The Sun.
London, England, 1826-10-10 00:00:00

by one authority. Whethet h would be advisable to
extend the jurisdiction and authority of the Trinity
Rouse, so as to embrace all the lights in the octii-
' pation of private persons, admits of a question—hut
no doubt can we think be entertained that the manage.;
ment of the whole of the lights, beacons, or buoys,
not within the jurisdiction or the Commissioners of
the Northern Light-houses, should be entrusted to
the management of one public board.

It appears that a lengthy correspondence between
the French Admiral on the La Plata station, and the
Brazilian Admiral commanding the blockading squadron
at Buenos Ayres, has been published, The point at
issue respects the capture of a French brig, the Cos-
mopolite, by the Brazilians, the French Admiral con-
tending that the capture is not legal, on the principle
that the flag covers the cargo. The Brazilian, on
the other hand, maintains that the blockading power has
a right to cut off the commerce of its enemy by with-
holding all supplies, and he refutes the argument of
the Frenchman, by citing French ordinances in point,
as early as 1680; whereas the French Admiral founds
his present claim on the authority of the armed neu-
trality of 1780, formed between the powers of the North.
The whole point resolves itself to this, that France is
glad to avail herself of precedents just as they serve
her present purpose, without any other regard to
established rules, than as far as a conformity with them
may promote her interests. Under different circum-
stances she has different principles, and happily finds
no lack of precedents in the variety of her former Go-
veniments, to illustrate every new pretension which
it may be her interest to set up. A party who
makes a law for his enemy will not like its application
to himself. But as there is honour among thieves,
surely there ought to be a corresponding feeling among
nations. There ought to be a recognised principle of
reciprocal benefit, founded upon the most enlarged and
liberal views, and of universal application--a principle
unchangeable but in so far as it can be made more
eminently and extensively beneficial, and the honourable
observance of which should be strictly enforced as we
in peace as in war—

Differing as nations, but as men the same,
Whose Polar star—is honour.

THE FUNDS.

CITY, Twelve o' Clock.

The transactions this morning in the English Funds are ex-
tremely limited, and the Brokers seem chiefly to be emoyed in
making up their accounts for Thursday (the aecountdayT; Con-
sols opened at 804 1; and for November, 801 4. In the Foreign
Funds, Colombian Bends have decidedly taken the Ind, and have
had a rise of full 2 per Cent. since yesterday morning, they have
been as high as 374 to-day ; Mexican are 614 ; Milian, 37 8 ;
Greek, 121 144. In the Share Schemes, United Mexican, are
worse, being at 154 144 die. ; Brazilian Mines are also lower,
being 11 12 pin. ; and Tlalpuxahua, 20 SO pm.
Three per Cent. Consols, 804 I, for money and account ; Ditto
for November, 80i 4- ; India 4 per Cent. Bonds, 30 2 pm. ;
Exchequer Bile, 16 17 pm.
FOREIGN Funns.—Brazilian, 63 4; Buenos Ayres, 60 2;
Colombian, 1824, 37 i ; Mexican 5 per Cent., 51 4; Ditto 6
per Cent., 614 2 ; Greek, 131.141 ; Russian, 83 ; Danish, 564
7 ; Peruvian, 28 9 ; Spanish, 101
Mixes.—Angle Mexican, 55 50 die. ; United Mexican, 154
144 die. ; Paseo Peruvian, 144 134 dis. ; Brazilian, 11 12 pm. ;
Tlalpuxahua, 20 30 pm. ; Bolivar, 2 4 pm. ; Colombian, fi 6
per Share.

Two o' Clock.
Consols remain without any alteration at 600 ; and Novem-
ber account,ooi ; 4 per Cent. advanced to 96, and were after-
wards 95 ; Mexican Bonds, 61i ; Colombian have been 38,
but fell to 37 The report of a fresh supply of dollars for the
use of that Government being ready for shipping at Carthagena,
seems now to be considered unfounded, and the Bonds are gra-
dually falling to the old quotation ; the speculation in these secu-
rities seems to have absorbed all other business.
THREE O'CLOCK

Consols, 80k f.
FOUR O'CLOCK--CLOSING PRICES.
Consols 80-k Danish Bonds 57
Do. for Ac. 80if Greek Do. 1825 14
Brazilian Bonds --• Mexican Do. 1825, 61i
Buenos Ayres Do. Peruvian Do.
Chilian Do. 38 Russian Do.
Columbian, 1824, 38i Spanish Do. 10i