The Sun.
London, England, 1846-12-05 00:00:00

ornin :"I\iitt

LONDON, SATURDAY, DECEMBER 5, 1846.

There is a coincidence in the indignation of the
different kingdoms of Southern and Western Europe
at the execrable crime recently committed against
the last vestige of Sarmatia, which will impart a
peculiar force to the protests of England and France,
and of the other constitutional monarchies. The
spoliation of Poland is consummated in the seizure of
Cracow ; but in that consummation Russian despotism
IS exposed to the wrath and execration of civilised
millions. In conniving at, or rather instigating, the
Austrian occupation, Russia has drained the goblet
to the bottom, but there is poison in the dregs ;
it has riven the oak asunder, but its hands are
imprisoned in the aperture. It is quite certain
that Austria has in a great measure been
seduced into this monstrous violation of faith, parti-
ally by the intimidation, partially by the voluble
suavity, of the Government of St. Petersburgh. The
Administration of the Kaiser FERDINAND possessed
all the inclination to destroy the independence of
its
covetous but it lacked the courage to appease
covetous aspirations : it looked with especial abhor-
rence upon the liberal institutions of that miniature
republic, and resented the fact of its existence in the im-
mediate neighbourhood of so many absolute and gigantic
powers, but it feared to incur the displeasure of those
western nations whom it dreaded for their prowess,
and whom it loathed for their magnanimity. It re-
membered that when the imperial diadem girdled the
brow of the paternal FRANCIS, thrice had it continued
to exist as a state by the sufferance of France; it
remembered how its capital had been taken and re-
stored ; how its regalia had been dashed into the mire
and replaced in the hands and upon the, fore-
head of its emperor ; it remembered the con-
cessions
_ of Campo Formio and the ford of
Wagram. Cherishing an intense hatred of that poli-
tical emancipation which had so frequently perilled
its existence, it preserved, nevertheless, a repressive
recollection of the dangers consequentro upon arousing
the polities of Western
in
jury of those Europe while it yearned
for the abasement and
Governments,
it was cautious of evoking their rage o rof incurring
their violence. Those were the conflicting sentiment,
of Austria ; they held possession of her sincethetea
of 1815 ; her covetousness and her cowardice, her maliceltee I

and her pusillanimity, her hope and her trepidation
racked her with a thousand different emotions. She
vibrated between an obsequious tranquillity and an
insolent display of despotism. Her fears, however,
still continued predominant. Her awe of the en-
croachments of the constitutional Governments still
preserved the mastery. Nevertheless Russia has
striven unceasingly to remove her objections, to dis-
sipate her scruples, and to conquer the caprices of
her conscience, and the volatility of her passions.
Russia has at length been successful in these in-
sidious endeavours. She has persuaded Austria
boldly to consummate, in one flagrant catastrophe, the
envy and indignation of years ; she has adroitly im-
plicated Prussia in an act by which the ruggedness of
the road to Constantinople is smoothed. Austria
undoubtedly possessed all the will to incorporate
Cracow with her dominions, but Russia has shown her
the way and given her the courage. As in all
the former annexations of Sarmatian territory, so
it is in the last infamous violation of the rights of in-
dependence—the miseries of Poland are all traceable
to the council-chambers of St. Petersburgh, the sub-
jugation of Sarmatia is mainly attributable to the
lawlessness of Russian ambition.

Circumstances, however, have followed the seizure
of Cracow which are indicative of a new spirit, not
only among remote kingdoms, but even among the
subjects of the offending Power. Lord CASTLEREAGH
in 1815 stipulated for the respect which was owing to
the last remnant of Poland as forcibly as Lord ABER-
DEEN could have done in 1845, or as Lord PALMER-
STON has done in 1846. But neither in the first dis-
memberment of that kingdom, nor in the forcible
seizure of the Duchy of Warsaw, did anything occur
so indicative of the peril of such proceedings as the
recent resignation of Count KOLOWRAT. By resign-
ing his Ministerial office, and seeking immediate re-
pose among the mountains of Switzerland, he is sig-
nificantly protesting against the violation of treaties
and the piecemeal destruction of an unoffending nation.
It is preposterous to assert that Austria is op-
posed to absolutism, or to the propagation of
ultramontane principles. Those are a por-
tion of her very vitality. The locofocos
have no such upholders among the citizens of the
United States as the absolutists and ultramontanists
have in the Cabinet of the Kaiser. It is, therefore,
peculiarly remarkable when a Minister can oppose,
in a manner so decisive, the wishes and views of
that tyrannical Government, as Count KOLOWRAT
has just done, by his resignation immediately
after the annexation of Cracow. Beyond this,
the various states of Germany are roused to indigna-
tion by the very reflection of the incertitude of their
own existence henceforth. It is manifest to them
that if the sixth and ninth articles of the Treaty of
Vienna are thus violated those other articles may be
as easily set at nought by which their independent
existence was guaranteed. A stern and obdurate
hatred is therefore roused throughout those Govern-
ments—a hatred none the less stern or the less
obdurate because it is based upon selfishness.

By the recent crime of the Northern Powers
Poland has gained a multitude of sympathisers.
Will their sympathy, however, be profitable
or unprofitable ? Will Cracow be abandoned
to the possession of Austria, amidst the
pusillanimous lamentations of the rest of Europe ?
Are treaties to be eternally violated with impunity ;
are protests to be answered by impertinent sophisms ?
The criminality of the French Government, in break-
ing the Treaty of Utrecht, is essentially different
from the criminality of Austria in breaking
that of Vienna. The former is a violation
of faith, the evil consequence of which is,
at the most, a mere contingency ; the miseries
resulting from the latter are immediate—they
are already experienced by the helpless Sarma-
tians. The elevation of an Orleans Prince to the
Iberian throne is dependent upon the possible sterility
of ISABELLA If. ; the freedom of Cracow is de-
pendent upon nothing—it is already wrested from
its population. Let it be remembered that this is no
time for cavilling over remote causes of hostility and
supposititious grievances. In the occupation of
Cracow are implicated the interests of liberty and ci-
vilisation.

The corn-laws, being virtually abolished, with
what rapid succession is the public mind addres'ing
itself to the extinction of other large monopolies.
The breath was scarcely knocked out of the body of
the agricultural leviathan, before the disciples of free
trade turned round, and, with one blow, prostrated
another powerful enemy that preyed upon the vitals
of commerce. The pernicious fiscal distinctions he-

tween the produce of free and slave-grown sugar

were instantaneously swept away. The monopolies
of tea and salt are now being attacked with the like
vigour, especially the former. Neither is
it to be wondered at that these several
onsets are being thus promptly made
against such formidable restrictions on commerce,
They all rest upon the same foundation. The argu-
ment runs upon all fours with every one of them.
If the free-trade propositions in favour of extinguish-
ing the duties upon corn were sound, they must he
equally so when applied, for the same purpose, in
regard to sugar, tea, salt, and other articles of general
consumption. But the data of political economy tell
with more than equal force in relation to the com-
modities just enumerated than they do in connexion
with foreign grain. The people must have bread,
which is the indispensable staff of life ; hence, the
main argument of the landed monopolists consisted
in the inadvisability of allowing this country to become
dependent upon foreigners for their daily food. This oft-
reiterated fallacy has been completely exploded. Of

this the corn-law of last session is the best practical
proof. Articles of the first necessity, as sugar, salt,
and tea unquestionably are at present with the
people, still they are not so, to the same degree,
as corn. If the principles of unfettered commerce
can he safely resorted to in respect to the latter, a
fortiori ctin they be successfully applied in regard to
the former. lt was this consideration that wisely

determined the League to confine their exertions to

the abrogation of the corn•laws, because they knew
that, after their downfal, all other mono-
polies would speedily vanish. It was their
thorough conviction of this that decided the
League upon grounding their arms the moment they
had achieved their signal victory. What remained

to be done ? they knew well enough the nation would

manage for itself, without the help of any gigantic
organization. A sharp lesson had been read to all
public men, who, it was justly conceived, would not
be prone to repeat their former errors. The moral
foi.ce which the League brought to bear upon all
their proceedings, could not fail of its effect with suc-
ceeding Ministers whenever the country should display
an anxiety to urge upon the Government any concession
ofsimilar import to that of the corn.laws. This effect
was indicated when Sir R. PEEL, in retiring from
office, declared in Parliament that he was ready, in
atiy future public capacity, to progress with the
p nciples of commercial relaxation.
yenrontmheernitmfeproratnanitmmmeedeitainte reg,fdorucmtieomn o
orifaltihsiengduv
the
G
o , tea, was held at Leeds, on Wednesday last. The
11.
cpiestion was very ably treated, and appropriate reso-
lutions in furtherance of the object of the meeting
ware unanimously passed. The hole question turns
uppn whether a reasonable case can be made out to
the Chancellor of the Exchequer that, by sanctioning
th desired reduction, the revenue will not suffer so as
to endanger the national credit. From the statistics
al ady furnished, there seems to be no doubt that this
as ranee can be conveyed to the authorities of the
T asury, and more, that the public finances will be
much improved by the proposed alteration. This
beneficial result will be attained with the greater cer-
tainty, provided the diminution of duty be made a
considerable one in the outset, viz. from 2s. 24d. to

ls. per lb. If it be said that the consumption of teas,
and particularly the black, within the last ten years,
has not corresponded with the cheapness of their
prices, compared with what they obtained before
1834, it must be remembered that the average
raz upon tea is still two hundred per cent., and,
also, that the humbler classes have not been
in the condition in which, it is hoped, they will
shortly be, by reason of our improved tariff, to com-
mand the means of purchasing tea. Wherever tea
has been admitted on more favourable terms than we
,njoy, the consumption has been considerably aug-
mented. In Jersey, Canada, and Newfoundland the
,:onsumption averages 411bs. per head per annum, in
Australia, 'Tbs., whilst in England it is not more

than lilb. The cheaper we render tea the more we
shall consume, and the further we increase its
importation the quicker will the deficiency in the
revenue be covered. The returns of our national
income, since the bold reductions effected in the tariff
by Sir R. PEEL, short as the interval has been, have
been most encouraging, and warrant our persevering
in the same course. But it is not merely the direct
advantages to the Exchequer accruing from these
seasonable reductions of taxes, the indirect are
likewise of infinite value. China contains 350,000,000
of inhabitants. They admit our commodities at the
low duty of 5 per cent. on the estimated value. Our
trade with them has been materially falling off, and
this year it has diminished, it is said, to nearly one-
third. We have only to liberalise our tariff in respect to
their chief article of export, to revive and extend our
intercourse with this important race.of people. By
an enlarged consumption of tea we should secure a
great stimulus to our manufactures, and, conse-
quently, in a variety of ways, increased demand for
the exertions of our labouring classes. The time
cannot be distant when the tax on tea will be as hap-
pily revised by Parliament as have been those on
corn and sugar.

It has been stated in a respectable Irish newspaper,
the Freeman's Journal, that within the last few
months, in fact, since the real extent of the calamity
by which Ireland has been visited has become fully
known, that no less than 1,200 notices have been
lodged in the proper office in the Four Courts, in
order to foreclose mortgages on Irish estates. We
suppose that our Contemporary means that 1,200 bills
of foreclosure have been filed for the purpose of com-
pelling payment of the money lent on the security of
the several estates. Such proceedings, if instituted,
must entail a fearful amount of suffering on a vast
number of families who have hitherto lived in com-
parative comfort and affluence, and who will be little
enabled to brave the ills of poverty and destitution.
The cost of each of these bills may be averaged at
1,0001. sterling at the lowest computation ; in several
cases, where there are many different incumbrances,
or persons having charges affecting the land, all of
whom must be brought before the Court, and who
will be entitled to have their costs out of the produce
of the estate, it may be taken at five or even ten
times that amount before the mortgaged premises can
be transferred to a purchaser, and the fund in Court
distributed amongst the several parties who have
established their title to payment thereout. By this
means, therefore, no less a sum than twelve hundred
thousand pounds sterling will be abstracted from the
exigencies of the country, and wasted in useless and
unprofitable litigation. This, however, will be by no
means the extent of the evil. The first step that will
be taken in the vast majority of cases, immediately on
getting in the answer of the principal defendant ad-
mitting the validity of the mortgage, and that a
certain amount of interest is due on foot thereof, will
be to obtain a receiver over the lands. As this receiver
cannot be called on to account for fifteen months after
his appointment, and subsequently thereto only once
in every year ; and also, as when he has so accounted
the balance in his hands must be paid into the Bank
of Ireland to the credit of the cause, from whence it
will take a considerable time before it can be released
and distributed amongst the parties entitled, a great
portion of the income derivable from land will be
locked up, and remain idle and unproductive, at a
time when all the resources of the country should be
brought into active operation. Again, it is only in
the cases of minors and lunatics, who are the wards of
the Court, and for whom the Court is entitled to act in
such manner as in its discretion it may conceive to be
most advantageous for their real interests, that reduc-
tion of rent can be made, that improvements can be
effected, that labour can be employed, or subscriptions
given in aid of the destitute poor belonging to the
property, save with the consent of the inheritor of
the estate—a consent which there will scarcely be a
possibility of obtaining. The whole amount (in case
of such consent) would fall upon the scanty portion
which would remain for the nominal owner after pay-
ment of the full amount of charges and costs. He
would have no interest in the future prosperity of the
property, or the improvement of its soil ; he could
not be expected to contribute to the public charities
when, in a brief period, himself and family might
themselves become objects of charity, and he will,
therefore, refuse his assent to any reduction being
made in the rent, as well for that reason as because he
will hope that a higher amount of purchase-money
may be obtained in proportion to the magnitude cf
the nominal rent-roll.

The late Lord Chancellor (Sir EDWARD SUGDEN)
wrote several letters to Lord DEVON and his associate
Commissioners, when conducting their inquiries into
the laws relating to the occupation of land in Ireland,
pointing out the great evil of such a state of things,
and urging that the Lord Chancellor for the time
being should be permitted to deal with all lands
brought in any manner under the jurisdiction of the
Court of Chancery as fully as if they belonged to
wards of the Court. Such an enactment, which
would appear to be just and reasonable, and which, in
the hands of a person of such sound judgment,
enlightened liberality, and enlarged and compre-
hensive views as the Learned Judge who now holds
' the Great Seal of Ireland, could not fail to be in the
highest degree beneficial to the country, and would
go far to remove the national injury which must result
from the present proceedings. Many months must
elapse, however, before such a measure can obtain the
legislative sanction, and during that period a fearful
amount of mischief may be inflicted which cannot
possibly be repaired.
It may be worth inquiring into the causes that
have led to such effects—to inquire how far the mort-
gagees and incumbrancers are justified in taking such
a course, and what foundation there is fur the panic
that has evidently set in, and which has induced pro-
ceedings injurious to the persons taking them, and
fatal to the proprietors of the properties in question ?
We hope to be enabled to show that there is no just
grounds for such a panic—that estates in Ireland are
still as sufficient securities as ever for the sums
charged upon them—and that whatever may be the
consequences of the failure of the potato crop, and
the distress resulting therefrom throughout the
country, whatever burdens may be imposed
upon the lands for the relief of that distress, and the
employment of the labouring population of the coup-.
try ; and, however severely it may press upon ..thi;
proprietors of the soil, the mortgagees and ineurrk:
brancers cannot be affected thereby more than the
recipients of equal incomes arising from any other
description of property or security. If this can be
satisfactorily established, we trust that it will calm
the apprehensions of one class, and remove the real
grievances that will be occasioned to the other class
by those groundless fears. Our space this day for-
bids us from entering on this proof, but we shall re-
turn to the subject without any delay.

Madrid journals of the 26th ult. have been received

It is rumoured in Madrid that serious differences
have taken place between the QUEEN and her mother,
and that CHRISTINA will most probably retire into
France. It is said that a reconciliation will take
place shortly between Queen ISABELLA and the Pro-
gressista party.
The Progressistas have nominated as their candi-
dates for Madrid, ESPARTERO, MENDIZABAL, and
OLOZAGA.

It seems that the accounts of the desertions of the
troops of FLORES are very much exaggerated.
General FLORES has arrived at Santander at the
head of a very considerable force.
As might have been expected, the Afrancesado
Ministers have dismissed the Judge who dared to
give a decision against Count BRESSON in his affair
with the Tiempo.

The Heraldo states that a serious increase of price
in provisions generally has taken place in the capital,
and many other towns in Spain. It attributes this
state of things to three causes—the increase of the
population, the deficiency of the harvest in many
points, and the defective mode of taxation.
MADRID BOLSA, Nov. 26.—A scarcity of money was
felt on the Stock Exchange of Madrid. The Three per
Cents. closed on the 26th at 34i offered ; there was
subsequently a decline of 1-16th. Four per Cents.,
201 ; Five per Cents., 21i ; Coupons non-Consoli-
dated, 19k.

We have received the Paris papers of Wednesday.

The Moniteur publishes three royal ordonnances,
in virtue of the law of 1836, which permits the im-
portation of foreign products for manufacture and
re-exportation; allowing colza seed to be imported

duty free in French bottoms, for conversion into oil,
and exportation in that state within a delay of six
months; madder root to be received duty free, for
grinding and exportation, on the same conditions ; and
tartar in its rough state, to be received in a similar
way, and under the same conditions, for conversion
into cream of tartar or tartaric acid.

The Constitutionnel has an article, which may
be considered as a reply to the articles of the Minis-
terial press on the subject of England, an expression
of the desire of the party of which M. TRIERS is the
head to renew the English alliance. The following
is the article to which we refer :
" We have not for several days entered into the dis-
cussion on the new position in which France is placed.
Her situation indeed is a very lamentable one. It pre-
sents to our contemplation none but disastrous conse-
quences. To add to the too real evil, it remains for the
press only to make bitter reflections, and for these we
have little taste. We shall find time to pass judgment
upon what has been accomplished. We have, besides,
considered that before entfring upon a too easy polemic,
a duty was imposed upon us, and that duty we have ful-
filled. When at the moment of the annexation of Cracow,
made in odious abuse of power, and threatening the
independence of Europe, we found that England
and France was divided, we performed our part of
good citizens by recalling to the two countries the high
and permanent reasons they had for
,renewing their
concord. We persist in thinking that, in the present
state of the world, an accordance between France and
England is the most powerful guarantee for peace and
liberty. We believe that in England, as in France, the
great maj
ority of the men who turn their minds to poli-
tics are, in the bottom of their hearts, of our opinion on
this point. We judge so even by the manifesta-
tions of the English press, although in its
vivacity and vehemence it does not always, as it
seems to us, represent exactly the opinion of the
country. It is against our Government that exclaim
all the most resolute adversaries of all common protest
and of all immediate re-establishment of the good under-
standing, but all at the same time express an appa-
rently honest and sincere sympathy towards the French
nation. There are in the general policy of Europe
but two great questions only to which all others are
subordinate—the progress of moderate liberty, and the
uncertain existence of the Ottoman Empire. Which
will gain the day—absolutism or liberal rule ? To
which shall belong the empire of Constantinople if it
should fall ? All the affairs of Europe are resolved into
these two problems, as debated between ideas and am-
bitions. Will Switzerland, will Italy enfranchise them-
selves ? Will Prussia at last keep the promise which
she has so long ago gave, and enter gradually within
the pale of constitutional governments ? Who will be
master of the mouths of the Danube and the Straits of
the Dardanelles 1 These are the essential points to be
settled—sooner or later—between the nations of Europe;
and in all these points the interests of France and Eng-
land are confounded. All England comprehends this."
That a revival, or rather a continuation, of the al-
liance between the two nations (for as far as the na-
tions are concerned the alliance has never been inter-
rupted), is ardently desired by the great majority of
both is not to to be doubted ; but most assuredly it is
not to be desired that such an entente cordiale as that
with the phantom of which M. GuizoT bamboozled
poor Lord ABERDEEN should be again renewed.
Over and over again we have had loud assurances
from Lord ABERDEEN that France, in attacking Mo-
rocco, in extending her conquests in Algiers, in inter-
fering in Spain, sought not the exclusive aggrandise-
ment of her own interests; over and over again has
Lord ABERDEEN expressed his faith in the
disinterestedness of the love of peace pro-
fessed by Louis PIIILIPPE and his Minister,
and in the honour and trustworthiness of both M.
GuizoT and his master; and Lord ABERDEEN be-
lieved the professions of M. GuizoT and Louis Pm-
LIPPE ; and on the authority of Lord ABERDEEN, the
people of England believed them too, and stigmatised
those who ventured to hint a doubt as to the sincerity
of the man of Ghent as "firebrands"—" stirrers up of
strife"—" the war party ;" yet these " firebrands "
were right; Louis PHILIPPE and M. GUIZOT were
during the whole of this time deceiving Lord ABER-
DEEN by a wholesale system of "enormous lying "
unparalleled in the history of diplomatic mendacity.
They now avow that during the whole period of the en-
tente cordiale they never allowed their own free right of
action to be restrained by this alliance; that during
the whole time M. GUIZOT has been in power he has
been working to obtain for France an ascendancy in
the Mediterranean, to the exclusion, if possible, of
England, and that the Spanish marriage is the
crowning act of this great system. Such are the
statements made by the Journal des Debuts, in reply
to the accusations of the Opposition papers, that he
has sacrificed the English alliance to an interest
merely personal and dynastic.
The Siecle has the following, which may be con-
sidered as the programme of the accusations which
M. GUIZOT will have to answer when he meets the
Chambers :

" Let us," says that paper, " enumerate M. Guizot's
diplomatic conquests ; let us see how we stand with
Europe, beginning with our allies. A few days since it
was said, Spain is for us,' but for whom will she be to-
morrow? On all sides we have rumours of a civil war.
The British Government must revenge itself, and pro-
bably it will as soon prefer taking its revenge in Spain
as anywhare else. How do we stand with England her-
self? So far from being willing to protest jointly with us
against the incorporation of Cracow with the Austrian
monarchy, the Whig Cabinet has accused us of having
secretly acquiesced in the measure. The Journal des
Debuts admits that the accusation has been made against
us, and the Presse does not hesitate to say that Lord Pal-
merston is the author of the charge. His Lordship finds
it quite natural, that having been iniquitous ourselves
in Spain, we should elsewhere he the accomplices of the
iniquity of others.' To this point has come the entente
cordiale which M. Guiaot congratulated himself on hav-
ing restored at the price of such painful sacrifices. The
ends he sought for in Switzerland are well known ; and
assuredly it is no fault of his if that country is not
now wholly in the hands of the Jesuits and Austria.
In Germany, the last act of the Northern Powers
shows us clearly what sense was to be attached to
M. Guizot's return into the European concert. He
has now so other option than that of choosing to be
reproached with being their dupe or with being their
accomplice. This is a sad alternative ; but he
must submit to it. We need not say that he has lest all
influence in Italy, where (as in Switzerland) he has been
wholly devoted to Austria. who has not left him long
without proof of her gratitude. At home a partial
scarcity of grain, which might have been foreseen, pro-
duces disturbances that might have been prevented.
Our expenses increase without end, without reason, and
without bounds ; our resources are mortgaged for the
next ten years ; the Legitimatist party again rears its
head ; the Radical party says to the ultra-democrats,
The day is near at hand, be up and stirring!' Thus
the Minister of the reign, it is evident, has not given the
lie to his appellation of Conservative."
The Journal des Debats has a long article in favour
of free trade. It says—

" Liberty of commerce must take its place by the side
of the other liberties, from which the men of the power-
ful and glorious generation, to which we owe everything,
never separated, and, like all public liberties, it will be
imperishable. For our parts we shall always support it
i
heartily, because it s for the Journal des Delicas a pro-
found conviction, already a thousand times expressed—
in a word, one of the most precious traditions be-
queathed to us by the two eminent men who founded
this journal half a century ago. But we shall never for-
get that this cause requires to be served with the mo-
deration always necessary in the affairs of great states,
and with that spirit of conciliation which we always
endeavour to adhere to."

The Funds opened on the Paris Bourse on Wed-
nesday with much firmness. The interviews of the
Count DE MONTEMOLIN with Lord PALMERSTON,
having occasioned observation, and large sales of
stock and shares having been made, a very consider-
able reaction took place. The Three per Cents. fell
30c from the highest point. Northern shares, which
had reached 640, fell to 632.
The Three per Cents. closed on the Paris Bourse on Wednes-
day at 811. 80c. ; the Five per Cents., 117 f. 65c.; the Orleans
Railroad Shares, 1,230 f. ; Rouen, 865 f. ; Havre, 633 f 75c. ;
Great Northern, 632 f. ' 50c ; Avignon, 8671. 50c. ; Vierzon,
575 f. • Bordeaux, 547 f. 50. c.; Boulogne, 432 f. 50c. ; Ba'se'
2181. 75c. ; Dieppe, 352 f. 50c. ; Paris and Strasburg, 478 E
75c.; Tours and Nantes, 487 f. 50c. •, Paris and Lyons, 500 f.;
Lyons and Avignon, 48er. ; Bordeaux and Cette, 475 f. ;
Belgian Two-and-a-Half per Cents., 54k; Spanish Three
per Cents., 37i ; Ditto Domestic Debt, 33.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, DECEMBER 3.
Boulogne and Amiens, 133%—Dutch Rhenish, 514—Namur
and Liege, 3%, Northern of France Constituted, 10%—
Orleans and Vierzon, 121/.j—Orleans and Bordeaux, 7'34—
Paris and Lyons Constituted. s—Paris and Strasbourg Con-
stituted, 4141—Sambre and Meuse, 4%.

The new Duchess de Montpensier has appeared at
the Academie Royale and the Italian Opera. She was
" the observed of all observers;" and it is but justice to
say that her grace, bety-cy, and, above all, her extreme
youth, pleased every one. If report be true, she is a
very lively young lady—rather too much so, indeed, for
the staid prudery of the Tuileries. Some of her sallies
are said to have been sharply reproved by the Queen,
who is solemnly rigid; and her escapades are represented
to have displeased the prim princesses of the royal
palace. It is even said that her first interview with the
royal family was marked by a piece of indecorousness—
in embracing the
King she accidentally deranged the
royal wig, which is somewhat of the largest and curliest
and instead of making an excuse or saying nothing, she
had the irreverence to burst into a hearty fit of laughter'.
—Paris Correspondent of Me Brighton Gazate.
The Bestwall and SrNinelaam estates of 296 acres,
close to the town of Wareham, were yesterday sold by
Mr. Robins, at the Auction Mart, to the Earl of Eldon,
for 12.700 guineas. These estates were for many years
possessed by the late Sir Claude Scott, Bart. Two
renters's hares in Drury-lane Theatre were also sold,
producing 66 guineas each.

MONEY and COMMERCIAL NEWS.
(From The Sun of last Night.)
The Cotton market at Liverpool yesterday was again
very firm. Sales, 12,000 bales, of which 8,000 were to
the trade, the rest being on speculation. American,
sd. to 7d.; Maranham, etd. to 61-,d.; Egyptian, 74d. to
Bd.; and Surat, 4d. to 40. per pound.—The Share
market has been quiet, hut in most cases was steady.
It is not an unimportant fact to notice that the ac-
counts from the country grain markets are almost
unanimous in stating, the supplies were coming in most
abundantly. Hence the probabilities that present prices
cannot be maintained. In " ship" that has been sent
to us, we find the following remarks upon this subject ;
it is from the pen of s competent authority, and
worth quoting in all the journals of the
country, particularly those published in the
manufacturing districts, so that the " famine cry" set
up a short time since by interested parties may be dis-
sipated. It is correctly remarked thus
Our readers will see that the view we have, for
some time past, taken of the state and prospects
of the Corn Market is in course of being fully
confirmed. Prices are decidedly, although slowly,
declining, and a more considerable fall would ere
this nave taken place, had it not been partially
counteracted by interested parties keeping back
supplies, and encouraging their country friends to
hold on for still higher prices than those now current.
Meanwhile we are receiving continued and large
supplies of all kinds of foreign grain, maize, and
flour ; and as duty is paid immediately on impor-
tation, it is to be presumed that the whole is going
into consumption, in preference to home-grown
corn. Supposing theti, that the last crop was
deficiEnt to the extent of one month's consump-
tion, we may consider that the quantity already
received and delivered, has more than made up for that
deficiency, and that the quantities shipped, and on the
way to this country, added to those which are in course
of shipment, will not only secure us against bigh rates,
but reduce prices to a moderate rate during the whole
of the next year."
There have not been any late colonial arrivals an-
nounced this morning.
The Funds are scarcely so firm as they left off yester-
day afternoon. Consols for the Account, have just
been sold rather largely at 95k, and at 958 for trans-
fer. It is probable that money is rather more tight, but
then we find that Exchequer-bills have realised from
7s. to 10s. premium. The Reduced Three per Cents.
have receded from 94* to 938 ; and the Three-and-a-
quarter per Cents. from 96 to 958. India Bonds are
flat r.t 17s. premium.
The market for the Foreign funds is very tranquil to-
day. The only fresh prices given are for Granada bonds,
19k, for Mexican Five per Cents. 24 I, for Portuguese
Four per Cents. 39k, for Spanish 264, and for the Three
per Cents. 371
A steady demand for Shares exists. The corrected
prices Oren this morning are annexed.

ONE
PRICES OF BRITISH FUNDS. O'CLOCK.
Bank Stock 2061A
3 per Cent. Reduced Anns 941% 93%
3 per Cent. Consols Annuities 9514%
3 per Cent. Annuities, 1726
New 314 per Cent. Annuities 96 95%
Long Annuities to expire Jan.lB6o 9 15-16
India Bonds, 1,0001
Ditto under 1,0001. . ... 17 p
South Sea Stock
Ditto Old Annuities
Consols for Opening, Jan. 15 95%1,4
Exchequer Bills, 10001. I%d. ... 710— p
Ditto, 500/
Ditto, Small
ONE
PRICES OF FOREIGN _FUNDS. O'CLOCK
Granada Bonds, 1 per Cent. 191,&
Ditto, Deferred
Mexican, 5 per Cent. 1846 22%1/,i
Portuguese Bonds, 4 per Cent
Account 39%
Spanish 5 per Cent. 1840.
Ditto. Account 2614,

CLOSING
PRICES.

20612

931/2
95 i/2
10 p
10 p
10 p
cLosrN6
inucEs
191/
3%
2214

Ditto, Passive
Ditto 3 per Cent.
Ditto, Account 37.5A31A
Dividends on the above payable in London.

9514
941/1

9 15-16

17 p

Dutch, VA per Cent .
Ditto. 4 par Cent. Certificates

38g

26
5%
37%

921/8
PRICES or BUSINESS DONE CLOSING
GAILW AY SHARES PAID' AT ONE O'CLOCK. PRICES.

Aberdeen
Amber., Nott., Boston,
and Eastern Junction 2%.....
Armagh, Coleraine, and

r..„
Portrush l% --
Belfast & County Down 43/ —
Birmingham and Dudley 4%. ... .. 614 1/4 p. ...
Birmin. and Gltucester..loo 129 1281/2
Ditto New 17% 3ll/2
Birmingham and 0.-
ford Junction
Birkenhead, Lancashire, _

6% P
128 t/2
311/2
9%

and Cheshire Junc.... 23/4
Boston, Stamtd, & Birm. 225.
Bristol and Exeter 75
Ditto, New
Bristol and Gloucester... 30
Bristol and Liver. June.. 21A ......
Buckinghamshire
Caledonian
Ditto Half Shares...... 21/
Cambrian & Grand Jane 42s
Chester and Holyhead... 271 is 25 ...
CLlurnet and Blyttr. 2
Chester and Manchester 425.
Cheltexham and Oxford 2
Clyclesd al e unction.. ... 20
Cork, Blackrock, and
Passages
Cork and Killarney ... 2%
Cork and Waterford ... 1% —
Cornwall
Ditto, Half Shares ... 214
Cornwall & Cent'l Devon 2%
Direct Lincoln, East Bet- __ .

23.5/
21/t

25
1%

ford, and Sheffd. June. 2%
Direct Northern
Direct Norwich
Dublin and Belfast June. 12
Dublin, Belfast, and
Coleraine
Dublha and Galway..... 4
Dundalk & Enniskillen 10
Eastern Counties 14/. 165....... 231 A 2276
Ditto New
Ditto Perpetual, 5 par
Cent, No. 1. 61.135. 4d 3/43/ p l/4 p
Ditto ditto. No. 2... 61. 13s. 4d...
Do., York Extension.. 2 ...... 3%34 33/4
EastDereli'm andNor'ch 1
N,astern Union
Ditto, Quarter Shares 83/4 —
Do. Exten.(Harwich) 17/8 — ......... .....
Do., Camb. and Ely.. 2% 2%
East Lancashire
Ditto. New
Do., do. (late Preston
and Ormskirk)...
East Lincolnshire ...... 114...... 21/s 2 21
East & West of England 1%......
Edinburgh and Glasgow 50 ...... ......... ...
Ditto Half Shares ~. 10
Ditto, Quarter Shares 121/4 ......
Edinburgh &Northern.. 12% — .. •••
Edinburgh and Perth... 3
Ely and Huntingdon ... 121/4
Enniskillen and Sligo ... 2% —
E xeter, Yeovil, &Dorset 51/i —
Glasgow, Kaman, & Ayr 50
Ditto, New
Do., 14 Shares (5 per
cent. guar.)
Glouc.,Aberystwith, and
Central of Wales 1%...... .•
Goole, Doncaster, &c... 425.
Grand Union (Notting-
and Lynn l% — .. ...... .....
Great Eastern &Western 2 1/2...
GreatGrimsby and Shef-
field
Great South. and West.
(Ireland)
Great Munster ... 21/2 ......
Great North of Scotland 21/4......
Great North of England..loo .234
Ditto New 5 —
Ditto, New .
Ditto, New
Great Western B 5
Ditto lA Shares .. 50
' Ditto 14 Shares
Ditto Fifths
Ditto, New .
Huddersfield & Manchee. 13 ...... • ...... ••• ••

Dzi

_
A P

18 1/2
31
VA
17 :3,i

Ditto, Extension 3
Hull and. Selby
Ditto 1,4 Shares
Do. Half Shares 25
Ipswich & Bury St. Edm. 111,E 12%
Do., do., and Norwich 2% 23/4%% .........
Lancaster and Carlisle... 50
Do. New
Leeds and Bradford
Leeds and Carlisle
Leicester & Birmingham 225. — ••• ......•"••
Leicester and Bedford 225.......
Leeds, Dewsbury, &c.... 22% ......
Do., Branch (Blue) ... 214 ...... • ........••"'
Do. Extension( Grreen) 21/2•• ••• •
•
Leeds and Thirsk 17%•..... 1614 4 •16

12%
2%
68

753/4

-
331/2

16
5%

Ditto, New
Lpool., Mnchstr & New
castle Junction ...... 2%
Liverpool and Bury ... 24
L ndon and Blackwall. 16/. 135.4 d.
Do. New ............... 3 ......
.......
Ditto Extension ...... 7
Lmdon, Brighton, and
South Coast 5O .. 59
Ditto, Fifths
Do. GUAratlt. 5 per ct 9
••• •• •• • ••
London and Greenwich 12/ 15s 4d 9 ...... .• •
Do. Preference ...18/17s 2d ....
London, Hounslow, and

58%

li4
21

Western - •••••• I•• ......
London and N. Westernloo 193 195 195
Do. Quarters
Do., do., New Shares.. 2
Ditto Fifths.
Ditto, Eighths (G. J.) 12% —
Do.. Nei. 1,,i Shares
i (G. J.)
Do 40/.Shares(L. M.) 8
Lond. & S.Western 411 6s 10d 631/2 x n 63l4xn
Do. New Consol. Bths 40 ...... 49
Do. N env
.. 14.. .. .
527% x n 273/4 xn
Do. New
Ditto Tenths . ..
Ditto Tenths ... ..... 4
Ditto Guaranteed •
5
Ditto ditto ...... . .... 4
L ,ndon and York 214 ..
•••
Do. Extension
London and Windsor . 1A....
--......... ~..•
London, Salisbury, and
Yeovil ..... ..,. ........ 21,4 —
Londonderry&Coleraine 15 ......
Londonderry and Ennis-
kdlen
Lynn and Ely .....«..... 15
Lynn and Dereham :5 —
Manchester and Leeds... 82
Ditto 14 Shares
Do. quarters

_
isx,

16%

49%
614

6YI•
41Fkt,
loza
jiAW4 at,:411111111110 ,
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