The Sun.
London, England, 1845-02-04 00:00:00

THE SUN, LONDON, TUESDAY MORNING, FEBRUARY 4, 1845.

structions, plant, and all other details connected with
railroads, for which parties came forward to obtain the
sanction of the Legislature. It was acknowledged
as a grievous fact, within the experience of both
Houses, that, after devoting from week to week, and
month to month, the labour of many hours a day to
such investigations, and to the hearing of counsel for
consenting as well as for opposing parties, the exami-
nation of surveys, plans, and specifications, and the
conflicting allegations of innumerable petitions ; it
had been frequently disoovered, after the Select Com-
mittees had reported in favour of a particular Railway
Bill ; and Parliament, acting on such report, had
passed such Bill through, all its stages ;—petitions
and projects came before the House of Commons for
constructing, between the extreme termini of such
specific railroad, "a competing line," as it was called.
In some cases this competing line was found to be so
much better than that which had been already ap-
proved of and reported on, that it was found im-
possible to refuse the permission prayed for to bring
in a Bill for its accomplishment. In many more it
resulted that, though, in some particulars, the " com-
peting line" might offer preferable advantages, it
was not, as a whole, as much entitled to legislative
sanction as that which had been already affirmed.
Thus, after attaining to the stage of a first, or a
second reading, or even to the maturity of entering a
" Committee of the whole House," it was dropped, or,
upon vote, thrown out. In all such instances the
great evil was, that a vast amount of valuable time,
which was abstracted from the due consideration and
routine of the most important public and official busi-
ness, was fruitlessly sacrificed to the formal enter-
tainment of Railroad Bills, and inquiries that proved
either utterly abortive, or were mere repetitions of
those previously devoted to similar schemes, better or
worse, as the case might be, but at any rate which
had been earlier brought forward. It must be obvious
that such a mode of transacting this description of
business was calculated to encourage a spirit of
gambling speculation on the issue of any pending
Railway Bill, and to promote the most hopeless,
and, at the same time, the most expensive litigation
between parties to originally proposed, and
parties to competing lines. Nor can it be
denied that that mischievous accumulation of
public business, the arrears of which it is found, at
the close of every session, to sweep off with an un-
considering rapidity and wholesale dealing of which
it is impossible to exaggerate the mischief, the in-
convenience, or the indecorums, has been greatly
owing to the absorbing occupation of railway busi-
ness. So far, therefore, as related to the economy
of Parliamentary time, the discouragement of specu-
lative litigation, and the diminution of legal expenses
in the process of soliciting and carrying Railroad
Bills through the Legislature, the new Board may
be pronounced an useful and a successful experiment.
But it remains yet to be proved whether it will effect
any such dispatch of the public and official business
of the country in Parliament, or work any such
diminution of gambling in railway scrip, as can
compensate for that vicious principle of its constitu-
tion to which we have, in a former article, directed
attention—namely, the indirect, but virtual, inter-
position which its arbitrary findings carry—with the
disposition and employment of private capital.
That men should expend large sums of money in
the bootless agitation of particular schemes for its
investment, both without and within the walls of
Parliament, is bad. That capitalists should make
ducks and drakes of their money by throwing it into
concerns which in the nature of things never can re-
pay them (whether from the excessive expenses at-
tendant on the construction of the proposed work, or
the disproportionate paucity of the passengers and
traffic to be reasonably calculated upon)—this, also,
is bad. But both the one and the other are evils, the
inevitable tendency of which is to correct themselves,
and the utmost possible extent of which is measured,
perhaps, by the loss sustained by the individual
parties. But to legitimate, by Act of Parliament, or
Minute of the Committee of Lords of the Privy
Council for Trade, or any ether authority, the inter-
ference of a Select Board, delegated without either
the election or consent, the control or the nomina-
tion, of the persons whose interests it is, in effect,
to report upon, by recommending Parliament to
grant the Bill craved by A B, but to refuse that ap-
plied for by C D ;—this is really to hazard—at the
least—an evil of far more serious and extensive mis-
chief. It is to oppose the authority and influence of
a publicly-recorded official opinion to the free opinion
and unbiassed action of the capitalist; a policy not
only at direct variance with the first principles of free
trade, but directly opposed to that noble spirit which
has consolidated and extended the commerce of this
country to a degree never before witnessed by the
world. What would have become of those great
public—aye, national works, in Great Britain, which
present to the admiration of the foreigner the glorious
anomaly of such achievements consummated neither
by the public will, nor by the national funds, but by
individual enterprise and by private capital, if this
sort of pseudo-paternal and protective authority had
existed among us, when the New River, the Bridge-
water Canal, the Decks of London, Bristol, Liver-
pool, the noblest bridges of the metropolis, or the
two finest railroads in the world, the Great Western
and the London and Birmingham, were constructed ?
The consideration of competing lines—the nervous
apprehensions of such a self-assumed official respon-
sibility would have crushed these magnificent under-
takings in the germ. And, again, the Railway
Board of Privy Council, or by whatever other title
we are to recognise it, can only be tolerable so long
as its "Reports" carry with them the concurrence of
a large proportion of public opinion. Their powers
are powers which will only be tolerable in virtue of
extreme moderation in their exercise. Their "Reports"
to Parliament, however, in name but preliminary
incidents in the history and progress of any given
Railway Bill, will, in effect, in ninety-nine cases out
of a hundred, be decisive of the fate of such Bill. By
the etiquette and in the practice of Parliament it is
not very usual for Members to turn round and re-
pudiate the recommendations, suggestions, or reports
of official departments. Now, with all our respect
for Major-General PASLEY, and the Earl of Dar.-
nottsrE, and Mr. G. S. PORTER (with whose talents
and knowledge everybody must be, to some extent,
acquainted), not to mention their colleagues, Mr. D.
O'BRIEN and Mr. S. LAING (who may be less before
the world); we, for our parts, shall be always greatly
disinclined to accept their opinion on the merits of a
railroad scheme, when it happens to be opposed to
the more valuable, because practical and tested, opi-
nions of first-rate engineers of high professional cha-
racter, and as much respected for their disinterested-
ness and integrity as for their engineering science and
success. Yet, on a division, we venttre to predict
that three men out of five in the House Of Commons
will follow where the report of LOr I DALHOUSIE,
Gen. PASLISY, and their official cone agues lead them,
rather than the most decis:va a distinct report
which carries no higher voucher] than such names as
BUUNEL or STEPHENSON, LOCKE, GILES, CUBITT,
&c. Any guarantee which the Board is supposed to
offer for the adoption of the best of competing lines,
or the adoption of the good and rejection of the bad
of original schemes, is, therefore, illusory. As for
the moderation of the Board, we see not much matter
for hope, in gazetted notices, that exhibit, as it ap-
pears to us, a proportion of about two•thirds rejected
to one of approved application. Meantime the
gambling speculations in "railroad scrip" are carried
on more extensively than ever. It is only the stage
which is allied in respect of them. It is no longer
whether a Government Bill will reach a third reading
in the Commons, or—pass the House of Lords, and
receive the royal assent ;—but whether it will be
recommended by the Board of Trade, or thrown out.
We hope some Members will bring the question of
the continuance of this Board, upon its present con-
stitution, under the early notice of Parliament.

Madrid papers of the 26th ult. have been received.
On the 25th the Senate resumed the discussion of the
Bill for the conversion of certain claims of Govern-
ment contractors into Three per Cent. Stock, in the
course of which Senor CORASCO, formerly Finance
Minister, said it never was the intention of the Ca-
binet with which he was connected to restore Church
property, or suspend its sale. The proposed measure
relative to that point be considered prejudicial to the
interests of the country. Senor Mox, tho present
Finance Minister, said the Cabinet regarded that
measure as absolutely necessary, and were fully per-
suaded that a due maintenance ought to be provided
for the clergy. It could in no way injure public

credit. The Chamber of Deputies was engaged in
discussing the Bill for the maintenance of nunneries.
In allusion to the sale of national property, the Mi-
nister of the Interior said the Government had pro-
posed to itself a system embodying two principles—
respect for existing interests, and reparation as far as
it was just and practicable. This seemed to be the
general feeling of the Chamber.
On the 26th the Three per Cents. were done at 218
for cash, and 32i at 60 days ; the Five per Cents. at
24 at 60 days, and the Coupons at 27 at 60 days.

The French Opposition show a determination to
adhere to their new system of tactics—to avoid not
only talking, but also voting, and hold up the Cham-
ber of Deputies to the people as a useless incum-
brance, and, under present circumstances, not entitled
to the slightest authority. By adhering to this plan,
they believe that the business of the session will be
brought to a stand, and that the Government will be
compelled either to resign or dissolve the Chamber,
Either alternative would, in their estimation, be
equally favourable to what one of their journals calls
the "friends of peace and order, and the honour of
France," meaning, of course, the THIERe party,
because a dissolution of Parliament would be as good
as a resignation of Ministers, at a time when the out-
cry against the Pritchardites is fresh and vigorous.
Their plan is this—the Chamber consists of 459 Mem-
bers, and, according to the constitution, at least 260
Members, or one-half, must be present to render a
vote effective. The Ministry on the last
great division could not muster more than
213 supporters, and cannot reckon on more,
so that if the whole Opposition were to absent them-
selves no business whatever could be transacted.
This passive resistance is to be extended even to
words, for the mouths of Duel's, BARROT, BILLAULT,
and the other Opposition orators are to be shut, and
the attention and indignation too of the public are to
be roused by silence. This wild scheme which can-
not be possibly carried into effect is declared feasable,
and recommended for adoption by one of the promi-
nent Opposition journals. " It is confidently asserted,"
says the Courrier Francais, " that the adversaries of
the Cabinet intend abstaining from taking any part
in the approaching discussion on the Secret Service
Money Bill. We cannot say if this measure has been
concerted between the heads of the various opposing
fractions of the Chamber; it is spoken of, and we
shall express our opinion on it freely. 'This conduct
appears to us commanded by that which was fol-
lowed in the vote on the Address. Nothing is
changed in the state of things, and unless to be incon-
sistent with its former conduct, the Opposition can-
not change its attitude ; every vote, besides, sup-
poses a discussion. But at present all discussion,
which does not warn the Government and convert
the Chamber, is only an empty noise. In face
of the course determined on, there is nothing
dignified and sensible, but an inexorable resolution.
The country has no longer any necessity to be
edified about the morality of a Ministry which has a
history of four years ; everything is before the open
day, and more eloquent than language will be the
silence of the tribune and the suppression of the vote.
The country will comprehend the value of this act.
For our part, we unreservedly approve of the system
of abstaining. The Parliamentary Government can-
not be raised in public opinion but by an energetic,
consistent, and continued line of conduct. A com-
mencement has been made, and it must be persevered
in. Let there be in the Chamber two well separated
camps ; on one side the Ministry and Ultra-Conser-
vatives, on the other side the friends of peace and
order, and the honour of France. France will judge."
This last resource, however, is considered even by
the France as of a dangerous tendency, as well as
contrary to the constitution of the Chamber. That
journal thus alludes to the scheme :
"Alarming rumours for the Cabinet were yesterday
in circulation. It was stated that the Opposition was
determined to abstain from voting on the Secret Service
Money Bill, which is about to be immediately submitted
to the Chamber. To well understand what would be the
gravity of such a resolution, the state of parties in the
Chamber must be borne in mind. Out of 420 Members
of which it is most frequently composed, 213 only vote
with the Cabinet, whereas the Opposition consists of a
formidable minority of 205 votes. Admit as much as
you please defections from this minority, you will never
find them in sufficient number to make up, with the 213
Conservatives, a total of 230 votes. But this number is
indispensable, according to the regulations, for the votes of
the Chamber; and when it does not attain that amount,
the ballots and votes are declared de facto null and void.
In such a strange conjuncture as the present, which
certainly had not been foreseen, the Opposition could
neutralise and render of no avail the whole Governmental
action. In the impossibility of finding the 230 votes in-
dispensable for the validity of Parliamentary decisions,
the Cabinet would find itself constantly with its illusory
majority on its back, by the side of a still more illusory
ballot. This would be the rudest and most notable slap
in the face that was ever given to stubborn Governments,
less particular about moral influence than the material
part of a political success. Far be it from us to encou-
rage this demonstration. In our mind, the Parliamen-
tary mandate does not admit of abstinence from voting.
But the extreme measure with which the Ministry is
threatened evidently proves that there is no longer any
government possible with doubtful majorities. If a
Deputy is morally ordered to vote in all circumstances,
it is not less imperative on a Cabinet, already in dis-
favour, to retire, before the energetic disapprobation of
imposing minorities. Its persistence under all circum-
stances deeply falsifies the views and economy of the
representative system."
The Globe in noticing the rumour, says :
" The Opposition has already tried this system of tac-
tics on the voting of the Address, but it could only draw
off thirty votes, who, while thus showing their opposition
to the Ministry, still thought that the representative Go-
vernment ought not to be treated lightly, and that it was
not allowable to stop its movements under the pretence
that it did not act for their profit. We cannot believe
that serious men, who have been, and may again become,
Ministers, like M. Dufaure and his friends, will lend
themselves to the creation of a precedent which, if fol-
lowed, would render a representative Government im-
practicable. It would not be opposition that the adver-
saries of the Cabinent would make by taking such a line
of conduct—and they have a right to make opposition,
provided it be conscientious and loyal—it would be revo-
lution. It would not be the Ministry that they would
overthrow, but the Constitutional Government. It has
been pretended that it was the Hon. M. Dupin who con-
ceived the idea of this manoeuvre. It is impossible ! M.
Dupin has given too many pledges of his sincere attach-
ment to our institutions for him ever to attempt to sacrifice
them in a spirit of rancour. DI. Dupin has his fits of
ill-humour, which lead him to opposition, but which can
never lead him to revolution. One of the highest magis-
trates of the kingdom, a Procureur-General of the Court
of Cassation, can never set such an example of contempt
for the political law of the nation."

The accounts of the Opposition movements given
by the Siecle are, however, much more probable.
TIIIERS, for MOLE'S name now is hardly ever men-
tioned, is going to fight the battle in a constitutional
way to the last, and the first trial will be on the
appointment of M. SALVANDY to the department of
Public Instruction. That Member is one of the Vice-
Presidents, and as he could not fill that office at the
same time, a successor must be appointed. A trial
of strength, therefore, is to be made on the actual ap-
pointment of U. SALVANDY, and is expected will
" come off" in the course of the week, either on this
change or the Secret Service Money Bill.
According to the Const: tutionncl, the Minister of the In-
terior is reported to have made known to a great
many Members that the Chamber will be dissolved after
the present session, and that the general election will be
held in November.

We learn by a letter from Berne, of the 27th ult., that
a Central Committee of the Anti-Jesuit party has been
formed there, and that it has already opened a corres-
pondence with every part of Switzerland, for the purpose
of a strong demonstration against the canton of Lucerne.
On the other hand, the Government of Lucerne,
in anticipation of an attack, has issued an order for the
general arming of the canton. _

A letter from Alexandria of the 10th says :
"In sending his grandson to France Mehemet Ali
wrote a letter to the Duke de Nemours, recommending
him particularly to his kindness. The Prince replied to
the Paella in the most friendly terms. The letter was
immediately translated and read to the Viceroy, who
gave orders for his principal officers to be assembled, and
had the letter read aloud in their presence, interrupting
the reading frequently by expressions of gratitude.'
TUB BOURSE-...SATURDAY, FEB. 1.

First Highest Lowest List
Price. Price. Price. Price.
FrenchFiveperCents...... 122 15 .. 122 15 .. 122 5 .. 122 15
Fours ..•• •••••• •••• 108 20 .. 108 20 108 .• 108
Three per Cents..... 85 10 .. 85 .. 84 90 .. 85 20
New Loan •• •••••• 86 20 .. 86 20 .. 86 20 .. 86 20
Bank of France 3275 —3280 —3275 ..3287 50
Belgian Fives, 1340 •• • • 1044 .• 104!4 • • 1044 .. 104
1842 .. 103 •••••• 10634 10614 .. 106% •• 10614
14
Four-and-a-Half •• 103103 •• 103
Two-and-a-lialf—•• 62 10 .. 62 10 .. 62 10 . 62 10
Spanish;Threes•••• •• •••• 40% .. 40 .• 40% •. 40
•
Portuguese Five per Centa• • 60 •• 60 .. 60 • • 60
1(9).9, 50
•—• 1(9)g 50
19095 50
1r 50

RAILWAY SHARES.
St. Germain ..

"1035 "1035

Versailles, R. 8..• •• •• •• .... 512 50 .. .512 50 .. 507 50 .. 507 50

L. 8.••
Rouen 1075 ..1077 50 ..1075 ..1077 50
Rouen to Havre.. 867 50 .4870 .. 876 50 .. 870
Orleans ..•...

Strasburg to Bale.• . • •• 306 25:.. 306 2.5 .. 305 •• 306 25
Avignon to:Marseilles...—. 925 .• 925 .. 925 •• 925
RAILWAYS FOR TILE ACCOUNT. FEB. 3.
Versailles,R.B.•••••••••••••512 50 512 50 .. 510 .• 510
L. 8............. 392 50 .. 392 50 .. 391 25 .• 391 25
Rouen•••• ...••.•••1075 • 107 50 ..1072 50 ..1077 50
BG7 30 .. 875 .• 867 50 .. 872 50
Orleans •.... ... •.. . • 1133 75 ..1133 75 ..1133 75 ..1133 75
Strasburg to 8a1e.... .. .. 305 . • 305 .. 305 •. 305
WAMM0N410..... 925 25 o. 926 25 o. 926 25 *I 226 2

DUTCH MAIL.

TEE HAGUE, JAN. 30.—The Hande/sb/ad communi-
cates the following remarkable comparative view of the
different kinds of sugar exposed for sale by the Com-
mercial Society of the Netherlands, from the year 1836
to 1844, inclusive
Piculs. Brown. Yellow. Grey. White.
1836 313,058 35 20 23 17
1837 398,026 40 28 27 10
1838 477,851 40 20 28 12
1839 565,366 41 28 20 11
1840 794,280 41 11 30 173
1841 735,392 33 19 27 21
1840
1843 773,012 17i 21 15 46}
1844 732,440 l6 5-16 18 2-10 11 4-10 58 9-10

The Handelsblad adds :—" The favourable result,
which has been obtained since 1836, is due to the en-
lightened zeal of M. Baud, the Minister of the Colo-
nies, who takes the greatest care to ascertain if the pro-
duct corresponds , with the model specimens. Thus,
by degrees, from a given quality, more than two-thirds
per cent. of white sugar have been obtained, and less
than two-thirds of brown, whereas in 1837 the quantity
of brown produced from the same quantity Ras more
than double that of white ; and what renders this result
the more happy is, that while the quality is constantly
improving there is likewise an increase in the quantity,
as is evident from the preceding table.
THE HAGUE, JAN. 31.—The Stoats Courant pub-
lishes a resolution of his Majesty, dated Tilburg, 28th of
January, for the increase of the capital to the repayment
of the sixth series of the inscription, at 5 per cent., of
the national debt.

The Stuats Courant publishes also the convention con-
cluded between the Netherlands and France on the 17th
of November, 1844, relative to the reciprocal extradition
of malefactors guilty of certain offences therein specified.
This convention was ratified at the Hague.
LEYDEN, JAN. 28.—We hear that his Majesty and
their Royal Highnesses the Princes will honour with
their presence the celebration of the anniversary of our
University, on the Bth of February next, when the stu-
dents will have a grand masquerade in the evening. Pre-
parations are everywhere making to give lustre to this
interesting fete. The subject chosen—" The entry of
Count Floris 11., with the newly created Knights of St.
James, for the Tournament at the Hague, in 1379"—is
national and important. The costumes will be elegant
and splendid. A great deal of company from all the
neighbouring places is expected.
ROTTERDAM, JAN. 29.—There is a person in this city
who boasts that he is in possession of secrets, discovered
by himself, which are of great importance to society in
general, and especially to our country. Among them,
he says, that by long-continued research and experiment
in ice clearing, a river, however large or broad, and how-
ever obstructed by ice, may be cleared in a short time
and at a small expense.
THE HAGUE, JAN. 30.—His Majesty the King has re-
turned from Tilburg to-day. The Minister of Finance
gives notice that the opportunity to exchange Fire per
Cents. for Four per Cents. (the latter to be taken at 98:1)
has been made use of to the amount of 9,449,000 florins.

FLANDERS MA [L.
CHAMBER OF REPRESENTATIVES.

BRUSSELS, JAN. 31.—M. D. Foere concluded to-day
the speech which he begun yesterday, acknowledging
that if the proceedings of the Ministry had not been
always worthy of praise, it bad given proof of excellent
intentions ; he promised to vote in its favour.
M. Castian, following M. de Foere, showed at the
very commencement some discouragement. He does not
believe that the moment for the triumph of the Opposi-
tion is yet come. The joint responsibility which M.
Nothomb has induced his colleagues to admit is a pledge
of his success. He sees in the speech of M. de Decker a
torch of discord to which he will not reply, because he
does not desire to raise irritating questions. The ser-
vices rendered on this occasion by M. de Decker to M.
Nothomb are in return for the services rendered by M.
Nothomb to Catholic opinion.
M. Castian then endeavoured to justify his party from
every accusation of intrigue and manoeuvring. He de-
clared that he renounced neither his colours nor his plan
of attack against the majority.
M. de Haerne, in reply to M. Castian, expressed to
the left his entire distrust of the moral and economical
principles. lid would vote against M. Ory's motion.
Devaux endeavoured to answer the question which
had been put to him from several quarters, viz., on what
basis he thought that a mixed Cabinet might be consti-
tuted? and he now admitted this time what he had before
always denied, that a mixed Ministry was preferable to
one that was homogeneous—only he thought that this
Ministry should be composed of the leading men of the
two great parties, to command the_confidence of the
country.
The Minister of the Interior took notice of this con-
fession, and proceeded to show the impracticability of
containing in one Cabinet the representatives of the two
extreme opinions.
The Chamber was evidently weary. The discussion
was closed. The names of the Members being called
over, it appeared that 89 were present, and the question
being put on M. Ory's motion for an address to the
King, there appeared 65 against it, and 22 for it. Two
Members, Messrs. De Chunay and De Smet declined
voting.
We learn from Tirlemont that the workmen are pro-
ceeding with great diligence in clearing the tunnel of
Cumpitch. Two hundred are constantly employed. The
body of the man buried under the earth has not yet been
found.

It is in contemplation to create in the University of
Brussels a phrenological museum and professorship.

AUSTRIAN FUNDS.—YicNNA, JAN. 24.
5 per Cent. Metalliques • • • • • • • • . II
4 per Cent. ditt0........ ..... .
3 per Cent. ditto •
Loan, 1834 . .
Ditto, 1839 • ........ ...... _
Bank Shares •..•..•.............. 1624
Esterhazy's Loan • . .....
RAILWAYS.
The Northern, or Ferdinand
Gloggnitz •
Milan
—Allgemeine Zeitung, Jan. 26.
BELGIAN FUNDS.—BarsszLs, JAW. 31.
Actual Debt, 2 per Cent
Rothschild's Loan, Five per Cent .......
Loan of Thirty Millions, Four per Cent.... 98
Ditto. Three per Cent.....
Ditto Thirty-seven Millions, ditto
Ditto, ditto, 1840. • .
Ditto, ditto, 1844 .. •
Ditto of the City, 1843 103
Ditto, 1832 . • • ........
Bank of Belgium •
—Brussels Papers. Feb. 1.

MONEY AND Co NIMERCIAL NE WS
CITY, MONDAY EVENING.
Consols have remained at 100 k for Money, and 100 k
to for Account. Exchequer Bills have been 655. to
625. premium. Bank Stock has been 2141 to 215 i.
The Foreign Bonds were unsteady. Spanish Five
per Cents. closed at 28k and the Three per Cents. at
41i 4. Portuguese Converted were 59i to 58i. Peru-
vian advanced to 32k. Dutch Two-and-a-llalf per Cents.
were 635.

The additional transactions in Railway Shares have
been these ; Birmingham and Gloucester were 31 ;
Ditto, Half, 44 ; Caledonian, 2 to 3 ; Cambridge and
Lincoln, 3i to f ; Dublin and Alullingar, 11 ; Eastern
Union Extension, 11 ; Great Southern and Western
(Ireland), 71 ; Ditto, Extension, 5 ; Great North of
England, New, 10 to 11 ; Great Western, 101 ; Hull
and Selby, 241 ; Lancaster and Carlisle, 11 to 12 ;
Birmingham, 137; Brighton, ; South-Western, New,
101 • Croydon, 5+ ; Lynn and Ely, 3i • Manchester
and ißeds, Half, 32 to 31 ; Ditto and 'Birmingham,
Quarter, 6 ; Newcastle and Darlington, 46 ; Ditto and
Berwick, 141 ; North British, 5R ; Northern and Eas-
tern Scrip., 16 ; Norwich and Brandon, 6i ; Ditto,
New, 3to ; Rugby,
le ; Shrewsbury and Brming-
ham, 4to 3i- ; South Was, 41 ; Trent Valley, 9i ;
Waterford and Kilkenny, 1.1 ; York and North Mid-
land, 59 ; Ditto, Selby Extension, 12 to 121 ; Boulogne
and Amiens, 3k ; Great Northern of France, 1 ; Paris
and Strasburg, 1 ;*and Tours and Nantes, 1 to 1 premium.
Chichester and Brighton have been I, Direct Northern
I, Dublin and Galway 4, and Blackwall 8H to discount.
Provincial Bank of Ireland Shares were 203. premium.

(Front The Sun of Last Night.)
A fair business was done in Cotton at Liverpool on
Saturday. Sales 4,500 bales, of which speculators took
1,000 bales.—Shares were animated, and a good busi-
ness was done :—Birminghara and Gloucester, 127
131 ; Bristol and Gloucester, 51 52 ; Caledonian, 7* ;
Dublin and Cashel, 114 13 ; Churnet Valley, 101 11;
Eastern Counties, 194 ; Glasgow, Dumfries, and
Carlisle, 11. 4s. to 11.65.; Great Western, Half, 104 ;
Liverpool and Manchester, New, 39 ; London and
Birmingham, 321. Shares, 431 ; Ditto, Quarter Shares,
29t; London and Brighton, 53 ; London and South-
Western, New, 124 ; London and York, 54 ; Cambridge
and Lincoln, 44 1; Manchester and Birmingham, Quar-
ter Shares, 64; Manchester and Leeds, 137 1361; Ditto,
Half Shares, 60 • Midland Counties, 130 ; Ditto, 401,
Shares, 91 ; North Wales, 11 ; Preston and Wyre,
214 ; Sheffield and Manchester, 104 ; Shrewsbury and
Grand Junction, 71 ; South-Eastern, 481; Ditto, New,
21k 4 ; Trent Valley, 10i ; Lyons and Avignon, 2/. 16s.
The annual report of the East India and China Trade
Association has just been circulated. It is an interest-
ing document in many respects. The following is an
extract from it relative to the navigation laws:—
" A subject of some importance was brought to the
notice of the Committee by a communication from the
Bombay Chamber of Commerce, as to the number of
British seamen required for the navigation of British
vessels from India..

" The Committee communicated the same to the Ge-
neral Shipowners' Society. They also submitted the point
to the Hon. Commissioners of the Customs, and baying
received that Hon. Board's reply, they transmitted acopy
to the Bombay Chamber, and forwarded the original
Customs' letter to the Hon. Coart of Directors of the
East India Company, who have made a communication
to the Bombay Government."
Upon the subject of the introduction of Mysore coffee
the Committee thus remarks in their report

" The Committee have to inform you, that, after a
lengthened correspondence between the East Lila
Company and her Majesty's Government, the Lords of
the Committee of Privy Council for Trade de-
clared it to be their opinion that Mysore cannot
be reasonably regarded as a foreign country, and they
therefore recommended the Lords of the Treasury to
proceed upon that opinion in any instructions they
may be called upon to give in relation to the adminis-
tration of the revenue laws. After waiting some time
without finding any orders issued on the subject, your
Committee drew their Lordships' attention to it, and
they were favoured with a letter, dated tho 13th of
June, in which their Lordships state, that Mysore
sugar, and other articles, are admissible as the pro-
duce of Madras, which intelligence the Committee
communicated to the several Chambers of Commerce in
India."

The commercial advices received from the United
States and Canada do not contain any information re-
vidog especial uotice. It is stated tu tome quaztors

connected with Canadian affairs, that Sir Charles, or
now Baron Metcalfe, will, in all probability, remain in
the colony longer than was anticipated when the last
accounts were received from thence.
. .

--
The principal transactions in the English Stock Market
to-day have been in Bank Stock, which has touched
2151, but the value is now 1 per cent. lower. Consols
for the Account have been done at 100/ and and for
Money at par. The New Three-and-a-Quarter per
Cents. have varied ouly from 104 k to 1041. The pre-
mium on Exchequer-bills has fallen from 655. to 625.,
since which a few purchases have been made at 645.
premium. India Stock opened at 286, but it is now
at 285.
In most of the Foreign Bonds there has been an ad-
vance to-day, and a considerable amount of business has
been transacted. The Austrian Five per Cents. havo
reached 115. Spanish Five per Cents. have receded to
281; the Three per Cents. to 414. Mexican Bonds have
improved to 36k 1; the Converted Portuguese to 594;
the Brazilian to 904; the Chilian to 1014; the Belgian
Scrip, 1 prem.; and the Dutch Five per Cents. to 99.
A considerable amount of business has been transactei
in the Railway Shares to-day. The furor for speculation
appears to be on the increase. The rapid fluctuations
are noted in our official list of prices.

_ ,
DINE CLOSING
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock
3 per Cent. Reduced
3 per Cent. Consols
Sew 34 per Cents ' 104f4 1,4 1( 104 U
Long Annuities toexpireJan.lB6o 121,4 3-16 12 3-16
India Stock
, . _ . 285
.. _.„.

Consols for Account lOOl% 114 1001.4,
Exchequer Bills, 1,0001., 1V2ci.... 63 65 62 64 pm. 64
Ditto 5001.
Ditto Small

ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES.
Austrian, 5 per Cent. ....... ........ 115
Brazilian Bonds -
Ditto, Account 90,4
, Ditto New, 1829

Chilian Bonds 6 per Cent 1C11,4
~.
Columbian Bonds, 6 per Cent.— 141%
Mexican, 5 per Cent. 1837 35%; 361
Ditto Account
Ditto, Deferred 16.4 IA 16 s
Ditto, Debentures .. 9
Peruvian Bonds, 6 per Cents 29 % 31 321/2
Ditto, Account — 3214
Portuguese Bonds, 5 per Cent
Ditto, Converted ... 58% 9% - 584
Ditto, Account ..... ...
Ditto, Annuities, 1855... ......
Spanish 5 per Cent. 1840.
Ditto, Account 29 28% 28Ni
Ditto, Passive
Ditto 3 per Cent. ... .. ..... 413. 1/
Ditto, Account 4178%78%1/2 41%
Belgian Bonds, 41/2 per Cent 101,2 102
Dutch, 21/2 per Cent
Ditto, 4 per Cent., Certific 98% 4
Ditto, 5 per Cent. Bonds 99
PRICES OF CLOSING
PAID. AT ONE O'CLOCK.
RAILWAY SHARES PRICES
__ . •

Birmin and Gloucester. 100 ...127 12914 127 130 131
Ditto New Shares 17% 31%
Ditto % Shares
Bristol and Exeter
Ditto New
Bristol and Gloucester... 30 ...... 54 57 553
Caledonian
Cambridge and Lincoln 11/ 4%%11/ 5
Chester and Holyhead... 5
Chichester and Brighton 5
Churnet Valley ... 2 ...11 1043/4 93/4 1014%1/2
Cornwall
Direct Northern
1 hiblin and Belfast June 21,4 6l U
Diss, Beccles, Yarmouth 1172
Dublin and Galway..... 21,4 —
Dublin and Mullingar... 21/2
Eastern Counties 25 ...... 194 19
Ditto Perpetual, 5 per
Cent, No. 1.......... 3% — ...
_ Ditto ditto, No. 2. l3s. 4d... 0%

Eastern Union lO .
Ditto Extension
7, 3
Ely and Bedford
Great South. and West.
(Ireland)
Ditto Extension
Great North of England..100
Ditto New 2 —
Great Western 75 179
Ditto 14 Shares 5O ...102 103 1011,4 103
Ditto, Fifths
Harwich
Hull and Selby
Lancaster and Carlisle... 15

London and Birminghm (Stock)... 236 238
Ditto, Quarter Shares 2
London and Blackwall... 16% 7l
London and Brighton... 50
Ditto Loan Notes
London 3nd S. Western. 41% 79 80
Ditto New 2%, 123 13 123 ... 131 A
London and Croydon, 131. 15s. 9d 1814% ...... ... 187 i
London and:York 2l/ 6 51,43% —
Manchester and Leeds... 70 142 40 41 38 40 7.7

Ditto % Shares .. 30
Midland 100
Ditto New 2 ..... 914% 9 9
Newcastle and Darling-
ton Junction 24 ...... 69
Newoastte and Berwick 11/ l6 17
7 North British
Northern and Eastern... 45Y2 63 62

Ditto )11. Shares 12% l7
Norwich and Brand0n... 8
Oxford and Worcester... 21/ 2l 32%
Richmond and West End

Junction
Rugby
Shrews., Wolverhamp.,
Dudley, and Birm 2% 516 611 5%... 614
South Eastern & Dover 331% 494 481/2 49 50
Ditto, New Shares ... 4
Ditto No. 2.
Staines and Richmond... 1
South Wales
Trent Valley
Yarmouth and Norwich. 20
York and North Midland 50

Ditto Scarboro' Branch. 20

Ditto, Selby Scrip
Ditto Extension
Boulogne and A mien5... 2
Great North. of France.. 4
Lyons and Avignon
Orleans and Vierzon ... 2 ...... 1038
MANCHESTER STOCK EXCHANGE, FEE. 1. —We
have had a very a,.3tive 'market to• day, owing to the
report from the Board of Trade, the lines recommended
having advanced considerably. Birmingham sad Glou-
cester, 1274 7; Ditto, Quarter Shares, 314; Ditto, New
Shares, 9; Bristol and Gloucester, 501; Lancast, r and
Preston, 53; Manchester and Leeds, Half Shares, 58} ;
Midland, 401. Shares, 94 ; Sheffield and Manchester,
Quarter Shares, 12/ ; South-Eastern, Scrip, 84 84
premium ; Great Northern of France (English), 5i ;
Barnsley Junction, 74 ; Ditto, Half Shares, 34 ; Bolton,
Wigan, and Liverpool, 44 4 ; Churnet Valley, 04 4 ;
Ely and Bedford, 11 4 ; Huddersfield and Manchester
Railway and Canal, 51 4 ; Leeds and West Riding Junc-
tion, 7 i ; Liverpool, Ormskirk, and Preston, 24 ; Lon-
don and Worcester, Oxford and Rugby, 34 i' • Manches-
ter and Buxton, 24 4; Sheffield and Lincolnshire Junc-
tion, 34 3-19; Trent Valley, 11.

DESTRUCTIVE FIRE AL GRAVESEND.—On Satur-
day morning, at an early hour, Gravesend was the scene
of another destructive fire, which, at one period of its
ravages, threatened to become as serious in magnitude
as the conflagration in June last. It commenced in the
same street, on the premises known as the Kentish Inde-
pendent newspaper and printing-office, situate on the
north side of the street, adjoining the Pope's Head
public-house, within a few doors of High-street.
During the early part of the morning the compositors
and pressmen were on the premises, striking off the
paper, the Keniish independent, it being publishing day,
and on their leaving at three o'clock the lights were safe
and extinguished, and the place was locked up. How-
ever, at about ten minutes before four o'clock the police-
man, in passing along the street, noticed an unusual
glare in one of the composing rooms. Among the first to
come to his assistance was Mr. Beard, a butcher, living
directly opposite, who breaking open the front door
with a weight, went into the premises with the police-
man, and, upon their proceeding up stairs, found
the flames confined to one room. Buckets of water
being at hand, they exerted themselves to suppress
it, but without any effect, and before many minutes had
transpired it burst from the windows, creating terror
and alarm to the whole people of Gravesend. In the in-
terim information had been sent up to the officers on duty
at the station under the Town-hall, who, it is but justice
to state, were very expert in turning out the corporation
engines. The alarm bell being rung, plenty of aid was
soon obtained, and the engines when got into play were
worked with considerable energy. The fire being ob-
served by a sentinel posted at Tilbury Fort, on the op •
polite side of the river, notice was given to the com-
manding officer of the garrison, who immediately dis-
patched a strong detachment of troops to the spot to do
what service they could for the inhabitants. By that
time the appearance of the destructive element was most
alarming ; it was blazing forth from the roof and every
inlet that the building contained—firing on one side
the Pope's Head public house belonging to Mr. Gould,
and on the other Lambert's eating-house, both of which
were fully expected to be burned down. Very fortu-
nately the firemen obtained a good supply of water,
which was copiously thrown into the blazi ,g property in
all ulirections, but for nearly an hour it appeared to have
little or no effect ; ultimately, however, by increased ex-
ertions, its progress was stopped, but not until the
Kentish Independent office was gutted, and the two ad-
jacent premises, as above mentioned, greatly damaged.
LORD BROUGHAM.—The Noble and Learned Lord
arrived at his mansion in Grafton-street on Sundayday
ternoon, from Paris, where his Lordship has been sta.)
ing since he left his chateau at Cannes
MACKINTOSH OF MACILINTOSII—The birth of
daughter and heiress to the present respected represen-
tative of this ancient family has diffused great satisfac-
tion and rejoicing in the north.—At Inverness, imme-
diately on the arrival of the news, it was resolved to
commemorate the event that day, by a public dinner in
the Caledonian Hotel. Parties came forward with the
utmost alacrity, and, notwithstanding the shortness of
time for preparation, an excellent dinner was provided.
The chair was taken by C. Mackintosh, Esq., of Abe-
rarder, and Colonel Mackintosh, of Farr, acted as croupier.
The infant heiress is the first lineal descendant in the
line of the chiefs of Mackintosh since the year 1704,
when Lachlan, the twentieth chief; succeeded to hiss
father. For more than a century cousins have been
succeeding cousins, nephews their uncles, &c.—Cule-
donian Mercury.

Lord Jocelyn and Mr. Cardwell received invita-
tions for Sir Robert Peel's official dinner yesterday.
This is an intimation that the Noble Lord and Mr.
Cardwell are about to enter the public service. Lord
Jocelyn will be the new Lord of the Admiralty. Mr.
Cardwell's office is not yet known publicly, but it
will probably not be an office involving Interruptio,_
and delay of a new Writ and now election.-Evening
parr.