The Sun.
London, England, 1846-06-27 00:00:00

THE SUN, LONDON, SATURDAY MORNING, JUNE 27, 1816.

this measure was originally introduced to the notice
of Parliament—namely, some eighteen or twenty
weeks ago—when the highways and homesteads of
five Irish counties were sodden with the blood of
homicide ; when devilish assassinations were inces-

santly perpetrated-
twilight, sometim,

sometimes within
when murder, an
riot in those
to us not o

necessary, so

administration as
dination, to chase

placing the lives

:o assure the safet'

cent masses. A
tions of Ireland—)
altogether incapa

extraordinary aci

endue the law w.
times this salutar

subjection for the
dim merged itself

statutory dictatorship was at that period necessary
to Ireland : we then maintained the existence
of that necessity ourselves—so also did the
Noble Lord the Member for the city of London, and
a number of other representatives who have subse-
quently recorded their votes in opposition to the
Coercion Bill. We conceive, indeed, that what was im-
peratively demanded at the commencement of this
session is not called for at the present moment ; and
this because the virus of Irish criminality has ex-
hausted itself during the protracted and pernicious
wrangling of the Protectionist orators. Had the
Coercion Bill been carried into operation immediately
after the assembling of Parliament, we are satisfied
that the lives of many unfortunate victims to agrarian
outrages would have been preserved, and that a consi-
derable moral benefit would have been con-
ferred upon the Irish multitude generally. It
would have awed the rioters into instant sub-
mission—it would have warned them by
an awful retribution from any future revival of their
villanies, and it would likewise have impressed the
more harmless inhabitants with the conviction, that
if the Government was ready to wreak its vengeance
upon those citizens who were not amenable to the
Constitution, it was ready also to protect the help-
less and to foster the loyal. Now, however any such
interference with the domestic habits of the people
appears to us wholly in the light of an irksome super-
fluity of justice ; it is the old story, " shutting the
stable-door when the steed is stolen !" Still the Mi-
nistry have thought otherwise, and we believe them
honest in so thinking, cordially we believe
so. A mighty responsibility hangs over them
individually and collectively ; the lives of mil-
lions are entrusted to their protection ; many of
those lives have been taken through the inadequacy of

the ordinary law to chastise the aggressors. Can we
then entertain feelings of astonishment if a sense of
that responsibility seems to preponderate over all
other considerations ? It is from the anta-
gonism of such views that the downfal of
the Premier has originated. Ireland was his
great difficulty at the very outset, it has continued to
be his great difficulty at the termination. Impeding
the velocity of the ascent, it has tended to expedite
the catastrophe ; but that catastrophe, if such indeed
it can be designated, is one effulgent with an enduring
glory. Hardly has the discomfiture of the anti-Minis-
terial majority arrived when the Ministerial victory is
announced. The Coercion Bill is lost, but free trade
is achieved ! And the statesman who has been
chiefly instrumental in the advancement of both is
subdued only in the very moment when he has com-
pleted his conquest. Monopoly is vanquished if
PEEL has yielded to circumstances ; and in the
exultation of this unparalleled achievement, public
gratitude will not forget the great statesman to
whom its acquisition is principally owing. Posterity
will often recur to this epoch ; it will cherish the
memory of the SOVEREIGN under whose auspices the
peaceful victory has been obtained ; it will honour
that Great Army of Intellect, the League, with its
1 unarmed Cromwell, COBDEN ; and its full and en-
during gratitude will be lavished upon that illustrious
man, who, amidst the revilings of spleen and the taunts
of revenge, has for ever associated his genius with
one of the noblest boons ever accorded to the British
nation. It will be remembered in future times, that
while Sir WALTER RALEIGH, as early as the six-
teenth century, advocated the free importation of pro-
visions, it was not until the advent of Sir ROBERT
PEEL that the creations of OMNIPOTENCE were
laid open to appease the wants of the hungry,
and the productions of man to clothe the
naked, untaxed, untramelled, unrestricted—as was
originally intended by the designs of GOD and the
dictates of reason. Let us then, men of England !
repeat the earnest language uttered on Thursday night
by COBDEN let us tender to Sir ROBERT
PEEL " our heartfelt thanks for the un-
wearied perseverance, the unswerving firmness, and
the great ability with which he has, during the last
six months, conducted one of the most magnificent
reforms ever carried in any country through this
House of Commons I" Those are cheering and
glorious words they tell us that what the
people of England have been struggling for so long,
and through such a variety of tribulations and
disappointments, is at length obtained. It tells us that
that eloquent champion of patriotism, RICHARD
COBDEN, has spoken his last free-trade speech ; it re-
minds us that Sir ROBERT PEEL has lapsed from the
vigour of administration ; but it reminds us also that
his conduct, his zeal, his forbearance, his assiduity, and
his daring since November last, have entitled him to
the popularity and the grateful affection of his coun-
trymen, while they have imprinted his name in the
Whahalla of the World as one of the noblest bene-
factors Great Britain ever possessed.

We cannot resist calling the attention of our
readers to ithe following sentence, uttered many
years ago by Dr. CHALMERS. It is at once indica-
tive of the hopelessness of ever achieving what has
been this day achieved, while it is a sketch of the
consequences which were deemed by that eminent
thinker as most certain to result from such a measure.
The disappointed minority of would-be monopolists
insist that free trade in grain will ensure a national
bankruptcy to the agriculturists. Thus, on the other
hand, speaks an astute and philosophical reasoner :
" For the sake of its moral benefit we know of no
achievement more urgently desirable than that of a
free corn trade. There is not a more fertile topic of
clamour and burning discontent all over the land ;
and were it but effectually set at rest, we are aware
of nothing which might serve more to sweeten the
breath of British society."

Accounts from Rome of the 17th have been received.
On that day all the grand dignitaries, the diplomatic
agents of all the powers, and the persons desirous of re-
ceiving the benediction of the new POPE, presented them-
selves at the doors of the apartment in which he was to
give his first audience. As soon as the doors were
opened the most eager rushed to the feet of the POPE to
receive his blessing, but his Holiness stopped them with
a motion of the hand, and asked for the Ambassador of
France. It was only after M. DE Rossi had been re-
ceived by the POPE, that other persons were permitted
1:0T.
;hs eiN faat
she
tte
hiFes
rtfehanvactohuCrAai
trmed
bi
enaaasnlsdaMi
to approach him.
eFFEO
France,
ant
hEc
eeT
a,
anon
sodtw a Pius Count
dd
rtses:ooinf
d. e
diplomatists of the day), was all-powerful in the elec-
Cardinals previous to
the several of they most influential
meeting of the Conclave :
" France is too powerful to have
n
veto, and therefore she renounces it.
ted
sthe o exercise
me
ise her
to request you to take into consideration thate a
that shall not respond to the wants of the country -cwhoonicled
and b
Produce a dangerous internal agitation, •
ring the
Austrians to the north and the French to the south."
It is reported that the new POPE has appointed
Cardinal GizY Under-Secretary of State. This Cardinal
is a firm supporter of the French interest, which may
now be considered as all-powerful in the Pontifical
Court. That the choice of the Conclave meets with the
approval of the French Government may be gathered
from the following article, which appeared in the Journal
des Debats.
"Pius IX. is of a mild and conciliating, though firm cha •
ratter. He is said to be determined to occupy his mind im-
mediately with those ameliorations in the Government of
his states which were so earnestly demanded of his prede-
cessor. It is beyond all doubt that the agitation which was
beginning to be manifested in the Ronian States, and the
condition of the Church in Spain and Portugal, have. had
great influence on the prompt election made by.the cardinals,
cud the spirit of Wisdomlnd concord withhityo

been inspired on this solemn occasion cannot be too highly
estimated."

It is said that one of the first acts of Pius IX. will be
to proclaim a general amnesty—a wise and merciful act,
which foretels a happy, peaceful, and enlightened reign.

,ed the Paris papers of Wednesday.

the Consiitutionnel there is to be a

.en Peers created on the 6th of July.
The following are mentioned as the new Members of the
Chamber of the Luxembourg .—MM. BARBET, Boissr
D'ANGLAS, CADEAU D'ACY, CORNUDET, DoZoN, JAC-
QUEMINOT, LAFON, LAS-CAZES, 3. LEFEBVRE,
A. PERIER, REYNARD, SAPEY, and VIGIER. Deputies
—An ex-Prefect, M. LANGLOIS-D'AMILLY ; and two
Mayors, M. DUFOUR-DUBERGEIR, of Bordeaux, and M.
Bic°, of Lisle.

The increased grant for the navy was voted in the
Chamber of Peers on Tuesday, by a majority of 122 to
2. In the course of the discussion, the Minister of
Marine stated, that henceforth, on board every ship
in commission, it was the intention of the Government
to appoint one midshipman for every ten men.
The Courrier du Havre says—

" Accounts from Newfoundland to the 14th ult., received
at Dieppe, announce that a great number of French vessels
were collected on the bank. Some merchants of St. Pierre
had sent two small vessels to the English coast to purchase
herrings at a fixed rate of duty. The vessels were captured
by a sloop of war employed in watching the coast, as the
exportation of herrings is permitted only to English vessels.
This fact was brought to the knowledge of the Chamber of
Commerce of Dieppe, which will call the attention of the
Minister of Foreign Affairs to this act of rigour on the part of
the English cruiser."

Accounts from Martinique, of the 17th of May, repre-
sent the Colonial Council of the island as being in a
most agitated and disturbed state, in consequence of the
law of July 1845, for ameliorating the condi-
tion of the unfortunate slave population of the
island. The Council vehemently protest againt the law,
which they denounce as being neither more nor less than
disguised emancipation.
The Duke and Duchess DE NEMCURS, with their
children, passed through Angouleme on Saturday. They
slept on Friday night at Ruffec, where they were com-
pelled to stop on account of an accident to one of the
wheels of their carriage.

PARIS BOURSE.—five per Cents., cash, 120 f. 60c.,
for account, 120 f. 40c. ; Three per Cents., cash, 82f. 90c.
Railway shares improved:—For cash, Orleans, 1,242 E
50c.; Rouen, 1,006 f.;. Havre, 725 f.; Northern, 723 f. 50c.;
Bordeaux, 595 E
BUSINESS DONE IN FOREIGN RAILWAYS AT THE

MONEY and COMMERCIAL NEWS.
(From The Sun of last Night.)
There are accounts a few days later from South Australia
and Port Philip, viz., to February 11th and 26th respectively,
but they communicate nothing of interest.
The majority against the second reading of the Irish
Coercion Bill has been the general theme of conversation to-
day, and Sir Robert Peel's resignation is looked upon as a
fait acoompli.
The following is an interesting statement relative to the
trade of Brazil, brought to hand by the Crane packet :
Monthly return of Exports and Imports, Custom-house
Revenue, &c., at Rio de Janeiro, for April last, compared
with that of the corresponding month last year.
Exports in 1846. 1845.
Coffee, bags 72,022 '88,584
Sugar, chests
Hides - 29,654

Custom-house receipts:—
From imports 643,365 667,737
From exports 114,151 122,189

Total
The trifling falling off is accounted for by the supply of
coffee having been rather short, and not equal to the de-
mand, consequently prices have ruled high, and as the duty
is payable ad valorem on a tariff, ascertained weekly, the
revenue has not suffered proportionably. At the latter end
of the month the arrivals of coffee from the interior
were more considerable. The Exchange continued steady at
261 , and the Six per Cent. Funds at 76%.
The imports had been very considerable, without a corre-
sponding demand for consumption. Sales were, therefore,
difficult to effect. There are no returns published of the
value of the articles imported, but some correct idea may be
formed thereof by the following statement, viz.:—
Ships arrived in April, 1844 and 1845.
Number of vessels 9B ... 57
Ditto of tons
Of the above 75 were with cargoes to be delivered at Rio
viz
From England
„ Gibraltar 1
„ France
„ Spain
„ Portugal
„ Anseatic Towns
„ Belgium
„ Sweden
„ Denmark
~ Cape de Verd
„ United States
„ Austria •••
„ Buenos Ayres
„ Chili ..,
„ China
Articles exported to March 31:-
1846.
Coffee, bags
Sugar, chests
Hides 147,564
Sailed in April:—
Vessels ...... 81
Tonnage
The Funds have been heavy again this morning,
Consols having been done at 943/i, though a purchase or
two just made has rallied them to 95. The New Three-and-
a-Quarter per Cents. have been 961/2 3/4. Bank Stock is
steadier at 2051/2. Exchequer-bills have been supported at
9s. to 13s. premium.
The Foreign market has been very inanimate again. Por-
tuguese Four per Cents. have realised 4714 to 48. Nothing
has been done in Spanish bonds. Mexican Five per Cents.
are 27, and the Deferred, 16 to 1%; Columbian are 15'
Shares are flat.
BRITISH FUNDS.

1845.
387,828
2,828
85,255

CLOSING
PRICES,
20514
91%
. 96%
10 3-16

ONE
=LOCK.
Bank Stock .. 205%
Three per Cent. Reduced Annuities .. 94% 95 94%
New Three-and-a-Quarter per Cent. Anna. 96%%
Long Annuities, Expire Jan. 5, 1860 .. 10% 3-16
Consols for Opening .. • . 94% 95 94%
Exchequer Bills. 13d. I%cl.
1,0001... .... 13 913 pm. 13
5001. . .... 13 9 13 pm. 13
Ditto. Small pm. 13
ONE CLOSING
FOREIGN FUNDS. O'CLOCK. PRICES.
Brazilian Bonds, 5 per Cent .. .. 84y, 84%
Columbian Bonds .. .. • • .. 15% 15%
Grenada, 1 per Cent .. .. .. ..
Ditto, Deferred ..........
Mexican Bonds, 1837, 5 per Cent .. 27
Ditto, Deferred .. 16% 16
Portuguese Bonds, 5 per Cent .. ..
Ditto, for the Account
Portuguese Three per Cent
Ditto, for the Account
Portuguese Four per Cent
Ditto, for the Account ..
Russian Bonds .. .
Spanish Bonds, 5 per Cent
Ditto, for the Account ......
Ditto, Three per Cent . .. ..
Dividends on the above payable in Lendon.
Dutch Two-and-a-Half per Cent .. 60%
Ditto. 4 per Cent. Certificates .. 92%
PRICES OF BUSINESS
PAID. DONE AT CLOSING
RAILWAY SHARES. PRICES.
ONE O'CLOCK.
Aberdeen .. 10 .... 3% .... •• • ... 3%
Birmingham and Oxford Junction 2 .... • • ........ 3
Buckinghamshire .. 425. .... %% die..... 3 die.
Caledonian .. .. 10 .... 9% 10 • • 10

.. .. .. 48%
.. .. 47'

. . 47 48

Ditto, Half Shares .. 2%.... 1 .. • ......
Chester and Holyhead .. 221/ .... 191,E • ....... • •
Derby and Crewe .. 2%.... 6% • •
Direct Manchester (Rastrick's) 51%
Direct Northern .. 2% .... I% 14 .... • •
Dublin and Galway .. .. 4 .... ••••• • • • •
Eastern Counties .. 141. 165..... 237% ...
Ditto New .. .. 10/. 165..... 7% p
Ditto, York Extension .. 105..... 1%% .....
East Lincolnshire .. .... % ..... • •
Edinburgh and Glasgow .. .. 50 .... .•••• • • • • •
Ditto 54 Shares .. .. 10 .... 16% .•
Great Southern & West (Ireland) 20 . 22
Great Western .. 85 ....143 141... •
Ditto, Half Shares .. • . 50 .... 80% • •
Ditto, Quarter Shares .. 5 .. 153 151% • •
Guildford, Fareham, 8s Portsmoth 5 .... 41,6 %........ 4%
Hull and Selby .. .. 50 ••.. . 103%
Ditto, Half Shares .. 15 .... 36% ..... 36%
Lancaster and Carlisle .. .. 40 .... 55 .......... 55
Leicester and Bedford .. 225. —..........34 dis.
Leicester, Tamworth, &c. 425. •• .. % die . . di!
London an i Birmingham . ..100 —2251/4 224...... 224
London and Black wall .. 161. 13s. 4d. .
Ditto, New .. 2% .• ••.•• • • •
London and Brighton .. 50 • • . 64% 65
Ditto ditto Fifths .• •• .. 30 .• .. 40% .. ••.. •
London and Croydon .. •. 13/. 153 9d... 22 .• •• •••• • •
London and South.Western••4l/. 6s. 10d... •
Ditto, New .. •. 1714.... 28 .
London and York .. 2% .... 11J4 ••• . • .....
Manchester and Birmingham .. 40 . 82 81% 83 • •
Manchester, Buxton, & Matlock 425. •• • • 36134 p •
Manchester and Southampton .. 2 .... 1% • ....
Midland .. ..100 ....149

Ditto, Birmingham and Derby 100 ....121 .........
Newcastle and Darlington Junet. 25 .... ••••• • .. •
Ditto, New . 1 .... 914 i ..
Newcastle and Berwick .. •. 15 .•.. 24 . • ...... •
Norfolk .. • • .. ~ • • .. 20.. • ... 25% • • .•• • .

North British 22% _ • • •
Ditto, Carlisle Extension 11h 1% • • • • • • • • •
Northern and Eastern .. 50 .........
Ditto, New • • .. 1 .. 20 .•••. • • • •
North Kent and Direct Dover .. 2% .... 1% .. ••.. • ..
North Staffordshire 425. •• .. 3% % p....
Oxfd.,Worcester, & Wolverlimptn. 12% .... %
Portsmouth Direct • • .. 334 •• • • .• ••• • • •
Richmond .. 10 .... .. ••• • • .
Shrewsbury and Birmingham .. 234 .... 214 • • ......
South Midland .. • • .. 425..... dis..
South Eastern and Dovor 33 % ••• . • •
Ditto. New (iss. at 321.) No. 1. 16 ... .... •• •
Do.. New (d 0.33/. 68.8 d.) No. 2. 10... 133 C .. ••.. •
Do., New (do. 151.) .. No. 4. 2%.... 2% ••• • •
West Riding' Union • • 425. • . •••• • • •
York aad North Midland 50 •• • • • •
Ditto, Half Shares .. .. 25 .... 48 .... •• •
Ditto, Extension . .. 15 .... 3314 •• •
Do. E. and W. Riding Exten.• • 1 .• .- 11% •.....
FOREIGN RAILWAYS.
Boulogne and Amiens: .. 14 .... 1234 .. ••. • •
Bord., Toul., & Cette kMackenzie) 2 .... 1% .•.. • •
Central of Spain .. • • • • • • 2
Jersey .. • • • • _
Luxembourg .•
Lyons and Avignon .. . • • •
Northern of France Constituted..
Orleans and Bordeaux .. • •
Paris and Lyons Constituted I ..
Paris and Strasbourg Constituted
West Flanders

4 .... 111 .....
5 .. 13

MINES.

Real del Monte, Unregistered 31( • • •• ••
United Mexican 281.23.834 d.. 31,4.. •• • •

I—sometimes under the shadow of Madrid papers of the 19th June of have arrived. They
aes in the flagrant eye of noon, contain intelligence fro .n Lisbon to the 16th. The
a the august gloom of midnight; greater number of the provincial juntas had been dis-
id arson, and agrarian tumults ran solved, but there had been some attempts at rioting in
afflicted provinces—it did seem Lisbon, attended, however, by no more serious catas-
only advisable, but absolutely trophes than the breaking of the windows of certain
to nerve the arm of Irish Conservatives. The people demanded the dismissal
s to arrest the progress of insubor- of the QUEEN'S Secretary and of certain Generals.
tstise the miscreants who were thus commanding in the provinces. The PALSIELLA Ministry
of the community in jeopardy, and
was becoming every day stronger, and the work of
pacification as proceeding. The Duke of PALMELLA
ty and the tranquillity of the 'inno-
had applied to the Bank and to the principal capitalists
monster evil desolated certain por- for advances on account of the Government.
-the ordinary powers of law proved MADRID BoLsA, APNE I9.—Three per Cents., cash,
able of eradicating that evil-ssome 33, and for paper, 33ir ; Five per Cents, 201 paper.
:cession of power was requisite to Ditto without Interest, cash, 6i.
with sufficient vigour. In ancient vs-
ary principle of resorting to present We have received the Paris papers of Wednesday.
purpose of ensuring ulterior free- According to the Consiitutionnel there is to be a
if into the office of Dictatorship. A bitch of seventeen Peers created on the 6th of July.
c.,llpwincr ttrP rnpritinnprl n thp riPw Aircmhprs of the