The Sun.
London, England, 1851-03-01 00:00:00

hensions of the commumity—the Puseyite and Trac-
tarian predilections of a numerous body of the
clergymen of the Establishei Church, and which if
persevered in was eminently calculated to endanger
the Protestant institutions of the country.
The traitors within the citadel were un-
doubtedly more formidable than the enemy without;
the internal strife was more fatal to the well-being of
that church than any external attack could possibly
be. But, though we have had a measure introduced
to obviate the consequences of that " aggression by a
foreign Sovereign," which, notwithstanding the
virulent opposition which it encountered on the first
reading, was affirmed by a❑ overwhelming majority
of 332, nothing has been even suggested against
the more alarming danger arising:from the "clergymen
of our Church, who having subscribed the Thirty-nine
Articles and acknowledged in explicit terms the
QUEEN'S supremacy," have been most .forward in
leading their flocks, "step by step, to the very
verge of the precipice." Nothing has been done to
remove those who "are with us but not of us," who
are in the enjoyment of high preferment and hand-
some revenues from ecclesiastical sources, although
not acknowledging the fundamental principles of that
Church, being a sort of half-caste between the two
great creels, although holding a far larger proportion
of the Rcman Catholic than of the Protestant doc-
trines.

Gen. Steam Navigation .
Penin. & Oriental Steam.
Royal Nail Steam .. • • ..
iwe cannot be answerl
will not be influenced by

The dangers arising from this source have been most
ably exposed in a pamphlet* which has recently
appeared is the shape of a letter to the Lord Bishop
of LONDON on the promulgation of the recent Papal
Bull. The learned author proves that the Papal re-
script is the natural consequence of the Tractarian
movement—that " it is a bird from the Puseyite nest."
He censures the culpable indifference, or rather direct
encouragement, which some of the bench of Bishops
afforded to the innovators in the early part of their
career, and which eventually produced the evils that
are so deeply to be deplored, but which were totally
disregarded by the great majority of the prelates and
dignitaries of the Church, until they found that "their
revenues, episcopal and cathedral, were about to be
swept into the coffers of the Vatican."
On this subject the learned author thus addresses
the Right Rev. Bishop :

Rest

Decrease

Public Deposits

Increase .

Other Deposits ...

"The subject which at present agitates the public mind is one
of most intense interest. Looking to the ascendancy which
PUSETI93I has,within the last twelve years gained amongst
us, and to the numbers that have joined the Church
of Rome, we see but too painfully the sad and solemn
fruits of it. It is to its activity and influence that this vol-
canic eruption in the religious world may be traced. All
the evil we are now bewailing has its source in the schism
of this party, and their abandonment of the reformed faith.
A deep responsibility attaches to your Lordship, if it shall be
found that you were accessory to it. You are very generally
believed to be so, and sufficient evidence is not wanting to
establish the fact."

In proof of this assertion he refers to the corre-
spondence which took place, in 1843, between the
Bishop and certain members of the congregation
holding pews and sittings in St. Paul's Chapel, which,
coupled with the charge of the Bishop of EXETER in
1845, " may easily account for the prognostic of the
Vatican and the vicars-apostolic, that before many
years passed away England would become a Catholic
country, and the crucifix of St. PETER'S displace the
ball of SL PAUL'S." Ite then proceeds to show the
true nature of those attempts that were regarded with
so much leniency by the Episcopacy :

" There are mysteries in the world of theology as well as
in the ratural world, and we must content ourselves, there-
fore, with authenticated facts, without seeking for unsearch-
able causes. One fact is, beyond all, prominent; and it is
this :—That there is a powerful religious party in the Church
who are for bringing us under the priestly authority of the
darker ages, and restoring that dominion from which the Re-
formation set usfree. _

SATURDAY EVENING, MARCH l, lB5l.

'able for

intereste,

Increase
Seven Day and other Bills
Decrease
Government Securities
Other Securities
Increase

Paid. Nominal kricez. Busuiess do
to-day.
--------
Anglo-INTexican(ls. Si. p.) 100 . •
Asturian • • • • 15
Australian ••..••• • • • • • 4 3 —2%
Barossa Range 1 13 0 3% —3%
Blaenarvon Iron and Coal 50 .•
Bolanos Scrip •• • • • • —• •
British Iron ...... • ..... 13 5 . • —• .
Brazilian Imp (is. 51. p.) 24% —• •
Do. Comes and Cuiaba 30 32% —32
Do. St. John del Rey • • 15 14% 13%
Cobre Copper ..... ... 40 32% - 34%
Copiapo ............ .. 14 5% 614
Genera 1................ 20 13% 14
Real Del Monte, Uureg. 3s
Do. Black Debentures . • • •
Do. Red Debentures .. • • • •
Santiago de Cuba ...... 10 714 6
Tin Croft 7 10% 11
United Mexican........i28 28% 654 —5%
MISCELLANEOUS.
Canada .............. 32% 1234 —46
Gen. Steam Navigation . 14 26% 27%
Penin. & Oriental Steam. 50 GS yy —7 e%
Royal Si ail Steam 60 73 —69

he errors of the Official Lists, and
A correspondents.]

MONEY and COMMERCIAL NEWS,

(.7TY. TWO O'CLOCK.

The sales of Cotton at Liverpool yesterday were 4,000
bales, with a steady market. Railway Shares were firm at
Previous rates.

The business transacted by the Bank of England during
the week to the 22d ult. rather increased, and with the en-
couragement afforded by the reduction in the charge for
loans, we may expect a further augmentation in the item
" other Securities." The Public Deposits are fast rising
and presumably will stand well by the close of the financial
quarter. This contracts the circulation. Compared with
the previous return, the following changes are apparent :
Notes Issued . £27,762,085
Increase... ... 3,865
... 3,273.872
.. 52,908
~. 7,617,014
452,530
••
. 9,497,5 9
.. 7:3,840
.. 1,062,436
66 854
No alteration.
. 12,135,618
247,257
Notes ... 9,049,075
Increase '2,11,180
Bullion ... ... 14,433,537
Decrease 37,964
Active Circulation 18,713,010
Decrease 197,315
Yesterday afternoon Bills of Exchange upon the principal
continental cities were negotiated at higher rates, and from
Hamburgh and Paris we are advised of an improvemement.
The uniform tendency of the foreign exchanges recently has
been to improve, and the following figures, compiled for a
banking contemporary, will more clearly illustrate this :

Premium London on Gold dearer

London on on Gold Hamburgh in Paris
Weeks ended Paris three per mile 3 months' than in
1850.1. months' date. at Paris. date. London,
1. c. f. per cent.
July 26 ...... 25 65 9 13 11 .11
Dec. 21 ...... 25 12 par 13 4 1. 0
Jan. 18 .... . 25 20 13 5 .60
Feb. 8 ...... 25 17 „
3 dls. 13 63( .50
„15 ...... 25 2234 3 „ 13 634 .40
„ 22 ...... 25 25 3 „ 13 614 .40

The English Funds have been decidedly better upon the
explanations given in Parliament last evening, and the hope
that Lord John Russell will retain office. Consols have been
done at 964 to for Transfer, and at 96i for Account. The
New Three. and-a-Quarter per Cents, have been at 9Si to 99,
and the Three per Cents. at 97 to A. East India Stock has
been 262 to 265. Exchequer• bills have realized 505., and
India Bonds, 51s. to 545. prem.

Foreign Securities are dull. Portuguse Four per Cents .
have been quoted 33i to 34. Spanish Three per Cents. are
nominally 3 4 to 38i. Peruvian Four-and a.l-lalf per Cents.
have been at 83. Chilian Bonds are 104. Mexican have
risen to 33% and 341/.

Shares are all very buoyant, and at further advanced

QUARTER TO TFIRR,.,
(lons°ls
Ditto Account, March 12 ... 96t
BRITISH FUNDS THIS DAY AT ONE O'CLOCE.