The Sun.
London, England, 1860-04-12 00:00:00

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xiited regarding a bill under consideration in the
Legislature, granting to a company the right to
construct a sea-wall along the water front of San
Francisco. There were indications that the bill
appropriating 60,000 dols. to the first company
which should construct a telegraph line from San
Francisco to the Mississippi would pas'. I
A despatch of the 29th, from New Orleans, says :
" Governor Houston, not receiving the Govern-
ment military aid as expected, has ordered Colonel
Johnson to immediately,:p.ise a large force of
rangers and drive the-Indians from the northern
frontier. He takes no step against Mexico pfid-
ing the ratification of a treaty."
A despatch from Washington of the :30th says:—
" Petitions from all parts of New York are pour-
ing in, praying that the Reciprocity Treaty
Canada may be amended or rescinded. Hostility
to it is daily growing more bitter, to ruinous is it
to the interests of Western New York, Mr. 1 latch's
report will not only be strongly condemnatory of
the treaty, but will urze that it he nbrofzatc(l :It
the earliest possible day. President Buchanan will
lay the report immediately before Congress, in
answer to the resolution introduced by the ILln.
Alfred Ely, calling upon him to communicate to
the house, if, in his opinion, rot incompatible with
the public interests, all the information in his pos-
session relative to the practical working of the
treaty, whether the Provincial Government of Ca..
ilada has not, through its Legislature, violated the
Spirit of the said treaty ; what has been the prac-
tical effect of the third clause of the treaty upon:the
interests of the respective countries; what mea.
sures, if any, had been taken to procure correct in-
formation touching the practical operation and
effect of the third clause of the treaty upon the in-
terests of American citizens, and whether in his
opinion, the said third article could not, with ad- ,
vantage to American interests, ha -either amended
or rescinded. This course of Mr. Ely brings up the
whole question, and when opportunity offers he
will discuss it at length before the house. It is
said Canada has increased the tariff on goods not
named in the free list till it amounts to prohibition.
The evil is great, and needs prompt correction.
"The documents sent into the Senate to-day
by the !President embrace the instructions of the
Navy Department to Capt. Jarvis. Under date of
July 27, 1858, he is informed that the ship of war
Savannah has been prepared for service in the home
squadron, axd he is directed to proceed with her to
San Juan del Norte, Nicaragua.
" You will at all times,' the Secretary adds,
afford protection to citizens of the United States
and their property, and should occasion arise pro-
tect any vessel of the United States from search or
detention on the high seas by the armed ships of
any other Powers.'

" The following letter from the Secretary to Capt.
Jarvis had not reached him at the time of the cap-
ture of the Miramon steamers :
" Navy Department, March 13.
" ' Sir,—With a view to afford the protection due
to our citizens at Vera Cruz, the President has
directed the Hon. R. M‘Lane, should a hostile force
approach that place, and he should consider the

American citizens there in danger from its opera-
tions, to request the commanding officer of the
United States vessels of war on that coast to land

such forces as may be needed and can be spared
from indispensable duties, and to employ them for
the protection of our citizens whos? persons or pro-
perty he may believe to be in danger. Should Mr.
M'Lane therefore make of yeu, as senior command-

ing officer, the request which his instructions au-
thorises him to do, you will promptly comply with
it. Statements having been made which lead to the
belief that arrangements are making by what is
known as the Miramon Government of Mexico to
establish a blockade at Vera Cruz and other ports
on the Gulf of Mexico, the President has decided
that no such blockade will be recognised by the
United States. You are therefore directed to em-
ploy the naval force under your command to afford
American vessels free ingress and egress at all
Mexican ports, and fully to protect them.'
" The same orders were sent to Capt. Farragut,
commanding the Brooklyn, and Commanders 'fur-

ncr, Jenkins, and Ilazlrd, respectively commanding
the Saratoga, Preble, and Pocahontas.
" In communicating the documents relative to
the course of Captains Jarvis and Turner, in the

seizure of the Miramon steamers, the Secretary
adds :

" Upon the facts stated in these ogiciql reports
the Department approves the conduct of both those
gallant officers and the officers and men under their

command.'"

COMMERCIAL INTELLIGENCE.

In the New York money-market on the 30th ult.
a fair business was done in bills on London at UN
dols. to 108 L dols. per cent., and some of the brokers
called the market thin within this quotation, some
of the heaviest transactions of the day being at 10S.i,
dols. per cent. net for Southern bills, Bank endorsed
here as well as New Orleans ; Paris steady at of.
181 e. to Of. 171 c. About 400,000 dols. or 500,000
dols. in California gold bars and Mexican silver
were put up for export. In discounts nothing
new. Prime paper continued in request, outside of
Bank, at 5 to 51 for short bills, and 6 to 61 for the
longer dates, well endorsed. Among the stock-
brokers the more active speculation on the Ex-
change afforded rather better employment for
money, on demand loan, at 5 to ( per cent., though
the supply kept abundant.