The Sun.
London, England, 1844-07-12 00:00:00

ebirb Vitittion

SUN OFFICE, Seven o' Clock.

PRICES OF SHARES

IN CANALS, RAILWAYS, BANKS, ASSURANCE
AND OTHER COMPANIES' STOCK.

LONDON, FRIDAY, JULY 12.

Dividend

Amount

Paid.

per
Annum.

Names of Com-
panies.

Price,

Share.

bi per cent.
41.

---
Canals. £ s. d.
Ashton and Oldham... 97 IS 0
Ashby-de-la-Zouch-av 113 0 0
Basingstoke lOO 0 0
Bteckneck & Abergay. 150 0 0
Birmingham,l-16thsh. 815 0
Do. and Livcrp. Juuc. 100 0 0
Chelmer & Blackwater 100 0 0

Coventry
Crom ford
Dudley ..-....-..
Derby.
Danube and nayne....
Ellesmere and Chester

100 t 0
100 0 0
100 0 0
100 0 0
41 13 4
133 0 9

cr cent.

Ei. 153.

Erewash .....
Forth and C1yde.........

I L 53.

112 s. Rd.

-ss.
1.108.
344
101.

34
17s. Gd.

101.
6 percent.

151.
11. 10s.
151.

324705.

101.
Si. 109.

11. N.

3 per cent.
per cent.
44 per cent.
4 per cent.
91.10 x.
5 per cent.
5 per cent.
1% per cent.
4 per cent.
4 per cent.

Grand Junctron ... .......
Grand Union ..... .........

Grand Surrey ......
Grand Western ...
Glamorgansh., ay. cost
Gloucester & Berkeley
Grantham
Huddersfield
Kennet and Avon av
Lancaster '
Leeds and Liverpool...
Leicester
Leicester & Northamp
Loughborough ........av
Monmouthshire ....
Montgomeryshire
Melton Mowbr.y
Mersey and lewd!
Macclesfield ........
Neath
Oxford
Peak Forest .....».....r`
Regent's (or London)
Shropshire .........
Somerset C0a1...—."
Do. Lock Fund Stock
Staffbrd and Worcester
Shrewsbury
Stourbridge .....
Stratford .on.Avon...av
Swansea
Severn & Wye & Rail
Trent & Mersey, 14 sh
Thames & Medway..av
Warwick and Binning.
Warwick and Napton
Wurcester & Binning
Wilts and Berks.....av
Wisbeach
Wey and Arun....
Docks.
Commercial
East and West India
London
Ditto Bonds
Bristol.... ..... ...... ay
Do.Bnds, var. amoun ts
St. Katharine
Ditto Bonds.—
Ditto B. nds
Southampton

100 0 0
Stock
Stock

147 9 0

Stock

50 i 0

Bridges
Hammersmith
Southwark, new Subs.
Ditto New of 7% pr c.
Waterloo .........
Ditto Old Ann. of 81,.
Ditto New ditto of 71.
Ditto Bonds--..........
Vauxhall .ay

I% per cent.

It. Os. Sd.
18s. Id.
per cent.
14. 71.

95. 10$.
4 per cent
6 per cent
6 per cent.
35.851._pr sh

50 0 0
63 2 8
50 0 0
100 0 0

70 10 3

500 0 0
25 0 0
100 0 0
100 0 0
50 0 0
250 0 0
250 0 0
50 0 0
100 0 0
100 0 0
50 0 0
1000 0 0
20 0 0
20 0 0
20 0 0
Stock
100 0 0
25001
25 0 0
500 0 0
100 0 0
100 0 0
100 0 0
50 0 0
25 0 0
25 0 0
20 0 0
50 0
20 0 0
100 0 0
5 0 0
Stock

£ s. al.

100 a o!' I.

llrrIIrr
11 13 4 a

100 —0
o fl

100 0 0I 1.

All paid

100 0 0
100 0 0
2Ch; 0 0

40 0 0

50 0 0

109 0 0
100 0 0
100 0 0
50 0 0
25 0 0
100 0 0
10 0 0
50 0 0
100 0 •
20 0 0
50 0 0
25 0 •
50 0 0

20 0 0
4000
20 0 0
77 10 0
SO 0 0
20 0 0
20 0 0
20 0 0
100 0 0
100 0 0
75 0 0
50 0 0
50 0 0
59 0 9
25 0 0
39 0 0
50 0 0
100 0 0
50 0 0
5,) 0 0
50 0 •i
50 • •

5 0 0

65 0 i
20 0 0 lb

25 0 0
100 0 0
41 13 4
100 0 0

SO 0 0
100 0 0
03 12 9
100 9 0

O I 4
0 0 4:
O 0 4:
O 0 191
O 0 j;
O 0 21

o 0 h
10 0
• 0 4;
• 0 )7
10 0 1;
0 • 4
O 0

e 6
O 0

1

16 0 0
Is 8 0
19 0 0

; ';

0 • -;
0 0
O 0 154
5 0 7
O 0 7(
O 0 3,
O 0
O 0 2
O 0 rA
O 0 3-
O 0 71
O 0
O 0 3

0 0

25 0 0 ft
- 2r
8.
5!

1100 0
100
70 0

0I s•

SPIRIT of the PUBLIC JOURNALS.
FROM THE EVENING PAPERS OF THIS DAY.
GLOBE.—The Bill for repealing the union of the two
Welsh bishoprics received its death-blow on Thursday last.
The Duke of Wellington then struck it down by a sudden
blow of the Royal Prerogative—a " State trick," which was
kept in reserve, as a dernier resort, to prevent the con-
fusion and disruption which it would have caused in the
Ministerial ranks,-had it been allowed to enter the House of
Commons. There the discussions would have separated
Gladstone from Peel—Goulburn must have supported,the 13i11,
or vacated his seat for the University of Oxford—while the
Ministerial benches would have been again in a state of
most admirable insubordination. With the additional bitter-
ness which Church questions generally infuse into debate, the
scenes that were enacted on the Sugar Duties would have
been repeated. Such a Bill was to be got rid of at all
hazards, and by any means. The danger was imminent.
It required no ordinary skill, on the part of the Ministers, to
extricate themselves from the difficulties, of their position.
The evils on either hand were obvious. On the one side was
the Church, demanding the preservation of the two sees
which were threatened with amalgamation. Lifting up their
mitred heads, and raising their episcopal voices, the Bishops
protested against the dangerous interposition of the State
with the spiritual functionaries of the Church. Those of the
lay peers who sided with the Bishops in their crusade against
the Government, denounced, in terms more caustic than
courteous, the 44 manoeuvre" by which the Duke of Welling,
ton, acting in the name and on the behalf of the Ministry,
had frustrated the vote by which the Lords had de-
clared for the retention of the Welsh bishopric sacrilegiously
threatened with extinction. All this was bad enough. But
Prime Ministers possess peculiar means of softening the
wrath of Bishops. The gentle spirits which inhabit episcopal
breasts, keep not in remembrance the offences of Cabinets.
% Peers themselves are placable when the acts which
they disapprove are committed by the Government of
whose general politics they approve, and which has
honours and rewards at its disposal. To strangle the
Bill in the Howe of Lords with the silken cord of the
Royal Prerogative, was, doubtless, a course less fraught with
danger than to allow it to enter the Commons. There it
would be the signal for renewing dissensions not yet healed;
of reviving altercations between the Ministry and its friends
—the sounds of which have scarcely ceased to grate
upon the sensitive ears of the Premier. The Bill
was, as we have said, and for the causes we have ex-
plained, knocked on the head by the Duke of Wels
lington on Thursday last. Its fate was alluded to last even-
ing by Earl Powis, its author; who complained of the treat
ment the measure had received from the Government :—" He
believed he could say, that during the whole period the House
of Hanover was on the throne, there was no precedent to be
found for such a course as had been adopted in this case.
There was no measure that Parliament had expressed a wish
further to consider, in which the Crown had interposed its
authority to prevent that further consideration of the matter."
His Lordship, however, felt that it was vain to contend with
the power which had been brought to bear upon the measure ;
and he therefore withdrew it from further notice. The Bishop
of Salisbury pronounced the funeral oration over the lifeless
corpse of the Bill, martyred by the sacrilegious hands of Minis-
ters—strangled by a " manoeuvre" for State convenience. We
g dismiss the reproaches and remonstrances which the Right Rev
?fi Prelate addressed to the Government, for the purpose of in-
troducing, what appears to us of much more importance—the
imputed infraction of the union between the Church and the
, State, which has been committed by Ministers, in their mode
of getting rid of the difficulties that embarrassed them, in
,136 connection with the Bill being introduced into the House of
Commons after having passed the House of Lords. We stop
not to investigate the validity of the grounds on which the
136 Bishop of Salisbury rests his accusations of the Government.
sS6STANDARD.—Earl Powis last night withdrew his Bill
for the severance of the dioceses of Bangor and St. Asaph. A
sik debate of considerable length preceded the withdrawal of
og the Bill, but the topics of this discussion related rather to the
▪ regularity of introducing such a Bill without the appro-
• bation of the Crown previously obtained, than to the merits
of the Bill itself. We think that there is some (per-
'2s haps not useless) obscurity involving the question
• really debated—the right of the Crown to set a preliminary
g 4 veto upon the introduction of any class of measures. We
7 know that in practice, the Crown and each of the two
Houses severally have been allowed an exclusive initiative in
4 particular cases—the Crown, where Crown property, or pri-
6s, 05,% vilege, or grants to individuals may be concerned, the House
"' of Lords all measures touching the peerage, and the Commons
6 in the matter of taxation. This, all are aware, has been the
practice of th e three branches of the sovereign legislature ; but it
) would be difficult to trace that practice to any distinct law. The
3% natural explanation appears to be, that in each of the cases,
the Crown, the House of Lords, and the House of Commons
?'4 have, upon just and prudent considerations, divested itself
of the initiative of propositions, by proposing which first it
'hi might inconveniently compromise itself with one or both of
the other branches. This is plainly the opinion of Lord
il4 Brougham—an excellent authority upon a question of Con-
; stitutional law—for his Lordship maintains the perfect
,g
legality of a member of either House of Parliament introduc-
s% ins-' any measure, subject only to the self-imposed orders of
the House to which he belongs. According to this view,
• which is, we are convinced, the just one, it is a rule este-
, blished by the House of Lords, and not the prerogative of
the Crown, which has unfavourably determined the
14 destiny of Lord Powis' Bill. As we have said, how-
ever, the question is obscure, and not uselessly obscure. It is
better to avo7d the definition of naked rights among powers
whose cordial co-operation is necessary for their acting
% with success. " Definitiones lege aunt periculosm " in
more senses than one ; for, questionless, reciprocal
concessions tend much more to harmony of ee-
ls tion than a separation of powers by stern legal
St barriers. Of the merits of the Bill withdrawn last night
we have little to add to what we have already said :
we could heartily wish that St. Asaph'e might retain its
bishop, and that Manchester might have a bishop also: but
• we cannot shut our eyes to the difficulty of completing this
* arrangement or to the danger of opening anew the adjust-
, ment of the ecclesiastical establishment so long ago ef-
fected. Lord Powis' Bill, if successful, would not be a
barren precedent, nor would the use made of it be
'34 9 limited to the episcopal order. The union that it
84
5 would sever, is a part of a plan wisely, and with
ex the best intentions, contrived to render the resources of the
-hi Church to the utmost extent available for the religious in-
struction of the people, with the view of being able to
2 call boldly upon the country to supply the deficiency
o that might be found after this effort and its sacrifices
4 had been made, and had been made manifest. We
4 have a confident hope that the effect will be to
3 stimulate the people to go before the Legislature in de-
manding a large extension of the means of the Church's
r 3( utility and the sphere of its influence. Such, we have no
doubt, is the purpose cf Sir Robert Peel. In the dispense-
t tion of Church patronage he has done all that a minister
) could do to advance the Church in the favour of the public.
i The bishops of his appointment are surely men the
best calculated to reflect honour upon their sacred
p office, and to render the office itself popular, even
7 with multitudes who have been hitherto indif-
i ferent or insensible to his value. We are convinced that
even now the oppointment of ten or twenty new bishops (such
7% bishops as Sir Robert Peel has appointed) upon newly es-
-3 tablished bishoprics, would be gratefully welcomed by
the nation ; nor would any difficulty be made be-
cause of the augmentation of the Church influ-
-7 once in a House of Lords so largely increased
Is by lay peerages; but the temporal provision is
still to be considered, and for that the newly awakened zeal
° of the public is not yet sufficient. We have, however, no
7
s, doubt that in good time all difficulty on this head will be
5 made to disappear, if only the plan of the Prime Minister
6 shall be permitted to work without interruption. It is be -
cause the success of Lord Powis' Bill would seriously impede
7g the progress of that plan, that we are reconciled to the failure
ve of the measure.