The Sun.
London, England, 1857-04-21 00:00:00

'IIE ELECTION OF SPEAKER.

In bygone times it used to be the regular custom
for the Speaker elect, while setting forth the ar-
duous nature of the office, and his own disqualifi-
cations, formally to pray to be excused ; and there
is one case on record in which the Sovereign took
the gentleman at his word, and sent the Commons
back to elect another Speaker. Sir John Poplinm
was the Speaker ix question, and Henry VI. the
King. In 1678 there was also a collision between
the Crown and the Commons on the subject of the
choice of a Speaker. King Charles IL wanted
some tool of his own to be chosen ; but the Coln'
mons asserted their independence, and elected Sit'
Edward Seymour. And as it was known that, on
his presentation at the bar of the Lords,
"excuse" would be received, he was instructed by
the House not to make one, but merely to an'
nounce that he had been elected nem. con. And •
this he did, and instead of "I pray you have we
excused," he concluded his speech with these wordel
"And now I am come hither for your Majesty's
approbation, which if your Majesty will be pleased
to grant, I shall do them (the Commons) and yon
the best service that I can." This unexpected,
harangue confounded the Lord Chancellor, who had
got a nice. little speech prepared for the occasion,
which was rendered useless. However, after soma
thought and consultation with his brother-
' commissioners, he told Mr. Speaker elect that the
King reserved hurl for " other services," and cern-
manded the house to choose another. But the
house persisted iu its choice, and the matter virns
not settled without a prorogation, which led to at
compromise. This Sir Edward Seymour was 01
the ducal house of Somerset, and is said by histo-
rians to have b,en the proudest, if not the most sr'
rogaut, man that ever lived ; and the followieri
anecdotes seem to prove the allegation. On 01
occasion, when Speaker, he ordered a Sergeant
Pemberton to be taken into custody by the Set-
geaut-at-Arms for not paying him sufficient resPeet
on passing through Westminster dl. On another:,
when his carriage broke down : t ,aring-cross, 11
seized the carriage of a private gentleman 010
passing, and turning the occupant out, took 4
place ; and when the gentleman expressed his 81.114;
prise at such conduct, Sir Edward replied, "
it is more proper for you to walk in the streets tbe
for the Speaker of the House of Commons to ,_
so." The Speaker elect no longer prays to bee„'e,
cused ; he now merely expresses his souse 01 tpit
arduous duties of his office, and adds—" That 1f
should be her Majesty's pleasure to disapprove
this choice, her Majesty's faithful Commons viio.
at once select some other member of their hour
better qualified to fill the station than himself."'

ETON COLLEGF.—Gibson and Whitting,
and Stevens, oppidan, have been selected by the Ile
E. C. Hawtrey, D.D , provost, and the Rev. C. G' °„a
ford, D.D., head master, for the distinction of the thr"Z
cadet•ihips in the East India Company's service, whieh
.
have been placed at the recommendation of Eton
lege by the Right Hon. V. Smith, President of t"to
Board of Control. These yourg gentlemen, previous
final approYal, will have to pass an examination
Cie Board ot Coetrol,

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AND
COMMERCIAL INTELLIGENCE.

in the
which
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tiltiTISH IWNDS THIS DAY AT ONE O'CLOCK.
(front the Officsed Lutz)
Business done.
:411't Stock
3 I)" '(tc.t. Reduced A.nunities on
11 Per Cent nensols knnai ties
.. 924 3
1•T"' 3 per Cont. Annuities 9ll i 2 li 2
Levy 2 4 per Cont. Annuities
"'hi: Annuities, expire ,th lan. 1869 .. -16 A
Ditto 3'l Years, expire sth April, 1885 l7 15.16
'4014 Stock22o
birth( Binds. k:1000
r,l)itto under £lOOO 3 p
'-'l,4sols ior Account
•• • 93k
Etc'iequor Mlle, 20. March. 1 June.
£l.OOO .... ....... ..... 2 6 d - 42 d

Istonl
Le ar-

MoNiq 'kr ttil ARK ET

CITY, Two o'CLoex.
Letters from Liverpool mention that the Cotton
Market yesterday closed heavily, and prices of all
descriptions were without any material alteration.
The sales were estimated at 7,000 bales, 2,00 D of
which were taken by the exporters. The Railway
Share Market closed quietly, and prices were at a
alight decline.
The Colonial Produce Markets have opened with
a steady appearance, and for some of the principal
articles a good demand exists. For tea there is a
fair inquiry, and sugar is also in request both for
borne use and exportation. The market for tallow
is thus commented, upon by Messrs. Smith and
Charles's circular, dated last evening :
"Tbe Tallow Market, which in the course of last
week declined to 52s 6d for delivery in April, onened
tnis morning with firmness, it being found that the
prom-ts
P to day of the tallow given off on 'April
"Wads were met with punctuality in almost every
eftB''• Higher prices were asked, and 533 6 1 was psid
for all April early in the day. On change a further con-
siderable upward mo-iement was exh bited, and 54-4 6d
was given for the same period. The market remained
first in al. Positions to the close, leaving off—Spot and
all April, 54a 6 i • April and June. 534 3d to 533 63 •
October and December, ber 533 63 to 534 .9i ; taltow oil,
374; do. Blaine, 483 64; town tallow, 531 3d nett cash."
Accounts from New York, per steamer Europa,
contain very little commercial intelligence of im-
portance. The demand for money continued active,
but as there was a good supply the rates remained
Without alteration.
The shares of the Russian railway scheme are
Mill called to 1 -prem., but up to the present
tune it may be questioned whether any legiti-
Mate business has taken place. The undertaking is
unpopular, and prejudice against Russiawillmilitate
against the exert ions made by Messrs. Baring. With
the exception of speculators few would embark in
811eb a gigantic enterprise, which is to be completed
4110 Years; and then with a prospect of yielding
very inadequate profits. Judging from the opinions
beUtertained of the scheme, there is little probe-
of the attempt to raise the required capital
at present being successful.
The general demand for discount accommodation
,
continues qniet and in some instances the best
bills are negotiated at sg per cent. It is not sup
posed, however, that the aspect of the market has
Perraanently changed, although further restrictions
~11!e by no means apprehended. With further ar-
rivals of old, and large supplies are expected, the
favourable
tendency may be still further developed,
?nut the Bank Directors will hesitate before they
:Irene their policy, owing to the numerous de-
,,-"aucle upon their resources, which, although tern-
-I,rarilY abated, may at any time revive with all
their previous intensity.
There is very little animation in the English
St
eek Market, the speculators and the investing
blic both operating with great caution. Al-
though the Money Market is rather easier, the
ears evince no symptoms of uneasiness, and in
thei absence of purchases prices remain almost sta-
.l°,llarY. Consols have been 921, to 93 for money,
-tig 93i for account. The New 3 per Cents.
have 9, been active at 911 to 92, and the Reduced at
.„11 The i‘ ew 2i per Cents. are marked 77.
The
Stock is 212 to 213, and India Stock 220.
lie March Exchequer Bills are 6s. to 2s. discount,
and the June ditto 4s. to 2s. discount.
For Foreign Stocks there is a quiet market, and
previous quotations are generally maintained.
Turkish 6 per Cents. are being flat, and the 4 Or
Cents. 1001. Spanish 3 per Cents. have been dealt
New
at 25k f. Peruvian 4i per Cents, 77. Equador
New Consolidated 14i , and Brazilian 4i per
Cents. 99.
The'followin,g are the nominal prices of Foreign
stocks
:—Grenada. Deferred Bonds, 61 7 ; Mexi
231 ; Peruvian 4i per Cents., 77 ►79
.._Cents., 54 56 ; Portuguese 3 do. 3 per
per Cents., 444 54 ;
Russian 5 per Cents., 104 6 ; ditto 41 per Cents.,
1.5 7 ; Spanish 3 per Cents., 411 2 ; ditto Deferred,
413Avi ; ditto Certificates, sg ; ditto Passive, 5k 6.
B,arery little business has been done in Railway
es, and with one or two exceptions prices have
undergone but little variation. Edinburgh, Pertb,
andl Dundee, Midland and Vale of Neath declined
about 55., and Bristol and Exeter, V. The Foreign
tit Colonial lines have l eeu at reduced values.
orthera of France declined 10s. ; Paris and
Y"5, 11. ; Southern of France, 15s. ; and Eastern
°f France,ll. ; Grand Trunk of Canada, ss. ; and
great Western of Canada, ss.
bA!ining Shares are at nominal values, the only
"Inlet's reported being in Par Consols at 22i.
For Joint Stock Bank Shares there was little in-
London and Westminster improved 55.,
-132 Western Bank of London 15s.
The Miscellaneous undertakings areins ctive, at
"(nit previous rates.

St.lloo
St. 100
50 all
25 all
100 all
25 all
50 9
20 all
St. 100
50 3i,
St. 100
St. 100
St. 100
St. 100
St.lloo
25 231
25 161
50 all
St 100
St. 100
10 31.1

20
20
10
St.

I all
1100

20
25
25
25

165
100
100

all
all
all
all
all
all

2O
100 1
100

all
101
100
100

2sqdl
lOs

Mitt 3 1 s.
%nal! ' 2 p par I
Ditto
Bonds, 1858, 3i per Cent. ' 9B/
b oitto 1559
' ItIORS OF FOREIGN FUNDS AT ONE O'CLOCK.
ttstr;an Bonds, 5 per Cent.
"azlitin 6 per Cent.
i, bate. New, 1852, 4i per Cent
I;quadorNew Consolidated l4l I
Olgau Bonils, 41 per Cent
3 Account
77
P.r.".l'h do-. Ads, 3 per Cent.
Tour,lt,te New Deferred, 3 per um
I"4b Ronde pG
cent i
' per 94
Account
Ditto
tto Guaranteed, 4 per Cent.
?en L • .•ervt, 1 ...e. above ,aV.hl nin • ~,,ion.
Lett
Does,
4A•per Cent. 9lf. 25c. ex 25f. 25c.
.eitan.nnaDniom.lamroßnoenyds, 40 per Cent.
TWO O'CIT.OOK.
, 92 i 93
Ditto for account

20
20
20
20

HARE MARKETS—(This Day).

RAILWAYS.

RAILITAYB.

Closing Prices
yesterlay.

5i -

8i - 9

65 - 67
81 - 9

89 - 91
691 - 69,
34 36

Business dons
this dsy.

S - ~4

.8i - 94
19.# - 20
11 -11 g
52 - 54
35 - 36

••• • •
84 —74 d
98 -- 100

56 -- 57

iii - u

7/ -8,
96 - 97
87 - 88
[2l - 123
!04 - 106
66} - 67
63 - 65

68 - 72

6 - 8 pl

6 8 :j1
1011 102 i+
d par I

hi - 6k
108 - ]O9
jlO4 - 105

id par
101 102 1

39 - :io

82 -82 i
53 - 55

16 - 16?,

58 - 60
3i - 31.1
44- 45

864 —87 i
Si 3 a
2i
394 2f
40i,
6ii 654,
96 99

5 4.id
74 a
10 - 11

29,1 - 3O
6 - 4

106 103
26 27
49 51
2 lid
174 18.
75 75'

87 - 88
4 -
44 -

41 -2- 43

20j -20 i
4t -- 44

7 - 9
2} - 3
5i - 6

THE SUN, LONDON,.

Ln. &it W.
Caledon ...

U. &E. C
Gt. Northn
E. Count.
Caldonian. ,