The Sun. — London, England, 1870-01-25 00:00:00

TILE UNITED STATES FUNDING BILL. (From the Anglo-American Times.) The question is of great interest whether Mr. BOUTWELL can, after passing his new Funding Bill through Congress, float loans at 41 per cent. on the European markets. He intends to try, although grave doubts as to his success have been expressed at Washington by these best acquainted with the subject. We have already given a sketch of the proposed bill, and we have often stated the advan tages offered to the foreign holders of Five-Twenties to exchange them for the new Bonds ; but the differ ence is, we fear, too great between a Six per Cent. Loan and a Four-and-a-Half per Cent. Loan, more especially when the former is not at par, and the latter cannot be offered at less than par. The writer has asked some of his acquaintances who hold 5-20's What they will do, and those uncon nected with commei cial pursuits have, for the most part, answered that they would exchange for Four and- a-Half Bonds with the interest payable in Eu rope, arguing that their bonds bad cost them an amount which would yield upwards of five per cent , in their opinion a fair interest on a very good security. But this argument in reality is opposed to Mr. BOUTWELL'S success. Having bought low, and finding Uncle SAM a good paymaster, non-com mercial men are unwilling to change, and accept a loss considering themselves fortunate that by early investment the purchase has been, and will continue to be, remunerative. But it is doubtful whether the same people would buy at par United States Bonds yielding only 41 per cent. It may be taken for granted that a loan at such a figure must be almost wholly placed in London, for there is no other part of the world where such interest would be accepted. Many Germans may exchange their 5-20 Bonds, but few Germans will be induced to make fresh investments at the new rate, as their own Government loans and the best railway securities give more. The same may be said of Paris, where United States securities have never been in favour. To London alone can Mr. BOUTWELL turn, for in London alone a lender does not laugh at a bor rower who proposes to give him 41 per cent. Most securities pay more ; all Colonial Debentures yield a higher rate ; but then the colonies are steadily and persistently increasing their debts instead of de creasing them, as in the case of the United States. Some of their bonds, too, are of a questionable cha racter, for who that knows New South \Vales or Qieensland would consider their security sufficient. With India, however, an experiment is to be tried which will furnish a test to Mr. BOUTWELL. The Secretary of State for India has been informed by telegram that the Government propose to discharge a Five per Cent. Loan on the 31st of next March, allowing the proprietors the option of transferring their notes into a new loan bearing four and a half per cent., and running for 15 years, notices of transfer to be received at the Bank of England from the Ist to the 15th February. We grant that the difference is great between a five, and a six per cent. loan ; but the real question for an investor is whether the United States or British India suppli, s the better security. If Americans wished to bairn what the talk on repudiation and the eishonest aci of some States have done for their credit, they have only to contrast the price of a Federal loan with an Indian loan on the London market. In dian 5 per Cents. payable in London are 112, Four per Cents. more than 1001, while even the Rupee p tper till this announcement, yielding 5 per cent., payable in India ; was 106.. Here we have 4 per Cents., with the guarantee of the Indian Govern ment only, but payable in London, over par, and the Indian Government believes it can place an Indian loan at par, yielding 41 per cent., principal and interest being payable in Calcutta. This cer tainly is encouraging to Mr. BOUTWELL, for v. hat man, not profoundly ignorant of both countries, can believe that the-security of India is not inferior to that of the United States ? As regards the ability to pay, the Union stands foremost of all nations, proving the fact by that most indisputable of all arguments, iu paying the principal of the debt at the period of the greatest depression, immediately on the close of an exhausting war. It is not the abi lity of the Union that is doubted, but its honesty, its honesty, too, being doubted from the acts of some States, as well as the taint communicated to a coun try by the unchecked career of such men as FISK, GOULD, and Co. It is in vain to endeavour to separate, when discussing the subject with English men, the proceedings of the Supreme Court of New York with that of the Supreme Court of the United States. They see in the one only a grander develop ment of the other, and know nothing of the essential difference. In the same way the proceedings that wrecked the Erie, and the Atlantic and Great West. ern, extend to all United States investments; for in large monetary transactions this fact should never be overlooked, that it is the money of numbers which makes up the grand total and enables the one financial house to do the whole busi ness. Therefore it is the general opinion, however ignorant or unjust, which makes or mars the loan ; and, however honourable, as always has been the course of the Federal Government, the conduct of individual States (which it cannot control) endea vouring to escape the burden of their obliga tions, will reflect injuriously upon it. India is of all countries held by the most insecure tenure. There, an alien race rules over an immense popula tion, subject to constant wars, and forced to main tain a supremacy at sea as a necessityof the situa tion. No security can be really good not based on the willingness of the people for whom the money was raised to refund it. The overthrow of ti British Government in India weld wi. 0 Indian loans; ti ote t Foe ish, u, Egyp . . I/I i{• have the squie it the British Coloni,s, or proi: Germany, and certainly [JOc with the The difference is this : that the Government ea:. be wiped out, but the people cannot ; hence the dif ference to the investor, whether he is lending only to a Government or to a people. Essentially is this difference to be found between the loans to India and to the United States, making those to the latter infinitely superior. It is a singular fact, and one that ought to he brought to the atrention or VA. i; vestor, that the very discussion on has so injured`, he f_r,dit ot I : !7 “; 1 ,.. 6 , had it been under: toad, have raisc.ti ae,-1 the reason is connected wan our foregoing remark. If there be truth in ;Oka_ we say, that-a capitalist ought to lend to a people rather than to a Govern ment, be will see the- importance that the whole subject of the loan should have been discussed and the national course decided on by the people. The difficulty of the lender is to learn whether the people are parties to the loan. In war, the Repre sentatives or the Executive may have to borrow at once, and although the people are responsible for the agents they elect, what the discussion in the United States has done is this : it has irre vocably fixed on the citizens of the Republic the National Debt as repayable, principal and inte rest, in coin. Therefore it has conferred a better security than that given to the Bonds of any other nation. The Supreme Court of the United States has just ruled, with reference to taxation of the National Banks, that neither the currency nor the national bonds are liable to taxation, and that the national bonds are payable in coin, and bearing coin interest. Thus the discussion in the United States has extracted from the PRESIDENT, the Fede ral Legislature, the people, and the Supre me C ourt, the expression of one opinion, and if this does not fix the debt on the shoulders of the people, we do not know what can. The closer the subject is in vesti gated, the better will appear the security ef the United States Bond?, yet we believe it.jo be more than doubtful whether Secretary Bo2TIVELL can float the proposed loan. What be has to learn is the gross ignorance of the Uhited States prevail iug in Feigland, th: only country where the loan could float. It was but the other day a geneeman of large means, educated at Oxford, and connected with a high oflietil in America, asked us, " What are Five-Twenties ?" It was not that a mere explana tion of the term was required, but that the words conveyed no'idea to his mind. The time will come when U.S. loans at four and a half per cent. will be immediately taken in England, h u t our impres sion is that Mr. BOUTIVELL is now in advance of the time, and that he must be prepared for failure. MISCELLANEOUS NEWS, Tun cOMISIANDE.I-fll-CMEP. The Advertiser publishes a startling rumour, one which, however, is not unlikely to be true. Our contemporary states (to put the matter briefly) that the Duke of Cambridge has resigned his post of com mander-in-chief, and is to be Eucceeded by Lord Strathnairn. Reports to the sane effect have long been in circulation, and there is to doubt that the Government and his Royal Highress are entirely in . opposition as to the economical military policy which the former is carrying out. The most important point of difference is that of the double control. The Duke insists that the command of the army is the right of the Sovereip— so soon as.it is taken away the Crown ceases virtu ally to have power. He represents the Sovereign. Parliament, he thinks, has enough power in its hands hr the control of the finances. His Royal Highness, L Ic:refore, refuses to aid in any way the transfer of the army from. . his command to that of Mr. Card the representative of the house of Commons. Whether the Government is so determined that it takes no note of the Duke's protest, or his Royal f Ugliness feels, if overruled, the necessity of r'ignition time will decide. It was stated some lc back, apparently on his authority, that though oti to the Government scheme, he still meant to !. =k place. THE CONSERVATIVE LEADERSHIP. The London correspondent of the Manchester Miardian states that the difficulty as to the Con -, alive leadership in the Lords has been solved. veral of our contemporaries have settled the matter s ) often before that we are chary of accepting infer :nation which is not directly official. This writer assures us, however, that Lord Cairns has tnen asked to retain his place. On the whole if his torclship could be brought to consent, his retention would be about the best arrangement the party could m Ike. If one section won't have the Earl of Derby, t..1:1 the Marquis of Salisbury is impossible, Lord atirns is certainly better than either of the other p..)ers who have been named. THE ADDRESO. The first event of the political season is the Queen's Speech ; the second the address in reply to it. There is always much curiosity manifested as to who will move and second the address. uuour says that the Hon. Francis Egerton And Sir Charles Dilke will be the happy men this \'‘a.r. Mr. Egerton, the son-in-law of the Duke of stands cut as a singularity—he is a Anal in a Tory family. Of Sir Charles Dilke ;,)thing need be said, ho is so well known. He is M.P. for Chelsea, a good speaker, an advanced thinker, the author of " Greater Britain," and the After of the Athenceion. He is one of the rising :.en of the Liberal party. TILE SOUTHWARK CAMPAIGN. A. calculation in the Times gives 3,500 votes to Beresford at the Southwark election. This •.;ill leave 8,500 to the two Liberal candidates, assum that 12,000 electors out of the 18,000 on the register go to the poll. But such preliminary reckonings are never trustworthy. Who knows that this interesting contest will not evoke a greater number than 12,000 voters ? Mr. Odger's polling card is a novelty: It says :—"Mr. Odger respectfully solicits your support • a working man, for the assertion of the principle at the working classes, who constitute a vast majo .::ty of the people of this country, have a right to be ti. etly representod in the House of Commons." A fresh element has been introduced into this con ,.,st in the shape of an appeal from the Ladies' - '. , eiety for the Repeal of the Contagious Diseases %.-!.s. The committee earnestly request the Southr rk to assist them by refusing a vote to any candidate who will not support the repeal of the ob noxious statutes. SOME STORIES OF MALLOW. Tile Mallow election is not one of engrossing in ,orest, as neither of the candidates are very eminent, nor are any very important principles, beyond those usually involved in party contests, at stake. Yet some stories afloat as to the election aro worth noting. One of the Liberal candidates, the o - le, too, who is raid to have the best chance, is Mr. Munster. Now that gentleman stood at the general election for Cashel, and was defeated. An election petition followed, and the facts elicited showed clearly that Mr. Munster had by no means clean hands. Indeed the borough was so disgracefully corrupt that a. Royal Commission has just finished its inquiry into its electoral state. While (as the Pall Mall Gazette does well to point out) the report of the Commissioners is still pending, and Mr. Munster's share of culpability in the proceed ings of 1808 remains undecided, he presents him self before the electors of Mallow as a fit and proper person to represent them in Parliament. And the Mallow electors before whom he has pre sented himself are not altogether better than they should be. An inquest held last week reveals before the time some pretty little political doings. The coroner had to inquire into the death of a man named Stack, who died from drinking too much whisky. It turned out that the deceased was one of a lot of others treated ad libitum in the public-houses in which Mr. Waters (the other Liberal candidate) holds his com mittee meetings. The gentleman who ordered the whisky would say nothing as to where the money came from ; he would admit only that he ordered the spirit. This event ought to reduce Mr. Waters's chance. EDUCATION IN SCOTLAND. On Saturday the Lord Advocate of Scotland received a deputation from the Universities of Edinburgh and St. Andrew's touching the need for the Government to take measures to improve the burgh schools, so as to better prepare the students for the Universities. The Lord Advocate gave a more pre cise reply than deputations usually obtain. He believed that the Government would come to some decision on the subject of Scotch Education before the meeting of Parliament, and their conclusions would be made known at an early date. The deputation from the University of St. Andrew's urged that the entire question of Scotch education should be dealt with. THE VOLUNTEERS AND THE GOVERNMENT. The Northern Volunteer officers have had a meeting at Newcastle to consider the sugges tions of the Secretary of State for War in regard to the capitation grant. The chairman was. Sir Bedworth Williamson, Bart., M.P., who assured the officers present that Mr. Cardwell would not desire to force upon the Volunteers anything that w odd not be beneficial to them as a body. Each propo .,iou of the Government was considered at length t exception taken to nearly all of them. Al resolu tic.)i) .to the effect that the proposals and alterations in rin:.2.tion would tend to effect a large immediate reduction in the strength of the Volunteer force, and ultimately produce the certain annihilation of effi cient battalions, was carried by acclamation. GOVERNMENT AID TO SCIENCE TEACHING. A large meeting of science school managers, teachers, and others has been held at Huddersfield, under the presidency of Mr. Baines, M.P., to con sider the subject of the aid which should be extended by G overnment towards the advancement of science. A recent " minute" of the Department of Science and art seems calculated to throw discouragement on the local institutes, and to withdraw in some degree from the amount of encouragement Government has hitherto afforded to such educa tional schemes. Mr. Baines and other speakers laid down the principle, which was afterwards em bodied in a resolution and carried, that the extension of scientific instruction is necessary, if we wish to see the manufacturing prosperity of the nation main tained; and therefore State aid should be given liberally to such objects. THE BISHOPRIC OF SIERRA LEONE. M. Gladstone has been variously criticised about his offer of the Bishopric of Sierra Leone to Dr. Massingham, of Warrington., That gentleman was the most active among the :opponehts of the Irish Church Bill. Ile . preached = and lectured against it; he wrote -letters denouncing Mr. Gladstone ; and stun** the whole district in favour of the reoction of the measure. It was (said some) like heaping coals of fire upon his head when Mr. Gladstone promised to promote him. A little like it (others replied). Sierra Leone is a warm place; and it was very generous of Mr. Gladstone to endeavour to "pack off' such a man to the warmer latitudes of Africa. Whatever motive the offer be ascribed to, Dr. Massingham has declined it. THE LOSS OF THE SPRINDRIFT. The fate of this vessel will probably be the the cause of much controversy between State De partments. It will be remembered that the inquiry into the circumstances of the case took place before Mr. Patteson and the Nautical Assessors at the Green wich Police-court. The result was that Mr. Patteson, discharged the captain and blamed the pilot. Tho Trinity Board, although they did not acquit the pilot, censured the captain for negligence, Next, the Board 01 Trade reviewed the whole ease, and enaorseu the opinion of the Elder Brethren. They laid it down that the presence of a pilot does not akolve the master from all responsibility in cases where no local or technical experience is needed to prevent the loss of a vessel. Seeing his decision practically reversed, Mr. Patteson in self-def en ce communicated with the President of the B oar d o f T ra d e , an d l a id ksforo him in rather a hot corresponder.ci, a vindication of the judgment at Greenwich of himself and his nautical assessors. He quotes the clause of the 1 1 1erchant Shipping Act by which he formed his judgment. It enacts— " That no owner or master of any ship shall be answerable to any person whatever for any loss orslazuzLiicursonad._ or _lnca- THE SUN, LONDON, TUESDAY • EVENINiI3,I JANUARY 25, 1870. Facity of - any qualified pilot tietnig In enarge of such ship within any district where the employ- 1 ment of such pilot is compulsory by law." Mr. Patteson also enumerates cases, relevant to the present one, in which the decision of the court con stantly laid down the principle that, when a certifi cated pilot is in charge of a ship, no interference whatever on the part of a captain is to be allowed. •• ~. • CIVIL ENGINEERS AND " POTS DE VIN. A. very little while ago the civil engineers of this country were much incensed by a notification from the Government of India forbidding persons employed in the Public Works Department from takuig gra tuities from contractors, and implying that such wasa regular practice. The implication was indignantly repudiated by the English civil engineers. They laid a strong protest before the Duke of Argyll, who referred the matter to the Indian Government. The latter has now " explained " itsolf. The Indian Government meant no imputation against the profession. It is notorious, says the explanation, that civil engineers are often paid in England by com mission on the work done under their supervision, which commissions are considered a part of their legitimate gains. All that the Public Works Depart ment did was to forbid this receipt of commissions, without reference to illicit gratuities. The order to this effect was printed simply because none of the kind had previously been issued. It referred only to the regular practice of receiving payment by commissions, which is quite another thing from the acceptance of presents from contractors, to which it was supposed to aide. POLITICS IN TAMWORTIL. Mr. Serjeant O'Brien showed cause, in- `ea Conrt of Queen's Bench, on Monday against a rule fold information obtained last term against Mr. JamieA Elliott, of Tamworth, upon the affidavit of Edwin Hoop( •II was stated by the learned serjeant that since the tAecision of the learned judge on the last election much br id feeling had existed in Tamworth. The town was dig rided into the Sir Robert Peel party and the John Peel pai :ty, and in point of fact peace seemed to have dederted Vamworth since the visit of Justice. Mr Hooper was acx Mdidate at the election of town councillors, and some In abusive placards were issued on both sides, the party for wl Lich Mr. Elliott was attached being opposed to Mr.. Hoop( The fp rmer showed one of the placards issued , by o' le of his party to one of Mr. Hooper's supporters, an' 3 it was sought to make him responsible for a lab. though he had been in no way concerned in its peep aration o) issue. Mr. Henry James, Q.C., appeared oz • the othe? side. The Lord Chief Justice expressed an opiniot that the placards issued by each side were of an equal]; v abomin able character; and remarked that the fact that one side had put forth disgraceful attacks on pro minent persons did not justify others in follow ing their example. But Mr. Elliott did not appear to have been concerned in the preparation of the libel complained of, and he had not shewn it until some long time after its publication. Under all the circumstances the couxt re fused to make the rule absolute. It came out in the course of the argument that Mr. Justice Willes, the Ex chequer judge, had not escaped mention in the handbilk put forth on this occasion. THE RUPTURE BETWEEN 11ALY AND MOROCCO. The Gibraltar Chronicle of the 15th inst. has the following on this subject :—" Further particulars respecting the Ducaly affair in Tangier have reached us, which, as they come from a thoroughly reliable and impartial source, and supplement what has already appeared in the Chronicle on the sub ject, may not be uninteresting. First of all, the charge made against Ducaly is so shrouded in mys tery that nothing would be more satisfactory than that the man should be put on his trial, but it must be remembered that this charge has nothing to do with the present difficulty in the phase which it has now assumed, though it undoubtedly led up to it. Mustafa Ducaly was a Moorish merchant who pursued his business with great success in Gibraltar, stood .S 0 we'll with the Emperor Muley Abderrahman that certain privileges, especially large credits at the Custom-house, were granted to him, and finally retired to Tangier, where he appears to have been much respected. His brother limed, who was in his employ, whether as a partner or not is not known, succeeded to the management of the firm at the death of Mustafa, in 1859, conj dntly with the latter's son, Mahomed, and some time after this the firm had a dispute with Senor Merry, the Spanish Minister, which resulted in their lodg ing a personal complaint at Madrid. Mohamed Ducaly, who was once an Italian subject, but ceased to be so in the time of Signor Scovasso's predeces sor, Count Castellinard, when on a visit to Fez was suddenly thrown into prison by the Emperor on account of the non-payment of a large sum of money due from the firm to the Government, a dith culty from which he was extricated only on condition that neither he nor his uncle would put themselves under foreign protection. Notwithstanding this they applied to Signor Sco vasso to renew their privileges as Italian subjects, which he declined to do, at the same time - advised Mohamed Ducaly to go to Florence and try what the Government there would do for him. We come now to the murder of the Spaniard near Ceuta ; the first man suspected was a . Moor named Benhaka, a foreman over Ducaly's grounds in Algera, between whom and the Governor of that place a strong mutual hatred existed, and whether Benhaka committed the murder to bring the Go vernor into trouble, or whether he was charged with the crime out of spite, remains to be discovered, as also do the grounds which Senor Merry ha I for implicating Ducaly in the affair. Be it how it may Ducaly was arrested, and then the pre sent dispute between the Moorish and Italian Ministers commenced, and the conflict of opinions begins. Signor Scovasso, having received instructions from his Government by telegram, informed Sidi Bargash,theMorocco Minister of Foreign Affairs, that if the intention of the Moorish Government was to confiscate Ducaly's estate on his arrest, they must bear in mind that he was under Italian protection ; in answer to this warning, the partisans of Morocco say that Sidi Bargash replied that he did not con sider that either of the firm had any right to be treated as Italian subjects, basing his opinion on a despatch to that effect from Count Castellinard; the other side say that a distinct promise was made to Signor Scovasso that neither of the Dulcays should be removed from Tangier. Then followed what has already been published; the removal of Ducaly when Signor Scovasso was absent, and the stop page and return of the escort with the prisoner to Tangier, and here the Spanish Minister steps in to threaten that if Ducaly was not sent to the Empe ror he would break off all relations with the Moorish Government. Sidi Bargash, in this dilemma, leaned to the Spanish side of the ques tion, and Ducaly was sent away. Diplomatic re lations were then broken off between Italy and Morocco, and so the matter stands at present. The whole question seems to turn upon whether Mohamed Ducaly was or was not an Italian sub ject; but, at the same time, there is no doubt that the non-payment of their debts to the Moorish Go vernment by the Ducalys, of which it is but just to say that Mohamed Ducaly entirely disapproves, induced the Emperor to act in the first instance as arbitrarily as he did." UNITED STATES CONSOLS CLEARING CENTRES. (from the Anglo-American Times.) Mr. CHARLES BOWLES, of the Paris American Banking-house, has hit upon a novel system of con veying bydiagrarn au idea how telegraphic clearances would be effected in the issue he proposed of U.S. triple-currency Consols, and another bringing the various conflicting quotations of U.S. Bonds into their real harmonious unit of value. In the first instance he takes a map of the world ou MERCATOR'S projection, marked with the actual and proposed telegraph lines, drawing a circle for the U.S. frea sury, as a family tree commences with a progenitor. He drops from that a perpendicular to a long line marked on the right extremity with a circle for New York, and on the left with one for San Fran cisco. Between and to the right are Boston, Phila delphia, and Baltimore; while to the left or San Francisco side are St. Louis, Chicago, and Cin cinnati. Directly below the Treasury cii ale is New Orleans. Having thus disposed of the United States, he drops two lines, one from New York to meet another branch, and one from San Francisco. On the right extremity of the line below New York is Paris, in the centre Havanah, on the left Lon don. From Paris might be cleared Geneva, Vienna, Florence, Madrid, Brussels, Rome, Alexandria. From Havannah might be cleared St. Thomas, Valparaiso, Rio Janeiro, and Monte Video. From London, Frankfort, Hamburgh, Amsterdam, Bre men, Berlin, St. Petersburgh, Copenhagen. This disposes of the Eastern Hemisphere, when we are carried to the Western with San Francisco, as its clearing city. On the right of the line below the capital of the Pacific is Calcutta, on the middle Shanghai, on the left Melbourne. Through Cal cutta—Bombay, Rangoon, Singapore, and Batavia will clear; through Shanghai—Yokohama, Naga saki, Hong Kong, Canton, and Manilla ; through Melbourne—'Wellington, Hobart Town, Sydney, and Adelaide. £he lines by telegraph either exist or are in course of construction, which will bring into immediate communication nearly all the monetary centres as marked in the diagram, and this ingeniously shows how these U. S. Consols might be scattered over the world, and the interest regularly and conveniently paid. We have always thought that, Mr. BOWLES' letters on finance in fluenced the proposed action of the Secretary of the Treasury, who has thrown into a legal form their main features, but able as those letters un doubtedly are, forcibly expressing intelligent views, we believe that Mr. BOWLES errs on two points ; the one in not making a sufficient allowance for the ignorance of mankind, and the other probably arising from this—in being too sanguine. Knowing the security to be the best in the world, he cannot comprehend an ignorance which places it below that of India and of Russia ; ,neverchelca3 it exists, and has tobe taken into account. However excellent might be the system of clearance in cities remotely scattered over the globe, and the more remote they are the less is the chance that even Mr. BOUTIVELL'S offer of 4i per cent. will induce them, much less the 4 per cent., beyond which the Paris banker would not budge, the new bonds will not be bought. Elsewhere we have expressed an opinion, which is, that a four-and-a-half per cent. loan will not be taken in Atrerica, not even in the United States ; that it will not be taken on the Continent of Europe beyond the partial exchange of the 5-20 Bonds now held ; but that it will be taken eventually in the island of Great Britain alone, of all countries,though not at present, and be then eagerly taken, if not just now. The other diagram explains at a glance a subject which has caused many ridiculous mistakes. It is not often that General BUTLER blunders egregiously, but be did in his quotation of the U. S. Bonds on the London and Frankfort markets on the same day, which, as always given in our Money and Share List, seem to the uninitiated to differ widely. BUTLER actually thought there was a difference of 5 per cent. between the quotations, and that the differ ence was due, on the one hand, to English hostility to the United States, and, on the other, to German friendliness. The story of the Parliamentary ora tor who drew tears, some shed in sorrow, and a few from the knowing ones in convulsions of laughter, when describing how in one of Sir CHAS. NAPIER'S engagements in Scinde the ferocious doolies* descended from the hills and carried off the sick and wounded, was nothing to BUTLER'S mis take. But we are all liable to fall into a trap by these complications, of which we can furnish no better proof than in the repeated blunders of the Times. Mr. BOWLES'S diagram, simple as it is, is worth preserving, and it may enable some of our readers to detect the errors English papers so con stantly made when discussing this subject. * A dooly is simply a palanquin or kind of litter fur nished in large numbers to an Anglo-Indian Army for the conveyance of the sick and wounded. MINING ON THE PACIFIC SLOPE. This is one of the most profitable industries in the world ; yet schemers have managed to associate it with a taint of " wild cat," and have L iven iL a bad name by entrapping numerous investors, both in the Eastern States of America and in England, into bogus concerns, to the loss of the whole capi tal invested. Here is an extract from the last New York report on mining : —"Mining stocks are heavy, and the transactions continue on a very limited scale. Parties dealing in Colorado Stocks cannot be too cautious in purchasing, at any price, the swindling played-out stocks which are daily of fered." A California paper attributes the depres sion in mining enterprise to the' wild-cat" schemes and mismanagement, more especially in mines worked with foreign capital. Early in 1864, it says, when mining in California had become a paralysed industry, capital was sought in a new direction. It may be remarked that the writer attributes even iu San Francisco the collapse of the industry to the " odour of dead wild cats," and we desire our readers to noie this. Many sales of mining pro perty were effected at New York and other Eastern money centres, but not without a spice of the old breed of " Washoe wild cats." The writer is here alluding to the State of Nevada, and he goes ou to give instances how Eastern capital was expended. In one case a good property was purchased, a mill erected and kept running for two years, yielding $1,100,000 ; yet the company became insolvent, though the entire outlay on mill and mine ought not to have exceeded $600,000. Close by was another property on which $1,350,000 bad been expended on what should not have cost more than $500,000. Within view of the writer was a spot which had been purchased by another company, the lodes proving utterly worthless. Nevertheless, a 20-stamp mill was erected, although the practical miners of the district assured the managers there was no ore, and another " wild-cat" was bought at a princely price, and of course the company failed. On Lander Hill, hoisting-works were erected by another company on lodes a few inches wide, with power to hoist out the ore to the depth of 100 feet at a single draught, before exploring, which soon proved that one man with an ordinary windlass was sufficient. Numerous companies were engaged - in the work of development with a pay roll for "bosses" exceeding bylOOper cent that for workmen. By such means a few schemers did all they could to damage mining enterprise on the Pacific slope, and they so far succeeded that the first thought suggested to the mind of an Eastern man by a Paci fic mine is "wild-cat." If then a Californian " wild cat" could deceive Californians, and has caused the loss of scores of millions to New Yorkers, it is not likely that Cockneys will escape, and we desire to place them ou their guard, as mining enterprise seems to be reviving. In the richest soil weeds grow thickest, and the fact that mining on the Pacific slope is one of tile most profitable pursuits when honestly undertaken, has made it easy for the manufacturers of " wild-cat" to deceive the public. Two men bring out mines in London, the one a " wild-cat," the other a good pro perty, such for instance as the Eureka. The advantage the former possesses over the latter is, that he is untrammelled in his statements, having to draw for them only on that. fertile source, his imagination. Therefore there is no advantage want ing to the property he offers. Not only is the lode unequalled i.ll ore awl wealth of metal, but transport is perfect, wood and water abound, labour i 3 abun dant. Tht, other property, on the contrary, being a fact and not an airy nothing, has drawbacks. Considering that it has fallen() yielded some 25 or 30 per cent. on the capital for which it is offered for sale, it does not leave room for fancy's play, ill which the other is 80 lavish, of one, two, or three hundred per cent., and as the investor has no means of getting at the truth tie selects the ",vile-cat" which gives such boundless promise, and loses his capital. In London, what ought chiefly to be looked to is the firm which brings out the mine. Knowing the properties, and having ample means of obtaining information, the house cannot be deceived, cer tainly not in any working mine. Claims are often sold ; but these ought to be brought before the public as what they are—mere speculations, the re sult of which cannot be ascertained till the vein is well opened. On one point the public ought to be • warned, and that is to pay no attention whatever to the remarks about a mine which appears in the Money Articles of the daily papers. It almost in variably happens that the " wild-cats" are most favourably noticed; andAmerieans who know about mining matters on the Pacific slope sea puffs about concerns which they know to be mere swindles, but they cannot move in the matter, however disgusted they may feel. We would not have to go far from the present date for an instance in point, but we have already reproduced a remark of au American paper on the subject. Two or three very good mines have, however, lately been floated in London, and if the" wild-cats" could be " choked off," and such properties given fair play, a very profitable field would be open to English investment. It is often asked why Californians should come to Lon don for capital to work mines which they guarantee will pay 20, 30, or 40per cent; but the inquirers have little notion of the value of money at Sall Francisco. No man there, would look at a mine which he thought would not return more than 20 per cent., as he can get that interest on the very best secu rity. Supposing that a citizen of London could invest savings as fast as he earned them at 15 per cent. on a mortgage of freehold land, it would be iu vain to come to London for loans ; but as he can not get a third of the interest readily given on equal security in San Francisco, London ought to be a better market for the sale of a mining pro perty on the Pacific slope, and it is clear if " wild cat" be excluded ttiat it would be alike , profitable to the seller and the buyer, supposing the mines to be honestly and judiciously worked. The tele graph brings instantaneous intelligence from the Pacific sea-board, and the trans-continental rail road makes travel in that direction easy and speedy, so people ought not to permit themselves to be de ceived as readily as formerly. But it is almost impossible to prevent people filled with English prejudice from going astray iu these matters. For instance, nos long ago, there was a practical mining proprietor holding a high position in the State of Nevada, who visited Loudon with a large Lssort ment of ores, chiefly, from his own mines. He would have sold one or two good paying proper ties, but people preferred a company of which nearly all the Directors were lords. They bought shares on what bore on their face a well-watered stock, which of course collapsed, and neglected mines now paying large dividends. If an English lord, who perhaps does not know where the Great Basin is, is to be accepted as au authority on the value of a mining property in Nevada, the " wild cat" schemers have exactly what they desire. An amusing paper on " Pocket-Mining," written by Mark Train, is worth reproducing here to show what a lottery such mining is, although an established mine is not a lottery, the dividends being certain. " In one little corner of California is found a species of mining, which is seldom or never mentioned in print. It is cawed pocket mining,' and I am not aware that any of it is done outside of that little corner. The gold is not evenly distributed through the surface dirt, as in ordinary placer mines, but is collected in little spots, and they are very far apart and exceedingly hard to find ; bitt when you do find one, you reap a rich and sudden harvest. There are not more than 20 pocket-miners iu that entire little region. I think I know every one of them personally. I hayei knovin one of them to hunt patiently about the hill-sides every day for eight months without find ing enough gold to make a snuff-box—his grocery bill running up relentlessly all the time—and then I have seen him find a pocket, and take out of it a thousand dollars in two dips of his shovel. I have seen him take out $3,000 in two hours, and go and pay up every cent of his indebtedness, then enter on a dazzling spree that finished the last of his treasure before the night was gone. And the next day he bought his groceries on credit as usual, and shouldered his pan and shovel, and went off to the hills hunting pockets again, happy and content. This is perhaps the most fascinating of all the diffe rent kinds of mining, and furnishes a very hand some per tentage of victims to the lunatic asylum. Honest toil and moderate gains in shops and on • farms have their virtue and their advantages. When a man consents to seek for sudden riches he does it at his peril. [No charge.] Pocket hunting is an ingenious process. You take a spadeful of earth from the hillside and put it in a large tin pan, and dissolve and wash it gradually away until nothing is left but a teaspoonful of fine sediment- Whatever gold was in that earth has remained , because, being the heaviest, it has sought the bot tom. Among the sediment you will find half a dozen shining particles no larger than pin-heads. You are delighted. You move off to one side and wash another pan. If you find gold again YOU move to one side further and wash a third pan. If you find no gold this time you are delighted again, because you know you are ou the right scent. You lay an imaginary plan, shaped like- a fan, with its handle up the hill-4or just where the end of the handle is, you argue that the rich deposit lies hidden, whose vagrant grains of gold have escaped and been washed down the hill, spreading farther and farther apart as they wandered. Aud so iou pro ceed up the hill, and find at last, that 20 yards tIP the hill, your lines have converged to a point — single foot from that point you cannot find an y g old. Your breath comes short and quick, you are feverish with excitement ; the dinner bell way ring its clapper off, you pay no attention ; friends may die, weddings transpire, houses burn down, they are nothing to you ; you sweat, and dig, and delve with a frantic interestand all 'at once you strike itl Up comes a spade full of earth and quartz that is all lovely with solid lumps, and leaves, and spra,)s of gold. Sometimes that one spadeful is all ssoo. Sometimes the nest contains $lO,OOO, and it takes you three or four days to get it all o ut. The pocket miners tell of one nest that yielded $60,000, and two men exhausted it in two weeks, and then sold the ground for $lO,OOO to a party who never got $3OO out of it afterward's. The hogs are gOod pocket hunters. All the summer they root around the bushes and turn up a thousand little piles of dirt, and then the miners long for the rains ; for the rains beat upon these little piles and wash them down and expose the gold, possibly right, over a pocket. Two pockets.were found i n this way by the same man in one day. One bad $5,00 0 in it and the other $B,OOO. The man could appre ciate it, for he hadn't had a cent for about a year. In Tuolumne lived two miners who used to go to the neighbouring village in the afternoon and re turn every night with household supplies. Part of the distance they traversed a trail, and nearly always sat down to rest on a great boulder that lay beside the path. In the course of the thirteee years they had worn that boulder tolerably smooth , sitting on it. By and by two vagrant Mexicans came along and occupied the seat. They began to amuse themselves by chipping off flakes from the boulder with a sledgehammer. They examined • one of these flakes and fdund it rich with gold. That boulder paid them $BOO afterward. But the aggravating circumstance was that these ' Greasers' knew that there must be more gold where that boulder came from, and so they went panning uP the hill, and found what was probably the richest pocket that region has yet produced. It took three mouths to exhaust it, and it, yielded $120,000. Th e two American miners who used to sit on the boulder are poor yet, and they take turn about in gettiq up early in the morning to curse those MeXicans and when it comes down to pure ornamental cull mg, the native American miner is gifted above th e sous of uteu."-21nglo-American Times. SEWAGE UTILISATION. The committee appointed by the British Associa tion to investigate the sewage problem recently ap pealed to the different town corporations for assistance in conducting the experiments. A number of towns and private families have promptly answered and promised contributions towards the great cost of this undertaking. Devonshire has been especially forward—Plymouth, Devonport, Torquay, and Exeter having contributed. Amongst the other towns are West Hartlepool, Paisley, Coventry,Oxford, Penzance, Wakefield, Sc. The total number, however, is only twenty-five, which will not be sufficient. he com mittee accordingly appeal to the remaining corpora tions, adding that if the total be insufficient to meet the expense of the inquiry, the subscriptions will be returned. It will be disgraceful indeed if such an investigation be allowed to fall through. AN ECONOMIST AND PHILANTHROPIST. Mr. Samuel Bailey, who has just died, was once a fanious personage. Had his decease taken place some years back, it would doubtless have been uni versally discussed, and his life and writings made the subject of numerous memoirs. But moral philosophy is a department of know ledge that progresses and alters with the times, and even the deepest students of such subjects often outlive their fame. It was chiefly of moral philo sophy that Mr. Bailey wrote. Thirty-five years ago his a Rationale of Political Representation" was published, and was considered remark able for originality and acuteness. It has been superseded only by the later works of Mr. Mill. The importance of Mr. Bailey's " Considerations on Representative Government,' and "Dissertation on the Nature, Measures, and Causes of Value," is now more thoroughly recognised than it was at first. Many other works of interest to the student of metaphysics and moral philo sophy proceeded from Mr. Bailey's pen, such as "Essays on the Formation and Publication of Opi• nions," a review of "Berkeley's Theory of Vision,' "The Theory of Reasoning," "Letters on the Philosophy of the lluman Mind," In practice as in theory Mr. Bailey was ever at work. For nearly forty years he was chairman of the Sheffield Banking Com pany, of which successful enterprise he was one of the original founders. "Having no near relations," says the Sheffield Independent, " the late Mr. Bailey has bequeathed to the trustees of that town, of which lie was an inhabitant, the sum of £60,000, to be applied to the general purposes of the trust." WORKING MEN'S CLUBS The Amalgamated Carpenters and Joiners have met at Birmingham to consider the advisability of establishing a Trades Hall and Social Club for the members of trade societies now holding their meetin g s in public-houses. It was stated that there were fifty-four trade socie ties in Birmingham, which spent out of their funds for the use of rooms at publichouses on an average £3,000 a year, either in drink or direct money payments. It was estimated that the money spent by the members themselves on the occasion of their meetings could not be less than £9,000 a year. The Rev. H. Solly gave full particulars as to the working of similar clubs in London and Liverpool. He showed how beneficial they were in the way of economy and affording information, and pointed out the temptations to excess, caused by meeting at a public-house. A good representative provisional committee was formed to carry out the objects of the meeting- and to canvass the other trades of Birmingham for support. We hope soon to see other towns following the example of the Birmingham working men. LOCAL SANITARY DOINGS. Certain proceedings at Canterbury and Northamp ton throw a cheerful light upon the style in which our health legislation is interpreted and worked by local magnates. At the former place the persons in autho rity have had the refinement and discretion to esta blish the premises for carrying out the Contagious Diseases Act in the centre of the city. The inhabi tants have been so annoyed by the disgraceful scenes which have taken place that they have prepared a memorial begging the Government to remove the cause. A. day or two ago 60 women were summoned to this delectable institution. Their conduct, and the behaviour of an idle crowd which assembled, was of a kind to which the reporter's phrase of "better imagined than described" may be most fairly applied. At North ampton the guardians recently had the cool audacity to resolve that the Vaccination Act should. not be put in force in their district. They have just repented. A. letter from the Lords in Council, asking what the guardians were doing . in the way of vaccination brought them to their senses. They decided to enforce the Act, and so far the matter ends well. But what can we say of the crass stupi dity which can resolve and solemnly record that an Act of the Legislature, obligatory on the whole country, should not be carried out in a certain district How can healthy legislation work well in the hands of such persons ? DOES MALARIA GENERATE DISEASE? The lecture of Professor Tyndall on " Dust and Disease " seems likely to bring about a discussion, from which much valuable information may be derived. Lord hinnaird writes to the Dundee Adz:either expressing his disbelief that mala ria generates diseases. He thinks it only lowers the vital powers to such an extent as to render the human frame peculiarly sensitive to either infection or contagion. The noble lord gives his experience of being shut up with Dr. Angus in an air-tight chamber with a certain number of candles, in order to ascertain how long they could bear the effect of impure air. lle says they found the pulse to decline rapidly, a feeling of langour came over them, and in his case a headache, but followed by no bad effects. - Similar results, ho contends, are produced on the system by breathing impure air in close and ill-ven tilated dwellings of the poor. OIFERTORY GIFTS. rho rector of Stoke Newington, Nortffiondon, has just got to the end of a thirteen years' dispute with his churchwardens. The bone of contention was the offertory fund, concerning the application of which the rector had very cosmopolitan notions. He claimed a right to apply the money in aid of the poor of the parish, the schools, dispensary, district visiting society, curates' fund, organ fund, choir fund, Bishop of London's fund, missions, stained glass, and specialities. The churchwardens had much more restricted notions as to the proper uses of the offertory. The Bishop of London was appealed to, and has just given judg. mint. He decided that the money may be applied in aid of the parish poor, the schools, the dispensary, district visiting society, the Bishop of London's fund, home and foreign missions, and the Society for the Propagation of the Gospel, in such proportions as the rector and churchwardens may agree upon. The Bishop does not think the benefice ill-endowed, or he would have allowed the offertory to be applied to the curates' fund. THE NEW CHINESE TREATY. The committee appointed by the merchants and shipowners interested in the China trade has addressed a letter to the Chambers of Commerce requesting them to use their influence in opposing the ratification of the new Treaty with China. These authorities hold that the Treaty of Tientsin was favourable to British commerce; but its advantages are little improved by the new Convention, whilst in some respects they are deteriorated. In Article 3of the new Treaty it is agreed that British textile fabrics shall pay both import duty, about 5 per cent., and transit dues equal to half import duty, or about 2:1- per cent., simultaneously on importation, an.l that the goods shall thereafter ho exempt from all other taxes or charges whatever in the treaty port pro vinces. Now, this new import of 21 per cent. is to be levied upon goods taken for local consumption, which have previously been liable to no transit dues. In this case the 2!-: per cent. will be a clear addition. So it will, too, in some of the northern parts of China, where the transit dues have hitherto been very small. The good provisions of the Convention weigh nothing in the balance against this retrograde step. LIVERPOOL COTTON .11ARKET.-(THIS DAY) Sal©s probably 12,000 bales. The market was firm. LAW AND POLICE. A JITDGE'S FAITII IN A. JURY.—In the Court of gueen'B Bench on Monday, an application was made for a new trial of an action arising on a bill of exchange, on the ground that the defendant, against whom the verdict has been given, was not properly informed of the time of the trial, and consequently was not present. It was urged that if the defendant was allowed an opportunity of attending a different verdict, would be obtained, but Mr. Justice Blackburn, before whom the case had been tried, pointed out that the defendant coul( have no case, and expressed his conviction that even had the defendant been there the result would have been the same. His lordship added, "I would bet any money if it were proper or decorous to do so, that the jury would have found for the plaintiff." This remark caused much laughter in court, the learned judges on the bench heartily joining in the amusement. The Lord Chief Justice thought if there had been a real defence, the de fendant's attorneys would have known it, and a new trial was refused. ALLEGED PERJURY BY A VETERINARY SURGEON.—An application was made to the Court of Queen's Bench on Monday, by Mr. H. James, Q.C., for a rule calling on the justices of the petty sessional district for Malvern,Worces - tershire, to shew cause why they should not issue a sum mons against a gentleman whose name was not mentioned on a charge of perjury. The application was made on be half of Captain Vale, who was some time ago convicted by the magistrates in question, and fined, for cruelty to a horse by driving it when suffering from a wound. The charge was supported chiefly by the evidence of an eminent veterinary surge on sent down from London by the Society for the Prevention of Cruelty to Animals. Against this gentleman, Captain Vale subsequently endeavoured to obtain a war rant for perjury, and he applied to the magistrates at Malvern to issue the same. They declined, however, to do so, and also to issue a summons; azid the applicant complained that he had not yet had an opportunity of being heard in the matter, or of adducing the evidence of his - witnesses as to the condition of the horse said to have been ill-treated. He now sought to compel the Bench to issue a summons in ordtr that he might have an opportunity of stating his case. A lengthy argument took place as to whether the magistrates could be deprived of their discretion. The Lord Chief Justice and others of the Judges pointed out that serious injury might be done to respectable persons if magistrates were obliged to issue warrants or summonses of this nature, however frivolous the grounds of the demand might be. Eventually a rule simply to hear and determine was granted. THE DAGENHAM DOCKS COMPANY.—Messrs. Lewin and Co. applied on Monday to the Chief Clerk in Rolls Cham bers for the appointment of Mr. Curtis as creditors' repre sentative. The Chief Clerk said such an appointment was always left to the Judge. He adjourned the application accordingly. THE DUKE OF NEWCASTLE'S BANICRUPTCY.—JudgMent Was declared on Monday in the bankruptcy of the Duke of Newcastle. • The judge decided that by absenting him self from this country an act of bankruptcy had been committed. SUPPORT OF COUNTY PRISONS BY BOROUGHS.— A question, as to how far boroughs sending, prisoners to county gaols were liable to contribute to repair, alteration or improvement of such prisons, was raised by Mr. Gifford, Q.C., in the Court of Queen's Bench, on Monday, in skew ing cause against a rule for a a mandamus ordering the Corporation of Wigan to pay above £liPOO to the Governor of the Gaol at Kirkdale, near Liverpool. It was contended, in opposition to this rule, that the alterations and enlarge ments made in the prison had not been rendered neces sary by any unusually large number of prisoners from Wigan, and that there fore Wigan should not be charged with a portion of the expense incurred in making additions to the gaol, inasmuch as the Legislature only intended the boroughs to contribute to ordinary, not extraordinary expenses. The court were of opinion that both justice and equity required that the rural districts of counties should not bear alone the expense of enlargements in the county prisons, made necessary by the reception of borough prisoners ; but that the boroughs should pay a fair pro portion. - The rule was accordingly made absolute. A LIFE ASSURANCE CASE.—A claim on the General Pro vincial Life Insurance Company has been investigated by Vice-Chancellor Malins. The claim was made by Mr. Daintree, as executor of his wife, whose life had been insured with the company for £5,000. Mr. Daintree employed a Mr. Robinson ,to negotiate with the company, and one of the questions put in the com pany's printed form was, "Have you ever been proposed to, or declined, by any other office?" To this the answer was, " Have been, and still am, in corre spondence with other offices as to the amount to be insured." The fact, as alleged by the company, was that Mrs. Daintree's life had been refused by eight other companies, and under these circumstances the liqui dator resisted payment of the claim, in the winding-up of the company.—The Vice-Chancellor said it was an extraordinary case, in which it was difficult to say whether the assurers or the assured were more blameable. Mrs. Daintree's father and mother had both, it seemed, died at an early age, and she had lost a brother and two sisters by consumption. Mr. Daintreo, whose interest in his wife's property ceased with his life, wished to insure it for £20,000, and it was not disputed that eight applications to insurance offices had failed. The Hercules accepted the insurance with an increased premium. The present society consisted of only twelve members, and the whole amount of their sub scribed capital in May 1866 was £477. The company, said the Vice-Chancellor, has been described as a young and struggling one. He must rather view it as a company struggling to see how far they could impose upon the public. His Honour then commented severely on the conduct of the agent, and ended by saying that Mr. Daintree'szlaim had failed, the answer of the agent to the question referred to being intentionally evasive. THREE LADIES DROWNED IN LOCIILEVEN.—The Glasgow Herald states that three young ladies were drowned in Lochleven, near Kinross, on Saturday afternoon, while enjoying themselves on the ice. The occurrence was ob served by a number of persons, but as the ice was very thin near the spot, all efforts to save the unfortunate ladies were unsuccessful. The deceased were sisters, the daughters of Mr. Alexander Steedman, - a merchant of Kinross. Mr. Steedman's family were five in number, a son and four daughters, and they were the three eldest girls who have thus met their death. Two of them were to have been married shortly. A NEW VOTING MACHINE.—Some further par ticulars are given of the ingenious invention by a Berlin electrician for saving time in voting in the Lower Chamber of the Landtag. This instrument exhibits on three different dials, at the moment the vote is taken:—The votes in favour of the measure; 2, those opposed to it; 3, the sum of the favourable and unfavourable votes, which serves to check or confirm the previous numbers. Besides this, the instrument indicates on a slip of paper containing the names of all tho members how each of them has voted, and by means of an autographic apparatus any number of copies of this list may be produced with groat rapidity. Should it be demanded, the name of each member, and the way in which ho has voted, can bo made visible by means of a sort of valve, to every part of the house. The ..mode of employing this machinel Is the following :--A - sort of lover, resembling the lengthened hand Of a clock, is placed beside the seat of each. deputy,.. By means Of key which every member receives at thel.Snianingpf the 'swain; the hand can be directed' yea - won , " l`Terai noon as the % tutu,. President puts the question, Tho alectrij :agoarS,tno is rorkod )00109103akerlYaVat_ itYl—i It s taillo:: --, - - ._, U UlLs/ uJ IsX CJJAAv &j . Amsterdam Short ... 11 17 ... 11 171 Do Heti erdA to - ... 12 ... 12 1 aut werp ... 25 371 ... 25 42/ brussels tiatuburgn — ... 13 191. ... 13 11 Paris Ditto .. Ilarseilles Frankfort-on-the-Main ... 1201 ... 1201 Vienna — ... 12 Go ... 12 70 Trieste — ... 12 65 ... 12 70 -- Petersburg - 28% ... '28% ". Copenhagen.... ..... . Berlin ' ... 6 27% ... 6 28 Madrid.. ... Cadiz Leghorn ........... .... 26 75 .., 2e 20 Milan .................... ~ . ... 26 75 77 7/ . Jrenoa . ............. 26 75 .. Naples ... ... ......... 26 75 7i / Palermo .................... 26 75 ..• , Messina .................. 26 75 ... 26 " 1 Lisbon ......... . ........... 511 52 Oporto ................ . .... . 52 Rio J aneiro ............... New York ....... PRICE OF GOLD. the quotation ot gold at Vans is about at par, 0324 t short exchange on London 18 441. 151 per k e t,terita ncouiparing these rates with the Enghsti :tiint pr i ce of Os. Wad. per ounce tor standard gold, it appe.., iitA t old at the above price is slightly dearer in Paris than in LUMAJLi [ADVERTISEMENT. I —Holloway's Ointment and Pills! Rheumatic. Pains.—Many thousands of martyrs {rota rheumatism have found life but one long disease, and after consulting all the most eminent medical men in vain, an d trying all sorts of supposed remedies without relief, have grown weary of existence and have ceased to hope fo.t comfort on this side of the grave, until some lucky acc l ; dent has c a ll e d th e i r attention to Holloway ' s pills an ointment. These are genuine remedies indeed. Persons bedridden for months with rheumatic pains and swellings , after the ointment has been well rubbed into the parts affected and the bl oo d p ur ifi e d by th ese pill s , h ave found themselves restored in an incredibly short time to perfect health and ease. [ADVERTISEMENT. j =Consumption, and all nervous' bilious, stomach, awl liver complaints in every stage are mill aggravated and accelerated by drugs of every description, bu t perfe_tly curable by DU BARRY'S health-restoring ltevaleni ° Arabic°. Food, as proved by thousands of cases which had bee° considered hopeless; such as indigestion (dyspepsia), cone' , asthma, consumption, hr.bitual constipation, diarrhoea, all g-assrle derangements, hemorrhoids, liver complaints, flatulency, nor' vousnesa, biliousness, fevers, sore throat, diphtheria, catarrhs , colds, influenza, noises in the head and ears, rheumatism, gout, impurities, eruptions, hysteria, neuralgia, irritability, sleeplese ness, acidity, palpitation, heartburn, headache, debility, cramps' spasms, nausea and sickness even hi pregnancy or at sea, sink ing fits, bronchitis, scrofula, ti.. htness of the chest, pains at the pit of the stomach, and between the shoulders, &e. We quote a' few: -The Pope's health restored by Du Barry's Food. Cure No. 68,413 - "Rome, July 21, 1856. The health of the Holy Father i 8 excellent, especially since, abandoning all other remedies, he has confined himself entirely to Du Barry's RevalEnta A rabica Food' of which he consumes a plateful at every meal. It has produced a surprisingly beneficial effect on his health, and his El °lineal; cannot praise this excellent food too highly." —From the Gazette Mr. James Roberts, timber m du er M eh id a i n , tJtuloyf Frimley,eure No. isurr 4 e 6 3, , , n0. of thirty years' diseased lung , ' spitting of blood, liver derangement, and partial deafEa.q. Cure N 0.1,77 . Lord Stuart de Decies, Lord-Lieutenant of Nraterford 4 of many years' dyspepsia. No. 4'',83 . "Filty years: indescrilr able agony from dyspepsia, nervousness, asthma, cough, coo stipation, flatulency, spasms, sickness, and vomiting. Maria Jolly " Important Caution.—Beware of the many unsavoury and more than sloppy imit , ,tions to which, without authority; Baron Liebig's name is most audaciously attached. In tins, at s i,d; Ilb 2s yd; 2lb 6d; slb ls; 12 lb 220; 24 lbs 4 , s.—Also U BA.RBY's ituNALENTA RABICA CnoCOLATO PownEß is packed in tin canisters : for 12 cups at 2s, for 14 cups at 3s 6d, for ,8 cups at 6s, for 2cB cups at 3us, for 576 cups at 5 58 —being about one penny per cup. The 30s and css tins are sent free of carriage in England on receipt of Post Office Orden- - ; BARRY DU BARRY and Co., No. 77, Itegent-street, London; and all Grocers. and Chemists. BIRTHS. OunITT- On the 23d Jan., at Baiham, Surrey, Mrs. Chas• Cubitt, of twin daughters. GOWER —On the 22d Jan., at Titaey Park, Surrey, the Hon. Mrs. LOYOSOR Gower, of a son. MARRIAGES.' BRADEN— CRO:CFORD-011 the' 23d Jan., at St. Paul's, Old Brantford, Mr. Charles Braden, of Bermon.l,ey and Peckham, to Elizabeth, eldest daughter of Mr. dent' Croxford, of Breutford. Heed--CASE — On the 22d inst., at St. Helen's Church, Bishopsgate, MI. James Hagley, of York, to Elizabeth Frances, eldest daughter of Mr. Chas. Case, of Bishops" gate-street within. DEA77IS. FOWLER—On the 21st Jan., at Bedford, W. L. Fowler► Esq., aged 62. LONERAGAN— On the 20th Jan., at the residence of her brother, Mr. Frank Store, No. 10, Trinidad-place, Liver pool-road, Islington, deeply regretted by all who knee her, Mrs. Susanna Loneragan, aged 63. WILLIAMSON—On the 21st Jan., at Putney, Elizabeth, widow of the late J. G. Williamson, Esq., of Wands worth, aged 92. London: Printed and Published by WILLIAM ANDREWS, of No. 12, Strand, Printer, at THE SUN Office, o. lit, strand , in the Precinct of the Savoy, in the County of IlliddleseE! Tuesday, January 25, 1870. K r Al nerve tl LT ir Th's cele' P: zr. Medel Purf, - • gold in B the &gents t 8, G. UTT 14, BUS ‘DVANCE hold or Lei sble week - 13 Torrns free E STAI The rel fessional 1 weekly na blued witl establish This est nixed by 1 and it is Lady La• Can;line I All infc ten or per: Subicri Treasurer 'THE JE' receive A. and DU Pupils, fc The ai Manual al A publ when thi tressed. other par T HE The h Fire Rev The mnd Bonus! o P/11119 "118 render t: leave is thirty da 'THE of Upwtti this Hos Tha n enable tt nnmeror. helpless lianke street; t Water I\j - f ` , l Ri Under th whereby Girle of the kings The C;l3 ish edue, end lams wise pro suitable t Tho Cic entirely Often. 11,01 FUND. G R This establis] frea. Bank street, 1! Soo., I L° prevent - CON Messrs. mond, Hoare, Liverp r r iE Pres Treast nor solicito expeni at Wal QEII Natior The from N Mani' s SIT] Messrl lane ; E.C., I Qua GOVOT Office »rL. Ofl BE i For destit and prosp Ono Eititut Inc endoi assist Sul Instil its pe Tb Becre Ba: 8110; HEA: Stu for: foo Wa