The Sun.
London, England, 1845-12-29 00:00:00

is pledged for the redemption of the debt owing to us,
voted away and alienated unKer a system of coercion,
and of physical and moral duress.

MONEY MARKET and CITY NEWS.
CITY, FRIDAY EVENING.
TIMES.—Among the leading and experit need brokers of
the Stock Exchange, whose views of the state of the money-
market are always worth listening to, there is great dif-
ference of opinion on the present reaction in the funds,
on the probability of its being sustained or otherwise.
➢Zany of them are disposed to ascribe it in great mea-
sure to the late excessive speculations fur the tall, and to
the extensive demand for stock Nhich has been pro-
duced by them ; and these ask, with some emphasis, in
what way is our situation changed for the better, with
the single exception of the return of Sir Robert Peel to
power ? Have we not still to contend with the effects
of scarcity of agricultural produce, the intended repeal
of the corn-laws, with the action on the currency of the
large importations of grain which must follow that mea-
sure ? Is there any better prospect of overcoming
the baneful influence which the railway mania has bad
in deranging the operations of the money market P
And has the Oregon question lost any of its political
importance within the last week or two ? The par-
ties who reason thus are persuaded that the whole,
or the greater part, of the late rise is fallacious, and
that a counter reaction is all but inevitable. Those
who take a more cheering ♦iew of the state of pub-
lic credit, rely mainly on these considerations, via.:—
that the late alarm among the stockholders and specu •
lators was, in the first instance, greatly disproportioned
to the danger which really existed ; that nine-tenths at
least of the new railway companies were mere bubbles,
on which very little money was raised, and that little
sure to be spent before the meeting of Parliament ; that
the corn question need raise no alarm, because the stock
on the Continent, where alone gold would be the me-
dium of purchase, is notoriously so small that none
could be had there if wanted ; that Mr. Polk is of the

, western states, and must play his game of brag well to
please his friends in that part of the American union ;
; that Sir Robert Peel, made stronger by the manner of
his return to power, is not only a peace-maker, but a
great financier, who, if he understands anything, fully
understands the nature of public credit ; and, therefore,
to sum up all, as Consols were at or near;' par" in August
last, there is no reason why they should not return to
that point. These, as nearly as may be collected, are
the reasonings of the Stock Exchange on the state of the
market ; the public will consider which has the best of
the argument, which time alone can actually determine.
There is something ludicrous in the various impres-
sions made upon applicants for railway shares, who
have thought it prudent quietly to back out by the
threat of the promoters of the schemes to publish their
names as defaulters. A great number content them-
selves by earnestly deprecating such a cause ; others
meet it with a counter threat of prosecution for
libel, should the parties carry this avowed intention
into effect ; few, if any, think': of paying any money
for the purpose of averting the impending evil.
At present all seem to be under great alarm ; and as
the adroit managers of the hopeful projects do not
fail to discover this, it is not unlikely that they may,
in a few days, go a step farther, and proceed to ac-
tual hostilities. One correspondent has, however,
started a new view of the case, which it may be of some
use to those who are placed in a like predicament to men-
tion. He is willing, he says, perfectly willing, that his
name should be published as what these defeated
schemers term a " defaulter," but what others may desig-
nate as an honest, or at least prudent person, who, like a
man tricked at a gaming-house, refuses to fulfil engage-
ments made with sharpers and swindlers, to which there
exists no law that can compel him. He could wish, he adds,
that the contrary course could be taken, and publication
made of the names of those who have yielded to such
threats as these by the payment of the sums levied ; he
has no doubt they would feel as much annoyed by the
exposure, and that they would be laughed at as simple-
tons, who from their money are " soon parted." These
remarks only apply, of necessity, to those projectors of
companies who have so conducted themselves as to be
justly left in the lurch by the dupes, though there are
very few probably of a different character to whom it
would have occurred to put forth a threat of public expo-
sure as a means of enforcing payment from defaulting
applicants for shares. The world will, perhaps, never
know the whole truth of how many railway com-
panies have issued prospectuses, in which the whole
money, raised from the gullible and unfortunate persons
who were fascinated by them, has been spent in various
ways without the least chance that the project could ever
arrive at maturity. The bankers who have kept the
accounts of such money as they have managed to scrape
together, would be able to tell a tragic tale in this respect,
but could not tell all, nor is it likely that such official or
professional confidence will ever be betrayed as to leadto
the desired exposure.

THE LATE BOILER. EXPLOSION

AT BOLTON.

On Wednesday the adjourned inquest was held on
view of the bodies of the unfortunate sufferers in the
late melancholy catastrophe at Bolton. Since the day of
the accident four other persons have died of the injuries
they received, so that the total number killed is, up to
this time, fourteen. There are others still in a danger-
ous state. An opinion gained ground that there was
considerable blame attached to the master, and therefore
the court-room in which the inquest was held was
crowded to excess. On the bench where the coroner sat
there were a number of magistrates, and a considerable
number of millowners and other respectable inhabitants,
also the sub-inspector of factories for this district. Mr.
William Fairbairn, of Manchester, the eminent engi-
neer, who had been called in by the jury to investigate
the causa of the accident, was also on the bench, accom-
panied by Mr. John Hick, a boiler-maker.
_ _

The jury having been resworr, they proceeded to view
the bodies of the four additional sufferers. There were
two witnesses who were considered of importance, but
could not be removed from their beds, so the coroner
and jury proceeded to their homes, where they took
their depositions.
After c,•mo evidence as to the circumstances of the
explosion had been taken, a long paper was read by Mr.
William Fairbairn on the subject of steam-boiler explo-
sions, which ended as follows:

After the selection of competent engineers and as-
sistant*, I would recommend the following precautions:—

"1. That the practice of placing boilers under build-
ings where the workpeople are employed be discon-
tinued.

"2. That two safety-valves be attached to each boiler;
one of them to be weighted from the inside to the re-
quired pressure, and to have a long ascending discharge
pipe, out of the reach of interference ; the other to be
under the control of the engineer. These valves, in
order to be perfectly safe, should have respectively an
area equal to one-half of the steam-pipe, or about one
square inch to every two horse of the computed power of
the boiler.
"3. That in cases where boilers are situated under
a mercurial gauge, indicating the pressure of the
steam, and an ascending column of water corresponding
with that pressure, will be found of great value in cases
of negligence on the part of the fireman or engineer.
" Lastly. Each boiler should have a water gauge
and two fusible fire-plugs, composed of suitable mate-
rials." _ _ _

The CORONER said that was the conclusion of the
evidence on the part of the Queen, but if the owners of
the mill wished any other witnesses to be examined, the
jury would, no doubt, be glad to receive their evidence.
Mr. Gaskill, solicitor, who appeared for the firm, said
they had no important witnesses to bring forward.
The jury then retired, and in about three-quarters of
an hour returned with a verdict of " Manslaughter"
against Thomas Kitts, one of the partners in the concern.
The foreman of the jury said he had been requested
to express the thanks of his the jury to Mr. Fa!rbairn,
for the great assistance they had received from his valu-
able document, and to request that it should be forwarded
to the Secretary of State for the Home Department,
with a view of bringing the subject of steam-boilers
before the Legislature.

RATING OF PRINCE ALBERT S

FARM AT WINDSOR.

The question of the liability of his Royal Highness
Prince Albert to pay the poor rates for the farm the
Prince occupies in the parise of Windsor, is about to be
submitted to the law advisers of the Crown.

Mr. Darwill, solicitor, of 'Windsor, having been pro-
fessionally employed by the overseers and churchwar-
dens of the parish to endeavour to obtain from his Royal
Highness the payment of arrears of poor-rates, amount-
ing to nearly 230/., and not having succeeded, after
a correspondence with Mr. G. E. Anson, the Prince's
private secretary, on the subject, the parochial au-
thorities determined to memorialize the Prince him-
self on the matter in dispute. Accordingly a memorial,
couched in the most respectful language, was trans-
mitted to his Royal Highness, pointing out the great
losses which had been sustained by the parish during the
past 12 or 14 years, in consequence of the vast amount
of property in the town and neighbourhood which
had been purchased by the Crown, and consequently,
was now unrated ; and showing, at the same time, in
the opinion of the inhabitants, in vestry assembled, that
his Royal Highness, having clearly a beneficial occupa-
tion in Flemish farm, was liable to be rated to the relief
of the poor, equally with those who were compelled to
pay the poor-rates upon property adjoining that occu-
pied by the Prince.
A letter has just been received by Mr. Darvill, written
by Mr. G. E. Anson, by command of his Royal High-
ness Prince Albert, in which it is stated in effect, that
the Prince still demurs to the legality of the claim
which has been made upon him by the parochial autho-
rities, in pursuance of a resolution passed at a vestry
meeting held in September last, and that his Royal
Highness, under the impression that the parish has no
legal claim upon him for any poor-rates alleged to be
due for Flemish farm, intends to have a case submitted
to the law officers of the Crown, and to abide by their
()pinion on the subject. As soon as this opinion has
been obtained by the Prince, no time will be lost in trans-
mitting a copy of it to the memorialists on the part of
the parish. In the event of the opinion of the law
officers of the Crown being in favour of the view taken
by the Prince Consort, a vestry meeting will be imme-
diately called for the purpose of laying the case and
opinion of the law officers before them, as well as the
correspondence which has passed between Mr. Anson,
on the part of the Prince, and Mr. Darvill, on the part
of the parochial authorities, in order that they may
come to some final decision on a subject which has cre-
ated great excitement throughout the borough.

On Wednesday morning the large number of
married and single men, amounting to nearly 200, em-
ployed in the firm of Messrs. Coombe and De!afield, the
porter brewers in Casale-street, Long-acre, received
tickets to procure for the married men, their wives, and
children each 5 lbs. of beef, 1 lb. of bread, and a pint of
porter, and to all the single men 2s. 6d. in money. The
gift is from Mr. Delafield, it having been the practice of
his Ist* uncle.