The Sun.
London, England, 1842-10-21 00:00:00

PRICE OF SUGAR.
EFFECTS OF MONOPOLY.

CEYLON BANK.

LONDON, Om 21, 1842.
Thy fdllnti iiio aVerage priCos of Brown or Musco-
vado British Sugars, exclusive of duty; will be pub-
lished in the Gazette of this evening : ,
West India 3ld.per cwt.
• East India 36 114-
Mauritius 32' 34

A general meeting of the Proprietors and Share-
holders of this newly-established undertaking took
place yesterday at one o'clock, at the London Tavern,
for the purpose of receiving the Report-of the Direc-
tors, and declaring a dividend. As this was the first
meeting that has taken place of the Proprietors, the
Companyhaving been in existence only twelve months,
considerable interest seemed to be excited to hear the
Directors' statement of the affairs of the Company.
JAMES J. CUMMINS, Esq., on taking the chair, after
reading the advertisement calling the meeting, pro-
ceeded to read the Report, from which it appeared
that although commercial distress had existed to a
great degree in the Eastern possessions of this coun-
try, yet the Bank had gone on prosperously, and was
likely to do so; that during the year that it had been
established not a single bad debt had been incurred ;
that a Committee of Management had been established
at Colombo ; that the Company had obtained from
Government an extension of three years for paying up
the capital, that authority had been sent out for the
establishment of a Branch at Candy, that the nett as-
sets of the Company were 80,528/. ls. 6d. on the 30th
of June last, that the paid up capital in London at the
same period was 68,7301. and that in Ceylon 5,145/.,
and that after deducting all current expenses there
was a nett profit of 6,6531. Is. sd. Taking, therefore,
all these circumstances into consideration the Direc-
tors had thought it consistent with their duty to pro-
pose a dividend of 6 per cent., carrying forward the
balance that remained to the next year's account.—
(Cheers.)
Dr. BOWRING wished to know what was the amount
of notes the Bank had in circulation in the Island ?
The CHAIRMAN said about 9,0001.
Dr. BOWRING—Are the notes payable on demand ?
The CHAIRMAN—AII the notes issued by the Bank
are payable on demand
A PROPRIETOR wished to know what was the rate
of interest in the Island ?
The CHAIRMAN—Nine per cent.
.Mr. PoTrs was anxious to be informed whether the
Bank was in the habit of lending money on real pro-
perty in the Island ?
The CHAIRMAN said the Bank confined its business
to the discount of commercial paper. —(Cheers.) .
Mr. POTTS was extremely glad to hear this, and
trusted that the Bank would persevere in the course
it had adopted.
Dr. BOWRING suggested the propriety of publishing
the Reports befoi e the meetings took place. He
thought the adoption of such a course would be at-
tended with great convenience.
The CHAIRMAN did not think the printing of the
Report would be attended with the advantage many
Proprietors apprehended, but if it was the wish of
the Proprietors, of course it could be done.—ln an-
swer to a question from Mr. Wilkinson, the Chairman
said he was happy to be enabled to state that the pre-
liminary expenses were very small, that they did not
amount to more than 2,0791., that of that amount
4251. was paid, and that the balance was proposed to
be paid off in six years.
On the motion of Mr. BROOKS, seconded by Mr.
ROBINS, the Report was unanimously agreed to.
The CHAIRMAN, in answer to the question of a
Proprietor, said the list of the Proprietors would be
published, and that any gentleman might see the
Charter who was anxious to do so.
Mr. POTTS wished to know whether the Directors
meant to pay the Income-tax, or deduct it from the
Proprietors ?
The CHAIRMAN said they were bound to deduct the
Income-tax from the dividends of the Proprietors, but
they might depend upon it they would not keep more
from the Proprietors than they had to pay to the
Crown. With respect to the prospects of the Bank,
he was happy to say that without a single exception
all the commercial houses in Ceylon had opened
accounts with their Bank.—(Cheers.) From the
Government also they had received the greatest
encouragement ; in addition to giving them an
extended time to pay up the capital, they
had given up the practice of, giving to merchants
and planters bills on Candy, thereby affording
to the Bank an opportunity of taking up the
legitimate business of banking; and he would add,
that it was with the concurrence of the Governmen

The total average price of the three descriptions is
355, per cwt.
The actual weights of Sugar sold on account of the
importers, in the week ending the 18th inst., accord-
ing to the returns made upon oath by the Sugar bro-
kers, in compliance with the Act of Parliament, and
on which weights the above prices are computed, con-
sisted of 28,895 eivt, West India, 2,835 cwt. East
India, and 5,342 cwt. Matrititts,
About 4,000 cwt. of dark unsound Sugar have been
sold in the same week at from 225. to 255. per cwt,;
one portion of which being classed as East India,
and the other as Mauritius, unfairly depresses the
average prices of those two kinds of Sugars, and by
so doing, of course reduces the total average price of
the three descriptions.
It is whispered in the Sugar market, that, amongst
other important matters, Mr. Ellis has been sent to
the Brazils, for the purpose of impressing on the Go-
vernment there the mutual benefit to be derived by
both countries-by a reduction of duties, and of pro-
posing that the duty on British manufactures im-
ported into the Brazils should be reduced to 15 per
cent., ad valorem, and that, in return, the British
Government will admit Brazilian Sugar to consump-
tion here at a duty of 15 per cent. on, and in addi-
tion to, the duty of 255. per cwt. now imposed on
British Sugars. This will reduce the duty on that
sort of foreign Sugar from 665. per owt., which now
operates as a prohibition, to 295. per cwt , giving the
West India interest a protection of 4s. per cwt.,
which, on all the British Sugar now imported in a
year, would be equivalent to 800,0001. sterling.
Whether there be any truth in this rumour is difficult
to say, but it would be more difficult still to assign
any just reasons :why the Sugar-growers should be
allowed to fleece annually this impoverished nation
out of such a sum of money as 800,0001. sterling.
It has been with much truth stated by an able
writer on the subject (see third edition "On Financial
Reform," page 244), that there are only three ways
that colonies can be of any advantage to a mother
country; first, in furnishing a military force ; second,
in supplying a revenue ; third, in affording commer-
cial advantages. In contemplating these three re-
marks the question naturally suggests ;itself, do the
British West India Colonies in any of the ways named
requite the mother country for the enormous sacrifices
of life and treasure which she has for years and years
past lavished on them ? 'With regard to furnishing a
military force, have they at any period of their past
history, or do they now, aid Creat Britain in that
manner ? Certainly not ; for, on the contrary, they
constantly require the presence of many regiments cf
British soldiers to enable the colonists to command a
due observance of the barbarous laws which.they have
themselves concocted for the purpose of keeping the
black population in a wretched state of degradation
and subjection; and in time of war a much stronger
force. Taking the period from the commencement to
the termination of the late war with France, it is re-
corded that Great Britain was frequently compelled
to cripple her own means of defence, by sending
ships and regiments to secure ;these value-
less possessions from capture, and she ha's had in return
for this misplaced protection, the misfortune to wit-
ness and mourn, without any beneficial result, the de-
struction of a greater number of brave men
through the pestilential effects of a West India cli-
mate, than were killed, during the same period, in the
numerous battles gloriously fought and won by the
Duke of Wellington. How many battalions, 600
strong when embarked, have been reduced by a few
months' residence in the West Indies do mere skele-
tons; and how many thousands of recruits, sent out
to complete the ranks of these regiment thinned by
disease, have also perished, without even hearing a
shot fired in anger ? The geographical position of
these islands, it has been said, is important in a mili-
tary sense. Such an assertion may be justified when
applied to Gibraltar or Malta ; but to the West Indies
it is worse than a waste of words ; if they were obli-
terated to-morrow from the map, they would not, for
their military utility, be missed. So much for the
first. The second observation relates to raising a
revenue for the benefit of the parent State. Whe-
ther that be practicable or not is set at rest by an Act
of Parliament, which declares that no taxes or duties
shall be levied in the Colonies, except for their own use.
The third way in which colonies may be valuable,
is in affording commercial advantages. The trade
with the West Indies consists in their buying about
three millions worth of manufactured articles, the
production of this country, upon which the manufac-
turers may possibly obtain a profit of 5 per cent.
The freight outwards of these manufactured, goods is
merely nominal, so that the colonists, apply where
they please, could net obtain similar articles more
cheaply, or more regularly, from any other country
than they get them from Great Britain. If the West
Indies were under the control of the United States
to-morrow, and her merchants could exercise a free

will, their own interest would guide them to our
markets. The Act of Parliament restricting them
to make their purchases here, is consequently a
' dead letter • there is no need of any restriction
of the kind. A West Indian pays our men-
chants no more than another customer would pay
them—there is no favour conferred ; there are, con-
sequently, no thanks due for the transaction.
Thus much for one side of the book; now let us turn
our eyes to the other, for this we refer our readers to
the article under the head "Price of Sugar," published
in The Sun on the 7th instant. We pay the West
Indians 19s. a cwt. for their Sugar more than they
could obtain for it elsewhere; 325. per cwt. for
Coffee; something considerable for Rum, the protec-
tion of the latter as against Brandy being 14s. per
gallon ' • and in favour of each article of produce im-
ported from these colonies there is imposed on all similar
articles, the production of other countries, a strong pro-
tectirg duty; these protecting duties compel British
consumers to pay in the aggregate 5,000,000/. sterling
a year more for West India produce than they could
buy in other markets similar articles of a better qua-
lity. In a commercial point of view, therefore, Great
Britain loses immensely by the West Indies ; it may
suit the purpose of the proprietors of Sugar estates
very well to hide the costly deformities of these worn-
out possessions by mixing them up in the general
term colonies, and then vaunt about the advantages of
ships, colonies, and commerce ; but, somehow or
another the public at large has discovered that there
are two kinds of colonies, namely, good and bad.
Great Britain doubtless possesses many valuable and
important colonies—possessions whicl handsomely
requite her for the protection she affords them.
She has also, unfortunately, others of a directly oppo-
site character—colonies, which, for time immemorial,
haVe been, and now are, a source of frightful exendi_
ture and of heart-siel,— r vexation to her. In this
;Jest Indies stand prominently in advance.
Common sense dictates that the mother country should
either insist upon an entire alteration in the manages
ment of these solcipiesi str ata_

that a Bank had been established at Candy. He could
assure the Proprietors, that it was with great satis-
faction that he announced the prosperity of the Bank.
In all his experience, he did not know of an infant
establishment like the present, one that had only been
a year in existence, that had done so much, or any-
think like so much, business as the Bank of Ceylon.
—(Cheers.) He begged, in conclusion, to assure the
Proprietors that, in declaring the dividend of 6 per
cent., the Directors had not gene beyond the earnings
of the Bank in Ceylon—(Cheers)---and that, if they
had not a strong confidence in the progress of their
business, justifying a continuance, and perhaps an in-
crease, they would not have declared a dividend of
6 per cent.
Dr. BowitiNia wished to know whether the Direc-
tors intended to make further calls on the Proprietors ?
The CumnmAN said, that as soon us the business at
Colombo exhausted their capital, they would make
another call upon the Proprietors., but not till then.
Mr. HANKEY observed, that the Directors did not
intend to levy any contributions on the Proprietors
for their services up to the 30th of June
,
(Cheers,) If the Proprietors were satisfied with their
exertions, that was all the remuneration theyrequired,
A PROPRIETOR lamented that some proposition had
not been brought forward
that day to remunerate the
Directors for their great and successful exertions._
(Cheers.) Ho hoped it would bu considered at a
future meeting,
. _

A vote of-thanks was then proposed and carried
unanimously to the Chairman and Directors, and the
meeting separated.

DREADFUL DISASTER AT SEA.
(From the Waterford Mirror.)
Intelligence of the following disaster, attended,
there is every reason to fear, with the loss of the
crew of the vessel run down, with the exception of
one man, the writer of the subjoined statement,
reached this city on Saturday. it appears that the
brig Dundonald, of Troon, D. APNicol, master, which
sailed from this port on Tuesday evening for Troon,
laden with ballast, came, shortly after her departure,
in contact with the schooner Kirby, laden with slates
from Dudden, a small seaport on the borders of Lan-
cashire and Cumberland. The only particulars that
we have yet learned are contained in the letter at
foot, written by one of the crew of the Kirby, which
letter he handed to the pilot authorities at Passage of
Waterford, where he arrived in the Maid of Alostyn.
It is to be remarked, that the letter is not signed with
the writer's name.

The .Dundonald took her departure from Hook.
Tower at eight o'clock on Tuesday, evening, and her
collision with the Kirby occurred about three hours
after, and about sixteen miles from the Hook. • We
learn that the night was rather cloudy, but that the
sea waS smooth With a light breete. While we
anxiously await some • further intelligence, and in
particular the version of the occurrence to be given by
the Dundonald, we think that it appears at least some-
what probable, from the following letter, that the Kirby
itad the temainder of the crew went down :—`, This is
ttl eeiiify that the schooner Kirby, of Dudden, was
from Dudden to Youghal, with
toti Tuesday, October 11, betwixt
n.m... the brig Dundonald, of
tliliolgiiiioigiasilszigidei_ 4
" . —44, one
another about a mile to the southward of the Con-
got entangieu \ , ..__
Troon, and the said schooner,
nibegs Light-ship, when the master of the schooner
ethaoll;d6aidditi tid ills
iittilydduli You will run us down ;
rriglielin doWrii' ante itnitiediafely
'
the ssel stitielt, tiihen our master Called out, 4 8.4
t§_.ool,lo de,isiv4iiii; pails
jtiontSeltreg if- jrOn ban i'
With that I lett the nom, anti r:'.l4. §Ritiftlioild gdi
hold of the brig's bobstay, along with my shipmate,
but I not know whether he went overboard or not.
Therd*tifi one of the brig's crew assisted me in getting
giving orders to his men about hl3
over the bowel When I got on deck I heard m master
- say, i Oh, deaf, eaptiiiii, AtAtid by us 1' and he gave him
as
near
e the e lest words I heard
no answer, but was
jib-boom; for it was carried away, I
kept looking
as I can calculate I
1112.• thertijiliisteh:tiontheirh,tiiitnet
my Captain say, were, ' 011, my dear Wite4i I went tothq
Captain of the brig, and said, `You would better stritid
towards. her ;' and he said, ' What good can Ido ? Let
if. he would allow his men to pull
us get our own jib-boom in. I wanted him to put me in
r;q;1
lianas
thq
board the Lightship, but he would not do it, and I re-
maino on board osfelilleontielrl,Tahnudrhsdeaiyialtdheitl3:wtash, waiideanisli
saW A schooner standing in for the Tuskar Light. I
nia sell eat
otztlitetiOnalpittahien
she .- • AI "—^ nf tha. •
work, n was so tar orr, anu i,..... ~
would go, and he said `Very well, call the bawls 4.4
So we lowered the boat and pulled towards the
schooner, and made signal to her, and she hove to
until we came up to her, which we found to be the
Maid of Mostyn, Captain Edwards, bound for Ross,
and I asked a passage from him, and he told me to
• -.4 kw*, g cm., then: She was about
come aboa,— - 0
j,. 4,1 cd. Tusit . ,
~ _
At Lrght: We
e
seven miles to the r.,,J., . I.' -
gt 111ae)' iwriter
expectation the°
expectation
of able to prosecute her
state-
ment, It appears that he was a north of England
tx;e4ctEit imlygi
foaayvf
ineanaeon.ntdg hli learned
Naes,
etohteorunotesohti elotonhno
:at
that
r yeti oloefu
will be rea-
lized. Her crow consisted of the master and three
men, and it appears that the master's wife was also
on board,

Tint REGIUS PROVESSOBSIIIP OF DIVINITY,—WO
hear that the following Rev. Divines are likely to be
candidates for the important dice of Regius Piofessor
of Divinity :---The Rev. John Graham, D.D., Master
of Christ's; the Rev. Samuel Lee, Queen's,
Professor of Arabic, and VrebenaAry of Bristol; the
Rev, W. H. Mill, D.D„ Trinity? late Principal of
Bishop's College, Calcutta, and Chaplain to the Arch
bishop of Canterbury; the Rev. Christopher Words-
worth, D.D., Trinity, ard Head Master of Harrow.
—Cambridge Advertiser. • • •

THE SUN, LONDON, FRIDAY MORNING, OCTOBER 21, 1842.

NEW MUSIC.
THE BANKS OF THE WYE. A Ballad.
Novello, London.

ELECTORAL DISTRICTS, ONE OF
THE POINTS OF REFORM SOUGHT FOR.
(FROM A CORRESPONDENT.)
No person who looks at the inequality of the popu-
lation in cities, boroughs, and counties in this United
Kingdom, that send Members to the House of Com-
mons, can do otherwise than exclaini, " Such a state
of the representation ought not to continue?' That
Harwich, with less than 200 electors, and the Tower
Hamlets, with 16,000 electors, should both send the
same number—viz., two, representatives to the House
of Commons.
The formation of electoral districts, into which the
whole kingdom should be divided, with the popula-
tion in each as nearly alike as the several parishes in-
chided will allow, and each district sending one re-
presentative, is one of the points in the Complete
suffrage Movement, and also in the People's Charter.
As we know that many good Reformers, who are
willing to agree to the Extension of the Suffrage and
the Vote by Ballot, as part of the scheme of reform,
yet object to the dividing the kingdom into electoral
districts, as a work almost impossible to be done, we
annex a copy of the electoral districts into which' the
State of New York has been distributed in August
last. By the constitution of the Federal Government
at Washington, each State is to return a number of
representatives to the General Congress, according to
its population ; and as the population increases at a
very different ratio in different States, it is directed
that after each census, taken'cvery ten years, there shall
be an alteration of the number of representatives, and
new electoral districts formed in each, i. e. a re-distri-
bution of the districts that are to elect them, accord-
ing to their population. The Central Government at
Washington ordered by Bill that the re-distribution
into new districts should be made by each State, and
as the number of representatives from New York
State has been reduced to 34 for the General Con-
gress, the Senate of that State proceeded immediately
to make the new distribution ; and it will be seen that
on the Committee of the Senate, appointed for that
purpose, making their Report to the whole Senate, it
was agreed to, and a Bill introduced and passed the
Senate without one division—thus making it the law
Of the State for future elections until a new census
shall require a new distribution. We see no reason
why a distribution of the population of Great Britain
into districts should not in the same manner be as
easily made as it was done in New York. There is,
indeed, a greater difference in the number of the po-
pulation in the districts than we should have expected,
the highest population returning one representative
being 86,183 for Genesee, Orleans, and Niagara; and
only 58,578 for Richmond and Kings—showing a
difference of 25,605 souls. But, as no objection was
raised in the Senate, there must have been a good and
sufficient reason for the same. We annex the Report
of the Senate :
NEw YORK LEGISLATURE.—On Tuesday the
Senate passed a Bill, districting the Senate by single
districts unanimously.
The following is the apportionment reported by
the Senate Committee. The rule adopted by the
Committee was to divide no counties but New York :
Dist. Territory. Population
1. Suffolk and Queen's .. 62,793
2. Richmond and Kings ... 58,578
3. Ist, 2d, 3d, 4th, sth, and 6th wards
New York .
4. 7th, 10th, and 13th wards N. York 70,594
5. 11th, 14th, 15th, and 17th wards,
New York
6. Bth, 9th, 16th, and 12th wards, New
York
7. Westchester aad Rockland .. 60,661
8. Putnam and Dutchess
9. Orange and Sullivan
10. Ulster and Delaware
11. Columbia and Greene
12. Rensselaer
13. Albany
14. Washington and Essex 64,714
15. Schenectady, Saratoga, and Warren 71,342
16. Fulton, Hamilton, Franklin, and

73,670

Clinton
17. St. Lawrence and Lewis
18. Jefferson .
19. Oneida
20. Herkimer and Montgomery 73,295
21. Otsego and Schoharie
22. Broome and Chenango ... 63,123
23. Madison and Oswego
24. Onondaga
25. Cayuga and Cortland, ,
26. Tompkins, Tioga and Chemung
27. Seneca and Wayne
28. Monroe .. •• •
29. Ontario and Livingston ... . 77,641
30. Yates and Steuben • 66,592
31. Allegany and Wyoming
32. Genesee, Orleans and Niagara 86,183
33. Erie
34. Chautanque and Cattaraugus
The bill having been read twice,
Mr. RITGER moved that the Senate do now go into
Committee of the whole on the same.—Carried.
The Committee of the whole, Mr. Root in the chair,
then took up the above Bill.
The Bill was gone through and agreed to with ut
debate, and ordered to a third reading.
On motion of Mr. Won/0, the Bill was ordered
to be printed.

This song has a good melody, and is written for a
tenor voice in the key of A flat. The words and
music are well adapted to each other, but the song
would have been more effective with a more simple
accompaniment; we should also have preferred the
cadence at the beginning of page 3, being accompa •
vied by one or two simple chords instead of so many
notes.

THINK OF THEE NO MORE
Novello, London.
We were pleased with this song during the first
eight bars because the melody is pretty, but the
rest is beyond our comprehension, being quite diffe-
rent measure, and without design. At the commence-
ment of the third page there is a rambling bit
of symphony, which does not return to its
tonic until it has been jerked through several
extraordinary changes ; this want of keeping spoils
what would have been an agreeable song. There are
points in these songs which show that Mr. Caunter
can do better things.
TVEIPPERT'S SET OF QUADRILLES.
John Weippert, London.
Mr. Weippert is a practised hand at quadrille mak-
ing, and if we consider the collection only as dance
tunes, they will answer the purpose extremely well,
but are defective as musical compositions. We notice
particularly the abrupt modulations in the two last of
the Rouen Quadrilles, and there is an omission of
several accidental sharps and flats. The three first
of this set are much better written, and the tunes
sprightly.
The Royal Scotch Quadrilles being within reach
of ordinary players, are likely to enjoy great popu-
larity. Mr. Weippert has also given with these, some
capital spirit-stirring tunes for the dancers of reels and
strathspeys, which dances we hear are likely to be-
come fashionable.

The Royal Philippa Waltzes are very pretty, and
having a definable melody throughout, they are well
adapted for this sort of dance ; they have also the
-.rit of facility, which in these days of Lanner and
nl.._to be met with.
Strauss is ra-
fLe Postillon de Long jumeau
The pretty opera .
and for the rompinseng.,
makes very good dance muse,
rtishing; galoppade better couia. 2ot have been chosen.
These galoppea we recommend, ttitil,v are spirited
and will give Mit little trouble to the perto,7cr•

Tits' 41, ~. r. , ;,,i
FRAUDS ON itmitairck=---knO.i 4ttention of the
public has been recently directed 0 the digtOtety• of
a series of frauds, which, it is alleged, have been c- .
'pitted upon the revenue by the aid and connivanceni-
of soine of the officers of the 'Customs. An ' n veimstie in
ga-
den itito the eirtdritistances has been forsomee time
progress, condtteted, it,* believe, by the landing sur-
veyors, the senior officers Of that &Tartu-tent through
which the revenue has been defrauded, We have ab-
etained from any comment upon these proceedings
from our Inability to get at the truth in any tangible
form, and from a COniidion ,that an inquiry before
' a competent tribunal could 6%4 he satisfactory
to the public and the parties said iti 1• impli-
cated. The . question does not . rest solely [l'6.-
ttteeti the Commissioners and their of : the
adittri6reitil 'World has a right to know the whole
troth, t,Specially, where miles and regulations that are
#iiii6iiillg, 4lf7,t!ipiffl7 ohnotious and troublesome have
t)een fornia flt;' be inoperative for the collection of the
revenue. The evidencle on' *Mcl such charges are to
be sustained should be taken by A6fili 60 acquainted
with the rules of evidence, and in an open COnit the
witnesses should be subjected to an examination cal-
culated to elicit the truth. It is scarcely possible to
imagine that an inquiry into charges which derogate
from the utility of the whole department, and which
affect the honour and character of the parties con-
cerned, could, with any prospect of a satisfactory con- .
elusion, have been delegated by the Commissioners of
Customs to the discrimination and judgment
to of their
inferior officers. We are, therefore, happy st
that the Lords of the Treasury have taken the inves-
tigation into their own hands, and we have no doubt
that the result will be most beneficial to the public
service ---Times.
LAW ArPOINTMENTS.—"ThO Tory lawyers have a
story very current amongst them to-day, that Lord
Lyndhurst retires, to be succeeded by Sir Edward
Sugden--that Chief Justice Fennefather is to get the
Irish Seals, to be succeeded in the Queen's Bench by
Mr, Blackburne, and that Mr; Warren is to be Master
1
of the Rolls, This is the Orange arrangement. We
should not be Am-prised at anything, however, mon-
strous, after the appointment of Bishop 5t0pf0rd.......
Dublin Evening Post.