The Sun.
London, England, 1844-07-18 00:00:00

PIII SVN, LoNnoN, THURSDAY EVENING, JULY 18, 1644.

Under the new "complement" Act assuredly this
will not be the case. That is a capital Act for en-
hancing the value of bullion on money to those who
have already got it, by whatever means. It is a vir-
tual and probably an intentional disqualification of
those who have it not from ever acquiring it, through
whatever merits they may deserve them. There is
just a possibility that the Gold Currency Act of 1819
was favourable to the enlargement of Sir ROBERT PEEL'S
private fortune. There is every human probability
that, under his Bill of 1844, no man, now without a
fortune, will ever be able, by honest industry, to
acquire so large a one as that bequeathed to Sir
ROBERT PEEL by his late father. What is said on
the subject of foreign trade, in the same illustration
of the operation of the paper pound system, is con-
clusive as to its advantages to our own commerce.

The illustration of diagram No. 11., we should only
weaken by attempting to add anything to the clever
exposition of the evils of the gold standard. But it
concludes with two assertions, to which we are
apt to think the public will attach much more
value than to the improved platitudes of Sir
ROBERT PEEL'S didactic essays on the famous
question, " what is a pound ?" And these are, 1. That
011 PITT'S pound the National Debt was chiefly con-
tracted, and might have been paid off within the last
twenty-five years. 2. That on PEEL'S pound the Na-
tional Debt has been virtually doubled in amount ; but
we are reluctant to believe—and cannot allow—that it
" never can be paid," except, indeed, in the disas-
trous contingency of Sir ROBERT'S retaining the
Premiersnip for five years longer

Madrid jourhals of the 10th inst. have been re-
ceived. The Gazette publishes a return of the
national property sold in the month of June, which
realised 9,041,996 reals (90,0001.) The entire pro-
perty sold had realised more than two millions ster-
ling. The ensuing election begins to excite some
little interest. The lists are to be closed on the 3d of
August, and publicly posted up on the 19th during
fifteen days. The elections will commence throughout
the provinces on the 3d of September, and the general
scrutiny take place on the 14th.

The Funds are rather more firm. The Three per
Cents. reached 261 for cash, 27 at 60 days; and the
Fives 214 cash.

The French Chamber of Deputies have rejected,
as was anticipated, the amendment of M. CREMIEUX,
which would have excluded from all participation
in railroad companies the Members of both Chambers.
The majority was very large, the motion for the
amendment being only 105, while the Bill as amended
by the Peers was adopted by 195 ; majo-city 90. In the
Chamber of Peers a brief discussion took place relative
to the late arrests. The Viscount DUBOUCHAGE com-
plained that M. CLIARBONNIER DE LA GUESNERIE, wht
nad been brought from a distance of sixty leagues, and,
though 60 years of age and afflicted with acute rheu-
matism, was kept for ninety-six hours in a humid cell.
It was now near three weeks since those arrests had
been made, and yet, though two of the persons taken
up had offered to give heavy bail for their appearance,
they could not obtain their liberty. Undoubtedly
the Government ought to be authorised to take all
proper precautions, but not in the vexatious manner
practised in this instance. The Minister of Public
Instruction said the Noble Peer was greatly mis-
taken insupposing that these arrests were preventive—.
they were executed in virtue of judicial warrants,
and after law proceedings regularly instituted. But
the Noble Peer was also in error in supposing that any
inhumanity was practised. The persons arrested ac-
knowledged themselves that they had been perfectly well
treated; which fact it was easy to ascertain, as access
to them was not interdicted. The Marquis DE BOISSY
said the dornicilliary visit to the Prince de ROSBECQ
had been made in an offensive manner. This was
lenied on the
_part of the Government: The Prince
had been arrested in consequence of a regular war-
-ant from a judge, and two of the most moderate
And gentlemanly commissaries of police in the admi-
nistration had been selected for the duty. Two re-
latives of the Prince de ROSBECQ had decla'red that
nothing could exceed the perfect politeness and pro-
priety of their proceedings.
A telegraphic dispatch had announced the acquittal
if Madame LACOSTE, charged with the murder of
her husband, as well as the man who bad been in-
licted as an accomplice.
The following are additional extracts from the
papers :
The Moniteur publishes a table of receipts of indirect taxes
'or the first half-year of 1844, as compared with the corre-
ponding period of th`e two preceding years. It shows an
,ncrease of 7,752,000 f. over 1843, and of 14,077,000 f. over 1842.
Malta letters of the sth inst., received by the Levant
mail, give some details of the landing of the Italian refugees
in Calabria. Some of them appear from these to have joined
the Calubrian bands, and at Malta hopes were entertainca
:hat among them were all the leaders of the enterprise, with
the exception of Moro, who was known to be mortally
wounded.
We read in a letter from Venice of the 7th inst. :—" The
Neapolitan Government has made a communication to that
of Vienna relative to the Austrian subjects made prisoners in
Calabria. It is believed that the Austrian Government will
not demand their extradition, in order to be spared a process
roe desertion and treason against the eons of a distinguished
and meritorious officer."
Letters from Athens of the 30th ult. inform us that tran-
quillity had been re-established. A warrant had been issued
for the arrest of Germano Mavromichali, accused of being the
exciter of the disturbances on the 23d, which cost the lives of
several persons. General Tzavellas—since exiled to Syra—
has tendered the resignation of his appointment as Aide de-
Camp to the King, in dissatisfaction at the breach of faith
which the Ministry wished to commit towards General Grivas,
but, which M. Piscatory prevented by taking him under the
protection of the French flag. The President of the Council
persisting in not recognising the compromise between Ge-
nerals Tzavellas and Grivas, announced that he should pro•
reed to obtain judgment by default against Grivas, who
thereupon retired to Smyrna.
The King of Naples arrived at Messina on the 29th ult.,
and soon afterwards left for Catania, on his way to
Girgenti, Trapani, and Palermo.
Prince Metternich left Vienna on the Bth, for the Baths of
Ischia.

We learn from Dresden, July 9, that although apparent
I.anquillity has been restored at Prague, there is great agi-
Idion still among the labouring classes in other parts of Bo-
iemia. At Reuschenberg the weavers have destroyed all
he machinery and several factories.
THE BOURSE—TUESDAY, JULY 16.
First Highest Lowest Last

Price. Price. Price. FrTee.
'rench Five per Conti 122 15 122 15 122 10 .. 122 10
Three per Cents.— 81 90 .. 81 90 .. 81 85 .. 81 85
:ank of France
.affitte Bank, I,ooof. Sharesll26 ..1120 ..1120 11,20
5,000 f. Sharesso67 50 —5067 50 ..5060 ..5060
:elgian Bank. . . 675 .. 675 .. 675 G 75

it eirdan Fives, 1840 •••• • • 1051 .. 1051 .. 1051 .. 1.04
-panish Active •• •• •• •• •• •• 801 •• 301 •• 301 .. 30i
Passive 5l 51 51 •• 51
New Deferred l3 .. 13 .. 13 .. 13
Neapolitan•••• •• •• •• .. •
Koman .. . 1041 .. 104 f .. 1041 .. 1041

RAILWAY SHARES.
Versailler.L.B. ..

Rouen to Havre.. • • • • 765
Orleans . .

- 765
•- 985

.. 7G5
.. 985

•• 765
•• 985

Strasburg to Bale.. 240 .. 240 .. 238 75 • 240
Avignon to Marseilles • • • • • • 772 50 .. 772 50 .. 772.50 .. 772 50
ItAILWAY SHARES FOR SETTLING, THIS DAY.
St. Germain ••••• • •• •• •• 890 890 .. 890 .. 890
Versailles, R. 8.• •• •• •• 378 75 .. 378 75 .. 378 75 .. 378 75

L.B.••••••••••• 245 .. 245 .. 242 50 .• 242 50
• •••••• 988 75 .. 988 75 •• 987 50 .. 987 50

Konen;

Hnaen to Havre 765 765 .. 762 50 .. 762 50
Orleans •••• ••••••• •• ••• •• 987 50 987 50 .. 982 50 .. 982 50

Strasburg to Bale

.. 238 75 .. 240

Avignon to Marseilles— ...• 775 .. 775 • 773 75 •• 773 75
RAILWAY SHARES FOR THE ACCOUNT, END OF JULY.
St. Germain ......
Versailles, L. 8.•• •• •. •• •• 243 75 .. 243 75 .. 243 75 .. 243 75
!Lunen .. 991 25 .. 991 25 .. 990 990

Strasburg to Bale ..... ..... 238 75 .. 240 .. 238 75 • • 240
Orleans .. . 986 25 .. 986 25 .. 983 75 • • 983 75

Avignon:to Marseilles...... 775

•. 775

.. 775

• • 775

THE LATE THOMAS HUDSON.—We are glad to learn
hat, under the patronage of the Lord Mayor, a Com-
nittee has been formed to get up a concert for the
,enefit of the widow and children of the late Mr.

Thomas Hudson, the celebrated comic writer and vo-
calist. It will take place towards the end of the
month at the Princess's Theatre. Some of the first-
rate English performers have offered their services
gratuitously, and their example has been followed by

value in gold ; a property of the highest ,
consequence with respect both to the home and
foreign market ;" for, by increased prices on the
former, the producer is entitled to recover from the
consumer the amount of that taxationon Customs and
Excise which he has originally advanced to the State.
The labourer charges that portion of taxation which
he has paid on articles consumed by him on the pro-
duct of goods or commodities for his employer; the
employer or master charges this, in his turn,
to the consumer, who finally pays it, as the
Legislature meant that he should do. In
this way the wealthy and unproductive do bear their
share of the taxation of the country—by the en-
. hanced price they pay for every product of industry.
The producers contribute to revenue by the amount
of their consumption of Excisable and other commo-
dities. Nor is this all; the wants and tastesof the people
expand with the growing power of production ; so that
the greater the production and the denser the population,
the burden of taxation is more widely spread over all,
and less severely felt. The national wealth is readily
and proportionably diffused through numberless
channels by the distributive power such a currency
gives; and no excessive toll being demanded from
the field or the factory labourer, he has the opportu
nity left him to raise himself in the social scale.