The Sun.
London, England, 1842-11-25 00:00:00

(From the Journal des Debuts.)

This is a great event—this peace, imposed by a
European Power on an empire which has hitherto
treated foreigners with such supercilious contempt, is
an act which may have the greatest consequences upon
commerce and politics in general. It is a whole world
henceforth opened to the penetrating activity of
Europe. We cannot now dwell upon the various re-
sults which may arise from this event, but we cannot
conclude without observinc, that, as conquerors, the
English have given a proof of moderation. Twenty-
one millions of dollars, or, including the ransom of
Canton, 40,000,000 francs, to pay the expenses of the
war, is but a small sum, when it is remembered that,
besides these expenses, the English, in 1839, lost
22,000 chests of opium, valued at 62,000,000 francs ;
and, in 1841, had masses of English merchandise de-
stroyed by the flames, which, upon the most moderate
calculation, cannot be estimated at less than 35,000,000
francs.

If the (
of
FromcthheinSa ie
is cle.
Emperor compelled to sign
with his own hand, and to sealwith his own seal, a
treaty with those whom he calls barbarians, it will
indeed be a great triumph h
gained for civilisation.
The English undertook the
vs
' selfish, for the promotion of t.hareiurpon grounds purely
oA
from an odious motive ; but if the
su'enciene interests, rests,
in and
y
bring-
ing 250,000,000 of men, now vegetating supinely
nelunder an astute and immoral Government, into the
improvements of European civilisation, a great service
will be rendered to the cause of humanity.
(From the Presse.)
The English are immutable in their policy. In
all their arrangements with foreign nations are to be
found traces of the same ideds, tending to bring into
their own grasp the best positions at every point of
the globe. If ever there was an unjust and wicked war,
worthy of reprobation, it is most assuredly that which
they have waged against the unfortunate Emperor of
China, whose only crime was in refusing to allow his
subjects to be regularly poisoned. England, far from
having any right to exact an indemnity for this war,
ought to be happy that she had not to pay a penalty
for the abominably scandalous example she has given
to the world in thus abusing her power, by employ-
ing it in supporting the most detestable pretensions.
And yet she has, in treating with the Chinese, ob-
tained from them an enormous ransom. This is not
all, nor is it even the least advantage she has 'gained.
The treaty announces that—" The Island of hong-
Kong is ceded in perpetuity to her Britannic Ma-
jesty." This island of Hong-Kong has long been
coveted by England. It is the best station in the China
seas—it is an inestimable advanced post to the oceanic
archipelago. These are the inducements which have
led her to lay her hands upon it; and, probably, she
would never have declared war against China had she
not wished to create a diplomatic pretence for seizing
this rich booty. Besides, as the Chinese may not
he able to pay, she has talden a mortgage by way of
security. This mortgage consists in the occupation
of the islands of Chusan and Ko-Long-Soo, -two
other excellent stations. It is of little importance,
therefore, whether the 21,000,000 dollars be ever paid.
England would have no objection, and would even

Iprefer remaining mistress of the two points which she
now occupies conditionally. It is probable that before
long a new arrangement with the Emperor may bring
matters to this settlement, and the English Plenipo-
tentiary will boast of it as a magnanimous concession.
Those points which she does not and cannot occupy,
England has by force made open to her commerce.
This is grand and magnificent success ! a success
which does honour to the civilisation of our era, and
above all to the nation which has torn it from the pu-
sillanimity of the authorities of the Celestial Empire.
(From the National.)
The English have just obtained from the Chinese
Government all that they could have desired, and
attained the end at which they aimed. They could
never have had a serious idea of penetrating into the
heart of the Celestial Empire; for such an enterprise
would have required too large a body of troops. To
attack and pillage the principal cities on the sea-coast,
to confiscate the trade of some few important places,
and to obtain an advantageous treaty for the mer-
chants of London and Calcutta, was evidently the
only object in this struggle--a struggle odious from
its cause, and disgraceful from the means used in its
execution. It is well known, however, how England
accomplishes its most extensive conquests. She first
gains a footing in some insignificant towns on the
coast; by decrees the intrigues and activity of her
merchants form a numerous political and commercial
connexion at the expense of their neighbours ; she
walks in the dark and pursues her usurpations under
the shadow of treaties, which she interprets according
as it suits her own interest, and succeeds i❑ sowing
the seeds of anarchy in the surrounding country, of
which
.she never fails to take good advantage. This
plan, it is well known, was pursued by Great Britain
in her invasion of India, and it will, probably, be that
pursued by her in the Chinese empire.
The advantages to be derived from the treaty by
England will be very considerable, and Europe should
endeavour also to draw sortie profit from it. •
(From the Courrier Francais.)
To consider only the European side of this event,
the pretensions of England do not appear exaggerated.
She contents herself with making the Chinese pay the
expenses of the war, with requiring freedom of trade,
and with the conquest of a little island of three
leagues in circumference in the Canton river. But to
demand more it would have been necessary to be able
to keep it. During the two years that the expedition
careered through tke Chinese seas, the horror of the
Chinese for the Engl;sli name has not been observed
to have diminished. When a city was taken nothing
was found there but the walls ; the inhabitants took
to flight, or drowned themselves in the wells of
their houses, to escape all contact with the
strangers. The conquerors remained isolated
without a point d'appai, without provisions, and
without relations with the conquered nation. An un-
occupied country presented itself before them ; and
unless they brought with them an English colony to
till the soil, they could not keep it. If the habits and
laws of China be considered, this treaty is a violence
imposed on that country. Strangers and barbarians
to be treated there on the same conditions as the na-

tives ! Five commercial ports to be thrown open to the
English, who are to have Consuls in these places !
Five breaches made in the wall of China, through
which Europe, with her ideas of progress, will rush in !
We doubt that such a treaty, if ratified by the Em-
peror, will be faithfully executed. The English have
certainly taken some precautions, such as requiring
the payment of 6,000,000 of dollars before they
quit the Yellow River, and the occupation of Chusan
and Ko-long-soo until the remainder shall be settled.
But if the treaty is to be broken or eluded, it will
not be to-morrow, or in a year, or even before the
payment of the indemnity. The Emperor will, no
doubt, wait to have regiments armed and disciplined
in the European fashion, and cannons and strong
places in good condition. But the moment that
China shall have recovered herself, be assured that
she will throw off the odious yoke which she has just
submitted to. The British Plenipotentiary has done
himself honour in declaring that for the future he
should not attempt to protect the sale of opium, and
that the vessels of the English station would assist in
putting down this traffic, if the laws of the empire
prohibited it. This is a means of disarming public
opinion in Europe, and reconciling it to the success of
the English. But, if it be desired that the triumph
which has been obtained over the Chinese immobility
should have any duration, England must go further,
and interest Europe altogether in this advancement.
Let England admit all the nations of Europe to a
participation in the benefits of those commercial con-
cessions, and China, no longer having to do with a
single tate, but with all which modern civilization
comprehends, will not attempt to engage in a resist-
ance which would be desperate._
(From the Quotidienne.)
These are great events for England, and important
also for the Administration of Sir It. Peel. In France,
the persons who govern us do not seem to be aware
that Ministers render themselves worthy of governing
by brilliant acts of vigour. They care not for shame,
provided they continue in power.
A petition was lately presented to the RING

by the Mayors of certain towns in the neigh-
bourhood of the
forest of Montmorency, en-
treating his 'Majesty to prevent the destruction
of the forest, likely to take place upon its sale,
in small lots, by the heirs of Madame de FEU..
CHERES. The petitioners state that the forest sup-
plies them with water, and attracts rich people
to build country houses near it.

The following is the KING'S answer :
" St. Cloud, Nov. 20, 1842.
" Gentlemen,—The King has read with much soli-
citude the letter which you have addressed to him.
The names of your different commune; are present to
the memory of his Majesty, who so often visited them
in the happy days of his youth. The King has
already felt much mortified that he could not save
from demolition the Castle of St. Leu, where he was
reared, and where he found so much happiness, sur-
rounded by the proofs of attachment and affection
which the good inhabitants of your beautiful country
have so often shown him.

" The King would be most happy, if it were pos-
sible for him, to accede to your wishes. He would
be delighted in making. the purchase of the forest of
Montmorency, to save it from the fate to which you
appear to think it is consigned; but unfortunately,
gentlemen, the enormous charges which weigh upon
the King, and the debts which he has been forced to
contract, render the accomplishment of your desires
impossible. This I am desired by his Majesty to com-
municate to you, with the repetition of his regrets.
(Signed) " Baron FAIN."

Dispatches had been received from Africa,
giving an account of the late campaign, and it is
stated in one of the journals that General LA-
MORICIERE had succeeded in surprising ABIElo•
KADER, and in carrying off the Emir'i mother
and sisters, as well as the harem of a merchant.
BOURSE—PARIS, MONDAY, NOVEMBER 21.
First Highest Lowest Last
Price. Price. Price. Price.
French Five per Cents. 119 10... 119 20... 119 10... 119 15
4% per Cents 106 ... 106 ... 106 106
3 per Cents 89 50... 80 60... 80 40... 80 60
Bank of France 3290 ...3290 _3290 3290
Laffitte Bank I,ooof 1050 ..1050 _lO5O —.1050
5,000f-5080 —.5080 —5OBO —.5080
Belgianßank BO2 50... 802 50... 802 50... 802 50
Belgian Fives 1034 ... 103 i. 103* ... 103 i
1840 1044 ... 10411 ... 1044 ... 104 i
Spanish Active 224 •.. 22i ... 224 ...
Portuguese Fives 32 ... 32 32 ... 32
Neapolitan... lOB 80... 108 80... 109 80... 108 80
Roman, ex div. 1034 1034 ... 1034 ... 1034
RAILWAY SHARES.
St. Germain B3O ••• 830 ... 830 ... 830
Versailles, L.B 9O 90 90 ... 90
Rouen
Orleans.... 587 50... 588 75... 587 50... 588 75
Strasburg to Bale 203 75... 205 ... 203 75... 205

DUTCH I'UNDS.AMSTERDAM, N0v.21.
Money, Ring.
Actual Pat, 2% per Cent
Jitto, ditto 5 per cent.
Amon Syndic,4% per cent l)4 !LI%
p.tto, ditto. gi.4 per cent A 77% 77 y 4
Commercial Company, 4% per cent.......... 131% 132 X
Loan Ih)7, 5 per cent
Exchange on Londoh, One month l2 20
Two months
Hamburgh, One month 35 87%
ll'isrty Millions,
Loan,
ilions,
Twomonthe 35 62%
ActualD Duet:l:, P2YeappeerFirsye per
, Nov. 22.
BELGIAN FUNDS.—Brtusacts, Nov. 22.
53%
103
Four per Cent ...
Cent,r
Cent.
rr•S •.• •
Loanßothschild
o f

-------- Three per Cent
18.12, Four per Cent l2
Thirty-seven Milli ns, ditto
--....—________ (1840) lO4
98
(short)
lA)Socaileito• of City,
Commerce meric,e,,,eFopeurrcaenndt a Half per Cent
AUSTRIAN
Exßatcikhatii:gl.l,eolngiLouini:don
National Society .
....
—Brussels Papers, Nov. 22.
Five per Cents. Met 11 a iques .. 108%
Four per Cents. .. JON
. ........... ....... .. ......
76
Three per Cents ..
Bank Sham; ... .. ... ...... 161 i
.......................... .....••••
Allgemeine Zeitung, Nov. 19.
PRUSSIAN FUNDS.—BERLIN, Nov. IS.
FUNDs.—VIENNA, NOV. 1 i
Bill:. Money
t,C PM
St. Sehuld Sch., 4 per cent.
..... 104
Prussian English Bond, 1530 t par cent. I '2N3 I'l
Exchange on Lendon 6 243 i
Prussian State Gazette, Nov. 19.

In consequence
of the late glorious intelligence
from the East, it is reported that her Majesty will
leave Walmer Castle for town in a few days, for the
purpose of holding
a Privy Council at Buckingham
Palace.

We understand that the intention of the Court to
visit Brighton is abandoned altogether. Reports to
this effect have been before in circulation, and the
confirmation of them will inflict a heavy disappoint-
ment on the loyal people of that favourite residence.
It was currently rumoured on Wednesday that the
Government, which so feelingly
sympathises with Sir
Hudson Lowe, is about to appoint the Hon. Henry
Sutton, M.P. for this borough, a Commissioner of Ex-
cise. This will, of course, render him ineligible for
Parliament; and We understand an eminent Conser-
vative barrister (we do not allude to Mr. Naylor) will
offer himself to the electors.--Cambridge Advertiser.

MONEY and COMMERCIAL NE WS.
CITY, TIIURSDAY EVENING.

The English Stock market closed firmly this
afternoon, and the quotations show no variation of
moment upon those paid in the early part of the day.
For immediate transfer Consols realized 934 to and
for the opening, on the 17th January, 95* to +.
Ex-
chequer Bills were worth 56 to 58 premium, and East
India Bonds 52 premium. India Stock was firm at
265, and Bank Stock touched 171 to 172. New
Three and a Half per Cents. were 1011 to 101 i ;
Reduced, 100,i to 100 y; and the Three per Cent. An-
nuities, 94 to +.
The Committee of South American Bondholders
met this afternoon to take into consideration the pro-
priety of addressing Messrs. Lizardi and Co., with
the view of oltxining an account of the actual number
of Mexican Bonds now in circulation. The Stock
closed as low as 31+ toy for time. Spanish Actives
continued heavy at 17i. Portuguese New Five per
Cents. fell to 364, and the Converted to 31. Brazil
Bonds were steady at 66. Dutch Two and Half per
Cents. left off at 524 y.
There were a few further bargains in the Railway
Shares, but the quotations remained about the same
as in the morning, Blackwall were somewhat feeble.

(From-- The Sun of Last Night.)
The Liverpool Cotton Market was yesterday in a
very active state, an extensive business having been
transacted. The total sales were 10,000 bales; 2,000
bales American and 1,000 Surat, being taken on
speCulation. Mid. American qualities brought /d., and
Surat, id. to fcl. per lb. advance on last Friday's rates.
—ln the Railway Shares there was some animation
and more firm less. Eastern Counties Debentures
were ; Etniburrr°h and Glasgow Quarter, si;
Great Western Fifths,B ; Birmingham, 186 ; Brighton,
35k; Midland Counties Quarter, 16}; Paris and
Rouen, 231 ; and South Eastern, 19.
In the City there is already more business doing,
and more sales of Cotton have been made at *d. to
id. per lb. advance. Goodi are also beinr, purchased
for the China market, and we only trust there will
not be a foolish glutting of it with articles that can-
not meet a sale, for although the'Celestial Empire un-
doubtedly opens a wide field to our enterprise, it should be
also borne in mind that the Chinese will have to ac-
quire habits and notions quite different to those which
they now entertain, before our fabrics find general
favour with them. It must be a groWing trade, and
it is the more necessary perhaps to inculcate due
caution, as our depressed manufacturers will be eager
to seize the first opening that promises them even tem-
porary relief.
The Funds at Amsterdam drooped on Monday, and
especially Spanish, in which considerable sales were
madci at a decline, on account of the Barcelona news.
They left off at 181 to 18, the Dutch Two-and-a-Half
per Cents. at 621, and Mexican at 33k.
This is • settling day in the English Stock Market,
and the differences are in favour of the speculators for
a rise. The improvement in Consols while the account
has been in progress having been steady and gradual,
has allowed the opportunity, however, to all but
those termed "obstinate bears," to turn their accounts,
and hence the losses are limited. The China news
has given a decided finishing stroke to the buoyancy
of the market, which otherwise might have been
worked down by the operators for a fall.

Th. extreme-quotations of Consols during the ac-
count just clowd have been 93e and 944. The broker
of the Commissioners for the Savings' Banks changed
his account to Consols this morning, of which he
took rather over 5,0001. at 944. For present
transfer the prices were 941 to 944, and for
the 17th of January, or at the opening as it
is called, 951; Exchequer Bills were 565. to 58s.
premium; and India Bonds 525. premium ; Bank
Stock advanced to 171 and 172 ; and India Stock
was firm at 265 ; New Three-and-a-Half per Cents.
brought 104 to 104; and Reduced, 100- to 100 i.
The Three per Cents. were 94 to 941 ; and Long
Annuities 12 9-16ths to 124.
The value of Mexican Stock is much depressed by
the circumstance above alluded to, and bargains have
been effected as low as 31 and 311 for the Actives,.
and 84 to 8i for the Deferred. Spanish Active
Bonds were also lower on the confirmation of the
Barcelona news, being at 17-a and 17k. The Three
per Cents. slipped down to 22 and 214. Neapolitan
stock was 103 ; and Dutch Five per Cents. 101 to 1014.
For the Railways prices are much the same.
Brighton, 14,1 to 15; Blackwall, 104; and South
Eastern Scrip, 14 dis. ; Great Western, 194 to 20
premium.

- The Citizens have crowded round the Mansion
House this morning to peruse the early announce-
ment of our victories in the East, addressed by Go-
vernment to the Lord Mayor.
MANCHESTER STOCK EXCHANGE, Nov. 23.—
The improvement reported yesterday still conti-
nues, and more business would have been done had
stock offered. Our transactions are :—Manchester
and Birmingham, 19 and 19k ; South Eastern New,
18i ; Edinburgh and Glasgow Quarters, 4 ;'Union
Bank of Manchester, 71. Bs. 9d. ; Manchester Assur-
ance, 9.

CLOSING PRICES.
BRITISH FUNDS.

Rank Stock
3 per Cent. Red. .... t)4
3 per Cent. Cons 9l
3i per Cent. Red 100 i
New 3} per Cent... loli
New .5 per Cent 124
Long Annuities to expire
Jan. 1860 ...... 12i
Oct. 1859
Jan. 1860

India Stock 265 pm
Ditto Bonds
Ditto Old Annuities
Ditto New Annuities —
Ex. Bills, 1,000/....2d 5B pm
Ditto 5001 5B pm
Ditto Small
Bank Stock for Acct. 267
India Stock for Acct...
Consols for Opg. 95*
V FUNDS.
Portuguese, 5 per cent.
Ditto, New Ditto 361
Prussian, 5 per cent.
Russian, 5 pei cent. ...,
Ditto, Metallic .....«
Spanish, 5 per cent l7i
Ditto, Deferred
French, 5 per cent. —f —c.
Exchange --f —c
French, 3 per cent —f. —c.
'Dutch, 2} per cent. 531
Ditto, 5 per cent. .. 104

FOREIG

Austrian, 5 per cent. —
Belgian, 5 per cent
Brazilian Bonds... 66
Buenos Ayres 6 per cent.
-;hilian, 6 per cent.
`olombian,:6 per cent —
Ditto, 1824
Cuba Bonds, 6 per cent 79
Danish, 3 per :mit
Greek, 1825, 5 per cent —
Mexican, 5 per cent 3I,E
Ditto, 6 per cent. 1837
Peruvian, 1825,6 perct.

SHARES.
Birmingham and Derby (100 paid) ... ...... 40i
Eastern Counties (23 paid) 96
. Ditto New (—paid) ll
Edinburgh and Glasgow (50 paid) ... ... 48i
Great Western, (65 paid)
Ditto New Shares (50 paid)
Ditto Fifths ( 4 paid).. fili
London and Brighton (50 paid)
I.ondon and Blackwall ( paid) .„ 5&
London and South Western (411 6s 10d pd) 60i
London and Croydon Railway (Trunk)
Northern and Eastern (45 paid)
Ditto Scrip ( 5 paid) 9
North Midland Railway (100)
Paris and Rouen (20 paid)
South Eastern and Doter (50 paid) --
Ditto Scrip (20 paid)

Miss KEMBLE.—We understand that the medical
attendants of Miss Adelaide Kemble have given their
opinion that she will not be able to perform for a
week, and her next appearance at Covent-garden
Theatre has been accordingly postponed until Tues-
day next, when she is announced to appear once more
in Norma previous to her retirement from the stage.
HANOVER.—The English society here has been
much saddened by the death of the young and amia-
ble Mrs. Gervase Parker Bushe, who expired on the
Ist of this month, a few days after a premature con-
finement. Mrs. 'Bushe was daughter of Lady Eliza-
beth Smyth, and granddaughter of the Duke of Graf-
ton, and came here as a bride in the spring of last
year with her husband, Mr. Bushe, who is attache to
the English Legation at this Court. He has been suf-
fering from severe illness since his bereavement.
DINNER TO GENERAL MORISON,. M.P., FOR CLACK-
MANNAN AND KINROSS.—On Thursday last, the
Liberal Committee of the Western District of the
United Counties, and friends, entertained the
Gallant General to a sumptuous dinner, in
Stark's Hotel, Alloa, previous to leaving the
county for his Parliamentary duties. Robert
Bald, Esq., mining engineer, very ably filled the
Chair, and J. M'Nellan, Esq., of Scotsgirth, acted as
croupier. - The party was one where united sentiment,
tocial delight, and unmingled harmony, prevailed;
and which must have been highly gratifying to the
General to witness in the town of his birth, after so
very long an absence in India.--Correspondent of the
Scotsman.

We have seen an anonymous letter, addressed to
Thomas Sawers, Esq., bearing the Liverpool post-
mark, enclosing 51. for the relief of the unemployed
tradesmen and labourers of the city of Edinburgh.
The writer designates these suffering individuals as
his countrymen ; and it would be well if other Scots-
men at a distance, who have the means in their power,
would follow this benevolent example, in order to
assist in relieving the prevailing distress, which is
particularly severe at the present inclement season.—
Scotsman.

NEW BREAKWATER.—The steamer Monkey re-
cently arrived in this port, having in tow a cylinder
of large dimensions, and freighted with heavy iron
work, forming the material for a section of a floating
breakwater, the invention of Captain Groves, late of
the Rifle Brigade, which is to be moored experimen-
tally in the bay. Captain Groves has been busily
, engaged with several workmen during the last fort-
night, in framing and putting together the different
! parts of the work. Judging from its appearance,
there is nothing complicated or difficult in its con-
struction. The whole is of iron. The cylinder sus-
tains a grating, attached to it by hoops, and firmly '
braced by stays passing round the cylinder, and very
securely bolted into the bottom of the grating. The
draught of water will be about twelve feet, and it will
be moored broadside to the sea, both to landward and
seaward. Nautical men say that the doubtful part of
the experiment is the ability of the moorings to resist
the immense strain to which they will be subjected.
Although this experiment is made with the sanction
and under the auspices of Government, Capt. Groves
incurs the whole expense of the work, with the ex-
ception of the moorings, which were furnished from
Sheerness Dockyard.--Dover Telegraph. •