The Sun.
London, England, 1867-06-28 00:00:00

Baltic, from New York, passed the Needles at
4.35 a.m. to-day.

WRECK OF THE AMERICAN FRIGATE
SACRAMENTO.

BOMBAY, June 22.
The American frigate Sacramento has been
wrecked near Cocanada. The crew were saved.

CALCUTTA AND CHINA (HEAVY) MAILS.

GIBRALTAR, June 27.

The China leaves here at 7 p.m. for Southampton,
where she may be expected in the course of Tues-
day, the 2nd prox.

FRANCE.
BOURSE, June 27, Three o'clock.—The market
closed as follows :

li- per Cents 9B 90
Do. end month —
3 per Cents. 69 15
Do. end month 69 15
Credit Mobilier
Do. end month
Credit Foncier —
Do. end month 1467 50
RAIL'

Orleans

Northern _ ,

Bank Shares 3300
Italian Loan 52 GO
Do. end month 52 721
Mexican Loau lB
Do. Bonds l3B 75
Spanish Threes
Homo Debt
Deferred
%kit&

For Account.
883 75

1216 25

Lyons and Mediterranean BBB 75
Southern 576 25
Western —
Eastern 537 50
Sardinian .. —
Austrian
Lombard 395
North of Spain lO6
Saragosea —
Roman. BO

VILLIERS UPON COBDEN.

At the unveiling of the statue of Mr. Cobden at
Salford on Wednesday, Mr. Villiers, who was re-

ceived with great applause, said he very gratefully
acknowledged the favour with which they had re-

ceived the announcement of his name as taking that

part in the proceedings which the committee had as-
signed to him. If he might ascribe that to the friendly
words of the ex-Mayor, or to their recollection of the
past, he assured them he was not only gratified, but

_ .
very grateful. But he really thought that some apo-
logy was almost required from him for presenting
himself to them on that occasion, because it was

necessarily one of great interest, and he could not
help feeling that he was occupying the place of one
who would have been able to do full justice to the
occasion. He had no pretensions of that kind, and
had only acceded to the request that was made to
him from sympathy with the purpose for which they
had assembled, and from the satisfaction which he
bad derived from joining those who had met to do
honour to the memory of one whom he very much
esteemed, with whom he was long and intimately as-
sociated, and with whom he had stood side by side in
Lancashire when engaged in that great struggle for
justice with which the name of Cobden must be im-

perishably connected. (Applause.) He should
ever look back with pride to the constant communi-
cation in which for years together he was placed
with that most distinguished person, and he felt there
was nothing that be could say that could heighten
the esteem in which his name was held, or deepen the
sorrow which was universally felt at his loss. He
knew nothing which was more instructive as to the
life and character of Richard Cobden than the uni-
versal outbreak of grief that proceeded from all the
centres of civilisation throughout Europe and Ame-
rica. (Hear.) All regarded him as an enlightened
citizen of the world, whose capacity and disposition
enabled him to benefit his race. (Hear, hear.)
To portray his character and career was impossible
within the short space allowed to proceedings of
that kind ; they must be studied and read in the
history of his country throughout a long and very
interesting period. (Hear, hear.) Thirty years had
elapsed since he (Mr. Villiers) came into Lancashire
for the sole purpose of making the acquaintance of
Cobden, being prompted to do so by a perusal of
his early literary productions. Ile (Mr. Villiers)
was then in Parliament, and had already pledged
himself to his constituents to leave nothing undone

o procure the repeal of the unrighteous laws which
,ampered with the food of the people. (Hear, hear.)
When he observed the wisdom, information, and en-

lightenment that appeared in Cobden's early works
he became most anxious to take counsel with the
author. lie felt that his labour had not been un-
rewarded, for the impression of their early interviews
had never been effaced from his mind. At that time
Cobden was comparatively young, but he (Mr.
Villiers) saw in him a man who had reflected deeply
upon public affairs—who, by travel and study, had
become well informed on all matters passing around
him, and whose views with regard to the improve-
ment of the people of this country were as bold as
they were benevolent—views which in after life he
never had occasion to change. He believed that
peace and goodwill among the nations of the earth
was not merely a sentiment to be preached, but was
also a practical policy—(hear, hear), which, but for
the ignorance and folly of men, and the rulers of
men, must prevail—(hear, hear)—and to the last
day of his life he did not despair that this great ob-
ject might be obtained by generous and enlightened

- .
legislation. If any man would candidly consider
what was the course pursued through life by Cob-
den, he would see what amount of thought, time,
and labour he devoted to that object. At the outset
of his political career he viewed with indignation
the laws and policy of this country, so far as they
dealt with the food and trade of the people. He
saw, and asserted with boldness and confidence,
that those laws not only marred the material pros-
perity of the country, but also that they precluded
everything like moral and social improvement
among the people. (Hear, hear.) From that time
he determined to devote all his energy and powers
to procure the repeal of those laws. He was often
reproached with being a man of one idea, and, in-
deed, with having only objects of trade in view. He
had the courage—which was his great characteristic,
to utterly disregard that reproach—(hear, hear)—
and he said that when he considered the idea and
what it involved, viz., the education of the people,
their moral and social improvement, and better re-
lations with all countries of the world, he was not
afraid of being reproached with being exclusively oc-
cupied with one idea. (Hear.) He was not what
his opponents liked to consider him, merely an
agitator, because he never spoke with more truth
than when he said that agitation was wholly un-
•congenial to his disposition, and nothing gave him
more pain than to engage in violent action. At first
he could not believe that what was then called " the
Reformed Parliament" would not repeal the Corn
Laws, but he himself was not then in Parliament.
He (Mr. Villiers) was there, and did not encourage
that notion, but was disposed to believe—an opinion
which bad been since entertained by others—that if
the corn laws had not then existed they would have
been enacted by the House of Commons as it was
then constituted, because, although it was not the
intention of the authors of the Reform Bill of 1832,
and was greatly to their disappointment, the interest
which had passed the corn laws was greatly
strengthened by that bill. Cobden's personal ob-
servations, however, led him to a conclusion oppo-
site to that which he bad previously formed, for he
was in the House of Commons one night during a
discussion upon the corn laws, and had an oppor-
tunity of seeing the demeanour of the House, and
what any man was exposed to who conducted a case
in that House under personal disadvantage and dis-
couragement. Cobden left the House suddenly
that night, returned to Lancashire, and determined
that he would never cease to work or act until the
public should be duly apprised of the character of
those laws and the difficulty of repealing them.
(Hear, hear.) That being his disposition, it was
fortunate that his domicile was in Lancashire.
(Hear, hear.) He (Mr. Villiors) need not allude
to the result of the appeals that were made to the
intelligence, public spirit, and munificence of that
county, how supplies were raised, how the League
was formed, how Cobden became its presiding
genius, and with what infinite effect and talent that
combination was wielded for seven years in conflict
with the Legislature, aye and until the garrison
surrendered—(applause and laughter)—and with as
distinct an object and character as any that existed
two centuries before, when the coatlict was bee