The Sun.
London, England, 1835-06-04 00:00:00

SPANISH BONDS.

TO THE EDITOR OF THE SUN.
Sia,-1 am a holder of Spanish Bonds, which I purchased
at above 71. I embarked in them from the hope of a fair in-
terest for my money, and I certainly considered that I was jus-
tified in my expectation from the Quadruple Treaty which had
been entered into by England, France, Spain, and Portugal.
I considered, indeed, the prime object of this treaty to be the
assertion and maintenance of liberal and beneficent principles
against the pernicious influence of the Northern Powers, but, at
the same time, I inferred that every assistance rendered in the
way of loan to such a cause would be as sacredly protected as
the cause itself.

Don Carlos, with his brigands, are suffered to ravage the
country, and to threaten the existence of its best interests.
Thanks to Tory machinations,—he has obtained a legal sanc-
tion for his warfare, and thus a rebel, a denounced traitor, is
permitted to assail a constitutional government, to proclaim the
sacrifice of every pecuniary obligation which Spain has so-
lemnly entered into with thousands, and to despise a treaty
made among nations, of which two are the mightiest upon the
face of the earth.

If it be not meant to betray those who lent money to the
Constitutional cause, and sacrifice them to the proclaimed in-
tentions of most dishonest men, if it is not intended to present
the disgraceful spectacle of England and France unfaithful to
their obligations, and succumbing to the vaunts of bigotry and
despotism, these nations will without delay exert against the
anarchy and treason of Don Carlos and his adherents, the
authority and powers of the Quadruple Treaty.
I am, Sir, yours, &c.

Bath, May 29.

FRENCH PROSPECTS.

VIGIL.

TO THE EDITOR OF THE SUN.

SlR—it is hardly possible, in taking up the map of Europe,
to put one's finger on a spot free from internal commotions.
The spirit of agitation is at work in most countries, and a
tacit understanding to resist oppression seems happily to ani-
mate their various inhabitants. On the borders of the Tagus,
from the Pyrenean heights and in the silent recesses of unob-
trusive Switzerland, LIBERTY unfurls her glorious flag, and
whether through the voiceless voice of the Press, or the ac-
clamations of masses, or the roar of cannon— .
" In every peal she calls—Awake ! apse!"
We are, indeed, deeply interested in this magnificent spectacle.
Every friend of his species must pant for the day when the
dull Austrian shall no longer deface the classic and lovely soil
of Italy ; when the Swiss cantons shall be bound together by
the ties of freedom and unanimity, and the enlightened sympa-
thies of a QUADRA Or an ARGUELLES rule the destinies of Spain,
for until some rational policy be established, we dare not hope
the " clang of conflict" to be hushed. But of all the nations
engaged in the noble struggle for independence, FRANCE de-
mands our strictest attention, and enlists our warmest sympa-
thies. Powerful from her central situation, and the daring
genius of her people, she possesses an influence which is felt
in the remotest parts of the world. That strength, too, has of
late years been considerably increased by the diffusion of know-
ledge, which humanizing, as it unquestionably does, the nature
of man, renders him also a better, because a wiser, judge of his
political condition. Hence, the French now have something
more stable to rely on than military prowess ; their undimi-
nished ardour for glory is tempered with the mollifying rays
of wisdom and past lessons, which have taught them that
the paths of ambition lead generally to despotism, and that
the sword never reflects so much brilliancy as when drawn
against the enemies of liberty.
Whatever may induce some politicians to keep the truth in
the back ground and disguise the real nature of affairs, few, I
imagine, will be inclined to believe the Orleans dynasty
founded on a rock. A feeling of distrust to the present Go-
vernment has been gradually augmenting ; nor can we, if we
reflect at all, be much surprised at it. Louis PHILIPPE had
scarcely ascended the throne, before he, with his own hand,
stabbed his fame, and placed himself in a false position,
whence he has never recovered. He broke a lance with that
Press to whose active zeal he owed his sceptre, and he dese-
crated the dignity of Royalty by a thousand paltry prosecu-
tions. But the men who, in the days of July, as eagerly
grasped the sword as formerly they had courageously handled
the pen, were not to be frightened by a platoon of gendarmerie;
separated from their families, and deprived of tile means o!.
supporting them, they submitted willingly to every privation,
and, attracting the attention, roused likewise the indignation
of freemen. Nothing was more natural, after the explosion
of 1830, than for individuals of hotter temperaments than
sound judgments, to express opinions of an ultra kind, and in-
consistent with the order of things. The press was declared
unreservedly open, and they had a perfect right to prefer a
commonwealth, and heap anathemas upon kings, which would
have fallen mere brute fulnzina on a Government whose basis
was the affection of the people. But the instant they were
made the object of attack, the writers rose to unmerited and
unexpected importance ; you forwarded their most anxious
wishes by investing them with the crown of martyrdom ; you
made that practically true which had been only matter for
theoretical declamation, and in the oppression cf a free citizen
you displayed the evils of a monarchy. Nor is this the only
charge levied against the Ruler of France ; he has heartlessly
abandoned his best friends. [laving made them, as it were,
the ladder for attaining the summit of his hopes, no sooner is
it reached than he unceremoniously kicks them from beneath
him. So long as Louts PutetriE was under the guidance cf
the gentle, the immortal LAFAVV.TTE, his actions were just,
his career bright arid promising. In that union the people
beheld a guarantee for their rights ; they knew that this
PHOCION of modern times would never be a party to any act
derogatory from their dignity, or contrary to their rights. Was
it wise to spurn the hand that proffered tile crown? Was it
politic to discard one whose name was synonimous for integrity
and experience? Was it respectful towards the country at
large to reward its tried and most approved friend, its veteran
warrior, and its WASHINGTON, by sending him to a disappointed
and desponding grave? The French are beginning to dis-
cover that, after all, they have but changed kings ; they ask,
and with reason, where is the fulfilment of those promises
made at the HOTEL DE VILLE ? Where are the institutions
apart from corruption—the laws whose source is justice ? We
expected an extension of the elective franchise, a steady obser-
vance of the Charter, ministerial responsibility, and no undue
interference from the Monarch. We expected that with
Charles X. fell priestly power--4hat with him for ever were
swept away all sentiments of regard for Foreign Despots,
towards whom FRANCE would hold a tone of defiance ; we
thought that peaCe would be the new Monarch's device, and
that the military forces would be reduced ; we hoped to see
impartiality in our public functionaries, lenity in our laws, and
order preserved without recourse to bayonets ; in a word, we
did not anticipate that our unbounded generosity and unli-
mited confidence, were to be repaid by coercion, domiciliary
visits, nightly emeutes, and police intrigues. Such is the lan-
guage held, not by the hot-headed, and young, and unem-
ployed, but by the sober, industrious, and peaceful majority of
Frenchmen. Here is no angry or sudden ebullition of feel-
ing, no thirsting after novelty. So far is any thing of the
kind visible, that condemnation is coupled with regret at such
blindness, when least expected. All acknowledge the per-
sonal worth of the King, but all behold his infatuation with
astonishment and alarm. What is obvious to the commonest
understanding is impervious to the heart that throbs beneath a
regal mantle. Must lessons always, then, be written in letters
of blood, and will Louis PHILIPPE awake only from his fatal
lethargy when his ears are assailed by the tumultuous cries of
A BAS LE TRAITRE I VIVE LA REPUBLIQUE !

Some persons pretend to be mightily concerned at the alarm-
ing state of France, and lament most pathetically the restless-
ness and love of innovation which characterize the people ;
but all this is nothing, but that loose sort of talk to which the
half-informed are so remarkably prone ; without being capable
of diving in medias res, they indolently g!iclo upon the surface,
and with a great deal of nonsense and falsehood, now and then
pick up a little truth, and common sense. A country is pro-
perly speaking in an alarming state when from some cause or
other its finances are in confusion ; when its agriculture is
depressed, its commercial and manufacturing districts at a
stand still, and a discontented population is consequently
rousing in on all sides. The bad particles that are continually
floating about, collect into a heap, and the amalgamation of
evil is productive of famine, murder, sedition, and all the
miseries which flow from idleness. Want of employment with
the educated classes amounts almost to a disease, and bears
hard usually on the physical frame, but amongst the ignorant
and vulgar, it is always accompanied with the grossest immo-
rality. A nation so circumstanced would be truly in a bad
way, but the reverse is the case in France ; Never was she
more thriving ; never was business more stirring, or wages
steadier, or provisions cheaper : all are busy, all are quiet
nothing is in danger but the Monarch's crown, and for that
he has to thank himself. Like the vain and ambitious
PHAETON, he has mounted the chariot, and, regardless of the
repeated admonitions of the experienced, driven rashly to the
brink of the precipice. When caution was absolutely neces-
sary he heedlessly dashed in the track of despotism, thinking
that a road, trodden by so many before him, could not but be
broad and unobstructive. Every one foresees the result of
this obstinacy; the French will not be disposed to try another
king ; they have felt the horrors of mob dominion—they have
beheld the inutility of wars--they have passed under the de-
grading yoke of priestly tyranny, and when to the black list
they add the rapacity and ingratitude of kings, prudence points
to a Republic as the only haven of security. FRANCE has few
or no remnants of feudality ; she is not troubled with a poli-
tical church, or ridden over by a monied aristocracy : these
Augean stables, let it never be forgotten, were cleansed by
rivers of human blood, because the warnings of reason were
neglected. The French, then, will give a fair trial to a pure
democracy, when taking compassion on the solitude of
Charles, they send him a companion. The impetus onward
such an event would give in England would be extreme, but
without danger to that form of government which we all of us
undoubtedry prefer. Here the chain of legitimacy is un-
broken—in France it has been snapped, and with it fell to the
ground that traditional respect which throws a halo of gran-
deur round the institutions of man.

MILO.

CHURCH RATES.—Mr. Williams of the county of
Carlow has been lying in prison for the last three months, and
is likely to continue there. It is not pretended that the claim
of Tithe might not be satisfied in the usual way—in the
manner in which it was always satisfied, from the premises of
Mr. Williams, as of other Quakers in Ireland. But this mode,
it seems, would not suit the present policy of the b ish
Church. Having punished so many refractory Papists, to
such little purpose, it was thought right and expedient to
make an example of a Dissenter—and in order to mark more
emphatically the temper of the claiming party, to select, of all
other classes of the Dissenter, a Quaker, to try the experi-
ment.

PRICES OF STOCKS THIS
Bank Stock
3 per Cent. Red. ... 9O 14 %
3 per Cent. Cons shut
3% per Cent. OB% 8 1,4
Ditto lied.
New 5% per Cent ahh% t
4 per Cent. Assented -
[Dissented ..... ..• -
Bank LongAnnuitiestoexpire
Jan. 5, 1860 16%
Oct. 10, 1839 16 7-10 %
Jan. 5, 1860 16%
Jan. 5, 1850 -
April 5, 1880 -
Jan. 5. 1870 -

PRICES` OF FOREIGN FUNDS
Austrian Bonds ....... —
Belgian Bonds
IM

Ditto Account
Brazilian Bonds ...............«
Ditto Account
Buenos Ayres Bonds

Ditto Account ......... ....... —1
Chillian Bonds
Ditto Account
Columbian Bonds SIN
Ditto Account
Columbian Bones, :824 .2)444 3 4
Ditto Account ......... ........
Danish Bonds . 76%
Ditto Account
Greek Bonds
Ditto Bonds, 1825
Ditto Account

Mexican Bonds, 5 per cent...,
Ditto Account _

Ditto, 6 per cent. ....... 36%
Ditt- Account

Neapolitan