The Sun.
London, England, 1845-04-19 00:00:00

birlT Xbrition

GREAT LEINSTER and MUNSTER

RAILWAY.—(THIS DAY.)
A meeting of a few of the Shareholders of this Company
was held this day at the London Tavern, Bishopsgate-street.
Mr. LATOUCH was called to the chair shortly after one
o'clock, when there were but very few Shareholders present.
Mr. SMITH apologised for the negligence of one of his
clerks, in not sending circulars to all the Shareholders ; and
read a report of the last meeting and a minute of the pro •
ceedings adopted at the meeting of the Wexford, Carlow,
and Dublin Junction Railway Committee, which was to the
effect that a report had been received from the Committee of
the Great Leinster and Munster Railway, which recom-
mended the issue of 6,000 shares for the undertaking.
Mr. SHAW said that he understood that the Dublin and
Cashel Junction Line was to cross the Barrow at Carlow.
Mr. SMITH said, in answer to a Shareholder, that the \Vex -
ford and Carlow shares were now at a premium of 2/. per
share. The Directors of the Carlow and Kilkenny line w. u'd
have no powers but those they derive under the old Bill;
but all the papers would be referred to the solicitors, in order
that every necessary precaution should be taken. He believed
the title of the new scrip would be the Carlow and Kilkenny
Line; and that, on the payment of 21. 10s.,each Shareholder
would get anotherscrip; and it was intended, in the next ses-
sion, to apply for a Bill to consolidate the Carlow and Kil-
kenny Line with that of Wexford.
Mr. Wit.sox—The question for this Company was, would
such a proposition -be ,advisabit4-;-34-44-nettee-why it
would not.

Mr. SMITH believed there could be no doubt but that the
Wexford would be a profitable line. When the consolida-
tion should take place, then the Directors of the Kilkenny
line would become Directors of the Wexford and Carlow
line.

Mr. ROBERTSON suggested that this meeting should be ad-
journed until some negotiation had taken place between the
two parties.
Mr. WlLsox concurred in the suggestion, as he did not
think anything decisive should emanate from so thin a
meeting.
The Shareholders agreed to the proposition, and adjourned
to Saturday next.

SPIRIT of the PUBLIC JOURNALS.

FROM THE EVENING PAPERS OF THIS DAL
GLOBE.—The tone of fir Robert Peel's speech fully
proved that he felt his position. It was one more tribute to
the policy of his opponents in cultivating friendly relations
with those permanently organised bodies which possess
the confidence of the Irish masses. Every Government
that is not at war with its subjects must cultivate
such relations. There are passages in Burke's Cor-
respondence, applying to the Emperor Joseph 11. and
his subjects in the Netherlands, which are equally ap-
plicable to Ireland at this present day. We shall take future
occasions of reproducing them ; and at present have only to
say that, however questionable the shape or source of this
measure, or the means of its execution, we cannot entertain a
doubt that au organised clerical body (like any other organ-
ised body in a country, whose necessity and utility is ad-
mitted) ought to be made its friend, it possible, by the Go-
vernment of the country. And for this plain reason—if both
are working for public good, they can assist each other ;
if either is working for public mischief, then indeed it is
clear that they cannot be friends ; but it is equally clear
that one or the other is not in its normal and natural state.
To conciliate a priesthood is not, indeed, to reconcile a
people ; nor is to endow a college even to conciliate a
priesthood. And the difficulty of the present men is
that the slightest move which they make in this direction
arrays against them not only all that is genuine in zeal on
their own side, but a vast deal of what is genuine in popular
spirit throughout the country. Mr. Sheil may call this
fanatical insurgency by a very ill-advised figure of speech.
In the veteran ringleader of the Catholic Association
the charge may excite amusement. But we beg to
remind Mr. Shell that in England we are accustomed
to think it y a loin de la plume au poignard. It is
precisely because Englishmen are in the habit of
petitioning, that they are not in the habit of insurrection.
They petition Parliament when they are its constituents,
and they attend it when they are its members; they have
an innate contempt for demonstrations of what they don't
mean to do, and threats of transferring allegiance as substi-
utustueustfofrrupllelrftore
,fitnicireeseodfepunubulliciudautituju,.s,,
on iSc Lib
his ci 101
mpieiks
visited, twenty-five ministers of religion, sole signers
of a requisition for holding a " monster meeting,' for
the purpose of defying the Impenal Legislature, and not
of petitioning it—we will be content to call such Pro-
testant ministry " fanatical insurgency." Not till then.
We are well aware that much of the fault of priestly
hostility is to be charged to that sinister policy, which
by exciting Protestant animosities, naturally aroused Roman
Catholic discontent. We are rejoiced to hear the final
declarations of Conservative statesmen that those days are
over. But English Protestantism (except passively and
ignorantly) had really nothing to do with the old system
of Irish ascendancy. Nor is English Protestantism of the
present day answerable for the difficulty of adopting a wiser
system. Sir Robert Peel long retarded that system ; and
' now, when he wishes to promote it, he is alike abandoned by
his friends, who dislike his ends, and by the public, who dis-
trust his means. But he seems prepared to draw his mantle
round him, and fall decently.
STANDARD.—The debate upon the second reading of the
Maynooth Bill, after six days' continuance, terminated this
morning at a little before three o'clock, when the House
divided as follows :—For the second reading, 323 ; against
it, 176 ; majority, 147. We may not conceal that we are grati-
fied by this result, but it is not a case for exultation.
The contest, in which we see opposed Members of ,
the same and of our own party—" cognatas acies"—arc
indeed the "bella nullos habitura triumphos." We cannot
triumph because one section of our friends has, even in a
cause which we believe to be politic and just, overcome
another section of our friends, commanding, perhaps,
even a greater share of our respect and affection,
than the victors. There is one circumstance connected
with this great contest, however, upon which we can look
back with unalloyed satisfaction, because it is impartially
honourable to both divisions of Conservatives. We
mean the perfect fairness and courtesy with which
the discussion was conducted on both sides. Nor
would we confine this praise to the Conservative party
only. Mr. Sheil and Lord John Russell,- and some
others of the regular Opposition, are justly entitled to
share in it ; and we think all must acknowledge
with Sir Robert Inglis, the honoured leader of the defeated
party. and a leader infinitely exalted by his noble though
unsuccessful struggle, that never was so long a debate so
little disgraced by deviations from candour or good man-
ners. Some sufficiently disgusting exceptions offer, no
doubt in the case of Messrs. ID'lsraeli and Macaulay, and,
though in a far less degree offensive, one or two others ; but,
on the whole the conduct and temper of the debate were ad-
mirable. Last night, as generally happens when an immediate
division is anticipated, the debate was highly animated. Mr.
Sheil and Lord John Russell spoke well. Sir R. Inglis said
whatever it was possible for an able and honest man to say
against the Bill, and said it with matchless ability. Sir R.
Peel never spoke with more perfect self-possession, or with
more complete success, than at three o'clock in the morn-
ing, at the end of a 'ten hours' sitting and a debate of six
days. He therefore has not yet sunk under the combined
assaults of Messrs. Babington Macaulay and Benjamin
D'lsraeli. We cannot expect the attention of our readers
for a retrospect of the arguments in this long debate, or
even for an analysis of the last night's proceedings ; it may
be useful, however, to point to a particular passage of Sir R.
Peel's speech which refers to that anticipation that more
than anything else has excited alarm in the minds of
Protestants. It will be remembered that the Chancellor of
the Exchequer distinctly disclaimed, on the part of the
Government, any purpose of proposing an endowment of
the Roman Catholic clergy, or any expectation that such
an endowment could be contemplated by any Ministry or
Parliament of the nineteenth century. Sir J. Graham on the
following night repeated the disclaimer on the part of the Go-
vernment, but let fall an acknowledgment that he himself was,
as an individual, not indisposed to such an arrangement. The
acknowledgment was unnecessary for the information of
those who remembered the Right Hon. Baronet's former
connexion with a party with which this endowment has
always been a favourite plan ; from which party Sir James
separated only because he would not consent to a robbery of
the Church in order to provide the means of the endowment
in question.

HIE FUNDS-(CLOSING PRICES.)

ONE
PRICES OF BRITISH FUNDS. O'CLOCK.
Bank Stock
3 per Cent. Reduced
3 per Cent. Consols
New 314 per Cents 101,414
Long Annuities to expireJan.lB6o 11 7-161,4
Ditto 30 years, Jan. 5,1860

CLOSING
PRICES.
2103%
98
99
101
111 h
11.Ai

India Stock
South Sea Stock
Ditto New Annuities
Consols for Account... ....... 99% 9914
Exchequer Bills, 1,000/., 60 58
Ditto 5001. .
Ditto Small

~.... 278

278
98%
9914
pm. 58
pm. 60
pm. 60

ONE
O'CLOCK.

CLOSING
PRICES.

PRICES OF FOREIGN FUNDS.

Brazilian Bonds

Buenos Ayres Bonds, 6 per Cent 44
Columbian Bonds, ex Venezuela 15S 161,i 161
Mexican, 5 per Cent. 1837 38V14 38% 38V
Ditto, Account 38%A1% ig
38 Ditto. Deferred
Peruvian Bonds, 6 per Cents 31% 31v
Portuguese Bonds, 5 per Cent
Ditto, Converted 6614 88
Spanish 5 per Cent. 1840.
Ditto, Account 0 6,, 30'
6
Ditto, Passive
French,
sDeferred
Cent .
..............
11811,:i4N 4
','
181sCil I /8
....181'
- ...... At

_.. C. 118 f. —c.
Exchange 2sf. 80c. 25f. 80c.
Dutch, 21/‘ per Cent . 631,‘ 6314.
Ditto. Account ..... ... ..... . 63,! 6334
Ditto, 4 per Cent., Certitic 9734 98 98
PRICES OF
II,IILIVAY SIIAItES PAID. AT ONE O'CLOCK.
CLOSING
PRICESArmagh, Coleraine, and
Aberdeen .................. 21;2 5% 474 ......... .47i
Portrush ................. 13/ ..
Birmin and Gloucester. 100 8 3 3 136 .
14 .............. 137
Ditto 1/2 Shares
...... 3 41 ... ...... 4%
Bri'ton, Lewes, &
.Hast. 10
• • 11
Bristol and Exeter ..... 70
Do. New Bristol and .... . ......... 2 ...... 81 ............
Gloucester... 30 ~... 62 ...
Caledonian
............... 5 ...... 13 12 .. ..
% 13
Cambridge and Lincoln 11/ .....• 9!414•••
Chester and Holyhead... 5 14 13. 414%
Churnet Valley ......... 2
Coventry, Bedworth, and 9,443
Nuneaton
Coventry and Leicester 141 ......
3
4%,‘

62

9 54
14/c7
9,4
5'
3,*