The Sun.
London, England, 1845-01-02 00:00:00

ettrbr 12bittionl

THE FUNDS-(CLOSING PRICES)
BRITISH FUNDS. _ .

Bank Stock
3 per Cent. Reduced
New 31 per Cent .. ............ ..
Long Annuities to expire Jan. 1860 12*
India Bonds, 1,000/.
Ditto under 1,000/.
Bank Stock for Account... 2ll
Consols ..-...... ...................
Exchequer Bills, 1,0001., lid.
Ditto 5001.
Ditto Small
FOREIGN FUNDS.
Dutch, 2* per Cent .
Ditto, 5 per Cent 99
SHARES.
Birmingham and Gloucester, 100 paid
Ditto New Shares, 17* paid
Bristol and Exeter, 70 paid BO
Chester and Holyhead, 5 paid .. 51
Churnet Valley, 2 paid
4i
Direct Northern, 2* paid
Eastern Counties, 25 paid........ ........ .. .....
Eastern Union, 10 paid.....
Great Southern and Western (Ireland), 5 paid 1101
Great Western, 75 paid
Ditto Half Shares, 50 paid
London and Birmingham (Stock) ... ..
London and Brighton, 50 paid 5ll
London and South Western, 41* paid —
Ditto New
London and Croydon, 131. 15s. 9d. paid l7
London and York, 2* paid 4*
Lynn and Ely, 11 paid
Manchester and Leeds, 70 paid
Ditto, Half Shares, 30 paid
Midland, 100 paid
Newcastle and Darlington:Junction, 24 paid 62
Northern and Eastern, 45 paid 5Bl
Ditto Quarter Shares, 12* paid
Nerwich and Brandon, 8 paid
Ditto New, 1 paid
Portsmouth Direct, 1 paid
Richmond and West End Junction, 1 paid
Rugby, 1 paid
South Eastern and Dover, 33* paid —
Ditto New Shares, 4 paid 144
West London, Old Shares, 20 paid 6*
West Cornwall, li paid -i
York and North Midland, 50 paid
Ditto Scarboro' Branch, 10 paid 3l
Ditto, Selby Scrip, 20 paid
Ditto Extension...
Lyons and Avignon, 2 paid
Paris and Lyons, 2 paid
Paris and Strasbourg, 2 paid

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SPIRIT of the PUBLIC JOURNALS

FROM TUE EVENING PAPERS OF Tnn DAY.

GLOBE.—We had an arrival from India and
China yesterday. There is more than usual absence
of news of a striking nature in the letters and papers
thus conveyed. The pacific character of the intelli-
gence cannot fail to gratify the people of this
country. The breaking out of a war between the
British Government in India and any of the native
Powers, or the interruption of tranquillity by revolts
of any of the tributaries of those Princes, and
the consequent employment of force to subdue
them, are events to be deprecated whenever they
arise. Their existence is prejudicial to commerce,
and impedes the progress of the natives in those habits
which are not less beneficial to themselves, than they
are to the consolidation and solidity of the British em-
pire in the East. The changed character of the tidings
brought by these arrivals since Sir Henry Hardinge
displaced Lord Ellenborough in the Government, is not
more remarkable than gratifying. Durng the adminis-
tration of the latter, restlessness pervaded the European
portion of the inhabitants of India. They felt their pro-
perty and their prospects insecure under a Government
the head of which was possessed by a penchant for mili-
tary display. They felt that their interests were
jeopardised by the constantly recurring warlike de-
monstrations which the Governor-General projected ;
the military expeditions he set on foot, and per-
sonally headed ; and the dread he managed con-
stantly to excite. Fears prevailed lest new wars
would be undertaken, and new territory seized
upon and annexed. Thus the interests of com-
merce, which are founded in peace, were in-
jured ; and the integrity of the empire itself—
based as it is on the confidence of the natives in the
advantages they derive from the British Government
—was perilled by the provocations to distrust the
pledged faith of that Government. Seeing—as they
had seen—its violation of treaties with the Ameers of
Slade, and the threatened interference with the Pun-
jaub, as the preliminary of dealing with that territory
in the same way as had been taken with the Sindian
territory, a jealousy and distrust of British faith would
be excited. Distrust would engender intrigues among
neighbouring native Powers. These would ripen
into hostile confederacies against our rule. The
employment of an immense force, to break up and
disperse the confederates, which must be kept up to
prevent a recurrence of similar embarrassing circum-
stances, would impose an immense demand upon the re-
venue, and endanger the stability ofour Eastern Empire.
That such results would certainly be produced by
Lord Ellenborough's policy was evident to the Hon.
Court of Directors, who repeatedly remonstrated Kith
him, and with her Majesty's Ministers who selected
him for the post. Finding remonstrances, repeatedly
urged, utterly unavailing—each successive arrival
bringing some new proof of the Governor-General's
determination to pursue his expensive and dangerous
policy—they at length interposed their power of recs.!.
The mischief's Lord Ellenborough had wrought were
arrested, and began to subside from the hour that
Sir Henry Hardinge set foot in India. Where
dissatisfaction, perturbation, and alarm pervaded the
population, tranquillity has resumed its sway. The
commercial interests are no longer the prey of
apprehensions that some new freak of the Governor-
General will unsettle the basis of trade, and entail
loss, if not ruin, upon the enterprises in which they
are embarked. Sir Henry Hardinge seems, in every
respect, to offer a perfect contrast to his predecessor.
There is no obtrusion of himself—no bombastic procla-
mations of his policy. His experience in war, and
the prominent part he, in former years, occupied in
military operations, his established his fame, and
would impart confidence to any undertakings of that
kind which any events might demand. But that
very experience has produced in him a conviction
that a warlike policy is, of all others, the most de-
trimental to British interests. He is, therefore, the
cultivator of peace. The following remarks of the
Times are in accordance with facts, and express our
views of the effect of Sir H. Hardinge's policy, so far
as, that policy has been developed :
" W ire glad to he- e that Sir H. Harding,. e 4 n:.
inclided to follow a judicious, a cautious, and a dis-
criminating line of conduct. He seems, if his policy be
as we anticipate, to have a fair chance of carrying his
intentions into full effect, as there is neither war, nor a
prospect of war in any quarter ; and even the civil war
in the Punjaub appears for the present suspended. The
prospects of commerce, too, are brightening, and, on tie
whole, the contents of our Indian dispatches, the first
received this year, are as satisfactory as we could well
desire."

There have been many powerful and justly-merited
exh bitiona of the follies and faults of Lord Ellen-
borough's administration of the Indian Government :
the most effectual condemnation it has yet received is
found in the opposite character and influence of his
successor, in the same high office.
STANDARD.—A long and not very well written
article, upon the existing relations between the Papacy
and the several nations of Europe, appeared last
week in a morning paper. This article, though
published in a journal which can scarcely be
said to support the policy of the Government,
has, by a certain air of diplomatic mystery, iu, -
posed upon some simple persons as a half-official
manifeito, and been eagerly seized upon by others
not so simple, to serve their own purposes of agita •
tion. The truth, we have reason to believe is, that
the British Governmen% is no more responsible for
the article in question than the Government of
Washington or Pekin ; and we know that the
writer can tell nothing new of the relations be-
tween the British and Roman Governments, because
there is nothing new to tell. For many years—
for twenty years at the least—every successive Bri-
tish Government has been under the necessity of
maintaining a correspondence with the Pope us a
temporal prince, for commercial purposes, and for the
convenience of travellers. Previously to the
separa-
tion of the kingdom of Ihnover from the
British Crown, this correspondence was pretty
generally ;carried On through the Hanoverian
Minister at Rome, though occasionally the ser-
vices of an Austrian or Prussian Ministerl were
employed. When, however, the Crownmofiniianover
administration
employed upon Kin, Ernest the late
st roar ti,
employed a stipendiary, but unofficial, agent
own to manage the rather unimportont correspondenceits
we have described; anc upon the death of that
tleman last summer, Mr. Petre was named as Ids
:successor. This is the whole truth upen which have
bean raised so many fanciful stories of arran,e.
meets, concordats, &c. Before men allowed th,•-in-
selves to believe that Sir Robert Peel's Grcermnent
was engaged in a violation of the law, and acting a
part 50 inconsistent with its character, as to attempt
by an indirect course, what might be as easily and
much more honourably effected directly, if it could
be effected in any mlrmer, they would have done
well to consider whether the object pursued was
attainable, or worth the trouble of pursuing, it.
That object we presume to be, some official control
over the Roman Catholic clergy in tier Majesty's
dominions—spiritual control being, of course, what
no Protestant Government has a right to claim.
Nov, in order to give such official control as is here
sup,--,sed, the Pope must first himself have it---nut he
Las it not, at least in Ireland. The Roman Clltholic
arch"nishop3, bishops, and priests, in Ireland, care*
as mach for the authority of the Pope z..; they
care for the authority of Queen Victoria. The
allegiance of the Irish Roman Catholic Church to
the Roman see is merely nominal. They use the