The Express. — London, England, 1866-06-11 00:00:00

toxtering policy, sr - f. AScin e hail. - - ----- WIL Prorisier• TO VINIBT-BND DINERS. —The WELLING. TON, St Jsmea's-stro,t, Piccadilly. Indio( an Dintwroom on the 11 Int I. Tito subscription roonts are now a's& Tarns, twelve months, ,C 1 6d, ; six miatka, El la— APpay to Ofiaosroa, 49, Jann:4444frai. LONDON must have a SUPPER and MUSIC 20011 for Gentlemen.—Remember. we welt for you at •KVANW." after the Covent Garden Opera and the Theateta. gke eralirtOlS. TO 0011.117/3PONDENTEI Advertborasents Mended for "The Express," London Evening most be at the Mee, 10, D OU VeriO4irOOO, by Two 7 .; ! = OD the day of publication. HATMAIKEE inolua, THE BALANCE OF COMFORT. Mr. Howe & Mr. Haden. Mil@ Ada eAvendiali, drc. —TR E FAVORITE OF 'OR TON& wawa Buckstone Chlppeedsle, mad &Ahern Mrs. allapeadals, eta—And SHOCKING EFF.NTS. Mr. Oseopten. TBINCESB'B. ZYnamill, A LUCKY ULT.—Alter, with WIIIB XL Loafs, Mr. Charles Kean Martha , Mr a Charles Yess.—To conclude with QUIET LODGINUs. BRITANNIA. llVlrrnia, LADY Al' DLE.Y . B SECRET.-The Hungarian DROODTS. —BEL P R BOOR , THE MOUNTEHANX. Miss Clara St. Caw, Kra 8. Lane ; Master E. Sanders, Mews. Bigwood, Bite; Leslie, itc.—And RICli AND POOR. HIGH WATER AT LONDON ENTOGIL MO DAY —Yornhmg, Oh. Ons Miasma, Oh. 27= * Ityltoziow—Norning, Oh. 66m Aftorsock A. Um. LONDON, MONDAY, JUNE 11. WHILE affairs in the money market are steadily though slowly improving, the effects are still felt of the storm which broke over the commercial world but a month ago. Another joint-stock bank, the Agra and Masterman's, has been compelled to .., close its doom. The event was not altogether un expected, it is true, since for weeks past no esta blishment in the kingdom has been so systemati- ml 4 attacked by the manufacturers of false re ports as the Agra Bank. Taking advantage of the fact that the institution was carrying on ordi nary banking business both in London and the East, lying telegrams of its failure were sent out to India, with what result we now see. This falsehood was soon converted into reality. Any one who knows the East can judge what effect rumours even in the least degree adverse to individual credit are certain to create. The pressure that was brought upon the branches of the bank in India was necessarily extreme, their credit was entirely destroyed, and nothing hut the most ample and immediate assistance could have prevented their stoppage. The speculators who had chiefly brought about this digester were quite equal to use it to the worst effect in London. They have got their miserable reward. At the expense of a mass of suffering which will probably exceed that following the fai lure of any bank for many years, they have gained perhaps some few thousand pounds on the Stock Exchange. It would be idle to remonstrate with persons capable of exercising such systematic wickedness. The only remedy is quick and sharp punishment. It is, however, extremely difficult in these cases to bring home the offence to the guilty party. The same ingenuity that contrives a deliberate and secret injury of this kind serves also to screen the per petrator. _ We learn that a well-organized effort is being made to resuaeitate the Consolidated Bank. There was really no adequate cause why this establish ment should have stopped at all. By an ill advised arrangement the Consolidated Bank took over the liabilities in part of the Bank of London, together with the better portion of the assets, and, as it was at once seen, exposed them selves to legal proceedings from the other and less favoured creditors. The mere fact, however, of such a transfer having been effected was quite sufficient in those days of doubt to shake public confidence. The result was a run which the bank was unable to meet. Still its position appears to have been generally sound, and hence the efforLs to reinstate the establishment will, it is to be hoped, prove successful. It is almost impossible to believe that a joint-stock bank, founded on a combination of three flourishing private firms in London and the country, call with reason have so suddenly col lapsed. Doubtless faults of management have been committed, and notably while the public mind was bewildered by the disasters of the last month. For these errors there can be found some excuse, and also a remedy. It is only fair to add that without that intimate knowledge of the affairs of a bank possessed by the directors and responsible officers alone, an impartial judg ment cannot be passed on a course of action which they may have deemed it right to adopt, especially at a period that threatened the utter annihilation of both commercial and banking confidence. One of the most creditable movements to be re corded has been an effort on the part of certain in fluential members of the London Stock Exchange to follow the judicious example set by the stock brokers of Liverpool. Some of the London brokers have honourably sought to wipe out the reproach which is too hastily believed to attach to their whole body ; that of having lent themselves in any way to the recent disgraceful speculation for the fall in the shares of banks and other monetary institutions. Allowing for the severity of the crisis, and the unsound financing suddenly developed by the imminence of war, there can be I no question that the ruin of the last few weeks has been materially aggravated by a system of de preciation of banking property organized out of doors, prosecuted by every sinister art that could be devised, and reflecting inevitably on the Stock Exchange—that mystery to the public— where all these oper►tions, e.c necessitate red, are practically carried out. Like all professions, the Stock Exchange contains a vast variety of mem bers—a very few of bad, some of doubt ful, but still more of good repute. It was quite time that these last—the majority even in a close corporation, where the whole transactions depend upon honour alone—should vindicate their integrity, and give some sign that they, at least, were not combining with club gamblers or others, notorious in the City for a life of gain by means which would make any honest man blush, to provoke and intensify a panic which has greatly helped to reduce thousands of families to absolute poverty. This sign has been made ; but, unhappily, the Committee of the Stock Exchange have not been equal to the occasion. Either from judicial blindness, sheer incapacity, or that wholly indefensible system of legislation which allows the members of a governing body to vote upon ques tions in which they are personally interested, this salutary movement has for the time been frustrated. According to our City Correspon dent, the Committee have refused all interference to arrest these iniquitous transactions by a majo rity of three, the utunbers voting being 16 to 12. " tee, requesting them to take into immediate " consideration the ' subject of dealing in bank " shares, it was resolved, ' That it is inexpedient " to make any alteration in the present mode of " ' dealing." We would simply ask on what grounds an intervention, not only claimed in the interests of the community at large, but advo cated by a powerful section of their own body, is summarily refused without pre tence of explanation, on the arbitrary plea that it is " inexpedient"? If it were possible to pass within the veil of the temple, it would be interesting to learn, for the information of the public, how thin impotent conclusion has been arrived at. The question remains to be asked —and we regret it should be asked—whether the majority voted according to testimony taken from the members of the establishment they represent, with the object of arriving at an impartial judgment upon a state of things which has largely contributed to a national calamity, or whether, on the other hand, they sought, by serving particular interests, to indirectly add to the legion of victims now hope lessly ruined by those shameful conspiracies. Happily for the Stock Exchange, an honourable minority remains. Twelve members of the Com mittee against fifteen have voted for interference. Besides this, it is announced that a number of the oldest and most influential members of the house have decided to hold an early meeting in order to adopt some plan whereby they may check a seriously spreading evil, and avert from themselves unmerited reproach. This step is reassuring, if only as an honest protest against incapable or unconsciously biassed jurisdiction. Unless some protective measures are adopted the cha racter of the Stock Exchange must clearly suffer. The whole body will recognise that the sole condition on which their close privileges are tolerated by the public, in an era of free trade, is that they belong to an institution which claims public support on the just ground of faithfully fulfilling its legitimate functions. It is their care and their interest to maintain this reputation. Above all things, the error should be avoided of giving any ground for the charge of an inte rested legislation which may be made the agency of ruin, as it has unquestionably proved of late. Upon the present point the remedy is both practicable and easy. In all cases where a sale of bank or finance shares is entered into, let it be incumbent on the seller either to deliver them for cash, or to give, at all events, the numbers of the shares he holds. The former plan is undoubtedly the better. Since, however, the Committee of the Stock Exchange have refused to legislate in the question in any way, they must prepare to find that in this and in other questions their jurisdiction will be super seded by the common action of their constituents generally. OUR CONTEMPORARIES. (THIS DAY.) lIIR TOPICR. The Daily NM* refers to a case which occurred in the Court of Queen's Bench a few days since in illustration of the inevitable difficulties attending the operation of the extradition treaty with France. We mast expect the application to the court in the case of Wideman to be cited as an illustration of the law's delay in England, and of the consequent " onesidedness of en extradition treaty between countries, in one of which the action of the magistrate is so expeditious, and in the other so dilatory and uncomplying ; and we would gladly be convinced that the difficulty is one to be cleared away by negotiations conducted in a spirit of mutual concession, instead of involving, as we believe it does, the funda mental difference of French and English institutions. It will scarcely be pretended that a country offers impunity to crime because its magistrates are not prepared to pre sume the guilt of the accused from a mere warrant of arrest, without evidence; nor even in the case of a foreign bankrupt can the unfavourable fact of his having run away from his creditors and declined the jurisdiction of his own country be construed off-hand into proof of criminality. The Time disputes Lord Overtone's wholesale condem nation of limited liability. There are, it says, innumer able causes which lead to failure in business from which no form of partnership is exempt, and which it is there fore unjust to consider as springing from the original con. tract between the partners, and as not being dependent upon good or bad connexion, ability, superior information, and all the things which go to make up the idea of a suc cessful concern. Anyone would see at once how childish it would be to impute the failure of a private partnership to the fact that it was not a joint-stock company. Is it not equally childish to consider the joint-stock company with shares of a denomination sufficiently large to pay all its creditors as leis safe than a company absolutely mi -1 ? The Herald attributes some unworthy motive, some par liamentary purpose, to the government, in the non-appear ance of the publication of the Jamaica report. In the Ryves case the Telegraph thinks that no ground has yet been shown for surmising that Mr.. Rpm* and her mother were impostors ; there is every appearance of per fect sincerity and confidence in the justice of their cause. A very different opinion of Dr. Wilmot is suggested by his own conduct. His taste for secret marriages was abnormal. The activity with which he procured royal and illustrious persons to sign innumerable documents was extraordinary and almost incredible. The impression of the Telegraph is that the lady whom he secretly married was no princess of Poland, but was an ancestor of Mrs. Harris, the well-known friend of Sar►h Gamp. G, INTELLII AUSTRALIA. - mrnala, dated April 45, which have morning, treat at great length wernor Darling. of the recall of his Excellency Sir received by the February mail, has aroused _ genera feeling of regret and indignation throughout the whole country—regret that the Governor should be so ill-rewarded for his skilful and impartial con duct during the unparalleled crisis through which the co lony has passed ; and indignation that the imperial autho rities should have seen fit to interfere with our own right of self-government in such a manner as to directly insult the colonists and ignore the free in stitutions of which we have hitherto been so proud. The telegram announcing the fact was not be lieved, and it was not until the despatches were received by the mail that credence was given to the announcement. Not only the supporters of the government, but a large pro portion of those who have been bitterly opposed to it, con cur in thinking that Sir Charles Darling has been most harshly and unjustly treated. The amicable settlement of all the disputes which had arisen sufficiently proves the wisdom of the course which the governor pursued ; and the only effect his recall will have will be to per petuate the feelings of bitterness and animosity be tween certain chases of the community, which, but for this imprudent action of the Home-office, would have loon subsided. During his stay in the colony Sir Charles Darling has been placed in several difficult posi tions, in all of which he has conducted himself with pru dence and judgment. His action with regard to the Con federate war-ship Shenandoah was denounced by the same clique whose slanders have procured his recall ; but the course he adopted, in all probabity, saved the mother country from being precipitated into a war with the United States. A committee of the Assembly is to be appointed to inquire into the matter ; and it is intended to compensate Sir Charles Darling, by a grant, either to himself or Lady Darling, of 25,0001, The Amiss, however, says the council will not assent to the proposition. Sir Charles returns to England by the ship Lincolnshire, and Brigadier-General Carey (the commander of the forces in Australia) will assume the reins of office till Sir Charles Darling's successor arrives. The supporters of government had organised a series of meetings, to express sympathy with the governor, and a monster assemblage had been held in the Exhibition building. On April 24, a depu tation waited on his Excellency at the Treasury, for the purpose of presenting him with the memo- IMI adopted at the meeting referred to. Sir Charles made the following reply : Mr. M'Crae and Gentlemen,—l cannot receive the me morial which you have just placed in my hands for trans mission to her Majesty without offering to you my warm and heartfelt acknowledgment of your just appreciation of the course I have pursued throughout the late political difficulty. I solemnly assure that large portion of the people who give me credit for having acted with truth and honesty, and • single desire to do my duty, that I have not myself taken, nor co-operated with others in taking, any step which I did not conscientiously believe to be within the legal competency of the government to adopt. I cannot but be sensible that the circum stances attending my removal from the government of Victoria are such as to render it the probable termination of a course of public service of more than eighteen years as her Majesty's representative in several possessions of her crown ; and I pledge myself to lose no time after my arrival in England, in seeking to vindicate my administration of that government, by soliciting • full inquiry into every part of it, through the medium of a parliamentary committee, unless her Majesty should be graciously pleased to appoint some other tribunal for that purpose. Of the gold fields we have the following report : The late rains have had a very beneficial influence on I mining affairs, and our miners are now fully employed. During the month the returns from the various gold-fields have been satisfactory, and in many districts the average yields have been exceeded. One or two discoveries of an unimportant nature have been made. M'Cullum's Creek is the locality of one of the discoveries, and from reports which have come to hand the new ground is likely to pore valuable. Already a considerable number of claims have been marked out, and some of the prospectors have been well rewarded for their trouble. The Ballarat mines sustain their character for richness, and operations in that district are being pursued with great vigour. The fever for speculation is, if anything, increasing, and prospectuses of new companies are con stantly making their appearance. The shares in some of the established companies have reached very high figures, and there seems to be unbounded confidence in their , stability. (=ma's TELEGRAMS.) ITALY. FLORENCE, JUNE 11. The Opinion states positively that nothing has yet been decided relative to the modification of the ministry in the event of war. Yesterday the Mexican minister presented to the King a letter from the Emperor Maximilian conferring the Grand Cross of the Mexican Eagle upon Prince Humbert. ARRIVAL OF GARIBALDI. GENOA, JUNE H. Garibaldi arrived here last night from Caprera, and will set out at 5 p.m. to-day direct for Como. THE OVERLAND MAILS. BOMBAY MAIL ALEXANDRIA, JCNE 10. The Ma/Allis left at 6.30 p.m. to-day. She may be expected at Marseilles on the 16th or lith inst OUTWARD CALCUTTA AND CHINA MAILS. GIBRALTAR, JUNE 10. The Ripon, from Southampton 4th inst., arrived at midnight yesterday, and left at 3 a.m. to-day for Alexandria, all well. She had experienced head winds. WEATHER REPORT.-(THIS DAY. MONDAY, JOJI 11, $ A.Z. B. T.' W. 1 7 tO 12 1. D. 9. Nairn Aberdeen '29.700 01 W.S.W. 2 7 • s bc 0.02 2 Leith 123.87 68 W.S.W. 8 6 W. tc. ....8 3 Ardrossan 12087 66 S. 4 5 W. oc 10.24. 3 Greencastle 29.68 55 W.S.W. 8 4 W. ro 10.24' 2 Valentia 29.96631 B.W. 2 6 8. 8. W. co 0.22 2 "Ape ,- 1 - - - - Liverpool . 30.04159; W.B.W. 3 5 W.B.W. co 0.171 Holyhead ....30 01 5•41 S.W. 3 6 S.N.W. foc 0.41.8 Penzance 130.16 57 , 8.8. W. 4 3 S. co 3 Brest . . '30.20 1 63 1 B.W. 3, 5 S.W. fc 4 Lorien ,30.20611 H. 214 W. bc I— 1 Rochefort ' 30.24 . 63 N.N . W. 4 1 N. N.W. be _ 2 Plymouth ,30.17 60 B.W. 21 5 N.W. bc 0.0113 Weymouth 30.16'56 W. 2 . 4 S.W. c 2 Portsmouth 30.1669 W.N.W. 4' 4 W.S.W. c —1 3 London - Yarmouth —.30.07 58 W. Y. W. j 4 2 8.8. W. be 1 Scarborough. .2x.99 67 W. 12 • 5 B.M. Ico 0.19' 2 Shields 28.06 60 N.W. !4• 2 I &W. i e 2 Helder - • 1 - 2 JOHN BIIOGIDEN'S realisable vai GOLD and CHAI the Zt a bl aip trol a 1 co An u y ic t i hi:g ensiors 'manufacturers' pricer The gold In Sae chains Vs- ramisei. regazahaaad at the crehairhe How much your chain weighs to ' the utmost eon* The Anemia of the gold, and charge for fashion." fa manufactory, is, Henrietta sheet Covent-Surds HE EXPRESS, MONDAY n. go have ree°l-4 , be te t r --- s is l " and mangSers on the side ; ‘ fte w . M hb eat only p roceeded tisfactory tribunal. Ipear to have been caaTtle, "fiR e u qL s be (Irmo* out of army eff refill* sa 71" de- eats too 411 4 11 . - - "r Z l itsr regards MA Walpole's to`serike the Met jourru some to be exercised or ea impfacticable of amity franchise 141. rating 141 . natal a• • come to hand this Aoadon. execution. We cite the terms of their deci- miserable scheme to split the difference between his own o f th e men of Goy luck, sad imam wan, soups away. mow sio u n tio ; Li the wordingnitimtLeir of the „." A requi- proposal which was defeated and that of the government MIIRTLE, TURTLE, TURTLE. „ froth severa l ct oc k Fa. which has been already accepted by the Rouse of ocmt- The Age says : The intelligence of BT. JAIIigg.HALL,Ag9piT-sTagrr, PICCADILLY. change hiving been presented to th e c omm it. mons. There is something peculiarly paltry about this Charles Darling, real . r . . . herring policy. aroused one genenil THE MARRIAGE OF THE PRINCESS HELENA. At Windsor Castle the workmen are busily employed in preparing the group of state apartments on the north aide of the palace in readiness for the festivities which will take place upon the occasion of the wedding of her Royal Highness Princess Helena and Prince Christian. The ceremony takes place in the private chapel of the castle adjoining the noble apartment known as St. George's Hall, where a temporary chapel has been fitted for the use of the Queen and royal family during the requisite alterations in she royal chapel, and where a temporary wooden gallery will be erected in order to afford increased accommodation for such members of the court, diplomatic corps, and aristocracy as may be honoured with invitations to attend the ceremony. Of necessity the invitations to the marriage must be limited, as the chapel is only a building of the dimensions of a moderately-sized room, originally built simply for the use of the royal family, the suite, and domestics of the household. THE MARRIAGE OP PRINCESS MARY OF CAMBRIDGE. At the wedding of her Royal Highness Princess Mary of Cambridge and Prince de Teck to-morrow, in Kew Church, the music of the service will be sung by the parish choir, under the guidance of Mr. Henry Belle, the organist. The preparations within the church for the accommodation of her Majesty, the royal family, and the other distin guishei personages who are expected to be present, have been already commenced. To-morrow evening many of the residents around Kew-green will illuminate the fronts of their houses, while the festivities will terminate with a display of fireworks. All persons who have tickets for the church must be in their seats by 11 o'clock. Their Royal Highnesses the Prince and Princess of Wales and the Duke and Duchess of Cambridge are ex- pected to visit the fine old baronial mansion of the Sack. villes on the 29th inst., when a large number of the lead ing nobility and gentry will be invited to meet them. His Excellency the Austrian Ambassador enter tained at dinner last evening, at Chandos House, Sir John and Lady Dalberg Acton, Hon. Lyulph Stanley, Mr. and Mrs. Arthur Russell, Mr. Somerset Beaumont, the Mar quis d'Andigne, the Marquis Fortunato, Count Emile Winipffen, Count Kalnoky, and Baron Hubner. The Duke of Cambridge honoured the Right Hon. Sir Robert and Lady Emily Peel by his company at dinner on Saturday evening, at the family residence in Whitehall-gardens. There were present to meet his royal highness the Duke and Duchess of Wellington, the Earl and Countess of Derby, the Earl and Countess of Dudley, Viscount and Viscountess Stratford de Redcliffe, the Bishop of Oxford, General Sir Hugh Rose, the Right Hon. Sir Alexander Cockburn, Sir Edwin Landseer, Mr. and Mrs. Holford, Mr. Delane, and Dr. Quin. After dinner Lady Emily Peel had an assembly. . _ His Excellency the Brazilian Minister and the Baroness de Penedo had the honour of entertaining at dinner in Cavendish-square, on Saturday evening, the Prince Augustus of Saxe-Coburg Gotha, Duke of Saxe, and the duchess, Princess Leopoldina of Brazil. Amongst the company present at the banquet were the Austrian Ambassador and the Countess Apponyi, the Portuguese Minister, the Spanish Minister and the Marchioness de Moline, Sir Edward Cust, Chevalier Dos Santos, the suite of their royal highnesses and the members of the Brazilian Legation. The Marchioness of Salisbury and family have returned to London from a sojourn of a few weeks at Homburg. _ _ - The Right Hon. the Chancellor of the Exchequer and Mrs. Gladstone left town on Saturday on a visit to Lord and Lady Richard Cavendish, at their seat in Kent. The private view of the works of ancient masters and deceased British artists took place on Saturday at the British Institution. Principal among the objects is the series of Crewe portraits, lent by Lord Crewe during the rebuilding of his hall after the recent fire. Here Sir Joshua Reynolds's pencil is seen at its greatest advantage. I There are other specimens of Sir Joshua, contributed by Sir Watkin Williams Wynn and the Duke of Beaufort. Among the examples of foreign masters are specimens of Salvator Rosa, Canaletto, Rubens, Rembrandt ; all the Flemish men, Wouvermans, Ruysdael, Ostade, Jan Steen, Cupp, Snyders, and Teniers ; and pictures by Dyne and Eastlake. The Rev. Dr. Magee, Dean of Cork, has been appointed to the Deanery of the Chapel Roy►l, rendered vacant by the elevation of Dean Graves to the See of Limerick. The Commemoration Week commenced at Oxford on Saturday. Wednesda v*being the "grand day," the morning will be occupied by the usual proceedings in the Theatre. It is understood that the following gentlemen, and perhaps some others, will receive the honorary degree of D.C.L. :—The Rev. Charles Merivale, chaplain to the House of Commons ; Sir J. Simson, M.D., of Edinburgh ; Professor Phillips, M.A., of Magdalen College, Oxford, and honorary D.C.L. of Cambridge ; and Professor Thompson, of the University of Glasgow. A correspondent of the Times suggests that a great public benefit would be conferred by the Bank of England in opening a fire-proof registry for deeds of limited bulk, on payment of a fixed yearly charge. There is a large class of persons who have no bankers' safes at their command, and who risk valuable deeds in their own private residences. NO WAR TET. Though there may be rashness, observes the Times, in the mere utterance of a hope that hostilities may be averted, it is no less difficult to foretell by what means the outbreak may be brought about. Fur the pre sent matters have been settled in Schleswig Holstein in a more satisfactory manner than the most sanguine could have anticipated. Unless the parties act on a preconceived resolution to have war at any cost, a clue out of the labyrinth might easily be found. Even that poor old effete Frankfort Diet would supply the terms, so far as Prussia and Austria are concerned, for a plausible compromise, and Italy has never yet mustered sufficient courage to join issue with Austria. single-handed. Were she standing alone Italy would have her foe in the rear as well as in the front ; for the Pope, Francis 11., and many foreign catho lice would stir up an insurrection in the southern pro vinces. We have not lost all recollection of the part played by the French and Spanish squadrons when the fugitive Bourbon was shut up in his lest stronghold of Gaeta. And is there any doubt that a confederacy of three or five Italics seemed a more plausible scheme to some of the high powers than the " Italia Uus." which the Italians almost miraculously managed to bring about for themselves? Though the war is the consummation of designs which inspire nothing but aversion in the minds of the Prussian people, the Daily News thinks it would be to foster illu sions to fancy that in their attitude towards their Bove reign there is any chance of peace : they will disapprove and fight. But for the dexterous association of Prussian schemes with the Italian aspirations, the condemnation of all Europe would echo the murmurs of domestic dis satisfaction ; and had Austria given to the indubitable moral claims of Italy that which she has yielded to the insolent pretensions of Prussia, she might at once defy her foreign enemies and find the solution of her most serious domestic difficulties. The Post considers it is only a matter of hours to deter mine wLen the first shot will be fired. THE ftEronsi BILL. The Tines urges the opposition to show to-night that they remain true to their past history, and allow nothing to escape the ordeal of their criticism, and where need is, of their attack. To see a decision on the government pro posal of a 71. borough franchise go by default would be a matter of regret to all who believe in repre sentative government. Our contemporary then proceeds to detail the reasons which appear to it to preponderate in favour of a rating qualification in lieu of an annual rental, and to condemn the proposed repeal of the rating clauses. With regard to the prospects of the bill, our contempt,. racy is less confident than formerly, though it is still of opinion that it can " scarcely " become law this session, and that this session is "pro bably " too far advanced to allow a reform bill to be passed. The Post protests against references being made so fre quently to Lord Derby's bill. What is suggested by a con servative administration is not now the question. The government bill is no measure at all, and before the week is oat this must be made clear to the government. The Herald males an extraordinary attempt to institute an analogy between Count Bismarck and Mr. Gladstone. Both have the same motive, personal ambition ; both have the same aversion, and exhibit the same contempt, for constitutional forms ; both rely upon the same weapon, an appeal to democratic sentiment ; both use the same lan guage, that of habitual misrepresentation. Neither will shrink from the supremest risk of national interests in order to carry out hisown designs ; neither will abate one jot of his pretensions in deference to the advice of friend or foe. All parties may rest assured of this, that the reduction of the franchise is Mr. Gladstone's sole object, and that what ever else may be abandoned, this proposal must be adopted, or Mr. Gladstone will quit office, and that those who have been induced to support him on the understand ing that the whole bill should be withdrawn will find they have been instrumental in enacting its most objectionable provisions. Is the Chancellor of the Exchequer as indis pensable to the people of England as Count Bismarck has made himself to the Ring of Prussia? The Herald appeals to every conservative member to attend in his place to-night and every night on which the Reform Bill shall be amongst the orders of the day. Thaw who desert the cause of conservatism will be judged by their consti tuents. The Tdepraph speaks of the 71. franchise as the cen tral proposal of the bill. The division list will be the list of the enemies and the friends of the people—the names absent from it, without cause as imperative as death, will REMARKS. Moderate westerly winds generally prevail on our coasts this morning. Since Saturday barometers have fallen from three to four-tenths of an inch In Scotland, and from two to three-tenths of an inch on the east coast of England. Rain has fallen in Scot land and in Ireland, as well as at Holyhead, Liverpool, and Scar borough. The Rev. Julian Young, who succeeds the late Rev. John Keble at Horsley, in Hampshire, is the son of the accomplished and celebrated actor of that name. A new church has just been consecrated at Foothill Gifford, in Wiltshire. It has been built at the expense of the Marquis of Westminster. The cost was nearly 7,0001. _ The Vottnor Times states that Mr. Way, a tradesman of Newport, in the Isle of Wight, undertook last week to swim for a wager from Newport to Cowes, • distance of four miles, without resting or stopping. Re accomplished the fest in five minutes under the two hours. 11,•-: S , u THE lOU T It 3 H AND FOREIGN BIBLE SOCIETY. . - LAYING THE FOUNDATION STONE OF THE NEW HOUSE BY THE PRINCE OF WALES.-(THIS DAY.) This morning the ceremony of Lying the foun dation stone of the new house of the British and Foreign Bible Society was performed by his Royal Highness the Prince of Wales, in the presence of an immense number of leading Mende end supporters of the institution. The site chosen for the new building is about a hundred yards from the well-known depository in Earl-street, Black- Mar, and on the slope of St. Andrew's-hill, lying between Thames-street and St. Paul's-churchyard. The ceremony was performed in a vast tent, one side of which was croon pied with twenty or thirty rows of raised benches, filled for the most part by ladies, attired in har mony with the auspicious character of the occasion. The seats, which provided accommodation for 2,500 per sons, were all filled. On the opposite side of the tent was a spacious platform, about the oentre of which was the foundation stone, consiming of a massive block of grey granite, and the ropes that were to be used in raising and lowering the stone were ornamented with a number of banners of various colours, forming a sortof tritunphalarch. Immediately behind the stone was a raised ornamental scroll inscribed with the words, " The earth shall be full of the knowledge of the Lord as the waters cover the sea while at the back of the platform was an immense book case containing bibles and testaments in all languages. The whole tent was gay with streamers ; the band of the Hon. Artillery Company played at intervals; and the some altogether was one of a brilliant character, the culminating point of interest being the anticipated presence of the Prince and Princess of Wales, for whom two state chairs were provided on the platform. At a quarter-past twelve the playing of " God Save the Queen" by the band announced the arrival, un accompanied by the Princess, of the Prince of Wales. His royal highness, who was attended by his equerry, Lieutenant-General Knollys, was received by the Presi dent of the society, the Earl of Shaftesbury, and many of its leading supporters. Among the distinguished persons present were the Lord Mayor and the sheriffs of London, his lordship being attended by his chaplain, sword bearer, and other civic officers ; his Excellency the Danish minister, General Bulow ; Lord Charles Russell, the Archbishop of York, the Bishops of Winchester and Carlisle, the Hon. A. Kin naird, Mr. Horsfall, 31. P., Mr. Ilanbury, M.P., Sir Charles ' Trevelyan, The ceremony commenced with the singing of the Hundredth Psalm, " With one cement let all the earth," tic.; the first verse of which was read by the Rev. C. Jack son, one of the Secretaries. The Rev. T. BINNEY then, in a clear and audible voice, read a selection of various passages of Scripture relating chiefly to the excellencies of the Bible as the word of God. The Rev. S. B. BERGNE read a statement of the society's objects and a brief sketch of its operations. The address seta forth the object of the edifice, claiming for it surpassing interest and importance. It then pro ceeds to refer to the circumstances under which the so ciety was founded in 1804, and to the chief events in its history ;to the cheapness of the Bibles it has issued, and to the number-173 in all—of the languages or dialects into which the Scriptures have been translated. The Society, it was stated, had spent nearly 6,000,0001. in the last sixty years, and its example has contributed to the formation of almost every other Bible Society throughout the world. " The operations of the society," it was said in conclusion, " for more than half a century, have been conducted in this immediate vicinity, but contemplated changes require the removal of the premises so long and so usefully occu pied. This spot will be the future location of the British and Foreign Bible Society. The work of erection is im posed upon the society, not by choice or desire for an ambitious structure, but simply by a necessity which can neither be evaded nor overcome. The building here to rise is not for man but for God, for His honour and glory, who, in infinite condescension, has spoken to man words of love and comfort, and has charged upon us the solemn responsibility of imparting those words to others, till every human being, of every clime and every dialect, shall read, in his own language, the message of peace and salvation. While inviting the liberal and hearty co-operation of all who are friendly to the circulation of the Scriptures—firstly, and chiefly, the blessing of God i s invoked upon the undertaking now commenced under the the distinguised auspices of your royal highness. May He abundantly prosper this work of our hands, and accept it as an expression, feeble and inadequate indeed, of the mighty debt of obligation England owes to a free, trans lated, and cheap Bible." The Earl of SUM/DOUR! then in a short and appro priate address requested his royal highness to lay the foui.dation stone of the new edifice. Before the foundation stone was laid the Rev. C Jackson presented to the Prince a bottle containing a copy of the last annual report of the society, a copy, on parchment, of the inscription on the stone, a Tinier newspaper, and several of the current coins dated 1866. This bottle was deposited in a cavity prepared for it under the stone. His Royal. HIGHNESS then laid the foundation-stone of the new building. It bore the following inscription ' " British and Foreign Bible Society, founded A.D. 1804. This stone was laid June 11, 1866, by his Royal High ness Albert Edward, Prince of Wales. Shaftesbury, president ; C. Jackson, S. B. P,ergne, secretaries ; Ed. I'Anson, architect ; Rider and Sons, builders. ' Thy word is truth.'—John xvii., 17." The Prince having gone through the usual manipula tions, pronounced the stone duly laid—an announcement which was followed by loud cheers. The silver trowel used by his royal highness was inscribed as follows: "Presented to His Royal Highness Albert Edward, Prince of Wales, K.G., by the President and Committee of the British and Foreign Bible Society, on the occasion of laying the first stone of the new premises, Blackfriars, London, June 11, 1866." The hilt of the trowel was an ornamental piece of work consisting chiefly of a bible and the Prince of Wales's feathers. His ROYAL Ilicmrsas then delivered the following &dames : My Lord Archbishop, lilies, and gentle men,—l have to thank you for the very interesting address in which you ably set forth the objects of this noble institution. It is now G 3 years ago since Mr. Wilberforce, the father of the eminent prelate who now occupies so pro minent a place in the Church of England, met with a few friends by candlelight in a small room in a dingy counting house, and resolved upon the establishment of the Bible Society. Contrast with this obscure beginning the scene of this day, and which not only in England and in the colonies but in the United States of America, and in every nation in Europe, will awaken the keenest interest. Such a reward of perseverance is always a gratifying spectacle—much more so when the work which it commemorates is one in which all Christians can take part, and when the object is that of enabling every man in his own tongue to read the wonderful works of God. I have an hereditary claim to be hereupon this occasion. (Cheers.) My grandfather, the Duke of Kent, as you have reminded me, warmly advocated the claims of this society, and it is gratifying to me to reflect that the two modern versions of the scrip tures more widely circulated than any others—the German and English—were both in their origin connected with my family. The translation of Martin Luther was executed under the protection of the Elec tor of Saxony, the collateral ancestor of my lamented , father, whilst that of William Tyndale, the foundation of the present authorised English version, was introduce; with the sanction of the royal predecessor of my mother the Queen, who first desired that the Bible " should have free course through all Christendom, but especially in hie own realms." It is my hcpe and trust that, under the Divine guidance, the wider diffusion and the deeper study of the Scriptures will, in this as in every age, be at once the surest guarantee of the progress and liberty of mankind, and the means of multiplying in the purest form the consolations of our holy religion. The Bishop of WINCHESTER then returned thanks to his royal highness ; after which the National Anthem was sung, and the Archbishop of York concluded the proceed ings by pronouncing the benediction. His royal highness was conducted to his carriage by the I Earl of Shaftesbury, the Lord Mayor,and several members of the committee, and retired amid the cheers of the as sembled populace. The old church at West Cowes, in the Isle of Wight, is about to be pulled down and rebuilt at an ex pense of 3,0001. OVERBND, GURNEY, AND polo ist (THIS DAY.) This day an extraordinary general la se ti,„ shareholders of Overend, Gurney, sad Coniasay. st the London Tavern, to consider the offehe of th o Plualt• _ _ . d. H. GURNEY, who was appointed elminma vote of the shareholders, said he regretted GM thy h ., not met under more favourable circumstaares—s ssir steams which they not only earnestly hoped, t st they confidently believed would be the riremastaasit which th i s m ooting would take plan. At th these% formation of the new company they found, t it s t e domi weeks of sesiduous labour, that as mattes Mae ow there was snob property in the busin ess , and s - : 1 It, aa rendered the guarantee amply i n g44 cover any losses or contingencies that caddie Moo t against it. This expectation the event most l o s t , ably &mounted—frustrated, he might my, t o is ski which altogether took by surprise the partisan of firm. There were some items upon which dwo culation had beau too sanguine. 'rho:, w oo -7 other items, the loss upon which was about by the continuous depreciation et which culminated in the final steppep d . " 2 company. There were entirely new losses uma and bills taken over under the guarantee of the which together with the loss of interest during aiy produced the deficiency which they had to j oasit 7 the time of the formation of the new 4 the minimum rate of discount existed art y es of England, and they had no reason to approbate, tio which subsequently ensued from the very high tercet which afterwards existed. With regard t o g m "; given for the goodwill of the business, it vas trot tit the late firm embarked in certain transactions out of the legitimate line of discount banana soi it transactions though productive of great spo ors " NI subsequently resulted in very heavy loss. Times to w actions did not to any material extent infidel o ik the sound regular business carried oa Is t years by the firm, and which if odW o r; would have avoided these losses to which he slMis h was to preserve that regular and lucrative W oo that the new company was formed. illciedise irregular class of business, and taking . 4 , sideration the regular and lucrative beam w. it appeared to them that 500,0001. in rather under W ow two and a half years were the regular profits of th row puny. Of the 500,0001., one half was to be paid in ma* the other half was to be taken in shares of the w e 00 , piny. The moiety remaining unpaid at the posy the stoppage was on 8,300 shares. With mpg liquidation of the old company, it was a fair Bett i s. how far there was • reasonable expectation of Oat ha r p being satisfactorily carried out during the yerg oo d liquidation. The deposits turned over were 5,40 g The capital, which was shortly paid up, MS Let* besides the good will. Therefore the cakulatios dth directors was that if any ordinary times bad atm* the lock-up of 3,000,0001. could be safely earned gOse capital and deposits of 6,000,000/., bearing is raindthilij believed the lock-up would be of a temporary drain that it would be rapidly reduced and run off Mikis years. His belief was that if the times bad all Wad against the liquidation, it would have bees Istishelek carried out. When the shares fell the deposits wen Niel to en amount which made the lock-up inconvesient al finally fatal. With regard to the stopper, it mean emend by the directors that it would take place shortly Winn occurred. It might be asked why ha ehy sat make • call to meet the liabilities that they be, were pressing. They did consider that questios shei la days before the stoppage took place ; but they month conclusion that if a call was made, dm* te the amount received upon the call would be widhen, The chairman concluded his statement with halter from the meeting. Mr. RENNIE, one of the new directors, Asia the dk oumstanoes under which the company wee forest; al this also gave satisfaction. Mr. HAWING, the accountant, stated the psitin the company last Saturday. There were 208,431. hth bank. Since the 10th of May, the date of the AM* the liabilities had been reduced by bills paid a 4,600,0001. (Loud cheers.) The amount of bills risked unpaid subsequent to the stoppage was 846,9331. lb. id He had gone through the rest of those bills sad bees sidered that a considerable pot :ion of them would be pi within a reasonable time. lie estimated that the sand of liabilities paid between the present time and the tad August next would be 8,353,9041. 1 ls. 7d. After the ES August there would be left 1,343,528/. Hs., so tit a that day they would know the actual ponies d the company. The estimated value of the mum was 1,250,000/. for which the joint and several cal d the old firm were liable. (Hear, hear.) Mr. JONES, the solicitor, stated that every peel realised upon these estates had been carried to the mil of the company. Mr. LAWRENCE moved that as the company onkl by reason of its liabilities continue its When advisable to wind up the same voluntarily. (Hen, 104 [The proceedings were going on when we weld lama) - - - THE EXTRAORDINARY ACCIDENT 01 TS GREAT NORTHERN RAILWAY. LATEST PARTICULARS.—(THIS DAT.) Up to twelve o'clock to-day no official invegiP tion into the causes of the above accident had takesibie but the railway authorities appear unanimous in tfil n!) Mon that the melancholy fate of the guard gly 5$ occasion of the catastrophe in the first instance, sal s seems tolerably clear that after the second train anal* tunnel, there was not sufficient time to signal the doe before the " up" goods darted in. It is said that Kamen three minutes elapsed between the entrance of the nag train and the third train coining into collision ; distance to travel to the mouth of the tunnel was tO3 hr to admit of communication with the Sim -man. Deg the whole of last night and to-day t h e tnnael Min the accident occurred presented a busy seene-me ben of men being engaged in clearing the fragments of the wreck , and i t is the opining el lit Cockshott, the superintendent, and Mr. Johasce , tk engineer, who have been personally giving instrallM't that one line will at least be ready in the coursed ds MI to work the traffic. Only six or seven of the carriero lai "up" Northern train were thrown off the line; and Iseil;lbl guard, appears to have received but slight injuries 111 was not even thrown from his van ; and with the a* tion of the fatality attendin; Ray and his union. ° ocnnpanions, there was no other case of permaa lol The loss to the company will, of course be very ran. ----- The Marquis of Clanricardo, Viscount Borne, M.P., and Sir C. Wentworth Dilke, M.P., were Pe re t d by indisposition from attending the dinner Newspaper Press Fund, on Saturday evening. Hon. W. MonseU, M.P., who had also promised to sew, was unavoidably absent. A list of the principal dosea.al will shortly be published. Sir E. Landsoer writes to the Times deftedilg the proposal to send the National Ga ller y off to SD ton,and to reserve Trafalgar.square for the Royal gcsgel. The remains of the six per sons lost in the big fire at Dublin were dug out of the ruins yesterg..ol one of them could be identified. The others were b el le' and mutilated. Bitter and general indignatios pressed with regard to the mismanagement and Or: that led to the catastrophe. Had the fire-eseePe order the lives must have been saved ; or if thee IP' been a proper supply of ropes, and ordinary rn and activity displayed by those whose duty it was tow affairs, this sad calamity , it is believed, might Wel. I averted. Some idea of the extent to which " beeriali" big been carried on in the Stock Exchange may be forniedf_l: • the fact that notices are posted for buying in 411 " 1 ,M the sellers, for non-delivery, in no less than 0 4 companies. I During this month 33 larg e mail pack ti leave or arrive at the port of Southampton. tabli4.l Of a d " — ber 19 are to or from New York. A fishing association is about to beis ote at Dartmouth, in Devonshire. The capital 10, • 61. shares. .-00 M ISSIONARY ORDINATION.—(TRis thef.p. morning the Right Rev. Dr. George Smith, lele BON I Victoria, Hong Kong, held an ordination in feell 0 Church, St. blarylsbone under a commission ._,% ' Bishop of London. Thir t e en gentlemen—all of tb as the Church Missionary College at Islingeol - r i l fob sented by the Rev. William Samuel Suih n ' low of Trinity College, Cambridge, and the w Rev. Long, M.A., incumbent of St. Simon's rch pet • I Chelan, and were admitted into holy orders. was preached by the Rev. William Cadman. 1 _in madi petit Ai unde of, be co coati MI w~+ ttoi cam' TI Ooui the : Moo Me