The Sun.
London, England, 1856-11-14 00:00:00

RISE OF THE RAT& OF DISCOUNT.

The Bank of England yesterday resolved upon
an advance to a uniform rate of 7 per cent.
It was on the 6th of last month they adopted 6
per cent. for bills not having more than two months
to run, and 7 per cent. for all bills over two and
under three months. There will lam be no dis-
tinction between the two classes of paper.
At the same time the course adopted on Tuesday
of declining to rediscount bills for the brokers hav-
ing more than 30 days to run will be persevered
iu. This, however, is not a matter of importance,
since it is a practice constantly resorted to when-
ever the immediate prospects of the money market
have been of an uncertain character. Moreover,
the usual monthly loans will be made on all hills
maturing within 95 days.
The announcement of the advance to 7 per cent.
ooca.ioned considerable surprise. Last week a
in
couldl fsaet
' occupy.
general impression prevailed of the passibility of a
new, movement, but the anticipation had since,
without any very clear cause, almost wholly sub-
sided. Nevertheless, there has been every dispo-
sition to recognise in it a continuance of the sound
policy which kept the financial world free from all
shocks during the war, and which has thus far
averted the possibility of our being permanently
damaged by the subsequent break up of the conti-
nental inflation.
In the five weeks since the last
.advance was
notified the Bank bullion has undergone a further
diminution of more than a million, and the foreign
exchanges have in many quarters necorne less favour-
able, while the applic,,tions for discounthavelately
been on a scale again to trench on the reserve of
unemployed notes. The fact is also to be noticed
that these immediate changes are not to be attri-
buted to any unsound action on the part of the
Bank of France. If such were tie case a new rise in
the rate of discount would scarcely be of much use.
But that establishment for two Or three weeks past
has abstained from its irregular operations, and
the French rate of exchange has consequently again
approached a point at which gold might be sent
away in ordinary course. The question was, there-
fore, whether this condition of circumstances was
to be allowed to go on. It is true the arrival of
the overdue gold from Australia might exercise an
influence on the continent, whither it would be at
once despatched, which would react well on this side,
hut it could not do more for the moment than
prevent the in iney market from becoming worse,
and the thing desired is an action that shall put an
rr end,prevails,
aiiflspossible,
otdouoteh, e
ifchornelnyic uncertainty that
manner, a turn of the tide. Wihnatahva
resolved upon may not even effect that object, and
it is quite certain it will not do more. That it is a
measure in the rightanddiiastitoonmusthtesaerkinyveofgorerraaerdb,eeubeatneol
beyond' question.
Meanwhile, it cannot be too distinctly repeated
nZthoonulyt:tthheatsltihgehtpersetsooenmt awdevracniaele
What
1:
ante 11 crash ragsohinign
apprehension,shouldf b e viewed
t
that the public might still remain free rom. alarm,.
art of other coun-
trieswhatever rate might be adophteedp.
on is merely a scratmhebylearoen
avoid
for our money,
readyt to offer'
anylvtaehs:nathgn:.
their speculations
teiuroYsnt.ghii:o6l:
evidence tliat
I they will of course unlesssucceed,
keep up to the fell range of their biddings. Money
: being
u o
character
.11arfA)revieesfrmit
we are the only people who have any to spare, and
that w e are
satisfactorystill
better
commercerathergteeru, d than
e
taltiof they are to
is the most
t coam commodity,
olinatnt:eod fi
dtlra' this
ili kuePp6oes everything
i happen we could not find" ourselves
greater security than that which now exists. If
- our manufacturers are obliged to 'pay
•7 per cent.
such Cwhodtillstlirmb4nces
, for their capital, all othelizauufactur(r3 are obliged
to make greater saeriticeti: and hence, our power
of competation.not being iiijUred, we -have on)y to
• make a proportionate inereia% in
the charge for
our productions. indeed, As it is plain from the
extent of our imports, the guarded nature of our
trade, our sufficient h abstinence
arrest, and our
from commitments from foreign or home enter-
prises calculated to absorb our means that we have
not laid the foundation of
may rest assured that the only duty. we now owe to
ourselves is to have faith in our own SOUP'S. .Ss, and
1 not to allowthe real bearing of such measures as
the Bank have lately adopted to be misrepresented
or made in any quarter the cause of idlepanic....
Times' city Article. - '

pIIRSUA:•:IT to an Order of the High Court cf
Chancery. m.zde in a came where;n:Thos rienr Stran zways
Is plaintiff, and Richard Baker Leslie defends., t, all perso,ns e;aiming
to he Creditors of WILLIAM LESLIE, late of Mark am place,
Chelsea. In the county of Middlesex, gentlemen, the intestate in the
proceedings named, who died in or about the month of August, 1353,
are by their solcitora, on or before the 9th day of D cernher, 14 h 6,
to come in and prove their debts at the chambers of the ree-Chan-
oeltor Sir Richard Torin Kinder,ley, No. 3, Stone-bunchily, Lincoln's-
inn. Middlesex, or in default ther'of they will be peremptorily ex-
cluded from the benefit of the said Onler.
Tuesday, the 16th day of December, 1856, at Three o'clock in e
afternoon, at the said Chambers, is appointed for hearing And adj the
afternoon, at the nald Cleambers, Is appolnted tor hearing nd adjudl-
.stlril upon the claims.
Dated this sth day of November, 1856.
CHARLEA PUGH, Chief Clerk.
L MBE-AT, WIII ['MORE, and HAMPTON',
7, John-stre, t, Bedford-row, Plaintiff's Solicitors.

TIER MAJESTY'S THE ATRE.—
M. JIILLIEN's CONCERTS.—L=AST
APPEARANCE but ONE of CATHERI HAYES.—
M. Julien's New Grand French Quadrille.—Programme for
VHS EVENING (Friday, Nov. 11), to commence at 8
o'clock :
Part I. Overture, Euryanthe (first time this season)—
Weber ; Quadrille, from Rossini's opera Semiramide :
Symphony, Andante in E flat, from the Symphony in C
Minor—Mendelsohn (se-ond time this season); Grand Scena.
" Softly sighs," Der Freise' utz (Weber).Catherine
Hayes (her last appearance but one) ; Solo Oboe, Souvenir
de la, Montagne (Lavigne) M Lavigne ; Polka, MY MarY
Anne (fifth time)—Jullien (dedicated to Mrs Barney
liams); Symphony, the Andante, from Snohr's Symphony the
Power of sound. descriptive of the Creation of Music —S ,ohr ;
the French Quadrille, sixth time of performance (Julien),
composed as a compan,on to the English Quadrille, on French
popular melodies, military airs, marches, &e. Introduction :
"Rendez moi ma Patrie, on laisocz moi mourir," performed
on the carnet-a-piston by Herr Kcenig. No- 1. "Le Petit
Tambour," marche et chanson. No. 2 " La voila cette
France cheric," national song, with variations for flute,
flageolet, oboe, clarinet, and cornet performed by MM Dc
Foley, Young, Collinet, Lavigne, Sonnenberg, and Koenig.
No. 3. " Veillons an saint de l'Empire " No 4. "Le Pitit
Caporal," with four variations for ophlcleide by Mr. Hughes.
No. 5. " Monaco." an old French tune, favorite of Na-
poleon 1., and performed gener,lly at his appearance by the
military bands and fifes of the old Empire Finale : " Por-
tant pour la Syria." " Viva l'Empereur " An interval of 2.5
mil:totes between the parts. Part 2. Opera, Grand Oneratic
Selection from Verdi's opera, Il Trovatore, with solos for
oornet, oboe, and ophicleide, by Herr Koenig, M. Lavigne,
and Mr. Hughes ; Ronde Finale, " h, non ginnge," La
Sonnambula (Henna), Miss Catherine Hayes—Valse, La
Prima Donna (hy desire)—Jullien ; Corneto Obligate, Herr
Koenig ; Solo, Violoncello (Sery tie) M. Eemunck, jun. ;
Symphony, Allegretto in B fiat, from the Svmnho"y in F
Beethoven ; Valse,Zerlina -Kcenig ; Galop, Pelissier—•
`'Al-
bert. In rehearsal, and shortly will he perform- d (for the
first time) a Grand Selection from Verdi's celebrated opera
of" La Treviita," with solos by M'ssrs. Le FI ; Lavigne,
De Folley, 13,nnenberg, Dulvm, Hughes, a•,(1 Koenig. Con-
ductor—M. Julien Promenade, Is ; dress circle. 'is td. ;
private boxes. l'"ot 6d., 's , and inwards. Private boxes
to be secured of Mr Nugent, at the box-office of the theatre ;
at all the principil libraries and musicsellers'; and at .Tullien
and "in.'s, 214, Rezent-s' ITel,

THEATRE ROYAL, DRURY LAN E.—
IJ.sßee, Mr. E. T. Smith.
Acting M mazer, Mr. C. ITathows Stage Manager, Mr. R.
R,aby. Scenic Artist, Mr. W. Beverley.
ITALIAN OPERAS, COMEDY.aneI BALLET, every Evening.

during the Week. at 01(1 Play house Prices.
Upper Gallery, Is. ; Gallery, is Pd. ; Pit, 3s. ; 17nner
Boxes, 3e. 'd. ; First Circle, ss. ; Dress Circle, 7s. ; Stalls,
10s. Pd. ; Private Boxes, one, two, three, and four pine s.
In consequence of the extraordinary and unprecedented
success that has attended the introdnctisn of ITALIAN
OPERAS at Drury-lane, the Lessee begs to announce that
he has re-entered into arrangements with Messrs. Cramer,
Beale, and Co., who have succzeded in prevailing upon the
eminent Italian Artistes to foregs their Continental engage-
ments, in order to appear for a Few Nights Longer in the
most celebrated operas of the great composers: —Madame
Grisi, Madame Ruderedorif, Madame A.madei, Madame Sed-
lazek, and Maaame Gassier ; Herr Reichardt. Signor Valpini,
Mons. Gassier, Signor Lorini, Signor Alhicini, Signor Rovere,
Mr. Tennant, and Herr Formes. Powerful band and com-
plete chorus under the direction of Signor Li Calzi.
THIS EVENING, her Majesty's Servants will perform the
comedy of THE BUSYBODY. Characters by Mr. Charles
Mathews, R. Roxby, A. Vounge, Tilbury, Vincent ; Miss M.
Oliver, Miss Wadham Miss Bulmer, drc.
After which, the Last Scene of LA SONNAMBULA.
Arnim', by Madame Gassier.
To be followed by he Second Act of DER FREISCHUTZ.
Supported by Madame Rudersdorff, Mdlle. Serllatzek, Signor
Albicini, and Herr Formes. Terminating with the celebrated
Incantation Scene.
T. conclude with a Ballet Divertissement, in which Mdlles.
Emilie and Jenny Cement will appear.
Boxes stalls, and places can he secured of Messrs.
Cramer, Beale, and Co., Regent-street, and at the box-office
of the theatre, frond 10 till 6. To prevent disappointment
an early application is solicited. The Free List will
be entirely suspended.