The Sun.
London, England, 1842-08-19 00:00:00

abg -un*

LONDON :
FIZII).a MOILNING, AUGUST 19, 1842.

We learn with great satisfaction that a number of
mills, factories, dye-works, and other establishments,
resumed work in Manchester on Wednesday. The
masters had previously come to a resolution, gene-
rally adopted and generally circulated, not to resume
work till they were requested by their workpeople ;
the resumption of work, therefore, is of more im-
portance for the inference it enables us to draw,
that the workmen wish to return to their labour,

than for the fact itself. We hope from this circum-

stance that we shall now be able, day after day, to
congratulate the public on the gradual restoration of
tranquillity, and the gradual return of all the people
to their accustomed occupations.
Quite enough, however, has been done by this
temporary turn-out to make all classes, master manu-
facturers, shop-keepers, landowners, shipowners, mer-
chants, the monied class, fundowners, tax-eaters,
statesmen, and clergymen—aware of the formidable
power possessed by the multitude, which a very little
improved organization, a little longer time for prepa-
ration, and a slight change in circumstances, may
enable them to use with greater success, than at pre-
sent. In spite of the ridiculous repugnance of some
Tory writers to a manufacturing population condensed
into factories, and aggregated about coal fields and
steam-engines, that population cannot be got rid off.
It pays most of the taxes. The landlords know, too,
that it pays high rents. Even the priests, we believe,
.
are quite sensible of the improved value gives to
tithes. The ruling classes, therefore, putting reason,
justice, and humanity out of the question, will not
allow that population and the wealth it creates to be
annihilated.
Beautiful and self-acting as is much of our machi-
nery, it does not yet enable the capitalist and the
landlord to dispense with human labour. In truth,
the more it has been improved and multiplied, the
faster have the crowded hives of the North increased
in population. As has been, so we may infer will be
the progress. For the'salce of national prosperity and*
national happiness, our towns must continue to in-
crease and absorb from the rural districts the popula-
tion which can there find neither employment nor
food. It is clear, therefore, that even Tories must
make up their minds not only to the continuance but
to the increase of the town population. On this ac-
count, the display which the multitude have
now made of their power, ought to be for all classes
an impressive, and if it be not an impressive, it will
be a fearful lesson.
It seems to us that the Turn-outs chose a wrong

time for action, and have been as much foiled by cir-
cumstances which they did not foresee, ius by the vi-

gorous measures of the Government. We adopt the
view taken by the Manchester Guardian, and conclude
that the whole affair, if not fully planned, had been
concocted and much talked over for some time. Its
commencement is nearly coeval with the anniversary
of Peterloo, which is remembered, in Manchester and
its neighbourhood, with the most enduring feelings of
indignation. Its immediate cause was an actual reduc-
tion of wages, of which notice had been given a month
before, and which the manufacturer, it is said, was
only prevented from withdrawing, at the last hour, by
the cavalier proceedings of the men. In the colliery

districts, and in various otherplaces, propositions were
made to lower wages. These matters, coming to-
gether, in the sacred month of August, hurried the
Turn-outs, we believe, into action at an unfavourable

time. We are, in fact, mainly induced to believe that
a turn-out had been long previously planned, by its
being carried into execution without discretion, and
without regard to existing circumstances.
At this moment the early and the abundant har-
vest, and the settlement of those trade questions which
Sir R. PEEL so foolishly agitated, unnecessarily increas-
ing the difficulties of the country throughout the
spring and summer, are working together to revive
trade. The markets for manufactured goods have
begun to look up, the demand for labour has increased;
and just as the great mass of the artizans, who have
endured almost unheard-of privations, begin to
hope for better days, begin even to taste
the advantages of more work and cheaper provisions,
the fore• planned turn-out makes them sacrifice both
hope and benefit. The willingness, nevertheless,
with which they in general complied with the request
of their fellows to turn-out, argues for the plan hav-
ing previously received their assent ; while they must
have done it with a heavy heart, to think of the great
sacrifice of beginning prosperity which they were
'called- an to make. They could not act with that
alacrity which they might have felt months be-
fore, when the demand for labour was lessening,
and wages falling while the price of food was ex-
orbitant. Their new-born hopes as labourers tended
to stifle their zeal as politiCal agitators. Again, all
the masters, who now see a chance of better days,
must have been very ill-disposed to the movement at
this time, and exerted themselves much more, we be-
lieve, tp check it now, when they begin to work full
time with a profit, than they would have done when
they were merely keeping their mills going in order
to prevent the machinery from falling to ruin. But
these circumstances, so unfavourable to the Turn-outs,
may not exist on the next occasion, and our hearty
and sincere advice to the Government and the,public
is to redress the wrongs and grievances of the manu-
facturers as speedily as possible, and take from them
ball just grounds for hating as well as for resisting
the law.

We have not, like some of our Contemporaries,
sought a party handle to this great question. We
blame Sir R. PEEL, we admit, for having caused the
'calamity by his Corn-keeping out Bill, and his Income-
tax. To us he seems to have acted with as little dis-
cretion as the Turn-outs, who carried a pre-formed plan
into execution, without attending to present circum-
stances. We may even say that his policy is almost
as contemptible as the cry got up at Manchester, by
some of the leaders, of " Go for gold,", because
such a cry was efficacious in 1832, when half
the opulent classes were ready to act on it, while
we are afraid the Turn-outs could scarcely muster ten
ten-pound notes amongst them. So Sir R. PEEL,
when the nation requires to be relieved from fiscal
and commercial burdens, in deference to an old Tory
theory, chose to restore the finances by plaguing the
people with a hated Income-tax. With this excep-
tion we have not regarded this subject in relation to
party politics. In our estimation it is more a social
than a political insurrection. It is caused by the
unmerited sufferings and degradation of the working
classes. It is an attempt, though a wrong one, to
better their condition. It is an upheaving of the
industrious classes, steeped in poverty, against the
upper and opulent classes. That seems to us its real
character, and neither. Whigs nor Tories are ex-
clusively to blame for that peculiar condition of the
working classes which has forced on the out-
break, and will force on others if it be
not redressed. Neither Whigs nor Tories have
excited this social insurrection. We will not
therefore, with some Liberal journals, stig-
matise the Tories for having provoked it ; still less
will we, who are well aware of the conduct of the
Anti-Corn-law League, admit for one moment that

their pursuit of a righteous object makes them in
the smallest degree blameable or responsible for the
outbreak. We humbly counsel both parties to lay
aside their disputes, and zealously bend their minds to
devising a large and liberal plan of domestic policy,
which shall remove the causes of the discontent of
the industrious classes, and raise them in society. If
this be not voluntarily done, their number is so great,
their knowledge so extensive, their organisation so
complete, that they can only be kept in obedience, if
at all, by a military force, to the destruction of the
liberty and prosperity of our country.

The intelligence from the disturbed counties,
if not quite so favourable as could be wished, is
still of such a character as to justify us in
repeating our belief that the reign of order will
very shortly be restored. The anniversary of
the Peterloo massacre, which was looked forward
to by all classes in the neighbourhood with
so much well-grounded anxiety, passed
off without disturbance of any kind; and,
indeed, generally, throughout Manchester
and its environs, there are symptoms of
a wish on the part of the Turn-outs, to return
to their usual occupations. In Yorkshire, how-
ever, things wear a very unsettled aspect. Up
to noon yesterday, Leeds was tolerably quiet,
notwithstanding the stoppage ofsome of the mills;
but large bodies of men were assembling and
plundering the provision-shops at Stanningley,
and it was supposed woul'ladvauce from thence to
Leeds; but as there seems to be a sufficient mili-
tary three at hand to check any further attempt at
outrage,we may calculate that there will be no very
serious disturbances in that neighbourhood. It is
in Staffordshire that the riots wear the most
alarming shape. There -the mob have been
guilty of the worst excesses, and several lives
have been lost, in consquencc of the rioters
coming into collision with the military power.
The Staffordshire colliers, however, are remark-
able
for their ignorance and brutality; and their
present reckless bearing—so different from that of
the majority of the Turn-outs in other quarters—
proves that they are altogether swayed by the
headstrong impulse of the moment. On the
whole, we think we may safely congratulate our
readers on the improving aspect of affairs
in the mining and manufacturing districts.
It is clear that the worst has passed, or is
passing; and it now becomes the bounden duty
of Government to institute a strict investi-
gation into all the causes, remote as well as
proximate, of the riots, with a view, by an
equitable system of remedial measures, to pre-
vent their recurrence. It will not do to wait till
next February. Extraordinary exigencies re-
quire extraordinary attention and promptitude
on the part of the Legislature; and unless Sir
ROBERT set about the task of investigation at
once, and in the right spirit, without the slightest
regard to party considerations, he will find that
the peace of the country will be liable to con-
stant interruptions.

We have received only a few of the French
Papers of Tuesday, the preceding day being
kept a close holiday by most of the newspaper
establishments. The following are the only ex-
tracts worthy of notice :
We have received the Moniteur Algerien of the 10th
inst. It contains the reply of the Minister of War to
the address to the King, from the Governor-General of
Algeria, in the name of the army, on the occasion of the
death of the Duke of Orleans. Marshal Souk informs
the Governor-General that he had received the com-
mand of his Majesty to express his thanks to the army,
and also to the Council of Administration of the colony,
and the Chamber of Commerce of Algiers, from which
bodies addresses of condolence had also been received.
The same Journal announces the formation of a com
mittee charged to receive subscriptions from the army
and colonists for the erection of a bronze statue of the
deceased Prince on the Place Royale of Algeirs. There
is no news of military movements in the Moniteur Alge-
rien.

The Augsburg Gazette contains the following under
its St. Petersburgh head : " Lieutenant-General
Grabbe's appointment to the functions of Commander-
in-Chief of the army of the Caucasus, now fighting
against the people of the mountains, has been confirmed.
An action. took plaice lately in one of the defiles of
Southern Deghestan. no; loss of the Russians, which

has in some accounts been stated as very great, did not
exceed forty officers, and six hundred men."

The Con;titucionoiof liar;;;;;-Pubii;iied a procla•
illation, by which General Zurbano assimilates smug'
glers and those who harbour them, to the rebels and
their partizans. They are all to be shot, and the inlur
bitants are bound under heavy penalties, and the Alcades
on pain of death, to pursue them, and give notice to the,
authorities of their presence at every point. The Journal
approves these measures, and adds, that it is the oti
means of putting an end to the smuggling of De=
man u facturers.—Le Commerce.

. .
BOURSE—PARIS, TUESDAY. A no. 16.
First Highest Lowest Last
Price. Price. Price. Price.
French 5 per Cents 119 60... 119 65... 119 50... 119 65,
4 per Cents 101 75... 101 75... 101 .75... 101 P,
3 per Cents 78 75... 78 75... 78 70... 78 7'
Bank of France 3250 ...3255 ...3250 3255
Laffitte Bank I,ooof 1030 ..1030 —.1030 ...1030
Belgian Bank, 1841 lO4O —1043 ...1045
Belgian Fives _ _ 1024 ... 1024 ... 1024 ... 1021

1840 lO2l ... 103- ... 102 i ...
Spanish Active 214 ... 22i ... 24 ... 24
Neap,titan.

Roman
RAILWAY SHARES

St. Germain , 840 ... e4O 840 ... $4O
Versailles, R. 13 ... 290 ... 290 ... 290 ... 280
L.B 92 ... 92 ... 91 25... 91 Pi
Rouen
Orleans. 560 ... 561 25... 560 561 w
Strasburg to Bale 2OO ... 200 ... 198 75... 200

MONEY and COMMERCIAL NEWS'

CITY, THURSDAY EVENING•

The accounts from the manufacturing districts in
the Second Edition of The Sun of to-day, being
viewed as more favourable towards a return to trail'
quillity, the prices of Consols advanced, towards the
close of business, to 91-k 92 for Money and for-the Ac'
count ; Bank Stock, 170 171 ; India Stock, 250 251;
Exchequer Bills, Old, 51 53 ; New, 49 51 prem.
The Foreign Securities were—Belgian, 1013
102:-; Dutch Two-and-a Half per Cents., 52 52k
the Five per Cents., 101/ 102+; Danish, 82} 833'
and Brazilian, 65 66.

The quotation for Mexican was 344 353.
The Share Market left off firmly, London 06
Birmingham were, 178 180, ex-dividend ; Bir
mingham and Gloucester, 48 49 ; Great Wcsterv,
883 891; the Half Shares, 63 633 ; North Midlaile,
56 58 ; the New Shares, 27 28 ; South Eastern and
Dover, 213 22; Eastern Counties, 93 91 ; -Northera
and Eastern, 393 401; Blackwall, 83 9i ; and Brie"
ton, 333 33i per Share.
The Bonds in which, according to the official 10'
have been dealt in to-day, are—Portuguese Five Pe'
Cents., 333 ; Spanish Five per Cents., 21 ; and the
Three per Cents., 204. It is being endeavoured
to raise a speculation in these documents, but hitherto
bargains have been wholly confined to certain persoas
on the Stock Exchange, who have caused fluctuatiorA
apparently for the sole purpose of inducing the public
to join them. It need scarcely be again said, that 01
amount may be bought and sold, without any
tion to deliver them in the one case, or to pay for the'
in the other, but simply to receive or pay over the dif.
Terence of price between that at which at the transne;
tion may have been entered into, and that which the,
may be at the " making up," which latter is made b?;
the chief operators, just according as the state of theft
individual accounts may happen to be ; thus the rib'
lie is completely at their mercy. No circumstance
have occurred, or from present appearances likely tn:ci;
cur, in the condition of the several countries whose bo
are principally speculated in, which either held n'l,,
any expectation for arrangement with their fora!'
creditors, or any prospect of immediate or even re'
mote payment of their obligations.

(From The Sun of Last Night.)
The letters received from Manchester this mornili%
state that the town and the surrounding districts were
perfectly quiet, and that the workmen showed eve'?
dispOsition to return to their employment. ist
now said that they never willingly struck, btl
did so purely from compulsion, and thitt
they appear to have diicove red that their ge;
will end but in their own loss, if nothing more seriotola
arise than the non-payment of wages for the per' t
the mills have been stopped. But it is feared Os,
trade, even in the few days during which the outbre°3
has lasted, has received too severe a shock to nllOl4
to attain its late posit ion for some time to come, all
that many masters who have long been workin.gr
without profit, rather than wholly discharge thel
hands, will hesitate now to resume, until it can 13411
done with the certainty of remuneration. If such
should unfortunately prove to be the case, the distress
among the operatives must of necessity be great.
Meanwhile business here is completely at a stow'
in consequence, with scarcely anything doing either i°
the produce or money markets. Consols remain at 91/
for Money, and 91i for the Account; Three Per
Cents. Reduced, 92f ; Three-and-a-Half per Cents'
Reduced, 1001; New Three-and-a-Half per Cents'
100 104.; Bank Stock, 170 ; India Stock, 949
250; Exchequer Bills, Old, 51 53 ; New, 49 51 pre.
Business in Foreign Securities consists of a stn:;!
transaction in the Two -and-a-Half per Cent. Dot
Bonds at 521; and the Five per Cents at 102.
The quotation for Mexican is 34/ 341.
But little has been done in Shares ; the market`
however, is firm. Great Western have been sold;
881; ; Birmingham, Quarter Shares, 471, ex- 61
South Western, 63 ; South Eastern Scrip, 61; an

Brighton, 33a.
Great exertions are again being made to reduce,
time speculations in Spanish and some other Ivor thle7,
bonds. It had been expected that the evidefic`of
adduced on the cases of the holders
the forged Exchequer bills would have beeh
sufficient to have deterred the parties from sucej
operations. Tiie whole of the money thus rais.o
is incontestibly proved to have been employed .0
these speculations, to the ruin of all engaged lot
them except the principal operator. Even ebe
this present moment the Committee of 'be
Stock Exchange are engaged debating upon t
expulsion of certain par ties who were WO
mental in circulating the forged documents, but the;
would be more profitably employed in weeding tb,
official lists, by means of which a degree of currelicrl
is given to these speculative Bonds. Spanish Pie
per Cents. have been driven up to 21*; and the Thr
per Cents. to 20f.

. _
PRICES OF IRISH STOCKS, DUBLIN, AUG. 16%1
3 per Cent. Consols
Three and Half Stock 99i Grand Canal Stock ........• /
Ditto Reduced ......
__.

Ditto New 1830... 99{ Ditto 4 per cent. .......••
3k per Cent. Debs.

CLOSING PRICES.
BRITISH FUNDS. 0
Bank Stock
3 per Cent. Red. .
3 per Cent. Cons.-- 92 Ditto Old Annuities ...
34 per Cent. Red... 101 Ditto New Annuities ...
"*".- ---.0
New 3t per Cent... loo* Ex. Bills, 1,000/....2d • -- DO
N'w 5 per Cen' Ditto 5001. •• •• • '0
Long Annuities to expire Ditto Small
Jan. 1869 ......... 12 9-16 Bank Stock for Acct -•''

Oct. 1559
Jan. 1860 (Consols for Acct. 92
FOREIGN FUNDS.

Austrian, 5 per cent. — Portuguese, 5 per cent.
Belgian, 5 per cent lO4 Ditto, New Ditto ....
Brazilian Bonds... 65 Prussian, 5 per cent.
Buenos Ayres6 per cent. Russian, 5 pei cent.....
Chilian, 6 per cent — Ditto, Aletallic . .... .
9;1
Colombian, 6 per cent... Spanish, 5 per cent. ...• k i
Ditto, 1824 — Ditto, Deferred.... .
Danish, 3 per cent — French, 5 per cent. —f• —1:
Greek, 1825, 5 per cent — Exchange —f .'"
.....e•
Mexican, 5 per cent..... French, 3 per cent. —f• .21
Ditto, 6 per cent. 1837 Dutch, 2/ per cent. ...... 64
Peruvian, 1825, 6 per ct. Ditto. 5 pet :mut. .. .. Iv

SHARES.
Bristol and Exeter (70 paid) .....
Eastern Counties Railway (23 paid) .
Ditto Debentures -0/ 71 i
:1 .
Great Western Railway (65 paid)
7
Ditto Fifth (4 paid)
London and Brighton (50 paid) .
London and Birmingham (90) ..
Ditto Quarter Shares (25 paid)
Ditto New Shares ( 2 paid, ) ........ SI
... .1.133
London and South Westein (411 6s 10d pd) 631
Blanchester and Sheffield (821 paid) 63
North Midland Railway (100)
South Eastern and Dover (50 paid) 2ll
Ditto Scrip. (10 paid)

There is now living in this county. a man nanlea
Ripley, who for the last 80 years (without intermissiut
has taken out a hawker's license, and has consequent
paid to. Government upwards of 3001. This patriarehl%
hawker still travels the country, although he is now, :0
the advanced age of 103. The above fact was related ,
Mr. Taylor, stamp distributor of this town, by a gr 411,1,
son of the aged Ripley, who also exercises the same cio
ing.— Sussex Advertiser.
AMSTERDAM, AUGUST 13.—his Majesty the Bri
peror of Russia has ordered the issue of at third series f),.
60,000 Polish Treasury bonds, of one thousand Po
florins, at five per cent. interest per annum, in the sikal,,
manner and on the same conditions as the two precedloo
series.
ZIERICKZEE, AUGUST 12.—1 f the farmers
graziers of this island have good reason to complain Sf
the deficiency of the crop of hay, they have triple gonno,
of satisfaction with the harvest, which is now getting
The grain is heady and sound, and promises to Yie
abundantly. It is besides gut in perfectly dry.