The Sun.
London, England, 1842-10-18 00:00:00

'RS, Mornirg, Noon, and Night, thereby inntriny a TOWN and COUNTRY CIRCULATION, at ONE CHARGE.

are in Scott's lot. Stip, Napier, Murat, and Siiikol
were also backed for some money..
Again, we had very little sport on Thlirsday, but
three races. The Stockbridge party have not done
wonders this week. On Monday Discord won his
race in a canter, but was not backed for one guinea.
To-day Palladium was backed for some 5001. and wa3
beat, oft: Bellissima also (they say themselves), de-
feated by bad management ! John Day, you must turn
over a new leaf, or you will send to the wall your re-
maining partisans. The two matches were both won
easy.

A brilliant week terminated on Friday with no
less than eight races—l must say one word on these.
I spoke of Murat's wonderful improvement on Satur-
day, but I was not prepared for the gigantic strides
he evidently intends to take. On Tuesday Napier
beat him a head, and on Thursday was sweated :
being very backward, it, of course, follows, that he
would run all the better on Friday for his previous
work. Murat, on Friday, beats him in a common
canter : if he has a good winter, and goes on at this
rate, the Yeoman and Aristides may remain in the
north. Large sums of money were wagered on the
match between Dr. Caius and Ralph. Colonel Peel
and Colonel Anson voted with Lord Eglinton, while
the Palace stable had a host of influential supporters.
The Doctor falling lame, it was, . of course, no race,
and Ralph came in by himself. It seems that there
was a reason, and a good one, too, ,why this horse
(Dr: Cams) not *start for the eesarefiteh. He
has recently had a leg, as the saying goes, and they
were afraid of doing too much with him. He will
not now show for the Cambridgeshire I should imagine.
John Day (alas! John Day, you certainly are
getting old) won two more races without backing his
horses for a fi-ver, as they say in the ring. Honest
John has shown more ingenuity this week than in
any five years previous in his life. As we depend on
the Palace stable for matches at Newmarket, the re-
sult of the stable's performances may not be uninter-
esting. They had horses in fourteen matches—they
won four, lost four, received forfeit in three, paid for-
feit in one, and ran two dead heats. For this portion
of the week's sport we are entirely indebted to the
Hon. Capt. Rous : in the name of the publio and per-
sonally I thank him.

After the races on Thursday there was an amazing
altercation and argument as to what horses really
belonged to Scott's lot. The question appears to be,
whether those horses not actually in training are to be
included, as, says one, it is quite possible Major Yar-
burgh may send his horses to some other trainer.
There was a great noise, and most gentlemen argued
as they were interested, and no fools either. As the
Jockey Club, at their meeting, came to a resolution
they would no more decide disputed bets, the " Scott's
lot" question, as far as it relates to any bets already made,
must be settled by the parties immediately concerned.
The remedy for the future is most simple, for the
names of the horses can easily be written down and
booked with the bet, and it need hardly be said that
it is absolutely necessary gentlemen must know what
number of animals they back or bet against. There
is much to be said on both sides of the question, I
confess, but my opinion is decidedly that the lot
backed must include every horse then the property of
Scott's known masters, whether the horse was in
training or not. My reason is this, simply because
between honourable men, a bet stands as it was
understood by both parties at the time it was made;
and why this year an exception should be made, I am
at a loss to discover. Mr. Nevill's horses generally
go up late, frequently after the lot have been backed ;
but I have never heard the question mooted whether
his horses were to be excluded. Cooper's lot were
backed for the next Derby long before St. Valentine
left Hampton Court. John Day's lot is often backed
long before all Mr. Wreford's horses arrived from the
country. We have no laws on the subject, but if
long-established custom is binding, certes, it is on
my side. People talk of the published list, when,
perhaps, no two papers contain the same ; moreover,
m the list I have seen I observe a horse named Game-
cock, the property of Lord Chesterfields steward, and
trained by him, if Mr. Dorling's Epsom list be cor-
rect, and I have no reason to believe it otherwise.
0ct.17. JUDEA.

A LTERATION in 'CHANGE HOURS.
A most numerous and highly influential meeting
of the merchants of the City of London took place
yesterday at the London Tavern, for the purpose of
taking into consideration the propriety of holding the
Exchange at an earlier hour in the afternoon. Among
those present we noticed Lionel Rothschild, Esq.,
J. Bates, Esq., J. Doxet, Esq., James Cook, Esq.,
and several other influential merchants and members
of the Stock Exchange.
THOMAS BATES, Esq., of the firm of Baring Bro-
thers, in the absence of John Heath, Esq., the Gover-
nor of the Bank of England, took the Chair shortly
after two o'clock ; and after reading the advertisement
calling the meeting, he stated that he believed in con-
sequence of himself and others having agitated the
question with respect to the alteration in the hours of
'Change, the present meeting had been called. He
had conversed with several most influential persons,
and he believed from those conversations there would
be very little, if any, opposition to the plan intended
to be submitted to the meeting, which had been
called solely for the purpose of knowing whether
among the merchants of London there was any ob-
jection to that plan; if, therefore, any gentleman
present had any objection to urge, he should be happy
to hear it.

LIONEL ROTHSCHILD, Esq., moved the first reso-
lution, which was to the following effect :—" That in
consequence of much inconvenience having arisen
from the late hour .of meeting and remaining on
'Change, it is desirable that henceforth the Exchange
be holden from three to four o'clock, p.m., to close pre-
cisely at the last named hour." He had much plea-
sure in proposing this resolution, because he believed
it would facilitate business, and would meet with the
approbation of all parties.
GEORGE MOFFAT, Esq., seconded the resolution,
feeling no doubt that its adoption would be attended
with great convenience to the commercial world. He
believed that the alteration proposed was essentially
necessary, as he found upon inquiry that the 'Change
in London was later than any other commercial mart
in the world.

Mr. SimesoN wished to say a few words with re-
spect to the resolution. He had been a broker for
upwards of 23 years, and from the experience he had
derived during that period, he thought there would be
many disadvantages attending the closing of the Ex-
change at so early an hour as four o'clock. He thought
if it was kept open to half-past four, every necessary
advantage would be secured. With respect to what
had been stated by the seconder of the resolution, as
to the 'Change in London being later than any other
ports, it should be remembered that the port of
London was more extensive than any other port in
the world, and the business of it was conducted upon
very different principles. He was connected with the
timber trade, and from his knowledge of the traffic in
that commodity, he was convinced that it would be
greatly injured by 'Change hours being shortened to
four o'clock. Persons engafed in that business fre-
quently could not sea the Custom-house officers till
two o'clock at the Docks, and it was, therefore, im-
possible they could be prepared by four o'clock. He
would, therefore, submit to the meeting whether half-
past four o'clock would not be a better hour. Ha
would also add, that he did not think they could carry
out the present proposition till the new Exchange was
completed. He would not move any amendment,
but only stated what he had done for the consideration
of the meeting.
The CHAIRMAN observed that, with respect to the
timber trade, which had been adverted to by Mr. Simp-
son, it must be remembered that it was but one
among many trades, and that, by commencing busi-
ness a little earlier, the evils complained of might be
remedied. As to the faults of the Custom-house
officers, that was an evil that ought, and no doubt
would, be remedied. .The worthy Chairman having
put the resolution, declared it to be carried, with
only one dissentient.
Mr. DALLAS then moved the following resolution :
" That a Committee be appointed to carry the fore-
going resolution, and other matters connected there-
vith, into effect." He believed, if an efficient Corn-
nittee was appointed, well acquainted with 'Change,
the best results might be expected. Among the old
practices he should wish to see kept up, was ringing
the bell, and effectually closing the doors at 4 o'clock.
Mr. POWELL seconded the resolution. He depre-
cated the old plan of ringing the bell, considering it a
great annoyance. He had spoken to Mr. Tite, the
architect, on the subject, and that gentleman had
stated that the evil might be remedied by placing the
bell on a belfry, above the Exchange.
The resolution was agreed to unanimously.
The following gentlemen were then appointed to
the Committee :—J. Heath, Esq., J. Bates, Esq.,
Lionel Rothschild, Esq., F. Huth, Esq., H. Salem,
Esq., J. Doxet, Esq., and. J. Cook, Esq.
Mr. SIMPSON wished to know whether the Chair-
man was aware that there was a Treasury minute in
existence, to the effect that the doors of the Exchange
should be kept open till five o'clock.
The CHAIRMAN was fully aware of that fact, but
thought it might be easily got over.
Mr. MOFFATT was sure that Sir R. Peel would not
act against the wish of the merchants of London.
Mr. DOXET thought that the great vice was the
late hours at which foreign bills were delivered.
Thanks were then voted to the Chairman, and the
meeting broke up. At the conclusion of the meeting
it was arranged by those gentleman who had been
appointed on the Committee that they should meet
this day at two o'clock, for the purpose of considering
the best course to be pursued.

THE SLAVE TRADE-PROCEED-
INGS OF BRITISH CRUISERS.
LETTER FROM LORD ABERDEEN TO THE LORDS
COMMISSIONERS OF THE ADMIRALTY.

Foreign-office, 20th May, 1842.
My Lords—l big to call your Lordships' attention
to the subject of the instructions given to her Majes•
ty's naval officers employed in suppressing slave trade
on the coast of Africa, and to the proceedings which
have taken place with reference thereto, as detailed in
the papers named in the margin of this letter.
Her Majesty's Advocate-General, to whom these
papers have been submitted, has reported that he can-
not take upon himself to advise that all the proceed-
ings described as having taken place at Gallinas, New
Cestos, and Sea Bar, are strictly justifiable, or that
the instructions to her Majesty's naval officers, as re-
ferred to in these papers, are such as can with perfect
legality be carried into execution.
The Queen's Advocate is of opinion that the block-
ading rivers, landing and destroying buildings, and
carrying off persons held in slavery in countries with
which Great Britain is not at war, cannot be con-
sidered as sanctioned by the law of nations, or by the
provisions of any existing treaties ; and that however
desirable it may be to put an end to the slave trade,
a good, however eminent,
83,nt
.irtest,,esh.shouldolf
nenjsrgau eaNal:days not
eoorootefntt:olls bea
see
ttedoihtri bsee;aepeo2i
employed
obtained
leoheoyNAi
this
t opdnedur
proceedings
el
dallolvife:i
scAs4clierlacl:tcp7bhaottlas.rhendNwt:
ugya;nitlsyelea
sia,l,:easartrnafnoumtddlt
thaihnj,
etieei etosl:atei
partment to the Admiralty on the Gth April, the Ist
d
submit to the consideration of your Lordships that it is
n
suppressing the slave trade should be instructed to ab-
stain from destroying slave factories and carrying off
persons held in slavery, unless the power upon whose
territory or within whose jurisdiction the factory or
the slaves are found should, by treaty with Great Bri-
tain, or by formal written agreement with British of
ficers, have empowered her Majesty's naval forces to
take these steps for the suppression of the slave trade ;
and that if, in proceeding to destroy any factory, it
should he found to contain merchandise or other pro-
perty which there may be reason to suppose to belong,
to foreign traders, care should be taken not to include
such property in the destruction of the factory.
-With respect to the blockading , rivers, it appears
from the papers referred to that the terms blockade
and blockading have been used by British naval officers,
when adverting to the laudable practice of stationing
cruisers off the slave-trading stations, with a view the
better to intercept vessels carrying on slave trade,
contrary to treaties between Great Britain and the
Powers to which such vessels belong,
But as the term blockade propotly used extends to
an interdiction of all trade, and indeed all communi-
cation with the place Recliaded, I beg leave to submit
for your Lordships' consideration, whether it will not
he proper to caution her .Ifajpsty's naval officers upon
this head, lest by the inadvertent and repeated use of
the term blocka.de the exercise of the duty ,nnfided to
British officers in suppressing slave might, by
thea any
aocnhei,al bibecooentfaod.—
tem deld,:whp.i.tv.he, t,b,ce7every different one of
(Sign,

Anntlruy.

HAMI3URGH MAIL.

BERLIN, OCT. 11.-It is reported that his Majesty
the Emperor of Russia will go to Berlin from War-.
saw on the 15th of this month, which is the King's
birth-day. No notice of this event has been received
by the Russian Legation, but it is thought to be very
probable, it being the custom of his Imperial Majesty
to take sudden resolutions.

ST, PETERSBURGII, OCT. 4.—On the 4th of August
(perhaps the 16th) there was a dreadful fire in the
town of Troitsk, in the Government of Orenburg.
This town is celebrated for its extensive commercial
intercourse with neighbouring Asiatic nations. The
fire was caused by the long continued drought and
the great heat, during which a dry west wind blew
without interruption. The barracks, the Custom-
house, the school, the prison, and 246 private houses,
were destroyed. The principal Greek church and
two Mahometan mosques were much injured. The
high wind, which filled the air with clouds of sand,
made it impossible to save any effects or domestic
animals, which fill a prey to the flames.
Two separate subscriptions are set on,foot for the
sufferers at Kasan ; one by the Philanthropic Society,
the other on 'Change. The Philanthropic Society
headed the first subscription with 8,000 silver rubles.
The subscription on 'Change amounted yesterday to
94,000 rubles.
The dreadful storm which raged on the 3d of Au-
gust, in almost the whole of the South East of
Europe, the destructive effects of which were felt at
The same time in teventt parts of Southern Russia, and
Constantinople, in Galicia and 'Warsaw especially, did
immense damage to the corn-fields, meadows, and ha-
bitations in the Governments of Cherson and Ekateri-
noslaf. The Journal of Odessa gives a melancholy
acccount of its ravages.

BELGIAN FUNDS.—BaussELs, Ocr. Li.
Actual Debt, 234 per Cent, 5234
Rothschild's Loan, Five per Cent 111.2
Loan of Thirty Millions, Four per Cent. 962X
.---
..—...—.Thirty.seven Milli. ns, ditto yl ii

• /
Loan of City, 1632, Four per Cent. 92'
Society of Commerce, Four and a Half per Cent B6
Bank of Belgium, Five per Cent 765
National Society
Exchange on London (short) ... ..... ........ -
-Brussels Papers, Oct. 14.
AUSTRIAN FUNDS.—VIENNA, OCT. 7,
Five per Cents. Metalliques , 1095
Four per Cents• es ...woo.« ...... •••••••• ..... •••••• 00000000
Three per Cents . ••••••••••••• 000000000000000 111•••••• 77
Bank Shares . ................. 19
Allgemeine Zahn:A Oct. 11.
HAMBURGH 13ORSEN HALLE, Ocr. 15.
Bills. Money.
Austrian 5 per Cents. - 110
Bank Shares lO3l
lAntsl2; ri °i
p- it
li
en ,ia Ist aeriesan.
10) 108%
n Lo
Russian 5 per Cent., Ist series, Certificate 103%
103
Russian 5 per Cent. Hope and Co., 3d and 4th
Series
Ditto in Certificates 97%
New 4 per Cent. (L 840) B9 87X
Dutch Actual Debt, IN per Cent
Ditto a per Cent.
Polish Bonds —
New Tickets. I6S
_ _

Anglo-Danish Loan, 3 per Cent.
Spanish, New l p ,r Cents. —

EXCHANGES ON LONDOY.
HAMSURGU, Ocr. 15.-13 10, Two months 13 8)9
SrocKnotbr, Om 7. —Seventy-five days, 12 6.
PITTERSBURG, OCT. 7.—Three months, 37% pence. •
Rica, Ocr 6. —Three Months, 37g.
PRUSSIAN FUNDS.—Bmtux, OCT. 13.
Bills. Money
St. Schuld Sch., 4 per cent. .....» 103%, I(3
Prussian English 80nd•,1630, t per cent lAt Ile
Exchange on London 6 g 4% 6 23%
Prussian State Gazelle, Oct. 14.