The Sun.
London, England, 1848-12-21 00:00:00

PRUSSIA.

Accounts have been received from Berlin to the
18th. The city was not only tranquil but gay.
The Christmas fair had commenced, and notwith-
standing the state of siege, Berlin is described as
being one large casino or puppet-slow, where every
person gives himself up to enjoyment.
The Burgher Guard Congress at Breslau has been
opened. The Congress appointed a president, secre-
taries, &c., and occupied their first sitting, which was
conducted with perfect order, in regulating the most
important subjects to be submitted for discussion.
Among them is the Burgher Guard law, recently
enacted by the ex-National Assembly.
The New Rhenische Zeitung, of the 19th, states, in
a correspondence from Dusseldorf, that Lieutenant-
General DRIGALSKI, the military commandant, who
had—strange to say—revived the censorship in that
town, after it had been abolished not only by the
National Assembly in Frankfort, but also by the new
Constitution promulgated by the King of PRUSSIA,
has been suspended by the Ministry. The same
journal also declares that Herr SPIEGEL, the Presi-
dent of the Provisional Government, has been dis-
missed. If these steps be really taken, it will show
that Ministers at last are resolved not to allow their
subordinates to set all law at defiance. Certain it is
thit DRIGALSKI has been obliged, or has thought
proper, to remove the censorship imposed on the Dus-
seldorf j.,urnals, a proclamation to that effect having
appeared in that town.

IMPORTANT FROM THE
UNITED STATES.

THE PRESIDENT'S MESSAGE
ARRIVAL OF THE CAMI3RIA.
(BY ELECTRIC TELEGRAPH).

LIVERPOOL, DEC. 20.

The British North American Royal Mail steam-
ship Cambria, Captain Shannon, which sailed from
New York on the Gth inst., has just arrived. She
brings the usual mails from Canada and the United
States.

Our files of papers by this arrival are as follows:
New York, Dec. 6 ; Boston, Philadelphia, and
Washington, Dec. 5 ; Charleston, Mobile, and New
Orleans, Dec. 2; Montreal, and Quebec, Dec. 1 ;
Halifax, Dec. 9.
The intelligence by this arrival is, as regards the
political portion of it, more than usually interesting,
including as it does the annual Message of the Presi-
dent to the Congress of the United States, which met
for the dispatch of business at Washington, on Mon-
day, the 4th instant. The comment is, as usual, of a
lengthy character, so that we can, at present, only
subjoin the following :

SYNOPSIS OF THE MESSAGE.
The President's Message i 3 one of the most
lengthy documents that has been presented to Con-
gress for a long time. It commences with congra-
tulating the country upon our friendly and pacific
relations with all nations.
Treaties of commerce have been concluded with
New Grenada, Peru, the Two Sicilies, Bergium,
Hanover, Oldenburg, and Mecklenburg-Schwerin.
The establishment of a Republic in France, and
the effort to unite the Ger.nan States, are hailed as
auspicious events.

Friendly relations are established with Mexico,
and the favourable condition of our foreign affairs
renders it necessary to call at,ention more especially
thereto.

The President recommends mineral lands to be
sold in New Mexico in small quantitie3.
The President is so far from entertaining appre-
hensions of the safety of our system by the exten-
sion of territory, that the belief is confidently enter-
tained that each new State gives strength and an
additional guarantee for the preservation of the union
itself.

The President recommends a liquidation of Ameri.
can claims.

The Secretary of the Treasury, he says, will pre-
sent, in his annual report, a highly satisfactory
statement of the condition of the finance.

The imports of the fiscal year, ending on the 30th
June last, were of the value of 150,977,876 dolls., of
which the amount exported were 21,128,010 dolls.,
leaving 133,849,866 dolls. in the country for domestic
the.

The value of the exports for the same period was
154,032,131 dolls., consisting of domestic productions,
amounting to 132,904,121 dolls., and 21,128,010 dulls.
of foreign articles.

The receipts into the Treasury for the same
period, exclusive of loans, amounted to 35,436,750
dolls. 59 cents., of which there was derived from
customs, 31,759,070 dolls. and 90 cents. ; from sales
of public lands, 3,328,642 dolls. and 56 cents. ; and
from miscellanies and incidental sources, 35,037 dolls.
and 7 cents.

Referring to the gold mines of California, the
President recommends that the present session of
Congress pass a Bill for the establishment of a
branch mint.

The operations of the Tariff Act of 1846 have been
such during the past year as fully to meet the public
expectations, and to confirm the opinion heretofore
expressed of the wisdom of the change in our revenue
system which was effected by it.
The contracts for the transportation of the mail in
the steam-ships, convertable into war steamers, pro•
mice to realise on our commerce and to the navy all
that mere anticipated.
It is gratifying to find the revenue of that depart-
ment under the rates of postage, now established by
law, so rapidly increasing. The gross amount of
postage during the last fiscal year is 4,371,000 dollars,
exceeding the annual average received for the nine
years immediately preceding the passing of the Act
of the 3d of March, 1845, by the sum of 6,400 dolls. ;
and exceeding the amount received for the year end-
ing the 30th of June, 1847, by the sum of 425;154
dollars.

The Message opposes the Bill of the United States
at great length, and also the internal improve-
ment. It advises the veto power, and says the
example of four of his predecessors warrants him in
the exercise of the power in the fullest manner.
The power, he says, has never been abused, and
there is little danger that it ever can be abused.

The United States, steamer, left before the
Cambria, for Havre, taking 120,000 dollars in specie.
The New York Money Market was easy. The
Secretary of the Treasury gives notice that he is
ready to redeem Treasury Notes at maturity. Ex.
change on London, 108 to 1084 ; on Paris, 5 20,
business small ; on Hamburgh, 354 to 35i ; on
Bremen, 78 to 784.
Cotton inactive ; Flour dull—prices in favour of the
buyer.

LEAMINGTON LICENSED VICTUALLERS' ASSOCIA
TION.—LEAMINGTON, WEDNESDAY, DEC. 20.—The
third anniversary of this association was held at the
Bowling Green Inn, Leamington, yesterday afternoon ;
Mr. G. Smith, the President of the society, occupied the
chair ; and Mr. John Howard Gibbons, of Birmingham,
Vice-Chairman of the Licensed Victuallers' Protection
Society of that town, acted as vice-president on this oc-
casion. The attendance was extremely good, and, be-
sides members of the trade, many highly-respectable
gentlemen connected with other professions honoured
the company with their presence. The usual loyal and
local toasts were proposed, and responded to with en-
thusiasm. Altogether the proceedings of the evening
were of a very gratifying character.
A FREAK OF FORTUNB.—Some two years ago an
exiled Pole arrived at Watertown, U. S., friendless and
destitute. He obtained employment at his trade as a
dyer, and married a poor orphan girl, who, like himself,
possessed none of this worl'l's riches. The couple were
agreeably surprised, a few days ago, by intelligence from
New York that a fortune of two hundred and fifty
thousand dollars awaited the orders 'of the poor Pole
and his brother, the latter residing in England. An
uncle has died in the East Indies, bequeathing to the
two brothers this handsome fortune, every dollar of
which has been remitted to New York.—New Haven Pall

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were esti-
mated at 7,000 bolts, 2.000 of which were taken on
speculation. They consisted of about 5,000 bales
Amerioan, 1,200 bales Pernambuco, at 41d to sid ;
100 ba'es Bahir, at 4i-d to 5d ; 500 bales
Egyptian, at 51t1 to 61d ; and 500 bales Surat, at lid
to 311 The market closed firmly, but with less ani-
inated buying, prices of all kinds being higher. The
Share Market was not quite so good.
At toe meeting at the India House yesterday, the impor-
tant question of Indian railways was got rid of by a
" side wind," which, as Mr. Sergeant Gazeloe very
fairly remarked, was of doubtful legality. The posai°n
of the East India Company towards the companies that
have been formed for the purpose of affording to our
Eastern possessions the inestimable advantages of
railway communication, is at present ttoPitselhinif
but satisfactory. The Honourable Company
appears scarcely to have arrived at a C,_°:l3l,
elusion as to the amount of support which
it can sr.•.fely afford, and is far more occupied with the
consideration of costly Punjaub acquisitions, which mei
truly have become a necessity, but are scarcely more so
than a system of railways. The ability of India to sur
port the taxation annually imposed on it must obviously
diminish if the price of its staples declines in the Euro:
pean markets, while the processes of agriculture and
transport remain as expensive as of old.
The continental news to hand is considered
favour-
able as regards France, and the installation of Louis
li
Bonaparte has been wisely completed to silence opPosi"
con-
on, supposing it probable tat an attempt was
templated. There is no chonfirmaty ion of the Italie°
news, so far as the alleged marching of the Austrian
towards Rome, but this was not believed yester'
day. The German advices are indefinite, and there is
increased doubts as to the duration of German unit Yd►
the many conflicting interests of the different States and
Princes seeming to offer insurmountable obstacles.
The duty upon Foreign Wheat is now seven shillings
per quarter.

. .
The intelligence received frcm the United States Per
Cambria is interesting almost exclusively from the feet
of its including the President's Message. The deal'
went appears to afford satisfaction, and gives decided evi-
dence of the growing resources of the country. The
exchange on London and the general condition of the
money market in Aria ha underone no particuler
change. The great subject of d interestg for our mercantile
interests will be the tariff, and any probable change that
may be made therein. Upon this point the editor
of the New York Herald writes as follows:
" We have various important interests which are Yet
in their infancy, and are struggling against the enormous
capitals and the long experience of foreigners, and it js
necessary that proper discriminations should be madeWr in the tariff for the protection of these interests. "3-
judicious alterations in the present Act, all these
points would be covered, and the necessity of the Pits"
sage of a new law removed. We have seen in
that
the time the Act of 1846 has been in operation, tee
the revenue has been too large, having annually e%
ceeded the ordinary expenditures of the Government
several millions of dollars ; that it has promoted eueev
sive importations, and has indebted us largely t°
foreign nations, even in the face of enormous exportt
and ,these are evils which we certainly do not cris.P,
continued. It would be much better for all classes; 1`
the revenue fell short of the expenditures, and the del
ciency was made up by an issue of treasury notes ; an
it would be good policy to make such alterations in oar
commercial systems as would bring about such a de5.1,,,,
able result. The lower the average rate of duty ''.`"
larger the importations must be to give a certain
revenue ; and the larger they will be, as foreign Oft'
lecturers can flood our markets with their fabric"'
which we are compelled to pay for in our own products;
or in gold and silver. Excessive importations derange
the currency, create over-trading, and all those disaster,
~
which follow speculation, and it should be our policy of
restrict rather than to encourage them by Special Acts°
Congress."
A recovery upon yesterday's fall in Consols has 2C:
curred this morning. The decline in the quotations !'";
brought forward speculative buyers again, who, havitit
" beared," made a good profit, and now turn their 0e
counts. Indeed, from the fact of the transfer books being
closed, the market may be said to be wholly under the ill'
licence of time bargainers. Consols rallied yeetertig
afternoon, and this morning opened at 87i to 88, barbs
since been done at 88k *, and being now 88i to i• ;to
Reduced Three per Cents. Annuities have been 8784.
_na
88,i, and the New Three-and-a-Quarter per Cents. a
to 88i. Exchequer-bills have realised 41s to 445, ''
India Bonds 36s to 39s premium. t
The most remarkable movement in the Foreign Mark a
is in Peruvian Stock, which has touched 43/ to 44i, u,°.
since the commencement of business has been done ati'',!:
There is a " rig" in this security against which the poi'.
lie should be on their guard, and if the envoy from a'
Republic has proposals, why are they not at once eta;
nnunced? Surely, he has been long enough in England'
six or seven we( ks, we believe, to have recovered yhe
r:
fatigues of his voyage, and to apply himself w_
business, or does he wish to favour the gambling of
.11
parcel of speculators who have an idea, or pretend to.
nave, of his plan. The committee of bondholders ought
to have been informed of all a month since. Mexican
Bonds have touched 22'1. Grenada are 12i. Dutch
Two and-a-Half per Cents. have been 49. Spanish Three
per Cents. realize 26i j.
Railway Shares have recovered a portion of the
buoyancy which they lost yesterday, and prices 00
higher generally. The business doing is less extensive'
BRITISH FUNDS THIS DAY AT ONE O'CLOCK-
(From the Official List.)
3 per Cent. Reduced Annuities 873% 88%
New 314 per Cent. Anns BBVA %IA
Long Annuities, Exp. Jan. sth, 1860 B%
India Stock —
Do. Bonds, 1000/ 39 37 p
Ditto under 1.0001
Consols for Account . BB 87% BS% A '
?..xchequer Bills. 2%d. 2cl•
March. June.
1,0001.
500/
Small 4l 44 p 39 42 p
1:IcE OF FOREIGN FUNDS AT ONE O'CLOCg•
Darilsh Bonds 1825, 3 per Cent.... 67
Grenada, 1 per Cent. . . 12%
llexlcan Bon,ls, 1846, 5 per Cent...... 22:-N
Peruvian Bonds, 6 per Cent... 44 43% 45 44's 47
Ditto for the Account 44 47 48
Spanish Bonds, 3 per Cent 26%
Ditto for the Account
Venezuela Bonds ..
Dividends on the above payable in London.
Dutch 2% per Cent.,l2 Guild 49
t • - i N LSS DON r; IN RAILWAY SIIARES AT ONE O'COCIC
RAILWAYS. PAID. Pca SeAls.
Ma:l-aeon -
A. mkr., Notting., Boston, &c 4% 1,4 -
kyr,hire and Galloway -
Belfast and County Down .. 19 .. .. -
i_lirningnam & Oxford Junct.,
calls duly pd, or with guar. 20 -
Do., without a guarantee... 20 ... -
..:irtninghain,Wol.,& Dudley,
calls duly pd, or with guar. 10 ... . -
Do., without a guarantee... 10 -
!irken head, Lancashire, and
Cheshire Junction lO -
!3oston, Stamf., & Birming... 5 -
'lristol and Exeter
Do., Thirds -
Buckinghamshire l4l. 4s 3 dis.... to ---
Calcdoniri -
Ditto, Half Shares -
Ditto, New 101. Preference 7% 73/4 %... to --
Ditto, Clydesdale Junction 50 -
;pester and Holyhead... 5O .... 201/4 to
Ditto, Preference -
larence. -
Do., Ist Class, 6 per Cent... 10 -
Do., 2d Class, 5 per Cent... 10 -
Do., Gov. Loan, 4 per Cent. 10 -
Direct London & Portsmouth 514 — -
Dublin and Belfast Junction.. 35 -
Dundalk and Enniskillen ... 20 -
East Anglia, 25/. L. & E.,
aad L. & D.
Ditto, 18!., E. &II
Ditto, 31. 10s., E. & H... 3% 3 -
K astern Counties .... 2O -
Do. New G'uarant. 6 per Ct. 10 -
Do. Perpet., 5 per ct. No. 1,6/. 13s. 4d... -
Do., do N 0.2,6/. 13s. 4d... -
Do., Northern & Eastern... 50 -
Do., 5 per cent. ... 50 -
Do., Quarter 12% .. -
Do., New -
Eastern Union, Class A (late
E. U. Shares) ..... ...... 25 -
Ditto, ditto, Class A, ditto 1 -
Ditto, do, Class B (I. & B) 20 -
Ditto, do, Class C, ditto... 20 -
Ditto Scrip (gua. 6 per ct.) 10 . — -
Ditto, ditto ......... ...-.... 20 ...... -
Ditto (C. & E.), 5 per ct. 2% —
East Lancashire -
Ditto, New .. ........... ...• • 21 - to ---
Do., New Quarters -
Do., 6 per Cent. Preference _

_ .
Quarter Shares sq.-- 6341/... to ---
East Lincolnshire 25 ...... 26% to
Edinburgh and Glasgow 5O -
Ditto, Half Shares
Edinburgh and Northern ... 25 -
Ditto, New port l5
Exeter, Yeovil, & Dorchester 2% — ..... to ---
Glasg., Dumfries, & Carlisle-8/. 6s.Bd — ..... to
Glasgow, Kilmarnock, & Ayr 50 -
Do.Prefercnce Consolidated .....
Great Northern ... 19
Do. 1/2 A Deferred ...... ... 12% 49i %... to --
Do. IA B 6 per Cent. Guar. 6% 4IA to --
Do. Extension ..
Gt. South. & West. (Ireland) 421 -
Great North of England 100 -
Ditto, Nt w 40/ 4O -
Ditto, ditto
Ditto, New 301 3O ... ..
Ditto, New 15/...... ... ...... 14 ..-.. .
Great Western
..... to --
Ditto, Half Shares 5O -
Ditto, Quarter Shares 2l
Ditto, Fifths
Do. New 171 l3 .. .~
Huddersfield and Manchester 30 .. _. -
Ditto, Thirds lO -
Hull and Selby 5O -
Ditto, Half Shares .. ...... 25 ...... 49 -
Ditto, Quarter Shares 12% 21% to
Lancaster and Carlisle.... ... 50 -
Do., Thirds..• lO -
L ancashire and Yorkshire ... 93 -
Ditto, ditto -
Ditto Half Shares - 43 ...... -
Ditto Quarters
Ditto Fifths lO -
Ditto Sixteenths ... ..... ... 61,ri ...... -• • • to ---
Ditto Thirds (Reg.)
Do., New Guar. 6 per cent. 71A; — -
Do. Liverpool and Bury... 43
Do. (fludders. and Sheff.) 43 -

'EWS.

REE.

were esti-
taken on
00 bales
to 5d ;
)0 bales
it, at 20
less ant.
er. The

h, iropor-
of by
.lee very
position
mks that
ig to our
stages of
uu } itself
a COn.
which
(with the
Bich may
more so
la to sup-
obviously
,he Euro'
iture and

1 favour:
of Lou?
°Row
was con-
e Italian
Austrian
d fester•
1 there is
In unit)",
Mates and
les.

-shillings

States per
I the WI
'he doety
tided ert-
r y. The
on of tbe
• ulsr
ROM
lercantde
anti, that
e editor

s has
?se
itions
0, bovl4
their !le"
As beipg
er thegi°
rester4ai
8 baling
The
en 871
!eats. 881
445, an

n Merkel
44i, and
)ne at 40
the PO•
from the
once 110'
England'
rered the
mself to
ling Of II
.etend t°
ers ought
Mexicali
. Dutch
sh Three

n of the
Tices tiro
xtensivo•
LOCH•

is%
,5/A%

P
88%75
2d.
June.
3 42 P
9 42 p
9 42 p
;LOCg•

444 47
'43