The Sun.
London, England, 1844-03-04 00:00:00

Tilt SUN, LONDON, MONDAY MORNING, f IVIARCEt 4, 1844.

favouritism in the patronage of the Admi-
ralty,--most especially perhaps in the department
of naval architecture ; and to the necessity of both
the professional and the civil heads of that Admiralty
dismissing obsolete prepossessions and prejudices, in
favour- of inventions, discoveries, and principles
tested by the most carefully conducted experiments,
and by preCtical results the best authenticated and
the Most conclusive. It is gratifying to remark that
Conservative Members of the profession joined
heartily with Whig and Radical brother officers, in
the :valuable admonitions which they tendered to
the Government authorities on these all-important
subjects. The tone of personal independence
which they, took was well contrasted and dignified
by the professional solicitude they manifested for the
well-being of the 'service to which they belonged.
Whilst we pay this just tribute to the speeches of
Sir CIIAILLES NArnut and Captain Rots, Captain
PECICELL •and Sir Gsoaola CocxravaN, we Must ex-
press our regret that the latter (for whoie first-rate
seamanship. and distinguished professional tareer we
entertain the most unaffected respect), should have
evinced a little of that impatience under contradiction
and the statement of opposing opinions, which went so
farto justify the objection powerfully urged by Captain,
ROCS to the impolicy of retaining in active employ-
ments and commands, those, whom age or infirmity
ought to have retired, in order to be, replaced by men
less advanced in years, and whose greater energy and
physical vigour must be so much better suited to the
demands and exigencies of the service. The Right
Hon. and Gallant Gentleman's answer to Captain
PECHELL will not satisfy any man that her MAJESTY'S
naval-force, off the coast of Ireland, has not been oc-
casionally called upon to aid, directly or indirectly,
in the collection of poor-rates and other such services,
at once distasteful to and incompatible with the true
duties of the navy. Captain PxotiELL did good service
in calling attention to the gross neglect of the Admi-
ralty, in so long delaying the adoption of certain in-
dispensable improvements in the build and equipment
of our war-steamers. He instanced their tardiness
in fitting their vessels with-that invaluable and mar-
vellous application projected by Mr. SMITH, and
pressed upon the Board unceasingly during the last
year or two, .of the Archimedian screw-pro-
peller. The French war-steamer which accom-
panied her MeJzstY pait of the way from
"Treport, and -afterwards, if- we -remember,
visited POrtsmOuth with,the French Princes,ii a per-
fect Model of a Steeple? on this principle ; in the, use
of which, greater security and effectiveness are neces-
sarily attained with greater symmetry, from the
absence of the unsightly and eumbrous paddle-boxes
on the sides and, waist of the craft---offering, at once,
the-fairest mark for the enemy's guns and the most
certain means of her own instant.' and' irretrievable
crippling. What was the• answer of Sir G. COCK&
BURN to the ease of immediate necessity so irresis-1
tibly put to bim;—on the, fair assumption, always ad-,
missible in argument thOugh to .be deplored indeed;
were it truly in anticipation,—of hostilities between
France and England ? This
" They had .now several engineers engaged in testing the
results of different experiments, and he had no doubt but
that before many years elapsed we should 'have adopted a
principle so Much - improved as entirely to defeat the rivalry
of foreign nation 4,... .
" Before Inanyryears have elapsed"--elas ! the ques-
tion of the wisdom or the folly of our steamers being
Now prepared and fitted, or not, with these screws
may have been already decided. -We must resume on
an arly day, our notice of the remaining passages
in the, debate,

, • • ,

The only: intelligence in -the Madrid journals, of the.
23d ult., is a decree published by the Finance Minis-
ter, relative-the tobacco duties. According.tothis,
vast reforms: are to take place, and the interest on the
Three per Cent4'is to` be' faithfully, paid, The plan is
to leak the duties to a company of capitalists, on
certain conditions, among which are the following :
The contract shall endure for ten.' y&tra,• :reckoning
frota:theAst of May, 1644. rho con't'ractors shall
~pay ;4,999,qqa Teals (780,000/.) each year, into the
withput any reduction; and Oa* contractors
advance .to the Government 50,000,000 of reals
jaliOn[in gold or silver, or in bills on ?axis and Lon-
den; or on the' w-ovince,-ixt the etchange Of the day,
in four eipial payments, the first Rayment to be made
on the day the contract is taken possession- of.' • 'This
advanciotfulids 'on theyart of the enterprise will
bed an _interest Of 6 per cent,- payable half-yearly.
' The cOntriictors will be repaid this'- advance of
60,009,090 (500000 'at the rate of 10,000,000
each year of the last five yeari of the dulation of the
t • I
contract. All. this promises fair; but, nevertheless,
we say..to English contractors,- leave all the advan-
tages of the 'pontract to the Spaniards theMselves.
We fear it is only another scheme to raise' the Wind,
and rob those who will be mad onOugh-,te *trust. to
Spanish honour.
The Three per Cents. were quoted at 80 7716 at
sizty days, 'and Fives at a • '

• The affair of Otaheite still - occupies public atten-
tion at Paris, but it is to be hoped that the explana •
tions given by Ministers in the Chamber-on` Tuesday
will let it at rest. The •conduct of Admiral DUFETIT
TIIOUAILS, on the showing bf the Minister of Marine,
was both unjustifiable and ridiculous. No resistance,
said M. GutzOT; had been made against- the French
authorities, either by the Quttrt or the English, and
there was nothing whatever to justify -the conduct of
the Admiral: He indignantly repelled' the charge
that the Government had acted in-this affair in con-
sequence of any communication from the English
Cabinet, and declared that the resolution which had
been . adopted by the KING in Council was a sponta-
neous independent act. A brief report of the
speeches will, be found under the proper head. The
ICING returned 'to Paris from Eu, 011 Wednesday
•forenoon: The funds on Thursday closed at the price
of the prOcediiig- day.
- •TELZ BOURSE-,--Thvasnai, FEL 29. _

• First, Lowest Last
• Price, • -I'rice. . Price.' Price.
_ .
Trench. Five pnrCeats. 12
.• 570 • . 125 ,75 .. 125 70 .. 125 70
Four percents ..—' 106 10 ..' 106 10' •.. 106.10 106 10
• , Three per Cents., 'l2 -35 .. • 82'40.. •8235 .. 82 35
.Bank of France ....3270.3270' ..3270
Ladino Bank,l,oo _ "
of. Sharesllos ..1105 ..1105 .. 1105
Belgian : •• 657 SO ••• , 660 657 50 •. 660
Belgian Fives ••
104 ... 104} 104 .. 104}
1840 •••• •• • • 107} .. 1071 .. 'lo7} .. 1071
- ' • 1842 •••••••• 1091`.'
..• 109# • 109}' .. 100}
Threee---• • •.• • 76,76 .• 76.75 .• 76 75 • • 76 75
Spanish Active
^ • Passive . SI .. 5/ . 5f .. • 51
Portuguese Five per Cont S.. 46 46 ... 451 .. 451
. 103 .. 103. •• 102 30 • • 102 65
Roman
. . • ' RAILWAY SHARES.
St; Germain • .........
Versailles, R. 8.... ..... 350 . • • 350 •• 350 .. 350
L.'l3
Rone,n-,to Hors ••• . • ...
,Orleans •• •• • • 850 • -851 25 ,• . 850 .. 850
sthasixig to Bale ..... 246 25 .. 247,50 • • 246 95 247 50
Avignon to Morsellles .• • .6. 755 .. 755 ...755 .. 755
' • RAILWAY .SHARES; TOR TUE 'ACCOITNT.
St. Germain
Versailles, R. 8... •. • • -330 .. 356 .. 350 .. 350
-L.B 167 50... 175 .. 167 50 .. 1715
ROtren 6 . . 837 50 .. 837 50 837 50 887 50
'Rouen to'ffavre.• • ..... 673 75 •. 673 75'.. 673 75 •• 673 75
Orleans • B5O .. 852 50 --MO. .. 852 50
Strasburg to:Bale •• • •
AVigiion to garsellies::•• • 757 30 ;; '758 75 .. 755 758 75

The dinner to be given to Mr. O'Comiell,' at Covent-
Orden Theatre; on Tuesday the 12th inst., already
excites,Publieattentien in a demo beyond 'any simi-
lar occurrence in our recollection. The dinner given
to Mr. •Byng, on his completion. of fifty years service
in Parliament for this county, was a magni#cent af-
fair; but Will be exceeded on the present occasion. The
'applications for tickets to
,the dinner, and for ladies
to the boxes to hear the speeches have been more
_than the stewards anticipated, and by parties who
from their rank and station Could hardly, have been
, expected to ,attend. The,musical arrangements have
been plaecl.under the care of Mr.-George Stansbury,
and every pains taken to give effect to the
pieces, many of them new. kir *the 'occasion. A
full' military band, comprising • the ' first talent
in London, will perform during dinner, and
occasionally afterwards. • The toasts and senti-
ments to be given, and the various speakers by whom
they are to be introduced and acknowledged, have been
carefully selected, so as to afford'no ground for offence
to any portioh of the Liberal party, or even to those
who view the late trial of O'Connell as an unfair per-
Version of justice, apart from all political or party
considerations After the debate of Friday last there
can be but one opinion, throughout the • press as to
' thetonduct which they must pursue on the present
occasion, to vindicate themselves from any supposed
approval of acts of espionage and violated confidence.

One of the very few Tories in the Leicester town-
council, :being unable to sleep o' nights, because of the want
of a mace, has been endeavouring to stir up his colleagues to
recbver the "bauble" which they disloyally 'sold, on their
entrance ,to office, on the passing of the .new. Act. It was
.. too bad.,! he said, to, sell a "royal gift." Well f to satisfy.
him, the town-clerk seirebed the efirporate records, to trace
the history of the mace. Alas for roYlify I' it turned out
that the " royal gift" was purchased, and paid for, by the
town of Leicester, in 1645, in consequence of Charles the
First and his soldiers having stolen the mace previously in
use t Fact plays sad havoc with romance... Leeds Times.

AMERICAN NEWS.

LIVERPOOL, SUNDAY MORNING.

By the packet United. States, Captain Britton,
which arrived at Liverpool yesterday morning, we
have'. accounts from New York to " the 14th ult.,
being five days later than those brought by-the, last
arrival. Her Majesty's ship Vestal, with Mr.
Pakenham, the British Envoy to the United ,States
Government, on board, reached Nevi York on the
ol3tth,foarft:ewr
ashi'avngtery "stormy passage.- He-was to set
u
Washington next day, to replace Mr.. Fox,
who would depart in the same ship for Vera Cruz, in
a Week or a fortnight On reaching the harbour of
.
New York the Vestal fired a -salute of twenty-one
guns, but, according to a correspondent of the New
York Herald, the naval authorities were not prepared
to return the compliment. "Peimit me," says thewriter,
through your columns,- to inquire of the naval autho-
rities of the port of New :York, what is the cause
that onile. arrival of a national ship of a friendly
power in our harbour, and who salutes our flag, that
we are not prepared immediately to return the friendly
greeting ? We are induced to make this inquiry as
we happened yesterday to witness the arrival oT the
British frigate Vestal (conveying to our shores a high
diplomatic fUnctiOnary), who, as soon as she came to
anchor, hoisted the United States flag, and saluted it with
twenty-one guns. We remained on the battertfor
more than an hour, eagerly watching the re-
sponse to so kindly a greeting, but,. up to a late hour,
yesterday afternoon, it was not- returned." The dis-
cussion in Congress, on the tariff of 1842, was still
going on. The last speaker was a Mr. Huntingdon,
who stood out for high protecting duties, with as
much-fury and argument as any of our most deter-
mined monopolists, but his speech excited not the
slightest interest. A correspondent, who writes from
Washington on the 12th, gives the following report
'of proceedings in that quarter ;—" The President is
certainly expected to send into the Senate six great
• appointmenst, two Cabinet Secretaries, three Ministers,
and a Judge, together with many minor appointments.
The great debate' upon the Oregon question is ex-
pected daily to arise. Mr. Allen .will call it up to-
morrow. Col. Merrick will bring in his Post-office
Reform Bill to-morrow ; that subject will:then be open to
debate; This week, therefore, you may look for highly
interesting and important news from Washington;"
Great expectations prevailed at New York that the
markets, and chiefly the Cotton market, would be
very brisk. Stocks in general :were firm, and many
of them had advanced considerably. We subjoin the
only extracts of interest and- amusement from the
papers:-- • '
'BRAZlL.—Advices from Rio, to the 13th of December,
have been received in Baltimore.
Affairs in all parts of the empire were in a proaper-
ous condition. RioGrande was more peaceable.; indeed,
the insurgenti had been entirely subdued.
The importanee of the political movements of the
Opposition:party, which we havelveererytofomruecmhelniktieontehde,
_hptuaampveepr.sb.:AnThehg:ranuteatly overrated in the Bahia and other
The increased s put in
force,' also a stamp duty on dispatches, which, amounts.
PttS4atidoehirssornoßefrathsiils is very
,to about 14ra. per barrel for flour, and 13rs. per bag for
coffee.'
It was reported in Rio, that.one the 28th of NOvetn-,
ber, -Gen. Rivera was on his march toward Monte Video.
with the intention of raising the siege, and it was
expected that
ththe
conflictre onesWto way
fageonreorathlebn,
battle would ere
long decide
LATE FROM MEXICO via Nsw ORLEANS.—We have
received advises from Vera Cruz to the 27th ultimo :
The internal state of affairs in Mexico remain tran-
quil. Santa Anna is at his hacienda near Vera Cruz.
He gives his persoal, superintendence to the extensive
repairs now making to the castle or San Juan di. Ulloa,
and the fortifications which defend Vera Cruz.
The British , frigate Inconstant arrived on- the 22d
from Port Royal.' She reported that the whole_British
West India fleet was to sail for Vera Cruz.-two days
after she left.
The condition of the TeXian prisoners at Peyote• is
worse, if possible, than by preyions accounts, Sickness
and suffering, are thinning their numbers. Of the whole
.number cOnfined; but eighteen are able to perform the
labour imposed Upon them by their brutal captors.
It was reported at Vera Cruz that
.theßrit_ish Minis- -
ter had intimated to the Mexican authorities, that upon
the arrival of .Mr. Fox, the new Minister from England,
the British flag, which was captured from the Texans,
should be hoisted, on the staff of the castle, in addition
to the usual salute. This arrival was daily expected.
There were inport two British brigs of-war and two
French sloops of war.
IMPORTANT ARREST.—J. C. Ashley, vrell-knovin in
this city and Brooklyn, has been arrested-on charges of
forging mortgages on property in Brooklyn, and perjury
in sustaining them before the Court of Chancery. The
examination of the case will be concluded to-day, and
the whole particulars
sevuedrgeyxive
Massachusetts.
engeilntoyeoaofet
etrprgr o w .
THE PLAGUE COME. TO TUE UNITED STATES.—We
d
see it stated in some of the penny papers that a new'
disease, suppose& to be the plague, has made its appear-
icAkibnogu,tiohnialef-sam-dyornzena
PawnocrianwtshiShacaxhd]asi:beedagintau-hought to have conveyed the infec-
tion. In the present dearth' of medical business, we
the cholera, and the -plague excitement
for the physicians to
It is now ten years
thinksgiensince
might go very well. - _
somepwitewh oaU id
CLEAN STREETS.—For several days past the streets
have been actually passable--nay, they have been to-
lerably clean, in, consequence. of the surveillance of a
new street inspector. For many years we lave had here,
in the Second 'Ward, honest Jack. Hill, and he has kept
clean streets.. Recently,, however,- the-Providence of
Heaven has appointed a new Inspeetoriin the place of
the'locaoco one, and he is generally called jack Frost.
He has a good many of the qualities of Jack Hill, being
like him, honest, and straiglitforward, and for the last
few days has kept the streets pretty comfortable.
POST-OFFICE NEGLIGENCE AT WASIIINGTON.—Yes-
iin:day morninE no letters or papers came to us froth
Washington. We • believe that tbe negligence of the
Post-office officials at Washington begins to show itself
again. These chaps bare to be stirred up every now
and then to keep. right. ,
COLD WEATHER IN ALIIANT.—The .thermometer at
8 A.M. on Sunday, marked 4 below zero.- .
MONEY MA4KET, TrPESDAT FEB. 13.

Stocks are on the advance.. Every one on the list im
Proved. Ohio 6sup * per cent. ; Pennsylvania s's, ;
New Jersey * ; Paterson 1 ; North American
Indiana i • Harkm 2 ;Illinois i • Kentucky 6's, * ;
Farmers' Trust 1
;.Long Island * ; 'Norwich f ; Vicks-
burgh i t
abundant, and the stock market gene-
good spirit
.prevailed at both boards.
Trust closed firm at yesterday's prices. The sales were
favourably than it has for a long time.
rqulla
loibrtenemoney
looksa
Counterfeitlemoreefives on 'the Onondaga County Bank at
Syracuse are in 'circulation; dated bot. 18, 1843, letter
6 with the, endorsement of the Comptroller forged on
the back.: ,
The assets'of the Commercial Bank, sold at auction,
were nominally valued at between two and three hundred
thousand dollars, and brought about five thousand. This
shows many of the beauties of-banking in a small focus.
Evidence like this cannot be controverted. - The present
system of banking producCs cases like the above very
often. - . ,
The paper currency of many of -the southern banking
and other corporated manufacturers of paper ,money, is
fast going out of 'existence. At Milledgeville, Georgia,
on the Ist inst., $296,000 in. Central Bank bills ' were
burned by the officers of the institution. They have on
hand about $70,000 more to share the-same fate, This
will leave only aboUt $275,000 in actual Circulation.
The surest method to remedy the evils arising from an
over- abundance of-paper money, is to destroy the cause..
Commence the purification at :the fountain-head, and the
current will improve the rest. - - _ '
The Central Railroad of Michigan-bidi fair to be a
very profitable and productive:improvement: --
SALES AT THE ' STOCK EXCHANGE.
$5,00017. S. es. '6B ,9„,- - ' 102
5,000 U.S. 6's, '62
10,000 Ohio 7's , , , lO4
1,000 Ky. Short Bonds . _ _ 100
5,000 Penn'a.s's .
23,000 OhioWs, '6O . .......... 98
5,000 Illinois 6's, '7Q . ;...s 20 41
10,000 Kentucky. 6's, 30 years...,
3,000 Indiana $.; . 3B
52 Shares*Merch's Bk - 105
20 Bk of America .......... '. .. . .... , : 96i
55 State-Bk. - BB
75 Bk Com, scrip ......... - 9Bl
50 North Anierleau Trust : _ : - s3O 161
13 Farmere Loan ....... 6. - 331
50 Farmers' Loan. ....... .. .. 6 e ' b3O 831
50 Canton Co - - - ~:..s so 301
20 Dry Dock Bk ..... 46
250 Vicksburg-Bk .• B,
`P- -•*1 Railroad ,

100 l'atterson.Railrot
100 Long Island Railroad
100 Harlem Railroad.. .............
150 North Jersey Railroad ......
25 Norwich and. Worcesiet

-• • • 93
34; •

' STATE OFTRADE..
BRRADBTI4V/I.—Flour is 15oking -up in this market,
and. Grain is high at the viest._ This looks favorable.
Genesee Flour is held by some in this city at $5.
CoTTom.—The market opened with a good &Oil*
and fair inquiry from speeulatOrs, which soon ceased,
however, as holders were firm, el full rates. After one
o'clock, the tone of the day was entirely changed,. grid
offers, which were refused in the morning, were soli-
cited ; but buyers were 0ff....- Arrivals,- to-day, are very
large, and, as akket owners are making an f
effort to get,
freights up to d, at whielh it is currently reported, an en-
gagement has een made foitheithip- Garrick, the proba-
bility is our- maket will not -improve rapidly. Sales
1,000 bales. - • • • ,
NEw ORLEANS, FEB. 1.-;-0 Wing to the non-arrival of
the steamer's advices on either Wednesday or Thursday,
the market; durin both days exhibited a very great
degree of langofir, and 'the- sales were generally effected
at a decline in prices of about a quarter of a cent.
MOBILE, FEB. I.—The market has presented an
extremely dull and inactive appearance, and the reports

of the arrival of later European advices yet wanting
the proper authenticity, both buyers and sellers evince
a disposition to withhold from operations to any great
extent, until the true tenour of the accounts are made
known.