The Sun.
London, England, 1842-01-12 00:00:00

SECOND EDITION

THE FUNDS-(CLOSING PRICES)
BRITISH FUNDS.

Bulk Stock 167 'lndia 5t0ck...............2461
3 per Cent Red B9i IDitto Bonds ........ ....... 11 pro
3 per Cent Cons BBi Ditto Old Annuities ...
3i per Cent Red 99 Ditte New Annuities...
New 31- per Cent 9Bi Ex. Bills, 1,000/....2id 19 pm
New 5 per Cent Ditto 500/.... l7 pie
Long Annuities toexpire Ditto Small l9 pro
Jan. 1660 l2i Bank Stock for Acct...
Oct 1859 l2 7-16 India Stock for Acct....
Jan. 1860.
FOREIGN FUNDS. . . _

Austrian, .5 per cent Portuguese, 5 per cent.
Belgian, 5 per cent lOl Ditto, New Ditto —
Brazilian 80nd5.... — Prussian, 5 per cent.
Buenos Ayres, 6 per ceit Russian, 5 per cent —
Chilian, 6 per cent..... 69 Ditto, Metallic
Colombian, 6 per cent.. Spanish, 5 per cent 253
Ditto, 1824. Ditto, Deferred .. 121
Danish, 3 per cent — French, 5 per cent. _f. .._.e.
Greek, 18.25, 5 per cent — I Exchange
Mexican, 5 per cent.... 'French, 3 per cent --f. —c
Ditto, 6 per cont. 183' 7
Dutch, 2i per cent:.,.... 51
Peruvian, 1825, 6 per ct. Ditto, 5 per cent.
SHARES.
Eastern Counties Railway (23 paid) ... ..... 83
Great Western Railway( 65 paid) B7
Ditto Fifth (4 paid)
London and Brighton (50 paid) 373
London and Blackwall Railway (25 paid)... 111
London and Birmingham (90) ......... ... .. 16911
Li to New Shares ( 2 paid) . 2B
London and Croydon Railway (Trunk) lli
Manchester and Leeds (70 paid) ... .. 71
Midland Counties Railway (100 paid)
Northern and Eastern (40 paid) . . 331
North Midiand Railway (100)
South Eastern and Dover (48 paid)... ...
York and North Midland Railway (50 paid) 92
Ditto New Shares (15 paid 3l ft

SPIRIT of the PUBLIC JOURNALS.
FROM THE EVENING PAPERS OF TIIIS DAY.
GLOBE.—Any pretender will find reception from
the party in power, and its organs, who will find impu-
dence to enact the " delegate," and abuse the man:t•
factoring interest. That is the Open &same to
Downing-street, and Printing-house-square. That is
the one thing needful to turn any convicted cheat
into the Tory oracle, the quoted authority of the
day on Trade, Labour, and Poor-laws. The great
systems of our manufactures and commerce—
the main employers of our town industry—oc-
cupy the position, as it were, of prisoners at the
Tory bar,—while any disgraced itinerant, any unjust
steward," whose private malversations have left him the
" liberty of the gaol' to instruct the publo, any door-
keeper of a dispersed Jacobin Club, any Socialist prc-
pagator of anarchy and immorality on system—as-
cends the witness-box, delivers himself of . whet ever
stile falsehood, or fresh crudity, may come upper-
most in his wretched mind—and commands, in the
colu,nos of the organs of Power, ample room and
verge enough for whatever his mouth may have left un-
uttered. These are the tit Titus Oateses of Anti-Manu-
facturing and Anti-Commercial Policy. Manufac-
turers and Merchants !—you see their agency encou-
raged systematically. You see their denunciations of
yourselves as the gorged tyrants of the nation (you,
alas !—struggling to keep your heads, and the hands
employed by you, above water—you, alas ;—victims,
like your workpeople, of the Old man of the Land)—
you see these Titus teates-like ravings transferred
with alacrity to the Times and Standard from the
proper and natural obscurity in which the public would
otherwise leave them. You see all this—Conservative
merit of capital and enterprise—can you doubt what it
means ? Can you doubt the rabid state of the minds
to which this virulence is welcome food ? Can you
doubt the fire 1 intention to injure you on the part of
those who suborn and spread it all ? Can you doubt
that they feel they have injured you by their policy
of monopoly—that they mean to persist in injuring
you—and that they aid in getting up these clamours
against the factories—simply because they cannot en-
tirely stifle the consciousness that they are drying up
'the source of our manufacturing and commercial pros.
perity—and because they :neon toitifle, in the ears of
others, the cries of their victims. We tell this dis-
honest pack—whether in public offices, or newspaper
ones, or Socialist conventicler—whether in durance
vile, or unwhipped of justice—that all their revived'
efforts come a day too late. It seems to be forgotten
that we have had a!1 this before!—that no worthless
clamour can succeed with the same public twice—that
the old Sadler and Ten Hours' Bill blaze won't make
a house-warming for the new Ministry,
STANDARD.—" The position of the Tory (Con-
servative) press is ridiculous enough. They dare not
be silent, and yet what can they say ? Of S r Robert
Peel's intentions they appear to know about as much as
they do of the intentions of the Emperor of China."
Such - are the terms in which our state- is com-
passioneted ..by .a Whig-Radical Contemporary. That
we have liitic new to say of the intentions of the Go-
vernment:es true. These intentions were however, pretty
candidly diselqted by the Prime Minister him-
sell during the • Test session, as far as concerns their
general
_direction. If he had any secrets he kept them
very successfully; and it would not consist with wisdom,
having kept theta so long, to communicate them now to
us of the press, whose province it certainly is not to
guard very faithfully such hidden deposits. Se. R. Pc( I
has plainly told the country' upon what principles he
proposes to carry on the Government, namely,
by protecting equally and impartia ly all existing
interests and institutions, as far as can be consistent
with the national prosperity and progress ; and the
country has testified its full satisfaction with this expla-
nation by recovered confidence, and a consequently im-
proving revenue. It is very natural for the organs of
an Administration that lived for more than ten years
upon ." enormous lying," and upon success:Ye " clap-
traps," to appreciate the inconvenience to which we are ex-
posed in the service of men too honest and too wise to deal
in mysteries and coups d'etat ; just as one can fancy the
contemptuous commiseration with, which a Davos
looked upon the hum-drum life of his old master's
more faithful domestics. But inconvenient as it must
be to lively spirits to fulfil the every day duties of
an honest service, it suits very well with that
phlegmatic temrserament which disposes men to
prudence and to Conservatism. We are conteated to
set off the blessings of peace and security, which we
enjoy, against the professional gain of publishing
in advance an almanack of violent revolutions ; and
our Contemporaries who were in the favour of the late
Government ou;ht in reason to remember that they
bole themselves exhausted the spring of this latter
source of gain. It is about eight years since Lord
Brougham said, " We have dene much in the last year,
and therefore we shall do little in this, and still less in
the year following." But the diminishing series must
surely approach to nil at the end of eight annual stages,
and at the end of the eighth stage we have arrived.
COURIER.—It is not without satisfaction we per-
ceive the Times returning from its first unsound and
hasty judgment on the point of state etiquette now in
controversy between the Ambassador of Louis Phi-
lippe and the 'Regent of Spain. The pretension in
the first place set up by, or for, Espartero, exclu-
sively to regulate the ceremonial to be observed
in the intercourse between the -Court of Madrid and
the representatives of sovereign power duly accredited
to it, is manifestly untenable, and would be really ab-
surd, if not arrogant, but for the one precedent in
his favour afforded by the course pursued during
the preceding Regency on a similar presentation of
letters of credence. The French Ambassador of that
day, as is known, made no hesitation in placing his
credentials at once into the hands of Queen Regent
Maria Christina, and so far, as succeeding to her po-
litical power, Regent Espartero would seem entitled
to claim, as of right, the same act of deference and
acknowledgment. But the analogy thus existing is
qualified or destroyed by other accompanying incidents,
which separate the two cases by a sufficiently broad and
distinguishing margin. For Maria. Christina has been
Queen Consort, Queen Sovereign, in fact,herself, and she
stood in the situation not only of Queen Regent, but. of
Queen Mother and Guardian to the young Isabella. Es-
partero occupies, however, one only of these positions,
for though Regent, he is not even tutor to the Queen,
nor has he custody of the Royal person, a charge with
which, 03 is well known, Senor Agustin Arguelles is
specially invested. The precedent of Maria Christina,
therefore, will not serve the turn of Espartero, for she
could claim, not Rs Regent merely, but as Guardian
and Queee-Mother ; not as of right to the political re-
presentation of the juvenile Sovereign alone, but to the
persona) representation. In her person the right as cx
eirtate efficie was, therefore, much more complete, if
not absolute.