The Sun. — London, England, 1870-01-13 00:00:00

SPIRIT OF THE JOURNALS. I THE CAUSE OF THE OUTRAGE ON MISS GARDINER. Some circumstances have transpired in connection with the case of Miss Gardiner, who was recently fired at in the county of Mayo, which have been strongly commented upon in the tenant-right journals. At the last sessions of Ballina the lady appeared in court with her fale bandaged to prosecute some ejectment proceedings which are supposed to have led to the outrage. In the course of her examination it appeared that since she came into possession of the property, thirteen years ago, she had been in the habit of serving notices to quit every half-year, in order that she might have full control over her tenants. In October, 1868, she gave up the practice, as being "too troublesome," and then made an agreement with them that they should hold from year t:) year, and for one year only. She sought to eject two tenants named Jordan, and a third named Howard. In the latter case the defendant in the ejectment had gone to America, leaving his brother and his mother , ' a very old woman, in possession as joint tenants. They both produced the receipt for the last half-year's rent made out in her name, hut this was held not to constitute her a tenant, and a decree for possession was granted. Tile other case was warmly contested, and James Jordan , ie principal defendant, swore that he and his family had teen on the land for mere than 80 years ; that they had built five houses upon it, fenced, drained, and improved it in various waya, and that £5OO would not compensate him for the loss of occupancy. He and the other defendants, who are both old men, were offered by Miss Gardiner a farm of 19 acres in another part of the estate, but they refused, because, as they alleged, it had no house or fence, and was only a swamp. In this case also she obtained a decree. The publication of the reported facts has, it is stated, greatly diminished the public indignation and sympathy which the account of the attempt upon her life excited. -- - The Times, in referring to Mr. Bright's second speech at Birmingham, doubts whether he did not take away some-. thing from his previous speech, so overwhelmed did he shew himself by the difficulty of doing anything. He had been pressed very much by several speakers on the subject of University Tests, one of them reminding him that every member of the Cabinet had voted for their abolition, and that the Liberal party was as much united upon the point as it was on the Irish Church. But Mr. Bright began to count up the number of nights a University Bill would consume if introduced by the Government, and proved that a fortnight would in all probability be spent in getting it through the House of Commons. We miss something here of the audacity of success. The Land Bill must, of course, be the piece de resistance of the session, but it must be accompa nied with a certain number of side dishes, if only to shew that the Government can venture on something more than cutting down the Estimates. Nothing is gained by excess of caution. The Ministerial nights will pass speedily enough. and August will be upon us, if not before we are weary, yet before we can realise it, but the amount that will have been compressed in the meantime into the nights at the disposal of the Government will depend very much on the amount put forth at the beginning of the ses s ion as the work to be got through. If we cannot with 3lirabeau entirely renounce the word " impossible," it should be the last and not the first to issue from the mouth of a states man. Mr. Bright's reply to the deputation on behalf of the Fenians was remarkable for its admirable simplicity and directness of speech. If we could only persuade our selves that his words would be permitted to reach the peasantry of Ireland we should rest satisfied that they must touch their consciences and abate their malignity. He assured the deputation of that which no Englishmen could doubt that the reports of the indignities and sufferings imposed on the Fenian prisoners were absolutely fictitious. But, so far from there being any desire to treat them with harshness, every possible mitigation in their treatment had been conceded. It is no light matter, Mr. Bright declared, that men should rise in insurrection against the Govern ment of a country where the freedom of constitutional agitation is unrestricted. Freedom and peace must be main tained against all who endanger them, and it is im possible to liberate men who candidly avow that their first act of liberty would be an attempt to destroy by force the unity and life of the nation. The Standard remarks that by his constituents of Bir mingham and by his many admirers, Mr. Bright's first great speech as Minister was certain to be reckoned a success. We can perfectly well understand what his eight thousand auditors had come to hear, and we are not surprised that after two or three hours' speaking they remained content. It was inevitable that it should be so, whatever had been the matter of Mr, Bright's speech. He is so great a proficient in the art of talkingthat it is impossible, after five-and-twenty years' experience, that he should fail in a set oration. He is too great a master of his craft to make his success doubtful. Yet we venture to say that those who are able to compose themselves sufficiently to study the substance of Mr. Bright's speech, after sifting it from the extraneous rhetoric which forms so large a portion: of Mr. Bright's eloquence--the old, old compliments to his auditory as the most intelligent, the most incorruptible, and the most high-minded portion of the people of England—the ornamental platitudes about the beauty and the virtue of Mr. Bright's own cause—the well-worn sarcasms at all his enemies, and the perpetual references to himself and his achievements, will feel not a little disappointed, even as Liberals of Mr. Bright's own connection, at this Birmingham oration. If we comp to the substance of Mr. Bright's speech we shall find that it reveals nothing whatever of the intentions of the Ministry, and promises nothing of any of those things with the advocacy of which Mr. Bright himself has been identified. Of course, we are prepared to find that the burden of his speech should be a laudation of the Ministerial policy in Ireland. But we protest against his description of the results which have flowed from that policy. It would not be possible for a demagogue, especially after he has become tamed by office, to preserve his influence on a Birming ham platform if he debarred himself of these necessary arts—a dexterity in the use of which, combined with a singular power over words, and unabashed countenance, are, as they have ever been, the chief qualities of Mr. Bright as a speaker. So intelligent an observer as Lord Houghton could not says the Post, be present at the opening of the Suez Canal without having something to say in regard to it which, even after all that has been said and written upon this subject, would be worth listening to; and those who heard him give the Geographical Society the account of his visit and the results of his observations, had every rea son to be satisfied. Lord Houghton was one of few men who believed in the probable success of the Canal when it was first undertaken, and at the recent opening M. de Lesseps recognised hiss as having been " one of our Eng lish friends when friends were few." Lord Houghton speaks hopefully of the future of the Canal. Though a strong wind was blowing when he passed through it he did not notice any sand or any material which was likely to encumber it. Two millions .sterling more will be sufficient, in the opinion of the best engineering autho rities, to render it effective for all present navigable requirements. Even now it is perfectly navigable for s►uall vessels, and is likely to be of immediate advantage to the trade of Italy, Greece, and the Levant, though he thinks it improbable that either England or France will gain much by it for seine years. In a word, if the Suez Canal realises the expectations of its promoters, it will stimulate trade and commerce. It will give an impulse to industry, and will create employment. If it fails to do this, it will fail utterly, The Pall 2 / a ll Gazette thinks that the sudden and un expected death of M. Noir is one of those unhappy little mischances which Fate provides sometimes for the preci pitation of long-gathering and really momentous events. We have only to read the news from Paris to p( rceive that the pistol-shot which disposed of M. Noir in so sum mary a way went further—grazing a well-filled magazine; of explosive passions, and, for a moment, putting the peace of the city in imminent danger. The excitement pro duced in France by thi s mos t untowar d affiitr is not only considerable in its area and intensity— in these respects Traupmann's murders equalled it, per haps ; but the excitement is of an ugly and dangerous kind. Besides the trial of the Prince for manslaughter (for that is what the offence is called—he is not accused of murder), there will be the trial of M.Rochefort for treason. There seems to be little doubt that the Government will insist upon his prosecution, or that the Chamber will give the necessary authorisation. If this course is resolved upon, then we may confidently rely upon it that neither M. Rochefort's case nor that of the Prince Pierre Bonaparte will be disposed of without the generation of a great deal of unwholesome excitement in the popular mind. It would have been well, perhaps, had the Government allowed M. Rochefort licence for yet a few weeks more, hard as it must be to endure his virulence, difficult as it must be to bear his studied insults. But we suppose there is really no help for it now. The Government cannot well withdraw from the threatened prosecution of D.F. Rochefort; and, therefore, between an in• tolerable enemy and a most misguided friend, the Emperor has reason to look forward for yet more trouble. The Daily Yews declares that till the name of the Senator who proposed the resolution about annexing British Columbia is disclosed, we need not attach special value to it as an indication of American policy. That it should have been referred to the Committee of the Senate on Foreign Relations is in the natural course of events. That we shall hear any more about it is very improbable. A memorial, purporting to be largely signed by the inhabitants of Victoria, and praying for the in corporation of British Columbia with the United States, has been presented to President Grant. The logic of the framer of the memorial amounts to this, that Leexose some British subjects have settled in British Columbia therefore British Columbia ought to be annexed to the United e,tates. We feel confident that, if British subjects really had a share iu the movement, and took part in preparing this memorial, they would have put a different address en the cover. An application would have been made to the authorities at home before they at tempted to stir up strife by invoking the intervention of the United States. If the inhabitants of British Columbia have any grievances, let them be made known in the appointed and constitutional way. They have now under consideration a despatch, in which Lcrd Granville suggests that incorporation with the Dominion of Canada is the course which the Home Government think the best for them to adopt. In this case, at least, the bitterest foe of Lord Granville's policy cannot affirm that it is calcu lated to dismemb er t h e Empire. Till the feeling of the colonists is clearly manifested, and till a definite reply to Earl Granville's despatch shall have been received, the public may view with more amusement than apprehen sion the presentation of "bo gus " memor i a l s b y pilgrims from Vancouver's Island to the capital of the United States. The Telegraph observes that many a bon vivant, and many a the fisher of interesting and picturesque DAS ociati,ns, will experience something like a pan g on h ear i ng the news that the glorious old Star and Garter at Richmond has been burnt to the ground. Silver -winding Thames, which has for generations rippled past in view of joyous groups congregated in the garden, or holding; high revel in the saloons of that cheerful hostelry, on "Wednesday morning saw another sight, in the fierce flames which its waters reflected. Unfortunately, more than mere associations or memories have suffered by the event. There has been a sad loss of life ; the manager, who had but lately been appointed to the post, having perished. If, however, o ne circumstance stated in the accounts from tho scene is correct, it must be matter of congratulation that the disaster was net tenfold worse. Engines were on the spot, and to spare ; but, in sight of the Thames, there was no water to be had, and a message had to be sent M , to Battersea b e f ore a su pply could be procured. as there no hese to be attached to the thirteen engines standing thfre mer e useless lumber for want of the suing fluid ?''Water, water everywhere, yet never a drop to be had short of Battersea! To cap the climax, there wee no fire-escape; vested rights, or some equally formidable enemy of indispensable improvements, having prevented the acquisition of such a machine a year or two ago. When the inquiry takes place, it will, of course, be ascertained whether Richmond is really depen. dent on a water inspector at Battersea for access 40 a main, in the event of fire; and whether the district could not find an out-of the-way corner in which to lodge a fire escape against the next occasion when human beings may he seen on the second storey of a burning building, able to lower down others, but with no means of safety for themselves from the flames behind,.except a perilous lest ihrwarcl, LAW AND POLICE. THE FAMILY ENDOWMENT SOCIETY.—The Lord Chancell lor and Lord Justice Giffard have given judgment in tho Court of Appeal, on the appeal from the order of Vice- Chancellor James to wind up the Family Endow ment Society. The petition was originally presented by Major-General Pitt, one of the accountants of the Family Endowment Society, which was one of the many societies amalgamated with the Albert, and the question was whether the collapse of the Albert had released the shareholders from the obligation to pay. The Vice-Chancellor held that the smaller society had not ceased to exist so as to prejudice the rights of its creditors, and the full Court of Appeal has sustained this decision. CHARGE OF ARSON.-At the Central Criminal Court, William Seamark, a cabman, was charged with setting fire to a stable belonging to William Shuther, a cab proprietor. The prisoner was a driver whom the prosecutor had re cently discharged. When he was arrested he said it was not half a fire, and he wished the whole lot was on fire. The jury returned a verdict of guilty. The prisoner was sentenced to penal servitude for seven years. ROBBERY AT. TILE AMERICAN MINISTER'S.-At the Liver pool Police-court, two young men were charged with being concerned in the late robbery at the London residence of Mr.. ➢Motley, the American ➢Minister, when jewellery and plate to the amount of £2,000 were stolen. They had offered in pledge to a Mr. Cohen a statuette of Victory, which was of massive silver, and being suspicious of the affair he called in the police. The prisoners were re manded. A rICTIME CASE.—An action has been brought, in tho Second Court of Queen's Bench, against the widow and executrix of Mr. Flatou, picture dealer, of the Haymarket, for the non-delivery to the plaintiff within reasonable time of 200 engravings of Frith's " Marriage of the Prince of Wales." The defendant pleaded that a reasonable time.had not elapsed. It was stated that her Majesty had stipu lated that she should have the original picture, and the engraving was to be struck off from a copy. As there were some 189 figures in the picture, it was a work of time and until the picture was finished, it was apparent that the engravings could not be taken. A conference took place, which resulted in the case being postponed for a consultation with Mr. Graves. A SLIT INTOLVING £lo,ooo.—An action has been brought against Barclay and Perkins, the brewers, to recover £10,400 for malt supplied. It was decided against them in a City court, and a motion for a new trial has now been made in the Court of Exchequer. The defendants' argument was that one of the firm of maltsters was in New Zealand, and that his partner had assigned the business to the plaintiffs, as trustees for their creditors, in his absence. When the partner in New Zealand returned he might disallow the acts of his partner, and claim the money again. They had offered to pay if they received an indemnity against any future claim. The court thought that the defendants were quite right in defending the action in order to obtain the security of the judgment of the court, but they must submit to a verdict against them. Dauber, the absentee, was bound by the act of his partner. He might, perhaps, file a bill in Chancery, but as regarding an action for goods sold and delivered, the defendants had n• answer in law. Rule refused. TILE NEW CROSS AconENT.--The New Cross accident has been again brought before the Secondaries Court at Guildhall. About a month ago a man named Plank obtained a verdict for £1,130 as damages from the Brightom Railway Company. The latter, deeming the sum exces sive, obtained another inquiry. A large propor tion of the claim was for alleged loss on the sale of a public-house, and after hearing several witnesses, the jury gave a verdict for £630 inclusive, being £5OO less than the former verdict. ArrExtpTED ➢lulnuß.—At the Central Criminal Court, John Alexander, a respectable-looJcing man, aged 47, was indicted for attempting to murder his wife. The prosecutrix, who was a professional singer, had excited tie husband's jealousy by her conduct. The jury,although they found him guilty, also suggested extenuating cir cumstances. The Judge, whose charge shewed evidently that he entertained similar views of the case, discharged the prisoner on his entering into recognisances to keep the peace for twelve months. THE OVEIiEND AND GURNEY PuosEcunoN.--Mr. Daw son, solicitor in the Overend-Gurney prosecution, has sued Mr. Moir, one of the counsel, for the delivery of papers. The case came before Mr. Justice Willes, in Chambers. It was stated that Mr. Moir had been paid 123 guineas, one moiety by Mr. Dawson and the remainder by Dr. Thom, and was willing to surrender the papers. The judge said the rapers should be given up, but that the action ought not to have been brought. The _Eastern Budget says that great festivities have taken place at Cattaro to celebrate the suppression of the Dalmatian insurrection. The municipality waited upon Count Auersperg to thank him for the amnesty granted to the insurgents, and express their loyalty to the Emperor. The town was illuminated in the evening. We learn that the Emperor of Austria, on reeeiv ing the reports of the majority and minority of his Cabinet on the present crisis, sent an autograph letter to each of the Ministers, informing them that he has received their resignations, but that he desires they should remain in office for the present.—Eastcr it Budget. SONGBOOKS IN PARIS.—How fond must the French be of popular street songs ! It appears that the penny songbook represents a must flourishing trade. No less than 27,000 penny songbooks are sold every day throughout France. What is still more surprising is the immense number of persons engaged in the trade. It is the custom for a man or a family of beggars to procure the song books and tramp the whole country round singing the songs in them. This attracts attention, and then they sell the little books. The singers in France number about 800,000. They may be divided into three great orders ; those at fixed posts, the tramps who wander about and sing in the streets, and those who freqeunt the low eating-houses. The song-book which has sold the most is one containing the Femme a barbe, which Theresa made notorious. This song,however, is of German origin.—Daily News. THE BILLIARD CHAMPIONSHIP OF ENGLAND.— The arrangements for the contest for the Billiard Cham pionship of England are rapidly approaching completion. The match will, in all probability, be played in St. James's Mil, London ; and two more able exponents of the science of the game never took up the cue than John Roberts, the present champion, and William Cook, his antagonist. The approaching meeting will be invested with unparalleled interest. For eighteen years Roberts has stood unchal lenged at the head of his profession, and it seems reason able to suppose that during this time he must have lost some of the accuracy of sight and execution which made him so formidable an opponent to the American, Starke, and frightened Johnathan Re:afield from meeting him. Cook's career has nut been so long, nor is he so old as was Roberts, when the latter aspired to the championship, but he has already acquired a reputation which his performances fully justify. As the manipulator of the four highest breaks on record, and the scorer of 1,00) points in one hour and thirty-three minutes—an unequalled performance, Cook must certainly prove himself a dangerous opponent. The advantage of youth which he possesses will in all likelihood cause him to be the favourite. It has been arranged that while balls of the same size as at present, being 2 1-10 inches in diameter, are to be used in the match, there i# to be a reduction in the size of the inWid§_i_g_thrCq lack; at the l_a_U o 4 fHE SUN, LONDON, THURSDAY' EVENING, JANUARY 13, 1870. FOREIGN NOTES. THE NEW BISHOP OF MANCE4SV43 4.7 Mr. Gladstone has recommended to - the Queen N. ,2 lip pointthent to the Bishopric of Manchester the Rev. ! Unita Fraser, MA., Rector of Ufton . Nervet Rectory, near Read ng. Mr. Frasef is, aboutp-years of age, was educated at Lincoln College,'Oxforde of which college he was a scholar, and graduated B.A. in 1840. In 1839 he won Dean Ire land's scholarship, and came out first class in classics tor , ther with Professor Jowett and Sir Stafford Northcot e. He was elected a fellow of Oriel in 1842. In 1846: he Was ordained deacon, and in 1847 priest by the Bishop (Wilberforce) of Oxford. He became tutor of his college in 1842, and held the post for five years, when he was appointed to the college living of Cholderton, near Salisbury, worth £244. He held this small in cumbency for thirteen years, and during the last two years of that time-1858-60--he was appointed Chan cellor of Salisbury Cathedral by the late Bishop, Dr. Hamilton. He was also appointed Prebendary of the same cathedral, and chaplain to the same bishop. In 1860 Mr. Fraser was presented by Oriel College to another and more valuable living—that of Ufton Nervet, which he now holds, and which is worth £520 and a house. The parish nas only a population of 368, and therefore offered little .cope to a man of Mr. Fraser's ability and energy. Bishop Wilberforce appointed him Diocesan Inspector of Schools. In 1854, and again in 1862, he was nominated select university preacher at Oxford. When the Royal Com mission (presided over by the late Duke of Newcastle) was appointed to inquire into the condition of primary educa tion in this and other countries, Mr. Fraser was asked to undertake the important task of investigating the con dition of education in Canada and the United States. He paid a visit of several months to these countries, and published the result of his inves tigations in a Blue-book, which has every merit but that of perspicuity. Mr. Fraser has written frequently, chiefly on educational subjects, in the lay and in the religious press. In theology he is not a partizan. The fact that he was appointed to offices of trust by the late Bishops of Salisbury and Oxford would indicate that he is not a Low Churchman. We believe that he is a somewhat High Churchman of Broad sympathies ; and that he owes his appointment in no small measure to the strong recommen dation of the present Bishop of Winchester. Mr. Fraser is the third clergyman taking a deep interest and a pro minent part in educational reform who has received pre ferment at the hands of Mr. Gladstone. The two others are Dr. Temple, who has been appointed Bishop of Exeter, .nd Dr. Lake, who has been appointed Dean of Durham. The two last were members of the Royal Commission ap appointed to inquire into the condition of endowed schools and middle-class education. The appointment of Mr. Fraser appears to be received with much satisfaction in Manchester. MRS. STOWE'S " VLNDICATION OF LAM' I3YRON.' The New York papers of thee:3oth ult. contain the introductory chapter of Mrs. Stowe's vindication of Lady Byron. It runs as follows :--" Tho interval since my pub lication of ' The True Story of Lady Byron's Life has been one of stormy discussion and much invective. I have not thought it necessary to disturb my spirit and confuse my sense of right by even an attempt at read ing the many abusive articles that both here and in England have followed that disclosure. Friends have undertaken the task for me, giving me from time to time the substance of anything really worthy of attention which came to view in the tumult. It appeared to me that this first excitement should in a measure spend itself before there would be a possibility of speaking to anypur pose. Now, when all would seem to have spoken who can speak, and, it is to be hoped, have said the utmost they can say, there seems a propriety in listening calmly, if that be possible, to what I have to say in reply. And, first, why have I made this disclosure at all ? To this I answer briefly, because I considered it my duty. to make it. I made it in defence of a beloved, revered friend, whose memory stood forth in the eyes of the civilised world charged with the most repulsive crimes, of which I certianly knew her innocent. I claim, and shall prove, that Lady Byron's reputation has been the victim of a concerted attack began by her husband during her lifetime, and coming to its climax over her grave. I claim, and shall prove, that it was not I who stirred up this controversy in this year 1869. I shall show who did do it, and who is responsible for bring ing on me that hard duty of making these disclosures, which it appears to me ought to have been made by others. I claim that these facts were given to me unguarded by any promise or seal of secrecy, expressed or implied ; that they were lodged with me as one sister rests her story with another for sympathy, for counsel, for defence. Never did I suppose the day would come that I should be obliged to so cruel an anguish as this use of them has been to me. Never did I suppose that—when those kind hands, that had shed nothing but blessings, were lying in the helplessness of death—when that gentle heart, so sorcly tried and to the last so full of love, was lying cold in the tomb—a countryman in England could be found to met the foulest slanders on her grave, and not one in all England to raise an effective voice in her de fence. I admit the feebleness of my plea in point of execution. It was written in a state of exhausted health, when no labour of the kind was safe to me—when my hand had not strength to hold the pen, and I was forced to dictate to another. I have been told that I have no reason to congratulate myself on it as a literary effort. 0 my brothers and sisters ! is there, then, nothing In the world to think of but literary efforts? I ask any anin with a heart in his bosom, if he had been obliged to tell a story so cruel, because his mother's grave gave no rest from slander—l ask any woman who had been forced to such a disclosure to free a dead sister's name from grossest insults, whether she would have thought of making this work of bitterness a literary success ? Are the cries of the oppressed, the gasps of the dying, and last prayers of mothers—are any words wrung like drops of blood from the human heart to be judged as lite rary efforts? My fellow-countrymen of America, men of the press, I have done you one act of justice—of all your bitter articles I have not read one. I shall never be troubled in the future time by the remembrance of any unkind word you have said to me, for at this moment I recollect not one. I had such faith in you, such pride in my countrymen, as men with whom, above all others, the cause of woman was safe and sacred, that I was at first astonished and incredulous at what I heard of the course of the American press, and was silent, not merely from the impossibility of being heard, but from grief and shame. But reflection convinces me that you were, in many cases, acting from a misunder itanding of facts, and through misguided honourable feel ing; and I still feel courage, therefore, to ask from you a fair hearing. Now, as I have done you this justice, will you also do me the justice to hear me seriously and candidly ? What interest have you or I, my brother and my sister, in this short life of ours, to utter any thing but the truth ? Is not truth between man and man and between man and woman the foundation on which all things rest ? Have you not, every individual of you , who must hereafter give au account yourself alone to God, an interest to know the exact truth in this matter, and a duty to perform as respects that truth ? Hear me, then, while I tell you the position in which I stood, and what was my course in relation to it. A shameless attack on my friend's memory had appeared in the Blackwood of July, 1869; . branding Lady Byron as the vilest of criminals, and recommending the Guiccioli book to a Christian public as interesting from the very fact that it was the avowed pro duction of Lord Byron's mistress. No efficient protest was made against the outrage in England, and Litter 3 Living Age reprinted the Blackwood article, and the Harpers, the largest publishing house in America, perhaps in the world republished the book. Its statements, with those of Black wood, the Pall Mall Gazette, and other English periodi cals, were being promulgated through all the young reading and writing world of America. I was meeting them advertised in dailies, and made up into articles in mago zines, and thus the generation of to-day, who had no means of judging Lady Byron but by these fables of her slanderers, were being foully deceived. The friends who knew her personally were a small select circle in England, whom death is every day reducing. They were few in number compared with the great world, and were silent. I saw these foul slanders crystallising into history uncon tradicted by friends who knew her personally, who, firm in their own knowledge of her virtues and limited in view as aristocratic circles generally are, had no idea of the width of the world they were living in, and the exigency of the crisis. When time passed on and no voice was raised, I spoke. I gave at first a simple story, for I knew instinctively that whoever put the first steel point of truth into this dark cloud of slander must wait for the storm to spend itself. I must say the storm exceeded my expectations, and has raged loud and long. But now that there i 4 a comparative stillness I shall proceed, first, to prove what I have jast been asserting, and, second, to add to my true story such facts and incidents as I did not think proper at first to state. TOTAL WRECK OF TUE STEAMER GAMBIA.— Thl.3 steamer, ono of the regular line Letween Aberdeen and London, foundered about twenty miles north of the Dudgeon Lighthouse, from ha-..inv sprung a serious leak. The crew took to the boats, und were rescued by the Russian barque Solon. They have since safely arrived at Aberdeen. The prosecution in the municipal bribery ease at Norwich promises to -be very protracted. The case against Freestone has not been yet concluded, and that against liardimeut has still to be disposed of. The bribes alleged to have.beon gives do not gpr ear t9.hare 'acceded •• . • RAILWAY AND OTHER COMPANIES. LONDON AND PROVINCIAL TEL/GRAPH. A special meeting of this company was held at the offices, 101, Cannon-street ; Mr. Howell pre sided. The CHAIRMAN explained that it was requisite to pass resolutions for the voluntary winding up of the company, and at a future meeting a proposal would be made by the directors as to the distribu tion of £60,000, which was to be raid over to them by the Postmaster-General. It was also necessary that certain resolutions should be adopted, reliev ing the directors of all responsibility, and there were also a number of accounts which the directors would require to see cleared off before they ceased to exist as a company from a legal point of view. It was of the utmost importance for all parties that liti gation should be avoided, and that it should not be a compulsory, but a voluntary, winding up. He con cluded by moving that the company be voluntarily wound up. Mr. AUSTEN seconded the motion. Mr. SIMPSON asktd if the distribution of the fund could not be made without liquidation, as all of them who had gone through the crucible of liquida tion knew the great expense of it. The CHAIRMAN regretted the distribution of the funds bad not been kept in the hands of Lord Saliq bury, but the directors had received a letter from a shareholder pointing out that their company was not included in the Act of Parliament, there being only three companies named in that Act, and there fore Lord Salisbury could not act as arbitrator, and they must therefore apply to the court for the ap pointment of an official liquidator. The directors had taken the opinion of eminent counsel, who also agreed in that opinion. Mr. FORD said he was the shareholder to whom the chairman had referred, and he was satisfied that the preference shareholders had been entirely overlooked in the arrangement made with the Government. The original stock of the company was £60,000 in £5 shares, and the preference stock was £lO,OOO of £1 each. The CHAIR !AN contended that the agreement with Mr. Scudamore on behalf Of the Postmaster- General had been entered into in strict accordance with the Act, and the shares were taken at the marketable price —£4 per share. He denied that the preference shareholders had been overlooked. A discussion ensued, in which several share holders concurred in the views of Mr. Ford. The CHAIRMAN then put the resolution, which was carried by a large majority. The proceedings terminated with thanks to the chairman. PROCEEDINGS IN THE COUNCIL. Our correspondent at Rome,writing on January 8, says " The opposition to the definition of the Dogma is deci- . dedly on • the wane, as the .difference was never on its truth, but as to its opportunity. The bishops most timid on the subject are beginning to see that the majority in its favour is one so immense that they will be a very small body of dissentients, and that their position would be a false one, con sidered from the Catholic point of view. The Bishops of Paderborn and Ratishon are taking a strong load among the Germans in' favour of this definition, the Transylvanian and Austrian-Hungarian bishops being the most opposed. Mgr. Stmssmayer is one cf the most eloquent and vigorous opponents, and is said to have astonished the assembly by his power of declaration at the last sitting. Whether, however, it was on the Dogma or not, we have not the slightest means of pronouncing, as the secret of the Aula is thoroughly kept. Mgr. Tizzani, Archbishop •of Nisitea, the historian of the Council, made a most eloquent answer to Mgr. Stres , mayer. He is blind, and in consequence of his infirmity spoke from his own place instead of mounting the tribune. Alla) e bishops render the highest testimony to the courtesy, moderation, and tact of Cardi nal Di Luca, the President, or as we should say, `Speaker' of the assembly. He is one of the most intelligent men in the Sacred College, and his diplomatic career at Vienna has been a great advantage to him in his present close in tercourse with the German element, and as he speaks French, English, and Spanish with equal facility, he is admirably adapted for his post. The duration of the Council seems likely to be longer than was supposed a month or two since, and we are beginning t) speculate on the probability of a second session next autumn and winter. The reforms of the religious orders, the questions of civil marriage, education, relations with the State, and Oriental affairs, all appears likely to entail an unexpected amount cf work on the fathers. In any case there will be a vacation of three months during the he at of July, August, and September. COUNT BISMARCK. Count Bismarck has not yet resumed the cares' of office and the changes which have lately been made in the Prussian Ministry for Foreign Affairs will tend to decrease his labours when he returns to his position. The Ministry for Foreign Affairs has been transferred to the North German Confederacy, and the Under-Secretary of State will in future receive the foreign diplomatists, and per form the business of a Foreign Minister. Count Bismarck will keep the title of Prussian Minister for Foreign Affairs and still exercise a control over the Foreign Department and Csioather branches of the Federal Government. THE ERIE RAILWAY. The railway litigation in the United States is still proceeding, and offers no very satisfactory prospect to those who wish to extr:elte them - ;elves from the toils of Fisk, Gay, Gould, and others of their class. At the end of the year these worthies, indeed, obtained a tempo rary triumph, which has materially strengthened their posi tion. One cf the shareholders of the Erie line brought a suit against Fisk and his cca ,- jutors, and on presenting his complaint to a New York country judge, who may be supi osed to have been out of reach of the machinations of the city, obtained an injunction removing the conspirators from the manage ment. This order was, however, defeated by the tactics of Messrs. Fish, Gould, and Lane, who obtained counter orders from other judges. The plaintiff applied to another court to get these ad verse orders nullified, wl en unfortunately the judge fell ill, and was t, mporalily replaced by one of those friendly to Erie. This judge, of course, decided that the order be had himself signed was valid, and that Ramsey, the plaintiff, had no right of action. Shareholders who would not look after their interests out of doors should not, he said, come into court for favours, and they were the persons to blame if bad directors were chosen. Consequently Messrs. Fisk and Gould remain at the Board of Derectors more firmly seated, it is feared, than ever. THEI WINNIPEG REVOLT. Accounts from St. Paul at the end of December state that the family of Governor 11I'Dougall have arrived there from the North. The Governor is expected to arrive shortly in St. Paul en route to Canada. It is said that he has had nothing to do with arming the Indians or inciting them to rise. At first Mr. M'Dougall was joined by the mass of the people, but they were deceived by some designing leaders who misrepresented the Governor's mission and won them over. The St. Paul despatch makes some comments on the Red River news received from New York, and denies the report that squads of filibusters are passed over the railroads within 200 miles of the British borders, the nearest railroad being 400 miles from the border. The Winnebagoes are advised to p.tt no reliance on such expeditions, as their existence is do ~ btf ul. BRITISH COLUMBIA. A telegram from IVa lington announces that on the 11th of January a resolution 1V8.9 introduced into the Senate to inquire into the expediency of transferring British Col , mbia to the United States as a condition of a treaty for the settlement of the differences between America and Er. ;lend. A despatch from IVaAlin,?,•on of the 30th u'.t., which apyeared in the .Neic York Herald, says that Vincent Colyer has handed to President Grant a memorial from Victoria in favour of the transfer This mill be followed by more of the same character from Nanimo and other places. The President has returned to Mr. Colyer a verbal reply that ho had read the memorial with great interest and sent it to the Secretary of State. Mr. Colyer also Chewed the memorial to Senator Sumner, chairman of the Committee on Foreign Rela tions, who, after reading it, said the movement was important, and could have but one termination. The memorialists are unwilling that their colony should be joined to the dominion of Canada, believing that such a change would not be to their advantage. They request that the President will endeavour to induce her Majesty to consent to the transfer of the colony to the United States HAYTI AND CUBA. The Neu" York Herald of the Ist gives news received from Hayti the day previous, bearing date the 20th December. The Revolutionists' war steamers, after trans porting troops to Goave, returned and blockaded Port-au-Prince. An attack on the port was made both by sea and land on the night of the 18th ult., when the land forces entered the city, driving the enemy before them in confusion. The revolutionary forces took possession of the city, while the vessels captured the Algonquin, Salnaves's war vessel, all the occupants being asleep. Salriave himself was in the city, but escaped to Fort Alexander, one of the highest points on the western side. He was in great peril but it was expected that the Consuls would protect him. The people of the city were rejoicing. From Havana we have accounts to the 31st December, when a sharp en gagement had occurred between the Imperial troops and the insurgents, twenty of the latter being killed, and sixty-six wounded. A quantity of ammunition and of provisions was also captured. The insurgents had burnt another plantation. Private despatches received at Washington announce the surrender of several detach ments of insurgents, and state that the Cuban cause is daily growing weaker. Valmaseda reports that 700 men, with their officers, laid down their arms, and that the chief, Coca, and all his men had surrendered in Remedios. TWE WED RIVER INSURRECTION. Mr. T. W. Chesson, secretary to the Aborigines Protection Society, writes to the Times to explain this latest of our colonial difficulties. He contends that the primary grounds of complaint on the part of the Red River people are twofold—first, that their country has been transferred to Canada without their being consulted in the transaction ; and, secondly, that the Dominion has endeavoured to establish a government which could not command the confidence of the people. He says it seems only reasonable that when the Imperial Government offered to hand over the Hudson's Bay territories to Canada, some attempts should have been made to ascertain the real feelings of the people. In deciding to appoint a nominated council at Red River, consisting of eight members only, two of whom were to be selected from the country itself, Sir George Cartier and his colleagues virtually announced their intention to withhold from the people those representative institutions which the latter deemed absolutely necessary for their security and progress. The Roman Catholics claim to have in America 7 archbishops, 49 bishops, 3 administrators sede vacant°, 4 mitred abbots, and 3,639 priests ; 3,669 churches and 2,573 chapels and stations; 66 theological seminaries, in which 1,159 students are preparing for the priesthood; 126 male religious institutions of other kinds than theological colleges or pure monasteries; 150 monasteries and male convents; 290 female convents with schools at tached; and 146 convents without schools, the nuns being of those orders which are devoted to works of mercy and charity. The Catholic population of the country is esti mated at 9,21..5,000. Fifty million envelopes aro sold annually, and stamped with the crest and address from upwards of '35,000 steel dies, at Parkins and Gotto's, who make no charge for stamping or cement ing, and, having only one price, undertake to supply the nobility and gentry with every description of writing paper and envelopes of the best and most fashionable kind, at extraordinari iy low charges. Monograms, crest, or address dies cut at less than half price. Coloured stamping reduced from 2s. to Is. per 100. Arms, monograms, and crests emblazoned. GO stompers, die sinkers, and engravers being kept upon the premises, all orders are exe cuted with great despatch. Dance programmes, invitations, at home notes, MSS. books, return thanks, bordered and overland papers, dish, dessert, and bouquet papers, and every description of - fancy and household stationery. Perkins and tigttn i map • - acturiza Its Vital hind A 949111400: - , METROPOLITAN STREET TRAMWAY. The general meeting of this company was held yesterday at the office, Old Jewry—Mr. W. Evans in the chair. The CHAIRMAN said that the meeting was held for the purpose of electing directors, in compliasce with the provisions of the Company's Act. The directors regretted that some delay had occurred in commencing the works, but ground had been broken and the works were now making fair progress. A most favourable contract had been entered into for the supply of 400 tons of rails and 200 joint plates, the first delivery of which had been made ; also for a large quantity of timber, sufficient for the con struction of the whole line, and is addition the paving of the entire line had been contracted for. Eight carriages had been ordered in New York, one of which had been delivered. The directors had entered into an arrangement with Mr. George Hopkins to superintend the construction of the works, upon terms mutually advantageous. The company was working on terms of amity with all the local authorities. Having now a good supply of first-class materials, the directors had every con fidence that the line would be soon laid in a solid and substantial manner. He moved the re-election of the retiring directors—Messrs. W. Evans, J. Humphreys, W. T. White, W. Morris, J. D. Ayers, and W. Sheldon. Mr. GRABHAII seconded the motion, which was adopted nein. con. The proceedings closed with a vote of thanks to the chairman and directors. MILLIVALL LAND AND DOCK. A special general meeting of this company was held yesterday, at the City Terminus Hotel, Can non-street ; Mr. C. 11. Parkes in the chair. The Secretary having read the notice convening the meeting, The CHAIRMAN said they had been called together to consider the propriety of authorising the direc tors to raise money for the purposes of the com pany. They had, in the first place, to construct warehouses at the dock for a company who had agreed to pay a fixed rental for them, in addition to the dues on a large business they would bring to the docks. The Dock Company were to be called upon to extend those warehouses from time to time when necessary, for which they would receive a further amount of rent. They would not be required to con struct more than half the warehouses during the present half-year. The cost of one-half of the warehouses required would be £36,000. This was one of the objects for which they were obliged to raise money, another object was to make a rail way into the dock premises. It was important that railway communication from the main lines of rail way should be extended to their property, to en able the company to let or dispose of their land. Unless they could show there was railway as well as water communication to the land they could not dispose of it advantageously for the company. The branch from the London and Blackwall Railway must come to their docks, and the Great Eastern Railway Company were quite ready to do their part of those works. The Dock Company would have to continue the branch railway alongside of the docks and to make the necessary sidings, which would cost about £lO,OOO or £12,000. After they got the railway extended to their land they would let a portion of it directly. Another matter was working capital, for want of which they were at considerable loss ; the directors had had to provide money on their own responsibility for that purpose, but it was not right that they should have to pro vide it. They had used revenue to some extent for that purpose, but it would be much better for the company's business to provide sufficient working capital. There were debts due which would have to be met, and he hoped they would enable the direc tors to provide what was necessary. They had powers to raise £490,000 on preference shares in 1866, of which £203,000 remained unissued. The com pany had a bill before Parliament that would not be passed before June next, and the direc tors wished for power from the shareholders to enable them to deal with the unissued pre ference shares by getting advances upon them. The company [would be in a much better position in 12 months' time than at present. Although the ac counts were not made up for the past half year, the net profit would be sufficient to pay the interest on the debentures, and 2} per cent. per annum on the £300,000, preference shares issued. When the rental of the whole of the warehouses came in the preference dividends would be paid in full. They would oak the shareholders, as well as the public, to tender for the unissued shares. He believed that the company's dock would become a good property, although there was at present great c Aripetition at reduced rates. A revival of trade and manufac tures would improve their condition considerably. lie concluded by moving a resolution authorising the directors to dispose of the unissued 5 per cent. preference shares to such persons, on such terms, and at such times as they might think fit. Mr. HEAD, a director, seconded the motion, which, after some discussion, was agreed to unani mously; and a vote of thanks to the chairman and directors concluded the proceedings. PALACE AND BURLINGTON HOTELS. The half-yearly meeting of this company was held yesterday at the Palace Hotel, Buckingham gate ; the Hon. G. Ryder in the chair. Mr. Dempsey, the secretary, read the report, which stated that the grosi receipts for the half year had been £17,829 as against £18,387 in the corresponding period of 1868. After deducting expenses there remained a net profit of £5,417, including a balance of £603 as against £4,385 in the corresponding half year. The directors declared a dividend at the rate of 6 per cent, per annum. free of income tax, and a bonus of 4 per cent., leav £7ll. The reserve fund was £3,971. The CHAIRMAN said that the result of the half year's working was very satisfactory, for although there had been a decrease of about £5OO in the gross receipts, there had been an increase in the net profits of double that amount, owing to the economy practised. Mr. NUGENT seconded the resolution, which, after some discussion, was agreed to, and a vote of thanks to the chairman concluded the proceedings. SOUTH AUSTRIAN, LOMBARDY, AND CENTRAL ITALY. The total traffic receipts on these lines for the year 1869, on 2,864 miles of railway, amounted to £5,594,375, or £1,953 per mile; and for the yeat 1868, on 2,652 miles, to £4,956,672, or £1,869 per mile, showing an increase of £637,703, or 12.1 per cent. BRAZILIAN STREET (LIMITED). The receipts for the mouth of November were 25,260 rnilreis (about £2,526), showing an increase of 6,166 milreis (or £616) over the corresponding month in 1868. The receipts from the Ist to the 13th of December amounted to 16,200 milreis (about £1,620). DEMERARA. The traffic receipts on the company's line for the fortnight ending the 11th December, 1869, amounted to $7,016, and for the (corresponding fortnight in 1868 to s7,ll7—showing a decrease of $lOl. VICTORIAN. The aggregate traffic receipts on the Victorian Government railways, 254 miles in length, amounted from the Ist of January to the 16th of September, 1869, to £408,418 ; and for the corresponding period last year on the same mileage to £389,105, showing an increase of £19,313. SOUTH-EASTERN. The gross traffic receipts on this company's lines for the four weeks ending the 18th of December amounted to £90,664, from which was deducted £2,946 for collecting and delivering goods, &c., leaving £87,718. To this was added £3,480 for rents and sundries, and £3,612 for steam-packet service; total, £94,810. From this was deducted the expenditure, including rates, taxes, tolls, Go vernment duty, and expenses of steam packet ser vice, £52,305, leaving a net amount of £42,505. The total receipts for the 20 weeks endiug as above amounted to £618,582, and the expenditure to £268,537, leaving a net sum of £350,045. SAN PAULO BRAZILIAN (LIMITED). The traffic receipts on this company's line, 86} miles in length, for the fortnight ending the 28th of November last, amounted for passengers, parcels, &c., to 10,130.740 milreis, and for goods, &c., to 73,095.800 milreis —total 83,226.510 ; and for the corresponding fortnight in 1868 to 63,534.100, showing an increase of 19,692.440 mil reis, or 31 per cent. NORTHERN OF CANADA. The gross traffic receipts on this company's line, from the Ist of July to the 18th of December, amounted to £71,007, and for the corresponding period in 1868 to £54,103, showing an increase of £16,904, or 31.2 per cent. SMYRNA AND CASSALA. The total traffic receipts on this company's line, 61 miles in length, for the 26 weeks ending the 26th of December last, amounted to £33,985, and for the corresponding period in 1868 to £39,798, showing a decrease of £Bl3. Tll3 U. S. FUNDING HILL. (From the Anglo-American Times.) Secretary Boutwell's Funding Bill is now ready for Congress. It provides for a loan of $1,200,000,000 in bonds of three classes, of $400,000,000 each ; the first running fifteen years, when the Government acquires the option of repayment up to twenty years, when the bonds become payable ; the second running for twenty years, payable in twenty-five; the third running twenty-five years, payable in thirty ; principal and interest in coin. Five- Twenties are to be received in exchange for the new bonds which are to be offered in Europe, purchasers to have the option of receiving interest in the United States or in Loudon, Paris, Berlin, or Frankfort as they may elect ; but the principal will be payable in America. The rate of interest is not to exceed 41 per cent. per annum, free from all taxes, deduc tions, or abatements whatever, except as regards residents in the United States, who are liable to the same tax upon the income derived from these bonds as the law may impose on that derived from other investments. The Secretary carried his bill to the Chamber for submission to the Finance Com mittee, but the Senate was iu one of its stormy exe cutive sessions, and Mr. Boutwell could not obtain a hearing. It is of interest even to speculate on the fate of this attempt to reduce the interest on half the U.S. Debt. We may take it for granted that Americans as a rule will not subscribe, for the simple reason that although they regard the secu rity as about the best in the world, twice that in terest can be got from a mortgage on real estate perhaps as secure. As it is, all te Bonds of the U.S. Debt are being rapidly absorbed by Europeans, and a financial journal, considered a good authority, says that the whole volume will soon have crossed the Atlantic. In Frankfort, a market relied on by Mr. Boutwell, our correspondent asserts, as does the correspondent of the '1 imes, that Germans will not invest at par in U.S. or any other 41 per Cent. Bonds, while good home securities yielding 5 per cent. are below par. It, however, appears to have escaped the correspondents that the absorption of a vast sum in those Bonds has itself tended to enhance the value of other German securities. Suppose the English converted their 5-20's into Bonds yield ing per cent., and then purchased much of the balance, the money thrown on the Frankfort market for investment, if the German holders of the 5-20's cleared out, would rapidly raise German securities. Our belief is that the success of Mr. Boutwell's financial operation will much depend on the tone of the English market, and that is mainly influenced by the view expressed in the limes, which has already severely injured English investors by its remarks on American credit. However ridiculously wrong in all its prognostications, it still appears as im possible to shake the faith of John Bull in his prophet asthat of an Indian tribe in its soothsayer or medicine man. Had English investors reasoned the matter out for themselves the common sense of tnost,with a little knowledge of North America, would have guided them aright. But they will not take the trouble, and they are turned about like a flock of sheep by the shepherd's dog. It is a fact that the Bonds Mr. Boutwell will offer are a better security than British Consols; for England might be sorely smitten, but the Republic cannot be ; for England is weighted with all she can carry, but the United States is not thus burdened; for England may be de creasing in wealth and power, but, even if increas ing, still in a degree not to be compared with the progress of the United States. The mild form repudia tion took in America of repaying the Bonds in the very money the Government got for them, which is there as legal as are Bank of England notes in England, has been scouted and denounced by the nation with au unanimity seldom seen on any public question, and after a full discussion had brought out all that could be said on the sub ject. There is as little chance of Americans as of the English repudiating, or in any form mulcting their creditors, which means that there is now no chance whatever. England would only do so if compelled by inability, a contingency barely possible, but with the United States wholly impossible. Years ago we asserted our belief in the superior security of U. S. Bonds to that of any other National Debt, and we think that many of our readers who then regarded what we said as a mere figure of sl.cech, intended to cry up the credit of the Union, regret that they did not receive it in the plain, 11.,nest sense meant. In the rise of some 14 per cent. within a year, and upwards of 20 since we thus wrote, the investor in 5.20's would have found something more substanti .1 than in merely congra tulating himself sn being ahead of his neighbour in correct information. When the elections were progressing in the winter of last year numbers of English holders were frightened out of their stock by the Times and its Philadelphian correspondent. If we estimated that the latter caused a loss of at least half a mil:ion sterling to certain English holders, would assess the amount at a low rate His object then was, to forward the interest of the Dent crate party, who desired to lower the credit of the country to bring the rule of the hitherto dqain 144 Itepub . licans into disrepute, and he used the Times as sn effective tool. " The new Congress," wrote that gentleman on the 10th Nov., 1863, " with the ex ception of the seven members of the House from New Hatnpshire and Connecticut, and a few of the Senators, is now chos en , an d the results show that he greenback party has a decided majority in the Representatives." Proceeding, he elaborately ana lysed the composition of the House, taking State by State, all carefully grouped into sections of the Union. For New England he gave 26 in favour of gold, and 1 for greenback redemption. From. the Middle States all the Democrats, lee said, are pledged to greenback payment, adding, " But it is probable that 3 or 4 of the New York Citymembers, when the pinch comes, will vote for gold payment, together with the entire Republican delegation from New York, New Jersey, Pennsylvania, Delaware, and West Virginia ; making 41 for gold, and 21 for greenbacks. The 33 Southern members, Republican and Democrat, will be for paper payment ; while probably many of them would oppose any pay ment at all if they had the chance. In th e W e st nearly every member has put himself on record against gold payment, and both the Republican anal Democratic parties in that section support greenbacks. Deven Western ,members, however, way vote for gold payment ; the other 83 will vote solidly against it. The four members from the Pacific States are put on the gold side of the question," and the correspondent's conclusion is that eighty-two Representatives would be for gold and 145 for greenbacks. On this, as usual the 7 rotes wrote a leader, representing that the coun try, in returning a majority for currency redemp tion, had pronounced in favour of that financial arrangement. We asked investors not to be guided by this, pointing out the object of the correspon dent as well as his errors of fact, and giving the reasons why " greenback redemption was not the policy of the people's representatives, nor of the Senate, nor of Grant. That it was inexpedient, indeed too plainly foolish, for men of ordinary ability to adopt, the Legislature being composed of men of ordinary ability ; finally, that there was not sufficient temptation for the measure, the wealth and progress of the country giving promise of ample means to meet all requirements." These were our words on the 28th November, 1868, in reply to the Times. The House met on the 4th December, and immediately passed a resolution by 154 votes against 6, declaring all forms of repudia tion of the national indebtedness odious to the Ame rican people, whose representatives will not offer to the national creditors a less amount than the Go vernment has contracted to pay." It was imme diately said, this is from the old Congress, notwith standing our assertion that the new was sub stantially the same as the old ; but the new met in March, and instantly passed a similar resolution, meeting again last month, and giv ing the coup de grace to the solitary repudiator found within its ranks ; the very representatives, of every shade of opinion, thus carefully classified, de nouncing as infamous the very measure for which the Times asserted there was a majority of nearly 2 to 1. With such a fact before English eyes (see Times, November, 1868), we ask, whether tbey will follow this financial guide ? 'We do not desire to prove how wholly erroneous were the other predic tions of the correspondent. A deficit in the re venue he clearly foresaw ; the election of Seymour he confidently announced ; all after " careful sur veys," and a parade of figures calculated to impress even the well-informed. We cannot, however, pass unnoticed a remark in a recent article of the Times comparing 5-20's with Consols, the former at 87, though paying 6 per cent., the latter at 93, while yielding but 3 per cent., which, it says, is the pub lic estimation of the relative security. In the first place, the arbitrary and absurd exchange valuation makes the U.S. Bonds appear some 8 or 9 per cent. lower than they really-are; in the next, the holder has to cash his coupon at New York,exercising an injurious influence on the value of the Bond in England; then, as an American loan, interest must be in propor tion to the value of money in that country. British Consols in America would not fetch 50 as a mere investment, nor will U. S. Bonds be voluntarily held in America at a lower rate than six per cent. The interest is not the measure of security as insi nuated by the 'l imes, imes but the value of money where the loan is floated. In England capital is cheap, and therefore London is the best market for the new Bonds. A writer from Edinburgh calls our at tention to a charge made in the limes against the States of the Union, that all except Massachusetts had in one way or another repudiated. This, as usual with that journal, is untrue. California, for instance, has always paid in coin ; many States have little or no debt at all, such as lowa ; others are new, and have not yet had even the opportu nity of repudiating. The South suspended after the ruin of the war, but is doing its best to meet its liabilities ; Virginia notably so, while Tennessee and South Carolina have lately introduced bills for the payment of their State Debts in gold. That there are States which raised loans abroad in coin, and paid the interest iti greenbacks, as did Pennsyl vania, we admit, but they are not only marked ex ceptiousibut daily growing more exc, ptional. Take, for instance, Governor Hoffman's message to the New York Legislature telegraphed ou Wednesday.* He urges le g islation to secure the payment of the principal and interest of the New York State Debt in coin,declaring that " the currency payment, which has been going on since 1863, has been a practice of bad faith and bad policy, and a virtual repudia tion." Supposing the Debt had been raised in the United States and not abroad, the interest being payable in foreign countries, it is open to question whether a Government is any more bound to repay in coin than is a mortgagee. Both, from a high feel ing of honour, may do so ; but when they do, there are those who consider it to be more a proof of a keen sense of honesty, than paying in legal tenders the interest on a loan borrowed and before paid in coin, is of dishonesty. If there was a suspension of specie payments in England, and Bank of England notes while remaining alegal tender fell in v.ilue, how many debtors would make up the difference when settling with their creditors? Not to do so far a loan raised abroad would partake of repudiation; but what about at home ?—and it is this to which the Times alludes with regard to some States. COURSE OF EXCHANGE. Amsterdam . Short ... n 184. ... 11 19 Do Rotterdam — ... 12 11 ... 12 1 Antwerp — ... 25 34 ... 25 42 Brussels Hamhurgh — ... 13 10} ... 13 11 Paris Ditto horseflies Frankfort-on-the-Main ... 1201 ... 120* Vienna — ... 12 65 ... 12 70 Trieste Petersburg hagen ... open _ Berlin 12 65 ... 12 70 2E} ... 281 9 18 9 2! "ID 1 ... 6 27} ... 6 28 Madrid.. Cadiz — ... 49 ... 491 Leghorn Milan — ... 26 75 ... 2e 77 Genoa Naples Palermo — ... 26 75 ... 26 77/ . Messina Du BARRY'S Delicious Health restoring Revels nte. rabica Food, which contains three times the nourishment of the est meat, saves fifty times its cost in other remedies, restores perfect digestion, strong nerves, sound lungs, healthy liver, re freshing sleep, functional regularity, and energy to the more enfeebled, removing speedily and effectually indigestion (dys pepsia), habitual constipation, diarrhoea, htemorrhoids, liver complaints, flatulency, nervousness, biliousness, fevers, sort throats, catarrhs, colds, influenza, noises in the head and ears, rheumatism, gout, impurities. eruptions, hysteria, neuralgia, irritability, sleeplessness, acidity, palpitatlon , heartburn, head ache, debility, dropsy, cramps, spasms, nausea, a n d s i c k ness , sinking fits, cone - hs, asthma, bronchitis, incipient consumption, scrofula, tightness of the chest, pains at the pit of the stomach, between the shoulders. &c. We quote a few out of PB,O 0 0 cures : —the Pope's health restored by Du Barry's Food, Cure No. 3.413. Rome, July 21, 1866. The health of the Holy Father Is excellent, especially since, abandoning all other remedies, he has confined himself entirely to Du Barry's Revali nta Arabica Food, of which he consumes a plateful at every meal. It has Produced a surprisingly beneficial effect on his health, and his Holiness cannot praise this excellent food too highly."—From the Gazette du Midi, July 25. Cure No. 9,832: "Of Fifty ykar: indescribable agony from dyspepsia, nervousness, asthms cough, eon stipation, flatulency, spasms, sickness at the stomach and vomiting. Maria Jolly. Wortham, Ling, near Diss, Norfolk Cure No. 47,121: Miss Elizabeth Jacobs, of Nazing Vicarage Waltham Cross, Herts, of extreme nervousness, indigestion gatherings, low spirits. and nervous fancies. Important Caution —Beware of the many unsav o u ry and more than sloppy imita tions to which with out aut h o rity, Baron Liebig's name is mo.t audaciously attached In:tins, at !s id; Ilb 2s 9d; 2 lb is 6d; 51b tls ; 121 b 221 24 lbs 4fl k leo Ito BlRBy's RDNALENTA RABIN. CitoooLlTs PoWsuslt is packed in tin canisters: for 14 cups at 2s, for 24 cups at 3s 6d, for .8 cups at 6s, for 2,8 cups at 30s, for 576 cups at 555 —being about one penny per cup. The 30s and 555 tins are sent free of carriage in England on receipt of Post Office Order.— Balmy Du Mousy and Co., No. 77, Regent-street, London; and all Grocers and Chemists. BIRTLIS. PRICE—On the 11th Jan., at Talley house, Carmarthen shire, the wife of D. Long Price, of a son. REYNELL—On the 10th Jan., at Ly ons d own, Fferts, the wife of %Y. Courtney Reynell, o f a daughter. MARRIAGES. li t GIIES - WItITLOCK - On the 11th Jan., at St. Leonard's, E xe ter, Colonel J. E. Hughes, late her Majesty's Indian Army. 17th Madras N. 1., to Caroline Gertrude, youngest daughter of the late Lieut.-General Sir George Whit lock, K.C.B. BLOUNT- Bncrtvx-- On the 11th Jan., at S t. Mary's Catholic Church, Knaresborough, Gilbert E. Slount, &q., of 1, Montagu-place, Montagu-spare, London, to Sophia Margaret Brown, second daughter of Samuel G. Brown, Esq., of Loftuss Hill, in the county of York. DEATHS. BRIGHTWEN—On the 9th Jan., at the Bank House, Great Yarmouth, Thomas Brightwen, Esq. PEMBROKE On the 1 th Jan., at 3, Montpellor-rovr, li'pckheath, Mr James Pembroke, aired 44. Londo : Prime 1 and Published ~y WILLIAM ANDREWS. of No. 12, Strand, Printer, at Pas SUN Office, 0. 112, tran d in the Precinct of the Saroy, in the Cotutty of Alitlilleaex. — Thuriclay,.Jazuary 18,161 Q. R D This Drize SOll t a Ages Vi 14, I ‘DVA.I , old 07 ble we ,rrne p . Consig eelebra Rowlett Whisk also be ntunbe of othe - Aser n's I ') ji Sr] recei, and Puri] TL mane A when nesse Ap other T I Th Fire The Bonn vain rend( leave thirt: T 111 this Ti enab ntma , helpl etree PV