The Sun.
London, England, 1842-12-31 00:00:00

lished at the Reformation. High Church main-
tains that Popery is not so great a monster after
all, but, on the contrary has many redeeming
qualities;, Low Church -is most devoutly of opi-
nion that it is neither more nor less than Anti-
christ, and that no quarter is to be given to it.
At present, as we have before observed, Low
Church is. compelled to abate something of her
detestation of Popery,in deference to the wishes
of her influential rival, High Church; but no at-
tentive observer of the times but must see at a
glance that this compromise is a hollow and a
temporary one; that the party offering it is any-
thing but sincere, and will relapse into her old no-
tions the very first suitable opportunity. Between
High Church and Low Church there never can
be a more cordial union than exists between oil
and vinegar; the one will always distrust the
other, and watch her movements with as much
keenness and jealousy as a torn-cat watches those
of a mouse. And yet our Contemporary congratu-
lates his readers that the Church is at length
united, and that the voice of discord is effectu-
ally silenced! Never was there a greater per-
version of fitct

In reference to the late insurrectionary move-
ments in the manufacturing districts, our Con-
temporary remarks :—" By the combined in-
fluence of Anti-Corn-law fury, Chartist confede_
ration, and the weakness and feebleness of pur-
pose of a partisan Magistracy, popular distur-
bances in the midland counties were fanned into
insurrectionary movements, and were only
prevented from being . blown into the bad
dignity of rebellion by the energy and decision
of Government." There are here nearly as many.
blunders as words. In the first place, the riots
were not fomented by the Anti-Corn-law men;
they were prompted by hunger and destitution,
and by no other agency, direct or indirect ;
secondly, the Chartists played but a very
subordinate and tminfluential part through-
out the transactions; thirdly, the Magistrates
that interfered to quell the riots did not
fail, by reason of their being " partizans,"
but simply because they were timid and
inefficient; and, lastly, the insurrectionary
movements were put a stop to, not so much by
the energy of the Executive, as by the re-
turning good sense and moderation of the
rioters themselves. That Government did its
duty on the occasion, we have no wish to deny;
but the insurrection was more than half at an
end, before the military power hadeome into the
full exercise of its authority.

From the circulars issued by the Government

to overseers and churchwardens of all the
parishes throughout England and Wales, we may
rest assured that one of the .measures to be
brought forward next session will be a Bill for
.the payment of Church-rates. The members of
the present Government opposed the plan pro-
posed by Mr. SPRING RICE, and though in every
respect unobjectionable, putting self-interest
aside, we may rest equally assured that no relief
to Dissenters and Catholics will be obtained
from the rents of the Church lands. Minis-
ters will probably adopt the Bill of Lord
ALTHORP, and take out of the Consolidated
Fund, that is out of the pockets of the people, an
annual sum of 250,0001., for which Churchmen
and the other classes who maintain their own
Church will be taxed. Sir ROBERT INGLIS; too,
if we may judge from the organs of the party,
will bring forward his Church Extension scheme,
which, if carried, will probably cause an addi-
tional tax of one million a year. Sir ROBERT
PEEL gave a very equivocal opinion on this pro-
ject last session (and no man can excel him in
the mystery of concealing his sentiments by the
multiplicity of words); but as he has given great
offence to many of his High Church supporters,
he may be desirous to propitiate their anger by
building More churches, and giving employment
to some thousands of half-paid Tory curates.
This is a delightful prospect, and if Dissenters
and Catholics, and the
.enemieS of the Income-
tax do not bestir themselves, they will
find this grievous impost, which was to
last for only three years, transformed by
Act of Parliament into a perennial tax. The
interests of religion, the great blessings con-
ferred on the people by the Establi6hed Clergy,
and the dangers of dissent and infidelity, Will all
be drawn up in array ttrfavour the scheme.

MONEY and COMMERCIAL NEWS,
CITY, QUARTER TO THREE:.
The Cotton-market at 'Liverpool yesterday was
steady and the sales were 6.000 bales, a good busi-
ness having been done. Shares were dull :—Bir-
mingham and Gloucester Scrip at 13; Edinburgh
and Glasgow, 48 ; Grand Junction' 190 ; Birming-
ham, New, 334 ; Brighton, 361 ; South Western,
62 ; North Midland, Thirds, 201..
From the manufacturing districts we have better
accounts this week, and although trade in the metro-
polis is dull, preparations are making for a more ex-
tensive business. The extreme mildness of the weather,
gratifying to the necessitous poor, has proved very
injurious to severhl branches of the winter trade, as
many articles will be now dispensed with altogether,
even if a little privation be submitted to, on account
of the anticipated shortness of the cold season. In the
print line, we understand, the arrangements for spring
goods are very forward, and some large contracts have
been made with the manufacturers by town ware-
housemen for the home market. We fear that the
American trade will not improve much, owing to the
vacillating policy in regard to duties.
The Colonial Markets re-open next week, but only
a moderate number of sales are announced.
The Yorkshire Agricultual Bank is still paying
its drafts through the London and Westminster, and
will call up more capital, to wind up its affairs.
We learn that some of the French ports are exhi-
biting marked signs of activity and enterprise, and
that the means of communication between them and
distant ports are becoming daily more extended. Dun-
kirk is said to be a striking instance of this, having
established steam-boats not only to the north of Eu-
rope, but very recently to the Mediterranean also.
The consideration of these facts may not be without
utility when we compare the great trade we formerly
carried on with the Mediterranean and the Levant,
with the diminished commerce now enjoyed.
The English Stocks continue very firm, and a rise
may be noted of + to I per cent. upon yesterday's
quotations. The Savings Bank purchase has been at
an improvement to 95 for the Three per Cent. An-
nuities. Consols have realised 94+ to 941. Exche-
quer Bills are 61s. to 635. premium; and India Bonds,
525. to 545. premium, which is a further advance.
The Canada Guaranteed Debentures are 21 premium.
Reduced Three•and-a-Half per Cents. bring 101+ to
1014; and Bank Stock is steady at 1721.
The Foreign Market is duller, owing to the non-
arrival of the French and Madrid mails. Spanish
Three per Cents. are flat at 24+ to 241. Mexican
Bonds are supported at 32 ; and Colombian at 22+
to 224 ; the Portuguese New Stock is at 414 to
411, the Converted at 35, and the Three per Cents.
at 25, being higher for all. Dutch Bonds are worth
101+ to .101+ fur the Five per Cents.
Shares do not vary to any extent, but they are
firm, and with rather more doing. Great Western
Rail way bring 251 ; Ditto New, 144; Birmingham,
99; and Eastern Counties, New, 2+ prem. Brighton
are 131; Blackwell, 11+; South Eastern, 271 ; and
Bristol and Exeter, 211 discount.
PRICES OF SHARES THIS DAY AT ONE.
RAILWAYS. Paid. Per share.
Bristol and Exeter 7O ..... 481 j...... to
Eastern Counties
Ditto New 3l. 61. 5d....... 101
Great Western •
. to
Ditto New
London and Brighton ...... 60 . 36i to
London and Blackwall
London and Birmingham AO
South Eastern and Dover
Ditto Scrip -
JOINT STOCK RANKS.
London and Westminster .... 00
Union of Australia . 25 .....31. to
FOREIGN.FUNDS.

Spanish Bonds, Five per Cent. Y
Ditto Three per:Cent.

AI.3.NCHESTEK STOCK EXCHANGE, DEC. 30.—We
have nothing particular to remark as to the state of
our market to-day. There has been nothing quoted.

BOROUGII OF L AMBETII .—TIIE CORN-LAWS.----A
meeting of a few influential inhabitants of this borough
took place at the York Hotel, Waterloo-road, last
night, to receive a communication from the Secretary
of the Central Anti-Corn-law Committee at Cockspur-
street. The meeting resolved itself into a committee,
Edwards, Esq„ provisional chairman, for the pur-
pose of organising a general and active subscription
throughout the borough. The presence of gentlemen
at this meeting of different shades of political opinion,
and the zeal evinced by them, is a surety of an unani-
mous movement on the subject throughout this highly
important borough.
His Royal Highness the Hereditary Grand Duke
of Mecklenburg Strelitz arrived at Hamburgh on the
23d by the steamer from London, and proceeded im-
nleshately on his landing to New Strelitz.