The Sun.
London, England, 1844-11-12 00:00:00

THE NEW FRENCH LOAN.

The Mon •.'eur of Sunday contains a royal ordinance,
authorising the Minister of Finance to proceed to the
adjudication of the sum of 200 millions out of the 300
millions remaining of the loan for' 500 millions, which
the French Chambers voted in 1841.

" ROYAL ORDINANCE.

" With reference to the 35th article of the law of
June 25, 1841, with reference to our ordinance of Sept.
18, 1841, with reference to the 21st article of the law of
the 4th of August, 1844, and on the report of our
Minister of Finance, we hare ordained and do ordain as
follows:
" Art. 1. Our Minister of Finance is authorised to
proceed at once to the sale by competition, with publicity
and by sealed tenders, of the sum of Three per Cents.
required to produce a net capital of 200,000,000 of
francs. These rentes to bear interest from the 22d of
December, 1844. The sale shall be made to the company
offering the highest price, save the reserved minimum
fix( d on by our Minister of Finance.
" Art. 2. In conformity to the dispositions of the
second paragraph of the above-named article of the law
of 25th June, 1841, the dotation of the sinking fund shall
be increased from the Ist January, 1844, with a sum
equal the one-hundredth part of the nominal capital of
the rentes which may be negotiated in virtue of the above
article.

" Art. 3. Our Minister Secretary of State of Finance
is charged with the execution of the present ordinance.
(Signed) " LOUIS PHILIPPE.
" Palace of the Tuileries, Nov. 9, 1844."
" THE CONDITIONS OF THE LOAN.

" The Minister Secretary of State for the Finance De-
partment in execution of the royal ordinance of this date,
declares as follows:

" Art. 1. At twelve o'clock precisely on Monday,
Dec. 9, at the Ministry of Finance, will be proceeded in
public sitting to the sale and adjudication, by sealed
tender, in one lot, and to the highest bidder, the sum of
Three per Cent. rentes necessary to produce, at the price
adjudged, a capital of 200,000,000 of francs.
Art 2. The rents so adjudged shall be inscribed
with interest from Dec. 22, 1844.

" Art. 3. The payment of the two hundred million is
to be made in the following proportions and dates:—
December 23, 10,000,000 f. 1845—Jan.23, 10,000,000 f. ;
March 7,10,000,000 f. ; April 7,10,000,000 f. ; May 7,
10,000,000 f. ; June 7,10,000,000 f ; July 7,10,000,000 f.;
Aug. 7,10,000,000 f. ; Sept. 8,10,000,000 f. ; Oct. 7,
10,000,0001 ; Nov. 7,10,000,000 f. ; Dec. 8, 10,000,0001.
1846—Jan. 7,10,000,000 t. ; Feb. 7,10,000,000 f.; March 7,
10,000,0001.; April 7,10,000,000 f.; May 7, 10,000,0001.;
June 8,10,000,000 f. ; July 7,10,000,000 f. ; August 7,
10,000,000 E—Total, 200,000,0001.
_ _

" Art. 4. The Minister of Finance, on the day named
for receiving tenders, will open the sitting by placing on
the table a sealed parcel, containing a declaration signed
by him, with the minimum price at which he will con-
sent to the sale and adjudication of the rentes represent-
ing the said capital of 200,000,000 f. The said declaration
is not to be opened, except in case no tender reaches the
sum fixed on by the Minister.
" Art. 5. Sealed tenders will be receiied from the
hands of the different bidders, be numbered, and arranged
for opening in public court, and in their presence. A
tender delivered cannot be withdrawn.
" Art. 6. Each tender, to be valid, must conform to a
model furnished, and be preceded by the payment of a
sufficient guarantee, for which a Treasury receipt must
be produced when the tender is handed in. The price
offered must be in francs and centimes, without stipula-
tions or reserves of any kind.

" Art. 7. The said payment in guarantee shall not be
less than the sum of 10,000,0001., and this sum will be
received in Three per Cent. Stock, at 75 ; Four-and-a-
Half or Five per Cent. Stock at par, or in Treasury
bonds, or canal shares, arising out of a loan guaranteed
by the State. The bidders to whom the loan shall not be
adjudged may receive back their deposit of 10,000,000
francs within twenty-four hours after the loan be de-
termined. . . _ _

vv
" Art 8. The delivery of tenders being concluded, the
Minister of Finance will proceed to the opening of them
by numerical order, and he will publicly announce their
contents.

" Art. 9. The loan shall be adjudged to the company
offering the highest price, and in case of any irregularity
or invalidity of the tender, to the company next in order
as to price. The Minister of Finance is to be sole judge
of the irregularity or invalidity of tenders.
" Art. 10. In case two or more companies shall offer
the same highest price, and that the said companies do
not declare at once that they unite in the tender, the sale
shall be again opened between them in the same sitting,
by public bidding, or by sealed tender, at the option of
either of the said parties.
"Art. 11. The payment in guarantee shall be in
creased within ten days after the adjudication to the sum
of 20,000,000 f.; and if the company to whom the loan
has been adjudged shall not make good that sum within
the time specified, their contract shall be annulled, and
the original deposit 0f.10,000,000f. forfeited to the Trea-
sury. The said payment of 20,000,000 f. will not be re-
quired, if the Company to whom the loan be adjudged
make, within ten days, a payment of the two first instal-
ments, for which a discount will be allowed, at the rate
of three per cent., until the period at which the instal-
ments would be legally due.
" Art. 12. Certificates according to the annexed
model will be delivered after the payment of the two
first instalments.
" Art. 13. The two first instalments shall be reserved
as a guarantee for the Treasury, until. the completion of
the loan.

Art. 14. Interest of four per cent. will be charged,
should delay occur in the payment of any instalment,
and in case that delay be precharged to one month, the
original guarantee will be forfeited to the public Trea-
sury.
" Art. 15. Receipts, according to the annexed form,
will be delivered for all sums paid into the Treasury.
(Signed) "LEPLANGE.
" Paris, Nov. 9, 1844."

CONVERSION OF THE REV. T.
JONES BURTON.

TO TIE EDITOR OF THE MORNING HERALD.

SIR,-It was stated a few days ago, in the Morning
Herald, that the Rev. Mr. Barton, curate of St. James's,
Enfield, had joined the Church of Rome. On turning to
the Clergy List, I find that the name of the convert is
the Rev. Thomas Jones Burton, and that he figures in
the " Cambridge Calendar" as a member of Trinity Col-
lege. His conversion is adverted to in the following
terms in L'Ami de la Religion (Sept. 10) :
" A member of the Protestant clergy of England, Mr.
Burton, entered the bosom of the Catholic Church a few
weeks ago. He made his abjuration, and received the
sacraments of Confirmation and the Eucharist at St. Ed-
mund's College."
Perhaps some of your correspondents will have it in
their power to inform the public when this gentleman
resigned his curacy.
I beg also to call your attention to a statement of Dr.
Wiseman, recently made at Nottingham, that nine
clergymen of the Church of England had turned Roman-
ists. Now, I know but of seven, exclusive of Mr. Sib-
tborp. Who are the remaining two? Have they openly
seceded from our Church, or have they, like Mr. Penny,
according to the statement of his brother-in-law, Mr.
Jolliffe, been "advised by persons, whose opinions they
had be en accustomed to look up to with respect, that
they can consistently hold their livings and their re•
ligious belief ?"—I remain, Sir, your faithful servant,
AC ADEMIC US.

HEAVY GALE AT LIVERPOOL.

LIVERPOOL, MONDAY.

During the night we have been visited with a heavy
gale from the north-west, and it still continues to blow
freshly. A few disasters have occurred, not, however,
of a fatal character :

The Albion of this morning contains the following
from a correspondent at Wexford :
" Wexford, Nov. 8.
" The weather during last night was very severe,
blowing a gale of wind, and with rain. I regret to say,
that the ship James Matheson, from Liverpool to
Cuching, Hong-Kong, and Whampoa, went on shore
this morning in North Bay, near Raven Point. The
active agent for Lloyd's, Mr. F. Harpur, started this
morning, at seven o'clock, for the scene of distress. I
am happy to say the crew are all saved, the captain being
the last to leave the ship. I very much regret the above
melancholy occurrence, and it points out most forcib!y
the necessity of putting a light-ship on the south end
of Blackwater Bank, or adopting some other measure
for preventing the loss of lives and property so fre-
quently occurring on this coast."
A subsequent communication from the agent for
Lloyd's states, that he expects to save the materials and
cargo, though we believe in a damaged condition.
The Troy, from New Orleans, which was on shore
on the bar near New Orleans for some time, was blown
on shore near Wilson's ship-building yards. We under-
stand she has got off again.
The Santos, in coming in, went on shore in the Rock
Channel. She has got off.
This fine wind will bring up the arrivals from foreign
ports in double quick time. Already they aro very
numerous.

MEALS OF THE IRISH PEASANTRT.—But what o:
their meals? I say it with sorrow, that in this respec
they are as ill off as in either of the respects to which I
have referred. For ten months in the year their sole, or
almost sole food, is potatoes and a little salt; and as the
summer approaches and their stock of potatoes becomes
nearly exhausted, they are often obliged to content
themselves with a single meal a day. In the seven or
eight weeks which intervene between the going out of
the one potato crop and the coming in of another, the
only food on which the Irish peasantry live is what is
termed " stir-about," called in Scotland " porridge."
This is a simple dish ; it is made of a little oatmeal put
into a vessel with boiling water, and stirred about with
a piece of wood until it acquires a certain consistency.
It is then eaten with a little milk, if there bo the means
of procuring any, but it is much oftener made a meal of
without any accompaniment at all. The meal is gene-
rally procured from some peasant a degree above the
parties who require it. As the peasantry have never,
at this season of the year, a farthing of money, they
either work in return for the meal, or pay those who
were kind enough to accommodate them with it with
the fruits of their harvest labours. It is right to add,
that the Irish peasantry invariably make a point of pay-
ing for the meal thus given to them, however great may
be the it privations. There is with them a mingled sense
Of honour and gratitude in all cases where they have
been thus accommodated by their neighbours.—lmpre4.
sions of Ireland and the Irish.
POTATO CROWS IN SOUTH WALES.----h
1.4. with con-
siderable gratification that wo have :.
announce that the potian -- ~, in our power to
, crops ghout the sou
1116131114 y .:...e goo
.e extremely dthrou. The yield of thisthern
t•x-
cenent edible is first-rate, and it is a great blessing that
during the ensuing winter there is every probability that
the poor will be better provided with food than they
have been for many winters past.—Welshman.

LITERATURE.
LIFE OF SIR FRANCIS DRAKE.
Murray, London, -14.

This biographical Memoir of Sir Francis Drake
which is from the pen of Mr. Parrow, of the Admi-
ralty, forms the fourteenth Number of Alurray's Co-
lonial Library—a cheap miscellany, published monthly,
and containing an immense variety of information of
the most popular and entertaining character. The
memoir before us is the most circumstantial that has
yet appeared on the subject of Drake's achievements,
and though penned in a eulogistic spirit, does no more
than justice to the memory of a brave, skilful, and
adventurous navigator, whose character has been
greatly misrepresented, and stood in need of such a
discriminating biographer as Mr. Barrow. The me-
moir abounds in incidents of the most stirring nature
more especially those portions of it which relate to the'
Spanish Armada, and the share which Drake took in
defeating that " Invincible" fleet, as it was presump-
tuously called by the Spaniards.