The Sun.
London, England, 1844-06-03 00:00:00

labour to a contest of this kind, he should feel he was recreant
to humanity.—(Cheers.) The last objection was that slavery
would be equally aggravated by the admission of free labour
produce into the British markets. The argument was, that
commerce like the ocean would find the level. New, how-
ever true might be this commercial argument, it left the
moral argument untouched. Let the slave-holders get rich
if it pleased Providence, but it was necessary to his own purity
that he should not encourage them. The increased demand
would be supplied not solely from Brazil but from the world
at large, partly from Brazil and partly from other countries,
but slave labour sugar would be shut out from the British
market, which was the best market in the world, and we sti-
mulated free labour produce more than slave labour produce
by opening to the former the best market in the world, and
keeping the latter out of it. It should be remembered that
the Government measure with regard to sugar was not
the measure asked for by the Society. What they asked for
was that free labour sugar should be admitted without any
discriminating duty. It appeared to him, therefore, that
there were valid reasons for maintaining fiscal regulations in
favour of free labour, and that the arguments used against it
were of no validity. It was admitted on all sides that. the
admission of slave labour produce would stimulate slavery
and the slave trade, and this would be uncompensated for by
anything whatever. But it was contended that the adop-
tion of free trade was in fact the shortest and surest course
for doing away with slavery. He was sorry to be.obligcd to
say to that—not proven. It was said that tire force of anti-
slavery opinion would reach the Brazils if we took the sugars.
Why, it did not even pervade England. Shackles were made
in Birmingham—cotton in Glasgow—the Zuluetas char-
tered vessels to Africa. The trade in cotton with England
had doomed Texas to slavery. Texan slavery was the
spawn of free trade. Unrestricted commerce never had freed
the slave, and never would. Bringing happiness and pros-
perity where labour was free, it brought misery, wretched-
ness, and destruction to the slave—unrestricted trade. • Let
the thief expose his plunder for sale in the streets—let slave
ships again go forth from our ports, and the trade in man
be as free as any other. No ! Trade must have its restric-
tions. He begged to move the following resolution :
" That in the judgment of this meeting, that portion of the
fourth rule of the Society, which requires it to promote the
adoption of fiscal regulations in favour of free labour' ought
to be confirmed."

Mr. J. J. GURNEY seconded the resolution. He doubted
whether it was competent to change, the fundamental com-
pact in which they were united, and he considered that
the discussion at the last meeting was out of order. He
doubted whether it was competent to them to alter the con-
stitution of the Society without the unanimous consent of
the general body. Any alteration would bring in a certain
amount of sugar from Cuba and Brazil, and that would re-
present a certain amount of the blood and sufferings of our
fellow-creatures. He had seen the sufferings of the slaves in
the Barracoons of Cuba, where the planter would take the
stronger animal to his estate and work him to death. Their
duty was plain—it was to do all they could to discourage
slavery, and therefore to support fiscal regulations in favour
of foreign produce. It was not a question of free trade, but
of morality and religion. He would leave the Committee if
the resolution was not carried.

(The meeting had not concluded when our report left.)

MONE It AND COMMERCIAL NEWS.

CITY, QUARTER TO THREE.
In the Liverpool Cotton Market on Saturday, the sales
were 4,000 bales, the holders being still inclined to press sales.
Prices were as before. The sales included 1,000 bales La
Guayra, at 44 to 4g.—ln Shares there was a better feeling,
and business to some extent was done in French, Dover, and
Great Western. Birmingham and Gloucester Quarter, 22i ;
Eastern Counties, 11$ ; Grand Junctioh, 221 ; Birmingham,
221; Ditto Thirds. 36i ; Brighton, 47i ; Midland Counties,
Quarter, 221 ; North Midland Thirds, 29i ; South-Eastern,
36$ ; Ditto New, 114 ; Paris and Lyons, 3/. 6s. ; Ditto and
Orleans, 39$ ; Ditto and Rouen, 34
There are again only Continental arrivals.
The accounts from the 13rovinces with respect to the wea-
ther begin to excite much interest and some anxiety, and
although the Baltic Grain Markets are reported in to-day's
advices as being rather dull, there can be no question but
that we shall have, under, any circumstances, an opening for
a fair quantity of foreign grain. The drought has already
had the injurious effect of raising materially the price of
fodder, and it is fortunate that our manufacturing popula-
tion is comparatively well employed, and therefore can, in
some measure, meet an increased outlay for food.
We learn from Belgium that Messrs. Anderson and Sop -
with, as a deputation from several capitalists, had a private
interview last week with King Leopold relative to their pro-
posal for constructing a railroad from Entre-Sambe and
Meuse. It is stated also in the Lloyd .Cettais that the
heads of a leading firm there have suddenly disappeared,
leaving a reported deficit to the extent of from 300,000 f. to
400,000 f.

The English securities open firmly to-day, and there is a
fair business doing. The visit of the Emperor of Russia and
of the King of Saxony is looked upon as favourable to the
general peace of Europe, although reported to be unpleasant
to France; but some curiosity has been expressed to learn
whether it be true that one of her Majesty's vessels has re-
ceived orders to proceed immediately across the Channel for
Louis Philippe, and whether we are to have the novel meet-
ing of his Majesty with the Emperor. The statement is not
credited. Consols are 99i to 994 for Transfer to-morrow, and
991 to 99; for the Account, being Saturday's best prices.
Exchequer Bills are 70s. to 725. premium, and East India
Bonds remain nominally at 925. The New Three-and-a-Half
per. Cents. have been 1021 to 102; ; the Reduced 101 i to 102.
The Three per Cents. 98i to 99. Bank Stock has been at 199
to 1994, and India Stock at 288.

Spanish Bonds opened rather lower to-day, the accounts
from Madrid relative to the Queen's health, and the state of
the finances, however contradictory, being calculated to ex-
cite uneasiness. There is still an inclination to sell, and the
Five per Cents. are 231 to and the Three per Cents. 343
to 3. The Passive are 53 to a. Portuguese Converted Bonds
have been marked 461, being steady. Mexican are firm at
353, but dull. Chilien have been 1033, and Brazilian New
78. Belgian Five per Cents. are 1031 ; Danish, 88 to 89 ;
Russian, 1173; and Dutch Two-and-a-Half per Cents, 613.
There is rather a dull market for the Railway Shares, but
prices are rather higher than on Saturday, for Great Western,
Birmingham, Brighton, and South-Eastern. The French
lines are very firm.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock :199%14.199
3 per Cent. Reduced Annuities ........ 98N, 99'
3 per Cent. Consols. Annuitie5........„,„.„., 9914%
3% per Cent. Annuities, 1518.......»..».......« 101
3% per Cent. Reduced Annuities ....... 102 101%
New 35 per Cent. .. .
Long Annuities, Expire sth Jan.
Ditto 30 Years, Expire sth Jan. 12% 11-16
India Stock
Consols for Account ..... .997iytl
—•-•

Exchequer Bills, I%d.
ix& ... ._ _ .
1,0001. — .....»..... 70 pm.
500/
Ditto Small ..... „.
Ditto Advertised — 67 pm.
FOREIGN FUNDS THIS DAY AT ONE O'CLOCE.
Belgian Bonds. 5 per Cent 103%
Brazilian Bonds, 5 per Cent.
Ditto New Bonds, 1829 and 1839. 7B
Chilian Bonds, 6 per Cent lO3
Ditto Deterred s'l%
Danish Bonds, 1825,3 per Cent. BB 89
Mexican Bonds, 1837, 5 per Cent.
Ditto for the Account 35%
Portuguese Bonds, 5 per Cent.
Ditto Converted 4614
Russian Bonds, 1822, 5 per Cent 117%
Spanish Bonds Five per Cent 1840 •al4%
Ditto for the Account.
Ditto Passive Bonds.
5 %
Ditto Three per Cent. .......................
Ditto for the Account .......„ ..........
Dutch 2% per Cents 6l
Dutch 5 per Cents. lOO 4,34
New Loan 1837. 5 per Cents.
PRICES OF SHARES THIS DAY AT ONE.

RAILWAYS. PAID. PER SWAM
Bristol and Exeter
Caledonian
Chester and Holyhead 5 5%% ... to 6
Eastern Counties
Ditto New Registered 111. 6s. Rd.
Ditto Perpetual 5 per cent l3s. 4d... 1
Edinburgh and Glasgow 5O 65
Great Western
. Ditto Shares
London and Birmingham. 1100 .2224
London and Blackwall
London and Brighton 5O 47%7,1i to
London and Greenwich
London and South Western ...... 41%
Midland Counties 100
Newcastle and Darlington Junct. 18
South Eastern and Dover
Ditto New
Trent Valley
York and North,Midland
Ditto 34 Shares 25 ...... ... 584
Ditto Scarboro' Branch
Paris and Orleans 2O 39%
Paris and Rouen 2O 39
Rouen and Havre
Strasburg and Basle
• JOINT STOCK RANKS.
Union of London lO 12% to
CLOSING PRICES.
BRITISH FUNDS.
Bank Stock
3 per Cent. Red 99 Ditto Bonds
3 per Cent. Cons.
334 per Cent. Rea lOl% Ditto New Annuities...
New 334 per Cent. 10336 Ex. Bills, 1,0001. 11(d... 70 pm.
New 5 per Cent. p Ditto 500/
Long Annuitiesto expire Ditto Small 7O pm.
Jan. 1860 ...... ...... 123 Bank Stock for Acct.
Oct. 1859 l2 5.10 Consols for Acct...„..... 10034
Jan. 1860 l2 11.16 India Stock for Acct.... 289%
FOREIGN FUNDS.
Austrian, 5 per Cent 1134 Portuguese, 5 per Cent —
Belgian, S per Cent.„....„..... 103% Ditto, New Ditto
Brazilian Bonds -
Buenos Ayres, 6 per Cent — Russian, 5 per Cent ....... ...., 118
Union, 6 per Cent — Ditto, Metallic
Colombian, 6 per Cent
Ditto, 1824 --Ditto, 3 per Cent 34%
Cuba Bonds, 6 per Cent —i Ditto, Deferred—. ....... ....... 134
Danish, 3 per Cent ......
Greek, 18.5, 5 per Cent —i Exchange ... ........... .... —f. —c.
Mexican, 5 per Cent
Ditto, 6 per Cent., 1837 —i Dutch, 234 per Cent...—. 6134
Peruvian, 1E25, 6 per Cent 27 Ditto, 5 per Cent .........100%
SHARES.

121
Great
WNoersttheronf (E7sngpalainda), lOO
paid 11:0
2%
Hat:witticoh Filths,2paid 22%
(Braithwaite),
2 paid
London and Birmingham (Stock)
Ditto. New Thirds, 2 paid
Ditto, Quarter Shares ( 2 paid)
Lonion and Brighton (50 paid)
Ditto Loan Notes, 10 paid ll%
London and Greenwich (12E. 156. 4d. paid).......,, 74
London and Croydon (Trunk)l9
Manchester and Leeds (70 paid,
Manchester and Birmingham 57
Midland Counties (100 paid) B9
Northern and Eastern (45 paid)
' North Midland (100 paid) .... ................... „, 9l
Ditto Half Shares, 40 paid
Norwich and Brandon ( 2 paid) 7 14
South Eastern and Dover (33 26 4d paid)
Ditto 'Jew Shares ( 4 paid)
Paris and Rouen, 20 paid
Rouen and Havre, 8 paid lB%

- -
The only application made to the Secretary of State
for the Home Department for a remission of sentence in
the case of Barber, convicted of participation in the wills
forgeries, has been refused. Barber still continues at
the Milbank Penitentiary.
A paragraph appeared in the Times of Friday,
copied from an evening paper, stating that the police
had received orders to caution all licensed victuallers
against permitting lotteries for the Derby, Oaks, and St.
Leger, or any other racing lotteries, in their houses. We
are given to understand that no such directions have
been issued to the metropolitan force.—Observer.
Mr. Wallace, M.P., passed through Glasgow on
Saturday, for the purpose of being present at the debate on
the sugar question on Monday evening. It is generally
known Mr. W. has a heavy stake in Jamaica property ; on
that account the circumstance of his thus exerting himself in
his place in Parliament for the breaking up of the
sugar monopoly, which we have no doubt he will do, is
another proof to the many he has formerly given of the
disinterested public services he renders to the country.—
Glasgow Post.
MELANCHOLY ACCIDENT.—On Friday last as the
eldest son of W. Cass, Esq., surgeon (of the firm of Hoff-
meister and Cass, surgeons to the Royal Yacht Squadron),
was playing on ie Marquis of Anglesey's grounds at West
Cowes, just within the iron gates of the castle, one of the
gates, from some cause not clearly shown, fell from its
hiDges and killed the unfortunate child on the spot.