The Sun.
London, England, 1844-07-27 00:00:00

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THE FUNDS-(CLOSING PRICES

BRITISH FUNDS.
Bank Stock 2OO ' Indian Stock 286 %
3 per Cent. Red
3 per Cent. Cons.
3% per Cent. Red
New 3% per Cent. 102% Ex. Bills 1,000/. 114 d ... 80 pm
New 5 per Cent. Ditto 500/.
Long Annuities to expire Ditto Small BO pm.
Jan IMO l2 9.16 Bank Stock for Acct....
Oct. 1839 Consols for Act. 99%
Jan. 1860 lndia Stock for Acct....
FOREIGN FUNDS.
Austrian, 5 per Cent Portuguese, 5 per Cent ......
Belgian, 5 per Cent — Ditto, New Ditt0...... .........
Brazilian Bonds — Prussian, 5 per Cent
Buenos Ayres, 6 per Cent... ,Russian, 5 per Cent —
Chllian, 6 per Cent
Colombian, 6 per Cent
Ditto, 1824 — Ditto, 3 per Cent 33%
Cuba Bonds, 6 per Cent — Ditto, Deferred... ...... „.. .....
Danish, 3 per Cent
Greek, 18:5, 5 per Cent 'Exchange —f. —c.
Mexican, 5 per Cent
Ditto, 0 per Cent., 1837 — ,Dutch, 2% per Cent..,,,. 61%
Peruvian, 1825, 6 per Cent — :Ditto, 5 per Cent .........101%
SHARES.
Birmingham and Derby, XlOO paid 73%
Birmingham and Gloucester (100 paid).. ........
Bristol and Exeter (70 paid) Bl
Caledonian, 5 paid
Chester and Holyhead ( 5 paid)
Chichester and Brighton, 5 paid
Dublin and Cashel, 2 % paid
Eastern Counties (23 paid) ;
Ditto Registered (816 s Sd paid)
Edinburgh and Glasgow, 50 paid
Ditto Quarter Shares (12% paid)
Great North of England, 100 paid
Great Western (75 paid)_
Ditto Half Shares, 50 paid 84%
Ditto Fifths' 12 paid
Lancaster and Carlisle, 5 paid 4%
London and Birmingham (Stock)
London and Blackwall (16/, 13s. 4d.) 7%
London and Brighton (50 paid)
Ditto Loan Notes, 10 paid Pe .1,4
London and Greenwich (121. 15s. 4d. paid) ......
Londora and South Western (411.65. 10d. paid)
Ditto-Eighths (15s. paid)
Londoriand Croydon (Trunk) lB%
Manchester and Leeds (70 paid)
Ditto, Half Shares, 30 paid
Ditto New Quarters (:t paid)
Manchester and Birmingham
Ditto, Quarter Shares ( paid)
Midland Counties (100 paid) lO2
North British, 2% paid l%
Northern and Eastern (45 paid)
Norwich and Brandon, 4 paid 1.3
South Eastern and Dover (33 2s 4d paid) ...... ... 38%
Thamei and Medway, .£l9 5s Sd paid lO
Trent Valley, 2 paid 9%
Yarmouth and Norwich (18 paid)
York and North Midland (50 paid) 10'3%
Ditto Half Shares (25 paid)
York and Scarborough Branch (2% paid)
Orleans, Tours, and Bourdeaux, 1 paid
Paris and Orleans (20 paid)
Paris and Rouen, 20 paid

BANKRUPTCY.-(THIS DAY.

(Before Mr. Commissioner GOULBURN.)
ROE V. BLACHFORD.
The above case, which was ordered for to-day, was
not gone into, and the further examination will not,
therefore, take place till next week.
IN THE MATTER OF MONTEFIORE AND mosiTEnonE.
This being the day appointed for the granting of the
bankrupt's certificate, the case was called on at twelve
o'clock, when Mr. Chambers appeared for the bankrupts,
Mr. Bramwell fur Mr. De Castro and Mr. Lucas, two of
the assignees, as well as the great body of the creditors.
Mr. Edwin James and Mr. Miller attended to oppose
the bankrupts, on the part of the other assignees, Messrs.
A. A. Goldsmid and Mr. Ward.
Mr. Edwin James said that he was there to oppose
the bankrupts on the part of Mr. Goldsmid and Mr.
Ward, two of the assignees ; and as he knew that his
Learned Friend, Mr. Bramwell, would perhaps urge
that his clients were actuated by factious motives, he
(Mr. James) would, with his Honour's permission, state
in what particular manner the assignees, De Castro and
Lucas, were connected with the bankrupts. The first
was a creditor for the sum of 4,0001., and the bankrupts
had given him a preference to that amount. The second
was brother in-law to one of the bankrupts. The state of
affairs in the present case was by no means flourishing.
The probability was, that the assets in the schedule
would not pay more than 3d. in the pound, and the se-
parate estates would yield at most 2s. 6d. ; for while
the amount of the liabilities was 42,4881. the sum to be
realised was only 1,5001. The bankrupts carried on
business in London, in Sydney, and in Hobart Town, as
he would prove to his Honour, in the most reckless
manner. They failed in January, 1841, but offered no
composition, simply requesting that time might be
given them. To this the creditors at once as-
sented, and they executed a deed, agreeing that
that a period of three years should be allowed in order
that the bankrupts might overcome their difficulties. In
that period certain circumstances took place which
would, he trusted, disincline the Court to grant their
certificates, or if it did grant them, to annex conditions
calculated to do the creditors justice at a remote period,
which the bankrupts seemed willing to overlook now.
In August, 1843, a fiat was struck against Joseph
Montefiore, and in the February of the following year a
joint fiat was taken out against the two. Thus
he (Mr. James) would observe, the means of strictly in-
vestigating the bankrupts' affairs were hardly afforded,
because they, having houses in Hobart Town and Syd-
ney, and only nine months elapsing from the date of the
fiat to the passing that Court, it was perfectly impossible
that the creditors could have any means of satisfying
themselves as to the correctness of the schedule. He
would now direct the attention of the Court to the posi-
tion of Mr. Goldsmid, his client, and one of the as-
signees, with respect to the bankrupts. In 1839 the bank-
rupts were indebted to Mr. Goldsmid ir. the sum of
20,000/, for which they gave a bond. They must have
been then, he vas almost justified in supposing, con-
scious of their insolvent condition, for it was only by
taking 35,000/. in debts as good, which, in 1844, were
proved hopelessly bad, that they could imagine them-
selves solvent. He would next point out to his Honour
their mode of dealing with some property in the colo-
nies. Just twelve days after giving Mr.Goldsmid the bond
for 20,0001., they executed contemporaneously a post.
nuptial settlement in favour of their wives, but in this set-
tlement they reserved a life interest for themselves. 'What
did they do at the period of bankruptcy in 1841 ? In
January of that year they stopped, and in August they
revoked their life interest in the property, and gave to
their wives the priority. It was stated in one of their
private letters to be worth 4001. a-year, and he con-
tended that in common justice the creditors ought to
have had the benefit of such property. There was an-
other transaction which, in his opinion, did no credit to
the character of an English merchant. Mr. Joseph
Montefiore was in the colonies in 1841, and it
appeared sold farming stock, on what was called the
interval
during land, for 8,500/ This was in the
during which their creditors had extended to them the
indulgence of time, and how were they treated? Mr.
Joseph brought home in the whole 5,1001., being there-
fore minus 3,4001., which they (the creditors) under-
stood was settled on a Miss Sheepland there. That was
all they knew of it. The Learned Counsel then read
selections from letters passing between the partners, one
of which was—" You will see that I have written in a par-
ticular strain,a sort ofpolitical mode, as that fellow must see
it." Such were the flattering terms in which they spoke of
his client Mr. Goldsmid, to whom they were indebted
20,0001., and with whom they were incensed because he
did not advance another 40,0001. He would continue
the extract---" as well as the general body of our cre-
ditors." Was this the integrity that their creditors
should expect at their hands ? The Learned Counsel
then adverted to the preference evinced towards Mr. de
Castro's claim, and concluded a powerful address by
calling on the Hon. Commissioner not to grant their
certificates.

Mr. Muz EA followed on the same side ; and the case
15 likely to occupy the remainder of the day.

SPIRIT of the PUBLIC JOURNALS.

FROM THE EVENING PAPERS OF THIS DAY.
GLOBE.—A new writ was moved last night for
Cirencester, in the room of Mr. Master. We have no
shame in saying that we never heard of Mr. Master,
till we heard of his accepting the Chiltern Hundreds.
He will be succeeded, of course, by some new no-
minee of Lord Bathurst. The borough of Cirencester,
which returns two Members, has, we find by a Parlia-
mentary return presented to the House of Commons,
on the motion of Mr. Hume, during this session, 496
electors, of whom 153 are qualified as ten-pound house-
holders, and 343 as potwallopers. The gentle-phrased
" Parliamentary Companion" tells us of this borough,
" Lord Bathurst has some influence here." The fact is,
Cirencester is a comple nomination borough. Mr. Cripps,
the banker in the town, returns one Member (at present
his son), and Lord Bathurst the other. Why Lord
Bathurst's late nominee retires, or who Lord Bathurst's
new nominee is to be, we do not know, nor do we
care ; but this we know, that the sooner this and
sixty or seventy other nomination boroughs are got
rid of, the better. And they must be got rid of.
Cirencester is a large constituency, in comparison
with many others. At Andover, we find by the same
return, 240 electors send two Members to Parliament;
at Lymington, in Hampshire, 282 electors return two
Members. Constituencies of this size are inevitably
governed by proprietary influence or bribery. We
have had elections during the present session for Abing-
don, Woodstock, Launceston, Christchurch, Horsham,
Huntingdon, and Devizes. The first five places
return one Member each. Huntingdon and Devizes
each return two. Abingdon has 158 electors; Wood-
stock, 392 ; Launceston, 344 ; Christchurch, 327 ;
Horsham, 339 ; Huntingdon, 374 ; Devizes, 374.
The number of electors in every one under 400 !
Why, what a farce of popular representation is this !
The Duke of Marlborough does what he likes with
Woodstock, the Duke of Northumberland with
Launceston, Sir G. Rose with Christchurch, the Duke of
Norfolk with Horsham, and Lord Sandwich with Hunt-
ingdon. At Abingdon and Devizes every one knows
that money and proprietary influence together do the
business. The 158 electors of Abingdon strengthened the
Government by returning the Solicitor-General, when his
Grace of Marlborough would have nothing more to do with
him at Woodstock. What a proud proof of popular confi-
dence! And even to gain this great popular victory, his
" elegance" had to come down with scramble-money !
With the exception of Horsham, the Members for all these
boroughs are supporters of the Government ; and the
Member for Horsham is a protectionist. We trust that
tho Liberal party will not allow Cirencester to be trans-
ferred from one noodle-nominee to another without a
contest, even though the contest be hopeless. Let some
one go there to sow the seeds of sound principles, which
on a future day may be fruitful, and to expose the nomi-
nation system of the borough.
STANDARD.—The debate upon the subject of
drainage, though opened in a bad spirit by Lord
Normanby, was useful, as whatever forces atten-
tion to the subject must be useful. The health of
large towns must ever remain precarious, until
these towns • shall be sufficiently secured against
the presence of stagnant water. We say the
presence of stagnant water, because great mis-
apprehension prevails upon this subject, as it is
generally supposed that the absence of ill smells and of
filth obvious to the senses, is a sufficient guarantee for
health. The reverse is the fact ; dry dirt, however of-
fensive to the senses, is comparatively harmless, whereas
the exhalation from the wet soil, though damped by the
purest water, and the exhalations from stagnant water,
however pure, are fatal. The proximity of a per-
fectly limpid fish-pond has been known to perpe-
tuate fever in a house until the cause of the mischief
was removed, though, unhappily, not until after the
sweeping away of successive families. On the other
hand, few persons enjoy better health than those
living in the foetid atmosphere of slaughter-houses,
tallow-chandleries, and the like. Drainage properly
so called—the removal of water—is that to which
the Legislature must first direct its attention
if it would secure the public health, cleanli-
ness would be no doubt an important auxiliary
to dryness, even in preserving health ; and it has
great influence upon morals, as well as being essen-
tial to comfort, but the first great object, we repeat it, is
to exclude wet and damp. As the Legislature has taken
up this subject, we hope that it will ultimately extend its
care for the happiness and well-being of the poor a little
further. Something is wanted to provide better lodging
for labourers in large towns (the field garden allot.
ment system will do much in the country and in
villages). We are persuaded that with facilities and
encouragement afforded by the Legislature, capitalists
might be tempted to invest money in the erection of what
we may call labourers' barracks, in which each labourer
might have a room and a bed to himself at a small rent,
instead of being driven, as they now are, to sties in
St. Giles's, for half or a third of a bed iu the filthiest
recesses of which they pay is. 6d. and 2s. per
week. There can be little doubt that a barrack
capable of comfortably accommodating one hundred
men might be substantially built for 5,0004, the present
interest of which sum, invested in Consols, is 150/. per
annum ; but 100 men paying no more than one shilling
a-week each, would give 2601. a-year. There would be,
therefore no loss upon the investment ; whereas the
benefit to the poor, both the direct benefit to those
lodged in the barrack, and the indirect benefit in reduc-
ing rents generally, would be of inestimable value ; nor
would the labouring classes be the only gainers—those
infectious and contagious diseases which periodically
sweep through all ranks with impartial cruelty,
however originating, are always nursed in the crowded
abodes of poverty. For ourselves, when we see any
street or district of streets not of the very worst
description, thrown down for any public improve-
ment, we are disposed to ask, what has become
of the inhabitants? and the unpleasant answer that
commonly occurs is, that they have probably removed to
some worse place—for though there are some decent
small streets in the remoter suburbs, poor people, whose
constant daily toil lies in the city, can hardly afford to in-
crease their labour by an additional three miles' walk in
the morning, and as much more at night ; we should
therefore rejoice to see the very worst districts evis.
cerated, and labourers' barracks, with spacious surround.
lag areas, in the room of the present abominable edifices

•
THE IRISH STA rE TRIALS.—The Judges will not
all be in town until Friday, the 23d of August ;
their lordships shortly afterwards will have a
meeting to consider the questions propounded to
them by the House of Lords, and it is generally
expected that judgment in the case of Mr. D.
O'Connell, and the other traversers, will be given either
on Thursday, the 29th, or Friday, the 30th of August.
As before stated, when the public business of Parliament
is brought to a close, both Houses will adjourn from
time to time until the judgment on the writ of error is
puonounced. There will be no formal prorogation until
that question is decided —Ministerial paper"
BRISTOL SUGAR MARKET, JULY 26.—The de-
mand continues steady, but not active ; nearly 700
tierces West India are reported to have been sold
during the week, and prices are unaltered. Bengals
and Mauritius are flat, and but little business has been
done in these descriptions during the week. Rum con-
tinues in very good demand, and the offices have been
cleared of samples at extreme prices.—Bristol Mercury.

POLICE INTELLIGENCE.
(YESTERDAY.)
MANSION-HOUSE.
A young man, named Walter Henry Austin, was
brought before Sir John Key, in the custody of John
Forrester, the officer, charged with having embezzled the
difference between 851. 13s. 10d. and 71. I Is. 9d., the pro-
perty of Mr. Robinson, merchant and Custom-house
agent.
Mr. Walford, the solicitor to the Customs, attended,
with Mr. Adolphus, for the Board of Customs ; and Mr.
Chambers appeared for the prisoner.
Mr. Chambers requested to be informed whether Mr.
Robinson was the prosecutor, or whether the proceeding
emanated from the Customs ?
Mr. Robinson said that he attended at the request of
the solicitor to the Customs.
Mr. Robinson then stated that he carried on business
at No. 12, Water-lane, in partnership with his sons. In
the month of July, 1842, he received a letter of advice of
the shipment of certain silks by the Batavier, from Rot-
terdam. The prisoner was at that time clerk in the
establishment, and it was his business to make an entry
and clear the goods. Witness bad,. in the- prisoner's
handwriting, a copy of the entry made of the silks, by
which it appeared that 851. 13s. 10d. was necessary to be
paid at the:Customs for duty on a case:marked V. 13., 695.
The cheque produced was in the handwriting of the
prisoner, and was signed by a partner in the firm, and
had been paid by the bankers.
The witness, upon his cross-examination, stated that
he acted in the case as a Custom-house agent for
Vanbrook and Sons, and that he was asked by the
solicitor to the Customs to attend, in consequence of
an examination of his books by the Custom-house
authorities.

Thomas Greenslade Whitmore, a clerk in the Custom-
house, stated that the bill of sight produced stated that
certain goods were entered, of which ho (the prisoner)
had no invoice, and upon that bill he got sight of the
goods after the usual declaration had been administered
to him.

Mr. William Willimot stated that in July, 1842, he
was receiving the ground receipts at the Custom-house.
The perfect entry paper now produced contained an
entry of 71. lls. 9d. upon which the prisoner obtained
the goods, and the 71. 11s. 9d. was paid to witness's
account.

Mr. Henry Robinson stated that he was partner with
his father. He signed the cheque produced. The body
of the cheque was filled up in the prisoner's hand-
writing. Witness could not swear that he delivered the
cheque to the prisoner.
Mr. Chambers remonstrated against the proposition
to commit the prisoner, who had, he declared, as ap-
peared from the documents of the Custom-house, paid
duties on the day specified amounting to every shilling
of the sum he was charged with having embezzled. The
Learned Counsel then, upon finding that the Magistrate
was determined to send the case to a jury, applied to be
permitted to put in bail for his client.
Sir JOHN KEY stated that he did not consider himself
justified in taking bail in such a case, and the prisoner
was fully committed for trial.

GREAT SEIZURE OF SMUGGLED TOBACCO AT
NORTH SmELDs.—A seizure of about four tons of unmanu-
factured tobacco, the duty upon which would amount to about
1,300/, was yesterday morning made by Peter Moore, Esq.,
principal officer at North Shields, on board the Eclipse, Capt.
Clarke, from Holland. The tobacco was concealed among
the ballast in the hold of the vessel. Three of the crew were
taken into custody, and will undergo an examination before
the magistrates this day. Great credit, we understand, is
due to Mr. Moore for his exertions on this occasion, and for
the indefatigable spirit he displays in the general discharge of
his duties,—,Newcastle Advertiser,