The Sun.
London, England, 1842-12-02 00:00:00

Jifre

LONDON:
BRID.AY MORNING. DECEMBER 2, 1842.

The landowners and farmers have been amaz-
ingly ill-treated by the present Administration.
The free-traders would only place them on a fhir
footing with the rest of the community. Sir
ROBERT PEEL has lowered the price of their pro-
duce exclusively, and subjected them in common
with the rest to the Income-tax. He avowed
that his intention was to give to other classes a
compensation for that tax in the reduced
cost of living ; but that reduced cost is obtained
from the reduced price of agricultural produce.
Ile retorts, then, on the landowners and farmers
the system they have so long, upheld, and actually
fleeces them to pacify the other classes. Ile con-
tinues the corrupt system which the free-traders
-would abolish, but brings it exclusively to bear
against the very classes who placed him in office.
So is the poisoned chalice of unequal taxation
commended to the lips of those who prepared it.
The landed interest, according to Sir R. PEEL'S
system, is to pay the Income-tax for the rest of
the community.

We do not like this injustice, and as the price
of agricultural produce has fallen 30 per cent.,
in consequence, as is said, of Sir ROIIEitT'S mea-
sures, the farmer ought to be relieved from the
Income-tax. We are not churlish towards the
agricultural classes, and we will readily lend
them our aid to obtain that end.

At the same time the rest of the community
wish to be relieved from the tax as well as the
farmer. Suppose the latter pay it entirely, to all
other classes it is a prodigious annoyance. It
taxes ti e trader for an income he flay never re•
ceiyr. All its inquisitorial properties are expe-
rienced by those who do not contribute to it, as
well as those who do. It is felt to be little better
than a iorment in a great multitude of families.
Never did a tax so much harass the people for
the Effie sum it places in the Treasury. To raise
50,000,0001. by other means does not cause half
as much inconvenience and contention as to raise
4,000,0001. by the Income-tax. For the conve-
nience cf the people, annoyed by it beyond mea-
sure, and for the Ilenetit of the Government, the
safety of which is always endangered when they
are discontented, it ought to be repealed. The other
classes feel though, according to Sir R. PEEL,
they not ultimately pay it. They hate it fbr its
inconvenience and its irritation. It is inquisito-
rial and degrading, and Sir ROBERT PEEL will
gain much more in popularity than he will lose
in revenue by giving it up.
All classes, and particularly the suffering agri-
culturists, pressed down by poor-rates, have now
a right to demand this relief. All the circum-
stances alleged in favour of the -tax—all the pre-
texts on which it was defended—are changed.
The peace of Canada is now entrusted to its
own people, and no longer causes England so
much expense. Many of our troops have been
withdrawn from that colony. All apprehension
on the side of the United States is extinguished
by Lord ASHBURTON'S treaty. The war with
Affghanistan is over, and all the expense caused
by that country is at an end by our forces leav-
ing it. China has sued for peace, and is to pay
a large sum of money to us, amply sufficient
to meet the deficiency of the revenue in the pre-
sent year. At the same time there is now a hope
that. trade, and the revenue derived from trade,
will increase very rapidly, so that the resources
of the Administration being increased, while its
exrnses are largely diminished, it may, without
the least inconvenience, dispense entirely with
the whole incoine-tax.

We see with almost infinite satisfaction that
the I.ublic has already taken this view of the
matter, and in many places meetings are contem-
plated to petition for the repeal of the tax. In
that course of conduct fortunately all may join.
On this question agriculturists and manufacturers
hare no conflicting interests. Landlords and mer-
chants, retail dealers and annuitants, equally
wish to be relieved. They liave all a common
interest in reducing the expense of the Govern-
ment, and that can only be effectually reduced
by witholding the means of extravagance. We

trust, therefore, that all classes will unite on this
point before the meeting of Parliament, and I
plainly signify to Sir ROBERT PEEL that he must
give up the Income-tax. I

With the charming unconsciousness of complete
ignorance did the Morning Post, on Wednes-
day, give the very highest praise to the system
of free trade, and pass the severest censure pos-
sible on the system which bears the name of
protection. " The lowest possible range of
prices," said our Contemporary, " is the great
object of the free-trade scheme of production. A
high range of prices is, on the contrary, the
avowed end of every protective system." Price
is synonymous with cost ; it signifies trouble and
pain. All price is, and ever has been, paid by
labour. To lower price is to lessen the cost, the
trouble, the labour, the pain of producing com-
modities ; and to say of a system that it has for
its object to effect the lowest possible range of
prices, is to say that it aims at supplying man-
kind with all kinds of commodities at the least
possible cost, and with the least possible labour.
That, undoubtedly, will be, and must be, the
result of the free-trade scheme of production,
and higher praise it is impossible for human lips
to bestow.

That is the great object which all statesmen
profess to keep in view. The Corn-law itself is
defended on that ground. It is said to place the
necessary supply of food in our own hands, and
in the long run, therefore, to secure that supply
more certainly and more cheaply. Very often
has it been written in the Monopolist journals—
" Once make the nation dependent on foreigners,
they will watch their opportunity, and when you
are much in want they will withhold the supplies
till you give them a most exorbitant price, or
your people' are actually starved." The Corn-
laws are defended because they procure corn for
the people on the whole at a less'''cost, less trou-
ble, and with less labour than the people could
procure corn without them. All other Jaws are
said to' have the same object, and a law which
should be avowedly intended to enhance the pain,
labour, and cost of obtaining commodities, would
be erased from the statute-book as a disgrace,
not merely to legislation, but to human nature.
We know nothing like it, except the reported
wilful destruction by the Dutch in former times
of the produce of the Spice islands, lest condi-
ments should become too cheap in Europe.
That is always mentioned to their discredit, and
is considered so diabolical that good men refuse
to believe it.
To obtain the lowest possible range of prices

is the assigned object of the protective system,
as well as of the free-trade system. It is and
must be the avowed or pretended object of every
system. Every agricultural improvement,
whether it be in making better ploughs or in
draining land, or in a different rotation of crops,
ends in producing food for man at a less cost.
The inventions of WATT. and researches of
DAVY, have the same ultimate object, and no
other. The effects of the steam-engine are
too palpable to need a word; the beautiful
lamp of the latter prevents danger, and lessens
the expense of working mines. In the end it
gives us coals at a less cost or at less labour, and
having coals at a cheaper rate, we have more
labour or means at our disposal to get food. To
reduce cost, trouble, or labour, is the end and
aim of all the ingenious contrivances of mankind;
and free trade recommends itself to us, because
.it is, as the Post admits, coincident in its object
with the noblest exertions of human genius.
If what the Post says of the protective sys-
tem be true, it would be really and truly as
diabolical in its aim, as we say it is in
its effects. That system is not avowedly in-
tended to keep up a high range of prices.
We have some doubts whether on the whole
it does that. It limits the supply of
food, increases the difficulty of getting bread,
and annually starves a great number of people.
That is its chief operation ; but what prosperity
it stifles—what ingenuity it cuts off—what pro-
digious misery it causes, as the consequences of
starving a portion of the people—no tongue,
however eloquent, can describe,—no human
mind even can appreciate. When the people
are starved down to the supply, as they are
pretty nearly at present, the cost, the trouble,
the pain of obtaining food becomes again about
the average, or prices fall, as at present, in spite
of the protective system. But whatever may be
the effects of that system, no statesman would avow
that its object was to enhance the labour and
trouble of obtaining food for the community.
From gross ignorance the Post has really ma-
ligned the object of the protective system as much
as it has unconsciously praised the system of
free trade.

The speech of Mr. COBDEN at Sheffield on that
thread-bare subject the repeal of the Corn-laws,
will be read with interest. It gives a cheering
prospect to those who have so long laboured for
the best interests of the country, and leads to the
belief that the present Government do not so
much want inclination as power to put an end to
class legislation. It is gratifying to find one op-
posed to many of their measures throwing
off all party considerations, and giving them
credit for good intentions as well as good
deeds ; but it is still more gratifying to
find that a large portion of the aristo-
cracy, and those the most respectable of the
body, are anxious to legislate impartially, and
to mete out equal justice to the manufactur-
ing and landed interests. We refer to his
speech, for a list of the wealthy and powerful
families, or their relatives, who are opposed to
the selfish doctrines of the more needy and
unprincipled portion of the aristocracy. The
example and the aid of such men cannot
fkil in time to awaken the rest to their true
interests, and remove from a body that
should be above suspicion, the reproach
of passing laws rather for evil than for good,
endallgerin
gforthetliire very
aexistence e
com-
munity. habitual .
munity. andot.
disregard Were they to deal justly between man
and man, and imitate the example of the RAD-
NOBS and FITZWILLIAMS, and many also of the
Tory nobility, they would find the people their
best supporters, and thereby avert those dan-
gers which at every popular outbreak threaten
one, if not two, estates of the realm.

The Directors of the Great Western Steam-
Ship Company have presented a memorial to
the Lords of the Treasury, which cannot fail to
excite universal indignation. Why the late Go-
vernment patronised another party to the preju-
dice of this spirited Company, no satisfactory
reason can be Oven. They were the first to lay
down, build, equip, and send to sea a steam-ship
for crossing the Atlantic; they have maintained
the intercourse between England and the
United Stated for four years, with a punctuality
and success which even their rivals cannot fail to
admire; they have, in fact, the merit of opening
up a communication by steam with the whole
of the 'Western 'World yet while another Com-

t
piny is subsidised by the Government to the
injury of the memorialists, their returns having
been reduced one-ball; they are left to struggle
on in difficulty, furnishing another proof of the
ingratitude of Governments, and the reward
which so often falls to the lot of the bene-
factors of mankind. We cannot, for a moment,
believe that Sir ROBERT PEEL and the other
Lords of the Treasury will be deaf to the appeal.
The country owes much to this Company for the
beneficial results of steam navigation, and would
cordially concur in any grant for encouraging men
whose first great undertaking astonished the
world. Want of space prevents us from giving.
the Memorial at length this day, but the follow-
ing extracts will !give our readers some idea of
the strange conduct of the Admiralty, the
wanton insult offered to the memorialists, and the
great loss they have sustained by the partiality
of the Whig Government:

" Your memorialists foreseeing that a line to and
from Halifax, continued to Boston (as a matter of
necessity), could not be otherwise than extremely
injurious to the enterprise they were the first to
set on foot, tendered to do the work advertised for
45,0001. per annum—at the same time their ma-
naging Director, in a letter written in accordance
with the printed terms for tender, and handed in
with the same, stated that no Company could un-
dertake the work within six months, at the least,
of the stipulated time,—as it would require ships

of a cortain amount of tonnage and power to con- I
tend against the gales and seas of the Atlantic,'
and that no Company would build such ships for
a yearly agreement only, or for a less term than
seven years. It is remarkable that the times
named were granted to the successful party, both
as to term of contract, and that of starting, and the
tonnage and dimensions named were adopted, while
your memorialists were permitted to collect from a
speech of Mr. Charles Wood, the then Secretary of
the Admiralty, in reply to a question of Mr. Hume
in reference to the rant of 240,0001. per annum to
the West India Mail Company, that they had been
led on to tender, and to give information, for the mere
purpose of enabling the Government to make a better
bargain with the party they intended to deal with.
An addition was made in the number of voyages, and
a summer communication with Quebec (which pro-
bably pays very well) was exacted, and about 60,0001.
pet. annum, since augmented by 20,000/. more, was
granted without any official communication with your
memorialists, beyond a formal Admiralty notice " that
their tender was not accepted."
Your memorialists think, and they believe your
Lordships will think with them, that this was hard
treatment to them. They had been at all the pains of
planning, and had incurred all the risk, trouble,
and anxiety, and expense of making an experiment
which has been followed by the most important results
to the country, and has been looked upon by the na-
tions of the world more in the light of a national un-
dertn.king than a private speculation.
The enterprising effort of your memorialists, al-
though at no time remunerative to the extent hoped
for and deserved, was cheering until the line pa-
tronised in opposition to them by her Majesty's late
Government came into the field, since which the pas-
sengers by the Great Western have been reduced by
about a moiety, and your memorialists ran her through
the whole of last season at a positive loss.
Finding they could not long compete with such
odds against them, and believing that the maintenance
of a direct line between New York and England was
a matter of great moment to the financial and mer-
cantile interests of the United States as well as Great
Britain, your memorialists endeavoured to ascertain
how far a direct appeal for assistance would be suc-
cessful in the former quarter, but they soon learnt
that they had not merely nothing to expect, but that
pecuniary encouragement would be given to Ame-
rican skill, science, enterprise, and capital, for com-
petition with your memorialists the importance,
therefore, of keeping their Great Western on the line
cannot very well be overrated.
Your memorialists have had applications made to
them by parties connected with foreign Governments,
but they are loath to hand over the Great Western
and her machinery, which has carried her the extra-
ordinary distance of 160,000 miles, and is still as good
as ever, to a foreign Power, although they feel justi-
fied in noticing the fact, to show that foreign Govern-
ments are sensibly alive to the importance of en-
couraging steam navigation on the large scale.

Accounts from Madrid are to the 22d of No-
vember, when the capital was perfectly tranquil,
but it would appear that strong opposition will
be made in the Cortes "to the plans of the RE-
GENT. It was stated at Madrid that the Com-
mittee of the Spanish Chamber of Deputies,
appointed to report on the Bill for a loan of 600
millions of reels, had recommended the rejection
of the Bill, and that the Report was to have been
presented in the sitting of the 20th inst., but was
postponed at the urgent request of the friends of
the REGENT, backed by the President of the
Chamber, M. OLOZAGA, in order that the diffi-
culties of the Government might not at so critical
a moment be increased by a circumstance so
unfavourable to its interests. The Count DE LAS
NAVAS had proposed a vote censuring the journey
of the REGENT, and the meeting was becoming
most stormy, notwithstanding the firmness of M.
OLOZAGA, the President, when the Minister of
Marine pronouriced the prorogation of the Cortes.
According to the latest accounts, all the towns
whose adhesion to the Barcelona movement had

been announced have returned to their allegi-
ance to the QUEEN'S Government. General VAN
HALEN with his army, occupied Gracia, Sorna,
and Sanz. Three members of the Consultative
Junta had taken taken flight to the French

territory.
Advices from Figueras of the c23d, state that
order was quite restored by the energetic con-
duct of the Mayor. Girona had also returned
to its duty. TERRADAS, who, with fifty armed
men, had stopped the diligence near Jenquire,
was hotly pursued. The insurrection was entirely
confined to the town of Barcelona.

The Three per Cents. were done at 2111-16
16, at 60 days, for 3,600,000 reals, and the Five per
Cents. at 251 26 for cash, and 26 7-16 1, at CO
days, for 19,2 )0,000 reals.

The disturbances at Barcelona and the contest
between General JACQUEMINOT and PORTALIS
are still the chief topics in the Paris papers. The
Presse, a Ministerial Journal, and evidently de-
voted to the cause of the ex-QuEurr, with great
want of judgment displays alarm for the fate of
the insurgents, and endeavours to throw the
blame on the English, while the partisans of
CHRISTINA are doing all they can to encourage
the efforts of the Junta. " We were not wrong,"
says that journal, " in deploring from the com-
mencement the disorders of Barcelona, for, from
the first acts of the Cortes, it is evident that these
disturbances can alone furnish ESPARTERO with
the means of maintaining in Spain the domina-
tion of England. It is possible that he may suc-
ceed in putting down the insurrection by arms;
he could only conquer the resistance of the
Spanish Parliament by a revolution. ESPAR-
TERO will be victorious, if Providence does not
come to the assistance of unhappy Spain, and
then be will be able to act as he pleases in fa-
vour of England. He will so act, and it is al-
ready seen how he prepares the way for so doing.
If England is no longer contented with inter-
fering, by her diplomatic agents, in the domestic
affairs of Spain ; if she carries out the plans an-
nounced by her correspondent at Madrid, and
which have been confirmed in the most precise
mariner ; if an English fleet should appear before
Barcelona, ready to act against the untractable
Catalonians, who will not consent to allow their
manufactures to be sacrificed to England, what
will occur? What line of conduct will France
adopt ? Will she allow England to interfere by
force in the affairs of Spain, and thus establish
her commercial domination at the foot of the
Pyrenees?"
According to accounts from Toulon of the
25th, the Minister of Marine has directed that
every disposable steamer, and a ship of the line
and a frigate, should be immediately despatched
to Barcelona. All these vessels were ready to
take their departure, and the Jemmapes of the
line, the Minerve frigate, and the Gregois, Ye-
loee, Papin, Cerbere, and Etna steamers, were
on their way to the capital of Catalonia.
The Marseilles Semaphore of the 26th ult. an-
nounces that two of the steamers which left
Toulon for Barcelona (the Etna and Cerbere)
had been compelled by stress of weather to seek
refuge in that port on the 25th. The others pro-
ceeded on their voyage.

The Courrier Francais states that the Eng.
lish and French vessels, which are expected at
Barcelona, are to watch simultaneously over the
maintenance of order and the safety of the sub-
jects of the two countries. This journal adds
that an augmentation of the French military
force in the south is talked of.
The following telegraphic dispatch was re-
ceived at Paris on Tuesday :

" MADRID, Nov. 25

" The Regent was on the 23d at Calata yud, where,
it appears, he was well received by the people. No-
thing new has occurred in the provinces.
A private letter, addressed to the National
from Algiers, states that—
After repeated postponements on account of the
uncertainty of the weather, the Governor-General set
out this morning on his expedition against the Ouan-
seris, which will, it is said, deliver us from Abd-el-
Kader, that flitting shadow after which we have been
so long running, to the great detriment of our finAnces,
which would have been much better employed in
raising villages, and in bringing from Frahce families
to populate them. Fears of the return of the Arabs
from the Sahel have decided the Governor to expel
them.

BOURSE—PARIS, TUESDAY, NOVEMBER 29.
First Highest Lowest Last
Price. Price. Price. Price.
French Fire per Cents. 119 ... 119 10... 119 ... 119
4% per Cents 106 50... 106 50... 106 50... 106 50
Four per Cents 101 45... 101 45 .. 101 45... 101 45
3 per Cents 89 30... 80 30... 80 25... 80 30
Rank of France 3302 50...3305 ...3302 50.. 3202 50
Laffitte Bank 5,000 f 5080 ...5080 —.5080 ..5080
Bolgianßank BO7 50... 807 50... 807 50... 807 50
1841 1063 75...1065 ...1063 75...1065
Belgian Fives
1840 lO4l ... 1041 1041 ... 1041
Spanish Active. 22.6 23 ... 23

Neapolitan. lOB 45... 108 60... 108 45... 108 60
Roman,_ lOl ... 104 ... 104 ... 101
RAILWAY SHARES.
Versailles, R.B 265 ... :755 ... 265 ... 265
LB B7 50... 87 50... 87 50... 87 59
Rouen
Orleans. 587 50... 587 50... 587 50... 587 50
Strasburg to Bale 2Ol 50... 202 50... 201 25... 202 50

MONEY and COMMERCIAL NE WS.
CITY, THURSDAY EVENING.

Stock was in more request, as the opening for in-
vestments will be limited to fewer of the English se-
curities until the 17th January, • this being the day
for the closing of the transfer Books. The Bank of
England has given noticelhat Bills of Exchange, &c.,
will be taken in till then at 31 per cent., per annum,
in amounts of 2,0001. and over. Consols for imme-
diate transfer touched 94i a, closing at 944 ; and
for Account, 95*' the latest bargains being at 95*
sellers ; -Exchequer Bills were at 48s. to .525. prem. ;
and India Bonds at 48s. premium. Money is now
dearer both in the Stock Exchange and in the Dis- •
count Market. Bank Stock was quiet at 1711, and
India Stock ranged from 2641 to 266. The New
Three-and-a,Half per Cents. were worth 101 k to
1011, and the Three per Cents. 93 to 94*.
There was an improvement in Mexican Stock,
both Active and Deferred, the former closing at 301
to 30*, and the latter at 84 to 84. The Texian news
had no effect, being considered as exaggerated.
Spanish Bonds were a shade better, closing at 18i for
the Active, and 223- to 23* for. the Three per Cents.
Portuguese Converted Stock remained at 3241Chilian
receded to 88, and Braiilian. touched 66 to 661.
Dutch Two-and-a-Half per Cents. were at 52i, and
the Five per Cents. at 101 to 1011.-
The Share Market was again quiet this afternoon,
the operations since the morning being these :
Eastern Counties 14, Edinburgh and Glasgow 14,
Brighton 15, _Manchester and Leeds 11, and South
Eastern Scrip 2 discount. Northern and Eastern
Scrip were 41 to and Paris and Rouen 4 premium.
British North American Bank Shares were 71 dis-
count, and National Provincial Bank of England New
1 premium. _ _

_
(From The Sun of Last Night.)
The Great "Western steamer brings advices of the
17th inst. from New York ; the 14th, from Montreal ;
and the Bth, from New Orleans.
The Stock Market at New York is stated to be im-
proving, but there was not the least foreign demand,
a circumstance which leaves room for congratulation,
as showing the increasing circumspection of our
countrymen. Business in the United States
was not brisk, the country buyers having very re-
duced means, and therefore not coming forward with
orders as usual. Besides this, the old debts are far
from liquidated. There is one circumstance, how-
ever, which deserves notice. Bad as is the home
trade of America their commerce with England esta-
blishes a material balance against us, as most of the
line-of-packet ships go out with scarcely any freight
from here, but return from New York, &c., laden
with produce of all descriptions. For this, it
is clear, we shall have to pay in specie, since,
although the Americans are heavily in our debt,
they do not send us consignments to wipe off the old
score, the bankrupt law having been found much
more effectual for that purpose. The exchanges are
against us at most of the American ports, and are
likely to go still worse under the recent tariff of the
United States.
The political excitement in Canada does not abate,
and the proceedings of Sir Charles Begot, in with-
drawing the official advertisements from journals op-
posed to his Government, and in dismissing from the
Clerkship of the Peace a gentleman who had opposed
Mr. Baldwin, had excited much indignation.
It is stated in the Woodstock Telegraph that Major
Graham, Captain Talcott, and others of the American
surveying party, who have heretofore been employed
on the disputed territory, passed through Woodstock
on their way to the River St. Francis and the head
waters of the St. John, to undertake an exploration
of the new line of boundary. The Telegraph very
properly urges upon our Government the necessity of
immediately adopting similar measures, and not al-
lowing the country to suffer, as hitherto, by procras-
tination and delay. We have no doubt, however, that
on official ratification of the treaty, steps will be
taken for running and laying
out the line conjointly
by the two Governments.
The Timber trade was expected to improve before
next spring.
The Fruit trade, as far as the brokers or parties
selling for the merchants are concerned, has long been
a close monopoly, two or three wealthy firms having
had the importers completely in their power. An
idea of effecting a sale without their intercession was
never entertained, and, bad the attempt been made,
could not have proved successful. A vigorous effort
has now been made to throw open the market, and
reduce the heavy charges on the sales, and which,
should it be carried
,out, will necessarily benefit the

public.
The Cotton Market at Liverpool yesterday was
rather dull, owing to the accounts of the extensive
supplies to come forward from America. The sales
were only 3,500 bales, at previous rates. Eastern
Counties and Dover Railways were in poor demand,
and shares generally were in less request. Grand
Junction brought 184; Great North of England, 59k;
Great Western Half, 62k; Birmingham, 186 ; Paris
and Rouen, 241.
The transfer books of Consols close to-day, and
parties seem rather inclined to go into them ;
for the opening at the current rates of 94i to 95 ; for
present transfer, the quotations have been flat again,
at 94i to 94k. Exchequer Bills have realised 50s. to
.525. premium. Bank Stock is quiet at 1711 ; and
East India Stock has fluctuated from 264 f to 266.
New Three-and-a-Half per Cents. are 1011 to 1011 ;
and the Three per Cents. 93i to 94. There has,
been, a small purchase again in Consols for the Savings

Banks.
Mexican Stock bears rather an improved value,
since the declaration by Messrs. Lizardi that
there has been no over-issue of the De-
ferred bonds, and which, in consequence are
up to 81 and 81. The Actives are 301 to 301 r
For Spanish Active Bonds the price is firmer, being
18, while for the Three per Cents. 221-, to 23 have
been the quotations. Brazil Stock is steady at 66 ;
and Portuguese Converted at 321. Dutch Two-and-
a-Half per Cents. are supported at 52i.
The Share Market, although firm, has not been
brisk. Brighton Railways are 14f, Croydon 4f, and
Northern and Eastern 8i discount; Great Western
are 21i to 22, South Western 18k, and Paris and
Rouen 4-1 to 5 premium. London Joint-stock Bank
Shares are 3* premium.
MANCHESTER STOCK EXCHANGE, Nov. 30.—There
is no alteration to notice in our market, and the buii
ness consists of the following transactions :—Liv(r
pool and Manchester Half Shares, 90i ; London and
Birmingham, 187 ; Manchester and Birminghatn, 20;
South Eastern Scrip, 181; Manchester and Liverpool
District Bank, 101; Manchester and Salford Water
Works, 51i.

CLOSING PRICES.
BRITISH FUNDS.
flank Stock
3 per Cent. Red. ........ 94 Ditto Bonds ........ pm
3 per Cent. C0n5....
3k per Cent. Red 100 k Ditto New Annuities...
New 3k per Cent... lolk Ex. Bills, 1,000/....2d. 43 pm
New 5 per Cen', — Ditto 500/...... 43 pm
Long Annuities to expire Ditto Small 43 pm
Jan. 1860 ..
Oct. 1859
11160
.Consols for Opg. ...... 95
FOREIGN FUNDS.

Austrian, 5 per cent
Belgian, 5 per cent
irazilian Bonds.
13uenos Ayres 6 per cent.
Chilian, 6 per cent BB
Colombian, 6 per cent —
Ditto, 1824
Cuba Bonds, 6 per cent 791
Danish, 3 per 2ent.
Greek, 1825, 5 per cent —
Mexican, 5 per cent 3Ol
Ditto, 6 per cent. 1837
Peruvian, 1825,6 per et.

Portuguese, 5 per cent
Ditto, New Ditto
Prussian, 5 per cent.
Russian, 5 pei cent
Ditto, Metallic .
Spanish, 5 per cent...... 18h
Ditto, Deferred . --
French, 5 per cent --f. —c.
Exchange —f —c
[French, 3 per cent —f. —e.
Dutch, 2i per cent. S2L
Ditto, 5 per cent. .. 1010

RES.
Lid)

GLondonrDittoeaEasterntC Western,o Counties
6(552 I 13
paid)pA
....
Ditto New (—paid) loi
Edinburgh and Glasgow (50 paid) ... 48*
London London and Brighton (50 paid)
BlanchesterNo Londont
3 6
Paris and ROll2ll (20 paid). • •--
eranaasnnncadddrn GadpCBnror(Edeol 'eavtsl-nsdht:opveleniralen'i hedßs()Rta(4ei.7slar. iawpa(y. paid)
)T. ):16. 2.us. nl.
ik:s).di 4P
lodpd)
I d ) 3662
5:r5:84:1

pa....,
South Eastern and Dover (50 paid)
Ditto Scrip (20 paid)

MEETING OF PARLIAMENT.—It iS now generally
supposed that the Legislature will not assemble for
the dispatch of business until the usual period, viz.,
the first week in February, but nothing certain can
be known on the subject until the next Privy Council.
THE WEST INDIA AND MEXICO MAILS.—The
following, notice was issued on Tuesday at St. Martin's-
le-Grand and the branch offices The Clyde steamer
for the West India mails for the Ist December (to-day),
not being ready for sea, will be detained until the
arrival of the post of Saturday,' the 3d of December, at
Falmouth. The Tay steamer arrived at Madeira on the
evening of the 9th or morning of the 13th
.inst. ;. she
was Preventei by a gale of wind from touching at Co-

runna.
TEMPLETON IN PARIS.—The English prim tenore
has been much feted by the elite of the musical pro-
fession during his late visit to the French capital. All
who have heard Mr. Templeton are unanimous in
praise of his rare qualities as a vocalist. On Saturday
week Auber, the distinguished composer of Massa-
niello,Fra Diavolo, Gustavus the Third, Lestocq, &e.,
gave Templeton an entertainment, and invited a large
party of professors and dilettanti to meet him. During
the evening Mr. Templeton delighted all present by
singing several morceau from the various composi-
tions of his distinguished host, .the maestro himself
presiding at the pianoforte.

617 ty r
I zt
UIV kvti ttj in Si 4

AND
,I.l)tttair eptntoit.

t✓leo runs may read.'

ronnzGiv.

The Great Western arrived a Liverpool yesterday
from New York, having made the passage in twelve
days and a half.

'According to the latest accounts from Canada, Sir
Charles Bagot continued dangerously ill. Mr. Ed-
ward Gibbon Wakefield had been returned for Beau-
harnois.

It appears by an official return that the present
year has been very unpropitious for the trade of Ca-
nada. Up to the Ist of October the number of vessels
entered at Quebec was less this year by 411 than
during the corresponding period in 1841, while the
amount of tonnage had decreased 433,743 tons.
Pre,ident Tyler had published an official statement
of the ratification of the treaty between Great Britain
and the United States.

The Bth of December was appointed by the State
authorities of New York to be observed as a day of
public thanksgiving for the blessings of the year.
in Chili a recent battle in the civil war occurred,
in which 150 were killed; brothers actually fought
against each other.

-The Bayonne telegraph announces complete tran-
quillity in the Basque provinces, and in Arragon.
Letters from the north of Europe announce that the
winter has set in with great severity, and that part of
the Baltic has become unnavigable. A Riga corre-
spondent, Nov. 7, says :—" It has frozen hard these
two last days. About 180 vessels are detained here
by the ice." A letter from Rendsburg, Nov. 17,
states that, from Landwehr to Holtenau, the canal.is
frozen over ; and another from Kiel, of the same date,
says that the harbour was encumbered .with ice.
The ,Wurtemburg and Bavarian Governments are
about to establish a joint company for the steam navi-
gation of the Upper Danube, forming a regular com-
munication between Ratisbon and Ulm.

The Cologne Gazette of the 26th ult. states, that
the negotiations between the Zollverein and the king-
dom of Belgium were proceeding most favourably.
Horace Vernel, the painter, who was lately at St
Petersburg!), where he was received with great dis•
tinction by the Imperial family, is now gone to Cir.
cassia, in search of new subjects for his hippographica
pencil