The Sun.
London, England, 1845-12-02 00:00:00

Gatgrtani, shows the, deplorri„ble stato a the. hov °Frt.;

France

of Tlier-
The Constztu. I "
recent decision of the Court of Cessation.
upon •
tionnel had published a rather severe criticism _
1.,
d had refused
Several of the journals complain in strung terms . a i ~,.
tragedy by M. Loyau de Lacy, an
,_ ,
sert the defence of that gentleman in the Via
in-
desired. Application was made ials to compel
, that he
M. Lovau and
his professional advisers considered
wtioththwehtpribu-:
~o be the law, and
ir.(erests, Or reputation, shall
n att.
thev,,h i c
hCacnies
ctilaturtieson
that
t oa
ny complypperson
o
acked by a journal in
it was decided by the Cour
Royale that a criticism upon, a literary production, in which
toof hriespl character,y ;
but
there is no personal animas against the author, is not of the
ah
have the right injurious
nature of attack for which a remedy is provided by law. On
an appeal to the supreme court this decision was reversed,
and it was declared that a simple designation okthe name of
an author gives him an absolute right of reply, which the
offending journal is bound to insert. It may readily be con-
ceived that this decision has caused great surprise, and given
much annoyance to the public press."
" The Kzpeur announces as a certainty that the adjudi-
cation of the Lyons and Avignon railroad vi ill take place on
January 15.
" The Moniteur contains a royal ordonnance ratifying
the adjudication of the Paris and Strasbourg and the Tours
and Nantes Railroads."

On Saturday the Three per Cents. closed at 81f. 70e.;
the Five per Cents. at 116 f. 75c.; the Orleans Railroad
Shares, 1,105 f. ; Rouen, 890 f. ; Northern, 660 f. ; Havre, 715 f. ;
Avignon, 830 f. ; Vierzon, 600 f.; Bordeaux, 560 f. ; Boulogne,
480 f.; Troyes and Montereau, 415 f.; Basle, 225 f.; Fampoux,
475 f. ; Belgian Two-and-a• Half per Cents., 55%.
The following are the quotations for other lines :-
Paris and Lyons Railroad (Laffitte), 51. premium; ditto
(Calon), par ; ditto (Ganueron), par ; ditto (Lapinsonniere),
par ; Paris and Strasbourg (Ganneron), par; ditto (Hin-
guerlot), 498 f. 50c.; ditto (Bechet), 4991.; ditto (Ay-
mard), 498 f.; Tours and Nantes (Mackenzie), par; ditto
(Drouillard), par; ditto (O'Neill), 499 f. 50c.; ditto (Le-
fevre), 4991. 50e. ; Lyons and Avignon (Talabot), 501 f.;
ditto (Lecointe), par; ditto (Compagnie Meridionale), par;
Bordeaux and Cette (Mackenzie), par; ditto (Espeleta),
509 f. ; Creil and St. Quentin (Kysaens), par; ditto (Ca-
rette), par ; ditto (Colbert), par; Charleroi (Kysaens), 470 f. ;
Caen (Delamarre), lf.
MARSEILLES, Nov. 25.-Marseilles and Avignon, 875 f. ;
Boulogne, 520 f. ; Vierzon, 662 f. 50e. ; Orleans and Bor-
deaux, 605 f. ; Nprthern, 6751.
LYONS, Nov. 27.-Marseilles and Avignon, 842 f. 50c.;
Paris and Orleans, 1,125 f.; Paris and Rouen, 9221. 50e.;
Orleans and Vierzon, 622 f. 50c. ; Northern, 665 f.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE

LONDON STOCK EXCHANGE, NOv.-29. - -
Anglo-Belgian — Mauritius
Boulogne and Amiens. 71/ Namur and Liege l3/4
Bordeaux &Mediterran North Jamaica ...
Bordeaux and Toulouse Orleans and Vierzon
Do. & Cette (Espeleta) Orleans and Bordeaux 914
Do. (Mackenzie's) .. Over Yssel
Callao, Lima, and Pa- Paris& Lyons (Laffitte) 1%
cific Coast
Central of Spain .. ,', Ditto (Calm's)... -
Ceylon .
Demerara
Dendre Valley ... Paris and Rouen . 35
Dutch Rhenish
Dieppe & Paris Jtinct — (Ganneron's)
Dijon and Mulhouse ... Do. (Aymard'e) l3/4
East Indian ....- ........ ',./ii Do. (Compte de L'Est) 1%
Fampoux & Hazebrouk Paris and St. Quentin.
Grt Northern of France Rouen and Havre
Constituted lOl/ Royal North of Spain.
Do. Pepin le Halleur — Sambre and Meuse .... 33/4
Great Paris and Lyons l% Strasburg and Basle ...
Great Western Bengal Tournay,Jurbise, Lan-
Great Western Canada 33/4 dent, and Hasselt...
Jamaica S. Mid. Junction Tours and Nantes
De. North Midland — (Mackenzie's)
Do. Extension
Jersey — Do. (O'Neill's). ......
Louvain and Jemappe l3/4 Trinidad
Lyons and Avignon.... Verona and Ancona —
Luxembourg .. l3/4 West Flanders 23/4
Madrid and Valencia...

HARBOURS OF REFUGE.
TO THE EDI7'OR OF THE SUN.

Sia,—l read with much pleasure the brief, but excel-
lent, letter on " Harbours of Refuge," which appeared
in The Sun of the 27th ultimo, and signed "R. S." I

hope with your correspondent " that the French Govern-
ment report will have its full consideration with our
Government." The very able and lucid document on
this highly important subject by Baron Charles Dupin,
and read by him before the sitting of the Royal Insti-
tute of France on the 17th ult., is of great national inte-
rest both to England and France, and cannot fail to at-
tract the most serious and attentive consideration of the
British Government. M. Dupin appears to possess a
clear and intimate knowledge of our coast and fortifica-
tions, and 'his remarks respecting the proposed break-
water in Seaford Bay (as suggested in the report of the
English Commissioners) are very striking, and remark-
ably decisive and corroborative of the importance and
commanding situation of that noble bay. "At Seaford,"
observes Baron C. Dupin, " there is a magnificent
anchorage," " which fortunately is at an equal distance
from Portsmouth to Dover;" and describes the situation
as "formidable" and "aggressive," and which "would
threaten, at the same time, all the French ports com-
prised between Havre and Boulogne ;" and adds that, by
means of a branch railroad, " there will be no difficulty
in getting from London to Seaford in less than two
hours." The great advantage of the approximate inland
harbour at Newhaven, so near to Seaford, is also ad-
verted to by M. C. Dupin, and which, from its capa-
bilities of improvement, promises to become one of the
most important ports of the English Channel, and, ere
long, a station for steam-vessels running to and from
France. The recent coast visit of his Grace the Duke
of Wellington must have convinced him of the desirable-
ness of carrying out the recommendations of the Har-
bour of Refuge Commissioners during his Grace's stay
at Seaford and Newhaven, and whose testimony of the
eligibility of the site, together with that of Baron Dupin,
will have no small weight with the decision of our Mi-
nistry. The French authorities are fully alive to this
national question ; let us hope that England may prove
so too !—some sudden disaster might unfortunately
plunge us in a war with France; but our southern coast
is in a sad state of defence, and no intermediate protec-
tion or refuge for merchant-vessels or war-steamers;—
and where such an immense amount of property and the
safety of thousands of sailors, but, above all, the
honour and security of Great Britain is concerned—
ought not pecuniary considerations to become secondary,
and of inferior moment, when the end sought is of per-
manent consequence, and having for its especial objects
the preservation and security of the lives and property of
our fellow-countrymen, and to repel any attacks which
might at any future period be made upon this favoured
isle ? _ _

I fear I have trespassed upon your indulgence, but
having frequently read the earnest entreaties, in your
editorial remarks, directing the attention of the Govern-
ment and Legislature on this momentous subject, and
particularly regarding " Seaford Bay," I doubt not you
will, if convenient, grant insertion to this in your
widely-circulated and excellent journal.
I am, Sir, very obediently yours,
Dec. 1, 1845. AN ENGLISHMAN.

(From The Sup of Last Night.)
.., was a dull ire.sket for Cotton at Livagool uu Satur-
,. Sales only 1,000 bags, at previous rates.
The fact that a very large amount of bullion has been
transmitted to the Irish and Scotch Banks previously to the
new Act relative to them coming into operation on the
6th instant, has scarcely been taken into account, in
considering the diminution in the stocks of the pre-
-010118 metals recently held by the Bank of England. For
Scotland alone, it is represented by a cerro.spondent
of the Times (a Scottish banker), that 2,000,C.001. .
and silver must I:,,veaft,', lid kept in the eoti- rs ;Ite buok,
of that portion of Great Britain. We have before stated that
a very inconsiderable amount of bullion would be required
for exports iion to the Continent, to pay for grain sent here,
and for the especial good reason that the stocks on hand there
are not over-abundant. But even were such to be the fact,
the managers of the Corporation would be pleased to be eased
of two or three millions in this way, as they have an im-
mense quantity of gold and silver on hand beyond their
requirements.
The last instalment of the loan guaranteed by Parliament
for carrying on public works in Canada has been called for.
The amount required is 60,0001., which will complete the
total sum that was allotted by the Legislature for the pur-
poses in question. The contract is too small to affect the
Money Market in any way. Tenders are to be made for it
on Friday next. The last bargain in -loan made was at 110.
It is held almost exclusively by rich men, and transactions in
it are of very rare occurrence.
The period having now passed for the deposit of plans,
sections, &c. with the Board of Trade, no time should be lost
on the part of the "promoters"—of Committees, whether of
" management" or " provisional"—to call meetings of those
interested, and to provide the funds for liquidating
all claims upon them. By the Act of last session, all such
"promoters," or by any other name whatsoever designated,
are held responsible for all expenses incurred. And it is
truly ludicrous to find men, who for months have permitted
their names to figure among lists of provisional committees,
now gravely informing the public by means of an advertise•
rnent, that his or their names were used without sanction,
and that they have " withdrawn " from them. Such indi-
viduals will, without question, find that the parties who have
claims upon committees of management will not let them off
so easily as appears to be contemplated. An example ought,
and must be made, of parties who, while premiums could be
obtained for scrip, said not a word about their names having
been used without sanction, but when an adverse state of
things occurs, endeavour to sneak out of the responsibilities
they have incurred.
There are no arrivals of importance to-day in the City.
The Funds have been rather more firm to-day. Consols
for Account have advanced to 9514, and for Money 95. There
is, however, not much business doing. Exchequer-bills have
fluctuated only from 19s. to 21s. premium. India Bonds
are at 38s. premium, and the New,Three-and-a-Quarter per
Cents. are at 95% Ih.
For the Foreign Funds a quiet market has prevailed to-
day. Spanish Actives hare been in request at 27%; and the
Ttillee per Cents. at 363%. The Dutch Two-and-a-Half per
Cents. are firm at 58%; and the Four par Cents. Certificates
are at 92. Mexican Stock opened at 3012, and is now at
31. The Portuguese Four per Cents. have advanced from
551/z to 57.
The Railway Share Market is in an excited state this
morning. Of the vast number of projects deposited regu-
larly, not a moiety is expected to pass the standing orders.

ONE
PRICES OF BRITISH FUNDS. O'CLOCK.
3 per Cent. Reduced 93%%
3 per Cent. Consols Annuities 94% % 95
New 314 per Cents. 95%%
India Bonds, 1,0001
Ditto under 1,0001................ 38
South Sea Stock
Ditto New Annuities ... 933
Consols for Account

Exchequer Bills, 1,0001., 19 21
Ditto 5001.
Ditto Small

CLOSING
PRICES
93%
95
9514
- •••

93%
95
pm. 21
pm. 19
pm. 21

ONE CLOSING
O'CLOCK PRICES

PRICES OF FOREIGN FUNDS.
Mexican, 5 per Cent. 1837
Ditto, Account 30% 31

Ditto, Deferred 10;
Ditto Account 57
Russian Bonds

17%
58
1121/2
271/6
27%
61/.2
1534
3634
3714

Spanish 5 per Cent. 1840.
Ditto, Account 27%
Ditto, Passive
Ditto Deferred 1534
Ditto 3 per Cent. 363/4
Ditto, Account
Dividends on the above payable in London.
French Rentes, 3 per Cent.
Exchange —f. —c. 25f. 70c.
Dutch, 2% per Cent .
Ditto, 4 per Cent. Certificates 92 92%
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES AT ONE O'CLOCK. PRICIS
Aberdeen
Aberdeen,Banff, & Elgin ..,...
Armagh, Coleraine, and
Portrush l%
Aylesbury and Theme.. 1%
Belfast & County Down 2%
Bideford andTavistock... 1% — .. . .....
Birmin. and Gloucester. 100
Ditto New 17%
Birmingham and Ox-
ford Junction
Birmingham & Leicester
Direct

Boston, Stamfd, & Birm. 223
Bridgewater &Minehead 425.

Bristol and Exeter 7O
Ditto, New
Bristol and Gloucester... 30 ......
Bristol and Liver. June . 2%......
Buckinghamshire
Caledonian
Ditto Extension
Cambridge and Lincoln 1% 3%..
Do. New
Cambridge and Oxford.. 1%
Canterbury and Dover.. 1% —
Central Kent 2%
Chelmsford and Bury ... 1% —
Chester and Holyhead... 15
Chester and Manchester 425.
Chelteaham and Oxford 2
Clydesdale Junction 5
Cork Blackrock, and
Passages .... 225.
Cork and Killarney ... 2%
Cork and Waterford ... 1% —
Cornwall
Coventry, Nuneaton, Bir.
and Leicester.... ll4 ......
Dartmouth, Torbay, and
Exeter .. ..... 425.
Derby and Crewe
Derby, Gainsbro', and
Great Grimsby . . 13,1
Derby, Uttoxeter, and .
Stafford
Direct Manchester

(Remington's)
Ditto (Rackstrick's)... 5 ...... 3% 4
Direct Northern
Direct Norwich 1
Dublin and Armagh 1%.....
Dublin and Belfast June. 5
Dublin, Belfast, and
Coleraine
Dublin and Galway..... 4
Dudley, Madely, and
Broseley
Dundalk & Enniskillen 2%
1 Eastern Counties 14/. 16s l9 181/
Ditto New 6/. 16s. 4% SIA p......
Ditto Perpetual, 5 per
Cent, No. 1....61. 13s. 41 3A p
Ditto ditto, No. 2...4/. 13s. 4d...
EastDereh'm andNor'ch 1
Eastern Union 25 .. ... ••
Ditto, Quarter Shares 21/t —
Ditto Extension
Do. Ipswich and Bury 17/ —
Do. Exten'n to Norw'h 21/s —
Do., Camb. and Ely.. 2%
East Lincolnshire
East & West of England 1% —
Edinburgh and Glasgow 50
Ditto, Quarter Shares 12% ......
Ditto, New ... 6
Edinburgh & Northern.. 114 — •••
Edinburgh and Perth... 1% — ... ..
Ely and Huntingdon ... 5
Enniskillen and Sligo ... 24
Essex and Suffolk .. ... 1% —
Exeter, Dorchester, and
Weymouth
Exeter, Yeovil, & Dorset 2%
Glouc., Aberystwith, and
Central of Wa1e5...... 1%...... •••
Goole and Doncaster .. 425.
Grand Junction 100 —
Ditto Half Sh ares 5O
Ditto Quarters 25
Grand Lblion l% ll/8 1%
Great 2astem &Westem 2% ...... 1,8 % ... ..
GreatGrimsby and Shef-
field
Great South. and West.

(Ireland)
Ditto Extension 7%
Great Munster 2% —
Great North of Scotland 2%
Great North of England..loo
Ditto New 5 —
Do. New .... .. ........ 2 — ....
Great Western BO ......143 142
Ditto % Shares SO
Ditto 1/1. Shares 2% l4 13
Ditto Fifths
__ _ _

Guildford, Fare'm,Ports. 2 LA.....
Harwich
Hull and Selby 5O
Ditto 14 Shares
1)o. Half Shares
Inverness and Elgin 1
Ipswich, Norwich, and
Yarmouth

fish North Midland l%
Isle ofAxholme 2%
Killarney Junctions ll4
Kendal and Windermere 1 Iy‘ —
Lancaster and Carlisle... 30
Lame, Belfast, and Bal-
lymena
Leeds and Carlisle
Leeds and West Riding
Junction
Leicester & Birmingham 225. — ..... -.-
Leicester and Bedfjrd... 225.

Leicester and Tamworth 425.
Liverp. and Manchester.loo ...
Do. % Shares
Do. Quarters. 25 —
Liverpool&Leeds Direct 2% .. ...
Lpool., Mnchstr, & New-
castle Junction
London and Birminghmloo 207 ... .....
Do. Thirds
Do. 1A Shares
Ditto Fifths
Ditto Extension ...... IAI — • •
- _

Ll%

80
4%

n
234

13%

54 P
3/4 P

81

% dis

98
20%
17%

London and Blackwall. 16/. 133.4 d. 8% 9
Do. New
Ditto Extension - ........ ...
London and Brighton
Do. consolidated Bths... S 5
Ditto, Sixths
London and Croydon, 13/. 15s. 9d. 1814%
Do. Guaranteed 5 per
Cent.
Lon., Chel., 0x.,G10., and
Hereford
London and Greenwich 12115 s 4d...
Do. Preference ...181173 2d —

3%
601 A

183,i
8%