The Sun. — London, England, 1852-04-22 00:00:00

THE GT3LO CURRENCY. TO THE EDITOR 01 , THE SUN. Sia,—l perceive by the Parliamentary notices in the public prints, that Colonel Thompson intends, on the 27th instant, to bring the question of the geld currency before the House of Commons, and to move a series of resolutions for the especial purpose of protect ing the fundholders against the consequences of the dogma so long maintained by themselves and their champion, the late Sir R. Peel, "that according to practice, according to law, according to the ancient monetary policy of this country, the meaning of a pound is neither more nor less than a certain definite quantity of gold with a mark upon it to de termine its weight and fineness," and that conse quently all obligations entered into with the public creditor can be discharged in no other way than by the payment to him of 5 dwts. 3 grs. of gold of standard fineness for each pound of debt or of dividend. As an old currency reformer, I need not say that I most heartily rejoice that the bullionists have at length, by any means, been brought to see and ac knowledge the truth upon this vital subject. It must be a bitter pill for them to have to make so unre served an admission of former error. At the same time, it is a great gratification to all those who, like ourselves, Sir, have been for so many years steadily maintaining the right amid the obloquy, the reproach, and the sneers of ;our interested opponents, to see that these men are now afraid of being held to their awn words, and would gladly take refuge in the very principle they have so long denounced-- namely, that corn or subsistence is the properstandard of value, not gold ; that, in the words of Adam Smith, " the revenue of a person to whom a guinea is paid does not so much consist in the price of gold as in what he can get for it," and that the fair interpretation of any bargain entered into with the fundholder is that he shall be paid the same value that he lent ; at the same time recognising, as Colonel Thompson does, in one of his proposed resolutions, that the real value can be ascertained by the applica tion of the principle of a corn rent. But, Sir, while I still heartily subscribe to this prin ciple so long contended for by the monetary reformers, and so tardily admitted by our opponents, and while I feel equally with Colonel Thompson "that the contract with the holders of the national securities ought to be sub stantially fulfilled," lam wterly at a loss to con ceive how the Gallant Colonel makes out that, on an equitable adustmeot, a balance of eight millions and a half is due to the fundholders, and I await with no little curiosity his exposition in the House of Com mons, by which be will have to support this aver ment. On the contrary, I believe the fundholder has been overpaid, not to the comparatively trifling amount of eight or ten millions, but to much More than twenty times that sum—that, in effect, the principal part of our national debt has been more than doubled by its mode of con traction, and by the changes in the currency effected by the Bills passed by Sir R. Peel and his confreres, the bullionists. If this be so, which I will endeavour to prove, it cannot be allowed that Colonel Thompson should, without remonstrance, endeavour even to substitute a good system of currency for the present wretched pretence of a system, upon a false plea; and that that which is a boon justly due to our greatly injured productive classes should be urgently demanded by him on the part of those who alone have been benefited, and that to a most prodigious extent, at the expense of all other classes of society. Let us by all Means have the improvements long suggested by us, and which our opponents now seem so anxious to con cede, but let us also clearly understand on whose pe culiar account, and for whose special behoof, these im_provements are imperatively required. I will now, Sir, proceed to the proof of what I have Previously advanced; that the principal part of our national debt—all that part arising from the prosecu tion of the last great war—has been more than doubled by the systems of currency and finance hitheito and at present prevailing. The national debt on the sth January, 1793, croounted to 238,231,2481., in addition to certain an nuities. From this period to the termination of the war, tY to the end of the year 1815, them was additional debt contracted to the amount of 999,592,1661., of Vaiola 284,581,7311. was afterwards redeemed by the sinking fund, leaving a net increase of debt con noted during these 23 years of 715,010,4351. Now, it 1 1 Ulla particular portion of the national debt to which re readers, in the first place to call the attention of your e n e ", and to ask them which is the party entitled to Plain of its mode of contraction, the national aitedito was is a u or the national debtor. „,.,:uPPosed by most people that this 715,010,435/ nieet - it il ly borrowed and received by the Govern ation ; but this is not the fact. There l' t ( h 7 t so much debt or stock created, but not did no a t m cont of money received. The Government tre ntea get 1001 of money for every 1001. debt con ', 4 * w They b o rro w ed in a much more scientffic mysteratiner"--ene much more calculated to keep up the Y and profundity of the Chancellor of the te ''.',"equer's o ffi ce . M oney , a t thi s ti me , w a s or di r ,;'Y Worth, for th e common p ur p oses o f busin es s, too, and it would have been simple, obvious, and unscientific a mode—one too palpable to the commonalty—to have crewed a stock Dearing that rate of interest, and to have got that stock subscribed for at par—that is, to have obtained 10 01 . money for every 1001 . of stock ., No, the principal pert w as borrowed in a 3 per cent. stock. Now, it is evident that money lenders would not lend money at 3 per cent. to the Government if they could in other channels make 6 p er cent. of it. They woul d not g i ve so muc h eforA a 3 per cent. a s they would for a 6 per cent. stock. :mad so they only paid 501. or 601, as the case might be, for each 100/. stock, while this 501. or 601. was Written down, as a debt against the country and to the cr edit of the fundholder, as 1001. Taking the aver of all the loans during these 23 years, 3 per cents., Per cents., and 5 per cents., I find from an extract Made from Marshall's Tables some time ago, that 173 4 of stock or debt was created for every 1001. thoney received by the Government; so that instead of 715 ,010,4351. having been actually borrowed and received, not more than 412,000,0001. was so re ceived by the Government and nation—the additional 30a millions being merely the necessary r e s u lt of b orrowing 501. or 60/, and writing it down as a debt of 100/. I know it will be argued, and with some degree of truth too, that the best bargain was made at the time- that was possible ; that the loans were sub 'bitted to public competition, and that the highest bidder obtained the loan ; that it made very little difference in contracting these loans whether two principal sums of 50/. each were borrowed, and 31. per annum interest paid for each, or one principal sum of 1001 . was borrowed, and 61. per annum paid for it. This is very true, applying it solely to the time when the loan s were contracted. B u t th e ev il i s , th a t t hi s moue o f high rat e of 13 money has entailed a comparatively interest for ever. The lo a n of capital has long sinc3e, fita4from 6,7, and 8 per cent. in terest to 2, a great raiasisre precliipers cent. ; but the nation is in cot from availing itself of this circumstance by th e imprudent bargain of writing itself down debtor of a for every 601. borrowed, and thus necessitating a t a h p aei/jaym i. ent of 100/. whenever it should find itself since off the loans. Had it not been for this unto°wairCillhyacillregcuuntance, the Government might ong great reduction in t h e t a. mount of the net m a d e a very ional debt. Reductions, certainly, have made,might but have to the extent to wbi h nothing of c they need have been carried. nad the money b ee ,. ns ° t ral`e h e l i s l e 4 4 0 6 0 per cent. stock, no more than 400 milli been borrowed instead of 700 millions ; and millions might have been gradually paid off` h „ Judicious Chancellor of the E xche q ue r by th e creati on a Of a new 3or 1- per cent. stock at par, which would have saved on the 400 millions s ome Bor 10 m i llions Per annum interest. By the pl an pursued, th e ori Rinal loan c on tractors or their successors and rep re : len tatives, the present fund h older s, have been secured lathe en j oyment o f a per p e tual high rate of interest for „ the original sum lent, so that the 501. or 601. first ft.nnoacribed is this day worth on the Stock Exchange 1 71 1 . This, as far as it goes, does not look very much "ge the fundholder having "on an equitable adjust cellist" a large balance due to him by the nation. On the contrary, it appears very strongly to indicate t hat _ c redit has been given him for a very much larger " 1 / 1 than he ever lent to the nation. li ut, Sir, this is only one portion of the matter in reation, and not, by an y means , the most important. have not yet touched upon the principle of the real and true value o f" th e poun d," w hi c h t h e bullion 813 seem now, for the first ti me , anx i ous t o t ran sfer o o m S dwts. 3 gra. of gold to a corn value. Col. Thouip thujie.ry properly acknowledges, in his 9th resolution, the pound" should be the representative of a r_ 1 ? quantity of corn, by providing that when wheat s i'L . uo!cl fall below a certain unstated price, Parliament currency, endeavour to remedy it by the issue of a paper w.f e aCY, so that 20 shillings, or the pound, should al of`Y__%i:tany rate, be or command a certain quantity s fi 'l l4 • The Honourable Member thus repudiates au ra. 3 gr& of gold as the true "pound" of account, resolution) that the contract with the fundholder (2nd and tu tion) ought to he substantially fulfilled, t 'u e _! this contract was (3rd resolution) to pay him the tea4Zalue received ; while the other resolutions go e nyt ral the principle of a corn rent, which, if it mean till at must mean that the fundholder is en hivve receive back as much corn as he lent. We no objection to widen this principle a edit deal 44 ( 1 to tle,l to s aY, that not only is the national cr enti ayers_e"oclich corn as be lent, but as much of an r applye sen t e d es ( I t 6 all other commodities as the money he lent it: the tune us e th r e e n P at the assertion " • q uestion and this principle to the subject what ground the fundholder has ildiuttiannt at:),),alrn,snce_, ion that he has not only not been over e' but due to him, " on an eTil , 't ' 41 3, 4 11t4de t d • he PPand " that was ti 2 e - Ur " the . Prillefing 'Pitt of this Mpg' . • it K •1 i SUN, THE period of twenty-three years was not a golden pound, it was the " one pound note" of the Bank of-Eng land, and the value of it was such, that tlanngh no corn-law existed, wheat sold in this currenoy,"On average of the whole period, for 803. perlararterior 10s. per bushel. The " one pound note' then 'was worth exactly two bushels of wheat, and tbis e if-you abolish the present gold pound and substitilte the principle of a corn pound, is the value to which the fundholder is entitled for each of th© pounds lent by him to the nation. Bat the fundhOlder has, for the last thirty years, been receiving a golden pound, which has on average given him at least 31 bushels of wheat for his pound, supposing wheat to have averaged 48s. or 50e. a quarter. There is no question then but that the fundholder has „been enormously overpaid if you adopt, without qualification, the corn rent principle now contended for by Colonel Thompson. And this overpayment will also strongly appear if, instead of taking the single article wheat as the standard, you take a general average of _all commodi ties. I have before me a list of 88 of the principal articles of commerce including all the cereals, wheat, rye, barley, and oats, with malt, hops, wool,, beef, pork—all the metals except gold and silver—foreign wines, alike, fruits, and spices ; oile tallow, timber, tea, sugar, hemp, flax, cotton, &c., &c., —in fact, almost everything that can be mentioned„ and I find that the value of the "pound" now received by the fundholder in dividends compared with that which he lent to the nation is as 156 to 100 in its power of purchasing these commodities. This increased pur chasing power of the pound is, I am convinced, very moderately stated at 156 to 100, and I think I read a short time ago in the Times a candid acknowledg ment that the purchasing power of a pound is now double what it was some 40 years ago, when the loans were contracted. Now, Sir, let us put these two financial operations together. First, the mode of contracting the loans, and, secondly, the alteration in the value of the pound itself, and I think we shall have no difficulty whatever in making out the assertion with which we started— that the principal part of the national debt, namely, all that part contracted during the last great war, has been more than doubled. I have not the tables now at hand to refer to, bu as some part of the debt has been paid off since the war terminated, I think it probable that not more than 550 willtons of the present debt was contracted since 1793. Taking it at that sum, as each 173/. of the debt only realized the nation 1001. in money, it followiihat the sum received was only 318,000,0001., and as each of these pounds was worth two bushels of wheat, it also follows, upon the principle of a corn. rent, that the gum borrowed was 636,000,000 bushels of wheat, or 79i million quarters. Tbis was the pre cise sum lent by the fundnolder, and is that which is now fairly due to him. Let us now, on the other band, see what has been made due to him by the alterations before mentioned. First, there are 550,000,0001. of stock worth 99 per cent. at least, this makes 544,500,0001. Secondly, each of these pounds, with wheat at 425. per quarter, being worth 3i bushels, it f o ll ows th a t the 544,500,000/. is equal to 2,041,875,000 bushels of wheat, or upwards of 255 millions of quarters, in ' stead of 79} millions of quarters. How, then, the Hon. Member can make ou t th a t th e f un dh o lders,C who can this day at their pleasure command 255 million quarters of wheat, or its equivalent, for the 79i million quarters lent, have been underpaid sur passes my utmost stretch of imagination to conceive. But, perhaps, it may be contended that we have for gotten altogether that 238 millions of the present debt were contracted prior to the period we have been speaking of—that this portion of the debt was con tracted in a gold equivalent currency ; and that from that time down to 1819, the dividends accruing from it were paid in the " one pound note" of the Bank of England, diminished in value as we have described, and that the underpayment on the one hand forms a fair set-off against the overpayment on the other. But not referring to the fact that the currency of that day, when there was a double standard of gold sod silver, was vastly different to the present cur rency, and not noticing the obvious fallacy that the payment •of the dividends on , 238 millions for twenty-three years is equal to the payment of the dividends'on 550 millions for 32 years, we take leave to affirm that the payment of interest in the pound of diminished value was no underpayment at at), and that the holders of the 238 millions of stock received as much as they had a right to receive. What was it that caused the pound to be of diminished value ? What lessened its purchasing power? Was it not the rise in the price of all commodities ? And what caused' tkis rise ? Was it not the great expenses of the war and the heavy taxes necessarily levied upon commodities to meet these expenses ? Was not everybody else compelled to pay 80s. for the quarter of wheat, and 1501. for 1001. on an average of all other commodities ? There was no diminution in the value of the pound other than that it purchased less commodities, because it permitted prices to rise high enough to embrace the taxes which were placed on them. The fundholder, then, had no more reason than atier one else to complain that his " pound " of dividend would not realise him as much of com modities as before. It was right that it should be so. Let the bullionies refer, on this point, to their own pet economist, Mr. M'Culloch, and he will tell them " that when taxes are laid upon commodities the prices of them must rise in a corresponding proportion." This mode, then, of balancing a monstrous and palpable overpayment by - an imaginary underpayment will not stand the test of a fair investigation ; and I must again confess myself fairly at a loss to imagine how the. Honourable Member will make good his sth resolution. I find, Sir, that this letter is extending to so great a length, that, though the subject is far from ex hausted, I must refrain from pursuing it any further, at least for the present. If Colonel Thompson has the interests of the fundholders much at heart, I would very respectfully suggest that it would be politic not to open up at to great a length the questions in volved in the first half-dozen of his resolutions, but confine himself to those latter ones, which would tend to promote a system of currency which would do jus tice to all classes, both creditors and debtors. These latter resolutions are an approximation to such a sys tem, and theugh we are startled at the idea of a completely incontrovertible currency, and one which has no other principle for its issues than the arbitrary dictum of Parliament upon evidence of the price of wheat, yet we doubt not that discussion would set all this right, and that we should, at length, be blessed with a currency which would properly develop, foster, and mature our indu s t r i a l capabilities, and give full play to the mighty energies and resources of our country, which have hitherto been so lamentably depressed by a cramped, a fitful, and a precarious monetary system.--I am, Sir, &c., EDWARD CAPPS. St. Mary's-road, Peckham, April 20, 1862. THE GREAT NATIONAL EXHIBITION AT CORK. The committee of this great national undertaking met again on Tuesday, at their rooms, Stephen's-green, Dublin; Lord Talbot do Ma!abide occupying the chair. The meeting was a numerous and highly influential one. After the transaction of some routine business, Mr. DEANS, the honorary secretary, read a letter from Mr.,C. P. Roney, enclosing a cbtque from Messrs. Briggs and Co., of Primrose -street, London, the largest oil merchants in the empire, and the contractors for the supply of oil to many of the lighthouses, &c., both in Eugland and Ireland; and a subscription of 5/ from Mr. ' Cherie's, Geach, M.P. He had received (es honorary secretary to the Dublin committee) free passes upon the Great Southern and Western, Dublin and Drogheda, Belfast Junction, and Ulster Railways. Availing him tisauls:cono mi relefdof this privilege, so liberally conceded, he bad pro d to Cork, so as to be present at the meeting of and of the meettee at Cork on Monday. On his arrival __!i rn ef a ltn.mediately inspected the Exhibition building, an uninterre iteutherill eharew' Z,7° ,1)::-silhby Mr . Beason and Sir Thomas Deane. c 7 p lu ti l o i l ti of ill e Was with the builoing, he had no con extent of the woiks already completed, tgdnifi.eenee of the building. It presented the from the entrance . to the end of transvereie g , ikry . , l, 32 o 251 ftet, - independent of the by roof-lights- of= ' feet hing. Both- halls to . be'lit proceedings of the ...._, He then gave an account of the pressed himself hi ;4l l °- coiximittee at Cork, and ex intelligence displ ayed bitaaitiftified with t h e zeal and the statistics of the space e‘ t e e member& lie produced which he had received- from' tlyfifrorded by the building, active chairman of the .arras e Thomas Hewitt, the availiable• area was 14,272 fel•ttneant committee. !rho ► rat the 12,341 feet; of this space nn more than 3 , 000 all specie remained for disposal, so numerous had be en f e et eew cations for space. bar:Deane then alludedntoththeelPPli" amount of subscriptions that had 'been re ce i ved f ir ge every quarter; and said that it was evidentlr em r b e - im . t is, and 'the number of applications. for space from 'aria - par exhibition would '• us parts of Ireland, that the . be, in eyery National Exhibition o f sense of the word, a Great ar ts, manufacture, and mater i als. ewes GRESHAM, Esq. and It w,ia proposed by TH . BRADY,Es q., "That the name of seconded by CHEYNE c l ) Mr. Roney be added h . ‘ll to the committee; " w u. was ac cordingly done. Many interesting topics were stated to the meeting, illustrative of the resources of Irelan d , an d 'of our the manufacturing enterprise, in which discussions _ N, thie Chairman, the Hon. J. P. Vereker, Messrs. Len- Wive, Deane, Brady, Gresham. &c., took part . LONDON; SPORTING NOTES. No. CC.X. ANALYSIS OF THE T WEN £Y-NINTH CHESTER CUP, Sze. TO THE EDITOR OF THE SUN. pia,--fo — my remarks ou the probable result of the race for the Two Thousand Guinea Stakes, Published yesterday, I- observed that Vortex would probably be the representative of Day's stable: that horse certainly may ruo, but-it is very unlikely. Father Thames being also a doubtful starter, Filius will be the great gun of the stable, as several persons connected with it sent out yesterday a communication to support him, which soon elevated him from eights to fours. In the absence of Hobble 'I feel inclined to consider it a very even affair between DANIEL O'RounsE and Fuaus; one or other, to my thinking, being the, certain winner of the great race of Tuesday next. - THE CHESTER CUP is now in its twenty-ninth year, having been ettabliabed in t 824, when the six years old Doge of Venice carried 9stl2lb and won cleverly. One of the curious circum stances attending this Handicap is the fact of its never having been won in more than two instances by a three years old', the heavy weighted class carrying it off year after year in Wonderful regularity up to 1842, when Alice Hawthorn cantered borne an easy , winner with 6st upon her back. From tbat period to the present time, with the exception of Corranna's Bst 91b in 1846, and St. Laurenee's 7st 101 b in 1847, the light weights have had it all their own way, and are likely to be in the as cendant again this year. `:This Handicap, decidedly the first one in importance nf, the year, has this time obtained the unprecedented number of one hundred and thirty acceptances, seven of :whom are•aged, four six years old, nineteen five years old, forty-eight four years old, and the remaining fifty two three years old. The last-named division are in immense force, and have but one rival of oily note to knock their class over. • A. TAYLOR has four animals in the acceptances—Clincher, Con fessor, Storyteller, and Water Lily. The first named, at 9st 31b,- is completely out of the race; Confessor, at a stone less,' is no better off; Story t eller is a wretched brute; and Water Lily, at the feather of 4st, would seem to be the pick of the basket. The winner, how. ever, will not be found in this lot. JOB MARSON has a trio—Nancy, Ehzs Middleton, and the High She. rift . Eliza Middleton will stop at home; the other two w►ll run. The mare, at 9st 11b, though strongly fancied by the public and the owner, is not at all attractive to me. I consider her winning to bet pretty nearly an im gstaiough I expect that her well-known game and speedy qualities will enable her to finish in - the trout. —.-pPrliaps in the third or fourth place—no nearer. The High Sheriff at sst 61b is more dangerous in my opinion than NaricY, if in first rate fettle on the day; his weight tew pounds too much, or I should take him at once'as a likely winner. He will run very forward. MURPHY'S trio, Russborough, his brother, and the Earl of War wick, will he intesented, I believe, by the first named; his weight, however (Sat 7113), will stand somewhat in the wstof victory, yet more apparently impossible things have taken place in this world than his winning. E. PARR - has half-a-dozen Cup nags in his stable, namely:—Moun tain, Deer, Black Doctor, John of Berwick, filly by Pan taloon, Richard_ Primer, and the Old English Oak. Of course, Mountain Deer or the Black Doctor will be the representative of tbe stable; which, I will not attempt to say; but this much I can state, that neither will win. JOHN DAY has tr couple only this year—Pitsford and Hothorpe, thelatter the representative of the stable, and a very dangerous ong_withal. His running last year was, to use a vulgar phrase," all my eye;" on this occasion, it not the absolute A 1, he will be in close contiguity to whatever may be the winner. He is in first-rate form and mischief is meant with him. W. SCOTT has Truth and Koh-i T noor in preparation, but which will run it is, imposaible to tell; I have but a very small opi nion of either for this bout. WADLOW'S string consists of. Alonzo, Candlewick, My Fancy, Lady Amyott,' and Barley Sugar. This is quite out of distance; - Candlewick is too stale; My Fancy carries some eight - pounds too much; Lady Amyott is in the same pickle, and, though knowing nothing of Barley Sugar, am not-by any means sweet upon her. __ESKRETT'S batch; though not very crack, is strong in number, and consists of Aphrodite, Payment, Harp, Heriot, Ingrati tude, and,Surprise. Ido not expect that we shall be surprised ..by seeing -a;: winner spring from this lot; the top weight, Aphrodite not being quite the thing, and the rest WO trashy 'to accomplish aught. JOHN SCOTT'S Backbiteri at 7st 121 b, won't do here Mr. Ferguson. PECK stands but little chirice this time, as he will have only a ,niuble with La Fiancie, Cossack having been scratched yesterday. • TOM DAWSON'S Sto M omprises ark-Tapley, Baby, Consolation, Cyclop s , tilton, Galvanism, and Burndale. It is expected that Stilton.will be the only runner, and at sst Bib, looking at his performance at Epsom, his chance would seem to be a very good one; but when it is taken into con .. sideration ofwhat little service his raking stride will be to him on the round-about course of the Ituodee, I am inclined to give the preference to one of his small corn- pact rivals, who are bur° to be more at home on a course of thi, Lature than a long-strithd animal; but as the stable are remarkably confident of pulling through with him, and as he will probably finish tortrard, I should advise his being held harmless. DILLY'S hopes ars centered in Scarecrow, Ariosto being a non starter. - The former at 4A 71b is a remarkably dim gerous looking animal, and, in my opinion, it' up to th. mark on the day, which he is said not to be now, will probably polish off most of his juvenile rivals. (To be continued.) I am, Sir, yours, Sat, THE SPIRIT OF THE TURF. April 22, 1852. _ SPORTING :INTELLIGENCE. YORK SPRING MEE rING.—WEDNESDAY. The Derby Trial Plate of 'lOO sovs., ,added to a Sweep stake of 10 sovs. each, for three yrs old; colts, Bst 71b; -Mlles, Bst 21b. One mile and a half. (12 Subs.) Eilr Monck's Gossamer (J. Manion) 1 Mr. J. Osborne's Lady Agnes (J. Osborne) 2 Mr. WerktwOrth's Hafed. (13timby) 3 Mr. Hick's Maid of Lincoln (Charlton) 0 Mr. Pedley's Conrad - (F. 'Marion) 0 Mr. Singleton's Dalton - (Templeman) (.Y Betting—,6 to 4 egst Gossamer and 7to 2 agst Conrad. Won in a canter'by_two lengths, half a length between second and third, We others beaten off. Run in 2 min. 46 sec. The York Spring Cup, of 1001., added to a Handicap of 10 sov;. each h - -A. One mile and a quarter. Mr. Morris's Vatioan , yrs, Bst 121 b (P. Butler) 1 Mr. Pcdley's Paquetta, 4 yrs, 6st 121 b (Charlton) 2 Mr. Barton's Calculator, 4 yrs, ist 51b...(G. Oates) 3 Lord Zetland'a Radulphus, aged, Bst 71b (J Marson) 0 Lord Derby's Iris, 4 yrs, Bst 31b (Holmes) 0 Mr. Allen's Saxon, 4 yrs, 6st 121 b (E. Harrison) 0 Mr. H. Walter's Agnes Wicktield, sst 81b (Carroll) 0 Betting-5 to 4 agst Tsquetta, 7to 2 agst Rachalphus and Calculator, 4 to,l-agst Agnes Wicklitld, and 7 to 1 agst Vatican: W by, a length, the same between second and third, the others beaten off. Run in 2 miu. 16 sec. The Tyro Handicap of 5 sovs. each, and 40 added, for two yrs old. Mr. H. Brown's Battlecap,Bst 31b (T. Dodd) 1 Mr. Bell's Anna Eliza, Bit 71b (Skeene) 2 Mr. Meiklare's Ads, sst (Lye) 3 Betting-7! to 4on Anna Eliza. Won by a length. Run in 52 secs. The Eglinton Stakes of 10 soya each, and 50 added for two yrs old; three quarters of a mile. (14 Subs.) Lord Derby's Longbow, 3 yrs (F. Butler) 1 Mr. John Osborne's Lady Agnes, 3 yrs (J. Osborne) 2 Mr. John Osborne's Ltimbton, 2 yrs (Wells) 3 Betting-4 ,to 1 nix Longbow. Won easy, Lambwn a bad third. Not timed. The Consolation Scramble of 50 soys., added to a Handicap Sweepstakes of 5 soya. each. T. Y. C. (4 Subs.) Mr. J. Osborne's The. Puritan 3 yrs, 6st 71b (Wells) 1 Mr. H. Walter's Agnes Wickfield, istl2lb (J.Osborne) 2 Mr. Martinson's View Halloo, 6 yrs, 9st...(Simpson) 3 Mr. Cook's The Red Lion, 3 yrs, Est . (Aldcroft) 4 Betting-6 to 4 agst View Halloo, 2to 1 agst Pu-, ritan, and S to I.agst A - gces Wickfield. Won by two lengths ; a head between the second and.third. - ' The - York - Hotel - Mate of 50 soya., added to a Sweep stakes of 5 _BOva.-each, for three yrs old, 7st I2lb ; four, 9st 21k; five. 9st 91b; six and aged, 9st 131 b ; mares and geldings allowed 31be. A winner this year OF 50 sots. tovarry 31b extra ; of two 50's or 100 (exclusive -of stake) slb extra. The winner to be sold for 200 soya. if demanded; and allowances if to be sold for leis. - :One mile. (5 Subs.) Mr. Me glans Cleveland 6st 21b (300 ...(Aldcroft) 1 lgrXosborne'sPriain theThird,6stl2lb(Bo/) (Osborne) 2 Mr. Smith's The-Shadow,3yra, sst 131b(301.) (Carroll) 3 Mr. Lanbaster's Killarney, 3yrs, 6st2lb (301) (Welk) 4 Betting-7'W 4 agst Killarney, 5 to 2 each agst Priam the Third and the Shadow. Won by half a length. - DE/IBY. 6 to 1--agst Hofibie Noble It to'l agst Augur—taken OAKS. 8 tIY 1 agst,Gossamer-10 to 1 taken. _ CIIESTEK CUP. The Use ng Stake s of 3 sovs. each, COssack is scratched. ROYiii, LLAMINGTON RACES.—TUESDAY. and 15 added, for three yrs old and upwards ; win ner t o b e so ld f or 504 &e. Two miles. (5 Subs.)', Mr. B. Dud's Mr. Oldhau.' e y ( Prospe c t, aged (151), ist 121 b (Lowe) 1 Brunett e , 4 rs3o/. Mr. D. OWen's Haruni S ), 7st 111 b (Crouch) 2 °aru m , 5 yrs (201), Bst llb 0 .aii.r. S. Ha j rdy's Little John 6 -, , . yra (301), Bst 91b 0 Mr E. S.lDaveriport iga, r, 5 yrs (30/), Bst 51b The faro rite won ea . sy by two lengths. of 5 sovs. each, 2 ft., and CITY o' Lowoox.—The three very ancient freehold dwell-, Subs., 4 of whom de 'ng-houses and premises, Nos. 11, 12, and 13, in Cornhill, ,r m t. e T e eamingto 7 a Il_and.79,_ l were absolutely sold by Messrs. Shuttleworth and Sons, on _ 2s _, ado. :Iwo_ Int4e. kl 0 the 161 h inst., at th® Auction Mart, for the Bum of 32,000/. - tonsil 4ivBB 4 (g& g h t ) 1 —equivalent (with reference to the site of ground occupied) to 40D,0001. per acre. it o 3 vs, Tat.. .. .. Mrc.laGre.dDieWea Cas ,3' 9 t 1b...... Mr. B. Laud% Q9' , *: * •....(11. May) 2 It bas been announced that the new iron screw .. ~, e h uqtateN-enspedo,4 Yrs 7et (Snaitt.) ' (;) Mr. W. Golliy , r'S FR* 4 o', aged , 831 . - ... .. (...I.tcher) 3 chip Chusan, *bleb has been built for the service between Singapore and Sydney on 'the bl.montbly Australian route Mr.Godua,ru t„ ' jiialr Ql l49 Plii 6 yra, 4st (01Iffe jun.) - 0 of the Peninsular and Oriental Company, will be despatched Mr. Volkl! a a ' _ , 7,0 t, ..,,,..„,:..(Johnston)-Izoltefl frora•Southampton for Sydney the 15th of May, calling at Mr. Bose'a Salop f .trn the Cape of'Qoodllape, Adelaide, and- Melbourne. —Het ca-'4, Betting-6 to *''figli h v a h ead. • Y• - - b 6dritAs, - to 1 agat' raz t ,h, and. pacity Is 700:tons, and she is intended tO only about .35 fait 1 3 t 9 1 opt cootellan • Won -, pui i 5 oocoucl WA pariMgmL. RV-ENING, APRIL 22, 1851 TIIURSDAY m The Hack St a k es of I S oy, each, with 5 added, one ile, wa s won i n two heats by Cerito, 9st (Lowe), beat. lag Pruden ce , l ist sth; TRIP Rua-er, li“ 51b; Hamm Scarum, 9st Ilb; and Little Peter Ilst Ilb. The Hurdl e S tskes of 2' SOW. each, end 10 added, two , miles; over five hurdles (9 Subs.); was won easily by Mr. Laud's Prospect, aged (151.), (J. Aslett), beating Cigar, Brunett e , Theßoarer, Kinaber, a nd Banker. The Beaten H and i cap was won by 'Good-for•Nothing, lOst 101 b, b eat i ng Mourn Scar um, others. um, lOst, Salop, llst, and ; ASCOT HEATH, 1852 Nominations for the Feruhill Stakes. Duke of Richmond's Stella, 2 yrs—Sir R. Pigott's Jsck the Giantkiller, 2 yrs—Mr. E. Batson's Kandidja, 3 yrs—Mr. Yarworth's Hoppicker, 3 yrs—Lord Exeter's Mountain Flowor, 3 —Mr. E. R. tack's Pl umstea d , 3 yrs —Duke of Rich mond's Harbin ger, 3 yrs--Mr. Helford's Peppermint , 3 yrs : _ Yrs—Mr. Howard's Vaultress , 2 yrs ' - Nominations for the Emperor of Russia's Plate. Kingsten,3 yrs—lndian Warrior, 3 yrs—Little Harry, 3 yrs—King of Oude,-5 yrs—Hobbie Noble, 3 yrs— Woolwich, 6 yrs—Alfred the Great 3 yrs—Ambrose, 3 yrs—Volti yrs—Teddington, 4 yrs--Russborough, 5 Deer, 4 yrs—Joe Miller, 3 yrs—Grey Tommy, geur, 5 yrs—His Grace, 3 yrs—Sally, 3 yrs—Mountain 3 yrs— levier; 4 yrs—Black aictor, 5 yrs—Stilton, 3 yrs—Ring °cello, 3 yrsPitsford, 5 yrs—Rache'e., shell, 5 yrs—Tornboy, 5 yrs. NE WMARKE r SECOND SPRING MEETING. 1852. Handicap for the Suffolk Stakes of 15 sous. each, 5 ft, if , . declared on Tuesday next. 1 Hernandez, 4 yrs, 9st—Otficious, 121b—Harbinger,5 yre, Bst 121b -3 yrs—Nut- Nutshell, 7 yrs, Bst 21 b—Dalcet, aged, 7st 131b—Grey lommy, 3 yrs, 7 6 t Fltrt,3 yrs, 7st 8113-14" --nook Knoll, 4 yrs, 7st 51b—St. Antonio, aged, 7st 31 b—Frantie, 3 yrs, 7st 31b—Houla kin, 3 yrs, 7st 21 b — Midas, 4 yrs, 7st 21b—Tophana, aged, 6st 12113—Patriot, aged, 6st 10113 —Gay Lass, 4 yrs, Est 101b—Poodle, 3 yr, 6st 81b—Grand Duchess, 3 yrs, Est 514— Greeng age, 3 yrs, 6qt 41b—Suttler, 3 yrs, 6st 2113—Young Hawthorn, 3 yrs, sst 121b —Hampton, 3 yrs, sst 101 b—Maria, 3 yr s , 5 sib —Hugo, 3 yrs, a 3 yrs, Tat 8113—. sst 81b. 1.)IRIT of the it ------ ;""--- 1.- ti lii-eIC J oURNALS. FROM THE MORNINGn PArEits OF THIS DAY. ES TIM.—No one ca rise from a perusal of the debate on Mr. liorsmarA motion for a commission of inquiry into the case of the Rev. Mr. Bennett with out a feeling of painful hate and something like a conviction that we are unprovided with the machinery rest f required to.preserve the jotegrity of the doctrine and teaching of the Church of land. We have Enar ticles, symbols, and canons, sud s assuredly. 9 " not unprovided with s ecclesiasticali courts , are counted by hundreds. have an episcopal form of Government, and a Legislature,Wet a whose numbers the great majority of which is composed of me mbers of the national nar s Church, yet all these safeg insufficient to preserve the purity of the faith and to prevent the occupation of the high places and the appropriation of the revenues Of the Church by per sons holding those very doctrines which she is most anxious to . oppose. The statement Mr. Horsman produced, as it was well calculated to do, a great of te impression - on the House of Commons, for it showed by proofs, whose cogency refutation, that a clergyman holding hardly admits of almost every doctrine of the Church of Rollie, and those in a form more exaggerated than Catholics themselves, can, after his sincere tel:Wei:l6es have Roman been fully brought to light, be transferred from one diocese to another, and compensated for episcopal cen sure in the first by honour, patronage' and preferment in the second. It showed, also, a lamentable want of uniformity and consistency in the governors of the Church, and seemed.to threaten the teaching with im punity of as many different creeds as the t country has no been divided into dioceses. We aredisposed to underrate the grave nature of these apprehensions, nor to deny that the prevalence of dissent the Church is an evil of less without m agnitude than one anarchy within. Still there is consideration which may naturally tend to allay thesefeelings, that is, that th e promotion of Mr. Bennett and to _the living of Fr ome cou ld Dever have oc curred without very grave and serious misconduct on the part of almost every one i n an y way connected with the trims action. In a bank, or any other mercantile establish ment,, no can check which human ingenuitydevise is so perfect that it cannot be defeated or rendered nu gatory by a c onsp i racy a mong all the persons to whom find its working i s i ntrus t e d. If, then, we diet it required a dereliction of duty on the less than s i x persons to ena bl e Mr. toßennjt art abuse ofno andh personate the -character of a clergyman h of t e Protestant Church of England, as be un doubtedly done, we may fairly conclude that,ash ever deficient our ecclesiastical law may be pro vidingow- remedies, it has been by no means n barren in precautions. In the first place, the law required certificate of no less than tbree clergymen to a t the ment which they must have known to be untrues howafte .could they certify that Mr. Bennett had ~ 11 held, written, or thought nothing a gainst the doctrine ° ' , discipline of the Church of England " , when they knew that he had been compelled to resign his living for a wilful breach of discipline, which, although ad monished, b e re f use d to correct, and answered for his conduct during his residence at Kissingen, which they either did n o t t a k e th e trouble to ascertain, or, if i they did, wilf u lly misrepresented I But the authors of the Canons contemplated apparently e found that clergymen m i g h t b to isign a false certificate of ch a r ac t er, and therefore devised a check by requiring the signature w of the bishop whose . diocese the clergyman leaving, to authenticate his "honesty and ability, as and his conformity to the enclesialtical laws of the ofr Church of England." This signature the Bishop doing Jendon, we are informed, re fused to give, and in sdischarged his duty with consistency and propriet y. o We wish we could find any wand which would just i fy our expressing similar ofinion with reference Bath and Wells. to the conduct of the Bishop of infirm health, but itis Somethinge ffie may fairly be conceded to impossible to separate the exer cise of an important e from the responsibility it in veins. The Bishop of Bath and Wells knew that Mr. Bennett did not bring from his former bishop svith hi m th e recomme ndation which the Canons require, and he knew that recommendation could not be given, because Mr. Bennett had been virtually dismissed from his former benefice for unfaithfulness to the Church and unwillingness to compl y with eccl es i as ti ca l di s cipline. at Frome, as most distasteful to the pa rishionersfrom his published Writingsand was furnisned with extracts which might well have startled the consci ence of a case so notorious ho mi ght, any Protestant bishop ; and in and doubtless could, have ascertained in what manner Mr. Bennett's time had been spent during hi s intrusted the duty of continental tour. To him was episcopal order by Paying to the d.'cision of tbe one court of competent • respectful consideration which judgments of another. Jr e isdiction usually shows to the moderate the abuse of private was interposed by the law to pariihioners of From() fromate patronage and protect the discord resulting the spiritual injury and tem porala clergyman in whom from the intrusion upon thorn of have confidence, and theyWh could not, and ought not, to to reject. Never did whose ministry they were bound point _out the proper l. Important duties combine to Christian bishop called nine of action. Never was a and justice in a ease more el pon for an exercise of firmness needless to say how these ear -and more urgent. It is dis charged, or how completely duties were_met and triumphed over that of i i the- cause of the patroness Another person whom , e, people and the Church. of blame is the Lade p " is impossible to acquit it that the iaw, by emo,a.troness herself. We take property, did not mean to-4ing an advowson private those duties which toe w.release the owner from plies, and we are q u i te s ' u t u r re of the property im it could not do so. There is e that if it meant this duty of the bishop to see en t f a trust which it is the neglect his duty loses none of itorced, but wh ic h if he exercise the awful responsibilitya binding obligation, to per son to whose care the souls or thousands of appointing the ignorant persons are committed, thousands of poor and not only to the opinions of the with a careful reference of the flock. Grantieg that p atron but to the interests the patroness coincide with hose religious opinions of was bound to think not merely of el her presentee, she for whom she was acting, and to herself, but of those her lay the danger of schism andavdnid as much as in appointment like that of Mr. Bennett duce. which an duce. But what shall we say of was sure to pro sett? Belonging as be undoubted) —l.. Bennett him and feeling to one. Church, how o a' does in spirit recipient of the patronage and he to be the emoluments of aother ? can a clerg hi n How s time in the scciety of Re run y nn a ri who passes' Catholic priests, who frequents their places of worship and to the exclusion of thos e of the & I in preference arch to which he nominally and occasionally conforms, care of a Protestant congregation, subscribe Protestant Articles, or submit to - the -rule of ap r a m otestant episcoz pate? Such conduct presuppo s es which we trust is rare, and which the recent obliquity tit secession of so - many clergymen, holding simila r °PininnB Church of Rome shows at any ra te not to be to the universal)y connected with them. - It the refor e appears that,without grave misconduct on the part of the patron,„ , the re commending clergy, the bishop , and the incumbent, 1 present scandal could not„h ave tak en place, and the and that it is not by the default of one or two p ersons that it can be repeated. This is some co mfor t , and we trust that . the friendly inquiry which we are promi se d o may end in d the suggestion of some course which may reason to the justly irritated feelings of the p e ople of Frome, an d if it cannot restore that confidence in the discretion of the bishop and the sincerity and orthodoxy of the in cumbent which the present exposure has done to destroy, may prevent the re curren ce of a similar much evil. , e . DAILY NEWS.—In sufferin p a numerical defeat on his motion for a public inquiry into the a i m , ' Bennett mstancea attending the institution of the Rev. J. W. the benefice of Frame Selwood, Mr. nersesa to a n, has substantially gained another success. For, in public inquiry, three Cabinet Ministers (two ~, of th v e erting Se cretaries of State) have undertaken, wit... the f o ll m an entire approbation of the 1101:150 of. Commons, to sub - - lute a triendly investigation; and the Chancellor of SLi the Exchequer has admitted that, assunaing the facts for to be as represented and the law to afford no remedy ... the intrubion of maeini , nowl oi st priest on a Protestant' or souls, legislation must provide one. And What cure , r are the facts of the ease?' In 1t3 43- the Bish op of- Pndon d though warned that - 11it • sannett held -opini on ' p'ublishe-cl doctrines ' .offensive and . " Id ha more any contained in on “ Tracts for the Times '' linstituted MADEMOISELLE JOANNA WAGNER. The vexed question" about the theatre in which this much-talked-of artist is to appear in London has been ultimately settled in favour of the Royal Italian Opera. Since this fact was made public, however, a statement has appeared in the columns of a contempo rary, which accuses Mademoiselle Wegner of what may be termed, in legal phraseology, " sharp practice," iu her transactions with the director of Her alujesty's Theatre. In refutation of this charge, Herr Albert Wagner, father of the singer, has addressed us a letter, much too long for publication, the gist of which, how ever, may be brik fly stated. Herr Wagner declares that the director of the Royal Italian Opera, as early as 1850, made several propositions to his daughter Mademoiselle Wagner, which her continental engagements prevented her from accepting, and that in the autumn of last year these propositions were renewed, but, that owing to circumstances wholly uninteresting to the public., Made moiselle Wagner was induced to give the preference to Her Majesty's Theatre, with the director of which establishment she signed a treaty for the present season. Herr Wagner further states, that in the eourse of last month, his daughter re ceived several letters from the director of the Royal Italian Opera, to which, considering her self bound to the other theatre, she did not reply. An important stipulation, however, in the engagement with Her Majesty's Theatre, which was to have beeu carried out on the 15th of March, not having bees fulfilled, Mdlle. Wagner, on the sth of the present month, regarding the old contract as null and void, concluded a new one with the director of the Royal Italian Opera. The object of Herr Wagner's letter is to defend his daughter, who throughout acted under the advice of himself and her moat intimate friends, from the charge of having acted inconsiderately towards the director of the theatre for which she signed her first treaty. Instead of one day between the date agreed upon for the fulfil ment of the stipulation alluded to and its absolute tender by an authorised agent of Her Majesty's T hea e re e s e re, had Wagner' states that not less than fo elapsed before Mademoiselle Wagner sigunredv.iaeco7nthtraocit with the rival establishment —althoug h, n d the. April, a formal notice had been t director of Her Majesty's Theatre, in sin° tt h e i d ch t Al ° erencefsorarmednlloe.t Wagner declared that she considered herself no longer bound to that establishment. These differences matters of general interest, and the beet we)! Wagner to sustain her reputation is England is to sing so well that she may p lease the London public a s much as she has already pleas ed that of Berlin, Vienna, and other continental cities.Tinies. --- _--.•,•_—_—____ e( flsbaexrte, FRENCH PLATS, T. AM ES'S THEATRE.--Her the Queen and his Ro h y n a e lH p i r g i h n n ce es L s Prince opo ld ) A accompanied by his Serene nigss Coburg and Gotha, and attended by the Countess of Desart, Lord Talbot, Lord Colville, and Colonel Seymour, honoured thcperformances with their presence i ' et eve ning. There were also present —The D uchess of Sutherland and Lady Constance Gower, Lord Robert Grosvenor, the Marquis of Normanby, the Marchioness of Downshire, the Earl of Ches terfield, the Earl of Granville, Lord N orthampton, Lord Canning, Lord and Lady Ashburton, the Countess of Walde grave, Lady Bulwer, the Countess de Elahault, Sir Michael Shaw Stewart, Sir William Clay, Colonel Meyrick, Captain Ryder Burton; Mr. and Mrs. John Stanley, Captain Lyon, Mrs. Milner Gibson, Mr. A. Klotn, iv, • Wyndham, Mr Le vesou Gower, Colonel Macalpine. THE BELGIAN TREATY.—Yesterday the treaty of commerce and navigation between her Majesty and the King . ratified on.th_e 7th • of the Belgians,. . . instant, was issued from the Parliamentary printing-office. The treaty contains 20 articles, and is accomp anied b y an additional article, a de chiration, and en article . explanat ory of the latter. see_ Mr. Bennett to the benefice of St. Paul's, Knightsbridge. LYNCH LAW IN CHELSEA. The con sequences of that institution were that those opi- During yesterday and the two pie cedtng days great Mons and doctrines of which the Bishop bad timely warn- excitement has prevailed in the neighbourhood of Chef log were spread and propagated by Mr. Bennett and hi s sea t ie d Brocapt m, in consequence of a series of cutreges curates in the most ieflaential and powerful parish of having been committed by a mob of persons, to the London step by step Mr. Bennett advanced in number of several hundreds, which have resulted in a the practices and teaching of whet he would call the con s id e r a ble destruction of property. It appears that a church universal, but of what we know to be that cam- few days ago a report was circulated that a woman munion of Rome from which the people and Church of n ame d Sa r ah Cox, living in Green-street, Marlbo- England separated three centuries ago, establishing, as rough-road, bad put her child, a little girl eight years every nation or body in a nation has a right to, a old, upon the fire, and burnt her to death. This state- Church of its own;—that monastic institutions were ment was generally believed, as it was known in the troduced into Belgravia, carrying (as in Miss Law's neighbourhood that the child had for a lengthened period case) dismay and bitter grief into the bosom of families; been id-treated by her mother, who, in addition to —that a church, St. Barnabas, was erected to cele- beating her, is said to have locked her up in a room brate and extend thews successes;--thet so papistical for fitteen or sixteen hours in the coldest days were its services that a mob rose against it;—and that of winter, without either food or fire. An inquest the Bishop of London, yielding to the influence of po- was held on the body, at which the medical evi pular tumults, compelled Mr. Bennett, in 1850, after 'dence was to the effect that the child died from the seven, years' en d urance o f his unfaithfulness, to effects of fire, but as it origin could not be ascertained, resign all his preferments in the diocese of London. the jury re t urne d an open ver di ct . Thi s did not satisfy Meanwhile Mr. Bennett had printed forms the neighbours, who seem eo have been convinced that of prayers, published books, and issued sermons, in the mother was guilty of murdering the child, and which he defended all his acts and opinions; justi- therefore they determined to take the law into their own flying auricular confession, i ntercess i on t o saints, the au- hands. thorThe funeral was arranged to take place at St. thorny of the Ch urch so.calied universal over human Luke's Church o n Monday afternoon. At the hour ap conscience, repudi at i ng and a bj uring Protestantism, and pointed for the procession to leave the house, many denying that Chrisriaeity could b e p ro p aga t e d merely hundreds of persons assembled round it, who vowed they by the agency of th e Holy Scriptures. The universal would tear the woman to pieces if they could lay handa feeling of society—uncorrupted by such teaching—was, upon her. A messenger was sent to the police on Mr. Bennett's res i gnation, thankfulness for having, station, and a number of constables secretl arr y ived at the house. however lately or discredit a bly, got r id of him. His The procession left the house, and immediately the friends subscribed money f or hi m an d h e went abroad. crowd, which had greatly increased in fury, set up a He appears to have rested chiefly in Roman Catholic frightful shrieking and hooting, following up that show countries; at Kissingen, in Bav a ri a , an d at Rome. What of their indignation by hurling showers of large stones, he did at the latter is not known; but at Kissingen he mud, and filth at the mother with great violence. Se daily attended mass, and consorted with friars and priests. viral of the stones struck her in the face and on the In doing so he only acted on the rule laid down by Dr. head, and her clothes were covered with mud. The mob Phillpotts at the Synod of Exeter, and published to the who followed the coffin all the way to the churchyard, world in its acts, viz., that in countries where hooting, shrieking, and throwing atones like so many there is a branch of " the Church' Catholic," mad people, endeavoured several times to seize her, and however erring and corrupt, there only can a Chris- had it not been for ten or twelve policemen who sur tian worship; —a strict logical deduction from the rounded her, she would most certainly have been seri premise that there is ou earth a Church uuiver- sandy injured. The officers urged the mob to allow the sal, having a sacrificial and mediatorial priesthood. coffin to be taken quietly to the grave, but they refused Amongst the persons of eminence and power perverted t listen. At length. after considerable difficulty, the and led away by Mr. Bennett's system was the patroness churchyard was reached, and there the scene was one of Frume Selwood; and that benefice becoming va of a fearful description. The mob now amounted to up cant, she, an amiable and excellent but most deluded wards of a thousand persons, all of whom were shout woman, presented Mr. Bennett to the Bishop of the ing and throwing stones, and the uproar became so diocese, that he, as Ordinary, might institute Mr. Ben- great that not a word of the burial service could be heard. nett thereto. The parishioners remonstrated; but her The clergyman had at last to desist, and make the best reply was, that the act was by her irrevocable. They of his way from the spot. The mob then again endea turned to the Bishop for protection; he listened at first voured to get possession of the woman; and had it not to their complaint s; but they persisting in their objet- been for the most st renu o us exer ti ons o f th e p o li ce , s h e tions, he instituted Mr. Bennett and closed all correspon- would have been trampled to death. The return from deem with The first remark in this star, or Nett the church was of a more uproarious - character; but the relates to the conduct of the Bishop. In England alone, woman, under the protection of the police, managed to of countries possessing an established church of the get into her house, and the doors were fastened. The Protestant communion, the parishioners have no voice in, mob then took up a position in front, where they re or veto on, the appointment of their minister. And the mained until a late hour, thinking the woman would reason assigned why they have not such a power is, make her appearance. During the night she and her that it has been reposed in their bishops to friends made their escape from the house, after having be exercised by those officers of the church on their packed up all their goods and filled a waggon with them, behalf. In the constitution, of the English Church, which they had managed to persuade a carman in the the bishops are interposed between the full exercise neighbourhood to bring. The goods were taken with of the tight of patronage by its owner and the people the waggon to a stable for the rest of the night, in or ffected by the exercise. The power of th e p atron i s, d er that hey might he conveyed away in the morning. e therefore, a qualified one; the bishop for sufficient rests Before, however, that was done the mob again assembled, sons can defeat its exercise; and those reasons are to be and hearing that the woman had fled, their rage knew no grounded by the bishop on his regard for the cure of the bounds. Being told that the goods were in the neigh parishioners' souls, in conformity with the articles, fur- bourhood, they determined upon finding and destroying mularies, and teaching of the Established . Church. I t t h em. The wk•ggon was met in the street, and the work results then from these premises, that in the Bishop of of destruction commenced. M a h ogan y ta bl es , d rawers , Bath and Wells the Church has a prelate who regard s and bedsteads were broken into a thousand pieces; beds the Romanist outcast of the diocese of London, the man cut open and feathers and flocks thrown into the road; who there held and taught all Roman d oc trine, a nd t h e china and looking-glasses smashed, and every article hi ei daily at Kis- destroyed. The police interfered, but (nearly twelve o'clock on Tuesday traveller who subsequently wors pp . t night ) h t the cwraosw upwards p a w t a t r h d i s s singen in a mass house, as a proper incumbent of the parish- of five thousand persons, and their Frome. The theory of bishops protecti n gefforts o weerhee P does availing. The mob then again repaired un- Loners against an improper exercise of patronage i I the main thinking the woman was in the neighbourhood. T u ti b e e, oot, it is ileac clar, work here. And what is . r h e i a en y ere in the remained there nearly all night and began again to s y question 11.11"9 the episcopate eemble yesterday morning, and to increase daring the entertain century—when it is laitynotorious day; and last night a large mob was endeavourin g to find entertain generally pretensions which the as a body protection the object of their hatred, whom they vowed - they would repudiate and reject—to have no further than their Ordinary' s weakness or firmness. And the murder if she was to be found. value of a public inquiry into the Frome case, as pro posed by Mr. Horsman, would have been inestimable, as throwing light on the manner in which episcopal control colludes.with the power of patronage to force on n parishes ministers a ga i nst w hom the soundest objections exist. For the other circumstances connected with Mr. Bennett's institution prove that the forms, certificates, and requirements of the thirty-eight and forty-ninth Canons (to which we long ago directed attention, as bearing on this ease), afford very slender protection to parishioners in the present state of the Church. Mr. Bennett, though drummed out of the diocese of London, was at once able to get a certificate of three of its bene ficed clergy that he was a faithful minister of the Church; and this certificate the Bishop of Loudon, who had forced him out of his diocese, so indorsed as enabled the Bishop of Bath and Wells to deem that those canons had been complied with. Hence it is apparent, that where two bishops are willing, nothing is easier than to elude the protection intended to be given to the laity by those two canons. What, therefore, is wanted are either some means of restricting episcopal authority in this respect, or of reposing some power of self-protection in parishioners themselves. Secretary Sir John Pekington stated (without showing) that in this matter the Bishop of Lon don's conduct had been blameless; and Mr. Horsusen said the report was that the Bishop had endorsed the certificate of his three beneficed clergy that Mr. Bennett had, during the last three years he was in the diocese, been a taithful minister of the Chat eh, to the effect that their :dnk:ores were genuine only. But the practice under the 49 , h Canon, is for a bishop to require of his presentee a Gene decessit of his last ordinary. Did Mr. Bennett carry to Weds such a document from Fulham? And if not, why did Dr. Begot, in this ease, w here the parishioners had remonstrated, dispense with that docu ment? There is, in the discussion, a hiatus here, which Dr. Blomfield ought, in mercy to his own reputation, to supply. Noth'otr in Mr. Hursmau's speech was more admirable than its comprehensive spirit; he never once infringed on the principles of toleration. The Church has always been accustomed to boast of her comprehensive action; and it used to be said of her, that she had a Cal vinistic creed and an Arminian clergy. But those very words indicate the circle of her comprehension: it has li mits; and the complaint against Mr. Bennett is not merely that he exceeded, but that, in exceeding, he attempted wholly to destroy those limits. High church men and low church meiN the church can well entertain; and it will be an evil day for the Establishment when it is ex clusively possessed by any one of the several sects that now find a home in its folds. But resting within those bounds, all its members must respect the tenure of its existence; recognise the Parliamentary action which gave it birth; admit the power of the Legislature to withdraw what it has given. They must not, protected in the Church, by the State's authority, conspire to over throw the power of the State, and to elevate the Church to a position independent of, if not co-equal in i ts own sphere with, the State; they must not propound views of a priesthood otherwise than the Church has provided, functionary only, not mediatorial; and they must not, as the Bishops did in this case, stand aloof, as if the House of Commons were acting ultra vires in presuming to inquire into the ecclesiastical grievances of the people. For therein the limits of comprehension will have been passed, and those of priestly aggression have been en tered on. PRICES OF WHEAT, FLOUR, AND BREAD, IN LONDON . AND PARIS. AnnexA is a comparison of the preseht prices of wheat, fl air, and bread, in London and Paris:— The highest pric e o f w h eat o f the first quality i n P ar i s is 29r. pfr 1 hectili're, which is equal to 445. 3d. per quarter; and the highest price of white wheat of the first quality iu London being 483. per quarter, it follows that wheat is nearly 8} per cent. dearer in London than in Paris. The highest quotation of flour of the first quality in Paris is 351. 15c. the 130 kilogrammes, which is equal to 355. 23. per sack, of 2801 b. Euglish; and the highest quotation of flour in the London market being 40s. the sack, it follows that flour is about 133- per cent. dearer in London than in Paris. The highest quotation of the second quality of white flour in Paris is 32f. 50c., which is equivalent to 325. 6d. per sack of 2801 b., and which, its compared with the quotation in London of 30s. for household flour, shows that this description of flour is nearly 8i per cent. dearer in Paris than in London. The price of bread of the first quality in Paris is 31c. per kilogramme, which is equal to about 51d. the 41b. loaf, English weight; and the price of bread in London at the full-priced shops being 7d. per 41b., it follows that bread is about 334 per cent. dearer in London than in Paris. The sec.nd quality of bread is quoted at 24 cents, per kilogramme in Paris, which is equivalent to nearly 4d. per 41b. loaf. LONDON WEDNESDAY COACERTS. The fourth of these popular entertainments souk place last eight at Exeter-hall, and drew a crowded audience. The principal feature was the first appearance of Ma demoiselle Jetty Tretrz in London since the winter of 1850. This great public favourite has lost none of those qualities to which she owes her reputation as one of the most perfect singers in her peculiar line. Her voice,' one of the sweetest of mezzo-sopranos, while re taining all its freshness, has increased in power and volume. Mademoiselle Treffz sang five times, being en cored in two out of three of her tongs. Her reception was highly flattering. She first sang the exquisite lied of Mozart. " Vergess mein nicht," with touching sim plicity. Being compelled, by unanimous desire to re turn to the orchestra, Mademoiselle Treffz, instead of re; peating Mozart's ballad, sang another by Mendelssohn, `• Gruss" (O Greeting"), equally charming in its way. Tom Moore's genuine balled of "Love's Young Dream," which Nlaiemoiselle Treffz sang in English, •without a single ornament, but with a grace unstudied that gave the fullest expression to the melody, was even more suc cessfuL When recalled she repeated it, to the general satisfaction of the audience. Her last performance was a new lied, by Kucken (known in English as " Come, .sweet Maid"), which, while far more elegant, promisee to rival in popularity the familiar " Trab, trab, trab," of the same prolific author. This, although it came late in the evening, was not less charmingly sung, and not less warmly-applauded than the, others. Mademoiselle Treffz was accompanied on the pianoforte by M. Adolfe Sereimun, in a tasteful and musician-like manner. Among the other prominent features of the programme were solos on the double-bass, violin, and oboe, by Signors I3ottesiei, and &curl, and M. Lavigne, all of which were eminently successful. That of Signor Sivori, the " Car nival de Venise," was encored, and Pagennint'e varia tions on " Nei nor pin " substituted in its place. The veteran Braham was in all his glory; and in the famous war song, " Scots wha has," showed that the fire within him still burnt ardently. He was encored both in this and in the " Old English Gentleman," which, in his hands, as a specimen of the familiar " table song,xic(ann. hardly be surpassed. The Misses Brougham sahoeg tunic] de!ss.hn's beautiful duet, " 0, wert thou in blast," with the lemost taste and feeling . gave Bishop's `• Should he upbraid," with hi hl suc greatfilisstS:abnbeifacth. lo g es arise," y e n e e s s s s tu a l u i d n afenceilwitys.paMnisishs slieroesneadßei,ah,.asmw. weeats and Mis s , . J c a o c w o lees sadsiiow s howed y much my' promise rri hflowes ei d gr e sn r . :all signal," ballad, Reichert, the talented German te ,, n , or, sang . several e S n hie o l r d e 's best ballads, was similiarly complimented; and piecces,dt.heMmr.osGteeprogpeulTaredodfewr,hiinch•t The There," one , f Miss Alleyne, who bids dtatlogl►shed to become one of our ablest the flute obligato or which was played ig in the air tu, M• Reueueet, principal flautist at concert singers, distinguished h . erself h . hl y from Handers Add and Galatea, 44 H ush Theatre. f M . Avolecxala overturesltiad u re s i ye pretty warbling choir," t c:o l n z i i eatt'lhnpeieleli(aainlened aarbtSitytth,herseud the band, well directed in first-rate style her Mejest)'s Herr Anseheez, played by • w Pl i n th k the cheval de Bronze. h d is thegr accu stomedeater i) scorron CENTRA. RA ILWAY.....TrafEc for the Week endin g April 18, 180..) : passengers (9,434), parcels, horses, and carriages . Goods, cattle, &c. ... X 993 4 8 1,(1+)7 16 5 Momm ...• 1 Total .. .. 2,001 1 Corresponding week in last year... 1,731 8 8 Perth, April 20. 1852. SHORT WEIGHT.—YeSteFdIy at the S Y. e ession - house, at Newington, the following persons were convicted of using short weights and measures :—Thomas Mansell, of the Albany-road, Camberwell, fruiterer, 21a, for three weights against the purchaser. Henry Merritt, of Pomeroy- Street, Old Rent -road, chandler, 355. and 6s. costa, seven weights wrong. James Cattan, Manor-street, Kent-road, 10s., a weight very wrong. -- Chambers, greengrocer, living in the same neighbourhood, 105., for deficient weight. John Gatobee, greengrocer, St oc k we ll -street, Kent-road, sixteen weights against the buyer. William Denyer, Old Kent -road, cheesemonger, 15s. for a similar offence. Wm. Joseph Crayw o od, John-street, ' Christ Church, chandler, ss. Matthew Day, two weights and a weighing-machine against the buyer; this person lives in Upper Ground-street, Christ- Church ; the chairman told him that this was too serious a case to be passed over, and he must pay 20s. and 6s. costs. Daniel Pitman, Upper Ground -street, chandler, 205., nine weights, having a balance against the purchaser. James Uwin, Janes-street, Christ Church, 55., a weight wrong. THEATRICALS IN CALIFORNIA.—It appears from the following statements which are made in private corre spondence from San Francisco, that the theatrical profession is not the best paid in California. An extract from a letter dated San Francisco, February 13, says :—" The theatres are comparatively deserted; those actors who are on the way will curse the country, and long for home. The country Is . now poor, and a d o ll ar l oo k s as l arge h ere as i t d oes i n Boston , many or worki ng f or t h e i r b oar d and l o d g i ng. Th e theatres re not doing a p a yi ng b us i ness. " Anot h er l etter contains e theet fol lowing paragraph :—" Th ere i s no more c h anc e for ors or Actresses to make money here; it is all over; tb Y better to stay whe r e they are. There are o open now. Salaries are cut down, and n lvtwo e h( ue going aldt r p eo ple are getting prudent, an d t a ke, care of - their money.. Vlore .ate many people out o f e ng agements here.' a pension of the GRAY'S INN, Aram At h o lden this day, Nilewmaa theatreswould down. Th ea t r i ca l exc it emen t i s a ll over. os Honourable Society of Gray's I nn, fh,fi t iatult.layr. _ _ Ward, Egg., wad called t 9 the deg v " " TIDE PROPOSED NEW CONVICT SET' i TLEMENT FOR INDIA. ( FROM THE OVERLAND REGISTER.) For som e ti me pas t th e at t ent i on of her Majesty's Government h as b een occu pi e d in " looki ng out " for a new ren a l sett l ement, and N ew Caledonia, in the Sauthern Archipela go , as a fit and proper pl ace , h as attracted attention, A finer count than that she has fixed her thoughts upon for a new cenvict settlement can hardly be imagined. We have gained some information re specting it from a party who has visited it several times, traded with the natives, and travelled over a large portion of it. The southern extremity of New Caledonia is in latitude 22 deg. 30 min. S., longitude 166 deg. 50 min. E. The land is low, and not visible from the southern part of the great reef that surrounds it ; the southern extreme of the reef is in latitude 23 deg. S., longitude 166 deg. 55 min. E. New Caledonia is seldom more than 8 to 10 leagues in breadth, but the chain of mountains which forms the exterior extends N.W. and S.E. about 80 leagues. On the south-west side a coral reef extends along the whole coast, forming a steep wall to seaward, level with the water's edge, having no soundings within two ships' length of it, with 160 fathoms line. There are several passages through the reef admitting ships of the largest size, with good anchorage inside in from 18 to 10 and 8 fathoms. The bottom is sandy near the reef, but towards the shore changes to a blueish stiff mud. In clear weather, and the sun at an altitude of 20, a ship may be (with a lookout on the topsail yard) navi gated up and down the coast inside the reef for nearly 75 miles. Vessels should be kept nearer the coast line than the reef', a:, when the latter is ap proached, there are many spits ofcoral which vro uld not be seen were the sun obscured, until the ship was close upon them. The coast-line is mostly clear, and there are f ew d angers but what are visible. In side the reef there are a number of islands of' considerable size, situated about from three to four miles from the mainland, forming most excellent harbours, with a depth of water from eleven to three fathoms. In fact, one of these harbours, to which th ere i s a di rect entrance through the reef, is a natural wet dock which could contain a number of large vessels, and a more excellent depot for the accommodation of steamers could not perhaps be found in the world. Distant about twelve or fourteen miles in a south-east direction, fresh water may be obtained in many of the islands, and an abundance of firewood. On the mainland fresh water may always be procured, and in many places boats can enter the small fresh water rivers and fill from alongside. Th e N . E . side does not furnish more than three good harbours, and iLrequirea great cau tion in approaching them, a s th ere i s a chain of reefs fronting the whole length of th e coast, with many de tached, diverging from one to nine m il es f rom the shore, with no anchorage inside of them until about 150 miles to the N.W., where the reef is continuous for some tithe, and forms a good anchorage. The whole coast of New Caledonie, on both sides, has at a distance a most uninviting appearance, ex cept about forty miles at the N.W. end, where the land is thickly covered with vegetation to the water's edge. On entering the rivers a fine alluvial country is found, and on the N.E. side, more particularly, the scenery is grand beyond description. Most of the land has evidently been formed from the washing down of soil from the high lands for ages. In some places the land is formed into small islands, with a good boat channel between them, forming most picturesque views seen from a height. In the valleys there are many groves of the courie pine, growing large enough to make spars for vessels of 300 to 400 tons, and on the island there are many other trees of large dimen sions, fit for shipbuilding and other purposes. A stranger visiting this country would imagine it was thickly populated, in consequen ce o f t h e na tives (generally speaking, two or three friendly tribes), assembling together whenever Europeans make their appearance. That it bas been thickly populated at some time there can be little doubt, not only from the appearance of the neglected cul tivation, but from statements made by the elder inhabitants. Captain Kent, :in her Majesty's abip Buffalo, who discovered and named Port Saint Vin cent in 1803, mentioned that the natives were very numerous there; at 'the present time there are not twenty natives to be found all round that fine bar the coast W.N.W., bour. F or many mi l es roun d th e sou th end, and on fifty miles from Port Saint Vin cent, there is nut a native establishment to be seen. The natives are more numerous at the N.W. end of the island, and there is a conderable number re siding on the adjacent islands .inside the reefs on the S.W. side, generally employed fishing, who are all subject to the chiefs on the mainland. The whole population of New Caledonia would probably not be under-rated at 25,000, although the French Roman Catholic missionaries have stated the popula tion to be 60,000, but these gentlemen reside in that part of the Weed w here the popuiation is most nu- merous, and have not travelled much into the interior. There are now residing at Balade harbour eleven F;ench missionaries. The traveller finds great inconvenience from the many different dialects spoken by the inhabitants, dif• fering considerably at places not more than twenty miles distant from each other, yet the chiefs visit each other from greater distance6sod seem to converse familiarly. The language does not seem to partake of the Alblayan, nor of the New Hollander% nor of the New Zealanders, and re ems to be distinct from that of any of the contiguous islands. The climate is very salubrious, by reason of the cool S.E. winds blowing from April to October. There are frequent gales of winds from November to March, accompanied with heavy rains from the N.E., the wind veering round to N.W. and S.W. When it a gets to the southward of S.W. the weather becomes fine and serene, and the w ind settles to t h e south ward and eastward, with m oderate wea t her, until the change of the moon, when an a lte r ation t a k es place, and the same expositions of winds a re o bserved , in the latter part of November , a nd ne arly all De cember, there is much lightning a n d heavy thunder, with vast quantities of rain , b ut t h ese storms seldom last beyond thirty - six hours. A t these periods, the water inside the r eef on the S.W. side i s deeply coloured from the great acquainted w ithity o f the soil e commander washed down from th e hi g h lan ds all along the coas t, 'unless th e a nd i varioust mi is p saythbe channels.en loo k eda rti le dangerousunfloarr Feb r uary y and M arch p hurri caneswtthey seldomi rage with to b u move e ash ll c the fury which they do at the Mauritius, t h e same parallel. Nor ar e th ey U B , which is in ar e at that island, as several so 2 frequ ent as t h e y w ithout one being known. Ti ,3"" may pass over eY commence from the same point of the compass as thos:i a t th e M aur i t i us, and there is about the same i nterval of calm, but they soon resolv e themselv es into moderate gales. At least, such has been the character of those expe ri.nced the past six years ; during whi c h t i me on ly three have oc curre d Many of the natives live to a ripe old age, which can only be attributed to the salubrious nature of the cli mate, as they endure m any privations from their im providence; for altho ugh nature ature is most bountiful in the crops, they do nut ti; t hic k of storing food to supply themselves durin g win h ter . m h on b ths.. Whenfi friendly harvest is gathered in, e tribe invites the other t e o a. fea n s e t igwithouirtingendriennonye round of feasting the whole is consumed . , their only care being to reserve seed enough for the ensuing reason. During the rest of the year the natives live upon the bark of trees, wild roots, and fish. The several tribes are almost constantly engaged in ' exterminaing wars, which is the principal cause of the falling off of the population. In these wars many lives are lost, end the conquering parties do not. hesitate to make use of their slain foes for food. So many men being killed in these fights, the result is that the females greatly pre ponderate in number. These are made to perform :ill the heavy work in cultivating the soil, cooking, &c , and for the slightest offence are often put to death. The men are generally tall, powerfully made, and athletic; and when used in a kind manner by European visitants, are harmless and inoffensive. They are not subject to many diseases, and those they do suffer from are generally of a cutaneous nature; elephantiasis is somewhat common among them. Like all other people in a savage state, they have a belief in spirits, and use propitiary sacrifices at harvest, death, and other times. Beside the wood formerly noticed, the indigenous productions of the island consist only of yam,, tars, sugar-cane, cocoa-nuts, and plantains., Various kinds of fish are found iu abundance around the coast, aspe. cially on the S.W. side, where, in the shoal water, large duck. Of and fine mullet aboun d—so , much so, that often at night, when a boat is going rapidly through the water, great numbers will jump in. There are found also in the fresh water various kinds of fish, and amon gs t them perch and carp. The lagoons are frequented ve ry small rat. Not one island, there ' four -footed 31' curlew indigenous taon the wild e only one—a v enemou is tile is to be found. The sugar-cane g rays very rep.luxuriantly ; the natives use it for food, eating WS very its green state. No doubt, mostly oi t eating it in would flourish on the Mind, and tropical plants from experiments which have been made , only so, but dian corn, turnips, and such lik e en made, wheat, In to thrive. Cotton h as also been vegetables, are found grow luxuriantly, though , tried, and is found to have a sample of it in our office.short in the staple. We We have been indebted to Captain Ed ward w for the above information of Hobart Towo , wdin, of the barque Eleanor, Majesty's ship w ho l further informs us that her Clptain Erkhine avennah, under -the command of country when l at ely a considerable part of the account ofaely in these seas, and by him a mi. doubtless t h is magnificent island will have bees banded to her Majesty's Government. Lrrct I vey S'ew lon ; ice, Jed, gob. 6d 110 Ito Pe t • or Id rot - I t° •