The Sun.
London, England, 1844-01-23 00:00:00

appear to be at the present time aroused to the
necessity for some inqui►y into the application of
funds which were left by pious and patriotic be-
nefactors fin. the advancement of religion and
science, and in very many instances for the pro-
secution of these most commendable purposes by
reliciting indigent merit.
The expense of art education at either Cain-
bridge or Oxford has of late years been far too
high to admit of any but those in Com-
paratively easy circumstances sending their
sons to those institutions. But they are
considered as national seminaries. How
can this character rightly accrue to them when
such obstacles exist to their realising the pur-
poses which so comprehensive a titlejuggests?
The lowest annual expense at which a young man
can pass through either of our Universities we
should fix at 1501. This we consider is the
lowest estimate which can be formed for an
undergraduate's expenses. These expenses usually
are much higher. We all know the force of a

that a house in the same line of business as the notorious firm
of CANDY and Co., and nearly as extensive, received notice of
legal proceedings being instituted against theirs, for fraudu-
lent practices upon the revenue, ofa nature nearly similar to those
which have so recently occupied the Courts of Law. The
ease was assigned for hearing in a few days; but, on Thursday
evening last, the delinquent firm shut up their premises, after
having clandestinely sold off all their goods, and collected as
many of their outstanding debts as they could.
We should like to be informed what was the sort of " notice"
which this firm received ? Was it in the first place given or
obtained " clandestinely" (after the manner of doing business
so prevalent, lately, in a certain department of the silk trade),
in order to afford the defendants,--" for a consideration,"--a
few days' preliminary warning of the intentions of Government?
Or was any extent in aid sued out of the Exchequer, and officers
pat in possession ? Was any personal service effected on the
parties ? If so, was bail demanded and accepted,—and to what
extent? Or did the Commissioners of Customs civilly
write, with their compliments, to the parties implicated,
begging to express their regret that from certain disclo-
sures which had lately come to the knowledge of
the Board, the Board had been under the unpleasant necessity
of directing legal process to be served upon the Messrs. —, and
suggesting that, as the Court would be moved in this case on be-
half of the Crown, it would be well for the defendants to be pre-
pared with legal aid and counsel ? Preposterous as the hypo-
thesis suggested by this last question may appear, we protest
that, abstractedly speaking, there is nothing improbable in it,
looking to the dawdling, fencing, irresolute, shilly-shally, pur-
blind conduct of the Board of Customs throughout the whole
history of wholesale plunder of the public revenue which has
been, for years past, realised by acts of chicanery and
fraud effected in that department of the public service
over which it preside, ar►d of which acts, it is the universal
feeling of the nation that it ought long since to have been
cognisant. We have already complained of the disposition
evidenced in the avowed acts of the Board to screen from
punishment those in responsible stations, bet ween whose possible
innocence of collusion and the guilt of whose absolute neglect
of duty, the Commissioners in their Report appear to imagine
that Parliament will be disposed to overlook the main question
of resulting injury to the national income. In the present in-
stance it is believed that " not a farthing will be realised to the
Crown." Yet the delinquents are described to have been not
only a very extensive silk house, but large holders of landed and
house property, and to have realised, each of them, 12,0001.
per annum by their business ! They are understood to have
invested their realised booty in the French funds !
Any case of more monstrous criminality, to say nothing of
the effrontery which winds up their career by a fraudulent sale
of stock and appropriation of outstanding credits, we have never
heard of. Out of the transactions, which could have netted
24,000/. per annum of profit or income to the two partners,
how many thousands of pounds yearly must have been diverted.
by this one house alone, from the fiscal revenue of the country
by schemes of smuggling successfully maintained on so stu-
pendous a scale ?

spirit of emulation upon the actions of men. In
youth the same feeling has influence, and there
is far less discrimination to direct it into proper
channels—a feeling which, if properly fostered,
in after years assumes a liberal and most praise-
worthy bent, directing frequently to the accom-
plishment of purposes highly beneficial to man-
kind, in youth is liable to be perverted to a thou-
sand purposes injurious alike to society and the ir-
dividual. Hence we have young men of high birth,
excellent capacity, and with high-spirited but
misdirected natures, applying all
.their energies
to perfection in tandem driving, pigeon shooting,
jockeyship, and other employments, which, at
least, are inconsistent with the scope of a liberal
and intellectual education,

How much of the tendency to extravagance on
the part of the upper classes of society in this
country is attributable to the habits of profligacy
and fully nurtured under the present system of
.University education ! Is not a cheaper system
of instruction—a system which might develop
the eleemosynary resources of our colleges, and
attract poor but enterprising scholars to their
foundations—cot»patible with a course of study
as efficient:as, if not superior to, the course which
is now adopted ? in the Scotch and German
Universities the eApenscs are, in many instances,
not one-fourth part of what they are at Cam-
bridge and Oxford, and yet these bodies have
furnished their full quota to the stock of learned, .
wise, and pious men.

But this is not all. On Saturday the City was startled by the
further announcement that a " Custom-house agent," whose
legitimate business profits were not less than 5,0001. per an-
num, " had absconded, in consequence of charges connected
with the Custom-house frauds." He had been for many
years engaged in clearing " silk goods at the Costom-house,
for the principal houses at the West-end of the town."
He had long " been suspected by the authorities ;" but
very lately, only, c)uld any tangible evidence against
him be got at. Ite, too, probably, has gone to invest
his money—and his person--in the French capital ! What a
school for easy fortune-making does the Custom-house ma-
nagement seem to have provided for astute rogues—not in
grain, but—silk : for silk seems the fortunate staple of smug-
gling eaterprise now-a-days. The connexion, moreover, be-
tween the gross immorality and profligacy to which the more
magnificent marts of fashion and luxury at the West-end of
the town too fatally pander, with the daring fraud and con-
spiracy of these aspirants after illegitimate and monster profits,
appears to be as intimate as that between the material of the
staple in question and the official competency of the Commis-
sioners. The Custom-house agents and warehousemen must
be as smooth,—the Custom-house officers and tide-waiters as
pliable,—and beyond all question the Board of Customs quite " as
soft"—as silk !

It would be well if sizarships, servitorships,
and bible clerkships were more numerous and
better endowed than they now are. It ought to
be within a young man's power to live on the
emoluments which these situations produce,
instead of being obliged, as is at present the
case, to draw largely upon the already shat-
tered resources 'of the paternal purse for main-
tenance during his college residence. In former
times these endowmentsdid greatgood,by:eliciting
obscure and indigent merit, and by providing a
maintenance for those who, in after-life, occupied
distinguished posts in various departments of
Church and State. In later days like results,
though of a disproportioned extent„ have fol-
lowed. Why should not amendments be intro-
duced whiCh might restore the utility of our
collegiate establishments, infuse into them fresh j

LONDON:
TUESDAY MORNING, JANUARY 23, 1844.

Those of our readers who may happen to be versed
in SuaxseEAßE,—and who is there that is not ?
cannot but remember FALSTAFF'S famous tavern bill,
in which, on Hostess QuicKLy's showing, the quantity
of sack drank by the "fat knight" amounted to eleven
shillings—the quantity of bread eaten, to just one
halfpenny ! Precisely the same proportion which
"plump Jack's" bread bore to his sack the vigour of
the public demonstrations made by the Monopolists
bear to that. which is exhibited by the League.
" Look on this . picture, and on this." In
the one case we have a set of men meet-
ing under the avowed influence of fear and des-
peration, not in large, imposing masses, but in a snug,
small family-party sort of manner, animated by no
better feeling than a scrupulous regard for the interests
of their breeches-pockets; mistaking stolid prejudice
for enlightened conviction, and making abuse do the
duty of argument—in the other case, we have a vast
and hourly-increasing confederacy, united in the
strictest bonds of a common necessity ; impressed
with an earnest and conscientious feeling of the
justice of their cause ; full of energy, resolutiOn, and
activity ; familiar with every point of the great,
question which they discuss, and able to track it
through all its ramifications ; wielding the weapons of
impassioned eloquence and matter-of-fact reasoning
with equal readiness ; and, above all, prompted to inces-
sant exertion by a %veil-grounded confidence in their ul-
timate 'and triumphant success. In the case of the mo-
nopolists, we see—notwithstanding their frequent ex•:
liortations on the subject—subscriptions trickling
forth in a petty, shallow, languid stream ; in the case
of the League, we see them rolling onward in a full,
broad, deep, and rapid channel. The monopolists
remind us of the setting sun, shining after a storms'
day in cloud and gloom ; the League reminds us of
the same luminary rising brilliant and unclouded
in the. East, exhibiting every .promise of a serene
meridian, ',and " rejoicing, like a giant to run its.
course." To descend to the language of plain prose,
the day of monopoly—and Heaven knows it has had
a long enough day !—is fast passing away, and, like
the duration of FAusTrs' life, must henceforth be
reckoned by minutes; that of free-trade, on the con-
trary, is yet to come, and by the brightness of its
dawn we may guess what will be its meridian. '['here
is not a single public meeting held by the League—
no matter whether in an agricultural or commercial
district—that does not give fresh assurance of its.
eventual triumph: Is a large subscription, called for ?
it is immediately forthcoming, as though it pro-
eeoded froMthe inexhaustible purse of FORTUNATUS.
Is an impassioned appeal or a matter-of-fact argument
required ? Mr. BRIGHT is ever at hand to furnish the
one, and Mr. COBDEN the other. In Scotland as well
as in England, the members of the League are re-
ceived everywhere with open arms, and not a day passes
hut they can number their recruits by scores. Would
this be the case, if they were a mere selfish faction

and highly needed vigour; rendering them, as
they ought. to be, as they still may become,
seminaries of a national, comprehensive, and 'un-
Se.ctarian character, the boast of England, splen-
did- evidences of the intelligence, the opulence,
and grandeur of our countrymen, and idle means,
of handing down , the , lamp of philosophy with
undiminished, and still accumulating splendour,
to those who come hereafter in the course of
scientific -research ?

Accounts from Madrid to the 14th had been received. The
new municipal law it would appear met with very little oppo.
sition either in the capital or the provinces, but in casa of any
serious resistance, the Government had resolved to call in the
aid of the army. The Minister of Witt', had given orders to
the military authorities under his orders to place the
military force at the disposal of the Political Chiefs,
whenever reluired by those functionaries, to subdue
any and all attempts at resistance. The application
of NARVAEZ to be allowed to resign the rank of Captain-
General, had been refused. Her MAJESTY would hear no ex-
cuse, so the retiring and blushing youth must wear the title
against his will. The returns of the city elections had not I
been made up on the. 14th, but no doubt remained that all the
new members would' belong to the Opposition.

When, in the memorable year' 1829, Sir ROBERT
PEEL brought forward the question of Catholic Etnan=!
cipation, he expressly stated—and laid great stress on
the declaration—that it was his intention to carry it
out in a spirit of the most perfect good faith, and to
render it as complete and comprehensive as possible.
Henceforth, he said, the Catholics- should have no
cause to compliin that they were not put on the
same level with the Protestants ; the equality be-
tween the two professions should not be merely a
nominal one, but an actual living reality, for the
Relief Bill was one of wholesale conciliation, con-
ceived in a kindly, equitable spirit, and intended to
hell the Wounds and redress the wrongs of ages,
Fifteen years have passed since this magnanimous de-
claration was made, and what has been the conduct—
we say nothing of the professions—of him who made
it ? Did he, pursuant to his promise, co-operate with
the Meranniase Alinistry in their well-meant endea-
vours to legislate for Ireland in accordance with the
just and tolerant principles of. the Relief Bill ? Did
he further the progress of the Municipal Reform mea-
sure, whose avowed object was to give the Catholics
such increased privileges as they had every right to
expect at the hands of hint who struck the fetters
from their limbs, and told them that henceforth there
should be no distinction between them and their
'Protestant brethren ? Did he uphold the tolerant
Government of .Lords NOEMANBY arid FORTESCUE
which for the first time held she balance even
between the Catholics , and the. Orangemen, and
conciliated all classes:. of the former, by im-
pressing them with ' the conviction that at length
something like justice was done them ? Did Sir Ro-
BERT PEEL act in this liberal and enlightened spirit,
for which he took such praise to himself in the year
1829 ? Far otherwise. In order to assist the view
of his party, and throw ehstacles in
,the way of the
Whigs, he fairly " turned his back on himself"—to
quote Lord CASTLEREAGH'S bright metaphor—and
laboured hard to make a mere dead letter of that great
remedial measure which, when he brought it for-
ward, he prothised should be an active, living prin-
ciple. Even since he has become Premier, and has
been furnished. with abundant means oflegislating for
Ireland in the equitable spirit of the Relief Bill, he
has pursued his old, specious, and'one7Sided course of
policy, giving nought hut smooth words to the
Catholics, while he has reserved the substantial
rewards for the Tory Protestants. As if this were
not sufficiently galling, his Irish Executive—for
whose actions he is of course responsible, as the in-
dividual who_ entrusted them with authority—have
just shown the sister-country in what utter disregard
they hold the spirit of the Emancipation Bill, by
striking off, without a why or a wherefore, every
single Catholic who. was on the list of the jury ap-
pointed to try the present State prosecutions. No
wonder that all the members of this persuasion, from '
the peer to the peasant, are indignant at such a gross
insult, which indirectly implies!that they :are not to be
trusted on their oaths, but will return a verdict in
.brazen defiance of evidence ! The proceedings of the
AttorneyeGeneral in this ease are, to all intents and
purposes, a practical repeal of one of the most
,valuable rights intended to. be secured by the great
measure of •Emancipation; and we are delighted,
therefore, to find that the aggrieved Catholics intend
to petition the QUEEN on the subject, and also to
bring it fully under the notice of Parliament. Al-
luding to this important matter, Mr.. O'Cosceer. oh-
Of all the questions which have been entered serves, in a recent letter to Mr. CREAN, that it should
upon by the publi;l reformer in this countrV, be agitated distinCtly and separately, without the
h there is no one which L slightest reference to thedquestion, of Repeal. " Re-
as presented greater ditli • peal,:s. ounot, if ihl be
citifies to' his efforts than, has that of' University'
mentioned at any of the eetings- held fore, theeven pur-
refine)]. The causes of this sewn to us to be I pose of petitioning to have the Emancipation Act
pretty evident. With the majority of topics rendered perfect. There are many Catholics, non-re-
which' have been from time to time imported peelers or anti-repealers, who feel with us the absolute
into pub] e..di,ethsiion, people generally have atf necessity of a better protection for their lives, liberties,
, and properties. Let uethei_i Cheerfully follow, assist,
least something like a practical familiarity.
,tT . and support these personi; and I trust thatevery per-
spectiug, holeever, see two nationalHI% cisme:, son in Ireland will, as speedily as may be cOnvenient,
and their concerns, the nation, excepting' the send „petitions to Parliatnent, and an address to the
upper elase's and the
members of the learned s QUEEN, praying.for relief and protection." We cor-
!Professions, is as conipletely igitoraut as it'
these j dially subscribe to every word of this advice, for the
.
institutions were • in. nowise connected with
every_ s
with the agitati9" which it recommends is a just and neces-
country. There is a mystery attenoi
ary one, and, unconnected as it. is with Repeal, -de-
serves to be strenuouslysUpPorted by every thinking
thin ig• transacted at Cambridge and Oxford,
and liberal man in Ireland: Mr. O'CONNELL is here
which the uninitiated can only look-upon with no treading on firm ground,' and advocates nothing but
"Walls of;solying. , Those, too, who have the ! what common sense approvea, the Constitution allows,
Tower of divulging, ,c the secrets of the prison and Ministers are hmindsfo.concede. 'We say, there-
house"a. are apparently restrained from doing so f9re, with the, HOn. and Le reed Gentleman, by. all
by a feeling of attachment to their Alma Mater, imeaps let the agitation for perfecting the Relief Act
and an esprit corps,lthieb mikes thept regrt;
he carried on in a bold, unflinching, and persevering
spirit • and let the Q,CitEN' be Made fully acquainted,
h pal nu e,
•
7114 s 14t.C3. al)ll°"44lCe' SPee.•e. • d spirit; anti'
=little VAT as 'pos. st-131e,kvith the. feelings of
h r agtitiei•e4l 'clatll9oc,§tibjcoi in Irelands..
Jltst Hwy; hote,Ver, thiness aisp6ar`tn have taken ' "31.- 1
•
a
earnettly entreat attention' to an'announeement we Save-
-1-11'11; enuee fot: the oportttions of iIIOSC • ' •
who wouid introduce amendments in the reoil‘ copses • freiri the 07isei.vei• 'Or IL, relative to the
a" opening of a new chapter in the history of Custom-house
tions of the two great 4c44141eal bodies. People Frauds. Miumisig the facts to be as stated, it would sppear

The Three per Cents. were done on the 13th at 26} for the
22d of February ; the Fives at 19i at 60 days.

The French funds still continue to decline, owing, it is
said, to large sales made from day to day without any ap-
parent cause. On Thursday the Three per Cents. had fallen
nearly one- per cent. within a few days. This was attributed
to a rumour that the KING vas seriously indisposed, and it ap-
pears there was some ground for the report. On Tuesday his
MaJesTY had a bilious attack, but on Thursday had so far reco-
vered as to be able to receive company. Nearly a hundred persons
were received at the Tuileries in the evening. , In alluding
to the Kt Nu's illness, and the fall in the funds, the Sleds says—
.' The retrograde movement of public credit, in a period of
profound peace, and, as the Minister boasts, afppblic pros-
perity, was the object of various conjectures or ;the Paris
Bourse of Friday. The decline of the French funds on the
preceding day was attributed to the KING'S health; but it was
soon ascertained that this pretended indisposition was not of
any serious consequence. The true cause of the decline in
the French funds is the opinion entertained by capitalists that
the Government will be compelled to resort to a fresh loan to-
wards the month of July. Another reason assigned on the
Bourse was the apprehension entertained that the Govern-
meet proposed to execute the great lines of railroads without
the intervention of any public Company," The illness of the
KING is the more probable cause. The Three per Cents.
on Thursday closed at 82f, fic., while on Saturday, after it was
ascertained that his MAJESTT Was quite sell, they had risen
to 82f. 60c. The debate on the address in the Chamber of
Deputies continued on '1 hursday and Friday. On the latter
(lay it. was confined to four Members of the Opposition, MM.
DE LA STEVAIE, GAILNIEE PAGES, and Ducos, and Al.
BILLAULT, who spoke last. He moved an amendment to sub-
stitute for the paragraph in which occurs the phrase " entente
cordiale," the following :—" In these two countries ( Greece
being the
andSi'ail m
Spain)
liberties
the natural friends of France, may the monarchy
and the erotriees closelyof the
people derive new strength from their
allied. The sincere friendsh Il with
hich your Majesty is allied to the Queen of ENGLAND, and
the accord that you announce to exist between your Govern-
ment and hers, confirm us in this hope."
In reference to Spain, Al. BILLAULT said.-.." Could it be
supposed that England, in 1843, would have so suddenly
changed
herpolicy of ages with regard to Spain ? Since the
wsuccession she had only sought to destroy the influence
of France
e in e
nS y
Spain : and should an English Ministry one day
resolve to renounce this line t policy, it would fall beneath the
weight
public animadversion. An Ambassador had been
sent to Spain—a man well known for his sympathy for that
rc
ea rr o
v aefe
nd c
o fr
o
country; but an intrigue brought about by English influence
had prevented his entering into diplomatic relations with ,
the Spanish Government. When the recent events in Spain
permitted France to renew her diplomatic relations with that
country, the same Ambassador should have been again seat,
but he had been replaced by another; this was not all, the English
Ambassador at Aladrid having appeared too favourable to
France, the English Cabinet had replaced him by Mr. BuLwE a,
who is known to profess the political principles of Lord PA L-
-111EIRSTON—hostility to France. A concession had, in truth,
been made by England to France, by consenting that the
Queen of SPAIN should marry a Neapolitan Prince ; but a
concession has also been made by France to England by an
equal participation of commercial advantages in Spain. The
difficulties, however, on that subject were well known."

they had not the vast majority of the industrious classes
con their side ? The best proof that the League is a
national necessity, is its rapidly extending influence
and by the_ growth of this influence we may estimate
the pressure of the necessity. Justly remarked Mr.
GIBSON, at the great free-trade meeting held on Fri-
day last at Manchester—" We were told that manu-
facturers and commercial men had adopted the prin-
ciples of the League because it happened that at that
partiCular time there was embarrassment in their af-
fairs, there were difficulties in trade, there was de-

pression. But is it so ? Do we find that with changes
in trade, with a partial revival of commercial affairs,

with a falling price in agricultural produce, this agi-
tation has lost ground ? No. Do we not see the
League meetings as enthusiastic assemblies as ever ?
And why do we see this ? Because the great body
of the commercial community of this country see the
question in its true light." This. is regarding the
matter in a proper view.; and in these few significant
words, we have the true secret of the success of the
Anti-COrn-laW League: It prospers, because its ex-
istence is.necessary to the best interests of the com-
munity; but the instant it ceases to. represent those
interests, it will sink, like the agitation of the mono-
polists, into mere insignificance.

GUIZOT. towards the close of the sitting said ho in-
ended not only to apply to the Hon. Member, but to lay be.
`ore the Chamber a statement of that part of the general
position of the affairs of the country. He should therefore
propose to adjourn the discussion to the neat day. The debate
was accordingly adjourned.
BOURSE—PARIS, SATURDAY, JAN. 20.
First Highest Lowest Last
Price. Price. Price. Price.
French Five per Cents. 124 124 85... 124 65 .. 124 85
Four per Cents 106 ... 106 106 ... 106
Threes. B2 65... .82 65... 82 65.. 82 65
Bank of France 3280 —.3280 ...3270 —.3280
LatEtte Bank I,ooof 1111 25 ..1111 25...1111 25...1111 25
5,000 f 5070 _5075 —.5070 _5075
Belgian Bank ... . . 698 75... 700 ... 695 ... 695
Belgian Fives ... lO7 ... 107 ... 107 ... 16)7
1840 109 h ... 109 k ... 109 109
1842._ 110 i 110* ... 110} lloi
Spanish Active
Passive 5i ... 5i ... 51 ...
Old Deferred 12 ... 12 12 12
Portuguese Fives
Neapeditan ..... 65... 106 106 65... 106 85
Roman ..... . ............ 105 k 105 k .. 105 k ... 1051
RAILWAY SHARES.
St: Germain ... 830 ... e3O 830 .. 830
Versailles, R.B 342 50... 342 50.. 340 ... 340
L. 13 lBO ... 181 '25... 180 ... 180
Rouen
Rouen to Havre 662 50... 065 ... 662 50... 665
Orleans.
Strasburg to Bale
Avignon to Marseilles 677 50... 682 50.. 677 50... 682 50
RAILWAY SHARES, FOR THE ACCOUNT.
Versailles, R.B 345 ... 345 ... 345 345
L. 8... 177 50... 182 50... 177 50... 162 50
Rouen ..... ......... 850 ... 860 ... 850 ... 660
Rouen to Havre......, €62 50... 662 50... 662 50 .. 662 50
Orleans
Strasburg to 8a1e...... 237 50... 237 50... 233 75... 233 75
Mignon to Marseilles (280 ... 682 50... 680 .. 662 50

TRAVELLING IN CHINA.---Several NVCeIcS since tho
]tcv. Mr. Alilnc, of the 7.ondoli h]isslonary Societe, arrived at
Canton, overland (rota tiingpo; a ,tist2ld a ot` ],30.0 mile?, which
tie: accomplished in thirty.eight lie wasdressed as,' and
rits6skt of conrse.for, a Chinaman. ll'c understand-that he repre-
-o:tts many parts of the couidry a; extremely beautiful; but
other,, of large extent, barren and thiply -poopted.—_Cofan
September 16. _

YORK CASTLE.—The Rev. W. T. Alderson has
pon 340410 phoplay2 o; lork Cut!e.

THE SUN, LONDON, TUESDAY MORNING, JANUARY 23 1844.

MONEY MARKET and CITY N. ::"7:
CITY, ?fIONDA ^ EVE Nl:s G.
The Consol Market, which had rather a heavy appearance
in the morning, rallied before the termination of business,
one or two purchases having sent up the prices to 973. Bank
Stock touched 193 ; and India Stock, 275 to 276.
The Foreign Bonds continued buoyant. Mexican, for
Account, were done as high as 333. Spanish Three per
Cents, rose to 31 and 31i. Portuguese Converted closed at
46k. Buenos Ayres were -Ai to 3114 ; and Russian, 117.
The additioral transactions in Railway Shares have been
these .—Bristol and Exeter were 3 to 33; Brighten, 63;
Rlackwall, 104; Greenwich Preference, 13 to 13 ; and South
Eastern, 143 to 3 discount. Edinburgh and Glasgow, 9 ;
Great Western, 35 ; Birmingham, New Quarter, 28;
Croydon, 23 ; Manchester and Leeds, 74 ; Norwich and
Brandon, 2k to 2 ; and North Midland, Half, 6 premium.
Australasia Bank Shares were 53 ; London Joint Stuck, 23 ;
and Union of Australia, 3 to 2* premium.
(From The Sun of Last Night.)
The Cotton market at Liverpool on Saturday was firm.
Sales, 6,000 bales, including 3,000 on speculation.—Railway
Shares remained good, and had an improved tendency.
Eastern Counties were 10!. 13s. ; Edinburgh and Glasgow,
38i ; Grand Junction, 234 ; Great Western Halves, 70k;
Liverpool and Manchester, 224 ; Birmingham, 244; Ditto,
New Thirds, 42; Paris and Orleans, 333; and South Eastern,
New, 353.
There are several arrivals to-day, and we have the nume-
rous West India files of papers together with the
private letters received in the City, on Saturday evening, when
business in general had ceased, though a few of the firms most
interested having received intimation of the expected delivery,
had thoir employes in attendance. We find much of the old
story in these advices, though from Jamaica parties write that.
labour was not so scarce, some of the more sterile and " used-
up" plantations having been abandoned as altogether un-
profitable. This is a result that can surprise no one
acquainted with the West Indies, where capital and energy
requires to be diverted to new channels and not to he frittered
away in the old routine of slavery times. The weather in the
greater part of Jamaica was too dry, and the same in Barba-
does, but Trinidad and Demerara fared better. The latter
continues actively to bestir itself in endeavouring to procure
labourers from some quarter or other.
There are advices to-day from Australia also, viz., Sydney,
September 10 inclusive, and I'ort Philip August 27. The
first session of the Legislative Council had commenced, and
the Governor had delivered a very neat address, devoid of any
crotchets of his own, and in a tone calculated to revive the
drooping spirits of the colonists. Trade continued in a very
bad state, and nothing was doing except for urgent wants.
Money was still scarce.
From Buenos Ayres there are dates to November 4, when
the Rosas party were more sanguine than ever of the capture
of 'lonte Video, which was described (in intercepted letters
from Madame Rivera. the wife of the President of the Orien-
tal Republic) as in a very straitened position. A ship, arrived
at Havre, brings dates of Nov. 29, win n the exchange was
253. No treaty negotiations are spoken of.
The funds have been steady at the closing rates of Saturday,
but have not exhibited any buoyancy. 'I he Commis-ihr.er, for
the Savings Banks, &e., have talc: n .10,, 001. son“ 1: a- 9:,
which ft OM the smallne.s of the antoust would %Isas,
the inference that tie+ neeratides are dra-sisg to a close.
Consols have been 97 to 967 i fee mon y and tens. Exele•qta,,r
Bills continue quiet: at 675. iss 65.. premium; and
India Bon is Under 1,004. are firm at 625. pseiniure.
Bank Stock has further advanced Ito i per cent., bei,ss !913
to 1923. This aris,ss fram the impression respect ,rg pro-
bable renewal of the charter, to which we :,everted in The
Sun of Friday evening la-t. Th. Reduced Three-and. asilalf
per Cents. have been 'ea4 at 103 ae,4 the N,ss al 1, 02 to
lOU ; Long Annuities ars 43 1.4 ' i 2 13-16; and the i. hree
per Cents. are 973 to I.
There has be.sli rather a lively market fer the Foreign invest-
men's, which, in general, have an upward tendency. Tie
Five per Cents. have improved to 223 3, an I the Three :,er
Cents. 303/4 to 3. A statement ha. been made that Caraseo's
budget, allowing the full interest on all the loans. will ex-
hibit a deficit of only fir. y millions of reals, and
that by reducing the interest on the Active Stock,
a surplus to some extent will be obtained. A surplus
in the Spanish revenue would certainly be a wonder.
"ortuguese Converted Bonds have been again done as high as
453 to 46. Mexican are 33 to 333, which is an improvement.
Peruvian have been done at 2.4; and Colombian have touched
113 to 113. Brazilian are 77 to 773. Belgian Bonds hare
obtained 1053. Austrian hare been firm at 114 ; and in
Dutch Five per Cents. there have been several bargain, at
1003 to 101.
The Railway Shares hare been brisk, and we note an im-
provement in the Hull and Selby. South Western, Croydon,
South Eastern, York and North hlidland, and Brighton. The
others are all firm at previous quotations, and the full list of
those dealt in is given below. Australasia Bank are 6 prem.
MANCHESTER. STOCK trCHANGE, JAN. 20.—There •is
a good general demand for shares today, but owing to the
absence of sellers, business still continues limited. Our quo-
tations are:—Edinburgh and Glasgow, Quarters 143 s New-
castle and Darlington, 28.1 ; Edinburgh and Glasgow, 58%
to 593 ; Manchester and Leeds, 101 to 3 ; Eastern Counties,
10 to ex-new ; Bolton and Preston, 253 to 3 ; Bolton and
Bury, 101 to 102; Manchester and Birmingham, 38S Chester
and Birkenhead, 34.

CLOSING PRICES.
BRITISH FUNDS.

Bank Stock
3 per Cent. Red.
3 per Cent. C0n5...... 97i !Ditto Old Annuities —
3b per Cent. Red lO2l Ditto New Annuities..
New 3b per Cent lOl/ Ex. Bills, 1,000/. lid. 67 pm
New 5 per Cent — Ditto 500/. ..... . 65 pm
Long Annuities to expire Ditto 5ma11..... 65 pm
Jan. 1860
Oct. 1859
Jan. 1160 ......