The Sun.
London, England, 1844-09-28 00:00:00

plish, by the execution of one project, the attain-
ment of objects that must give incalculable
development to the agricultural and mineral
wealth, and the labour and capital employed on its
production, of perhaps the richest strip of territory in
South Britain. But it will, furthermore, achieve a
design often meditated by those who have directed the
councils •of this empire, as a purpose of the very
highest national importance, but as often aban-
doned on account of its colossal character
(while railroad _ communications were yet un-
thought of), and the overwhelming expenses
that must have then attended its execution.
It will, so to speak, concentrate three of the most
important maritime stations of our naval and com-
mercial greatness. It will connect, in short, the
mighty outwork of our naval strength at Plymouth,
with Bristol (whose pristine rank and consequence

among the cities of Great Britain it will speedily
restore), and with Falmouth, which wanted but this
condition, now to be supplied, of a railroad connected
with a harbc4r, "to make it," in the recorded
opinion of the Government Commission of 1840,
" the most eligible packet station in the empire."
In these times such an approximation of scattered
and remote posts is of vital moment to every plan of
a Government which may desire to be enabled, on the
exigency arising, to avail themselves in the promptest
manner of all or any of the resources placed by the
country at their disposal. Now, invaluable as this
approximation may be (especially considering the
'prospective facilities which would arise by means of
other extensive lines of existing railway, and the
construction of , lateral branches where they may
be found necessary, for continuing it to Ports-
mouth and even to Chatham, those other strong-
holds of our naval power), perhaps in a commercial
point of view the plan of the Cornwall Railway has
still higher .recommendations. It will provide
southern ports for the investments of the northern
districts. It will "bring Falmouth within eleven
hours of London, and fourteen of Liverpool and Man-
chester." It will also run " through the richest and
most densely peopled mining, commercial, and agri-
cultural district of Cornwall." It has, in short, so
many, and such peculiar advantages, that we canno
find room for an enumeration that would but do in
justice to the clear and unexaggerated statement o
the advertisement.

The " Direct Northern Railway from London to
York" is another of the new lines! now before the
public ; and for Which, if the much larger capital
of 4,000,0001. be required, it must be owned that the
probable return of some 10 per cent. is suggested,
on calculations that seem to merit the praise of being
made on the most fair, reasonable, and undistorted
data. Among other not less prominent recommenda-
tions assigned in a cleverly drawn advertisement, we
suppose that the following advantages of this line will
require no further commentary at our hands :
" The distance by it between London and York will
be 180 miles, or 20 miles shorter than any other pro-
posed line. It will reduce by 39 miles the present dis-
tance between London and York, by the same distance
bring Newcastle and Edinburgh nearer to the metro-
polis, and economise the distance between London and
Hull by no less than 43 miles. It will form the nearest
route to Leeds, Selby, Hull, Halifax, Bradford, Hudders-
field, Wakefield, Pontefract, and Sheffield. It opens an
easy communication between Norfolk and Suffolk, and
the west and north of England."

The Dutch papers, from which we yesterday gave
extracts, contain some very remarkable statements
connected with the financial statistics of the Govern-
ment of Holland. It appears that the Ministerial
plan for reducing the interest en a vast proportion of
the public debt of that country is working out with
signal efficiency and success. Within three months
only, from the promulgation of the law authorising
this scheme of conversion, one-half of the whole
amount of public debt hypothecated for this opera-
tion, has been actually converted ; the interest thereon
being lowered from four to five per cent. Consider-
ing the vast extent of the debt she owes, and the
smallness of revenue—(this does not much exceed
5,000,0001. sterling per annum)—the object achieved
becomes of so much the more importance to her. The
relief she has thus secured to herself is so much the
more immediate and buoyancy-giving. For Hol-
land, sufficiently released from the trammels of that
disproportionate annual charge for interest on her
public debt which she has hitherto had to meet, there
are commercial prospects of the most encouraging
nature. In such an event, the private capital still
distributed among her highly industrious community
would be soon called into energetic and extensive dif-
fusion. The very many advantages arising from the
incidents of her geographical position, her ancient
and still subsisting commercial relations in the East
and West Indies and on the Spanish Main ; and her
locality in the high road of European traffic, as an
intermediate emporium at all times for interchangeable
commodities, of which she was, heretofore, the general
carrier ; these may, in the course of events, within a
few years raise her again into an attitude of first-rate
eminence among mercantile nations. She has ap-
proved herself, at all times, an active, able, vigilant,
and jealous rival, whenever she has met competitors in
her path. And though she has been immeasurably
distanced and beaten in the race for maritime and
commercial superiority by the genius, the fortune,
and the inflexible progress of Great Britain, it may
be a salutary reoollection for us to cherish, that during
the latter period of that memorable rivalry for the
dominion of the seas, and of the empire of trade, we,
ourselves; had not the same formidable rivals in other
States to divert our undivided attention from the
growth of Dutch greatness that we now have. The
federation of the United States of America was not
vet in existence. The States of the German Union
had not been associated in such an Anti-English
League as that which is now presented by the
Zollverein. Saxony, and Prussia, and Belgium, had
not appeared in the markets of the world as manu-
facturing countries. The cotton and other fabrics of
Switzerland and of France were unknown as sus-
taining any competition with our own. Russia,
which, on many accounts, as well as from the force
of ties of family connexion, it may now be assumed
would eagerly Support the efforts of Holland to
make good her pretensions, as against the influence of
England, to re-occupy the once proud elevation from
which she has long since descended, was then a
fourth or fifth-rate Power, so far as commercial in-
fluence or marine was concerned. France had not
then established a species of monopoly in the profit-
able gum trade, 'and. other branches of commerce, on
the western shores of Africa and elsewhere. How
distant soever the probability may, prima facie,
appear of Holland's reviving any considerable share
of her former maritime and commercial greatness,
these, then, it will be allowed, are considerations
tending to bring that probability nearer to our
contemplation the more dispassionately they are
looked at.
The moral which this somewhat startling financial
ability of Holland suggests to our own minds is,
that it well behoves the Government of Sir ROBERT
PEEL, by timely concessions to the principles of free
trade and financial economy, to improve upon the
example set by Holland, as the only means open to
us for retaining, in permanency, that paramountship
which we at present enjoy, against the challenge of
all competitors. Holland, with her circumscribed
population, and area, can have retrieved the scale of

her public credit to the extent of conducting so vas
an operation as we speak of, in diminishing the in.
terest of her debt, only by a rigorous and exact ad•
ministration of her annual revenue. She accom•

plishes this remarkable measure in the thirtieth year
of an European peace, not by the dangerous and
most unjust expedient of a tax on that property and
income which any far-seeing statesman will endea-

your, always, to preserve intact as to such im

posts, until there arises the invincible exigency of a
war ; but she—Holland—achieves her purpose by a
business-like, unsleeping, systematic supervision of
her revenue. There are no huge " Custom-house
frauds " perpetrated, at Amsterdam or in Rotterdam,
whose colossal amount, in one year, renders it neces-

sary (as we have seen the case to be in this country
ever since 1842) to supplement a deficient revenue
by new and odious taxes, to an extent commensurate
with the defalcations of that department in which the

frauds in question havi been committed. There are

no stupendous forgeries successfully practised on
that precise bureau in which it is the especial duty
of our Minister of Finance to provide the securities,
and test the machinery of such provision, against the
spoliation of the 'national treasure. The 40,0001.
forgery the other day of Dutch National Bank paper
is scarcely to be noted as an exception to this remark,
when our Exchequer forgeries, alone, have amounted,

tin BEAUMONT'S single case, to more than 400,000/.
Add to this 400,0001. the yet utterly unascertained
robberies daily effected by conspiracy, bribery, and
perjury on our revenue of Customs, and you have
an aggregate which shows that, were those branches
of the public service in which such stupenduous losses
have been incurred, better organised and more vigi-
lantly superintended, there would he no reason—and
consequently no excuse—for the abomination of Sir
ROBERT Palm's property-tax. The Premier would
find his Customs and his Excise increasing at a ratio
that would soon balance, at the least, the expenditure
by the income of each year ; and this equation, owing
to the enormous increase of trade consequent on the
removal of his pernicious property-tax " screw,"
would be speedily enlarged to a surplus revenue;
which would enable his Chancellor of the Exchequer
to carry on his reductions of last year, on the Three-
and-a-Half Per Cents., to a proportion of our national
debt, liable to a similar conversion, that should be, in
proportion, equivalent to that on which the Dutch
Government has acted in dealing with the debt of
Holland.

Madrid papers of the 20th hare been received, but
they bring no news.
On the Bourse the Three per Cents. were done at
27/ I for cash, and 271 at 60 days; the Fire per
Cents.. at 641 at 60 days; and the Coupons at 251 at
60 days.

The Paris papers are entirely destitute of news,
and the leading articles in most of them possess not
the slightest interest. Having no domestic intelli-
gence of importance to occupy their columns, the
editors have recourse to Foreign States. The Jour-
nal des Debals gives statistical details of the United
States. The Constitutionnel adverts to the late strike
among the operatives in Silesia, and the Presse fills
up nearly two columns with disquisitions on the pre-
sent condition and future prospects of Texas.
In the Marseilles and Algiers papers we find some
later intelligence from Africa, which though not of
great importance will be read with interest. " The
battle of Isly, ' says the Algerie, "was fought on the
14th, the bombardment of Mogadore took place on
the 15th, and it was in the night of the 14th, between
those two victories, that the Princess DR JoInvILLI was
delivered of a daughter. Marshal BUGRAIID, struck
with this coincidence in the dates, asked the Prince,
in the name of the army of Algeria, to add the name
`VICTORIA' to those already given to the new-born
infant. The squadron has expressed the same wish.
The KING Will, no doubt, consent to unite the recol-
lection of the birth of his granddaughter with the
double souvenir of Isly and Mogadore." The same
journal publishes the following letter from the KING
to the Prince DE JOINVILLE, which, by the Prince's
orders was posted on all the vessels of the
squadron :

" September 11.
" The King, on hearing of the success obtained under
the walls of Tangiers and Mogfulore, has been pleased to
instruct the Rear-Admiral in command of the squadron
to transmit to it. a mark of his satisfaction.
" The Rear-Admiral is happy to have it in his power
to fulfil that duty, and hastens to place on the order of
the day, the following letter written by his Majesty:
• " THE XING TO THE PRINCN DE JOINVILLE.

" Neuilly, Thursday, Aug. 29.
My dear and most beloved Son,—l thank God for
having preserved you amidst the dangers you se nobly
braved, and for permitting that I address through you
to the squadron under your command my personal con-
gratulations and the expression of the national gratitude
for the new laurels which it has added to our flag.
" In congratulating our brave seamen for having
displayed that French valour which never fails to re-
spond to the appeal of the country, I take pride to my-
self that you restrained their ardour until the moment
when the justice of our cause imposed upon us the duty
to have recourse to arms.
" I saw with delight the simultaneous efforts of our
navy and army crowned with such brilliant success, and
it is particularly grateful to me that my son should have
led our seamen to victory.
"' I embrace you, my dear son, with all the effusion
of my heart. " ' LOUIS PHILIPPE.
" F. D'ORLEANS,
" Rear-Admiral commanding."
The subjoined particulars relative to the conclusion
of the treaty between France and Morocco are taken
from the Algerie
" The moment the signal agreed to had been hoisted
on the Neapolitan Consular-house, the two negotiators
(Messrs. Glucksberg and de Nyon), accompanied by two
naval officers, immediately repaired ashore. The Con-
sular body, all the civil and military authorities, and the
troops, attired in their best uniforms, awaited on the
quay the arrival of the French negotiators. Saddle-
horses, held by soldiers of the Emperor, had been pre-
pared for them. A salute of eleven guns was fired on
their landing. The cortege having commenced its march,
proceeded slowly through the narrow streets, which were
thronged with a dense crowd. On reaching the palace
of the Governor, the Envoys of France directed their
course between a double line of Moorish soldiers, towards
the hall in which the Pacha awaited them. He was
seated alone, and in a pensive mood, in a spacious hall,
where twelve seats had been provided. Sidi-bon- Sellam
is about sixty-five years of age ; his beard is as white as
snow ; bis features are handsome and regular, but his
eyes, remarkable for their vivacity, and a slight cast,
betray their duplicity, of which he has given
so many proofs since the commencement of hos-
tilities. His dress was simple ; under a hatch and
a white burnous he wore a sroua(breeches) of scarlet
cloth ; his silk outer-garment was without any orna-
ment ; an immense white turban and yellow babouches
completed his costume. On the approach of our repre-
sentatives the Pacha rose and shook them kindly by the
hand. The presentation and compliments lasted a long
time ; the great question, that of the treaty, was then
entered upon. A secretary of the Paella, Si Mohammed-
ben-Zarouch, read it out, and, after a few remarks from
Sidi-bou-Sellam, three copies of that document were
owing day. Immediately
the Pluton steamer
afters ig uet do
the;b
ea
conclusionsfoi
gunret hd ,
odnroa
of the
euf
op in the Arabian language,
was
l l
treaty,
was ordered to proceed to Mogadore, with instructions to
the commanders of the station and the garrison to eva-
cuate the island. The vessels lying before Mogadore,
and those dispatched thither by the Prince on the Bth,
were to receive on board the troops and materiel left on
the island. Iri the night of the 10th the Castor sailed
for Cadiz, to deliver to our Consul the telegraphic dis-
patch published in the Message,. of the 16th instant. On
the 11th the, Espaddn arrived at Tangiers from Cadiz,
with dispatches for the Prince, at the moment when the
Cuvier was leaving for Mogadore.. On the 12th the
Espaddn, the Montezuma, and the Suffren left Tangiers
for Cadiz, and the Egerie sailed for Toulon with the
wounded and sick. The Inflexible ship of the line re-
mained alone before Tangiers. Whilst we were in the
roads, the English steamer Hecla was constantly plying
between Gibraltar and Tangiers. She was dispatched
for England during the night of the 11th. The Albion
replaced at Tangiers the English ship Formidable on the
12th, and was accompanied by the corvette Scout."
The Siecle
wereys,
‘the Prince DE Jontvima, while
the English arranging‘ our affairs, thought that
sa
he was invested with a mission to stipulate for
France. He had agreed with the Pacha of TANGIERS
which the Emperor of
3,onfoßthoeccboaswisasof a
bound treaty by
pay towards the expenses of
the war a sum of 12,000,000 f., payable monthly.
The balance was to be remitted on the day on which
ABD-EL.KADER should be surrendered to the French.
The PACHA bad already forwarded these terms to the
to
Emmea, and the acceptance of which he considered
he might guarantee, when the Duke DB GLUCEB•
DREG and M. DE NYON, or rather Mr. BULWER, sub-
stituted for the Patticit's treaty the miserable conven-
tion announced in Paris by the cannon of the is In-
valides." It pitiful in these Opposition journals
thus constantly to distort facts when they allude to
England.
The h
e following
opapers :—r
T miscellaneous extracts from the
o are
questeam-frigate arrived at Marseilles
onthe23d from Algiers, with Colonel Eyrard and the
colours and the tent and parasol of command of the son
of the Emperor, which were taken at the battle of Isly."
We find the following in a Havre journal
In 1843, the Felicie of Marseilles was pillaged by
the natives of Cape Lahou, on the western coast of
Africa. An attack was directed against them to force
them to a just reparation ; and by an engagement signed
in December, 1843, King Peter, their chief, agreed to
pay the value of the pillaged goods,. and 134 ounces of
gold, as indemnity for various objects taken from the
captain and crew. This promise was not, however, kept,
and Captain Bouet, the Governor of Senegal, considered
it necessary to have recourse to other measures. Pass-
ing in March last by Cape Lahou with the Nisus brig,
lye fell in with a number of canoes belonging to the
natives, and opened a fire of grape-shot on them. Being
obliged to continue his course, he left Lieutenant Jance,
with the Eglantine gun-brig, to obtain the promised re-
paration, or punish the people severely. This was
deemed the more necessary as they are one of the richest
tribes on the coast, and have been encouraged by the
rampart of breakers which defends Cape Lahou, to prac-
tise considerable exactions on the vessels which came to
traffic with them. Lieutenant Janee has addressed a re-
port, dated March 11, 1844, to Captain Bouet, in which
he informs him that he has performed the duty assigned
him. He states that on the evening of March 9th he
opened a fire on the. KoUBC hi quarter of King Peter's
town, and speedily caused that district to be evacuated.
He continued to throw in balls from time to time during
the night to prevent the natives from re-occupying
it, and the next -morning -he ordered out the boats,
crossed the bar, succeeded in effecting a landing
and set fire to the town, amidst cries of " Vive
le Roi" from the Eglantine and the boats. The men then
got back safely to the vessel, which continued to fire on
the natives, who were euletwouring to eztinguioli the