The Sun.
London, England, 1844-06-15 00:00:00

FOREIG

Austrian, 5 per Cent ... —
Belgian, 5 per Cent 103%
Brazilian Bonds ...... , 77.

Buenos Ayres, 6 per Cent... 26 Russian:s per Cent —
Chlliant li per Cent Ditto, Metallic
Colombian, 6 per Cent
Ditto, 1824 ,Ditto, 3 per Cent 34%
Cuba Bonds, 6 per Cent...... Ditto, Deferred —
Danish, 3 per Cent
Greek, 18_5, 5 per Cent — Exchange —l. —c.
Mexican, 5 per Cent
Ditto, 6 per Cent., 18:3'7 ,Dutch, 236 per Cent...—. 61%
Peruvian, 1925, 6 per Cent 27 , Ditto, 5 per Cent .........10034
SHARES.
Birmingham and Derby, £lOO paid 64
Chester and Holyhead ( 5 paid)
Chicbester and Brighton, 5 paid 4
Dublin and Cashel, 234 paid
Great Western (75 paid)
Ditto Half Shares, 50 paid 77%
Ditto Fifths, 12 paid 25
London and Birmingham (Stock) ......
Ditto New Quarters ( 2 paid) 25
London and Brighton (50 paid)
London and Greenwich (122. 15s. 4d. "aid) 7
Londost an& South Western (414 6s. 10d. paid)
Manchester and Birmingham 57
Newcastle and Darlingron Junction. 21 paid 43%
Northern and Eastern (45 paid)
North Midland (100 paid)
Ditto, Thirds, £2l 13s. 4d. paid 3l
South Eastern and Dover (33 2s 4d paid)
Thames and Medway, £l9 5s 8d paid lO3
York and North Midland (50 paid) llB3
Ditto Half Shares (25 paid)
Paris and Orleans (20 paid)
Paris and Rouen, 20 paid' 37%

SPIRIT of the PUBLIC JOURNALS.

FROM THE EVENING PAPERS OF THIS DAY.

GLOBE.—Another heavy blow and great discourage-
ment for the Government of false pretence. If Pyrrhus
exclaimed, " Another such victory, and I am undone"
—what shall exclaim Goulburn and Gladstone, who
purchase defeat—aye, and signal defeat—at a mo-
ral cost too great, had it purchased victory 1 ".How
is the. Queen's Government to be carried on ?"
may we (ask his Grace of Wellington. Lord Mel-
bourne resigned in 1839, because he had only a ma-
jority somewhat under 20 (if we remember) on a
West India question. May we ask what her Majesty's
present Ministers propose as their course of action,
when they find themselves in a minority of twenty on a
West India question ? In common with our London
readers, our eyes have lately repeatedly fallen on gigan-
tic placards respecting " that mysterious person, Miles's
Boy." If Sir R. Peel passes submissively under the
Caudine Forks placed for him by last night's division, we
shall no longer have any doubt where resides the real per-
sonal identity prefigured by that cognomen. We shall
henceforth be unable to think of the plausible Premier,
with any other addition than as " that mysterious
person, Miles's Boy." That is where all his
mysteries of statecraft appear to have landed
him. He has tried one mystery too many—
the attempt to mystify suffering interests. For
the first we remonstrated—how much better to
have adopted an open policy. But an open policy
was not open to those who had so long followed a
tortuous course. The party in power hacl chosen to
place their quarrel with their opponents on the old anti-
slavery ground, which they accused those opponents
of deserting. Now the anti-slavery ground has not
been deserted ; it has been washed away. There is no
longer any sure footing upon it, for any man, or for any
party. Our slaves are emancipated ; our efforts against
foreign slavery fruitless. Common sense, to say no-
thing of common honesty, should have dissuaded the old
pro-slavery interest from taking up the old anti-
slavery cry. We have now seen the last agony of that
hollow confederacy and pretence. We have seen the in-
evitable end of successively seeking to pay with words
all parties. It is a currency which there is not much
scruple in issuing, while the public will receive it ; but
the joint issuers are not the parties most disposed to
receive it themselves. They know its value ; and it
was a most remarkable reckoning without his host, that
Sir Robert Peel should have imagined he could turn
against his constituent class-interests the very topics
they wera well enough pleased to hear him employ in
their favour. The distinction between free and slave
labour is valid to keep out the latter ; but not to admit
the former. That is where he has made his mistake.
But the West India interest, and the parties directly or
indirectly connected with it, could have had no power to
effect the Ministerial rout last night witnessed, but for
the fact that the same tortuous course which now dis-
gusts those parties (because it now goes against them) is
equally disgusting to all liberal minds.
STANDARD.—The West Indian interest, by the
aid of the Whigs, free traders, and some discontented
Conservatives, last night succeeded in obtaining a
triumph over the Ministers. The triumph will be, how-
ever, of short duration, and it is most fortunate for the
West Indian portion of the victors that it will be so.
We have for twenty years closely watched the pro-
ceedings of the parties who have in this country
undertaken the management of West Indian affairs,
and we may say with perfect truth that we
have not known them to take one important
step which was not stupid, and fatal to their own inte-
rests, as well as being impolitic and unjust. Last night's
proceeding seems to prove that their character is un-
changeable. Formerly they hoped to be able to per-
petuate slavery, and consequently made no provision, by
educating, elevating, and promoting the increase of the
negro race, to secure a labouring population when slavery
should be at an end. The effect of that insolent neglect
of the feeling of England accelerated the Emancipation
Act by many years, and the want of the labouring popu-
lation, which the planters failed to provide, it is
which has ruined the West Indies. These are truths to
which we challenge an answer from any one. Since the
passing of the Emancipation Act, instead of remedying
their past neglect, they have been, in truth, negotiating
for a smuggled slave trade, while they have calculated
upon the perpetuity of the protection they have so long
enjoyed. The Government will not indulge them in
the smuggled slave trade, and hence their present
alliance with the Whigs. As to the more or less ofpro•
tection, it is a question which can hardly affect the in-
terests of the planters beyond one year at most. Their
late slaves are their present masters ; the cul-
tivators of the soil in the West Indies receive six

times as much as the cultivators of the soil in Eng-
land ; improve their trade, and they will receive
seven or eight times as much. This, how-
ever, is the way to diminish, not to increase, the
number of la,bourets, in a population finite and already
inadequate. The man who, with all the advantages of a
tropical climate congenial to his constitution and habits,
receives as much in wages as six or seven English
labourers, will not long labour at all. A very little
more of capital distributed among the West Indian
labourers will exempt them from the necessity of hiring
their labour to any one, and then what will become
of the planters? We feel very sensibly for the
many excellent persons who have been ruined by
the gross mismanagement of their affairs, and it is for
the sake of the few who have been able to fight off utter
ruin to the present time that we speak thus plainly.
England will not endure a slave trade, how ingeniously
soccer disguised, and without a slave trade, or a total
change of system, there is no hope for the West Indies;
but a change of system cannot be effected without with-
drawing the management of the affairs of the colonies
from those who have so grossly mismanaged them
hitherto.