The Sun.
London, England, 1842-01-08 00:00:00

ROYAL VICTORIA THEATRE.

UNDER THE DIRECTION OF MR. OSBALDISTON.
Clrincr Juvenile Week! The Pantomime played as Second
! -Novelties unequalled I. Attraction _undoubted! In-
,- West unprecedented! and Success enormous !
EVENING, JAN. ,
-Will be aeted,THlS SUSAN HOPLEY ; or, BTHE TRIALS
AND VICISSITUDES OF A SERVANT GlRL—Wil-
liam Dean, Mr. E F. Saville ; Dicky Dean, Mr. Paul; Susan
Hopley, Miss Vincent (the acknowledged Heroine of Domestic
Tragedy).
After which; a New Grand Romantic Aerial Comic Pan-
toraitne! entitled HARLEQUIN PETER WILKINS ; OR,
THE KING OF THE AIR' AND THE FLYING IN-
P 1 new and extensive Scenery, Dresses, Decora-
an3l nt, Tricks, Transformations, and Effects—A new Nautical
:eorama, to be entitled " Our Native Sea-girt Isle !" con-
fining of Maritime Views along the Coast of England. Also,
Voie;iv Grand Dissolving Diorama. by Childe, the Great Ulu-
etni3t ; and the Opening of the Pantomime supported by the
Inie Talent of this--the Popular Theatre of London.
To conclude with THE HAUNTED INN.
• Box
5s 2s.—Pit, IL—Gallery, 6d.—Half-price to the Boxes
Half- pint Eight.
RAILWAY SUN

lg
• NOW RE-PUBLISHING,
PRICE SIXPENCE.

CHINA SUN,

R AND TIIE
J-lAMENTARY .SUN
ARE STILL ON SALE,
PRICE SIXPENCE EACH.
Jan. 8, 184 2.

pyA, WEATHER.—NOON, JANUARY 7.
T GALLERY OF SCIENCE, ADELAIDE-STREET.
13:"nlonir... 39 Hihest 35 Lowest . 24
• 41.°111eteer ter 30.0.—Wingd N.—Freezing Point 22 Deg.

ibthing .. AT LONDON BRIDGE THIS DAY.
after 11. I Evening 0 minute: after O.

fully sensible of the mistake he made in coming
to a rupture with the English.
The Burmese Monarch THARAWADDIE is
amusing himself with pageants at Rangoon, so
that nothing more is to be dreaded from that
quarter.

In Central Asia we regret to state that our
affairs wear an ominous appearance. Per-
haps the only great act of Lord AUCKLAND'S
policy, of which from the first we disapproved,
was the restoration of SHAH SOOJAH, and already
has it proved to us a most unfortunate business.
The SHAH was a coward, a tyrant, and a fool,
and lost his throne because he deserved to lose
it. To afford him a
.safe asylum is British
India was highly creditable to the British
name; but to restore him to a throne occupied
by a sagacious popular Prince, at the immense
and almost impassable distance that Cabool is
from the seat of the British Government in
India, always appeared to us exceedingly ill-
advised. Already, besides the loss of twenty-five
officers killed, and an equal number carried
off by the climate of Cabool, the SHAH
SOOJAH affair has cost the Treasury of India
from.twenty to twenty-five millions sterling—a
sad set-off against the recent success of our arms
in China.

It is impossible to read the concluding para-

graphs of Mr. STEVENSON'S last communication
to the Earl of ABERDEEN, on the right of

search, without being convinced that there is
great danger of a war between this country and
the United States. " If," says Mr. STEVENSON,

" a power such as that which is now asserted by
her MAJESTY'S Government shall be enforced,

not only without consent, but in the face of a
direct refusal to concede it, it can he regarded
in no other light by the Government of the
United States than a violation of national rights
and sovereignty." We know that the PRESI-
DENT has adopted that view in his Message, and
we also know that her MAJESTY'S masters, or
Ministers, feeling alarmed at the probable con-
sequences of their own doctrines, have appointed
Lord ASHBURTON, whose great diplomatic
talents have been developed in Bisliopsgate-
street Without, an Ambassador Extraordinary to
settle, if he can, this important dispute. It con-
cerns the whole people very nearly; for, ar-
dently as they desire the suppression of the
Slave-trade, they will think it much too dearly
purchased by a war with the United States; the
end of which, should it be begun, cannot be
foreseen, if that could for ever annihilate the
piratical traffic.
It is much to be regretted, we think, when it
became an object of our Government to suppress
the Slave-trade, that greater exertions were not
made to induce the United States to assist us in
•
attaining this end. It is teue that the United
States' Government was asked to become a party
to the treaties by which other nations " had
conceded a mutual riyht of search," but declined,
for reasons growing out of the peculiar character
of their institutions and Government, After
they had declined, no efforts were made to de_
vise any other means by which the same object
of suppressing the Slave-trade, carried on under
the American flag, could be attained.
How poor and unfertile are the resources of
that diplomacy which costs the natioa such

huge sums of money ! Diplomatists, in truth, are
guided wholly by precedent, and consequently,
when new circumstances demand a new line of
conduct, they either act erroneously, or they
cannot act at all. What Lord ASHBURTON, the
diplomatist, may accomplish, we cannot predict;
but if Mr.BARING, the merchant, in his bargain-
ing days, had wished to buy from the United
States the privilege of visiting American ships,
for some special purpose, of which the American
Government and people approved, he would no
doubt have found the means of buyingit as easily
as buying a large tract of land in the Union.
The love of gain is not daunted by one refusal,
and he would have presented the subject to the
American Government in a great variety of
aspects, till he and it had agreed to the terms of
the bargain. But diplomacy shrunk back at one
refusal, and Power immediately begun to seize
and to use the very right which the American
Government had refused to concede.

The only effort made was an agreement
between the Commander of an American vessel
on the Coast of Africa, and the' Captains of
English vessels, by which the former was sup-
posed to consent to American vessels being
visited; but that agreement was disavowed by
his Government, and the first thing we learn from
Lord PALMERSTON'S answer to Mr. STEVENSON
is, that, in spite of the refusal of the American
Gove.rnment to concede the right of search, our
cruisers had boarded American ships, detained
them, andgiven the Captains and crews cause of
complaint. After we have recognised the right
of the American Government to protect Ame-
rican vessels, by asking it to concede a mutual
right of search which it had refused, to act on
our own views, and set aside' a right we
had acknowledged, must seem to the Ame-
rican Government very like a settled deter-
mination to treat it with contempt. Before we
began to exercise our power, scores of plans
should have been devised and offered to the
United States' Government, by some one of
which it would have been brought, as well as its
intelligent people, heartily to co-operate with us
in suppressing the nefarious traffic in men.
Some of our Journals, we regret to see, are, in
this respect, as bad or worse than our Ministers,
and, without any regard to the customary laws of
nations, or the repeated admissions of our own
negotiators, that during peace England has no
right to visit the ships of other nations unless
the right be conceded, they recommend that
England should establish an effective po-
lice of the sea, and, in conjunction with
the liberty,-hating powers of Russia, France,
Prussia, and Austria, insist on visiting every
ship which an officer of a man-of-war may re-
gard with suspicion. Instead of trying what
good words and good management can effect,
our Tories, in a very furor of humanity, are at
once for making a new maritime code by their
own will, and by the aid of the despots of
Europe, for imposing new fetters on all trade,
under the pretext that they are extremely
anxious to protect the rights of the African.
We trust our benevolent pe6ple will not be mis-
led by their own just and humane desire to
redress the wrongs of the Africans, to disre-
gard the. rights of the Aniericans, and will not

be instrumental in exciting a war which would
be more afflicting to humanity, and a greater
hindrance to civilization, than the existence of
the Slave-trade, in all its horrors, for another
century.

We must remind our readers that by the Par-
liamentary Return, No. 438, ordered by the
House of Commons to be printed on June 22,
1841, it was established that the income was de-
ficient in the years 1837, 655,7601.; 1838, 345,228/.1
1839, 1,512,792/.; and 1840, 1,593,970/. ; or a
total sum of 4,107,750/. The deficiency on the
year which has just elapsed was estimated by
Mr. BARING, on April 30, at 2,421,000/., and by
Mr. GOULBURN, on Sept. 27, at 2,4672432/.
making, up to this time, an actual deficiency, ac-
cording to Mr. BARING, of 6,528,750/.; and ac-
cording to Mr. GOULBURN, of 6,575,182/.
In the Gazette last night, the excess of ex-
penditure above the revenue, is stated by the
Commissioners for the Reduction of the National
Debt, at 2,354,096!., for the year ending with the
10th of October, 1841. We may put the whole
deficiency down, therefore, at 6,500,0001. To
cover that deficiency no effort has been made,
but by Mr. GOULBURN'S abortive loan. There is
not the least reason to suppose that the expendi-
tu •re of the Government has been diminished in
any sensible degree since the accession of the
Tories
to office ; and hence the present amount
of the, „Lional revenue, and whether it be in-
creasi.ag or ;liminishing, are questions which in-
volve new tetes or national bankruptcy, Let us
look, t'her.efore, .7t the revenue returns for the
w
same p eriod of which we have quoted the defi-
ciencie s.

------ -
The paper above mentioned states the receip

of the revenue, after deducting drawbacks and
repayments, but not deducting the charge of
collection, at, in 1837, 50,663,353/. ; 1838,
51,375,520/. ; 1839, 51,927,495/. ; 1840, 51,850,0831.
A continuation of this account is not made up for
1841, and we have only in the accounts pub-

dished on Wednesday the net produce of the
revenue for that year, excluding the dead-
weight annuity, &c.; but we beg the reader to
remark that the produce of the revenue of
1840 was less than the produce of 1839, though
the increased rate of taxation operated over
eight months of the year 1840. The returns
published on Wednesday enable us to compare
the net produce of the revenue in 1841 with
that in 1840 and 'we again invite attention to
the fact, that in 1841 the increased rate of taxa-
tion operated through the wholeeyear, while in
1840 it operated through only eight months of
the year,. As we showed yesterday, that circum-
stance ought to have made the revenue of 1841,col-
lectedfrom the Customs and Excise alone, exceed
the revenue of 1840 by 538,0001. To this must be
added the increase of 10 per cent. on the Assessed
Taxes which, taking them at 4,000,0031., would
give for four months 133,000/., making a total
of 671,0001., which the revenue ought to have
been better in 1841, had things remained even
stationary, than the revenue of 1840. But it was
only 506,0951., showing an actual falling off in
1841 to the amount of 165,005/. That falling off
is irrespective of the increase which ought to
have been caused by an increase of population,
and which, down to 1839, caused the revenue to
increase, and irrespective of the augmentation of
the revenue of 1841, by the new arrangements
in the Excise, and by the extreme application of
the collector's screw.

As to the second, it is admitted by both parties
that there has been such an alteration in the Ex-
cise; but the Whigs affirm that it was carried
into effect only during the last quarter ; the
Tories affirm that it was begun before the sth of
October, and showed its effects in the preceding
quarter. In whatever quarter the effects may
be placed, the result on the year's revenue will
be the same. A fortnight's, or perhaps three
weeks' revenue of Excise has been added
to the revenue of 1841, to which there will be
no corresponding addition in 1842.

We estimated that on Thursday at 600,0001.,
which may well be doubled, fur the balance in
the hands of collectors, from which the sum was
drawn, amounted on Jan. 5, 1840, to 1,574,224/.
The new system, which reduces those balances,
and adds the sum taken from it to the revenue of
the year, has thus swelled the revenue of 1841
above the revenue both of the preceding and

succeeding years.
The painful but certain inference from these
facts is, that there is no probability of the reve-
nue now equalling the expenditure, without an in-
crease of taxation. It is, at the same time, certain,
from the consequences of Mr. BARING'S increase
in 1840, that an addition to the rate of indirect
taxation will add nothing to the revenue. Sir
ROBERT PEEL has pledged himself to put our
finances in order, and to accomplish that he
must increase direct taxation, or, perhaps, esta-
blish a property tax. He must be sensible how
mischievous that will be in peace. He has more than
once declared against the practice of providing for
the public expenditure by loans, and he has no
other alternative, we believe, but to inflict on
the country some addition to its direct taxation.
The complacency with which Sir ROBERT PEEL
and his supporters talk of the necessity of keep-
ing up the revenue to meet his and their de-
mands on it—as if their services, to the meanest
Treasury door-keeper, could not be dispensed
with—is well calculated to make the nation
weigh the advantages of the Government
against its enormous cost; and when both are
put into the balance, the Tory Government,
with its horde of mischievous officials, will in-
stantly kick the beam.

We have received a Madrid letter to the
29th ultimo. In the sittings of the Chamber
on that day the organisation of the bu-
reaux was definitely settled, and the re-
sult was a triumph for the exaltado fraction of
the Chamber; all the Members, with the ex-
ception of M. ACUNHA, belonging to that opi-
nion. Numerous meetings of Deputies have
been held. The following is the defini-
tive organization of the bureaux : President

PEDRO ACUNHA. Vice Presidents—MM.
VADILLO, CABELLO, CANTERO, and PEDRO GILL;
Secretaries —MM.HuELvEs, MIGUEL RODA,
DO-
mENICH, and GOMEZ DE LA FERNA. It is not
expected the address will be passed without
some stormy debates, particularly that para-
graph relative to the late events at Barcelona.

The amount of business transacted on the Bourse ex-
ceeded 190,0001. sterling, and prices closed at 33 for
cash sellers, and 33i a 334 for sixty days. • The Three
per Cents., including the dividend due the Ist of January
next, 231.

The French Journals have all reached us.
The following paragraph from the ilfoniteur
Parisien, explaining the absence of the Rus-
sian Envoy from the Palace on New Year's-
day, is among the most important of the very
common-place items of intelligence contained

in them : •
"According to the information we have collected,
we believe the following to be the truth. M. de
Pahien, the Russian Ambassador in France, was re-
ealledin November by his Government, and the un-
disputed motive of his recal was that the Emperor of
Russia wished to avoid M. de Pahlen's having, as Senior
Resident of the Diplomatic Corps, to harangue the King
on New Year's-day. On December 18, the Emperor's fete-
day, M. Perier, and the other persons attached to the
French embassy at St. Petersburg, finding themselves
indisposed, did not present themselves at the Imperial
Palace. M. de Kisseleff equally found himself indis-
posed on the lit instant, and did not appear at the
Tuilleries."

The Moniteur of the sth publishes in its official part
a Royal ordinance, containing several judicial appoint-
ments. An ordinance of the 4th approves the election,
made by the Academy of Moral and Political Science, of
M. Gustave de Beaumont, to fill the place in the Moral
section, vacant by the death of *he Count de Cessac.
Messrs. Pasquier and Decans had a long conference
with the King yesterday.
The Commission of Inquiry into the crime of 13th
September,- met yesterday at the Luxemburg, and re-
quired that four of the individuals condemned and sent
to the prison of Mont St. Michel, should be immediately
brought back to Paris.
The Committee of the Chamber of Deputies ap-
pointed to draw up the address, met, yesterday at one
o'clock in the Cabinet of the President of the Cham-
ber, who, by the regulation of 1814, is ex officio a Mem-
ber of this Committee, which makes the whole number
of Members ten.

Allth Memberse of the
requireo
f
Committee,
the
Minister,
organst of thetohs
bureaux,t
agreed to
simple comtpunication that could be made respecting the
em
Convention of the 13th of July, the Treaty •elative to
piracy and the right of search, and explanations respect-
ing the commercial negotiations in Belgium.
It was also agreed that the Minister of Foreign Af-
fairs, of War, the Interior, Finance, and. Public Works
should be respectively invited to attend the Committee,
in order to give information, as well on the matter
' above specified, as on the state of our armaments, the
situation of Algiers, the state of the Finance, and the
means which the Government think to employ in order
to equalise the revenue and the expenditure of the State.
—Constitutionnel.

We have the following letter from Toulon, of 31st
December:—" We have announced the departure of the
corvettes Embuscade and Baussole, with troops on board.
These vessels were detained in sight of the Channel for
a part of the day, in consequence of the arrival of des-
patches sent by estafette from Paris. This circumstance
was much talked of yesterday in the port. The com-
manders of the two corvettes have sealed despatches,
which they are not to open till they have passed the
Straits of Gibraltar. We know that these vessels have
eight or nine points to touch at.—Commerce.
BOURSE—PARIS, WEDNESDAY, JAN. 5.

First Highest Lowest Last
Price Price. Pric.. Price.
/tench 5 Der Cents ll7 20 ... 117 30 ... 1 7 15 .. 11'7 30
454 per Cents ......... 105 7 ' ... 106 75 ... 106 71 ... 103 75
4 per Cents lOl 50 ... VI 50 ... 101 50 ... 101 50
3 per. Cents. ez div . 78 40 . 78 45 ... 78 35 ... 78 45
Loan .......... .....
sank of France ...."
-3330
LaMtte Bant.l,ooot.Shares 10(.7 50 ...ICO7 50 ..1007 50 ...1007 50
-5,000 f. Satires 5015 ...5015 ...5015 ...5015
Relrrian Sank
Belgian 5 per Cents.
$ per Cents., 1840 (01., ~. 10.3%
.. 103%
... 10,3%
Dutch 2% per Cents 5.%4 ... 53k ... 53 ... 5.3%
ipsnish Active ' Y:',X, ... .:6 ... ..5% ... 15%
Passive 5% ... 5% ... 514 .. 544
New Defermi 12% ... 12% ... 1!.% ... 12%
Neapolitan lO6 50 -. f'26 73 .. 106 50 -. .16 75
Roman.... •••• 10334 ... 103% ...103% ...103}4

THE SUN, LONDON, SATURDAY, JANUARY 8, 1842.

poor, from a Noble Earl, whose name he was not at li-
berty to disclose, and he understood that the benevolent
nobleman had sent a similar sum to each police office.

RUMOUR OF THE DAT.

We understand that certain Members of the ex-Cabi-
net, greatly interested in the Corn-law question, have
engaged the services of the boy Jones, to go down to
Stowe, and report the heads of the conversation now taking
place there between Lord Stanley, Sir James Graham,
and the Duke of Buckingham. Several curious revela-
tions are expected, which will not tend to increase the
public veneration for Sir James Graham's consistency.

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