The Sun.
London, England, 1844-09-04 00:00:00

THE- SUN, LoNDON, WEDNESDAY EVENING, SEPTEMBER 4, 1844.

the exigencies of the present crisis. Ships of the
line (not hulks, as the National supposes, but
the best built and found in the world) we have
in abundance ; but of such ships in commission,
of the higher classes we have but six or seven in all
the waters of Europe including the Formidable, 80,
(Mediterranean), and Albion, 90 (Coast of Morocco).
When the Whigs quitted office, and Tangiers was
not even threatened, nor Mogadore touched, we had in
the Mediteranean alone 17 sail of the line. How can
Sir R. PEEL justify to the country such a diminished
scale of force at such a moment as this ? Sir GEORGE
. COCKBURN and Mr. S. HERBERT are, no doubt, ac-
cording to custom, prepared to prose about the first-
rate stores, the unrivalled materiel we possess, and
the stock of which is always accumulating.
To what purpose, if they are not appropriated to the
equipment of an ample navy ? Why, to be sold
periodically,. at a ruinous loss to the country, as old
stores—perhaps for re-sale, by private buyers, to
• agents of the French Government. But what has
this stock of stores and material to do with the ques-
tion of manning the navy ? We have, as we have
said, ships enough ; but the seamen, wherewith to
man them, our puerile policy and Admiralty
mismanagement have paid off and scattered over
every quarter of the globe, or have not
retained, in sufficient numbers out of each paid-oft
ship's company, to form a nucleus of able seamen for
the due preparation and forming of the new hands and
landsmen, supposing we could secure these, without
resort to impressment, in sufficient numbers, in any
resonable period. But the truth is, for the considera-
tions we have urged in two or three former articles
on this all-important subject, we must, without a
day's unnecessary delay, increase our inducements to
new as well as to old hands to enter the service,
in ,proportion to the exigencies of that service.
Will any one deny the serious character of these
exigencies ? Are we to commit ourselves to an im-
plicit reliance upon the declarations by France of her
intentions, " not to occupy" in this :war against
Morocco ? If you set no value on the paramount
influence you have possessed in the Mediterranean
during the last century—if it be no longer an object
to secure fresh supplies for your fortress at Gibraltar
from the nearest ports of Africa—if you would not
wish to let France establish a line of military pos-
session from Oran to the furthest point to which she
can advance her posts within the Mediterranean, so as
to bring her a little nearer to Malta :—continue to
slumber over the peril in which the inertness and old-
womanish do-nothing fussiness of the present Go-
vernment has involved you, by permitting this
rapid decline in our naval strength. If, on
the other hand, we are still alive to the
indispensable duty of maintaining, in all its
force, respectability, and power of instant exte

sion, that establishment, by which alone we have been
raised to the supreme rank we occupy among the
nations—let us hope that her MAJESTY'S forth-
coming Speech may contain some indications of a
better state of things at hand. If the Government
will not so act from a sense of duty, or a just under-
standing of its responsibilities, let public attention
compel it to abandon the vain and expensive folly
of maintaining an army of more than 100,000 men,
which we ought never to regard as a force, but in
the light of a subsidiary and auxiliary to our navy,
and appropriate to the expansion, improvement, and
efficiency of this latter, some of the millions now an-
nually lavished on maintaining at a war standard, that
which (with all respect for its achievements) we shall
still regard as chiefly kept up to be a nursery and
school for aristocratic patronage, and the support
of iti scions.

We should have thought that at this time of day no
man, or set of men, could be found to uphold the jus-
tice, expediency, or morality of the punishment of
debt by imprisonment. We advert, of course, to the
general and abstract question. For ourselves, we are
as far from contending that in cases where debts have
been contracted with a dishonest purpose—where an
unprincipled design has obviously been formed by col-
lusion with other parties, or by a course of individual
deception and contrivance to cheat and rob the cre-
ditor, the debtor should not incur the same penalty
that the law attaches to conspiracy with intent to de-
fraud, for example, as we are far from arguing that the
law should not carefully discriminate between impru-
dence or improvidence, and such deliberate practices
an other people's property. But to desire to uphold
a law which visits upon the crime of a designed and
intentional cheating of others, and upon an inability to
pay others their just claims, which results either
from uncontrollable misfortune, or sheer indiscretion,
or even a vicious but thoughtless habit of extravagant
living, does seem like a proposition for returning to
those days of a barbarous jurisprudence, in which
pecuniary amercement was the one principle of
punishment adhered to by our Saxon ancestors. But
iwe wrong those ancestors by this comparison. For
1 at least their tariff of legal fines and compensa-
-1 dons was determined by a scale, whereas
the amount of the amercement accurately
increased with the enormity of the crime for
which it was exacted. The iniquity of our law of
imprisonment for debt is the very wantonness of its
inconsistency. It is administered on a scale which is
accurately disproportionate ;—which carefully inverts
the scheme of a compensating retribution—which
reduces the penalty exactly as the character of the
iffence is aggravated in its intensity. Imprisonment
-or debt is the terrible vengeance of property against
poverty; but it is the stronghold from which insolent
:rand defies the penal visitation of law. A wretched,
broken down, deserted, ruined man—an obscure gentle-
.nan,or a petty tradesman, or a small iarmer--a generous
friend whose confidence has been abused by the party
for whom he has rashly become the responsible se-
Jurity ; a man of letters excluded by circumstances
which he has failed in the struggle to overcome, from
.he favoured circles of booksellers and editors who
,bsorb the public patronage into their own peculiar
cliques; a professor of sciences or arts upon which
the fashion or the folly of the day has turned
an unfavouring eye ;—these, and such as these,
form the great staple of that population which
crowds our debtors' prisons. Because they
have not the money wherewith to meet the
debts they have contracted, we carefully segregate
them from the world, on daily and hourly commerce
with which their livelihood has always depended, in
order (at first sight, it might be thought) that they
may have no chance of satisfying the creditors at
whose suits they are incarcerated. In proportion to
their honesty of purpose is their irksomeness of posi-
tion ; and to this irksomeness of position, the moral
and physical prostration which we invoke to the
-peediest destruction of all their energies of mind and
body, in the wasting, dreary, monotonous torpor of a
prison. Now, the bold debauchee who, having made up
his mind to undergo a certain term of confinement
rather than discharge his just engagements, finds,
;n the habitual indolence and licentious conversation,
ample amends for the loss of that freedom of action
which he never valued ; the fraudulent bankrupt, who
has still the command of secreted moneys or pro-
perty which he has abstracted from the assets that
should be in the hands of his creditors ; the gambling
attorney, who, having neglected the interests of one
class of clients, and plundered the property of others,
i 8 but undergoing the restraint upon which he has
coolly calculated as the price to be paid for his mal-
versations and delinquencies; the former denizen of
the turf, or patron of the ring, or betting man, who,
baying secured the stakes he stood to win at the last
1 races, or fights, or steeple-chases, has well deliberated
wer the greater advantage to be derived from a few
weeks or months' incarceration, than from -- :
losses he has incurred to other. -' .• raying the
prisoned 0.6 whose suit he is im-
CI r debt tiTtaherseefZ 't.he class to whom imprisonment
not a terror—a benefit, not Et
punishment—a natural incident, not a More, cala-
mity. Until within-the last month or so, when a
nuto-estbwasiseseatnfdieehettavionldvenitidinterpositionconfined ofthseLs notegis
;.•exlcaetiedvei ncigu2aohlt.y,
yaonud 1 neigh
ha
rt a ca tl emro sotf have
debtorsin fefrrroemd
ttbl i
ee
Tileamount
sm a
10l
ef r t h deb
s ue
mswt s for
o uld be whichfo found
dt hteoy
bwee roewi
ndetained.g,
as
a
general principle, by the purely unfortunate ; the
larger, for the most part, by the dishonest and the de-
signing speculator on " credit."

Considering, as we do, that the undoubted service
rendered to humanity in an immediate form, and to
the cause of all social happiness and order in its ulti-
mate operation by Lord BROUGHABI'S Bill, will
?reatly outweigh some few isolated instances in
which the guilty misconduct of the debtor may be
found to have-been rewarded by the emancipation of

• his person, and the equitable claims of the creditor to
have been virtually annihilated through this grace to
the debtor; we have perused with pain and disap-
pointment the reported proceedings at a meeting held
on Monday, at the Gray's Inn Coffee-house. This
meeting consisted of solicitors summoned "for the
purpose of considering the mode best adapted to pro-
tect the profession from the aggressions and inter-
ference of unqualified persons, likely to ensue under
the new Insolvent Debtors' Act, " publicly recom-
mended by Lord BROUGHAM." The solicitors of
London, as a body, are no doubt a highly respectable
and eminently useful, and an honourable branch of
the profession of the law in England. But it is a
marvel to us how they should so long have patiently
slumbered over the notorious malpractices—the grind-
ing, oppressive, technical, pettifogging chicanery and
combinations of that legion-like community among
them, who, almost every week, by the exposure of
their nefarious practices as " discounting attorneys,"
as go-betweens for titled spendthrifts, or swindling,
speculative traders, and unsuspected professional
firms of usurers and extortioners ; as human vultures
who scent from afar the spoils and the feast which
modern profligacy is so constantly preparing for
their talons in the excesses of youthful extravagance,
or titled dissipation, or infatuated credulity—who,
almost every week, we say, are thus challenging the
scorn and arousing the indignation of the public. It
is a marvel to us that the solicitors of London only
turn out against these mysterious "aggressions," and
these dreadful "unqualified" persons, whoever they
may be, when Lord BROUGHAM'S Act threatens to
withdraw hundreds, aye thousands of wretched
debtors, from the comprehensive fangs of those bills
of costs, and detainers, and the rest of all those
legalised methods of tormenting the tormented which
the good old practice of the dear departed old law so
much delighted to supply ! We should be glad to
find ourselves mistaken, but we must suppose that this
was the "motive" of these gentlemen's opening over-
ture at Gray's Inn Coffee-house.

The worthy Chairman commenced his address by a
rather angry fling at the "incorporated Association
called the Law Society," for no more valid reason, as
it seems to us, than that thai.Society has not turned out
against Lord I3ROUGHAM'S Bill of relief for debtors
of 201. and under. It was described as consisting of
the " more aristocratic members of the profession."
(Aristocratic attorneys ! GOD help us, what can they
be like ?) Well, no doubt this is a fault in the con-
stitution of the Law Society. But here be others
"It did not adequately represent the bulk of the
profession ;" and again—here's the rub—" It made
little effort to oppose the measures calculated to de-
grade and injure the general body." What can these
be? Why, Lord BROUGHAM'S Bill, and all others
that reduce fees and simplify proceedings—of course.
" The present meeting had met to form a protection
iociety." For whom ? For victimised clients ? Alas,
no ! For the coming dragon's teeth—the fatal em-
bryo solicitors—the infant aristocracy of the thriving
houses of Doe and Roe—the long, long line of
Latitat ! " There were few professions," he said, "of
which the privileges ought to be more respected.'
(A petitio principii, this, with a vengeance!) " The
duty of the new society would be to protect the pro-
fession"— (little ducks and lambs—they need protec-
tion)—" from the innovation of self•styled legal re-
I formers." There, Lord BROUGHAM ; keep down at
Brougham Castle. Your Lordship can never survive
that vapulation. Your " occupation's gone." At
the same time, we are curious to learn whom this
Chairman and his supporters would be content to dub
a "legal reformer." Some high mechanical genius,
possibly, who shall some day discover the art of
drawing out pleas and bills of costs from the most in-
significant elements to the interminable length into
which a wire-drawer now coaxes a single penny-
weight of gold. But the Chairman having thus ex-
perimented on the feelings of his hearers, seems to
have thought it time to practise a little on their
credulity. "The Association would endeavour to
procure every really useful and practical reform in
the law which would enable a poor man to get, and
render the rich man more amenable to, justice I"

" The Sacristan, he says no word to indicate a doubt,
But puts his thumb up to his nose and—spreads his
fingers out."

He then approached the "immedicabde vulnus''
inflicted on the profession by that clause of Lord
BROUGHAM'S Bill, which, according to the construction
of some authorities, would absolutely authorise the
unhallowed, unfeed hands, of an unprofessional friend
to draw up a starving debtor's petition. The Society
is "to prosecute all persons not duly qualified to
practise as attorneys who shall infringe the provisions
of the Act of Parliament relating to that body." The
Chairman's speech terminated with some pop-gunning
at poor Lord BitouGuAst for his "clap-trap phi-
lanthrophy," and some impertinent reflections, in very
bad taste, on that noble person for cutting down
attorneys' fees and costs; in other words, " for
beginning, after being elevated to a high position by
the profession" (so that "aristocratic attorneys"—not
Kings, nor yet Lord Chancellors, confer high judicial
rank), "to attempt to abuse and revile the source of
his greatness and his riches." Our readers hare
possibly by this time had enough of this exhibition of
vulgarity and spleen. Yet we cannot forbear from
inviting their sympathy in the horror with which we
have read a 111 r. GODDARD'S statement that "England
and Wales alone contain 11,000 attorneys !" Well
may the bulk of our population be litigious, poor, and
unhappy. Shade of FREDERICK the GREAT ! will
not this appalling fact revivify the mouldering hand
which was once pledged to so terrible a " short way"
with lawyers ! " They contribute to the revenue as
their clerkship fees 1,200,000/., on admission to prac-
tice 250,0001., and from certificates, 100,0001. an-
nually." Can Sir ROBERT PEEL gravely reckon on
keeping up the public income at a prosperous scale
when it is supplemented so largely from such sources ?
And if such a body want " protection," forsooth, what
must be the desolate and desperate condition of the
men, women, and children, the widows and orphans,
out of whose wants or misfortunes—from whose do-
mestic misery and privation, so large a portion of
this large sum for the mere professional license to
practise—is annually drawn ? We suspect the
" aristocratic portion" of the profession will think
that Mr. WIRE has been very unnecessarily eloquent
in calling for a society of "protection."

We have accounts from Madrid to the 27th of
August. NARVAEZ was concentrating large bodies
of troops around the capital, as if some great com-
motion was about to break forth, but solely, we be-
lieve, to overawe the friends of liberty. Many arrests
had taken place within a few days. According to
some of the journals, the Moors, on learning that the
French had occupied the island of Mogadore, had set
fire to the town. The following letter from Cadiz, of
the 22d August, appears in the Ticmpo
"It is said that the Moors have set fire to Mogadore,
which place has been nearly destroyed. There is nothing
astonishing in this, seeing that the island which touches
Mogadore has been occupied. A French steamer, which
came in to-day, has brought two hundred Moorish pri-
soners. The authorities are consulting on the point
whether they are to be shut up in one of the forts of this
s
place
French until n
steameril t h ey
left ear. bt
h e i conveyed
port,
qtuoaciwirno.
towing five merchantmen,
laden with provisions for the
MARTINEZ DE LA RosA had complied with the
request of Queen CHRISTINA, and was expected to
leave Paris in a few days. The elections were going
on in favour of the Government,
The Three per Cents, were done at 27 4-16 at-!!!:`,,.7
days ; the Five per Centis, at o. fi
lor cash,
and 20 at
fifty day.

We find nothing new in the Paris journals, but
abundance
of articles on tie gtate of affairs in
Morocco? and the probable intentions of France with
respect t 5 4 settleinebt o! dA rences with that coun-
try. Warlike
season. The squadron under the Prince DE ;Tom-
operations are suspended for the
vu LE has been ordered back to Cadiz, and Marshal
BUGEAUD will retire with his forces to Oran. " The
scarcity of water," says a Toulon journal, "and great
heat, do not permit of operations being continued ;
the troops of the Oran division will alone remain on
the frontier of Morocco ; those come from the other
provinces will return to their respective divisions.
This brillian t affair has completely demoralised the
enemy. At the moment lam writing, the Moorish
army has di: isolved ; the Marshal has, therefore,
attained his ob ject, for it must not be imagined that
he, for a sing le moment, thought of marching to
Fez with his Elk le or ten thousand men. The Govern-
ment
orders Re. Vb. 9, besides, formal in that respect."
The Journal ape% Debats is apparently pacific ; but,
somehow or other there are occasional threats that
N.' 4,4

France will pursue the course which she has adopted
in Africa notwithstanding every opposition. Nothing
is sail in that Paper respecting the conditions to be
offered by the Duke DE GLUCKSBURGH to the Eat..
PEROR, but the Presse asserts that, among others,
France will demand an indemnity for the war, and
pledges to assure its payment after peace. It may
occur," says that Court paper, for we believe it has
pretensions to information from a high source, " it
may occur that either in the course of the war with
Morocco, if prolonged, or after peace, and to assure
the indemnity, France may find herself obliged to oc-
cupy temporarily some point of the empire. The law
of nations authorises her doing so ; but this even-
tuality much disquiets the English press. It must,
however, resolve to resign itself to such a step.
France finds herself engaged in a most legitimate
war with an independent power ; she enjoys all the
privileges of the law of nations ; she cannot be called
on to deprive herself of the means of action which the
laws of war justify, and the use of which circum-
stances may render necessary, to please the suscepti-
bilities, and still less to obey the orders of England.
When justice shall have been rendered her, she will
evacuate Morocco, as she has engaged to do, and as
her interest will counsel her ; but until then she will
use the plenitude of her rights ; she will occupy the
enemy's towns, if that should appear to her necessary;
she will prevent, if requisite, the English from carry.
ing on a smuggling trade in warlike stores whilst the
war lasts ; and, finally, she will demand an indem-
nity, and pledges to assure its payment, after the
peace. In acting so, France will not injure the just
rights of any one, and will remain faithful to all her
engagements. No one will, therefore, have a right to
find her conduct improper."
If such are the conditions to be demanded of Mo-
rocco, a long period may elapse, and many towns be
occupied, before peace is established. We are inclined,
however, to take a different view of LOUIS PHILIPPE'S
policy. He has in a great measure obtained his
objects—the chastisement of the Moors and glory for
his son ; and he will, therefore, be anxious to bring
affairs to an amicable conclusion with the least pos-
sible delay. The Journal des Dabats thus adverts to
the intentions of the Government :
" France, we maintain, is making only a defensive war
in Africa--a war which she not only did not seek, but
which she endeavoured to avoid, and is desirous of
putting an end to as soon as it can be done with honour.
It this war has not spread beyond its natural limits—if
the echoes of the cannon of Mogadore have not disturbed
the general peace, it is because Europe—because England
knows, that the policy of France is not guided by hot-
headed bunglers. 'We know well that certain statesmen
consider it to be a claim to glory to send defiance to a
foreign power, and this is suited to a Government which
wishes to act the savage among civilised nations ; but
France has no ambition for such a character. Four
years ago a gun could not have been fired in the Mediter-
ranean without risking a European war, but France now
victoriously marches with her banners displayed along
the coast of Africa, and by her own strength enforces
respect to her insulted dignity and her outraged ho-
nour, and, at the same time, preserves the peace of
the world and the confidence of her allies. The French
Government participates in the pride which has
been excited in the whole nation by the glory our arms
have won in Africa, but it knows not how to convert its
legitimate triumphs into insults towards a country which
is an ally of France. It is against the Emperor of Mo-
rocco, and not against England, that we make war. We
carry it on to maintain our national honour, to insure
the integrity of our possessions, and not to gratify a
passion for conquest, and realise projects of aggrandise-
ment which all France repudiates. These are our sen-
timents ; we declare the intentions and resolutions of
France to be the same as those avowed by the Govern-
ment in the two Chambers, and which were received
with unanimous approbation ; and this it is that excites
the spleen of the Opposition journals. Where then is
the evil ? Where is the humiliation ? Is it the truth, or
is it not ? Is it a great State secret that we reveal ? Are
the sittings of the Chambers held with closed doors ?
Let the organs of the partisans of war, in England as
si France,des takethe advantage
national
jealousies—it
to
is
theirirri-
ttra wellated trade
;is ibbnuo
we,
e
who sincerely desire the maintenance of
peace, and
between
particularly France a
a continuance
nof the friendly re-
lationspersevere,
however much we may scandalise the great statesmen of
the Opposition, in using all our efforts to calm down the
alarms which the late occurrences on the coast of Africa
must naturally create in the public mind in England ;
and we shall do this the more freely, as the Government
of France is not the less determined to persevere to the
utmost in justly exercising its rights."
The National, the organ of the war party, looks
upon the state of affairs in another light, and has little
hopes that the late successes Rill bring the Moors to
reason. " Out of the fulness of the heart the mouth
speaketh." Peace with Morocco would be a heavy
blow to the readers of the National, because it would
for a while prevent France from humbling, and pro-
bably subduing England. One half of our ships are
rotten hulks, we have no sailors to man them, and
only a little energy on the part of Louis PHILIPPE is
necessary to strike a fatal blow against the islanders.
Our readers will be amused, not frightened we trust,
by the insane boasting of this mischievous journal :
" There is reason to conclude that if the English
Government does not wish to have war, it wishes at
least that it should be known that it is resolved and
ready. However, to look at matters in their just point
of view, we must not take literally this formidable enu-
meration of ships of the line and of cannons, which the
English journals each day publish for the greater glory
of Old England, and for the terror of Young France.
Under these formidable names of Trafalgar, Waterloo,
Vengeance, Foudroyant, &c., are found old hulks but
little formidable. The English Admiralty knows it
well ; but like that audacious and clever robber, who
having takenit into his head to stop a diligence by him-
self, placed along the road a dozen of stuffed figures
armed with guns, it reckons up all the old ruins that
former wars have left behind. We must not mistake the
matter. Undoubtedly England is strong at sea, nay very
strong ; a naval war between her and us would be for us
a difficult and dangerous undertaking ; but her material
superiority is not so considerable that she has not to
foresee danger herself. Independently of the possibility
of a landing on her coasts, she is right in being
uneasy about the present state of our navy. If, in
a numerical point of view, it leaves much to be
desired, it must be borne in mind that England is
obliged to keep. up stations in all quarters of the world.
For the reason that her line of occupation is immense,
her defence is immense also, and it thence follows that
we can select for our attack the point where she is most
vulnerable, and direct all our forces there. During the
first Italian campaign Bonaparte, with 25,000 or 30,000
men, was able by the rapidity of his movements to be
everywhere stronger than the enemy. But nothing
prevents our applying to naval war this system of con-
centrated attacks, which Bonaparte so gloriously inau-
gurated on land. He pointed out the plan, we have
only to follow it, remembering that it is precisely 'from
having scattered his naval forces that the conqueror of
Arcole lost his navy. But, in order to be able to sustain
this struggle, there is one condition most essential—it is,
not to allow the difference of forces which separates us
from England to become greater, and even to diminish
it as rapidly as possible ; for if during the interval when
England is augmenting her forces we do not augment
ours all would be lost, and England would only have to
choose the moment when it would suit her to push us
down to the modest position to which the hopes of her
jealousy assign us."
We find the following just remarks on the want of
honesty in French journals in Galignanes...Wessenger:—
" We have looked carefully over the Opposition jour-
nals to see what remarks they would make on the letter
communicated to the Constitutionnel by M. Blanqui, and
in which justice is done to Mr. Hay, the British Consul-
General in Morocco, and to his Government. We do
not, however, find one word in the way of comment; and,
what is more, only one of the Opposition journals has
published the letter from the Constitutionnel. The con-
fession of wilful or wanton misrepresentation is an effort
of magnanimity but rarely witnessed in party journals,
but we did not suppose that the spirit of party was so
strong as to exclude from the columns of so large a por-
tion of the press a piece of news which from its import-
ance is entitled to a place, although it does give the lie to
the charges of deception and intrigue which have been
lavished on the British Consul."

The subjoined are miscellaneous extracts from the
papers ;--

The Siecle, alluding to a report that the KING has
abandoned slag intyntion of going to England this
year, says :

" We know that on Saturday a house in Paris, that
furnishes certain articles necessary for the King's equip-
ages, was desired to expedite as much as possible some
orders that have been given to it. His Majesty's journey
depends upon the issue of the negotiations now in pro-
gress on the Otaheite affair. If the propositions of M.
Guizot are accepted, the King will return the gracious
visit made to him last year by Queen Victoria, but should
they be refused, the journey will be postponed. Such is
the opinion of persons generally well informed, and it
appears to us to be too plausible not to be accepted as
official."
The Constilutionnel says :

"It appears that the Cabinet cannot agree on the re-
compense to be conferred on Marshal Bugeaud for the
battle of Isly. Meanwhile it is announced that the
King has dispatched to Africa M. de Chelfontaines, one
of his orderly officers, with an autograph letter to the
Marshal."

A letter from an officer on board the French
squadron off Magodare, dated the 17th ult., says :
" We are to keep for a time possession of the island,
the garrison of which is already formed, and the troops
have begun to raise fortifications. We shall leave here
the brigs of war Argus and Cassard, and a steam sloop.
The other ships of the squadron aro about to sail for
Cadiz, to repair their damages; we hope afterwards to
return to France. Our squadron, during the conflict,
threw 16,000 projectiles into Mogadore. The eTemappcs
had her sides struck by more than thirty;balls, and her

rigging was much cut np. A ball passed through the
flag at the topmast bead of the Triton."

A correspondent at Tunis writes, on the 18th ult.,
to the Semaphore of Mar-eilles

" We have now in the GoJetta Admiral Parseval
Deschene's division, consisting of the Ocean, Inflexible,
Neptune, Mlrengo, and Alger, of the line. This fore::
has been sent to meet the possibility of the Turkish
squadron, which has left the Dardanelles, coming to
Tunis, and putting into execution the designs against
this Regency, which the Di‘an has not yet abandoned.
But we doubt whether it will this year, any more than
it did the last, mAke the attempt, and the French
Government will be let off with keeping its ships some
two or three months in this roadstead, until, in fact, it
hears that the Turkish fleet has returned into the
Dardanelles."

THE BOURSE-MONDAY. SEPT. 2

First Highest Lowest Last
.

Price. Price. Price. Price.
French Five perCznts l2O 55 .. 120 70 .. 120 55 .. 120 65
Three per Cents.— .• 80 75 .. 80 90 .. 80 75 .. 80 85
Bank of France • • 3050 ..3055 .. 3050 .. 3055
L -Witte Bank, I,ooof. ShareslCBo .•1080 • • 1089 —lOBO
Belgian Fives, 1831.
1840 •• •• 1041 104} .. 1041 .. 1041
1842 .... .• 1064 . • 1064 .. 1064 .. 1061
Spanish Active •• ••••• • • • • • 30 .. 30 .. 30 .. 30
Portuguese Five per Cents.. 441 • . 441 .. 441 .. 441
Neapolitan.. • ...... •• • • •• 97 90 .. 98 • • 97 90 .. 98
Roman .. 1044 .. 1044 .. 1041 .. 1041
RAILWAY SHARES.
_

Versailles, 377 50 .. 377 50 .. 377 50
L. 8....... 242 50 .. 245 .. 242 50 .. 213
Rouen •• • ...... ..• • • • • •• •• 966 25 .. 966 25 .. 966 25 .. 966 25
Rouen to Havre.... 732 50 .. 735 .. 732 50 .. 733 75
Orleans ....... 962 50 .. 962 50 .. 960 .. 961 25
Strasburg to 8a1e....
Avignon to Marseilles.— 75C .. 750 • 750 750
RAILWAY SHARES FOR SETTLING, 3o OF SEPTEMBER.
Versailles, L. 8....... •••• •. 243 75 .. 245 .. 243 7.5 .. 243
Rouen ..........•••• .•
Rouen to Havre. • • •• • • 733 75 735 .. 733 75 .. 732 50
Orleans . ..... •••••• •• •• 957 50 .. 963 75 .. 957 50 .. 963 75
Strasburg to 8a1e... ...... . 238 75 .. 233 75 . 237 50 .. 238 75
Avignon to Marseilles• • • • • . 750 .. 750 .. 750 .. 750
RAILWAY SHARES FOR THE ACCOUNT, SEPTEMBER 30.
Versailles, L. 8.....•••• •• •• 243 75 .. 243 75 .. 243 75 243 75
Rouen ...• •• •• •• •• •• 970 .. 970 .. 967 50 . 968 75
Rouen to Havre.. 735 .. 736 25 .. 735 .. 736 25
Orleans .
Strasburg to 8a1e.......... 240 .. 240 .. 240 .. 240
Avignon to Marseilles...—. 751 25 .. 751 25 .. 751 25 .. 751 25

We can state, upon an authority in which we have
implicit confidence, that the Ist battalion of her Ma-
jesty's 60th Regiment, and her Majesty's 61st Regi-
ment of Foot, which were at Cork, under orders for
immediate embarkation for India, are not to proceed
thither. The ships which were to have conveyed
them, sail immediately for their original destination
with the baggage of these troops (about 2,000 strong).
The regiments in India which they were intended to-
relieve, it is now pretty certain are not, at present, to
return to this country. We leave our readers to draw
their own inferences from these facts; but it would
be idle to deny ;that they afford no prima facie :en
couragement to those mere pacific speculations in
which one of our Contemporaries, yesterday, so
emphatically indulged.

THIS DAY S NEWS.

MONEY AND CoICIMERCI Al. NEWS
CITY, QUARTER TO THREE.
The Cotton market at Liverpool yesterday was very
dull and heavy. Prices were fully itd. per lb. lower than
the highest point of last week, and the sales did not ex-
ceeds 2,000 bales. There was a good demand for Rail-
ways, and prices generally still had an upward tendency:—
Birmingham and Gloucester, 544 ; Chester and Holy-
head, 61 ; Dublin and Belfast, 31 ; Edinburgh, Leith,
and Grunton, 174 ; Grand Junction, 217} ; Ditto,
New, Quarters, 39i ; Liverpool and Manchester, New,
364 ; London and Birmingham 321. Shares, 374- ;
Manchester, Bolton, and Bury, 109 ; Sheffield and
Manchester, 85k ; South• Eastern, 384; York and Salby,
36 premium ; Ditto, 25/. Shares, 18 premium ; Paris
and Orleans, 37} ; Paris and Rouen, 371.
This is a very dull day as respects the receipt of infor-
mation from the British settlements. •

The City is in an excited state, owing to the exertions
of the friends of the candidates to obtain the victory
in the election of Chamberlain. Alderman Humphrey's
Committee is sanguine as to the result.
The prices of Consols have fluctuated from 98 to 99k.
The Commissioners did not purchase to-day. A sale
of some amount depressed the prices, but now for Money
Consols are worth 981 and for Account 98i. The
Reduced Three per Cents. have been done at 991 for
Money, and the New Three-and-a-Half per Cents. at
101. There was a shade of improvement in the pre-
mium upon Exchequer bills. Bank Stock is now short.
An advance has taken place in Chilian Bonds to-day
to 1021 r, and in Colombian ex Venezuelan to 131.
Spanish Five per Cents, were quoted only at 221, and
the Three per Cents. at 33g. The Dutch Two-and a-
Half are heavy. The Five per Cents. are quoted at 104
In general the Railway Share market bas been flat
this morning, ss the list of quotations will show.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock •••••••
3 per Cent. Reduced Annuities •••••• ..... 91%
3 per Cent. Consols. Annuities -99 98% :
14 per Cent. Reduced Annuities T0214
New 3 per Cent. ....... 10 %%
Long Annuities, Expire sth Jan. 1860.........«. 12 7-16
Ditto 30 Year:, Expire sth Jan. 1860. l2 3-16
India Stock
India Bonds.l,ooo, ....................
Ditto under 1,000. ...... • ................ •••••••••••••••
Consols for Account • ...... ••••••••••••. ..... ••••••• 99% 93%
India Stock for Account 2Bl
Etchequer Bills, INd. ly6d
1,0001.
73 75 Plll.
5004 .... ..• ••••• ..... •••••••••••• 73 75 pm.
Ditto ....... •• •••••••••••• /5 73 pm.
Ditto Advertised
FOREIGN FUNDS THIS DAY AT ONE O'CLOCK
Chilian Bonds,6 per Cent 1024
Columbian Bonds. 13%%
Spanish Bonds, Five per Cent 2.
Ditto for the Account ...........«....».» 22%
Ditto Three per Cent.
Ditto for the Account 33%
Venezuela Bonds, 2 per Cent 4l
Ditto Deferred ll4
Dutch 24 per Cents. 61%%
Dutch 5 per Cents. ........»....»....«.»....»....« lOO%

.PRICES OF SHARES THIS DAY AT ONE.
RAILWAYS. PAID. PER SHARE.
Birmingham and Gloucester lOO ..... .... 110 to 111%
Bristcil and Exeter
Bristol and Gloucester 3O .... ........ 5.5%... to 56%
Dublin and Cashel.
Eastern Counties ..... ................ ..., 13%%,.... to

Ditto Perpetual 5 per eent l3B. 4c1....
Di ttr Ditto (No. 2)

Ditto
. .
Eastern Union
Edinburgh and Glasgow 5O 66 .. to
Great Western
Ditto 34 Shares ............. ....... 50 .... ..... 85.
Ditto k'ifths l2 ..... .... 25% lAA_ to
London and Birmingham. lOO ... . ...221 %
London and Blackwall... ........ ... 16%
London and Brighton 5O 48% IA % to
London and Greenwich
London and South Western ...... 41%
Ditto Eighths
London and Croydon
Lynn and Ely.
Manchester and Leeds 7O . ...... to
Ditto % Shares
- - --...—. - - -

...
Midlandeounties
Birmingham and Derby
North British 2% ...... 3% t 4 ... to
Northern and Eastern 45 — to
Ditto U Shares
Norwich and Brandon
South Devon
South Eastern and Dover T2% 38%% ... to
York and North Midland ..... .... 50 108%
Ditto % Shares 25
Ditto Selby Scrip
Paris ..nd Orleans 2O 3730i, ... to,
MANCHESTER STOCK EXCHANGE, SEPT. 3.—We
have had more business doing to-day, and prices are
well maintained.—Barnsley Junction, 34 ; Blackburn
Burnley, and Accrington, 21; Caledonia, 4 3-16 ;
Churnett Valley, 21; Edinburgh and Glasgow, Quarter,
161 ; Manchester and Birmingham, 50-4- ex. div. ; Man-
chester and Buxton, 2i ; North Union, 125. ; Sheffield
and Manchester, 843 fl. .