The Sun.
London, England, 1842-03-11 00:00:00

AMERICAN NEWS

FOUR DAYS LATER FROM
AMERICA.
LIVERPOOL, WEDNESDAY NIGHT.
By the arrival of the Transient ship Rochester, Cap-
tain Woodhouse, we have New York papers to the
evening of the 19th inclusive, being four days later than
were brought by the Solon at this port yesterday. The
Rochester left New York on the evening of the 9th,
eight hours after the packet-ship England. She has
made the passage in 17 days. The news by this arrival is
not important.
Nothing of importance had transpired in Congress
since the last accounts left. Mr. Clay had brought for-
ward some resolutions in the Senate, in the course of
which he deprecated the Government having recourse to
a loan or treasury bills for the purpose of meeting the
current expenses, and proposed that a duty of more than
20 per cent. should be laid en foreign imports, in order
that the net revenue might be raised to twenty-six mil-
lions dollars ; twenty-two for the ordinary expenses of
Government, and two millions to be appropriated as a
reserve fund for contingencies. On the 16th ult. Mr.
Walker submitted a resolution calling upon the Execu-
tive for information as to what proceedings, if any, had
been had in the case of the Creole, since the last corn-
munication to that body.
The injunction on the Bank of Pennsylvania still re-
mained, but the interest on the State debt was under pro-
cess of payment by the authority of the Supreme Court.
The British West India steamer Tay had arrived at
Havannah oa the Ist., and sailed again for New Orleans
on the .I.th ult. m The Thames arrived on the 3d, but
neither vessel carried out later dates than was previously
received via Boston. The Solway and Forth left Ilavan-
nah on the 2d, the firmer for Vera Cruz and the latter
for New Orleans, a hich she afterwards passed, not being
enabled to reach the city, in consequence of being deeply
laden with coals. She did not take the mails for Mexico
and England, owing to some misapprehension on the part
of the post-masters as to the time when she would pass.
The death of the notorious Grogan is announced in
these papers.
From Mexico we learn that General Paradez was
forming a party in opposition to Santa Anna. There ap-
pears to be good ground for supposing that the prisoners
taken in the Santa Fe expedition were inhumanly
treated by the Mexicans. A general order was issued
by the Commander-in-Chief of the northern army, for-
bidding any Mexican from dealing with the Texians,
under penalty of serving eight years in the permanent
body of troops stationed at Tampico.
some outrages having been committed upon British
subjects at Carthagena by Carmona, the leader of the
revolters, the Charybdis brig of war was despatched
from Jamaica to inquire into the matter ; on her arrival
she was fired upon by two Carthaginian brigs .4* war and
several gun-boats, in consequence of which she opened
a fire in defence, sinking two Venezuelan ships and kill-
ing a great number of men, amongst whom was the Ad-
miral. The Charybdis lost four men, and sustained con-
siderable damage in her upper works.
General Santa Cruz was in Guayaquil, on board
of the English brig Queen Victoria. An attempt to
seize his person by Gamarra's party was frustrated by
her Majesty's Consul, Walter Cope, Esq. The difficul-
ties in New Granada were amicably settled, and General
Flores, President of the Equador, was in Guayaquil,
raising an army in the cause of Santa Crux. Chili was
quiet. The latest accounts from Tampico report business
as dull ; the inland duty had been repealed.
Lord Morpeth had left Washington for Richmond, and•
proposed to travel southward.
NEW YORK MONEY MARKET, FEB. 19.
The Money Market continues without material change. The
Banks discount sparingly, and appear determined to continue a
prudent and cautious policy. The importations of merchandi?e
are quite large at present, and any deviation from this policy
must tend to put up the price of sterling bills, and probably
cause fresh' exportations of specie. Sterling exchange con•
tinues firm, and such bills as are undoubted are freely taken.
Domestic exchanges on most points are dull. On one or
two places, particularly Philadelphia, an improvement has
taken place, more confidence being telt in the stability of the
remaining Banks.
The fluctuatims in stocks have not been large. Our quota.
Lions exhibit generally an improvement, especially in our own
State stock. Many descriptions of stock have apparently fallen
quite as low as could be expected under any circumstances, yet
there is little now transpiring to give cause to hope for any
immediate improvement. Capitalists are unwilling to invest
except in the most undoubted securities, and these are taken
sparingly. We are not without hopes that Congre-s at length
will do something, to bring about a different state of things.
The whole country is anxiously looking toward Washington
for some action upon the fiscal measures which have been pro-
posed, and it i i extremely desirable that the future policy of
the country should be settled one way or the other. We are
disposed to consider almost any action as preferable to a state
of unc,-rtainty.
RATE OF SALES AT THE STOCK EXCHANGE.
4,475 Dols. New York Fives, 1858
2,009 Ditto Indiana Fives ... . . ..cash 19" T
2,000 Ditto ditto s next week 191
2,000 Ditto Illinois Sixes, 1870 l9l
15 Shares Delaware and Hudson Canal cash 89
50 Ditto Mohawk Railroad
100 Shares Long Island Railroad
25 Ditto Paterson Railroad
The transactions at the stock board were very light, with the •
,exception of State securities and Delaware and Hudson Canal.
Nearly 100,000 dollars of the former, and about 800 shares of
the latter, were sold. Illinois Sixes declined per cent ; In-
diana Fives ; Delaware and Hudson, li.
EXCHANGE—FOREIGN.—The transactions in foreign bills
for the packet of to-day have been light. OnLondon prices
hare ranged from 74 to 84 ; on Paris, 5 28if. to 5 271 f.

ALGIERS.
copy OF A DESPATCH FROM THE EARL OF ABERDEEN TO DER

MAJRSTY'S ANIBASSA DOR AT PARIS, DATED FOREIGN OFFICE,

JANUARY, 23, 1842.

Mv LORD,—My attention has been directed to the report in the
Monitenr, of a speech delivered in the Chamber of Deputies by
Monsieur Guizot on the 20th instant. On that occasion his Excel-
lency rend in the Tribune an account of a conversation between the
Count de St Aulair.r and myself which had reference to the French
Possessions in Africa, and which had been transmitted by the An.
bassador to the French Minister.

In this relation, the Count de St. Aulaire observes, " I began by
asserting tt at the security of our African ttossessious was for us
an interest of the highest importance, which he could not all9w to
give way before any consideration; and Lord Aberdeen, ''after
having listened to me attentively, said, I am very glad to be able
to explain myself distinctly to you upon this point. I was Minister
in 1830. If I were to go back to that time, I should have much
to say ; but I take affairs as they arc in 1841, and in the state in
which the have been left by preceding Cabinets : I therefore look
upon your position in Africa as a fait accompli, against which I
have no objection to make."
Now, I readily subscribe to the accuracy of this statement, with
the exception of the last sentence. I never said that I had now
no objection to make to the establishment of the French in
Algiers ; but that I had now no observation to snake on the
subject, and that it was my intention to be silent. The
context shows that such was my meaning; and, in fact, this
decision was the result of mature reflection. I felt that, after
ten years of acquiescence, any objections at the present moment
would have been misplaced; and that the course which it
would have been impossible for me formerly to have adopted, had
now become entirely consistent with propriety and duty. It does
not follow, however, that objections, although not expressed, may
not be entertained.

1 hive explained to the French Ambassador the misapprehen.
Kim into which he had fallen, and the erroneous statement which,
in consequence, he had made to his Government.
With the same object in view, your Excellency will have the
goodness to read this despatch to Monsieur Guizot.
I :Im, &c. (Signed) ABERDEEN.
His Excellency the Lord Cowley.