The Sun.
London, England, 1869-06-23 00:00:00

THE FRENCH A7LANTIC CABLE.

The following telegram has just been received
from Captain Donaldson of the steamer William

Cory :

Sr. PIERRE (Newfoundland), June 23.

Arrived here to-day, all well ; will leave this
evening to proceed with the work of laying the St.
Pierre shore eud.

IMPERIAL PARLIA :JENT

--4---

HOUSE OF COMMONS.—THis DAT.
The SPEAKER took the chair at 12 o'clock.

MONEY LAWS (IRELAND) BILL.
Mr. DELARUNTY, in moving the second reading of this
bill, said that Ireland, having lost her local Parliament, is
entitled to the benefits and advantages of equal legislation
in England, and that as the union of 1800, being based
upon the assumption of different and independent interests,
has led to the enactment of separate laws for the two
countries, which have not worked beneficially for Ireland,
it bas become necessary to try the principle of legislative
equality. While the financial and money laws were the
same in both countries the manufactures in Ireland were
as one to four compared with Groat Britain, and the popu-
lation as:111 to 20 compared with England and Wales, but
since 1826, when different money laws first prevailed,
both productions and population have decreased in Ire-
land by one-half. Notwithstanding the many measures of
improvement which have been inaugurated since Ireland
has become comparatively depressed and depopulated,
The object of the bill now before the house was to put a
stop to the issue of small paper notes by -gradual sten;
and so to promote the better circulation of gold currency,
whereby industrial development may be greatly promoted.
In 1826 Lord King had attributed the existing embar-
rassments to the existence of one and two-pound notes.
The Marquis of Lonadowne, the Duke of Wellington, Mr.
Brougham, and several Chancellors of the Exchequer,
had at various periods expressed a similar opinion. Sir
Robert Peel also said that the consequence of the circu-
lation of small notes would inevitably be the dis-
appearance of the gold currency from circulation. He be-
lieved the passing of the bill would be of great benefit to
the country, and would tend to produce, in some measure,
renewed progress in manufactures; and he appealed to
the Government to support it.

Sir F. HEYGATE denied that the small note system
was any hindrance to the development of Irish commerce,
and said that in Scotland, where the same system pre-
vailed, the results were most encouraging and satisfac-
tory. He moved, as an amendment, that the bill be road
a second time this day three months.

Mr. BLAKE supported th• second reading of the
measure.

Mr. AND FAISON said ho had been requested by the
inhabitants of the South of Ireland to oppose the bill, and
ho readily did so, because he believed it would inflict groat
injury up.m the country by depriving her of the means of
purchasing raw material with which to carry on her ma-
nufactures.

Mr. LOWE failed to see the pract!cul difference be-
tween a paper and a metallic currency, providing
thy► fer►ier was based upon solid security. If the
bill were passed the effect would be to withdraw three
millions and a half of money from circulation iu Ire-
land, and the greatest injury would, iu consequence, be
inflicted upon the poor classcs of the population. The
Clovermnent could not consent to the adoption of such a
course, and he Loped the Louse would at once proceed
with the more imp.)rtant business on the paper.
After a few remarks from Sir J. ELnirssroNE and
Mr. Pis,

Mr. DEL AHUNT Y replied in a very animated speech,
Ns hick provoked much laughter, and the bill was then
withdrawn.

MEDICAL OFFICERS' SUPERANNUATION
(IRELAND) BILL.
Mr. BRADY moved the second reading of this bill, -in
favour of which he presented several petitions, and argued
that something ought to be done to improve the position
of the medical officers appointed in Ireland by the Poor
Law authorities su as to place them on an equality wish
their more fortunate brethren in the other branches of
the public service.
After some discussion, the bi 1 was read a second time,
and the house adjourned.

HOUSE OF COMNIONS.—LAST EVENING.
The SPEAKER took the chair at 2 o'clock.
THE BANKRUPTCY BILL.

The house again went into committee on this bill, and
proceeded to consider the amendments proposed to the
clauses. The discussion was dull and uninteresting dur-
ing the early port of the day.
The principal point taken into discussion was payment
of the costs of the sheriff, after a levying made by him, and
ho bud been displaced by the Bankruptcy Court. It was
proposed that he should b 3 paid by the official assignee
el . •
CVII,I 11140,1—•
tived.

The committee continued its deliberation up to the
hour at which the sitting was suspended.
On resuming at nine o'clock,
Mr. RYLANDS moved that it was expedient that any
measure for the general amendment of the laws for licens-
ing public-houses, beer-houses, and refreshment-houses
should include the prohibition of the sale of liquors on
Sunday.
Mr. T. COLLINS seconded the motion.

Mr. LOCKE was opposed to the bill, and in the course
of a ♦ery humorous speech, which provoked much mirth,
he commented on the fact that he had seen the mover of
this resolution in the dining- room of the house " much
the better for liquor." Why then should he try to de-
prive his poor and industrious neighbour of his humbler
drink ?

The motion, after a few words from Mr. llumEnT, was
then withdrawn.

Mr. GL ADSTONE moved for and obtained a select
committee to inquire into the site and charge of the New
Courts of Law ; and explained the reasons which had in-
duced the Government to prefer the Thames Embankment
to the Carey-street site.

The remaining orders of the day were formally disposed
of, and the house adjourned.

The Bank Returns.

The Bankers' Magazine furnishes the returns of the cir-
culation of the public and joint-stock banks in England
and Wales for the four weeks ending the 22nd of May.
These returns, combined with the circulation of the Scotch
and Irish banks for the same period, and the average cir-
culation of the Bank of England for the four weeks ended
the 19th of May (the nearest date furnished by their
returns), will give the following results of the circulation
of notes in the United Kingdom when compared with the
previous month :