7-16
Do. 30 Tears, Expire Oct. 10, 1859 lO 3-16
India Bonds 1,0001
Ditto under 1,000/ 39
Consols for Account
Exchequer Bills. W 4 d. 11,4 d.
1,0001.

500/. ........ ... 29 27 pm.
Ditto Small — .... 29 27 pm.
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.

Brazilian Bonds, 5 per Cent 8314
Mexican Bonds, 1837, 5 per Cent 301434
Ditto Deferrer
Russian Bonds, 1822, 5 per Cent 1131,.;
Spanish Bonds, 5 per Cent, 1840 283/4 29
Ditto Deferred
Ditto 3 per Cent..
Venezuela Bonds. 2 per Cent 44
Ditto Deferred Stock l2l,
Dividends on the above payable in London.
Dutch 2112 per Cents
Ditto 4 per Cent. Certificates
BUSINESS DONE IN RAILWAY SHARES AT ONE
O'CLOCK.
PAID. PHA SHARE.
Aberdeen
Aberdeen, Banff, and Elgin... 214
Armagh, Coleraine, Portrush 1% — to
Aylesbury and Theme ... 1%...

RAILWAYS.

Belfast &-County Down
Bideford and Tavistock .. ... 1%.....
Birmingham and Gloucester 100 ......130
Ditto New Shares
Birmingham and Oxford
Junction
Birmingham and Leicester
Direct 42s
Boston, Stamford, and Birm. 22s ..
Bridgewater and Minehead... 425......
Bristol and Exeter .
Ditto New
Bristol and Gloucester 3O