The Sun. — London, England, 1870-07-18 00:00:00

MONETARY REPORTS.-SATURDAY. Now that:all'suspense with reference to the result of the dispute between France and Prussia has been removed the stock markets have been less excited, and although business has been by no means exhaustive, more disposi tion to enter into transactions has been manifest. Con siderable depression was apparent during the earlier hours of the day, in consequence of the uncertainty of the manner with which a settlement of the account would be ultimately arrived at. Eventually the tendency to de pression became less marked, and, although we have to chronicle a further reduction in the value of nearly all elasses of securities, the fluctuations, as a rule, have been much less severe. As regards foreign bonds the bulk of the alterations have been unfavourable ; but the decline has fallen far short of former occasions. Italian, Turkish, Peruvian, Brazilian, and United States Five-twenty Bonds have continued to exhibit signs of weakness, but Egyptian have been without further aiteration, whilst the belief, which is gradually gaining ground, that Spain will escape being drawn into the quarrel, has strengthened the inquiry for the 1867 and 1869 Bonds, and has led to a fractional recovery. Railway stocks have continued to be adversely influenced in sympathy with foreign bonds, a marked falling off in the receipts being expected to follow the anticipated interruption of our export trade. Without exception prices have given way, but the average decline has not exceeded per cent. It may not be out of place to notice here the depreciation in the value of the principal f oreign speculative bonds and railway stocks during the past fortnight, that is to say since the 2nd inst. The first public intimation of General Prim's proposal to offer the Spanish throne to Prince Leopold of Hohenzollern was recaived in this country on the 4th inst. At first the idea was regarded somewhat favourably, but the angry remonstrance of the French Government soon altered the complexion of affairs, and caused heavy sales to be made of all kinds of speculative stocks, resulting in an average decline of about 8 per cent. A reaction then ensued, consequent on the withdrawal of Prince Leopold from the dispute, a hope being then entertained of an amicable arrangement being effected, and an aver age recovery of 2 per cent took place. This tendency to improvement, however, was soon checked by the hostile attitude of France, a return of heaviness supervened, and the quotations relapsed below even their former low level. The actual declaration of war has not had any particular effect upon prices, in fact by removing all doubts as to the future relations of the contending parties, it has in some measure assisted in stimulating business. The following quotations shew the prices now current for the annexed stocks compared with the closing rates of the 2nd inst.:— Present price. July 2nd. Consols Money Do. Account Egyptian (1868 74 Italian 1861 ...... ...... 47 Mexican 89,1 e x div. 30* ex div. 29 15-16 ex div. 692 ex div. Peruvian 1865 Spanish 1867 2si ... Spanish 1869 25 ..... Turkish 1865 6- ... __ Turkish 5 per cents. 41 ex div.... 51116. Turkisn 1869 Brazilian 1865 9O U.S. 5-20, 1882 United States 1885 ... 85 Caledonian -2 Great Eastern 37 Great Northern A ... 128 k - Brighton ... ......... 38. North-Western North-Eastern Midland Metropolitan Great Western South-Eastern 7l' Lombardo The settlement of the account has now been concluded. That it has not been attended with the disastrous cir cumstances anticipated is generally admitted; but it is believed that the foundations of some establishments have been so severely shaken as to engender extreme caution with respect to future operations. Two further failures have been announced to-day, making a total of thirteen for the account. In addition, two well-known firms are stated to have been compelled to receive assistance to enable them to tide through their difficulties. A person who was unable to settle his differences has disappeared, and has taken with him a large amount of valuable securities. The consol market to-day has been without change of importance. Opening quietly, but without depression a few purchases raised the price to 91, 92 ; but there was subsequently a reaction, and the quotations returned to their former point—namely, 914, 91i, for delivery, and 91i, 91g, for the August account ; Reduced and New Three per Cents., 91i, 91i; Exchequer Bills, is. to 6s. Bank Stock has marked 233, 235 ; India Five per Cents. have been done at 111, 114 ; and India Bonds at 20s. to 255, prem. For Colonial Government Securities there has been very little inquiry, and no change has taken place in the quotations. Transactions in foreign bonds have not been numerous, and they have consisted principally of sales. Spanish, however, have been better, the 1867 bonds being quoted at 25 to 251, and the 1869 at 24/ to 25k. On the other hand, Italian (1861), at 47 to 48, have been lower ; Peruvian (1865), 1 at 86 to 88 ; Brazilian (1865), 1 at 90 to 901; Turkish (1865), 2 at 63 to 64 ; ditto (1869), 1 at 551 to 561; ditto 5 per cents., 1 at 401 to 41i ; Five-Twenty (1882) Bonds, lat 841 to 851; ditto (1885), lat 841 to 851; Egyptian (1868) are quoted at 74 to 75. The Spanish Quicksilver loan is quoted at 8 to 5 dis., and the Honduras at 1i to 2 prem. Depression has continued to 13e the feature of the mare ket for English railway stocks, and a further general de cline has ensued. Metropolitan has fallen i, or to 681 to 69 ; Brighton, I, or to 381 to 39 ; Caledonian, /, or to 75/ to 76; South-Eastern, i, or to 711 to 72; Great Northern (A), 128 to 129 ; Great Eastern i, or to 37i to 37i ; North-Western, 1., or to 126/ to 127 ; and North- Eastern i, or to 140 to 141. Midland, at 1271 to 128 k, and Great Western, at 68/ to 69, are unaltered. There has been very little inquiry for Indian Railway Stocks, and Canadian shares have commanded but little attention. Foreign shares have been dull ; Lombards have been i lower, at 13k,14. Bank shares have been dull, aed Imperial Ottoman, at 1,2 i prem., chew a further decline of Telegraph shares have been dealt in to a very moderate extent, and the transactions in miscellaneous securities have been restricted. There has been a strong demand for money to-day, both at the Bank and in other quarters, and very few transactions have been effected under the official mini mum. Capital has been freely offered. The sum of £47,000 has been sent into the Bank to day, and £lOO,OOO has been withdrawn from shipment to Belgium. The Bank of Prussia has raised its rate from 31 to 6 per cent. The report of the directors of the General Credit and Discount Company shows that the realised profits during the past six months, admit of the usual interim dividend at the rate of 5 per cent. per annum, free of income tax, amounting to £37,500. It is stated that the Albert Reconstruction Committee have appealed to the court to sanction an arrangement which has received the approval of the majority of the shareholders and policyholders. At the annual meeting of the Crown Life Assurance Company it was shewn that 828 policies for the sum of £426,620 had been issued during the past year, yielding £13,294 in new premiums, and that the nett funds were £1,126,281. The assurances in force amounted to £4,325,308, and the annual income was £178,374. The quinquennial were stated to be £82,576. At a meeting of the Thames a nd Mersey Marine Insu rance Company (limited), at Manchester, a dividend of 2s. and a bonus of 4s. per share, making, with previous payment, Bs. per share. or 20 per cent. per ann um, was announced, LONDON STOCK EXCHA.NGE.-SATURDAY. LATEST PRICES.-AFTER OFFICIAL HOURS. The prices under the lines indicate the business done. GCVERNMENT SECURITIES. Three per Cent Consols 911 911 Vict 5p c Jan & July 1894. 101 102 911 1, /, 1 Brazilian, 1865. 5p c .... 90 901 Do for Account 91, 2, / Egyptian, 1868, 7 p c.. .. 74 75 Three per Cent Reduced 911 911 74, 31, 41, 31, 11 911, 2 Do Rail Deben 7 p .. 97 99 New 3 per Cent 911, 2 481. 9, sg Exchequer Bills, March ls, 6spm Peruvian, 1885, 5p c Do, June 1% 6spm Portuguese, 1869, 3p c 3O 32 Bank Stock India 5 per Cents lll 1111 Russian, 1866, 5p c 111/ Do Nicolas 4 p c . India Bonds 2ls, 26spm 601. 8 26 par Spanish, 1867, 31)0 Can 6pc Jan&JulylB77-84 10311041 251, 4, 51, 41 1031 • Do, 1869, 3p c Do March & Sept. 105 106 25, 4 - ~, .. Do 5p c Jan & July .. 951 961 Turkish, 1854, 6p c . B5 87 96 Do, 1865, 5 p c Do Inscribed Stock .. 95 97 40, 12, 401, 40, 11 . 93 94 . 66 68 Dom of Can 5p c 1903 .. 97 981 Do, 1865, 6p c Ceylon 6 p c May and 64, 61, 5 November 1878 lOB 109 U.S. 5-20 Bonds, 6p c 1882 841 851 Mauritius 6 p c Jan and 851. 1 July 1873 lOl 103 Do do 1885 841 851 New S Wales 5p clB7l-76 100 101 85 1, 1, 1 101 Do 10-40 Buds, 5p c 1904 84 851 New Zealand 6 p c 1891 lO9 111 851 Do 5p c Do 5p c Consolidated 981 991 Illinois Central Shares .. 104 108 981 x d Atlantic and G W R Con Do 6p c Mar & Sept 1891 111 113 Mortgage Bonds 22 23 Do June & Dec 1891 109 111 23, 21 Vict 6 p c Jan & July 1891 112 113 DoApril & Oct 1883-85.. 111 112 1111 RAILWAYS. Bristol and Exeter B 5. 87 Grand Trunk of Canada Caledonian 6i, 6 7si 76 2nd Pref Stock 7 41 Great Eastern 371 8 Grand Trunk of Canada Great Northern Do A ___ . -1272128 f Great Indian Pen g 5 p c 106 107 . ... ... — - -- 129, 8, 8 - Great Western of Canada 141 15 Great Western 6B} 69 14/ 69, 8, 8 Do op .3 Bonds, 1873.. 98 101 Lancashire & Yorkshire 132 133 Do 5i do, 1877-8 97 99 132, 3 Do 5p c pref, issued 80 3 4pm Lon, Brigh, and S Coast 388 39 Madras guar 5p c Lon, Chat, and Dover .. 148 15 106 Lou and North-Western 1268127 N. Railway of Canada, 127, 8, 61,71, 68 6p c Ist Pref Bonds Lon and South-Western 89 31 Oude and Rohilkund g 90 5 p o Man, Shef, and Lincoln 468 47 1048, 4 47, f Strode, Punjaub, and Metropolitan 69, t 87 1041, 8 Midland 1273128 Bahia and San Francisco 128, 71, 88, 78 g 7 p c North British - 2 21 North-Eastern Consols 14011413 Buenos Ayres Gt Sthrn.. 25 26 1418 Dunaburg and Wltepsk 178 188 South-Eastern 7ll 721 Dutch-Rhenish 22 23 Atlantic and St Lawrnce 79 81 Eastern of France 228 23 Bombay, Baroda, and Great Luxembourg Central India, g 5 p c.. 105 106 . 1 13, 7 105, 8 Lemberg Czernowitzgua Buff & Lake Huron Pref 4 5 7p c l5B 163 Do 58 p c Bonds, 1872-3-4 80 83 Northern of France Cape guar 6p c East Bengal guar 5p c lO6 107 Recife and San Francisco 106 (Limited) guar 7p o .. 16 17 East Indian, g 5p c 110, 7, 9,108 San Paulo (L) guar 7p c 21 21k Grand Trunk Canada Do Equip Mort Bnds, 1 131, 14, 13: charge 6p c Do 2nd do Scrip Do Ist Pref Bonds 618,1 FR ~ SUN, LONDON, MOND AY MORNING, J [TLS' 18, 1870. BANKING COMPANIES. Pd Pd 10 Agra Bank (L) A lOl 11 10 Imperial Ottoman .. 21 21 pm 25 Alliance (L) 10 Anglo-Austrian 16 20 London and County 50 51 20 Anglo-Egyptian (L) 24 241 51, 501 50 British N American 53 55 15 London Joint-Stock 321 331 20 Ch of India, Austrlia 16 17 32/ 25 Char Merc of India 29 30 20 Lon and Westmnster 61 63 10 City 25 Colonial 4 Consolidated (L) .... Ipm 20 Midl an d (L) i d i s, Ipm 20 Eng, Scot, and Aus C 1 1 181 20 New South Wales .. 37 30 20 Imperial (L) 121, 12 25 'Union of Australia.. 43 45 15 Union of London .. 38i 3971 TELEGRAPH COMPANIES. Pd . Pd 100 Anglo-American L) 80 85 10 Great Northern .... 11 111 10 Anglo-Meditrn (L) l4/ 141 6 Great N. Chi n a, and 141 Japan Extension.. 321 dis 100 Atlantic ll 13 25 Indo-European (L).. 13 1Z 100 Do 8p c 3 British Australn (L).. 313 i dis and Malta (L) .... 6, 7 10 British IndExten (L) 6 6/ 10 Mediterrn Ex (L) .. 5 61 10 British Indian Sub- 2 Pnma and S. Pcfc(L) 3 2 dis marine (L) 71, 1 20 Soc Trans France (L) 14k 15 } 2 China Submarine (L) 3 31dis 15/, 15 10 Falmouth. Gibraltar, 100 Submarine 240 250 and Malta (L) .... 8i 9/ 1 Do Scrip 2/ 21 8k .. 10 Wlndia &Panama(L) 61 7/ MISCELLANEOUS SECURITIES. — Anglo-Austrian Bnd- 100 Do 6p c Bonds, re holders' Certificates 11 21 deemable 1870 -- 10 BerlinWaterworks(L) 13i 14i 30 London Fin Assoc (L) 18 17dis 14 4 Lon Gen Omnibus .... 21 2! 30 Bolckow-Vaughan(L) 35 45pm 2 Lou & Prov Marine (L) 1f pm 100 Boston City (U.S.) 5 100 Madras Irrig & Canal. p c Sterling Loan 88 90 gsp c by Ind Gov. 102 103 4 Brit & Fgn Marine (L) 2121 pm 2 Mauritius Land (L)..1 dig, pnr 27 Canada Company.... 77 80 5 Natnl Disct Comp (L) la 114 10 Ceylon Company (L) 41 31 dis 21 N Zealand Loan and 35 City Offices (L) .... 241 231 dis Mere Agency IL) .. f 1 pm 20 Colonial (L) 5 Corn Union Assurnce 21 24 pm Trust (L) 10 Crdt Fonc of Eng (L) 21 21 61 N Britsh and Mere (L) 28 30 21 5 OceanMarinelnsur 100 Crystal Palace 100 Do Pref 100 Do 6p c Perp Deb lO9 114 10 Do do New, 1867 5 3dis 27i Ebbw Vale Steel (L) 9 8 dis 50 Rhymney Iron 98, 7, 6 15 Do New 9l 101 100 Egyp 9 p eV'roy Loan, 60 Royal Mail Steam guar by Egyp Gov.. 93 98 50 971 20 Tel Con and Main (L) 25 251 13 Fore-st Warehouse (L)54 61 pm 251 191 2 Thames and Mersey 10 Fgn and Colonial Gov Marine Insur (L) Trust 6p c Bonds.. 95 100 St Tobacco 6p c Loan, 71 Gen Credt & Disct (L)par,f pm guar by Italian Gov. 89 89 7 9-16, I 5 Trust and Loan Co of 14 Gen Stm Navigation 29 31 Upper Canada 7 Hooper's Tel Works 3 2 dis 5 U Marine, Lvpool(1) 61 64 pm 20 Hudson's Bay 46 6 United Dis Corpm (L) 11 1 did 45Indrbbr, Gut Per, and 5 Univ Marine insult 11.4% 558 pm Tel Works (L) 451. 41 Mortgage Loan ... . 77 80 20 InternlFinan SociL) 11 lidis 12 Warrant Finance ... . 9 7 dis It Irrig (Can Cavour) 3i 4 pm MARKETS, NEWCASTLE-ON-TYNE CORN MARKET, SATURDAY.—The war news has produced great excitement in this market to-day ; and although the supplies from the country farmers were small, an advance of 4s. per quarter was made at last week's rates: Factors did not press sales even at that advance ; and, acting on the advice from a distance, held back. GLOUCESTER CORN MARKET, SATURDAY.—In consequence of the declaration of war, farmers demanded an average of fully ss. per quarter on the small quantity of wheat they were willing to sell. Transactions were limited at 4s. per quarter more money. For foreign wheat the demand was general ; and most millers were anxious to secure more wheat, for which they paid an advance of from 4s. to ss. per quarter. Oats and barley each held for from is. to 2s. per quarter , advance, which restricted business. NORWICH CORN MARKET, SATURDAY.—This market opened in an excited state to-day, the war news causing holders of corn to ask an advance of 35. to 4s. per quarter. Very few transac tions, however, took place at these prices. Averages for the week, 921 qrs. 6 bushels. 495. 10d. per qr. DONCASTER CORN MARKET, SATURDAY.—This market was very excited to-day. Farmers were asking ss. or 6s. more. There was very little sold, except at from 2s. to 3s. advance. KIRCALDY CQRN MARKET, SATURDAY.—There were short supplies of all kinds of grain at this market to-day, which was considerably agitated on account of the threatened outbreak of hostilities on the Continent. Last week's prices were fully maintained. Wheat was selling at from 49i. to 555. per quarter ; barley from 325. to 345. per quarter ; oats, from 275. to 31s. per quarter. LEITH CORN MARKET, SATURDAY.—The declaration of war has caused the withdrawal of most of the grain here. Wheat is 3s. dearer. Flour 3s. per sack up. Barley, oats, peas, and beans are all 2s. dearer. The arrivals for the week are : Wheat, 329 ; barley, 2,604 ; oats, 93 ; beans, 38 ; peas, 70 ; tares, 5,552. 552 sacks of flour are in the market. DONCASTER CATTLE MARKET, SATURDAY.—Business was nearly at a standstill at this market to-day, on account of the continued drought and threatened rains. The same may be said of sheep, although there was a fair show. There was a good show of pigs, but prices were still lowering, and tittle business was doing. COLONIAL PRODUCE MARKETS, SATußDAY.—Privately the business doing has not been extensive to-day. Some cau tion has been observable in concluding transactions, and prices have been rather unsettled. Tea has been quiet, and there has not been much inquiry for sugar. Coffee has been steady, on former terms. Tallow has been quiet, at 455. spot. Iron has sold slowly. Tin has been dull and easier. Copper has been quiet. LONDON WOOL MARKET, SATURDAY.—The wool market has become much depressed. At the public sales of colonial produce biddings have progressed heavily, and prices have receded Id. to 14d. per lb. English wool has been dull and drooping. METROPOLITAN HAY AND STRAW MARKET, 'SATURDAY. —There was only a limited supply on offer at the market to-day. The trade was firm at the annexed quotations :—Prime old hay, 110 s. to 1265. ; inferior ditto, 90s. to 100 s. ; prime new hay, 90s. to 100 s. ; inferior ditto, 70s. to 80s. ; prime old clover, 1305. to 140 s. ; inferior ditto, 110 s. to 120 s. ; prime new clover, 110 s. to 1265. ; inferior ditto, 90s. to 100 s. ; and straw 245. to 365. per load LIVERPOOL COTTON MARKET, SATURDAY.—This market opened quiet to-day. The sales will probably reach 7,000 hales. —(Close.)—This market closed dull to-day. Sales, 8,000 bales. Speculation and export 1,000 bales. 5,000 American bales sold at 7d. to 11d. ; 150 Pernambuco bales, 9d. to 10Id. ; 50 Bahia bales, 9id. ; 50 Maranham bales, lOid. ; 200 Egyptian bales, llid. to 14d. ; 1,550 Surat bales, 61d. to sad. Imports, 24,862 bales. LEEDS TRADE REPORT, SATURDAY.—The frequenters of the cloth halls this morning have done little beyond discussing the situation, and the prospects commercially of the impending war. More than the usual number of the head merchants were present, whose object seemed to be to discuss with manufac turers what would be the safest course to pursue under the present complicated circumstances. There were rumours tkat some large orders for goods intended for the Continent had been countermanded, but they could not be traced to undoubted foundation. Very little business has been done. There arc very few out of town buyers here, considering the previous orders suspended, they having returned home to await events. All parties have resolved to buy and sell only as actual necessity require•. The sales of tweeds and meltons to-day only were for the purpose of assort ments. For some time business here is to be slack. Opinions differ as to whether war will be protracted, but manufacturers are not without hopes that in time good may come out of lapse before the dreadful contest is ended. in spite of any blockade, they come to the conclusion that the Continent will want woollens, and that Yorkshire can best supply its wants. The home trade is pretty fair in plain goods, and all woollens and unions. Wools are a shade cheaper. DONCASTER WOOL MARKET, SATURDAY.—There was not much wool shewing to-day, and the war news seems to nave paralysed this trade. Few buyers appeared to-day. Prices were Is. per stone less, and very little was doing at this reduc tion. PENZANCE TIN MARKET, SATURDAY.—The Tin Standard was lowered £3 all [round this morning. Prices new are—for common, 120 s. 6d, per cwt. ; superior common, 121 s. per cwt ; fine, 1225. per cwt. ; superior fine, 1235. per cwt. C. Ernst Esche, of Milwaukee, endeavoured to prevent his insane wife from leaping into the canal by catching her dress, but she drew him in, and both were drowned. MR. CHILDERS.—It affords us much pleasure, says the United Service Gazette, to announce the return of Mr. Childers on Friday night to his residence at White hall, with his health so, much improved by country air and rest as to enable him to resume to some degree his official duties. His complete recovery may now be speedily and confidently anticipated. THE COTTON TRADE IN THE Noiarris.—The wages agitation in the cotton trade appears likely to be termi nated amicably. At Preston five factory masters have intimated their intention to return to the rate paid before the last reduction, so far as the spinners and minders are concerned. At a meeting of the weavers, held on Thurs day, it was resolved "to thank most earnestly Mr. Hermon for the noble example he has set in giving an advance to his people equal to that taken off in 1869." At a meeting of operatives at Blackburn it was resolved to thank the masters' committee " for the kind and courteous manner in which they had received the operatives' committee on the question of the advance of wages." It was also ,resolved to•. thank the general body of the masters foi• the willbagnes6 with which they had complied with the operatives' request. LAW AND POLICE. THE STOOLE BREACH OP PROMISE CASE.—The breach of promise case which was heard in the Dundee Sheriff Court recently, and in which Miss Ann Stoole sued Mr. M`Leish, Dundee, will still be remembered. The pursuer was non-suited, and saddled with all the expenses, which, we believe, amounted to about £3O. The period allowed by law for payment of the expenses expired, without, it is said, one penny being paid by the disappointed fair one, and on Thursday she was incarcerated in Dundee Prison at the instance of the defender. We understand that the action raised by Mr. 11PLeish against Miss Stoole for the recovery of certain articles which he claims as his property, and which are said to be in her possession, will be heard before Sheriff Smith upon Monday, when Miss Stoole will be examined as a witness.—Dundee Advertiser. THE TICHBORNE ESTATES. A claim in connection with the Tichborne estates was set down for trial at the present Hampshire Assizes, and commenced before Baron Martin on Friday. The plaintiff was Mr. Balding, a farmer on the estate, and on the death ofi the late baronet in 1866 was also bailiff, an office which he continued under the trustees for the infant baronet appointed by the Court of Chancery, of whom he sought to recover £94 is. 6d. On the death of the late baronet there was a change in his remuneration, though he had still to look over the twenty-seven farms of which the estate is composed, see that they were properly culti vated, attend to the repairs, marking and cutting of timber, and the like. fn 1869 he gave up the position as bailiff, but was now under notice to quit his farm, and it was upon his accounts that the present claim arose. Plaintiff's counsel suggested that the defendants should admit all but the disputed items, a course the defendants' counsel said he would assent to, but they must move with great caution, the Court of Chancery overlooking the defendants, and they urged that plaintiff was indebted to them £21155. His lordship not thinking it possible that the jury could try the case, directed a verdict for plaintiff, subject to a reference. CABS AT CREMORNE GARDENS.—WiIIiam Johnson, a young man, was charged before Mr. Benson, at the West minster Police Court, who did not take his seat upon the bench until nearly an hour after the time required by law, with causing an obstruction at Cremorne and assaulting a policeman. Robert Rundall, 399 S, said that the de fendant opened his cab doors for people coming out of Cremorne, and caused an obstruction. As there were a great many of these men loitering about Cremorne, and repeated complaints were made of the annoyance, and of their importuning persons for money, he desired defendant to go away, but he refused, and used coarse language, mid assaulted the constable by kicking him and also a second one. Defendant said he and others some times had to get a living by opening carriage doors for company at Cremorne. He was doing no harm when the constable interfered with him. Mr. Benson could not say what the police were justified in taking a man for opening cab doors. Defendant said that the policemen opened doors, and were much greater beggars than other men. Mr. Benson thought it a matter which had better come before Mr. Arnold, and remanded the case till Monday. ROBBERY AT A WATCHMAKER'S.—George Goodwin, a tall, respectable-looking man, was charged at the Marl borough-street Police-court with stealing a gold watch of the value of £6 from the shop of Mr. John Evans, watch maker, No. 89, Mount-street, Grosvenor-square. George Tilley, assistant to Mr. Evans, deposed that yesterday afternoon the prisoner came into the shop and asked to see a clock. He turned his back for a few moments to open a case, and suddenly looking round saw the prisoner open a case on the bench and take out a gold watch. He took the watch from the prisoner's hand, and the prisoner hastily left the shop. He went a little way after the prisoner, calling "Stop thief," but had to return, no one being in charge of it, and the prisoner was afterwards brought back and given into custody. A witness said that on stopping prisoner he asked to be for given. The prisoner said he was only a few days from Scotland, admitted taking the watch, but said he at once gave it back. The prisoner was remanded. ANOTHER WATCH ROBBERY. —John Montagu, aged 23 years, was charged before Mr. Lushington, at the above Court, with a similar highway robbery in St. George-street, better known as Rateliff Highway. Yesterday evening a van containing a band of music was coming along the street, and a mob of persons were running after it and upsetting every one they met. Mr. Earl Hildebrand, a sailor, of 4, Old Gravel lane, was in the mob as they passed by him, and was keeping off the people with his left arm when the prisoner snatched his watch from his pocket and deliberately unhooked it before his face. The prosecutor seized him, and never released him until a police constable arrived. The watch and chain, valued at £2 14s. 6d., were gone. They were handed over by the prisoner to a confederate, whoimme diately decamped. The statement of the prosecutor having been confirmed, the prisoner was committed for trial. DARING HIGHWAY ROBBERY.—Patrick Crawley, aged 20 years, labourer, a well-known and desperate thief, was brought before Mr. Lushington, at the Thames Police court, charged with stealing a watch and chain, valued at £l3, from the person of Captain John Hocquard, residing at the Hoop and Horse Shoe Tavern, Queen-street, Tower-hill. On Wednesday afternoon last, the pro secutor was walkin g, along Dock-street, White chapel, near the Sailors' Home, with his hands in his pockets, when the prisoner made a snatch at his watch and chain and possessed himself of both. The prisoner got away with the property and was not taken till last night, when he was arrested by John Sheppard, a constable and detective of the H division, who said the prisoner was twice convicted of felony at the Old Bailey Sessions in 1867, and was sentenced on the first occasion to two months' imprisomfient, and on the second occasion to six months' imprisonment and hard labour. Robert Henry Craig, saw a boy, son of the prisoner running with the captain's watch and chain in his hand on Wednesday afternoon in Magdalen-passage` near the Whitechapel County Court. Another man said " Don't say where he has run to," but he told everybody which way the prisoner had gone. Mr. Lushington com mitted the prisoner for trial. A. BARONESS' WILL DISPUTED. Lord Penzance and a special jury were on Saturday en gaged in hearing the cause of Fuller and Kenny v. Cox and others. The plaintiffs propounded the will of the late Baroness Mergey, and the defendants opposed on the ground of incapacity, and undue influence having been used.—The testatrix, who was described as a lady of great personal attractions, was well known in London society, and was the daughter of Mr. Holcroft, who was the author of the celebrated comedy, " The Road to Ruin," and who was well known in the literary world. His daughter married in 1828 a gentleman possessed of a con siderable amount of money ; but he only lived a few years. Subsequently the testatrix went to Paris, and there met the Baron Mergey, and ultimately married him. He only lived a few years.—A number of medical gentlemen were examined on behalf of the propounders of the will and they spoke of the testatrix as a very intelligent woman, and some of them stated that up to the time of her death the Baroness was of perfectly sound mind.—For the defence Mrs. Cox, wife of the well known picture dealer of that name, one of the defendants, and a half sister of the testatrix, was called, and spoke to cer tain peculiarities in the conduct of the testatrix. She would not see witness, and was suspicious about the food beilig , f poisoned.- 1 -Ultimately an arrangement was come to, by which the op position to the will was withdrawn, the plaintiff under taking not to press for costs.—The jury, under the direction of the judge, found for the plaintiff, and Lord Penzance pronounced for the will. LORD ROMILLY ON THE STATE OF THE LAW. During the progress of a case in the Rolls Court, Lord Romilly, adverting to the present uncertain state .of the law with respect to property, made some observations which are deserving of record now that the question of law reform is engrossing so much of public attention. His lordship said that the enforcing of titles to property depended upon certain principles. Care was taken that those principles should be as much as possible in unison with equity, but interminable litigation arose from the fact that different tribunals placed different constructions upon them. It was a great pity, therefore, that there were not decisions bearing upon at least some few of those princi ples, given by competent tribunals, which could be pointed at with reliance as being sufficiently clear, lucid, and fixed, to defy their being successfully appealed from or upset by subsequent judges, unless they were unquestion ably against the whole current of authority. That was an object which, in his opinion, was more capable of attainment than was really the case in the present day, when so much care and painstaking were evinced in the arguments of counsel. The existing state of things was attributable to the indecision of doubtful minds—to the fact that judges who were diffident of their opinions were reluctant to decide legal questions upon which they deemed it probable that disputes would arise. He did not mean to say that in any instance a judge should so far sink his individuality as to sacrifice his sincere belief to what might be a questionable principle ; but he was convinced that if more mutual investigation took plaee the law could be placed on a far more fixed and satisfactory basis. The Lewiston (Maine) Journal says that a young woman, an operative in a factory in that city, who died suddenly, had paid a mortgage of $5OO on her father's farm, besides supporting herself. GIPSY LIFE.—For some time past successful efforts have been making to clear Wanstead flats and their neighbourhood of the tribes of gipsies and other vagabonds who have been for along time a great nuisance there. The result of this effort of the police may be gathered from the report of the proceedings before the Waltham Abbey bench. But . the reader who may be curious to know something of the camp life of these gipsies will not there gain information on the subject. The scene that presented itself when the officers visited the camp can, for reasons which will be obvious to every right mind, hardly be de scribed. It may, however, be stated that the police found some 60 or 70 persons, including men, women, and children, sleeping in a state of nudity (a general practice among these people), and that regardless of age, sex, or relationship. For instance, in one tent the officers found a man, his wife, and their children ; in another, two women and one man ; in another, one woman and three men, one of whom was the woman's reputed husband; and in another, a mother and her son, the latter a man grown and some 30 years of age. Such was the " unclean nest" that was " stirred up" by the police in the - parish of Loughton; and within some 'eights or ten miles of the capital of England ! If althorn Advertistr. THE EVANS BANKRUPTCY APPEAL. Lord Justice James was engaged during the greater part of Saturday in the Court of Appeal in investigating the merits of an appeal from a recent order of Mr. Registrar Brougham, the order being that the discharge of Messrs. John Carbury Evans and Richard Percival Evans, hop merchants, of Southwark, as .bankrupts, should be subject to the condition of filing an account of the profits made by each of them over £l,OOO per annum, the surplus being paid to the joint account of the official assignees until the creditors of the estate had received 7s. Gd. in the pound upon the whole of the debts proved. Mr. Serjea,nt Sargood was counsel for the appellant, Mr. J. C. Evans ; Mr. Little, Q.C., Mr. De Gex, Q.C., and Mr. Pearson, Q.C., appearing for other parties. It will be remembered that the bankruptcy of the Messrs. Evans created a sen sation recently among commercial men, the liabilities of the firm amounting to nearly £lOO,OOO, although they had not been in business for more than four years. It was shewn that when their father relinquished his business to them they had no capital whatever, notwithstanding which they fixed an annuity of £BOO upon him, and soon afterwards, in a partnership transaction, created a further liability of £35,000. They carried on hop-planting on an extensive scale in Kent, and in four years realised a profit of £44,000 ; but that was counterbalanced by the expen diture, which exceeded that sum by some few thousand pounds. In addition to this, they permitted their father to • overdraw his account by £4,000, and their expenditure for the maintenance of themselves and their families amounted each to £3,200 a year. The bankrupts alleged that this expenditure was necessary for the purpose of maintaining an establishment commen surate with their business, and that its tendency was to improve their commercial relations ; and contended, there fore, that the Registrar's order was unnecessarily severe, and ought to be discharged. It was asserted, on the other hand, that the bankrupts had been guilty of reck less extravagance, and that this had contributed directly to the insolvency. The Lord Justice was of opinion that the bankrupts had lived in a style which would only have been justifiable had they been noblemen, instead of business men without capital. This had rendered them incapable of meeting their creditors, and, so far as the principle was concerned, he unhesitatingly affirmed the decision of the Registrar. THE ALLEGED FENIANS. At the Central Criminal Court on Saturday the trial of Davett and Wilson for conspiring to depose her Majesty from the sovereign style and title of Queen of Great Britain and Ireland was resumed this morning. The Attorney-General, the Solicitor-General, Mr. A. T. Cole, Q.C., Mr. Archibald, and Mr. Poland again appeared for the Crown. Mr. Griffiths, Mr. .Baker Greene, and Mr. Moody for Davett, and Mr. Collins and Mr. Hunt for Wilson. _ _ 'The case for the prosecution was proceeded with. John Joseph Corydon, the well known Fenian informer, was then examined. He stated that he became a member of the Fenian organisation in 1862, and left it in 1866. He had formerly served in the Federal army in America, and after he left the army he joined the Fenian Brotherhood. The object of the brotherhood was to overthrow her Majesty's Government and to establish a republic in this country. An oath was administered to each member, by which he was bound to support the Fenian organisation and to take up arms whenever required to establish a republic. The association was very extensive in the different States of America, and its headquarters were at New New York. He was sent to Ireland in 1865 by John O'Mehney, who was then the chief of the association in America. The head centre of all (Stephens) was in Dublin, and witness was sent to see him. At the time of the suspension of the Habeas Corpus Act a good many of the powerful members of the association went to Liver pool, where meetings were held and money advanced for the purchase of arms. A man named Burke, who was known as Colonel Burke, was employed to purchase the arms, and a large quantity was sent to Ireland, a good many of which were seized. In 1866 it was projected by the Fenian organization to surprise Chester Castle, and seize the arms which were known to be stored there. Part of the plan was to seize the Holyhead mail train, cut the telegraph wires and seize the mail steamier at gplyhead, and convey the arms in her to Ireland. In consequence of the information that witness gave to the Government this plan was defeated. The prisoners, who were con cerned in this affair, named Flood and M`Cafferty, were subsequently tried and convicted, and Flood was sen tenced to fifteen years' penal servitude, and M`Cafferty was sentenced to be hanged ; but this sentence was after wards commuted to penal servitude for life. He ,believed that there were about 1,200 Fenians to be employed in the attack upon Chester Castle. He knew the prisoner Davett, and he was in the habit of.attending the Fenian meetings that were held at LiverpooL Flood, M`Cafferty, Capt. Doheny, and Col. Burke were present at these meet ings. The subjects discussed at these meetings was the failure of the Chester Castle expedition, and arrangements for the rising in Ireland, which afterwards took place on the sth of March. The rising was to take place on the night of the sth of March. He did not know the exact position held by Davett in the Fenian Brotherhood, but lie must have occupied a leading position, or he would not have been admitted to their meetings. A great number of Fenians went from England to Ireland just before the time appointed for the rising, and witness procured the arrest of a good many of them upon their arrival in Ire land. Witness was not present in Ireland when the rising actually took place. A man named Forrester was apprehended upon his testimony. Cross-examined : He knew nothing about the prisoner Wilson, and had not seen him at any of the Fenian meet ings. He declined to say how much money he had received from the Government for giving evidence in these cases. He was not paid a certain sum for every convic tion of a Fenian that he succeeded in obtaining. He declined to state how much money he had received from the Government for the evidence he had given against Feniaus. At the time of the meetings in Liverpool he did not hold any rank in the Fenian organization, but he was looked upon as a " con fidential friend." (Laughter.) He described the person Davett to the police long before he was taken into custody, and told them that he was a man who had only one arm. He held the rank of lieutenant in the Federal army in America, and he believed that he was drummed out of his regiment for cowardice. He should be very glad not to have anything more to do with cases of this sort. Several other witnesses were examined for the prosecu tion. The case was not concluded. THE OVERLAND MAIL. The Indian papers of the 21st of June reached England on Saturday morning by way of Brindisi. The following are among the facts not previously made known by tele graph, which we find in the "heads of intelligence" pub lished by the Bombay Gazette : It is said that an important despatch has recently been forwarded to the Secretary of State advocating an im provement in the Civil Service pensions, based on recent service memorials. In the divorce crse of "Colonel Gordon v. Mrs. Gordon and Lord William Hay," the Chief Court of the Punjab has confirmed the decree for dissolution of marriage, with costs against the co-respondent. The last girder of the Sutlej bridge was hoisted on the 13th instant, completing the communication between Lahore and Calcutta. A locomotive may cross the bridge by August. A rumour has reached Bombay that the Prince and Princess of Wales have determined on paying a visit. to India next winter.' Probably it is not true. It is thought the visit would hardly be well timed after the lavish expenditure of money and enthusiasm on the Duke of Edinburgh. Mr. E. Tyrrell Leith, barrister-at-law, has been ap pointed to act as Government Professor of Law at Bambay, Mr. Ferran having resigned. Dr. Reid, barrister, now in Europe, holds the substantive appointment. A court-martial, says a Poona paper, was to assemble at Morar, on Wednesday last, to inquire into certain charges against Captain Trotter, of her Majesty's 11th Regiment. The court was to consist of officers assembled from other stations. _ _ _ An Italian opera is announced for the next Bombay season ; the impresario is Signor Pompei, already known here. Lieutenant E. L. Durand, of the Staff Corps, has been appointed Private Secretary to his Honour the Lieutenant- Governor of the Punjab, and Captain F. B. Prinsep, 21st Hussars, Aide-de-Camp. At a court-martial at Umballa, on the 3rd of May, Riding Master J. E. Willis, of the 20th Regiment of Hussars, was charged with conduct to the prejudice of good order and military discipline in having at Umballa, on'the evening of the 27th of March, 1870, been drunk at the mess dinner table. He was found guilty, and sentenced to be severely reprimanded. The Commander in-Chief (Lord Napier of Magdala) approved and con firmed these proceedings, with the following remarks : " The reprimand is to be administered by the officer com manding at Umballa, in the presence of the officers of his staff and of the officers of the 20th Hussars. Ridi ng - Master Willis is to be released from arrest and to return to his duty." A correspondent tells us that he has received by the mail, from a very authentic source, information that the Duke of Argyll has positively and speremptorily declined to offer an inducement to the senior members of the Medi cal Department of India to retire, and that he intends to carry out compulsory retirement at fifty years of age on the promulgation of the Medical Warrant, which is shortly expected, authorising an amalgamation of the Indian with the British Medical Service. A sad accident has happened to Colonel Fitzwygram, C. 8., 15th Hussars. He was riding from Mhow to a place called Mandew, to join a shooting party who had been out among the tigers, and when about sixteen miles from Mhow his horse fell with him, and he broke his thigh. A village doctor set the fractured bone as best he could, but in such a way as to cause the injured leg to be shorter than the other. The first intimation received at Mhow of the accident was by a pencilled note sent in by the colonel, from the village. Colonel Fitzwygram was carried into Mhow on the 10th instant, when the bone was reset. He was considered out of danger on the 11th instant, and was making as satisfactory progress as could be expected. Captain Dalrymple Clark, of the Madras Cavalry, and aide-de-camp to H.E. Lord Napier of Magdala, died at Simla on the 13th instant, from sunstroke. Assistant- Surgeon M'Crevey, of the 64th Regiment, died at Kur rachee of heat apoplexy on the 11th instant. Captain Heywood Thompson, the Master Attendant at Coconada, died on the 13th instant. MADAME TIJSSAUD'S EXHIBITION.— A portrait model of Walter Millar, the Chelsea murderer, has been added to the Chamber of Horrors. VENEZUELA. The melancholy social and political aspect of the ueigh bouring republic Venezuela, such as we see it described in the Bogota papers, may well moderate if not alto ;ether' cool our enthusiasm for universal liberty and self-irovern ment, especially where the latter are to be secured by up settinc, a long-established government. Republics are either the best or the worst forms of government. The United States of America have hitherto commanded the greatest amount of respect, and Mexico about the least. If we are willing to allow that all governments have, like the men who constituted them, periods of infancy, man hood, and decay, we would like to believe that the Central American States have nearly sown the wild oats of their youth, and have now fairly settled down to work. But the continued pronunciamentos of Mexico, the anarchy of Venezuela, and lately, the assas sination of General Urquiza in the Republics of the Plata, make us hesitate in deciding how much of this is due to a certain remnant of latent savageism in the nature of the people, and how much to this particular form of self-government. Venezuela, called little Venice after that poetic quarter of the old world, which was fertile, productive, ' and orderly under the tyranny of the Spaniards, has now, it would seem as a Republic, fallen into a state of con tinuous anarchy. Presidents rise and fall .like meteors in the sky, accompanied always by a certain amount of bloodshed and robbery. "Oh liberty ! " as Madame Roland exclaimed before the guil lotine, " what evils are committed in thy name." The present state of affairs in that unhappy country is thus described :—The militia of Guarenas, which had armed for the defence of Caracas, had been obliged to yield to the superior numbers of the enemy. These latter inflated by the victory had advanced on Patare, while at the same other petty chieftains were raising the standard of rebel lion in different places. All of them prepared to attack and destroy not only each other,',but what elements were left of a common country. Caracas was surrounded by the most frightful anarchy even to the very gates of the city. That city which saw the Grand Bolivar m his cradle, and holds his ashes, is on the point of being converted into a den of wild beasts, unless there is enough of courage, if not of patriotism, left to prevent their streets, plazas, and even firesides being covered with the ashes and blood of violence and lawlessness. The worst symptoms of the almost incurable state of anarchy which threatens Caracas, are to be found in the ominous circumstance that the various standards of the conflicting parties proclaim neither principle nor idea. The name of the chief for the time being is the only war cry of each faction. The factions of Perez, Jurado, and Salazar proclaim the name of Guzman. The factions of Carayaca, that of Domingo Monagas. The faction of Bermudez—Lucena Falcon. The faction of Escobar—Escobar. In fact they have five armed candidates ready to fight for the post of governing the country. In the month of March the government had two victories, one at " Piritu de Coro," and the other at " San Pedro." At the first battle 117 were killed, including three generals and two colonels. Fifty hammocks were provided for the wounded chiefs. When the West India and Pacific steamer left Venezuela a similar state of affairs continued. The anti government party held the fort at La Guayra and amused themselves by firing on the town. From such, and so much liberty— Good Lord deliver us !—Panama Star and Herald. IMPROVEMENTS IN NEW YORK. New York can be made and ought to be made the most beautiful city in the world. Its situation and topography are unsurpassed, and perhaps not equalled. Manhattan Island, with a splendid river on each side and the finest water front, with a magnificent bay at its southern ex tremity and a few miles only from the broad Atlantic Ocean, seems to have been designed by nature for this destiny. It is the outlet of the trade of a vast continent and the commercial emporium of amighty nation. Nature has done everything possible to make this city well drained, well supplied with water, healthful, and beautiful. Nor is there wanting wealth, public spirit and ambition enough to accomplish all this. We only need ability and taste in the men who are in power. The Legislature has given under the new Charter ample authority to the city government to make New York what it ought to be. Will those having control of the matter understand the work before them and that is expected from them ? That is the question. That has to be seen. The action of the French government, in negotiating a loan to complete the improvements in Paris commenced by Baron Haussmann, has suggested thoughts applicable to this city. No doubt an enormous sum of money was spent by Baron Haussmann, under the direction of the Em peror Napoleon, in beautifying Paris. Some complaints were made of this, too, and there was a temporary suspension of the grand improvements projected in consequence. But now, we learn, the work of beautify ing the great capital is to be continued. The Parisians have learned, no doubt, that every dollar spent in this way brings five or more to their pockets. The more attractive Paris is made the more will people from all parts of the world be drawn to that city. The increased business, enhanced value of property, and the millions of money spent by visitors pay over and over again the ex penditures for improvements. So it would be with New York if our city government should shew similar taste and sagacity. But, as was said, we must have men of comprehensive views, culture and taste to accomplish this object. Ward and grogshop politicians are not the men. The curse of New York in this respect has been in having such grovelling and narrow-minded men in power. To be a smart politician or a pretty good stump_ speaker has been regarded as the chief or only qualifica tion for office. Now, however, we have a new regime in the city, and among those in authority many gentlemen of refinement, large views, and taste. The first step is to lay a good foundation for a comprehensive plan of im provements, and to avoid the jobs of rings and pretenders which spoil everything. Let the ablest scientific men and men of artistic culture and taste be consulted and em ployed. Let not either the plans or the execution of public work be left to pretenders or the ignorant. The people of this country have been too careless about this, and the consequence has been that New York, Waahing ton, and many other of our cities have been defaced by • the most wretched abortions of art. Still, there is no lack of talent and taste in the community to plan and execute the finest works if those in power will employ the men who possess these qualifications. We mean here public buildings or other architectural works, the docks and solid elevated railroads, as well as the ornamentation of the parks, works of fine art and opening of streets and avenues. A. great deal depends, too, upon the taste displayed in plac ing works of art and public structures and in opening broad avenues from one point to another. Any one who , has been in Paris knows how tastefully the monuments and fine public buildings are placed and how magnifi cently they loom up to view from every point. We have heretofore followed, the bad taste of the English in the location of works of art, monu ments and public buildings, by placing them in some corner or destroying the view by other structures. There have been some improvements made in the streets, and some are now going on which indicate more taste and give us hope in the future. The grand Boulevard, which commences at the corner of Fifty-ninth-street and Eighth avenue, and which is to go round the upper part of the island, begins to assume shape. Judging from the work already accomplished, and from the manner in which it is done just above Fifty-ninth-street, this will be one of the most magnificent thoroughfares and drives in the world. be as smooth as the roads in the Park, having a den and solid foundation and a hard pressed concrete surface. It has two wide carriage ways, with a space between for promenading, and a row of shade trees and a wide sidewalk on each side. There are a large number of men at work on different sec tions, which shews that the city authorities are doing their duty here. Then,-'there is the upper portion of Sixth Avenue, as far as Fifty-ninth-street, which is a credit to this great city. It is delightful to ride over the smooth and clean wood pavement, and very many of those driving to and from the Central Park go round some distance for the pleasure of riding over this part of Sixth Avenue. The improvement of property on this avenue, as is seen by the rows of handsome stores and houses built and going up, pays over and over again the cost of paving. We are passing out of the cobble stone age. Some years hence we shall look back upon this rough and destructive pavement with surprise that it existed so long. We shall regard it as belonging to a former rude period, as we do the fossil remains of the Megalosaurus. Why do' not the city authorities discard, the cobble stone on our beautiful Fifth Avenue, as they did that wretched composition put down a short time since, and take the best wood pavement known? The ablest scientific men among us say that the wooden pave ment recently put down in Maiden-lane is more durable than the hardest stone. It is laid upon a principle that makes it solid and immovable, while it admits of the most perfect drainage, and is easily removed when necessary for laying gas and water pipes, or for making sewers. The merchants and property holders there are delighted with it. In San Francisco and other places where it has been well tested the people will not have any other laid. It is unnecessary to mention the saving in the wear and tear of horseflesh and vehicles, for every one will comprehend this. Why should we not have on all our streets, or at least on all t he principal thoroughfares, this pavement, or one equally as good, if that can be found? But for the convenience of travel for the mass of our business men and the people up and down town, we want solid elevated railroads, with steam power. The horse cars and omnibuses are altogether too slow and inconvenient. The crowds seeking passage by them at certain times of the day are so great that it is a positive torture to ride in them. No amount of horse car accom modation can supply the want, which is increasing from day to day. Besides, the time consumed in going from ane part of the city to the other is far too much and exhausting to the active community . of New York. Then the want of this accom modation is driving a large population over the rivers to New Jersey and Long Island, which is a great loss and damage to the city. Such solid elevated railroads, on arches, could be made ornamental, and would add to the beauty of the city. With magnificent stone piers, wharves and docks, with spleddid markets in the places, with improved paved streets, with broad avenues cut through the lower portion of the city where needed, with our grand Boulevard round the upper portion of the island, with our beautiful Central-Park, with superb elevated railroads and other improvements, what city in the world, in a few years, could be compared with New York ? Let us hope that the new municipal authorities will have the sense, taste, and public spirit to carry out these much needed and grand works. The city, business, property holders, and the whole community would gain by it, and the men in power would acquire lasting fame.—New York Herald. A. Connecticut legislator has recently remarked that, "with the waiters they have at the Newhaven House for a sample of the average black vote, it was not strange that negro suffrage should be defeated. . The Goveropr!s term would expire before those fellows could get, to the polls." THE " HERALD" ON CANADIAN INDE PENDENCE. From the tone of the royal press it is plain that this independence project springS from no temporary or ephe meral imputse of the people. The earnest cries for " hide pence " uttered at the late meeting in Montreal—a, meeting called for another, if not an entirely opposite purpose—affords evidence of that fact ; and the nervous attempts of the royal press to belittle or ridicule the affair only display their own weakness and give more strength and confidence to the men who shout for " independence." The fact is, the people of Canada are every day growing more and more disgusted with the home Government, in conse quence of the manner in which their appeals for assis tance have been treated. Even one of the little provinces away up on the Atlantic coast, it appears, was not too insignificant to receive an admonition such as a, gouty old father would give to a lusty young son, from Lord Granville, just because it wanted a few soldiers to protect public property. If these appeals continue it would not be surprising if stingy and irascible old John Bull should finally resolve to tell these persistent and poverty-stricken offsprings to begone from his household forever and cut them off without a shilling. Seriously, the clouds that begin to surround the experiment of carrying on a government for the Dominion of Canada look portentous. They will continue to " gather, gather," until they overwhelm the entire firmament, and then the glorious rays of "independence" will come like a sun burst amid the darkness and afford to the people of Canada, with the new light, the blessings of liberty, peace and prosperity. COMMERCIAL RELATIONS WITH SOUTH AMERICA. The United States Government appears at last waken ing up as to the advantage and importance of encouraging more intimate relations with South and Central America. All the English steam trading companies, besides offering facilities for passengers and goods traffic all along the East and West Coasts of South America, have ferreted out and caused their steamers to touch at every small port which is backed by a productive interior. The advantage to the whole country soon showed itself ; increasing trade and production kept pace with each other. The Govern ments, if they did not take the initiative, felt compelled by the example of other nations, but much more by the increasing resources of the country—the facility for official communication and postal arrangements to aid and even subsidize the enterprise. The love of industry, the due appreciation of material comfort and the self-respect engendered by the possession of something to lose, have lessened the tendency to revolutions, and commercially as well as amicably established intimate relations between both countries. Such has been pretty much the his tory and beginning of nearly all the steam navigation companies between Europe and the South American States. No where has this been more evident than in Central and South America. Since the first steamer of Panama Railroad Company went to the former to solicit freight and offer commercial facilities, the productions of those States began to increase, and have gone on yearly at a satisfactory ratio. So con vinced are all those countries that isolation is retrogres sion and dependence on their own resources alone, a species of suicide, that Honduras is pushing ahead her inter-oceanic railroad, and Salvador her electric telegraphs. The United States in general, if we except the Isthmus of Colombia, has paid hitherto but little attention, at least of a neighbourly kind, to the condition and prospects of these countries. Absorbed in the gigantic development of California, the lands of coffee and indigo have been little thought of, politically as well as commercially. Man cannot live on gold alone, but must seek for its equiva lent in the necessities and luxuries of life which its pos session represents. Our merchants are beginning to turn their attention to those countries whose climate produces the articles wanted. Statistics tell us that tea, sugar, coffee, and tobacco go on increasing with the world's popu lation, and so, founded on some mysterious instinct of our nature, draws from the poorest man his last shilling to obtain one or other of them. The peculiar geo graphical situation of the Isthmus and its relation to the rest of the world, even from the time of Pizarro till now, has always been such as to discourage the in vestment of capital in agricultural pursuits. In respect of exportable products she is far behind -almost all the other portions of tropical America. She has not even a single article due to human industry that is demanded abroad, except perhaps an occasional cargo of pearl shell or Indian rubber ; so that in a purely commercial estimate of South America the Isthmus has to be left out. Like the bell in the church tower which calls people to church, but does not go itself, the Isthmus lives by the transmis sion of the exchange products of other nations, but pro duces nothing within itself. The following extract, which has given rise to the above reflections, we take from the New York Herald of the 3d instant. It is headed, among the doings of Congress, " Commercial Relations with South America," and says as follows :—" The President, in accordance with a resolution, has communicated to the Senate a despatch from Minister Blow, at Brazil, in relation to the commercial interests of the United States with South America, Central America, and the West Indies. He regards the question settled. The sugar we are to consume beyond that raised by ourselves will be grown principally in the West Indies and South America, and the coffee almost entirely in South and Central America, Mexico, and the West Indies. He speaks of the necessity of establishing close, regular, and rapid communications with every portion of these countries by liberal subsidies, and states as the advantages :—First, the increased and active development in the production of coffee and sugar in all those countries growing the same ; second, an immensely increased demand for our flour, grain, lard, pork, and manufactured goods, many of which are now needed at remunerative prices, but which are kept back for want of regular and fair transportation, and that enlightened understanding of trade which our dealers fail to grasp for want of facili ties enjoyed by those of other nations." If the scheme is favourably entertained and subsidized by Congress, an effort will doubtless be made to carry President Grant's suggestions into effect, in which case we may hope the Isthmus to recover somewhat of her special and functional. prosperity. In the meantime it is for the authorities con sidering upon what the rentistic possibilities Of the State depend to adjust their necessities according to time and circumstances. As to encouraging commerce the New York Post of the Ist instant says about anything Congress could do, that " commerce is not the product of legisla • tion, and asks no favour of any government. The only request it has to make is that thepovernment shall cease to annoy, impede, and plunder it."—Panama Star and Herald. Cincinnati claims to be the fourth mannfacturing city in the United States, only New York, Philadelphia, and Boston excelling it. Last year the total manufactures in the city was 119,140 dols. 89 cents, employing 59,354 mechanics. General Robert E. Lee has refused on behalf of Mrs. Lee, to accept the annuity of $3,000 settled upon her by the Trustees of Washington College. The Board, however, has, as delicately as possible, intimated to him that they must adhere to their original plan. THE NEW FRENCH MINISTER AT WASHINGTON. A New York paper says :—The French papers consider the mission to Washington as " a post apart " in diplo macy. The new Minister, M. Prevost Paradol, will, they believe, find himself, in our national capital, surrounded by manners, ideas, and anodes of thinking in which he is already well versed. It is added by the Constitutzonnel : "He will see the Americans with the same eyes as M. de Tocqueville ; he will love and esteem them for those manly and democratic virtues with which the'latter was so greatly struck, and whose absence among ourselves he so greatly regretted." "On the other hand, the citizens of the United States will have a natural sympathy for a writer who valiantly defended in the public press, at the hour of its greatest peril the cause of union. It will be eminently pleasing to them to see France repre sented by a man who has made his way, as is customary in America, independently of official hierarchies, by the force of labour, talent, and character. How TO STAND THE HOT WEATHER.—There are a great many ways of enduring the hot weather. The most helpless victims of the dog-days are your gentle men of leisure, who have nothing under the burning heavens to do save to watch the thermometer, seek cool places, and dwell, mentally or morally, on the tribulations of " the heated term." These are the most pitiable of all the sufferings, outside of the reeking tenement-house quarters, that we know anything about. Men who have much to do manage in some way to get through the day without lapsing into the utter and vacant despondency which settles over the unemployed and makes the day seem a week in its tedious duration. If a man's heart is really in his work—no matter . what it may be— he will become at least partially forgetful of the intense bodily discomforts of hot weather. And, besides, he will not really suffer as much as the idlers, for the perspira tion that comes from healthy toil is the indication of a natural reaction against the effect of heat and of a vigorous throwing off of everything that impedes the free circulation through the skin.. We know a couple of gentlemen who get themselves into the best possible con dition by playing a few games of ten-pins after their six o'clock dinner has had time to adjust itself. They get into a lively perspiration and into a condition of bodily vigour, and when a bountiful supply of cool water has cleansed the surface of their skins, and when they have enjoyed in quiet the refreshment of their cigars, they endure the warmth of the rest of the evening with a composure, good nature and philosophy, which are the envy of their less heroic companions.—Evening Mail. BIRTHS. On the 14th inst., at 5, York-gate, Regent's-park, Mrs. Palgrave, of a son. On the 14th inst., at 19, Grosvenor-square, Viscountess Milton, of a daughter. MARRIAGES. On the 14th inst., at St. Luke's Church, Cheltenham, Henry Edward Surtees, Esq., of Dane End, Hertz, to Mary Isabella, youngest daughter of Francis Adams, Esq., of Clifton, and Cotswold Grange, Cheltenham. On the 14th inst. at Trinity Church, Clapham-common, John Dawson, Esq., of Salford, Manchester, to Harriet Louisa, fourth daughter of the late Jenkin Jones, Esq., of 7, Cedars-road, Clapham-common. DEATHS On the 13th inst. , at Saltash, Cornwall, James Campbell, Esq., Commander R.N. On the 14th inst., at 14, York-street west, Commercial road east, Mr. William Waghorne, aged 73. London : Printed by GIDEON ACLAND BOYCE, of No. 112,. Strand, Printer, and Published by him at THE SUN Office, No. 112, Strand, in the Precinct of the - Sa.croy, in t County of Middlesex. - •• Monday, July 18, 1870.