The Sun.
London, England, 1842-09-27 00:00:00

The -1,11/4,

LONDON :
TUESDAY MORNING. SEPTEMBER 27, 1842.

Towards the close of the session Lord PAL-
MERSTON made quite a name for himself by his
bold attacks on the commercial policy of the
Tories. The Liberal party, in the absence of
Lord JOHN RUSSELL, looked up to him as its
leader, and reports got abroad that Lord JoHN
was to resign the leadership permanently to
Lord PALMERSTON. Being at least one of the
foremost men of the party in opposition, his opi-
nions are matters of great importance. Hence
we attach more consequence to the leading arti-
cles of the Morning Chronicle, which is said to
speak the sentiments of the Noble Lord, than
Ire otherwise should. Believing ourselves that
the settlement of the dispute with the United
States, on almost any terms, would be highly
beneficial to both countries, and believing that
Lord ASIIBVRTON'S treaty settles it in an ex-
tretrtely favourable manner to both--for both will
gaiti by the settlement, which inflicts no particle
of disgrace or dishonour on either—we feel called
on to signify our dissent from the tirades wwhich
the Chronic* publishes day after day against the

treaty.
If it were demonstrated to-ntorrow, which it
cannot possibly be, that the boundary traced out
d FEATH ERSTON E if A UGH ,
by Messrs. MITDGE aa ,
was foot by-foot, and. step by step, the boundary
agreed on originally between the two States; and
if it were at the same time demonstrated, as it
is, that it is more convenient to both parties,
;both having for some time lostsight of that original
boundary, now to make a different arrangement;
and if the line chosen and settled is convenient,
as all parties adinit that it is, we should hold it to
be the merest drivelling in any man who pre-
tended to look at the interest of the two nations, to
assign the least importance to the original boun-
dary(; and much worse than drivelling to
make
that a reason for rejecting the new and conve-
nient arrangement agreed to. To harp on the
original boundary, however, is the gist of the
articles of the Morning Chronicle, and, being
urged day after day with great vehemence, in
order to excite the public against •the treaty and
retard the settlement of the question, we are
bound to state that we repudiate its doctrines
in lobo, and will on that point lend no support
wht;t-ver to the party which it represents.
We copy from the Spectator some remarks
which set in a true light the sacrifice of all

as patriotism. Why, the slave-dealers defended
their odious traffic on the ground that it added
to the wealth and power of Great Britain, and
on no better ground does the Chronicle defend
ifs plan for blocking up a river against the fer-
tilizing commerce of a friendly nation.
That the Americans should have the free
navigation of the St. John's, as we demand
the free navigation of the Elbe, cannot inflict the
smallest injury on either the colonies of Great
Britain or the mother country. On the con-
trary, it would add, by the transit trade, to the
prosperity of every hamlet on the banks of the
river. To withhold such freedom from a jealousy
or fear of the prosperity of another nation, is
rancour, not statesmanship. - Before we can
barter the privilege against some other presumed
advantage, we must commit an act of usurpation,
and then sell what we have usurped.
England, we maintain, has no more right, for
her own advantage, to hinder the Americans,
when they will, from floating their boats or
ships down the St. John's, than she has to hinder
their ships from entering the Mersey or the
Thames. She has the power, but her
own interest forbids her to exercise it.
So it is with every State possessing the
borders of a great river. It can stop every ves-
sel and prevent it passing, as barbarous Turkey
may have done on the Danube, but the inte-
rest of its people, if not of its Government, for-
bids the exercise of such a power. We cannot
give up such an opinion, because Mr. CANNING
,held the docteine that England might stop the
Americans from using the St. Lawrence. Mr.
CANNING was a Tory, and his opinion is no re-
commendation to us, whatever it may be to the
writer in the Chronicle. We repudiate entirely
the moral and international law on which one
State claims a right to debar another, while
they are at peace, from the free use of the great
highways which nature has established for the
commerce of mankind. The doctrines laid down
by the Chronicle are worthy only of Prince
ERNEST, and those who maintain the Stade
dues. They are equally hostile to the benevo-
lent principles of free trade, and of all approved'
morality.

intentions.

The country is now again happily restored to
quietness. No other effects apparently remain
of the late insurrection than the alarm it has ge-
nerated, which may be salutary or otherwise, as,
under its `influence, wisdom shall work out pre-
cautions for the future, or passion, by the.inflict-
lion of punishment, shall seek present gratifica-
tion. The cessation of disturbances will at least
give the Ministers an opportunity, undisturbed
by clamour and unawed by violence, to devise
measures for the public good. The turn-out was
the symptom of a deep-seated disease. It re-
quires instant attention and powerful remedies ;
and what, under such circumstances, are Ministers
doing ? In their hands are placed all the power
of Government, and they will hereafter be called
to account for their present conduct in relation
to the condition of the people.
The summer has passed away, the harvest is
abundant, a considerable supply of food has been
introduced from abroad, prices are falling; but
trade does not revive to any perceptible extent.
Enterprise has not started from her sleep. Last
week, probably, was as dull as most of its prede-
cessors. Indeed, employment seems decreasing
instead of increasing, and those who have during
the last two months found work in the fields, are
not likely, we are afraid, to find it in the towns
fur the next four. The report that a large ma-
nufacturerat Birmingham has begun to dimini3h
his workmen in consequence of the American
tariff, was thus mentioned at a meeting on the
Corn-laws held at that town on Thursday last :
They were, perhaps, well aware (said Mr. Swift,
the Chairman) that one of their most industrious, re-
spectable, and, he would say, one of the best manu-
facturers in Birmingham, had been compelled to give
notice to a large number of his hands ; that, in conse-
quence of the new tariff, he could no longer employ
them.—(Hear, hear.) That was true, or it was not
true.—(Hear, hear, and cries of "It's true.") Yes,
it was true that Mr. James James, who for twenty-
one years had never been compelled todischarge one
hand for want of orders, had now been compelled to
send an immense number of poor creatures upon the
world without the means of subsistence—(Hear'
hear)—solely on account of the American tariff.
'The question then came, what caused the introduction
of that tariff? He would say that it had been caused
by the bad policy of our Government, by the laws
which prevented the people of England from taking
the corn of the United States in exchange for our goods.
There was not a better conducted manufactory in
England than that of Mr. James James (mid Mr.
J. Hayman.) Attention was paid to the morals and
comforts of the people in his employ ; and it must be
a source of regret that such a man should be com-
pelled to turn his hands away. He had been credibly
informed, that the day he announced his intention to
his work-people, a very distressing scene took place ;
and well the poor people might feel the loss of so
kind an employer, if they even could procure .work
from others; but that they would not be able to do.
In fact, there was not a manufacturer then in the
room who did not know that the whole of the heavy
iron manufacturing trade, in this town and neigh-
bourhood, would be lost in the American market.
None but immense capitalists had any chance at all
of carrying on trade at present. The small manufac-
turers could not go on.
Notwithstanding the importation of a few head
of cattle, the measures of last session have failed
to give the country any material relief, and
something else must be devised. What do the
Ministers purpose—what are they dOing? The
Gazette informs us that they have issued a com-
mission to try the offenders; from the Court
Circular we learn that they have held a Privy
Council, and further prorogued Parliament.
They have agreed, also, to a form of thankgiving
for the abundant harvest. Lord STANLEY pre-
sented Sir R. WILSON, the new Governor of
Gibraltar to the QUEEN; and the Earl of ABER-
DEEN performed the same duty for the Right
Hon. H. ELLIS, ahout to proceed on a special
mission to the Brazils. He may be of some ser-
vice to the people, if he be allowed to invite the
Brazilian Government to good fellowship by pro-
mising a large reduction of the duty on Bra.
zilian sugar, otherwise the expense of sending
him abroad had better been spared. Such acts
as these are the only visible signs known of time
existence of Ministers; and we cannot flatter
either ourselves or the pnblic that they - will
much contribute to the restoration of prosperity.
It may be right to issue a Special Commission
to punish the offenders, but the Ministers will
not half do their dUty if they only inflict'
puniShment. Something more is wanted than
imprisoning and hanging people for offences.
That is an old and a very inefficacious remedy
for disorders arising from deficient nutriment.
No Minister can say, withont decrying his own
office, above all Sir R. PEEL—who took office to
remedy the public disorders, and would not pre-
scribe till he had been feed—cannot say that no
remedy can be found for the present state of
poverty and discontent. He is bound to find a
remedy for our disorders, bound to make the
people prosperous and happy, or bound to give
up the Government. He and the craft of poli-
ticians profess that their object and intentions
are to make the people happy. That is the trade
to which they have been brought up, and they
cannot say there is no remedy for the public dis-
orders, without abdicating, in fact, the functions
of Government.
Ministers seem to us to have no time to lose.
The beggary in the country claims instant re-
lief; to effect anything of importance, a combi-
nation of all the good sense which exists in the
public is necessary ; and to bring the public good
sense into active operation, it must be roused
and directed from head-quarters.
slidingS scaleome liints have been thrown out that the
that it will n
slide out of existence.ehxats sselidd. en a little so successfUlly,
ss
Istl.itdheeacgoairnn-alnadwsmaorree,toand
e
abolished next session, which will be justified by
low prices, now is- the time to inform the public.
At this period leases are renewed, and it will be
a gross injustice to the farmer
should Sir R.
PEEL contemplate any further reduction of du-
ties on tbreign agricultural produce, and not at
once make known his intentions. We know not
what the Government means to do; we know
what ought to be done ; and we know also, what-
ever the Government means to do, it cannot,

Whig and Liberal principles which the Chronicle
is, now making., from supposing that it will serve,
which we are assured it will not, the purposes of
party. To those remarks, which have our
e.,,rdial Concurrence, we must add that the
Chronic/e, by arguing against allowing the Ame-
ricans to have the free and unconditional naviga-
tion of the St. John's to the sea, and by its de-
sire to impede the commerce of the United
States, or levy tolls on it as it passes along that
river, beyond what may be necessary to main-
tain the navigation, acts a great deal worse
than the King of_HANovER. in relation to the
Stade dues. He only asks to maintain such
7,an ancient and onerous usurpation—the Chro-
nicle now to establish one. He seeks
.7
to keep a fetter on trade—the Chronicle
'yould fix another. It would now establish the
robber tolls of the middle ages, and glories in it

E SUN, LONDON, TUESDAY MORNING, SEPTEMBER 27, 1942,

for its own success, too soon make known its

The grand public dinner given to Lord Asti-
BURTON in New York on the Ist—particulars
of which will be found in another part of The
Sun of this day—is a sign of the times, as re-
spects the connection between England and the
United States, of the most
,auspicious import.
The dinner was given at Astor House, and is
described by the local journals " as one of the
most important and interesting fetes that ever
took place in America." Between two and three
thousand citizens had previously been introduced
to his Lordship at the Civic Hall, who warmly
congratulated him on the fortunate termination of
his labours; but indeed during the whole period of
hisstay at New York, he seems to have been re-
ceived by all classes with the utmost respect and
cordiality. To this agreeable fact Lord Asti-
istrivrox Makes allusion in his speech, dwelling
on it with grateful emphasis, as a strong proof of
the mutual attachment that—notwithstanding
the differences that have from time to time
arisen—still exists, and, in all human probability
will long continue to exist, between England and
America. " I am bound to state," added his
Lordship, " and I do it with sincere
pleasure, that I have met with nothing
on the part of the authorities of this
country, but the same earnest feeling of
good will, and the same desire for honourable
peace, with which I have myself been animated ;
and amongst all the memories which I shall carry
to the grave, none will be superior to those con-
nected with the last act ofmy life which brought me
here, and which has so successfully terminated."
There is an unaffected earnestness and sincerity
of feeling in these few and simple remarks
very unusual with diplomatists ; and they
appear to have made instant way to the
hearts of all who heard them. But the
Americans seem from the very first to have
been prepared to receive his Lordship with cor-
diality—a proof that his appointment was a judi-
cious one, though some of our Contempories
thought otherwise; and that Sir ROBERT PEEL'S
foresight did not lead him into error, when he
calculated that Lord ASHBURTON'S commercial
education, and plain, business-like turn of mind,
would tell greatly in his favour with Jonathan,
whose strong practical sagacity naturally leads
him to assess such qualities at a very high va-
luation.

The spirit displayed by all :present at the din-
ner to which we have been alluding, was of the
most satisfactory character possible. The diffe-
rent speakers seemed to vie with each other in
the expression of their delight at the prospect
of a lasting peace between the two countries;
and Mr. EVANS, of Maine, who took a part in
the negotiations, warmly declared, " in the ma-
nagement of this Treaty there has been a frank-
nessan openness—an earnest desire to settle all
difficulties without dissimulation, displayed on
both sides, which, it seems, beyond a doubt, has
laid the foundation for a long, a ;Listing, and a
glorious peace. between Great Britain and
America." Cheering words, and, we trust,
prophetic 1 Two mighty nations like this country
and the United States, who, between them, en-
gross almost the entire commerce of the world;
who are constantly acting and reacting upon each
other; and whom steam has brought into such
close fellowship together, that one may be said
to be the other's next-door neighbour ;—nations,
situated like these two, and speaking, besides,
the same language, glowing with the same
generous love of freedom, possessing the same
energies, and of necessity deeply interested
in what concerns each other's welfare ;
nations, we repeat, so situated, --should never so
much as dream of going to war, for it is a game
from which—be the results what they may—
both must rise up losers to a considerable amount.
Peace—lasting peace between England and the
United States should be—as it no doubt is—the
fervent wish of every good man in both coun-
tries. Lord ASHBURTON'S mission has done
much to insure this desirable object ; it has
dispersed the dark clouds that some months
ago hung over the political prospects of
both countries ; and implanted in the breast
of America a kindlier feeling towards the mother
country than she has experienced for years. past.
Thus thinking, we feel so charitably disposed
towards Lord ASHBURTON, that we are almost
tempted to forgive him for his past sins of
apostacy, and to regard him as a disinterested
public benefactor, even though he was once a
Whig, and is now a Tory.

passions and animosities of all classes have been
deeply excited by the late turn-out. It con-
cerned a question that comes personally home to
all the employers and all the employed in that
large district. Juries are, as the rule, taken from
only one class; and therefore we are afraid that
it will be impossible now to find impartial jury-
men in Lancashire. We do not suppose that
they will strain the law, .or strain their con-
sereilceS,bu t their minds are pre-occupied, and they
will not give to the circumstances which influ-
enced the conduct of the workmen that conside-
• ration which they ought to receive, and on which
depend much of the guilt or innocence of the
parties:
We are not quite convinced that even chang-
ing the venue to a different county, and appoint-
ing the COmMiasion to sit in Middlesex, for ex-
ample, could now ensure a Jury, to try questions
concerning workmen and employers, with perfect
impartiality, but we are pretty sure that it cannot
be obtained in Lancashire. We throw no blame
on the individuals, but on the Jury system,
which, however admirable as a means of protect-
ing the rights of the people, and doing strict jus-
tice on all questions in which the people and the
Crown come into conflict, seems nut well calcu-
lated to do justice in questions concerning
wages and strikes, and the consequences of
disputes between workmen and masters. Ap-
pointing the Commission to sit at Liver-
pool is perhaps as good a means to avoid
these evils as can be found, but it will be, we are
afraid, quite inadequate. By referring to the.
subject, and putting jurors on their guard against
their own bias, we may do some good ; and
therefore we call on them to remember, that in
the nature of things, on the subject of the late
turn-out, they cannot hope to be impartial.

Madridjournals, which we receive of the dates
of the 17th and 18th, are more occupied with the
circumstances of the late duel in Cadiz than
with aught else.
The Madrid Gazette publishes a circular of the
Minister of Justice, enjoining the tribunals to
prosecute duelling with the utmost rigour of the
law. Appended to this document is an article
recommending public functionaries" not to over-
step the limits within which the law has circum-
scribed them," and " never to enter into any
polemique with the journals about matters of a&
ministration."

The Government had obtained an advance Of
2,000,000 of seals ; the one from the Marquis DE
REMISA, and the other from SenorSEvILLANo.The
latter requested of the Minister of Finance that
his share of the loan should be distributed among
the civil and military pensioners of the State.

Senor GONZALES • had returned from San Sc-

bastian.

There was nothing certain as yet respecting
the convocation of the Cortes ; but it was be-
lieved that it would take place on Nov. 1.
The Government had appointed Senor Dio-
NISIO VALDEZ Political Chief of Cadiz, in the
place of the late Senor REISCII. Senor VALDEZ
had occupied a similar post at Barcelona in 1841,
and evinced considerable firtnneEs in the dis-
charge of his official duties. Cadiz was perfectly
tranquil on the 12th.
No fresh disturbances have occurred at Cadiz,
but the situation of the province is anything but
satisfactory.. Large bands of smugglers are still
assembled near Alicant, and appear to set the
troops at defiance. _

There a rumour of a project for overthrow-
ing the Government and re-establishing the Con-
stitution of 1812. The only chance of success
for such a demonstration would be in the defec-
tion of some of the army. but the spirit of the
troops is considered good at present, notwith-
standing the irregularity with which they are paid.
No business on the Bourse on the 17th.

The P hare des Pyrenees of the 21st instant
announces that General ZURBANO had arrived at
Barcelona, whither be had,been called by the
Captain-General to give an account of his con-
duct towards a French merchant of the name of
LEFEVRE, who had been settled at Girona for
the last 23 years. A suppressed convent in which
that gentleman had established a manufacture
being deemed by General ZURBANO an eligible
building fur a barrack, he ordered the owner to
evacuate it without loss of time. M. LEFEVRE,
who i* 73 years of age, having waited on the
General, and applied to him for a delay of eight
days before complying with that injunction,
"ZURBANO received hirn in the grossest manner,
and ultimately struck the old man in the pre-
sence of all the officers of his stall:" M. LESSEPS,
the French Consul at Barcelona, on hearing of
this outrage, immediately demanded satisfaction
of the Captain-General, who lost no time in sum-
moning ZURBANO to that city.
The Three per Cents. were done, on the lEth,
at 20i for cash ; and the five per Cents. at 264
for cash, and 27 264 if at 60 days. The debt
bearing no interest sold for 5 13-16, at 60 days.
There was little business negotiated on the 17th,
the. Three per Cents. having closed, at 211 ; and
the Five per Cents. at 234, at 60 days.

We believe no man ever was so cordially hated
as Sir R. PEEL is by the Old Tories. They
moved heaven and earth to raise a cry in his
favour at the general election, and when he was
fairly installed in Downing-street, they looked
forward with great complacency to the mighty
deeds .he was to perform for the extension of
the Established Church, the protection of the
agricultural interest, and the dominion of Oa
party in Ireland which claims King ERNEST as
their patron ; but on all these points they have
been wofully disappointed. No Whig or Radi-
cal is half so bitter against this great Conserva_
five leader, as the old English gentleman, who
gives daily that ancient and praiseworthy toast,
"Church and State." The agricultural interest,
however, appears to suffer more under his
inflictions than all the others together ;
for while Churchmen and Orangemen, and the
whole race of Conservatives, only anticipate evil,
the landlord and tenant actually feel the effects
of his dangerous policy. The prices of cattle at
all the late fairs haVe fallen ; enormous quantities
of corn have been imported ; and when the 10th
of October comes, and American pork is ad-
mitted at the reduced duty, the trade of the
graziers and pig-feeders will be at an end. All
these calamities, too, come upon them in direct
contradiction of solemn statements of Sir R. PEEL,
backed by the opinions of political economists.
They were assured that no cattle could be
brought from Spain, and that the number which
could be introduced from Holland and Germany
would be so small, that it could have no other
effect on the English market than to keep prices
steady ; yet they are pouring in from all quar-
ters, and, consequently, have caused a loss to
the graziers of about 3/. a.head. " The new
tariff, in fact," says a Tory journal, " threatens
deqtruction to the agricultural capital and in-
dustry of England;" and the writer, therefore,
argues that it will prove subversive of that agri-
cultural system on which the greatness of Eng-
land rests. The opinions of persons whocan advance
such a doctrine require no notice, for it is a well
ascertained fact, that but for the manufacturing
interest, which gives rise to our vast trade and
commerce, England would have been at pre-
sent only a fifth-rate Power. We feel
no such alarm at the fall of prices, be-
cause it arises more from anticipation than
reality, and when the panic has subsided prices
will, in all probability, become more favourable
to the farmer. In the meantime, the public in
general will feel the advantage, trade will be
encouraged by the cheapness of provisions, and
another bond of union between this country and
other States will be established.

We have received the Paris papers of Friday
and. Saturday. The American Treaty, and the
desire for peace evinced by most European
States, begin to produce a good effect even on
warlike France. It appears from the Commerce
that the French Government, confident of the
maintenance of peace, contemplates great re-
ductions in the land forces, and that the effective
force of every regiment of infantry Nv ill be re-
duced from 2,120 men to 1,800. According to the
same journal, the Government contemplated
forming a corps of Municipal Guards sufficiently
numerous to constitute in itself the garrison of
Paris, when the fortifications shall have been
completed. The troops of the line would then
be quartered itethe detached forts and in the
fortified barracks contiguous to the enciente
continue.

An order appeared in a Supplement to the
Friday's Gazette to hold the Special Commission
which is now issued fbr the trial of offenders in
Lancashire, at Liverpool. This order was made
under an Act passed during the reign of the late
KING, which enables the Privy Council to select
places for holding" assizes and sessions. It
seems to have .excited some surprise in
Lancashire, and may occasion some incon-
venience but if our conjecture as to the
motives which dictated it be correct, it is deserv-
ing of praise. It probably spares some expense,
the greater number of prisoners to he tried
being in the Salford and Xirkdale gaols. But
the principal motive, we apprehend, for the
removal, was to secure as far as possible an im-
partial and enlightened Jury. If 1t can be found
in any part of Lancashire, it will be in the neigh-
bourhood, we should suppose, of Liverpool.
We, own, however, that we are inclined to
think that it will be impossible at present
to find an impartial. Jury in Lancashire. The

The notorious DEUTZ, whose name has been so
odiouslfmixed up with the arrest of the Duchess
of BERRY in November, 1832, had been arrested
in Paris, and was on the point of being tried
under a charge of mendicity and vagrancy. The
unfortunate wretch, after squandering 500,000
francs, paid, him. for betraying that Princess,
had fallen into the most abject misery. It will
be remembered, that he, 'abjured Judaism, and
was admitted .into the Catholic Church, under
the auspices of the Duchess-of BERRY, who had
even condescended to act as his godmother on
his baptism. In 1833 DEUTZ returned to his
original creed, and whilst his father lived he re-
ceived from him ample means of existence.
After the death of his parent he was obliged to
have recourse to the charity of his co-religionists;
but this resource at last failing him, he was re-
duced to beggary, arrested in the street, and
lodged in a charitable asylum'
The Commerce statei
that M. GUIZOT and
Admiral DupEaRE were to leave for Eu on
Saturday, to give an account to the KING of the
result of the first meeting of the Commissioners
appointed to examine the different questions
relative to the gum trade, which took place at
the Ministry of Marine on Friday. The Com-
mittee assembled under the presidency of M.
GAUTIER, a Peer of Franco, and is said to have
been attended by the Prince D JOINVILLE.
The French linen manufacturers are very
jealous of the favours granted to Belgium. The
Constitutionnel proposes that the importation of
linen front Belgium to France be limited to the
average quantity imported in the last years, and
the duty raised as soon as this quantity is attained
in each Year.

"
The Courriep Francais makes the following
remarks on the AS lIIIVRTON treaty :
We do not blame
England for having reesta-
blished, even at a considerable sacrifice, friendly rela-
tions with the United States. We have never desired
to see
not of those who look with joy upon a tempest, in the
hope of
a war between the two countries, for we are
geetuttinwgatshieiolt.e.
remains
of opinion that France is , strong enough not to
stand in need of.weakness on the part of her enemiesi
itna anyin s :‘ ovaf.y some wreck; and we
called. upon to favour
The treaty which has just been concluded does nottherefore, cause• us any mortification. The French
Goverran
the solution of t,'-sq existing differences, but we saw
with pleasure.that it did nothing to envenom them. It,
was necessary in this case to abstain from rendering
ourselves
either ridiculous or odious ; and, by a very

lucky chance, the policy of M. Guizot, which con-
sists in action, was in the present instance per-
fectly in accord with the true nature of events.
Thus we do not blame the treaty. It is
not our intention to Jay hold of it as a
pretext for exalting the United States, or humiliating
England. The denouement of this long and irritating
negotiation may, however, serve as a lesson for our
Government, and we have, therefore, a right to deduce
the, consequences which appear to us to arise out of it.
England had set up certain pretensions as td vessels
navigating under the American flag. These preten-
sions, which were equivalent, to the right of search,
' are evidently abandoned by the treaty. It is merely
declared that each of the contracting parties shall keep
on the coast of Africa, for the suppression of the slave-
trade, a squadron of not smaller strength than 80
guns, and that the Commanders of the two squadrons
may act in concert. This is the solution which we
pointed out for France, and on which M. Guizot had
the fault of not insisting. The example of the United
States proves that/England is capable, whatever some
persons may say to the contrary, of renouncing her
pretensions to naval supremacy whenever she finds
herself in presence of a. Government that refuses to
yield to them. What Mr. Webster has .done,_ M.
Guizot ought to have done. The treaty which Lord
Ashburton has just signed is the most formal con-
demnation of that which M. Guizot signed on De-
ceniber 20, 1841."
BOURSE—Pams, SATURDAY, SEPT. 24.
First Highest Lowest Last
Price. Price. Price. Price.
French Five per Cents. 118 80... 11'8 85... 118 75... 118 80
Fours lOl 35... 101 35 .. 101 35... 101 35
3 per Cents BO 20... 80 25... 80 20... 80 20
Bank of France 3260 —.3260 ...3260 .. 3260
Laffitte Bank 5,000 f 5047 50...5047 50...5047 50...5047 50
Belgian. Fives lO4 ... 104 i ... 104 i ... 104 i
1840 los* ... 105 i ... 105 i 105*
Spanish Passive
Portuguese Fives
Neapolitan... lO7 30... 107-30—. 107 30... 107 30
Roman .

RAILWAY SHARES .
Versailles, R.B 252 50... 232 50... 252 50... 252 50
L.B 9B 75... 98 75... 98 75... 98 75
Rnuen
Orleans.
Stsubsgs:ta Bale 205 ... 205 ... 205 ... 205