The Sun.
London, England, 1845-01-18 00:00:00

ebtrb Übitton

THE FUNDS--(CLOSING PRICES.)
BRITISH FUNDS.

Bank Stock _ 2ll

per Cent. Reduced
3 per Cent. Consols
New 34 per Cent ......... 104%
India Bonds, 1 ,OOW„ .....~
Ditto under 1,0004 .....
Consols .......... ......

Exchequer Bills, 1,0004 110 60 pm.
Ditto 500/.
Ditto Small
FOREIGN FUNDS.
Buenos Ayres Bonds 6 per Cent 39%
Columbian:Bonds 6 per Cent l4
Spanish 5 per Cent. 1840.
Ditto 1843 23
Ditto 1844 22
Ditto 3 per Cent. ... 38
Dutch, 21/2 per Cent
Ditto, 5 per Cent 99
SHARES.
Birmingham and Gloucester, 100 paid
Bristol and Exeter, 70 paid 7B
Bristol and Gloucester, 30 paid .. 44

Caledonian, 5 paid
Cambridge and Lincoln, 1% paid
Chester and Holyhead, 5 paid
Churnet Valley, 2 paid
Pirect Northern, 21/ paid 2 A
Dublin and MulUngar, 2% paid
Eastern Counties, 25 paid...
Eastern Union, 10 paid..... ll
Edinburgh and Glasgow, 50 paid
Great Southern and Western (Ireland), 5 paid 10 4
Great North of England, 100 paid
Great Western, 75 paid ... 178
Ditto Half Shares, 50 paid ... lOl%
Hull and Selby, 50 paid 7O
Lancaster and Carlisle, 15 paid ... 24
London and Birmingham (Stock) ... ...
London and Blackwall, 16%
London and Brighton, 50 paid
London and Greenwich, 12% paid
London and South Western, 41i paid 79
Ditto N cw, 21,4 paid
London and Croydon, 131. 15s. 9d. raid ... 1514
London and York. 2% paid
Mancliestpr and Leeds, 70 paid ..
Manchester and Birmingham, 40 paid ... 55
Midland,:loo paid ... l2B
Ditto New, 2 paid 9%
Midland, Birmingham, and Derby, 100 paid 97
Newcastle and Darlington:Junction, 24 paid 65
New•astle and Berwick, 1% paid 9%
North British, 71,f paid
Norwich and I3randon, 8 paid l5
Richmond and West End Junction, 1 paid 4
Rugby, 1 paid 2%
South Devon, 10 paid
South Eastern and Dover, 33A paid 47
Ditto New Shares, 4 paid 1914
South Wales, 2% paid
Trent Valley, 2 paid 91%
West London, Old Shares, 20 paid 6
Yarmouth and Norwich, 20 paid 2734
Ditto, New Shares, 8 paid lsl‘
York and North Midland, 50 paid
Ditto Scarboro' Branch, 10 paid 34%
Ditto, Selby Scrip, 20 paid
Ditto Extension, 11 paid... ............... ...
FRENCH RAILWAYS.
Boulogne and Amiens, 2 paid
Great Northern of France, 4 paid
Orleans and Vierzon, 2 mid ll
Orleans and Bordeaux. 2 paid B%
Paris and Lyons, 2. paid
Paris and Rouen, 20 paid 40%
Paris and Strasbourg, 2 paid

SPIRIT of the PUBLIC JOURNALS
%OH THE EVENING PAMIRS OF THIS DAY.
GLOBE.—Mr. O'Connell has been check-mated,
and repeal agitation discouraged, by the interference
of the Papal See. A Rescript from his Holiness the
Pope, addressed through the Propaganda, to the
Catholic bishops and clergy of Ireland, commanding
their abstinence from all interference in the political
agitations by which Ireland is distracted, is a heavy
blow and sore discouragement to the repeal cause.
The document in question states that the distrac-
tions which exist among the faithful in Ireland are
" most distressing to the Sacred Congregation, and
to his Holiness himself," as " tending to the detri-
ment and disgrace of the Universal Church." And he
enjoins on the clergy to " avoid mixing themselves
up with secular affairs, and to assiduously foster
among the people a spirit of quietness, calm, and
peace, which is the bond of Christianity, and a due
obedience to temporal power in all matters of civil
life. The leader of the agitation saw, with instinctive
perception, the effect of such a document on the re.
peal cause, and the necessity which existed for neau-
tralising its power by denying its authenticity. He
Therefore asserted that it was a fabrication—a weak
invention of the enemy; framed with some skill, but
still betraying its destitution of authority by internal
marks of its illegitimate origin. Its latinity was
also severely examined. It was submitted to the
crucible of criticism ; and two or three somewhat
clumsily-constructed sentences were detected, and
commented upon—as proofs that the Rescript could
not have emanated from Rome. The Pope's la-
tinity must, of course, partake of the infallibity
of his office. Any defect which criticism coulu
detect in the construction of a phrase, would detract
from the claims of the document to reception and re-
spect. The admission of its authenticity would be to
impugn the claims of his Holiness to exemption from
error. Such a discovery would, therefore, in itself, be
sufficient to raise doubts in the minds of the Re-
peelers. These doubts were further strengthened by
some assumed irregularity in the mode of its transmis-
sion. The Pope's Rescript was therefore pronounced
a vile forgery. The Roman Catholic clergy were
assured that they were still "free as air" to aid the
" hereditary bondsmen" to effect a separation of Ireland
from England, by agitating for the repeal of the
Legislative Union of the two countries. The laity,
encouraged and sanctioned by the clergy, would con-
tinue, with undiminished energies, to subscribe to
the fund, and throng to the meetings, of the Repeal
Association. Mr. O'Connell, therefore, in a letter
to Dr. Cantwell, impugned the integrity of the
Rescript, and avowed his belief that it was " not
a canonical document." The Roman Catholic
Archbishop Crolly has, however, set the question
of the authenticity and imperatiVa obligation of the
Rescript upon the Bisheps and' Clergy of the Ca-
tholic Church, entirely at rest. The Archbishop
states, in a letter to Mr. O'Connell, that " The Re-
script has been laid befor the assembled Catholic pre-
lates in Dublin," who " not only acknowledged it to
be authentic and canonical, but to be a document oi
such importance that they entered it on their minutes,
and unanimously resolved that they would regulate
their conduct according to its injunctions, and use their
influence with their clergy, in their respective dioceses,
to prevail on them to follow its salutary instructions."
The Pope's Rescript, and the prelate's letter affirm-
ing and enforcing it, have placed Mr. O'Connell in a
position of serious embarassment. 'We see no path-
way of escape for them. He is transfixed between
the horns of a dilemma. If he obey the mandate,
his political existence, as an agitator, is at an end. He
.has hitherto professed to act in the most perfect ac-
cordance with the bishops and clergy of the Roman
Catholic Church, to the authority of which he has
bowed with deep devotion. The presence of some of
the bishops at the repeal meetings, and the active aid
of the inferior orders of clergy in every way in which
that aid could be given, has contributed to keep up
the influence which Mr. O'Connell has wielded over the
public mind in Ireland. To the sanction and aid of the
priests, O'Connell has been wont to refer the multi-
tudes. He has thus animated the popular excitement
by appealing to the presenceand sanction of the minis-
ters of religion to the cause of repeal. But the bishops
. and clergy of the Roman Catholic Church in Ireland
.tnust implicitly obey the orders of the Holy See, and
:t twat at once detach themselves from the political
• gitat:on. The withdrawal of the clergy will be the
• ignal for all good Catholics to do the same. The re-
it alts seem already to be anticipated and prepared for in
t le repeal councils. Retrenchment, the necessary conic-
uence of diminished resources, is already commenced.
till further reductions of the repeal staff are an-
te ounced. " The first report of the Finance Commit-
tee, read to the General Committee on Tuesday, and
a( (opted, recommends the reduction of eighteen
el erks, and also some out-agents, including Mr. W.
J. O'Connell, the London Head Repeal Warden, and
Be'veral others of minor note in Dublin. The salaries
of the officers retained are to be reduced, with the ex-
cej )tion of My dear Ray,' who is to be continued,
wz th his present allowance of 4001. a year, besides im-
pel; rtant sundries. A reduction in the printing and
sea tionery departments is under consideration ;
aft, ter which the newspapers in the pay of the Associa-
flea i will come under the notice of the retrench-
ing committee. To denounce the authority of the
poi/ Je, and exhort the inferior clergy and the laity to
refs ise obedience to the Lescript, is the alternative of
adi lifting the Holy See to interfere with repeal, and
thu s withdraw the clergy from agitation. Such a
COY' rse would, by its desperation, defeat its design.
It vould he fatal to his influence as an agitator of the
pee ple, while it would be destructive of his reputation
as a member of the Church, which enjoins upon
all , its members implicit obedience to spiritual
autj iority. In this the crisis of his fate, Mr. O'Con-
ne 's tactics will be subjected to a test such vs
thej have never yet been called to endure. He pro-
posi .s that " a lay deputation be dispatched to Rome,"
to a vert what he designates " a conjuncture which in-
voli es their civil and religious liberties in the
moi t imminent peril." Report this morning states
that Mr. O'Connell is about to proceed to Rome
u, his mission. He will thus be able to with-
e himself from Dublin at a time when it is
)03, liarly embarrassing for him to be there. The
circt =stance of his proceeding to Rome on the re-
peal' business would keep up the delusion a little
long, , or. He would be thus gently let down from the
elevation of political power, which he has so long oc-
cupied, instead of finding himself hurled from it
auddi ally, and unprepared. Mr. O'Connell's apology

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