The Sun.
London, England, 1844-07-15 00:00:00

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niaff 4itin
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LOZcOON, MONDAY, JULY 15, 1844.

The House of Commons met on Saturday, at
twPive o'clock, when Mr. GLAnszoNE moved that
the Committee on the Rai:way Bill be postponed till
Thursday, as it was his intention to propose certain
amendments. _ _

The House went into Committee on the Poor-law
Amendment Bill, and several clauses were adopted.
In the course of the discussion on one clause, Mr.
IVAic_sy made some remarks about incendiarism in
-Norfolk and Suffolk, and seemed to attribute great
blame to the landlords and tenants for the nightly
conflagratiene that were taking place in these
counties. This remark roused the ire of Mr. WODE-
notrsE, who said the crime of incendiarism was as
common in other counties, and said no man was more
eopable to give an opinion on incendiarism than Mr.
M.BY. This remark was not' noticed at the time,
but oir the motion that the Committee sit on Monday,
Mr. WA x.LEY begged the attentiotof the House,
and adveo.ed in language not to be misunderstood
to the imputations which public opinion had cast on
his charaCter. Ile knew well what Mr. WODE-
HOUSE meant by the remark—he had suffered much
from the imputation; h 2 t never was any imputation
so unfounded. The case hzd been tried before Sir
CHARLES ABBOTT (Lord TE:NTERDEN), the jury
returned a verdict for the whole amount claimed,
and .the
.expenses were paid by his friends,. and among
'these ,vas one of the shareholders of the Fire In-
sUran.ce Company which•had resisted the claim.
mr. WowtiousE, on hearing this, apologised for
the attack be had made on Mr. WAiI.LEY; and the
House adjourned.

The result of the Birmingham-Election has sur-
prised neither Whig not Tory. When it was known
that Mr. STURGE would g.n to the poll, and set him-
self in opposition to the platy with whon2,he had
hitherto acted on all the great points of political 1,72-
'portance, no man had the slightest doubt that the
Tory candidate would be returned. Mr. SPOONER
.oweshis' election to Mr. STURGE. The town of Bin.
ingham, which obtainedits franchise from a Liberal
Government, has now returned a Member who will
support the party that would not, but for the indomi-

Sudbury is about to be disfranchised ; but
are there no 'other boroughs that deserve the same
fate? Birmingham was the loudest for reform—it
i obtained its object, and now turns round upon the
party that obtained for it a place among the repre-
sentative boroughs of 'England. Never was there
such politiCal suicide. It is said that Mr. STURGE'S
party, when they found—and they knew the fact
from the beginning—that they had no chance, they
gave their votes to the Tories, because Mr. STURGE
considered himself ill-used. But are these the men
to rule the destinies of a country—men who throw
their principles to the wind to gratify some personal
pique or assert some miserable distinction, which
they cannot understand ? The Tories say, and they
have good reason, that men like Mr. STURGE and
Mr. FEARGUS O'CoNNoa are their best friends ; they
divide the parties opposed to them, and of course the
Tories come in for the plunder. We will not add
another word of comment on this disgraceful pro-
ceeding. The result of the poll, and other circum-
stances, show that Mr. STURGE had not the slightest
chance of success, and that but for his party, a
Liberal candidate would have been returned.

We agree with a Morning Contemporary that Earl
Powis has Acted feebly and indiscreetly in with-
drawing his Bill for the repeal of .the union between
the sees of St. 'Asaph and Bangor. In justification
of this proceeding, his Lordship observed that he'had
thought it right, having the report of the Committee
before him, to ascertain from the Duke of NVELLING-
TON whether it were likely that the authority of the
Crown would be given to the Bill in question, and
being informed-that it would riot be given, he felt
that he had but one of three courses open to him—
either to withdraw the Bill, to press it forward, or to
run the risk, of.heing beaten upon it. Under these
circumstances, he thought it right to avail himself of
the-favourable situation in which, he was placed; and
having it now before the country, with the approba-
tion of, the House in its favour, he was satisfied that
the measure could not remain where it was. This is
but a lame excuse for withdrawing a Bill, without so
much as a whisper of remonstraoee, that is so clearly
founded in justice as to have been opposed by only
thirty-seven Noble Lords,'notwithstanding the known
hostility of Ministers to it. Having himself volun-
teered to bring it forward, and obtained on the dis-
cussion the support of a majority of the House; Earl
Powis should have persevered in his task. He should
have sai3, as Doctor JOHNSON once observed, when
engaged in an affair of no ordinary difficulty, " I will
be conquered, not capitulate," and have moved an
address to the Crown, if only to show that he was no
party to the trick—for trick it is, bywhich the measure
has been defeated. This was the more especially in-
cumbent on, him, since he hipsself, by his own account,
is strongly impressed with a conviction, of the unpre-
cedented character of the Ministerial subterfuge.
Here is his own language on the subject :—" He be-
lieved he could say," remarked the Noble Earl, " 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 inter-
posed its authority to prevent that further considera-
tion of the matter." And yet, notwithstanding his
withdrawal of a Bill defeated in such an unprece-
dented manner, which has been sanctioned by the de-
liberate approbation of a majority of the HouSe of
Lords, and which, moreover, has excited the strongest
possible feeling throughout the Principality;--not-
withstanding all this, the Noble Earl has the coolness
to boast of the " favourable situation in which he is
placed I" Yes, in the very moment of an inglorious
defeat, he actually congratulates himself on his good
fortune! Now, as we observed in the " untoward''
case of Lord ASHLEY and the Factory Bill, Earl
Powis should, never have undertaken the management
of the St. Asaph and Bangor Bishoprics Bill, if he
had not been prepared to persevere with it, and con-
.
test the battle to the last. He should not have quitted'
the field till it was clearly demonstrated that not a
chance remained of his retrieving the fortunes of the
day. It was not compulsory on him to put himself in
the vast He was under no inexorable necessity •to
bring forward the Bill, but having brought it 'for:
ward—the act being a purely voluntary one on his
part—he was bound to persist in it to the last ex-
tremity, no matter what anight be the odds against
him. As regards the Ministerial expedient of in-
terposing the royal prerogative in order to defeat
a measure which had been already carried against
the Government, we can look on it in no other
light than as a mere tricky subterfuge, every ,way
characteristic of our petty manoeuvring
Cabinet. It may
.be a constitutional expedient
enough—though even this, perhaps, may admit of
a doubt—abut, assuredly it has been resorted to in
no straightforward or equitable spirit. Why was it
not brought forvvard at- once, at the commence-.
ment of the proceedings ? Why reserved to the
eleventh hour_: The Duke of WELLINGTON at-
tempted some sort of answer to these questions,
but it was a very unsatisfactory one, amounting
to no more than this —namely, that he had stated
last session thst it would be necessary to have the
consent of the Crown to the discussion of the Bill
in Parliament, but he did not mention it until the
measure had proceeded through some of its stages.
The Marquis of CLANRICARDE explained, we suspect,
the whole mystery' of the Ministerial manoeuvre,
when he observed, that " the allegation of ' the
QUEEN'S interest being affected had merely been
made use of to meet the convenience of Govern-
ment, who knew that if the Bill went into the
House of Commons, it would be supported by two
Members . of the Cabinet, the President of the
Board of Trade, and the Chancellor of the Exche-
quer, who were both strongly in favour of the mea-
sure." The whole. affair is an exceedingly curious
and edifying One, as furnishing us with an ad-
ditional- clue to the means by which Ministers
contrive to bolster up their authority in Parlia-',
ment. The Commons they cajole and bully into
submission, by holding out threats of resignation,
Which would very likely be followed by a dis-
solution ; and the LOrds, who are chiefly to be in-
fluenced by their hereditary reverence for royalty
and its privileges, they reduce to docility and obe-
dience, by talking of the QuEEN's prerogative,
and the flagrant indecency of presuming for an
instant to doubt or interfere with it. The whole
system of Government, as carried on by the pre-
sent Ministry, is one of sheer trickery---or, as Sir
ROBERT PEEL would more courteously say, of expe-
diency; and the worst of it is—and' a more de-
plorable sign of the times we cannot well ima-
gine—that this tricky system fails to excite the
unanimous indignation of the people, but is wit-
nessed by them with an apathy amounting to abso=
lute indifference.

The Madrid Gazette of the sth inst. contains a
Royal decree, dated Barcelona, June 1, by which her
MAJESTY accepts the resignation of the Marquis DE
VILUMA, and appoints General NARVAEZ, ad interim,
Minister for Foreign Affairs. According to accounts
from that city, the Ministers cannot agree about the
new duty upon foreign cotton .goods. Mori and
PIDAL wish to impose a duty of 30 per cent., whilst
NAILVAEZ and MAYANS think 20 per cent. enough,
as such a duty will enable the fair traders to com-
pete with the smugglers.
The preparations for war with MoroCco have de-
pressed the funds more than ever. On the sth, the
Tn. ,Tfe per Cents. closed at 251 for Cash, and 261 at
60 days ; Fives at 24 at- 30 days.

Africa with great success,' but that he had in no way
• been charged with negotiations. The ideas he might
suggest would doubtless have great weight, but he
repeated that the Marshal had not been charged to
negotiate. The Globe, a Ministerial paper, contains
the follgwing judicious remarks on the subject :
" The Chamber of Peers yesterday heard the remarks of
Prince de la Moskowa on the affairs of Morocco, and the ex-
planations given by the Ministers of the Marine and of
Foreign Affairs. Every one beforehand felt the inutility of
these discussions, of which the elements were known and
appreciated. The mania of beholding the intervention of
England in all that concerns us has become perfectly ridi-
culous, and the factions and dissatisfied spirits of the
Chamber have deprived themselves of an excellent means of
opposition in exaggerating it. The English are with theM
like Boileau's. nutmeg they place them everywhere, so
much so that they who still make use of the argument
begin to feel its absurdity. The Ministers of the Marine
and of Foreign Affairs explained how France carried on her
affairs herself relative to Morocco, and how, though not.
having anything to conceal of their general policy in what
touches this question, they nevertheless had not in any
manner communicated to any one the instructions given to
our officers by sea and land. England has grave interests to
protect in Morocco, and it is natural that she should send to Its
coasts sufficient forces to attain that object. Spain is making
preparations to avenge a personal injury ; but 'France is act.
ing on her own account, and, within the limits of her gene-
ral policy, and no nation has a right to be displeased with
her doing so.. The affair of Morocco is, therefore, completely
disembarrassed of the brushwood with which it was
attempted to envelope it. England has nothing to do with.
what affects us, and the question of France is exclusively
placed on the ground of her legitimate interests."
In the Chamber of Deptities on 'Thursdai, the
Navy estimates were brought forward, when M.
BILLAULT announced that Admiral LALAIcDE, on his
death-bed, requested .him to lay before the Chamber
his views relative to the steam navy of France. His
opinion was, that the sailing navy would still be the
principal force of the maritime Powers, and therefore
counselled great reserve in the extension of the. SteamnaVY. He wished the Government to be
.attentiverto
the proceedings Of !England in that respect, and her
example to be followed. In 'allusion to the pamphlet-
published by the Prince DE. JOINVILLE,•-. BILLAULT;
said that Prince had allowed himself to :be dazzled by
powerful innovation's, which would not, however,
•
produce a revolution in naval ascendency.
The'followingappeara in a Lucca journal :
,
.f A letter from Leghorn received this morning contains
the following news ;—‘ By the Tuscan packet 'Leopolfi
which arrived this morning from Naples, we learn that the
insurgents of Calabria have all been ,arrested, and area to he
promptly tried by a military commission. Among them are
three officers who have deserted the flag of Austria, two of
whom are the sons of Admiral Bandiera, and the third an'
individual named Moto. The utmost tranquillity has not
ceased to prevail in the kingdom of Naples.'
" Letters from Trieste,' says the Swabian Mercury,' state
that all the Italian refugees arrested in Calabria ' have
been shot.'" 1

THE BOURSE-THURSDAY, JULY 11. -
First Highest Lowest Last
Price. Price. Price. Price.
French Five per Cmts.• •..• 122 05 122 15 .. 122 • • 122 15
Three per Cents... •• 81 65 81 75 • • 81 65 .. 81 75
Rank of France • 3020 —3020 8028 ••3020
Latßite Bank, I,ooof. Sharesll2o • .1120 —ll2O ..1120
5,000 f. Sharesso7o —5670 —5070 —5570
Belgian Bang ...... ..• 683 50 • • 682 50 • • 682 50 .• 682 50
Belgian Fives,lß3l.•
1840 .• •• •• 1054 .. 1054 .. 1051 .. 1054
1842 •• • •
Threes 78 78 .. 78 .. 78
Spanish Active ........ .... 31 .. 31 .. 31 .. 31
Threes . .
Passive 5l .. 51 .. 5/ .. 5/
.. 98 95 .. 98 95 .. 98 90 .. 98 90
Roman .. ..
RAILWAY SHARES.
St. Germain . B9O .. 890 • • 890 .. 890
Versailles, R.B•• •• • ....... 380 .. 380 .. 380 .. 380
L.B ... 246 25 • • 247 50 • • 245 •• 247 50
Rouen • ... •• 980 .. 980 .. 980 .. 930
Orleans .• 977 50 .. 982 50 .. 977 150 .. 932'50
Strasburg to Bale.• • ....." 240 —.240 1. 238 75 .. 240.
Avignon to marseilles.,..... 767 50 e. 767 50 .• 767 50 •• 767.50,
RAILWAY SHARES FOR THE ACCOUNT, 15. H JULY.
Versailles, R. 8......... 378 75 .• 378 75 .. 378 75 .. 378 75
L. 8..... • • ...... 240 247 58 .. 240 • • 247 50
Rouen 978 75 ..-585 .• 978 75 ..• 985.
Rouen to Havre.... .... . . 757 50 . 760 757, 50 • • 760 -
Orleans 978 75 .. 982 50 .. 978 75 982 50
Rtrasburg to Bale.
Avignon to Marseilles.. 763 75 .. 765 .. 763 75 . 765

BIRMINGHAM ELECTION.
RETURN OF MR. SPOONER.

For some days past nothing else has been talked
of either in the public streets, in places of business,
or in private society, but this election. There
seemed, from the first, to be but one opinion as to
the result, in the event of the three candidates going
to the poll. The announcement of Mr. Sturge 's de-
termination not only to proceed to the poll, but to
keep it open to the last, filled Mr. Spooner's friends
with delight, and struck the supporters of Mr. Schole-
field with dismay. Mr. Sturge himself never dreamt
of success, but conceiving that he had preferable
claims to Mr. Scholefield, having been in the
field several years ago, and retired in favour
of Mr. Muntz, to prevent a diversion in the
Liberal interest, considered himself unfairly and
unhandsomely treated by Mr. Scholefield's friends, in
putting that gentleman forward to oppose him. The
intense interest felt in the result of the election was
strikingly exhibited by the aspect of the streets this
morning. Everywhere the eye was attracted by colossal
placards, issued by the various candidates, and in
every corner of the town were to be seen small
groups of persons talking over the all-engrossing
topic. The polling booths were crowded by the
friends of the several candidates a considerable time
before the process of polling commenced. At eight
o'clock, when the poll opened,, many *of the booths,
seventeen in numbc.r, were literally besieged by the
more zealous supporters of the respective candidates,
all eager to record their votes, in the hope that others
would be induced to follow their example, and that con-
sequently a favourable start would be made in favour of
their side. From eight in the :Horning till three o'clock,
when the constituency were pretty nearly exhausted,
cars were to be seen flying about in all directions,
hurrying to the poll those of the electors who pre-
preferred to be conveyed by such means, to the more
common-place mode of transit, namely, that of-vvalking.
The conflict might be said to have fairly commened
with the opening of the poll.. From that hour all was
bustle and excitement in every part of the town, and
the constest was carried on with remarkable spirit
until two o'clock, when despair began to take pos-
session of the friends of Mr. Scholefield.' The state
of the poll had by that time, as will be seen by the
figures which follow, assumed an utterly hopeless
aspect for them. The following is the state of the
poll at the various hours from eight in the morning
till four in the afternoon :
HALF-PAST EIGHT O'CLOCK.

Spobner
Scholdeld

Sturge
NINE O'CLOCK
Spooner
Scholefield , 353

Sturge
TEN O'CLOCK
Spooner
S7.holefielcl

TWELVE O'CLOCK.

Spoor.er ..... . . 1,222
Schglefield
§turge
ONE O'CLOCK

Stufge
ELEVEN O'CLOCK.

Spooner
Scholefield ...... 947
Sturge
Two o'CLoc K

Spooner
Scholegeld . ; ....
Bturge
281
:THREE o'CLocK.

Spooner
Scholefield . .. 654'

Spooner
Scholefield
Sturge . 306
cg—CLOSE.

. . . .
Sturge
Fora
Spooner
Scholefield
Sturge.

1,731
345

JOINT-STOCK BANKS.—The Government have folt.
lowed up their line of policy with respect to public compa-
nies, &e., by bringing in a Bill " to regulate joint-Stock banks
in England," which contains 45 clauses. It enacts, amongst
other provisions, the following :—Joint-stock banks hereafter
established must conform to this Act, and no more than sis,
persons will be allowed to carry op the trade of bankers in
England, under any agreeinent br covenant of co-partnership
entered into after the 6th of May last passed, unless by virtue
of letters patent, to be granted by her Majesty. The pro-
posed company must petition fora charter, to be granted on
the favourable report of the Board of Trade. A deed of sego-
.
tlement, containing provisions f6r certain special purposes,
must be prepared. No company to commence business until
the deed is executed, and at least one-half of the shares paid
up. Incorporation is not to limit the shareholders' liability.
All bills of exchange and promissory notes made, accepted,
or endorsed, on behalf of a company must be signed by two
directors. The 43d clause enacts that existing companies
may be brought under the operation—that is, " take the be-
nefit" of this Act.
SMALL DEBTS AT SYDNEY.—The Court of Re-
uests at Sydney commenced its sittings on: the sth of
February last, with a list of 960 new cases.
CURREN-TS OF THE OCEAN.—A paper, inscribed as
follows, was found on the 31st of May last, within a bottle
picked up on the beach near Mazagan :—" Brig Thames, of
Alloa, lat. obs. 47 4, long. chronometer at noon, 42 21 west,
9th of May, 1842. From Alloa, bound to Dalhousie, Chaleur
Bay, North America. Please, if picked up, publish the above
and place where picked up, to know the set of the current.
(Signed) David Bell."
THE FATAL STEAM-BOAT ACCIDENT OFF
LAMBETH-PALACE.—On Friday forenoon, Mr. Carter re-
sumed, at the Ship, Fore-street, Lambeth, the adjourned in-
quiry, touching the deaths of Henry Tucker and William
7,rngirt, the particulars of which have already appeared. The
inquiry lasted vine boors, and there being about ten more
witnesses to examine, it WAS agar
g alourned to Tuesday
mornin next.

- ,
Most of the Paris journal have articles on the dis-
cussion which took place in the Cliamber of Peers
relative to the affairs prAlprocco, 'TheAp or the Op-

table perseverance and moral, perhaps, also, physical i- position, of course, blame the policy of M. GUIZOT ! AMERICAN NEWS
courage, of the inhabitants, have allowed one of the in,. paying deference to the views of the English 'i
.: . in, ---.
Vdp ?a Pi
Captain
OB L. ,J.FHe
H. Trask,
most influential manufacturing towns of.the kingdom Cabinet, and are not at all pleased with the manner i
a vote in the Legislature. Birmingham had great merit in which the Prince DE LA Mosxowi brought for- i By the packet-ship Garricil,l
in carrying the Reform Bill. No town did half i ward his motion. The general opinion of the Cham- which arrived this morning from New York, in sixteen
so much, and we should not be far wrong in stating ber, however, was in favour of the view taken of the days, we have received papers to the 26th ult., being
five. days
.later than those brought by the Rochester,
that all the towns together in England, Scotland, and I question by the Minister for Foreign Affairs. It ap-
. : which arrived yesterday. The following is a summary
Ireland, did not make such an impression on the ' pears from these papers that another Peer, Count of the news :
House of Lords as Birmingham, when the inhabi- , PELET, put a question relative to the comparative I WAsaiNoTON, ItliE 24.--LThe tumour relative to the eb.:
altloegeet thideart
thane,affexatirrsa
osef itioxnas
tants, almost to a man,:assembled on New Hall-hill. : strength of the naval forces of England and France ' jets of the extra session of'the Cabinet was, true in part. It
o,fan°°(intgoressannex that
Now times are changed. Radical Birmingham re- :in that quarter, and also whether the mission of ,will be
turns a red hot Tory, and rejects a moderate Whig :1 necessaryiis
.now
, Marshal BUGEAUD to Morocco was purely military. country: to ours, in consequence of new light which has been
and an ultra-Radical. Never had the Tories such 1 M. GUIZOT assured the Noble Peer that the 'naval : . discovered on the subject of the movement 'of the British
Government. It is also said that England is desirous of
cause fir triumph. The men who call themselves force dispatched by the English Government to the ! making a commercial treaty with Texas on the free trale
Liberals squabble with each other—they prefer pa- coast of MoroCce was in no way superior to that Of principle, or at least on terms of reciprocity, and to interpose
sonal interests to the good of their country-they France. It was merely a squadron of observation, Tdh eenr cgeooo;'ll9effix acses'bintsheectloinvgernthmeenretcoot gi❑
neion tAt
xico. of the indepen-
fight without any political national-object, and allow and such as might be necessary to protect English ii The New Yori Express of the 26th says"We have seen
the remnants of a broken faction to seige the citadel i interests. As to the second point,. he would remark , the dispatches just received by General Almonte, the Mexican
; Minister, now residing in this city. It seems that, the
of Reform. „ . , 1 that Marshal BUGEAUD had carried on the war in I Afexican.Government are full - determined- ' _ ),

_rep
Senor Bocanegra, the Secretary of Foreign Affairs in Mexico,
tells Senor Almonte, in the strongest terms, that Mexico will
never assent to the annexation—that the Government and
the nation are determined to resist the project, and reject all
proposals, for its consummation, whether accompaniedby offers
of compensation or otherwise. General Almonte is instructed
to contradict any assertion or intimation of a different cha-
racter to this."
The Madisonian contains a treaty which has been con-
cluded between the United States and France, and duly:rati-
fied by both Governments. The convention is for the mutual
surrender of criminals other than Rolitical, escaping from one
country to the other. •
A great repeal meeting was helff, on the 25th June, at
which it is stated 12,000 persons were present.' The object
of the meeting was to collect money to pay the fine upon
O'Connell, and 1,000 dollars were reported to have been re-
ceived, when the meeting adjourned to the following evenin&
A paper called the Naucoo Expositor having been esta-
blished in opposition to the Mormon impostor, Joe Smith, on
Monday, the 10th ofJune, a company consisting of some two
or three hundred of the Nauvoo Legion, assisted hyas many
volunteers, armed with muskets, swords, pistols, bowie-knives,
&c:, marched up in front of the office of the Expositor—en-
tered the building by breaking open the door with a sledge-
hammer, and destroyed the press and all the materials, by
throwing them into the street and setting the whole on fire.
The Catholic citizens of Philadelphia had 'prepared an ad-
dress in reply
.to the presentment of the grand jury, relating
to the late serious riots, alleging that they had, been grossly
misrepresented by that body. it was feared another outbreak
would take place on the 4th July.
Sir C. Metcalfe had proceeded to Montreal, which was now
formerly adopted as the seat of Government.
The state of the crops in the United States is very favour.:
able. In the western section of the State full crops of wheat
will be realised.;The harvest, generally, is a fortnight earlier
than usual, and in Washington county the farmers, are
busily engaged insOtting their wheat.
MONEY AND COMMERCIAL.
•AsnEs.—Pots continue in very limited request, and we still
quote 4 dolls. 184 c. to 4 25c. ; the sales principally at .the
former price. Pearls are very inactive, at 4 50c.
-BEES Wax.—This article is in very fair deinand, and sales
of prime northern yellow have been made at 291 to 30c.
• Carros.—The sales have again been limited; not eltceed•-
ing SOO to 400 bales, for manufacturers. Shippers will. not
purchase unless at a decline, which holders are not at pres6t
willing to accede to. Freights are dull, and vessels' cannot
get id. fi,r square to Liverpool. Indeed, one or two Vessels
would take less, to fill up, were it offered. . •
Foreign exchanges still continue veiy,high, and we,can see
no probability of the rates being reduced m for some time.! Opr
imports have been so very large, and our exports soi VePa
limited, that the balance a trade must be regulated byiship-,-
irients of specie. The•stocks of cotton on hand in the; prin-
cipal markets of this conntryand in Liverpool are very large
the aggregate more than two hundred thousand bake
larger than at the same time last year. A very larg4
tiou of the cotton held iii Liverpool is on account of advances
made to owners here, whnare holding on to the last moment
for an advance. Cotton laying in Liverpool is, in fact,
est—
ported from this country, but as returns have not been real.'
iced, it can hardly yet be valued in theeexportation up to this
moment. • -
The rate of Exchange on London is 109 to 109.

LATER from the UNITED STATES.
LIVERPOOL, SATURDAY EVENING.
The royal mail steamer Acadia has just arrived,
having left Halifax on the afternoon of the 3d,: anp
Boston on the ISt, having therefore made the passage
from the former place in nine and a half and from
Boston in eleven and a half days. She brings eighty
passengers. •
The news by this arrival comprises only fotir days,
one of which was Sunday, all the previous dates
having been brought by the Garrick and the Roches-
ter packet ships yesterday. The political intelligence
is destitute of interest, and the following are the Only
extracts of importance from the papers :
On the 6th June, the British barque Dominican, Capt.
Salter, from London for Jamaica, was wrecked on the
Folle; a coral reef in the vicinity of Aux Cayes, about
twenty mites distant from the port, and was found to be
totally abandoned. It is supposed that her crew and
passengers took to their boats, and attempted to proceed
on to Jamaica, being afraid to land at Aux Cayeii, as'
they knew the island to be in a state of insurrection.
Nothing had been heard of them when the packet left.
The Dominican had a valuable cargo of dry gOOds,
liquors,Ac. Among her passengers was a Mr. Field,
lieutenant. of the .royal artillery;
• Mr. President Tyler has surprised his countrymen.by
entering the married state, having espoused a Miss Julia
Gardner, eldest daughter of the late Hon. David
Gardner, of Long Island. The ceremony was strictly
a private one, not more than a dozen people being pre-
sent in the church.
MONEY MARKET, NEW YORK, JUNE 29.
(From the New York American.)
' The excessive heat of the last few days, which has
driven many people from the city, and the general stag-
nation incident to the season, have produced a pause in
the speculative spirit that for some weeks past gave'ani-
,sm; oecni
and
nst,do,
have
aiO:nieer
esnSudttro,
;crake)
d.
i3ll'
gl ark e t—
consequenta dl y what h
da e
et l
nr
ee c eThed
stocks remain as before, With.
rather,a tendency to rise.
. Money continues abundant. Exchange oh England is
dull at 91 prem. ; and 'coin remains, therefore, without
any demand for exportation.
We have the accounts, usual at this season, of partial
failure of the Wheat crop, and of damage to the growing
•Cotton crop, but they amount to little' or nothing. tt- is
indiSputable that the yield of wheat will be immense ;
and coming, as . it will, upon a market already glutted,
the prices can hardly fail to go lower. Some of the
new wheat of North Carolina and Virginia is already in
market, and several thousand bushels have been sold
there at from 87 to 90 cents the bushel.
The State of Pennsylvania, it is now hoped and, be-
lieved, will restore herself speedily to the rank.of solvent
Scales. We borrow from a contemporary, the Republic,
this statement :
" The State interest, which falls duo on the Ist of
next, wig, by the terms of the appropriatibn
law, be funded in a stock, and the succeeding six.
months'' interest. on the whele debt, due February,
1845, will be paid in cash ; so that froni August, the
large debt of Pennsylvania may be considered active?'
Certainly it is that no State in the Union can more
easily than Pennsylvania meet all her obligations ;''and,
inasmuch as all branches of indust.ry are flourishing
there; we cannot doubt that the ability to be honest will
be seconded by the will and the deed.
The adjournment of Congress puts an end,' for a time,
to ail political agitation as connected with foreign affairs
and the opinion now seeming general that Mexico will
not consent to any negotiation for the acknowledgment
(if the winexation of Texas to the United States, that
project may be considered as less formidable than here-
Wore.
• There are . rumours of` the President's purpose to call
an extra session of Congress, and as agitation is the
chief hope of those who favour annexation, they will
endeavour, doubtless, to promote the Call.' 'We do not
think it will'he 'mride.
SALES AT THE STOCK EXCHANGE, JUNE 29._
3,000 Ohio Sixes, 1856
10,000 Indiana Dollar Bonds, 25 yrs 45
50 Shares United Service Bank
100 Do. Vicsburg Bank
, .
LO Mechanics' Bank. .
500 Farmer' Loan
50 Stonington Railroad 43
15 Erie Railroad lB
86 Syracuse ar.d Utica Railroad
150 Reading Railroad
65 Canton Railroad
75 Mohawk Railroad 6O
100 North American 'Mist ll
20 Ohio Life and:Trust 975
100 Paterson Railroad
520, New Haven Canal 32
50 LOng Island Railroad
100 Harlem. Railroad
-25 Norwich and Worcester Railroad'
DIVIDENDS.--Thee Bank of America has declared a
dividend of 3 per cent. for the last six months, payable
.July 6th...
The NOrth River Bank; 34 per cent. payable July 8.
The Tradesmen's, Bank has declared a semi-annual
dividend of 5 per cent., payable on July 1.
PHILADELPHIA, .JUNE 28—P. N.
The Stock operations to-day.were spirited, and to a
larger amount than on yesterday, and prices were
07954d0;11 25,.0. Tennes-
see dnollss;
at 7 5,1 e
pretty well, sustained. Pennsylvania Fives declined
and -United States Bank about 50 cents. a share ;
400didttio ditto, )
.4 Sixes,loi ;
2,000 dolls.
l
n. Pennsylvania
dolls.dvaniaFaitve7i.
Fives sold-at
see Bonds, 861 ; 2,000 Philadelphia County Fives, 94
1,2059
1011 ; 30 shares Girard Bank, 11 ;
0
71W;i12rnesiengotmonmetialr
Bank,ad, 21512.
At the Second Board, 3,000 dolls. C. and. Delaware; 100
United States Bank,
Canal Loan at 645 ; 7,000 dolls. Pennsylvanian Fives at
751 ; 6.000 Reading R. Bonds at 72 ; 2,000 dolls. Ken-
tttic7ksyi,B:nsddssa.t; 101,45-1-00;
d0115.4,001)i\7
dolls Pennsylvanian Fives
a ilrningten It. Sixes, 1858,
at 84 s • 300 shares Girard Bank at 104 ; 200 Wilming-
ton R. at 21,'s. 5 ds. ; U. S. Bank closed at 74 asked ;
Girard Bank at 10 a 104 ; Wilmington R. at 21k a 21+;
Reading R. Bonds, 72 ; Pennsylvania Fives, 75/ a 751.

R
,:tl-1 4LowywA
yr_AlßtEaSppars
ON
1
Laing'sANDpaper appended to
BIRMINGHAM
fromli E
LONDON 3
-.the Select Committee's Report. that at present the London
and Biimingbam Company carry 780,000 passengers per an
num, an average-distance of 66 miles each. Of this number
"37 per cent. pay 3d. per mile, 54 per cent. 2d., and 9 per cent.
fr.
lid. Supposing the company to run third-class carriages at
Id. per mile, with all their trains, and, allowing that 15 par
cent. paid 3d. per mile, 30 per cent. paid 2d., and 55 per cent.
Id., they would require to carry 2,979,670 persons (or nearly
four times the present number) an average distance of 30
miles each, to secure the same gross returns; or, as the ex-
penditure would be increased, the number must be raised to
3,500,000 to retain the existing amount of nett proilt.--Rai/-
way Record? •