The Sun.
London, England, 1834-10-10 00:00:00

TAW

LONDON,
FRIDAY EVENING, OCTOBER 10, 1834.

The Paris papers of Wednesday have all been
received, together with accounts from Bayonne up to
the 4th inst. In the Parisian political and commercial
circles nothing is:now talked of but Spain,—her wars,
debts, deputies, and dishonesty. The Spanish fund-
holders are preparing a protest against the decision of
the Spanish• Chamber, which shall not only refer to
the vote on the Guebhard loan, but to the recent reso-
lution of the division of the recognized debt into active
and passive stock ; in which the active debt does not
exceed two-thirds of the whole. The protest will be
signed by the most extensive and influential Dutch
and German merchants, together with the principal
commercialists in France and England. The impres-
sion is now becoming general, that no confidence can
be placed in pledges given by any pclty in Spain. The
consequences of this state of public opinion, for which
Spain may thank herself, will soon be found to operate
ruinously on the commerce of that country. We warned
her again and again of the abyss towards which she
was madly hurrying. 'We assured her that by an at-
tempt to defraud her creditors, she would only increase
her own difficulties a hundred-fold, in addition to the
tarnishing her own reputation, and standing forth among
the nations of Europe branded with the seared mark
of beggarly bankruptcy. We pointed out the differ-
ence be.cween a nation and an individual under embar-
rassruent ; and showed that there was not the slightest
analogy between them in such a case. We explained
how the former never dies, although the latter may be
tarried off to the grave before three days elapse; how the
one can never fly, hide, or disappear when pursued by
offended justice, whereas the other can enumerate more
ways of escaping than the fox in the fable ; how the
example of a nation taints the morality of kingdoms,
and subjects to scorn thousands of innocent individuals,
who were not consenting to the disgraceful and dishonest
schemes of those in power ; when, on the other hand,
the crime of an individual, who does not brave the
sword of justice, is sure to be followed by some punish-
ment—self-banishment being in itself both a punish-
ment and a confession of guilt—which is calculated to
deter others from following his example. But Spain
lent an adder's ear to all admonitions of the London
Press ; and of the seed which she now sows shall she
soon reap the ripe harvest.

But by far the most amusing paragraph in the
French Papers is an extract from the Augsburg Ga-
zelle, containing something almost in the form of a ma-
nifesto;issued by the King of NAPLES, against the fur-
ther extension of liberal opinions throughout the mighty
provinces of his great empire. His MAJESTY, it
appears, has strengthened his alliance with the supreme
it _ld of the Aline Council ; and, as a matter of course,
has cut the leading-strings which bound him to the

FRENCH FUND3.—Parits, Ocr. 8.
Five per Cents., 105 f. 35c 75c. 80c.
Four per Cents., WE 50c.
Three per Cents., 78f 10c. 78f. 78f. De.
Bank Actions, 1,780 f. 1,78:,f.
Rente de Naples, 95f. 60c. 96f.
Roman Five per Cents., 97.
Rente d'Espagne, Five per Cents., 43 42 42%.
Rente d'Espagne, Three per Cents., 28 26 27%.
Royal Spanish Loan, 234, 23 21.
Rente Perpet. d'Espagne, Five per Cents., 43% 42 43.
Belgian Loan, Five per Cents, 9:1% %4.

EXCLIANOE ON LONDON.
me month, paper, 25f. 35c. ; money, —f. —c.
Three months, paper, 25f. 20c. ; money, —f. —c.
- 'o4rs Authentique.

THE SUN, LONDON, FRIDAY, OCTOBER 10, 1834.

girdle of France. This is wonderful intelligence, cer- '
tainly, and must, as the French would phrase it, create
a mighty sensation among the European and Asiatic
Cabinets. We hardly know what. effect it will pro-
duce in the Celestial Empire; but those who know the
wonderful influence of Neapolitan councils in the affairs
of the universe, will not be surprised if, in the course
of a few weeks, it shall devolve upon us to announce
the arrival in Naples of the Grand Lama of Delhi
or Thibet, in the character of an Extraordinary Am-
bassador from His Celestial Highness the Brother of
the Sun and Moon, with secret despatches to the Pro-
tegee of the Emperor of AUSTRIA. Already has his
incensed Majesty declared " at dinner !" that he will
preserve at the expense of his Royal head, the minutest
particle of his prerogatives. These prerogatives he has
just began to exercise in prohibiting the importation of
foreign books and papers, and by forbidding the perfor-
mance of William Tell, and some other pieces of a similar
character at the theatres. Pity his Majesty does not
prohibit reading, writing, and thinking altogether ; or
that he does not publish a decree, declaring it damnable
in the next world, and punishable with death in this,
to .mcntion the word Revolution, or to believe that any
such thing ever happened as the disenthroning of
Kings for tyranny, or attempts upon the liberty of
their subjects. 'We are quite sure if he resolve upon
such a course, that Prince 'METTERNICH will lend
him every assistance in 11s power in drawing up
the edict, and likewise in carrying it into frill effect.
But jesting apart—and it is hard to be serious on such
a subject—what cares France for the impotent whining
of such snarlers at the heels of liberty as the King of
NAPLES ? His MAJESTY, though he may not be
sensible of it, is like the clown in the comedy, who
mistakes the respect paid to his sovereign for honour
due to himself, and of course swaggers about with all
the affectation of pomp befitting so magnificent a per-
sonage : for we verily believe, except for Mount Vesu-
vius and its eruptions, together with some literary
recollections connected with poetry, painting, and the
progress of the fine arts in Italy, half the great nations
in Europe would hardly know of the existence of
such a person as the King of NAPLES. But as for
thinking that such a King could check the march
of intellect—could repel the spirit of change,—
why, the world entertains no more fears on that
head, than it does a conviction that an Indian
could stem the rushing of the waters at the falls of
Niagara with a pair of paddles. His Majesty of
NAPLES had as well look to the gigantic power against
whose onward progress he would oppose the pageantry
of a toy-shop. Sceptres are straws, when raised against
Liberty, and knowing the liability of stubble to igni-
tion, kings might do worse than keep them out of the
way of fire.

The only accounts from the north of Spain will be
found in our extracts under the head of " French
Papers." A rumour prevailed in Paris that the Queen
of SPAIN was dethroned, which we suppose was got
up for some stock-jobbing purpose. Mention is made
of it in the following extracts, which will be found

interesting :
We have before us a petition to the King, induced by the
annihilation of Guebhard's Loan. It is an energetic argu-
mentative protest against a measure which ruins 10,000
French families, and deprives France of 40 million., besides
more than 20 millions of interest. Whatever rights the
petitioners, all tax payers, may have to the effectual protec-
tion of the government, they only ask that new and more
urgent remonstrances may be made to Spain, and in case
that country should persist in its projects of bankruptcy
and ingratitude, that it may be abandoned to itself. The
petition has already a great number of signatures.
PARIS, OCT. 7.—The report of the dethronement
(decheance) of the Queen of Spain, was spread on the 3rd
on 'Change at Bourdeaux.

The Election of the 4th says" Yesterday Spanish
Stock declined on the exchange of Bourdeaux. This de-
cline was ascribed to the report which was generally spread
of the dethronement of the Queen of Spain.
We do not know on what ground this report was cre-
dited ; but the fact is that the speculators were alarmed by
it. The Indicateur speaks of these reports in the follow-
ing terms :

It was reported yesterday on'Changethat the Queen of
Spain had been dethroned. No courier with this news
has passed through Bordeaux ; it is, besides, more than im-
probable—the conspiracy,which was to break out at Madrid,
having been discovered on the 26th, and the insurgents
having been repulsed from Old Castille, where Cuebillas
and Merino had attempted an insurrection. The first of
those chiefs having been completely defeated by Manso,
has repassed the Ebro, and is again wandering in Navarre
with Zumalacarreguy and the Pretender. As there are
letters from Madrid of the 30th which do not mention any
such event, it is not easy to guess what may be the founda-
tion of these reports. Perhaps they have been invented to
account for the fall produced by the refusal to recognise the
Royal loan."

We have more than once regretted that the great
variety of importart subjects, which daily claimed all
the attention we could give to them, prevented us for
upwards of a week, from making any observations on
the spirit of a letter, which will be found in another
column, addressed by a clergyman of the name of
HUTTON to a Mr. WESTERN, one of his parishioners;
and which we copy from the Western Times, in which
journal the letter first appeared. It is by no means a
rare specimen of clerical meekness, charity, and abhor-
rence of worldly lucre ; and though it touches upon
more subjects than President JACKSON'S speech upon
opening the Congress of the United States, still the
various parts are in such admirable keeping with each
other, and the uuiquity of purpose is so strikingly
obvious throughout, that it requires but a small share
of scholarship to be able to pronounce it one of the
most original documents in its way, to be met with
in any language. Were there less labour spent
upon it, and were it less finished, it might be
regarded as a perfect epic ; but in its present form it
possesses the requisites for a dozen of them, being
graced with about that number of beginnings, middles,
and ends. The enumeration of the subjects touched
upon in it, is nearly as difficult an undertaking as the
recital of HOMER'S catalogue of ships, or his descrip-
tion of the shield of ACHILLES; and yet the most
wonderful part is, that in the main drift of his
epistle, the parson is as consistent—as unique of
purpose as the poet. HOMER only aimed at display-
ing the greatness and glory of Greece, and the
splendor and prowess of her warriors ; HUTTON
simply seeks the downfall of an enemy of Mother
Church, anti the increase of his pastoral income.
But we must not pass thus lightly over the spirit
which too often dictates to the clergy of the Esta-
blished Church the writing of such letters—a spirit
which if not repressed with a strong and coercive hand
must eventually lead to the dissolution of the esta-
blishment. Let any one impressed with the great truths
of the Gospel—any one who has learned from the
sacred lips of the Divine Founder of Christianity, the