The Sun.
London, England, 1842-11-07 00:00:00

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THE FUNDS-(CLOSING PRICE-S.)
BRITISH FUNDS.
Dank Stock
3 per Cent. Red. .... ... 931 Ditto Bonds .... —pm
3 per Cent. Cons... 93 !Ditto Old Annuities ... 91
3i per Cent. Red......... 106 Ditto New Annuities...
New Si per Cent... ...... 101 Ex. Bills, 1,000/ 2d. 60 pm
New 5 per Cen' — Ditto 500/...... 60 pm
Long Annuities to expire Ditto Small 6O pm
Jan. 1860 .. l2 5-16 Bank Stock for Acct. 169
Oct. 1859
Jan. Ip6o 124 Consols for Acct.
FOREIGN FUNDS.
Austrian, 5 per cent.... Portuguese, 5 per cent.
Belgian, 5 per cent lO2 Ditto, New Ditto —
Brazilian Bonds 634 Prussian, 5 per cent..,.
DuenosAyres6 per cent — Russian, 5 per cent....,,
(Affirm 6 per cent Ditto, Metallic ...... . ....
Colombian, 6 per cent — 'Spanish, 5 per cent...... 18
Ditto, ' 1824 2li Ditto Deferred.... . 10a
Cultaßonds, 6 per cent 79 French, 5 per cent. —f. —c.
Danish, 3 per :ent Exchange
Greek, 1825, 5 per cent. 'French, 3 percent Bof. 75n.
Mexican, 5 per cent 3.3 Dutch, 2 per cent. s2i
Ditto, 6 per cent. 1837 Ditto, 5 per cent. .. ... 100
Peruvian, 1825,6 per et. 17i
SHARES.
Birmingham and Gloucester Railway (100 p) 40i
Eastern Counties (23 rah!)
Ditto Debentures ( paid)
Great Western, (65 paid)
Ditto New Shares (50 paid .
London and Brighton (50 paid) 36
London and Blackwali ( paid)
London and Bit minghain (90)
London and South Western (41/ vs 10(10) CO
Midland Counties Railway (100 paid)
Northern and Eastern (45 paid)
Ditto Scrip ( 5 paid) 6}
South Eastern and Dover (50 raid)......... 224
Ditto Scrip (20 paid) ... 17i
York and North Midland (50 paid) ... ...... 91
Ditto New Shares ( 2 paift)

SPIRIT of the PUBLIC JOURNALS.
7-7 FIIO3I THE ETENING PAPERS OF THIS DAY.

GLOBE.—The recently issued orders of _the
Court of Chancery, to which general attention
has now been called, arc exciting the universal
disgust of the entire legal profession. It was
supposed that a measure brought forward in Par-
liament as one of reform would at least have pro-
vided against some of the most flagrant abuses
connected with the subject to which it referred;
but the recent (lilac:anent is so monstrous a piece
of extortion and injustice, that many suspect its
framers of a desire to bring the name of Law
Reform into disrepute,. and prevent the public
from making any further demand for it. The evil
of the modern practice of wasting the early part
of the Parliamentary session in idle debate, and
hurrying measures through both Houses within
the last fsw days, when no time remains to deli-
berate, was never more forcibly illustrated than
in the present instance. The Bill out of which
the evil now complained of arose, proposed
simply the abolition of ceradu offices which
public opinion had long condemned as needless
and extravagant. A measure having for its
object the getting rid of the Six Clerks was sure
to meet with general approbation; but the public
little dreamed that certain compensation clauses
were to be thrust in at the eleventh hour, by
which a system of permanent extortion was to ,
be established for the purpose of making up
the loss that parties deprived of their situa-
tions would otherwise experience. We remem-
ber that complaints were made by one or two
Members that they had not sufficient time to ex-
amine the proposed measure. It was immedi-
ately replied, that Chancery retbrm was called
for, and that when a 13111 was before the House,
there had been no frivolous objections made, on
the score of non-acquaintance with its details, to
passing it. By these means, many were entrapped
into supporting a plan of spoliation under the as-
surance that they were aiding in Reform, and
the law was thus passed without that examina-
tion which would have detected its barefaced
iniquity. It is well known that the emoluments
of the Six Clerks were found, on investigation,
to be much more exorbitant.than had been sup-
posed, and this was a strong reason for the
abolition of their offices. In providing for
compensation, it is, in our opinion, most unjust
to take the very exorbitant scale of remuneration
which has crept in from old abuses. The allow-
ance to the individuals who retire should be
framed with a view to what in fairness they
ought to have been paid, rather than with regard
to what by a corrupt system they have been in
the habit of receiving.
Besides, supposing that
it is thought fit to compensate in proportion to
the extravagant emoluments obtained, why
should a permanent charge be laid on the suitors
in Chancery to meet a temporary purpose?
for, though pensioners are proverbially long-lived,
it is to be remembered that the Six Clerks and
their troop of compensated copyists are, after all,
only mortal, while there is no provision for re-
leasing the suitors from a tax imposed to raise
pensions that will be no longer payable. That
the attention of Parliament must be called to
these Orders, there can be little doubt; but we
should suggest to Lord Lyndhurst the propriety
ofaccedinghtepof
r sseioitl, a
to the
nd
feeling universally expressed
by rescinding,
or, at least,
modifying some of the most obnoxious of the
new regulations.
STANDARD.—Our anxiety to give as much
as possible of the intelligence brought by the
Overland Mail compels us to abridge our obser-
tions. We cannot close our reference to these two
most unprofitable wars in which our country is
engaged, without lamenting the circumstances
which have placed the nation in theSe " bella
Milks habitura tnumphosi" these wars in which
• we cannot conquer without incurring new danger,
• and from which we cannot retire except
as conquerors, without disgrace and ruin. It is
surmised, that a sense of the folly of continued
resistance has at lengh touched the Chinese Go-
vernment, and there seems every reasonable
prospect of a successful termination of the cam-
paign in Afghanistan. But what then ? We shall
have proved to the Chinese and the Affglians
that we are able to beat them, when we choose
but shall we have proved
that attack thorn
we werete j
ust_ or wise in making the
.attack ? Is the mere display of so much
power worth , the thousands of lives and
the millions of money that have been
squandered upon it? But if the country gene-
rally has reason complain of these wars, how
much or has the present Government?
Their stupid and unprincipled predecessors lmereason to
office have, to borrow the simile of one of the
Whig party, "fastened them in a groove, from
which they cannot deviate to the right or left,
and in which they cannot even turn about."
This is the condition of Sir Robert Peel's
Cabinet in relation not to the Affghan and Chinese
wars only, but in reference to many other de-
partments of policy in which their conduct is
blamed by inconsiderate Conservatives.

ELECTION OFHIGH BAILIFF FOR

SO UTHWARK.—(THIS DAY.)
A Court of Aldermen and Common Council was
held this morning, at one o'clock, at the Mansion-
house, at which there was a particularly full attend-
ance of members, in consequence of this day being
appointed for the election of a High Bailiff for the
borough of Southwark, in the room of the late J.
Holmes, Esq.; as also for a housekeeper to the Cen-
tral Criminal Court. The candidates for the office of
High Bailiff were Mr. D. W. Harvey, Police Com-
missioner ; Mr. Payne, City Coroner ; and Mr. W.
Pritchard, late Under Sheriff.

After some preliminary business of no public im-1
portance, exactly at half-past one the Court proceeded
to the election of High Bailiff.
It was proposed that the deed conveying the office
of High Bailiff should not be signed to-day by the
successful candidate, but that it should be signed and
sealed on the next Court-day, s 9 that the fortunate
candidate may have sufficient time to make himself
acquainted with the conditions imposed by the Court.
—Agreed to.

Tl.e petitions of the candidates having been read,
Mr. D. W. Harvey said, that if he were elected he
would resign the office of Police Commissioner im-
mediately, or so soon as the Court should think re-
quisite. Mr. Payne also said that he was prepared
to resign one of his present offices, that of Clerk to
the Justices, but should continue to hold the City
Coronership.
These gentlemen, and Mr. W. Prit-
chard, the other candidate, said they were prepared to
execute the. deed.
The 54th standing order of the Common Council,
requiring that if there were more candidates than two
the number should be reduced to two by show of
hands, those two to go to the poll, a show of hands
was then taken, which was declared to he in favour
of Mr. Payne and Mr. Pritchard, the numbers
being—For Mr. Payne 59, Mr. Pritchard 56, and
Mr. Harvey 5.5.
Here a scene of very great confusion .ensued, the
friends of Mr. Harvey wishing the numbers to be
again taken, in some more minutely accurate manner
than a mere show of hands, and Mr. Payne's friends
contending that if another division took place, it must
be between Mr. Pritchard and Mr. Harvey, the num-
bers for which gentlemen so closely approximated.
The noise and confusion were here so great that it was
impossible to hear a single observation made by the
various gentlemen who addressed the Lord Mayor, in
the midst of which his Lordship said that it appeared
to him that the best mode of proceeding would be to
take the show of hands agair .—(Great confusion.)
The RECORDER Said, it would be better to take a
show of hands, to ascertain the wishes of the Court
upon this very difficult question.
After a scene of the greatest uproar -and confusion,