The Sun.
London, England, 1850-10-12 00:00:00

ITALY.

On the Ist inst. his Holiness the Pope received
Cardinals Cosanza, Wiseman, Pecci, and Roberti,
Cardinal An!onelli preseited them to the Holy
Father, who gave them fhe insignia of their new
dignity.
After the Consistory of the 2d, at Rome, noble
messengers were dispatched to announce to the new
dignitaries of the Church the intelligence of their
promotion to the rank of Cardinal. The Marquis
Pio del Papato proceeded to Besancon, Count Nicolas
Liberati to Paris, Duke Francois Gaetani to Rheims,
and Count Pompee Troili to Toulouse.

THE GREAT FIRE IN MARK-LANE.—Three weeks
had yesterday morning elapsed from the time the disastrous
fire in Mark-lane broke out, and even at seven o'clock last
evening a great body of flame remained in various parts of
the ruins, so much so that the firemen were obliged to be
actively engaged in pouring water upon them. In some
places the fire was still ten feet deep. Thirty men have
been daily employed, under the direction of Mr. Toplis, his
assistant, and Mr. Mackay, one of the engineers of the Fire
Brigade, in removing salvage from the ruins. Up to last
evening they had recovered about six tons of Italian hemp,
nearly twenty tons of ironwork, and soldiers' muskets
oand b
usffaabiroe s. h
rTnlzywalso
grse coof vtetruciedi e
raieb,o ut
wt
ofitvo en
st oonfs
rnmea'
didgehrt,
one ton of chicory, twenty tons of jute, two tons of horse-
hair, about I,ooth. worth of pigs' bristles, and an iin•
rnense quantity of cloth and soldiers' clothing. It is ex-
pected that it will take at the least another fortnight to get
the remainder of the salvage out. The ruins at the present
time present a singular appearance, for, owing to vast quan-
tities of shellac having become melted and afterwards set
together, the men are unable to break it, and during the day
they work completely under it. The army acoutrements
that have been extricated are nearly all destroyed; and the
splendid Oriental vases, sent as presents by Indian (lacers to
their friends in England, have all been melted. There arc
still known to be 100 pipes of oil in the ruins, 40 cases of
castor oil, and six tons of loaf sugar. The bristles known to
be in the premises when the fire occurred were worth 22,0001.
The surveyors to the fire offices anticipate getting about
three times as much property from the ruins as they have
yet recovered.

PROPOSED NENV METROPOLITAN BISEIOPRIC.
Arangements, which it is very generally stated have received
the sanction of her Majesty's Government, have been made
for introducing early next session a Bill into Parliament
providing for the erection of Southwark into a distinct epis-
copal see. To accomplish this object it is intended to sub-
divide the present immense dioceses of London and Win-
chester (in the latter of which Southwark is situate), in
other words to divide amongst three bishops the labour which
is now performed by two. The new diocese of Southwark
will comprise the whole of the county of Surrey, and all that
portion of the Archdeaconry of Middlesex lying eastward
of the city of London, as well as those portions of Kent which
are now comprised within the boundaries of the metropolitan
see. Under the new arrangement the diocese of Winchester
will consist of the entire county of Hampshire, the Channel
Islands, and the Isle of Wight. The diocese of London will
consist of the parishes within the City, and of that portion
of the Archdeaconry of Middlesex westward of the City.
The new Bishop of Southwark will have under his jurisdic-
tion a large number of benefices, and arrangements will be
made for conveying to him that portion of the patronage
now held in the proposed new see by the Bishops of London
and Winchester on the avoidance of one or both of those
diocesses. A provision will be made for a seat in the House
of Lords for the new prelate, in rotation with other bishops,
on terms similar to those introduced into the Bill for the
erection of the new see of Manchester.

--------
THE EMPEROR OF RUSSIA'S -STEAM-YACHT.—The
Peterhoff steam-yacht, for the Emperor of Russia, fully
rigged, and with all her boats and spare gear on board, and
30 tons of coals, which brought her 31/2 inches below her
calculated draught of water, went down the river yesterday
on an experimental trial to ascertain her capabilities when
ready in every respect for the service of the Emperor. The
Peterhoff left Blackwell shortly before twelve o'clock, and
arrived opposite Gravesend in one hour and a quarter against
a strong wir-d and tide. She then held on to the measured
mile in Sea Reach, about seven miles below Gravesend, and
made four tuns up and down the measured mile during a
heavy gale and pouring rain, and the result gave a speed of
14 knots, or rather more than IC miles per hour. The gale
was blowing from the north-west, in the same direction as
the rising strong tide, which was very disadvantageous in
taking the real speed of the vessel; but she gave great sa-
tisfaction, owing to her steadiness and the excellent work-
ing of her engines during the severe test they had to under-
go. Mr. Waterman, the designer of the vessel, was highly
complimented for having produced a vessel able to attain
such speed, although flat-bottomed, and drawing se little
water. The vessel is fitted with Gray's well-arranged side
scuttle, with a very ingenious apparatus for lifting and se-
curing those fitted in the imperial cabin, which are plated
with silver. Those fitted in the after- cabin and berths are
japanned, and they work with the greatest ease, justifying.
without the least trouble, the opening of the plate-glass to
any required position. She is also fitted with a simple and
sure contrivance for letting go the anchor instantaneously.
Mr. Gray has also fitted several of his patent self-screw-
ing eeck illuminators, and Sir William Harries lightning
conductors.

BOTANICAL SOCIETY OF LONDON.—The ordinary
meeting of this society was held last evening, A. Henfrey,
Esq., Vice-President, in the chair. Mr. G. E. Rennes, the
secretary, announced that several very valuable parcels of
British plants had been received since the last meeting, and
also many valuable works for the library. Mr. Oliver ex-
hibited specimens of ...Yaws flexilts, a new British plant, dis-
covered by him near Boundstone, Galway, Ireland, in
August lust. Dlr. Stock communicated a paper "On the
Botany of Bungay, Suffolk."

MONEY and COMMERCIAL NEWS

CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool yesterday were esti-
mated at 5,000 hales, all to the trade.—Railway Shares
were depressed, at lower prices.
The statement made up at the Bank of Ergland for
the week to the sth inst. is highly satisfactory in respect
to the employment of the assets, a very large ircrease
apraring in the amount of the securities upon which
loans were made; and as the public deposits were dimi-
nished, the active circulation stands higher and the bul-
lion was drawn upon more largely. The comparison
with the previous week is as follows:
Notes Issued

... 29,831,485

Decrease ...
Rest ••• ••• ••• _
•.•
... _

251,810
3,566,136
Increase ... 5,549
Public Deposits ... 10,652,937
Decrease ... ... 201,293
Other Deposits ... 8,899,290
Increase 21,594
Seven Day and other Bills ... 1,309,561
Increase ... 62,077
Government securities ... 14,443,637
increase 10,407
Other Securities ... 13,389,578
Increase ... ... 403,735
Notes ... 10,527,035
Decrease ... 522,960
Bullion 16,452,159
Decrease . . 255.065
Active Circulation ... 19,304,450
Increase ... 271,150
There was a slight decline yesterday afternoon in the
quotations for bills of exchange on the principal conti-
nental cities, the terms at which three months' paper
were negotiated being as follows:—Paris, 25 471 to 52k,
Antwerp, 25 45 to 50; Amsterdam 12 to 121; Ham-
burgh, 13 84 to 94; Frankfort, 1194 to 120; and Trieste,
12 2to 6. Paris and Trieste were best supported.
The weekly railway traffic, returns for all the principal
lines are again very satisfactory, and there is a large in•
crease in the instance of the North-Western and some
others.

Very interesting particulars of the condition of the
Sandwich Islands and their form of government are
given in advices to hand this week, and it will be seen
that our energetic countrymen have taken a very pro-
minent and useful part. The account before us, in re-
ferring to the King, states:—
" Ills Government is carried on almost wholly' by
foreigners, all the departments, save one, being filled by
them. Of these probably the mst influential with King
and chiefs is Mr. G. P. Judd. He is a man of good
education, well read, has a sound judgment, and, what
is of more consequence, has that peculiar cautiousness
so requisite in oue occupying the post he does. He is
Minister of Finance, and is probably the fittest man for
that post in the kingdom. Next in importance and in-
fluence is the office of Fcreign Affairs, filled by Mr. R.
C. Whyllie, a Scotchman by birth, who has all the pecu-
liarities of an Ayrshireman. Ho was formerly a wealthy
merchant, whom a roving inclination induced to leave
England, and, having travelled through many of the
English Colonial settlements, he visited these islands in
1844, in company with the British Consul-General for
the Pacific. Evincing great interest in the welfare of
the Hawaiian people, he very soon came into favour with
the King and chiefs, and was soon appointed to the post
which he now fills. Mr. Whyllie is a clever, sociable,
gentleman, a little short of fifty, fond of fine horses and
fine dinners. In the post he occupies ho gives satisfac-
tion to all, and seems to labour arduously, yet disinte-
restedly, for, it should be added, to his credit, that he
has served his Government five years, refusing any
compensation for his services. The Minister of the In-
terior is Mr. John Young, a half-breed; his father was
an Englishman, his mother a chieftess, through whom
he inherits his high caste. He is about thirty-five
years of age, tall, erect, and has the reputation
of being the handsomest man in the kingdom.
The fourth, and last office, is that of Public
Instructior, filled by the Rev. K. Armstrong, who was
formerly a missionary, but exchanged the clerical for
the political garb some two years ago. It is said that
there is not a better scholar in the Hawaiian language
than Mr. A.; and most certainly none but a man who
is a r erfect master of the language can well fill the place
he occupies.
" Business now is very brisk in Honolulu, entire car-
goes of lumber are selling very well, brought chiefly
from the British Australian colonies. The impetus
given to every branch of business by the increased com-
merce of this port has never before been known here.
Merchants are reaping fortunes, almost without care,
while tradesmen, farmers, labourers, &c., all come in fur
their share. More than 250 houses have been imported
and erected in and near this city, within the past six
months, which fact of itself would show a good deal of
prosperity. I wonder that more of your merchants do
not take advantage of the handsome profits to be ob-
tained by shipments to this quarter."
There are accounts of June 4 from Port Phillip, but
they add nothing important to our previous information.
The reports of the stock markets abroad advise no
material change.
In the manufacturing districts of Yorkshire and
Lancashire business this week has been rather duller.

The exports of the precious metals from London dur-
ing the week to Thursday last were 5,017 ounces of
gold, and 195,000 ounces of silver. There were also
2,000/. in gold coin sent last week to the Mauritius.
The English Funds have been very buoyant again, and
it now seems as if the account would prove Bearish. The
fact that 861,000/. will be invested in stock this quarter
by the Commissioners for the Reduction of the National
Debt greatly assists the Bulls. Consols opened at 961,
to 97 tor Transfer, and have since been 97* q. Fur
November they are 971 The New Three-and-a-
Quarter per Cents. have been 981 to Bank Stock has
been firm at 210. Exchequer-bills continue at 653. to
68s. premium.
Very little is doing in Foreign Securities. Mexican
Bonds have improved to Pe; uvian Deferred are
35i. Danish Five per Cents. have been at s per cent.
above par. Spanish Five per Cents. are nominally 18i
to lBa. Belgian Four-and-a-Halt per Cents. have been
quoted 911.
Railway Shares have been again rather heavy, but the
sales are extremely limitid.