The Sun.
London, England, 1844-06-04 00:00:00

tiara, would have to be tied down, and lopped and
mutilated, more or less, according to the fluctuating
dimensions of that system. This was a result which
the concoctors of the Bill seem to have anticipated as
possible. So, in clause 5, power is given to her MA-
JESTY in Council, on application of said Governor
and Company of the Bank of England, in the event
of any now issuing banker discontinuing, after a cer-
tain date, to issue his own notes, to authorise the said
Governor and Company " to increase the amount of
securities in said issue department beyond the total
sum of 14,000,0001., and therefore to issue additional
Bank of England notes to an amount not exceeding
such increased amount of securities specified in such
Order in Council; such increase not to exceed two-
thirds of the amount of such discontinuing banker's
authorised issues."

Let us suppose the case of these concurrent con-
tingencies, viz., (1)—the sudden extension of an old
or opening up of a new market abroad for the sale
of our manufactures, at so advanced a period of the
shipping season for the distant regions, wherever the
markets are situated, as to admit of no delay in
making the required investments or exports ; (2)—
on a recent serious contraction of the Bank of Eng-
land's issues of paper, under the provisions of this
Act, and a consequent drain of gold which has found
its way to the Continent; (3)—the arrival of exten-
sive remittances of produce from their want of
money, from the insolvent. American States, from
China, from the Australian Colonies. Since, to
warrant the increased issues which the Bank of Eng-
land may thus make to the amount of two-thirds of
the average circulation of the private bank declining
to continue its previous issues, application must be
made to, and an order be' issued by the QUEEN. in
Council, and such order be formally promulgated and
published in the London Gazette, whitt:iffo be done
in the interval for the additional money or currency
absolutely necessary to remove all transactions con•
need' with such investments outwards, and such
imports of produce, out of the destructive and. bar-
barous operation " of that condition of barter, which is
the haunting spectre so assiduously excommunicated
by these bullionists themselves ?" Of the other pro-
visions affecting joint' stock and private banks of
issue, we can only repeat our former opinion—that
they compose one of the most tyrannous and clumsy
pieced of legislation ever propminded to Parliament.
But we shall enter more .largely into this part of the
subject next week, upon noticing the enlarged and
greatly improved edition which has just appeared of
the admirable "Letter to the Premier, by an En-
quirer after Truth." The case of unskilful and inex-
cusable tampering with this vital question, which it
alleges against Sir ROBERT PEEL, is the most con-
clusive that we have yet seen adduced.

We have received Madrid Journals of the 27th.
The Gazette contains official dispatches, announcing
the arrival of the two QUEENS and the Infanta at Va-
lencia, on the evening of the 23d. They were re-
ceived with great rejoicings. The Bitrcelonit journals
bring news of a very different description. More
wholesale murders are thus announced in the Verdad:—
" Twelve Carlists were shot at Morella on -the 19th,
among whom were two officers, a, captain, and a lieu-
tenant,, who had served Under Cabrera. Since the 15th
of April 120 Carlists have been shot in Catalonia."

On Saturday the French Chamber of Deputies,
after a very desultory discussion, voted the supple-
mentary credits for the departments of Foreign
Affairs, the Interior, and Commerce, and Agricul-.
titre. During the lengthened talk to which these
votes gave rise almost every topic connected with
foreign affairs had been touched by one speaker or
another; and it is gratifying to find that England
for once escaped without blame from any party. In-
fact, the rage against this country is wearing itself
out, partly Lecauie there really is no ground of com-
plaint, but chiefly, NT Q believe, because the writers
in. English, journals have generally treated the, attacks
of the Legitimatist and the Republican party with
silent
,contempt. The Journal des Debats, in a hu-
morous article, makes a few comments on the ram-
hling discourses delivered by Messrs. TRIERS, 3.lAu-•
Gum, BILLAULT and Co: "In following the debate,'.
it says, "We have trairelled from north to south,
from east to west, with a facility of locomotion the
very thoughts of which brings on giddiness. From
Monte Vid,o, whence we returned with M. qua-
GAIIAT, M. DE LAGRANGE transported us to
China, arid from that country M. DE VATRY'
suddenly whirled 'us off to St. Domingo,
GanUCIIN embarkedwithout
us givingus time to breathe. M.
forMau-
Spain, and there treated us`
with aleature on histery. This lecture, it would al*
pear, was a very heavy affair, for no one considered it
'
worth the leastnotice. M. DE ST. VIARC GERARDIN
'put soine .questiotii relative to' the Greek Constitution
and the disturbances in Albania. According to
the original treaty by which
Greece was
kingdom, and to which Eng;
Russia were parties, ,it was.
land,Fran
erectedstipulated i noctthae,a
that
tzne CrOwn, failing the direct line of
the present `ICING, should ge to one of his brothers,
or their .descendants. By the new Constitution that
clause is 'set aside, .as the successors of OTHO must
profess the religion,of the Greek Church, and as the
Royal Family of Bavaria is Catholic,' they conse:-
lhently are excluded. M. GUIZOT said 'the three.
Powers did not; think_ themselves justified' in inter-
fering, and had Merely. stated their objections to the
Court of Munich. hi reference to 'the disturbances
in Albania, he said the most pressing instructions had
been sent on the subject to the French Ambassador at
Constantinople, and that owing to his exertions, and
those of the British Ambassador, 'energetic measures
hadiseen adopted by the Porte, and large forces were
!Myr -on their march to repress the Albanians and pro
feet the Christians.

advert to the visit of the
Emperor
country, and express some
alarm S e v e
lreagl
t o of f.
Q Rtuuheseesinjournals
.7v tIooTtthis
oi:I
.Bhould transfer her at-
tiehment from Louis PHILIPPE to NICHOLAS. The
iCun'stitution-nei thus alludes to the imperial visit :

a‘Cdhear la
semi-officialHaye announced, with the
•
"The EMPeror of Russia is now in London. At the very
maffiomnneatnti.reattotnhe .which
Journal
prints,
that the..journey to .London of its Sovereign's brother-in-
laW, Was postponed to next year,, the Emperor Nicholas,
• faithful. to his taste for 'surprises,' was arriving. at Berlin
on the 26th, starting for Brunswick' on the 27th, rapidly
wl ni
.crossing Germany, availing himself as much as possible of the
railroads, and arriving on the 30th, at 11 A:M., the. Hague,
Where the Queen and Princes of the . Royal Family were
receiving him at the palace of Noord-Eine. He was to start
again 'next day, PA-London:, He has now been twenty-four
:hours with Queen Victoria. 'Greater impressment could not
be displayed in responding to .the advances made by Sir
R. Peel to the Emperor, 'in a speech, inter pocula, which
everybody remernbers. It will he re;Collected. that the Prime
Minister of Great, Britain spoke with marked affection of the
cordial understanding which united his Government' with that
of Russia. It is very probable that M. de Brunnow was no
stranger to that extempore speech. Be this as it may, the
Tories 'have just followed their- old penchant, and summoned
to London the most powerful of the Sovereigns who style
themselves eminently legitimate. A Whig Cabinet, on friendly
terms with France, would certainly have- been.,Much less
anxious.for this visit of the autocrat. The visit is, no doubt,
not a reason Ali- living on bad' terms with; a Tory Government.'
But what is now the serious' meaning of our famous cordial
understanding? What becomes of the joys of the Chateau
d'Eu visit, and of the innocent triumphs of our Ministry?
The pilgrimage to Belgrave-square had already much Spoiled
matters; what Will the journey of the Emperor of Russia
then do ?" • • '
THE BOURSE--SATURDAY, JUNE 1. •
'First • Highest Lowest Last
price. Price. Price.. Price.'
FrenehlFive perCe;its 122 20 .. .122 20 .• 122 50 122 10
'Three per Cents.. 84 60 8.1 .60 • --84 60 ••04 GO
Bank of France 3100 .• $lO .•• 310. . •.3100
' . Lattitte Ba.uk,fl,ooof. Shareall'ls ..1135 ' • *1132 50 ..1132 50
5,000 f. Sharcssl22 rO ..5122 50 ;•5122 50 ..5122 50
Tielglan Flvo, 1840„ „ „ 1196 • • 106 • • 106• • • 106
"ilpanlsh Threes . 35 •, 351 .. 35. •'' 35
Portuguese Five per Cents 461 .. ..461 • • 46z • • 461,
Neap01itau............. lO2 ~ •102 GO 102 60 .. 102 60
Roman . 1041: 104 f upti
RAILWAY SHAKES:
St. °c7.71101°••• •• •• 912 50 .. 912.59 907 50 .. 907 50
Versailits,ll:.ll.
..... 255 257 50 .. 255 255 .
Rotten " •.. • •• •• 991 26 .. 991 25 .. 991 25 .. 991 25
,Ronen to Havre • • 772 50 .. 772 50 .. 772.50 • • 772 50
!Orleans ..•••
Strasburg to 8a1e.......... 265 .. 255 • • 253 75 • • 2.',5
Avignon to Marseilles •
.. 792 50 792 no • 750 •• 790
RAILWAY'SHARES, FOR MAY ACCOUNT:
• St. Germain . • 907 50 ... 910 • 907 50 •• 910
Ver5ai11e5,R.11........, „„ 402 50 .. 405 402 50 .. 405
• „ 255 .. 256 25 255 .. '255
110uen'• • •
Rouen toliffavre • . 770 .. 770 •.:770 • • 770
Orleans •• • • •• . • —. .1013 75 •.1013 75 • —lOO7 50 . • 1007 50
Strasburg to 8a1e.......... 255 .. 255 .. 252 50 253 75
Avignon to Marseilles.. ~.. 7i-J0 .. 792 50 790 •• 792 50
RAILWAY SIIAIIES FOR JUNE ACCOUNT,:
Rouen to Havre.. ..... 773 75 • • 773 75 •• 773 75'.. 773 75
Orleans
StrasburgAo 8a1e.......... 356 25 356 25 .. 252 50 .. 233 75

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