The Sun.
London, England, 1842-01-24 00:00:00

".f ( w
-
‘-rd: • '"•1-
• • ci?..-,rB ) 4,11
• ,
• It" A •
• L , .
‘4,* 'l.".•••\
7rA. II I r 44111 r+IIOLA II El
I IMP I " tty-
• 4IL i, IPr r4tavi OV • A'11.1116,7, -
11111.4.,

PRICB 5d

23, will, till the 30th of June next, be 211 per cent. On
merchandise, paying 30 per cent. in 1833 (now 26) it
will be 23 per cent; on that paying 50 per cent. (now 38)
it will be 29 per cent.; on all the articles paying a specific
duty exceeding 20 per cent. ad valorem 7-10ths of the ex-
cess is to be deducted. The effect of these several
diminutions of duties have been thus illustrated : Th
duty upon woollens is 50 per cent, of the value thereof
at the place of exportation. Four-tenths of the excess
of 20 per cent. having been already deducted, woollens
now pay 38 per cent. Three-tenths to be taken off' on
the first of January next, will leave the duty at 29 per
cent, ; and on and after the Ist of July, 1842, the duty,
under existing laws will be 20 per cent. upon the value
of woollens. This example will serve for other articles
subject to ad valorem duties.
The assessment under the State Tax law of Mary-
land, it is estimated will reach above 200 millions of
dollars, which at the rate of taxation will produce about
400,000 dols. The amount which it is necessary to raise
to pay interest on the public debt, &c., is 600,000 dols.
The Merchants' Bank of Baltimore has declared a half
yearly dividend of three per cent.
The Western Bank of Baltimore has declared a divi-
dend of two and a half per cent. for the last half year.
The Baltimore and Rapnahannock Steam Packet Com-
pany has declared a dividend of seven per cent. for the
last year.
The Legislature of Maryland, by a most decided vote,
have avowed their determination to maintain the faith of
the State. A resolution was introduced on Friday to re-
peal the Tax Law, which was voted down, 56 to 21.
The Philadelphia Papers mention, as a gratifying
evidence of commercial activity in at least one article of
trade, that 14,400 barrels of flour were shipped from that
port during the past week.
PRICE OF FLOUR AND GRAIN.—At Philadelphiac
inst. Flour, 6 dols. 12c. to 6 dols. 25c. for good brands
for family use ; Wheat, 1 dol. 30c. ; Corn, yellow, 51c.
to.s2ic. ; white, 49c. to 50c.—At Baltimore, Ist, Howard-
street Flour, 5 dols. 871 e. ; City Mills, 6 dols. Wheat,
1 dol. 28c. to 1 dol. 35c. Corn, white, 52c. to 53c. ; yel-
low, 53c. to 54c.—At Boston, 31st, Genesee common
brands Flour were selling at 6 dols. 25c. ; fancy, 6 dols.
374 c. 4 mos. ; Georgetown, 6 dols. 41c. for extra—very
dull at those prices. Corn, new and old yellow, 60c. to
62c. ; new and old white, 58c. to 60c. _ _ .

A meeting of the " Democratic" party was held in Phi-
ladelphia on Thursday evening on the subject of the State
debt, which was pretty numerously attended. The pro-
ceedings, however, were far from harmonious, and but
little consequence seems to be attached to the meeting.
The doctrines advanced in the resolutions doubtless
speak the sentiments of but a few reckless spirits, and
will be scouted by the mass-of the party in whose name
they are issued. The resolutions declare, in sub-
stance, that the present State Debt was contracted
without the sanction of the Constitution, and fir pur-
poses at variance with the legitimate designs of Go-
vernment—that the people of the Commonwealth are
under no moral or legal obligation to pay the debt,
and that " they would be recreant to every princi-
ple that should govern freemen" if they consented
to bear the burden of taxation for that purpose. It was
further; resolved, that they would unitedly resist by all
lawful means the collection of the present or any future
tax that may be levied to pay the principal or interest of
the State debt—and that " it is the duty of the Legis-
lature at the earliest possible period of its session to
make provision for the payment out of the money in the
Treasury, of all persons to whom the Commonwealth
is indebted for manual labour, and then immediately
to pass over to Commissioners, Trustees, or As-
signees, all the property of the Commonwealth,
reserving such only as is absolutely . essential to
the transaction of the legitimate business of Go-
vernment, and to provide for the equal distribution of
the proceeds of such property among the so-called State
creditors, in proportion to their respective claims ; and
to provide further, that all claims against the State,
existing prior to such transfer, shall be claims only upon
the fund in the hands of said Trustees, Commissioners,
or Assigness." The last resolve calls upon the people of
the State, in order to compel the banks to resume specie
payments, to receive bank-notes at their specific value
only, from and after the first of February next.

ADDRESS TO THE QUEEN.
(FROM A CORRESPONDENT.)
DERBY, JAN. 21.—A public meeting of the inhabitants
of the county of Derby was held this day (Friday) at
the County-hall, to congratulate her Majesty, on the
birth of an heir apparent to the Throne. The requisi-
tion to the High Sheriff to convene the meeting was
signed by the Magistrates and others. The High She-
riff took the chair. After a few preliminary remarks
by the Chairman, the Rev. A. Curzon came forward to
propose the address, which was seconded by W. Evans,
Esq., M.P. An attempt was made to carry the address
without the following addition, but it failed. A work-
ing man stood forward to propose the addition. After
the document was read considerable excitement prevailed
among the aristocratic party, and they finally agreed to
withdraw the address, and the High Sheriff vacated the
chair. A working man was then appointed as chairman,
and the address, with the addition, was then put and
carried unanimously. I understand that after the Chair-
man had vacated, the gentry and the Sheriff went into
the Grand Jnry-room, and there passed their address
with locked doors.

The following is the additional clause
•' At At the same time we cannot but acquaint your Ma-
jesty, that thousands of virtuous women, your Majesty's
subjects are passing through the like natural extremities
upon beds of straw, without even a pillow whereon to
lay their heads, or sustenance to support them; that
starvation and misery are pervading the whole land; and
we attribute this state of things to Class Legislation,
from which have sprung the abominable Corn monopoly,
the iniquitous Poor-law, and all other oppressive laws,
which have reduced the people to their present wretched
and miserable condition; and therefore, we pray your
Majesty to instruct your Ministers to pass a law for the
total and immediate repeal of all enactments that have
a tendency to rob the millions for the benefit of the few,
and also that every male inhabitant, 21 years of age,
untainted with crime, may have a vote in the election of
representatives in the Commons House of Parliament,
and that all such votes be given by Ballot.
The Rev. T. Sing, Catholic priest, was appointed to
present the address to her Majesty.