The Sun.
London, England, 1844-09-07 00:00:00

BANK ISSUES.

The Gazette of last night contains the following re-
turns under the new " Act to make further provision
relative to the Returns to be made by Banks of the
amount of their Notes in circulation." The period is
twelve weeks prior to the 27th of April last, and the
average amount in each case is certified by two of her
Majesty's Commissioners of Stamps and Taxes :
Chepstow Old Bank, Chepstow Bank, Mon- £
mouth Old Bank, Monmouth Bank, Brecon
Bank, and Ross and Herefordshire Bank, at
Chepstow—Brornage and Co.
Wrexham Bank, at Wrexham—S. Kenrick 3,289
Rugby Bank, at Rugby—Butlin and Co 17,260
St. Alban's Bank, at St. Alban's—J. S. Story 3,743
Northamptonshire Union Bank, at Northampton,
Daventry, and Wellingborough
National Provincial Bank of England, at Bir-
mingham, Bristol, Cheltenham, Exeter, and
other places
Harwich Bank, at Harwich—Cox and Co.
Baldock and Biggleswade Bank, at Baldock and
Bigglesw•ade and Hitchen—W. Hogg and R
Lindsell
Chesterfield and North Derbyshire Banking
Company, at Chesterfield 10,421
Knighton Bank, at Knighton—Davies and Co 9,090
Kington and Radnorshire Bank, at Kington—

Davies and Co v 26,050
Birmingham and Warwickshire Bank, at Bir-
mingham—J. L., J., and T. Moilliet 18,132
Bewdlay Bank, at Bewdley—Nichols and Co 18,597
Reigate and Darking Bank, Reigate, Croydon,
and Darking Bank, at Reigate and Darking—
J. Nash and T. Neale
Nottingham Bank, at Nottingham—A., S. G ,
J. 11., 11., and M. T. Smith 31,047
Norfolk an Suffolk Bank, at Diss and Botesdale

—T. Dyson
Naval Bank, at Plymouth—Harris and Co 27,321
Stourbridge Old Bank, at Stourbridge--T. Bate

and ,Y.'Robins

IMPORTANT SALE OF THE
SOMERLEYTON ESTATE.
This extensive and valuable property was brought
to the hammer by Mr. W. W. Simpson last week, at
the Mart, London, pursuant to the directions of the
Lord Sydney Godolphin Osborne, and, as might have
been expected, there was an attendance which com-
pletely filled the large room. The sale opened with
great spirit and competition, and the result was as
follows :

Lot. I. The Somerleyton Hall Estate, comprising
several farms, with two advowsons and exten-

sive manorial property, bought in at (but
which has since been sold to J. M. Pcto,Esq.)£B6,ooo
2. A Freehold Estate, in the parish of South-
town, was sold to Mr. Ilezekiali Martin, of

Southtown, for
3. Gorleston Ferry, the water passage over the
River 'tare, at Southtown, was sold to Samuel
Palmer, Esq., of Yarmouth, for
4. A Freehold Property, situate at Lowestoft,
was sold to W. Everett, Esq., for 250
5. The Advbwson of Blundeston, with Flixton,_

was bought in at 3,740
6. The Advowson of Carlton Colville was sold

to NV. Andrews, Esq., of Romford, for
7. The Advowson of Lound was sold to Benja-
min Dowson, Esq., for
8. The Advowson of Bradwell was bought in at 4,000
9. The Advowson of Oulton (reserve)

Making a total of £112,650

At the conclusion of the sale, Mr. Simpson ex-
pressed his high gratification and thanks for the honour
done him by an attendance so numerous and respect•
able.

TIIE WEATHER—THE CROPS.—For the last week
the weather has been most favourable for harvest work,
and we learn with much satisfaction that it has gone on
rapidly through the country districts. The wheat har-
vest is nearly everywhere finished, and the yield is de-
scribed as being productive, and the crop in good con-
dition. Indeed the complaints of any crops are not of a
character to cause uneasiness or apprehension, and
should we be favoured with a continuance of the present
genial weather, everything promises to go well with the
agriculturist in the south of Ireland.—Cork Southern
Reporter.

FROM THE EVENING PAPERS OF YESTERDAY.
GLOBE—The session of Parliament was formally
closed yesterday. The Joint-Stock Cabinet produc-
t:on—designated, by courtesy, " the Royal Speech"—
was on this occasion read by the Lord Chancellor.
This circumstance is a source of satisfaction.
That so wretched a composition—in which the
object and interest of its concoctors was
manifestly to say nothing, and thus to cast
veil over their own incompetency for conducting the
business of the nation with advantage—should have
been placed in the hands, and passed from the lips, of
our beloved Sovereign, would have excited regret. It
is bad enough that the country should be cursed with
so wretched a set of Ministers; it would increase
the mortification, for it would enhance the
incessant mischiefs they inflict, were the Queen
to be exhibited on the throne, as their
puppet, to speak a string of words of no
meaning, such as the Speech of yesterday was
constructed ef. The session is described in the
Speech as "laborious and protracted." If were
laborious," its labours were unproductive of good—
if protracted, the time it occupied in it, sittings was
unmarked by a single measure of national
The session of 1843-4 will be chronicled as devoid of
interest. It would be well if the most prominent of the
incidents which have occurred during its proceedings
could be obliterated from the records of Parliament.
Circumstances have occurred in the course of the
debates that have tended to lower the House of Com-
mons in the estimation of the country. Weakness of
purpose, shown by truckling to the dictation of the
Minister, have brought its character as an independent
branch of the Constitution, into discredit, if they do
not brand it with disgrace. The divisions on the ten
hours' clause of the Factory Bill, and upon the sugar-
duties resolution, will remain—a proverb ofreproach to
the assembly in which the inconsistencies occurred.
The Speech states, with more of swagger than is jus-
tified by the paucity of information it deigns to supply,
" that, by the justice and moderation of the two Go-
vernments, the events which seemed likely to inter-
rupt the good understanding and friendly relations
between this country and France have been
averted." In the House of Commons Sir Robert Peel
and Lord Aberdeen designated the conduct of the
French authorities at Otaheite " a gross outrage," fur
which " ample satisfaction" had been " promptly de •
minded," and " must be obtained." There is reason
to believe that these "brave words" were all of bravery
that the British Government displayed ; or that if they
were used in the discussion between the two Govern-
ments, their tone was soon lowered to a standard
more consistent with the craven courage which distin-
guishes the presiding genius of the Foreign-office. The
" gross outrage" to British honour has been atoned
for ; and the indignation it called forth from the Pre-
mier and his Foreign Secretary has been propitiated,
by the mere removal from the scene of outrage of M.
D'Aubigny, the functionary who perpetrated the
foul indignity on the British Consul, and the insult
to the British flag. His dismissal from the French
service, if required by the British Government, was
refused. Mr. Pritchard, who suffered personally and
officially from the violence of the French autho-
rities, is no longer to be entrusted with the func-
tions of a Consul. 'Without a single imputation upon
his conduct, he is sacrificed by his Government at the
altar of French sensitiveness. He was the victim of
French violence at Otaheite. He is the victim of
British injustice at home. This, in the language of
the Speech, is "justice and moderation." Every-
where else it is spoken of as a paltry concession to
French arrogance—a pusillanimous abandonment of
rightful clahns—a criminal indifference to the honour
and interests of the British name and nation.
Peace would not have been perilled by firm-
ness—it would have been preserved. Future causes
of difference between the two countries would have
been prevented, if in the di,cussions on the Otaheitan
question between the two Governments, a tone and
bearing had been adopted more consistent with the
position of the British nation, and with the nature of
the "outrage" upon our flag and representative, of which
we complained. The British Government affected to
feel, as it ought, when :speaking on the subject ; but
this feeling has apparently evaporated in sound.
The paragraph in which " the result of the session "
is summed up, is of the style usually designated
"slap-dash." It was evidently contributed by Lord
Lyndhurst, as his portion toward the Cabinet com-
position :—" The result of the session has been
a completion of many measures calculated to im-
prove the administration of the law, and to pro-
mote the public welfare." The only measure
which is specifically mentioned, as justifying this
high-sounding claim to legislative wisdom and
utility, is the Bank Restriction Issue Bill—a measure
Certainly not connected with the " administration of
the law ;" while the extent to which it will operate
to " promote the public welfare," is more easily
affirmed than demonstrated. We gave it the aid of our
general approval at the time it was brought forward.
We still think it calculated to place the monetary
transactions of the country on a sounder basis. But
who ever expected to see it paraded in the Speech, at
the close of the session, as the ground of a claim
on the part of the Government to a nation's praise ?
How miserably deficient must the session have shown
itself, when looking back upon their doings, the Cabi-
net, while concocting the Speech with which to close
its " laborious and protracted " proceedings, could
find nothing more important among them than this
mediocre production, to mention by name ! The
omission of all allusion to Ireland must strike every
one. There is more eloquence in this silence
than any words that could have been em-
ployed. 'We read in it the deep mortifica-
tion inflicted by defeat—the distracting diffi-
culties with which Ministers feel themselves sur-
rounded. They are not only at a loss what to do—
they are actually at a loss what to say. Speech fails
them—confusion covers them. "What ! not one word
about Ireland? Has not the dignity of the law'been
vindicated ? Has not the public peace been preserved
and the advantages of social order secured, by the
prosecution and condign punishment of those who at-
tempted to subvert them ? What has become of that
part of the Speech in which the policy of Ministers
in the government of Ireland was lauded by
themselves, as demonstrative of their wisdom and
energy ? 'Where is now that well-poised paragraph ?
The reversal of the judgment pronounced upon Mr.
O'Connell has converted their wisdom into foolish-
ness, and rendered them the objects at which a nation
points its finger in derision. They will be laughed
to scorn by the Irish people ; instead of being, as
they otherwise would have been, the theme of their
undying antipathy. Sir Robert Peel will learn
during the recess, that which he ought long since to
have known and acted upon—that he cannot govern
Ireland. The party with which he is associated, and
which endures him as its head, will not allow him to
act upon a generous policy towards a sensitive peo-
ple ; and that people will not submit to be nominally
freemen, while the Ministers seek to govern them as
though they were slaves.
STANDARD.—The Times has this day an ill-
natured article upon the Royal Speech. The tone of
the article, which makes a commentary upon the
Speech a vehicle for a personal attack upon the Pre-
mier, will surprise no one who has had experience
of the general " fault-finding" disposition of our
morning Contemporary, and has paid any attention
to its recent conduct towards her Majesty's Govern-
ment. The Times commences by an allusion to the
announcement of " the re-establishment of perfect
amity with France." This must be a bitter dove to
a journal which had laboured with so much assiduity
to prove the improbability of such a"re-establish-
,ment of perfect amity," and, indeed, hadl de oneth eose
its part
to render it improbable, if not impossible;
being thus bitter, it is swallowedviitshib- all dispatch.
The commentator then proceeds to commend the style
and structure of the Royal Address, somewhat equivo-
cally,. as " something more than an average,t.specimenof
the ordinary featherbed style of composition, lo?, and
.the
ordinary milk-and-water, pierc)s.o
contemptuous
information which
'this
_ontemptuous tone
such documents display.
f any Statepaper,
may be employe.d in speaking
eits;
whatever its merits, provided only that it has merits;
such documents,
if they are easy and clear in style,
and communicateinformation,_ which is at once
true and gratifying, satisfy, Nye presume, all
i
requirements. Doubtless f the Times had to write
a Royal Speech, it would season it with a few
sneers to please those who hate to hear any one, or
anything, commended without qualification, or with a
few anecdotes furnished, perhaps, by its "naval offi-
cer" correspondents., The paucity of " definite state-
ments' is, however, fixed upon as the great defect of the
Speech. What would our Contemporary have ? The
Speech announces peace abroad and at home, improved
activity in manufactures and commerce, a greatly aug-
mented revenue, and the prospect of an abundant har-
vest. eras the Speech to enter into particulars —to give
the statistical proofs in support of all these general
statements ? In that case we should compassionate
all obliged to listen to it. Let nobody imagine that
because these gratifying statements are necessarily
general, they are things of course. The experience of

" Bank of England, Sept. 5.
" At a Court of Directors, held this day,
" Resolred,—That the rate of -interest in London for
bills urn] notes discounted for the Bank of England be as
follows :

" Bills
" Notes
" Such bills and notes not having more than 95 days
to run."
By this notice the Directors plainly intimate to,
the moneyed interest that they intend to place the
Bank of of England in future with regard to pecuniary
accommodation on the same footing as any private
banker. Before the passing of the late Act, and
when no limit was fixed to the issues, they were re-
strained from entering into competition with the ge-
neral discount market by the consideration that they
were the regulators of the currency, and accountable for
its excess. Now that the Government have fixed the
limit of 14,000,0001., and also separated the two func-
tions, they no longer think any such precaution neces-
sary, and intend, in fact, to consider all the funds placed
in deposit with them entirely at their disposal for the
benefit of the Proprietors. Although this would appear
to be almost a natural consequence of the new Act, its
announcement to-day seems to have taken the moneyed
interest by surprise ; in fact, we have not found is any
quarter the least anticipation of it. The distinction
made in the notice between " notes" and " bills " is not
perhaps generally intelligible. In Bank practice, by
" notes" is meant bills of exchange drawn by merchants
and traders in or near London, while by " bills " is
meant likewise bills of exchange, but drawn out of Lon-
don, and preferred because a greater number of names
is usually attached to them. We only speak of Bank
practice in this distinction, for out of doors it is rather
laughed at as a distinction without any essential dif-
ference.
The object of this notice, without doubt, as already
hinted at, is that of advantage to the proprietors of 13ank
stock, but it does not follow that the great discount-
houses, who combined are scarcely less powerful than
the Bank of England itself, will allow the business upon
which they depend to be thus taken from them, and-it is
generally anticipated, therefore, that they will now
adopt still lower terms than those they at present re-
quire. As the Bank cannot in any case take the posi-
tion of a regular discount broker, who receives money,
on the one hand and lends it out on the other, they can-
not encroach upon their transactions ; and the chief dis-
advantage will therefore fall upon those who send money
for temporary employment to the discount-brokers, :and
who will now receive a lower rate, the broker's profit
consisting in the difference between the rate at which he
borrows and the rate at which he lends. Hence it be-
comes a matter of secondary importance to the discount
broker what rate he receives, and makes his competi-
tion with the Bank a very formidable one. On the pri-
vate bankers the measure might be supposed to have a
more serious effect, but borrowers generally are willing
to pay something for secrecy and confidence. Hence it
is.surmised altogether that the Bank of England will not
derive any great increase of business from this measure.

ECOLLMAN'S RAILWAY LOCOMO-

TIVE ENGINE.

The improvements Mr. Kol!man contemplates by
this new locomotive are of great importance, and, it'
carred into effect, would contribute much to the safety
of railway passengers. These improvements include
the capability of traversing curves of any required
radius, with sFeed, diminution of friction, ai.d in-
crease of safety; of ascending and descending inclines
of such gradients as have hitherto been deemed im-
practicable; of reducing very considerably the ex-
penditure in the original construction, and in the
maintenance and working of every department of the
system ; and of increasing materially the general
safety and comfort of passengers. The latter point
is certainly the most interesting to the public, 'for
though facility in ascending and descending inclines,
and the reduction of the expenses caused by
wear and tear, are matters of importance to
the proprietors, safety, is the great object of
the traveller. Mr. Kollman thus explains the
advantages to be gained in this respect by the
new plan—" The running off the line, to which, in
the present state of things, there is so frequent a ten-
dency, especially in curves of short radius, becomes
next to impossible. The reduction of the centre of
gravity to so low a position precludes the liability to
overturn ; whilst the attachment of the train through-
out its range to the guide rails by means of the hori-
zontal wheels, guarantees its security, unless the
whole machinery were disrupted and displaced. The
avoidance of that injurious and violent process of
grinding and sliding on the rails, inseparable from
the present defective state.of things, involving as it
does the unnatural expedients of coning the wheels,
and giving undue and more dangerous plai in their
lateral range, must not be regarded as a trivial advan-
tage; as by these means that oscillating and vibratory
motion peculiarly distressing to most passengers,
especially to females, as well as productive of inju-
rious results to proprietors, is entirely removed, and
the carriages will be found to keep the even tenor of
their way without swerving or jolting, however rapid
the transit on the direct line, or on such a curve as
might call into action centrifugal force."

The Queen Dowager will again take up her resi-
dence at Witley in a few weeks' time, and remain there
during the winter. Preparations have been going on for
some time for the reception of her Majesty, who, it it;
said, will have a number of distinguished visitors during
the season. Her Majesty is in the enjoyment of better
health than she has been for years past.— iVorcesterraper.
MR. .111AcAuLAy, M.P.—The Right Honourable T.
B. Macaulay, Member for Edinburgh, arrived in thart
town on Tuesday, the 27th ult., and is likely to remain
there all this week.—Scutsman.
ANOTHER LADY THIEF.—A female of respectable
appearance called on Monday last, on a respectable
family in Carriage-hill (a suburb of Paisley), seemingly in
great distress of mind, and pretending she was going to
Neilston to see a friend. Site sai 1 she had been robbed
in a tavern in High-street, Glasgo v, of all her property-,
cog sisting of 250/. in cash, a fine silk plaid, and other
arCcles, which accounted for the rather shabby shawl
she then wore. The money, the paid, and the thieves,
she said, had been discovered—the thieves in prison,and
the plaid and money kept as evidence against tiara. She
highlype people e on ti whomrespectable
gen-
tleman in Ilurlet. With the exception of her sh iwl she
The
was otherwise genteelly dressed in a fine brown silk
gow
Samaritans. Some of she
further said she was niece to a
goodfami
dthe morning discovered she
journey, carrying with her
been
called
eaaancibitdoea
about
tiltef ulotesuocrparanoers,
ctublomoofcnekngheioneto.r
which her kind entertainers had scraped toge-
ther.B"
s The woman has not since been heard of.—Gius-
dCireaaNiepnr-ostrerseseito,
nSttoratinlde,
DEAMESS.--I at ly Dr. Cronin, of
gem Courier.
successful treatment of
NERVOUS
thefe- attention of the me-,
eefficacytahMontana in thAe,
this distressing
paper was read last evening at the Strand Dispensary,-
with the intention of •
pointing out the peculiar cases in-
which this medicine has been used, and the result at-,
tending its application. In introducing several of the.
most distressing, the doctor remarked that all had the
advice of several of the most distinguished aurists in this-7
country, and many on the Continent, and that others hatl•
submitted to a most painful and useless operation of the,
throat, which invariably tended to make the hearing,
more imperfect. In illustrating the latter statement, the
\ lecturer noticed the case of a young man named Ryan,
1 residing at 13, Holland-street, Soho-square, who, for
slight deafness, had submitted to this operation, and suf-
fered so much from pain and loss of blood that he was
confined to his bed for a fortnight, from which he got up
very deaf, but by the use of Arnica his hearing was com-
pletely restored. Having forcibly remarked on several
cases similarly treated, the lecturer next alluded to the .
following interesting case :—Mr. Dupre, of Jersey, he
remarked, was completely deaf of one car for thirty
years, in consequence of the explosion of a gun on board
a frigate when in chase of a French frigate ; and that
the other had become within the last twelve months
nearly as bad, yet, although pronounced by an eminent
aurist in London incurable, within a month the hearing
in both ears was perfectly restored. Several other cases
were then noticed, after which the lecturer concluded his
lecture by remarking, he intended immediately to pub-
lish a report of the cases, the mode of preparing the
.rnice, and the method of usin it.