The Sun.
London, England, 1842-03-23 00:00:00

THE WEATHER.—NooN, MARCH 23.
'IV)YAL GAI.LERY OF SCIENCE, ADELAIDE-ETREET.
Thermometer— 39 nighest 44 1 Lowest 29
Bar meter 31.04.—Wind N.—Freezing Point 2 2 Deg.

inDoli WATER Al' LONDON BRIDGE THIS DAY.
Mottling. ...... 6 minutes after 11 I Evening 42 minutes alter 11.

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*trontl9:ibttton

SUN OFFICE, Three. o' Clock.

The Tory farmers and lairds of the north must feel
sorely mortified by their present forlorn and helpless
condition. For the last eight years they have spared
neither money nor labour to return a majority of Con-
sidrvatives to Parliament, in order to bring into office Sir
RonEirt PEEI,, his Grace of BUCKINGHAM; the " farm-
ers' friend," and . that able financier, Mr. GOULBURN.
Their purpose was accomplished, though not by majorities
from Scotland ; and what is the result? The whole sys-
tem of taxation is changed. An income tax is to be im-
p..sed without their consent, and almost without their
knowledge, and many of the customs' duties so al-
tere'l.s to injure them materially, without benefiting
the trade and manufactures of the country. To do the
great body of the electors justice, however, they did not
look upon a PEEL Cabinet with the same complacency
as these purblind Tories. They preferred the ills they
knew -to those that another system might produce ; they
returned a majority in favour of the extensive measures
of commercial reform proposed by Lord JOHN
itUESELL, and the result has only made ma-
nifest their Jtidgrilent and foresight. . The new
• scheme will work most injuriously for Scotland. Since
the.use of steam-boats has become so common, a large
coasting trade has been carried on in cattle, sheep, fish, and
other productions of the country for the London market,
:is well as the interior., The permission, according to
the new tariff, to import live cattle at a moderate rate of
duty, and fish duty free, will of course raise a gene-
ral outcry all along the eastern coast of Scotland,
and the excitement will not at all be lesSened
by the deterinination .of the Tory Premier to im-
pose an income tax on. the parties, who will thus be
.the-• greatest sufferers. When the proposed changes
Ate fairly understood, Scotland, almost to a ntan, will be
opposed to them, and we need not wonder, therefore,
that such eagerness has been displayed to make the
measure irrevocable before the sense of the country can
be ascertained. Even the Tory landlords will soon find
that they have made a bad bargain in exchanging
Lord JOHN RUSSELL for Sir ROBERT PEEL. With
a fixed duty on grain, a great reduction in sugar,
O-)ffee, and other Colonial produce, and a judicious alte-
ration in the timber duties, they would still have suc-
cessfully competed with the growers of foreign eorn,
while an impulse would hive; been given to our manu-
factures, and the demands for agricultural produce in the
home market been greatly increased. Have they any
such prospects froer the•new tax and the new tariff ?
We wish them joy of their bargain,

The statement made by Lord STANLEY in the House
of Commons last night respecting the condition of the
Negroes in our West Indian Colonies will gladden the
hearts of the friends- of ematteipation throughout the
world. The question of the morel inferiority of the
Negro race is for ever set at rest by the gratifying facts
which the Noble Lord communicated to the House on the
high authorityof the Governors ofJamaica and Demerara.
In the year 1840, the Governor of Jamaica, Sir CII.UILES
111KreALrE, reported the condition of the coloured pep-
lation.of that island to be ,most gratifying. They -en-.
joyed not only the necessaries, but most of the -comforts
of life ; they were well clothed ; sent their children to
best schools ; were in a condition to sub-
scribe for the building of churches and chapels ;
were. regular in their attendance at • places of
Divite worship ; and were free from crime. All this is
exceedingly „gratifying, and the only drawback upon the
• icasure with which we record it, is, that •no such
.account can be given of the condition of the white la-
bouring population of England. We rejoice that the
korerninent has made a paradise of the West Indies ;
lint it would greatly increase • our delight were
a prospect held out that similar effOrts would
ix) • made' to place the social condition of the whites
~t England on a level with the .blacks of Jamaica. Lord
speech supplies materials for some oh:len-a-
whieh we have not room for to-day, but the sub-
ject is .altogether so important that we shall return to it.

We have ,received-* file of Port Nicholson (Xeiv
.7,l,aland) papers to the 6th of November inclusive:
.7E. New Zealand Gciiilte of the latest date says that
Ow' state of the colony is thoroughly sound, anti that
commerce and agricultUre are ulanifestly increasing.
11, proportion, as the settlers become acquainted
it 4 the climate and the owellence
.of their position,
the conviction strengthen that their 'sue-
,:from these -Sources of colonial prosperity
Wig be very great. Port Nicholson is rapidly
r:i,;71,,..; into commercial importance. Whalers were be-
-I.*ining to see!: supplies there instead of going to Syd-
ney, and the town offered a very good market for Oil and
-Whalebone. Instead of obtaining supplies of English
goods by way of Sydney" the Garettc recommends a
direst trade between the ports of New Zealand and
those- of the mother country. The articles most
Ivanted are whaling stores, materials for ship-build-
ini;, exclusive of timber, such as rigging, anchors,
cable;, and ship-carpenters' tgols. New South Wales
WiiTs a constant market for the surplus a.,Yrieultural pro.
de,•e, of New South Wales ; and as the voyage between
Port Nicholson and Sydney is now made in eight days,
it is natural to expect that the trade between them.wil!
be very groat.
Of the administration of Captain HonsoN these pa-
pers speak vary unfavourably. We think it better to
leave these disputes, to be arranged between the New
Zealand Company and the Government. To give one-
*hied complaints against a governor placed in the diffi-
cult position of Captain HonsoN in a new colony, would
bc, to &part from-a practice which we endeavour to fol-
low in all such casts.

ger
By way of New Zealand We have received Sydney
papers of the 23d of October. The commercial atiajrs
of Sydney continued in a most deranged state. Several
commerciiil houses had' failed; and among • them the firm
of GORE and Co., fur 165,000!. An impression orevailed
that the worst was still to come. Goods had been sold
by auction at the ruinous loss of fifty per' cent.
upon the cost price,
,and yet then the de-
mand was inconsiderable, as purchasers were wait-
ing for still'greater sacrifices. To add to the melancho:y
prospects of the colony, the crops Were burnt up for
want of rain, and there was no grass for :he sheep. A
Nev Zealand journal says, that some years of prosperit.)
must pass over before New South Wales can fully re-
cover fmin the distressed condition into:”-hich a variety
of causeiliaie- fjpoed:her. We quote thir foiloviing 11'6
one otthese papers :

• ' ;

We have seen letters from Sydney, by the Matilda, stating
that labouring men were being engaged at 10d. a-day, and
rAtioni. This it -124 per arm*, 'and the wit of the rations_ is
about 381. ; togethet, 38/. per annum. Another letter stated,
that tine employer had engaged ten men fir 1701. per annum
or [7/. a-year, , and rations at. 261., making 431. per annum.
Wages are stated •to be' 'nearly as low in Port Phillip,
Van' pieman'i Land, and Smith Altstralia. And even
at this wretched reward for' industry,
_it is stated to •.be
difficult to get, employment in 'those- colonies at the present
moment. . We‘believe these rates' ifietnelloWest ever known
in that parr of the world, arid is'ite'strongest pivot* of the up-
hinged stateof affaimin,those eolonies. lt cannot be expect-
ed that this depression will 'long' endure; and we bope future
accounts will describe the labourers lot to be rapidly advancing
to that 'state which the industrious,'when they are leaving home,
reasonably expected to find on their arrival. •

There is no political news of interest in the Paris
of Monday. save what will be found in our F -
reign Summary. We quote here a few 'extracts froth
them.

It is said that the'Prince de Join Ville will' shortly sail for the
Indian and China seas. It is in eontemplation to form tyre
large. cemeteries fur the Capital, outside the continuous wall.
Vire'srt conclude that the present live of the octroit, which
forms the- egal boundary of the city, will be suppresser!, and
for_
the Villages which are on this side of the said wall,
will be annexed to Paris; this will cause numberless changes
in the 'sly et property. '
e. Inditateu_r, ot•Bordeaux, states that the number of
btn3!lifttgees'belonging to the Christino party, who have
th'PertSgal, in consequence 'of the failure of the
uctober.plott.ankomityte3,6oo; They have been incorporated.,
in the Chartist army:and it i ported, says the hidicateur,
that the SPanish Itegent ha: re
sent several communications to
in the
Lisbon
PtO detni the thibanding of the Spanish refugees now
ortuguesend. army. It is stated in the I,i'manchipati
on of Toulouse, that several Spanigh refugees
residing in that town, have received orcd'efrnsot from wh?e a_ "v.e' been
ment to remove to a eater ance f HT °ve!'"-
The same journal stategrs, that Ge rom pettish frontier.
neramirieton,
ex.
Commandant of jarragona, and the Baron de 11.1jer, ex_captain.
General tif
Catalonia, have received orders to uit Aloutauban.
The 'Debuts give a letter4riiiii Barcelona stating that the
factious bands increase dailYgn.liunlbers, and cause terror to the
inhabitants of the villages: Messenger
A letter from Oranr'of the Bth of March, states,. Auei.
'Ceder is now waYkkirrig about, accompanied by his brother and
some slisew 4 The Emir, frcini:hiS loss of .power, and froth his
being abandoned by those whein he had brought up, has bowie
exceedingly -suspicious and distrusf.7ul. • His former "kalitas,
Blustapha BeiGhamat;:ind the Kaid 'orDlassara, no longer
some near him, and he often goes ten. leagues without tars
attendants knowing atiything of the 'Mitten It is reported
that this.. Gcrvernor-Generar intends matelting against
drama. This. ,seven . would hridoulktedli';' . be useful ; us
in keeping; .d' any :attempts; that the Emir • may make
to excite "revert. -It is a rich place, and gossesses. one
of the best-furnished markets' in the country-. The Arabs i
trom the gorges, from Tafna, and from the frontiers of

Morocco repair there once a week in great numbers, to sell
their goods. At Mostaganan new submissions have been re-
ceived. The communication with the interior are perfectly re-
established, and for twenty leagues round we live as securely as
in France. The weather has become fine, and the health of
the troops se good. that the hospitals are nearly without sick.
General-Bugeaud is expected back in a fortnight. We have
received a supply of provisions and stores, which has brought
duw Ole prices of articles of consumption."—Le Constitutionnel.
.H AIIIIIU RGH BORSENHALLE, Illstien la,
Austrian 5 per Cents. Bills. Money.
........... . lOo% 109
Bank Shares
Anglo-Russian Loan .......................... .
soni:erisCtesnetr.iel-81;e.a..n.d Co., Id and 4th 104
IRnus
scsriiapnt i
Series
!,)
Ditto in Certificates
DNeuwtch4 ItcrtuCaelnnt. f 9
Debt, i 3 per Cent. ...... 5811 i 519
Ditto 5 per Cent.
168
New Tickets l6B
Anglo-Danish Loan, 3 per Cent
Spanish, New 5 p-r Cents.
• . HAM 3fAERXCHC
BURG,
HIBA is GE ON
T LONDON
—wo months, 13 9%.
STOCKHOLM, MARCH U.—Seventy-five days."l2. 16.
PRUSSIAN FUNDS-131mm. Mann 10.

Dm%

" Bins, Money.
St. &Mild. Sch., 4N, per cent. ........... lO5. 1044 G
Prussian English Loan, 1830, 4 per cent 103 10'24
Exchange on London, three months — 622 LT
—Prussian State Gasette.March 16

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The English Funds remain firm, although sales on private
account to some extent have taken plane ; one broker alone
selling upwards of 50,0001. The rate of money has materially
altered from yesterday, being now 5 to 6 per cent, from day to
day, and 4' to 5 per cent, for longer periods. Consols are
quoted 891 for immediate transfer, and 89:4 for the Account.
India Bonds 8 to 11, and Exchequer Bills, 29 to 30 premium.
The Foreign Market is quite empty, jobbers beinglengaged
at the Spanish meeting. No business has been done. "Mex-
ican is quoted at 40i 41*; Colombian, 25i 26 ; Peruvian,
24 26 ; Portuguese, 201 ; and Spanish, 241.
In Railway Shares, Brighton are quoted at 3614 ;. MaVaes-
ter and Birmingham 28 , North Midland 69 to 70;. th'eNew.
Shares, 221. 13s. 4d. ; Great North of England 87 ; Great
Western 91 to 92, with rather more inquiry.
In the Discount Market there is a scarcity of first sort com-
mercial paper, and accommodation can be procured upon rather
easier terms.
Among other items of the proposed change in our commer-
cial policy, the propriety of imposing a duty upon the export
of coals, is beginning to be seriouslydeubted. Those friendly to
the measure urge that the tax will in reality be paid by the foreign
consumer, whore competition this country has reason to feat,
and that by thus much enhancing the cost of the production by so'
much are our own manufaCture.s.protected. The oppocents, on
the contrary, contend that the burden will, in reality, have to
be borne by our miners, in consequence of the reduction in
price, which must necessarily be made, in order to equalize the
increased charge, in point of fact dividing the amount of
duty between the buyer and seller. Each of these parties
overlook one very, material point, and it is upon this in parti-
cular, that attention is now being directed, namely, the supply
for steam navigation abroad, and the dread of competition from
America." The West India steam boats at present form
but the first link of a mighty chain of communication,
which if properly fostered, appears likely to work an almost
complete revolution in the world generally, and affecting
this country in particular. It is intended that a line of packets
shall ply the whole way down the west coast of South America,
and although the vessels which were sent out to run upon this
station have, unfortunately, been lost, the scheme is at present in
abeyance ; but as soon as others can be built, the communica •
tion will be resumed, the Governments of Chili and Peru
having given advantages too valuable to be lightly thrown away.
In connexion with these, it is intended to have ether vessels
plying between them and New Zealand, and our Australian
Colonies, by means of which, when the passage across the isthmus
of Panama be opened, the time consumed in a voyage from
'this country to the most distant of our settlements in the
Southern Ocean will not exceed forty-five days. In the im-
mediate neighbourhood of Port Phillip, large mines of excel-
lent coal have been discovered. and which, when
the populatinn becomes larger, may be advantageously worked,
thus affording a new employment for capital, to be expended in
promoting the welfare of the place from which it is to be drawn.
No fear exists but the mines already in operation are sufficient
for the present supply of the Southern Colonies, where the ap-
plication of steam power is rapidly increasing, now that a
superabundance can be obtaii.ed for the purpose of extending
commercial enterprise. It is feared that the supply for
the vessels employed between this kingdom and the
eastern coast of America, if iropedipents be thrown
in the way, will be obliged to be drawn from the United States,
• where, especially in Penn3ylvania, the increased quantity of
coal procured will seriously enter into competition ; and hence
the doubt, if it be correct, to levy one rate of duty on exports
in foreign as well as in British vessels, and without reference to
the purpose.fer which the coal is to be used.
Beyond the usual continental mails, there are no foreign
arrivals.
A vessel from New York is reported to be off Holyhead, but
it is doubtful if the intelligence will arrive to-day ; the accounts
will be one day later.
COURSE OF EXCHANGE-L(YESTERDAY.)
Amsterdam CF. 12 8 ,Gibraltar
Ditto, at sight
Antwerp
flamburgh M. B. 13 14 Venice
' Altona
Paris, 3 days' sight ... 70 iPal Palermo, per oz 120
Ditto, 3 months f2‘.l 95 !Lisbon
Marseilles
Bourdeaux 26 0 !Rio Janeiro
27
Frankfort on Maine... 152 Bahia
Petersburgh, 3Us ... 37 (Buenos Ayres
7 ,New York,2l days sight 46i
Vienna, effee. fl. 3 M 955 Philadelphia 46
Trieste, ditto
9 ,
Madrid ...
Cadiz '
Bilbao .. 351 INew Doubloons 0 0• 0
Barcelona - • 35/:, (New Dollars • 0 4
.91
beville
LIVEMPOOI. SHAME MARKET, MARCO 22. —There was a
good demand to-day fur Eastern Counties' Stock, but very little
inquiry for other descriptions. The 'prices were :—E.astern
Counties, 91. Bs. 6d., aril the debentures 9/. Bs. 2d., both ex-
dividend, the new debentures 11. 18s. lid. premium ; Manches-
ter and Leeds Quarter Shares, 41. 4s. 2d. to 41. ss. ; Grand
Junction, 176, and the Halves,
LIVERPOOL COTTON MARKET, MA RCII 22.—Was very
quiet, with a bare inquiry far all descriptions prices, however, I
were unvaried. About 3,000 bales were sold, including 300
American for export ;200 Surat.> at 35 to 4E; 30 Bahia, 7d. ;
50 Egyptian, 7d. to 70 ; and 1,720 American, at 40. to 7d.
.31A NcllEsTtit. 6TOCK EXCHA NOE, MARCH 22.—We
cannot report any improvement in our market. Our transae-
tirms are confined to the following:—Liverpool and Manchcs-
ters, 176 ; South Westerns, 59* ; Manchester and Leeds" Old
Shares, 801_81, cum. div. ; Ditto Quarters, 43, cum. div.
CLOSING PRICES
• BRITISH FUNDS.
Bank Stock lndia Stock
3 per Cent Red. 'Ditto Bonds
3 per Cent C0n5.......,. 891 Ditto Old Anntiities
3} per Cent Red .
New 31 per Cent
New 5 per Cent.
Long Annuities ;,oexpire Ditto Small 27 pm
Jan. 1660 .. Bank Stock for Acet...24oi
Oct 1859. ........ 'lndia Stock for Acct....
Jan. 1860. ...... 12 7-16 Consols for Acct B9l
FOREIGN FUNDS.
Austrian, 5 pra cent.... Portuguese, 5 per cent
Belgian, b psi cent — Ditto, New Ditto
brat ill an Bonds. — Prussian, 5 per cent.
Buenos Ayres 6 per cent -- !Russian, 5 per cent ....
Chilian, 6 per cent... !Ditto, Meta11ic....... --
Colombian, 6 psi cent. ;Spanish, 5 per cent. 241
Ditto, 1824.......... ... !Ditto, Deferred....
Danish, 3 per cent — • iFreneh, 5 per cent. —l. —C.
Greek, 18'45, 5 per cent — Exchange f -•e.
Nlexican, er cent.... 41 French, 3 per cent —. —c
Ditto, 6 per cent. 1637 !Mitch, 2,1, per cent. 52A
Peruvian, 1825, 6 per et. I Ditto, 5 per cent. .. . 103}
SHARES.

Eastern Counties Raiii;;Y(23paid) ... . —
Ditto Debentures ( paid) ....
........ —lll 6s Sd
Great North of England Railway (100 pd) 87
Great Western Railway (65 paid) 92
Ditto New Shares (50 Paid) ••• 634
Ditto Fifth (4 paid)
London and Brighton (50 paid) -
London and Croydon Railway (Trunk) l3i
Manchester and Leeds (70 paid)
Manchester and'Birtningham (40 paid) ..... 28
North Midland Railway (1(10)
Ditto Thirds ( paid)

• LLOYD'S SHIPPING—,-(THIS DAY.)
LONDON, MARCH 23.—Wind at noon, N. to W.N.E.
RA MSGATE, MARCH 22.—SId. Diligentia, Batavia; Anna,
Robertson, Madras; Orbre .a Pain, Rio,; Jenny, Jamaica.
The Sir Walter Scott, Coulson. from Shields for Bermuda,
which_pizt in here= 14th in,t.,. with damage, is discharging her-
ca
AL, MA RC1122. —Wind N. N. E. t .N.W. , moderate,— .
rg.
y
Arrd. from the River and sld., Mediator, New York; Era,
Rio ;.'Juno, Havannah. Sid. Seaton,,Bombay.
LIVERPOOL, MARCH 22.—Wind, N., fresh.—Arrd. Celia
Large, Mor;n, Jamaica ; Czar, Fowler, Charleston. Sin.
Oriental, Buenos Ayres ; Wilberforce, Maranham ; Mary Bal-
lard, Havannah ; Powhattan, New York. Arrived of, Oxford,
New York.
OFF DOTER, MARCH 22.—Balley, Sinclair, Pert Welling..
ton, New Zealand, sailed 28th Nov..; Talswedel, Hamburgh,
for Atlantic Johanna Caesar, .
PORTSMOUTH, MARCH 22.--Wind N.N.E:—.5ld. Mary
Isabella, Smyrna.
COWEs, Ma nen 22. —Arrd. Caravan, Hohermann, New
Orleans.
PLYMOUttf, MARCH 22.—Wind'N.—The Bernard, Dum-
bell;bound to, Sierra Leone, is detained, eight of the crew re-
fusing to proceed.
FALMOUTH, MARCH 21.—Wind W.N.W. to N.N.E.—
Arrd.Braganza(st.) for Vigo. Sid. Helen Mary, Ceylon; Janet,
Maui itius ; West Indian, St. Helena ; St. Christopher, Sierra
Lebne ; Wilberforce, Sir J. R. Reid, St. Kitts ; Naviga-
jeur, Martinique. Arrd. off, Eliza Heywood, Stott, Buenos
'Ayres, left Jan. 2, and sailed for London. .
.cllttroun, MARCH 21.—Sid. Henry Winch, La Guayra;
Britton and Marquis of Bute, New York.
SiROMNESS, MARCH 16.—The William Hannington, Inch,
from Shields to New York, put in, here to-day leaky, having
struck on Rattray Briggs, and must discharge to repair.
SHIELns, Makers 20.—S1d. Charlotte, Havannah.

THE MARKETS.—(THIS DAY.)
CORN EXCHANGE,
The arrivals of, Grain. since Monday have been moderate.
The WI ett trade firm at Alonday's. prices. Barley and Oats
. were held at Monday's rates, but with little doing. The Flour
trade mce;.3 with no improvement.
COLONIAL MARKET.
'1 he demand was limited • but holders were firm, and ob-
tained full rates for nearly all articles.
TEA MARKET. •
The demand continues dull, and the public sales go off with
exPet ding heaviness ; scarcely one half has met with buyers.
Company's Congou. 14. 1.04,1. per lh. Cash. •
TALLOW MARKET.
The' transactions ana 475. 9d. was accepted for
fine. Russian on the spot.

SPORTING INTELLiGENCE.
(RECEIVED THIS DAY.)
MANCESTER BETTING.
C.IIESTER CUP.-9 to 1 agst Lanereost (t)-9 to.l agst
Vulcan .(1--11 to 1 agst Alice Hawthorne—l 2 to 1 agst
Marshal Soult-14to 1 apt Roryl.o',lllore (t)-15 to 1 agstli he
Squire,:-IEI to I agst Cormorant (taken freely)-18 to 1 agst
..119n_a--2010 1 agst Jolly Tar-22 to 1 agst Satirist-22 to
'44-,.urillakeen.,3o to 1 agst The, Alaid (t)-30 to 1 agst
7 ..to. ../aist.Attrila77lQ to I agst Auckland
.zu to.l agst Chath agst Ballinkeele=,Bo to 'I agst
agst Dirce c (t)-50 to
I.hc.X.Eird .110141eniess.(t)--3Ci,agst :Wista.4o
agst Joaiina c (9-50 to leagA Defier.
OAKS.-12 to 1 agst Sister to Yorkshire Lad-20 to 1 agst
tte Arnim& f-7 to 1 Mit Mr. Thornhill's lot.