The Sun.
London, England, 1844-10-30 00:00:00

Mania t ..41•1114

LONDON, WEDNESDAY, OCTOBER 30, 1844.

verted into money at the market prices of the day"),
is this, that it " makes all improvements the property
of the tenant, as they ought to be, and proteks tht
tenant in the tnjoyment of the legitimate fruits of his
own industry." Upon the third remedy he contends,
that upon Mr. Nimmo's report that the drainage of
the waste lands of Ireland, about 3,000,000 out of
5,000,000 of acres being worth that process, at the
expense of 11. per acre, would reclaim, at 'M. the
acre, which would then be their value, land to the ag-
gregate amount of 60,000,0001. sterling, and provide
an incalculable mass of employment and amount of
wages for the Irish people. The letter (which we
reprint) will well repay the reader's perusal.

w ith being mere lookers,on, watching the progress of
events, and biding their time to act as circumstances
shall seem to warrant. Just now there is a complete
lull in Ireland. The spirit of agitation has gone
fairly to sleep. One body of the Repealers is discou-
raged; another is doubtful and hesitating ; and a third
—the Triennial Parliament men—would appear to have
no sooner entered the field of political controversy than
to have retired from it, disappointed at the arrant
failure of the motion in the Dublin Court of Alder-
men, of their Corypheus, Dr. MAUNSELL. But to re-
turn to the question of Federalism, the most prepos-
terous of all the preposterous crotchets of the day.
Here is the language in which it is spoken of by a
Liberal journal in the north of Ireland :—"lt requires
no great stretch of imagination to picture a set of
Repealers practising the goose-step, a sort of Repeal
Polka; but it would require a vast effort of fancy to
imagine them practising anything else. We have no
difficulty, however, in understanding how the worthy
Repealers are ready to admire the performance of
the fresh piece ; but we are not, at present,
able to comprehend the folly of those who
are captivated, or are likely to be captivated, by
the humbug of Federalism. We are very willing
to make allowance for human fancies and vanities,
but that a set of brave and sensible men should set
about advocating Federalism, would appear to be
pretty nearly an impossibility, if we had not large
experience of human folly. We have heard of new
political combinations. The Federalists threaten us
with their nostrum ; and we are very anxious to see
their prescription, though we do not anticipate much
benefit from it." We doubt much whether there is
the human being in existence—unless, indeed, he be
hopelessly blinded by his prejudices—who anticipates
any benefit to Ireland from the Federal principle.
So far as we can ascertain, it is nothing more than a
proposition for a Parliament which shall have
neither influence nor authority, except to dis-
cuss and carry measures of the merest retail
character. A total and unconditional Repeal of the
Union we can understand, strongly as we
epudiate the idea ; it is a hold, dashing, straight-
forward crotchet, but Federalism is a petty sneaking
conception, with this additional disqualification, name-
ly, that it is just as impracticable as the former
scheme. How is it to work ? In what spirit is it to
work ? What are to be the exact limits of its legisla-
tive powers ? These are questions more easily asked
than answered, and the originators of the project seem
to be in no hurry to enlighten us on this head. In his
last manifesto from Derrynane, Mr. O'CONNELL
warmly praises Federalism, and even gives it the pre-
ference to unqualified Repeal ; but he does not vouch-
safe to tell us what is its particular character, or in
what way it is to benefit Ireland. He leaves his
readers in the dark upon both these points, and yet
expects that they will embrace a principle which is
nearly, if not quite unintelligible, merely because
it hears a Derrynane imprimatur ! Federalism,
like Repeal, will never answer any other purpose
than to keep Ireland in a state of incipient uneasiness,
and this our Irish fellow-countrymen will find out
ere long, but not before they have suffered bitterly
from experience. " There is, or might be, another
party," adds our northern Contemporary, " that
could do vast good—the party of the country—the
party that would act rationally for the public good
and that would not be influenced by bigoted power on
the one hand, nor propelled by mere authority on the
other. We are in want of such a party, and we do
not despair that it will be found." Judging from
present indications, we should not say that the ele-
ments of this party are very rife in Ireland, still we
are willing to hope with our Contemporary that the
want will ere long be supplied, and that, when the
Repeal and Federal crotchets have had their day,
common sense and an enlightened spirit of patriotism
will assume the ascendancy over men's minds in the
sister country.

Accounts from Madrid of the 21st state that the
Committee appointed to draw up the address in reply
to the speech from the throne had adopted the prin-
ciples contained in her MAJESTY'S speech, and that
the majority are in favour of the new Reform Bill.
Little doubt existed that it would be adopted by both
Chambers unless their labours should be interrupted
by insurrections in Catalonia. Measures are evi-
dently in progress for rising in various places. In
the French depots the Spanish refugees have given
such symptoms of a general movement that several
arrests had been made at Carcassonne and Narbonne.
Some had been arrested at Bordeaux. Brigadier
AYMERICK, Military Governor of Madrid under Es-
PARTEEO, had made his escape from Valladolid, and
every effort to capture him had proved useless.
The Herald° makes the following remarks on the
threatening appearance of affairs :
" Notwithstanding the fears and the premonitory
symptoms of an Esparterist attempt to disturb the ex-
isting order of things, we do not believe that any such
attempt can succeed in the present situation of affairs.
The time is past when the army, deceived and surprised,
served as the instrument of revolution. The 700,000
bayonets of the National Guard, of which Espartero
boasted, have disappeared. The municipalities and pro-
vincial deputies arc no longer clubs for conspirators.
The only hope of the Esparterists rests in the disunion
of the Moderate party. We do not believe that any
such division exists. It is unfortunately proved, how-
ever, that a vast conspiracy had been organised, and that
the province of Catalonia was to have been the first
theatre of the deplorable excesses of the artisans of re-
volution. To overthrow the existing order of things, to
drive the Queen from her throne, or to keep her in
tutelage, such is the object of the men who announce
themselves friends of progress. A terrific progress
which can only advance through pillage and massacre.
Fortunately these sanguinary plans have failed in con-
sequence of the energy of the Government and the zeal
of its delegates."
Madrid Bourse on the 21st.—Three per Cents.,
251, cash ; Five per Cents., 20, at 60 days.

The only news in the Paris papers is from Africa,
which is of an unfavourable character. The Moors
seem determined to allow the French no rest in their
new settlements, and during the absence of AI3DEL-
KADER fight with as much determination and skill,
as if that enterprising chief were at their head.
however peaceful may be the outward appearances,
the native hostility of the people is constantly break-
ing forth, either by sudden irruptions, or by risings
in the neighbourhood of some French garrison, ap-
parently reposing in the most profound security.
The following intelligence, copied from the Algerie,
of the 20th, appears in all the Paris papers of Sun-
day :—" Events of a very serious nature have just taken
place at about ten leagues from Dellys, in the part of
the country not yet subdued of one of the three
Agalicks organised by the Marshal upon his departure
for Morocco. At the very moment that General
Comma/I was about to quit the country, which he
fancied in a state of tranquillity, in order to return
to Dellys, and thence to Algiers, he was informed
that the Kabyles were again collected, and in
a very numerous force. Assured of the
truth of this information, he formed his small
body of troops into three columns, which
he :ordered to march towards the spot where
ttei.Cabyles had gathered. The column commanded
by. Colonel SAINT ARNAUD arrived the first, and was
obliged to sustain alone, for a great length of time (it
is said that the combat lasted six hours), the onset of
the Kabyles, three or four times more numerous than
itself. It defended itself with vigour, and had almost
entirely exhausted all its ammunition when the other
two: columns came up. One of them, commanded by
Colonel FORET, one of the most distinguished officers
of the French troops in Africa, had been delayed by
the bad state of the roads, and by the attack of
another body of Kabyles, which came to increase the
already numerous body of the combatants. It is re-
ported that 29 men have been killed, and 130
wounded, among whom are more than 12 officers ;
one of whom has been obliged to:suffer amputation.
I steamer arrived in the evening of the 19th, with
106 wounded, and an account of this unfortunate
affair. The Marshal immediately gave orders for the
departure of all the troops of the 3d leger, and of the
53d of the line, which still remained-at Algiers, and
embarked himself with his staff and his aides-de-
camp, determined not to return until everything
should be terminated in that part of the country.
The squadrons of Spahis of Blida and Medea, to the
number of three, have received orders to march im-
mediately for the Maison Carree, where Colonel
YOUSSOUF will await them to direct their movements
upon Dellys. There are already three squadrons of
the 3d Chasseurs upon the spot."
A correspondent of the Siecle gives another version
of this unfortunate affair :

If it be true that no difficulty, not involving
moral or physical impossibilities, is invincible, Mr.
THOMAS ATTWOOD may live yet to witness the legis-
lative adoption of his ➢ong and fiercely denounced
currency doctrines. Sir R. PEEL, we apprehend,
will discover it to be rather a more laborious matter,
next session, to provoke a " derisive cheer " against
the worthy ex-Member for Birmingham, than he
found it to be on bringing forward his Bank Charter
Bill a few months ago. The best clap-traps—the
most cleverly seasoned or adroitly disguised—are de-
tected, at last, in the House of Commons, as well as
at other theatres ; and they who have used them the
most freely and successfully are the most certain
objects of commensurate resentment and disgust with
the audience which detects them. The elaboration
of the disguise is not permitted to excuse the decep-
tion. The "pilula" nauseates, despite the careful
observance of the instruction, " volvetur aurato folio"
—(incredible as such perverseness may appear to a
bullionist)! At the reassembling of the House of
Commons next spring, the Premier will attempt, in
vain, to play off, on the " men of Birmingham," those
carefully studied bursts of ingenious wonderment at
other folks' wrong-headedness, which they who read
Sir ROBERT best, term his " Joseph Surfaceism."
The alarm, indignation, and energy of the Scottish
banking and commercial public—powerfully repre-
sented in Parliament, and arrayed against the pro-
posal (to the attainment of which the Premier has
distinctly pledged himself) fur subjecting Scotland to
the disaster and ruin consequent on the infliction of
his gold-equivalent scheme ;—these feelings are too
intense to be whistled down by his sorry jokes, or
his uncandid allusions. Mr. ATTwoon, on the other
hand, may enjoy the honest consciousness of having
been amongst the earliest detectors of the fraud of the
Currency Bill of 1819, whereof this last is avowed
to be the complement, and of having given to the
whole scheme upon which these enormous sacrifices
to the Usury power of the kingdom have been
hazarded, his unqualified and uncompromising oppo-
sition through all good and evil report. He may
claim, too, the honour of having rallied round him a
large school of proselytes, although these may not
concur with him in all his views, or carry them to

" ALGIERS, OCT. 20.—T0-day the Sphynx steamer
has arrived from Dellys, with 100 wounded, and several
more have remained at Dellys ; there are besides fifteen
officers wounded (two of them mortally), and thirty-five
privates or non-commissioned officers have been killed.
General Comman had for a month past been moving
about Dellys without encountering much opposition ; a
few days ago he would go to the Flipat-el-Bahara,
fraction of the Flipat on the seaside. Bel-Kassem had
sought refuge there, and organised a resistance. As at
the Col of Tenialt, stone redoubts had been raised.
General Comman determined on attacking them. Colo-
nel Saint Arnaud, with the 23d Regiment, was to carry
them by a front attack, whilst Colonel Furey turned
them by the right. The latter experienced great resist-
ance, and was unable to reach the rendezvous in due
time. Colonel Saint Arnaud bravely carried the redoubt
without firing a shot ; the Arabs, according to their cus-
tom, retreated after their first and only discharge, which
put thirty men hors de combat. Our troops, being masters
of the redoubt, awaited for six hours the arrival of Col.
Forey. When he came up night approached, the ammu-
nition and provisions had remained in the camp, and it
became necessary to return to it. The retreat was
effected in good order ; but the engineers, who were in
the rear, had two officers wounded, and twelve men hors
de combat. After this engagement, which took place at
about fifteen leagues east of Dellys, the troops re-entered
that town. The Marshal Governor-General, on hearing
of this serious affair, in which, despite our severe loss, we
have had the advantage, has immediately ordered the
departure of four battalions of infantry that have just
arrived from Morocco. The Marshal himself proceeds
to Dellys to-night. Three steamers, the only ones now
in the harbour, are to convey these four battalions (2,000
strong), which are to reinforce the 1,500 men under com-
mand of General Comman. To-morrow, at dawn, they
will be in the enemy's country, and on the 23d or 24th at
the latest hostilities will be resumed."

the same extent. In the present movement of the
Scottish bankers, and the invaluable exertions and
tracts of the " Society for the Emancipation of In-
dustry," he must find indications of responsive
opinion on one of the most vital questions which
can occupy the public mind, that are calculated
to compensate him for much of that ungenerous
criticism and rancorous disparagement which he has
experienced at the hands of influential public men, of
far less practical acquaintance with that question, and
far less honesty of purpose in dealing with it.
.Mr. THOMAS ATT WOOD has just republished in the
Morning Post a letter, in which he proposes " some
real remedies," as he emphatically characterises
them, " for Irish distress and disturbance." He
suggests the introduction into that country of the
Jersey tenure of land, of which, he says, that it is
undoubtedly the wisest and the happiest in the
world. If you could prevail upon a single Irish

The Journal des Dcbats contains the following re
marks on the new move in Ireland :

" The repeal of the union is no longer agitated. That
symbol has done its work, at least till a new order. Mr.
O'Connell himself feels that he must no longer abuse it,
and he has locked it up, always reserving the right to
bring it forward when occasion requires. Repeal is,
therefore, buried for the moment ; and the long and
diffuse letter which Mr. O'Connell has lately addressed
to his countrymen, may be considered its funeral oration.
We know not, in fact, which we should admire the most,

landlord to divide a few thousand acres of land into
small allotments of fivi, ten, and fifty acres each,
building upon them decent cottages, and letting them
upon perpetual transferable rents, estimated in bushels
of wheat, of oats, or of potatoes, convertible into
money according to the varying average prices at the
county town, you would be instrumental in setting
in motion a vast Conservative principle, which would
promote the riches of the landowner and the comfort
and welfare of the tenant and labourer equally. The
landowner would secure for ever a fair and just rent,
and when the tenant found that all his improvements
would thus become his own, he would quickly ac-
complish wonders in the state of cultivation. The
landowner might at all times convert his transferable
rents into money by sale in the markets, which
would ensure him more than the present value of his

land. He proceeds, in his printed letter, to indicate
the course of remedies he would prescribe for the
evils of Ireland. 1. The Legislature must rectify

the currency in that country as well as in England.
2. It must pass a law to limit and restrain the power
of ejectment exercised by Irish landlords on their
tenantry. 3. It must facilitate the means of draining
the Irish bogs on a great scale, like that projected by
Mr. NIMMO, the engineer. With regard to the effect
of the first of these measures, he holds that "it
would at once make the currency balance the rents
and obligations which it has to discharge, and the
labour winch it has to employ, which state of em-
ployment and its wages would be about the same as
they were on the average of the ten years closing the
last war." As to the second, he shows that the opera-
lion of
olafwa otfenJaenrts,eysa(vwe hbiychhiws iollwnnot theso
long as he _ consent,Permit
pays a fixed stipulated corn-rent, con-

the rare boldness of Mr. O'Connell, or the still greater
docility of the Irish people. During a whole year, with-
out counting preceding periods, the great agitator of
Ireland has preached repeal—repeal—nothing but repeal.
He turned all heads, excited all imaginations, raised all
passions, and almost went to the verge of civil war. Then,
one fine day, he found out that he was on the wrong
road, that he was in a blind alley, and that he must turn
about, or be brought to a full stop. The position was
difficult. Continue the campaign of repeal—convoke new
meetings—organise a new crusade against the Saxon,
was a thing impossible for a man of intellect. The last
limit of legality was touched, and one step more in that
track must have called forth the force of Government to
cut short the question. Mr. O'Connell knew well that
the superiority of force was not at his side. On the
other hand, the attempt to stop short the passions which
he had excited was not without danger to him. Already
Young Ireland complains—several protestations are
made in one place or another, and one of the companions
of the captivity of Mr. O'Connell, the editor of the Na-
tion, has gone the length of publicly blaming the mani-
festo of his leader. It is almost unnecessary to say that
this new form of separation has as little chance of success
as that which it replaces; and that federalism is not more
substantial than repeal."
The Moniteur contains three ordinances, giving the

--...,...m.............•
So far a.swe can gather from the Irish journals, the
cause of Federalism does
country
appear to be making so
much headway in the sister
as Mr. O'Co-
NELL, and those who think wiothht7len sr
on this subject,
seem to have anticipated. The
enthusiastic
and determined among the RePear:sre
said to be represented by that high-spirited but some_maybe
what Quixotic paper, the Nation, stand coldly
and
sullenly aloof, if they do not meditate an active
oppo-
sition to the new crotchet ; while the more moderate
and timid party content themselves for the present

royal approbation to the adjudication passed on the
15th of October, for the concession of the Amiens
and Boulogne Railway to Messrs. LAFFITTE, BLOUNT,
and Co.; on the 9th of October, for the concession of
the Orleans and Vierzon Railway to Messrs. BAR-
TUOLGMY, BENOIST, BOUSQUET, and Co. ; and on the
same date, of the concession of the Orleans and Bor-
deaux Railway to Messrs. LAURENT, LUZARCHE,
MACKENZIE, and Co.

At TORTONI'S, on Sunday, the Three per Cents.
were quoted at 82f. 18c.

Ht SIJN, LONDON; WtDVESDAY MORNING, OCTOBER 30 1844.

UNITED STATES.
LIVERPOOL, MONDAY EVENING. I
'The ship Patrick Henry, Captain Delano, arrived
here this afternoon from lieW York. She sailed on
the 7th; and brings advices three days later than £he
previous arrival, laving yorfanned the run in a few
hours more than twenty days.
The dates from Rio Janeiro are two days in a -
vance of those which came direct by the Government
packet. The Journal do Comm rcio contains an
account of a rupture between the Commander of the
British brig of war Alert, Captain Bosanquet, and
Captain Dumas, of the brig Cyrus, of New Orleans.
It appears that when lying off Calinda, on the coast
of Africa, the British captain came alongside of the
Cyrus, and suspecting her to be a slaver, demanded to
see the brig's papers. This the American Captain
refused, and at length the box, or chest, containing
them was broken open, and the documents were
examined by the Captain of the English vessel, he of
the suspected brig protesting against the proceeding
in loud and indignant terms. It is added, that after
the British Captain had left the Cyrus she was sold
to the Portuguese, and immediately filled with slaves.
During the altercation, and before the sale, the
British Captain is reported to have said to the Ame-
rican, " The reason you cannot show me the papers
is, because you have sold your vessel—l was told so."
The American Captain's version of the affair is evi-
dently exaggerated, and contains a great deal of idle
bombast, such as the " American flag trampled upon
by the British ;" " our flag is insulted, it will cost
the English nation dear, &c., and he accuses the
English Captain of being a coward, and turning
pale I" His letter is published in the American
papers, and duly penned with imposing capitals and
notes of admiration. The writer clearly calculated
upon the morbid jealousy of his countrymen respect-
the right to search suspected slavers, carrying the
American flag, and the rhodotnontade in which he
indulges, however ridiculous it may appear on this
side of the Atlantic, has made, and will continue to
make, some stir on the other side.
Mexico, it would seem, is in earnest about the in-
vasion of Texas. An account from Vera Cruz states
that General Ampudia had passed through that city,
to take the command of the troops raised for the ex-
pedition, and that the army was ready to march by
way of San Luis Potosi.
The accounts from Monte Video give a more
favourable turn to the position of the Rivorista party.
The army of that leader had taken possesion of the
town of Salto. No light is thrown on the movements
of the besieging army, nor on those of Oribe. Rosas,
through his organ (the Gazeta Mercantil), was en-
deavouring to disprove the atrocities with which he
was charged, by turning the tables upon the Unita-
rians. Orders had been issued by the Dictator to
allow coasting vessels to carry goods to Paraguay,
and to permit the re-shipment of dour and wheat in
bond to Santa Fe, Entre Rios, Paraguay, and ports
[n the Oriental State not in the possession of the

MOtfEY MARKET and CITY NEWS.

MESPAY EVENING.

The Funds leave off somewhat firmer this afternoon ;
Consols,being 99i to par for Money, and par to 1004 fox
Account. The new Three-and-a-Quarter per Cents.
ttre loii to R. The other Securities remained as in
the morning.
A slight decline occurred in &vanish Stock, the Five
per Cents. being 23i 1, and the 'three per Cents. 34i to
Portuguese Converted were fully supported, but
Brazil Stock rcts.ded a trifle, being at 85.
The additional trann,..itions in Railway Shares have
been these:—Churnet Valley were 13; Ely and Bedford,
; Great Southern and Western (Ireland), 6f ; Great
Western, 63 ; Kendal and Windermere, 43; Lancaster
and Carlisle, 33; South Western, 32k; London and York,
1; Manchester and Leeds, 40 to 41; Midland, 5 ; Newcastle
and Darlington. 23 to 26; North British, ; Norwich
and Brandon, New, 11 to 3 ; South-Eastern, 10; Yarmouth
and Norwich, 41; York and North Midland, 61; Do.
Half, 304; Do. Scarborough Branch, 29 to 3; Central of
France, Constituted, ; Boulogne and Ameins 2i- to s ;
Orleans and Tours, 2-g- ; and Paris and Rouen, 20 to It
premium. Eastern Counties have been 113; Blackwall,
101, and Greenwich, 23 discount.
There was an improvement in the exchange on Ham-
burgh, Frankfort, and Paris, this afternoon, and on the
other cities the rates were firm.
The following is the official return of the exports of
Bullion from the Port of London for the week ending
Thursday last:—Silver bars to llamburgh, 77,000 oz.;
Do. to Rotterdam, 40,000 oz.

enemy.
The yellow fever, which during the last and some
preceding years, was so violent at New Orleans, has
this year been unusually mild—so much so, that it
was comparatively harmless.
Pensacola, in the United States, had been the scene
of a destructive fire. Thirty-five buildings, com-
prising half of one of the principal squares, had been
destroyed.
The United States papers continue to be filled with
accounts of the elections for the Presidency. But
little clue, however, can be formed, so conflicting are
the statements as to the ultimate result.
The Cotton Market in New York was unsettled,
and the amount of business doing was small. The
accounts from Georgia state, that a severe frost had
been highly injurious to the crop, but statements of
this kind are received with becoming jealousy in
England. The Exchange on London, was firm at
10941 to 110, and on Paris at 5 22f.

(From The San of Last Night.)
The sales of Cotton at Liverpool yesterday were 6,000
to 7,000 bales-500 Surats, 400 American, being on spe-
culation. Prices romain steady, and mid. American
was firmer. The sales comprised 1,000 bales Surat, at
21d. to 3d. ; 150 Bahia, at 51d. to 51d. ; 200 Pernam, at
51d. to 52d. ; 200 Egyptian, at 51d. to Bd. ; and Ameri-
can at 31d. to sd.—There was a slight improvement in
Shares. Birmingham and Gloucester, 103 ; Chester and
Birkenhead, 31i; Dublin and Belfast, 41 ; Eastern
Counties, 131. 6s. 3d. ; Grand Junction, 206; Ditto, Half,
103; Great Western, 1071 ; Kendal and Windermere,
54 ; Lancaster and Preston, 132 ; Liverpool and Man-
chester, New, 322 ; London and Birmingham, 212 ;
Ditto, Quarter Shares, 241; London and York, 68s. 6d. ;
Direct Northern, 21; Midland Counties, 105 ; North
Union, 132; South-Eastern, 434 ; Ditto, New, 16.1 ;
Ulster, 39 ; Paris and Orleans, 392 ; Paris and Rouen.
40 ; Paris and Strasbourg, 455. 61. ; Orleans, Tours, and
Bordeaux, 31 ; Boulogne and Amiens, 41 ; Central of
France, 41. Bs. 9d.
In the commercial advices received from the United
States to-day, there is little of interest. A;good spring
trade is looked for.
As to " City business," there is very little to note
to-day. Merchants, bankers, and others, have scarcely
resumed their wonted activity, after the grand display
and excitement of yesterday, occasioned by the opening
of the Royal Exchange by her Majesty the Queen.
To-morrow promises to be an active day in the pro-
duce markets.
The Stock Market is rather lively, but there seems
a disposition to meet the buyers, and conseqaently the
quotations are not higher. Consols for immediate
transfer are 992 4, and for time 994 to par. Exchequer
Bills realise 70, to 735., and India Bonds 91s. to 925.
premium. Bank Stock is worth 203, India Stock 286 to
287, and South Sea Stock 114 The New Three-and-
a-Quarter per Cents. have been 1012 to 8, and the Three
per Cents. 99 to -k.
The Spanish Securities are still flat. The Five per
Cents. obtain 23i31 1, and the Three per Cents. 341 /.
Mexican Bonds are 341 1 ; Columbian, 141, and
Brazilian, 852. Chilian Deterred were 55 ; _Belgian
Bonds are 1041 ; Dutch Two-and-a-Half-per Cents.
realise 621 to e. Portuguese Converted have been
524 to 531.
The Railway Shares are rather firm, and there is a
moderate business doing in them.
PRICESIOF BRITISH FUNDS AT ONE O'CLOCK.
(From the Official List.)
Bank Stock .....»....».«....».......».».» 203
3 per Cent. Reduced Annuities .....»....» 99%
3 per Cent. Consols. Anns
New 3 per Cent. Annuities
Long Annuities, Expire sth Jan. 1860 l2
Ditto 30 Years, Expire 10th Oct. 1859
Ditto 30 Years, Expire sth Jan. 1860.
India Stock
India 80nd5,1,000.......... ....... ..... 91
Ditto under ......... 92
South Sea Stock 114a4
Consols for Account --- 100 99;
Exchequer Bills.
1,0001.

I%d.
•••••••••••• 73 72 pm.
OO . 71 70 pm.
000 .
Ditto 00000 71 70 pm.
Ditto Advertised.........

LETTER OF MR. T. ATTWOOD.
(Communicated to -the Morning Post.)
In the spring of the year 1833 I had the pleasure
of meeting Mr. O'Connell at the Thatched House Ta-
vern, in St. James's-street. I had then had, as I still
have, but little assistance from public men of any
party ; but I had then a sincere gratification in hear -
ing Mr. O'Connell declarelto a meeting of about fifty
Members of Parliament and others that, " upen his
honour and his conscience, he did believe that three-
fourths of the miseries of his unhappy coun-
try were occasioned entirely by that accursed
Bill, viz., Peel's Bill of 1819 !!' Mr. O'Connell
at the same time illustrated this great truth
in a way most impressive, but almost
peculiar to himself, by stating, " that, if the American
woods had never been allowed to be cut down with-
out every man being compelled to use a golden axe,
the American woods would have remained in their
primeval state to this day !!" In following up this
beautiful illustration, I remarked myself that, in my
humble judgment, in the present state of society, to
campel all the transactions of life to be effected in a
golden medium of exchange was very much like
compelling every labourer to use a golden plough and
a golden spade in the cultivation of the earth, and
putting every child to death that had the misfortune
to be born without a golden spoon in its mouth.
I then proceeded to point out the principal mea-
sures which were really necessary for the relief of
Ireland. First, I said, you must rectify the currency
in Ireland, as you must in England. That great
measure will, at once, make the currency balance the
rents, debts, and obligations which it has to discharge,
and the labour which it has to employ. It will place
labour in the same state of employment and of wages
as existed during the ten years average, ending the
late war, or even in a much better state. It will place
productive industry generally in the same state. It
will thus relieve full one-half, or, perhaps, two-thirds of
the existing misery of Ireland. Secondly, you must
pass a law to limit and restrain the power of land-
lords in ejecting tenants of land in Ireland. In Jer-
sey and Guernsey, no landlord can eject a tenant,
without the tenant's consent, so long as the tenant
pays a fixed stipulated corn-rent, converted into
money at the market price of the day. In this way
all improvements become the property of the
tenant, as they ought to be ; and if the landlord
wishes to obtain possession of the land, he must make
his bargain with the tenant, and pay him a just and
reasonable consideration. Thus the law protects
the tenant in the enjoyment of the fruits of his own
industry, which cannot be either twisted or forced cut
of his hands. The landlord is not injured ; for, by
the improvements of the tenant, he gets every day a
better security for the value of his land, in which the
tenant becomes interested, and, in those happy and
well-governed islands, is generally a part pro-
prietor, a tenant, and a labourer at the same time.
Establish a system of this kind in Ireland, or
some other system of a similar nature—give pro-
tection to the tenant for his improvements on the
land—and you will quickly produce a wonderful
change is that unhappy country. You will have no
occasion for agricultural societies. Nature herself
will produce agricultural improvements, which no
art can give. The Irish landlord will get his own,
and the tenant will get his own, but the property of
the tenant in his land will quickly become as great as
that of the landlord; the labourer will be fully em-
ployed and well paid ; both agriculture and manufac-
turers will flourish, and Ireland will soon blossom like
a garden.
But, thirdly, you must drain the Irish bogs. You
must not regard the low pride and the miserable pre-
judices of the Irish landlords, who will tell you of their
entails and of the territorial dignity which their familes
derive from extensive although almost worthless posses-
sions. You must pay them the full and just value
of these possessions ; or you must pay that value twice
over, and take them into your own hands. Mr. Nimmo,
the Government engineer, reported to Parliament 20
years ago, that there are five millions of beg-land in
Ireland, three millions of which are capable of being
drained, upon a large scale, at the expense of only
one pound sterling per acre ; and would then be worth
at least twenty pounds per erre! ! lie reported fur-
ther, that these three millions of acres were not worth
one pound sterling per acre in their present state !
You will thus gain a property worth sixty millions
sterling at an expense of only six or eight, or perhaps,
ten millions sterling. You must of course drain these
three millions of acres of land, and place them
in a state of cultivation ; and then you should sell
them to Irish labourers, in lots of perhaps five, or ten,
or fifty acres each, upon fire or ten years credit, as
they sell land in Canada and in the United States ;
and you will thus draw hundreds of thousands
, of Irish labourers from the overstocked markets of
Irish industry, and convert them at once into so many
prosperous, independent, and contented proprietors
and cultivators of the soil.

150.

o•••••••• ...

The Earl of Arundel and Surrey has subscribed
100 L towards relieving Father Mathew from the embar-
rassments induced by his advocacy of the temperance
cause.—Sussex Advertiser.

-- -
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Belgian Bonds, 5 per Cent 1044
Brazilian Bonds, 5 per Cent. ...«..»....» 65%,
Chilian Bonds, 6 per Cent
Ditto Deterred 55
Columbian Bonds. .......... 14%
Mexican Bonds, 1837, 5 per Cent. . ........... 34N%
Ditto Deferred Stock 15%
Portuguese 80nd5,52 5 per Cent.............,..
Ditto Converted
% 53%
--ish Bonds, Five per Cent 2334
si
,/z

.ipan,...
Ditto Three per Cent.
Dutch 234 per Cents 62745/ SYs
Dutch 5 per Cents 983Q%%%
PRICES OF SHARES AT ONE O'CLOCK.
RAILWAYS. PAID. PER SHARE.
Birmingham and Gloucester lOO 10334 101 to 103
Bristol and Gloucester 3O 42% 42 43 to 42
Caledonian
Chester and Holyhead 5 6x% ... to
Churoet Valley
Direct Northern .
Etstern Counties
Great Southern and Westerni 5
greland)
Great Western ................ ........ 75 136 ..... .... to 137
Ditto 34 Shares ..... ..... ..... ...... 50 8434
Ditto Fifths l2 ..... .... 25t 4
Hull and Selby
Kendal and Windermere ......... 134 4%
London and Birmingham.
London and BlacKwall
London and Brighton
London and Greenwich
London and South Western
London and Croydon
London and York 42% 3%% to
Manchester and Birmingham ... 40 .... ..... 48
Midland
Newcastle and Darlington Junct. 21
Norwich and Brandon
South Eastern and Dover ..... .... 3234
Ditto New
Yarmouth and Norwich
York and North Midland ......... 50 .........110 ...
• Ditto 34 Shares
' Ditto Scarboro' Branch ......... 10 .....
Ditto Selby Scrip ......... ......... ......... 52 55 to 53
Central of France (Masterrnan's) 9 ... ..... 4%
. Ditto Constituted
Orleans, Tours, and Bourdeaux 1
Paris and Orleans ..... ................ 90 ..... .... 39% to
Parisand Rouen ..... ................... 20..„.„.. 40%
Rouen and Havre.

JOINT STOCK ➢ANKtf.
London Joint Stock

Provincial of Ire Lind.

AIANCHESTER STOCK EXCHANGE, OCT. 28.—There is
more disposition for business to-day, and the transac-
tions are generally at higher prices.—Manchester and
Birmingham. 50 ; North Union Stock, B, 76 ; South-
Eastern, 434 ; Ditto, ,New Creation, 84 premium ;
Churnet Valley, 3j- ; Huddersfied and Manchester, 5* ;
Leeds and Dewsbury, Sit ; Bary and Rossendale,
8 1.16 ; Manchester and Buxton, 2 ; Trent Valley, BA-;
West Yorkshire, 9+ ; Boulogne and Amiens, I.
CLOSING- PRICEs.

BRITISH FUNDS.
Bank Stock ex dlv. 203 (Ditto Bonds £l,OOO 9l pm.
3 per Cent. Red ...... ........ 99%1Ditto under £l,OOO 92 pm.
.3 per Cent. Cons. ..... ....... 99% South Sea Stock
3% per Cent. Red — Ditto Old Annuities ...
New 3U per Cent. lOl% Ditto New Annuities ...
New 5 per Cent....
Long Annuities to expire Ditto 5001. . ..... ......... 73 pin.
lan. 1860 l2 1-16 Ditto Small 7O pm.
Oct. 1859 ll 13-163 Bank Stock for Acct....
Jan. 181)0 l2 5-16 Consols for Act.
Indian 5t0ck...... ..... . ........ 287 India Stock for Acct —
FOREIG N FUNDS.
Austrian. 5 per Cent ........ Russian, 5 per Cent —
Belgian, 5 per Cent ....... ..... Ditto, Metallic
Brazilian Bonds .... ....... .... 85 Spanish, 5 per Cent., 1840 23U
Buenos Ayres, 6 per Cent... Ditto, 1811 ........ ....... „, —
Cuba Bonds, 6 per Cent.... Ditto, 1842 —
Chllian, I; per Cent ...... ...... Ditto, 1843......„....„ —
Colombian, 6 per Cent ..... Ditto, 1848
Danish, 3 per Cent
Greek, 18_5, 5 per Cent — Venezuela Bonds, 2 per Ct...
Mexican, 5 per Cent ....
Neapolitan Bonds,s per Ct — Exchange ................ --f. .--c.
Prussian Bonds, 4 per Cent French, 3 per Cent...-. —f. —c.
Peruvian Bonds, 6 per CL — Dutch, 2% per Cent
Portuguese Bonds, 5 per Ct. I)itto,:s per Cent
SHARES.
Churnet Valley, 2 paid
Eastern Counties (25 paid)
Ely and Bedford, 1 paid .... ...
Great Southern and Western (Ireland) 5 paid ... 113(
Great Western (75 paid;
Ditto Fitths 12 paid
Kendal and Windermere, 1 yi paid 6
Lancaster and Carlisle, 10 paid
London and Blackwall (161. 13s. 4d.) 6%
London and Greenwich (I2t. Lis. 4d. paid) 9%
London and South Western (411. 6s. 10d. paid)
London and York, 2% paid 3%
Manchester and Leeds (70 paid
Midland (100 paid)
Newcastle and Darlingron Junction, 21 paid
North British, 5 paid
Norwich and Brandon, 6 paid
Ditto, New Shares
South Eastern and Dover (33 2s 4d paid) .....
Ditto New Shares, 4 paid
Yarmouth and Norwich (18 paid)
York and North Midland (50 paid) 1 ll
Ditto Half Shares (25 paid)
Ditto Scarboro' Branch, 10 paid
Central of France, 2 paid —
Ditto Constituted
Boulogne and Amiens, '2 paid 43
4
Orleans, Tours, and Bourdeaux, I paid
Paris and Rouen. 20 paid
COURSE OF EXCHANGE.—(YESTERDAY.)
Amsterdam CF. 12 6 - Gibraltar —
Ditto, at sight l2 4 Leghorn 3O 50
Rotterdam 2U. 12 6.1 Genoa 25 85
Antwerp
Hamburgh M.B. 13 13 Venice . .
Altona l3 13 Naples 394
Paris, 3 days' sight... 25 60 Palermo, per oz llB
Ditto, 3 months 25 85 Lisbon 55
Marseilles
Bourdeaux 25 90 Rio Janeiro 23
Frankfort on Maine.. 121 Bahia 23
Petersburgh, 3 Us... 37 Buenos Ayres —
Berlin 7 NewYork,2ldys sight
Vienna, effec. fl. 3 M 953 Philadelphia —
Trieste, ditto
Madrid 360 Foreign Gold, bars..£3 17 9
Cadiz
Bilbao 36 New Doubloons..... 0 0 0
Barcelona 36 New Dollars 0 4 97g
Seville — Silver in tars 0 4 110

Lieut.-Col. Colston has arrived in Upper Berkeley-
street, Portman-square, from Belvidere, Malvern, Wells.
ILLNESS OF MAJOR-GENERAL SIR W. NOTT.—

The Presse states that a curious phenomenon oc-
cupies at present the attention of the Parisian savans.
There is living in the Rue d'Enfer a young operative
who can only see by the light of the sun. After sunset
he can distinguish no object, even if it be lighted by the
most powerfully concentrated artificial light. This in-
firmity, baptized by the name of Nyctalopie, appears to
be at present irremediable.

CARMARTHEN, OCT. 25.—This morning, at an early
hour, Major-General Sir W. Nott, &c., was taken alarm-
ingly ill, and is still in a precarious state. The road
before his house in Guildhall-square is being covered
with litter ,to lessen the sound of passing vehicles.
FINDING A WATCH IN THE ROYAL PROCESSION.—
On Monday afternoon, about three o'clock, just as the
royal procession was passing along the Strand, on the
return of her Majesty to Buckingham Palace, a police-
constable, of the M division, stationed in the line at
Charing Cross, picked up a valuable silver watch, nearly
opposite Nelson's Pillar. It had the appearance of
having been dropped while the owner supposed he had
returned it safe in his fob, as it was much bruised on
one side. The watch is engine-turned; and the crest of a
dog looking at a bird on a tree:was engraved on the outer
case. It remains at the i3ovv-street station-house, to be
identified.