The Sun.
London, England, 1842-12-13 00:00:00

THE SUN', LONDON, TUESDAY EVENING, DECEMBER 13, 1842

come the leading idea. of certain rural senators. Fut
'it seems that, in order to keep hold of this idea, they
are obliged to let go the other idea about protection.
Their new zeal for improvement is great, and we
think it is not at all greater than it should be ; but
their old zeal about protection is utterly forgotten, or
looked upon as something obsolete, and no longer of
use, which we take leave to say is quite a mistake."
The Advertiser thus comments on the former and
present political opinions of Sir James Graham :
" A few weeks ago a paragraph appeared in the Ob-
server, stating that Government had employed some
person in their confidence to collect all the more vio-
lent passages he could ferret out in the speeches of
the members and abettors of the Anti-Corn-law
League. What the object was in making these 'ele-
gant extracts,' as our Contemporary characterised
them, the Observer did not pretend to know. The
murder is now out—the secret has transpired—the
collection has been made for the pages of the
Quarterly Review, in the current number of which
there are many scores of such extracts. The
article into which these quotations from Anti-
Corn-law speeches are interwoven is evidently put
forth as a feeler, with the view of ascertaining
whether or not it would be advisable, on the
part of Government, to attempt to put down
the Anti-Corn-law League, on the ground of its being
an illegal association. There can be no doubt that
the parentage of this idea belongs to Sir James
Graham. It is just of a pieca with his "constitu-
tional " instructions to policemen to prevent or dis-
perse all meetings at which these police spies might
fancy they heard, or might think it probable they
would hear, seditious matter uttered by the speakers.
The Home Secretary was once an Anti-Corn-law
orator and pamphleteer himself. It might be doing
the cause an essential service, were some one who has
the requisite leisure for the' task, to make some
" elegant extracts " from his Anti-Corn-law speeches
and pamphlets. If we remember rightly there
was no lack of the quality of violence in them.
Indeed, violence is a characteristic of everything
the Cumberland Baronet says or does—no matter on
what side of the House of Commons he sits, or whether
he be a Member of the Cabinet of the Liberal Earl
Grey or of the Tory Sir Robert Peel. The man who
at one time couldlcarry his Reform notions to such an
extent as to lose himself in the revolutionary ; and,
under the inspiration of opinions of the latter class,
could coolly talk of the gratification it would afford
him to see the heads of those monarchs who opposed
the progress of Liberal principles rolling in the dust—
the man who could give utterance to such language
as this, is just the man to be capable of anything.
That he should, therefore, now that he has become a
rank apostate to all his former principles, propose to
put down the Anti-Corn-law League by the strong
arm of the law, does not at all surprise us."

PUBLIC IMPROVEMENTS.
It has been proposed to take the Fleet prison for
the Law-courts; it is otherwise thought that a more
advisable situation would be the space between
Picket-street and Carey-street, which is withi a
quarter of au hour's access from the four poin ts of
London, and close to the offices, to the barristers, and
Lincoln's Inn.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was
flat, prices being somewhat in favour of the buyers,
though only a moderate business was done. Sales
3,500 bales, of which 500.vvere Surat, at 3id. to 'lid;
200 Maranham, at 51d. to 60. ; 60 Egyptian, at
64d. ; and 2,740 American, at 44d. to 7d. per lb. The
Railway Share Market was also less active. Eastern
Counties were 8i; Edinburgh and Glasgow, 48 ;
Grand Junction, 191; Liverpool and Manchester,
Quarter, 454; Birmingham, New, 334 ; Midland
Counties, 63; Paris and Rouen, 26*.
Accounts from Adelaide, South Australia, of June
2, give an account of the proceedings of the natives at
Port Lincoln, which certainly does not impress one
with a very favourable idea of the measures taken to
protect the settlers against a horde of natives ; 15
soldiers were sent by the Governor from Adelaide,
and this "army," as a local paper facetiously terms it,
was immediately routed. The inhabitants of Port
Lincoln are described as being afraid to move out
of their houses, • and were anxiously denianding
the'more efficient protection of an armed patrol or
police. The culture of the vine was about to be in-
troduced from the Cape of Good Hope, and an Agri-
-cultural Society had been formed for the improve-
ment of the resources of the people. Provisions seem
rather dear. Flour 201. per ton • Mutton 4d. to sd.
per lb. ; Veal and Pork Bd. to 10d. per lb.; and Bread
ls. 2d. per 41bs.
The Canada loan is the talk of the citizens blessed
with more money than they can provide suitable em-
ployment for ; and judging from the present rate of
the 3+ per Cent. Amiuities, it is calculated that 106
or 107 will be tendered for the debentures which bear
4 per cent. interest.
Scarcely any business has been transacted in the
English Securities to-day, which, however, have been
very firm. Money is very abundant in the Stock
Exchange, and does not command more than
two per cent., while in Lombard-street it meets less
employment than was anticipated, the merchants ex-
hibiting most praiseworthy caution in not over-
dOing the new trade to China, which for some
time to come, will be much of a speculative one.
Consols for the opening have realised 94 ex dividend,
and Reduced Three-and-a-Half per Cents., 1004 to
101 ; Exchequer Bills are 51 to 53 premium, being
held very steady. Bank Stock is kept up to 172;
and 174 The broker acting for the Commissioners
of the Savings' Banks has taken 5,3001. in the Re-
duced Three per Cants at a slight advance, viz., 94i.
The Foreign Bonds are more elastic. Spanish
Stock gets up gradually to the position it stood in be-
fore the outbreak at Blrcelona. The Actives are 18
to f, and the Three per Cents. 23i to 234. The
Passive Stock is at 4. For Mexican Bonds there is
also rather a better sale, and the price is 31+ to 31i ;
Columbian are worth 21f ; Brazilian, 69; and Chilian,
92 ; all being steady. Dutch Two-and-a-Half per
Cents. are at 521 to 52i.
Shares are rather dull. Great Western, New are
141 ; Birmingham, 99 ; the Quarter 24* ; the Thirds,
31*; and the Northern and Eastern, Scrip, 52 prem. ;
MANCHESTER STOCK EXCHANGE, DEC. 12.—We
continue to have a demand for Manchester and Leeds,
South Westerns, Liverpool and Manchester, Bristol
and Exeter, and most of the leading Railway Stocks.
Our sales were—Bristol and Exeter, 464; Hull and
Selby, 35i ; Manchester and Salford Bank, 102 ;
Union Bank, 7 9-16.
CLOSING PRICES.
BRITISH FUNDS.
Rank Stock l73f India Stock
3 per Cent. Red. ...... 94i Ditto Bonds
3 per Cent. Cons Ditto Old Annuities ...
3i per Cent. Red... 101 Ditto New Annuities...
New 3fr per Cent — Ex. Bills, 1,600/....2d. 51 pm
New 5 per Cen: — Ditto 500/...... 51 pm
Long Annuities to expire Ditto Small ...... 51 pm
Jan. 1860 ...... Bank Stock for Acct.
Oct. 1859
Jan. 1860 .... Consols for Opg.
'l/4T FUNDS.

LAW INTELLIGENCE.

CHANCERY.-(THIS DAY.)

DESCH V. FROLICK.

This appeal came on for farther hearing this day.
It was an appeal from a decree of the Vice-Chancellor
dissolving the partnership between the parties to the
bill, on the ground of the lunacy of the defendant
Frolick. The case came on in the Court below as a
short cause, and the decree was made without any
argument being heard. It was contended, in support
of the appeal, that the decree should only have dis-
solved the partnership from the date of the decree
itself, 1839, and not have gone back to May, 1834.

•
The LORD CHANcsm.oi in giving judgment, said
it was competent to the plaintiff Besch, to file at any
time for procuring a dissolution of partnership ; if he
chose not to do that, and for a considerable period
continued to derive a benefit from the lunatic's capital
and interest in the concern, it was not open to
him now to say that the partnership ought to stand
dissolved from the period of the insanity of the appellant.
This would be a great hardship to the lunatic, whose
capital would be so employed, he being also left liable
to the partnership debts. The decree of the Court
below must be confirmed, as far as respected the dis-
solution of the partnership between the parties. The
dissolution, in reference to others to be dated from
the day of filing the bill.