The Sun. — London, England, 1869-01-25 00:00:00

MISCELLANEOUS NEWS. The John Bull states that the ruling spirits of the Cabinet have determined against any compromise on the Irish Church. Our contemporary rejoices at this decision, since it will enable the Opposition to declare war to the knife ; but the culpable neglect of duty by the Church in Ireland, and the furibund Protes tantism of her members, make the battle, difficult in itself, more than embarrassing." IRISH ItAILWAYS. Two correspondents of the Times express some irritation at the tone of Lord Clanricarde's letter on Irish railways. One of them, Mr. Lawson, reminds the public that, according to Irish statistics, only 12,000,000 of the whole amount expended on Irish railways was raised in Ireland, the bulk of the money spent coming from England. Moreover, those lines which do pay have borrowed largely from the English Government. In 1861 £2,000,000 remained unpaid, with S:10,000 arrears of interest, and yet at the same time Lord Naas, now Earl of Mayo, obtained from the house of Commons the sum of £OO,OOO to assist the Irish railway companies. " A Railway Shareholder," taking much the same view, as'. s in which of our colonies the British Government has subsidised the railways. The Government lus merely treated Ireland as an integral part of the United Einzilom, allowing railways to be promoted there by.yrivate enterprise, as in England. It is only bec.,nse the speculators in them have been unsuccessful that they raise a cry for the porch: se of railways by the State. If this be justice to Ireland, argues the " Railway Shareholder," a similar measure must, in justice to England, be adopted in this country. Perhaps so ; but then, a good many persons are perfectly willing to accept this reductio ad alsurdunz,as the Times con siders it. THE TWO SERVICES. There are many rumours of coming changes in the two departments of the army and the navy, but the journals which represent those interests are rather shy about vouching for any of the reports. There seems, however, to be little doubt that an important change will be made in the coastguard department. The separate establishment in Spring-gardens is to be broken up, the chief offices i.bolished, a 1 rge number of clerks dismissed, and henceforth the co.. st guard ships will be placed under the comma: n(1 of the various admirals at the diffesitnt outports. The new Director-General of tae Medical Depfirtii;ent of the Admiralty will have to submit to a reduction of :1300 a year. Still more important, it is believed that the Admiralty will not fill up the appointment of the Admiral of the Fleet, vacant, by the death of Sir Lucius Curtis. As already stated, the post of Governor of Greenwich hospital ill not be filled up, and it is contemplated tr..nsfeiring the infirm pensioners to the hospital . at iNetley, and convert ing the hospital to military purposes. More important still is the final determination, already announced, to close both Deptford and Woolwich Dockyards. The navigating cadets now in course of instruction on board the St. George will be absorbed by the Britannia, and a useless distinction abolished. The Daily Telegraph announces that there will be a reduction of £500,000 in the army estimates on the cost of war materiel alone. The Pall Mall Gazette says it has been positively announced at Chatham that with the new financial year the whole of the separate depids of those regiments which have two battalions will be abolished, an arrangement affecting twenty-five regiments. Finally, it is believed that Government will favour shorter terms of enlistment by keeping a certain number of infantry battalions always at home and a certain number localised in India. We learn it has been decided at the War Office that henceforth officers in the army wishing to give up active service shall have the option of selling their commissions to the department as an alternative to going on half-pay. A ROYAL ROAD. There is a good deal of grumbling in naval circles )ust now because a young German prince, a relation by marriage of the Princess Alice, has been appointed a naval cadet, and sent out to the Ariadne at once, without the fifteen months' training on board the Britannia at Dartmouth, which every other lad who "oins the navy must go through. It seems that there is a royal road to learning, so far as naval know ledge is concerned. THE BRIBERY ACT. The Solicitors' Journal points out that the late proceedings in the Court of Common Pleas cn the Hull election petition, afford another and a very notable instance of the unfortunate manner in which our laws are framed. Here is an enactment made only last year which has fairly puzzled the Bench and the Bar, both of whom admitted the hopelessness of endeavouring to fathom the ambiguous words of the statute ; and f o r th e d ec i s i on ultimately given there could be found no guide save the desire, as a matter of expediency, not to invali date several pending petitions. As Mr. Mellish re i-narked, it would take another Act of Parliament to make the Act intelligible. As Chief Justice Dovill remarked, amendments are introduced into a bill, sometimes at a moment's notice, which materially affect the construction of the Act without the effect being seen. The remedy for this, say we, is that long ago suggested by the present Attorney-General. the appointment of -a Minister of Justice, among whose duties should be that of revising bills before they are brought into Parliament, and watching their progress through it. The Law Times, is ttring to the same Act, says tnat, as it at present stands, a great injustice is in flicted on the sitting member. " The petitioner may be, and usually is, a pauper, and he is required to give security for £l,OOO only, so that if the respon dent's costs should amount to more than that sum, he will lose the excess ; while, being himself usually a man of substance, he will pay the entire of the peti tioner's costs, without limit of amount. He thus fights at a disadvantage, which, combined with the stringency of the law that makes him responsible for the acts of every man who is employed at an election—even for such as may be done against his positive orders—will have the certain effect of preventing respectable and responsible men from taking part in political life, thus throwing the Legislature here, as it is in America and in our colonies, into the hands of political adventurers who make it a trade, and who, having neither cash nor credit to lose, with many things to gain, can afford to hazard that which, as the law is now administered, must be looked upon as a risk which a prudent man, having no object to gain but the discharge of a public duty,will sedulously shun." This very long sentence fairly takes away our breath. TWO CONSERVATIVE MEMBERS. " Consolation presentations " are lugubrious affairs enough, and the Tory papers are glad to be able to relieve them occasionally with accounts of "triumphant celebrations." To their manifest delight two such meetings have very recently taken place. Lord George Hamilton has just returned thanks for his election for Middlesex ; Mr. Stewart Hardy, the son of the late Home Secretary, has made speeches to his supporters at Rye. Lord George seems to have been rather surprised at his election, and he puts it forward as a precedent for contesting even the most hopeless seats. That principle, however, can be carried out on both sides, and will doubtless prove as efficacious in one case as the other. Both his lordship and the member for Rye thought some thing might be made from a Conservative point of view out of the discordant elements of which Mr. Gladstone's majority is composed. They were gentlemen, said Lord Hamilton, of every religion and no religion ; of moderation and extremes—Mr Bright and Mr. Lowe. Mr. Hardy addressed a "series " of dinner meet ings, and replied to his health at each. One point in his addresses should be noticed. He attacked very strongly the economical policy of the Government. " They begin,.' said he, " by diminishing our dock yards, by turning hundreds and thousands of indus trious workmen out of employment in the winter months, thereby increasing the rates and taxation of the country. They propose to do all this to save, perhaps, a penny income tax, or something of that sort. I cannot approve of such a rough-and-ready economy as this, so hard-hearted and so cruel to those who have no other means than their labour of gaining a living. I think some other means might be found, and I would prefer payine , an additional income tax rather than that thousands' of my fellow= countrymen should be left without work in our large dockyards." EARL RUSSELL AND DR. SANDWITH. A correspondence has taken place between Lord Russell and Dr. Sandwith on the subject of a letter I witten by the latter gentleman in the Star. n this Dr. Sandwith declared that " we acted, if reports be true, a very scandalous part in aiding the Turks against the Montenegrins in 1863." Further on he said that "Earl Russell had employed British men-of-war to cruise in the Adriatic with orders to seek any Garibaldian sympathisers who might cross," &e. The noble earl declares that he has made inquiries at the Foreign Office, and has found that no orders were given on the subject referred to in 1863, but that in 1862 he heard it reported that a Garibaldian expedition was likely to invade the territories of Turiey, Austria, or ureeee. ne 6fiesre fore caused instructions to be given that the Com mander-in-Chief in the Mediterranean should send any information of this kind to the authorities cf Lose countries which were in peril from the attack. Latta- on in the same ye:ir he expressed an opinion that if any of her Majesty's crulscrs should fall in with Garibaldi's squadron information should be communicated to the British authorities according to the direction in which that squadron was steering. To this Dr. Sandwith replies that he disclaims the slightest. intention .of being personal in his attack, but that he adheres to his opinion, which every Eng lishman has a right to publish, that" we" as a nation hale acted in a " scandalously" partial manner in bet& of the Turks, _ • _ 22s , - THE BALLOTING AT MANCHESTER. The supporters of the Ballot and those whose opinions about it have been unsettled by the recent elections, are looking with interest at the proceedings at Manchester. For two days the balloting has been quietly carried on, to decide the question of whether Mr. Jones or Mr. Gibson shall be the Liberal candi date. The modus operandi is as follows :—Each polling booth is divided into compartments, very much likethose in telegraphing offices. Each of these compart ments is set apart for a ward. The voter having been identified there obtains his card ; said card contains the names of the two candidates in different coloured inks, and is wrapped in an envelope. This is taken to a distant desk, and the name of the objectionable can;idate is scratched out. The card is returned to the envelope, and is put into the balloting box ; when the box is opened no one will be able to say to whom the card belonged. RITUALISM. The John Bull reveals the fact that serious dis agreement has taken place among the Ritual Com missioners. Earl Stanhope made a motion to the effect that the reading of the Athanasian Creed should be rendered optional—a remarkable proposal from so Conservative a nobleman. The resolution was defeated after a very small majority, and not until one of the commissioners had threatened to resign if any'attempt were made to touch the Creeds. Mr. Venn is about to propose a series of changes which will tend to explain away those por tions of the Prayer-book which the Low Church party dislike. The new Primate is said to be unfavourable to any alterations of the Prayer book. The Rcccrd asserts that the statement of the Church Tines to the effect that the Church Atsocia tion had resolved to surrender its right to recover its costs from Mr. Mackonochie is " preposterous." The statement that the vestments question will be tried at once is also incorrect. "We (Record) have authority to state that nothing is yet settled." Mr. Mackonochie writes to the Daily Telegraph a short letter, asserting that he never intended to refer to Dr. Rowland Williams in his letter to the daily papers which appeared on the 16th, as Dr. Williams supposes in his letter to the Daily Telegraph of the 22nd. Archdeacon Denison has written a final reply to Mr. Lowder. - fie points out, in reply to the charge of inconsistency for not wearing the eucharistic vest ments, that Mr. Lowder confounds between the cte cree of the judgment, and the reasons of that decree. The decree rules absolutely, the reasons by implica tion only, as is carefully distinguished in the memo rial. In all particulars except the two specified in the decree, a decree is wanting to _make law. The-Arch deacon adds that his action has been paralysed by Mr. Lowder and his friends, and ho deeply grieves he can no longer act with theta in the matter. Thus the schism in the Ritualist party is complete. THE S. P. C. K. " A Herefordshire Rector " writes to the Times that the Ritualist party in the S. P. C. K., having been defeated in their late attempt at granting 2,000 for use in the diocese of Natal independent of the bishop, are now endeavouring to alter the consti tution of the Standing Committee, so as to ensure that grant being made hereafter. Six members retire by rotation on February 2, but offer them selves for re-election. One is the Rev. M. Mayow, a Ritualist, and the Rev. R. T. West proposes three gentlemen of his own way of thinking, two of whom are seconded by the Rev. C. Gutch, a former colleague of Mr. West's at All Saints', Margaret-Street. DISIIOP JACKSON'S FAREWELL. Bishop Jackson, who has been elected Bishop of London, took farewell of his old diocese, Lincoln, on Friday. There was a celebration in the Cathedral, which was attended by about 400 clergy and laity. The Bishop preached from Acts xxi., 6. In his sermon he spoke very highly of his successor, Dr. Wordsworth. Referring to the two antagonistic schools of thought —one which doubted the authenticity of some of the books of the Bible and the historical accuracy of others, and obj ected to the supernatural and the miracu lous as impossibilities ; the other demurring to the advantages of the Reformation, and desiring a pnn- Reformation ritual—the Bishop said that both schools included " able, good, and praying men." After the service an address was presented to the Bishop, expressing regret at his departure, and he made a suitable reply, which is published in the John Bull. BOMANISM IN SCOTLAND. Is Romanism increasing in Presbyterian Scotland ? A few days ago we mentioned the secession of Mr. Robertson, formerly an elder of the Established Kirk at Dundee. Previously to this the Marquis of Bute bad seceded. Now we learn that " the Catholics at Alloa, Clackmannanshire, have purchased a hand some cruciform church from the Anglicans for £600." Anglicanism must have been in a bad way to let a " handsome cruciform church" go for such a sum as that. ItIVAI. SOCIETIES. The Broad Arrow, usually a sensible paper, has been seized with Jesuit-phobia. In a leading article expressing congratulation at the initiation of the Prince of Wales into the " craft," our contemporary goes on to denounce the attacks which have recently been made upon Masonry in various periodicals. "It is undeniable that the writers for the press who have been educated for that calling by the Society of Jesus are among the most talented and able of the fraternity," and that these are attempting to " sap " Masonry. What nonsense a ll thi s mystery is. The T suits are simply a religious body, which, like it._ .hers z is desirous of making proselytes; only, instead of going about it inthe bungling, awkward way that some of our very well-meaning but very indiscreet missionaries go, they adopt the Pauline principle of being all things to all men, i n or d er to win some. To the ignorant, whose imagination is easily touched, they send men capable of exciting that imagination ; for men of intellect and logical acute ness they provide similar men. The instrument is carefully selected for his work—that is the whole mystery and history of Jesuitism. - We might study it with advantage : if we had studied it we should scarcely have sent out a student bishop to the unlettered Zulus, nor a Rikialist bishop to the all but Republican colonists of New Zealand. FATTIER IGNATIUS ON DISSENTERS. Father Ignatius on monasticism was alarming. Father Ignatius rebuking the sins of the City men was edifying. Father Ignatius on Christ i a n unity is comforting. In his latter capacity we find that, after all that h as b een said, the Rev. F. Lyne has not given up the " traditions of his father ; " for, though he " practises" rit ua li sm , an d was thought to be of all "high " men one o f th e hi g h es t, h e n ow comes forth with preaching which the " broadest " would hardly cavil at. The keynote of a lecture on Dissenters, given a day or t wo b ac k , was th a t ev eryone was Christian who believed in the divinity of Our Lord. All beyond that was matter of opinion ; on that doe time High Church, Low Church, Wesleyans, Bap tists, Congregationalists could meet. TUE TICIMORNE BARONETCY. It was recently announced that the claim made by a returned Australian colonist to the Tichborne baronet had collapsed, that the claimant had tacitly acknowledged an attempt to swindle by going abroad, and that the real baronet was prepared to prosecute him as soon as he returned. The Star now contra dicts this report, repea t s t h at the " claim will shortly be investigated by a court of law," and declares that the gentlema n i n quest i on " has gone abroad on the advice of his counsel, solely for the purpose of collecting additional evidence in support of his case." TIM WOMEN'S CLUB. Another retirement from the proposed Women's Club is announced. The lion. Auberon Herbert, M.P., has withdra wn b ecause h e does riot care to take the responsibility of •the proposed innovation—the admission of male visitors, against which the Countess of Portsmouth was the first to protest. FIRE-ESCAPES AND THEIR MANAGEMENT. We recently noticed a case in which a lady lost her life through the breaking down of a fire-escape. The inquiry which was generally demanded has taken place before the coroner's jury. The evidence given shewed that the first story was not altogether correct. The escape was not found to be broken as stated, ichen an attempt was made to raise the fly ladder. It was broken in that a tt empt. The crowd around acted as firemen got hold of the ropes, and the immense jerk which was given to them broke the machinery. Now, doubtless, per sons in a crowd may often on such occasions be useful, but they should be under command, and any indiscriminate zeal should as much as possible be c h e cked. Especially should the management of such a machine as the lire-escape be superintended by experience. More haste may probably be made by one man pulling the cords while the fireman is adjusting the ladder, but, as in this case, the haste may be useless. While ha lf a minute was hardly likely to have caused the death of this unfortunate lady, the means taken to save it caused her death. The jury in their verdict expressed the opinion that there had been mismanagement in bringing the escape into action. THE END OF THE CAB STRIKE. London is likely to be safe from any more cab strikes, for a few months at any rate. The result of the battle with the railways has been to break up the two unions. Street Cabby did not care to starve while work was so plentiful, so he turned out and did his own work while his brother of the railway station stayed at home. The owners of cabs were unable to compete with the large numbers who were their own masters, and so the matter has ended in complete failure, both th e mas t er ' s soc i e ty and that of the men falling to pieces. It is said that a new society is about to be formea. 1 1119 death Qi John Daiwa s9ttii Li 411)101111Ced. .ROCIEEDINGS AGAINZT THE DIRECTO2M 0.A 7 OVEREND, GURNEY. AND CO. The e Timinal snit against the directors of Overend, Gur ney, an d Co. (Limited) was resumed in the Court of Queen's Bench, at the London Guildhall, on Saturday, before the Lord Mayor and Sir Thomas Gabriel. The court was crowded as before. Mr. Lewis, jun., conducted the case on behalf Dr. Adam Thom, be prosecuting shareholder, and the six defendants (who occupied seats below the counsel) were represented as follows :---For Mr. J. H. Gurney, Mr. E. H. Gurney, and Ur. R. Birkbeck—Mr. Serjeant Ballantine and Mr. J. C. Mathew appeared ; Mr. Barclay was represented by Serjeant Parry and Mr. Montagu Williams ; Mr. Gordon by Mr. Serje ant Sleigh and Mr. Ledgard ; and Mr. Rennie by Mr. Hardinge Giffard, Q.C., Mr. Poland, and Mr. Gardyne. The proceeding - s commenced with the re-examination or Mr. Edwin Watitin Edwards, the official assignee of the bankruptcy, whose connection with Messrs. Overend, gurney, and Co. was the subject of some amusement in ;ourt. Mr. Lewis then went over a few of the transactions in which witness had been acting fur Messrs. Overend, Gurney, and Co. Witness received £5OO a year from Xenos, who was the agent for the Greek and Oriental Company, and this was known to Messrs. Overend, Gurney and Co. Mr. Lewis : In your difference with Mr. Birkbeck you said be used coarse language about you being the cause of certain losses. What was the language used? Witness: Mr. Birkbeck said, "You have been connected with all the losses." The Lord Mayor : I suppose there was something put in veto rote before the " losses." (Laughter.) A letter from Mr. H. E. Gurney was received on the following day, in which they gave him a release from further services, on the ground that the business he had been previously connected with was about to close, The Lord Mayor : That is a testimonial. Mr. Lewis : And you had £20,000 placed to your credit n 1864?—Yes. Mr. Lewis : You knew all the secrets of the heavy losses of Messrs. Overend, Gurney, and Co.; and I sup pose it was that for which you received the money? Witness : I did not know the secrets. Sir Thomas Gabriel : Yon have told us that you received £5,000 a year, and how do you account for receiving the £20.000? Witness hesitated, and then Mr. Serjeant Ballantine explained that it was in respect of the agreement up to Ist January, 1868. Mr. Serjeant Ballantine : Are you still an official assignee ?—Yes. And you are a partner with Mr. O'Beirne in the City?— Yes. Examination continued : First became acquainted with Messrs. Overend, Gurney, and Co. in 1859, through Mr. D. W. Chapman, to whom witness gave advances. t Did not it seem odd to you that a member of the old srm should want money ?—No. Thought Mr Chapman, might not want the firm to know. The first money advance to Mr. Chapman was after he received the first salary from Messrs. Overend, Gurney, and Co. Are you prepared to say that you had no transactions or advances with Mr. Chapman eighteen months previous to that? Witness : No ; not before I advanced him my £5,000 salary from the old firm. Chapman never paid it back again. Mr. Serjeant Ballantine then handed to witness a letter crom Mr. Birkbeck, who accused witness of being the cause of all the heavy losses of the firm ; that witness had lone everything that was injurious to the firm; and that they would dispense with his services. Mr. Serjeant Ballantine : And you received a testi monial from Messrs. Gurney shortly afterwards. You went from the rude hands of Mr. Birkbeck to the open arms of mild Mr. Gurney. Witness was then pressed hardly about the payment of £20,000. He said, in answer to Sir Thomas Gabriel, that it was in consequence of an appli cation made to the , firm that he received a letter (which in the course of the examination spoken mesgra o f . c h o i n m nee th ti e on no w t i i t c h e O as ver a ee " witness ceased. t w h as at Overen d , testimonial Gum e Gurney, and dgci Co.'s connection Sir Thomas Gabriel : Did any of the companies that you were connected with for Messrs. Overend, Gurney, and Co. pass through your hands as official assignee?—No. Mr. Serjeant Ballantine : Did not Mr. John Henry Gurney come from Norwich in 1861 to investigate the losses of the firm caused by you utterly deny that I was the cause of the losses. Mr. Serjeant Ballantine: I know you would deny any thing. Witness : May I add with regard to the Atlantic Com pany, the debts increased monthly when the ships were an the stocks ; but had they turned out equal to their work, instead of a loss of £BOO,OOO there would have been a dividend. Sir Thomas Gabriel : Messrs. Palmer and Co. and Messrs. Samuelson had the building of them. Did you receive anything by way of commission with reference to these transactions? , Witness : No ; not a shilling. Dr. Adam Thom, of Bedford-square, London, the nomi nal prosecutor, was recalled by Mr. Lewis. Were you aware of the existence of any second deed before taking shares?—l was not. Took the shares because of my opinion of the honour and veracity of the parties connected with it. Mr. Lewis then intimated that this was all the evidence on which he relied for the committal of the defendants for trial on the charge of conspiracy, set out in the informa tion for which this summons was issued. The court then adjourned, and on re-assembling, Mr. Serjeant Ballantine began to address the court. He said he felt it impossible to allow the matter to pass by, as there had been a great deal of public comment, without referring to the manner in which it had been conducted. He did not corn-plain of its having been instituted, nor lid he complain of the expression of the public in court, because it was only natural that in the case of a great failure it was to be expected, when people expected large gains they must think of the risk; and he laid down this proposition rather in connection with the feeling in the affair than as regarded the particular case under discussion. lie was sorry to see such persons as the defendants before them, who were to be subject to comments. He appeared for the old members of the firm, and he did not follow his learned friend Mr. Lewis with regard to the other defendants ; but he was emp o w ere d t o say that the old members had no longer the know ledge that would be necessary to implicate them. They had no connection wi h these speculations ,• they were carried on by M r . Ch apman, who was no longer connected with them. He was almost staggered at the nature of the transactions between Mr. Edwards and Mr. Chapman. Going into the history of the Gurneys' connection with the old firm, he said John Henry Gurney lived at Norwich, on a large estate, quite ignorant of the par ticulars of the business, as he had 1,600 shares in the con cern, and it was not till 1858 that Mr. Gurney learnt that a tui r re d ra fsn t ee h enrdy e toi r aal e l tnni v nti e stgn l . a oit nvah having Nra o , filfant positionhAi gl I .u r rs . Het E o eo c p l of stopped et a , di penury,r e d l tt s icho t ne o no - e d t a drw y ne hfhaei businessnnlas and the firm was embarking on a hazardous enterprise. The n t ti dt er ef . ye brought defendants Edwards et sat Messrs.hrs h d e u e sG r when they found that the losses were increasing ; they ought to have stopped it. But there was a weakness in the nature of the Messrs. Gurney, and they did not wish to abandon the enterpri s e when they were being held by. The charge was that the defendants had conspired to defraud ; there was no evidence that they were aware of the existence of the loss. He therefore thought the case was not ripe to go before another tribunal. He had leaked at the case, and he admitted they had been guilty of great carelessness, but not of that which was charged against them. Mr. Edwards was mixed up with all their losses, and he dished up charm ing companies, and, probably through the medium of Mr. Chapman, told the Messrs. Overend, Gurney, and Co. that the parties with whom they were dealing were likely to cow e round. When they find out what had been going on they began by dismissing Mr. Edwards, and they wished to return to their own legiti mate business as bill-brokers. They thought if they could get fresh capital they would likely come round ; and under those circumstances the public must have known that when fresh capital was wanted, there was something the matter. The Messrs. Gurney had lost everything ; and he thought the court ought to take that into consideration in dealing with this criminal charge, There was no criminal intent. The Messrs. Gurney had their private estates of £1,500,000, so that when they were going to throw that in, the risk that they were turni ng over would be reduced to £1,500,000. They did not think then that the new company would be a failure ; they did not think that the change of name would affect public confidence, and bring down a great immediate demand. The public suspected that something was wrong, and accordingly business was diminished. It turned out that the estates had only realised £700,000, and that was a mistake of calculation. He asked whether the judgment Jle defendants formed of their circumstances showed a \riminal intent. Tin. Lord Mayor: You are not quite accurate. In dealing with the figures you ought to be correct. Mr. Serjeant Ballantine said lie was dealing with the matter generally on the question of criminality, and the defendants :night fairly, without any criminality, estimate their affairs in the way he had suggested. The Norwich 3state had been expected to realise £2,300,000. The Lord Mayor : I never heard of that. Mr. Lewis (interrupting): All the matters of which you have been speaking there has been no knowledge of, and it is contrary to what has been done. Mr. Serjeant Ballantine said he was dealing particu ' laxly with Messrs. Gurney, and lie had only mentioned the fact of Mr. John Henry Gurney not having been aware until IS6I or 1862 of the losses. Mr. Birkbeck and Messrs. Gurney attempted to come to an understanding to do away with the hazardous part of the business, and they expected to clear themselves, and that everything afterwards would be plain and successful sailing. The learned counsel then spoke of the issue of the prospectus; ie contended that there was nothing like fraud in it. These men never dreamt of fraud, they never thought of such a thing ; and he hoped the court would say that these gentlemen, however careless they might have been had no criminal intent. The learned coun se l sat down, after hoping that his clients would not be committed. (Applause and hisses ) Mr. Serjeant Parry (who appeared for Mr. Barclay) submitted that his client had not been guilty of anything 4- hat would send him before a jury. Addresses were also delivered on behalf of other defen -4110, and the court adjourned untillYkkenty,. EVENING, JANU AIONDA FOREIGN NOTLS. TURKEY AND GREECE. The Paris correspondent of the Time: repeats his state ment that Turkey made no reservatbn in authorising her Ambassador to sign the declaration of the Con ference. The .. .adhesion of the Porte was given unre servedly. The only question mooted way as to the manner in which diplomatic relations should 131 resumed between Turkey and Greece ; but the principal point being the adhesion of Gtdece to the decision of the Conference, the mode of resuming relations will not be more than a matter of form. An equally good authority—the Independance Belge—gives a different account. says the Turkish Ambassador did not sign the collectiie declaration, but a separate document. He will not add lis signature to those of his colleagues until the answer of Greece arrives. The Belgian paper confirms the stateme3t of the Times that a question was raised about the resnnption of diplomatic relations. It is added that M. Walewski takes with him, in addition to the declaration, a letter from the French Foreign Minister to M. Delyannis, strongly representing the advisability of Greece giving way,not , o Turkey, but to Europe. Such a letter would, perhaps, be more acceptable from another quarter. 'Throughout the diplo matic negotiations which preceded the Conference, France was the most energetic supporter of Turkey. The mixed commission appointed to settle the affairs of the Enosis is still sitting at the Pirmus, on board the French corvette Forbin. The Liberte: thinks the ease is not likely to go in favour of Turkey, since it was in Greek waters that Hobart Pasha sought to compel the Enosis to chew its flag. Should a verdict to this effect be given, it will prove to the Greeks that Europe does not side with Turkey in this quarrel further than the interests of law and justice demand. War preparations still go on. There cannot be the least doubt that both parties are preparing for the worst, albeit the chance of peace has considerably increased since the surrender of Petropoulaki: The arsenal at Constanti nople is ceaselessly active, every day increasing the muni tions of war. At the command of the Porte a consider. able supply has been sent off in an ironclad frigate for the use of the army, now distributed over the Greek frontier. From Greece come deplorable accounts—too numerous to be questioned— of the distress caused by the military and naval preparations of the Government. A levy of sailors has been made, and the Ministry is making every effort, legal or arbitrary, for the purchase of two ironclads, in addition to ' the two already possessed. The country is overwhelmed with an inconvertible paper currency, and confidence is seriously weakened by the unanswerable demand of the Government for a loan from the leading banks. War or peace, this waste of re sources and abuse of power are alike discreditable. The President of the Cretan Provisional Government, who is now iq Paris, announces his intention of seeking a loan in America. Has he nothing to sell Mr. Seward ? RY 25, 1869. merged powder. Among those killed was Captain W. L. Churchill, U.S. Navy, long favourably known in connection with science. I regret to add that the highly educated wife of this gentleman, a cripple, without friends or money, is at the Bel mont Hotel, Fulton-street, and the public will, I trust and believe, at least fuLish the funds to enable her to reach her home in Georgia. The City made its appearance last Saturday, the price three cents, other weeklies are projected, and two are to be fused into one. The Press, an evening journal, was launched last week. Mr. Charles Sweetser runs the City, and Mr. Paul Nichol son the Press. The New World is to be devoted to romance, travel, discovery, hygiene, the farm and kitchen, art, poetry, and humour. Each number is to have a bill of fare for each day of the week, with directions for its preparation. The hearth and Home, an illustrated weekly, pub lished in New York, which has now reached four numbers, is making some stir, and has done a "deal" of advertising. Mrs. Harriet Beecher Stowe is in charge of one department, but the editor in-chief is Mr. Donald G. Mitchell, known as "R. Marvel." There are some good illus:rations and some excellent papers, and the periodical is well adapted for the country and the class among whom it circulates. The Mother at Home is a new monthly magazine, by Mrs. Henry Ward Beecher; indeed we are being overrun with good things, for which some of the caterers, I suspect, will have to pay. " Running a newspaper" is fascinating work for an American, for which we all consider ourselves particularly qualified by nature, and many of us find out that we are awakened to a disagreeable reality, when we have to pay for our whistle. Mr. Washburne, of Illinois, has reported a bill ftom the Appropriation Committee, proposing con siderable reductions in the navy. A million of dollars is stricken from the pay of petty officers and seamen, and another for the preservation of vessels, &c. The navy yards of Norfolk and - Pensacola each loses $20,000, while the naval station at Mound City is pulled down from $27,000 to pp() The Marine Corps is to be limited to 1,500, with one colonel and one lieutenant-colonel, two majors, one adjutant and inspector, one paymaster, ore quarter master, one assistant quartermaster, twelve cap tains, eighteen first lieutenants, eighteen second lieutenants, the sergeants and corporals being re duced two-fifths, the persons discharged being de cided by lot. The total appropriation i 5515,273,672, being a reduction on last year of $2,091,578. 'We extract the followiing from the letter of a friend in WaAinuton, under date 6th inst., whose communications we frequently publish : " The Union League, headed by the Mayor of Washington, has secured the Rotunda of the Capi tol and the Hall of the Representatives fora grand Vail on the 4th March, Mr. Covode, Chairman of the House Committee on Public Buildings and Grounds, having reported the resolution cqnferring this privilege. So the new Administration will be ushered in with feasting, and dancing, and music, and the capitol itself will he grandly illuminated. May the scene on the 4th March, 1873, be as joy ous ! In my last—and you must allow lam some thing more than " An occasional correspondent"— I alluded to the Census, in the hope of getting the figures before mailing my letter. lam enabled now to report, according to the Bureau of Statistics, that there are in the United States 32,109,827 whites, and 4,633,371 negroes, a total of 36,743,198. Since the Census of 1860 there has been an increase of 5,134,282 whites and 163,866 negroes ; a total increase in the population of the United States of 5,298,118. This is an increase of 19 per cent. among the whites, and 3 2-3ds per cent, among the negroes. The regular Census, as you know, is not taken till 1570, when some are sanguine enough to believe it will show a population of 40,000,000. The Grand Jury dismissed the case against Surratt on the ground that the President's Amnesty Pro clamation absolved him of all past treasonable offences a;;ainst the Government." The State Council of the Union League of Ame rica for the State of New York was in session at Albany, on the 6th inst. Charles W. Godard of Kings was elected President ; Wm. V. Alexander of New York and Lyman It. Bars of Erie, Vice-Presidents; Charles E. Pinckney of New York, Treasurer; and Thomas G. Baker and Na thaniel Appleton, both of New York, Secretaries. Among the members of the Executive Committee elected are J. 31, Schermerhorn of Erie, 11. C. Fisk of Allegany, C. H. Thompson of Steuben, Jas. Terwilliger of Onondaga, E. M. Madden of Orange, J.' H. Stlkreg of Tompkins, Joseph Reeve 3f Kings, and Benjamin De Vie of Broome. MONEY .1 AD BUSINESS. (From the Aew Fork Tribune.) NEW YORK, Wednesday, Jan. 6. Gold opened at 1341, sold at 1351, closing 135. The clearings at the Gold Exchange Bank were $58,837,000, and the balances $2,702,048 43. The Cunard steamer Russia took out $60,000 in specie to-day. Governments opened strong and active with a heavy demand both for investment and speculation, The ad vance was fully one per cent. on the new bonds from the lowest price of yesterday, and the easier tone of the money market stimulated large purchases of all classes. State bonds were more buoyant with an increased de mand for all classes. Tennessee 6's sold at 661 ; New Bonds, 66 ; North Carolina New Bonds, 621 ; Old Bonds, 621; Mis souri 6 per cents., 88; Louisiana 6 per cents., 68; Louisiana Levee Bonds, 621 to 63. The State has paid her January interest at New Orleans, and the Governor in his Message is very hopeful as to the future financial prosperity of the State. , He says :—The entire bondt.d debt, exclusive of bonds owned and held by the State, is $6.750,000, and the floating debt is nearly $62,000,C00, which latter can be can celled by the special tax already levied, and the surplus of half a million left. Miscellaneous shares were dull and neglected. Pacific Mail sold at 1181 to 1111, closing 1191 Railway shares opened with a firm tone on the improved condition of the money market, and the dealings were marked with great firmness throughout the day. New York Central opened at 1561, Closing (561 156. The trans actions were moderate and without special interest. Hud son, Harlem, and Erie were dull. Reading was strong, opening at 924, advancing to 94g. Michigan Southern was the most buoyant, advancing 5 per cent. on rumours that the dividends would he advanced to 10 per cent. par annum. Cleveland and Pittsburg was active. Fort Wayne, also, was higher on a sharp demand from the shorts. The North Western shares continued firm at the opening rates. Rock Island sold at 119, 1191, 1191. St. Paul stocks were strong at an advance of 1 per cent. from the opening price. Ohio and Mississippi, common, sold up to 331, and was steady. The feeling prevailed that the most of the money stringency has passed, and that no further attempt to force hii rates would be made. The current has now changed from the West to this point, and funds will now commence to accumulate here. At the close the market was a fraction lower than the highest prices, hut closed steady at quotations. Governments close str ng, after a heavy day's business. bonds were investment d eman d was ver y l ar ge, and all were in brisk demand. The out-of-town orders were heavy. The following were the bi Stocks:— New York Manhattan 'Union America Phenix lO3 Seventh Ward Commerce American Exchange 11 3! Bank of the Republic l2O CLOSING QUOTATIONS Fl N. Y. Central 6s, 1883 94 I N. Y. Central 6s, 1887 90 N. Y. Central Gs, R Est 86 N. I.,Cent ral 6s, Sub'n 86 N. Y. Central 7s, 1876 100 N. Y. Cen. 7s, con. 76 — N. Y. Con. 7s, '65-'76 - Erie Ist Mort, Ex 1011 Erie 7s, 2d Mort, 1879 98 Erie 7s, 3d Mart, 1883 93 Eri , J 7s 4th Mort, 1880 86 Erie 7s, sth Mort, 1888 86 Long Dock Bonds ..... — Buff.N.Y.StE. lstM, 77 82 Hud. R. 7s, Ist M, 'ii9 100 Md. 3d M, '75... Harlem Ist M, '6B '72... 99 Mich. C. Ist M, 69'72...1191 Mich. new Ist M 88,_'82-1101 Mich. So., 7 p. c 2dM... N. Ind. Goshen Line'6B ilicli2g.ii/sT.l.S.F'd7p.c. 96 111. Cen. 7 p. 0,'70. 1141 Alton & T. H. lrt 89 Alton & T. H. 2d pfd ... 83 Alton &T. 11. 2d g. Inc. 7. ilan.&St.j.LnndCT'rants 105 Han. & St. J. Con Chi. B. & Q., Ist M 1111 Chi. Sz; N. West, S. , F 96 ids for New York City Bank Bank of North America 108 Shoe and Leather l2O C om monwealth Importers and Traders' 123 Park 145 Central National Fourth National .. 101 Ninth National Chatham — • )14. RAILROAD MORTGAGES. Chi. & N. W. Ist M Tol. & Wab. Ist M Ex 93 Gt. Western 2d M '93 76 Mil. & Pr. du Ch. Ist M — Gal. & Chic. Ext 100 Gal. & Chic. 2d M 95 Chi. & R. I. Ist M 9B Chi. R. I. & Pacific 7's 93 Cleve. & To!. S. Fund B9 N. J. Central Ist M N J. Central 2d M Pitts. Ft.W.,!& Ch. Ist M 991 Pitts. Ft. W , & Ch.2d M 95 Pitts. Ft. W. &Ch.3d M 93 Cleve. & Pitts. 2d M 92 Chic. & Alton, S. F. Inc. Chic. & Alton, S.F. lstM. 981 Mil. & St. Plul Ist M 103 Mil. & St. Paul 2d a.., 83 Marietta & 'in. Ist M — Morris & Essex let M 961 Morris & Essex 2d M Joliet & Chic. Ist M — Chi. & Gt. East'n Ist M 74 N. Y. & N. 11. 6s D übuque &S. City, Ist M - Peninsula Ist M Ohio & Miss. Ist M 91 Ohio & Miss. Con B3 Tol. P. W. Ist M. E. D — Atlantic & G. W. Ist M 76 Chi. & N. W. COn Cony. Chi. & N. W. Ex'n 8.... , Aloney increased in ease to-day, the highest rate being 1.16 commission on currency k terest, and at the close loans wore made at legal rates, the average► rate, however, was about 1-32 over legal interest. This sudden let-up is due mere to the fact that lenders were fearful of being pro secuted for usury than to any sudden increase of loanable funds offering. The Chicago Journal of the sth says : " The banks were greatly relieved on Saturday by a large La= of Currency fora thv intori9r. At this writing some of the banks report as largo receipts to-day as Sa turday at the same heur, while others do not. " Exchange was exceedingly firm on Saturday, and it is still firmer to-day. It commands 10 per cent. premium over the counter, and 50 cents between banks. Tho rate of interest remains at 10 per cent. per annum." The following is the statement of the Public Debt of the United States on the Ist of January, 1869: ITALY. It is announced that the disturbances produced by the meal tax have resulted in the deaths of thirty people and the wounding of sixty ; but the correspondent of the Standard estimates that not less than 200 have been placed hors de e nibat. A Rome correspondent of the Weekly Register gives a very serious account of the discon tent in several provinces. The situation in Naples, says this writer, is very uncertain, because the increase in the price of bread, consequent upon the new tax, is simply a great addition to privations which were already severe. But the climax of disaffection is leached in the Marches and Umbria, the Papal districts which were annexed in 1860-61. " Although the resistance has been small in com parison to the revolt that is preparing, it has been more than enough to indicate the bitter hatred of the population to the rulers it was foolish enough to prefer to the Pope eight years ago. All is now changed, and at Ceuto especially the bust of Pius IX. was carried in triumph round the town to the cry of ' Viva it Pontifice,' " The Democrats are another element of discord and danger. The writer believes that a second Garihaldian invasion will be followed by the occupation of Umbria and the Marches on the part of the French troops. It may be added that this estimate of the results of the meal tax is the estimate of a Papal supporter, and is much in excess of that given in other quarters. PORTUGAL. The struggle in Portugal between the Executive and the Legislature has terminated for a time in the defeat of the latter. The Chambers passed a vote which left the Ministry no alternative but to resign. The country was at once plunged into a Ministerial crisis of unusual uncer tainty and peril. It did not appear that the Legislature possessed the confidence of the people, for a deputation of the commercial men of Lisbon took the extraordinary course of waiting upon the King and requesting the rein stating of the Cabinet and the dissolution of the Chambers.• The sovereign has at length taken this advice. The Ministers have returned to power, and the Chambers, it may be presumed, will be dissolved. AUSTRIA. An election speech by Count Andrassy contains some assurances which give it all the importance of a manifesto. The Hungarian Minister scatters to the winds the ru mours which had been so generally received respecting violent hostility between him and Count Beust. Further, he exhorts Hungarians to be satisfied with the constitu tional victory. they have won. The only argument against the arrangement with Austria—that Hungary have no voice in foreign affairs—is a fallacy. By the system of parliamentary delegations, the Diet enjoys a powerful influence in the direction of the foreign policy of the em pire. The electors seem to have believed Count Andrassy, for they have given his party a majority of 130. AMERICA. It is affirmed that the number of free traders in America is rapidly on the increase, and that day by day the hitherto safe status of protection becomes more and more dangerous. The people of the United States are not so blind but that the evils of the present system force them selves upon a national intelligence, which, superior on most questions, has been very obstinate on this. It is found that protection takes away far more than it gives. This is, indeed, the old story ; but, happily, the number of those whose interest lies in ignoring this truth does not grew in proportion to the increase of those who are against protection. The last report of Mr. Wells, the great inancier, is, perhaps, the most powerful argument in favors of free trade ever pub lished in the United States. Mr. Wells has been in Europe, and shews conclusively that the great want of America—skilled workmen —can never be adequately present system. It is true supplied under the that protection increases wages by 58 per cent., but then it well - nigh doubles the cost of living. Hence skilled workmen who have gone out from Europe with the view of seeking wealth in the land of high wages have found themselves worse off than before. Authorities who have sought American opinion at first hand say that the truth of these conclusions is being more widely admitted. The new Legislature numbers more freetraders. The change may be long in corning, but it will come at last. Its advantages to England are obvious enough. THE CONFEDERATE LOAN. A curious feature marked the business of Friday on the London Stock Exchange. There was a revived demand for the Confederate Loan, which was quoted at £9los. The id-a that some recognition of these bonds may be given by the Anglo-American Commission has brought about this renewed speculation. The chance would be adequately paid for by a much smaller sum. (From the Anglo-American Tim.s.) ASTOR HOUSE, NEW YORK, Jan. 7. I have for some time been contemplating a letter to yon, and as IL know STOar correspondent is now having his holiday, I take on myself for this week to supply his place. We have bad very severe and inclement weather. During New Year's-day "it snowed and blowe i" in a way very discouraging to the visitors, and suggestive of much refreshment wherever they did make good their entry. Since then we have had fogs, and all manner of disagree able varieties. The New York bar entertained Senator Casserly last Saturday. The city has been unusually gay. On Thursday, August Daley, the dramatist, mar ried a daughter of Mr. Duff, manager of the Olympic, at the church of St. Xavier, and many other marriages are on the lapis. Capt. James Funck, once very popular in the passenger trade, as for forty years he commanded a packet ship between this port and Havre, died on Wednes day last, at his residence in East Twenty-seventh street. Mr. Grattan, assassinated at Louisville, Kentucky, is the brother of John W. Grattan, a well• known New York lawyer, who telegraphed a reward of $5,000 for the arrest of the murderer. William Wood 'committed suicide on Wednesday by .hooting himself through the head. For several days before his death he had been drinking to excess, and he bad been annoyed at a vessel be ing robbed over which he had been placed as night watchman. Brook and Orme, who con fes,ed the murder of Mr. Brodhead, pleading self defence, Lave been sentenced to death. A box, con taining $56,000 in United States bonds and other securities, was stolen from the office of Rierwith and Rocholl, in New York, on Saturday afternoon. Four men were blown up on Sunday by the igni tion of the gunpowder used for removing the wreck of the Scotland off Sandy Hook. They bad placed 371 b. in the wreck, but in the boat in which they were rowing away from the explosion about to take place there was a wire connecting with the nub- DEBT BEARING COIN INTEREST' 5 per Cent. Bonds 5221,589,300 00 6 per 'eat. Bonds of 1881 283 677,400 - 00 6 per Cent. 5-20 Bonds 1,602,568,650 00 Total 52,107,835,350 00 DEB r BEARING CURRENCY INTEREST. Certificates at 3 per cent. Navy pension fund at 3 per cent 55,855,000 00 14,000,000 00 Total 109,865,0M 00 MATURED DEBT NOT PRESENTED FOR PAYMENT. Three-year Seven-thirty Notes, due Aitg. 15, 1867. June and July, 1868 Compound Interest Notes matured June 10, July 15, Aug. 15, Oct. 15, and Dec. 15, 1867, and May 15, and Aug, 1, Sept. 1 and 15, and Oct. 1, 16, 1868 Bonds of Texas Indemnity . Treasury Notes, Acts July 17, 1861, and $2,174,900 00 3,878,290 00 256,000 00 prior thereto Bonds of April 15, 1842, Jan. 28, 1817, and March 31, 1848 TreaAury Notes, Mar• h 3, 1863 Temporary Loan Certificates of Indebtedness 148,561 64 319,950 00 41.5,492 00 197,310 00 13,000 00 Total • $7,463,503 64 DEBT BEARING NO INTEREST. United States Notes 5356,021,073 00 Fractional Currency • 31,215,715 64 Gold Certificates of Deposit Six per cent. lawful money, bonds issued Pacific Railroad Companies.. 50,097,000 00 Total .. Total debt $467,369,808 64 62,652,533,662 28 AMOUNT IN TREASURY Coin Currency $98,763,368 91 13,063,092 12 Total in Treasury.., $111,826,461 03 Amount of debt, less cash in Treasury—s2,s4o,7o7,2ol 25 The forgoing is a correct statement of the public debt as appears from the books and Treasurer's returns in the Department on the Ist of January, 1869. HUGH M'CULLOCH, Secretary of the Treasury. The Wall-street Journal gives the fluctuations in gold from the beginning of January, 1862, to the end of De cember, 1868:7 1862. 1863. Pate Low. High. Low. High. Jan. par 105 131 1601 Fob 102 1041 153 1721 March —lOl 1021 139 171 April 101 102* 146 159 May lo2* 104* 1431 155 June lO3l 1091 1401 1481 July 120-1 123* 145 August .••11 . 21 116* 12* 1291 Sept. ll6l 124 127 113* Cletober 122 137 1401 '156/ Nov. 129 133* 143 154 Dec. l3) 134 147 1521 1865. Pate. Low. High. January February 1961 2181 March l4Bl 201 April May l2Bl 145 f June 1351 1471 July l3B 1461 August l4o* 144* September l42i 145 01)ctobA• November December 1867. Low. High. 132 i 1.71 1351 140 17 4 01 1401 1221 142 134 138- 1361 1381 138 1401 1394 1421 141 1461 1401 1451 137* 141 1321 137* —IM 1864. Low. High. 1511 160 157/ 161 159 1694 1661 187 168 190 189 251 222 285 2311 262 185 '255 189 229 209 260 211 244 1866. Low. High. 1361 1441 135/ 144 125 136/ 125 1291 125/ 142 1371 167/ 147 151/ 1461 152-1 1431 147/ 1451 154/ 1371 1481 1311 1414 1868. Date. January , February March April May June July August September Octuber November December Low. 133 4 - 1 1391 : 1371 1371 139 1 139; 140 1 143- 14t High. 142+ 144 141+ 1401 ii. 14(1 1411 1451 146 145 1414 137 1361 DECEMB, „ 1868: Opening. Highest. Lowest. Closing. Ist 1351 1351 135 135 1 2d 135 135 f 135 1351 3d 1351 1351 135/ 135 4th sth 7th B th 9 th 10 th 11th 12th 14th 15th IGth 17th 18th 19th 21st 22d 1351 1351 1341 135 28d 135 135 li4l 1341 24th 4' 26th 28th 29th 30th 31st (From the Public Leiger.) PHILADELPH A, Tuesday, Jan 5. There was rather more activity in the stock market estcrday than on Saturday, at about the prizes then quoted. In Government loans there was an advance of k in the registered 1864'5, and a decline of 1. in the coupon 1865'5, and in the registered 10-40's. At New York there is reported more activity in bonds, in the absorption of the millions which have just come on the market in the payment of interest and dividends. Money continues to work very close, with little if any abatement in demand or rates. The banks appear to have prepared for their quarterly statement, and there is conse quently less excitement among borrowers. The banks report a few applications, which is due perhaps to the f act that borrowers knew it was useless to ask them for loans until after the statement was made up. From the course that Western exchanges are taking, it appears probable that, early in this month, funds will begin to flow in this direction, to rest here until the spring movement of pi o duce sets in. D re xel and Co., Bankers, No. 34 , South Third - street, quo te-U.S. 6's, 1881, 1104, 111 ; Old U.S. 5-20's, 1862, 111, lilk ; 'New U.S. 5-20's, 1864, 107 i, 1074; New U.S. 5-20's, 1865, May and Nov., 108, 108; ; New U.S. 5-20's, 1865, July and Jan., 106 i, 107 ; New U.S. 0-20's, 1867, July and Jan., 107, ; New U.S. 5-20's, 1868, July and Jan., 104, 107 j; Ten-forty Bonds, 105 t, 1051 ; Gold, 135, 1351 ; Sterling Exchange, 1174, 148 ; Paris Exchange, 381, 379. New Y o rk, January 20.-According to Messrs. Neill Brothers' report the receipts at all ports for the past four days have been 41,000 bales, against 37,000 bales same time last week. Exports to Great Britain, 17,060 bales, against 14,000 bales same time last week. Exports to Continent none, against 1,000 bales last week. Total exports for the four days to all European ports, 17,000 bales, against 22,000 same time last week. New Orleans, Jan. 19. -Market lower. Middli ng, 1 2d ; laid down. All Southern markets dull, with downward tendency. Messrs. Stokes, M'Haffie, and Co. have received the fol lowing telegrams from their New York correspondents :- "New York, Jan. 20.-Four days' receipts of cotton at al ports, 37,000 bales; approximate estimate of receipts for the week, 70,000 bales; same week last year, 88,000 bales. New Orleans, Jan. 23.--Middling costs, laid down in Li verpool, per sailing vessel, 12-id per lb. Savannah, Jan. 20.-The price of middling from this port, laid down in Liverpool by sail, is 121-d per lb. Galveston, Jan. 19.- Good ordinary from this port costs llid, laid down in Liverpool by sail. Market strong." The above quota tions include all charges, and an allowance of 6 per cent. for loss in weight. Messrs. Satterthwaite and Co. state--" Our New York advices per Russia reach to the 6th instant ; they report a little less stringency in the money market, but still rates demanded were high, 7 per cent. being exacted on first rate collaterals, and some cases a commission in addition ; for mercantile paper the rate ranged from 8 to 10 per cent. Notwithstanding this, the stock market presented a firm aspect; in Government Bonds the chief feature being the steady demand of small investors. The railroad stock market was buoyant on the whole. The leading operatcrs and controllers of the principal roads appear to have suspended their hostile movements, and are now di recting their energies to combinations with Western lines, to secure a through route, in anticipation of the com pletion of the Union and Central Pacific lines. New York Central had fluctuated violently, almost daily -the latest quotation was about 155. Railroad mortgages were dull, gold at 135 higher." The following is from the circular (!f that firm of Jan. 20 : -Tne firm market noticed in our lust as ruling in London for American Securities has been fully maintained during the past week with a decided tendency to improvement; there has been a continuous buying of United States Bonds for investment, both of 5-20, 18 ;2's, and of 1865'5, and of 10-40's; the ad vance on the week being about half per cent. Illinois shares .11570 been in good demand, at 93, ex divi dend. There has been more disposition to buy Erie, and the price has improved to 264; the tendency to ad vance in them seems kept in check by large supplies from New York. Considerable transactions have taken place in Atlantic and Great Western Consolidated Mortgage Bonds, which have touched 464 ; they close rather easier, about 46. Division a l Bonds are w i t h out change, ancl'De bentures ale st ea dy a t 42. Th ere i s an active demand for Virginia Six per Cent. and Sterling Five per Cent. Bonds, but the supply is very abort. Pennsylvania General Alortgage Sterling Bonds have brought 85, and Illinois Six per Cent. St er li ng 100 . Central Pacifies and Union Pacifies have given way slightly. DUNVILLE and Co., Belfast, are the largest holders of Whisky in the world. Their Old Irish Whisky is re commended by the medical profession in preference to French Brandy. Supplied in casks and cases for home use or exports, tion. Quotations on application to Messrs. Dunville and Co., Belfast; or 4, Beaufort-buildings, Strand, London W.c . --(Ad YOrtiActlael3t.) THE INDIAN WAR. General Sheridan reach,d Fort Cobb on the 9th December with his column of about 1,500 men. He moved in his late raid in a southerly direc tion, crossing the Canadian till he struck the Washita, eight miles south of Custar's battle-field, and 113 miles from Fort Cobb. A search was then made for the bodies of Major Elliot and 16 soldiers killed in pursuing too far the flying Indians, w ll .° were surrounded by the warriors of Little Raven's band, by whom they were killed, and their bodies horribly mutilated. Mrs. Blinn and hcr child were found in a camp six miles down the river—the former had been shot through the head, and the latter swung round and its brains dashed out against a tree. The Indians were encamped at a point Minya milesbelovt the battle ground, extending a distance of about sae miles, but they abandoned their camps and fle 1 in the greatest consternation on learning the proxi mity of Sheridan's troopers, le tying everything be hind ; as much of which was destroyed, as time al lowed. The trail was then followed for sixteen miles towards Fort Cobb, where the camp of the Kiowas was struck. Late in the evening the In dians became aware of Sheridan's proxiMity, hastened to Fort Cobb. Sheridan hesitated to attack them as they presented a letter from General Hazen declaring them friendly, but he ordered them to pro ceed at once to Fort Cobb. Here they tried one of their artful dolges, but they had too old a soldier to deal with in Sheridan. The warriors joined and accompa nied the column intending thus to deceive, while they rapidly hurried their families towards the Washita mountains. When they thought that they had, a fair start one by one they began slipping away, but the General arrested the chiefs Lone Wolf and Satanta. On arriving at Fort Cobb not, A Kiowa had come in, when Lone Wolf and Satanta were coolly informed, and in that calm determined way which their instinct told them meant the full import of the words, that they would be hung next morning if their families were not brought in that day. The Cheyennes and Arapahoes, one band of Couaanches, and fifty lodges of the Kiowas are at the Western base of the Washita moun tains. The Kiowas, to save Lone Wolf and Satanta began to come in just after Sheridan had closed his despatch, and he had determined to send Black Kettle's sister to see the Cheyennes and Arapahoes iu the morning. Her brother was one of the en voys they sent in to ask for peace. Sheridan clearly intimated that peace would be conceded only after a severe punishment, to be meted also to the Kiowas, if they came in, and if not Lone Wolf and Satanta were to be hanged.. They had been working t oget h e r in this war on th e se t t l ers an d tra di ng i n cap t ur ed stock, and they had been brow-beating Gen. Hazen, the Indian agent; but, says Sheridan, I will take ,owe of the starch out of them before I get through with them. The Indian loss iu Custar's fight has been underrated, as it exceeded 140 killed. The Comanches, the General says, are under his thumb, the Kiowas soon will be, and he hopes the Cheyennes and Arapahoes may shortly be in the same position. The ground iu his trip over the table-land was deep with snow, and the cold in crossing the rivers in tense. The surface was in the highest degree trea cherous with canyons, hummocks, and scooped out basins. Still there was scarcely any sickness ; a few horses were lost, but in the beautiful grassy valley in which he was then encamped he expected to have the command soon in good trim. The In dians have learned for the first time that winter Is not necessarily on the part of the United States troops a time of truce. In Uruguay there is said to be a kitchen cover ing a half acre. They make " extract of meat" in it, disposing of 80 head of cattle per hour, and 400 head hourly when trade is brisk. New York ladies copy with far greater rapidity and with far greater servility the fashions of Paris than do the ladies of London. They out-Herod Herod, and make themselves conspicuous even on the Boulevards and at the Tuileries, while on the Broadway they have it all their own way. The Round Table thus commences an article on the Grecian Bend : -" We have come to the conclusion that the women of Now York are the most beautiful women in the world, for there is no civilized place within our knout' badge where the women go to so much trouble and expense to make themselves hideous, and with so little success. • • • We walk down Broadway, and there we see the ladies assuming a form which they seek to refine by calling it a "bend," and it conveys the idea of ugliness, deformitn depravity of art, and recklessness of character for modesty, goad sense, and purity. We turn into the studio of the sculptor, we wander in spirit through the art treasures which for centuries have stood pro-eminent in beauty, and there we see the same form —the genuine bend—illus trating and typifying the highest virtues which adorn the sex. Wherefore then, the difference? Only this: the one figure the Broadway pedestrian flaunts herself in padding and gewgaws and gay d ra peries, a nd the other figure—th e A thenian model-Lis nude. How violent the antithesis ; Immodestly draped , and modesty naked. Immodest because so draped ; modest because thus naked. There is, then, but one con elusion : that the Grecian Bend, to be acceptable under the ethics of true art, must be accompanied with the condition s under which it was originally made familiar to us. An d ladies who persist in adopting it must either exhibit' the natural contour of their persons, or be the exemplification s of questionable morality and very unquestionable bad taste." In the face of this very severe and perh a ps justi fiable criticism, we desire to remark that although the imi tation is grotesque it is an imitation of modesty and beauty , and as such, having at least that redeeming merit. When the men and women of a dissolute French Court of the old regime took to personating shepherds and shepherdesse s they got up a grotesque imitation of rural simplicity, mo desty, and virtue ; yet it showed a dissatisfaction in some minds with their artificial mode of life, and a yearning for something more natural- LADVERTISEMENT.I—HoIIoway's Ointment and Pills.-- Healing not Harmful.--Persons striving to live honestly, and to pay their way, have these never-failing remedies within reach, which, used as directed, successfully dispose of a serious illness at trifling expense. No application has met with the sam e u n i versa l appro b at i on f or cur i n g all external ailments as that which this unguent has re ceived. Skin sores, deep ulcers, f e tid dis c h a r ges , b urns , blistered surfaces, and many similar affections, are at once soothe,' and put on the road to soundness by Holloway's Ointment' With his Ointment and his Pills the wealthy may save themselves much suffering, and the poor may help theta" selves to health, since these medicines are reasonable is price, and can be purchased in every hamlet. [ADVERTISEMENT.] Dyspepsia (Indigestion), Constipation; Debility, Consumption, and all nervous , bilio us, s t omac h, en" liver complaints in every stage, are only aggravated and accele rated by drugs of every description, but perfectly curable by Du Barry's health-restoring Revalenta Arabica Food, as proved by thousands of cases which had bean considered hopeless, such 9 ' 9 —cough. asthma, also diarrhoea, hemorrhoids, liver complaints, flatulency, nervousness, biliousness, fevers, sore throats, diphthe ria, catarrhs, colds, influenza, noises in the head and ears, rheu matism, gout, impurities, eruptions, hysteria, neuralgia, irrita bility, aleeplessnees, acidity, palpitation, heartburn, headach e ' debility, dropsy, cramps, spasms, nausea arid sickness, even i n pregnancy or at sea, sinking tits, bronchitis, scrofula, tightnel of the chest, pains at the pit of the stomach and between th shoulders, &c. We quote a few :—The Pope's health restored by Du Barry's Food. Cure No. 68,413—" Horne, July 12, 1866—Th e health of the Holy Father is excellent, especially since, abandon ing all other remedies, he has confined himself entirely to 9° Barry's Revalenta Arabica Food, of which he consumes a plate: ful at every meal. It has produced a surprisingly beneficial effect on his health, and his Holiness cannot praise this excellent food too highly.—From the "Gazette du Midi," July 25. Cure No. 46,270 —Mr. James Roberts, timber merchant, of Friraleyt Surrey, of thirty years' diseased lungs, spitting of blood, live; derangement, and partial deafness. Cure No. I,77l—Lord Stuart de Decies, Lord-Lieut. of Waterford, of many years' dyspeps,ia' No. 49,832—" Fifty years' indescribable agony fr om d yspe psia, nervousness, asthma, cough, constipation, flatulency, spasms' sickness, and vomiting.—Maria Joly." Important Caution! Beware of the many unsavoury and more than sloppy imitation s to which, without authority, Baron Liebig's name is most suds' ciously attached. In tins, at 18.11 d.; 1 lb. 2s. 9d.; 2 lbs. 4s. 6d.; 5 lbs, lls.; 12 lb!' 225. ; 24 lbs., 40s.—Also Du B ARRY ' S REYALENTA ARA RICI CHOC°4 LATE POWDER is packed in tin canisters for 12 cups at 25., for 2 , cups at 3s. 6d., for 48 cup s at 68., for 288 cups at 305., foris76ruP" at 555 L—being about one penny per cup. The 30s. and 538 Ale. are sent free of carri age i n E ngland on receipt of Post, Offiov , rder.—BARRY DU BARRY and Co., No. 77, Regent-street, 1 ,011- don ; and all Grocers and Chemists. Births. KENLIS —On the 22d inst., at 34, Grosvenor-street, LOY Alice Kenlis, of a daughter. OKEOVER On the 23d inst., at 9, Chesterfield-street, Mar fair, the Hon. Mrs. Okeover, of a daughter. SREEPARD—On the 17th inst., at Southsea, the wife of Capt. H. Sheppard, 67th Regt., of a son. Marriages. BLAINE —MOGER -On the 20th inst., at Bath, Robert S' Bla no, Esq.. of Kilb urn , L on d o n, to Mary C on stsoce Jfraices, only daughter of George Moger, Esq., banke r Bath. MAXWELL—HAY On the 19th inst., at Musselburgb, Maxwell, Esq., of Gribton, to Adelaide Louisa ' (laugh ter of the late Rear-Admiral James flay, of Beltolit East Lothian. Deaths. FLETCHER.--On the 18th inst., at Ventnor, John Dow Die Fletcher, Esq. LuND—On the 19th inst., at Manor Park, Lee, John 11 ' Lund, Esq., of 41, Cornhill, aged 62. NEWTON On the 22d inst., at 6, Cambridge-terrace, Hi de .: park, Sir William J. Newton, m i n i ature pa i nter i n ord l nary to her Majesty, aged 84. SEWELL —On the 20th inst., at 25, Gilston-road, Brorar ton, W. B. Sewell, Esq., aged 75. London : Printed and Pablished by WILLIAM ANDIIEW S of No. 112, Strand, Pri n t er, at Cite SUN Oftic . 3, No 1. 2 Strand, in the Precinct o f t h e Ss voy, in the Counti 4 ) l iddleri9x t ..-/Lociny JiO2UOTY 26 1 15U8. - 11(1NA This eel, Prize Meda It Pur( Sold in I the Agents 8, G Observe han.'s LL inuT 14, Rtr, ADVANC' bold or L( able week] Forms free AD PI GENERA tinier ten a.m. till to Roy Everyb( Ind see t Vide (he D. Davis, rington, and a hos 111 M" N OV. G. ] Minstrels, ARF Rooms h and Co. an attra4 Dance 31 THE Gi nuation : St. Jame Band. I freehmei Gentlem and Co., 48, Chea Bo ly ok dil;in at g 33ellevu( Oxford, AS Very Fi Old Cra Shipp Sparkli lery, C Samp bottles P. Consigt celebral Itordeal Whiski also be number of other ED For 1 Annt Pound' The, and fu] be few appliev TE The Fire The n Benue value render leave thirty RE, ~_, 01 Nada Th: £879 the S, street Qu. Govei CI Polic 316,11 EE Tres Unch whet Girls the 1 Th lish and wise snits anti] des and pro C stit