The Sun.
London, England, 1845-06-12 00:00:00

THE SUN, LONDON, THURSDAY MORNING, JUNE 1845.

Sir JAS. GRAHAM would vote for the second reading, re-
serving to himself the right of examining the details of
the Bill before going into Committee.
The Bill was opposed by Mr. WATSON, Mr. RICARDO,
Mr. ESTCOURT, Sir G. STRICKLAND, Mr. FOSTER, and
Mr. BRIGHT, and supported by Mr. AGLIONBY.
On a division, the second reading;of the Bill was carried
by a majority of 44.
Sir J. Y. BULLER moved the second reading of the
County-rates Bill.

Mr. M. GIBSON objected to the subject being left in the
hands of amateur legislators, and urged the Government
to take it up.

After a few observations from Lord EBRINGTON, Mr.
DARBY, Mr. BROTHERTON, Mr. HENLEY, and Mr. HUME,
Sir J. GRAHAM said that he looked forward to being
able to introduce, at an early period, a measure for
placing the subject of county rates upon a firm and
settled footing.
The Bill was then read a second time.

The House was counted out, at a Quarter after Seven
o'clock, while in Committee on the Smoke Prohibition
Bill.

The result of the debate on Mr. VILLIERS' motion
was only what might have been anticipated with such a
House of Commons, and a Ministry not yet prepared for
further change ; but, nevertheless, though the division
was adverse, the speeches of all the leading men
furnish grounds of consolation for the poor,
and hold out the brightest prospects. The triumph
of argument was all on one side, and the
very admissions made by Sir ROBERT PEEL and Sir
JAMES GRAHAM showed that they fought against their
will. According to the speech of the Prime Minister,
the abolition of the corn-laws was only a question of
time, for, having declared himself an advocate for
free trade, he could not defend the law on the ground
that it was a protection to any particular interest.
On what ground, then, could he defend it? Because
a sudden change might be injurious not only to land-
owners but to the agricultural labourers. In fact, the
only difference between Mr. VILLIERS and Sir ROBERT
PEEL was, that the latter would do in time what the
former required should be done at once. This is the
greatest victory yet obtained by the opponents of the
corn-law. Messrs. COBDEN and Co. have opened the
eyes of the farmers, and of many landlords also—
they have at last opened the eyes of Sir ROBERT PEEL,
and he only waits his opportunity. Between conviction
and completion the period generally is very short, and
one bad season would set the question at rest. The
crisis is already approaching. The price of cattle for
food is enormously high, and notwithstanding the scores
of bullocks imported weekly from Holland, and articles
of consumption furnished by other countries, the
new tariff, which caused such awful consterna-
tion, has turned out a nonentity. The prices
of cattle and corn mutually affect each other ;
the one cannot rise without raising the other.
Grain too has been rising on the Continent, and symp-
toms altogether conspire fur the accomplishment of this
act of justice to the manufacturing, mercantile, and
other important classes of this great commercial
country. But let not these considerations damp the
ardour of the corn-law repealers. Now is the time for
them to work more vigorously than ever—the prize is
within their reach, and nothing but apathy and sloth
can save it from their grasp.

The debate of Monday night on the new Banking
Bill fur Ireland elicited, in a prominent manner, the
besetting prejudice of the Premier's views on all ques-
tions and schemes connected with the currency. The
normal error of all his legislation on this question con-
sists in arguing from an abuse to an original vicious-
ness of principle. But the very nature of abuse, in the
abstract, implies the perversion of a principle good and
salutary in itself. If we admit to Sir ROBERT PEEL tO
the full extent of his overcharged statement all the evils
he ascribes to occasional over-issues of paper, the aggre-
gate of whose circulation greatly exceeds that of the
bond fide property which it professes to represent, our
admission will add nothing to his deficient proof of the
evils of that monetary system with which his Bills of
1819, 1823, and 1844, have so fatally interfered. If
the same medium—a paper circulation—in the days of ex-
cessive speculation, prior to 1819, was, in its less substan-
tial branches, productive of the mischief that Sir ROBERT
is so fond of multiplying in kaleidoscopic variety, and
every imaginable tint and colour, till he has almost per-
suaded himself that they are interminable (although it
is his own hand which, all the while, is shaking backwards
and forwards the few ingeniously disposed, but worth-
less, fragments which produce the specious cheat to the
eyes of the uninitiated); if the same medium also bore
the empire in triumph through the enormous pressure of
the last war, and laid deep and broad the productions of
our present commerce and our power of accumulating
capital—is the greater and more beneficial operation to
be put out of view—wiped away from the record—in
order that the prejudicial, but infinitely lesser, operation
may be brought out with so much the greater effect ?
There is neither truth nor equity—statesmanship nor
logic—in these perpetual attempts of Sir ROBERT PEEL
to exaggerate the occasional mischiefs, and to erase the
general benefits, that are produced under such a system
as he has superseded in England and Wales. It
must be palpable to the conviction of every candid mind,
that had we undertaken the wars which raged from 1803
to 1815 under such a monetary system as we have now,
of gold and paper convertible into gold on demand, this
country would have been a province of the French em-
pire. National bankruptcy must have inevitably over-
taken us at a very early period of that enormous
conflict. England must have succumbed in a struggle
in which she could not, and would not, fall
back on such frightful resources. Whether the Pre-
mier has been, in his own person, at any time, a
sufferer by the over-issues of private banks we do not
know, and have no care to inquire. The bitterness of
his remarks on Monday night on the fearful conse-
quences he had witnessed some years ago, as aris:ng out
of the failure of some banks in the west and south of
Ireland, might, however, provoke some surmises. We
are far more tempted to ask what has been the amount
of personal advantage derived by himself or his con-
nexions from the es. ablishment of that gold standard of
currency to which he clings with a tenacity regardless
alike of logic and experience. When a gentleman so
well acquainted with the principles of commerce and the
elements that ensure the success of mercantile enter-
prise, so constantly talks not "of green fields,"
but of the horrors of over-trading in merchandise and
over-issues of paper, we cannot help surmising a private,
personal, interested, all-sufficing reason in the
back ground for such tenacity of purpose. No
man knows better than the Premier that
it is of the first importance to a country that its absolute
capital or property should be rendered waive and circu-
lating by an adequate representative capital in money
of some kind—paper as well as metal—that nothing like
such an adequate representative of bond fide, but un-
employed, property does exist under his own scheme of
currency, in England—and yet hc insists on a principle,
the convertibility of paper into gold, which can never
work without the destructive and crippling limitations
of which we speak, till the gold bullion of this country
and of all the circulation of Europe be multiplied at least
thirty-fold. No man knows better than the same Right
Hon. Baronet that the soul of commerce is freedom of
action—that its vitality is identified with the security
of its own rights of opinion as well as action, and, there
fore, that speculation is no more than the unrepressed ex-
pansion of that principle, the unfettered exercise of
those rights. To seek to extinguish over-trading or
excessive speculations, the limits and lines necessary for
the definition of which no man has ever yet at-
tempted to draw, is about as idle as to attempt
the discovery of a means of maintaining the respiration
of the lungs without oxyger, merely because it is pos-
sible to combine that essential vital principle with others
destructive of life, and that such combinations now and
then accidentally develop themselves under disastrous
and very fatal circumstances ; and yet Sir ROBERT has
borne his pseudo-currency " standard " in triumph
through England and Wales ; has exhibited it within
the limits of Scotland, over which, as well as Ireland, it
it is destined soon to float as " wide unfurled" as it is
now in England, and with the same calamitous results.
The gentlemen of Ireland are as sensible to the danger
as those of Scotland, however tardily, they have shown
themselves to be. On Monday night Mr. RocHE, Sir R.
FERGUSSON, Mr. REDING lON, Lord CLEMENTS, Mr.
WYSE, and Mr. SHARMAN CRAWFORD, successively ad-
vanced, with all the authority of their local knowledge,
experience, and personal character, most conclusive argu-
ments against the Banking Bill (Ireland). They were
not successful. The evil day, we fear, must come, and
then—woe to those who will have incurred the
responsibility of invoking it !

We have observed, with great satisfaction, that Mr.
Hu7r, the Member for Gateshead, has given notice that
on Tuesday, the 24th instant, he will ask the House of
Commons to agree to the following resolution :—" That
the course pursued by Great Britain since 1814, for the
suppression of the slave-trade, has been attended by a
large expenaiture of the public money, and serious loss of
life to the naval forces of this country, and that it has
not produced any mitigation of the horrors of the
middle passage, nor any diminution of the traffic in
slaves.l7 mr. E-hru'g resolution stands first on the list
and we presume there-
sure to come u
fore it weeder discussion. We are re.
of motions for Tuesday

joiced to find that at last some Member of Parliament
has been found to bring this highly important and long
neglected subject to the test of public examination•
Year after year we have gone on wasting the
treasure of Great Britain (as if we really had nothing
whatever at home deserving our care) on anti-slavery
squadrons, for watching half the coasts of the world ;
on mixed Commission Courts, for tryiug the cases of
captured slave ships ; on compensation to the owners,
whose captured ships had eluded the condemnation of
the Courts ; on support to the Africans we have libe-
rated ; and on other parts of the costly slave-trade
suppression machinery. On these and similar devices
we have annually expended about half a million of
money, and in some years we have maintained them
at even double that expense. In 1839, Sir FOWELL
BUXTON calculated that the aggregate expenditure of
Great Britain, on slave-trade suppression alone—to
say nothing of the enormous sum paid for eman-
cipating the West Indian negroes—exceeded 15,000,0001
sterling ! Doubtless, this is a wise, judicious, and
honest application of public money. Who can ques-
tion it ? We have no sufferers at home on whom
these millions could, in any way, have been belie-
, ficially bestowed. We have long covered our land with
well-appointed schools for the instruction of our la-
bourers—we have thrown open throughout the country
baths, gardens, grounds for recreation and amusement,
where the toiling millions of our crowded and smoke-
dried towns may feel the invigorating influence of
healthful exercise and innocent excitement. We have
abundantly provided them with ventilation and whole-
some water within their dwellings, and drainage and
other sanatory contrivances without. Expense never
deterred us from zealously pursuing the first of our
interests, the first of our duties, and the greatest
of all charities—the moral and physical improve-
ment of our industrious poor. Towards them
we have long since discharged every obligation ;
Great Britain has no taxes, cramping and ob-
structing the exertions of industry or seducing the
peasantry to the desperate immoralities of smuggling,
which the CHANCELLOR of the EXCHEQUER professes
the beggar's inability to redeem. Our Excise and
Customs duties are no where a tribute wrung from
misery—they are the cheerful contribution of a grateful
people, grateful for parental protection and good govern-
ment aff irded them in substance and not in name.
Examine those lanes and alleys of misery which in the
great seats of British commerce used to huddle together
so large a portion of the whole populat on.
Visit now the narrow and deadly coal-beds of
Staffordshire, Derbyshire, and Scotland, the factories of
Manchester, and the cheerless hovels of Dorset—as-
suredly no human victims are there. The happy condi-
tion of the men, women, and children of our own coun-
try leave nothing for justice or generosity to bestow,
and it is, therefore, only proof of designing clamour or
ignorant impatience of taxation to hesitate about squan-
dering our money on the suffering people of Africa. We
bow to the truth. We humbly admit our ignorance and
proneness to error, but being vulgar and arithmetical in
our habits we wish to see the credit as well as the debit
side of our accounts. Since we can do no good with our
money at home, we shall not object to " the wisdom
of Parliament" sending it abroad, only we like to have
something to show in exchange for it. Spend it, there-
fore, great lords and gentlemen, spend it in suppressing
the slave-trade, only hand over your vouchers, and show
us that you have suppressed the slave-trade by spending
our money. We have heard it said that you are prac-
tising a delusion—that the slave-trade, so far from being
suppressed by your philanthropy, never was more active,
more cruel, more destructive of human life, than it is
now, after forty years' trial of your system. This is a
very serious matter. Are we really playing over again
the game of the fanatical LAS CASES, and has all
the treasure and humanity we have lavished upon
the negro only proved to him a source of fresh
and aggravated calamity ? Let as examine the
authorities on this subject. By authorities we do
not mean the statements of economists and
mal-contents, however well they may have qualified
themselves to pronounce upon the question. Our autho-
rities shall be men who are above every suspicion of un-
duly preferring the interests of England to what is
called the great cause of negro happiness and
civilization. Such witnesses as are without exception ,
What says FOWELL BUXTON on this subject ? We are
quoting from his book published in 1840 :—" The
traffic," says this gentleman, " has not been extinguished,
has not been diminished. By the latest accounts from
which any estimate can be formed, the numbers ex-
ported have increased—the destruction of human life,
and all the guilt and misery consequent thereon, have
been fearfully augmented, at the same time it may be
stated, that the numbers exported from Africa are, as
compared with the year 1807 (when the Abolition
Act was passed), as two to one, and that the
annual loss of life has risen from seventeen to
twenty-five per cent." The opinions thus put
forth by one who had bsen among the most ac-
tive supporters of the measures of which here he so
frankly and honestly admits the fearful failure, have
been corroborated by the venerable Mr. THOMAS CLARK-
SON himself, and other abalitionists. We have, even on
the same side, the high authority of Lord JOHN RUS-
SELL, who, when Secretary of State for the Colo-
nies, stated, in an official letter which he communi-
cated to the Lords of the Treasury, that the importation
of slaves from the western coast of Africa alone,
" involves a waste of human life, and a degree
of human misery, proceeding from year to year without
respite or intermission, to such an extent as to render the
subject the most painful of any, which in the survey of
mankind it is possible to contemplate."
Well, then, the system has failed—failed, even in the
opinion of those who have hitherto been its warmest
advocates—and are we still to carry it on ? We have
just commenced a fresh act in this ill-fated drama by-a
new treaty with France. Is our folly to last for ever ?
The man, who in the zeal of blundering humanity,
endeavoured to straighten the humped back of
a traveller, rendered insensible by a fall —at
least desisted from his torturing kindness when
he discovered his mistake. Our conduct is more inex-
cusable—more pregnant with mischiet, and with folly,
than that of the philanthropist in _tEsop. We are pur-
suing a course in relation to the African, which, under
the delusion of assisting him, augments his sufferings,
and enlarges the field in which he suffers ; and which,
at the same time, robs our own countrymen of their
heritage, and has a direct tendency to condemn to moral
and physical destitution around our very homes, those
beings whom we are bound to love and to cherish, by
every obligation of humanity, and by the first principles
of our Christian faith. Is it possible that such a country
as this, can persist —knowingly and wilfully persist—
in such measureless folly, cruelty, and injustice ?
We see so much indolent pertinacity in error—so much
disposition to bow down with uninquiring submission to
the dictation of prejudices assuming the garb of sanctity
and humanity, that we hesitate to reply.
But, at all events, we conclude as we began. We are
glad that Mr. HUTT, disregarding the allurements of
party politics—(we presume he does not expect his
motion to find favour with all on his own side in
Parliament)—disregarding, too, the certain clamour of
the pseudo philanthropists, has determined to bring
this great national but novel question under public
and Parliamentary discussion. And let him take
courage. There are many to whom his opinions
may not be acceptable, but who think too well of him to
doubt that one only motive could have induced him to
make his contemplated exertion—an honest and irre-
sistible impulse of public duty.

The Paris papers of Tuesday have arrived. The
Journal des Debats had, on the previous evening, re-
ceived the following news from Spain by express:—
" We have received by extraordinary express news from
Madrid of the 4th. The Gazette announces that the Queen
was to have left Valencia on the Ist for Castellon de la Plata,
where she was to pass the night, and proceed next day to
Catalonia.

" The journals are occupied with the abdication of Don
Carlos, and the consequences likely to follow.
"The Clamor Publico, whose Editors were so arbitrarily
deported to .Nianilla, says, that the arbitrary proceedings of
the Government against the Press come badly at a moment
when there are two grave questions to be decided, that of the
marriage of the Queen, and of the relations with Rome.
' Does the Government think,' asks this Journal, that it is
able to impose silence upon the independent Press, and to
prevent it uttering a cry of alarm at the sight of the dangers
impending over the country? A formidable tempest is pre-
paring, may God preserve Spain from the perils which menace
her!' The Clamor announces the complete union of all sec-
tions of the Liberal party. Now united, never again to be
divided.

The Commercio also announces the union of the Liberal
party. The Globe acknowledges the faults of the Govern-
ment, but does not think them irremediable. The Tiempo,
alluding to the abdication of Don Carlos, pronounces all idea
of marriage between his son and the Queen impossible. The
Espectador, an Esparterist journal, warns the Progressists
that emissaries have been sent through the country with a
view of getting up an explosion, and recommends caution.
" A rumour was spread that an insurrection would break
out at Barcelona, upon the arrival of the Queen.
"The Herald° mentions the receipt of letters from Rome,
announcing the departure of a Nuncio, I. Branelli, for the
Court of Spain."
It is also announced in the same paper, that the Mi-
nister of Maine would, on Tuesday, propose to the
Chamber of Deputies, to grant the necessary credit for
keeping up the 26 cruizers on the African coast, in accord-
ance with the stipulations of the treaty for the suppres-
sriantnAi
fincoaafttit,t,ehnmes
poSt
hawrahedi
cTbhereawndee concluded
rmeadein the
exchangedewohi
uptli, the
te.pu.
ntahmt hbEeenr7gtoln
haf
Depu-
ties to nullify the vote of the of Peers on the

subject of the conversion of the Five per Cents., and to
compel an immediate conversion by moving that the
chapters of the Budget, relating to the public debt,
should be sent back to the Committee. 134 members
voted in favour of the proposition, and 143 against it.
It was, therefore, lost by a majority of 9. The remain
ing items of the Budget were agreed to.

Madrid journals of the 3d inst. have been received. N
official announcement of the abdication of Don CARLOS had
appeared in the Gazette, but several of the papers comment
on it as a matter of fact, though of little importance. The
Eco del Conanercio states that Queen CHRISTINA was about
to present to the POPE a crozier of great value, and another
journal says she has already sent to his Holiness a tiara,
valued at 4,000 f. The Government, it was said, had forwarded
from Valencia its ultimatum to the Court of Rome, with in-
structions to the Spanish Ambassador to demand-his pass-
ports unless the proposed terms were accepted.
The Funds continued to fall. On the 3d the Three per
Cents. closed at 31i, for cash, and 32i at 60 days; the Five
per Cents. at 211 for casb, and 22- at 60 days ; and the Debt,
without Interest at 71 for the 9th of July.

The French Chamber of Deputies on Monday commenced
the discussion on the budget of expenses for 1846, when
speeches were made by MM. LEDRU Rou.rg, Ducos,
LAROCHEJAQUELIN, and others, but they excited no interest,
and the general discussion was closed. Several Members
adverted to the Bill for converting the Five per Cent. Stock,
which had been resisted by the Chamber of Peers, and M.
BINCAN reminded the Finance Minister that he had pledged
himself to bring forward a measure next session, should
circumstances permit, for reducing that Stock. The Finance
Minister said his opinion had not at all been changed by the
decision of the other Chamber. The Siecle contains the fol-
lowing remarks on the present rage for railway speculation in
France as well as England

"If all the Railroad Bills that have been presented to the Cham-
bers during the present session were tacked to each other, end by
end, they would extend to the length of 700 leagues; and the ex.
penditure they would impose upon the Companies and the Govern-
ment would amount to a thousand millions of francs (40,000,0001.
sterling). But this budget of public works does not nearly ap.
broach that which is submitted to the deliberations of the British
Parliament. The Railroad Pills brought in for the three king-
doms embrace a length altogether of 8,080 English miles, or 3,250
leagues. Of these, the share for Ireland is 1,490 miles, or 563
leagues. This enumeration does not comprise the thousands of pro-
jects of the same kind brought forth by the ardour of capitalists.
And all this is passing in a country which already possesses the most
magnificent lines of railroad, so that those which now excite this
fever cannot be principal lines, but mere branches, bearing the
same proportion to those now laid as the main roads bear to the
vicinal or cross roads in France."

The contract with Messrs. MAcKEN-zrE and Co., for laying
down the rails on the Orleans and Tours line, had been signed,
and it was understood that the railway would be opened by
the Ist of October, 1845.

On Monday the Three per Cents. closed at 84f. 20c. ;
the Five per Cents. at 122 f. 20c.; Orleans Railroad Shares,
1,220 f. ; Rouen, I,llof. ; Vierzon, 823 f. 75c. ; Havre, 890 f.;
Avignon, 1,050 f. ; Basle 2721. ; Spanish Actives, 3914 ;
Ditto Three per Cents, 42%.
The following are the quotations for the new lines:—

Orleans and Bordeaux, 220 f. premium ; Boulogne, 130 f.
ditto ; Troyes and Montereau, 50e. ; Paris and Lyons Laf-
fitte), 20f. ; ditto (Calon), lf. 50c. ; ditto (Ganneron),
Bf. 50c.; Northern line (Laffitte), 30f. ; ditto (Ro-
samel), Bf. 50c.; Tours and Nantes (Mackenzie), 10f.
ditto ( Drouillard), par ; ditto (O'Neill), 7f. 50c ; ditto (Jacques
Lefevre), par ; Lyons and Avignon (Lecointe), 18f. 75c. ;
ditto (Talabot), 401. ; ditto (Compagnie Meridionale),
101. ; Bordeaux and Toulouse (Mackenzie), 9f. 50c. ; ditto
and Cette (Espeleta), 13f. 75c; Creil and St. Quentin,
lf. 50c. ; Paris and Strasburg (Ganneron), 12f. 50c; Dijon
and Mulbausen, sf. _ .

MARSEILLES, JUNE s.—Marseilles and Avignon, 1,045£;
Boulogne, 640 E; Orleans and Bordeaux, 735 f. ; Vierzon,
8301.; Avignon and Lyons (Talabot), 5401. ; dittu (Sebas-
tiani), 5171. 50c. ; ditto, (Compagnie Meridionale), 5071.
50c.; Bordeaux and Cette, 5151.

SHERIFFS' FUND.—We wish to draw the particular
attention of our readers to an advertisement which ap-
pears in another column, of the first dinner on behalf of
the Sheriffs' Fund, which will be held on Tuesday next,
at the London Tavern, the Duke of Cambridge in the
chair. This excellent charity, the object of which is to
reclaim those who have strayed from the paths of recti-
tude, has paramount claims on the attention of every
Christian philanthropist, for we are told by the highest
authority that " there is more joy in Heaven over one
sinner that repenteth, than over ninety and nine just
persons that need no repentance."

TWO DAYS LATER FROM THE
UNITED STATES.

WEDNESDAY MoaNizin.—The fast-sailing New York packet_
ship Queen of the West, Captain Woodhouse, arrived here last
night, with dates to the 22d ultimo. She brought 35 passengers.
The steamer Britannia arrived at Boston on the 19th, with news
from this country to the 4th of May. The Cotton market had
taken a favourable turn, in consequence of the news brought by her
of an advance in price, and a considerable business was done.

There was yet no decisive news from Mexico, but every day
brought fresh evidence that, amongst the people, the proposition
made by the President to Congress was almost unanimously
approved.
No Minister to England had been fixed upon by the Washington
Cabinet. The office, it is said, had been offered in turn to Mr.
Elmore, Mr. Perkins, and General Hamilton, but had been by each
declined.

NEW RAILWAYS.
TO 7WE EDITOR OF THE SUN.

Sits,—l see that the Great Grimsby and Sheffield
Railway Bill has passed the Commons, but do not hear
that Nur sleepy Admiralty have taken any steps to
secure land at Great Grimsby for a coal depot, Gravin
Dock, &c., though they must know, in the event of a
war, that these things are absolutely necessary to have
at the entrance of such a river as the Humber w hich
leads into the heart of England. At present land is of
little value at Great Grimsby, but as soon as the pro-
jected railways bring that port nearer to the great manu-
facturing districts than Hull is, land will be increased in
price.
Severe as your remarks on the Board of Admiralty
have been they have not been too much so. In fact it
is a disgrace to a great naval power to have its affairs
conducted by such imbeciles.—l am, Sir, your obedient
servant, AN ENGLISHMAN.

MONEY and COMMERCIAL NEWS.
(From The Sun of Last Night.)
The Cotton Market at Liverpool yesterday was quiet,
only 2,500 bales . being sold ; and all to the trade. There
was no change in prices. The Share Market
was good for Midland and Chester and Birken-
head, and had generally a better tone :-Aber-
deen Railway, 414; Arniagn and Portrush, 214 ; Bandon
and Bantry, 12s. 6d. Bs. • Barnsley Junction, 614 ; Ditto, Halt
Shares, 314 ; Birkenhead and Cheshire Junction, 11 1/8 ;
1881
se;
.IfD9a
dsi tt.
,ao ncidhxeStseatnel
r.-
Blackburn, Darwen, and Bolton, 514
lymena, 8%; Belfast and County Down, 325. 365. ; Bolton,
s .a
2n d 74 L; icv
ae rrri3 ob or
d,
gl
e3Via
and; Ciahliectlo,l)na
and Birkenhead, 56 60; New Shares, 55%; Half Shares, 28
30 ; Chester and Holyhead, 163 ; Chester and Preston
Brook, 2%; Dublin and Belfast Junction, 10% ; Dublin and
Galway, 4 ; Dundee and Perth, 3% ; Edinburgh and Glas-
gow, Quarter Shares, 16%; Edinburgh and Northern, 21/2 ;
Glasgow and Dumfries, 15s. 16s. 6d. •; Grand Junction,
236 238; Ditto, New Quarter Shares, 501/ ; Ditto, Eighth
Shares, 203/4 ; Great North of Englan4l, 30/. Shares, 34;
Great Western, 210 ; Goole and Doncaster, 34 14 •
09n% and Brighton, 4014 ; Liverpool,
orin
Lan-
caster and Preston, 54 ; Limerick and Waterford', ;
Liverpoolrk,
aanndaMpanrecshteosit4er2.
2L 7s.
Shares,.7Bar;esLdon , 3
69 ; London and Windsor, 1% 28s. ; Londonderry and Cole •
raine, 4% ; London and South Western, 821% 83; London and
York, 414; Direct Northern, 3% 1/2 ; Leeds and.Dewsbury,
; Midland Railway, 184 3/1 ; Ditto,
shviester, Bolton, and Bury, 170 171 ; Mat-
-9 ; Leeds and Thirsk, 7 6%; Leeds and West Riding June-
tion,
a7n d77il lainadn,c
401. Shares, 281/9 % ; Newark and Sheffield, 2 ; Newcastle
and Berwick, 17%; Newcastle and Carlisle, 117 ; Ditto,
Quarter Shares, 29% %; North British, Half .Shares, 61/e ;
North Kent, 514 •' North Union (A), 1561/ 158; North
Western, 4; Oxford and Birmingham Junction, 414 1/s;
Oxford, Worcester, and Wolverhampton, 5% lls. 3d. ;
Preston and Wyre, New Shares, 334 ; Sheffield and Man-
chester, Quarter Shares, 15%; Sheffield and Lincoln, 365.
214 ; Shrewsbury and Herefordshire, 17s. %; Shrewsbury,
Oswestry, and Cheshire, 414 ; Shrewsbury and Trent
Union, 134 •, South-Eastern and Dover, 47 46%; Ditto,
New Shares, No. 1, 17% %; Ditto, New Shares. No. 2,
16%; Ditto, New Shares, No. 3, 8 814 ; Scottish Central,
; South Wales, 5% ; Trent Valley Continuation, 235. 6d. ;
Warwick and London, 134 ; Welsh Midland, 4 4%;
West Yorkshire, 395. 375. ; Wexford and Carlow, 2%;
Worcester and Tring, 2%; Whitehaven and Furness, 314 .14 ;
York and Carlisle, 1% 235.; Central of Spain, ss. ; Ja-
maica and South Midland, 14 ; Lyons and Avignon, ;
Northern of France, English (Laffitte's), 514 ; Orleans, Tours,
and Bordeaux, 10%; Paris and Lyons (Laffitte's), 595. ;
Verona and Ancona, 21/2 48s. 6d. ; Liverpool Fire and Life,
71/8 ; Ditto, New (issued at 114 premium), 4% 91s. 6d.
MANCHESTER STOCK EXCHANGE, J uNi, 10.-The sales are
-Barnsley Junction, 6% 11-16; Birkenhead, Manchester, and
Cheshire Junction, 10% ex new; Blackburn, Darwen, and
Bolton, 5; Bolton, Wigan, and Liverpool, 1312 1/a_; Cale
' donian,ll • Ditto Extension, 3 2% ; Cambridge and Lincoln,
5% 4 ; C hurn et Valley, 5% ; Clitheroe Junction, 3%;
DireciNorthern, 3%• 1/2 ; Ely and Bedford, 2%; Glasgow
and Dumfries, 16s. 61 . Goole, Doncaster, Sheffield, and
Manchester Junction, 1% • Huddersfield and Manchester
Railway and Canal, 6% 7 'Huddersfield and Sheffield Junc'-•
tiod, 6 5% ; Leeds and Thirsk, 6%; Leeds and West Riding
Junction, 8 7% • ' Leicester and Birmingham, 1 74 ; London
and Windsor, 1 14 ; London, Worcester, Oxford, and Rugby,
2%; London and York, 4 434 ; Manchester, Bury, and Ros-
sendale, 161,4 ; Manchester, Buxton, Matlock, and Midland,
; Manchester and Birmingham, New Quarters, 78 ;
Manchester and Birmingham Continuation and Welsh Junc-
tion, 2 214 ; Manchester and Leeds, 168 ; Midland Rail-
way, 401. Shares, 271% % ; Newark and Sheffield, 2 1% ex
new; North British, New Shares' 61/, ; North Eastern, 1%
prem. ; North Staffordshire, 4%; North Western, 4 ; Oxford
and Birmingham Junction, 4%; Oxford, Worcester, and
Wolverhampton, 51 ; Preston and Wyre, 32 ex new ; Ditto
Half Shares, 334 ; Ditto Extension, 2% ; Sheffield and
Lincolnshire Junction, 1% 2 ex new ; Sheffield and Man-
chester, 130 ; Shrewsbury and Trent Valley Union, 21/2
Shrewsbury, Herefordshire, and North Wales, 17s. 6d. prem. ;
South-Eastern and Dover, 4614 ; Ditto, No. 3,8; Trent
Valley Continuation and Holyhead Junction, 2%; Wake-
field, Pontefract, and Goole, 14% 15 ;Welsh Midland, 4 1-16 ;
West Yorkshire, 2 1-16; York and Carlisle, 1 5-16 premium;
Royal North of Spain, 2.
There have been no arrivals to-day bringing later news, if
we except the intelligence from Buenos Ayres, and which is
rather too favourable to the Argentines to deserve implicit
credit. At all events, however, the Montevideans appear
lately to be playing a losing game in respect to their warlike
operations.
The proceedings before the Parliamentary Committees on
Railways continue to excite a lively degree of interest, and
the sudden check to the Cambridge and Lincoln Bill has
again revived in a slight degree the hopes of those who ad-
vocate a direct and independent line to York. It would
seem, however, that as the check to the Cambridge Bill is
not at all the consequence of any impression against the
merits of the line, there can be no valid ground for parti-
cular coutidence as to the passing of the York.
Altogether, it is quite evident that there will be
very few railway Bills passed this session ; although enough, I

we hope, to afford moderate employment to the labourers,
and to keep up a fair consumption of iron, and other leading
staples, without unduly forcing up prices.
The Funds have been quiet again to-day, and prices have
experienced no alteration requiring comment. Consols have
been 98% to 99 for the opening. New Three-and-Quarter
per Cents. 102 to 1/8, and the Three per Cents. 99 to %.
Bank Stock has been firm at 211 to 2111/.
The Foreign Investments have been heavy again, except
as regards Columbian, which are up to 16% and 17, on ac-
count of the dividend being advertised. Mexican have been
373/. Spanish Actives have been 28% 3/4, and the Three
per Cents. 4074 to 41, which is a further decline. Belgian
Four-and-a-Half per Cents. have been 99%.
Cambridge and Lincoln Shares have rallied a little, London
and York are not quite so high, and the other lines are much
the same.

ONE CLOSING
PRICES OF BRITISII FUNDS. O'CLOCK. PRICES.
Bank Stock
3 per Cent. Reduced
New 34 per Cents .102% 102%

Long Annuities to expireJan.lB6o 11%% 11%%
India Bonds, 1,0001
Ditto under 1,000/.
__ _ •

Consols for Opening 99 98% 98%
Exchequer Bills, 1,0001., 11/Qd 59 pm. 61
Ditto 500/.

Ditto Small

ONE
O'CLOCK.

Pm. 64

CLOSING
PRICES.

PRICES OF FOREIGN FUNDS.

....i
Columbian Bonds, ex Venezuela. lbsy4 h 17 17%
Mexican, 5 per Cent. 1837 ...... ...
Ditto.
Ditto. Deferred
Portuguese Bonds, 5 per Cent
Ditto Account
Spanish 5 per Cent. 1840.
Ditto, Account 28573/4 283/4
Ditto 3 per Cent. ..
Ditto, Account
Belgian 4% per Cent.
Dutch, 2% per Cent
Ditto, 4 -per Cent., Certafic 98%1/2 98IA
PRICES OF CLOSING
131ILWAY SHARES PAID. A ONE O'CLOCK. PRICES

Aberdeen
... . _

, _ ... ...
Armagh, Coleraine, and
Portrush l%
Birming. and Gloucesterloo 134
Do. New
Birmingham and Ox-
ford Junction
Bristol and Exeter
Caledonian
Ditto Extension ...... 21
...... 2%
Cambridge and Lincoln ILA__ 414%14% 414
Chester and Holyhead... 10
Chichester and Brighton 10
Churnet Valley
Coventry, Bedworth, and
Nuneaton ........ ...... 1 va. 434 4 414
Cornwall
Coventry and Leicester 114 2
Direct N orthern
Dublin and Belfast Junc 2 A —
Dublin, Belfast, and . ._. . . . .... _

,
Coleraine
Dublin and Mullingar... 211%_e 4l/ 4%
Dundalk & Enniskillen 2% 51,4 SIA,
Eastern Counties 141. 165....... 20% 193% 201 A 20 ''''
Ditto New 4/. 16s.
Ditto Perpetual, 5 per
Cent, No. 1.-5/. 13s. 4d l% l%
Eastern Union l5 .. ... •

Ditto Extension . ... 1% 27/9 3% 3 3
Edinburgh and Glasgow 50
Ditto New% Shares... 21/1 — ... 7
Great South. and West.

(Ireland)
Great North of Scotland 2%...... 3
Great North of England..loo 244
Ditto New

Ditto New
Great Western BO 206:204 205
Ditto Half Shares 5O 115
fluildford, Fare'in,Ports. 2t/2.....
Hull and Selby
Ditto, Quarter Shares 12%...... 211 2ll/
Do. Half Shares ...... 2 ......

London and Birminghm (5t0ck)...238
London and Blackwall. 161. 13s. 4d.

London and Brighton... 50
London and Croydon, 131. 15s. 9d
London and Greenwich 12/ 15s 4d... 11 11

Loud. & S. Western 41/ 6s 10d...... 82 83
Do. New

Do. New

I i/-;

Lynn and Ely
London and York 214 414 3ys 414
Lynn and Dereham l% 3
Manchester and Leeds... 73 l6sk 165%
Do. V, Shares
Do. Quarters
__. 2
MI/

JO -4_
Do. Quarters
Do. New Quarters ... 2

Manchester and Birnnn. 40

Manchester, Buxton, and
Matlock 223....... 4% 4%
Midland 100 .182 181 182%... 181
Do. New
Midland, Birm., Derby 100 143 141 l4l
Newcastle and Darling-
ton Junction 25 ...... 51% 51%
Do. New Brandling... 10
Newcastle and Berwick 1% 174% 173/4
Newry and Enniskillen. 2% .....
Newark and SLeffield .. 1% IYB ........ 1%
North British
Do. New
North Kent 23/4.... 514% 5%
Norwich and Brandon... 10

Do., New ..... 1
Oxford and Worcester... 21/2 5% 5l/2
Richmond and West End

Junction
Rugby, Worstr, & Tring 1
Scottish Central
.Scottish Midland l%, —. 3% 3%
Shrews., Wolverhamp.,
Dudley, and Birm 2%..... 4% 4%
Shrewsbury and Trent
Valley Union
South Devon...
South Eastern & Dover 3312 s 4d... 46% 461/
Do., No. 1.. 8

Do., No. 2. - ...... ... 161/2
Do., No. .3
South Wales 2% 4% 5%
Trent Valley and Holy-
head Junction
Waterford and Kilkenny 1 .. ~.. 3% ,. 3%
Welch Midland
Yarmouth and Norwich. 20
Vork and North Midland 50 1052.
Ditto Scarboro' Branch. 25

Do. Selby
Do. Extension
FOREIGN RAILWAYS.
Boulogne and Amiens... 4
Bordeaux and Toulouse 2 '
Bordeaux, Toulouse, and
Cette
_ ,-

Dieppe and Paris June. 2 ...... 1%.......
Dijon and Mulhouse ... 2 .

Geat North. of France

....
(Laflitte's)
Do. do. (Rosamel's) 2
Great Paris and Lyons - 2 ...... 1% • ••• 1%
Jamaica Junction l% 3:4 3IA
Louvain and Jemeppe... 2 ... . 4!-4 .. 4%
Orleans and Vierzon ... 2 ...... 14
Orleans and Bordeaux... 2

Over Yssel 413 s 4d lll/(3
- _ _

3 _ ,- _
'aria & Lyons, Latlitte's ..:
Parts at:d Lyons, tiad-
neron's,
Paris and Rouen 2O

Royal North of Spain ... 2 ..• 2IA
Sambre and Meuse . 4 ..... 10745/ 105(8
Verona and Ancona

THE COLOSSEUM.—The attractions of this epitome
of fairy land continues undiminished. Every day it is crowded by
fashionables, whose expectations, although previously raised to the
highest pitch by the description they have heard of its wonders,
yet, one and all confess, that those expectations have been more
than realised. The night exhibition is also thronged every evening,
as might have been anticipated. for certainly, the illuminated pano-
rama of London by night, with its wonderful dioramic-effects, is
the greatest pictorial novelty of modern times. ,-

THE NAPOLEON MUSEUM.—We_ lament to learn
that this wonderful collection is about to be broken up and distri-
buted : it is advertised for public sale.. We have therefore paid it a
last vis!.t, to mourn over the separation of so many thousands of in-
teresting relics, the collection of which was a labour of amazing in-
dustry, zeal, energy. and enterprise. It was commenced and com-
pleted by a gentleman named Sainsbury, to whom it still belongs.
He began his wort by purchasing a few prints, thence went to pic-
tures, thence to memorials of every sort and kind, the authenticity
of which-was proved beyond the hazard of controversy. It is suffi-
cient to say that in its present state it contains, in addition to 10,000
MSS., 8 marbles, 60 paintings, 70 miniatures, 60 enamels, 20 gold
orders, 900 coins and medals, 10 swords and daggers, 1,300 volumes
of books, 130 drawings, 30 carvings, 3,000 engravings, 100 bronzes.
The examination of the assemblage has been a rare treat; unhappily
it has ceased--most probably for ever, inasmuch as it is not likely
one single person will be again the possessor of the store. Still there
are few evils unaccompanied with good ; the sale will enable many
persons to obtain a single relic, to be valued as a precious acquisition;
ibr Napoleon is now a history ; all asperities associated with his
name have been rubbed down by time, while there endure respect
and admiration for a marvellous man.—From the Art-Union, June,
1845, page 171.

THE UNION OF CHURCHMEN AND DISSENTERS.-..
We copy the following phillippic from the Morning Advertiser.
What other result could any rational being anticipate The
Patriot of Monday contains an account of the proceedings at the
Anti.Maynoeth Conference in Dublin. Some of the speeches
at that meeting have filled us with surprise. Were the accuracy
of the Patriot's report not placed beyond all question,
we could scarcely believe that the sentiments attributed
to several of the speakers could ever have been uttered
by them. Sir Culling Eardley Smith and the Rev. Mr.
Blackburn seem to have left their principles as Dissenters behind
them, when they quitted the shores of England. At any rate,
they came out in Dublin a pair of Orange bigots, and very good
bigots, too, for a beginning. If they continue for a fortnight
longer to make the same progress towards High Church princi.
plys which they appear to have done since they left England,
we venture to surmise that ere the lapse of another month
they will surpass, in their anti. Dissenting tendencies, such ultra.
Churchmen as the Rev. Messrs. M`Neil and Stowell. Sir Cul-
ling fell foul of the late Anti-State-Church Convention at
Crosby-hall. His attack on that movement was in the
very worst taste. Nor were the representations lie made re.
specting the Convention in accordance with fact. The Conven.
tion was approved of by many of the leading Dissenters
in London, as well as by a majority of the brightest ornaments of
Dissent in all parts of the country. In speaking of Mr. Blackburn,
we have no such reason for reservation. That gentleman has, as
far as in him lay, grossly betrayed the cause of English Dissent.
On the platform, in the Dublin Rotunda, he virtually abjured his
principles as a Dissenter. We wish he had completed the thing
by abjuring the name of Nonconformist."

PRICE OF GoLn.—The premium on gold at Paris
is 19 per mille, which, at the English Mint price of 3/. 17s.
lOid. per ounce for standard gold, gives an exchange of
25 63 ; and the exchange at Paris on London at short being
25771/2, it follows that gold is 0.56 per cent. dearer in London
than in Paris. By advices from Hamburgh, the price of
gold is 4371/ per mark, which, at the English Mint price of
3/. 17s. 101 d. per °mice for standard gold, gives an exchange
of 13 11i ; and the exchange at Hamburgh on London at
short being 13 12k .it follows that gold is 0.57 per cent.
dearer in London tnan in Hamburgh.

The Duke of Sutherland and the Marquis of
Stafford have left Erskine House, where they had been ♦isiting
Lord and Lady Blantyre, for Dunrobin Castle and the family
estates in the north of Scotland.

The dress which the Hon. Robert Curzon wore
3: the Queen's ball was not a " Venetian costume," but the superb
:till dress and cap, with jewels, el a Persian noble in the last century.
Air. Curzon returned Lst year from a mission to Erzeroora,
borders of Penis.