The Sun.
London, England, 1859-10-05 00:00:00

Union :

"Old Church Cottage, Bexley, Kent, S.E.,
Sept. 29, 1859.

" Sir,—Every available opportunity should be seized by
Reformers for the expression of their minds, for the aid of
their friends, for drawing out the intention of opponents ;
in a word, for the furtherance of our cause.
, .

"An election is about to take place for the county of
Ayr. The Conservative candidate who addresses the elec-
tors in the North British Advertiser of September 24, is
one of the people whom the House of Commons in its com-
ing session will tax, and for whom it will engage in the
business of legislation.
"The candidate is aware that at present some only of
the people of Ayr, who share with him the public burdens,
and are governed by the laws, have a voice sending one to
represent them in the assembly he hopes to join. The
rest, the bulk of the people, are unrepresented.
" He is aware that on this account the question of the
extension of the franchise is one of national importance,
which must immediately arise.

" He has observed that an identity of sentiment has been
expressed by the head of the present Government and the
most respected of Conservative statesmen, and looks, hence,
for its early settlement upon a safe and constitutional
footing.
" But the sentiment embodied in the Reform Bill,' and
carried, after an arduous struggle, by the Minister of the
day, with the support of the country, was not identical with
the views of the most respected members of the Opposition.
" The Conservatives of our day are more polished by the
friction of public opinion than the Tories were : and have
bent their stubborn wills to the demands of famine and as
inexorable political complicities, but they are essentially
the same as the men who opposed reform of old.
" Therefore, by how much the principle of the new Re-
form Bill will be opposed by the Conservatives, even so
much will it approximate to the just wishes of the people.
" For the present Liberal Ministry to have the support
of the country, it has only to express in the principle of
their measure of reform ' identity of sentiment with the
Opposition.'
_ _

-‘2 But the Conservative candidate for Ayr says, I desire
to see the privilege of the franchise placed within the reach
of educated industry.' If he will say, in explanation of his
meaning, that he desires that every man obtaining an
honest livelihood, who can so read as to gather knowledge,
may be admitted to the privileges of a freeman ; then in
that respect he is worthy of the support of every true
reformer.

" The candidate adds—' He would not lower the fran-
chise to the unimproving and irresponsible.'
The man who has learned a trade, or who knows hoW
to earn his living, and can read—ls he unimproving ?
" The man who is bound to render obedience to the laws,
who registers his place of abode and place of business—ls
he irresponsible ?

" Should the Conservative candidate answer these
questions in the negative again, pro tanto—ls he worthy
of a Liberal's support ?
" It is of the utmost importance that the professions of
a candidate for a seat in Parliament should be explained in
words expressive of the facts with which we are surrounded.
" Men can thus learn with unerring certainty who are
for them and who against them.
" Hoping that the Northern Reform Union will be able
to put itself in communication with the Reformers of Ayr,
and seeing in this instance the necessity of national organi-
sation, the local interests may receive general support.---1
have the honour to be, sir, yours faithfully,
"Mr. R. B. Reed, ‘ITEiNHAY.
" Hon. Sec. Northern Reform Union."

CITY, Two o'CLocK.
The general inquiry for discount accommodation,
both in Lombard-street and at the Bank of Eng-
land, has abated, and the rates charged for negotia-
ting commercial paper are a shade easier in
consequence. While the available supplies
continue so abundant, any decidedly upward
movement can scarcely be considered proba-
ble, particularly at a time when gold is accu-
mulating in the national establishment. The
diminished inquiry which has succeeded the liqui-
dation of the engagements due yesterday, the 4th
of the month, has stimulated competition, and first
class bills, for which 21 per cent. was required a '
few days ago, are now discounted 1 to 1 per cent.
lower. Should this easiness continue the Bank
authorities will have some difficulty in keeping up
their stock. Other transactions, especially in
the loans granted on stock, where the transfer
books remain closed, will soon be repaid.
The foreign exchanges yesterday afternoon ex-
hibited a slight decline in the rate on Hamburgh.
A further amount of nearly £60,000 was sent
into the Bank of England yesterday.
The Tyne from the Brazils has been announced
this morning with £19,658 in specie.
The Liverpool Cotton Market yesterday closed
quietly, and prices remained without any important
variation. The sales were estimated at 8,000
bales. In the Railway Share Market the trans-
actions were of a very moderate character, and
quotations tended downwards.
The half-yearly meeting of proprietors of the
Great Western Railway of Canada took place to-
day, Mr. Gill in the chair. The report stated that
the income of the kalf-year was £64,499 17s. 3d.,
and the expenditure £48,126 17s. Bd., leaving a
balance of £16,372 19s. 7d., from which a further
deduction was made on account of the Desjardins
accident, repairs of embankments, &c., leaving
nnly a . net balance of £8,167 13s. ld., which it
was recommended by the directors should be car-
ried to the next account. The falling off in the re-
ceipts was traced to the bad harvests in Canada,
and to the depressed state of business. As the
crops of the present year were abundant, and well
secured, the directors hoped the current half year
would show such an improvement as would in the
and make up for the present deficiency. The re-
port was eventually adopted.
The transactions in the market for public seen-
ritis to-day have been rather limited, the specula-
tive as well as the investing classes abstaining
from active business. Still, values are firmly main-
tained, with occasional symptoms of buoyancy.
Consols have been 951 96, but they have since re-
turned to their previous position, 95i for money
and account. The receipt of higher prices from
the Paris Bourse, where an improved feeling seems
to prevail, has exercised a favourable influence.
India Stock has improved to 219 ; ditto New, 5
per Cent., 1011 ; and ditto Scrip, to 1011 ; ditto
Loan Debentures are steady at 951 ; and the
Bonds at par; Exchequer Bills are firmer at 245. to
275. prem.