The Sun. — London, England, 1867-03-19 00:00:00

MONEY MARKET AND COMPIERCTAT , iNTELLIGENCA. TWELVE O'CLO(2K. In the general discount market there is still a very limited inquiry, and the rates current for the negotiation of short-dated first-class commercial paper still remain at 2/ 3 per cent. No bullion operations of importance took place at the Bank of England yesterday. In the silver market there has been no change whatever. The failure was announced yesterday afternoon of Messrs. F. Goodyear and Co., warehousemen, of Old Change. The liabilities are upwards of £150,000, and the losses arc stated to have arisen principally in connection with Australia. The stoppage was also announced of Messrs. Wilkinson and Co., flax spinners, of Leeds. The liabilities are estimated at £150,000 to £200,000, and the assets are believed to be considerable. Messrs. G. and A. Worm have notified that the coupons of the English series (K) of the 5 per cent. Debentures of the Dutch Mortgage Bank, due Ist April next, will be paid at the rate of £1 ss. each on and after that date, at their office. . At a meeting of the Merchant Banking Company, Limited, held to-day, a dividend at the rate of 5 per cent. per annum was declared. The dividend at the rate of 12s. 6d. per share on the first issue, and 6s 2d. per share on the second issue, will be payable on and after the 23d instant. The Committee of the Stock Exchange have appointed Friday, the 22d March, a settling-day in the Obligations of the Dutch Indian Railway Com pany, which are " to be marked." At the extraordinary general meeting held to-day Of the Mauritius Land Credit and Agency Company a statement of accounts to the 31st December last was submitted, which showed a balance of £l,BBO available, after deducting rebate of interest (£2,859), setting aside £250 to the credit of the reserve fund, .and providing for all current expenses chargeable against the half-year. The dividend recommended was at the rate of 5 per cent. per annum. In the matter of Overend, Gurney, and Co. (Limited), it is stated that a bill has been filed in Chancery, by the Defence Association, against Messrs. H. T. Barclay, S. G. Buxton, and W. Rennie, to establish the right of their constituents to recover the whole of the money which they .have already paid, or may ultimately lose through the misrepresentations to which the five gentlemen . in question are alleged to have been parties. The active partners in the old firm of Overend, Gurney, and Co. are also defendants. For Bank and Miscellaneous Shares the inquiries have again been very restricted, and there is little change to report in values. Alliance are marked 15f ; Atlantic Telegraph 8 per Cents., 7i ; Cre dit Fonder of England, 2i j ; and National Dis count Company, 13. A remittance has been received, amounting to £584 195., on account of the dividends on the debt of Ecuador. Business in the Foreign and Colonial Produce Markets during the last few days has remained inactive, consequent, in a great measure, upon the unfavourable state of the weather. The operations in tea have been deferred until the public sales, which commence to-day. In sugar the dealings have only been to a moderate extent, but at steady prices, while superior qualities of coffee have main tained full values. In rice, fruit, and spices there has been about an average amount of business en tered into at former rates. For tallow also there has been a fair speculative inquiry, and late rates for both present and forward delivery are well sup ported. Two o'CL•cK. The English Funds show rather less firmness. Consols for money have declined 1, to 90 91, and also for the account to 91 1. The New Threes and Reduced Annuities are 89 1 1; ditto New 21 per Cents., 721 ; Annuities (1585), 12/1 ; Exchequer Bills, 14s. 183. for March, and 14s. 15s. for June. Bauk Stock, 248 ex div. for opening, and India 5 per . Cepts., 109 S. Business in the Foreign Stock Market has re mained very quiet. Italian 5 per Cents., however, have advanced 1, to 531 j, and the Russian Loan Scrip to 21 1 prem. ; while Turkish 5 per Cents. have declined 1, to 30 1 ; and the Chilian Loan Scrip *, to 11 dis. American Securities are in a few instances a shade firmer, Erie Shares having improved 1, to 39 : 1 401. tfnited States 5-20 Bonds remain steady at 741 1, and Illinois Shares at 774 781. Atlantic and Great Western Railway Deben tures have advanced 1, to 331 341, and the Con solidated Mortgage Bonds remain firm at 241 251. A firmer tone has prevailed in the Railway Share Market, but the dealings have been confined to a few of the principal undertakings. Caledonian, Great Eastern, and Midland have each advanced about 1. MINING MARKET. TUESDAY, Two o'Clock. In the Mining Market business has remained very quiet. Annexed are the current quotations : Bryn Gwiog, ——; Chiverton Moor, 81 ; Chou tales Gold, 2 21 ; Clifford Amalgamate, 6f 7 ; Cooks' Xitchen, 11 12 ; Drakewells, —s —s; East Basset, 20 21; East Caradon, —; East Cam Brea, 2 2i ; East Lovell, —; East Russell, 31 1; East Wheal Grenville, 2f 21; Great Laxey, 161 171; Great North Downs ; ; Great Itetallack, 31 1; Great South Tolgus, —s —d —s ; ( heat Wheal Yer, 20 21 ; Marko Valley, 44f ; North e rofty, 51 1; North Roskoar, ——; North Treskerby, 2 1 ; Prince of Wales, 5250 d 54s Od ; Prosper United, 31 ; p rovidence Mines, 32 34; Rosewall Hill and Ransoms ' United s Od —s Od; South Cond urrow, —s —s ; South renville, s —d ; South Iferodsfoot, —; Tincroft, 14 1 15} ; West Caradon, —; West Chiveiton, 59 61; west Seton, ——; West Drakewells, —s —s ; Wheal 13aeset, —— ; Wheal Buller, ; Wheal Chiverton, 101; Wheal Grenville, 205 22s 6d.; Wheal Seton, 1021 5. • BRITISH FUNDS—ONE O'CLOCK. , GOVERNMENT FUNDS. ° per Cent. Consols Do. Account, April 10 9l* 8 ~,Per Cent. Reduced B9* 1 New 3 per Cent '"eNv 2* per Cent. Jan. 1894 72* . . Do. 5 per Cent. Jan. 1873 'Onuities, 30 yrs, expire sth Jan., 1880 Do. for 30 yrs, expire sth April, 1885 l2l Do (Red Sea Telegraph), Aug. 1908, — 3 1101., March. I 171 Ct., June. t zehequer Bills, £l,OOO, 4 per Ct. — I Do £5OO „ 14 18 pm I 14 15 pm Do £lOO & £2OO ,; 14 18 pm l 'l4 15 pm B ank of England Stock, 6/ per Cent ... 218 id for op'ng. INDIAN GOVERNMENT SECURITIES. InOlau Stock, 19- per Cent., Apri11874... Do. Account 1 20. 5 per Cent. July, 1880 Do. 4 per Cent.,Oct.Oct 1888 Do. Certificates „I / 0. Enfaced Paper 4 per Cent ' DO. 5 per Cent., Jan. 1872 DO. 51 per Cent., May 1879 — Do. Tieb., 5 per Cent., Aug. 1873 .:-.::- — Do. Bonds, 5 per Cent., £l,OOO 1) 0. under £l,000 A t FOREIGN FUNDS—ONE O'CLOCK. gentine Republic, 6 per Cent — 4 „oetrian Bonds, 5 per Cent, 1859 — o tazili an 5 per Cent — D o. 41 per Cent., 1852-58-60 . T ., Do. 1863 D . 5 per Cent., 1865 ~ -.0 Account t "o• £lOO Bonds 73} ' , e009 Ayres 6 per Cent. bo 2 per Cent. (Deferred 3 per Cent.) , -Ilian 6 per Cent a — Do. 4} per Cent — vO. 6 per Cent A ,0. 4) . N 0. 17 1867 C". Scrip, £2O paid ll. die A. • " 0 , oilman, 6 per Cent. h,, u !, 6 per Cent. -4 ' lBl, 3 per Cent., 1825 D • 0 r Cent., 1861 ... aaape ubianPrincipalities, 7 per Cent I,l, l ador New Consolidated, 1 per Cent — u o• Provisional Land Warrant — Do befened gYptia,u 7 per Cent 0 1) ~ • Seco n d I ssue ' lO . £lOO Bonds 4 " )0 • Do. 1864 B3 4 Do. £lOO Bonds B4* 1 fa uo G overnment R a il way D e b entures — W it 5 per Cents., 1824-5, ex Coupons % •,-,- Account i °•,•,,, Uoupons 1i,,0* Account IT.iteinala 5 per Cent .. — ta 4 5 per Cer t 1863 Ts o, Account . — 31 1 " , O. Marerurnana Railway — I " car - 3 Iw'r Cent — D itto for Account Do. 1864 — Do 6 per Cent, Anglo-French — Aontevideau 6 per Cent. • — Moorish Imperial 5 per Cent New Granada — Do 3 per Cen — Do. Deferred Do Laud Warrants (Hectares) Pe nvian 5 per Cent., 1865 Do Account • — Do 41 per Cent., 1865 Do 41 per Cent. (Uribarren) Do 4} per Cent., 1862 Do Account P euguese 3 per Ct.; 185 S, '6, '7, '9,'60,'2,'3 42i 11 iussian 5 per Cent., 1822, £ St B7l Do 41 per Cent. 1850 Do 41 per Cent.; 1860 Do 3 pm Cent.., 1859 -- Do 5 t ier Cont., 1862 BBl 7 7 8 81 Po. 5 per Cent., 1864 9ll • D •. Anglo-Dutch, 1866, all paid BBl .1 Do. do. ' £25 paid 2:l put .lardinia,n 5 per Cent SpAnish 3 per Cent Do Acc')unt • . • — Do New Deferred — Do. Account Passive Do — Do Accsaut • 221 2 -3panish Cert. of Coup not funded — Du Account Swedish 4 per Cent. — Do. 41 per Cont. 186-1 . Do. Scrip, £6O paid rurkish 6 per Cent. 1854 — Do. Account Do 6 per Cent. 1858 Do. Account Do £lOO Bonds Do 6 per Cent. 1862 Do Account 551 Do £lOO Bonds Do 6 per Cent., 1863 — Do 5 per Cent., 1865 Do. Account Do. 6 per Cent., 1865 — Do. 4 per Cent. Guaranteed 99i Venezuela, 3 per Cent. Do. 6 Ter Cent, 1864 — __ . . _. .. .... Ditto per Cent. Divilenos on the above payable in London. Austnan, o per Cent., Ex. 10 Florins — Belgian. 41 per cent., Ex. . 26f Dutch 2* per Cont. Ex. 12 Guit,. — Do.. 4 per Cent. Certificates French Rentes, 3 per Cent., Ex. 25f. — Itaitan 3 por °enc. 1831, Ex. 251. Do. Acconnt TWO O'CLOCK. Consols, Money. 9oi 1 Do. Account LAW INTELLIGENCE. DIVORCE COURT. (Before, sir J. P. Wilde.) PEATY V. PEATY. In this case Dr. Spinks, Q.C., asked that judg ment might be postponed. Sir James Wilde said that he did not intend to make a decree, but to express an opinion, and then said—This is a suit instituted for a nullity of mar riage, on the ground that the wife is and was at the time of the marriage of unsound mind. Before her marriage she had displayed traits of insanity, and on the 19th August, when she was married, she was insane. The learned judge then reviewed all the evidence which was adduced at the trial, and said that it was impossible for the Court to doubt that this lady was of unsound mind. It was not to be attributed to eccentricity. It had begun before marriage, and had exhibited itself immediately after it. After the latter event she had displayed the mania again, and had left her husband, and was with difficulty brought back by his father.. After making the amount of allowance for the painful disease under which the lady was suffering, there could be no doubt that there was every evidence of insanity. It had been laid down by Lord Stowell that mar riage was a contract as well as a religious ceremony, and must be regarded as a contract. It must be taken into consideration that the friends of Mrs. Peaty had allowed the husband, though a man of moderate means, to support her for three years, which he had done with a rare and disinterested fidelity. He had known her many years before marriage, and her friends had stood by when he married her. Taking, however, all the circumstances of the marriage into consideration ; that it was contracted when the wife was in an unsound state of mind, he (the learned Judge) should not make any decree, but allow Mr. Peaty, as it was asserted that his wife 'wad now in a sound state of mind, to try that question if he pleased. MARKETS.-- Illis day. HAY. SIIMMELD.—Mettdow hay, £2 15s to LI 5s ; clover, £4 Os to £5 lOs; and straw, £2 O's to £2 Os per load. Trade quiet. CUMBERLAND.—Meadow hay, .C 2 159 to .£4 lOs ; clover, £4 Os to £5 lOs Od ; and straw, £2 Os to £2 6s per load. Demand limited. WitrrEmarEL.—Meadow hay, £2 15s to £4 5s ; clovet, £4 Os to £5 108 Od ; and straw, £2 Os to £2 ds per load. Trade slow. COLONIAL. TEL—There has been very little business transacted, the trade having deferred their purchases until the public sales of China, which commence to-day, when about 18 ; 000 packages, of which 16,000 aro without reserve, will be offered. SUGAR. — The demand for West India descriptions has not been very active, but good brown qualities have fully maintained former values. The stocks on hand in the United Kingdom, compared with thoso of the correspond ing period of last year, show a decrease of about 12,000 tons. COFFEE.—A fair inquiry has prevailed for superior descriptions of Plantation Ceylon, and late rates have been well maintained. RlCE.—There has been a moderate enquiry, and prices have slightly tended upwards. TALLow.—T here has: been a fair business transacted during the week in the Tallow-market, but almost entirely by speculators, to close former sales. The trade has done but little, and for the moment there are no export orders. The advance here has had a corresponding effect on prices at St. Petersburg, and 47i roubles, with hand-money, have been paid for delivery for August. The exchange was 3 15-16. To-day the market is firm at 44s on the spot, 13s 9d to 44s April to June only, and 44s 6d October to Decem ber. Australian beef fetches 43s to 43s 6d. Town tallow 43s net cash. Lady Stanley of Alderley has cards out for an assembly for to-morrow evening, at the family residence in Dover-street , Piccadilly. Sir Edward and Lady Rokewode Gage have left town for their sent, Hongravo Hall, Suffolk. The Right Hon. R. Nisbet and Lady Mary Hamil ton and Miss Hamilton have arrived in town for the season from their seat in Scotland. DEATH OF A COUNTY COURT JUDGE.—The death of Mr. J. Espinasse, judge of the county court for West Kent, was announced yesterday Mr. Espinasse had held the appointment since the passing of the act for the esta blishment of the courts in 1847, but for some time past he has been prevented discharging his duties, which have been carried outby Mr. R. Fowler, barrister. The appoint ment, which is worth.£l,soo a-yea; is in the gift of the Lord Chancellor. Loss OF A STEAMER AND SCHOONER NEAR DUB LIN.—By telegraph we learn that during a heavy snow storm on Sunday a steamer was lost at Salt Hill, and a schooner at Howth, within a few miles of Dublin. PARR AND SALMON.--Mr. John Shaw, of Drum laurig Park, died last Wednesday. For many generations there had been a controversy as to whether the small fish called a "parr" was the young of the salmon ; and a great many hot and positive assertions had been uttered and printed on both sides. Instead of stating opinions or draw ing inferences, Mr. Shaw, more than 30 years ago, sot him self to ascertain facts. With the permission of the Duke of Buceleuch (on whose Dumfries-shire estates he was head keeper), he erected ponds on the banks of thoNith at Drum lanrig, where he carried out a sort of triple experiment, making assurance trebly sure. Ho put, parrs into the pond, and they became salmon smolts'; he took what was under stood to be salmon roe from the river, and it became parrs; and he took pairs of salmon from the river, expressed their milt and roe, and the produce was again parrs. All subse quent experiments have confirmed Mr. Shaw's experiments, made so long ago as 1836, and have added little or nothing to them.—Seotmtan. IMPROVEMENTS IN TELEGRAPIIS.—There is DOW on trial, at the chief office of the London District Tele graph Company, in Cannon-street, a telegraph instrument which, in point of detail and result, appears to bo the nearest approach to simplicity and perfection hitherto avail able for public or private use. It is a printing instrument, producing letters printed in ordinary type by means of pressing small keys bearing the respective letters. It is worked by a combination of clockwork and .electricity, and'has now been in use for some 'weeks without a single derangement. Other somewhat similar results have been arrived at by other instruments, but, with the exception of that invented by Professor Hughes, none have been brought into successful use. This instrument has, how ever, many advantages over that of Professor Hughes. It does not exceed 15 square inches in size, it is entirely simple in all its arrangements, is portable, and costs less than a third of that invented by Professor Hughes. These many advantages render it particularly suitable for private telegraphs, as any one can work it, a printed record is kept of the message, and should no one bo in attendance to re ceive a message when transmitted, the printed slip will remain for attention as soon as any one is present to at tend to it, rHE SUN, LONDON, TUESDAY EVENING, MARCH 19, 1867. SHARE MARKETS—This day. ORDINARY SHARES AND STOCKS. Share l Railways. p a i d. ' ClosPriceing I Busi ne done ss . . isruswi ano 10liaer Caledonian Cambrian Cork and 8and0n...... Cornwall Dublin & Belfast June Dun„Perth, & Ab. June ' .London, scrip Certl 81 83 113 115 4tl lb 1111 13 20 at et 100 4 6 65 63 70 72 DO. - Glasgow & S. Western l Great Eastern, Ord. stk. 107 0? 27 2S 5 7 271 Do. E. Angl. st. No. Great North ol Scotland] Great Northern D... A stock • I Do. B stock • Do. ew, as. at 25 pip,' t 5, and W. of Ireland' t, Western -Original' Do. S. V.O. Rail gua. Do. South Wales Uo. W. Mid.— Gitoro , Do. Newpo. t 115 ;37 I i 1:::3 100 ICO 100 1(•0 100 SI 01 4) 4 10 371 10i 2tl 23 Latie , asitire Yorkblio - v; t...,ndon and Mackwalll L 9111., S Coat , Dove; Do. lietrop. max. A Lon. dt orlii Western 'Lon. do South. Weisteril {au.. Steel., bz Linoolti' Metropolitan Do. New 125 ItO 42 51 in 7tl : 17 lo 13 10 117 :1A SO t 2 47 49 21 1;2 100 10t) 100 100 all 7) f 5 .1 1161 If to 801 471 8 1401 I Do. k.:xtension Iletropolitau District Do. do. ' de. Do. and St. John's W .11.id , aud Do. £9 Share 115! 15 1 Do, Birruiu.. Jr. Derb) Mid Kent . No. th British ...... Do. Ed., l'th., ds Dun. N th. East ern— 13 erwios: Do. ti.N•E Do. Leeds Do. York Do. Carlisle 110. IS took, & Darling' Do. do. 1860-01 Sorth London Do. do. 1&64.5 Do. to. 1866 North Staffordshire N. &.8. W. Junction Scottish Ccntral 'Scot: N. E Aber. stock -i3o. Scot, Mid. st.,ok Shropshire Union South Devon south E..steru itainCB, Wok., & Wok 'Calf Vale Do. C Vale 0/ Neath IVateriord & Kilkenny Waterloo & Whiteha I West. Cornwall WI SPORTING INTELLIGENCE.—This Day. WARWICK RACES.—This D.Y. BY ELECTRIC TELEGRAPH. RACING STAKES. Rebecca colt Pocket Hercules Dinah TRIAL STAKES. Saccharometer Huntsman . . • Redan 3 Arrived—Rock and. St. Clair. Rates postponed until to-morrow on account of the FIIOIV. VICTORIA CLUB BE 1 TIN G.—Tms DAY. But a scanty attendance and very little doing to -day. There was a disposition to back The Rake for the Derby. The illayonaise filly was so fre quently inquired after for the City and Suburban, that she advanced to 14 to 1, while DaDT made an onward move in the quotations for the Chester Cup. CITY AND SITItIMBAN. 100 to 8 agst Wild Agnes (.ffered) 14 to 1 agst Mayonaise filly (taken 100. to 6 agst Longdown (offered) 25 to 1 agst Thalia (offered, take 33 to 1) 25 to 1 agst Ostregor (faken) IMPERIAL PARLIAMENT HOUSE OF LORDS—LAST EVENING-. The LORD 011ANCELLOR took his seat on the woolsack at fire o'clock. PETITIONS. Viscount LIFFORD presented a petition from the in habitants of Dunmore, in the county Derry, in Ireland, against the sale of spirituons liquors on Sunday. The Archbishop.of CANTERBURY presented a peti tion from the inhabitants of Chipping Norton, in Essex, against the sale of intoxicating liquors on Sunday. 105 107. la il' 85 S 7 34 35 4 18 101. li3 62 (3 96 98 34. 36 19 11 p it!, It s 1 Z. 1 21, 83 'l2 113 11. i 1-18 ISZ ?.4 44 46 67 A% tS 10 115 60 3 4. BKITISH lOti at At tante St. Lawrence Born., Baroda, In. zoi to tag gu. 5 per cent .Do. F shares Buffalo Lake nuroo Do. Preference Goderich 6 p e. .871-3-F f.aloutta 4; S. E., Um al e Town Dock, gu Demerara, 7 p.c. per. p East. Bengal, gu., 6 do !Cast ludian, gu. 5 p.c. Do. .1 Eitasioxi ,iiandTrunkot Canadi Do. .I , :qulp. Mort, Bond' 1 charge 6 p.c Do. Ist Pref. Bonds Do. do deferred ... De. 2d Pref. Do. do. deterred .... Do. 3d Pref. 5t00k.... Do. do. deferred .... Do. 4th Prei. stook Do. do. deterred .... t. India Pen. gua. sp.e. o. Gum. 5 per cent.. Do. New gua. 5 p. 0.. t. South of Ii! is Isstl 100 kOO 100 all 100 100 gux. 5 per cent .1) 11 per cent 1310N3. E 7 Ml 100 102 Id i t f 44 76 tq 60 55 10L 103 101 IG3 106 107 20 22 85 88 57 5V 53 61 52 54 37 40 23 25 106 106 if 1I i 1; 100 192 91 93 Do - ()mat Wus. of Canada.. Do. New .. •• Do. 6 p. C Bc.s. pay. 1873 Do. 54 do. pay. 1877-8.. Indian Branch, limited Madras, gua. 5 p.o Do. 41 do Do. 4a do Do. Filth Extension 3lelb. Cor. 6 p. C. Buds. Mel. & Hudson's Bay N.lll.C' da, 6pc lstpt.ba; Seindo .. Do. Delhi Do. do Do. Punjaub.... Do.lndus St.Flot 102 107 j 81 'lo7i 12& 13 1 14 12 F 8 22 81 64 11 11 100 102 02 94 - 85 90 121 f ioo {leo lo lOU 100 82 S 5 97 9.) 97 98 1 97 98 COLONIAL GOVEItkLIIENT SHOURITI.66. - British Columbia, 6 per cent., Deo. 31,1972 100 - - .Can.Gov.6p.c.Jaat July 1877-84 - " Do. 6p. 0. Feb. & Aug 1 0 98 00 Do. 5 1). c. Mar. & Sept 10u 100 302 - - 1)o. sp. c. Jan. & July 100 88 VO - Do. sp. e. Inscribed SI, 100 t 7 8) - Cape G.llope, 6 p.c. 1873 100 10: 114 • Apl.&oot ,1890-15100 100 105 107 110. do ISSO-90 100 14.4 106 -- Do. Jan.&July, 12:20-9 t 100 102 101 1045 - Do. 5 per scut- 15 April anti 15 Oct., 1900 lOO 91 o. Nov. 1868, 6 p WU 101 103 • D - 1878, do lOO It:6 8 Mauritius, 6p: 0, 1873, • Jan. and. July - Do. 1-78 ... .O: 103 103 --. 00. 1882, May 15, Nov. . 100 103 (06 . • Do. 1895, Feb. & Aug lOO 11;5 107 „Natal -lov. 6 per cent lou 98 110 - n.c.Ja.&.lul) 160 10 98 • -• S. B.W. GOY. 5 1re..,1811 , 100 91 VI Do. 5 p.c. 18;1 to 187 lOO - - Do. 5 p.c. 1888 to 1893 100 85 67 864 - ,Dlew Zealand, 6p. cent 190 101 102 Do. 5 per cent.... - Nova So Ala Goy. 6p. c sterling, 1875 l9O 96 98 - Queensland Gov. 6p. c. 100 91 t'3 015 ,S. Aus.Gov. 6 p.c 1868-9 100 - Do. 1878 & upwards., I( 0 106 .08 - .Vlo,Gov. 6 p.o.Ja &July 100 • - - „ .Do. do, April & Oct lOO 107 0 0 1039 BRITISH MINES. Cam. Consol. Gold, lira. 1 - Chiverton - Clifford Amalgamated. 30 7 9 - Devon G. Cons. gavot. 1 400 110 - Drake walls 2.1.0 1 15 - East Bassett (Illogan) 2119 22 24 - East Caradon 2. 1 4 .0 5 6 - East Cam Brea 34 3 34 • - East Grenville 2.14.0 2 3 - East Gunnislake. B, 3.0 5 6 - East Love.' 3,9.0 9 10 - hI. WI Russell (Tavistk 11.2.8 35 34 - Gam.& StAubyn(G wen. 66 4 5 4 Great I..txcy, limited all 16 17 - Great South 'folgus 0.14.1 - Great Wheal Busy. 11.9.0 1 1. Wheal Vor (lielst , ie 40 2C 22 - 'Grenville 8.18.1 15 19 Gerod's Foot .... 8.10.0 32 31 - aingston Downs 2/ - Margaret (Uny Lelant 13 17.0 7 9 Marke Valley 1.10.6 39 s 4 4 viwyndy Iron Ore, fin S. 29 lid - Seton _ liorth Roakear .I:Wh'l Bassett (Illogan 4.1.0 - - - North Wheal Crotty - Prosper United 7.1.6 25 24 - •vidence Uny Lelant 1.146. - , 26 28 - I S. Camden (St. Ulcer) lf 310 530 - !South Condurrow :3.2.0 15 - , S.Wheal Fran. (Mogan 18.1&9 - itray Park 35.15.6 35 4i - Tin Croft 9 12 14 155 - Vigra and (Mogan, Um all - West itassett (Mogan Caradon (Ltskeard 1' 9 .1 _ West Chiverton ll 61 03 West Setou - Wheal Bassett Illogan 5A 6i 75 - Wheal Buller (Redrutll 111 23 *.es Wheal Mary Ann (Men. 6 11 13 - Wheal Seton iVheal Trelawney (Lis ' 5.17.0 10 12 ettElelsaili:N bilikitics. Hid ConSo lidated, 6 per cent. stock, Ditto, Bristol and Birm., 6 per cent., 128 MOREJELN RAILWArB. Dutch Rhenish, 18i •Neat Luxembourg. 10,1 San Paulo, lirn., gua. 6 per cent., 14 1'•Oltlill(31 , 1 MINKS. Chontales Gold and Sliver Mining, '2i Von Podia, North Vet Roy, a pin tit..loini dcl Rey, lint.. :Ai United. Mexican, Ilia., 2 DOCKS. I ondon and St. Katharine, 6O RANI S. Alliance, Jim.. 151 1 nglo Austrian, 7 • Chartered Bank of India. Austral ia, and Valna, 17 onaolidated Bank, tim., 41 I nperiat Bank, llm., 221 Imperial Ottoman, lim.. 81 Loudon and Comity, 56 51 London Joint Stock, 421 • • London acid i estminster, 93 Unto' , or Australia, 47# , Union of Loudon, 441 1 MISCELLANEOUB. Anglo-American Telegraph, 16 Atlantic relegraph, 40 35 Dit o, 8 per cent., 721 71} • - Credit Fonder of England. lim . 21 1 Ebbw Vale, 9, Electric and I n t ern ational Teleilraph. 13 2 London tieneraithunitma Company, lint. 3 'dray Irt , gation and Canal (gnaranttr d 5 percent. by In , dian Government), 20} National Discount Company, 13 Peninsula and Oriental steam, Ditto, new, (31 Royal 51,11 Steam, 104 Submarine Telegraph, 63 Te e rape cons rue. and Maintea., lim., Ditto, 131 4 Viceroy of Egypt, Mortgage, Loan, 721 The Guarantee Bill, says the Cal.:a/Ilan News, for the lutercolouial Railway will, we tutderstand,. be brought in at the earliest possible moment. The amount for which the guarantee will ba asked is mow stated at £3,000,000, and not, as previously reported, id £4,000,000. Tho delegates who now remain in London to watch the progress of this bill are the Hon. MessrS. 31‘Donald, Howland, and M'Dougall, representing Canada; Mr. Henry, representing Nova Scotia; and Messrs. Tilley, Mitchell, Fisher, and Wilmot, representing -New Bruns wick. TREASURE TROVE.—An extensive and extra ordinary discovery of treasure trove (Spanish pillar dollars) has been made on the sea beach, midway between West Hartlepool and Seaton Carew, opposite to a farm known as Carr House. The recent severe weather and heavy sea has been the cause of all the surface sand being washed from the beach at this locality, and for upwards of a mile along the shore layers of peat and pebbles alone form the surface of the coast, and it is in the midst of the peat that the singular discovery hob,len untde. PRIVATE BUSINESS. Tho following bill 3 were read a third time :—Tho Fisherton, Anger, and annerton Water, and the Barking THE ALEMONY ARREARS BILL. This bill was read a third time. THE 'DUTY ON DOGS 'BILL. On the motion of the Earl of BELAIORE, this la was read a second time. The house then adjourned. HOUSE OF COMMONS-LAST EVENING. The SrEAKER-took the chair at four o'clock. The galleries devoted to the members of the House .of Peers wero very fully attended this evening. The Strangers' Gallery, of course, was crowded. At twenty-five minutes past four the Chancellor of the Exchequer entered the house and took his seat without the slightest manifestation of feeling either from the Go vernment or Opposition side of the house. At this hour not a single seat in the house was unoccupied. FLOGGING IN THE ARMY. Sir J. PANANGTON said the Government could not consider the vote come to tho other evening with respect to the abolition of this punishment in the army as con clusive, and therefore the usual clause would be intro duced in the Mutiny Act. The motion could, therefore, be again raised bymoving that the clause be struck out of the bill. . • THE. REFORM BILL. The CHANCELLOR of the EXCHEQUER rose at 20 niinutes to 5 o'clock. The right hOn. gentleman, 'tVlinteas received with ra - thAembdued cheers from the . 4.l4niSterial benches, said,l.r*, sir,. to ask for leave to introduce a bill further to amend the laws for regulating the principles of the representation of the peoplein Parliament. Sir, the principles of political representation, and especially as ap plied to the circumstances of this country, have been of late years so profoundly and extensively discussed and inves tigated, that it is really not necessary on this occasion that I should advert to them. (Hear, hear.) I propose, there fore, to confine my observations to two points. I will en deavour, first, to convoy clearly to the house the object of the Government in the bill I am asking leavnto introduce; and-secondly, I will detail the means by which, in their opinion, that purpose can be accomplished. It will be for the houseto consider whether that object is desirable, and then, if desirable, whether the means we propose are ade quate. That is the issue. Therefore, in the first place, I will say that our object is not only to maintain but to strengthen the characterand functions of this house. They are peculiar in any popular assembly. Perhaps they are not only rare, but unexampled in any other representative system. The House of Commons• has combined national representation with the duties of a senate. That peculiar union has, in our opinion, been owing to the variety of the elements of which it is formed. That variety of character has given it its deliberative powers, and it owes to its deli berative power its general authority. Sir, we wish not only to maintain but to strengthen that character ; and we be lieve that in the present age, and under the existing cir cumstances of the country, the best way to maintain and to strengthen that character and those functionsis to estab lish them on a broad, popular basis. (Hear, hear.) I know there are some in whom the epithet may create a feeling of distrust; but, sir, I attribute that sentiment of alarm which is connected with that word rather to a misapprehension of -its meaning and to a perplexity of ideas, which too often confound popular privileges with democratic rights. They are not the same; they are not similar. More than that, they are contrary. (Hear, hear, from the Opposition.) Popular privileges are consistent with a state of society in which there is great inequality of condition. Democratic rights, on the contrary, demand that there shall be equality of condition as the fundamental basis of that society which they found and create. Sir, I ant apt to believe this a distinction which ought to be borne in mind by the house in considering the propositions and provisions of the bill I am asking leave to introduce. If this measure be a pro posal that her Majesty shall be able to concede to her sub jects, with the advice and concurrence of her Parliament , a large measure of popular privileges, then there may he; many provisions in this bill which may appear prudent, wise, and essentially constitutional. But if, on the other hand, it is looked upon as a bill to confer democratic rights, then I admit much that may be proposed may be looked upon as indefensible and unjust. But, sir, we' do not' live under a democracy., I trust it will never bathe fate of this country to live under a democracy. (Conservative cheerse) - Certainly the prepositions I am going to make to-night . have no tendency in that direction. (Laughter.) Generally speaking, I would say that, looking - at what haS occurred since the Reform Act of 1832—looking at-the increase of population, at 'the spread of industry, at the spread of knowledge, and at: the ingenuity which has generally pre vailed in the arts of this country, we aro of opinion that numbers and thoughts end feelings have been created since that time which it is desirable should be admitted within the circle of the constitution, and we wish that admis sion should take place in the spirit of our existing in stitutions and with deference to the provisions of our ancient line. (ilear, hear.) Sir, in considering the question of the distribution of power in the State, which is really the one before us, I would at first call the at tention of the house to that portion which is perhaps the most important, certainly the most interesting—that is, the possession of the clectorial franchise ; and I would ask tha consideration of hon. members in the first instance to that part which has most engaged attention of late years, and which may • be fairly described as that which most commands the interest and attention of the public at pre sent—that is, the franchise which should prevail in boroughs. I would at once ask the house to consider the principles upon which the occupation franchise ought to rest, and upon what principles it is expedient to found it. Now, sir, in 1832, the borough franchise was founded upon the principle of value. Those who 'Jived in £lO houses—tbose who paid £lO for the house in which they lived—subject to certain 'regulations as regarded rates and residence, had the borough frauchiso conferred upon them. Sir, I . believe that franchise might fairly be considered as having been an efficient and satisfactory franchise, and that in its generation it operated to the advantage of the country. My opinion is, and has always been from the commencement, that the seed sown in the arrangement of the borough franchise would in the course of time lead to some disturbance. That may be a question of controversy—it is a question of con troversy, and I will not indulge in any controversy. Nevertheless, it is an historical fact that 20 years, and only 20 years, after the passing of the great measure of 1832, the principal, or at least one of the principal, authors of that measure announced in this house that the arrange ments with respect to boroughs were no longer satisfac tory, and called upon the house to consider a new arrange ment, which might bring about a more general assent. It is a fact which cannot be denied. The proposition which was then made by the statesman who individually had taken the most prominent part in the ;Act of 1832 in this house—the proposition which he made to allay the dis content, and to meet the requirements of the time—was a diminution of the value on which that franchise was esta blished. That pictexeSition was received with no satisfac tion ; and from o_4 time jantil the presevt—now, I think;-• some 15 years - the subject has more or lessengaged public • attention, and haffl been considered by public men, .who have proposed various schemes for the solution of the diffi cult queStibu. All have been unsatisfactory, all have been unsucessful, and all have been distinguished by the one characteristic that the only remedy which they proposed was the diminution in some form or in some degree of the principle of value upon which the franchise was at that time held. The house will easily call to its recollection the numerous combinations and figures which have been sub mitted to Parliament. Rating and rental, £7 in every form, £6, and now we hear of other figures—but no pro position has given any satisfaction, because the country, and the house, reflecting the feeling of the cour.try, have only recognised that changes were proposed, but that set tlement was not insured. - (Cheers and counter cheers.) Now, sir, last year a bill was brought forward with the same object as the one which I am to propose to-night, namely, to amend the laws with regard to the representa tion of the people in Parliament. ! That measure avowedly was not founded upon principle. (Murmurs.) It was avowedly fonnded, as I understood, upon expediency. The right hon. gentleman who so powerfully and eloquently brought the question befdre the house, if I understood the course of his argument,- laid down as a principle that it was necessary there should be an admission of the work ing classes into the constituencies, and, at a certain figure which he fixed, ho calculated a certain number would be admitted, and at another he fixed upon a different number, which he thought would be excessive, would be admitted, and therefore ho considered the first figure sufficient. I mean no offence to the right hon. gentleman, but the ar rangement which lie esteemed a proper arrangement has not been an expedient arrangement. The house knows what took place during the long discussions last year. (Ironical cheers and counter cheers long continued.) The house knows—and, as I infer from that cheer, the house recognises—the truth of what I say. (A laugh.) On both sides there was a very general feeling that the propositions made by the Government afforded no prospect of a settle ment. (Cheers.) I believe there will be no question of that, and a very considerable period of time was employed in an unsatisfactory manner, until at last the house took the mat ter in its own hands - (oh,' oh) —and in a debate, followed by one of the largest divisions that ever took place, the House of Commons then did, with regard to the borough franchise, assert a principle, and it was carried by a majo rity. That principle was that the borough franchise should be founded upon rating. (Cheers and counter cheers.) Hon. gentlemen seem to agree that that statement is fair and ample. No one doubts for a moment, the Government did not doubt, the importance of that decision.- That was a de cision entirely opposed to the whole policy which the Go verument during that session had recommended. Of course had they not acknowledged the importance of that deter mination, they would not have retired from the possession of power. But they felt that that decision of the House of Commons, arrived at in a very full house, was one entirely opposed to the whole policy which during that session they had advocated. I do not say that every gentleman on' either side of the house-and gentlemen on both sides of the house largely contributed to the majority-I do not say that every gentleman iu a division which numbered, I be lievetabove 600 members, had thoroughly investigated and pursued to its last consequences all that must result feorn the assertion and adoption of that principle. But:There happeneti, chat ha ppens , in all popular assemblies, a great and hop irtaut decision was arrived at by the unerring instinct of the House of Commons. (Oh, laughter, and Ministerial cheers.) They felt that, for fifteen years, this qitestiounf the borough flauchise had trot been treeted in a satisfactory manner by any who bad attempted to deal with it, and that the time had come when some principle ought to be laid down for the guidance of those who might have to offer propasitious to the letuie on the subject; and they did that in a distinct and decided manner. Now, sir, I take it fur granted that if ever there was a decision of the House of Commons which was not a trifling, decision, but a decision which Meant something, it was that decision which decided the fate of a Ministry, and which the Ministry of the day understood to mean something ; and if anything has added to the character and reality of this house of late years, it was the vote at which the house arrived on that occasion. I assume and cannot.doubt that the house meant by the vote which they arrived at on that occasion title-that a person who `was entrusted with a vote to elect members of Parliament Should be ono who for the regularity - of his` life and the general trustworthiness of his conduct some qualifications and security should be given, and they thought theta man who was rated to the relief of the poor, and who paid his rates, gave that fair assurance which the State had a right to require. - (Hear.) I take it that the house meant this, if you are going to invest men with the exercise of public rights let us accompany that great trust with with the'ex eicise'ef public duties. - (Hear.) They said that, in their opinion, being rated to the poor : and paying the rates, was ti fair assurance that the man who' performed this office was one who for the regularity of whose life and the general trustworthiness of whose conduct there was a pro per guarantee. That was a principle they thought ought not to be lost sight of, but ought to be a sine qua non in the settlement of the borough franchise-In having to consider this question we accept to guide us that, decision of the house, upon which we have placed what "we believe to be the real interpretation. We believe that the House of Com mons has resolved and wishes that the borough- suffrage shall be bound up and united with the duty of paying,rates to the maintenance of the poor, and paying them really. - That rating franchise is what the house intended by the resolution, Well, sir, having accepted the decision of the house with that interpretation to guide us, we had to consider how far we could unite that with the principle of value which hitherto ' had been and which still is the law of the country with re gard to this franchise, and which almost, without an ex ception, has been adopted by Parliament in all its discus sions upon the question during the last fifteen years. Well, sir, but lin.. this attempt the result was not satisfactory. The moment we accepted the real, genuine, and authentic principle of rating to guide us, we found disturbiug meats which promised no prospect of solution, and which gave no chance of permanent settlement, and therefore under these circumstances the course of consideration we proposed to ourselves was to examine the whole question 'of occupation in boroughs, and to see what would be the effect of the application of the principle of genuine rating without reference to value. Now, let me call the attention of the house to these figures, which I take from a return which will be immediately in the hands of members, but in a much more detailed form than that which I now hold before me. There are in the boroughs of England and Wales 1,367,000 male householders, of which there are at present qualified 644,000. There would remain therefore unqualified to vote 723,000. Now, in dealing with these 723,000 and applying the principle which we are for the moment considering, of a franchise founded upon being rated to the poor and paying the rates, we find that out of these 723,000, now under the existing law disqualified, or rather not qualified for voting, we should have at once to take away 237,000; that is to say, that beneath the £lO line which now prevails there are 237,000 persons who are rated to the poor and who pay their rates, and who if the law were altered so that value was not an element of it, would then be qualified to vote for members of Par liament. Now, if we adi these 237,000 poisons who are rated to the poor and pay their rates to the 614,000 who are at present qu dolled, you will find then 881,000 per sons who would then fulfil these conditions; that is to sa y,' almost exactly two-thirds of the whole of the' house holders in the boroughs of England and Wales. There would then still remain 486,200 householders, who would -not be qualified under alms° circumstances because. they du not pay rates personally. No . douht from : the 486,000 persons great deductions must be made for the migratory character of a large portion of 'them. Bat there would then remain a great proportion of those 480,000 persons who have not the opportunity of being rated to the - poor, because by certain acts of Parliament, some of a gene ral character and souse of a local character, the owners pay the rates, and compound for the rates of tenants and occu piers, who in consequence of that arrangement aro called compound householders. Most of these are under the ope ration of an act with which doubtless every gentleman in the house is familiar, viz., the Small 'renementsAct. There are in England 58 boroughs which are entirely under the operation of the Small Tenements Act, and 96 boroughsin which there are parishes under the operation of that act, so that they aro partially under the operation of tho small 'Tenements Act. Now, sir, in considering the settlement of the franchise for boroughs, and considering the possibility of attempting to establish it, not upon a fluctuating prin ciple of value, which is only a question-of degree, and which may vary, and which you may be called on to change from year to year, it is impossible not to consider the question of , the peculiar position of the compound householders. A question had arisen whether compound householders should have a vote. Well, sir, in our opinion, and assuming that the house is of the sante opinion, the foundation of the franchise should be rating-the payment of rates ; and that that is adopted by the house, not as a check, as some may say, but, on the contrary, as a qualification-(hear, hear) -and because it is the best evidence of the trustworthiness of the individual. We have no hesitation in saying our selyea that we du think the compound householders, as a compound householder, ought.to have a vote, (Hear, hear.) But, sir, we aro far from saying that. any person who is a compound householder-from the influence of acts which have been passed for the convenience of vestries -should be depiived of the opportunity of obtaining, and enjoying those rights which persons iu the sante sphere may have had . granted to them, and which, for aught we know, these compound householders may be equally competent to enjoy and fulfil. Therefore, we shall have . to con s sidee.whether it would not be possible to concede to all these compound householders who are deprived for the moment, by the rating acts to which I have referred, either .of general or a I,cal character-whether it might not be pos s . sible to give them the right of accepting a public duty arid enjoying in consequence the public right which others in the same sphere of life, and influenced in their conduct by the same condition of existence, might possess. And taking this general view of the question, seeing the impossibility of nettling this question upon any principle connected with value, and that it is only by talgug the rating principle in its completeness and authenticity that you can get a principle op which you can rest, and upon which there is a perfect settlement-our opinion is- and we shall make • thatproposition to the house-to establish the franchise in boroughs.upon this principle : that any man who has oedupi6d a house for two years and been rated to the relief of the poor, and has paid his rates-that every householder under • these conditions should enjoy the borough franchise. (Cheers.) By that means the 237,000 peisons who aro now rated and pay their rates would be, of course, at once qualified to enter; but with regard to the compound householders, we propose that every facility shall be given to them-that they shall be allowed to outer their names 'upon the rate book, and to fulfil the constitu tional. conditions to which we have adverted ; and then they can of course accede to theconstitutional right I have mentioned. .(Cheers.) Now, sir, by that, it we pursue- that course, you have your borough franchise fixed upon a prin ciple. .(Hear, Lear.) You know where you are. You know that the power of electing members of Parliament must be exercised by men who by their position in life have shown that they are qualified f or the trust. And meeting the dif ficulty - of the compo und householder by the provisions which are in the bill, which will give every facility to claim the exercise of the same right, on condition of fulfilling the same duty, the whole of the 723,000 householders in the boroughs of England that aro at present not qualified to vote for members of Parliament will be qualified by the bill I propose and am asking leave to introduce. Nor will there be a men among them who, if he deserves the frau &lase, may not have it. (CheerS.) Now, sir, I have heard many:. observations on this question of the com punad honsehold,T;. They are not arguments -Alley are plausible statements. Th"y really du amount to this that those who wish that the compound housohold'or should not qualify himself for a vote by the constitu tional condition we propose as a means by which the suffrage should be obtained, really, in fact, make one as sumption upon which all their remarks are founded ; and it is this, that the working classes of this country are really so little interested in the possession and exercise of the suffrage that they won't take the slightest trouble in order to avail themselves of it and to possess it. (Hear, hoar.) Well, that may be the opinion of those who make these observations, but it is not the opinion of her Ma jesty's Ministers. We . believe that the feeling of the great body of the people on this great subject is very gene rid, and that it is a feeling very-likely to increase in this country- (hear, hear) -and that the couditlonS'whlch we . have laid down as those which should qualify a house holder in a borough for a vote are consistent with the , security of society, and are at the same time conditions , which would ho agrooable to the mind of every industrious man of integrity. (Hear, bear.) Now 1 will just recapitulate to the house for a moment the figures we have to deal with, because such vague assertions are made, in the absence of accurate statistics on the subjects of voting and house holders, that it is well for the house to bear in mind what these figures are : There are 1,367,000 male householders in the boroughs of England; and, at the present moment, there are 644,000 of them qualified to vote. Mr. BRIGHT—May I ask if only houses are counted, or whether the figures include warehouses, shops, and other buildings ? Tho CHANCELLOR of tho EXCHEQUER—These are housps. Mr. BRIG LlT—Houses only? The CHANCELLOR of the EXCIIE4UER- -11ou-see . ; dwelling-houses. (Hear, hear.) The male ocettp'sirs of dwelling-house's. Of the 723,000, if the house accedes to the building which I am asking leave to introduce, 237,000 now rated to the poor; and paying their rates, would im mediately be qualified to vote; and to the 486,000 who re main, and who are compound householders, faCilities will be afforded, so that if they chose to claim their vote—that is to say, to pay their rites, insert their names in the rate book--they will also, as a 'water of cou.s., attain to the enjoyment of the franchise. Well, sir, that appears to us to be the onlysiohl foundation upon which you can settle t'xis question of the borough franchiss, and I have heard, nothing which gives m 9 any hope that any other plan can be offered which involves at the same time a permanent settlement. The State has a right to ask that a person who exercises the suffrage is not a migratory pauper. And as regards settlement, I can see no satisfactory settlement unless you lay down the, principle that every 'householder who fulfils the constitutional conditions to which I have adverted, aid which prove hint to be fitted for the exer cise of such a trust—unless you take that course, I can see no chance but that this question will be fur ever -agitated. (Hear, hear.) Now, sir, there is a plan which lam told at this moment is popular among certain persons —some of them, no doubt, members of this house. There are a great many' , plans, both as regards tke suffrage and the distribu tion cf seats and other matters, which I have no doubt will come uudor the consideration of the houSes and when they do it will be very much to the advantagoaef - these who in troduce them to our notice; for I believe that no subject can ever be better understood-Shan situ-, a -diacussiou in the Ilintse of Commons. -;:(litiar.) But there is a plan I ton toldwhich is popular with dertain persons, and which is held forth as a more satisfactory settlement of this question than the one I have proposed; and that is what isscalled the £5 rating—the suffrage to be established on 1,..f..5 rating. Now, sir, I must say, having brid very much.i i n consider this question, I know' .no §erbonian bog deeper than this £5 rating would involve us in. % In the present state of the law, as I have told the house, lithe interpre tation that we have placed upon the great Vote of last year be a sound one, and if really the ll9tssa 9f Commons means the principle of rating to be the foundation of the suffrage—the rating to be bone fuse and authentic rating-, then there is no such thing. Taking what is nominally a £5 rating as your foundation, you get a very numerous and in discriminate number of persons let in to the enjoyment of rights without the preliminary performance of chides ; and who when let in, will leave a great many behind them who, because Others are let in, immediately cry to be ad mitted. If, in the present state of the law, there is no no minal rating which does not practically admit a multi tudo of compound householders, then where is your settle ment ? Because there is no more reason why a£s rating should give a vote than a £4. Then lam told this great difficulty is to be overcome by these moans—there is to be a violent change in the law of England. Nominally £5 raters are to be turned into boua fide £5 raters by the ope ration of the law, and the law is to provide that after this change takes place, and men who were nominally rated at £5 are really rated at £5, no Englishman with that fran chise is to enjoy the privilege of voting, and that all under that are in fact to be taken out of the sphere of self-go verntnent, and deprived of the opportunity which the humblest now possesses„ and would possess under the plan we propose, of performing a public duty and consequently obtaining public rights. (Cheers.) I can imagine no scheme more injurious, I may say more fatal, than a pro position of that kind. It seems to me that if we were to adopt it, manhood suffrage would bo the logical and neces sary consequence ; and every man who finds that he is in a position in which he may not be permitted to fulfil a con stitutional condition which may give him a constitutional right, would naturally fall back into the arms of the lowest agitators, and feel that his only chance of everattaining the rights of citizenship would bo by a process which hitherto has not been recognised by any authorities in this country. (Hear, hear.) I have now expressed to the house, so far as the occupation in boroughs is concerned, on what principle we recommend the borough franchise to be founded. It is one which would make at once 237,000 persons qualified for the suffrage, and would allow all who were not rated before to avail themselves of the right, and so, if they choose, to become electors. (Hear, hear.) But it is said, and it has ,been said by a very high authority, ono for whom I have a great personal regard arid respect—though, consideriusswhat a high. Authority,ho•its-I tlink-ho some times, especially with regard to his opponents, makes very reckless remarks - (laughter) —that the plan of the Govern- Mesa, with which at the time that great authority was un acaptainted, and for. which he really might have waited— (laughter)—was an insult on the rights and power of the middle classes. That certainly is not the intention of her Majesty's Government. ller Majesty's Government ate anxious that, on the one, hand, the aristocracy, and, on the other, the working classes, should have their full share in the parliamentary constitution•ef 'the - country; but thay recognise with sincerity the extreme expediency that the influence of the middle class of the country should not be diminished. They look to the steady virtues of that class to exercise a right bias on the constitut.on of this country, and they believe that the influence and authority which they obtained to a groat degree in 1832 has beets exercised wisely, worthily, and to the advantage of this country. (Cheers.) But if there is, by the proposition which I have to make, a chance of such a result as that which has been intimated by this great authority, why I think that we meet it by a proposition to iestituto a franchise founded on a most popular principle, and one in which the middle class must largely partake, that is, the franchise founded on the payment of direct taxation. (Hear, hear.) We pro pose that every person in England who pays 20s. a year direct taxation shall possess a vote. (Hear, hear.) Mr. GLADSTONE —Whether he be a compound house holder or not ? • • • The CHANCELLOR of tha EXCHEQUER—NiThoever pays 20s. annual direct taxation shall have a 'rote, and thus we can build up the constituencies' which would establisik the franchise in the boroughs upon two great principle; the payment of direct taxation, and the pay ment of rates. (Cheers.) But it has been urged that the enjoyment of this franchise, founded upon the payment of direct taxation, is ono that would not be enjoyed as in tended in a great degree by the class whose influence it is said our proposition may assail. That is te . say, that most of them are householders, and, therefore, they would not enjoy this franchise. We meet that objection by propos ing that a person who pays 20s. direct taxation, and who enjoys the franchise, which depends upon the payment of direct taxation, if he is also a householder and pays his: rates, may exercise his suffrage in rospect'ef both qualifi cations. Oh, oh !" from the Opposition, and Ministerial cheers.) Mr. GLADSTONE here put a question to the Chancellor of the Exchequer, but was received with cries of " Order.'' The Chancellor of the 'Exchequer having resumed his seat, sh l to w p is u i t l a to qi n ie s s k tio w n h A o v i h h i e c r h a i s cvoeurly . Lave e paying vote m M s. r ie G ri l , a il d t s o to t n h e e sa s id u — bje l c w t. i, payingnt m en tioned,his ow a w r o a u t lT d is i ) r u e n ct d , oeuiax:toe lie t l h d e er a , lo u t in respect of paying direct taxation? 'l'he CHANCELLOR of the EXCHEQUER—He would, of. course, have a vote in respect of the franchise he enjoys as a payer of direct taxation, and if he chose to pay his rates in addition Le would have two votes. (Hear, hear.) 13:fere I give to the house a general summary of the re sult of this upon the borough constituency, there aro yet some other franchises with which the house is familiar, but whien I wish to recommend to their consideration. Mr. ROEBUCK—WiII tlui right hon. gentleman state what he moans by direct taxation ? (Hear, hozir.) . til l e ' p h a e ym e e ll n 2k t N of C in E eo L L ID O () R tax of an th d e as E se X s e se H d E tL g ix tj es ß ; R t -L ut l m w e i tt s z to oliserva that that would not include the qualification which was so humorously referred to by an hon. gentleman* opposite, because it would not include anything paid under licences of any description. (Laughter and cheers.) But there;nre other franchises which we propese, and though they are not of vast importance, still they are founded on right principles, and I hope the house will candidly consider them. The vote which we wish t o f oun d up o n the poi session of £5O property in the fund s an d £5 O property in the savings banks constitute property qualifications of this character. We will give to small holders of personal pro perty the same privilege which the small holden; of real property have ; and as a man with a freehold of 40s. has a votA, we think that a person whohas an equivalent-property of a personal character shoal I also have a vote. (Hear.) And they are votes which we believe would be entrusted to a class connected in a great degree with' the working classes, and which would be vary advantageously exer cised. (Hear, hear.) Then, again, there is the educatioLeil franchise. It, has been said that if you introduce a suffrage founded on the payment of direct taxation, it would sup ply means for exercising a vote to those persons who would otherwise figure under the head of educational franchise. This is to a certain degree no doubt true ; but after inves tigating what would be the operation of such a franchise I find there are many persons in whose conditiou the house would be deeply interested, w ho, es p ecially in the country, would not have the opportuni t y , either as householders or payers o f direct taxation, o f exercising the suffrage. Yet they are people peculiarly qualified for such a trust, and amongst others the po sition of ministers of religion is remarkable. (Hoar, hear.) I speak of ministers of all sects, and I find that those men devote their lives to the solace and the elevation• of their sense of ex istence, and would admirably exercise to a certain degree a political influence; but either as householders or as payers of taxes, especially to the amount of 205., they would certa:nly be debarred from voting. Therefore I trust that the house will allow these three suffrages to pa ss. Now the general result of this would be —I speak METROPOLITAN ATAXE S. 7to 1 agst Dunsany (offered, take Bto 1) 100 to 7 bar one (offered) CHESTER CCP. 100 to 8 agst Dolby (offered, take 100 to 7) 300 to 10 agst Moulsey (taken) TWO THOUSAND. 200 to 60 agst Plaudit (taken) 10 to 1 agst Ilermit . (takep) 200 to 6 agst Jasper (taken) DERBY. 100 to 12 agst The Rake (taken) TAT TERSALLS'—Last Eveuing. CITY AND SUARBAN. 12 to 1 agSt Wild Agnes'(offered) 100 to 6 agst Mayonaise filly (taken) 25 to 1 agst Ostreger (taken) 50 to 1 agst Weather Star (taken and offered) METROPOLIT2OI. Bto 1 agst Dunsany (taken) 100 to 6 agst Tourman (taken) 20 to 1 agst Retribution (taken) 25 to 1 agst Tormentor (taken) TWO THOUSAND. 6to 1 agst Julius (taken and offered) DERBY. Bto 1 agst The Rake (offered) 10 to 1 agst D'Estournel (t a k en ) 11 to 1 agst Hermit (taken) 100 to 8 agst Plaudit (taken) 14 to 1 agst Dragon (taken and'offered) 28 to 1 agst Vauban (taken) 33 to 1 agst Grand Cross (taken) RUGBY RACES. These races are postponed till Monday, April 1. SALE BY MESSRS. TATTERSALL AT ALBERT GATE. MONDAY, MARCH 18. The following have beon hunted:— Gs. ... 10 Prince Edward, gr c, 8 yrs (Mr. Hogo.. Order, b c, 3 yrs, by Gomm di Vergy—Needle (Mr. . . . _ Bilham) 20 Lilly Hoo, b f, 5 yrs, by Prime Minister—Merry Peal (Mr. Slipper) ... 101 Piano, b f, 5 yrs, by Fandango—Aapasia(Mr Barnett) 12 Escort, bf, 3 yrs, by Van Dieman—Remnant (Mr. C. ~ 13 Baker) ... Wanderer (late St. Alexis) b g, by Stockwell—Men dicant (Mr. Wilson) ... Bay Filly, 3 yrs, by Bon Cossack—Bianca (Mr. 11111)... 10 Chestnut Mare, 6 yrs, by Hobby unbroko (Mr. Shirley) ... ... 8 THE SOILED DOVE CASE. The following correspondence between Mr. Chaplin and Admiral Rous will be read with interest : - TO TILE COMMITTEE OF TATTERSALL'S SUBSCRIPTION ROOM. 9, Dover-street, Piccadilly, W., March 15, 1P67. Gentle men,—As it appears from the notice at Tatter sall's on Monday last that the question in reference to th e bets in the Soiled Dove case was settled by three members of the 'committee only, whereas Rule VIII. of Tattersall's' provides that the quorum shall be five, I beg to submit to the members of the committee that, in justice to the backers'of Soiled Dove, the cab should at least be heard and decided by the recognised tribunal.constituted accord ing to the rules, and by such tribunal only.—l remain, gentlemen, your obedient servant, HENRY CHAPLIN. (C opy.) • • • 13, Berkeley-street, March 18, 1867. Dear Chaplin,—fn answer to your letter objecting t 3 the legality of a quorum of three members, in violation of Rule 8 published in the original publications, I beg to inform you that the committee resolved, in July, 1865, to reduce the quorum from five to three, owing to the difficulty of scouring five members for ten months in the year. At that time 1 informed Messrs. Tattersall and the clerks that in future three members would form a quorum, and I desired Mr. Thomas to substitute three for five in the Bth Rule. The Huntingdon case, in '65, which was of great importance, was decided by a quorum of three. Mr. Bevill objected in similar terms to your letter as to the incompetency of the tribunal. The committee then agreed unanimously that, without again entering into the merits of the case, the award should be confirmed. We can make no distinction between Mr. Bevill and yourself. With respect to the Soiled Dove case, which has been postponed from the 22d of November to the 11th of March, owing to tho inability of collecting a quorum of three members, the sooner the accounts are settled the better it will be for all parties—l am, very truly yours, To Henry Chaplin, Esq. H. J. Rona, Chairman. NOTICE.—CHANGE OF ADDRESS.--;r011N STINK, late Of Beaufort Buildings; Strand, returns his best thanks for the patronage he has received during the past year, and begs to inform his friends that ho has removed to 25, Wel lington-street, Strand, London, where commissions will be executed to any amount. Price Lists as usual. T. and G. LEE, of the Wheatsheaf, Worship-street, Shoreditch; at Three King-court, Lombard-street; and at Ono Swan-yard, Bislaopsgate-street. W. HOPKINS and JOHN AMBROSE (member of Tattersall's Victoria, and other Clubs) Execde Conimissions on Si races, throughout the year. Address-33, OICENDEN. STREET, ITATMA-RNET. JOHN PERCIVAL, Oxford Cigar Stores, 3, Panton-stroet, Haymarket, W. Mr. GRORGE WEBB, Commission Agent, 125, Queen's crescent, Haverstock-hill. Commissions executed from 10s. upwards. Post-office Orders to be made payable at the Haverstock-hill Branch. Price Lists sent on receipt of a stamped envelope. Mr. W. has Lists posted daily at the Arches, near Farringdon-street, and in Georgh-Yard ; also through his Agents, Mr. P. Butler, near Meat's Brewery ; and at Mr. Roberts', Tobacconist, 19, ,Seymour-street, Euston-square... Evenings atter 7 at Mr. 0: Durham's, Freemasons' Arms, Long-acre, near DrUry-lane ; and at Mr. Roberts' as above. TICKETS NOW READY for HARRY WILSON'S CITY AND SUBURBAN HANDICAP SWEEP. Drawn MONDAY, March 25, 1867. 10,000 members, at ls. each ; and 3;000 members, at 2s. 6]. each. Address, with two stamped directed envelopes, to HarrylWiison, Tutf Herald Office, Hull. Commissions executed, from 58. on all rams, Price Lists daily. RACING FlX't RES 'OR 1867. Eastbourne hunt ...... 1 Northampton ............ 2 Cardiff ..................... 2 Windsor Spring ......... 4 Edinburgh Sp. Meeting 6 Lichfield 5pring......... 8 Newmarket Craven...... ..8 Aborgarnany Thirsk Newmarket la Spring 22 Durham .. 22 • Catterick Ohoster BO Ascot Spring ; 7 7 I York Spring Doncaster Spring ..-••• 9 9 Salisbury 14 Bath JUI , Ascot Summer ..........•; 4 Windsor Summer Manchester Summer 17 Hampton l3 B ° i d b i u hl ry rn Olub lB OOTO. Northampton Autumn 1 Edinburgh Bedford 3 JU Carlisle - 2 Newmarket July 2 Pontefract - 8 Reading Liverpool July Meeting 10 Hangerford AUG Nottingham l6 Ripon Brighton ........•••• 6 Brighton Olnt) 8 Lewes Egham ... . l3 Wolverhampton l3 Stockton Oxford • ... 15 Hastings York August . 1 2l. Harpenden Epsom Croydon - 29 Nowtonr 29 Beverley Stockbridge l9 Chelmsford Summer .... 2o N , ‘ \yeast le •• Ipswich 27 Worcester Mummer 27 'BEE,. Newmarket 2d October 7 Cheltenhnin lb Newmarket Houghton EA Down Royal Cotporatn l7 Stamford Radcliffe Huntingdon 23 Winchester Southampton Goodwood UST. Dover West Drayton 22 Plymouth ..... 22 Canterbury Derby Lichfield Yarmouth 27 Weymouth Tunbridge Baden Baden I ,I