The Sun.
London, England, 1842-09-17 00:00:00

THE SUN, LONDON) SATURDAY EVENING. SEPTEMBER 17, 1842,

.
SPORTING INTELLIGENCE.
(RECEIVED THIS DAY.)
DONCASTER RACES—YESTERDAY.
The Scarborough Stakes of 30 sovs, each, 20 ft.• One mile.
Sir C. Monck's bro. to Garland, 3 yrs (Lye) 1
Mr. Clark's Master Thomas, 3 yrs 2
Mr. Ramshay's Moss Trooper, 3 yrs
• • Won by a head, after a fine race.
The Park Hill Stakes of 50 sovs. each, h ft, for 3 yrs
old fillies ; second to receive 1001. St. Leger Course.
Col.. Cradock's Sally, by Sheet Anchor (Templeman) 1
I ord Eglinton's Blue Bonnet, by Touchstone 2
Lord Chesterfield's Dilbar
Lord G. Bentinck's Firebrand
Mr. Foljambe's b h Bay Middleton, out of Adriane 5
5 to 4 agst Blue Bonnet, 5 to 4 agst Sally, and 3 to 1
agst Dilbar. Won by a neck, after a fine race.
The Innkeepers' Plate of 100 sovs., added to a Sweep-
stakes of 15 sovs. each, 10 ft. Red House in.
Mr. H. Stebbings' Edmond, 3 yrs (Francis) 1
Mr. F. Walker's Billingham Lass, 4 yrs
The following also started but were not placed :—Mr.
Dawson's Our Nell, 3 yrs—Sir R. Bulkeley's Cerito,
4 vrs—Lord Miltown's L'Ucello, 3 yrs—Mr. Clark's
William-le-Gros, 3 yrs—Mr. Peck's Paragon, 3 yrs—
Mr. Price's Marion, 3 yrs—Lord G. Bentinck's York-
shire Lady, 3 yrs—and Mr. Thompson's Pharmacopoeia,
3 yrs. Won by a length, after a fine race between two.
The Town Plate of 100/ ; the second to receive 48 gs.,
Heats, 2 miles.
Mr. Goodman's Shadow, 6 yrs (Rogers) 1 1
General Sharpe's Lara, 4 yrs

SPIRIT of the PUBL!.O JOURNALS.

FROM THE MORNING PAPERS OF THIS DAY.
TIMES.—We yesterday observed that we
found a difficulty in accounting for Lord Ashbur-
ton's cession to the American Government of the
navigation of the St.-john's. We are sorry to
see our view confirmed by the tone taken by an
American paper, as quoted by our correspon-
dent :
"The honour of the United States," says the jour-
nalist, "and that of Maine,- has been completely satis-
fied by the manner in which Great Britain has treated
—namely, as if she had no right to the territory in
question, but sought to acquire whatwas useless to us,
by an offer of a full equivalent. The two-thirds of the
territory retained by Maine is made by the cession of
theright to navigate the St. John's of at least as much
value in a pecuniary point of view as the whole terri-
tory-without that right."
N'ow, it this statement stood alone on the un-
supported dictum of an American newspaper,
eve certainly should place little reliance upon
it. It is plainly the interest of those Ame-
rican statesmen who have negotiated this
treaty to persuade their countrymen that
they have •• done the. Britishers ;" and we
could easily believe that this assertion of
the low ground taken by the English
Plenipotentiary was of a piece with the affecta-
tion of Mr. Webster (we would willingly avoid
the appearance of disrespect to that able states-
man, but we can call it no less), of having under-
stood Lord Ashburton to apologise for the burn-
ing of the Caroline. We wish, however, that
the results of the negotiation, as animadverted
on in our yesterday's paper, had more distinctly
negatived this American journalist's assumption.
Such a suspicion it would certainly have been
difficult to avoid. For how stands the whole
case? In honour . and equity we have not the
smallest doubt of the justice of our claims to the
uttermost inch. • N Ot so, however, it' we are to
go by the " bond." An. unfortunate ambiguity
in the treaty, arising from the gross ignorance or
clumsiness of those who had to arrange its terms,
has laid us open to a very Plausible, though far
from conclusive, eounterclaim, which of course
the Americans, when discovered, lost no time in
setting up. We do not hesitate to say that the
present settlement is far better, as indeed almost
anything must have been better, than the late
precarious state. of things—a state f things
which, while leaving a cases Celli unsettled,
allowed the United States quietly to concentrate
their strength, and strike at any momentat which
they might find us embarrassed by disturbances
or disaffection in Canada. We have had one les-
son on this subject, and one lesson is enough.
So far at least we cannot be wrong in .congratu-
lating ourselves on the issue of Lord Ashburton's
mission.
• CHRONICLE.—If we wish to guard against
the repetition of such disorders as have recently
occurred in the manufacturing districts, we must
do something to better the Physical and moral
condition of the working-classes. If we cannot
remove the desire for political changes, at least
let us take care that severe and general distress
shall as seldom as possible inflame the working-
people into having recourse to violence, in order
to get the management of public affairs into their
own hands. The recent disorders are full of
warning on this subject. They originated in dis-
tress; they were laid hold of by polmeral agita-
tors, and turned to the account of Chartism.
Their origin and the directionsubsequently given
to them are alike obvious on the very face of the
occurrences which took place. The first signal for
disturbance was given by the reduction of wages.
The men combined to resist this, left their work,
and congregated together. Then it was that, hope-
lessthey flew to the Charter
of any other remedy,
as the one general means of redressing all griev-
ances. The combination, which in the present
day exists among all classes of workmen, extended
this movement even to some of the few of those
whim were at the moment subjected to no parti-
cular pressure. But the disorders spread gene.
general distress. They
rally, because there was
form where the assumed the most violent
work-
men had some peculiar grievance, as was the case
in Staffordshire; and among those classes
.of
workmen, who happened by especial good for-
tune to be exempted from the general pressure,
such as the Durham and Northumberland col-
liers, no acts or influence of agitators could pro-
duce any movement at all. And this is just what
we may look to in future. Mere political feel-
ing will not (for a long time at . least) lead the
classes, when la full employ atgood
wages, to make any movement for altering the
present constitution of the country ; but what
we have to dread is that, whenever they feel
themselves pinched, they will organise
dthem-
selves in growingly formidable combinations for
n keep the
the attainment of political powtr).a
country in constant alarm by their attempts to
extort universal suffrage.lt, therefbre the go-
verning class in this country wish to save all that
is most dear to them from the ruin consequent
on a premature and violent establishment of
universal suffrage, or from constant attempts to
attain that object, of Nivhich the repetition wouldprove almost as ruinous as their success Itself,
they must henceforth be' vigilant in preventing
the physical condition of the masses from be-
coming so desperate as to provoke them to make
any movement for constitutional changes. In
fact; they must so govern that the masses shall
not be led to think that they could ameliorate
their own lot by getting the management of af-
fairs into their own hands.
POST.—It is monstrous to assume that a few
hundred cotton-manufacturers 'represent and in-
clude the great mercantilecommunity of Britain.
We would give to the cotton-manufacturers all
the weight in determining the policy of the em-
pire to which their number 'their capital, and
their character entitle them. But they are only
one section of the commerciaLworld, and even
of this section it is the most Proveably worthless
and narrow-minded members who are so active
in endeavouring to agitate the public mind
against the little that is left of the Wise old na-
tional system which enabled our fathers to be-
queath to us time wealth and power that modern
doctrines have partly trifled out of our hands.
We ought by all means to promote
the pros-
perity of our commerce and shipping. But even
here the foreign -cotton trade is
less fruitful of
benefits than many other
branches of commerce. •
For instance, the manufactured cotton goods
sent by us to the largest of our foreign cus-
tomers are conveyed to the
but
of their desti-
nation not in British almost exclusively
in foreign bottoms. Thus instead of nourish-
ing the source from which the English navy
may be recruited, We
here find time foreign
cotton trade rearing •
UP a rival . to our olden
supremacy on the ocean,. Not so with the colo-
nial trade. Timber from Canada, rum and sugar
from the West Indies, fish from Newfoundland,
&c. &c., are brought to
us by British sailors in
British ships, and the return cargoes are remitted
through the same carrying medium. We go not
to disparage the importance of the foreign woven
goods trade. Let it count
or what it is worth,
hut, after all, it is within ourselves—within the
prodigious extent of our own empire—we must
look for the true means of.
restoring and further
developing mercantile prosperity. We are
avowed friends of protection for all parties—for
employers and employed.. for farming and mer-
cantile industry. We attribute no small share
of the late and the present distress to the unre-
stricted manner in which, during a flush of
" briskness" in their trade, the northern mill-
owners are allowed to tamper with the life-and-
death interests of tens of th°Psandsof operatives.
ADVERTISER.—We Published yesterday a
document of the very highest Public interest and
importance. It was the address of the Council
of time National Complete
-ummrage Union to
Political Reformers of all shades of opinion."
In t wo points of view this address is worthy of
the utmost. admiration. It contains nothing at
which the foes of Reform may carp, and it aims
at a practical, solid, clearly-defined object, in a
spirit above reproach, stern,
, elevated, and on the
offensive only against vicnence, Seeking.reform
in the institutions, it is yet guarded against all
unconstitutionality of proceeding or
purpose ; hat
;
there can he no doubt that
-u virtual influence
and result it will succeed in establishing a real
House of Commons in the place of the present
mock one, and for this let Whigs and Tories be
prepared. It is the wish of the
Council that a
" N ational Conference," composed u of representa-
tives from all parts of time kingdom be held at
Birmingham on the 27th of ha
--eember next, a
..:14 wish to which all staunch
:Reformers and real
friends of the popular cause will assuredly re-
spond, when, as it is easy
to foresee, such an ex-
pref sion of the general will will take place as
shall serve to teach the
.onpressors . of the
country that a veritable reign of jostke is
at
ancient hand to supersede t monopolies and tyran-
nies. Whatever is to be done, however, is to be
effected only through legal means,and for
national, in Contradistinction to personal or
party, purposer. o But in
the election 'of repre-
sentatives, to meet. in such a Conference" says
,
the Address, " all party spirit must he ex-
cluded, all efforts for fbrcing individual views
through the power of numbers Must be avoided;
a victory obtained defeat in overbearing
policy, would be to our object—that of
haviog a fairly constituted National-Conference,
a.hody In whom all shades of' Reformers among
the middle and working classes may place con-
fidence, and under whose peaceful and legal
guidance we may unitedly contend till we have
seoured: the blessing and fruits of freedom."

_ .
Captain Harcourt's Arnagill. 4-yrs ..... 3 dr
Won easy.
ISLE OF THANET RACES.—THURSDAY.
The Margate Stakes of 2 sovs. each, 40 added. Heats,
two miles.
Mr. Simmcnds' Obelisk, aged..... (Owner) 1 1
Mr. Baker's Montezuma, aged
Mr. Hornsby's Revoke, 6 yrs
Mr. !lodges' Dane John, 4 yrs . 3 dr
Mr. Clifton's Cantle. 5 yrs 4 dr
The Visitors' Plate of 401. Heats as above.
Mr. Hodges' Dane John, 4 yr5.....(W. Butler) 2 1 1
Mr. Hobbs' Bavarian, 5 yrs 1 3 3
Mr. Clifton's Vigo, 3 yrs 3 2 2

r And it is precisely the mild and tolerant spirit in
which this
/grand work is to be accomplished
that is the guarantee of its triumph.

MONEY MARKET and CITY NEWS,
CITY, FRIDAY EVENING.
FROM THE MORNING PAPERS OF THIS DAY.

TIAIES.—The satisfaction which was generally
diffused by the news of the settlement of the boun-
dary treaty yesterday, is in some measure counter-
acted by the almost prohibitive rates which the new
tariff imposes on several important articles, especially
cotton manufactures. The letters from Liverpool
Teak of the effects of this tariff as likely to prove in-
purious ; but it is some consolation, that from the
present aspect of atnirs in America, there appears
every probability that it will not be of long duration.
The new apportionment of the population, according
to the late census, will, it is expected, give such ad-
ditional weight to the agricultural interests of the
Union, that the next Congress which will be elected
on the new arrangement, will certainly not allow
a high tariff to remain. The requisition that all
duties shall be paid in hard money does not seem
greatly to displease the London merchants, since after
severe losses incurred by trading with persons of no
real means, they will now have a kind of guarantee
that those who take their goods will be in some mea-
sure responsible parties.
SUN.—The prices of Consols rather improved at the
latter end of the day, and the last rates were 928
buyers for Money, and 93 to 93* for the Account.
India Stock, 249 251 ; 'Exchequer Bills, Old, 51 53 ;
New, 49 51 prem.
. The Foreign Securities were not quite so firm :
Belgian, 102 103; Dutch Two-and-a-Half per Cents..
52i 528; the Five per Cents., 1022 103 ; Danish,
83 84 ; and Braziliau, 671 688. The quotation for
Mexican rose to a similar price as yesterday, 351 f.
The Share Market was a shade better ; London and
Birmingham were, 181 183 ; Birmingham and
Gloucester, 42 44 ; Great Western, 82 83 ; the
half Shares, 59 598; South Western, 57 58 ; North-
ern and Eastern, 36 37 ; North Midland, 56 58; the
New, 27 28; South Eastern and Dover, 22 221 ;
Eastern Counties, 88 82 ; Blackwall, 68 7 and
Brighton, 33 331 per share.
The rates of Exchange all exhibited an improvement
on those of Tuesday—Amsterdam,
,12 52 12 61;
Rotterdam, 12 61 12 61; Antwerp, •12 41; Ham-
burgh, 13 11:} 13 12 ; Frankfort, 1502 1501; Paris,,
25f. 75c. 25f. 80c.; Vienna, 9 551 :9 56; Lisbon,,
521 523-, all at three months.
Although this was the day appointed for settling
time bargains in the Bonds, but little variation oc-
curred in the quotations :—Colombian, 204 21 ; Peru-
vian, 15 16; Portuguese Five per Cents., 358 354;
the Three per Cents., 204 21-.};_ Spanish Five per
Cents., 161 161 ; the Three per Cents., 21 211.
The departure of the Hindostan steamer to India,
via the Cape, has caused some attention in the City.
The idea of the possibility of a complete line of ves-
sels to traverse the route has never yet been aban-
doned, and parties are sanguine enough to believe that
it will ultimately be successfully carried into opera-
tion. The great obstacle which has hitherto existed is
the want of a supply of coals at an intermediate sta-
tion, but the late discoveries in the neighbourhood of
Algoa Bay will, it is supposed, obviate this difficulty.
It has been urged that the route through Egypt offers
such_ facilities as will supersede the necessity of the
longer passage, and doubtless so' long as Mehemet Ali
rules in that country, So long will English travellers
receive a safe conduct. Sufficient, however, has
transpired to show that the safe transit of Europeans
is not by any means securely guaranteed across the
Dekrt, and hence the necessity of forming such a
fleet, 'and providing such auxiliaries, as will preclude
the necessity of any dependence upon foreign Powers.