The Sun.
London, England, 1834-09-01 00:00:00

the ficla two other newly-formed battalions, the 6th and
7th et Navarre.. The Bth has just received a part of its
armament, and will soon be fully equipped, so that the
Pretender has now under his orders 23 battalions of the
four provinces, which are devoted to him, but the precise
number of each is not known. This accounts for the rare
prudence of General Rodil, who, notwithstanding the im-
mence superiority of his resources, has not dared to strike
a decided blow. _ _

The Augsburgh Gazette of the 25th ult. has the follow-
ing from the frontiers of Servia, of the 14th :—" For
many weeks past the intention of the Sultan to support the
Syrian insurrection, has been a matter of general conver-
sation. It is, however, asserted that he has been diverted
from his purpose by the efforts of the French diplomatic
agent, and still more so by those of the Russian Charge
d'Affaires. We have since learned that he really manifests
an eager desire to turn Ibrahim's situation to account, and
at least to impede his supplies of provisions, arms, and
ammunition. He seems to be disposed, in order to effect
this object, to fit out more ships of war, and it is not im-
possible that the fleet, which is now in the port of Con-
stantinople, will soon sail, and cruise off the Asiatic coast,'
for the purpose of intercepting the convoys of provisions
for the Egyptian army in Syria. This, however, would
prove a most impolitic and perilous measure, for Mehemet
Ali's navy is at least quite a match for the Sultan's, we
might say superior ; and were it otherwise, his Highness is
not sure of the intentions of France and England, and
his conduct might not be approved by these powers.
In such a case his fleet must come back into port, or
would be exposed to the attacks of the Allies, which would
be far from improving his condition. The Turkish finances
would be deteriorated, while Mehemet Ali would stand on
higher ground-than ever. Every effort is made to dissuade
the Porte from this enterprize, but it is greatly to be feared
that it will be led away by counsels of an opposite tendency,
and, as it has, frequently happened, will act according to
the first impulse of its passions. Already large numbers of
troops are concentrated upon the Asiatic coast ; one corps
in Romelia is ready to march at a moment's notice." The
Gazette quotes the funds at Vienna on the 20th, Five per
Cent. MetalliSues, 98 7-16 ; Four per Cent. ditto, 881 ;
Bank Actions, 1236.

The Berlins State Gazette of the 22c1 ult. quotes the
Prussian Funds, Four per Cents., cash 99 ; paper 99k.
Letters froin Stockholm state, that " a Royal Ordinance
has directed a 'Commissioner to proceed to Gottenburgh, in
order to ascertain, if possible, by what means the cholera
was introduced into that place. The public here is so in-
fected with infection theories, that a journal proposes to
communicate -only by telegraph with those, places where
cholera exists::

The Denmark papers state, that on the 14th "ult., the
first stone of t,he new palace at Itzehoe, destined for the
sittings of the Provincial States of the Duchy of Hol-
stein, was laid, in presence of the Minister of State, the
Count de Rantzau Breitenberg, and two electoral directors.
All the authorities were present at the ceremony, and it is
expected that the building will be completod within the year.
From a repprt of General Desmichels, commanding the
troops at Gran, dated the sth ult., it appears that the
markets within his jurisdiction are thronged with Arabs,
who bring in the produce of the country for and that
there is every appearance of a long continuwace of peace.
The smallest detachments of troops pass from Oran to
Mascara and Mostaganem without the 'least molestation,
and private individuals travel about in perfect security. All
the tribes let their horses and mules at a very law rate to
the Europeans who wish to move fro:n one place to another,
and some of them have even brought back voluntarily
men who have deserted from Their ranks. Commerce is
daily extending, and within less than two months upwards
of 6,000 metrical quintals of wool have been sold at Oran.
A letter from Tunis of the 6th ult. relates a fact, which
indicates that the French Government is held in less con-
sideration by the B'ey than is the English. A Polish Co-
lonel from Egypt' having learned that the Bey employed
foreign instructors, availed himself of the friendly assist-
ance of the French Consul to solicit an appointment. The
latter state:l"th the Bey that a compliance on his part would
be an obligation conferred on a son of France, thus desig-
nating P.' Pole who had served under Napoleon. The Bey
refused. Various other recommendations were obtained,
but they all failed, for they were all French. The soli-
citor, nothing despairing, begged the English Consul to
apply for him. The latter complied, and stated to the Bey
that he would feel as much obliged as if the favour had been
conferred on an Englishman. The Bey bowed assent, and
the commission was transmitted to the applicant on the
same evening.

FRENCH FUNDS.-Panis, Atm. 29.
Five per Cents., 105 f. 95c. 106 f 105 f. 40c.
Three per Cents., 741 floc. 45c. 20c.
Bank Actions, 1,757 f. 50c. 1.755 f.
Bente de Naples' 92f. 91f. 40c.
Roman Five per Cents., 94 931,E 92.
Bente d'Espagne, Five per Cents., 31 mu.
Bente d'Espagne, Three per Cents., 22 193 j 21.
Royal Spanish Loan, 30% 29 28
Bente Perpet. d'Espagne. Five per Cents., 3014 27,X 28!.
Belgian Loan, rive per Cents , 99.
Haytian Loan, 267 f. 50c. 2115 f.
EXCIIANOE ON LONDON.
Oise month, paper, 2 f. 27 ; money, 9.5 f. 27%c.
Three months, paper, 25f. 15c. ; money, 25f. 15c.
-Cour, Authentique.
FRENCII FUNDS.-PARIS, Auo. no.
Five per Cents., 10 f. 1 c. 9:c. 59e.
Four per Cents., 92f. silc.
Three per Cents., 73f. 60c. 74f. 74f. 25c.
Rente de Naples, 90f. 80c. 91f. 6Pc.
Roman Five per Cents., 91 9114 92.
Bente WEspazne, Five per Cents., 3414 135 38.
Itente d'Espagne, Three per Cents., 19% 21 2214.
Royal Spanish Loan, 27 27.4 '.5
Rente Perpet. d'Espagne. live per Cents., 28% 28 29.
Belgian Loan, Five per Cents, 99.
Haytian Loan, 266 f.
EXCUANGE ON LONDON.
tine month, paper, 25f. 27%c. ; money, 2.5 f. 271 c.
Three months, paper, 25E. 15c.; money, 25f. 15c.
- Ccurs Authemligne.

MADRID, AUG. 23.

(From the Madrid Gazette.)

According to despatches from General Count Armildez,
dated Pampeluna, General Anleo, who was in pursuit of Zu-
malacarregui, marched after him on the 14th from Irurzun by
Lecumberri, into the Valley of Ulzama. Brigadier Figueras,
with the troops, under his command, arrived on the same day
at Irurzup,-and Baron de Carondelet, with the cavalry and in-
fantry tinder his orders, was at Puente la Reina.
On the 13th Colonel Amor's cavalry, which was with
General Anleo, directing its march from Lecumberri to Pam-
peluna, because their services were not available in the moun-
tains, Brigadier Figueras was left in Irurzun. The cavalry
having passed the defiles of the Yenta of Gulina and Erice,
it was learned that Zumalacarregui had cut off at that point
the road between Irurzun and Sarasa, where he then was.
The cavalry then retrograded by gallop, but could not induce
the rebels to malte,the slightest descent from the mountain ;
on the contrary; they preferred to retire precipitately in the
direction of Val de Echauri, Brigadier Figueras having occu-
pied the point of the opposite side.
The revolt in the valley of Roncal is daily spreading. On
the 18th instant, Colonel Barrena marched towards that place,
from Pampeluna, in co-operation with Brigadier Linares, who
was at Sos the same day.
The French gendermes have taken near the Aldindos 200
cartridges and a load of gunpowder ; and the police have con-
veyed back to Bayonne from 40,000 to 50,000 francs which
were stopped on the frontier.
The frontier passes have recently been reinforced by French
troops.

DESPATCHES RECEIVED AT THE OFFICE OF THE SECRETARY OF

STATE. FOR THE WAR DEPARTMENT.

The Captain-general of Valencia, under date the 19th inst.,
has transmitted to this office the following despatch from Col.
Nogueras, in which the details of the dispersion of Carnicer's
rebel band on the 12th are given.

Captaincy-General of Valencia and Murcia.
Head-quarters.
" Most Excellent Senor,--Having pursued with the greatest
possible activity through Arragon and Valencia the Castalan
rebel party which came down from the fastnesses of Beceite,
on the Ist instant, under the command of their chiefs Carnicer
and Cabrera, I had hardly returned to Valderobles from this
fatiguing expedition, when I received advices, momentarily re-
peated, from the Military Commandant Don Jose Antonio
Graumasen, informing me that the rebels were countermarch-
ing by Ares, with the view of entering Arragon, I, in conse-
quence, directed Seravilla, who was at Penaroya, to march ra-
pidly upon the enemy with the column under his command,
whilst I followed by a flank movement as far as Oliete, which
point I chose as the centre of my operations in order to fall
upon whichever side the rebels posted above Montalban, not
far from Vicima's and Saravilla's columns, might march on.
" Informed by my scouts of the direction by the enemy. I
marched to meet them with the greatest rapidity towards the
place called Las Brucetas. I followed their track over hills
and the most rugged precipices, until coming up with them
in the Montalban of Alloza, I drew up my corps in order of
attack, and the valiant band, with the Guerillas and Cavalry
in front, charged the enemy with promptitude and decision,
the only glorious method of conquering them without hazard-
ing the precious blood of the loyal adherents of Isabel. A
most disorganized flight ensued, and death thinned tF.e
enemy's ranks, for it was not possible to restrain the fi,'Jrce
bravery of the soldiers.
" The cavalry, under the command of the brave and de-
termined Captain Don Jose Soler, leaped over -walls, as_
cended heights, penetrated the pine woods, and..feft nothing
undone during the four hours of pursuit that,l could have
wished executed ; and if the greater part of the horses had
not been unshod, the enemy would have been overtaken, and
Carniter and Cabrera killed, for Soler followed closely st
their heels with only three horsemeh ; but the leaders were
escorted by 20 men, who kept together in their flight, and
their escape was owing to that circumstance alone.
" The Fusileers and Carabineers, under the command of
the gallant Sub-Lieutenant-Colonel of the province of Ciudad
Real, Don Julian Frias, performed prodigies. Thus the
rebel faction, which has caused the Government so much dis-
quiet, and which had rendered itself an object of terror under
present circumstances, and in which the enemies of the throne
of habilhad Ott ittaction all their resources, in order to dis-
turb the peace of this Country, has been broken and destroyed
in a few hours.
9 The disposal force of the rebel band was composed of 150
infantry and 40 cavalry ; and of the party under my command,
enemy's loss your Excel-
-103 Infantry and .23 cavalry. The

f

't.r,"~%

lency will gather from the despatches of the commandants of
the different parties, which I have the honour to enclose,
merely stating that among the dead we discovered the chief
Torpor and several of their officell, including one having the
title of Lieutenant-Colonel, whose uniform and devices the
soldiers retain.

" As soon as the magistrates of Olmos, Androra, and Al-
loza, communicate to me the result of the reconnoitre they
have directed to be made, I shall have the honour of trans-
mitting it to your Excellency, and I request your Excellency
to point out to the notice of her Majesty the high merit which
has been acquired by the Lieutenant Don Jose Soler, &c.
(Here follow the names of a number of officers who distin-
guished themselves.)"
(From El Observador of Madrid, August 22.)
We are really sorry to find that we cannot agree with our
well-informed contemporaries, the editors of the Eco de Co-
mercio, as to the manner of viewing the foreign debt. The
articles on finance inserted in the Eco of the 16th, 1 th, and
19th of this month, have induced the editors to make obser-
vations on that subject, from which we must conclude either
that they have not understood the writer of those articles, or
that they have placed themselves in contradiction with their
own principles.
Indeed, if we attach any value to the observations in the
Eco, we must believe that the writer regards all foreign rents
as of one and the same character, which, if admitted, would
be equivalent to the conceding to all the same titles and the
same rights. It is not sufficient to say this is one debt-and that
is another, and consequently that both are equally sacred.
Even among private persons preference is given to one debt
over another, and payment of one kind is considered a duty,
while others may not be entitled to any particular consideration.
We think we have shown in a late number of our paper,
that the loans effected by the Cortes during the period of the
constitution cannot in any way be placed on a parallel with
those contracted since the year 1823.
During the constitutional system the loans were discussed,
acceded to, and voted by the national representatives, legally
constituted, under the protection of a Government acknow-
ledged by all the continental Powers ; consequently those who
advanced loans to the Cortes had no, possible reason to doubt
either the good faith of the Government or the morality of the
nation. Is it the fault of the latter, that after the constitu-
tional system was destroyed by a hundred thousand foreign
bayonets, her engagements have not been recognized ? Cer-
tainly not, for the nation may be said to have ceased to exist.
There existed only individuals dependent on force, caprice,
and arbitrary will. It was not the nation that failed to recog-
nize the debt, but the immoral and despotic power which d
hundred thousand French bayonets raised upon the ruins of
the constitution. The scene is now changed. The nation
has re-appeared again
_united, and legally represented by the
Procuradores of the people ; and if it ever happen, as we hope
it never will, that the Cortes shall entirely or paitially refuse
to recognise this most sacred debt, the dignity and character
of the nation will suffer a serious degradation.
Let us now consider whether the same reproach could be
made if the Cortes refuse to recognise or mark with their dis-
approbation the loans contracted since 1823. This is now the
question, and on its solution depends, in our opinion, the re-
•spectability or discredit of the nation.

The French or other foreigners interested in the loan con-
tracted by the self-styled Regency of Urgel, created and sup-
ported by the Duke of Angouleme, knew perfectly well the
risk to which they exposed their money. They perfectly well
knew that if the constitution triumphed, that loan would not
be recognized by Spain, such determination having been for-
mally declared by the nation through the medium of the
Cortes. The liberal French, whose ideas form the ground-
work of their present Government, have always maintained and
declared, not only during their latter constitutional epoch, but
during the last eleven years, that everything done in Spain
was illegal and oppressive, dictated by the northern Holy Al •
liance, and executed by a French army against the will of
the nation, for the purpose of overthrowing an existing Go-
vernment, which had committed no aggression. Can France,
having the fundamental basis of principles, that no power
can impose burdens on a nation unless voted by the legal re-
presentatives of the people—can France, we say, under the
present circumstances, pretend that a loan contracted for the
sole purpose of raising and maintaining a rebel army to de-
stroy a legally constituted Government, has claims equally
sacred with those contracted and sanctioned by a legislative
assembly which had its origin in the free and lawful votes of
the entire nation ? Can any doubt be cast on a debt founded
on claims so legitimate, and the produce of which was received
by the Treasury for the sole purpose of meeting the expenses
of the State ? To admit that both loans possess an equal claim
to be recognized by the nation—to pretend that the origin of
the one is as legitimate as that of the other, would be to main-
tain the principle that a constituted Government, acknowledged
by all the Powers of Europe, in relations of perfect friendship
and equality with all of them, enjoys only equal rights and
equal prerogatives with the banditti of the Trappist and of
Mosen Anton. If we are to hold that both loans are legiti-
mate, we must consider in the same light those who made them,
and the Regency upheld by the Duke d'Angouleme and the
constitutional Government must claim and offer the same gua-
rantees in the eyes of France and of Frenchmen.
The question is so clear to our minds, that the event of the
the present General Cortes resolving to consider in the same
light loans of such different natures and origins would be the
concession to the Pretender of the legal authority to contract
a new loan, if, indeed, it is not contracted already, for the pur-
pose of maintaining the baneful civil war which desolates our
northern provinces. Fortified by such a precedent, no con-
tractor will hesitate to advance the necessary funds, certain
that if not now, at least by some future acknowledgment, he
will be enabled to claim freely and openly the principal and in-
terest of the obscure and disgraceful loan, which, perhaps, is
at the present moment being negotiated in Holland. Who
imagines, who would think of asking the question, whether
Don Pedro and the Cortes of Portugal will recognize the loan
made for Don Miguel ? Who, on the other hand,--dreams that
Don Miguel, if he had triumphed, would have recognized Don
Pedro's loan ? When a loan is contracted, the lenders calculate
all the contingencies, and satisfy themselves of their risk, and
the borrowers grant such ample interest and such exorbitant
profits as may secure the lenders against the loss of their capital.
Who can doubt that, when the loan of the pretended Regency
was made, the greater part of the contractors engaged in it
did not embark in it with the view of gain, but with the sole
object of destroying the existing Government, with which they
could hold no relations? They all gave up their money for
lost, so they attained that object. They pursued it to a close,
and now the loan of the self-styled Regency changes its aspect,
and a transaction undertaken solely with the view of supplying
the rebels with means is immediately converted into a regular
loan of perpetual rent at 5
per cent. ; this conversion serving
as a pretext and cover for the most scandalous extravagances
and dilapidations, for the most fraudulent stock-jobbing that
ever was heard of on any Exchange in the world ; and, -lastly,
for the acquisition to individuals of immense fortunes, which
have been the scandal of Europe.
"If such examples are repeated—if the principle is once ad-
mitted, that all loans contracted by Spanish subjects, whe-
ther Liberals, Moderates, or Carlists, may be contracted with-
out the concurrence of the nation, which is obliged in all cases
to pay them, the Spanish refugees who presented theMselves
on the frontier in 1830 may then justly clahli the acknow-
ledgment of the loans raised by them in the name of the
cause and the liberty they proclaimed. A revolution may
happen in France to-morrow, Louis Phillippe may lose his
throne, and a reactioniCarlist or republican, may place the
crown on the head of Henry V., or proclaim the Republic. A
movement of this nature cannot but reverberate on this side of
the Pyrennees, and should despotism triumph here in the per-
son of Don Carlos, who represents it, it would be just, accord-
ing to the principles laid down by the Eco, to recognise his
loan not only de facto but de jure: should the other system
obtain a triumph, perhaps, for the same reason, a cloud of cre-
ditors of whose existence we are at present ignorant may
spring up. And should this be the case, when would Spain
be able to re-establish her credit, when to relieve herself from
the numerous debts which would thus rise ap against her, and
which she had no hand in contracting? The recognition of
such principles would be giving an unqualified licence to all
parties to hazard the most rash and injurious attempts, and
never would money be wanting for the support of sedition,
faction, and anarchy.
If Guebhard's or the Regency loan cannot enter into com-
parison with those of the Cortes in point of principle, let us
see ,whether it can compete with them in regard to beneficial
results. The produce of the Cortes' bonds was received in
Spain,.and employed in the service of the state and the royal
household ; of the loan of the Regency, only a tenth part of
that which the debt represents passed the Pyrenees. The
Cortes' bonds, from 1823 to this moment, have received no
interest. The interest on the Regency loan, converted and
presented under so many forms, has been religiously paid every
six months, at the rate of i 3, 10, and 12 per cent., so that the
original holders have already received their capital in full.
They have got all their money back, and are even gainers.
This loan was contracted at a very low rate, whilst those of
the Cortes were contracted at proportionally,a, Much higher
rate ; consequently, those who have purchased the Cortes'
bonds, supposing every advantage offered them, must always
be so far losers, while the others cannot but be gainers. But
wherefore indulge in all this circumlocution ? The nation
cannot so far commit itself as to pay kor money it never re-
ceived, or liquidate debts it never contracted.

THE DREADFUL ACCIDENT IN PARLIAMENT-
sArr.fra'.—On Saturday an inquest was held at the Blue
iin'afor, York-street, Westminster, on the body of Patrick
Lynch, aged 75, a labourer. Mr. Robinson, of Covent-
garden Chambers, states "that on Wednesday morning he saw
a grey horse dragg'Ang the splinter-bar and shaft of some
vehicle along the pavement in Parliament-street. Witness
was near the gate leading into Richmond-terrace, and he saved
the lives of two women by forcing them within the gate ; when
the horse passed by, witness saw him mow down the people as
a scythe would the grass. The deceased, who was one of the
many persons who were knocked down, was at the time stand-
ing in conversation with an acquaintance, who met the same
fate. Witness carried him to Mr. *Cann's, surgeon, in Par-
liament-street, where several persons who had been injured
had also been taken. It appeared, from further evidence, that
the deceased died on Friday, at 'Westminster Hospital, seven
of his ribs having been broken. The horse in question be-
longed to Mr. George Salter, horse-dealer, of Eaton-square,
Pimlico. He was attached to a four-wheeled phaeton, and in
the care of Mr. Salter's son, who was accustomed to driving,
Is hen he took fright in consequence of being stung by a fly.
The horse, which was formerly the property of Lord Mans-
field, was purchased for forty-two guineas, and had always
been considered as a quiet animal. It was impossible, how-
ever, to check his career, and coming in collision with a wag-
g-on, the phaeton was overturned and broken.—Verdict, Acci-
dental Death. Deodand on the horse, one shilling. It was
stated that nearly SD persons met with accidents in consequence
of the horse choosing the pavement for his frightful course. I

PRICES OF STOCKS THIS
Bank Stock 220% 20
3 per Cent. Red.
3 per Cent. Cons tiPAOili
3% per Cent. —
Ditto Red. % %
New 3% per Cent. 97%
Assented 98.4
4 per Cent. [Dissented lOl%
Yank Long Annuities to expire
Jan. • 3, 1860 17%%
Oct. 10, 1839 —
Jan. 5, 1860 l6 15-16 17
Jan. 5, 1880 ---
April 5, 1880 T..,
Jan. 5, 1870

PRICES OF FOREIGN FUNDS
Austrian Bonds lOl%
Belgian Bonds 99%
Ditto Account 93%
Brazilian Bonds , 77%
Ditto Account 584 7%
Buenos Ayres Bpnds 28%
Ditto Account 2S
Chillian Bonds 3l
Ditto Account 30%
Columbian Bonds 24
Ditto Account
Columbian Bonds, 1824 29%
Ditto Account 29%3iU
Danish Bonds 75
Ditto Account 75%
Greek Bonds —
Ditto Bonds, 1825 2134
Ditto Account —
Mexican Bonds, 5 per cent 29'i
Ditto Account 29%
Ditto, a per cent 4O 52
Ditto Account 4O
Neapolitan 94%

PRICES OF SHARES THL

. DAY .11. T ONE O'CLOCK.
Paid. Per Share.
Alien Mining Company £9 113 i
8
Anglo Mexican Mining Company (iss. at Y. pm.) 100
Ditto Subscription
Bolanos Mining Company l5O 90
Brazilian Imperial Mining Co. (issued at's/. pm.) 20 5.'6%
Ditto Macaubas Cocaes - '2O 21
Ditto Seth lO 12%
Ditto St. John del Rey
Cata Branca Mining Company - 5%504
British Iron Company 5O . 80
British Cliper Comp ,ny . ' 1 7
Columbian Mining Company (issued at Si. pm.) 535' 1156
English Mining Company 12% 5.2%
Hibernian Mining Company lO . 3fi
Mexican Mining Company ... 494
4
Real del Monte Mining Co., Registered. 631. 10s. tid
Ditto Unregistered
United Mexican (issued at 11. pin.)
Ditto Subscription
Ditto New Scrip . A 00000 ... 5
Liverpool and Manchester Railway Company lOO
London and Birmingham Railway Company l5
London and Greenwich Railway Company 7
Australasia Bank ..... .... 10

ao
4%
63i
198
15
8
10

Australian Company 2634 33
Canada Company li 4034 1341 A
General Steam Navigation Company l3 1614
London and Westminster Bank 5 434
12
National Provincial Bank of England
Provincial Bank of Ireland
Rio Doce Company 2 2%
Van Dieman's Land Agricultural Company 10 914

PRICES OF IRISH STO,

ICKS, DUBLIN, AUG. 0.

3 per Cent. Consols 9.;% Grand Canal Debb. 6 per cent. 92%
Ditto Reduced ..--• Ditto, 4 per cent l6
3% per Cent. Stock 974 Hibernian Bank
Ditto New, 1830
34 per Cent. Debentures -IX) National Insurance Company 26
Bank Stock 224 City Debentures, 4 per cent... 79%
Royal Canal Stock
Grand Canal Stock 25% pe, cent. 93%

lIIGH WATER. AT LONDON BRIDGE TO-MORROW.
Morning s'l minutes after 0. I Evening 29 minutes after 1.

THE SUN IS NOW THE LARGEST DAILY
PAPER IN LONDON.

'---411
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