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

Articles.

Coffee
Cotton-wool

Cotton-yarn
Cochineal .. .........

Indigo .
Quercitron Bark .....

Brazil, Nicaragua, St.
Martha, Lima, Ja-
pan, and Logwood
Fustic

Lead, in pigs ...
Tin, in blocks ..

Olive Oil
Rice
Salt
Sugar
Cloth, halfcloth, ker
seymere, ladies' cloth,
tricot, of black, dark
blue, dark green,
white, and blueish
white colour, also
with small white spots
—hitherto prohibited,

Rubles. Copcks.
p. pond* 6 12
0 25i
5 734
11 47i
4 59
0 86

New Duty,
from Jan. 1,
1842.

Rbls. Cps.
p. good 6 15
0 25
6 50
13 50
5
1 0

Iberkowitz 1 72A

1 144.
- 0 25i
p. pood 0 251
1 72b
0 45 2-10
0 401-6
3 21 3-101

berkow•itz 2 0
1 40
- 0 10
p. pood 0 60
1 85
_ 0 60
- 0 40
3 80

per lb. 3 50

* A pood is equal to 361 b. English.
N.B. The quarantine and additional duty will not be paid
further, except on the old duties.

AMERICAN NEWS

ARRIVAL OF THE ACADIA.
LIVERPOOL, FRIDAY, 3 A.M.

The Acadia, Captain Eyrie, has this moment
arrived from Boston and Halifax with her Ma-
jesty's mails, after a speedy run of eleven days.
She left the former port on the 16th, and the
latter on the 19th, bringing thirteen passengers.
By her arrival we are put into possession of New
York dates to the 15th, inclusive.
The main feature in the intelligence is a pre-
sentment of the Grand Jury against the officers
and others of the United States Bank. No
material variation had occurred in the Money
Market. The rate of exchange on England was
9 to 91.

(Correspondence of the New Yorh Herald.)
PHILADELPHIA, DEC. 14, 1841.—The much
talked of presentment of the Grand Jury in the
case of. alleged frauds in the U. S. Bank,
was made public this morning, or rather this
afternoon. This presentment was made on
Saturday, and asks that the bills be sent
up for their action against Nicholas Bid-
dle, Samuel Jaudon, John Andrews, and others,
to jury unknown, for entering into a conspiracy
to defraud the stockholders of the U. S. Bank of
the sums of 400,000 dol. in the year 1836, and
endeavouring to conceal the same by a fraudu-
lent and illegal entry in 1840, • and to sustain the
charge, the Court is authorised to endorse Austin
Montgomery, Capt. Henry Mallory, Henry
Horn, as accusers; Moses Kempton, Edward
Coles, Jas. S. Newbold; Joshua Lippincott,
Jonathan Patterson, Thos. Taylor, and William
Drayton, as witnesses.
They also ask bills against Nicolas Biddle, Jo-
seph Cowperthwaite,Thomas Dunlap,and others,
to jury unknown, for entering into a conspiracy
to defraud, &c. &c., the stockholders of the
United States Bank during the years 1836,
1837, 1838, 1830, and 1840, by which the stock-
holders have been defrauded out of a sum of
money exceeding 300,000 dollars. The same
accusers to be endorsed as in the first case, and
as witnesses Moses Kempton, Edward Coles,
James S. Newbold, Joshua Lippincott, Jonathan
Patterson, Thomas Taylor, William Drayton,
Joseph Cabot, Rodney Fisher, Richard Price,
and George Handy.
They also ask for bills of indictment against
Alexander Lardner, Thomas Dunlap, Richard
Price, Lawrence Lewis, George Handy, and
others to the Jury unknown, for feloniously, &c.,
conspiring to cheat and defraud the stockholders
of the United States Bank of Pennsylvania of
the sum or sums of about 130,000 dol.; in the
year 1840. To be sustained generally by the
witnesses as before named. _

The attention of the Grand Jury was called to
this matter by a charge in writing, signed Austin
Montgomery, who assumes the proof of it, by
the Report of the Investigating Committee, in
April, 1841.
The Court directed the names of those pre-
sented to be called, when John M. Read, Esq.,
as the counsel for Nicholas Biddle, made a mo-

3d. The Grand Jury do further ask for a bill
of indictment against Alexander Lardner,
Thomas Dunlap, Richard Price, Lawrence Lewis,
and George Handy, and others, to the Jury un-
known, for feloniously, &c. conspiring to cheat
and defraud the stockholders of the United States
Bank of Pennsylvania, of the sum ofone hun-
dred and thirty thousand dollars, in the year 1840.
One would think, upon reading the above, that
• the stockholders of that corporation will be the
only sufferers by its failure, and certain officers
of the Bank the only delinquents. I am no
friend of the strangled monster, whose groans
and death struggles have for so long a time con-
vulsed the country, nor have I ever been the ad-
vocate of such unwieldy corporations. But lam
the advocate of the Constitution, the laws, and
even-handed justice.
Here we are presented with another view of
this subject, which will serve to show that there
are virtuous and unofiending sufferers, and not a
few. I mean noteholders, and that at the hands
of the stockholders, through their investigating
and dividend committees. In July, 1839, the di-
vidend committee, Ambrose White, J. J. Von-
derkemp, Mr. Newkirk, and others, report-
ed that the Bank had an aggregate of surplus pro-
fits amounting to 4,421,289 dol. 32c.; and they de,
Glared a dividend of 4 per cent. • the Board, then
consisting of Mr. Eyre, R. Alsop, J. Bohlen,
J. J. Vonderkemp, Mr. Newkirk, C. Kickman,
Wain, Cope, White, and Price, unanimously
ratified the dividend. Here, then, was a divi-
dend of 4 per cent., or 1,400,000 dol., paid to
the stockholders, and a false credit given to
their notes, or promise's to pay, and the poor
induced to regard them as good; while they,
the noteholders, do not receive one cent.
for the promise to pay of the agentS of these
very stockholders. And now they are the only
parties injured, while thousands of the humblest
men in the community, have, within the last
few months, been induced to deposit their notes
with them, and receive, in return, a certificate
with another promise to pay interest on then' at
some distant day. If one of these parties is in-
dicted, the whole I have mentioned should in
justice be included, and no crafty, knowing (if
not dishonourable) ones make others their scape-
goats. I trust that we shall in our far-famed
city be too vigilant for these gentry.

(From the New- Yorh iderold of the Lth Dec.)
STATE- OF 'TEM COUNTRY:
With the exception of an occasional forgdry,
defalcation, and breaking' of a bank or two, we
are at present in a comparatively calm state in
this country.
Our relations with England have recently as-
sumed a more tranquil aspect, and from present
appearances we think all our difficulties with the
mother country arc in a much more likely state
.of peaceable adjustment than they have been
for some years past. And the correspondence
between Mr. Stevenson and Lord Aberdeen, on
the right of search, just published, will go far
to assist in healing the old wounds, and closing
the breach between the two countries. -

In political matters there is a calm before a
terrible storm ; the country has been revolu-
tionized; all the old parties have been broken
up, and new ones are now forming; but the ele-
ments are so discordant that there will be con-
siderable trouble in causing a re-union. Every
politician views his neighbour with distrust; and
every one seems about to buckle on his armour
for some great political battle, the nature and
extent of which neither he nor any one else can
at present form any conception of.
On the subject of.the currency there is consi-
derable diversity of opinion. What Congress
may do in this matter it is impossible at present
to say; but judging from the nature of the
Financial Committee of the House of Represen-
tatives, just formed, it is probable that Congress
will pass some national system of paper currency
this session; and perhaps adopt the plan recom-
mended by the President in his Message, strik-
ing out the exchange part of the scheme. And
even the stock jobbers themselves, and those
who recently were the loudest declaimers for a
National Bank, upon the plan Of the old U. S.
Bank, now seem willing to take the President's
plan of a Fiscal Agent, for better for worse, and
give it a fair trial, with some slight modifications.
There will be terrible work this winter, and
the ensuing spring in commercial matters. The
Bankrupt Law, which goes into operation on the
Ist of February next, will sweep out of existence
a large number of rotten institutions and firms;

Total $;1,320,296 $3,730,698
In every instance it will be seen'thelianks are
heavily deficient, and the 'circulation in the
aggregate is worth 65 cents. and no More.. A
large proportion ,'of these banks will stop, and
there will'be loss of near 1,000,000 dolls. to the
pdblic. These fuets the Commissioners know,
and yet they state that the banks are all
in good 'condition. The only course is to
abolish ' this useless office of Bank Commis-
sioner, and compel from the banks a full
monthly statement of their affairs. The nature
of the business done by the western banks, and
the worthless character of the real estate paid in
as the capitals of most of them, added to the
great fall in the value of the stocks, has ruined
them as a mass: As an instance of the value or
the bonds and mortgages, we will state fact well
know al
nto the Commissioners. A 810 Bank—
held a piece of land, which was mortgaged in
the first place for 9.0,000 dol., and again for
14,600 dol., making 34,000 dol. This was lodged
with the Comptroller, and when sold on the
failure of the Bank, the highest cash price it
would command was 3,300 dol. This, to a greater
or less extent, is the case with all the mortgages.
The more speedily that red-back money ceases
to circulate the better for the public.