The Sun.
London, England, 1850-07-22 00:00:00

the effects of which on England, on Arnserica, and on
the who7e civilized- world, it is impossible to calcu-
late. At first sight it would seem to be a mere
hunting after the parlaloxical to -attempt to discover
any similarity between Sir ROBERT PEEL and
General ZACHARY TAYLOR. The American PRESI-
DENT, "old rough and ready," was a blunt, straight-
forward soldier, born and bred in camps, ignorant of
and despising the scholarly lore, the love of
art, the persuasive elcquence, the diplomatic
tact, the menagemens, the suavitur in inodo,
in which Sir ROBERT PEEL delighted ; and while Sir
ROBERT PEEL was a mere individual Member of
Parliament, holding no office whatever under Govern-
ment, General ZACHARY TAYLOR was the chief of the
Executive of the mightiest republic that the world
has ever seen. In what, then, consisted the simi-
larity between them—it consisted in this, that while
their respective countries were divided into parties at
fierce enmity with each other, they were by the con-
fidence reposed in them by their respective fellow-
countrymen enabled respectively to act the part of mo-
derators and to prevent those collisions which, now that
they are removed, seem sooner or later inevitable. The
slave question at present divides the United States,
and threatens at no distant day to break up the
union, unless both slave-holders and abolitionists
moderate respectively their exaggerated pretensions.
General ZACHARY TAYLOR was the man to have
brought about a compromise on the question, if any
man could have brought it about. Bred in the
Southern States, he had a practical knowledge of
slavery and its social dangers and difficulties,
and could therefore make allowances for the fears,
not altogether unfounded, of the slave-holders ;
ardently attached to liberty, he was, in
theory, heart and soul an abolitionist ; known
and respected as a straightforward, honest
man, without guile, and possessed of the prestige
which is attached to every successful military comman-
der, General ZACHARY TAYLOR could and would have
settled this difficult and dangerous question; he dies,
and there is not to be found throughout the length and
breadth of America any individul capable of occupying
exactly his position. The loss of General TAYLOR
is as irreparable for America as is that of Sir ROBERT
PEEL for England. His successor, Mr. FILLMORE 13
a clever man, a statesman, and a man disposed to
peace, but he is a thorough partisan—he is, in fact,
the nominee of Mr. CLAY, and will, as far as in him
lies, carry out the whole of Mr. CLAY'S views. Mr.
CLAY'S compromise Bill on the slave question,
which has met with such almost universal
disapproval, will no doubt be adopted
by Mr. FILLMORE as a Cabinet measure.
Mr. FILL3IORE is, or rather was, an ultra-Protec-
tionist ; he drew -up the ultra-Protection tariff of
1842, which was called familiarly " Fillmore's Bill."
The experiment cf free trade has been now
tried in America for four years, and suc-
ceeded beyond the expectations and hopes of even
its most sanguine supporters ; we think, therefore,
that whatever may be Mr. FILLMORE'S opinion on the
subject of protection, the Congress and the Senate will
not permit the repeal of the Revenue Bill of 1846. Mr.
FmnsionE, moreover, is, it is said, a shrewd and
clever man, and has, therefore, probably altered his
opinions on this subject. 'We cannot forget, that in
our own country the same man, who as FREDERIC%
JOHN RonstisoN, proposed in the House of Cemmons,
the enactment of the Corn-laws, carried, as the Earl of
RIPON, in the House of Peers, the 13111 for their total
repeal.

MONEY and COMMERCIAL NEWS

CITY, TWO O'CLOCK.

The sales of Cotton at Liverpool on Saturday were esti-
mated at from 8,000 to 10,000 bales, of which about one-half
were taken on speculation. The market closed firmly at full
prices.—Railway Shares were heavy.
The wheat trade was dull in Mark-lane this morning, and
prices declined Is. per quarter,
At the Union Bank of Australia this morning a dividend
was declared of 3 per cent. for the half-year, with a bonus of
7s. 6d. per share.
The accounts from America arc favourable, and the
steamer brings a fair amount of specie. The transfers at
New York of United States stock to foreigners, from the Ist
to the sth inst., amounted to 201,600 dollars, of which 15,800
dollars was of the loan of 1842 ; 4,000 dollars of 1843 ; 12,500
dollars of 1845 ; 154,050 dollars of 1847; and 15,250 dollars
of 1848.

The value of dry goods entered at the port for consumption
during the past week, was 777,222 dollars, against 546,592
dollars for the corresponding week last year.
Large remittances were still arriving from California.
From December 1848 to June 29, 1850, the gold dust received
at the Philadelphia mint, direct from California, amounted to
15,850,00 v dollars. This does not include the receipts at the
New Orleans branch. The receipts at that port, with the
amount reported to have been received by the steam-ships
Philadelphia and Georgia, at :New York from Chagres, will
swell the *aggregate to nearly twenty millions of dollars.
This is at the rate of thirteen millions of dollars per annum,
including the last arrival. The steam-ship Oregon, at
Panama, from San Francisco, brings very favourable
accounts relative to the productiveness of the mines,
and more satisfactory advices regarding the posi-
tion of mercantile matters generally. Notwithstand-
ing all the difficulties the people of San Francisco have
had to contend with in the shape of fires, a very important
change has taken place in the system of doing business, and
peas have not fluctuated so much as we anticipated. Spe-
culation has in a great degree subsided, and business evi-
dently is conducted upon a better basis. Real estate has
largely depreciated in value, without having created the dis-
asters anticipated, and we may with safety look for better
and more speedy returns for shipments than have yet been
realised.

The Hamburgh mail, with Friday's accounts, informs us
that there had been an active demand for Bills of Exchange.
Funds and Shares were more dealt in, and firmer. The
weather was very fine for the crops.
By direct arrivals we have intelligence of March 30 from
Van Dieman's -Land and Sidney, and via Madras to the
middle of April. The market for imports at the latter place
was good; but the supply of drapery articles was quite ade-
quate. All was expected to advance considerably. There
was still dissatisfaction about the convict question. Wheat
a., Hobart Town was 4s. to I.s. 3d. per bushel, and expected
to advance.

Her Majesty's ship Amphitrite has arrived from Valparaiso
with accounts of May 1. There are 1,500,000 dollars on
board in specie. She brings likewise Rio de Janeiro dates of
Juna 9. The fever bad abated, no ca.es having occurred for
three weeks previously.
Jamaica advises of July 1 have been received via New
York. The Assembly had passed a Bill to raise the interest
on the loan to be obtained in England. The weather was
favourable, but the rains came rather late in the year.
Mexican letters of June 20 state that Congresswas to meet
that day upon the subject of the foreign debt.
The amounts pending for account of the Mexican bond-
holders were. in Vera Cruz, on the 15th ult., 136,641 dolls.
28c., and in Tampico, on the 10th ult., 5,545 dolls. 55c.
The Committee of Spanish American Bondholders have
received this morning a letter from Mr. Lord, dated " La
Guayra, 22d June," apprizing them of Senor Olavarria
having left the Ministry, and been again succeeded by Senor
Lecuna.

In consequence of this change, the final settlement of a
plan for discharging the arrears of interest has suffered a
fresh delay.

The day before Senor Olavarria left the Ministry the
Executive issued a decree annulling that of the Ist of ✓Octo-
ber last, to make an alteration for the relief of the Treasury,
but in nowise altering the quota of duties set apart for the
foreign creditors—on the contrary, enforcing in strong terms
its most rigorous observance.
No remittance has arrived, but expectations are held out
that a remittance may be fftwarded by the next mail.
The English Funds continue heavy, chiefly from paucity
of business. Most of the speculators are leaving town.
Consols have been 96% s for transfer, and 961% for account.
The New Three-and-a-Quarter i•er Celts. have realised 98:.i
to 99, and the Three per Cents. 974 to I,c. Bank Stock is
worth 21Z and India Stock has been done at ‘t6B. Exche-
quer-bills are 675. to 70s. premium.
Foreign Securities are neglected also. Mexican are 297 s
to 30. Equador Bonds realise 37<.i. Danish Five per Cents.
have been quoted 102. Spanish Five per Cents, are 171 A.
Dutch Two-and-a-Half per Cents. have been 57% to
There is no improvement in Railway Shares, on the con-
trary some of them barely support previous rates. The North
Stafford directors recommend a dividend of ls. 6d. per share;
the amount of the East Lancashire wilt be equally unsatis-
factory, and other lines are making poor returns. They are,
however, all in the road to permanent improvement, it is
hoped.

Consols ...
Ditto Account

QUARTER TO THREE.
... ... 99; i
~. ... ... 96i

ONE CLOSING
PRICES OF BRITISII FIT=ID9 O'CLOCK. PRICES.
'l•Lnk Stbek.
3 per Cent. P.Aticed Anna
3 por Cent. Console Annuities- 963a s sK 96%
Sl4w 3'4 per Cent. Anna- ....-...... 98%s zg.'4 99 59
8 5-16
utnnegsailoskAinua4:itilezra.kAto:lunicinills:eeu.pn.ir.t.e J .. .. ...
2666,17:1
)8;4%775:
0: 18;
2J
' 268
5001. June ............ 67 -0
.....

70 p
70 p

69 i

ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES.
Brazilian Bon -is 92 21,.,
Danish Bonds. 1825,3 per Ceut.
Ditto 5 Der Cent.
Equador Bonds 3%
Mexican, 5 par Cent.lB46, with Coupons—
Ditto, Ex Jan. Coupons
Ditto, Account 29% 29%
flussian Bonds
Ditto, 4% per Cent
Spanish 5 per Cant. 1840 1714 1714
Ditto, Paszivg —3%
_

102
3%

Dividends on the above payable in London.
Dutch 21,'4 par Cent.. 12 Guild. ... 5714%
Ditto. 4 Der Cant. Certificates...

57 y.
89

PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY MARES. AT ONE O'CLOCK. PRICES.
Aberdeen .................. 50
Do. Preference......... 81,-
Amber. Nott., Boston,
and Eastern Junction 8 ......
Ayrshire and Galloway.. 71,4 —
Belfast & County Down 30
Berks & Hants Extens.

' 1%

(Qt. West. Per. 5 per ct.) 6