The Sun.
London, England, 1842-01-24 00:00:00

iitg

LONDON
MONDAY, JANUARY 24, 1842.

maritime community; and that the fate of few
or none of the many ships which go to sea, ex-
cept the rotten timber ships, in which from the
influence of the timber duties our seamen are
annually drowned, remain unaccounted for.
Piracy, therefore, is neither very frequent, nor,
when it is committed, does it remain unknown.
Scuttling vessels, or making their crews walk
a plank, is a practice only of ancient times, and
those who would now establish a police to pre-
vent it must be better read in the history of the
Buccaneers than in Lloyd's Lists. Modern pi-
rates are all plunderers, and rarely wholesale
murderers. Their humanity has outgrown the
practice of drowning the whole crew to conceal
the evidence of their guilt. The motives which
they have for piracy lead them into some port
to sell their plunder, and as almost every part of

the world is now under, or near the jurisdiction
of some settled Government, every act of piracy
is soon published to the world, and a means
taken to apprehend the pirates.
It is one feature of this case, that the piracy
must be committed by some one species of ves-
sels, while the species of vessels which traverse
the seas are extremely numerous. In modern
times pirate vessels are generally small, low
brigs or schooners. They must be armed, and
they must carry an unusual number of men. The
pirate vessel must be either a schooner, a brig,
a ship, or a barque. She is either long and low,
or short and broad, of the size of 100 tons, or
300 tons. She is a clipper or junk, or of some
particular and almost unmistakeable description.
To prevent such a pirate escaping, it would not
only be needless, it would be a waste of time,
and tend to her escape, were the cruiser sent after
him to stop and overhaul every vessel that might
be in his track, though as different from him as
a river-barge from one of her Majesty's war-
steamers.

But when acts of piracy have been committed,
and the pirate vessel is described, we believe
that the captains and crews of merchant vessels,
so far from obstructing cruisers in finding out
the pirates, would, in the great majority of cases,
lend their most willing aid. Their lives and pro-
perty are in jeopardy from the pirates, and in-
stead of resisting examination by any men-of-
war, they would appeal to the men-of-war in their
vicinity, of whatever nation, for protection, and
be sure to find it. Nor would any captain of a
merchant vessel, nor even a captain of an Ame-
rican man-of-war, to whom it should be ex-
plained, that piracies had been committed in the
neighbourhood, that his vessel corresponded to
the description given of the pirate, object to
show who and what he was, or in any way en-
deavour to thwart a cruiser which was in pur-
suit of some marauder. it is true that we call
the slave-trade piracy, and in suppressing that
we are thwarted; but, henious as the offence is,
we have no right to quarrel with those nations
which have not yet become, atter we had car-
ried it on for many years, converts to our mo-
dern opinions. Those who will not help us to
suppress the slave-trade will willingly help us to
suppress that piracy which preys on their ship-
ping as well as on ours.

We contend, then, in opposition to those who
demand a great system of maritime police to
prevent or suppress piracy, that a system of
police amply sufficient to the purpose already
practically exists. It will be time enough to
doubt it when some national flag has protected
a,known and acknowledged pirate. We contend,
too, that practically a recognized right of search,
so far as is necessary for the suppression of piracy
already exists, and is cheerfully and willingly
submitted to, and enforced by, all maritime
nations. We further contend that it would be
quite unnecessary to stop all ships, a great
Indiaman for example, even when piracy was
common, committed by a Baltimore clipper per-
haps, to make them prove that they were not
pirates, while it would be most absurd and mis-
chievous to stop them when no piracy was heard
of. To suppose that there is a necessity for a
general sea police to examine all vessels, in
order to prevent piracy, is tantamount to sup-
posing that every man who walks or rides
abroad, must be stopped by some Government
authority, and made to give an account of him-
self, even when no robberies are ever heard of.
What the Americans resist, and most justly,

We read in the daily and weekly papers, in
leaders and in letters, a great deal of what we
-must take the liberty to denominate ignorant
gabble, about Piracy, all of which ends in
,some reclamation against the monstrous folly
of supposing that to hoist an American flag is
to protect a pirate, or in favour of a general
.police of the seas to overhaul all vessels and to
secure commerce against piracy. From the per-
severing industry of these writers it might he
supposed that every quarter of the world is in-
fested with pirates, who could not be put
down because they are protected by some
national flag. The reverse is the case, and
with the exception of the slave trade, which has
only recently been declared piracy—and which
the money-loving planters of our colonies are
_extremely anxious to renew, disguised under
another name—the seas, it is believed, never
were more completely free from piracy in every
qtiarter than at present. We have heard of one
American vessel having been recently boarded
and plundered ; we have heard of pirate junks
in the. Chinese seas, and of some pirate boats on
the coast of Greece ; but, in general, we repeat,
piracy is seldom heard of.
The zeal of these scribblers to subject com-
merce to new thralls, is the sickly offspring of
the false theory that nothing in this wide world
can be well done which is not done or controlled
by Governments, and which would have a police
with passports for the sea, as there is upon the
. land, so that no man or ship should voyage or
travel an inch without a ticket from some con-
stituted authority. At the present day, as is now
generally acknowledged, there is no part of the
frorld—he it the United States, where the mone-
tary icystem, the offspring of Government, is

is, using the suspicion of piracy as a pretext for
stopping their vessels, and subjecting them to
the brutal insolence of a sea police. Far from
blaming them for that, we think they are per-
fectly in the right, and we hope that the ship-
owners of England will imitate their example;
we are sure they will if they study their own in-
terest, and protest at once against establishing a
general maritime police, for which a whole herd
of ignorant unthinking writers are now daily and
weekly calling.

Sir ROBERT PEEL has given the vacant
Bishopric of Chichester to Dr. GILBERT, the
Principal of Brazen Nose College, and the
staunch opponent of the Puseyites. He was the
person who called the orthodoxy of Mr. WIL-
LIAMS in question, and organised the opposition
to him on account of his theological opinions.
For his opposition to the Puseyites and his
triumph over them Sir R. PEEL has rewarded
him. We at once see which theological party is
in the ascendant, and that Sir ROBERT is
resolved to restore harmony to the Church
by quashing Puseyistn, He may affront many
friends by that, he may kindle the anger
of the Puseyite Post and the Puseyite Times,
but he is so strong, and so much the necessity of
his party, that he may despise them all, and
neither Puseyite Journals, nor Puseyite Parsons,
will show any anger at his decision.
We think that they are very properly treated.
They could not have been more contemptuously
slighted had they gone to the poll and been de-
feated. Their retreat betrayed the insincerity of
their own professions, and invited the opponents
of their theology to despise them. If it be
true, as asserted, that the Puseyites are merely
looking for promotion in the Church, this decisive
step of the Premier will soon silence them, and
probably extinguish the sect for ever. That
would be a pity, the men are so learned.

We believe with regret that no steps have yet
been taken to form and lead an Opposition dur-
ing the ensuing Session of Parliament. If they
have, they are so secret that those most inte-
rested in the knowledge have received no com-
munication on the subject. This is not as it
should be; and if the late leaders of the Li-
beral party decline the honour, perhaps be-
cause they cannot make up their minds
to sanction the enlarged demands of the
Anti-Corn-law people, they ought, in courtesy to
many disinterested and staunch followers, to
make known their intentions. They were mainly
instrumental in making the Corn-law repeal, or
modification, a party question, and it will not be
manly to run from the helm while the storm
which they have evoked is raging. We hope,
speedily to hear, therefore, that Lord JOHN.
RUSSELL has asked. the Opposition Members to
meet him, and is prepared, by a bold and just
policy, again to unite the bulk of the people
around the Liberal standard.

With respect to the great question of the Corn-
laws; that is now placed in such a position that
the Legislature cannot shirk it. We need ad-
vocate it no more;, it has penetrated into the
,hearts of the people, and the abolition has be-
come, as it were, an indestructable part of the
national mind. The Corn-laws have been taken
up by the ministers of religion, removed from the
domain of 'calculating economy, and placed,
like wilful " murder, in the category of
crimes, To, argue that fraud can be bene-
ficial, that murder is injurious,- is a ridiculous
superfluity. In fact, the public has taken the
question out of the hands of its newspaper advo-
cates, and in spite of all opposition will carry it
to a successful issue. The zealous and fervent
men who carried the slavery abolition, and are
now zealous also to carry Con,-law abolition, will
admit, we are sure, of no compromise; they will
not sit patient under, much less sanction, half a
felony; and now that the question is in their

a complete blunder; be it France, where dis-
content continually endangers the existence of
the throne; or be it England, where ter-
rible diotiess brands our so-called paternal
• Government as an imposter—where the proper
work of Government is done with eNcri•
an approximation to propriety and success. On
"Ibis account the idea of extending the sphere.o
the operations of Government over the sea seems
-, at present pre-eminently ct„Lisurd.
At the same time :the practical ignorance 0' f
theo"-sea,poliee r.ealots is astonishing. -They
suppaS` that there are fleets of pirates at sea,
and that they sack and sink vessels and murder
the crews, without their deeds ever becoming
known ; while the facts are, that no single
pirate vessel ever makes her appearance in the

- -
rdinary track of merchantmen without the C

unutance being soon known through every

Journals.

bands, sliding scales and fixed duties must both
be given up.

By the arrival of the packet-ship Cambridge,
Captain BARSTOW, at Liverpool on Friday even-
ing, we have received New York papers to the

4th inst., being four days later than the last arri-
val from that city. The Ist being New Year's
Day, was observed as a holiday, and on the 2d
(Sunday) little or no business was done. On the
3d, business transactions were rather brisk, pre-
paratory to the sailing of the packet. The year
just closed had been very far from a prosperous
one for the commercialists of the United States.
Brightand cheering were the prospectswith which
the American journals ushered in the year 18,11.
The banks in Philadelphia had declared their in-
tention of resuming specie payments, and four-
teen days subsequently did actually resume them.
The banks of Baltimore and Virginia, and those
of the South and West, were expected to follow
the example of Philadelphia; instead of which
they resolved not to resume, and thus the
whole banking system was thrown into a
state of inextricable confusion. The Phila-
delphia banks could not stand alone, and
thus the entire currency of the country at
home became deranged to the material injury
of the national credit abroad. To remedy these
evils a Bank Bill was prepared, but when it was
about to pass Congress, President HARRISON
died, and his successor President TYLER, thought
proper to veto to it, and thus leave matters as
they stood. Congress is now assembled, but
there are few indications that much good will be
done this year. The amendments proposed in the
Constitution, and the right of search question, are
dwelt more upon than the monetary affairs of the
Union. The currency is in a deplorable condi-
tion, and some States are without a currency at
all. Stocks of all kinds have fallen within the
year to a ruinous extent. As compared with the
31st of December, 1840, the 31st of December,
1841, exhibits a decline Of 25 per cent. in Pen-
sylvania Stocks, 27 in Ohio, 57 in Illinois Bonds,
57 in Indiana, 34 in American Exchange
Bank, 44 in United States Bank, 34 in
Mechanics ditto, 60 in Farmers' Trust ditto,
65 in Illinois State ditto, and so on
of all other descriptions of American domestic
stocks. Much of this evil is attributable to the
influence of newspapers opposed to the credit
system; but the system must have been unsound
which fell before the attacks of BENNETT'S He-
rald, notwithstanding their quotation by the
London press.
There is one piece of information brought by

UMMLinY OF NEWS
AND
übitc

" Who runs may read."

rOP.F.IGIT.

MM. de Valmy and Thiers were the principal speakers
in the French Chamber of Deputies on Thursday, on
the question of the Address. Both opposed the re-
entrance of France into the European concert.
On the 13th inst. Senor Olozaga presented to the
Spanish Chamber of Deputies an address in answer to
the Regent's Speech from the Throne, conceived in a
spirit very flattering to the Government.
The French journals having asserted that M. Gon-
zales had presented to the Queen the Royal Speech at
the opening of the Session, and that her Majesty had
handed it to the Regent, the Gazette of the 13th declares
that, after the Queen had ascended the throne, the Mi-
nister for Foreign Affairs presented himself the speech
to the Regent, without its passing through the hands
of her Majesty.
A letter from St. Petersburgh of the Bth of January
says :—"lt is positively affirmed that the army will be
considerably. reduced immediately after new year. Some
steps preliminary to the measure have already been
taken ; the places of Commandants in several fortresses
are abolished, the battalion of the reserve in the regi-
ments of infantry are to be broken up, &c."
Letters from Nice announce the death in that town of
Count Grote, formerly Hanoverian Ambissador at the
French Court. _

these Journals, which is calculated to encourage
a hope that something will be done by the Legis-
lature to settle the currency question. It is
this :—there is not money in the State coffers
to pay the wages of the members of Congress.
Now, although the members of Congress might
bear with tolerable equanimity the empty cof-
fers of other people, they will not exhibit any
surprising indifference to the state of their own.
Congress is composed of men by no means indif-
ferent to their own interests.
On the 31st ult., a steamer went down to the
quarantine ground, New York, to receive the
luggage of Sir CHARLES BAGOT, Governor-Gene-
ral of Canada, on board the Illustrious, 74 :
forty-two tons of luggage were hoisted on board,
including two carriages. The Illustrious saluted
the United States flag with twenty-one guns, and
it was not till the officers went on shore that they
learned that the Prince of WALES was born,
whose health was quaffed in many a bumper.
The New Yorkers received the British officers
with great courtesy, and several entertainments
were spoken of as intended to be given to them.
Among the first to visit Sir CHARLES BAGOT was
Lord MORPETH.

The Crown Prince of Hanover has been indisposed for
some days.
Letters from Copenhagen of the 14th inst. says :
"By a Royal resolution of 29th December, the sum of
38,000 dollars is assigned for the erection of a light-house
on the Han.sholm, on the north-west coast of Jutland.
According to a stipulation in the treaty on the Sound
Dues contracted with England, the sum of 2,900 dol-
lars is to be allotted annually, in the budget, to keep
it up.

The capture of the Texan Santa Fe expedition
by the M ex ire, s isconfirmed in these Journals.
Want of space prevents us from publishing the
details to-day, but they will shortly appear in the
columns of The Sun.

There is no news of any interest in the French

The Minister of War has decreed the esta-
blishment of libraries in all the military posts
throughout Algeria. Each of them is to consist
at first of between 200 and 300 volumes, treating
of the art of war, geography, history, voyages,
literature, sciences, and arts. Five of those li-
braries will be opened in the chief towns of
Bona, Constantine, Oran, Mascara, and Philippe-
ville ; and eleven others in the secondary posts
of Blidah, Boufarik, Bugia, Cherchell, Djidjeh,
Guelmah, Koleah, Medeah, Milianah, Mosta-
ganem, and Setif. Algiers already possesses a
library and a museum.
The Augsburg Gazette of the 16th instant
states that the Greek Bishop of SERAJEWO had
been deprived of his rank for having made some
complaints in favour of those of the Greek Church
under his care. A short time since the Vladika
of MONTENEGRO received a considerable sum
of money from the Emperor of RusslA, toge-
ther with the cross of the order of St. ANNE, set
in brilliants.

PUBLIC OPINION.
The Post, arguing upon the statement made lately by
the Chronicle, that orders for woollen cloth to an im-
mense amount can be executed in Belgium and Prussia
at a rate of 15 percent. under the rate of British manufac-
ture, observes that, if this be so, it is sufficient to show
that all our boasted manufactnring advantages are quite
insufficient to secure that monopoly of the markets of
the world, " which the organs of the British manufac-
turers are in the habit of so modestly claiming as their
undoubted right."
The Chronicle appears to anticipate but little public
benefit from the approaching Session of Parliament, and
comments on the continued reserve of Sir Robert Peel
and his organs, as regards the measures of Government.
" If," says our Contemporary, "we were to conjecture
the plans of Ministers from the speculations of the Press
by which they are supported, we should feel very posi-
tive that it was the intention of Government to repeal
the New Poor-law, and restore the old ; to abolish the
Penny Postage and restore the old rates ; we should
believe that the first measure of the Session would be
one for limiting the hours of labour in our manufactories,
and the second one for restricting the use of machinery."
The Times gives a flat contradiction to the statement
that the East India Company have given an order to
foreign manufacturers for a large amount of military
clothing, observing " this, to be sure, was given as a
mere rumour, but a rumour which all presumptive rea-
sonings must have served to contradict. The report
was entirely without foundation, and the whole super-
structure, therefore, built upon that stupid assumption,
falls to the ground."
The Advertiser, speculating. on the proceedings of the
approaching Session, is of opinion that the intention of
Sir Robert Peel is to content himself with a very vague
reference, in her Majesty's Speech, to the existing dis-
tress, and to his meditated measures for a modification
of the Corn-laws. "And the ground," adds the Adver-
tiser, " on which he has come to this conelusion is, that
it will be far better to make these questions the subjects
of specific statements at an after period."
The Herald contains an article on the subject of the
withdrawal of the Puseyite candidate for the Oxford
Professorship of Poetry, wherein our Contemporary con-
gratulates his readers on the circumstance, and adds,
" We look upon the result of the struggle as a signal
triumph to the Established Protestant Church of this
country ; but by no means as the extinguisher of the
Newman and Pusey Romanism."
We quote the following from the Durham Chronicle:—
" The election of Lord Morpeth, by one of those simul-
taneous and powerful impulses of public opinion which
every now and then mark the sense of a people on ques-
tions of deep national interest, would be a condemna-
tion of the character and policy of the Peel Government
rather too decided and unequivocal to be acceptable either
in Downing-street or Dublin Castle. So, for the grace
of both, Dublin Castle has put itself forward, by the ex-
ercise of all its influence and authority, to preserve Down-
ing-street from the mortifying humiliation of defeat."
The Hull Advertiser, writing on the Corn-laws, ex-
presses itself as follows :—" The poor Tory who resists
the repeal of the Corn-laws, is either the most infatuated
or the most self-denying of men, for he voluntarily with-
holds bread from his starving family to increase the ren-
tal of a landlord who is less solicitous about his exist-
ence than that of a deer in his park, or a pheasant in his
preserves."
The West Briton observes—" We meet with complaints
in some of the Tory journals that Mr. O'Connell does
not, in his magisterial capacity, repress his feelings of
partisanship. It was scarcely to be expected that Daniel
would exhibit a perfect model of decorum, but his sins
in this way do not appear to us very flagrant. If the
Tories wish, however, to pu.,ish open partisanship in men
high in authority., their indignant virtue may find ample
scope for displaying itself in another quarter."
In reference to the Dublin election, the Dublin Even-
ing Post remarks :—" The Reformers are thoroughly or-
ganised, and prepared for the struggle, and they will
enter_ the lists in the full confidence of victory. In a fair
fight—upon equal terms—the enemy would not dare to
show themselves, because they know that a vast majo-
rity of the electors support Lord Morpeth. This is well
known at the Castle, and hence the reckless intimidation
openly practised—the public use of the Viceroy's name,
as the partisan of the Orange candidate I"

The Paris correspondent of the Augsburg Ga-
zette states that the Prince of CAPUA had re-
quested the mediation of Lord ABERDEEN be-
tween him and his brother, the King of NA-
PLES. It is said that Queen VICTORIA had as-
sisted the Prince with a loan of money.
The Journal du Havre of the 10th of January has the
following notice :—" A letter from a respectable quarter,
which has been received here this morning, announces
that it is almost decided that the plan for completing the
iron railway from Paris to the sea, will be presented to
the Chamber in the course of this session. It is added,
that two companies have made offers to undertake the
work."
The day before yesterday, by virtue of a mandate of
the Prefect of Police, M. Gilles, Commissary of Police,
of the quarter of Mont de Piete, went to the residence
of M. Itegnier Becker, a factor in the Rue de Chaume,
No. 9. M. Becker is accused of having been concerned
in the manufacture of forged notes on the Bank of Haiti.
M. Gilles likewise seized some important papers relative
to this affair.—Constitutionnel.
The Court yesterday continued the examination of
witnesses in the affair of M. Lehon, the ex-notary.
These depositions disclosed a great number of instances
of abuse of confidence, abuse of power of attorney, of
swindling, &c. The affair will take up several days.
BOURSE—PARIS, THURSDAY, JAN. 20.

MONEY-TRADE-COMMERCE.
The trade of Leicester, which at this season of the
year is generally flat, is at the present time better than
usual, and considerable improvement is expected during
the year.

PUBLIC IMPROVEMENTS.
The Conservative Club have purchased the site of the
Thatched House Tavern, St. James's-street, for the erec-
tion of an additional Club-house.
MEDICAL.

first Highest Lowest Last
Price Price. Pric., Prier,
French 5 per Cents ll7 80 ... 117 85 ... 117 80 ... 117 85
4% per Cents.
3 per Cent? 7B 90 78 90 78 SO 78 85
Loan
lank of France
Laftitte Bank
5. I,ooot. Shares 1025 ...INS. ...1025 ...1e25
0001. Shares 5027 50 ...5027 50 ...5027 50 ...5027 50
Belgian Bank ...... 782 50 ••• 78.2 50 ••• 7,,,82 50 .•• 782 50
Belgian 5 per Cents.
S per Cents., 1840 105% ... 105% ... 105% 105%
3 per Cents 72 75 ... 72 75 ... 72 75 ... 72 75
Spanish Active .....»..•....» 2511 ... 254 25% ••• 25%
Passive 5% ... 5% ... 5% ... 5%
New Deferred
Portugueses per Cents. 263428% ... 98% ... 28
Neapolitan •"/ R 0 ... 207 60 ... 107 60 Kr7lo

loot 1045( tO4SE
RAILWAY SHARES.
Versailles. R. 8... 342 50 „. 342 50 „. 342 50 ... 342 50
208 25 ... 206 25 ... 208 25 ... 2041 25
Rouen 00000000 •••••••••••••••••••••• 485 ... 485 „. 482 50 ... 481 50
Orleans ..... 518 75 590 ... 518 75 ... 530
Strasburg to Bale 230 230 228 75 290

THE DUKE OF CLEVELAND.
On Saturday morning Sir H. Halford, Dr. Cham-
bers, and Mr. Cutler visited their Noble patient ; we re-
gret to state there is no alleviation of his sufferings. A
bulletin was issued at one o'clock, of which the following
is a copy :—" His Grace the Duke of Cleveland has
passed a restlQss night, and is not quite so well to-day as
he was yesterday."
" St. Jaraes's-square, 22d January, 1842."

A late Bombay paper states that when the plague
devastated Malta, about 3.0 years ago, the commanding
officer of one of the garrisons, hearing of the escape of
the oil-porters on the opposite coast, ordered his men to
immerse their linen in oil every morning, which entirely
secured them against the disease.

-
THE WEIGHTS AND MEASURES ACT.—
On Saturday at the Petty Sessions, holden at the Holland
Arms, Kensington, Mrs. Riddell was charged with hav-
ing a weighing machine of an unjust standard. The
machine was produced, and was of the most clever con-
struction ; it appeared perfectly correct until the weights
were added ; but upon a 41b. weight being placed in each
scale a false draught of 4oz. was discovered, and there
;vas a gain of one ounce in the draught upon every
pound beyond. The defendant said she had recently
taken the shop, and the scales were a part of the fix-
tures. She solemnly declared her ignorance of their de-
ficiency. It appeared that the defendant was a respect-
able deserving woman, and the Magistrates fully excul-.
pated her from any blame, and only fined her a shilling
and the costs, which were, however, generously declined
by Mr, • Connell, the clerk.
STATE OF TILE BOROUGH.—Nothing can pre-
sent a clearer proof of the strong moral character of the
poor half-starved English artisans than the decrease of
crime at the present, unprecedented season of misery and
privation—a time when a great majority -of the people
are absolutely starving, and yet their honesty remains
unshaken. According to the calendar of our approach-
ing sessions there are only ten cases for trial, and these
are principally depredations committed by old offenders,
practised thieves—raen, whom no circumstances would
make honest.—Munchester Times.

THE SUN, LONDON, MONDAY, JANUARY 24, 1842,

-
yet, so its too soon for my
.husband to be kicking me 1"
Tastes differ ; some married men would say that its
never too soon to commence a: wholesome course o! ma-
trimonial discipline.
A Calcutta Journal says :—" Cases of bigamy are
becoming very frequent in Calcutta; a gentleman is
under prosecution for marrying three wives, and a lady
is in a like predicament for marrying two husbands."—
These accidents, we suppose, are owing to the extraor-
dinary heat of the climate !
Sir John Dugdale Astley died on Wednesday last at
Everleigh House, Wilts, aged 64.
The coming of age of Lord Curzon, the eldest son of
Earl Howe, was celebrated at Gospall Hall on the 18th.
It was at this fine mansion that Handel wrote many
of his oratorios, and it is asserted that one of the present
Earl's ancestors selected the words of the Messiah for
that great composer.
The number of deaths in the metropolis during the
week ending January 15 was 1,042, being 71 more than
that of the preceding week. Those from diseases of the
lungs have increased enormously within a few weeks.
In the week ending December 11, they were only 218,
while last week they amounted to 356.
HUr.-7.07112 OF THZ DAY.
It is reported that Dr. Gilbert, the principal of Bra-
senose College, Oxford, will be the new Bishop.

MONEY sud COMMERCIAL NEWS.
(From The Sun of Saturday Evening.)
LIVERPOOL COTTON MARKET, JAN. 21.—The de-
mand for Cotton has been fair, but the market, freely
supplied throughout the week, closes heavily at a
decline of an id. per lb. from last week's quotation of
American descriptions, particularly in Cotton of the
new crop, in which a decline of id. per lb. has in some
instances been submitted to. The sales of the week
amount to 20,840 bales, including 500 American on spe-
culation .; 700 American and 300 Surat for export.
LIVERPOOL SHARE MARKET, JAN. 21.—The trans-
actions at the Stock Excb ange this day comprise—Eastern
Coanties, 81 ; Great Western, 87; Londoi and Birming-
Birmingham 32/. Shares, 574; London andßrighton, 371.
MANCHESTER STOCK EXCHANGE, JAN. 21.—We have
no material alteration in our Share Market, prices con-
tinue firm, with but little doing.—Glasgow, Paisley, and
Greenock, 221. 1 ls. 3d., ex div. ; Midland Counties, 82 ;
Manchester and Birmingham, 271 ; Manchester and
Leeds, Quarter Shares, 3/. 19s. ; Macclesfield Canal, 15.
Consols opened at 89 1 for Money, and 894 4 for the
Account ; Exchequer Bills 16 18 prem.
Spanish Active Stock, 24i 25 ; Portuguese Five per
Cents. 331 344 ; ditto Threes, 20i.
PRICES OF IRISH STOCKS, DUBLIN, JAN. 20.
3 per Cent. Consols
Three and Half Stock 9B Grand Canal Stock ...
Ditto Reduced ...... Ditto Debs. 6 per cent...
Ditto New 1830......... 99 Ditto 4 per cent ...
3 4per Cent. Debs.
There has been but little business transacted in the
Stock Exchange. Both Markets remain firm.
Consols are now 891 for Money, and 894 4 for the Ac-
count; Exchequer Bills 17 19, and India Bonds 10 12
prem.; Bank Stock, 1671; India ditto, 2474.
Spanish Active Stock 25; Belgian Bonds 1024 • Mexi-
can, 291 ; Portuguese Five per Cents. 34; Dutch Two-
and-a-Haf per Cents. 514; ditto Fives 1011 4.
The ';hare Market is fiat with but little doing. Great
Western 871; Ditto, Fifths, 10; London and Brighton
37; Ditto and Birmingham, 170; London and South
Western 58.