The Sun.
London, England, 1835-12-08 00:00:00

fIE SUN, LON D ON, 11- 'UESI)AY, DECEMBER 8, 1535

Pal ci s or .'LUCK'-' THIS l) A V Al .)Nli O'CLOCk
Palk Stock.. - "21014 I Inclid Mtt,k...........
I per Cent Red. thr!;,',, ''.', Ditto Bernie .. ...
i per Cent Cons
3,.;, per Cent —'.Old Annuities ....,
Ditto Red 91.; A 1 New Ditto :
New Sii, per Cent ..
New 3 per Cent... - _Exch. Bills, .t. lOW l7 1/1 IS pm
tank LongAnnuiti, sto expire Ditto
IS pm
Jan 5, !,-414'
.. -- Ditto Small l7 Iti 15 pm
Oct IP, Kg' MI Ditto C0mmercia1.......... pm
5 Jan. , ISO, — Ditto Advertised Nta
Jan 5, ISSO — I
Bank Stock far-Acc0unt.........—
April
~ ts;o •--- lndia Stock forAccetint.. --
Jan 5. 1:470 --- I Consols for Acconnt
Omnium 11", pm

3 5 pm,

~)i T& ~:2

.
PRICES OF FOREIGN FUNDS THIS DAY AT ONE O'CLOCK.
Austrian Bonds " Portivian Bonds
Belgian Bonds 9713,i% Ditto Account ...., -
.
Ditto Account. - Portugueseßonds —
;rnz li an Bonds - , Ditto Account —
Ditto Account — Ditto New Bonds —
Buenos Avres Bonds — Ditto Account 64N C.
- Ditto Account — i Ditto, 3 per cent., 5614 5
Chilli n Bonds — 'Prussian Bonds .1
Ditto Account Russian Bonds, lit!' ICS
Coltimb•millonds —} Ditto Account,.. —
Ditto Ac.c.ount
Columbian Bonds, M 1 32 Spanish Bonds —
Ditto Account
1) inish Bonds
Ditto Account
Greek Bonds —lFrench, 5 per cent.
Ditto Bonds, 19.25 — 4 per cent —f. —c.
Ditto Account — -- 3 per cent. —f. —c.
Mexican Bonds, 5 per cent. 29,6 S •-- Exchange —f. —c.
Ditto Account 2S 'Dutch, 2,;,,per cent. s*, 'X
• Ditto, 6 per cent `34:1 91, Ditto Account —
Ditto Account — Ditto, 5 per cent JOIN WriN
Neapolitan — ' Ditto Account
1 PRICES•OF SHARES THIS DAY AT

-NI u'CLOCK.
Paid. Per Share
Bo!aims Mining Company l5O • 137.4
Alliance Marine Assurance Company ' 5 . 5%
National Bank of Ireland lO 1.1 tAi
National Provincial Bank of England

HI It VGATER Al LONDON BRIDGE; TO-MORROW.
Morning 90 minutes after 4. Rretiirp, 49 minutes after 4.

MESSRS. MATHEWS AND YATES'
THEATRE ROYAL ADELPHI,
Under the sole Management of Mrs. NISBETT,
THIS EVENING will be performed. the Burletta called
THE DREAM AT SEA.

Principal Characters by Mr. Vining, Mr,. 0. Smith, Mr. Buckstone,
Mr. Wilkinson, Mr. Hemming, Mr. W. Bennett, ➢liss Daly, and Mrs•
Niebett.

Afterwhich--FAMILY PECULIARITIES.

Principal Characters by Messrs. Wrench, W. Bennett, Mrs. Nisbet
and the Misses Mordaunt.
Followed by the New Grand Operatic 13urlesque entitled
THE JEWESS.

Principal Characters by 'Messrs. 0. Smith, Wilkinson, Webster, Miss
Vincent, and Miss Daly.
To conclude with—THE MAZOURKA.
Box-office open from Ten till Four.'
Mr. rams, of St. James's-street, is appointed Sole Agent for the dis.
posal of Private Boxes.

HA4IBU Ito, NOVEMBER 17, 1835.
THE TICKETS of the 67th GREAT LOT-
TERY of the STATE of HAMBURG, selling most
rapidly, and being newly cleared off,
HEINE BROTHERS, the CONTRACTORS,
Beg to state that no time is to be lost in ordering, if desired to be
obtained before a rise in price. To those remitting a 101. note
without delay, they will, on executing the order, remit a surplus of
2/. by return of post. But to anrperson remitting 101. after the
establishment of a higher rate than the original price of Si., they
will be obliged to return his own remittance, leaving the order un-
executed.
To those remitting 20/., they will return 4/. ; and to those re-
mitting 301., they will return 6/:, provided they be in time for
meeting attention.

LONDON,
TUESDAY EVENING, DECEMBER 8, 1835.

We have seen letters from Lisbon of the 29th ult.,
brought by the steamer London Merchant. The
capital remained tranquil, but the position of the
Ministry was very precarious and difficult, on-account
of the poor state in which the treasury was.: It, is
said that M. CAMPOS intends to transmit to London
about 30,000 sovereigns for the payment of the divi-
dends due on the Ist January, and the remainder in
bills upon the Portuguese agents in England. For
this purpose he was in negociation with the Bank to
advance him that sum, for which the Directors will
draw likewise on their agents.
The writers state, that even this difficulty being
arranged, the new Ministry cannot succeed in provid-
ing the necessary funds for the payment of about
140,0001. Treasury Bonds, due on the Ist of January
next; payable in London.
M. GOMEZ DE CASTRO, one of the Lords, and
Secretary of the Treasury, had been dismissed ; and
almost every body was convinced that the new Minis-
try would be obliged to give way as soon as the Cortes
assembled.

In the Paris Papers of Sunday, the whole of which
we have just received, we find several long articles on
the chances of a war between France and the United
States. The following, from the Moniteur of Sunday,
which may be regarded as official, is deserving of at-

tention
:
" The Gazette de France, after reprinting the text of the
article which appeared in the Moniteur of the 4th inst., ex.
presses itself as follows :—' To the laconic expressions of this
explanation we will add some details, the correctness of which
we think ourselves able to guarantee. Yes, immediately after
the vote of the law of the 25,000,000, the Minister for Fo-
reign Affairs did write to the Charge d'Affaires of France to,
communicate to General Jackson the amendment introduced
into the law, and to assure him that the French Ministry
would be content with the smallest retractation. The French
envoy said to hirri—' If you consent in your message at the
opening of Congress to intimate that you have perhaps allowed
a little vivacity to appear in your complaints, the French Go-
vernment will hold itself perfectly satisfied, and all will be
ended.' But what the article of the Moniteur does not say
is, that General Jackson did not deign to reply to these hints
of the French envoy, and that it was the very day after they
were made that the order was sent to Mr. Barton to leave
Paris. Now, we would ask any man of conscience and of
good faith, if there be a Government on earth that would have
dared six years ago to treat a Charge d'Affaires of France with
so much disdain ?" _
" The correspondent of the Gazette is assuredly very badly
informed. It is false that the object of the communication
made by order of the French Government to the Government
of the ,United States was to obtain the insertion, of s4ch .or
such expressions in the next Message. The Governinent.con-
fined itself to the official communication of the existence and
the tenour of the law of the 17th of June, 1835, the duties
which that law imposed or, it, and the nature of the explana-
tions it had a right to expect. It is false that the communi-
cation made by order of the French Government to the GO-
vernment of the United States remained without reply. The
communication was verbal, and the answer was verbal. Of
the same nature were the communications exchanged at Paris
between the Minister for Foreign Affairs and the Charge
d'Affaires of the United States. The documents relative to
these conferences will be laid on the table of the Chamber of
Peers, and on that of the Chamber of Deputies. If it has
not been possible to come to an arrangement, there will at
least be nothing found in these papers to make the misunder-
standing between the two countries more serious than it is.
Nevertheless, the recall of the Charg6 d'Affaires of the United
States, coming, as it does, after the proposal of measures
made last year by the President to Congress against French
property, certain precautions have become necessary. Under
such circumstances the French Government was bound to pre-
pare for the protection of national interests against any event
which might arise. Such is the object of the armaments which
are taking place in our ports. That object is purely defensive.
There does not exist at this moment any legitimate cause of
war between France and the United States, and in no case will
France be the aggressor."
Upon this version of the diplomatic negotiations
between the Governments of France and the United
States, the National has the following caustic

observations :
" If none but verbal communications have taken place since
Mr. Livingston's last letter, it is the French Government that
has set the example of such mode of nbgotiation. M. Pageot,
the Charge d'Affaires at Washington, was desired to raconter
to Mr. Forsyth that the French Chambers had voted an amend-
ment subjecting the execution of the Treaty to a reparation
for the injurious language of the message. Mr. Forsyth ver-
bally replied that he would take no notice of M. Pageot's nar-
rative. Mr. Barton demanded of the Duke de Broglie' in the
way of conversation, on what day it would please the French
Government to,pay down the money, and the Duke, in his
turn, replied, like Mr. Forsyth, that he had nothing to say to
such a question. " Such are, probably," adds the National,
" the important communications to be deposited upon the ta-
bles of the Chambers, and, no doubt, the Chambers will do
justice to the profound ability and undeniable sense of dignity
that have been displayed in the negotiations."
We are not in a condition to speak with a degree
of certainty upon the result of these negotiations, but

if both parties are intent upon the preservation of their
own interests there will be no war.. All n ill now de.

Pend upon the tenor of the PRESIDENT'S message to
Congress. We are ourselves strongly opposed to a
declaration of War between France and the United
States because we do not see how England
could remain neuter ; secondly, because we are more
convinced, from the events of every day, that we, in
conjunction with France, arc on the eve of a warswith
Russia. Now it would be. extremely difficult for us to
take the field as the ally of France against Russia, and
yet to remain passiVe in the case- of a war with the
United States—which at the outset would .have a
powerful effect on the British possessions in the New
World. Our position, in the' event of such an oc-
currence, would be indeed a delicate one in the extreme.
There is no other news of moment in the French
Journals of Sunday.

PhalS, DEC. B.—The numbers of the Vapor of the 25th,
26th, and 27th of November arc almost entirely destitute of
political interest.
General Mina has given orders for 10,000 uniforms, and
enjoined all officers who are absent from their corps to join
them immediately.
It is affirmed that M. Ouvrard, whose life has been so
full of activity and adventure, and who had been absent from
Paris since the Revolution of 1830, returned a few days ago
to endeavour to obtain subscriptions for a loan opened in Hol-
land for Don Carlos, and to be guaranteed by the King of
Naples and other powers. It is said the plan has not suc-
ceeded.

-13 ya letter from St. Sebastian, of Nov. 23, we learn posi-
tively that Jaureguy ( El Pastor) has just made himself master
of Villareal, a little town in Biscay, twelve leagues from
Biaboa, and that two other divisions, commanded by Espar-
tero, have just arrived in the same country.
-Other accounts,. of the 29th, say that the Carlists continue,
however, to keep Sebastian in a kind of state of blockade, and
that the authorities of the city seem studiously to avoid doing
anything to repulse them. Perhaps it is a stratagem, for no-
thing would be more easy than to render the avenues •to .the
place free.=-Indicateur. _ _

r---
As soon as the Chambers meet, the Minister will ask for an
extraordinary vote for credit, to cover the expenses of the naval
armaments which are now making. A journal says that the
expense already incurred is reported to amount to eight Mil-

•
lions.—/Ifessay' er, Dec. 6. -
PARIS, DEC. 6.—TORTONI'S, HALF-PAST ONE.—The of-
ficial last price of the Three per Cents. for the 'Account:was
yesterday ( Saturday) 79f. 90c. ; but it was rather a manoeuvred
quotation, and immediately after the ringing of the b4l 79f.
80c. was done in the Coulisse, and then 79f. 75c. The jobbers
to-day seem afraid, and the business is very unimportant. The
little done has been 79f, 75c. and 79f. 80c.

New York papers to the 19th inst. inclusive have
just been forwarded to us via Liverpool. Copious
extracts from them will be found in another co-
lumn. It will be seen from them, that the
question of a war with France is as much agi-
tated in the political circles of New York
and Washington, as in the salons of Paris. Inde-
pendently of every other consideration, we are opposed
to such a war, because it would derogate from the na-

tional honour of the French nation. If France
resolve upon hostilities, let her, for the sake, of
her own honour, precede them by a payment of
a debt which she herself has acknowledged
to be justly due to the United States. The debt being
once recognized, cannot be liquidated by a threat or a
menace, however gratifyng to the vanity of France.
The only honourable and just course which France can
pursue is to pay the debt first, and afterwards demand
such apologies as she may think due to her. As we have
repeatedly said France is too powerful, and her
prowess too well known, for her to entertain fears with

respect to being supposed to pay any debt under the
influence of fear. If she herself labours under such
an apprehension, she can easily dispel it after
paying the debt. She can then demand what
reparation she pleases, and if refused, she will be
as able to assert her own dignity as she is at present.
She will also have the sympathies of all honest and
impartial Statesmen in her favour=which she cannot
have, if she declare war before paying the twenty-five
millions of francs due to the Government of the United
States.

We have, however, good grounds,for believing that

he whole affair will terminate amicably. France is ev:

dently is aware that she would lose more than the
twenty•five 'Millions of francs by the injury her trade
would sustain; and neutral parties have made

overtures to Louis PHILLIPPE, which are likely to
meet with prompt attention. A war between two Libe-
ral Governments on a question which, after all, amounts
to little more than an alleged breach of diplomatic
etiquette, is really too ridiculous to be contemplated in
the nineteenth century.

In a letter to the Editor of the Leeds Times, whit
will be found in another part of The Sun, Mr
O'CONNELL announces that he has not " abandoned
the pursuit of the Repeal of the Union ;" but that, on
the contrary, he is as " thoroughly convinced as ever,
that Ireland will never be well or honestly governed,
until she has a domestic legislation of her own." He
adds, however, that he has been induced to postpone
the agitation of the measure for two reasons :—First,
" to give, in the full spirit of candour and fair play,
room for the entire working out of an experiment of
whether Ireland can have a just and beneficial Govern-
ment without Repeal ;" and secondly, because that
country " is not as yet ripe for a simultaneous effort."
We regret to find Mr. O'CONNELL still harping on
the question of Repeal, and playing, as it were, fast
and loose with it, just as the whim of the moment
may suggest ; at one time leading his readers to sup-
pose that he has recovered the use of his , senses and
abandoned it ; and at another, that he is just as great
an enthusiast in its favour as ever. Far better lie dis-
missed the qUestion at once from his mind, and .directed
his attention to matters a thousand times mere.pressing.
A Reform in the House of Lords, for-instance, 'is a
theme on which he cannot, bestow too attentive
a consideration ; and by doing his best to fur-
ther this, lie will be rendering himself a much
'more efficient benefactor to his. countrymen, than
if lie were to keep them in a state of constant ex-
citement, by buoying them up with hopes which he
knows, full as well as we can tell him, never can and
never will be realized. We pass by with the indiffe-
rence they deserve, all Mr. O'CoNNELL's crotchety
notions on the subject of Repeal; but not so do we
treat his remarks on " Peerage Reform," for these are
worthy of most serious attention. The latter and
better portion of his letter is wholly devoted to this
subject, and contains his plan for reforming the Upper
House, which is as follows
First—l take the English Peerage, and I find they amount
altogether to 421 ; there are twelve peeresses whose sons will
be Peers, total 433. The Irish Peers, the greater part of
whom never saw Ireland, are 202 ; of these no less than 72 are
included in the English Peerage, leaving 130 Irish Peers to
be added to the 433 English, total 563 ; add for Scotland 57,
not being English Peers ; the otal of the existing Peers will
thus amount to 620 persons. I reckon the Irish and Scotch
Peers as well as the English, for they certainly should be put
on a footing of perfect equality, else the Union is a mockery
to them.
In order to carry the Bill for the Reform of the House of
Lords, it would be necessary to create a new batch of Peers,
and it would be wise in that case to create a large number,
suppose 180, so as to render the success of the Bill quite cer-
tain; it would be useful in another point of view to have a
great addition to the present peerage, because there would be
this important advantage, that the number of persons eligible
to sit in the Upper House of Parliament being so much
greater, the people would have a large range fer selection.
Taking then the present Peers at 620, and adding 180, you
would have 800 Peers altogether.
I propose that the House of Lords should 'in future consist
of 150 only-that these 150 should be elected by the people,
out of the 800.
The 800 Peers would be the sole persons eligible. The
electors I propose to be the people at large.
For that purpost-, I propose that Great Britain and Ireland
should be divided into 150 districts, as nearly equal in point of
population as possible. Each district to elect one Peer. Every
householder to be an elector ; and, for my part, I should most
anxiously desire that the electors should have the protection of
voting by ballot. It is included in my plan.
It seems to me that as the number of the eligible would be
limited, the electors ought to be as numerous as possible.
I propose that the number of Peers should never be less

than 500. Ido not propose in any way to restrict the Royal
prerogative of creating, Peers. The more Peers the King may
create, the greater would be the opportunity afforled for the
people of making a good choice.
I propose that the Legislative body of the Peers should be
elected. for five years ; one-fifth to go out annually, with the
full capacity of being re-elected. -
This plan would leave the prerogative of the Crown un-
touched. The King would have the power to create as many
Peers as he pleased. The only limitation would be. in the
opposite sense. There should be always 800 Peers—there
are now 620. _ _ _

..„..
This then is the summary of my plan. Let the liouse of
Lords for legislation be reduced to 150. There set:l°m attend
so many, except for bad purposes. Let the selection of 150
be given in districts, which may with the utmost facility be
framed for that purpose. My plan would include household
suffrage, and vote by ballot.
We perfectly agree with Mr. O'CoNNELt. in his
proposal to introduce the elective principle into the
House of Lords ; but we question the propriety of his
confining the Aristocratic Legislators to so -small a
number as a hundred and fifty; for at
,seasons when
party spirit ran high, such a number would be more
likely to answer the purposes of faction than a more
extended one. However, the subject is one, not to
be hastily or rashly decided on; for the welfare of
millions is mixed up with it, and a single false step
might be productive of mischiefs which scarce a
century would repair. For the present, there-
fore, we content ourselves with the remark that
the House of Lords must be reformed, and the
sooner this is set about in a judicious, temperate, and
Constitutional spirit, the better will it be, both for the

Peers themselves, and the country, which is, more or
less, subjected to their domination. The very idea of
an Upper House legislating on irresponsible principles,
when the head of the State himself is, to a certain

extent, responsible, and the House of Commons is
subject to the most rigid responsibility, is an absurdity
of the 'grossest character. This was apparent even
before the passing of the Refoim Bill. How much
more so, then, must it be now, when not a Session
passes but its effects are seen and felt by the whole
community ? A Reform of the Lords is the necessary
sequel of a Reform of the Commons ; and till this be
effected, the task of Constitutional regeneration is but
half accomplished.

4,*t
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