The Sun.
London, England, 1850-04-26 00:00:00

AUSTRALIAN COLONIES BILL.

Mr. ROEBUCK gave notice that on bringing up of
the report of this Bill he should move to extend the
principles of the Australian constitution, so as to enable
the colonies of British North America to establish a
federative Assembly.
ADJOURNMENT OF THE HOUSE.

Mr. HAY TER moved that the House on its rising do
adjourn until Monday next.
WOODS AND FORESTS.

Lord DUNCAN said, as it appeared from what trans-
pired last night in the House, the sooner they had a re-
sponsible Minister for the Board of Works the better;
he would ask the Noble Lord at the head of tho Go-
vernment, whether it was his intention to proceed with
the Woods and Forests Bill on Monday eat, the day
on which it stood on the orders of the House?

Lord J. RUSSELL was understood to say he could
not promise whether the Bill would be brought on on
that day.
COLONIAL ASSURANCE COMPANY.

An HON. MEMBER directed the attention of the Go-
vernment to a Bill now before the House for incorpo-
rating a Colonial Assurance Company, which he hoped
the Government would look into with the view of seeing
whether it would interfere with the provisions of the
Australian Colonies Bill.
OXFORD AND CAMBRIDGE UNIVERSITIES.
Lord J. RUSSELL rose to explain a statement
which he (Lord J. Russell) had made to the House
respecting the lectures given by the professors of modern
history at Oxford and Cambridge, but was very indis-
tinctly heard. He was understood to say that he was
wrong in supposing that Sir James Stephen, the professor
at Cambridge, %as restricted to giving one lecture a
week. It appeared, however, from his own statement,
that he could not give more than 25 lectures to
the students, which on the average would be one a week
for the academical year.

Mr. GOULBURN observed that what he said the
other evening in the House was that some professors
gave three lectures a week, but that they were not com-
pelled to give more than one.
KING'S-ROAD, CHELSEA.

Sir J. PAKINGTON gave notice, that on going into
Committee of ;Supply, he should put a question to the
Hon. and Learned Attorney-General on the subject of
the King's road, Chelsea.
DISTRESSED UNIONS ADVANCES AND RE-
PAYMENTS OF ADVANCES (IRELAND) BILL.
On the question for going into Committee on the Bill,
Col. SIIsTHORP rose to move that the Bill be com-
mitted this day six months. If he thought the grant would
benefit Ireland, he would not object to it, nor would he
refuse to support any measure that was calculated to
improve the condition of that part of the country; but
the fact was, this grant was proposed for nothing more
nor less than to cover the delinquencies and the mis-
government of Ministers in the sister kingdom.—(A
laugh.) When he was at school he was taught to
believe that two and two made four—(A laugh)—and
that two taken from four left two remaining—(A laugh)
—but the returns which had been laid upon the table on
the subject of these advances to Ireland did not appear
to go upon that rule.—(A laugh.) The amount of loans
and grants made during the past ten years—
the return did not refer to what hal
been lent before—amounted to no less than 1,227,402/.
13s. 2d., the loans to 8,751,225/. 17s. Bd., of which
322,1371. Is. 4d. had been repaid, leaving 5,519,804/.
16s. 4J.—an awful sum—still due, and yet in the face of
this it was proposed to advance an additional
300,0001. Now before this grant was agreed to
the House and the public had a right to know
what chance there was of getting it back. He
had lent money himself, and in some instances
he never got it back again.—(A laugh.) He was now,
however, not such a fool; he never lent money now
without good security, while he took good care to let
the man have no inure who had never paid him back
again.—(A laugh.) Now that was precisely the rule
they ought to go upon here. The question was, bow
was the money to be collected and from whom was it
to be collected.

Mr. HERBERT said when statements were made and
assertions hazarded in that House so totally at variance
with the facts, he thought it the duty of some Irish Mem-
ber to take the first opportunity of making a few obser-
vations on Irish loans and finances. The Chancellor of the
Exchequer had expressed a certain amount of impa-
tience at Hon. Members entering into the whole question
of Ireland, when particular measures were brought be-
fore the House, and to a certain extent he agreed with
him, but when unfounded statements were made by
persons who were unacquainted with the social condition
of that country. he though it right that they should be
contradicted. It had been asserted loudly that an Irish
loan was the same as an Irish grant. But what was the
naturo of an Irish loan? He held in his hand a return
which had been moved for by the Hon. Member for
Glasgow (Mr. Macgregor), and which showed in a very
distinct and comprehensive manner the financial posi-
tion as regarded thiscountry. It appeared from that docu-
ment that from the year 1817, when the English and Irish
Exchequers were consolidated to 1846, the total loans
advanced to Ireland amounted to 11,326,596/.; and of
that sum as much as 8,483,000/. had been repaid. He
would not discuss the policy of those loane,
but there could be no doubt that they would
be of great advantage to this country. He
left out the loans during the last three years of the
famine, because they stood on a different principle, and
he should have a few remarks to make about them by
and by. He was quite ready to admit that many of
these loans had been devoted to speculations which had
not succeeded, but still he felt be should be able to con-
vince the House of the injustice of the chargethat an Irish
loan was no better than an Irish grant. Well, then, out
of the 11,320,0001. there was now only 2,843,0001. unpaid,
and part of even that balance was not yet due. And,
notwithstanding the unparalleled misfortune of the
country, she had actually repaid advances during the
very period of the famine. In 1846 she repaid 370,0001;
in 1847, 514,0001.; and in 184'8, 357,0001.; making a
total of 1,241,0001. repaid during the continuance of the
famine. Sir John Burgoyne stated in his evidence that
the Government had gained considerable sums of money
by those loans to Ireland.—(Hear, hear.) It might be
said that was an Irish statement, but it was true.
That gentleman had conclusively proved that the net
profit to the Government on those . transactions with
Ireland was no less a sum than 69,9861. Besides
a great part of those loans were not yet due
and therefore no complaint could reasonably be made
about the non-payment of that part of them. The
loans, too, were made on a totally different prin-
ciple from any other. They were forced on
Ireland in spite of the remonstrances of every man
of sense in the country, and they bad been spent
with the greatest prodigality in the first instance.
It had been stated that England had been taxed to sup-
port the Irish poor, a statement which had been cheered
in that House ; why the English Exchequer was quite
as much Irish as English since the framing of that Union
which, it must be remembered, was an union not sought
for by Ireland, but obtained by England at the expense
of much bribery and corruption. Having united the two
Exchequers, the English Legislature had no right to turn
round and talk of an Irish loan from an English Exchequer.
He thought there was no foundation for the aspersion of
an Irish loam being thrown in the teeth of Irish Mem-
bers. There was only one other thing which he could
wish to mention, and that was that some persons had
declared that some districts were in too far distressed a
condition ever to repay the advances which were
to be made, and he appealed to the House whether
it would be deterred by a consideration like
this, when they had just voted 1,000,0001.
for the support of a scheme the good effects of which
had never yet been manifest, from sanctioning this paltry
loan to a country which it bad always from the first
treated with injustice.
Mr. FRENCH thought that the Hon. and Gallant
Member had not shown that he had any intimate know-
ledge of the present Bill.
(LEFT SPEARING.)

IVIARKET INTELLIGENCE.

(From the London IVeto Price Current, April 26.)

BritishchaSstjeGdA:vti—thTcoa-udtaiyonfo
rather lower rates were acceded to, making the
r
the 1 npdaina Saungda r s wase p7uanrld-1
since last Friday 6d per cwt. At auction 6 hbds 26
trcs 96 brls Barbadots went at a similar reduction; low
to good yel at 36s to 40s, and ord brown 33s to 33s 6d
per cwt. To-day 520 were sold, making for the week
1,890 hhds, Ste.
REFINED.—To-day Refined Sugar was purchased with
caution for all purposes, and the rates accepted are 48s
f.)r brown, and 48a 6d to 50s for fair to good grocery
Lumps. Crushed Sugar is dull of sale, at former. rates.
MArturrins.—This afternoon former rates were barely
supported at a public sale of 850 bags, which went at
from 34s to 37s for low to good yellow, and at 33s for
fine brown.
EAST INDIA.—This afternoon Bengal Sugar was dealt
in with caution, and of 2,795 bags at public salo not
above half sold at barely former terms: ord and good
white Rennes went at 36s to 38s 6d, good and fine
strong white 42s 6d to 44s 6d. Of Madras 973 bags
writ at 30s to 32s for low and fair damp yellow, and
at 27s to 29s for ord to fine brown.

FORFIGN.—TL—day there was no imp: orov ement in the
export.s
demand for Foreign Sugar fur home use
public sale 259 hhds 95 brls Porto Rico old
rather
cheaper; good mid to good yellow at 38s 6d to 403, and
low to mid 35s GLI to 38s per cwt. The private sales for
the week are only 1,000 chests brown Havannah, duty
paid, at 36s 6d, a cargo of brown Bahia in bond 183, and
one of white Paraiba 24s 6d.
*.MOLASSES.—The amount of business concluded in
Mat India has been small; prices are also on the de-
cline, and ruled at from 13s 6d to 17s for low to fine
quality. East India met with little attention, and can
be obtained at a reduction, the value is 12s. to 13s. A
fall in the price of Honey is apparent. At public sale
100 puns of Cuba Molasses were taken in at 15s 6d
per cwt.
Corem—To• day the market was in a quiet position
for Coffee; there, was no public sale, and the amount of
business concluded by private treaty was small for all
purposes. There were sellers of good ord Native Ceylon
at 46$ per cwt.

Cocoa.—There has been no public sale of West India
this week. Few purchases have been made by private
treaty, and prices continues to give way. Trinidad red
selling at 38s to 445, and Grenada red 34s to 38s per
cwt. Few sales have been made in Foreign by private
treaty, and at auction 408 bags fine red Bahia were taken
in.at 30s per cwt.

TEA.—A much better demand has been experienced
for common Congou this week from shippers and home
dialers, whilst rather higher rates have been obtained ; the
latest prices have been at Sid to 91d per lb. other sorts met
with more attention for the latter purpose; at present,
however, there is no rise in the value—Medium selling
at 10d to la lid, and better kinds is 2d to is 8d per lb.
In Scented Orange Pekoe a good deal has been done at
Is 2d to is 4d, an sales to a fair extent have been made
in Scented Caper at is to is 4d per lb. Good and fine
Green Tea sells more freely at last week's terms. For
ordinary and middling rather lower rates having been
acceded to caused the trade to operate with more freedom.

Rics.—There are free sellers of East India at the
reduced rates of last week, still only moderate pur-
chases have been made, and almost exclusively for ex-
portation. The private operations aro 5,000 bags—
white Bengal at from 8s to 9s 6d, Madras Bs,
and pearl barley 7s 6d to 8s per cwt. At auction
3,900 bags and 692 pkts Bengal were nearly all
taken in at 9s to 10s for middling to fine white. A few
lots of ordinary sold at 8s per cwt. In the market for
Cleaned Rica much dulness exists, with free sellers of
low to fine Patna at from Ils to 20s, and broken 103 to
108 6d, town dressed Carolina 20s to 265, and American
18s 6d to 19s per cwt. To-day at public sale 963 bags
Bombay went at easy rates—mid small white at 8s to
8s 6d, and damaged at 5s to 8s per cwt.
SAG3.—There are few buyers of Pearl, and prices
are on the decline. At auction 108 cases were sold at
208 6d to 22s fur mid and good small white. Sago Flour
dull of sale at 21s to 225, but Farina sells more freely
at 158 to 168. Of Tapioca 120 packages at auc-
tion were taken in at 6d for fine white Rio,
and Para low to middling 2id to 3id per
lb. Arrowroot is cheaper, and in la-go supply. At
auction 1,000 tins and 260 pkgs were mostly sold. St.
Vincents from shd to 10d, damaged 4d to 7d, Jamaica
sound Sid to 10d, Bstrbadoes 2id to 4d, St Kitts 4d, Ber-
muda is to is to is 2d ; 40 bags Manna Croup taken in
at 358 per cwt.

SPICES.—The market for Jamaica Ginger has a quiet
appearance, and former rates are not to be obtained. Of
East India supplies are getting larger. At auction a
small part only of 1,875 bags Bengal sold at 17s 6d
to 18s for raid and good rough dark, and at 13s 6d to
15s for damaged. Cf African 20 brls and 368 bags da-
maged went at the reduced terms of 21s to 325. and at
44s 6d to 37* for good bold, whilst 110 bags Malabar
were taken in at 25s for small rough, and 300 cases
China preserved at 10d per lb. Pimento—Of 1,200 bags
at public sale not half sold at 41-d to 51d for low to good.
For Black Pepper privately on►y limited sales have been
made for all purposes. Of 890 bags Malabay at auction a
small part sold at 31- to 3id for good clean. The value
of Sumatra is from 3d to 314. White is not much
wanted, and rather lower terms are taken; 100 bags at
public sale were only in part sold at 51d to sisl for mid
and good mid. Cassia Lignea is not offered at any
further decline, but there are few buyers, and a
small part only of 800 chests at public sale sold, pile
one at 85s, ditto two and three 76s to 795, and out
of condition 68s to 755. For Cloves rather lower
rates are taken, and few buyers are to be found. Of
200 packages at auction a small part only sold, Am-
boyna at 11d, and Bourbon sid to 7/d. Nutmegs have
been in fair demand at the former value, and 27 packages
were sold at 2s 6d to 2s 9d for mid to good mid brown.
For Mace prides are rather lower, and at auction three
cases were sold at is 10d to 2s 6d for low to good. For
Cinnamon the market is dull, and the public sales de-
clared comprise 1,800 packages Ceylon.
SPlRlTS.—Leeward Island Rum is not offered at any
further reduction, yet operations have been to a limited
extent only at is 3id to Is 4d proof. East India cannot
be obtained under Is 3d proof; few buyers are, how-
ever, to be met with. There has been little passing in
Demerara, and sellers are willing to accept 2s to 2s 4d
per gallon for 30 to 40 per cent. over proof.
for Jamaica Rum much dulness exists for inferior and
middling kinds, whilst prices continue to decline.
Former terms are required for good and fine, yet shippers
and home dealers make purchases with caution. The
value of 20 to 29 per cent over proof is 2s 2d to 2s 7d,
30 to 38 over 2s 8d to 3s 3d, and superior 3s 4d to 4s 2d.
There is still a smaller stock than last year, and delive-
ries are much glarger, although iprices are as low as at
that time. Only limited orders have been executed for
Brandy. The rates accepted for Cognac teat brands of
the vintage of 1849 are 4s 3d to 4s 5d ; 1848 ditto 4s 5d
to 4s 7d. 1847 ditto 5s to 5s 2d ; and inferior sorts 2s
7d to 4s 3d per gallon. For Geneva the market is dull at
Is 7d for ord, and at 2s 3d to 3s 3d for fine. The
value of British made Spirit is fis 5d to 9s 6d proof, and
Gin 7s 10d to 8s 4d for 17 to 22 per cent under proof.
To-day the sales of Rum were 100 puns of Demerara at
2s 2d for 32 to 35 per cent. over proof, and 50 puns
Jamaica at 2s 9d to 3s for 33 to 35 per cent over proof.
SALTPETRW.—To-day the market was in a dull state,
and at public sale 1,253 bags Calcutta were all taken in
at 25s for ord 10 to 10: per cent refraction, good ditto
26s 6d, and fine 2: per cent at 27s 6d per cwt.
INDIGO.--"rhe quantity declared for public sale on the
14th May has been increased to 11,125 chests, and fur-
ther parcels will be added shortly. Former rates are
supported for East India of all sorts. For Spanish prices
have fallen Id to 2d per lb, and public sales of 170
aerons Guatemala went at from 2s 4d to 3s 3d per lb.
COCHINEAL.—To-day the public tales of 240 bags
went at about former rates, and mostly sold—Honduras
silver at 3s 6d to 4s 4d—Mexican, mid 3s 7d, black
3s 7d to 3s 10d, and fine 5s 6d per lb.
TALLow.—To-day at public sale 639 pkgs South
American sold at 33s to 36s 6d, and 163 casks of Sydne-y
at 35s to 27s 6d, these are better prices.
OILS —Operations in Rapeterd Oil have been upon a
limited scale only, and rather lower terms are acceded
to, sales of brown having been ma-le at 37s 6d to 38s 6d,
and pale 39s to 40s. Talm met with little attention, and
sellers are willing to accept 30s to 31% fur first sort, as
there will be a better supply at market shortly. For Cocoa
Nut the market is dull ac from 39s to 34s for low to fine.
Pricei continue to decline for Olive, and operations have
been to a limited extent only at from 431 to 461 per tun.
Linseed Oil has been in good demand for home trade pur-
poses, and several export orders have been completed.
Prices are firm, and rule at 32s 3d to 32s 6d per cwt on the
spot. Cud Oil has been only in limited demand, but
sales cannot be made under 341 108 per tun, as the
stock is small. Seal continues to attract little, pale is
offered at 35/ to 361 10s, and other kinds 31/
to 35l The value of low to fine Southern is from 321
to 344 still few orders have been completed. Sperm is
in better supply, but at present there is no variation in
prices. To-day at public sale 90 tuns Sperm Oil sold;
fine 83/to 841, other sorts 741t0 78155; 55 tuna Southern
321 to 331 10s; 83 casks Palm Oil out at 29s to 31s.