The Sun.
London, England, 1845-02-20 00:00:00

convince those around him that it is right ; Le Tories .
support him have, it is true, some severe moments to endure.
It is certain that the projects of the Minister are grating to
their ideas, and in several respects injurious to their interests.
Nevertheless, the Minister marches on with a straightfor-
ward step and drags them on with him. The conduct of Sir
R. Peel attests a great Parliamentary power, and at the same
time claims the approbation of every elevated mind. There
tl-e majority has really a chief who leads and guides it. A
strong hand is felt to rule the Government, and we do not
find, as with us, a Cabinet made the prey to a thousand
subaltern influences, which dictate the law instead of obeying.
Nothing can be more bold and energetic than the plans pro-
posed by Sir R. Peel. The system commenced in 1842,
when the first reform in the tariff was made, now re-
ceives a complement worthy of it. Eight days ago the
French Ministry caused the rejection of a reform which would
have been eminently beneficial and popular—we mean the
postal reform—by alarming the Chamber with chimerical
fears of a deficit. With these timid and common-place tac-
tics compare those of Sir R. Peel, What is the Exchequer
about to lose by the reforms he proposes? A .revenue of
84,000,0001'. This is a calculation made by Sir Robert him-
self. He sacrifices without hesitation the surplus shown by
the last financial year. He makes this sacrifice deliberately,
voluntarily ; well• knowing to what lie exposes himself, the
vast responsibility he incurs in the eyes of his country. The
sense of this responsibility does not stay his hand. He leaves
all vain terrors, all puerile fears, to the mere calculators of
figures. He is perfectly aware that the Treasury will find
under a thousand forms, through a thousand different chan-
nels, in the increase of the general welfare, an ample com-
pensation for these temporary losses. One more word. Sir
R. Peel thinks and acts like a statesman. This is rare now-
a-days ; for what has been said of the gods and of kings has
become much more true with regard to great ministers—they
are leaving the earth."
THE BOURSE--TUESDAY, FEB. 18
First Highest Lowest Last
Price- Price. Price Price
French FiveperCents•• •• •• 122 65 .. 122 80 .. 122 65 122 75
Three per Cents••••• 85 .. 85 10 .. 85 .. 85 5
New Loan •••••••• 85 95 .. 85 95 -. 85 95 .. 85 95
Bank of France •• 8255 ••3255 3255 .4255
Gouin Bank, I,ooof. Shares 1085 —lOB7 50 •.1085 .. 1085
nsiglan Bank
Belgian Fives, 1840 105 .. 105 .. 105 -. 166
1842 •••••••• 10614 .. 106% .. 10614 .. 10614
Four-and-a-Half 10314 •• 103% .. 10314 .• 10314
Two-and-a-Half. •• • 61 .. 75 .. 61 .. 75
Spanish Threes •• • •
Active •• •• . 3834 .. as •• 38% .. 3834
Passive •• •••• 674 .. •• 674
Portuguese Five per Cents.. 5914 .. 5914 .. 59% .. 5911
Neapolitan ••• • • •
Roman • • • ••• • • •

RAILWAY SUARES.
St. Germain .• „ „ ....1096 •.1100 ••1095 ..1100
Versailles, R. 8.•.
L. 8.•• ••••••••.• 276 25 .. 382 50 376 25 .. 381 25
Rouen •••••••• • • •• •• • • —llOO •-1101 25 ..1110 ••1101 25
Rouen to Ilavre•. ..... . 890 .. 890 •• 890 890
Orleans .•• • • •• • • .• -- .1160 ••1166 25 ..1158 75 ..1170
Strasburg to Bale..
Avignon to Marseilles•• •• •• 975 .. 975 .. 972 50 972 5.
Bordeaxx to Teste 205 •• 205 .• 202 50 .. 205
RAILWAYS FOR THE ACCOUNT, MINCH 3.
St. Germain ..... lOB5 -.1080 ..1080 ..1080
Versailles, R. 8.• • .• • • 560 .. 567 50 .. 560 .. 567 50
L. 8..• •• ••
Rouen .• •• • • • •
Rouen to Havre. ••
Orleans •••• ..... ••••......1162 50 —1172 50 ..1162 50 ..1172 50
Strasburg;to Bale•• •• 317 50 .. 318 75 .. 317 60 . 318 75
Avignon to Marseilles.• • • •• 975 .. 980 .. 975 .. 980