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

THE GoLo CURRENCY. TO THE EDlTetz uP 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 e our interested opponents, to see that these men are now afraid of being held to their *wet words, and would gladly take refuge in the very principle they have so long denounced— namely, that corn or subsistence is the proper standard 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 *pally with Colonel Thompson "that the contract with the holders of th e nat i ona l securities ought to be sub stantially fulfilled," I am utterly at a loss to con ceive how the Gallant Colonel makes out that, on an equitable adjustment, a balance of eight millions and * 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 he 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 behoot; these improvements 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 past arising from the prosecu tion of the last great war—has been more than doubled by the systems of currency and finance hitherto and at present prevailing. The national debt on the sth January, 1793, amounted to 238,231,2481., in addition to certain an nuities. Prom this period to the termination of the war, ay to the end of the year 1815, there was additional debt contracted to the amount of 999,592,1661., of 11i1ich.284,581,731/. was afterwards redeemed by the sinkinga_ fund, leaving a ne t increas e of debt con tracted duri these 23 years of 715,010,4351 . Now, it particular por is this tion•of the national debt to which wish in the first place to call the attention of your r eaders, and to ask them which is the p art y entitled to complain,A of its mode of cont raction, the national It l tor or the national debtor. 1881 1pposed by most people that this 715,010,4351. r e „, a e -ac tuslly b o rrowed and received by the Govern - and the nation ; but this is not the fact. There f: certainly, so much debt or stock created, but not dmount of money received. The Government t ra ?n a t get 1001. of money for every 1001. debt con clad. They borrowed in a much more scientific Alamystery uner—one much more calculated to keep up the and profundity of the Chancellor of the „ s -e ''achequer's office. Money, at this time, was ordi narily worth, for the common purposes of business, ',and 8 per cent. interest, and it would have been ts 'mPle, obvious, and unscientific a mode—one too Palpable to the commonalty—to have created a stock D earing that rate of interest, and to have got that stock subscribed for at par—that is, to have obtained 100 /. money f or every 100/. of stock. No, the principal pert Was borr owe d i n a 3 per cent. stock. Now , it is evident that money lenders would not lend mon e y at 3 p er cent, to th e G overnmen t if they could in other channels make 6 per cent. of it. They would not give so much for, a 3 per cent. as they would fora 6 per cent, stock. And so they only paid 501. or 601, as the case might De, for each 1001. stock, while this 501. or 601. was Written down, as a debt against the country and to the credit of the fundholder, as 1001. Taking the aver age of all the loans during these 23 years, 3 per cents., 4 per cents., and 5 per cents., I find from an extract I made from Marshall's Tables some time ago, that 1 731. of stock or debt was created for every 1001. money 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 3 _ 0 3 millions being merely the necessary result of borrowing 501. or 601, and writing it down as a debt of 1001. 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 mitted 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 6/. per annum paid for it. I h e i s, o is very true, applying it solely to the time when raod i e oarfs were contracted. But the evil is, that this hi o h rate 4is f in, g m oney has entailed a comparatively ginterest fur 6, 7, ever The loan of capital has long silica fallen from '. in terest to 2, a and 8 per cent. n , and 4 per cent. ; but the nation is in a great measure precluded from availing itself of . this . circumstance by the imprudent itself down debtor of1 : ol bargain of writing and thus necessitatin for every 601. borrowed, g o t a b p e al lia e y e m f ent of 100/. whenever it should find itself Had it not been for this untowaprclaycica il)g off the loans. stance, the G o vernment might l ong since have made great reduction in the amount of the nationa a l d v e e b r3 t 7 h R e d uc tions, certainly, have be en made, but to might have nothing of the extent to which they been carried. Had the money been raised in per cent. stock, no more than 400 nail,lioapynwna ti d s i i n e t c these ab :: a tyu a i o o v i 6 d o n e a instead of 700 millions - been borrowed instead millions might have been gradual] judicious Chancellor of the Exchequer y b per cent. stock at par, of a new 3 or 0 have saved on the 4 . 00 millions some 8 or 10 By the plan pursued, the o ° r l i- s per annum interest ginal loan contractors or their successors and repre sentatives the present fund , holderin have been s ecured in the enjoyment of a perpetual high rate of interest for the original sum lent, so that the 50/. or 60/, first subscribed is this day worth on the Stock Exchange 9911. This, as far as it goes, does not look very much " on an equitable like the fundholder havingOn adjust ment" a large balance due to him by the nation. the contrary, it appears very strongly to indicate that credit has been given him for a very much larger sum than be ever lent to the nation. But, Sir, this is only one portion of the matter in i question, and not, by any meanr, the most mportatit. We h ave no t ye t t ouc h e d upon th e principle of the real and true value of " the pound," which the bullion ists s eem now, f or t h e first time, anxious to transfer from 5 dwts. 3 grs. of gold to a corn value. Col. Thomp son very properly acknowledges, in his 9th resolution, that "the pound" should be the representative of a Riven quantity of corn, by providing that when wheat should fall below a certain unstated price, Parliament Should endeavour to remedy it by the issue of a paper currency, so that 20 shillings, or the pound, should al ways, at any rate, be or command a certain quantity of wheat. The Honourable Member thus repudiates dwts. 3 grs. of gold as the true " pound" of account, and says that the contract with the fundholder (2nd r esolution) ought to be substantially fulfilled, and that this contract was (3tal resolution) to pay him the real value received ; while the other re , olutions go to affirm the principle of a corn rent, which, if it mean anythin g at a ll , must mean th a t the f un dh o ld er i s en tled to rrceive back as much corn as he lent. We have no objection to widen this principle a great deal and to say, that not only is the national creditor enti tled to as much corn as he lent, hut as much of an averag e of all other commodities as the money he lent at the time represented. Lot us then apply this principle to the subject In question, rind see w h a t groun d the fundholder has " the "'ertion that he has not only net been over paid, but th a t a b alance is due to him, "oil an equit able adjustment." The " pound" that was lent by the k ndholder dari ng the principal part of this long S U N, T ti_ E period of twenty-three years was not a golden pound, it was the " one pound note" of the B3nk of Eng land, and the value of it was such, that tnougb no corn-law existed, wheat sold in this currency, on au average of the whole period, for 803. per quarter, or 105. per bushel. The " one pound note" then was worth exactly two bushels of wheat, and this, if you abolish the present gold pound and substitute the pri❑ciple of a corn pound, is the value to which the fundholder is entitled for each of the pounds lent by him to the nation. But the fundholder has, for the last thirty years, been receiving a golden pound, which has on average given 'nim at least 31 bushels of wheat for his pound, supposing wheat to have averaged 48s. or 50s. 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 the a list of 88 of the principal articles of commerce, including all the cereals, wheat, rye, barley, and oa t s , w ith malt, hops, wool, beef, pork—all the metals except gold and silver—foreign wines, silks, fruits, and spices ; oils, 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, lam 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, bas been more than doubled. I have not the tables now at hand to refer to, but as some part of the debt has been paid off since the war terminated, I think it probable that not more than 550 millions 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 follows that 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 sum borrowed was 636,000,000 bushels of wheat, or 79i million quarters. This 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 hand, see what has been made due to him by the alterations before mentioned. First, there are 550,000,000/. 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 3* bushels, it follows that the 544,500,0001. is equal to 2,041,875,000 bushels of wheat, or upward, of 255 millions of quarters, in stead of 79* millions of quarters. How, then, the Metnber can make out that the fundbolders, 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 cotreuded 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 (.quivalent 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 and 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 all, 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 this 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 any 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 bullionists refer, on this point, to their own pet economist, Mr. M‘dulloch, 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 too 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 dojos tice to all classes, both creditors and debtors. These latter resolutions are an approximation to such a sys tem, and though. we are startled at the idea of a completely incontrovertible currency, and one which h4s 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 thii right, and- that we should, at length, be blessed with a currency:which would properly develop, fOstei, 'and mature our industrial capabil►ties, 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.—l am, Sir, &c., ED WARD CAPPS. St. Mary's-road, Peckham, April 20, 1852. THE GREAT NATIONAL EXHIBITION AT CORK. The committee of thia great national undertaking met again on Tuesday, at their rooms, Stephen's-green, Dublin; Lord Talbot de Malahido occupying the chair. The meeting was a numerous and highly influential one. After the transaction of some routine business, Mr. DEANE, the honorary secretary, read a letter from Mr. C. P. Roney, enclosing a cheque 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 England and Ireland; and a subscription of 51. from Mr. Charles, Geach, M.P. He had received (as honorary secretary to the Dublin committee) free passes upon the Great Southern and Western, Dublin and Drogheda, Belfast Junction, and Ulster Railways. Availing him self of this privilege, so liberally conceded, ho had .ramiliar pro ceeded t o C or k, so as t o b e p resen t a t th e meeting of the sub- committee at Cork on Monday. O n h i s arr i va l he h ad immediately inspected the Exhibition building, .. ac companied by M r . B eason an d Si r Th omas D eane . as he was with the building, he had no con ception of th e extent of the works already completed, and of the magnificence of the building. It presented an uninterrupted by roof the all, of 251 feet, independent of the ii view, from the entrance to the end of . southern !tall, gallery' of. 32o feet long. Both halls to be lit - lights proceedin gs of th e lie then gave an account. of the pressed himself hi g h ly sub-committee at Cork, and ax-- intelligence displaye satisfied with the , zeal and the statistics of th e a all the members. He produced which he had recei ved, B ce, afforded by then building, from e ° fro active chairman of the arrangementin Mr. Thomas Hewitt, the atatiliable area was 14,27 fee committee. The 12,341 feet; of this space no more and the wall space remained for disposal, so numerous tililadn 3,000 feet noir - Cations for space. Mr. Deane then toallnt ellthe aPPIi. amount of subscriptions that had been red the largly every quarter; and said that it Was evideenetiled- fieru and the number of applicaiona for would oMr°,lxt this, II parts of Ireland, that the exhibi tion b e , • various in every sense of the word, a Great Nacional Exhibition of Irish arts, manufacture, and materials. It was proposed by THeMAS GRESHAM, Esq . , and seconded by CREYNE BRADY, Esq., " That the name of. Mr. Roney be added to the committee; which wa s i l o: cordingly done. Many interesting topics were stated to i he m ee ti n g, illu-ti stove of the resources of Ireland, and of our manufacturing enterprise, in w hich discussions ihe Nuble Chaismsn, the Hon. J. P. Vereker, Messrs. Len taigne, Deane, Brady, Gresham. &c., took part. VALVE OF LAND AND HOUSE PROPERTY IN CITY or LONDON.—The three very ancient freehold dwell ing-houses and premises, Nos. 11, 12, and 13, in Cornbill, were absolutely sold by. Messrs. Shuttleworth and Sons, on the 16th inst., at the Auction Mart, for the sum of 32,000/. —equivalent (with reference to the site of ground occupied) to 400,000/. per acre. THE It bas been announced that the new iron screw ship Chusan, which has been built for the service between Singapore and Sydney on the bi , monthly Australian route of the Peninsular and Oriental Company, will be despatched from Southampton for Sydney the 15th of May, calling at:! the Cape of Good Hope, Adelaide, ai.d Melbourne. Iler pacity is 700 tons, and sh© is intended to carry About 35 first. and 15 mond cabin pagengem LON DON, SPORTING NOTES. No. CCX. ANALYSIS OF THE T ff . -NINTH CHESTER OUP, &o. TO THE EDITOR OF THE SUN. —ln my remarks on the pro , :able 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 run, 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'ROURKE and Fllatrs; one or other, to my thinking, being the certain winner of the great rape of Tuesday next. THE CHESTER CUP _ _ is now in its twenty-ninth year, )iaving been established in 1824, when the six years old Doge of Venice carried 9st 21b and won cleverly. One of the curious circum stances attending this Handicap is the foot 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 home an easy winner with 6st upon her back. From that period to the present time, with the exception of Corranna's Bst 91b in 1846, and St. Laurence's 7st 10lb 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 of 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 any nets 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 alb, is completely out of the race; Confessor, at a stone less, is no better off; Storyteller 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, Elizs Middleton, and the High She riff. Eliza Middleton will stop at home; the other two will run. The mare, at 9st llb, though strongly fancied by the public arid the owner, is not at all attractive to me. I consider her winning to be pretty nearby an im possibility, although I expect that her well-known game and speedy qualities will enable her to finish in the front —p-chaps in the third or fourth place—no nearer. The High Sheriff at sst 61b is more dangerous in my opinion than Nancy, if in first rate fettle on the day; his weight is a few pounds too much, or I should take him at once as a likely winner. He will run very forward. MURPHY'S trio, Russborougb, his brother, and the Earl of War wick, will he rf-presented, I believe, by the first named; his weight, however (Bst 71b), will stand somewhat in the way of victory, yet more apparently impossible things have taken place in this world than his winning. E. PARR has halr-a-dow , n 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 ur the Black D ,ctor will be the representative of the stable; which, I will not attempt to say; but this much I can state, that neither will win, JOHN DAY has a couple only this year—Pi►sford and Hothorpe, (he latter the representative of the stable, and a v,ity dangerous one withal. His runnina last, year was, to use a vulgar. phrase, " all my eye;" on this occasion, if 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-noor in preparation, but which will run it is impossible to tell; I have but a very small opi nion of either for:this bour. W ADLOW'S string consists of Alonzo, Candlewick, My Fancy, Lady Amyott, and Barley Sugar. This is quite out of Alonzo's distance; Candlewick is too stale; My Fancy carries sorne.eight pounds too much; Lady Amyott is in the - same 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 Sarprise. Ido not expect that wo shall be surprised by seeing a winner spring from this lot; the top weight, Aphrodite not being quite the thing, and the rest tbo trashy to accomplish aught. JOHN SCOTT'S Backbiter, at 7st 121 b, won't do here Mr. Ferguson. PECK stands but little chance this tiese, as he will have only a nibble with La Fiancie, Cossack having been scratched yesterday. TOM DAWSON'S lot comprises Mark Tapley, Raby, Consolation, Cyclops, Stilton, Galvanism, and Burndale. It is expected that Stilton will be the only runner, and at sst 8!b, looking at his performance at Epsom, his chance would seem to be a very good one; but when it is taken into con sideration of what little service his raking stride will be to him on the round-about course of the Roodee, I am inclined to give the preference to one of his small com pact ri►als, who are sure to be more at home on a course of this nature than a long-strided animal; but as the stable are remarkably confident of pulling through with him, and as he will probably finish forward, I should advise his being held harmless. DILLY'S hopes are centered in Scarecrow, Ariosto being a non starter. The former at 4st 71b is a remarkably dan gerous looking animal, and, in my opinion, if up to the 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, /cm, THE SPIRIT OF THE TURF. April 22, 1852. SPORTING INTELLIGENCE. YORK SPRING MEE. rING.—WEDNESDAY. The- Derby Trial Plate of 100 soya., added to a Sweep stake of 10.sovs. each, for three yrs old; colts, Bst 71b; fillies, Bst 21b. One mile and a half. (12 Subs.) Sir C. Monck's Gossamer Mr: J. Osboinc's Lady Agnes .(J. Osborne) 2 Wentworth's Hsfecl (Buieby ) 3 Mr. Hick's Maid of Lincoln (Charlton) 0 Mr. redley's Conrad . (F. Marson) 0 Mr. Singleton's Dalton (Templeman) 0 Betting-6 to 4 agst Gossamer and 7to 2 agst Conrad. Won in a canter by two lengths, half a length between second and third, the others beaten off. Run in 2 min. 46 sec. The York Spring Cup, of 100/., added to a . llandicap of 10 sovq:intch, h ft. One ale and a quarter:, -Mr. Morris's - Vatican, 6 yrs, Bak. 1210 ...... (F. Butler) 1 Mr. Pi'dley'sPsquetta, 4 yrs, 6st 121 b ...(tjbarlton) 2 24. re Barton's Calculator, 4 yrs, 7st 51b...(G. Oates) 3 Lord Zetland's Radulphus, aged, Sat 71b (J Marson) Lord Derby's Iris, 4 yrs, Bst 31b (Holmes) 0 Mr. Allen's Saxon, 4 yrs, Est 12Ib ..... .(E. Harrison) 0 Mr. H. Walter's Agnes Wicktie!d, sst 81b (Carroll) 0 Betting-5 to 4 agst Paquetut, 7to 2 sgat Radulphus awl Calculate'', 4 to 1 eget Agnes Wicktield, and 7 to 1 agst Vaticin, - Won by a length, the same between second and third, the others beaten off. Run in 2 min. 16 sec. gligt. Tyro Handicap•of 5 sous. each, and 40 added, for two yrs old. Mr. H. Brown's Rattlecap, Bst 31b .........(T. Dodd) 1 Mr. Bell's Anna Eliza, Bst 71b (Skeene) 2 Mr. Meiklana's Ada, Bst (Lye) 3 Betting-7 to 4on Anna Eliza. Won by a length. Run in 52 - secs. The Eglinton Stakes of 10 sows 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 Lambton, 2 yrs • (Wells) 3 Betting-4 to lon Longbow. Won easy, Lambton a bad third. Not timed. The Consolation Scramble - of 50 sovs., added to a Handicap Sweepstakes of 5 soya. each. T. Y. C. (4 Subs.) Mr. J. Osborne's The Puritan, 3 yrs, Est 71b (Wells) 1 Mr. H. Walter's Agnes Wickfi eld, 6stl2lb (J.Osborne) 2 Mr. Martinson's View Halloo, 6 yrs, 9st...(Slnapson) 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 3 to 1 agst Agnes Wickfield. Won by two lengths ; a head between the second and third. The York Hotel Plato of 50 soya., added to a Sweep. stakes of 5 soya. each, for three yrs old, 7st 121 b $ four, 9st 21b; five, 9st 91b; six and aged, 9st 131 b ; maresand geldings allowed 3lbs. A winner this year of 50 aovs. to carry 31b extra ; of two 50's or 100 (exclusive of - stake) slb extra. The winner to be sold for 200 sows. if demanded; and allowances if to be sold for less. Ono mile. (5 Subs.) Mr. Meiklam's Cleveland 6st 21b (301.) ...(A.ldcroft) 1 Mr.J.o3borne'aPriam theTh ird,6st 121b(800 (Osborne) 2 Mr. Smith's The Shadow,3yrs, 55t131b(301.) (Carroll) 3 Mr. Lancaster's Killarney, 3yrs, 6st2lb (300 (Wells) 4 Betting-7 to 4 agst Killarney, sto 2 each apt Priam the Third and the Shadow. _ _ Won by half a length. DERBY. 6 to I agst Hobble Noble 14 to 1 agst Augur—taken OAKS. - 8 to 1 agst Gossamer-10 to 1 taken CHESTER CUP. three Cossack is scratched. ROYAL LEAMINGTON RACES.--TUESDAY. The R iicin Mr. Oldh,,.'s _ r r u ospeor, vgtd rs g o _ Stakes of 3 sovs. each, and 15 added, for &e. Two old upwards; winner to be sold for 504, Mr. D. 0 Mr. B. L auti , t, u 'i l ,es• (5 Subs.) vv,n , t, l3 Re tvte, 4 yrs (301.), ist 111 b (Crouch) 2 Mr. E. S. Davenport.'" Mr. S. Hardy' s (15/ ), 7st 121 b (Lowe) 1 Latium Scuruu), 5 yrs (201), Bst llb 0 John, 6 yrs (301), Bst 91b 5 yrs (30/.), Bst 51b The favourite you Se Cigar, 0 p, of 5 souk, e,:ch. 2 ft., and 4 y (1 0 0 , B Subs., 4 oliwnhigohmodel flandaiscy by two lengths. Th 2 o s L a e d a d m e i d a . gto T n ,vo mile: de clared.) D 1 r. 1 1 : I L ti f ir r e s 's c C er s i s t t o e , ll 3 an y , rs, 7st .. aged, . . a . t ...........(U. May) 2 y . r . ; .... (Archer) 3 Mr. Fuidit.,s's Little Queen, 6 yrs, 4st ~7l s i t i r( e S n? it b ) 0 0 irr:GlAoddlirutiP.:isvcrhr'ins F(aiaztE,ellieye-,osp,do, 4 Mr. Rose's Salop, 6 yrs, 7st ..» ...... (Johnst . o ' n j ) un iou ) lted ett i u g-6 Lu 4a' Ce v r o i n to b , y 2 ttoialci:dig.lit E azAcy, and Bto 1 iigst Castoiles. IN T URS ?.3A It The Hack Stakczs of 1 sor. each, Scaruno, 95t lib; with 5 added, one The Hurdle i n i n !l 4 ep, Prudence, n w o o Q n , i in i s t t w s o lh; heats Th b e y R C O se,rietro,, list t(sLlobw;e)fireua s t , j a k t e i ( a l Little s e , , P v :) . L v e r a , cl. l l, l list lib. miles; over five hurdles (9 Subs ); w as won easily by l i'D l . o added, two Mr. Laud's Prospect, aged (151.), (J. Ablett), boating Cigar, Brunette, Thoßoarer, Klaiber, and Banker. The Beaten Randicap IVOI won by Good-for-Nothing, lOst 101 b, beating Hamm Scarum, 10/t, Salop, list , and ASCOT HEATH, 1852 • Nominations for the Fernhill Stakes. Duke of Itichialond'a Stella, 2 yrs—Sir R. Pigot , 's Jack the Gi snt ki ller, 2 yrs—Mr. E. Batson's Kandidja, 3 yrs—Mr. Yarworth's Hoppicker, 3 yrs—Lord Exeter's mMoonudn:sa Harbinger,i n l l o.r, r, 3 yrs—Mr. Howard's Vnultress, 2 yrs —Mr ' E. R. Clark's PI umstend, 3 yrs—Duke of Rich yrs— r. a 3 yrs. 1 Nominations for the Emperor of Russia's Plate. Kiugotee,3 yrs—lndian Warrior, 3 yrs—Little Harry, yrs—Teddington, 4 yrs—Russborougb, 5 3 yrs—Ring of oath., 5 yrs— Bobbie Noble, 3 yrs— 's Peppermint, Woolwich, Ambrose, 3 6 yrs —Alfred tin:Gres: l , 31f°yrras— geur, 5 yrs— 3 yrs—Mountain ' His Grace, 3 yrs—Sally, Deer, 4 yrs—joe Miller, 3 yrs—Grey Tommy, 3 yrs— Orr 3 yrs—Pitsford, 5 yrs—Racbete, 3 yrs—Ring leader, 4 yrs-131uck Doctor, 5 yrs—Stilton, 3 yrs —Nut yrs—Vol ti shPli, 5 Yrs—Tornboy, 5 yrs. NE WMARKET SECOND SPRING MEETING, 1852. Handicap for the Suffolk Stakes of 15 sots. each, 5 ft, if Tommy, 3 yrs, 7st 121b—Harbinger, 3 declared on Tuesday next. Hernandez, 4 yrs, pat—Officious, 5 yrs, Bst 121 b Nutshell, 7 yrs, Bst 21 b—Dulcet, aged, 7ot 131b—Grey Flirt,3 yrs, 7st 81 b—Knook Knoll, 4 yrs, 73t alb—St. yrs, 6st 51b—Greengage, Antonio, aged, 7At 31 b—Frantic, 3 yrs, let 3lb-I:Louis yrs, 7st 81b— kin, 3 yrs, 7st 21 b—Midas, 4 yrs, 7st 21b—Tophana, aged, 6 10 121 b — Patriot, aged, Est 101b —Gay Lass, 4 yrs, 6st 6—Poodle, 3 yrs, 6st 81b—Gr D and uchess, 3 69t 21e—Young H awthorn, yrs, sst 3 rs, sst 121b —Hampton, 3 yrs, 59t 101b—Maria, 3 Y Blb—Hugo, 3 yrs, sst 81b. 3 yrs, 6st 41b—Suttler, 3 yrs, IT SPIR_ of the PUBLIC JOURNALS. FROM THE MORNING PAPERS OF THIS DAY. TIMES.—.No on e can rise from a perusal of the debate on Mr. Ilorsm - su i s motion for a commissio n of inquiry into the cas e of the Rev. Mr. Bennett with out a feeling of painful interest, and something like a conviction that we are unprovided with the machinery integrity of the doctrine and teaching of the Chu rc h of England. We have ar ticles, symbols, and canons, and, assuredly, are not unprovided with eccl es i astical courts, whose numbers are counted by hundr e d s. required to preserve th e We have an episcopal form of Government, and a L eg i slature, the great ma j or i ty of which is composed o f members of the national safeguards Church, yet all these P would appear to be insufficient to preserve th e purity of the faith and to prevent the occupation of the high places and the appropriation of the revenues of the Church by pc-r -ef:MS holding those very doctrines which she is most anxious to oppose. The statement of Mr. Horsman produced, as it was well calculated to do, a great impression on shoved by proofthe House s, who se cogency ha r dly a d m it s o f refutation, that a clergyman of Commons, for it holding almost every Rome, and thos e in a ex a gg erat ed than s i ncere R oman after his tendencies have Catholics form doctrine oliem s mare eh themselves, the e lves, d Church e light, o , f be tr ans f erre d f rom one compensated f or ep i scopa l cep sure honour, patron age ', an d preferment d beenw dioce s e is fu lly 'u l t l o they another,b first rrosutgh by t a t o n in the second. It snowed, 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 country has been divided into dioceses. We are not di spose d to underrate the grave nature of these appre h ensions, nor 'le d Curc n h Yt h is that theprevalence o f dissent without the an evil of less magnitude than anarchy within. Still there is one consideration which may naturally tend to allay these feelings, and that is, that the promotion of Mr. Bennett to the living of Frome could never have occurred without very grave and serious misconduct on the part of almost every one in any way connected with the trans action. In a bank, or any other mercantile establish ment, no check which human ingenuity can devise is so perfe c t th a t it c annot be defeat e d or rendered nu gatory by a conspiracy among all the p ersons to w h om its working is intrusted. If, then, we fi n d th a t it required a d e reliction of duty on th e part o f no less than six persons to enable Mr. B ennett to a b use and personate the character of a cl erg y man of the Protestant Church of England, as he has un doubtedly done, we may fairly conclude that, how ever deficient our ecclesiastical law may be in pro viding remedies, it has been by no means barren in precautions. In the first place, the law required the certificate of no less than three clergymen to a state ment which they must have known to be untrue ; for how could they certify that Mr. Bennett had " held, written, or thought nothing against the doctrine or 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, he refused to correct, and answered for his conduct during his residence at Kissingen, which they either did not take the trouble to ascertain, or, if they did, wilf u ll y m i srepresented ! But the authors of the Canons contemplated apparently the possibility that clergymen might be found to !sign a false certificate of character, and therefore devised a check by requiring the signature of the bishop whose diocese the cl ergyman was leaving, to authent i cate his " honesty and ability, and his conformity to the ecclesialtical laws of the Church of England." This signature the Bishop of London, we are informed, re fused to give, and in so doing discharged his duty with consistency and propriety. We wish we could find any ground which would justify our expressing similar opinion with reference to the conduct of the Bishop of Bath and Wells. Something may fairly be conceded to infirm health, but it is impossible to separate the exer cise of an important office from the responsibility it in volves. The Bishop of Bath and Wells knew that Mr. Bennett did not bring with him the recommendation from his former bishop which the Canons require, and be 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 comply with ecclesiastical discipline. He knew that he was most distasteful to the pa rishioners at Frome, and was furnished with extracts from his published writings which might well have startled the conscience of any Protestant Bishop ; and in a case so notorious he might, and doubtless could, have ' ascertained in what manner Mr. Bennett's time had been spent during his continental tour. To him was intrusted the , duty of asserting the dignity of the episcopal order by paying to the d.cision of the Bishop of London- that respectful consideration which one court of competent jurisdiction usually shows to the judgments of another. He was interposed by the law to moderate the elitist. sof private patronage and protect the , parishionersdo rfels'ruoii:nii;gfriorincmthtehespicirtirtuusailimirjcupo n nd te of I injury a a clergyman is w h am they could not, and ought not, to have confiden ce , and whose ministry they were bound them - p to reject. Never did more important duties combine to point out the proper line of action. Never was a Christian bishop called upon for an exercise of firmness and justice in a case more clear and more urgent. It is needless to say how these duties were met and dis charged, or how completely the cause of the patroness triumphed over that o f the, people and the Church. Anoth blame i person whom i t i s i mpossible to acquit of s the it that the law, bads P a t roness h erse lf . W e take t 3' making an advowson private property, d tiesid not mean to relea se th e o wner f rom hose du which the n a t ure o f the property im plies, and we are quite sure th a t if i t meant thi s it could not do so. There is a trust which it is the duty of the bishop to see enforced, but which if ho neglect his duty loses none of its binding obligation, to exercise the awful responsibility of appointing the per son to whose care the souls of thousands of poor and ignorant persons are committed, with a careful reference not only to the opinions of the patron but to the interests of the flock. Granting that the religious opinions of the patroness coincide with those of her presentee, she was bound to think not merely of herself, but of those for whom she was a cting, and to avoid as much as in her lay the danger of schism and disunion, which an appointment like that of Mr. Bennett was sure to pro duce. But what shall we say of Mr. Bennett him self? Belonging as he u ndoubtedly does in spirit and feeling to one Church, h ow comes he to be the recipient of the patronage and emoluments of another ? How can a cl ergyman who pas: - - his time in the society of Roman Catholic priests, who frequents their place s of worship in preference and to the exclusion of those of t h e Church to which he nominally and occasionally conforms, undertake the care of a Protestant congregation, subscribe Protestant Articles, or submit conductto te rule of a P rotestant episco pate? Such pre h supp e , es a moral obliquity which we trust is rare, and which the reoent secession of so many clergymen' holdingat similar opinions, to the Church of Rome shows It any rate not to be universally theta. connected with ththerefore appears that,without grave misconduct on the part bisho of th e patroness, the there commending clergy, Ps and the incumbent, the p rese nt scandal could ~ one not have c r taken pl ace , an d t h at i t is not by the default 0t two persons th a t it can be repeated. This is somecomfort, and we trust t h at the friendly inquiry which we are promised may end in the suggestion o f ' some course 'which m a y d o reason to feelings of the i the justly irritated. if it cannot restore that confidence in the discretion of and the bishop and the sincerity orthodoxy of the in cumbent which the presentexposure has done so much prevent the recurrence of a similar evil. to destroy, may ..,., . DAILY NEWS. —In suffering a numerical defeat on his motion for a public inqutfrey into c the circumstances attending the institution of the Rev. J. W. Bennett to the benefice of Frome success. * For, ll orsman has substantially gained inof them averting s e . another Cabinet Ministers (tw public inquiry, three with (two and the full cretaries of State) have e House of undertaken , C entire approbation of the the omm one, to substi tute a friendly inveva- that, assuming Chancellor of the a Exchequer has admitted the facts to b no remedy for the law t o afford as repre sen t e d and thetii tt on a P rotestant cure s pries intrusion of a semi-101123 Provide one. And what are of souls, legislation Inns! .1 P 1843 oho Bishop of London, the facts of the case? o_ iv inenett held opinions and had though warned that sar. ~„ __,.._ _. , published doctrines morV'in'u f :aa" and tsernicions . tn..n any contained in the " Tracts for the Times, " instituted i; . yl N 1. N A P t Mr. Bennett to the bens fice of Sr. Paul's, Kuigh echr Hge. The consequences of that iestitu•ion were then those epi nions and uoatrines of which the Biehop had timely w rug were spread and propagated by Mr. Bennett and his c uret " a t t h e m ,at iefleential end powerful ['UriSti of step by step Ma. Bennett Deo . ..ewes! in the practices and teaching of whet. he would call the church universal, but of what we know to be that eene mullion of Rome from which the people and Centel' of Euglsnd separated three centuriee a ge , eets elothi ng , as every nation or body in a merlon has a to, a Church of its own; — that mamma tic iesti•utior were in troduced into Beleravia, carryi ng (as iu miss Law's cas) dismay told bitter grief into the besorn of femilies; —that it church, St. Barnabas, was erec,ed to cele brate and extend terse successes;—that so papisticel were its services that a mob rose against it;—and that the Bishop of London, yielding to the it fluerme of po pular tumults, compelled Mr. Bennett, in 1850, atter seven year s ' endurance of his unfaithfulnees, to resign all his preferments in the diocese of London. Meanwhile Mr. Bennett had printed form., of prayers, published books, and issued sermons, in which he defended all his acts and opinious; jostle fying auricular confession, intercession to saints, the au thority of the Church so•eelled universal over humen conscience, repudiating and abjuring Protestantism, and denying that Christianity could be propagated merely by the agency of the Holy Scriptures. The universe' feeling of eoeiety_ uncorrupted by such teaching—was, on Mr. Bennett's resignation, thankfulness for having, however lately or discreditably, got rid of him. his friends subscribed money for him and he went abroad. He appears to have rested chiefly in Roman Catholic countries; at Kissingen, in Bavaria, and at Rome. What he did at the latter is not known; but at Kissingen ho daily attended mass, and consorted with friars aed priests. In doing so he only vetted on the rule laid down by Dr. Phillpotts at the Synod of Exeter, and published to the world in its acre, via., that in countries where there is a branch of " the Church Catholic," however erring and corrupt, there only can a Chris tian worship;—a strict logical deduction from the premise that there is on earth a Church univer sal, having a sacrificial and mediatorial priesthood. Amongst the persons of eminence and power perverted and led away by Mr. Bninett's system was the patroness of Frome Solweoti; and that benefice becoming va cant, she, au amiable and excellent but most deluded woman, presented Mr. Bennett to the Bishop cf the diocese, that he, as Ordinary, might institute Mr. Ben nett thereto. The parishioners remonstrated; but her reply was, that the act was by her irrevocable. They turned to the Bishop for protection; ho listened at first to their complaints; but they persisting in their otj(c- Liens, he instituted Mr. Bennett and closed all correspon dence with them. The first remark in this state of facts relates to the conduct of the Bishop. In England alone, of countries possessing an established church of the Protestant communion, the parishioners have no Toles, in, or veto on, the appointment of their minister. And the reason assigned why they have not such a power is, that it has been reposed in their bishops to be exercised by those officers of the church on their behalf. In the constitution of the Engish Church, the bishops are interposed between the full exercise of the right of patronage by its owner and the people effected by the exercise. The power of the patron is, therefore, a qualified one; the bishop for sufficient rea sons can defeat its exercise; and those reasons are to be grounded by the bishop on his regard for the cure of the parishioners' souls, in conformity with the article?, for mularies, and teaching of the EstubLelied Church. It results then from these premee s, that in the Bishop of Bath and Wells the Church has a prelate who regards the Humanist outcast of the diocese of London, the man who there held and taught all Roman doctrine, and the traveller who subs:, queutly worshipped daily at Kis singen in a mass house, as a proper incumbent of Frome. The theory of bishops protecting the parish- - toners against an improper exercise of patronage does not, it is clear, work hare. And what is really the ma question in the whole case. Ought parishioners in the nineteenth century—when it is notorious the episcopate entertain generally pretensions winch the laityas a body repudiate and reject—to have no further p A ro n t d set t io h n e than their Ordinary's weakness or firmness. value of a public inquiry into the Frome case, as pro posed by Mr. Horsman, would have been inestimsble, as throwing light on the manner in which episcopal control colludes with the power of patronage to force on - • parishes ministers against whom 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 case), 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 London, 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 Pckington stated - (without showing) that in this matter the Bishop of Lon don's conduct had been blameless; and Mr. Herman 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 faithful minister of the Church, to the effect that their signatures were genuine only. But the practice under the 49th Canon, is for a bishop to require of his presentee a bcue deceisit of his last ordinary. Did Mr. Bennett carry to Wells such a docUment from Fulham? And if not, why did Dr. Begot, in this case, where 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. Nothing in Mr. Horsman'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 meta, 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 its 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 pires in prOuming to inquire into the ecclesiastical grievances of the people. For therein the limits of comprehension will haye beeu passed, and those of priestly aggression have been en tered on. LYNCH LAW IN CHELSEA. During yesterday and the two pr.-ceding diys , great exciwmeiit ha s p reva il e d i n the neiehbAirhoatot Chel sea ead Beompton, in consequence of a series of outr2;4ee baying built commit ed by is mob of persona, to the number of sever a l h un i re d s, wralch have resulted in a cun;id table destraciton cf property. It appears that few days ago a report was circulated that a wol . nae seamed Sa ah Cur, living in Gr e erestrert, Martha ; rough-road, had put her child, a little girl eight years old, upon the fire, and burnt her to cleat. This state ment was generally believed, as it was knoan in the neighbourhood that the child had for a lengtheeed period been id• treated by her mother, who, in addition to b 1-rtilig her, is said to have locked her up in a room for fitteen or sixteen hours in the coldest days of winter, without either food or fire. An irquest was held on the body, at which the enedicaLevi dence was to the effect that the child died from the effects of fire, but as it origin could not be ascertained the jury returned an open verdict. This did not satisfy the neighbours, who seem to have been convinced that the mother was guilty of murdering the child, and therefore they determined to take the law iato their own hlnds. The funeral was arranged to take place ut St. Luke's Cirurots on Monday afternoon. At the hour ap- Painted foe the procession to kayo , the house, many hundreds of persons assembled round it, who vowed they would tear the woman to pieces if they could lay hands upon her. A messenger was secretly sent to the police station, and a num b er o f constables arrived at the house. the procession l e ft th e h ouse, an d i mme di ate l y t h e crowd, which had greatly i ncrease d i n f ur y, se t u p a frightful snrieking a n d h oot i ng, following up that show of their ' , nibs - nation by h ur li ng showers of large stones, mud, and filth at the mother wish rrent violence. Se veral of the stones struck her in the face and on the bead, and her clothes were covered with mud. The mob who followed the coffin all th e way to the churchyard, hooting, shrieking, and throwing st ones lik e so man) : mad people, endeavoured sever a l t i mes to seize her, aid had it not been for ten or twel ve po li cemen who sur rounded her, she would mast certaruly have been seri ously injured. The office rs urge d t h e mob to allow the coffin to be taken quietly to th e grave, but they r e f use d to listen. At length, after considerable difficulty, the churchyard was reached, and there the teen° was one of a fearful description. The mob now amounted ro up wards of a thousand persons, all of whom were shout ing and throwing stones, and the uproar became so great that not a word of the burial service could be heard. The clergyman had at last to desist, and tralto the hest of his way from the spot. The mob then again endea voured to get possession of the woman; and had it not been for the most strenuous exertions of the police, she would have been trampled to death. The return from the church was of a more uproarious character; but the woman, under the protection of the police, marl:aged to get into her house, and the doors were fastened. The mob then took up a position in front, where they re mained until a late hour, thinking the woman would make her appearance. During the night she and her friends m'de their escape from the house, alter having packed up all their goods and filled a waggon with !hem, which they hod managed to persuade a carman in the neighbourhood to bring. The goods were taken with the waggon to a stable for the reel of the night, in or der that they might be conveyed away in the morning. Before, however, that was done the mob again assembled, and hearing that the woman had ft- d, their rage knew no bounds. Being told that the goods were in the neigh bourhood, they determined upon finding and destroying them. The waggon was met in the street, said the work of des , truetion commenced. Mahogany tables, drawers, and bedsteads were broken into a thousand pieces; beds cut open and feathers and flacks thrown into the road; china and lonkingaglasses smashed, and every article destroyed. Toe police interfered, but the crowd at this (nearly twelve o'clock on Tuesday nigh') was upwards of five thousand persons, and their efforts were un availing. The mob then again repaired to the house, thinking the woman was in the neighbourhood. They remained there nearly all night and began again to as• semble yesterday morning, and to increase during the day; and last night a large mob was endeavouring to find the object of (heir hatred, whom they vowed they would murder it she was to be found. PRICES OF WHEAT, FLOUR, AND BREAD, IN LONDON AND PARIS. Annex 4d is a comparison of the present prices of wheat, fl )nr, and breal, in London and Paris:— The highest price of wheat of the first quality in Paris is 29g. per q hectolitre, which is equal to 445. 3d. per quarter; and the highest price of white wheat of the first quality in London being 48s. per quartrr, it fellows t h at wheat is nearly 8i per cent. dearer in Loudon than in Paris. The highest quotation of flour of the first quality in Paris is 35f. 15c. the 130 kilogrammes, which is equal to 355. 2d. per sack, of 2801 b. English; and the highest quotation of flour in the London market being 40s. the sack, it follows that /lour is about 133- per cent. dearer in London than in Paris. The highest quotation of the second quality of write flour in Paris is 32f. 50c., which is equivalent to 325. 6d. per sack of 2801 b., and which, as compared with the quotation in London of 303. 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 std. the 41b. loaf, English weight; and the price of brew', in London at the fuil-priced shops being 7d. per 41b., it follows that bread is about 33i per cont. dearer in London than in Paris. The second 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 took place last night at Exeter-hall, and drew a crowded audience. The principal feature was the first appearance of Ma demoiselle Jetty Treffs in Lort,don 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 Treffa sang five times, being en cored in two out of three of her songs. 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, Gross ( Greeting"), equally charming in its way. " " Tom Moore's genuine ballad of " Love's Young Dream," which Mademoiselle Treffz sang in English, without a single ornament, but with a grace unstudied that gave the fullest expression to the melody, wee 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, promises to rival in popularity the familiar " Trab, trite, crab," 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 Schinaon, in a ta t teful and musician-like manner. Among the other promihentleattires of the programme were solos on the double-bass ' violin, and oboe', by Signors Bottesicii, and Sivo t i, and M. Lavigne, all of which were eminenaly successful. That of Signor Sivoti, the `• Car nival de Venise," was eneond, an.. _ P agsnnini's tions on." Net cor pie " substituted in its place. The, . veteran Braham was in all his glory; and in the famous war sang, " Scots whit hae," showed that the fire withi!, him still burnt ardently. Ho was encored both in this and in the " Old English Gentleman," which, in his hands, as a specimen of the familiar " table song a. , ti c t a n n hardly be surpassed . The Misses Brongham n n w ' i s t h be t a h u e ti u fa tna l d os u t e t ias l' e o a , n d we f r ee. t s s sta S hT'e m b e h a tt u. c i li d d bl e a lts s s t . ,' ll ' gave ling. M Miss Rose Brahana was highly sue- Bishop's " Should he upbraid, ait great neat ness and facility. in Loder's - and Miss Jacobs showed much promise pretty cessful in a new Spanish serenade, Sweet love arise," ballad, " Come an d bu y my summer flowers." Herr Reichert, the talented German tenor,,i sang several pi ece s, the most popu lar of which, The sign a l," was no c red. Mr. Georg e Tedder, in " The Thorn," One f ablest e Shield's best ballads, was similiarly compli mente d ; end Mi s s Alleyue, who bids fair to become o concert singers , distinguished herself hi g hl y i n the air f rom Handel's A d is and Galatea, " unues of f our ye pretty warbling choir," the flute obligate of w hi ch was played g reater part of the v oca l mus i c on the piano with his ac customed abilit y , and the band, Theatre. M. Ale xan d re Billet ihnerfirMsterjaetsetys'tsyle by M. Ratnu sat , pr i ncipal flautist at accom panied the well directed Aneh b y Bar s uez rPlayed the overtures to Z the Gheval de Bron ampa and scorrlSH CENTRAL RAILwAy.--Traffic for the Week ending April 18, 1852 : Passengers (9,534), parcels, horses, and carriages .. - Goods, cattle, &c. ... ... .£993 4 8 ... 1,0u7 16 5 Total .. 2,001 l 1 Corresponding week in last year... 1,731 3 8 Perth, April 20, 1852. -- -- SHORT WElGHT.—Yesterday, at the Sessions house, at Newington, the following persons were convicted of using short weights and measures :—Thomas Mansell, of the Albany-road, Camberwell, fruiterer, 21&, for three weights against the purchaser. Henry Merritt, of Pomeroy street, Old Kent-road, chandler, 355. and 6s. costs, seven weights wrong. James Cattan, Manor-street, Kent-road, 10s., a weight very wrong. Chambers, greengrocer, living in the same neighbourhood, 10s., for deficient weight. John Gatobee, greengrocer, Stockwell -street, Kent-road, 41., sixteen weights against the buyer. William Denyer, Old Kent-road, cheesemonger, 15s. ' fur a similar offence. Wm. Joseph Craywood, 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, James-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 country 4 will curse the country, and long for home. The e now poor, and a dollar looks as large here as it do esthesttres are many or working for their board and lodging. Thecontains the not doing doing a paying business." Another letteernce i n Boston ; for actors or lowing paragraph :—" There is no more o c v h er; they would do actresses to make money here; it is all ado better to stay where they are. Thereeanad open now. Salaries are cut down, yen people are getting down. Theatrical excitement is allra mow Y. There are ninny t°l2nealYtrtews °a theatres' g ea o t i r n e g s prudent, and take care of their ow At a pension of the I people out of engagements GRAY'S INN, A r--- ,,, i n n, holden this day, Newman Honourable Society Ward, Escl-) was eallefclGtoraihe de pi L hey i l .— gree of barrister-at-law. MADEMOISELLE JOANNA VI'AGNER. 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," in her transactions with the director of Her Majesty'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 bricfly 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 preferegce 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 tho eourse of last month, his daughter re ceived several letters from the director of the Royal Italian Opera, to which, considering her selt bound to the other theatre, she did not reply. An important stipulation, however, is the engagement with Her Majesty's Theatre, which was to have been carried out on the 15th of March, not having bees fulfilled, Mdlle. Wagner, on the sth of the present month s , regarding the old contract as null and void, concluded 101 ra. new one with the director of the Royal Italiau The object of Herr Wagner's letter is to def e nd _ his daughter, who throughout acted unde r the a dvice of himself and her most intimate friends, from the charge,. of having acted inconsiderately towards the director or see d t treaty. a the theatre for which she signed her firs of one day between the date agreed upon for the fulfil ment of the stipulation alluded to and Its,saTbhsoelauttree,tenndeerrr by an authorised agent of Her Maitj weeks had ned th a e contract elapsed Wagner states that not less thsenesrefoi elapsed before Mademoiselle Wagn h (3l with the rival establishment —althoug, April, a formal notice had been transmitted to the director of Her Majesty' s Theatre, in which Mine. Wagner declared that she considered herself no long.r Mdlle. bound to that establishment. These best wayediffere for differences are not matters of general interest, and th Wagner to sustain her reputation its England i s to sing so well that she may p l ea se the London public as much as she has alre ad y , p leased that o f Berlin, Vienna, and other continental cities.-- Times. --'-----ST• JAMES'S THEA TRE.—Her his_R . oye Tg.hness Prince Albert, FRENCH PLAYS, • TRE.—Her Majesty the 'Queen and Serene hugnness rrince Leopold of Saxe accompanied by his Coburg and Gotha, and attended by the C ountess of Desart, Lord T.albot, Lor d Colville, and Colonel Seymour, honoured the performances with their presence last ev en i ng. Th ere were also present —The Duc h ess of Suth er l an d an d L a d y Constance Gowe r, Lord Robert Grosvenor, the Marquis of •Normanby, th e Marchioness of Downshire, th e E ar l o f Ches terfield, the E arl of Granville, Lord Northampton, Lord the Canning, Lord and Lady Ashburton, the Countess of Walde gr e, Lady Bul wer ' • Count ess de Flahault, Sir Michael , Colonel Meyrick, Captain Mr. and Mrs. John Stanley, Captain Lyon, Shawav Stewart, Sir William Clay Ryder Burton, A. Klom, Mr. Wyndham, Mr. Mrs. Milner Gibson, Mr. Leveson Gower, Colonel Macalpine. T R EATY.—Yesterday the treaty o f commerce Tun BEL GIAN an d nav ig at i on between her Majesty and the Ki ng of the 1 the Parlia mentary printing.offi ce. Th e t r eaty c on t a i ns q 0 1 art i c les, and is accompanied by an additional article, a de -1 claratioa, and an article explanatory of the latter. 2'111; PROPOSED N_EW CONVICT SET TLEMENT FOR (FROM THE OVEELAND REGISTER.) For fiCZDe time past the attention of her Mgjesty's Gaverument 114 s been oeclipi-d in " looking out" for :1 new penal settlement, and New CJledonie, in the -S )utht!rn Archip,lage, as a fit and proper place, has attracted attentiOn, A finer country th=an that she has fixed her thoughts upon far a new convict settlement can hardly be bus fined. We have gained eowe iniormation re s!recting it from a party who has visited it several times, traded with the natives, and travelled over a large portion of it. The seuthern extremity of New Cal, don:a is in latitude 22 deg. 30 min. S., longitude 166 deg. 50 thin. 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. l ong it u d e 166 deg. 55 min. E. New Caledonia is seldom more thmi 8 to 10 leagues in breadth, but the chain of mountains which forms the exterior extends N.W. and S.E. absut 80 leagues. Oa the south-west side a coral reef e xtends along the whole coast, forming a seep wall to seaward, level with the water's edge, having no soundings within two ships' length of it, with 150 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 &ear weather, and the sun at an altitude of 20, a ship may be (with a Lookout on the topsail yard) navi getel up aed down the coast inside the reef for nearly 75 mi!es. Vessels should be kept nearer the coast line than the reef, as, when the latter is ap proached, there ;ire many spits ofcoral which would not he seen were the sun obscured, until the ship was close upon them. The coast-line is mostly clear, and there are few clangers but what are visible. In side the reef there are a number of islands of considerable six-, 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 there is a direct entrance through the reef, is a natural wet do..k which could contain a number of large vessels, and a more excellent depot for the accommodation of steamers could not perhaps he 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. The N.E. side does not furnish more than three good harbours,- and it requires great cau tion in approaching them, es there is a chain of reefs fronting the whole length of the coast, with many de tached, diverging from one to nine miles from the shore, with no anchorage inside of them until about 150 miles to the N.W., where the reef is continuous for some time, and forms a good anchorage. The whole coact of New G3ledorir, cr. both sides, has at a distance a most uninviting appearance, ex cept about forty miles at the N.W. end, where the laud 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 cowrie pine. growing large enough to wake 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 cons: qucnce of the 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 ship 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 file har bour. For many miles round the south end, and on the coast W.N.W., fifty miles from Port Saint Vin cent, there is not 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 island where the population is most nu merous, and have not travelled much into the interior. There are now residing at Balade harbour eleven French 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 distances, and seem to converse familiarly. The language does not seem to partake of the Malayan, nor of the New Hollanders, nor of the New Zealanders, and seems 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 gets to the southward of S.W. the weather becomes fine and serene, and the wind settles to the south ward and eastward, with moderate weather, until the change of the moon, when an alteration takes place, and the same expositions of winds are observed. In the latter part of November , and nearly all De cember, there is much lig h t nin g a nd heavy thunder, alhng the coast, s and l last t h v h a e s y t o q n u d an t t h it i i r e t sy.osfixhours. At the se per i o d s, rain, but these st orms se ld om the water inside the reef on the S.W. s id e i s w deeply ashi etdi coloured downotl h o e u n r efdr dangerouso m fr o t hme high the t o lands n great iov e all quantity ship of soil 1 p unless the c o t nmander is particularly well acquainted with the various channels. In Febrile'. canes may be looked for, the 14 ' '3' seldom rage with the fury which they do a t s w a i n t i h e e upto point te of f e i tits.ng konoc7 .- uritius, which is in the same parallel. Nor are they :a frequent as they are at thae island, as sever l They commence from the but they and March hurri a years may pass over At least, such has tlnseiv" c e.,s as those at the Mauritius, and there is about the into moderate gales 'ere interval of calm, but they soon resolve th three have occurred. soars; rienefee the ,ixbeen the character of those expe onlyl‘ 1 annoy attributedo f the natduring which time only mate,asthlive ton. ripe old age, which can manyh e privations n s nature from ofth their e im providencecli g . nature . h is most bountiful in the crops, they do not think of storing food to supply themselves during the winter months. When the harvest is gathered in, each neighbouring friendly tribe invites the other to feast with it, and in one round of feasting the whole is consumed, their only care being to reserve seed enough for the ensuing season. 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 exterminating wars, which is the principal cause of the falling off of the population. In thesa wars many lives are lost, and the conquering parties do not hesitate to make use of their slain foes for food. So many men being killed in ;e they endure r a itthvoeostu these fights, the result is that the females greatly pre ponderate in number. These are made to perform all 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, an d use pr o pitiary sacrific es at harvest, death, and other times. Beside the wood formerly noticed, the indigenous productions of the i s land consist only of yams, tare, sugar-cane, cocoa-nuts, and plantains.' Yawn kinds of fish are found in abundance around the coast, wipe• cially on the S.W. aide, w h ere , in the shoal water, large and fine mullet abound —so much so, that often at night, when a boat is goieg.rapidly through the water, great numbers will jump in . There are found a l so in the fresh water va rious kinds of fish, and a mongst them perch and carp. ; curlew and wild d uck. Of The lagoons ar e f requented by large quantitie s of four-footed an i ma ls i ndigenous to the island, there is ve ry small rat. Not one only is to _ _ The venemous rep tile is to be found- The sugar-cane grows very luxuriantly ; the natives use it for food, eating it in its green state. No doubt, mostly all tropical plants w ould flourish on the island, and not only so, but from experiments which have been made, wheat, In dian corn, turnips, and such like vegetables, are found to thrive. Cotton has also been tried, and is found to grow luxuriantly,though short in the staple. We have a sample ' We have been it in our office. een indebted for the above information to Captain of Hobart E dward Woodio, of the barque Eleanor, T t y , , Town, who further informs us that her '-',,-Lsit'sty s ship Hav-rinall, under the command of kittptLiii E k ' ' t sine, explored a considerable part of the Country when lately in these seas, and by him a mi• flute account of this magnificent island will have b ees doubtless banded to her Majesty's Government. rd er r )$f !ef, to by led , roo. o b, 6d 00 1 rut i so ile d, 0 V 0 0 14 ) 1. il OV, 00' .:~i. 1