The Sun.
London, England, 1833-11-01 00:00:00

1. That the interest is brought to the just amount ;

2. That the monthly redemption of the Five per Cent;
ordered by the law, is continued ;
3. That it has not been judged necessary to pay off any
of the Six per Cent., not only as they were above par,
and the holders, therefore, did not require this payment
(decided by drawing lots), but still more, because
the established credit of the State does net admit of the
permanence of Six per Cent. Stock, and the Go-
vernment intends to propose measures for calling in the
whole of it;
4. That deviating in some measure from what had been
done in preceding budgets, the total of the old interest bad
been diminished by 8,400,000 florins, and not try 16-31,
because, in the course of the late negotiations, only the
sum of 8,400,000 florins, to be assigned toßelgium, has been
considered, and it was thought that, stating it in this
manner, would come nearer to the truth ;
5, and hasty. That it has been thought best to place a
part (about 2-sths) under the head of Extraurdinaries, in
order when tranquillity shall be restored, and our prosperity
more consolidated, to try whether a great part of these
extraordinaries may not be suppressed, and thereby the
true interests of the state made to coincide with the just
rights of the holders of the stock, for which neither
prospects nor means are beyond the reach of possibility-,
but respecting which all farther development would be at
present beside the purpose ;
The Government intends, in the sequel, to take into
consideration the institution of the Syndicate; but it is
agreed, on all hands, that under present circumstances any
change in this respect would be hazardous, and might be
attended with ruinous consequences.
I❑ the War Department, the placing 1,100,000 florin•
among the extraordinaries, proves that the greatest at-
tention is paid to that important branch of the public
expenditure ; the state of our part of the world, the situa-
tion of the c( untries that surround us, and the frontiers
of our own kingdom, have such an influence on the
amount of this branch of the expenditure, even in times
f profound peace, that the most experienced statesman
cannot precisely determine what may be required in future;
but with the moderate amount of the ordinary expendi.
ture to which it is now reduced (and which may well
bear the comparison with the amount in former
times when our country was at peace, and under the
different forms of government), we may confidently rely
on the care of Him to whom our fundamental laws have
confided the defence of the State.
_

With respect to the department of national industry and
colonies, that department will cease to exist separately at
the beginning of 1834, the first division being paid with
that of foreign affairs, so that the colonial affairs will be
quite distinct, and, with respect to the expenditure, have
no connection with the budget of the mother country.
In concluding my remarks on the budget of the expen-
diture, I observe that his Majesty has been pleased to
reserve from the total amount of tho public disbursements
a sum of two millions undisposed of. His Majesty de-
sires to lighten, as far as lies in his power, the burdens of
his faithful people. Proceeding in the course of retrench-
ment, he desires to gather the fruits immediately, and not
at a distant period, with the firm resolution of employing
the system as much as possible. Ile flatters himself that
it may be practicable to reduce the expenditure of 1834,
by nearly two millions; how and when this may be done
cannot be determined, but the good will to do it exists,
and with that many difficulties may be removed, and the
possibility of the execution is facilitated, his Majesty in
all cases reserving to himself the faculty to apply to you,
should unexpected circumstances oppose the realisation of
he K lag's wishes.
With respect to the ways and means, the taxes in ge-
neral have answered the estimates ; among them that on
the grinding of corn (Gemaal) has particularly answered,
no complaints whatever having been made against it.
The Government has been induced to venture once
more to resolve on proposing a tax on fuel.
The estimate of the duties on importation and exporta-
tion has been in some instances exceeded, and the amount
proves how well our merchants in the midst of the dif-
ficulties into which they were thrown so unexpectedly,
and without any fault of their own, maintained their
ground, and proceeded in the regular course of their
lusiness.
You will find that the colonies will furnish to the mother
country two millions of florins; 1,200,000 are put down
to the ordinary, and 800,000 to the extraordinary revenue.
This is a large sum ; it opens a cheerful prospect to our
country, and increases the credit of Holland in the midst
of its troubles. Far be it from me to attempt to deny
the distress of the moment, still less to conceal the ap-
prehension! that may be entertained for the future; but
so much I may say, that if we compare our financial
situation with that of other countries, and even with our
own, in many earlier periods of our history, there is
much reason to hope, and none to despair, that concord
at home, confidence in the Government, and peace abroad,
fluty very well bring the vessel of the state into a safe
baibour. Having mentioned the projects of law relative
to the ways and means intended to be brought forward,
his Excellency said--
" Having come to the end of my task, I have only to
recommend all this to your attention. lam most happy
that all I have now stated to you is as it were the echo of
what was lately said to you by the King, and to add,
that the more deeply it may be thought fit to go into the
subject, the more we shall be convinced that whatever
storms have burst over our heads, we have yet remained
standing,—that whatever injustice has been inflicted on us,
our dearest interests have been maintained by the protec-
tion of the Almighty, and by the fidelity and concord of
our countrymen, and that we may flatter ourselves with
the hope of a satisfactory Emit, and with pleasure repe+t,
in conclusion, the assurance of the King, that the
national credit in the midst of all these difficulties is
established on solid foundations.'"
PUBLIC EXPENDITURE.
Ordinary. Extraordinary
1. Civil List,
2. Secretary of State, Nc.
3. Foreign Affairs,
4. Justice.
15, Interior,
6. Reformed Church, &c.
'7. Roman Catholic Church,&c. 300,000
8. Marine,
p. Finance
A. National Debt, &c....

B. Expenses of the De- 3600,000 1,549,047
Ipartment, Pensions. &e., "
10. War, 11,600,000

Ordinary, 40,946,448
Extraordinary, 13,046,390

Total 53,892,5`A

THE Flacuz, OCT. 29.—The proposed Address wag
brought before the Second Chamber yesterday, by the
Committee, and referred to the sections, which immedi-
ately took it into consideration.

—.,
It was discussed to.day in a secret sitting, and was
unanimously adopted.

DUTCH FUNDS—AMSTERDAM, OCT. 29.
Actual Debt, 5 per Cent
Ditto, 234 per cent
Ainort Syndic' 434 per cent ..... ...
Ditto, ditto, 334 per cent..... 69% to 701 i
Voluntary Loan, 1831, 6 per cent....., lO2 to 1025!
Ditto, 1832, 5 per Cent.
Ditto, 1833, 5 per Cent.
Exchange on London
5
Ditto. two months
:.---Putch Papers, Oct. 30.

Mrs, An, Wignall,
of Kensington, has be-
queathed 4,0004 Three per Cent. Consols to the Norfolk
and Norwich Hospital.
The first eleven representations of Louis
XIII. at the Ambigu Conlique , Paris, produced 18,200
francs.
Some gentlemen in coursing the other day
near Grantham put up morewhich
than fifty partridges
had congregated together, a circumstance altogether unpa-
ralleled in the recollection of the venerable gamekeeper who
was in attendance on the party.
The suspension-bridge across the Avon at
St. Vincent's rock, Bristol, has been commenced. When
completed it will form one of the most curious works of
ropeptkind in Europe.
r'-'. .=-7-, f,...- HALIFAX MARKET.—There was very little
,s:: 'alteration in the state of , this market, last Saturday, from
_it. 44-,,, Whatjt WAS on the preceding week.

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LONDON,
FRIDAY EVENING, NOVEMBER 1, 1833.

The accounts from Spain in the Paris papers
of Wednesday, which arrived this morning, are
very favourable to the QUEEN REGENT. A
telegraphic despatch, dated Bayonne the 29th
ult. announces that General SAARSFIELD had
defeated the Carlists under the Priest MERIN°,
and dispersed other bands of insurgents. The
General entered Miranda on the 27th ult., with
the intention of marching on Vittoria and Bil-
boa. It was reported in Paris on Wednesday
afternoon, that a telegraphic despatch had been
received, announcing the entry of SAARSFIELD
into Vittoria. These papers do not confirm the
statement of M. ZEA'S resignation, which was
so confidently spoken of yesterday in high cir-
cles ; but that event cannot be distant, if it has
not already taken place, as the QUEEN REGENT
is evidently adopting a more liberal policy, and
is much under the influence of the French Am-
bassador, who will use every effort to displace
M. ZEA. The French Funds are very firm,
with a tendency to improvement.

FRENCH FUNDS.—PARIS, OCT. 30.
Five per Cents., 102 f. 35c.
Three per Cents., 75f. 40c. 45c.
National Loan, 102 f. 45c.
Bank Actions, 1,730 f.
Rente de Naples, 91f. 20c.
Roman } ive per Cents., 91.
Rente d'Espagne, Five per Cents., 1614 14.
Rente d'Espagne, Three per Cents., 3SSA.
Royal Spanish Loan, 78.
Rente Perpet. d'Espagne, Five per Cents., 64.
Belgian Loan, 1831, Five per Cent., 95y414.
EXCHANGE. ON LONDON.
One month, paper, 2.5 f. 30c. ; money, 251. 25c.
Three months, paper, 25f. 20c. ; money, 2511 20c.
—fours Autlaentique.

No account of the reported resignation of AI.
ZEA BERMUDEZ has been received at the Foreign
Office, or at the Spanish E►nbassy.

We refer to the extracts from Dutch Papers
in another column, for the Speech of the Finance
Minister. It will be seen that the game of pro-
crastination persevered in by the Dutch KING,
adds considerably to the public expenditure, in
the shape of extraordinaries.

The sentiments expressed by Lord DURHAIS
a few days ago at Gateshead, did more towards
inducing a belief that it is the intention of Earl
GREY to adopt a generous and manly policy,
both as regards the foreign and domestic rela-
tions of the country, than any thing that a
Member of the Administration could have said ;
but it is, at the same time, gratifying to find
that others who are so connected with the Ad-
ministration, that nothing can be expected from
them which would be disagreeable to their party,
hold an equally firm and reasonable language.
At a public dinner given on Tuesday last, at
Jedburgh, to Captain ELLIOT, that gentle-
man, in the course of his address to the meet-
ing, spoke as follows
Our political opponents, I will not call them ene•
mies, predicted other things from the change of Govern.
ment—they predicted, as far as I remember, that we
should have revolution, anarchy, distress at home, and
general war on the Continent. I had certainly no great
respect for the politics of our opponents ; but, if bad
politicians, they have prov,d themselves to he infinitely
worse prophets—(Great applause.) Has Holland, with
all the assistance of the Absolutes throughout Europe,
been able to disturb the general tranquillity ? Has she,
I say, been able to reconquer Belgium, determined to be
free? or has she been backed by a hundred thousand
Russians ? Has Prussia overrun that country, or has
France dismissed their chosen Mienl and patriotic King,
and called back the imbecile who bad broken faith with
the nation ? Spain has net overrun Portugal; nor has
that child (I don't know well what to call him), that Con-
servative and dear child, Miguel, been able to drive out of
Portugal those who were always termed by our opponents
mere banditti—(Great cheering.) If they have not
succeeded in one of these predictions, it has not been from
avant of support given by those favourable to absolute Go-
vernments on the Continent, and those who would like to
have an absolute Government in this country. We may
safely say, that events have shown that these are not the
days in which
ser eitherves—
Bourvooomtaoonrksßoerreamfoonredy—Carlists or Con-
servatives
to submit to the arbitrary dictates
foofrcea a na
y
tyran-
nical usurper,
in preference to the mild sway of a
Constitutional Government. We shall be told,
that

In Portugal, as Well as Holland, we Infringed neu-
trality, and that it was the English arms that insured
success. But I should like to know where was the

single instance of a breach of neutrality? Was this country
to see the millions invested in the property of British
merchants sacrificed to a tyrant, or were his Majesty's
Ministers to withhold, as individuals, the expression of
their opinions on the one side, if their opponents never
withheld their anxious wishes for the success of Don
Miguel on the other ? If priestcraft, tyranny, and abso-
lute power should find favour in the eyes of one party in
this country, surely mild and constitutional Government
should naturally look to the other party for their sym-
pathy and assistance."—(Cheers.)
We fully concur with Captain ELLIOT in
thinking that " these are not the days in which
either monks or money—Carlists or Conserva-
tives—BOUßMONTS Or BERESFORDS—can
force a nation to submit to the arbitrary dictates
of a tyrannic Usurper in preference to the mild
sway of a constitutional Government ;" but we
would take the liberty of reminding Captain
ELLIOT, that if the British Government had
spoken out more boldly, the tyrannical Usurper
alluded to would not have been so long per-
mitted to retain the fruits of his usurpation.
There is an opinion abroad that the English
Ministers and their adherents use language

towards the people which they disclaim in diplo-
matic circles, and that the continental despots
are willing to excuse their language, on the con-
dition that their acts do not partake of the same
character. Ministers, however, will, if they are
not sincere in their language, soon discover the

folly and danger of repeating sentiments which
are not to be realised in their conduct.

A Paris Paper states that Dr. BOWRING has
left Paris for England, and that previously to
his doing so he had several interviews with the
French Ministers of Commerce and the Interior,
on the subject of the proposed commercial
treaty between France and this country. In
these interviews, Dr. BOWRING is said to have
received the strongest assurances of the desire
of the French Government to enter into the pro-
jected mercantile alliance, but with an intima-

tion that very great opposition may be expected
from the French Chambers, the nation not being
sufficiently prepared for the liberal system which
must form the basis of the treaty. We do not
believe that there will be any opposition on the
part of the French Chambers, or of the nation
at large, provided due concession be made on
essential points ; but we will venture to predict
that if the French Ministry be not authorised
by our Government to propose at once a large
reduction of the duty on French brandy, as the
great concession on the part of this country,
there will be a general outcry against the projected
treaty. The great error of our Government in
the concessions which have been made to France
with respect to the duties on French merchandize
has been, that they began where they should
have left off, and the natural consequence has
been a denial of fair reciprocity. It was wise
to reduce the enormous duties on French silks,
on gloves, in fact, on all the articles of fancy or
luxury, which people were in the habit of
smuggling from France, because it was evident
that whilst the temptation to carry on a contra-
band trade existed the revenue must suffer, and

the expense of keeping a check upon illicit traffic
be much greater than the profit which could
result from it. But there was nothing in these
concessions to the fair trader which peculiarly
affected the interests of a large class of the
French people. The silk manufacturer, the
glove manufacturer, the maker of lace, and others
who had supplied the British market by con-
traband, knew that, notwithstanding the com-
parative low rate of wages in France, the
superiority of British machinery was such, that
our own manufacturers, when roused to compete
with the French, would soon be able to supply
articles at as low a rate as the French could do
after payment of even the reduced duty. In all
these articles the raw material (matiere pre-
miere) could be obtained as cheap, or cheaper,
in England than in France ; and as the price of
bread here was not 10 per cent. higher than in
France, there was nothing to prevent English '
manufactured goods from being sold here at the
same rate as French goods, or, what was of
still greater importance, their being sent
to Foreign markets, which had previously
been supplied by the French manufacturer.
Was it surprising, therefore, under these
circumstances, that the French Ministry, know-
ing how little effect had been produced upon the
French nation by our concessions, did not ven-
ture to propose to the Chambers such conces-
sions to British commerce as would have

amounted, in our opinion, to fair reciprocity ?
Had we begun loy reducing the duty on an ar-
ticle of extensive consumption in this country,
and which can only be produced in France, thus
leaving no chance of competition here, we might
have been surprised, indeed, at a denial of re-
ciprocity. We impose a duty of 225. per gallon
upon French brandy, whilst the growers in France
have their warehouses filled to the roof with that
article, and yet we expect the French to admit
our iron, which is as much a staple product to
us as the grape is to the French. If the British
Government wish to obtain admission of raw
and maufactured iron into France, at a low rate
of duty, and also the admission of coals, for which
there would be a great demand if the duty were
diminished, they will propose the immediate
reduction of two•thirds of the duty on French
brandy. Let them make their own demands as
the condi.ion of this concession, and we will
answer for their being accepted. It will be
said, perhaps, that the reduction of the duty on
French wines ought to have satisfied the French
nation ; but let it be remembered, that the re-
duction was merely a boon to the higher classes
in England, and that it did not increase the
consumption of French wines here to an extent
worthy of the slightest consideration. The
champagne and claret drinker has not exceeded
his former allowance ten bottles in the course
of the year, and the duty on the more generous
wines, or, as they are ignorantly called here,
the inferior wines of France, makes them too
expensive for Lhe middle classes. The English,
generally speaking, do not like the higher order
of
.French
wines. The stronger wines ( Fins
Capiteux), which are not liked in France,