The Sun. — London, England, 1846-09-04 00:00:00

--.........96111 kanehester and Birmin. 40 ,IN Quarters (A) ..... 5 ••••• • uO. Quarters (B) -. 5 - • ,tto. Quarters (C) 1 - olanches ter , Buxton,and 1% P ranch .. -. ..... 42s IU Ai P 01anchester, ... ir . in .. . , and ~..111oul,1 Junction . ... —4 . 1 A ,_alanchest. & Southamot. 2 ---••• 1 • ititlia n d . - lOO „. _l4O 80, pifti;s; ............... 2 1) 1 ,0 Aew ...... 24 ........ "). &, and idind& East. Counties 2%..••.. Itidland Great Western • ........ .••• ~,Irish .... . ..... . ....... 12% •L'ewcastle and . Dar . 1ing ..... D Junction ...•....... 25 ...................... 1 .ll 104 28 tweisue sad Berwick 15 ...... ,I)0. North Shields .• 25 _ Newcastle and Carlisle...loo K e wPort & Abergavenny 21 ,4•••••• -- x"vrY a nd Enniskillen 4% ,Boston Wrk, Shefneld, and • ........ •• .. ...... ' \° rfolk • - 20 — —.. ... ••• ............... ••• _ Do. Ralf Shares 2% 1:30. Eriarittegio.n. ... 2 2 5 ...... 383414. North 13 ' 5 * l ialf Shares ... ll ...... 10 /4% ...... ** Do. Fifths 1 , 1 .. 1)0. Carlisle ................. 5 .. 14 4 14 N ord i f N orfolk 2% •............o rtheorn and Eastern... 50 , 130 . Scrip (issd. 5 dis.) 45 Do.4"°. Quarter Shares... 12% v New ............... 1 ,e,•-•• Kent & Direct Dover 2% l3/4 •-3 % p "kr°rth Staffordshire 42s. ...... 3 *Ys% p - .--, +1 ora l w ales 314 — • Isi°,rthern and Southern ,vionocting ............ 2 •.`iortilampton, Banbury, vend Cheltenham 2 — -- n'°ttingam & Ilansfld. 84 '41°,11, Worcester, and ~ 'Wolverhampton ultford, Witney, and 1% Cheltenham.... . . ..... 1% Pilbrow Atmospheri c ... 1 -•••••• 5 l'ortsniouth Direct ...... 33/4 _ .... ... .... rreston and Wyre ..... 25 _ , Do. 14 Shares ........ 2% '— ,Leading, Guildford, an . d _ ...... ... 9 Oteigate ... ............... 425. — ''' .. 1 41011naond ................. 10 411g,b3r, Leamington,and t, riltrwick ............... 425. — _ .... ••..•• 00ottish Central t . o. N ew 2% - _ 00 041* sr d 1) Midland 10 _ sh 0. Extension . o e t eld, Buxton, Leek . _ hi:otteries andCrewe 136 _ —hetteld & ' Manchester 100 ••• .... -°. Quarter Shares... 8 _ bo.Lincolnshire June. 1 1 4 . _ b° l B, Great GrimAiy. 10• 2% 1). ••• • Sh,. - do. Extension 425. . 3 2.3/4 ....... v dis sh•ewsbury and Birm... 2 i ii ••• '%. dis par 1 / 4 dis. 4 stl.°l3sieire Union 4s• Wolverhamp, 4 lc S. Ataffordsh. June. 21! 1 p 0 and Shannon l% 04th Devon rltia M idlandM 42s. s°o4th d June. 425. .. go ath Staffordshire Junc. 2 ,0,111 Eastern & Dover 33% uo., No. 1 2G 1),°•, N 0.2. -.J0., No. 3 ,0 0 . ,). 4 2% 3% Qt`kban's Hatfield and ••••• _ Sta ines Junction ' ... 425. ....... ......... S &Ines and Richmond_ 1 2_taffords & Shropshir® 2% •-••nith oval 5 ss Lough ........... ••• ans. Loughor & Ca .... • • ••• _ ... . Tawnleron's tm. C0a1.... 2 _ ••• •• •• ..... . Vale Extension ... 2 rin g, Rd . and }Yakt .ea ing, V singstoke 1.. .. of Xeath ... ........ 2 G_,eekl, Pontefract, & __ ••• W u°! ..................... 221/2 warivickshire & London 425. W 4r wik and Worcester 425. Waterford and Kilkenny 8 ... ~Xaterforcl and Limerick 22% waterfd,Wx.frd,Wickiw' witnd Dublin eZ ford, 1v aterford, and wv al, entia W IN eI IV Valley ... 2 , — Rest kid and •2% ..... 3 2% p b.,St Rg Union 42s. ~Zest COnawall ....... 2 —••— estLondon,Old Shares 20 17;8fotcl and Carlow — 2% wilt s and St. Ives... 2 lelou, Somerset, & NV ey- ••• - th °,oest er,Hereford,Ross, Worcester, Gloucester 42s. — Tenbury, and voLidlow ... •• •—2" •• orce ster,lVarwick, and tkqgby ..... - IT 4 , and Carlisle 2% •••.•• _ V and North Midland 50 Vitt° 1/ e Shares 25 D o. S car b oro ' Branch. 25 Do. Selby 3O Do. Extension 2O bo.East and W es t Rid- 1 - lug Extension FOREIGN RAILWAYS. Anglo-Belgian .... 4 Barbadoes 1 Boulogne and Amiens... 1 4 -...•— ..... ''''' Bordeaux & Mediterran. 2 Bordeaux,Toulouse, and 2 .. ... Cette (Mackenzie's).- Do. (E s p e l e t e ' s ) ..., Caais, Dunkrk, and West _ . .... ...... Flanders . Calcutta and Diamond llarbour . ••• •• • ..... *" 7s• ...... _ ........... .... Callao, Lima, and Pacific Coast ••• •• .. ....... _ CD;entral of Spain ••• •- • 2 — ylon ...... ....... . .. .... 2 5 % 5. ,ernerara uendre Valley 4 — M ect Bombay and ss. Dir % .. ra Dutch Rhenish 6 E as t India n ... ••••• • *** ss. ••• ......... t astern Belgian Junctn. 2% _ tl'aPoux Hazebrouk 4 tit_lndian P en i nsu l ar s s . 10 Western Bengal... 55. .... ' ...,44estern Canada••• 31 4 ••• fu Lanl, W and Austrian Iroaica Salid. Junction 1 .7eraty . ... 1 •• nvain a' 1 Sambre ... 5 4 ••••••.: .-- 4•l'Leruboura .. 1•3'o ~, g . 2 .. .... - I , Us an, Avignon •qadr 1 k , its .................... aurae, Nellore, and .% Arc ot ILlad .. .. -- nu and V lentia...• 2 ''• 41 awit. a -- Namur ins .. 1 ...... 2% 6 ...... iv and Lieze. •• - ii l or ° f France Constituted 5 .... or ,41 Jamaica 1 ...... • o;ll'ane and Vierzon ... 10 ...... --; 3z e4llB and Bordeaux... 6 •••• • • v A .. ___ li),ver Yssel 4l3s 4d _ Pa ec LyonsConstituted 5 _ nu 1, 41 0 and Orleans 2O 37%4_ .. ..... . pans and Rouen _ 4 n tis and Straslourg 28 14 Co nstituted 273/ 4 % 28 _ i sott en and Havre ...... 20 _ o"anilare and Meuse •••••• 8 •-•— _ _ Vasbourg and Bale ... 14 ~,'"t• Laurence & Atlantic •••• • ...""' ...... ,ours and Nantes Con -5 ,. ~., stituted -- ..... 1 .uournay, Jurbise, Lan- _ ( len, and Hasselt....... 2/2 4 Trinidad 6 West Flanders ...... ..-- B ANKS ' JOINT STOCK ... 40 Australasia _ _ British North American 5 2 0 5 Colonial — _ -- Commercial ofs Stock k ondon 2 10 0 London Joint . ter 2O _ London & Westmins ..... ••• ... .... liationalProv. England. ~its l/..__. _ National of Ireland_ ... 25 , Provincial of Ireland _ .... Union of Australia ..... 9 5 10 — union of London 11 A HO , 13 1 / 10 3 4 27% 2% 3814 76% 414 % P 16% ..._ 3% 2% p -- 5/3 12 3 / 4 13% MINES. Real del Monte 17nregd. L LOYD'S SHIPPIN G.-(THIS DAY.) LONDON, SEPT. 4.—Wind E.N.E., light breeze, and fine clear weather. & D EAL, SErT. 3.—Wind E.—Arrd. Apollo, Baltimore. I , l Td. from the river and sld. Morayshire, Barclay, Port ;hilip river Castle, Thorne, Sydney, New South Wales ; „ a dborough, Webb, Calcutta ; Acadia, Dunn, Halifax ; rrederick, Gover, St. John's. w t aviturooL, Sam 3.—Wind N.W.—Arrd. Camerton, p t .'dgewod, Honduras ; Eurotas, Potter, Mobile ; Guardian, irirchill, St. John's, New Brunswick; Sobraon, Harrison, 1 1 ramichi ; Miltiades, Groom, Quebec. Sid. Lucretia, Head -7117. Bahia ; Courier, Johnson, Cape of Good Hope ; Ama- Martham ditto; M an teo, Wilson, New Orleans. Off 11 4 rte . ort, Gr ea t We s t ern s teamer, New York ; John Campbell , 'EC; Westmoreland, Larne, and Crown, —. S HIELDS, SEPT. 3.—Wind W.N.W., fresh. —Arrd. Ade bin Dowing, Quebec; Mary, Lowdon , ditto. The Tinker, ... I Kenzie, of Perth, from Warkworth to Cae n, p ut in here • Ye sferday, leaky, and has been laid on the ground. „ e° ,,, SEPT. I.—The British Queen , of Bri stol, for Ber rn'Va, is of this port, leaky, and will come in next flood. t A L , SEPT. 2 . — The Martha , Lon g rid g e, from Antwerp 4, -- , -.7 erPool, which put into Ramsga te, has been surve y ed, must discharge to be docked and repaired. THE FORD ABBEY ESTATE.—The sale of this splendid monastery and its demesne, came off, for the se cond. time, on Thursday, at the Auction Mart. Mr. George R o bi ns pres id e d, and indulged his auditory with Zvery long d e t a il of the origin of this famed abbey , a nd n explanation of the reason why the secon d sale t° 4 ° l place, which the public know arose from the Rev. 1 t he Gwynn () having become the purchaser, and s i g ned Contract, and did every thing but one—he forgot to pay his deposit—thus it became necessary to resell it in order,,, to know what pecuniary damage be would sustain . r t cbins's e x ,; 11 0 sale-room was immensely crowded to hear Mr planation, and, after a spirited competitio n, Was sold for fifty thousand and one hundred gui neas, independently of the timber , fixtures , tapestry e ` tu e finiest in England), pictures, &c. &c. The pur ser's n ame was no t d e clared, but Messrs. Osborne and w a t ril, the eminent solicitors of Bristol, were the agents he purchaser, and the on dits suggested that it was Ought for one of the rich Bristol bankers. One thing is certain, the clergyman will hare at least 2,000 guineas 69 Pay for his lark. THE TIMES TESTIMONIAL. On Wednesday a most sumptuous entertainment was given at the London Tavern by the committee who had conducted the public subscription for " the Times Testi monial" to the proprietary of that journal. The Right Hon. the Lord Mayor presided on the occasion. The company consisted of the Governor of the Bank of Eng land, the Baron L. de Rothschild, Mr. Masterman, M.P., Mr. T. Baring, M.P., Sir George Larpent, Sir Alan Napier Macnab, Mr. Walter, Sir Peter Laurie, Sir George Carroll, Mr. Alderman Wilson, Rev. Dr. Rice, Mr. Peter Laurie, Mr. John Noble, Mr. S. Briggs, Mr. R. A. Gray, Mr. J. P. Gassiot, Mr. Holford, Mr. J. D. Powles, Mr. W. H. Ashurst, Mr. W. Tite, Mr. F. Pegler, Messrs. T. and W. Piper, Mr. T. M. Alsager, Messrs. J. and H. F. Walter, Messrs. W. F. A. and J. T. Delane, Mr. Tyas, and Mr. J. F. Neilson. ISIr. Alderman Hughes Hughes was the vice-president. After the healths of " The Queen," " The Queen Dowager, his Royal Highness Prince Albert, Albert, Prince of Wales, and the rest of the Royal family," which were drunk with all the honours, The LORD MAYOR proposed " The Army and Navy." He was pleased on the present occasion to see before him a distinguished individual who might be said pecu liarly to represent all branches of the toast he had thus indicated—he meant Sir Alan M‘Nab, whose health in connexion with " the Army and Navy, ships, colonies, and commerce," he begged now to give."—(Cheers.) Sir A. M'Nan felt quite taken by surprise by the as sociation of his name with the toast which had just been proposed, and quite unable to express in adequate terms his acknowledgments for the compliment. He begged in the name of that loyal and gallant body of men, who had done some service to this country, to return them thanks for the manner in which they had received the toast be had thus inadequately acknowledged.—(Cheers.) The LORD MAYOR, in proposing the next toast said, he was sure they were all perfectly aware of the object of their present meeting. It was to express the admira tion they entertained for that valuable—he would say that invaluable—set of gentlemen who conducted the Times newspaper, and defended so conspicuously the rights of the public in the conduct of that establishment.—(Hear.) This he would say with reference to that paper, while there was no party that would do more justice to an honest man, although he might be the accused, none could take more pains than those wbo had the adminis tration of the Tintestorender entire justice to individuals in such circumstances, to bring them through public ac cusation, and enable them to retain their position in society, if they thought them innocent.—(Loud cheers.) With that feeling he maintained that a publication of that kind, under the public-spirited conduct of those gentlemen who composed the body having the control of the Times, was most valuable, most essential to the in terest of society.—(Loud cheers.) In thus proposing the health of the Proprietors of the Times,' he was greatly delighted to find that his Hon. and excellent Friend, Mr. Walter, sat on his right.—(Cheers.) He very well knew that that gentleman had for some time had very little to do with that paper, but still he believed his anxiety on all occasions to see justice done in the Times to the interests of the community was so great, even if his hand should never be out of his pocket, that he would do anything to carry out the objects of the establish ment. And, therefore, he begged to propose the health of Mr. Walter—(Cheers)—as one of the original pro prietors of the Times—(Cheers) —a gentleman who had taken a great interest in its conduct, to whose enter prise, intelligence, and judgment, much of the success of that newspaper was owing— (Cheers) —a gentleman who, as a Member of Parliament, was the first to take up the Poor-law question—(Loud cheers)—and who, in all his arrangements in public and private life, had done such invaluable service to society—(Loud cheers)—he begged to propose " The health of Mr. Walter, and prosperity to the Times newspaper." The toast was drunk with all the honours. Mr. WALTER then addressed the company in the fol lowing terms :—I cannot express how deeply I feel the honour you have done me. I can hardly so much as acknowledge in the simplest terms any of your Lord ship's expressions of kindness, as intended for myself, so far do they surpass anything that I could claim or ex pect. Connected as I have been throughout life with the trade of London, it is most gratifying to find, at this time of day, that I possess your good opinion to such an extent. From this city lam myself sprung, and what ever I have or am is owing to my exertions within its bosom, and the favourable manner in which they have been there received.—(Hear, hear.) The occasion on which you are met is one for which I cannot remember a parallel.—(Cheers.) You will excuse me, then, if I feel some embarrassment in referring to it. You have put up in that splendid edifice which is the com mercial centre of this metropolis, not to say of the world, a perpetual memorial to the honour of a por tion of the daily press. It is needless to say how many might covet the distinction you have given to one. But there is no occasion for jealousy. You have not under taken the invidious task of deciding between the political merits, the independence, the ability, the eloquence of the daily papers. On those points the public are the judges.—(Hear, hear.) With them your memorialists and this day's festivities have nothing to do. One single act has called forth these flattering, these overpowering testimonies—(Cheers)—one single act, not above the honourable desires of other journals, but possibly be yond their means of execution.—(Hear, hear.) When all are doing what they can to serve the public, the Times was fortunately enabled to do what it did by the manifold resources at its disposal—its numerous and trustworthy continental agents, its regular correspond ence, and the other facilities of an establishment which has grown up into unprecedented magnitude.—(Loud cries of " Hear.") But I need scarcely say—for nowhere are the ways to greatness better known than in this City—that this journal could not have achiev n e lig d ean t nr h .d e ) service successfullyyo u this engagedday r i e n wa rd similar, unless la b o i u t had rs . beenatea labours.—(Hear, Its power is the fruit and the proof of some shonest ex- e a r t t t i n on e s n .— ot ( to C m he o e f rs t .) ne Yo ta u n w le il e l n h o e n a g r h fr r o el m 7 n c respecting n g Hon.t sg i Friendnl e wtylaoinare d for rt me e ic t h o g y o ou in a t r o e d c e o t m aiz m w o i r th atin which sls n me o of necessary much more familiar than I am. The case be fore me at the time in a general way, an d my' advice asked. I certainly gave my advice and assistance, and they were such as you have this day done me the honour to think that I was likely to offer.—(Hear, hear.) But r lest I should seem to take more than my due, allow me to declare why I so readily accepted your flattering in vitation. A comparison, not inappropriate to this place of hospitality, will explain my meaning. An English man may be visiting another country, or may have adopted it for his own home. His affections may still be iu the land of his birth, the land of his education, of all his earlier, of all his dearest connexions. He is pre sent at a festive meeting, and hears a toast given, which his presence has possibly suggested—" England," and perhaps his own name associated with it—" England, and such a one." The toast would be flattering to him, to his national and honest pride.- 7 (Hear, hear.) If, besides, he had been something of a political or public character—(Hear, hear)—if, before he had left his na tive land, he had assisted at those very councils which had endeared his country to those new friends by whom he is surrounded—if he had been known for the part he had taken in any great work of British enter prise, British art, or British humanity—his satisfaction would be increased.—(Cheers.) He is an Englishman, though absent from his native land. Such is my position with regard to the Times. It is my literary and politi cal country ; and dear to me it is. —(Cheers.) And so are those by whom it is conducted, upon the honourable principles upon which it was always conducted in its pro gress to its present celebrity—(Cries of " Hear, hear ") and in conformity with that advice and those counsels which age and experience have enabled me to offer. — (Great cheering.) In speaking of the memorial which has been the occasion of this day's meeting, I had al most forgotten another, which promises to be still more durable, and which on many accounts is even of a more gratifying character. I mean the exhibitions which you have founded in two of our chief metropolitan schools. This method of recording your sentiments is of the noblest and most characteristic kind.—(Cheers.) It may enable a' youth to pursue those studies, and make those attainments, which will qualify him to act an im portant part in the literature of his country,without which aid he might have pined in poverty, or sunk in vice. Happier be the fate of genius among us ; and yours be the approbation of your own hearts for having made this effort to raise it. Gentlemen, you have consulted the highest interests of the public by showing that you have your eye on the press.—(Hear, hear.) The press has been called the fourth estate. It is not for me to say whether it be so; but every reflecting man must admit that it is a powerful instrument for good or forievil. The public, therefore, have a deep interest in the inte grity and judgment of those by whom it is directed. For my own part, I would always recommend that the strictest vigilance be shown by the public with regard to those persons who are supposed to influence its movements, since nothing tends so much to corrupt the best institutions as unlimited confidence and the absence of control. The press is exposed to unexampled tempta tions.—(Hear, hear.) Politicians and speculators are only too happy to secure its assistance, or its silence, by a share in their public or their private spoils. In fact, the bribery at the disposal of speculators in one species of enterprise, and of statesmen and politicians in the pro motion of their views and the attainment of their objects, is enough to corrupt all the newspapers in the kingdom. —(Loud cries of " Hear, hear.") It this great and in creasing power of the press is to be cherished in a right direction, I do not know where it can look for support except to the commercial and other great interests of the country. By none are strict integrity, truth, open ness, and strightforwardness more prized.—(Cheers. You know that the complicated and delicate structure of the mercantile system depends on the maintenance of these qualities.—(Hear, hear.) They are your school and your code.—(Loud cheering.) You quickly detect their absence; and, as all may see by the example of this day's proceedings, you immediately perceive their presence, and no less promptly reward it.—(Hear.) With all my partiality for the press, you will see that I am not blind to its faults. It is a really free press lam advocating. It is in your power to preserve the free press. To the immeasurable value of that influence I will quote the testimony of one of the most celebrated men of his day I mean Mr. Sheridan. With all his faults, I question whether we shall see in our time a man of equal talents, or more consistent politics. These were his words:—" Give me but the liberty of the press, and I will give to the Minister a venal House of Peers—l will give him a corrupt and servile House of Commons—l will give him the full swing of the patronage of office—l will give him the whole host of Ministerial influence—l will give him all the power that place can confer upon him to purchase up submission and overawe resistance—and yet, armed with the liberty of the press, I will go forth to meet him undismayed—l will attack the mighty fabric he has reared with that mightier engine—l will shake down from its height corruption, and bury it beneath the ruins of the abuses it was meant to shelter."—(Loud applause.) Gentlemen, I beg to repeat to you my thanks, and the expression of my feelings also, kg far As ADA Able to ex press thew,—(Cbeers) Mr. WALTER again rose and said, though the honour of proposing the toast, with which I shall conclude, might have been assigned to an abler person, yet I am sure that none could have undertaken it with more zeal than myself. The occupant of the civic chair has a rare combination of functions to discharge, and should, therefore, have a rare combination of virtues ; as public spirit, ability for business, a nice sense of justice and horeear, good temper, and warm social affections. — (Great cheering.) You will indicate your opinion whether these high qualities are united in our present chief magistrate, by the manner in which you receive the toast. I therefore now propose, " The health of the Right Hon. the Lord Mayor."—(Great cheering.) The Loan MAYOR, in acknowledgment of the toast, said, he felt that his Hon. and excellent friend Mr. Walter had depicted precisely what a Lord Mayor should be. He was only sorry his humble abilities had not enabled him to realise the views of his highly esteemed friend. Before sitting down he begged to pro pose the next toast on the list—" The health of their honorary secretary, Mr. Alderman Hughes Hughes ;" on whom so much duty had devolved in the course of the committee's operations, and who had so admirably per formed his functions that the committee had subscribed to present hint with a salver commemorative of his im portant services, which he now begged to present to him as a memorial, not valuable so much on account of its intrinsic worth as of the part he had taken in conduct ing to so successful an issue the Times testimonial. Mr. Alderman H. HUGHES then rose and said—My Lord Mayor and Gentlemen, —I feel deeply grateful for the kind compliment paid me by my brother committee men in the unanimous resolution engraved on the salver now presented me in their name in such handsome terms by your Lordship, to whom I beg to express my best acknowledgments. lam happy to avail myself of the opportunity thus afforded me of reviving in the recollec tion of those present some of the circumstances con nected with the movement now so successfully perfected. The deeply-ramified conspiracy exposed in the trial " Bogle v. Lawson," was concocted in 1839, and had for its object the plunder of the principal European bankers to the extent of about 1,000,0001. sterling, by means of circular letters of credit, purporting to be of Messrs. Glyn, Halifax, Mills, and Company. The Times jour nal was instrumental in exposing this enormous super structure of fraud. The proprietors of that most able and influential journal, at immense risk in the first in stance, laid bare, by their publication, that most nefa rious conspiracy, and afterwards, with spirit, ability, and uncompromising integrity, sustained and completed the exposure. It was universally felt that the unmea sured praise and warmest gratitude of every honest member of the community were dde to the proprietors for this display of public spirit, energy, and fearless ness, and that the exposure of such schemes by the public press was of incalculable value to the public in general, and to the commercial part of the com munity in particular. Although, therefore, the triumph of the Times was signal and complete, the mercantile public could not content itself with silently congratulating the proprietors of that spirited journal upon their victory, but, regretting, in common with all who wish well to justice and detest crime, that that vic tory was obtained at such an enormous cost, and also that the proprietors refused to allow the public at large to express its gratitude by reimbursing them their outlay, determined to take measures for recording in a more permanent and substantial manner, the sense of obligation conferred by them upon the commercial world. Accordingly Messrs. Rothschild, Masterman, Baring, and others of the leading merchants and bankers of the City of London, in September, 1841, requested the then Lord Mayor to convene a meeting on the subject, which was held at the Mansion-house on the Ist of Oc tober in that year, and over which the Lord Mayor pre sided. Resolutions were passed, and a subscription opened; and, notwithstanding it was limited in the case of firms to ten guineas, and of individuals to five guineas, upwards of 2,7001. was immediately raised. The sub scriptions were 555 in number, and, as will be seen from the following analysis, the compliment thus paid to the Times proceeded alike from all classes of the commu nity :-38 public companies; 64 magistrates and officers of the Corporation of London; 58 London bankers and joint-stock banks; 129 London merchants, manufac turers, and traders; 116 country bankers, manufacturers, and traders; 21 foreign bankers, merchants, and public companies; and 129 individuals and anonymous. The sub scription from foreign bankers, merchants, and public companies were from Alexandria, Antwerp, Cadiz, Cal cutta, Cologne, Dantzic, Florence, Geneva , Hamburgh, Laguayra in South America, Macao, Malta, Messina, Naples, Newfoundland, Ostend, Paris, Venice, Vevay, and Wiesbaden—thus literally embracing the commer cial representatives of different languages and blood from Antwerp to Cadiz. Of the sum so raised, nearly 1,8001. was invested in the purchase of 2,0001. Three per Cent. Consols, in the names of the Lord Mayor, the Bishop of London, the Governor of the Back of England, and the Chamberlain of London, all for the time being, the dividends to be applied to the support of two scho larships, to be called " The Times Scholarships, " in con nexion with Christ's Hospital and the City f London School, for the benefit of pupils proceeding from those institutions to the University of Oxford or Cambridge ; and 150 guineas has been expended in the erection of a commemorative tablet, with a suitable inscription, in the New Royal Exchange, and a similar one at the Times printing establishment. All these objects have been most satisfactortly carried into effect; and tablets, commemorative of the establishment of " The Times Scholarships" have been placed in the Grammar-school of Christ's Hospital, and on the principal, staircase of the City of London School ; the former erected at a cost of above 150 guineas, bears the following inscription:-- " This Tablet was erected to commemorate the foundation of a scholarship for the benefit of the pupils of this house, proceeding to the Universities of Oxford and Cambridge, to be denominated The Times Scholarship,' which was esta blished out of a portion of a voluntary subscription, made by many merchants and bankers of London, and other commer cial places, in testimony of the warm admiration and grateful sense entertained by them of the indefatigable perseverance, distinguished ability, and unsparing disregard of expense, displayed by the proprietors of the Times newspaper, in the detection and exposure of the most remarkable and exten sively fraudulent conspiracy ever brought to light in the mercantile world, which was developed in the trial of Bogle versus Lawson,' A.D. 1841. " The proprietors of the Times having generously declined to accept any portion of the subscription, it was devoted to the foundation of two scholarships for the encouragement of education for ever : one of which is assigned to the pupils of Christ's Hospital. "July 26, 1842." The following is a copy of the inscription on the tablet in the City of London School:— This Tablet was erected as a perpetual Memorial of the foundation of the Times Scholarships ; one in connexion with the City of London School, the other with Christ's Hospital, for the benefit of Pupils proceeding from those Institutions to the Universities of Oxford and Cambridge. The Endowment of these Scholarships was effected out of the proceeds of a subscription entered into by English and foreign merchants, bankers, and other persons interested in the preservation of mercantile confidence and security. To testify their warm admiration and grateful sense of the moral courage, indefatigable perseverance, and distinguished ability shown by the Proprietors of the Times Newspaper, A. D. MDCCCXLI, in the ready detection and fearless exposure of a most extensive and fraudulent Conspiracy, which, from its subtle and daring character, was unparalleled in the Annals of Commerce. These distinguished Services derived an additional lustre from the unexampled generosity and disinterestedness of the Proprietors, in their refusal to be reimbursed any portion of the heavy expenses incurred in the progress of their noble and arduous exertions. The Honorary SECRETARY having again returned thanks for the compliment which had been paid to hire, sat down amidst loud cheers. The LORD MAYOR next proposed "The health of the Governor of the Bank of England, the Bishop of London, and the trustees of the Times exhibitions." Mr. HEATH, in acknowledging the toast, said the con duct of the proprietors and editors of the Times well entitled them to the gratitude of all commercial men ; indeed, he might say that, as the representative not only of all the bankers in London, but of all in Europe, no eulogium too high could be pronounced upon them. The Loan MAYOR had great pleasure in next pro posing the health of John Masterman, Esq., M.P. Mr. MASTERMAN felt truly obliged for the kind man ner in which his health had been proposed. The LORD MAYOR next proposed " The health of Mr. Thomas Baring, and the Members of the House of Com mons," which was drunk with loud cheers. Mr. T. BARING, M.P., said that, with reference to the immediate occasion of the present meeting, to nething in this country was the House of Commons moro obliged than to the Times newspaper for a faithful and honest report of its proceedings.—(Cheers.) He repeated that to none should the whole of the Members of the House of Commons be more grateful than to the Times, because in its columns they found good speeches faithfully re ported, and when bad speeches were made, their flimsy materials were put in the most becoming dress.— (Cheers.) They were met on the present occasion to do honour to the honest exercise of a great power.— (Cheers.) He might differ from some who were pre sent, but he would fairly state his opinion, that though he might differ from the political and commercial views of the Times, and the manner in which those views were advocated, there could be no difference of opinion as to the talent, the zeal, the perseverance, the integrity with which its power was- exercised—(Cheers) —as well as its freedom from Ministerial and Government control, which constituted it a most useful organ in the state.— (Loud cheers.) They all knew the power of the press; they had heard in the course of the evening the words of Sheridan, which immortalised it. No doubt there were many evils for a public press such as the Times to attack, many abuses to expose, but it might truly he said, although occasionally a modest individual might be the ♦ictim of public exposure, yet in the aggregate there could be no doubt "the fourth estate" exercised its powers with propriety, ability, integrity, and usefulness for all classes of the community.—(Cheers.) Whatever difference there might be among them in politics, of this there was but one opinion in regard to the Times.— (Cheers.) He happened to know the circumstances of the conspiracy whose successful exposure by the Times they had met to celebrate. Very early in the progress of its discovery, Mr. Dobie, the solicitor for the Times —whose constant activity, zeal, and judgment, were en titled to the most honourable mention in that company —(Cheers)—communicated with the correspondents of the firm of which he was a member. It was a compli cated scheme of fraudulent continental conspiracy ; the greatest danger existed that it would be carried out by numerous and skilful agents. The Times was the first to disclose it ; the Times was the only power to stop it ; and the Times having done thus much, having gained all the good for the commercial world the immediate exposure of the villanous scheme could afford, might, in the uncertainty of the low 9f Abel, with the '`l., it. .- 7i . . . . . 1 Vs 2% 8 3 / 4 THE SUN, LONDON, FRIDAY EVENING, SEPTEMBER 4, 1R46. difficulty of procuring evidence, have rested satisfied with the attainment of the object it had then accom plished. But no ; the Times showed its energy, the cor rectness of its information, its indefatigable zeal and re sources, in completely disclosing the fraud ; and richly had the talent, public spirit, and devotion of its con ductors earned for them that " Testimonial" in the Royal Exchange, which but feebly expressed the unan imous approbation of the commercial world.—(Loud cheers.) He hoped the House of Commons, of which he was a Alember, would on all occasions exercise the same zeal, honesty, and integrity in detecting fraud and punishing crime which had been so successfully mani fested by the Times journal.—(Loud cheers.) The LORD MAYOR next proposed " The health of the Magistrates of the City of London," whereupon Sir P. LAURIE returned thanks. The LORD MAYOR next proposed " The health of Mr. Dobie, the solicitor to the Times," whose talent, skill, and industry had done so much in procuring the evi dence on which the exposure of the fraudulent conspi racy depended, and to whose efforts the public at large were greatly indebted.—(Loud cheers.) Mr. WALTER, in Mr. Dobie's absence, felt very un willing that this toast should peas without remark. He regretted Mr. Dobie's absence, but he hoped he might be allowed, in one word, to acknowledge the compliment which had been paid to that gentleman, and to express his own sense of that gentleman's distinguished merits. The LORD MAYOR next proposed the health of his excellent and worthy friend Baron Rothschild, whose name alone would give character over all Europe to the proceedings of such a meeting, and whom he had great pleasure in seeing amongst them that evening.—(Loud cheers.) Baron ROTHSCHILD, in returning thanks, expressed his surprise that such a toast had been given from the chair. It certainly was not in the list of toasts he had seen, and he had at all times great diffidence in ad dressing a public assembly. If he were to express his opinions on that occasion, he should merely be repeating what his excellent friend Mr. Baring had so well said.— (Cheers.) A debt of gratitude we felt they all owed to the proprietors and other gentlemen who were connected with that powerful organ, the Times newspaper, and its successful exposure of a great and well-organised system of fraud would be long remembered by all who were connected with commercial pursuits.—(Cheers.) Mr. Alderman HUGHES HUGHES next proposed the health of Mr. John Walter, jun.—(Cheers.) Mr. J. WALTER,jun., briefly acknowledged the toast. The health of Mr. Tite, the architect of the Royal Ex change, was next proposed amidst loud cheers, for which that gentleman returned thanks in a neat speech. The LORD MAYOR next proposed the health of Dr. Rice, the head-master of Christ's Hospital. • The Rev. Dr. RICE returned thanks in a speech ofgreat ability and eloquence, in which he eulogised the public spirit and manly virtue of the Times proprietary. The LORD MAYOR next proposed the health of those excellent and able gentlemen who took the most active part in the management of the Times newspaper. Mr. J. T. DELANE, in his own name, and in behalf of his colleagues, briefly expressed his deep sense of the kindness of the Lord Mayor and the gentlemen present for the manner in which they had drunk the toast. Mr. J. D. PowLEs begged to propose a toast. Ho was old enough to recollect the introduction of the first " City article," a feature which had been continued in every newspaper since. He could bear his testimony to the great honesty, integrity, ability, and zeal with which that department in the Times had from the first been conducted.—(Cheers.) This he would say, that those in the City who felt it necessary to communicate with this department of that large and influential jour nal, had always received from his friend Mr. Alsager the most respectful attention upon all occasions. —(Load cheers.) For one, he felt deeply grateful to him. The public possessed in that department the most useful communications collected from all quarters, and exhi bited in a well-digested and lucid form. None of the other newspapers had in that respect at all approached the Times, and he defied any one to detect in any por tion of the City article anything like partiality.—(Loud cheers.) This compliment wa s due to his friend. Mr. Alsager ; to him the whole of this great merit was owing ; and he had no doubt that the company would think that their duty to the Times was ill-performed without paying that gentleman the mark of respect to which he was entitled.—(Cheers.) Mr. ALSACER said, that however incompetent he might be, and however he might look around him for assistance on that occasion, yet, in responding to such a compliment, feeble as he was, he must sustain the whole weight of it. He could assure his worthy friend who had proposed the toast, that he felt very deeply the compliment paid to the department to which he hap pened so long to belong. It was now four times seven years since he appeared in the City as the medium of commercial communication between it and the con ductors of the Times. During that time he thought he might say, without at all invading the province of truth, he never betrayed a friend, nor made an enemy. The principle by which all were governed on the establish. ment was the feeling of public independence, each being emulous, irrespective of party concerns, to perform con scientiously the important duties entrusted to him.— , (Cheers.) If he ever failed, it was only from want of capacity.—(Loud cheers.) The party then partook of coffee in the drawing room. _ _ _ The proceedings terminated at eleven o'clock. NATIONAL SECURITY BANK. (FROM A CORRESPONDENT.) In a country like this, which has attained its position as the most powerful nation in the world solely by its commercial credit and resources, any proposition which is calculated to preserve and invigorate that germ of all its prosperity, must be an object of public interest. Our advertising columns of this day contain the announce ment of a banking project upon a novel combination of principles, which we are convinced will meet with general commendation, proportioned'to the great benefit which cannot fail to result from such an institution. Our warnings have been naany. We all recollect the hurricane of distrust and insolvency which not long since swept away the joint-stock banks of the United States before it. The periodical convulsions we have experi enced at home have proved destructive to numbers of private banks, and the repeated fall of some large joint stock establishments of our own from time to time, an nounces that their foundations are yet unsettled. A more meritorious object, in a commercial view, than that which proposes to introduce a system tending to bestow upon them the needful stability, we cannot imagine. The title of the National Security Bank, to which we refer, sufficiently indicates its character. As its name imports, it binds itself up with the financial credit of the country. Assuming the true functions of a bank, it pre sents itself as the safe depository of capital, and the con venient instrument for affording those facilities which fall within the banker's legitimate operations. On the other hand, it excludes all possibility of lending encou ragement to reckless speculations, of yielding to the necessities of private interests and connexions, or of aiming, by increased risks, at the accumulation of greater profits. As long as different classes of society exist, with various wants in their own peculiar circumstances, banks will be found to adapt their transactions to the calls of their constituents, from the inflexible severity of the Bank of England down to the lax accommodation of houses in the most speculative manufacturing districts. Between these extremes the National Security Bank occupies, for the first time, an intermediate station. With an unimpeachable stability, it will offer induce ments to the general customer, which combine in them selves every advantage for which a banker's doors ought to be opened. An ample field, we apprehend, presents itself in the metropolis for the operations of such an establishment. A remarkable diminution has taken place in the number of private bankers, hardly replaced, considering the continued and vast accession to its population, by the joint-stock banks that have more lately been founded. In a still greater degree, perhaps, the growth of its mer cantile business has been developed. The crowded state of the counters of the principal houses, often attended with inconvenience to the customer, sufficiently illus trates this observation. We recommend our readers to the perusal of the prospectus with these remarks, which we have no doubt will be confirmed by their deliberate judgment. The plan will, we hope, be received by the public, and re warded with that measure of success which we sincerely believe it to merit. DERBY ELECTION. THE POLLING.—RETURN OF MR. STRIITT. DERBY, THURSDAY AFTERNOON, FOUR O'CLOCK. — The election has just terminated in the triumphant re turn of Mr. Strutt by a majority of 284. Last evening Sir Digby Mackworth's friends threw open the public houses. Upon ascertaining the fact, upon indisputable evidence, Mr. Barker (Mr. Strutt's legal adviser) waited upon Sir Digby Mackworth, and represented the matter to him. Sir Digby said that it was quite unknown to him and he would see that the practice was put an end to. There is no doubt that the worthy Baronet gave instructions to that effect, but, nevertheless, th3re has been treating (and something else) on the Tory " Anti- Popery " side, and there is abundant evidence of it. The state of the poll at nine o'clock this morning was as follows : Strutt 142 Mack worth At ten o'clock, it was— _ Strutt 359 Mackworth _ lB4 At twelve o'clock Mr. Strutt was 300 a head, and ai he close of the poll the numbers stood thus:— Strutt B4B Mackworth Majority for Strutt The announcement of the numbers was received with loud cheering from the hundreds of persons congregated near to the Reporter office. Many electors favourable to Mr. Strutt did not vote, as they consid e r e d it unneces ' sary• and a few of the Dissenters held aloof, though some of them would have voted if i t h a d b een necessar y. At the last election Mr. Strutt polled 874 votes; Mr. Pole (the Conservative) polled 587. Majority for Mr. Strutt, 28S. The declaration of the poll will take place to-morrow morning. BARTHOLOMEW FAlR. — Yesterday, at noon, the Right Honourable the Lord Mayor made the usual pro• clamati, which is to continue to day and to-morrow, r holding rowt h t e h the variousfair stalls to close at ten o'clock each ev enin g . No shows are perm itted ; the stalls are less tha n a dozen, an.a the attendance in the t o form busiest part of yesterday did not exceed that of an ordi nary cattle market day. ENTERTAINMENTS AT THE MANSION Houw.— This day (Friday) the Right lion, the Lord Mayor will entertain between seventy and eighty of the first mer chants in London, in the Egyptian Hall of the Mansion House ; and on Monday next his Lordship will give another grand dinner to several of the mercantile com munity. LITERATURE STABLE TALK AND TABLE TALK. 2 Vols . By Harry Hieover. The author of these very agreeable volumes is quite a Democritus in his way ; he cannot philosophise without a chuckle, neither can he chuckle without philosophising. He is always in excellent humour both with himself and with his subject, and as plea santry is—thanks to a merciful dispensation !—as contagious as the potato murrain, his readers are un consciously infected with the spirit of the chapters, and resign the book at last on equally excellent • terms with themselves, with sporting generally, with " Stable Talk and Table Talk" in particular, and especially with Harry Hieover himself. Besides being of this well-tempered character, these volumes have given us very considerable satisfaction, inas much as they afford a comprehensive coup d' veil of the histories and mysteries of everything relating to the turf, the stable, or the road—of every thing equine in short. Other scribes have vouchsafed the public their table-talk—Hazlitt, for example, in sentences worthy of his intellect, and Coleridge in fragments of the very balderdash of metaphysics ; but table talk, generally speaking, is such a miserable compound of self-sufficiency, affectation, and twaddle, that we conceive Harry Hieover has done himself in justice in thus designating his lucubrations. The two volumes before us are indeed neither the diluted skimmings of conversation, nor the produce of flip pancy and egotism, such as their soubriquet might imply : on the contrary, they are composed of various articles of a substantial character, descriptive of sporting life, and illus trative of sporting knowledge. As the author facetiously observes, upon his title-page—the book is intended to serve as " spectacles for young sports men ;" and the young sportsman must be purblind, or, in other words, a dullard, if he sees not better into the subject-matter after a perusal of " Stable Talk," or if its pages do not " open his eyes" to a few facts with which he was hitherto unacquainted. We may best afford our readers a notion of the va riety of the materials condensed into these two volumes by referring to the index. Among other sections, we have " Scenes in the Life of a Sporting Roue," and capital scenes they are, too—picturesque and animated. We must particularly individualise one character described in this portion of the work, we mean the wight better known :as " Elbow Jaques." The portraiture is admirable—to the life—to the hair ! We have seen " Elbow Jaques" a thousand times, and though he has not often " borne us on his back Horatio," we could yet muse over this clever delinea tion of him as Hamlet did over the cranium of Yorick. Every one will recognise the original—it is unmis takeable ; not so much as the representation of an in dividual as of a genus. Then again we are treated with a " Hunting Song"—not a spurious piece of shouting and swearing, such as certain nondescript gentlemen are in the habit of singing in back parlours at Camberwell, with a view to impress their hearers with the notion that they (the singers) are thorough Nimrods. No : but a sterling, roystering, glorious hunting song, fit for the best huntsman that ever cleared a fence in pursuit of Slyboots. However, we will enable our readers to judge for themselves by transcribing a few verses—premising that they are carolled to the air of the " Lincolnshire Poacher : '— A HUNTING SONG. I am a jovial Sportsman, as every man should be, A hunting life and a country life is just the life for me : Our horses and our hounds are such no other climes can show, For 'tis their delight in the foremost flight with a fox afoot to go. We are such hardy fellows we never fear a fall, But boldly face the fence or gate, the spreading brook or wall; For those who crane or seek a lane we hold as shy and slow, And will ne'er delight in the foremost flight with trumps like us to go. And now we greet the well-known Meet, we quickly leave the hack, And jump upon our hunter7who is waiting with the pack: Then crashing through the covert both the hounds and hunts men go— Oh ! it's their delight in the foremost flight to tell Pug he must show. Hark ! there I hear a challenge—it is old Music's note— A chorus joins—whatjoyous sounds now on the breezes float "Hark forward !" cries the Whip, for he has heard the huntsman's blow; They'll soon be right in the foremost flight to show how they can go. " Yois, at him!" cries the Huntsman " hold hard 1" for there he breaks ; And straight across the open now his country he takes : He's fairly gone, so now we'll give a rattling " Tally-ho !" And now we're right in the foremost flight like jolly bricks to go. To reach yon distant covert now in vain game Reynard tries, Old Venom runs in to him, and he, gamely fighting, dies. " Who-whoop 1" now cries the Huntsman, who so late cried "Tally-ho !" 'Tis pure delight in the foremost flight in a run like this to go. Here's to fox-hunting and fox-hunters, and may we never trace The man within old England's shores who would put down the Chase! For such a man at once I scan as British Sportsmen's foe, Who still delight in the foremost flight like bricks and trumps to go. Besides what we have already particularised the author has afforded us both amusement and instruc tion on a multitude of other matters appertaining to the same pursuit. Among others—hints upon " the effect of weight and other weighty effects as applied to horses"—an elementary disquisition upon the " education of horses"—a capital dissertation anent " Sporting prints and Sporting pictures"—a curious essay on " Aphitheatrical Horses"—memoranda re specting La Chasse Etrangere—a true tale entitled " The Doctor," a few remarks on " training race horses"—and so many other matters that we must beg to be held excused from even enumerating them. Harry Hieover has here performed an inestimable service to an amusement, the excitement, the ex cellence, the perils, and the healthfulness of which, his previous writings had so well exemplified. Though we mourn that Nimrod is no more, we can rejoice that Harry Hieover is still alive and vigorous. MAGAZINES—CONTINUED. HOOD'S MAGAZINE. Although this is a somewhat unequal number, it is likewise in some respects an unequalled number, since the man we all loved and honoured so much— Thoma§ Hood—departed from among us. Another act is added to the drama of " Ignez de Castro"— namely, the fourth. It partakes of the beauties and blemishes which were apparent in the preceding por tions. " A word with Dr. Johnson" is also conti nued; as bold as ever, and as elaborate. Another serial is resumed in the shape of " Nell Gwynne," and with a trifling improvement. Of " Blanche Neville " we can say but little in praise ; and of the " Bushranger " we have spoken so fre quently, that for the present we are com pelled, from sheer exhaustion, to remain si lent. It is in the " culled dainties," and casual fragments of verse that Hood is so peculiarly esti mable. Nevertheless the three sonnets upon " The Accursed Lash," by J. Jones, are scarcely worthy of his reputation and capacities. They are animated by a generous and charitable feeling, but they do not define that sentiment musically. Perhaps, however, we are expecting too much in looking for melodious numbers in deprecation of the cat-o'-nine-tails ! Mr. William Smith O'Brien, the lineal descendant of Brian Born, hath, in his epistle to " my dear Ray," spoken of the transcendental prose, or something of that sort, of the Nation newspaper. Let him, in the name of common sense, turn either to the Nation of August the first, or to page 284 of this magazine, and he will find the following specimen of that transcen dental prose—" Ay on the bleeding knees of her heart shall England atone, but never to beggars !" Altogether this number is excellently readable. Brougham. By clothing the more abstruse portion of human knowledge with the seductive garb of elo quence ; by divesting their elucidation of all unne cessary technicalities ; and by expounding the mcst profound truths of science with a perspicuity which could admit of no misapprehension from the previously uninitiated, Arago has conferred a boon upon the people which can never be forgotten, and the remem brance of which must perpetuate his name for the gratitude and admiration of remote ages. Lord Brougham will ever retain the most supreme position amongst the noblest benefactors of the human race; he commenced the true crusade of civilisation; he was the first who ever attempted to disseminate a love of learning among the illiterate by rendering philosophy more alluring, and by rendering the secrets of philo sophy more accessible. By establishing the " Library for the Diffusion of Useful Knowledge," by aiding that memorable association both as president and as a literary contributor, from the first moment of its formation to the close of its most humanizing and benevolent career, L or d B roug h am ha s acquired for himself a glory more beautiful, more truthful, more permanent, and more lustrous, than any that can be achieved merely by military prowess or legislative sagacity. Some persons are ignorant enough, or frivolous enough, or, shall we say, heart less enough, to remember some of the Noble Lord's peccadillos in Parliament, and to forget his imperish able deeds for the fostering of the intelligence of the multitude : they can ridicule the sylvan sports of Lord Brougham on his estates at Cannes, but do not possess sufficient magnanimity ever to allude to Lord Brougham's " Discourse upon the objects and pleasures of Science"—the most admirable discourse that was perhaps ever penned upon that most admi rable of subjects. As one of the principal followers of Lord Brougham in this effort to make knowledge more palateable to the mass, M. Arago deserves the grateful recollection of his fellow men. He has endeavoured to emulate the conduct of his great predecesor : and in doing so he has ac quired an enormous popularity. May he long con tinue to enjoy that popularity, and may the career which commenced in 1786 be protracted many years ! We thank the writer of the article, in the Magazine, for the praises he has so elegantly and worthily be stowed. " Strauss' Leuben Jesu," is precisely the paper we have long desired to peruse. Infidelity is most pernicious when it is enforced by erudition, and rendered attractive by the generosity of its accom panying sentiments. Such an infidelity is a poison which may be rendered innocuous by a timely anti dote. Again do we encounter a long article on "Algeria"—commend us to a broad-sheet of railway advertisements instead ! " Signor Formica" is a de lightful translation from a story by Hoffman, com menced in the preceding number. "The Black Prophet" proceeds, and will, when completed, form one of the most successful performances of one of Ireland's best novelists, William Carleton. There are several other contributions, the ablest of which is devoted to the consideration of the " faith, features, farms, fisheries, politics, and people" of Scotland. DUBLIN UNIVERSITY A tribute of honour is here paid to a living French philosopher, not merely of European, but of world-wide celebrity, namely to M. Arago. Never theless, in estimating the character of this remark able man, the writer has spoken freely of his defi ciencies, as well as of his many estimable qualities Regarded as a supreme authority in scientific matters 1 by " the squatters on the banks of the Mississippi, as well as by the dwellers of the Quai Voltaire," Arago is likewise somewhat contemned and even derided in " the College Mazarin and at Somerset House." This is particularly commented on in the article before us, and the reasons for the existence of a popularity so anomalous with the frigid regard of scientific asso ciates, are cleverly and candidly stated. The meagre consideration awarded to M. Arago by contemporary philosophers, arises from the very indisputable fact of his never having assumed any eminence either as an experimentalist, or as an author of elaborate volumes. Arago has never discovered any of the universal laws of matter, he has not aided in any one remarkable in stance the revelations of nature. Newton disclosed the laws of gravitation, Oersted those of electromagnetism, Franklin demonstrated the identity of lightnipg and e lectricity, Davy proved that the earth and alkalis are compounds having metallic bases— Arago has done nothing comparable. Laplace wrote the " Mecanique Celeste"—Arago never compiled any great work upon physical science. Hence it is that among the savants he has (as the writer acknow ledges) been mentioned in whispers, as a charlatan and an impostor. Arago has done much, notwith standing, towards the development of human know ledge : he assisted in the measurement of the meri dianal arc : he elucidated some of the mysteries of magnetism by rotation : he aided in the computation of the relation between the pressure and temperature of steam : and beyond this has performed many similar services to mankind. The proximate cause however, of his fame among the multitude, is one most honourable to his heart as well as to his head ; and one which will be fully appreciated by posterity. Arago has assisted materially in the popularisation of science and philosophy generally : and the writer in the Dublin University goes even so far as to couple his name, in this particular, with the name of kienry, Lord ALMAIVACK OF THE MONTH. Having already, under a separate heading, given one extract from this most amusing little miscellany, to wit Angus Reach's admirable quiz upon the in temperate temperance mongers, we confess that it is hardly fair to trespass further upon its pages. Never theless, we cannot resist the temptation of presenting our readers with the following beautiful lyric from the pen of Mark Lemon. It is a gem. I will sing no more of sorrow, Sadly doubting of the morrow. Seated here beneath the shade, By a sweet-breath'd jasmine made, From the heat of sultry noon Till I hail the pilgrim moon, I will laugh and sing to thee, Merrily, Joan, merrily. What though Time be swiftly flying, We but urge him on by sighing. Hark! the birds trill in the sun, And the streams in music run, Whilst not e'en the flowers are mute, And the wind sings like a lute. Merry sounds are everywhere, Why should I but sing of care? No! I'll laugh and sing to thee, Merrily, Joan, merrily. THE COMMERCIAL MAGAZINE. The second number of this periodical fully main tains the character which its first number has ac quired. It is in every respect worthy to be the organ of the commercial world. The following digest of railway law, as far as it is at present settled, will be found useful to all, who, having a become sub scribers to railway projects, are desirous of clearly understanding the exact legal position in which they stand. " 1. RIGHTS AND LIABILITIES OF ALLOTTEES IN ABAN DONED SCHEMES. " It is now clearly established that an allottee who has paid his deposit upon shares in a scheme which is abandoned without applying to Parliament, can recover back his deposit from the promoters of the scheme, without any deduction for preliminary expenses. Thus, where the promoters have failed to allot the requisite number of shares, or having allotted them, have aban doned the scheme without applying to Parliament, or have induced the public to apply for allotments by means of fraudulent representations, in all these cases the entire deposit may be recovered back, and the ex penses must fall upon the managers. In most of them the allottee may bring an action at law, or file a bill in Chancery, against any one of the promoters who has acted, or held himself out to the world as acting, in the formation and carrying out of the scheme. " The allottee of shares in such an abandoned scheme cannot be sued for the payment of the deposit, if he have not paid it, nor can he be compelled to contribute towards the payment of the debts and expenses which the promoter• have incurred. "2. RIGHTS AND LIABILITIES OF ALLOTTEES IN SCHEMES WHICH ARE NOT ABANDONED BY THE PROMOTERS. "The position of an allottee who applies for shares in a scheme which the projectors do not abandon, but carry out so far as by the prospectus they may have contracted to do, or so far as i the conduct of the allottees will enable them to do, is somewhat different to the po sition of those who have formed the subject of our first division. These allottees, if they make default, may probably be liable to an action to recover damages from them for the breach of their contract with the pro moters, or to a suit in Chancery for the double purpose of recovering the deposit, and enforcing the execution by them of the parliamentary contract and subscribers' agreement. "3. BIGHTS AND LIABILITIES OF ALLOTTEES IN SCLIEIVIES WHICH ARE REJECTED BY PARLIAMENT. " Before a scheme is brought into Parliament, the usual deeds are invariably signed by the allottees, and these deeds confer upon the promoters ample powers to carry on or abandon the scheme, and to pay all necessary expenses attending the same. Therefore, in cases where the promoters have done all that is necessary to place the merits of the scheme before Parliament, but Par liament rejects it, the allottees must submit to the terms of the deed they have signed ; and probably the only power they possess is that of checking the proinoters in any improper payment or dealing with the funds of the company. " But where the allottee has signed the usual deeds, but the proper number of shares are not subscribed, or auy fraud was practised upon him by the promoters, or the scheme is abandoned in an unauthorised manner, he will have the same remedies against the promoters as if no deed had been signed by him. " 4. RIGHTS AND LIABILITIES OF SCRIPHOLDERS. " A mere purchaser of scrip, or of letters of allotment, or of bankers' receipts, has no rights against, and in curs no liabilities to the promoters. If the scheme in which he has acquired an interest be abandoned, he must look to the party from whom he bought, and it is very doubtful whether he has any implied rights against him. The case of Thomson v. Sanders, which appears to establish such rights, is not relied upon by lawyers, although it has not yet been expressly overruled. It is, however, possible that the holder of these documents may have a right to use the name of the original allottee for the purpose of proceeding against the promoters, but there are many difficulties in the way of such a step, and the point has yet to be decided. " RIGHTS OF CREDITORS TO SUE THE PROMOTERS, EN GINEER, SOLICITOR, OR OTHER OFFICER OF A. SCHEME. " The creditors, like the allottees, may sue any of the promoters who has acted, or held himself out to the world as acting, in the formation and carrying out of the scheme. These parties constitute the company, or project, or scheme ; and each and all of them is or are liable for all debts properly incurred for the advance ment of the common design. " The engineer, solicitor, secretary, or other officer of the company, may, by their conduct, render themselves personally liable ; but the mere circumstance of their holding office in the company , that is to say, being the s er v ants of the company , cannot render them responsible for the debts of the company, their employers. " On the other hand, they have no power to bind the company by virtue of their offices alone ; such a power must be expressly conferred upon them. Therefore, the engineers' assistants, or the solicitors' clerks, or any other sub-contractors, cannot sue the projectors or com pany. If this were suffered the confusion it would cause would be indescribable. It would be just as absurd as to allow all a tailor's workmen to sue a cus tomer who had ordered a coat from their master for wages due to them from him for making the coat. "6. RIGHTS OF DIRECTORS OR PROMOTERS. "The directors or promoters may recover contribu tion from each other for all expenses connected with the scheme which they are called upon to pay. At law they may recover the proportionate part of each, with reference to the whole number of promoters, but with out any regard to the solvency of the others : thus, if there are ten, and one pays a debt, only a tenth can be recovered from each of the others ; but in equity an equal contribution can be enforced from all the solvent parties, without any regard to the original number of promoters. " The promoters are the parties with whom all the contracts connected with the scheme are entered into. They must all of them sue for any breach of contract on the part of allottees, engineers, or others. As the promoters are generally very numerous, and have in most cases undergone changes, it will be difficult to maintain proceedings on such contracts ; because the same parties must StPi with whom the contract was made, and the mere fact that one director is elected t. succeed another in a scheme which has no charter or Act of Parliament, will not give the party so appointed any power to sue upon his predecessors' contracts. hence appears the indiscretion of entering into con tracts by a general name of office, as ' Committee,' or Directors,' &c. It will be important for the future to have contracts with companies of this kind made with a certain numiser of persons as trustees. " After the A ct t is obtained, the directors have great and summary powers given to them to recover deposits from shareholders, and to act general in the affairs of the company, which will be found in the general and special Acts relating to the subject. They must, however, be careful not to exceed these powers. The recent Act for facilitating the dissolution of certain railway companies (9 and 10 Vic. c. 28), will also require attention, but we must reserve our notice of its provisions for a future paper." SIIiI3IONDS'S COLONIAL. The most valuable and unquestionably the most in teresting contribution in the Colonial for September, is a biography of "Baron Metcalfe." Although it occupies a sheet and a half, it is not a single sentence too long, and might have been very considerably ex tended without becoming wearisome to the readers of the magazine. The character of the late Governor- General of Canada appears to be tenderly regarded and earnestly esteemed, by the inhabitants of that gigantic colony. Mr. Leigh pursues his fiction about Australia, and Mr. Hooton his realities about Texas, with unabating liveliness. Unlike the generality of serials, their termination will only prove a source of regret. Vari ous o th er ar ti c l es , w ith th ese , b eg i n th e ninth volume admirably. THE FARMER'S MAGAZINE. A portrait and memoir of Mr. James Smith, of Deanston, form principal features in the present number ; and the latter should be attentively studied by the farmers of the United Kingdom. It may excite in them a very laudable spirit of emulat ion to strive for the improvement of agriculture ; and, by inference, to endeavour thereby to benefit in a sub stantial manner every individual member of the human family. The reports of the different clubs, societies, and lectureships, distributed through the country, are copiously and agreeably given. From the Review of the Corn Trade, we observe that the harvest is considered rather favourable than otherwise in regard to quantity; the quality is feared to have been injured by the late unsettled weather. The Farmer's Magazine speaks forcibly and emphatically upon the potato disease. All accounts coincide—it is universal this season. THE BELLE ASSEMBLES. A diversified and pleasant number. We could find many a prettier Donna Julia any day in Hanway street than the one in the frontispiece. POLITICAL DICTIONARY. Part XIV. Second Half, Seeing that the present number proceeds from the word " Transportation" to the word "Way," we may anticipate a speedy close to this most valuable dictionary. The work is evidently the result of very laborious research : it is rather a political encyclo pedia than a political dictionary. OLD ENGLAND'S WORTHIES. Part VIII. The frontispiece to this part is a clever representa tion of the famous monument to Milton, in St. Giles's Church, Cripplegate—that solemn monument so affecting in its exceeding simplicity : JoHN MILTON, Author of " Paradise Lost." Born, Dec. 1608. Died, Nov., 1674. Bright names appear before us on the accompanying illustration—Sir Mathew Hale, Andrew Marvell, J. Barrow, Hobbes, Samuel Butler, and Lord William Russell. If we are not amazingly mistaken, the names of the two latter are misplaced—Butler's name under the likeness of Lord W. Russell, Lord W. Russell's under the effigy of Butler. THE PICTORIAL GALLERY OF ARTS. Part XX. If only for that noble engraving from that noble " ancient bust of Homer"—the " blind old man of Scio's rocky isle "—this part is most valuable. Besides this, it presents us with copies of most of the masterpieces of sculpture from the Parthenon those glorious Elgia marbles which would alone render the British Museum a sacred edifice. The wonderful Theseus—the mira culous Iris—the marvellous head of one of the horses of Night " snorting the green billows from its nos trils"—that marvellous head which Foster declared to be the sublimest specimen of human ingenuity his eyes had ever beheld. COURT CIRCULAR. Her Majesty the Queen Dowager, and her Royal Highness the Princess of Prussia, attended by their re spective suites, left town at three o'clock yesterday afternoon, for Cassiobury Park, Herts. The Maid of Honour in Waiting, Earl llowe, and Mr. Bedford, were in attendance on the Queen Dowager; and the Countess Haack, Baron Witzleben, and Count Puckler, attended the Princess of Prussia. The august party left Marlborough House in three carriages for the Euston-square terminus, and travelled by tho London and North-Western Railway. Mr. Rennie had an interview with Earl Grey yester terday at the Colonial-office. Mr. John Thornton, Deputy Chairman of the Stamps and Taxes, had an interview with the Chancellor of the Exchequer yesterday in Downing-street. Mr. Hart Davis, Deputy Chairman of the Excise, had also an in terview yesterday with the Right Hon. Gentleman. Dispatches were sent off yesterday evening from the Colonial-office for the Governor-General of Canada. Dispatches were also sent off yesterday for the Gover • nors of the other North American Provinces. THE ROYAL CRUISE. HORDLE, WEDNESDAY MORNING.—Her Majesty and Prince Albert, in their yacht steamer, accompanied by the Garland, Fairy, and Black Eagle, in the order men tioned, passed Hurst Castle (where King Charles was confined previous to his execution) a little before nine A.M. They came down the Solent at a rapid pace, the sun bright, and the water smooth and silvery, the wind blowing fresh from the East. Hardly had the guns saluting her Majesty ceased sounding at Cowes, when the royal steamer had passed Hordle House, the resi dence and property of Dr. W. F. Chambers, her Ma jesty's physician, nearly 16 miles from Cowes. Soon after nine o'clock the steamers passed the Needle Rocks, the Garland gaining on the royal yacht, the Black Eagle in the rear. The course they were steering was towards the Channel Islands, and going about 12 knots, so that her Majesty might probably reach her Jersey subjects about five P.M., even sooner, as all the steamers had much canvass set, and by the smoke curling around them it appeared that the steam was well up. The Monarch steamer, H. White, master, passed the squadron, with her Majesty on board on Wednesday, at half-past four P. 11., between the islands of Sark and Jer sey. It would arrive in St. Aubin's-roads, Jersey, at about half-past six P.M. GIRLS' SCHOOL, CRIPPLEGATE WARD WITHOUT. A public examination of the children in this school was held yesterday; J. Challis, Esq., Alderman of the ward, in the chair; the Rev. Messrs. Austin and St. George examiners; before a large number of ladies and gentlemen. This proceeding was considered to be neces sary, in consequence of a statement made to the Lord Mayor by the parent of one of the witnesses against Smith, for the murder at the Guildhall Coffee House, as to the neglect and gross ignorance prevalent in the school. The children in the two first classes, num bering 75 out of 120, showed considerable proficiency in reading the Bible and Testament, and spelling, and an in timate knowlege of what they had read; it being declared by some present that the most expensive education could not have produced more satisfactory results. The remaining girls were divided into three classes, 'and evinced that much care had been bestowed on them, of which, with hardly an exception, they had largely availed themselves. The examination was continued in arithmetic, and the copy-books proved that the master who attends four days in the week has not been less diligent in his department than the mistress in hers; one of these, completed as far back as 1824, under the tuition of the latter, then the only instructress, caused much admiration, the writing being equal to anything produced at a first-rate boys' commercial academy. A resolution expressive of the satisfaction of the meeting to be transmitted to the Lord Mayor, was moved by a gentleman, who had attended in the fall per suasion that what had been stated was correct, but who was happy to perceive his error, was carried una nimously. Previously to voting thanks to the Chairman, a clergy man stated, that he had attended from reading the re port in question, but from long experience in the schools of his own parish, he was convinced not only that no foundation existed for it, but that no children could be found who read more distinctly, and with greater fluency than these had, and that too without preparation. After the proceedings had terminated the children were treated with a bun and a penny. CALEDONIAN ASYLUM.—The quarterly meeting of the members of this institution was held yesterday after noon, at the Scottish Hospital Crane-court, Fleet-street, J. A. Simpson, Esq. , presiding. Resolutions were adopted providing for improvement n connexion with the Asylum, and it was stated that in the course of a short time the boys would be introduced to her Majesty the Queen. A letter was read from the Duke of Buc cleuch congratulating the institution on its present free dom from discord and bitterness of spirit. The Court then adjourned. STRooD CATTLE FAlR.—This fair was held on Monday, at which 3,501 lambs were penned, and out of that number 2,696 were sold at an average of 225. 6d. to 235. For horses, cows, and calves, and pigs, there was little demand, although the supply was limited, the numbers being, horses, 42 ; cows and calves, 14 ; plgs,ll. THE NEW RAILWAY COMMISSIONERS. .116 Y the second clause of the Act just printed (9 and 10 Vie., 0. 105), the powers now vested in the Board of Trade re specting railways are to be transferred to e s w c fc 9 h a. t .. h o l the h e al T,:ras; missioners " from and after the day w specified in the London Gazctte as the dfthylcolizn said Commissioners s hall begin to act in euhti this Act."