The Sun.
London, England, 1846-03-17 00:00:00

Urinal 111 ,-)lttn
- 4

LONDON, TUESDAY, MARCH 17, 1846.

The LORD CHA,NCELIAR took his seat on the Woolsack at
Five o'clock.

Various petitions were presented, among others one by
Lord Bum:Glum, signed by 37,000 inhabitants of Cornwall,
and 15,000 of the inhabitants of Devon, in favour of the
Cornwall and Devon Central Railway, being the only peti-
tion in favour of a railway that he had over presented in
his life.

The Earl of CLARENDON gave notice that he should, to-
morrow, move for papers on the subject of the Oregon nego-
tiation; a►nd their Lordships adjourned.

The SPEAKER took the Chair at Four o'clock.
Mr. NxvILLE took the oaths and his seat for Windsor, and
Captain CARNEGIE for Stafford.

Several Railway Bills were read a second time and ordered
to be committed.

The order of the day for the second reading of the Great
North and South Wales Railway Bill was discharged upon
the motion of Mr. blooms, after a few observations from Sir
DE LACY EVANS.

Mr. F. FRENCH presented a petition from a clergyman of
the Irish Church, complaining of the course pursued by the
Bishop of Limerick in the distribution of livings in his
diocese.

Several petitions were presented for and against the Go-
vernment measures with respect to the corn-laws.
Lord GEORGE BENTINCE presented a petition from Cum-
berland, against any alteration in the eorn• laws. The Noble
Lord stated that the petition was signed by every one of the
tenants of the Laird of Netherby, with the exception of
one.

Sir ROBERT PEEL presented a petition from a vast
majority of commercial houses in the city of
London, connected with the India House, the
Bank of England, and the corn trade, praying the House to
relieve commercial stagnation, by coming to a speedy deter-
mination on the questions relative to the tariff.

Lord JOHN RUSSELL postponed his motion relative to the
state of Ireland till after Easter.

Mr. SMYTHE, the linder•Secretary of State for Foreign
Affairs, in answer to a question from Mr. MONCKTON
MILNES, said he had no objection to lay en the table of the
House a continuation of the papers respecting the operations
of the Consular Jurisdiction Act in the Levant.

Sir JAMES GRAHAM, in answer to a question from Captain
OsnousE, stated that it was his intention to propose the re-
newal of the Irish Arms Bill during the present session.
Sir R. PEEL, in answer to a question from Mr. SILtW, said
that it was his intention, as speedily as possible, to proceed
with the Life and Property (Ireland) Bill.
Mr. SMITH O'Bniim wished to know whether it was in-
tended by the Government to read the Fever (Ireland) Bill
a second time that night, because if it was, he trusted it
would not be read after twelve o'clock.

Sir JAMEIi GRAHAM said that Duch was his intention, and
he trusted that he should be permitted to do so even after
twelve o'clock.

Mr. P. SCROPE said that the people of Ireland wanted food
and not physic.
Sir JAMES GRAMA3I could assure the House that ample
measures had been taken to relieve the necessities of the
people of Ireland.
Mr. HuME said the people of Ireland wanted labour, by
which they might procure food, and did not desire to be made
a nation of paupers.
Sir J. GRAHAM said that it was the intention of the
Government to provide not only labour, but facilities fur
obtaining food at a cheap rate for the people of Ireland.
After some observations from Mr. WAKLEY and Captain
JONES,
Sir R. PEEL trusted that the House would not now be
led into a discussion on the subject at the present moment,
and thereby prevent them proceeding with the further con-
sideration of the tariff.

Mr SMITH O'BRu felt bound to assert that what the
Government had done and was doing would not relieve the
wants of the people of Ireland, and that he could consider no
subject so important and so well-deserving the consideration
of the House as the famine that was at present existing in
Ireland.

The subject then dropped.
Sir R. PEEL, in answer to a question from Lord George
Bentinck, said that since the repeal of the auction and glass
duties, although there had been a falling off in the Excise,
there had been an increase in the customs duties.
The House then resumed the further consideration of the
Report on the Customs' Resolutions (the Tariff.)
On the question of the reduction of the duties on hops,
Mr. PLUMPTRE thought that if any duty was taken off that
article it ought to be the Excise duty.
Sir R. PEEL could not consent to take off the Excise duty
on hops, or retain the high protective duty to which foreign
hops had hitherto been subjected.
After some discussion, the House divided, when there ap-
peared—for the Government proposition, 91; against it, 44.
Majority in favour of the reduction on hops proposed by
Ministers, 47.

Mr. REPTON objected to the Government proposition for
the reduction of the duty on straw plait, but would not divide
the House upon it.
Several other items were agreed to.
On the item for the reduction of the duty on silk being
proposed,
Mr. G. BANKES moved as an amendment, that the item
should be omitted.

After a lengthened discussion the House divided, when
there appeared for the amendment, 114; against it, 220;
majority for the Government proposition, 106.
It was then arranged that the Tariff should be proceeded
with to-night.
Several Bills were then forwarded a stage.
After a conversation, in which Mr. WAKLEY, Sir JAMES
GRAHAM, Mr. S. CRAWrORD, and Lord J. liussELL took
part, the Fever Hospital (Ireland) Bill was read a second
time, and ordered to be committed to-night.
The other orders of the day were then disposed of, and the
House adjourned at Twenty Minutes past One o'clock.

It will be seen by our Parliamentary report of last night
that Sir RonEtrr PEEL presented from the great mercantile
bodies of the city of London a most influential petition,
approving of the Ministerial proposition for the enlargement
of our commerce, and praying that the House would lose no
time in giving effect to it, since, pending their delibera-
tions, the free action of trade was seriously affected. It will
also be observed that immediately after Sir ROBERT PEEL
had resumed his seat Lord Joins RUSSELL postponed his
motion with respect to the state of Ireland until after
Easter. Of the propriety of the course thus pursued by
Lord Joust no doubt can be entertained ; it involves more-
over a just compliment towards his constituents of this
great metropolis, where the impolicy and evil effects of pro-
crastination are asssuredly more keenly felt, and justly rea-
soned upon, than in any other part of our empire.
No debate can take place upon Irish affairs, particularly
when heralded in under the auspices of so distinguished a
man as the leader of the Opposition, and particularly under
the unfortunate circumstances by which that country is at
present so grievously visited, without being suffered to run
to as inordinate length. Neither can a man of such pa-
triotic views as Lord Joust be insensible to the serious res-
ponsibility that would be incurred by offering any impedi-
ment in the way of the progression of such measures as the
Ministry consider to be imperiously called for to alleviate
the sufferings of the Irish.
This is the first step to be taken, and, doubtless, influ-
enced by this impression Lori Joust has done well in
delaying the bringing on of his motion till the
time he has appointed, while disease and famine
.
are stalking through 'the landbywitthh giant strides,
ldeenoefecithe House, the papers re-
as
tl
y too
laid painfully
up outb
the
teavbi
I cen
firming the threatening ravages predicted by unhappily
Ry eon•-
PEEL at the opening of the session. Anxious as Lord°7l":
RUSSELL may be to enlighten Parliament with respect tooX
.
views his own mind has eamnbdrapcoeldititcoaulc, touching
no ocnoen di ts
bioent t
eoerf
undertake so vast a subject, his sense of public
qualified Ireland,
to u n physical,de r
duty urges him to strengthen, and not to divert the ann of
the Government, stretched out to mitigate, as far as human
foresight can accomplish, the heavy afflictions im-
pending over millions of our fellow-countrymen. Again,
by the postponement alluded to, it may be taken as
conceded, that, in regard to prompt remedies for pressing
grievances, Lord Joust considers the Administration entitled
to approval ; still, every one acquainted with the political
career of Lord Joust ItessittiL, and mindful of the great
efforts he has made at every period of his life for the redemp-
tion of Ireland, and to which he has resorted under circum-
stances of such adverse combinations of public men, sufficient

to have deterred any but the strongest mind, will rejoice that,
by the notice given, a pledge is secured to the country that
an experienced, comprehensive, and lofty mind will soon be
devoted to the exposition of views touching our future pelicy
towards Ireland, and by which we may hope to be, in a great
measure, safely led to the much-coveted work of political re-
generation.

The state of Ireland is the great blot upon the escutcheon
of England's public policy; it is a stain whish (hitherto
indelible) every patriot would, for the honour of his country,
desire to remove, by almost any sacrifice that a combined
spirit of philanthropy and enlightenment could devise or
dictate. Foreigners acquainted with the greatness and glory
of this country would not believe the degraded and re-
proachful condition of one-third part of our empire, were not
the fact too notorious to admit of a doubt. Impressed with
the deep responsibility that attaches itself to our Govern-
ment during the paralysed condition of Ireland, it is en-
livening that we have among us the forerunner of civil and
religious liberty—the champion who has struck off so many
disgraceful shackles under which our statute-book groaned,
and by which freedom was fettered—ready to address him-
self to the ennobling project of extricating us from the mani-
fold perplexities which have hitherto beset our path of legis-
lation for Ireland, and who, by tracing out some clear and
bold outline within which we may successfully and proudly
marshal all our resources, may enable us to elevate the sister
isle to a just equality with England and Scotland.

A Parliamentary return, showing how much, or rather
how little, of the immense sums deposited for the railway
schemes now before Parliament still stands at the credit of
the' Accountant-General at the Bank of England, and has
not been invested in Government:securities, under the provi-
sion of the Act 1, and 2 Vic., c. 117, would throw very
considerable light on the present connexion between railway
enterprise and monetary scarcity. If we are rightly in-
formed, above six millions of the railway deposits are still
locked up, directors, who have already lost in selling
out of the funds in order to make the required 'deps-
sits, being unwilling to add to the loss by investing
again at the higher prices which the funds have maintained
since the time for making the deposits expired, and at the
risk of subsequent depreciation, in the unsettled state of do-
mestic as well as foreign politics. The absurdity of the ex-
' isting regulations as to railway deposits has been frequently
expressed by us. The serious consequences of their ab-
surdity are now being deeply felt. If the sums required to be
paid into the Bank to the credit of the Accountant-General,
could either have been paid into the Bank in the name and
to the credit of the directors of the several companies, or
could, have been paid in Government securities, there would
have been no abstraCtion of six millions from the circula-
tion ; and he who runs may read the share which an abstrac-
tion of six millions from the circulation has had in bringing
about the present scarcity of money and derangement of the
money-market. This important ingredient in the question
will, we trust, not be lost sight of in to-morrow's discussion
of Mr. PARKER'S much-needed motion.

A Bill is now in Parliament for altering the absurd regu-
lations we have been complaining of. Under this Bill (in-
troduced by Mr. MoFFArr and Mr. GISEORWE), the moneys
are to be deposited in the Bank in the names of the directors
of companies, and where any portion of the sum required
to be deposited by the standing orders has been pre-
viously invested in the Three per Cent. Consols, or
Three per Cent. Reduced Bank Annuities, or Exchequer-
hills, or other Government securities, these securities
are to be taken at the price at which they were originally
purchased, the price to be proved by production of the
broker's certificate of the purchase. So sensible a Bill should
meet with.no opposition ; but remembering, as we do, the
Chancellor of the Exchequer's complacent mode of viewing
things as they are, when Mr. HASTIE exposed their mis-
chievous absurdity at the commencement of the session, we
fear that Mr. Mot-Farr may not have so easy a task before
him as he ought to have; and we trust that he will be well
supported, in case of need.

The motion of Mr. PARKER to morrow is for a Com-
mittee "to consider whether precautions cannot be
devised by which the effects of the railway legislation
now pending on the labour and money markets
of this country may be provided against." Let the proposal
in Mr. MoFrArr's Bill for placing the sums at the Bank in
the names of directors, instead of the Accountant-General,
be carried into effect instanter, as regards schemes of this
session, and the immense sums now locked up will imme-
diately become available for the circulation of the country.
That will remove a great present' load from the money-
market. As to the prospects of future disturbance of the
money-market, Parliament must do one of two things; it
must either hold its hand in granting Acts this session, or
must come to some general arrangement for a prolongation
of the periods for completing the lines which it authorises.
There can be no doubt that the first course would be the
most desirable. Sir ROBERT PEEL very clearly intimated
his approval of the course, but his Committee has failed
him ; and, judging from appearances in both Houses, the
Legislature appears to be committing itself more and more
deeply every day to the passing of as many lines as possible
during the present session. The country is already com-
mitted to an expenditure of seventy millions on railways
during the next three years; the calculation of the cost of
the railways proposed this session to Parliament (deducting
for competing lines) is computed at three hundred millions,
which would have to be found within the next five years at
most. Such an addition to the demand already sanctioned
on the resources of the country cannot be viewed without
great alarm for the effects both on the money and the
labour market.

There is one point which should not be lost sight of in
estimating the future difficulty of getting in calls, and it is
one which will make the difficulty less. Power is now taken
in railway Acts to allow interest (four per cent.) on deposits,
from the time of getting the Act. This was not so with
the first railway Acts ; and it is not fair, therefore, to con-
clude, from the difficulties which attended the construction of
the first railways, that there will be the same depre-
ciation of shares and difficulties of getting in calls
with these lately authorised, or now waiting for autho-
risation. Four per cent. interest, though paid, as it must
be, till the works are completed, out of capital, will secure
shares not falling lielow par. We believe that the shares in
all the railways authorised last session, though they have in
many cases fallen considerably from the high prices of the
mania season, have not fallen in any proportion to the fall
in the value of scrips. But still this may only increase the
disturbance in other branches of industry, by the greater cer-
tainty of the absoption in railways of the large amount of
capital required for the schemes of the present session, of
which. Parliament seems, as yet, to have taken no heed, but
to which we trust that Mr. PARKER'S motion will awaken
their most serious attention.

rushed in to pummel away with a " right cowardly " sword
at objects beyond the power or beyond the leisure of offer-
ing any opposition. But upon what ostensible footing does
he undertake to demonstrate the necessity of warring against
the Ministerial innovations ? Why, he simply maintains
protection as a gentlemanly sort of thing, he upholds it be-
cause it smacks not of the canaille policy, and because also of
the several pints of blood he carries in his veins. According
to this line of reasoning, the feudal system should be alto-
gether resuscitated; for agricultural monopoly is unquestion-
ably of feudal extraction ; we should kiss hands again with
every petty baron in the realm ; regulations of matrimony
itself should be tampered with by a revival of the old,
monstrous statute of the bridal night. Taking this as a
fundamental principle in our logic, all our modern enact-
ments are mere baubles, to be ordered out by the first CROW.
WELL of the aristocracy. Englishmen, however, have become
too discriminating in their political creed to treat platitudes
(even when they are platitudes of correspondents with
coronets) with anything above indifference. Mr. Colors
has so accustomed them to sound arguments and new illus-
trations, that our British public have become somewhat
fastidious in legislative rhetoric: it therefore behoves his
Grace of NEWCASTLE to continue henceforth silent.

We have received Madrid journals of the 9th. According
to one of them, the Tiempo, the Spanish Government, by
way of reprisal upon England for her interpretation of the
treaties respecting the admission of sugar from Cuba, has
resolved to increase the tonnage on all English vessels enter-
ing the ports of Spain. That journal approves of this mode
of retaliation, as will be seen from the following extract :--
"It appears certain that our Government has ordered that
English ships, in our ports, should henceforth be treated as
not belonging to the most favoured nation ;' consequently,
British merchantmen will pay double tonnage duties, besides
paying the same import duties on British goods as are paid
by other nations with whom we have commercial treaties.
This measure is adopted in consequence of the interpretation
given by the British Minister, Mr. Gladstone, to the treaties
of this kind existing between Spain and England. Accord-
ing to the sophistical reading of the English agent,
these treaties related to persons only, and not to merchandise.
Consequently, in his opinion, we have not the right of intro-
ducing our colonial sugars into England without payment of
the cur-tax, which places them in a worse position than
those of Venezeula and North America. This absurd inter-
pretation, supported by force, excepted by the English Minis-
try, and renewed by Sir R. Peel in his new financial and
fiscal plan, must have been, if not approved, at least sub-
mitted to by us. In such circumstances the plan of Martinez
de la Ross, our Minister of Foreign Affairs, ought to have
been to make the best of the matter. In our opinion that
Minister has acted rightly in accepting the interpretation of
Mr. Gladstone, and in declaring, in consequence, the onerous
treaties of commerce existing between Spain and England
null and of no force."

On the 9th, the Three per Cents. closed at 293 at sixty
day?. The Five per Cents. were not quoted.

A discussion of some interest was expected to commence
yesterday, in the French Chamber, on a motion of M.
IttuusAT, for excluding all placemen from seats in the
Chamber, and au amendment, or addition, proposed by M.
ODILON BARROT, for the exclusion not only of placemen,
hut of all persons receiving pensions from tte civil list.
These two classes form a large portion of the Chamber.
According to a report made by M. HEBERT on the subject,
156 Members are public functionaries, who hold their ap-
pointments at the will of the Crown or the Minister : since 1830,
51 Deputies.. who entered as independent representatives, were
appointedto salaried offices, and 162, who held appointments
were raised to higher offices, thereby increasing the power
of the Crown.' The amendment of M. ODILON BARROT is
strongly censured by the Journal des Debars which it de-
clares is made chiefly to annoy the KING. " The Opposition,"
says that paper, "thinks to make itself popular by directing
its attacks against royalty itself, for it is well understood
that the incompatibility sought by M. ODILON BARROT is
only intended to include some rive or six officers who have
the honour of belonging to the royal household, and who do
not interfere in the slightest degree with the freedom of the
deliberations of the Chamber. It is in royalty that the
Opposition wis,les to create distrust. This is the pretext
used to bring forward questions which politeness would for-
bid even if the charter did not." On the reading of the minutes
of proceedings which took place in the Chamber on certain
questions put to M. GUIZOT by the Marquis DE LA Rocxx-
Ja.QuELisr, a little animated conversation took place, in con-
sequence of a strong word used by the Minister having been
changed for another in the report given in the Moniteul. It
appears that M. GUIZOT had said that "it could not be ex-
pected that France should be the haunt (repaire) of all in-
surrections ;" while the word substituted for this in the
liraniteur was foyer, or rallying point. The alteration was
readily admitted. which seems to have been made in defe-
rence to public feeling, and the matter dropped. The Con-
stitutionnel thus does justice to M. GUIZOT for making the
alteration :

"M. Guizot had expressed an opinion that the Polish re-
fugees ought not to be suffered to convert France into a
repaire for the nurture of revolutions and conspiracies.' That
word repair( has excited a sentiment of universal reproba-
tion among the Members of the Chamber of Deputies. It is
a word seldom or never employed, except in reference to the
retreat of thieves and assassins. It was odious in the Mi-
nister of Foreign Affairs to make use of it, even by hypo-
thesis, when speaking of the unfortunate refugees of a nation
entitled by its misfortune and by its courage to the esteem
and to the sympathy of all men of feeling. M. Guizot has,
however, become convinced of his error, and replaced the
word rf p lire by that of foyer (focus or rallying point), as
will be seen by the 31oniteiir of Saturday, Such corrections
are made every day. An improper expression may some-
times escape in the heat of an argument, and it is never too
late to repent when such is the case."
On Sunday the Three per Cents. rose about 30c., as com-
pared with the price on Saturday, and were done in the pas-
sage of the opera at 84f. 3k.

Immediately upon the publication of the Duke of Naw-
CASTLE'S recent address to the British nation it was our
intention to acdbmpany it with such commentaries as we
conceive it fully demanded : circumstances, however, of in-
finitely larger importance have hitherto occupied both our
attention and our columns, and protracted our silence as to
the manifesto issued by his Grace until the present moment.
On returning to this extraordinary document, we are over
powered by a sense of its solemn inanity and nothing-
ness. We are awe-stricken by the eseeeeding anti-
quity of the thoughts contained in this redoubtable
epistle ; they breath of the black• letter generation ;
they reek of the curiosity shop ; they are of a hoary cast—
their most glaring characteristic is senility. The next
quality in the production which arrests the reader is its won-
derful pomp and lavish exaggeration of style—what some
persons would designate " ornate." Nevertheless there
appears to us something diplomatic and cunning in
the manner in which the strawberry-leaves generally
display a preference to the grandiloquent order of composi-
tion. And by this subterfuge his Grace of Clumber manages
to trick out a few wretched common-places after a fashion
very brilliant and showy indeed. One puff, however, from
common sense i—and the tinsel work is scattered offlike chaff
in a whirlwind, and the ideas are again as bald and as miserably
scalped as ever. "You have witnessed," says the Right
Hon. Scribe, "you have witnessed with astonishment and
detestation the hideous treachery and tergiversation of public
men, which burst forth suddenly upon your incredulous
view in the full blaze of its triumphant deformity, supported
by a shameless effrontery, unexampled in the annals of well-
regulated states." Here we have an aristocratic cypher, tell-
ing the whole British population that they view the recent
occurrences in Parliament with "detestation." This is pre-
cisely analogous to the quack doctor insisting that
his patient had pains in this joint, and rackings in
that, and cramps in the other—subsiding into the
stage-whisper, that if those maladies were not per-
ceptible " they ought to be I" " Triumphant deformity,"
too, is quite an original substitute for an expletive, exceeded
only in its boldness by the notion of deformity " blazing,"
inflammatory hunchbacks, combustible hare-lips, and in-
cendiary club-feet, wandering, doubtless, in the imagination
of the agricultural Peer during the conception of the epithet.
Of his Grace's redundancy, we shall merely observe that
effrontery and shamelessness appear to us synonymous ; no-
body surely can be shameless without effrontery, neither
can effrontery be manifested without some indication of
shamelessness. As a testimony, however, of the necessity of
this sequitur, we shall content ourselves with a simple refe-
rence to the Lord of Clumber. Howbeit, there can be no
possible utility in instituting a literary inquisition as to his
Grace's grammar. The schoolboy ferule marks have un-
doubtedly disappeared long since—slate pencil isnot surely a
fit weapon for an oligarch. The only "forms" with which a
ducal head or heart can have any sympathy whatever are
the forms of etiquette, and judging from the Newcastle
"complete letter-writer," we should decidedly say that even
those sympathies are restricted. It is with the morale, the
object, the propriety of this unparalleled epistle, that we
would engage ; and after the most deliberate and patient—
we may indeed declare, after the most elaborate
consideration of the matter—we must acknowledge
that a more reasarkable piece of spontaneous and
gratuitous impertinence has not proceeded from the
split of a goosequill within our recollection. As
well might Idr. Nobody, representing the opinion of the
smellest parlour in Pimlico, bellow forth his recommenda-
tions to the multitUde of Englishman throughout the
United Kingdom, for all our countrymen care. The Duke
of NEWCASTLE is less than in a minority, he stands almost
alone as FAUITAFI? stood with his " ragged regiment"
behind the copse at Shrewsbury, while the bat-
tle was raging gloriously in the vicinity, and
occasionally Ilia Grace rushes In as Va.yrrawr

BUSINESS DONS IX FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, MADAN 16.
Boulogne and Amiens, ll—Bordeaux, Toulouse, and Cette
(Mackenzie), 2—Ditto ( Espelota), 2 !•P —Dutch Rhenish, 6—East In-
dian, —*mat Northern sof France Constituted, 16 —Great Indian
Peninsular, s —Great Western Canada, 3 —Jersey, —Luxem-
bourg, 1 —Madrid and Valentla, I—Orleans and Bordeaux, 12}i
—Sambre and, Meuse, 4

TIIE Coxvicr nicxs.—We are glad to learn that the
case of this unfortunate young man has, by the humanity of
a number of individuals, been brought under the especial
notice of the Government, and that strong hopes are enter-
tained that the capital sentence will not be carried
into effect. This appears to be one of those
cases where lenity might be shown with little
danger to society. There are great doubts respecting the
sanity Of the convict, and besides, from his own account, he
was almost driven to madness by the cruel treatment of his
master. This may be true, or it may not, for any evidence
produced, but it is known to many, that the life of apprentices
in London is too frequently of the most dismal character,
and that insults and cruelties are inflicted on young lads
which almost exceed human endurance. The law has given
'to the master the.power and authority of a parent, while he
has none of those natural feelings which rarely fail to miti-
gate punishment. The crime, we readily admit, was very
great, but when we compare it, under all the circumstances,
with many of those committed by persons arrived at mature
years, who have had their sentences commuted, er who have,
by accident, escaped conviction, we are strongly inclined to
young man, who has only entered
t this
h pleads
'tw foren mercy
tiet h o
year.

BANKRUPTCY.-(-THIS DAY.)
(Before Mr. Commissioner FoNnwiquic.)
IN RE BURLEIGII.

The Learned COMMISSIONER prOCeeded to give judgment
on claims put in by Pyke and Norfolk Burleigh, sons of this
bankrupt, who had carried on business as an at orney.
The Learned COMMISSIONER said that the claims were to
a large amount, and were alleged to be founded on debts in •
curred many years ago under a breach of trust, and suppos-
ing that to be the fact the statute of limitation would not
operate. On the, marriage of the bankrupt with his IN ife
some large estates were settled on them by the parents of
the lady, fur their use during their lives, and to be held in
trust by the bankrupt for their children. Pyke Burleigh
cams of age in 1817, and in 1821 he joined with
his father in a deed for the sale of part
of the property, and in 1825 the remaining
was sold by the consent of Norfolk Burleigh, who had then
come of age; they did not insist on the terms of the trust
being carried out by the investment of the purchase-money,
but consented to its being retained by the bankrupt., His
Honour said he was clearly of opinion that they had waived
their right, and could not now come in and claim in prefer-
ence to the other creditors. It, in fact, stood precisely as
though they had lent the money, and could not be regarded
as a breach of trust; they would have had the benefit of the
father's speculations had they proved fortunate. He
was most strongly of opinion, in the case of Pyke
Burleigh, that he had no ground of claim, for he
was one of the parties in whose names the money
ought to have been invested—there was in that
respect therefore a shade of difference, and barely a shade
between his case and that of Norfolk Burleigh's. In some
cases the father had exercised undue parental influence, but
in this there was no such excuse, both the claimants were of
mature age, and Pyke had been clerk te his father, who was
an attorney carrying on a large business, and, therefore, not
likely to have been deluded into a waiver of his rights. The
claim was disallowed.
IN RE SIR JOHN ROSS.
This morning was appointed for the adjourned choice of
assignees and last examination of Sir John Ross, the well-
known voyager.. The meeting, however, had not been advertised, but the
hour set down in the list as well as in the books of the
official assignee, was eleven, an,: some of the parties were
present. The case, however, in consequence of this' mis-
understanding, was adjourned till one o'clock.
At that hour, Mr. Buchannan, the solicitor to the fiat,
said that Mr. Gillott, tailor, of the Strand, had proved his
debt, and undertaken the office of assignee; he had had the
accounts before him several days. and was quite satisfied
with them.
The Learned COMMISSIONER said he could not recognise
Mr. Gillot's having had the accounts before he was appointed
assignee; a short adjournment of ten days must take place.
The last examination was, therefore, again adjourned.

EXTENSIVE FIRE AT A COTTON FACTORY AT LEICES-
be'
belonging
cif
troebrMoke 's
HaronnsSaant
du ridiaeymne
11,g
chot t
taotn the extensiveb
bfearc two: yb
manufacturers. In the course of a few minutes the fire had obtained
such an ascendancy that the flames burst out in a large body from
the different windows, and shortly afterwards extended to the second,
third, and fourth storeys of the building, each of which contained a
large quantity of cotton in a raw state, bobbins and spindles for wind-
ing, webbing, &c. lu one room there were several bales of goods,
packed ready for exportation, to the value of 3,00e1., but by the exer-
tions of the police, firemen, and others, a great portion of them, as
well as the stock, was saved; nevertheless, from the combustible na-
ture of the articles the dames spread so rapidly that the whole of the
building, extending to a frontage of between 300 and 400 leet, was
compktely gutted. Ttie damage is estimated at a rough calculation
at between 4,0001. and 5,0001. The property is insured to the amount
of 15,000/. ; but still from the stoppage of the works, and the conse-
quent inability of the firm to complete a number of orders they have
en hand, they will be very severe losers.
At three o'cloek on Saturday last, as the Queen of the
French was returning erom Neuilly, an individual threw himself off
the Triumphal-arch at the Barriers de l'Etolle. The Queen ordered
her coachman to stop, but the suicide was complete. Her Majesty
was deeply affected by this incident.
Mr. Dempster,' the ballad singer. who has been sing-
ing to crowded houses in Boston and Providence, has recently set to
music the popular song of the " May Queen," by Tennyson, which is
spoken of in the highest terms by the Eastern press. The pathos of
this song is absolutely painful ; and it is said, there was scarcely a
dry eye In the 'met while it was stung.

E MN, 14 ON D ON; rITES,D AT EVENT G, MARCH 1?, MI

MONEY and COMMERCIAL NEWS,
CITY, QUARTER TO THREE.
There was a steady market for Cotton at Liverpool
yes-
terday, and American was well supported. Sales 5,000 bags,
nearly all to the trade. A further improvement occurred in
the Share market, which wore a better appearance than for
some weeks past.
The following interesting intelligence shows that Canada
possesses mineral wealth as well as agricultural resources
" Some of the British officers in Canada have lately made an
important discovery of some of the richest copper mines in
the world. This discovery has created great excitement.
Some of the officers, en route to England, will carry with
them specimens of the ore ; and, among them, one piece
weighing 2,2001b5. The ore is very rich, yielding, as we
learn, 72 per cent. of pure copper. Part of the copper was
taken from the bed of a river, and some broken off from a
cliff on the banks. The latter is six feet long, four broad,
and six inches thick."
The Peterel, with advicee of Jan. 25 from Rio de Janeiro,
does not furnish much news. There is some satisfaction,
however, in reflecting that the balance of trade was last year
rather more favourable to Brazil, and the grand desideratum
appears to be the formation of such a system of finance as
will increase, permanently, and without resort to paper
issues, the national revenue of the empire.
There are no other ship arrivals to-day, with late intel-
ligence. -
The English Stocks have been depressed again this morn-
ing, and although there has not been much doing a sale of
Consols has sent down the quotation to 95'S again for pre-
sent transfer. Time bargains have been effected at 9614 to
96%. The premium on Exchequer-bills has been 335. to
365., and Bank Stock fur Account has been at 212. South
Sea Stock has realised 106%.
The Foreign Securities have been generally very well
supported. Spanish Five per Cents. are 26, the Three per
Cents. 36 to 364. Portuguese Three per Cents. have been at
561 i. Mexican Active Stock has been quoted 31% to 14,
and the Deferred 161/2 to 34. Belgian Four- and-a-Half per
Cents. have been 98, and Dutch Two -and-a-Half per Cents.
591A2 to %.
Shares are rather flat. The market does not get get up so
well here as is said to be the case at Liverpool, but some ex-
pect more briskness after to-day's account is settled. A glance
at the quotations in the list shows that there are many pro-
mising " scrips" to be bought at extremely low prices.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK'
(From the Official List.)
Three per Cent. Consuls Annuities • • .. 96% 95%
South Sea Stock .. 10634
Bank Stock for Account • • • . .. 212
Consols for Account • • .. .• • • .. 963 E %
Exchequer Bills. 1301. I%d.
1;0001. 36 33 pm.
5001. .. 34 37 33 pm.
Ditto. Small .... 34 37 33 pm.
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent • • • •
Ditto, Small . 84
Mexican Bonds, 1837, 5 per Cent • • 31%
Ditto, Deferred • • • • • . • • 16% %
Portuguese Bends, 5 per Cent. • •
Ditto, 3 per Cent .. • • .. 5634
Spanish Bonds, 5 per Cent. • • • •
Ditto, for the Account • • .. 26
Ditto, Passive Bonds • • • • • • 3% Ts
Ditto, Deferred • • • • .. 16)4
Ditto, Three per Cent .. • • .. 36
Ditto, for the Account • • • . 36U
Dividends on the above payable in London.
Belgian Four-and-a-Half per Cent. 98
Dutch Two-and-a-Half per Cents. 5934 % •
Ditto. 4 per Cent. Certificates .. 94% 95
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK.
RAILWAYS. PAID. Paz gIIAZI.
Aberdeen .. . .. 10 ...... 8 .... to 7
Birmingham and Gloucester • • ..100 .. • . .... to
Ditto New (issued at 7% dis.) • • 1734 •• • • 31}1 •• • • to
Caledonian .. .• .. 10 .... 11% .... to 10%
Ditto Half Shares .. • • .. .. 234 .... .... to
Chester and Holyhead .. 20 •• .. 20 •• .. to
Direct Northern .. 2% .... 234.. . to
Eastern Counties • . 141. 16s. Od. •• .. 21% .... to 21
Ditto, New .. 81. 16s, 03..... 6 p.... to
Do., Perpetual, 5 per Ct. No. 1, 61. 13s. 4d..... %p.. to
Ditto, ditto .. 110.2, 61. 13s. 4d..... pto
Ditto Extension . .. 234 .... 114 .... to
East Lincolnshire .. 1 .... 1j4.•• • to
Essex and Suffolk .. .. 1% .... 34 .... to
rboote, Doncaster, and Sheffield, &c... 425. •• .. % p.. to
Great Southern and Western (Ireland) 15 .... 17 .... to
Great Western .. 85 • ... to
Ditto, Quarter Shares . • .. b 1634 .... to 16
Lancaster and Carlisle .. 35 .... .... to
Ditto, New .. .. • . ....9%.... to
Leeds and Carlisle .. • . .• .. 2% • ... to
Liverpool and Leeds Direct .. • • 2% •• • • %•• to
London and Birmingham •. ..100 ••••219 .. • • to 21734
Ditto. Thirds .. • • .. •. 16 •• • 49%). to
Ditto, Quarter Shares .. . • • • 2 .... 27 •• • • to
London and Blackwell .. 161. 13s. 4d. •• • • 834 •• .. to
Loudon and Brighton 50 •• .. 64 . • • to 6334
Ditto, Consolidated Eighths • • .• 40 •• • • • ... to
Ditto ditto Fifths .. • • .. • • 20 .• • • 2934 •• • . to
London and Croydon .. .. 131. 15s: 9d. •• • . 21% ex dto
London and South •WeAerti 411. 6.5. 103. •• .. 76% .to
Ditto, New Consolidated Eighths.. 28 •• .. 43 .... to
London and York .. . 2% .... 3% %% to
London, Salisbury, and Yeovil .• 234 .... .... to
Lynn and Dereham .. 10 .• 9%. .. to 834 %
Manchester and Leeds .. 82 .... .... to
Ditto, Half Shares .. • . • • 38 .... 59 •• .. to
Ditto, Fifths .. 2 .... 11% .... to 12
Ditto, Extension 425. 33! p.. to
Manchester and Birmingham .. • • 40 •• • • 76% •• • • to 77 z d
Ditto, Quarter Shares (C) • • .. 1 .... 7% .... to
Manchester and Southampton .. .. 2 2 .... to
Midland
Ditto, New .. .. 18 .. . 31 .... to
Newcastle and Darlington Junction .. 25 .... to
Ditto. New 1 .... 934 •• .. to
Ditto, New, Brandling .. • • 20 .... 57 •• • • to
Newcastle and Berwick • . .. •• 10 1934 .... to
North British- • . .. • • .. • • 20 •• • • •• • • to
Ditto, Carlisle Extension • . . • 1)4 • ... % to
North Kent and Direct Dover • • .. 234 .. • • 234 -• .. to 2
North Staffordshire .• - • .. .. 425. • ... pto
Northampton, Banbury, Sr Cheltnam. 2 .• • 1% • • to
Portsmouth Direct .. • . • • 3% •• • • 3 •• • • to
Scottish Midland .. .. • • .. 5 .. • . 334 •• • • to
Shrewsbury and Birmingham .• 234 •. • • 2% .... to 3
Shropshire Union . .. 425... • • % dis • • to
South Midland • • . 425..... 1% p.. to %
South Eastern and Dover • • • . • . 33% .. • • 36% • • to 36

Ditto, New, No. 1 .. • • • • • lb—. .. 17 ••.• to
Ditto, New, No. 2 le 11 a .... to
Ditto, New, No. 4 .. • • .. 2a 2y. .. • • to
Vale of Neath .. 2 .... 2a •• • • to
Waterfd., Weald., Wicklow, & Dublin 1 .... .. • • to
York and North Midland .. .. 50 .... 9614 .... to 96
Ditto, Half Shares • • .. .25 .... 48 .• ••to
FOREIGN RAILWAYS.

Dendre Valley .. .. • . • • 2 • • • • .. to
Dutch Rhenish .. • • .. • . 5 • • • . 6% % .. to
Great Northern of France Constituted 5 .... 16% .... to
Jamaica South Midland June. lon • • 1 .... 2 .... to
Luxembourg .. .. .• .. 4 ....
Rouen awl Havre •• .. . .. 20 .... 30 .... to
Sambre and Meuse " .. 6 .... 4 ...• to
JOINT-STOCK BANKS.
Australasia .. • . • • . • .. • • 40 .. • • ,• to
Ditto, New • - • • • • • • • • 10 • • • . 21A • ... to
MINES.
Real del Monte. Ui tregistered • • • • • • .. 3% • • • • to

RAILWAY COMMITTEES.
(THIS DAY)

GROUP IX.

Members—Lord Woreley, chairman ; Mr. R. Spooner, Mr. Milner!
Gaskell, Mr. Archbold, and Colonel Thomas Austen.
This Committee ritet to-day_at twelve o'clock, when the case for
the opposition to the Edinburgh and Glasgow Amendment and
Branches was resumed.
The following Bill, the Glasgow Harbour (Grand Junction Ter-
minus Railway) was annulled from the list of Bills given yesterday,
It having been just referred to this Committee.
air. William Harvey, a proprietor and partner in two of
the distilleries on the banks of the canal, was the first
witness examined. The ground had been fenced or leased
for the works on the banks of the canal, with the right of road way
in front for their accommodation. The proposed branch would be-a
serious inconvenience, as it touched the canal, at the angle at which
Air. Gourlay's distillery was placed, while in front of Messrs. Kidson
and Borrow's works it was but six feet from the canal. The branch
also touched on the footpath at another point. It was his opinion
that the traffic on that side of the canal arising from
the public works would be seriously incommoded. A
great amount of the grain used by the distillers,
came by the canal, and would have to cross the branch line into the
works, as would also the goods sent from the works by the canal,
and hence agi eat impediment might arise. In fact, the inconve-
nience would be so great, that the effect would be to shut up the
works altogether. The line of railway would be to hint no benc4t
whatever, as he would have to use cartage as much as before. This
would also in his opinion be the case with the proprietors of the other
works. The south bank of the canal would be much preferable,
and the crossing of the canal by the branch would be avoided; and
hn this opinion he believed all she proprietors on the north bank coin-
aided. k urther, the branch would be of use in supplying toe wuras
with coal.
The whined was cress-examined at some length by Mr. M'NaIL,
in the course of which he maintained in substance what he stated in
his examination in chief.)
Mr. Win. Geddies Bonn, was next examined—lie was a proprietor
of the glass bottle works at Port Lundell, at which the traffic was
very great. He was decidedly of opinion that the branch along the
bank of the canal would not only impede and inconvenience him but
all the other proprietors of works on the batiks.
The CHAikniAN said the Committee were of opinion that the peti-
tioners had made out a case of great inconvenience to their works,
and, therefore, they (the Committee) did not require any other evi-
dence on that point. It would be for the promoters to show that the
convenience and advantage to the public would be so great
as to justify this inconvenience of the petitioners.
Mr. 11`.Nsar, intimated they were prepared to do so if it should be
found necessary.
Mr. FoitsYTH begged to remind the Learned Gentleman that his
case was closed.
Mr. Saunderson was then called and examined, to the effect, that
front his knowledge of the trade, he did not think the traffic coming
off or going on the canal at Port Dundas, would be carried by the
branch railway, but be still continued, and therefore that each a
branch was uncalled for.
Mr. Nora then briefly addressed the Committee, to the effect that
it had not been shown that the convenience of the braneh to the
public was at all commensurate with the disadvantage it would im-
pose on private individuals. If there was no traffic there would be
no inconvenience, and the line was not required ; if the Verne was
censiderable, then it had been clearly shown the inconvenience would
be very great to the manufacturers on the bank of the canal, all of
whom opposed the branch, as entirely unnecessary.