The Sun.
London, England, 1851-02-19 00:00:00

THE SUN, ' LONDON, WEDNESDAY EVENING, FEBRUA

Then, again, the apologetic phrase with which the
Chancellor of the Exchequer announces his determi-
nation to maintain the execrable tax upon incomes, is
nothing more than the remark that it is a tax to
which the nation has become accustomed! So are
eels accustomed to skinning, according to an old and
proverbial figure of speech—the origin of which we
commend, by the bye, to the research of Come
among the ingenious contributors to,
~Notes and
Queries. As accustomed;as eels are tol' 4 ping, are
the people of this country to the income tax ; and
as eagerly will they rejoice at being thus tumbled
" from the fry ing-pan into the fire," by consenting to
the re-imposition of this object of their abhorrence.
The truth is, that Sir CHARLES WOOD has been so
long playing at Chancellor of the Exchequer that he
has puzzled himself es well as the national finances
into a state of bewildering confusion. Upon no other
supposition we can account for the egregious blunderings
which have rendered his last Budget conspicuous among
all others for its ludicrous and transcendant absurdity.
No other imaginary clue can we discover through
the tangled mazes of his inextricable statement.
Travestying the memorable couplet applied to
SOUTHEY in the Dedication of Don Juan," we may
speak of the unfortunate man now presiding over the
financial affairs of Great Britain, as
" Explaining misty Budgets to the Nation,"
(and add as fervently as Lord BYRON),
" I wish he would explain his explanation."

A. preliminary effort at retrenchment is even now
ly,ing made in the household arrangements at the
Elysee. This diminution of expenditure we regard
as a very delicate feeler thrown out to test the real
sentiments of the population. A straw cast into the
air will show how the wind blows ; and a horse or
two parted with just now by the PRESIDENT of the
Republic is enough to demonstrate the leaning of
public opinion. From the views articulated by the
masses in consequence of these recent proceedings on
the part of the chief magistrate of the democracy,
some reasonable conjecture may be formed of
the fate which is awaiting the members of the
Legislative Assembly. A little while longer, and we
shall see whether the national representatives will be
degraded from their senatorial functions, or rendered
the lords paramount of republicanism. E verytlaing con-
sidered, the Prince Louis NAPOLEON could scarcely
have acted with more consistent circumspection. His
endeavours, at the outset, were scrupulously of a
conciliatory character. Finding, however, after re-
peated attempts to reconcile adverse parties in the
bosom of the Legislature, that, like PORTIA.--.
" He might as well go stand upon the beach,
And bid the main-flood bate his usual height;
He might as well use question with the wolf,
Why he bath made the ewe bleat for the lamb;
He might as well forbid the mountain pines
To wag their high tops, and to make no noise,
When they are fretted with the gusts of heaven;"
the PRESIDENT at last roused himself from his atti-
tude of forbearance, and, at the risk of estranging
from himself the very power upon whose caprice tho
amount of his annual dotation was dependent, flung
his gage down boldly at the foot of the Legislative
tribune, and awaited with serenity the consequences
of the great Parliamentary contention. For his
equanimity he has long been admired by the least
generous of his observers. By his courage, under
the most adverse circumstances, ho has extorted
the eulogiutns of the most phlegmatic.
With the force of his probity, of his
faithfulness to his oaths, of his general allegiance
to the Constitution, he has won the confidence and
secured to himself the sympathies of the multitude,
both in the metropolis and the departments. It
has thus come to pass that in the capital
where a public man usually finds himself within
a few months reduced from the height of
,
power to the level of citizenship Lou NAPOLEON
has been enabled to preserve his popularity during
IS
upwardsalmost without an-
cept ibl e
fluctuation.tw o
yea
,per
Elected in the December of 1848,
he is still able, in the February of 1851, to traverse the
streets of Paris, amid the respectful salutations of its
inhabitants, sometimes even greeted by them with
a degree of enthusiasm.

Since the intimation recently given by the Fx4.,

Lord DUNCAN must have appeared to be another
LEUCOSIA. harping upon one string, after the fashion
of PAGANINI, while the Honourable Gentleman the
Repesentative of Montrose, in the character of LIGEIA,
played a staccato accompaniment to the warbling of
Sir JOSHUA WALMSLEY. Either this must have been
the case, and Sir CHARLES WOOD must thereupon
have shut his senses against the perilous witcheries
of the Reform PARTHENOPE, or—'' between you and
me and the post"—he must have been as
deaf as the last mentioned. The effect of the
whole bungling movement, indeed, is so preposterously
extravagant as to be laughable in spite of all its in-
evitably disastrous consequences. Every one is pro-
claiming the necessity for a remission of the window-
tax—and the Chancellor of the Exchequer is com-
pelled to acquiesce in the truth of the assertion ; and
every one is proclaiming as loudly the necessity of
not imposing a house tax—and the Chancellor of the
Exchequer drops himself deliberately plump into the
dilemma. Common sense tells one immediately that
the Minister has been incited to this step by nothing
less than a sublime combination of stupidity and
perverseness.
After the first sensation of chagrin experienced
in the examination of the financial statement
for 1851, the feeling excited by it can really be but one
of a most fantastic and ridiculous character. The re-
ception accorded to some of its more notable passages
in the House of Commons afforded a rather signifi-
cant token of this—the Members greeting those por-
tions with derisive laughter rather than with serious
expressions of indignation. Indeed we are disposed to
doubt very much if the drollest farce at the Adelphi
be more effectually provocative of risibility than this
latest financial farce at Westminster. WRIGHT
may be all very well in My Precious Betsey,
but we. would; wager long odds .on the
greater absurdity of WOOD in His Precious
Budget. He plays the juggler with this impost and
with that, like Rasso SAMEE with the gilt balls and
the dagger. Up goes the window duty, and down
comes the house-tax. Here he gives us a spoonful of
coffee, and tries to reward us for swallowing once more
the nauseous tax upon incomes by doling out another
lump of sugar. He extorts from Sir JOHN TYRELL
a most disinterested panegyric on chicory—though,
by the way (and strictly " under the rose," re-
member !) talking about disinterestedness, we
don't quite forget the acknowledgment made
last year by the Hon. Baronet the Member
for North Essex, to the effect that he himself was
rather an extensive growerof this same commodity, at
once an article of consumption and adulteration !
Added to all which, the Chancellor of the Exche-
quer, taking a hint from his own patronymic, induces
JOHN BULL to "shiver his-timbers" as emphatically
and as frequently as the veriest salt-water Jack
aboardsbip. Last year this very redoubtable states-
man flung a little brick- dust into the eyes of the com-
munity for the purpose of blinding it for a while to his
suspicious method of appropriating the surplus of the
revenues. This year, the attempt is yet more lamentable.
May we be forgiven, for ence, the employment of
the vulgarism ?—when we regret the present Budget
not only as a Shabby Budget, but as a Seedy Bud-
get. A reduction of the already diminished duty on
clover-seed and grass-seed may be all excellent
enough in its way, but the famished appetite of the
agricultural interest is surely not to he satisfied by
pickings suitalele rather for a linnet or a tom-
tit ? With the abandonment of the window-
tax, or rather, we should say, with its nomi-
nal abandonment—for the tax comes actually to
the same thing in the end —we are to
witness the imposition of a yet more intolerable bur-
den in its way, a heavy and grinding tax upon houses.
So that the grace of all the concessions made before
this in reference to the imposts laid indirectly upon
our domestic tenements—the grace of the abandoned
duties on glass, on bricks, and now again on
windows, and on timber—is to be forgone in " one
fell swoop," the half-abandoned burden being again
imposed on society in the more onerous and more in-
tolerable form of a tax levied upon houses. The
excuse offered for this by Sir CHARLES WOOD is to
the effect that, according to his thinking, the objec-
tion exists rather in the mode of assessment than in
the actual principle of a tax on residences ! As if,
forsooth, the people were squabbling about a name or
a formula, and not groaning loudly and indig-
nantly under the pressure of a no-longer-endurable
grievance!

SIDENT to the Assembly, of his resolve to exercise his
magisterial functions in their fullest integrity, the
genuine feelings entertained towards himself perso•
nally have been disclosed in the heat of discussion.
Altering the beautiful lines of MooRE for the sake
of their application—
" As letters some hand hath invisibly traced,
When held to the flame will steal out to the sight,
So many a feeling that once seemed effaced
The warmth of a contest like this brought to light."
The latent prejudices of BERRYER in favour of the
doctrines of legitimacy have in this manner been ren-
dered apparent by the rash and unpremeditated ardour
of declamation. The sinister friendship of THIERS
has been unmasked by the sudden agitation. While
the magnanimity of LAMARTINR and the chivalric
courage of MONTALEMBERT have yet once more shone
forth with peculiar lustre—shedding a glory upon
the French Legislature even in the midst of its
gloomy evidences of turpitude. If for nothing else,
therefore, the PRESIDENT will have reason to exult in
the e%cts of his recently developed policy, for inas-
much as it has enabled him betimes to discriminate
between his friends and his enemies. Some such re-
velation of the reality was essential before the opening
of the campaign for the revision of the Republican
Constitution , or, otherwise, the projects of the
PRESIDENT might have been baulked in their
very commencement. After the eclaircissement
provoked during the past few sittings of the
Assembly, the Prince Louis NAPOLEON requires
no further warnings as to the quarter from
which he may anticipate the most dangerous opposi-
tion. The traps laid for him have been rather pre-
maturely stripped of their specious coverings. The
hollowness of the ground in one quarter has been re-
vealed beyond all possible misapprehension. He must
now thank himself alone for the consequences if he
fail in the struggle which must very shortly begin,
the struggle of which we have as yet only
been watching the preliminary skirmishes—the
struggle for mastery between the antagonistic
powers of the Republic, the Assembly and the Pre-
sidency, the Legislative and the Administrative de-
partments of the Republican Government. One or
other of these powers must succumb during the
course of the contention—their battle being not so
much for mastery as for existence. Both cannot
survive. One must be left in the field conqueror, and
conqueror only after the annihilation of its antagonist.
Upon the issue of this momentous struggle the des-
tinies of France, and not only the destinies of
France, but the fate of Rurope, are dependent.
Therefore it is—seeing the incalculable importance
of the result to the principles of democracy and the
general interests of civilization—that we keep looking
forward with eager and even breathless anxiety to the
ulterior revision of the Constitution. Aware of the
internal dissensions of the Assembly, conscious of the
irreconcilable hatred estranging its divisions from
eaoh other, Louis NAPOLEON may anticipate with
feelings little less than those of serenity
the gradual approach of his triumph over
the Legislature. That is to say, if he still
continue faithful to the cause with which he has been
hitherto identified—the cause of social improvement,
of national prosperity, of peace, and of progress. To
none of these has the PRESIDENT been hitherto a
traitor. Unless he be induced rashly to forego the
position which he assumed on his elevation by six
millions of votes to the chair of the Presidency, his
independence of the Legislature may be regarded as
secure, what though the refusal of the latter to grant
an increase to his dotation compels him for the time
being to display his abilities in the character of a
domestic economist.

Mr. Anstey requests us to contradict most em-
phatically the statements put forward in the Cork
Examiner, and copied into the London newspapers of
this morning—ia reference to his correspondence
with his constituency. No such letter as the one
printed in those journals, with his signature attached,
was ever penned by him, and consequently no such
letter was ever transmitted in answer_ to the electors
of Youghal by their representative.

LLOYD'S SHIPPING.—(THIS DAY.)
LONDON. Fan. 19.—Wind at noon S.S.W., light breeze
and dull cloudy weather.—The Foam schooner, of Inver-
ness, was abandoned 28th Nov., in the North Channel, off
Rathlin Island, after being in contact with the Grace,
Ardrossan to Bombay, which vessel took off her crew and
transferred them, in lat. 3 N., long. 22 W., to the Duelbrook,
arrived off Brighton.
WAINFLEET, FEB. 17.—The Commerce, from Lynn, has
come on shore off Saltfleet ; the master refuses assistance,
under an impression that he shall get off by the night's tide.
ATHENS, Fr n. 5 A plank, marked " Kock, London,"
and an empty chest, supposed to be from some English vessel
lately wrecked on the Devil's Island, have come on shore at
Koumi, Island of Negroponte. A number of vessels, mostly
Greek and Turkish, have lately been wrecked on the east
coast of Negroponte.
BOMBAY, JAN. 17.—The Bidston, from Liverpool, and the
William Darley, for Hull, have severally damaged their
cargoes.

ABERYSTWITII, FEa. 18.—The Medora smack, of Jersey,
from Cardiff, which arrived here on the 10th inst., fell over,
filled, and it is feared has sustained considerable injury.
QUEENSTOWN, FEn. 17.—The derelict vessel brought in
here yesterday, proves to be the barque Clytha, of Queens-
town, from St. John's, New Brunswick, boundhers with a
cargo of deals and bitch timber; she has been long since
abandoned, and crew returned home. There is but little of
value left about her.

W.tunz.N Pomr, FEB. 17.—The Margaritha (before re-
ported as the Marietta), from Rotterdam, which ran on
shore in the passage between this place and Newry, 15th
Feb., has been got off, and towed into dock, with consider.
able damage to her cargo, but apparently little injury to the
vessel.

DEAL, FEB. 18.—Wind W.S.W.—Arrd. Lady Rowena,
Bombay ; Doorno, Coast of Africa ; Norman, Harrison, Co-
lumba River; Cuthbert, Young, Callao foil Berwick ; Earl of
Newbury, Santa Martha. Arrd. from the River, Ma-
gellan, ghanghae ; Boding, Porto Rico.
Cowan, FEB. 18.—Wind S.W.—Arrd. Diana, Valparaiso.
DARTMOUTH, Fan. 18. Wind S.W. Arrd. Volo,
Pernambuco.
FALMOUTH, FEB. 18.—Wind W. S.W., strong.— Off port,
Anne Margaret, Danish brig, rrazils for Copenhagen.
LIVERPOOL, FEB. 18. —Wind W.S.W.—Arrd. Elizabeth,
Maranham ; Elie, Mazatlan ; Charles Crooker, Charleston.
Put back, Cherokee, Barbadoes.
SCILLY, FEB. 17.—Wind W.S.W.—Arrd. Gluckauf, Rio
Janeiro.
BELFAST, Fez. I7.—Wind 5.W..,-Arrd. Sally, Jamaica;
Barbara, Mauritius.
PORTAIADOC, FEB. 18.— Some pieces of wreck, and a
bucket branded " Lady Seale, London," hasbeen picked up.
PETERHEAD.—SId. Dublin, Greenland.
CLYDE.—Arrd. Unicorn and Margaret, Demerara; Me-
dina, Mauritius. Std. Sir Win. Molesworth, New York.
DUBLIN, Fan. 18.—The brig reported at anchor and
abandoned, 18th inst., off Wicklow Head, proved to be a
schooner, since sunk off the north end of the India Bank.
LONDONDERRY, FEE. 17.—The Dispatch, from Rouen, ar-
rived here to-day, making a little water, having been on
shore.
liturustr, FEB. 17.—The Ellen, of Southampton, Tralee
to London, on shore 2d inst. near Ball Bar, got off yesterday,
after discharging.

TIIE SHARE MARKETS.

BRITISH RAILWAYS

Railways. Paid.

Aberdeen • • •• • • 5
Do. Preference •• 8
Ambergate, Nottingham,
Boston, & E. Juncion
Ayrshire and Galloway••
Belfast and County Down 3
Berks and Hants Eaten.
(Great Western Per-
, petual 5 per cent.) ..
' Birmingham and Oxford
Junction, calls duly
paid, or with a guar... 2i
Do. without a guar... 21
Birming., Wolverhamp-
ton, and Dudley, calls
duly paid, or with a
guarantee .. . ••
Do. without a guar. •• 11
Birming., WolverhamP.•
and Stour Valley •• 13 1
Birkenhead, Lances., and
Cheshire Junction ••
Bristol and Exeter •• 10
Buckinghamshire •• 1
Caledonian ••
Do. 101. Preferents •• li
Do. Clydesdale June. • • 51
Chester and Holyhead 51
Do. Preference .. ••1
Clarence .. • • •• ,
Do. Ist Class, 6 per ct.
Do. 24 do., 5 per cent.' 1
Do. Gov. Loan,4 pr. ct., Ii
Direct Lond. and Portsm.'
Dublin and 13elfastJunct.' t
Dublin and Kingstown..l IC
Dundalk and Enniskillen'
East Anglian (251. L. &
E. and L. & D.) .. .•
Do, (181. E. & ••
Do. (31. 108.) 6 per
cent. Preference ••
Do. (51.) 7 pr. ct. Pref.
Do. (71.175.) 7 p. c•Pref.
Eastern Counties
Do. Exten., 5 per,cent.
No. 1 • • • • 6
Do. No. 2 • • •• • • 6 1
Do .3.Tew Preference, 6
per cent..• •• ••
Do. North. and East.
6 per cent. ••
Do. do. 5 per Cent ..
Do. do., New •• •• 4.
Eastern Union, class A,
late E. U. shares ..
Do. do. do. ..
Do. do., B& C shares 2,
Do. do., scrip, guaran.
6 per cent. ••
East Lancashire •• •• 21
Do. New quarter I
Do. 6 per cent. ;Of.
quarter share S.. 1
East Lincolnshire, gut. 6
per cent .. • • • • 21
Edinburgh rule Glasgow 54
Edin., Perth, and Dundee 21
Do. Newport • • •• IJ
Exeter and Exmouth .. I
Glasgowand South-I'4st, 51
Do. pref. consolidated'
Do. do. G. D. & C. ate,'

Nominal Prices

is 3 131,4 to IS%
6 8 % % dia.

834 5 —4% dia.
—.

.. .i. No

6 I %- 1 P.

10 28% - 99%
10 27 -28

15 534 —9% p xd
15 , 7 ii pxd

Business done
to-day.

1035 - 11%

8G -88
[7% 174 - 17%
i 0 114 - 11)i
[0
io

0 1193( - 2014
1531 - 16
'8 6

• • .. ••i 6 1

15 121 —22 ells.

3% - 4
2% -2%

1% -2
1 -13 L
% -1
7 -7X

18 4 P
13 4 par —3L P

11% - 11%

i 0 166 —as
io

•• •••• .
5 -7. p

6% - 7

4% - 43(

10 1814 19
15 144 14%xd
6X 2% —3l(

, u 1 .• ...... ..

Gloucester &DeanEeffist 1
Great Northern .• • • 2
Do. halves, A, deferred 1
Do. halves, B, 6 per ct. 1'
Do. 5 per cent. preff• • 1;
Great Southern and
Western, Ireland .. 51
Do. eighths ..
Great North of England . 104
Do. new 401. ..
Do. new 301, 31
Do. new 151, • .. 11
Great Western .. 101
Do. New, 171. .. 11
Hull and Selby 51
Do. half shares .• 2;
Do. quarter shares .. 11
Lancaster and Carlis/o .. 51
Do. thirds • • .• 11 1;
Lancaster and Preston..
Lancashire and Yorkshlre 101
Do. quarter shares 2;
Do. fifths .. • .•
Do. F. 20/. .. ..
Do. new, guaranteed 6
per cent .. 104
Do. rudders. 86 Shoff. 64
Do. West Riding Union I
Leeds and Bradford ..
Leeds and Thirsk • • .. 51
Do. pref. 6 p ct., Yo.
Do. pref. 6 p ct., N 0.2 l'
Do. pref. 6 pet., No. 3 1
Do. pref. qrs., 1848 1
Liverpool, Crosby, and
Southport .. L
London and Blackwall.. 11 1
London, Brighton, and
South Coast .. ".• 101
Do. gnarteed. 5 per ca,
late Croydjn thirds,. 1
De. preference, 5 p ct. 5,
Do. preference, cony. 5
per cent., 1852 .••
Do. new guaranteed, S
per cent. .. ..
London and Greenwich . 12 I
Do. preference .. 21
London and N.-Wester* 101
Do. do. new quarters/. 11
Do. fifths Ii
Do. 101. sh., M. & B (0) 1
London and S.-Western . 100
Do. new 501. .. 42
Do. new 401. .. 84
Do. new preference •• 5
Londonderry & Coleraine 25
Do. half shares 5
Lowestoft, guar. 4 per pt. 20
Do. do. 6 per cent. •, 20
Londonderry and Rani.
killea. .. • • • •
Do. half shares • •
Manchester, Buxton, and
Matlock ..
Manchester, Sheffield, &
Lincolnshire
Do. quarters, No. 1 • •
Do. new, 101. preferen
Do., 61. Preference ..
Do. Manchester and
Lincoln Union •• 4
Midland .. •• •• 1
Do. consolidated pref. I
Do. 50/. shares ..
Do. Binning & Derby, It
Do. Consel. Bristol &
Binning., 6 per cent. 104
Do. Bristol & Glouces. 41
Do. do. do. •• I(
Do. Erewcsh Vol. pref. 51
Do. Leic. & Swanning.
8 per cent. guar. • 101
Midland Gt. West. (Ire.) 4'
Middlesbro' and Redcar,l
6 per cent. guar.
Newcastle and Carlisle.. 101
De. quarter shares .1 2;
Newmarket • • .• • • 21
Do. extension scrip •• 2 11
Newport, AbergavennY,
and Hereford • • • • ' 1
Newry, Warrenpoint, &
Rostrevor • • • • • • 21
Norfolk .. • • •• •• 101
Do. New 20/. shares • • 1,
Do. Extension • • • • s 31
Do. guar. 534 per cent r
Do. Waveiey Valley.,
Northern Counties Union
North British......

-I 1

21% %

1% %

6% 4 die.
die.
x.d

3% %

25% % %
27 2634

7 6% 7%

207 %

15%
7 %

244131 i % 1

9 ex.d

26 67 Lel
10
10h
3}16

steira 11,

MONEY and COMMERCIAL NEWS

CIT Y, TWO O'CLOCK.
The sales of Cotton at Liverpool yesterday were
- 3,000 bales. The market was flat, with very little
change in prices.—ltailway Shares were dull, and prices
tending downwards.
The Indigo sales have been brought to a close, and we
are informed by Messrs. 11. W. Jewesbury and Co.,
that of the quantity brought forward, it is estimated that
3,231 chests are bought in, 11,031 withdrawn, 2,151
sold, to which may be added about 650 of the bought in
and withdrawn; making the total quantity sold, say
2,800 chests, of which 1,500 are for export, 500 for
home use, and 800 for speculation and re-sale. The
following are the quotations as compared with the last
Oct. sale—Good and fine shipping 6d. per lb. lower,
ordinary and defective, ditto, 4d. to sd. lower, broken
and consuming 4d. to SJ. ditto, Madras, fine, 6d. to
3d. ditto lower, middling and ordinary 3d. to 4d. lower,
and Kurpah 3i. to 6d. lower.
The rivalry now going en between England and the
United States in respect to ship-building is likely to be
productive of excellent results to Hy: mercantile commu-
nity, and even if the screw ho not ultimately adopted in
most instances, fast sailing craft will alone secure good
freights. It is fairly stated that the American city
which claims the honour of being the first to build
clipper vessels is Baltimore. From the Potamac have
issued vessels that have become famous throughout the
world, under the name of " Baltimore Clippers," not
only for their astonishing speed, but also for their beauty
of model. The vessels built there, however, have
been seldom larger than brigs. It is only
within the last few years that the merchants of
New York and down east have had their attention
turned to the construction of clipper ships; but no sooner
were their eyes opened to the benefits (both nationally
and pecuniarily) to be derived from them than they
set to work with a will, Among the many splendid
trips made by this class of vessels those of the Oriental
and Celestial stand pre-eminent. The former, on her
last trip to China from New York, accomplished the
distance (14,521 miles by log, and 14,100 by observa-
tion) in less than seventy-one days, her average sailing
per day being two hundred miles. The latter
made her trip to San Francisco from New
York in ninety-five days (sailing time), which
was two days quicker than the trip of the Sea Witch,
till that time the shortest passage on record. There are
many more on the stocks, not named, to be completed
in a few weeks, and contracts are being continually en-
tered into for fresh ones, all of large tonnage—one of
them (a three decker) building by Mr. W. H. Webb,
rating 2,500 tons. Messrs. Westernell and Mackay are
building two, one of 1,400 tons, and another of 1,100
tons. Messrs. Perine, Patterson and Stock are con-
structing ono of 1,000 tons harden. We have no fear
that the English builders will he behindhand. Ships of
large tonnage are being more generally employed in the
India trade, and their sailing qualities are much more
narrowly estimated.

The proposals of the Chancellor of the Exchequer do
not improve upon closer consideration or analysis, and
there is a very general feeling that Government will
have to modify them. A juster arrangement of the in-
come•tax and the unconditional repeal of the window
duty, appear to be the rallying points and the common
ground upon which all can meet. As to the chicory
duty reduction, it is held to be a direct premium on ad-
mixtures of that article, damaged beans, &c., and people
naturally ask why spirits and other exciseable articles
should not be allowed to be adulterated, for no line
can reasonably be drawn when once the system is re-
cognized.

The Funds have been heavy, and there is a doubt upon
the question whether the Bank of England will not raise
the rate of discount to-morrow, and whether the Minis-
try will not be defeated upon the Budget. Consols have
been 94 to 961 for Transfer, and 964 for Account. The
New Three-and-a-Quarter per Cents. have been 981 to
984. Bank Stock is 214} to 215 f. Exchequer-bills are
495. to 525. premium.

In the Foreign Market prices are lower. Spanish Five
per Cents., 19k; Mexican, 33; Peruvian Four-and- a-
Half per Cents , 791 to 804; and Dutch Two-and-a-flalf
per Cents., 58j to 584.

Railway Shares hare been further depressed.

COMPOUND HOUSEHOLDERS BILL.
Sir W. CLAY moved the second reading of this Bill.
Ile described it as being intended to remedy a deficiency
in the Reform Bill, and to supply a means by which
many persons now disfranchised might avail themselves
of the political privileges which that Bill was meant to
afford. The Bit was lino for line and word for word
ith the all of last year. If the House would read the
Bill a second time he would submit to any modifications
in Committee.
Mr. W. WILLIAMS seconded the motion.
Mr. F. MACKENZIE moved that tho Bill be read a
emend time this day fortnight.
Lord _ROBERT GROSVENOR supported the second
reading. The Hon. Member for the Tower Hamlets was
certainly the most fitting man to bring in this Bill, as a
great number of his constituents were affected by the
omission which it sought to remedy.
Mr. SPOONER appealed to the Hon. Member not to
press the second reading of the Bill.
Lord JOHN RUSSELL did not think his Honour-
able Friend, the Member for the Tower Hamlets, ought
to postpone the second reading of the Bill. The ques-
tion was not new to the House, nor was this the first
time it had been discussed. True that discussion at a
former period might have occurred at a late hour,
but that objection could not apply to the present
time.—(Hear, hear.) Then, with regard to the
allegation, that the Bill ought to be introduced by Go-
vernment, he really did not think that would be right or
proper. The Bill involved no new principle, it merely
related to a detail which had become necessary for the
purpose of carrying out a principle which the Govern-
ment had already adopted, and which Parliament
had already agreed to, and he thought it was
quite competent for a private Member to intro-
duced such a Bill.—(Hear, hear.) The late Lord Grey
took a deep interest in this question, and he thought it
was only just that such a Bill should pass, because it
was required to enable the constituted authorities to
carry into effect the obvious intention of an Act of Par-
liament. It did not carry the right of voting further
than the extent which was recognized by the Reform
Bill, but which the wording of that Act in some mea-
sure neutraliz.3d, and this Bill did no more than get rid
of that anomalous difficulty. He should, therefore, sup-
port the second reading.—(Hear, hear.)
Mr. HENLEY said, if the Bill went no further than
what the Noble Lord represented, he apprehended there
would be very little objection to the Bill; but he was
very much afraid the wording of the Bill would do more
than give a right of voting to those who would be enti-
tled to do so but for some defect in the Reform Act.
Sir WILLIAM CLAY said that if the Bill should be
read a second time now, he would not preen on the com-
mittal for three weeks.
Mr. MACKENZIE said, under those circumstances,
he would withdraw his amendment.
The amendment was accordingly withdrawn, and the
Bill rend a second time and ordered to be committed
this day fortnight.
EXPENSES OF PROSECUTIONS.
Sir G. GREY, pursuant to notice, rose to move for
leave to bring in a Bill to amend the law relating to the
expenses of prosecution, and to make better provision for
the apprehension of criminal offenders. Under the existing
system the expenses of prosecuting prisoners varied much
in different counties, while the magistrates and justices
possessed no power whatever to award the expenses of
arrest. Now this Bill abolished that system in certain
eases, and gave the Secretary of State for the Home
Department authority to regulate the expenses of prose-
cutions and arrests, but still left it in the discretion of
the justices to grant what were called preliminary
expenses. Another clause in the Act would
empower the justices sitting in quarter session to pay
clerks of the peace by salaries instead of fees, if they
so thought fit. These were the principal provisions of
the Bill, and as the House would have another opportu-
nity of discussing its principle he would not detain it
further, but simply move for leave to bring it in.
Mr. F. MACKENZIE wished to know if the Bill
was intended to apply to Scotland ? He thought it
should.—(Hear, hear.)
Mr. HUME said there ought to be a uniform mode of
paying clerks of the peace and other officers who are
entrusted with the administration of justice, and in a
future stage of the Bill he should move a clause to that
effect.—(Hear, hear.)
Mr. STUART WORTLEY approved of the Bill
as far as it went, but he would suggest that the Bill
should be so far extended as not only to provide
for the expense, but also for the proper conducting of a
prosecution.—(Hear, hear.) At present no one was re-
sponsible in the State for seeing that our criminal prose-
cutions are fairly carried on, and very often prisoners
escaped, owing to the irregularity of conducting the
prosecution.—(Hear.) He did not think it was neces-
sary to go the length of having a public prosecutor,
but some provision should be mule fur having prosecu-
tions perfectly brought before the Court and the jury.
Sir GEORGE GREY agreed with the Right Hon.
Gentleman that it was of the utmost importance to
secure efficient prosecutions, but the difficulty was
how to accomplish that end without a public
prosecutor.—(Llear, hear.) The subject had been
under the consideration of his Hon. and Learned Friend
the Attorney-General, and it was at present occupying
the serious attention of the Government.—(Hear, hear,)
On the Northern Circuit something had been done to
remove a portion of the evils that attended public pro-
secutions, and he was yet in hopes that the system
which prevailed there would ultimately so far succeed
as to justify its extention to other parts of the country.
Mr. HENLEY thought great credit was due to the
Government for bringing in a Bill on such an important
subject, and he considered not the least important part
of that subject was that just alluded to by the Right
Hon. Gentleman. Ho was of opinion that something
ought to be done, also, with regard to the appointment
of a public prosecutor; the law as it stood in that respect
being extremely unsatisfactory.
Leave was then given to bring in a Bill.
REMOVAL OF SMITHFIELD-MARKET.
Sir GEORGE GREY asked for leave to bring in
a Bill for the removal! of Smithfield-market. He al-
luded to the recommendation in the report of the Com-
mittee in 1849 as to the propriety of removing the
market, and to the plans which had been prepared by
the city of London with tho view of continuing it in
the same site, and observed that the real question was
whether these plans were adequate to meet the
evils and inconveniences now complained of. The
Bill which he intended to introduce provided that
the market should be removed from its present site, and
that a Commission should ho appointed, who should
have the power of erecting a now live and dead meat
market in another part of Loudon, and of raising
money be mortgage for this purpose.
Mr. BUCK thanks)] the Government in the name of
the farmers for bringing in the Bill.
Mr. STAFFORD, as one of the Committee who sat
upon the subject, objected to proceeding with the Bill
until the House heel ample time for consideration.
Mr. S. WORTLEY intimated his intention to oppose
the Bill in its future stages.
After a few words from Mr. ELLIS,
Leave was then given to bring in the Bill.
MR. VERB FOSTER AND TRANSPORTATION.
Mr. M'CULLAGII begged to ask for a copy of a
letter addressed to the Landg and Emigration Commis-
sioners by Lord Hobart, inclosing a letter from Dir.
Vero Foster to his Lordship, detailing the treatment to
which he was subjected, in common with the other pas-
sengers on hoard the emigrant ship
month of November,Washington, in the
herthe
answer passage from
Liverpool to New York, 5wT whilecopythaon
of
re-
turned to Lord Hobart by the Commissioners; and also
copies of any correspondence between the Commis-
sioners and the emigration officer at Liverpool on the
subject.

The motion was agreed to.
EXPENSE OF PROSECUTIONS.
On the motion of Sir GEORGE GREY, a Bill was
read a first time for reducing the expenses on legal pro-
secutions.

The buai❑ess on tho paper baring been disposed of,
ho House adjourned shortly after Two o'clock.

VICE-CHANCERY.—(THIS DAY.)
(Before Lord CRANWORTII.)
STATE OF THE BUSINESS OF THE COURT.
Mr. STUART this morning called the attention of his
Lordship to the arrangement of the paper from day to
day. Counsel were always importuned by their clients
to press forward their own cases, and counsel could not
well resist that importunity without the authority of the
Court. He hoped they would not get into that state of
things which once prevailed before the late Vice-Chan-
cellor of England, and which was only put an end to by
a great effort on the part of the judge and the bar. Be-
tween the unopposed petitions at the head of the paper
to-day and the causes there was interposed a cause of
motion "by order," and he implored his Lordship not
to allow matter to be constantly inserted in that way
before the regular business of the Court. lam induced
(continued the Hon. and Learned Gentleman) to
men-
tion this now from the condition of my client in the
second cause in the paper, Macbean v. Babing-
ton. He has been at least fourteen days at-
tending in court, and his cause has always
been the first or second cause on the paper.—(A laugh.)
That is a case of particular hardship. My client in
that particular case has talked to me of the hardship
of his situation, and I have felt the justice of his ob-
servations.

Mr. BLTRELL—Certainly, there is a great deal of
truth in what Mr. Stuart has said. It applies not only
to causes and motions, but to petitions. In truth we
shall always have the same complaint as long as we are
in our present over-labouring condition; but with ro.
gard to the insertion of motions, it i 3 impossible to pre-
vent it. The motion of Gran V. liumpliery, which
is interposed before the causes is a case in which Alder-
man Humphery is going on with excavations and works
that the plaintiff says threatens the destruction of cer-
tain buildings. We obtained an injunction, and the
alderman now comes to dissolve it. These are matters
that are always entitled to priority. But such complaints
as Mr. Stuart's client makes must be expected, whilst
one judge has to do the work of three. We aro told that
the first duty of a Government is to provide for the ad-
ministration of justice, but your Lordship has to do the
work of three judges.
Mr. STUART—AS to the case of Alderman Ilumphery,
that worthy and respectable
gentleman spoke to me about
it castnight, but, as it seemed to me, with no aPPrehen".

CIIAPTEE OF THE ORDER OF DIE illUg-
bag' be
rl'ius DAY.)—The Queen held a Chapter of the ,8 ~,, for t,
trious Order this afternoon at Buckingham re,,'B'ef PT,:
election of a Knight in the room of the late Deam,„, of t'"
roe. e
castle. Her Majesty was attired in the gorgeous nt Edged
Order, and was attended by the Countess of oletia, eig
cumbe, Lady in Waiting, Lord Byron, Lord in Iv,e,lhert, P,
the usual suite. His Royal Elighness Prince tii: of VIPP„,
Royal Highness the Duke of Cambridge, the Da„,,eeclosc,ll,"
lingtoe, the Duke of Buccleugh, an d the Marquis ellforrns_''''
were amongst the Knights present. After the asq tilleerP
ties attendant on the election of a Knight, Constantly to to the
Mai-pais of Normandy, her Majesty's Anil:001 the Pit
French Republic, was introduced, and invested vv"
e teal fc'r
and Mantle of the Order. His Lordship leaves
Paris in a few days.
MICSHUADEDLE.
.....N
IDEATH
joorhnT
on
rEessVweliCLAvaicsorr :ifserisi,,,
solit
cs CI 1 hSti
half-past two on Thursday morning was with°fl;4l:CdP h 0 was
study, standing and reading at the table, and ...1
biS fin.- '
.frpotihedcafrmoienoutht
the visitation
vh
much interested in the book; he then sat down 10 Ole
chair, and began wheezing, and coughed a little, tiliach irig
iissitalatoituonth,
the face, and died before he could be removed. AA'. .boe'
brother, Yibl•
twelve months ago an in t s held ed a .ears e
ques wa ,
__. ithot.it se. Y ot big
died in a sitnilar ,a u y. The deceased was ,„iabilityerwo
age, and was much respected, from the B. Sh
character and the usefulnss of his ministrations. --
Journal.
towards opened
Every cup too much is a step
sof body
Pandora's box, and letting out all distemper
II 1113011iC
mind.— _Eliza Cool's Journal. Sacred J-313 f for•
ofenudodh”e then tur,e%rdict 0:
The committee of the London tion ()-zieSt
was reurne
Society, encouraged by the favourable recep,rido or
Elvey's new Anthem, which will be repeated olicfto tb• :tot
with the Creation, have resolved to recoreelene two arwin
scribers, at their next general meeting, to gig e, vrbi'
prizes fur the composition of orchestral anthem
form every year a part of their performances. has been
.A.• our
We understand that Mr. Bally, R. dinWl it
selected to execute the bronze statue to be erec!yee town' a.
his nett ..„.r
he w- 1‘ tO
of the late Sir Robert Peel at Bury, of t no'
will stand in an open space of ground in front „„iou
place. The sum subscribed for this purpose 0"-
AfferOf
2,5001.
Lord ---.-00
MANSION HOUSE.—Last evening the , of via,.
and the Lady Mayoress entertained a large plug dioer 11,
riends at dinner, at the Mansion-house. A" to ueirt's
Lady Mayoress gave her second soirée daneante,
of one hundred additional visitors.
____..--_--

BIRTH& , the
OF A SOIL
On the 15th inst., at Blandford-square, Regen:"4."park,
~,1
wife of R. G. Rosseter, Esq. Buckle, r"".
On the 13th inst., at Wimbledon, the wife of E.
OF A DAUGHTER. ha ii.oreell'
W oOa 1
nnt
the ah i e
12th yinst. NJ.,
Stewart Mackenzie. 31".
-la3btbhei.ust:
Mrs. Alderson, of Copped ...
—_...
at Conon-house Dingwall)

MARRIED. s
At St. Mark's, Kennington, on the 18th inst., by thett:i;
Charlton Lune, George Glass'on, Esq., late of Facinlyt°rui,itotir
Susan, only daughter of Richard Thomas, Esc'', .1 "-- ' ,
and George-yard, Lombard-street. ,s vo ffith-
e"
On the 1I th inst., at the residence of the bride
George ft C. I,tverion, E•q., of Lansdowne- yid terrste. JO-710.,
sitigton-patk, to Ilenrieva, eldest daughter of De
solin, Esq., of Usworth-hall, Durham _..-------

DIED -,,, (i
'
01
On the 14th inst., aged 66, Thomas Richards, -I,°,
Upper Itauelagh-street, Pimlico.Castle-WO,
On the 14th inst., William Jackson, Eifq.,
Hampton, aged 80.
On the 15th inst., Sarah, the wire. of Mr. .1,-C.•
Gibson-square, Islington, aged 61. • v. e• rderlg'
On the 15th inst., at Gloucester road, Ilyde-Par---a
Mr. W. Burridge, sen., of Cowfold, Sussex, aged 80. , ciu,
On the 16th inst., Mr. Henry Walker, formerly of Pe"
fort-buildings, Strand, aged 86. ~..li t of
On the 16th inst., at lioaterton, aged 81, Rebecca/ - c
the late K. Jackson, Esq., of City-road, and Lloyd'a_i• $i
On the 16th inst., at argate, J. White, Esq., age" --- Jules
eth Jill
On the 12th inst., at the Mount, Norwood, Eliza
wife of David Tyrie, Esq., aged 50, _....--f'r
....Middletol3,

igso f
London: Printed and Published by MURDO T0140...1 42•
No. 112, Strand, Printer, at Tlo Sun Oilice' Ant,
Strand, in the Precinct of the Savoy,
in the Or-
Wednesday, February 19, 1851!