The Sun.
London, England, 1850-07-20 00:00:00

LONDON, SATURDAY EVENING, JULY 2O, 1850,

MONEY and COMMERCIAL NEWS.

LLOYD'S SILIPPING.—( THIS DAY.)
LONDON, JULY 20.—Wind at noon, N. light breeze,
and dolt cloudy weather._.

CITY, TWO O'CLOCK.

The Cotton Market at Livf:rpoul yest,irday wus less
active, the sales being estimated at 6,000 bales. Prices
were fully maintained.—Railway Shares continued dull
and declining. The market cliised very flit.
The return of the 13a:,it of Englait.cl's monetary trans-
actions last week ex:lit:its material changes in conse-
quence of the quazterly payments on Government ac-
count. The public deposits sustained a diminution of
nearly one-half, and the private balances were increased
to a larger amount even than customary; a very con-
vincing proof, in conjunction with the extensive repay-
meet of loans made upon securities, while the transter
books were closed,';',of the abundant means at the disposal
of traders and capitalists, and the limited opening for
their profitable employment. The circulation was in-
creased as a matter of course, but only to the extent of
the balance between the withdrawals and the deposits.
Compared with the previous return, the changes during
the week to the 13da inst. are as follows:

DONEGAL, JULY 17.—The Ben Brace brig, which put
icto ll„ti,/njam, prEvious to Gth lost., left Larne Lough
in compeny with a smack hound from Ltvirpoul to ttis
port, and on the same day experienced a heavy squill,
after which the smack disappeared, and is suppuzed to
have fouuder?d.

EAIIAM, JULY 15 —A quantity of wreck, some dick
deals, a bundle w papers, and a quantity of wood w re
rait cd to-day at Flambro' Head, bearing W.S.W., eight
wile Y.

ANTIGUA, JUNE 28.—The Wall)ler, Liverpool to New
Orleans, put into English Harbour 2Sth June leaky, rod
with part of cargo thrown overboard, and will proced
to St. Thomas's to repair.
ST. THOMAS'S, JUNE 29.—The Hotspur drifted from
her moorings during a southerly breeze, got on shore in
the harbour, and was found to be leaky, but has k ince
11- paired.
LONDONDERRY, JULY Zodiacus, Hohn,
St. John's, P.R.
BELFAST, JULY 18.—Wind N.N.E.--Arrd. Chieftain,
Coster, Mitarnichi. Sld. Janie,' Hunt, Berbiee.

Notes Issued 30,044 065
Decrease ... 108,450
Rest 3,149.011
Increase 59 095
Public Deposits ... ... 5 C 90.507
Decrease 4,474,006
Other Dcpesits ... 11,263.012
Incrgase ... 1.989 994
Seven Day and other Bills 1,331,619
Increase 81,270
Government securities ... 14,294,583
ci ease ... 80,325

HIELDS, JULY 19.—Wind N.E.—Arrd. Thomas and
Robert, Chipelase, lliramichi. Sid. liempsylte, Cal-
cutta; Kestrel, Ceylon.
l'LrziouTia, JULY 19.—Wind variable.—Sid. Sper-
maceti and Queen Victoria, Quebec.
FALMOUTH, JULY I9.—Wind N.N.W.—Arrd. Em-
manuel 13outeher, Farmer, Bodo.
WATERFORD, JULY 17.—Wind S. to S.W. atd N.N.E.
—Arrd. Margaret, Pue, Trinidad.
QUEENSTOWN, JULY 18.—Wind N.N.W.—SId.
Mer-
gurtt, Monte Video.

Other Securities ... ... .. 10,522,279
Decrease .., ... ... 1,421 561
Notes ••• ••• ... ... 9.770 045
Decrease .., ~. ~. 925,910
Bullion „,.
••• .. ... 16,844,307
Decrette ... ... ... 24,301
Active Circulation ... ... 20,274,020
Increase ... ..,, ... 817,460

SIDNEY. NEW SOUTH WALES, APRIL 13.—The Eagle
schooner, Auckland, to 'San Francisco, snuck upon a
reef off Capo Colville
.19th ult., backed di and sank;
crew saved.

NASSAU, N. P., JUNE 28.—The Roseway, Halifax
to Jamaica, was totally wrecked 2d of June on the
north-west point of Magna; greater part of the cargo
saved and brought here by the captain.
MAURITIUS, MAY 2 o. Th e Wanderer, hence to
Cape of Good Hope, was totally dismasted in a
squall off this island on the 27th April, and put back
here on the 28th. The Indian, ( f Jersey, London to
Bombay, was wrecked on a reef on the 4th April,
chief mate, four seamen, and two passengers saved; six
men drowned. The master, second-mate, steward, and
five seamen missing, having lett the ship in the gig, and
not since been heard of.

The amount of business done in Bills of Exchange
yesterday was about an average compared with that
which has recently been transacted. Paris paper at 90
days was taken at 25 62i to 67k, Amsterdam at 12 2i to
3, flamburgh at 13 1 1 to 12, and Trieste at 12 to 12 2.
The letters and papers by the Royal Mail steamer
Thames were delivered late yesterday afternoon. Ge-
nerally the weather had been more favourable for the
crops. The necessity of developing the untried resources
of the different colonies was continually, and very pro-
perly, dwelt on. In Trinidad the great bitumen lake
was sought to be made available, and, it is, said, would
furnish an excellent supply of gas to New York and
other towns.

MANILLA, MAY 14.—The Vernon, hence to New
York, put back on the 11th instant, with loss cf bow-
sprit, foretopmast, &c.

There was still some excitement about the gold mines
stated to huve been discovered in Angostura, and five
or six gentlemen had proceeded from Trinidad for the
purpose of obtaining more accur..te information, prior to
a conriderable number of the noloni.ts trying their for-
tune in that direction.

MARKET NEWS.-(THIS DAY.)
_ _ COVENT-GARDEN.

Our market to-day was very extensively supplied with
both Fruit and Vegetables, in which a large business was
doing at last week's prices.
English Fruits—Strawberries, per pottle, 2d to 4d; Pine
Apples, per lb, 5s to 7s; Hot-house Grapes, ditto. 2s Od to
3s 6d ' • Peaches, per dozen, lOs to 18s ; Nectarines, ditto, lOs to
18s; Melons, each, 3s 6d to ss; Figs, per dozen, 3s to ss;
Green Gooseberries, per bushel, 3s to 4s • Currants, per half
sieve, 'is 6d to 3s; Raspberries, per pottle, 2d to 6d ; Cher-
ries, per half sieve, 5s to 7s; Fine British Queen Strawber-
ries, per dozen punnets, 8s to 10s; Muscat of Alexandria,
Grapes, per lb, 5s to 9s.
Foreign Fruits—West India Pine Apples, each, 2s to 7s
Cd; Apricots, ripe, per dozen, Gs to 8s; Cherries, per Ib, lid
to 2d; Lemons, per 100, 5s to Ils ; Almonds, per peck, 53
to Cs; Spanish Nuts, ditto, 4s to ss; Spanish Chestnuts, 3s
to Gs; Brazil ditto, 3s to 4s; Barcelona, ditto, 5s to Cs.
English Vegetables— Cucumbers, per brace, 9d to Is 3d ;
Cauliflowers, per dozen, is 3d to 2s 6d ; Horseradish, per
bundle, 2s to ss; Parsley, per dozen bunches, 4d to 6d;
Early York Cabbages, per dozen, 4d to 8d ; Red Cabbages,
ditto, Is Cd to 2s; Mushrooms, per pottle, Is 9d to 2s ;
Small Salad, dozen punnets, 2s to 2s 6d; Large, dozen
bunches, le to is 3d; 'Globe Artichokes, per dozen, 2s to
2s 6d; Asparagus, per 100, Is to 3s; French Beans, per 100,
8d to Is; Cabbage Lettuces, per score, 3d to 4d ; White Cos
ditto, per score, 9d to ls ; Mint, per dozen bunches, 9d to Is;
Peas, per bushel, is 3d to 2s 6d ; ditto shelled, per quart, 4d to
6d ; Turnips, per dozen bunches, 4s to 6s; Carrots, ditto, 3s
to 4s; Tuinip Radishes, per dozen hands, 3d to 4d; Early
Framed Potates, per ib, 3d to 4d; Cornwall new ditto, per
dozen lbs, Is to is Cd.
Foreign Vegetables—French Carrots, per bunch, 3d to 4,1;
French Bean, per 100, 3d to 4d ; Cucumbers, each, 3d to 4d ;
Dutch Melons, is Gd to 1s 6d.

From Hayti there are advices of June 16. They con-
tain nothing of a warlike character. and quiet prevailed
throughout the island. The expedition of the Haytians
against the Dominicans, which has been so long in pre-
paration, has been delayed or postponed, and it is re-
ported that thf: Emperor has recently Eiffel:red the arts
of diplomacy fur a settlement of the contentions which
have so long distracted the island, but his laudable efforts
at negotiation have proved as unsuccessful as his former
warlike expeditions. He selected the French Consul at
Port-au-Prince for his agent in the business, and dis-
patched him to the Dominicans, with a proposal that be
would assume the payment of all their debts, if they
would consent to give up the contest, and resign all go-
vernment to the Ilaytians, or what would amount to the
same thing, thus forming one nation. The Emperor
considered this a very liberal proposition, but it was in-
dignantly rejected, and his agent returned.
The exports of the precious metals from London in
the week to Thursday last were as follow:-213,000
ounces of silver, and 840 ounces of gold.
The Stock Market is rather heavy and inactive, The
range this morning, taking the highest and lowest
values, has been in Consuls from 963-7, to 96i for Trani:-
for. and from 961 to 96i for Account. New Three-arid-
a-Quarter per Cents. 9S to 99, and Reduced Three
per Cents. 971 to 97i. Bank Stock has been 211 to
212. Exchequer-bills have realised 675. to 70s. pre-
mium, and East India Bonds 89s. to 91s. premium.
East India Stock has been done at 270.

Speculation in the Fortign Market has not been ac-
tive. Spanish Three per Cent. Bonds have ruled at
37i to 37i. Portuguese Four per Cents. have been
about 33} w 341, and Mexican Stock has realised 30 to
29i. Dutch Four per Cents., have been 881 to 89-1-.
Brazilian Old Bonds hay e been 92. Belgian Four-and-
i•Ralf per Cents. 92, and Russian Four-and-a-Half per
Cents. 96t.
Railway Shares are dull.
QUARTER TO THREE.
Consols ... ...
Ditto Account ... ... 961

ONE CLOSING
PRICES OF BRITISH FUNDS O'CLOCK. PRICES.
;.ank Stook ..... 21214 211 212 212
3 per Cent. Reduced Arms ...... 971/2 t‘ 97th
3 per Cent. Consols A nnuitiea ..... 96% 5/4 96%
gew 34 per Cent. Anna— ............ 99 98% 983/4
India Stock
India 1i0nd5.1,17601...
Ditto under 1,000 .......... .....

Consols for Account .. ... ... 3o Ys 3/4 963%1
xcheqUer Dills. i 4 ii. SE 2d
1.00(11. June 67 70 p 70 p
SOU June
Soull. June 67 70 p . 70 p

ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES.
fsimas 92 92 _ .

Equador Bonds
atisican, 5 prr Cont. 1846, with Coupons—
Ditto, Ex Jan. Coupons .._ —
Ditto, Account 3O 29% 29/8
Peruvian Bonds, 41/2 per Cent —
Ditto, Account
Ditto, Deferred .. 3514 35 85
Portuguese 6 per Cants.
nussian Bonds
- ..
Ditto, 41,! per Cent
Sprtninn riper Cent. 1840 —
Ditto. 3 per Cent
Dlinnends on the above payable in London-
Beligan, 4% per Cent ........
imteli 2k4 per Cent., 12 Guild.
Ditto, 4 oer Cent. Certifieater 83% E 9 88:4
PRICES CF BUSINESS DONE CLOSIN -
RAILWAY &HAI:Es. PAID.
AT ONE O'CLOCK. PRICE,
Briatol and Exeter 100 ...... ... 64
Caledonian
Do. New 10/. Pref..... 10
astern Counties........ 20 ••• . 63/4 % 6%
East Lancashire ...... ... 25 •••
East Lincolnshire, guar.
6 per Cent.
.;rest Northern
Great Western 100 ..... 56;414 • 55%
Lancashire & Yorkshire 100
Do. Fifth 5........... .. 111;4 — ..... ...... „.. 13/4
London &81ackwa11.....11/. 6a. 3d 4!.4
London, Brighton, and
South Coast... .....100
].onion and N. Western 100 ......1083/4.
London &S.Western .AOO ...... 55 544%
1)n. New 401. R 4 -- ........ 154
Midland ..•
Do.. 50/. Sharen
Norfolk ........- ........... 100
Do. Ext. Guar. sp. ct. 20
Do. Guaranteed 5% pc. 5
............. .. 41/4
North Briti,ii ........ ... 25
North Staffordshire ... 171
Reading, Guildford, and

Reigate lB .....
Shrewsbury and Birm... 13 IA ......
South Devon — dam. .......... 914 dis
Do. Preference
goutb Fn.t•rn
Do.. Registered No. 4 10 ... ••.».••
Wilts, Somerset, & Wey-
mouth ........ ••••••—• 50
cork, Ntwcas'.le, and

Berwick. .... ....... 25 l3
...... 13 7fi
Do. Newcastle Extcn. 20
York and North Ali land 50

DIR. R. COLDER AND HIS CON-

STITUENTS.

LEEDS, FRIDAY AFTERNOON. DiSS:fttixfaCtiOn
Laving been expressed by many of the Went Riding
constituents of Mr. Cobden at his speaking and voting
against Ministers upon the motion of Mr. Roebuck
in respect to their foreign policy, the Hon. Member
has addressed a letter to the electors, explaining
his reasons for the vote he gave. The letter is as
ful.ows

London, July 17.

Dear Sir,—l received your letter dated June 26th,
and signed by 10 electors of the West Riding, tequesting
me to vote in favour of Mr. Roebuck's motion. Aly reply
was purposely delayed until the political atmosphere had
cleared itself frem the storms with which it was at that
time disturbed, in order that I might ensure a calm
and unimpassioned reception to my answer. I regrw,
that a sears of duty to my constituents and my own
conscientious convictions compelled rue to oppose
your wishes, and to separate myself for the moment
from nearly all those political friends with whom
I usually act; I say a sense of duty to my con-
51i:tieu,s' because I believed that I had their hearty
saectioll for the views I entertained respecting the foreign
Folio, of the country—views which I fully xplained at
the Wakefield and other important meetings. At the
of ening of the present session I felt myself sustained
at:(1 encouraged by the conviction that the largest and
most powerful constituency of the kingdom was favour-
able to the substitution of a more humane and confiding
system for that spirit of antagonism and defiance which
had hitherto charaet:•rised the intercourse of nation;.
The cheers with which the great delegate meeting at
Wakefield pledged itself and pledged me to a continued
advocacy of international arbitration and a mutual reduc-
tion of armaments were still fresh in my memory, when
the news arrived that a fleet of 15 British ships of ear
w, re blockading the coast of Greece, followed by the in-
telligence of the refusal, by our Government, of the
French offer of arbitration, and the tidings of the diplo-
matic protests which hed been; made against our conduct
by the representatives of nearly every part of Europe.
From the moment that it wes known that fitteen chips
of war were assembled in the Bay of Salamis to enforce
upon the Greek Government a disputed claim of a few
thousand pounds, I became anxious to have the oppor-
tunity of renewing my motion in favour of arbitration
t: esti( s, and of bringing forward that case as a power-
ful illustration in support of my argument. In conver-
sation with my friend Mr. Bright, I repeatedly expressed
my intention to make the Greek affair my main argu-
ment, and thus give practical direction to the debate.
From Easter till Midsummer I scarcely missed one op-
portunity of ballotting for a day to bring on my motion,
but with such an uniformity ( f dl-luck as at last to draw
sympathizing smiles from the Speaker and the Clerk at
the table.

In the meantime Lord Stanley gave notice of a motion
condemnatory of the conduct of the Government in the
affair of Greece. No sooner was the decision of the
Lords known than it was felt that the existence of the
Government depended upon their verdict being reversed
by the Commons.
And now appeared the cloven foot of party in its most
hideous deformity. To insure the desired result the cry
was raised that the Greek motion was part and parcel
of a " foreign conspiracy." A large party in the Lords,
with Lords Stanley and Aberdeen at their head, were
charged with forming part of a gang of conspirators,
whose confederates w ere sprtai over Russia, France,
and Austria. Now that we can look back calmly at this
party device, we must admire the audacity of its in-
ventor. I confess that the success of the cry astonished
me. In the first French revolution it required torrents
of the bast blood of the country to be shed on the scaf-
fold to lay the ghost of a " foreign conspiracy." In our
own history of the disgraceful latter halt of the 17th
century we find plots without number attributed
by their inventors to the agency of foreign con-
spirators. But they were epochs when free in-
stitutions were in their infancy. I thought we
had reached a political maturity which would have
enabled us to look steadily at such raw-head-
and-bloody-bones, and detect the scooped turnip
and white sheet out of which they were ma-
nufactured. But the plot succeeded, and it
was in the midst of the excitement caused by
the cry of a fireign conspiracy, by threats of disso-
lution, and of the resignation of the Ministry, that Mr.
Roebuck's motion was brought forward. This resolu-
tion called on the House nut only to approve the pro-
ceedings of our Government in Greece, but to express
iti approbation of their foreign policy generally. The
main object of his motion, be it always re►nembe:ed, was
to reverse the vote of the House of Lords, and I was thus
practically called on to approve the refusal of French ar-
bitration, and the employment of 15 ships of war in the
bay of Salamis, for the collection of a debt of a few
thousand pounds.

And now comes the question, W3S I justified in adher-
ing to my principles after they had been made the battle
ground for the Tory opposition? Admitting, for the
sake of argument, that Lord Stanley waif merely follow-
ing the tactics of an Opposition leader—that he was
seeking for a favourable position from which to assail
the party in power—tl. at having observed the great meet-
ings which we had held in Yorkshire and Lancashire in
favour of an improved and more civilized mode of set-
tling international disputes—that having seen how I was
pledged at the greet delegate meeting at Wakefield
to renew my advocacy of arbitration treaties—that
believing the advocates of a reduction of armaments and
of financial reform to be in earnest—and seeing that the
conduct of the Government in Greece was violating our
j principle of arbitration and thwarting our projects for a
reduction of armament, ;—that, seeing all this, Lord
Stanley, looking around for popular suppor', determined
t.) make the Greek affair the battle ground of party. I
will admit, fey the sake of argument, that he had no
high( r motives f,r his motion than to carry a vote, with
nor aid, in condemnation t f the procet dings of the Go-
vernment in Greece; and after admitting all this, the
question remains, ought I to have adhered to my grin-
ciph-s under such circumstances? lam told that there
are sorre of my friends in Yorkstire and Lancashire who
thii,k I ought not to hare walked into the sarcy.i lobby
with the Toriet. They c,:nriot have been members of
the League who say so. Would the corn-laws hate
ever been abolished if we had not had men in our front
ranks aho w. re re ooh' against the old war-cry of Whig
and Tory ? Such a doctrine may suit cliques and clubs,
but what would the great public say to it? _

Try one of your large meetings with a resolution
affirming that your representative ought to abandon his
principles rather than endanger the Government by
voting with the Tories, and one indignant '• No" will be
the response.

Looking calmly back at the course I took on Mr.
R:ebuck's motion, I can conscientiously say that I never
gave a vote upon which I could reflect with more un-
alio ed satisfaction.

My political friends who took a different course may
bave been at liberty to do so because they Lave not
taken a prominent part in the advocacy of the principles
involved, cr they may not have felt as I did the import-
ance cf the question.

But with all my speeches and writings upon record, I
should have beet' a hypocrite and something worse if I
had not recorded my vote in opposition to Mr. Roebuck's
motior.

It is not my intention to enter upon the discussion of
the great question of our foreign policy involved in the
late debate. A few words must suffice until we have
other and better opportunities of renewing the topic.
Without egotism, I may perhaps say that feW English-
men have had better opportunities of learning the effect
of our foreign policy upon other countries than myself.
I travelled throughout Europe under the rare circum-
stances of having free access, at the same time, to the
Courts and Ministers and to the popular leaders of the
Continental states. I came back convinced that the in-
terference of our Foreign-office in the domestic affairs of
other countries worked injuriously for the interests of
those towards whom all my sympathies were attracted—
I mean the people—by exciting exaggerated hopes, en-
couraging premature efforts, and teaching reliance upon
extraneous aid, when they ought to be impressed with
the necessity of self-dependence. I found, too, that the
principle of intervention, which we sanctioned by our
example, was carried out by other Governments in op-
position to ours, without scruple, and with at least equal
succe3s to ourselves.

But it is not merely to the interests of foreigners that
we should look, even if successful. I should doubt the
justice of burdening our people with the expense (for
the system is an expensive one) of undertaking, through
our Government, to icfluence the doctrines of other na-
tions. The more I have seen of foreign countries the
less do I partake of the comfortable delusion that we
are placed at such an immeasurable height above all
other races, creeds, and laugulges, that their progress
and liberties depend entirely upon our fostering cure
and assistance. It is gratifying to our self love to be
told that 36,000,000 Frenchmen, 40,000,000 Germans,
60,000,000 Prussians, and 20,000,000 Italians look to
us for assistance to emaucipate them from tyranny,
and that without our countenance they must re-
main for ever in their present state of degradation.
I am sorry to say it, but the mass of our la-
bouring population, if we include in the average the
Irish paupers and our rural peasantry, have very little
reason to boast of their condition as compared with the
mass of the people on the continent. I am, therefore,
for keeping the auention of the Government directed to
home questions, and for testing their merits by their
home policy. lam opposed to the principle of making ,
them in any way responsible for the good goverement
of foreigners; and upon the same principle I will never
consent to make the proffered liberality of their foreign li
policy the ground of popular support in this country.
And whilst I would thus limit the functions of Govern-
ment to its proper duties and responsibilities, I yield to
no one iu the wsruith or width of my sympathies, as an
individual, for the progress of human liberty and happi-
ness throughout the n hole world. Apologising for the
length or this letter, I remains dear sir, your obedient
serbeatt, RICHARD COBDEN.
C. 'lira and etherg.

We hear hat Louis Pnilinoe and the members of
the ex-1:n1 al Family of Prance are about to leave St. Leo-
n Ard's.—Briyhron Gazette.
Iler Majesty, with a keen appreciation of the ge-
nius of Sir Robert l'eel, and with a noble expression of regret
for his loss, has addressed one of the kindest aw:ograph let •
tern to Lady Peel.
ROYAL BANN. or AIISTRALIA.—Yesterday the
question of lien of certain woolbrokers, involving a claim of
90,01,;0/. against consignment. of this bank, came on for de-
cilion, and the Master in. Chancery, Richards, after hearing
coun el, directed that the net pruceeds of present consign-
ments, and all future consignments, should be handed over
to the official manager for the benefit of the estate, and that
no lien existed. The money will form available assets to the
general credit of the concern.

A POTHECARIES' HALL—The following gentlemen
passed their examination in the science and practice ot medi-
cine, and received certificates to practise, on Thursday:—
1 James Edward Tuxford, Boston, Lincolnshire; Joseph Bray
l Gilbertson, Preston, Lancashire.