The Sun.
London, England, 1845-05-26 00:00:00

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LONDON, MONDAY, MAY 26, 1845.

The Duke of WELLINGTON has announced the second
reading of the Maynooth Bill for Monday next, the
2d of June, and intimated, in his usual decisive and
business-like manner, that he will keep his word. He
is right. The country is sick of this miserable Maynooth
affair. It involves no new religious principles; the
money required to carry it into effect is the most
contemptible item in the financial estimates; it gives no
additional encouragement to Popery; it establishes an
act of justice, but rather in form than in reality; and it
has been opposed so long, and in such tedious, un-
meaning speeches in the House of Commons, that
if the Lords were to follow the example they would
make the legislative body absolutely ridiculous. It is
said enormous masses of petitions are already
prepared for presentation. We have no doubt of the
fact. We believe they have been prepared for many
weeks, or are only transcripts of petitions thrown below
the table of the House of Commons. BREADALBANE
has so many committed to his charge that he cannot
bring them up in less than a week. WINCHILSEA has
an equal load ; KENYON and RODEN are also heavily
burdened ; and WELLINGTON and STANLEY must,
therefore, be bold men to face the indignation and re-
proaches of such illustrious ornaments of the House of
Peers as these four Anti-Maynooth leaders. WIN-
CHILSEA has already fought the Duke in defence of
Protestantism, and why should he not do so
again ? His worthy colleagues may also single
out their men and fight WHARNCLIFFE and STANLEY
and ABERDEEN. They cannot do less. Catholic
Emancipation was nothing to Maynooth ; and if the
champions of intolerance have a drop of true blood in
their veins, they will spend it in defence of their cause.
If they possess common sense, they know there is no
other chance for them. The House of Commons has
sent up the Bill backed by the greatest majority, taking
numbers, intelligence, independence, and sound argu-
ment into account, that ever supported any measure
brought before the Legislature. The opposition
.to it
has been of the most puerile, bigoted, and un-Chris-
tian character. The speakers have not advanced
one argument which, if carried to its legitimate
extent, would not divide the kingdom into separate
merciless factions; dissever the colonies from the mother
country, and make the sister island more hostile to
England than even France and America in the midst of
a bloody war. Are the Peers, then, to reject such a
weight of authority? Are they to risk the safety of
the empire to gratify such hopeless bigots as RODEN and
KENYoN, and reject the unanimous voice of all men in
the Commons' House of Parliament possessing ability,
sound judgment, and Christian charity, for this paltry
grant to Maynooth. The case is utterly hopeless. But
still the farce is to be performed. Endless petitions are
to be presented, long speeches made, and vile accusa-
tions reiterated against, fellow Christians, all in the holy
name of religion. We regret to find certain leaders of
the Dissenters joining in this cry of intolerance—men
who have suffered so much from the very spirit which
animates WINCHILSEA, and RODEN, and KENYON—
men who would be trampled upon in their turn if their
chosen advocates should prevail, and who yet cringe to
the hand that would bind stronger their fetters. What
hope have they from the House of Lords ? Was there
ever such an absurdity heard of as Dissenters
trusting to support from the Puseyite Bishops of
LONDON and EXETER ? Yet such is the fact.
They turn with contempt from the RUSSELLS, the
HowlcKs, and the MACAULAYS, leaders of a party to
whom they owe so much, and trust to Nous and LAW,
and the bench of Bishops. In the whole history of the
country there is no record of such deliberate folly—
such a manifest act of political and religious suicide.
They have inflicted a blow on the cause of dissent, from
which it will not recover for ages, and furnished proofs
of weakness hailed with the most intense delight by their
present faithful allies. "We have tried these Church
destroyers," say the high Tories, " in a reformed House
of Commons, representing every large town, where Dis-
senters abound ; they could muster only 34 members in
a House consisting of 505 Members, or about 1 to 15,
and with our aid the united party sustained the most re_
markable defeat ever known, not even excepting the
palmy days of the old rotten-borough system. We
know their strength, and we shall profit by experience,
when they apply for the abolition of Church rates, rebel
against Church extension, and raise a second time their
voices against our plan of national education. PEEL
has deserted us, but he has divided the forces of our
enemies, and division is the certain forerunner of de-
feat." These are truths, unwelcome truths we admit,
but the Duke knows, if the Dissenters do not, that
" there is no mistake, and there can be no mistake."

The discussion of Frida37evening last, like its prede-
cessor, in the beginning of the week, on the navy esti-
mates, was again productive of many important revela
tions connected with the past and present administra-
tion of our navy. If the plain speaking and somewhat
homely rebukes to which Sir C. NAPIER is in the habit
of treating the Board of Admiralty, whenever the busi-
ness before the House of Commons suggests an oppor-
tunity, be disagreeable to the Lords Commissioners, and
perhaps occasionally somewhat indiscreet as respects
the interests of the public service (and it is very
doubtful whether they are fairly amenable to this
latter objection), they are evidently producing,
and
will continue to produce, the most beneficial re-
sults upon the efficiency and strength of the ser-
vice. The Gallant Commodore, too, has been ably
seconded, as we have before had occasion to remark,
by such distinguished practical authorities as Captains
BERKELEY, PECHELL, Rous, and by Lord INCIESTILE;
and his Lordship's suggestions on Friday night, on
the subject of the establishment of a scientific board, ex-
clusively constituted for considering and reporting upon
all new inventions, projects of improvement, &c., in

connexion with the construction, rigging, and sailing of
our ships of war, are well entitled to the most attentive
consideration. His Lordship now declares that which
we should scarcely have inferred from a speech of his in
the beginning of tin, ek—namely, " that the office of
surveyor of the navy involves a much greater amount of
responsibility than ought to vest in any one man. That
to expect all the ships in ordinary and in active service
to be properly superintended by one individual,
seemed to him quite unreasonable." This is the
very complaint which they have made, who
have most tenaciously impugned the "intuitive" system
of ship building which Sir W. SYMONDS has been per-
mitted, at such vast expense to the country, with such
uninterrupted fatuity on the part of successive Admi-
ralty Boards, and with results so generally remarkable
for their utter failure or their costly worthlessness, to
indulge in. But of the Surveyor-General's ships a word
or two more presently. We would here repair an
omission in our argument of last week on the absurdity
as well as the mischief of undermanning ships of the
line at any time ; but, when they are to be ern_
ployed in an experimental squadron, most parti-
cularly. We would ask, if the crews of such
a squadron cannot do the duty of able seamen,
what is the value of the test which their working
of these ships, built on " various principles," can supply ?
This scheme is like an attempt to ascertain.the respec-
tive pace and bottom of so many untried racers by the
riding of so many untried or awkward jockies. What
man in his senses would lay out his money on their
future performances upon a consideration of the results
of such a trial ? If your steed is a good one, it will pay
you t• have the best riders. If your ships are worth
anything like what the Admiralty, or their faith in the
judgment of the Surveyor of the Navy, contend that
they are, it is worth your while to man them with a
competent proportion of able seamen. Only varied by
its greater extent, surely the same argument applies to
our navy at large. Nor does Sir GEORGE COCKBURN
dispute that fact. So far from it, he declares that—
• "The advantage of having the ships on foreign service
well manned was, that the men were rendered most efficient
seamen, and they had a fleet in a fit condition to meet an
enemy."
" But"--and when we came to this " but," we were
really anxious to find what was to be the qualification of
the preceding position, to which we so cordially sub-
scribe:—

" But, unless public affairs wore a very threatening aspect,
he did not think that, in a time of peace, this country should
be put to the expense of maintaining a larger feet than was
necessary for the protection of our commerce abroad."
What! has nothing happened, of late, in either hemi-
sphere—has no demonstration—utterly irrespective of
commerce, been made by any other Power, which has
made the presence of our flag necessary, where it has
had neither merchants nor merchandise to protect ? Is
the moral influence of that flag, is the physical force
that is concentrated beneath it, never felt nor displayed
except in the service of our commerce ? We will not
advert to pending differences, which needless discussion
will never diminish; but we will ask how Sir GEOROB
COCKBURN'S observation will apply to our slave-trade-
prevention cruisers? On a recent occasion, Sir
CHARLES NAPIER thus illustrated the mischievous
tendencies of these experimental squadron trials,
whilst there is such a sad deficiency of able sea-
men; and no assertion of ours could so impres-
sively enforce upon the Government its duty to the
country; or the country its duty to that Government—
in the event hypothetically anticipated:—
" If they wished to make the navy a popular profession,
they must give up all their notions about economy, and fully
man all the ships they sent to sea, or else the sailors would
be discontented at the amount of work which they had to
perform ; and they would be told, as they had been told on
a former occasion, that ' it was all hands all day, and every-
body all night'."
Sir C. NAPIER'S challenge of the estimates on Friday
last was scarcely, we think, met by explanations suffi-
ciently satisfactory on the part of the Admiralty. But
at all events the very charge involved in this challenge
must be taken to acquit the Admiralty of any undue
leaning to that " economy" which was somewhat
slightingly thus alluded to by the Gallant Officer.
In objecting to the vote of 1,273,7891. for naval
stores, he contended that if the vote were really to pass,
the amount ought not to be expended in the wasteful
manner of former years. 1,350,5821. had been ex-
pended under this head in the first year of the present
Government's return to office; 1,372,8101. in the fol-
lowing year; and in 1844, for stores only, 1,190,000/. ;
and he would undertake, in each case, to show, that
neither by the present Government nor by their prede-
cessors had these large votes been, in any sense of the
word, properly laid out. Now, this is a grave accusa-
tion, for it deals with a sum of upwards of five mil-
lions; nor can it be said that it was left by Sir CHARLES
in any vague or undetailed statement. In 1841, he
showed that two ships were built of very large dimen-
sions, the Queen and the Albion, upon the plans of Sir
W. SYMONDS. Of the trials which had been made with
the Queen be had already complained as utterly insuf-
ficient properly to test her qualities, and that complaint
he repeated, with this still more serious one—that the
Admiralty had ordered other ships to be completed (which
had been begun under a former Government) on the model
of the Queen, before more conclusive trial and experiment
had ascertained that she had the qualities which would
justify the laying down any more ships of the line in the
same mould. The Queen is now about to be sailed
to test her powers once more, after having been taken
into dock and altered at a vast expense. If,
as every body must wish, she should succeed, of course
the other two ships, built on the same plan, must under-
go similar alterations at similar charges. But what
have the present Admiralty done ? They have directed
the completion of the other large ships on the same con-
struction, namely, the Royal Albert (120),.. the
Prince of Wales (110), which are but one tenth
finished, another of 110 guns, one-sixteenth finished,
without waiting for the reports on the two companion
or pattern ships of the Queen, already referred to
And will it be believed, that after the ascertained defi-
ciencies of the Queen, and the enormous disappoint-
ment occasioned by the performances of the Albion
(which have been so often dwelt upon in The Sun),
Her Majesty's Government, untaught by experience,
undeterred by practical tests of sailing, working, and
steering, exemplified in the cruizes of the experimental
squadron, have ordered the Windsor Castle, of 110 guns,
another first-rate of the same force, and the St. Jean
d'Acre of 90, all to be built by Sir W. SYMONDS ? With
regard to steam-vessels of war, the Gallant Commodore
repeated his assertion, that the Gorgon, Cyclops, and
Firebrand have all proved, in one essential particular,
failures ; particularly as to the exposed condition of
their machinery and boilers in one, and the impossi-
bility of carrying heavy guns on the lower deck in an-
other. For these mistakes the last Board of Admi-
ralty were responsible ; for the Retribution the present
Board were answerable ; and this had all the defects of
the others.

We will not again follow the Gallant Member
through, his comparative statement of the steam navy
force of France and of this country. But it is gratifying
to find, from Sir GEORGE COCKBURN'S statement in
reply, that our steam navy is every day undergoing im-
provements in the stowage of the boilers and machinery
of the vessels under the water line ; and the adoption
of all new inventions of established importance. We
have every confidence that these and still more exten-
sive benefits are in the course of daily accomplishment,
and we cannot doubt of the gratitude with which the
service will regard this gallant Admiralty Lord's deter-
mined purpose to put down the evils of the crimping
system. Captain PECHELL, in an admirable speech,
showed how futile and—(we should be inclined to apply
to them a stronger epithet)—how practically unfounded
was the despair of the Conservative Member for Brid-
port, of being able to man his ships without tolerating
this detestable practice, and the detestable outcasts of
society who conduct it, by the noble example of the
Messrs. GREEN, the great builders of Blackwall. But
we take it that Captain PECHELL will find it a difficult
task to convert others to that belief in the excellence of
such liberality as the Messrs. GREEN have dis-
played, which will induce its imitation. To show
how great a degree of good has been already
effected by the wholesome Parliamentary agitation,
for which the navy and the country at large are so much
indebted to the NAPIERS, BERKELEYS, PECHELLS, and
ROUSES of the present day, we subjoin the very satis-
factory compendium of naval improvements now intro-
duced, or in progress, supplied in the conclusion of Sir
G. COCKBURN'S speech of Friday:—" When the present
Government came into office, the Admiralty took great
pains to try to lower the position of the machinery in
steam-vessels.' They were now building with the view
of finding out the best construction, and, as he said
before, Ns ith the view of placing the machinery below
water-mark. They were also going to try the rotatory
engine ; and though the vessels were at present liable
to have their machinery struck by shot, he would venture
to say they were as good as any that France possessed.
He was in hopes before long to have ALL the vessels fitted
with the screw instead of paddles ; and, as an instance of
rsaoeduevnardenasetehoden Bass Rock,
the efficiency of the screw, he might mention that in a
trial of speed the Rattler beat the Vesuvius, went
before it mett o
improvement theeon t
elamt pteira
at veneads
efficiencydei
tlh pturnedrlidf
If,
u aopbnfoadnco kut
confidencehrt
ewn wae nvh ytoy,
espe-
cially i
wl
thee
es
of our armed steamer force, we aro, at the same

time, deeply sensible how much the country is indebted
for such results to the Gallant Officers above mentioned.

The accounts from Madrid are to the 18th inst. It
appears from the papers that the late intelligence from
Rome had caused much excitement among the
purchasers of Church property. The concordat gives
but little satisfaction even to the Government; and
besides, according to private letters, it had merely been
signed as a temporary convention, and the POPE insisted
upon the maintenance of the clergy being secured before
he would acknowledge the legality of the sales. The
Heraldo of the 18th, a Government paper, says:—
" The convention, so much desired between the Spanish
Government and the Court of Rome, has at length arrived.
It appears that its tenor was examined in a grand council of
Ministers, held yesterday, and has not proved satisfactory to
the Government. It even put forward certain questions
which the Cabinet were not prepared to decide upon."

According to report the Government were very
anxious to get rid of Queen CHRISTINA, as she was
throwing innumerable difficulties in their way for her
own personal purposes. The QUEEN was to leave fur
Barcelona on the 24th.

On the 17th the Three per Cents. closed at for
cash, and 34i at 60 days ; the Five per Cents. at 25 at
60 days; and the Debt without Interest at 88 at 60 days.

Orleans and Bordeaux, 225 f. premium ; Boulogne, 1201.
ditto; Troyes and Montereau, 56f. 25c; Paris and Lyons
32f. 50e. ; ditto.(Rosamel),
ditto (Ganneron),
9f.lolditto (Drouil-
flasffiosc!c;ToursNorthern
f ;andd
Nantesditto (Caton),(Aiac (Laffitte),iefn,
(Mackenzie),
oc: ;10f. ;
lard), par; ditto (O'Neill), 151. ; ditto (Jacques Lefevre),
par ; Lyons and Avignon (Lecointe), 20f. ; ditto (Talabot),
35f. ; ditto (Compagnie Meridionale), 10f. ; Bordeaux
and Toulouse (Mackenzie), 4f.; ditto and Cette (Espe-
leta), 17f. 50e. ; Creil and St. Quentin, if. 50c. ; Paris and
Strasburg (Ganneron), 12f. 50e.
LYONS, MAY 21.—Avignon and Marseilles, 1,080 f., end of
May ; Paris and Orleans, 1,258 f., cash ; Orleans and Vierzon,
832 f., end of May ; Orleans and Bordeaux, 725 f., ditto ; Bou-
logne, 635 f, ditto ; Nismes and Montpellier, 590 f, ditto ;
Monteran, 565 f., ditto.

DRURY-LANE THEATRE.--We are at length enabled
to state that Madame Thillon is convalescent, and re-
appears here this evening. Some idea may be formed
of the desire to see this accomplished singer, when we
state that upwards of 4001. was returned from the Box-
office last week, for places taken on the nights she was
unable to perform. Madame Thillon sings to-morrow
night at the Palace, by her Majesty's command.

THE COLOSSEUM.
NIGHT EXHIBITION.
The Colosseum was opened on Saturday evening, for
a private view of the night exhibition, and a most
gorgeous and magnificent exhibition it is. On entering
in Albany-street, the visitor is conducted through the
magnificent corridor, lighted by twenty. six colossal
tripods, to the refreshment room, crossing which, he
finds himself in the Glypt.otheca, or Hall of Sculpture,
which is also splendidly illuminated. Entering the as-
cending room, or, if he prefers it, ascending the stair-
case, he finds himself in the gallery, and " London by.
Night " bursts upon him. The splendid pano-
rama, an entirely different picture from the panorama
exhibited by day, is erected in front of that picture.
The dioramic effects produced in this magnificent work
of art are truly wonderful. As the spectator debouches
on the platform his attention is first attracted by the
clear blue sky, begemmed with twinkling stars, while
ever and anon a fleecy cloud flies across it. He looks
down and beholds the illuminated city mapped out at his
feet—long and brilliant lines of light from lamps and
shop-windows mark out the great leading thoroughfares,
while here and there the upper windows of the houses
appear irregularly illuminated, the lights occasionally
appearing and disappearing, as the dwellers may be sup-
posed to enter or leave the rooms. The moon is at
the full, and the river, " flowing at its own sweet
will," reflects the moonlight from its rippling
surface. The lamps of the bridges, too, are reflected
beautifully—now appearing mirrored clearly and dis-
tinctly in :the stream below—now broken up into a
thousand glittering fragments of light by the eddies of
the current. This picture is certainly one of the most
marvellous efforts of the pictorial art ever produced.
The honour of the design is due to Mr. W. Bradwell,
and the artists whose magic pencils have executed it are
Mr. Danson and Mr. Telbin. Descending to the Glypto-
theca, we next make our way to the Chalet and Alpine tor-
rent. The sound of the falling waters—the appearance of
the rushing cascades seen by the dim light of evening—the
" monarch of mountains" in the back ground, towering
to the heavens and reflecting the light from his " crown
of snow," while all below reposes in his gigantic shadow,
produce an effect that is awfully sublime. It is a place in
which one would willingly rest awhile—a place in which
one feels the full force of the sublime passage of scripture,
" Commune with thine own heart, and be still." Quitting
the Chalet we enter the Stalactite Cavern, the palace of the
gnomes, and other earth-born deities, with its brilliant
and glistening fantastic columns, its dropping waters, and
its sluggish lakes. This is the last scene of
.this palace
of enchantment, and we quit this most magnificent of
exhibitions so fascinated, so delighted with all we have
beheld, that it is not until we find ourselves in the busy
street, wendirg our weary way homewards, that vfe feel
perfectly convinced that all we have seen there is not
reality.

MEMOIRS OT PRINCE CHARLES STUART, commonly
called " THE YOUNG PRETENDER,"
with Notices of the
Rebellion in 1745. By C. L Klose, Esq In this work
(observes the John Bull)," we have a connected biography
commencing with his birth in 1720, and eliding with his
death in 1788, of an individual, whose daring enterprise,
singular adventures, and affecting trials, have been the
theme of poetry and romance in
so many various forms,
that there are few historical personages more familiar
to the public mind. The volumes before us are a valuable
accession to our historical literature. They fill, indeed,
a chasm, which it is strange to think has been so long
left unfilled. One cause why no regular biography of
the Pretender has been undertaken, may be found, per-
haps, in the fact, that until lately the materials for such
a work were scarcely attainable. Recently, however,
much valuable and authentic information has been placed
within the reach of the biographer. Of this information
Mr. Klose has made diligent use, and skilfully blended
it into a continuous narrative of great interest."

THE SUN, LONDON, MONDAY EVENING, MAY 26, 1845.

The Paris papers state that the Emperor of MOROCCO
had refused to ratify the treaty of commerce concluded
by his Envoy and General DE LA RUE on the part of
the French Government. The fact is thus stated in the
Journal des Debatq, on the authority of a letter dated
Tangiers, May 5 :—" It appears certain that the
EMPEROR commanded that his Plenipotentiary, SIDI-
AIIMED-EL-KITADER, should be cast into prison on his
arrival at Fez. The EMPEROR asserts, that his Envoy
exceeded his powers in negotiating the treaty of com-
merce, for which he had no instructions. Another ver-
sion of the affair speaks of the cession of a portion of
the Morocco territory, which never belonged to the
regency of Algeria. Whatever may be the real facts.
the circumstance of the imprisonment of EL-KIIADER
causes an apprehension that the convention will not
be ratified by the EMPEROR. It is likewise said, that
the EMPEROR has dispatched ten soldiers to seize the
Caid of Ouchda, SID ITAMIDA, Plenipotentiary with
EL-KHADER for tho delimitation of the frontiers." Some
of the, Opposition journals very absurdly attributes this
failure to English policy. The Constitutionnel, however,
can see no foundation for such a charge, for the best of
all reasons, that it is the policy of England to preserve
a good understanding between Morocco and France.
" The following facts," it says, " will explain the state of
our commercial relations with Morocco. England alone
enjoys more than three-fourths of the maritime trade
with that empire. France enjoys scarcely one-
sixth of that trade, but she is admirably
situated for increasing her commerce. If the
Marseilles merchants, who enjoy the greater part
of the Morocco trade had not been harassed by the ex-
tortions practised by the Moorish Custom-houses, they
would have long since become formidable rivals to the
English. The amount of the commercial transactions
between England and Morocco during the year 1842 was
14,541,000 f. That of France during the same year was
not more than 2,984,0001. But this enormous dis-

proportion disappears if we consider the respective
operations of the two countries in the port of
Mogadore during the same year. On the part
of England they did not exceed the amount of
4,396,000 f. On that of France they reached the sum of
1,872,000 f. This is encouraging for France, and would
be still more favourable if a treaty of commerce per-
mitted our merchants to operate on certain data and
freed them from the apprehension of becoming the vic-
tims of the fiscal caprice of the EMPEROR. England,
which possesses the good graces of MULEY ABDERAH-
MAN, may desire the maintenance of such a state of
things, but it is improbable that she urged the EM-
PEROR to refuse to ratify a convention stipulated in the
treaty of peace signed in the year 1844. The conse-
quences of such an act cannot be calculated, and Eng-
land has no interest to accomplish a rupture between
France and Morocco."

According to the Moniteur, there has been an increase
in the French trade with the ports of Algeria since
1843. Returns published in that journal show that the
number of French vessels which entered those harbours
in 1844 was 2,726, measuring 204,266 tons ; of foreign
1,952, measuring 169,430 tons ; and of native vessels,
196, measuring 2,925 tons ; in all 4,874 vessels, measur-
ing 376,621 tons ; independently of 675 vessels of the
Royal Navy. As compared with the arrivals
in 1843, there is a diminution in the number
of vessels, but an increase in the tonnage. Count ROT
had presented to the Chamber of Peers the report of
the Committee on the Bill for converting the Five per
Cents., in which they declare the time not only inop-
portune, but call in question the right of the State to
effect the conversion.

The French Funds have been depressed by the news from
Morocco. On Saturday the Three per Cents. closed at 85f.
95c. ; the New Loan, at 86f. 30c. ; the Five per Cents. at
121 f. 60c.; Orleans Railroad Shares at 1,225 f. ; Rouen,
1,125 f. ; Vierzon, 820 f. • Havre, 897 f. 50c. ; Avignon, 1,040 f. ;
Basle, 270 f. ; Spanish Actives, 404 ; Spanish Three per
Cents., 41%8 ; Spanish Passives, 73/4.
The following are Oa quotations for the new lines:—

18

Ditto 3 per Cent. ...... 41%
Ditto, Account 41%
Venezuela Bonds, 2 per Cent 44 LA

Aberdeen
Armagh, Coleraine, and
Portrush
Birming. and Gloucesterloo 134

Ditto 1/2 Shares
Birmingham and Ox-
ford Junction
Bri'ton, Lewes, & Hast. 20
Bristol and Exeter 7O

Do. New ....
Caledonian
Ditto Extension
Cambridge and Lincoln 11,4 ...... 7 6% 71/8
Chester and Holyhead... 15
Chichester and Brighton 10
Churnet Valley
Cork and Waterford ... 1% 2
Coventry, Bedworth, and
.....

Nuneaton ........ ...... im ...... 13/4
Coventry and Leicester 11/4 ll/4
DirectNorthem
Direct Norwich .. 1
Dublin, Belfast, and

Coleraine
Dublin and Galway..... 21/ 3%) 4
Eastern Counties 25 ...... 184 18 ....
Ditto New 41. 16s.
Ditto Perpetual, 5 per
Cent, No. 1—.5/. 13s. 4d.
Ditto ditto, No. 2 l3s. 4d...
Eastern Union l5
Ditto Extension
Edinburgh and Glasgow 50
Great South. and West.
(Ireland)
Ditto Extension
Great North of England..loo 225
Ditto New
Ditto New
Great Western

01,i., ..

MONEY and COMMERCIAL NEWS.
CIIY, QUARTER TO THREE.
The Cotton market remained quiet at Liverpool on Satur-
day, but 6,000 bales were sold, including 1,000 on specula.-
tion, without any change in prices. The Liverpool Share
market continued firm,
MANCHESTER STOCK EXCHANGE, MAY 24.—The sales,-are
—Barnsley Junction, 4% ; Blackburn, Buniley, and Accring-
ton, 81/4 Blackburn, Darwen, and Bolton, 4% ; Caledonian,
101/4 ; -Ditto Extension, ; Cambridge and Lincoln, 714 ;
Churnet Valley, 5% ; Clitheroe Junction, 21/s 3-16 prem. ;
Direct Northern, 34 ; Eastern Counties, 18% ex new ; Ditto,
New, 4% prem. ; Glasgow and Dumfries, 245. 255. ; Goole,
Doncaster, Sheffield, and Manchester, 11/2 ; Huddersfield and
Manchester Railway and Canal, 613-1 G "78 ; Huddersfield and
Sheffield Junction, 6 ; Leeds, Dewsbury, and Manchester,
9 15-16 ; Leeds and West Riding Junction, 81/2 %; Leicester
and Birmingham, 1 prem. ; Liverpool and Manchester, New
Shares, 39 ; Liverpool, Ormskirk, and Preston, 2%; London
and South -Western, 791,6 ; London and Windsor, ss. prem. ;
London and York, 43 7-16 ; Manchester, Buxton, Matlock,
and Midland Junction, 4% % ; Newcastle and Berwick,
16%; North British, New Shares, 4% ; North Western, 414
1/2; Sheffield and Lincolnshire Junction, 1% ex new; Shef-
field and Manchester, Quarter Shares, 14% ; South-Eastern,
No. 3, 674 15-16 ; Southport and Euxton, ; Trent Valley
Continuation and Holylield Junction, 2%; Welsh Midland,
14. prem. ; West Yorkshire, 21/2 ; Great Northern of France,
English, 53% ; Ditto (Rosamel's), 2% ; Great Paris and
Lyons, 38s. 6d. ; Paris and Lyons, English, 3.
Accounts received from most parts of the Continent repre-
sent the weather as having been very severe, and in many
parts some anxiety was felt respecting the prospects of the
crops. From St. Petersburgh, under date of the 12th inst.,
we are advised that the cold continued. The Russians, acs
cording to the same advices, are quietly, but steadily, in-
creasing their territory, as it is stated that the extent of
country now under the control of the St. Peteraburgh Go-
vernment in ;North America, is equal to one-third of Euro-
pean Russia. A great impetus was expected to be given to
Russian commerce by the recent establishment of several
steamers on the Caspian Sea.
[There are accounts of a commercial nature from most of
the continental markets to-day. Speculation appears to be
at a discount in goods in almost all quarters, the transac-
tions of this sort being confined to shares in the various
railway projects that have of late been started. It is much to
be apprehended that very serious losses will be occasioned by
the subscribers to many of those schemes. By the way, while
upon this topic, it may be as well to Mention that very great
dissatisfaction is expressed at the delay shown by the French
authorities in conceding the lines, the larger proportion of
the amounts required to commence new projects of this kind
having been subscribed for by capitalists and others on this
side of the water.
A. correspondent asks us to publish the prospectus first
issued relative to the construction of the Royal North of Spain
Railway. Now this we cannot do, as it is an advertisement,
and nearly a column in length. The Company is in progress,
and no return of the first deposit can be enforced. if our
correspondent does not wish to hold on, his only plan is to
sell his Shares, taking care that they are assigned to a man
of means. The Shares have been at a discount. They are
now rather better—say % to 14 per Share premium. In this
way (we can't say a victim to the scheme, as our corres-
pondent calls himself), he may relieve his anxiety on the sub-
ject. It will be a very considerable period, no doubt, Ere
there is a bond fide return from the Royal North of Spain
Railway.
A very small amount of business has been transacted in the
public Securities to-day. Consols and the other Stocks are
somewhat heavy. For the Account the price is 991 1/4, and
for transfer to-morrow, 991/8. The premium in Exchequer-
bills has rallied to 625., and India Bonds to 91s. 925. pre-
mium. Bank Stock is nominally the same as on Saturday.
The same may be said of East India Stock.
A fair amount of transactions have been reported in the
Continental Stocks to-day,but prices have not changed much.
The Belgian Four-and -a-Half per Cents were at 98% ; Bra-
zilian at 89 ; Chilian, at 97 ; Portuguese Converted have
fallen from 671,E to 66% ; Russian from 119 to 1184.
Spanish Consols are at 29% 74, and the Three per Cents.
at 411/2%.
The Railway Share_ Market has been rather heavy this
morning, with an inconsiderable amount of bargains. New
projects are rapidly in progress of formation. The greatest
caution ought to be observed by those who have money to
lose in the selection of intended lines, ere they subscribe their
names to the deeds prepared for that purpose.

ONE CLOSING
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES,
Bank Stock
3 per Cent. Reduced
3 per Cent. Consols
New 314 per Cents lOll4 IA 1011
Long Annuities to expire Jan. 1860 114 5-16 11 5-16
Ditto 30 years, Oct. 10,1859 ll 1-16 11 1-16
India Stock — 280

India Bonds, 1,0001
Ditto under Loow. .. ..... _ 72 72
Consols for Account...
Exchequer Bills, 1,000/., 11/2d. ... 60 62 pm. 62
Ditto 5001. .
Ditto Small
Ditto Advertised 57 61 62 pm. 60
ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES
Brazilian Bonds
Chilian Bonds 6 per Cent.... • •••..- 97
Columbian Bonds, ex Venezuela. 1514%
Mexican, 5 per Cent. 1837
Ditto Account
Ditto. Deferred
Portuguese 5 per Cents. —
Ditto, Converted 67% 663/4 663/4
Ditto, Account 66% 66%
Russian Bonds . ... 119 11814 11814
Spanish 5 per Cent. 1840.
Ditto. Account
Ditto 5 per Cent, 1840 —
Ditto, Passive
Ditto, Deferred

15%
374

29%
27 Ai

41 ),
411/2
44 a'

Belgian 41/ per Cent-. 98% 98
Dutch, 21/2 par Cent
Ditto, 4 per Cent., Certific 9B4A 98%
PRICES .OF CLOSING
PAID. A ONE O'CLOCK.
RAILWAY SHARES PRICES.

3%
2%
134

24%
84
776
9rB
2%
6'l

0%
..._
2%
65

214
1214
2271 h
60
28IA
187

Ditto 1/2 Shares. 5O 106
Ditto Fifths
Guildford, Fare'm, Ports. 2% ... .. 51,4%
Hull and Selby
Do. Half Shares , 2 ..... 23
Lancaster and Carlisle... 20
London and Binninghm (Stock)...
Do. New Thirds
Do. 14 Shares
London and Blackwall. 16/. 132.4 d. 9% 9%
London and Brighton... 50
London and Croydon, 13/. 15s. 9d.
Do. Guaranteed 5 per
Cent.
London and Greenwich 12/ 15s 4d...
London and S. Western 41/ 6s 10d 78 79 .
Do. Consolidated Bths 12
Do. New
Do. New
London and York 21,1 4l/8%
London, Salisbury, and
Yeovil
Londonderry and Ennis-
killen 2l/2 43/
Manchester and Leeds... 73
Do. 1/2 Shares
—Do. Sixteenths ..... ... 314 Bl%
Manchester and Birmin. 40
Do. New Quarters ... 2
Midland 100
Do. Fifths 2
Do. New
..
Newcastle and Darling-
ton Junction 25 ...... 50 52 . 53
Do. New Brandling... 10
Newcastle and Berwick 11/ l6l/2 171/4 161/ 18
Newry and Enniskillen. 2,4 3% 3%
Newark and SLeffield .. 1% 4 31/2 . 4%
North British
Do. New
Northern and Eastern... 45
Do. Scrip
•• 51
North Keht
Norwich and Brandon... 10
Do., New ... ..... ..... 1
Rugby, Worstr, & Tring 1
Scottish Central
Scottish Midland 1%... 2% 23/4
Shrews., Wolverhamp.,
Dudley, and Birm
i 2%, 4%
. 4%
South Devon... l5
South Eastern & Dover 33/ 254 d... 403/4
Do., No. 1 8
Do., No. 2
Do., No. 3
South Wales 2l/2 514%
Trent Valley and Holy-
head Junction
Waterford and Kilkenny 1
York and North Midland 50 -05 106
Ditto 14 Shares 25
Ditto Scarboro' Branch. 25
Do. Extension PA 17%14
FRENCH RAILWAY:,
Boulogne and Amiens... 4
Bordeaux and Toulouse 2
Bordeaux, Toulouse, and
Cette ......... . ... ..... 2 ...• • • 2%
Dijon and Mulhouse ... 2
Great North. of France.. 4
Louvain and Jemeppe... 2 ... • 3714
Namur and Liege ...... 2% ...... 5A
Orleans and Vierzon ... 2 ...... 14%
Orleans and Bordeaux... 2
Over Yssel ............. Al 3s 4d
j
Paris & Lyons, Laffitte's 2
Paris and Lyons, Gan-
neron's, ... .. ............ 2
Paris & Lyons, (Calon's) 2
Paris and Rouen ......... 20
Paris and Strasbourg
(Ganneron's) ...... .. 2
Do. do. (Hainguerlot's) 2 ...... 2

10%
79%
29
131 A
9
4%
4%
154
70

21%

4;
25
403/4
15%
13
63
5%
2%
106
..... 527 i
~ 48%
171/t

2%
2%
5%
4
5%
141
105
'?

254
2
421/2
2% 34
2