The Sun. — London, England, 1855-04-17 00:00:00

...... _ til r i , j wti 0 te470,01 Aii: 2 ' 1 ,-, 4 —i. 4: " 4 ' 4 v 4 ti g • '4'q i• 4 ;;" '-.' ''' •fv• ' • ' $ .p, , i' • c , ,-'. eli, 4' L..... ' ."' IV —"'" • YO-Ri RACES. (THIS DAY.) REA.T INIGRTFIERN HANDICAP. 111 ) R be e ?M ar CRA VEN STAKES. ...... rtnce ..... ........ ......... Thirteen ran. ( L., A E Di CO3IZ E RPIA T , rwT -;7;LIGPiCC°' the Cotton CITY, Two O'CLOCK. Oc isea t market at Liverpool yesterday et li i , w , r i l illY, at steady prices. The sales were r ,„, e(l at 8,000 bales (1,000 Of which were for t ,z ` - " , and 1 ,009 on speculation), comprising 310 - I. l)tiall , i at 5- iii. to 91. ; 1,599 Surat at 3d., to ib T he Il ailvi'ay share market was flat, . and T he without ally material alteration. 4 „. , steanierA.ntelop:i has arrived from Australia. -,..aates a.re old. • j I lle La •i i i a from West tt -li es , Pinta is tecegrapae the pi,: dit ions -e lids now been afforded to consider the con thi 411 of the new loan, and the Probable terms aft „ e s 0111 .( 1 be offered, and we may appropriately to a, Th e to th e opinions expressed in different guar- Li 9 Chancellor of the Exchequer, like all 1 14 . e l) n r t e e t i cin-e , ess ere, no doubt, since loans were first I th. )um to Contend with powerful capitatisti, 5 B eek t •• Bkl . 0 drive as hard a bargain as possible ; We • . wh ile the th e aPPrehend 'present system lasts, it will, , ' 44 , . , never be otherwise. When ', e s t i rd l rvi ew with the city magnates took place ‘4e ne-:43') it was at first intimated by positively 411 1. ,Chancellor that he would receive t . enders . from 41 au,„ J but the capitalists present immediately 'h In ge -el and the Clairman of the Stock Ex ,, A ., liSro aid and hesitate ' t assert that such a per -4 • ' would ~, lap % be "fatal to o the loan." The reason , -44 lte ) , ell'lugh , contractors would hesitate to " 41 4 a 1 , ? - h ." a list if exposed to the competition of per till' t r eat to smaller allotments, for in honesttrc l it k h, ro , ‘ er ke :,, a ii contractor must have his profit k: bean _t oo r the trouble lie takes andrisk he 4tli . it etiti P i . o sed to run. Thus wefind t a ti n e y Govern- tt , t O4 the LEY at the mercy of a few - large firms, t 1 )f co Present occasion without even the bene -1,1•1 iherlePetition among them, as Messrs. Baring t, m tliki:', w ho alone could compete with Messrs. Ilb r iie l ,, , "B ovev not officially represented' at the in -0,1;i laakt:lllo(lawtlelispresume, do not intend to make point we do not write positively, ha ,:p et 4 at the best, here are but two firms to a 4 theyef'r the loan and, just supposing the case tk el ' di, i ie4 .l - v. , l ose by common . accord to take a ;very ' t alk 1-v! " of affairs-=arid Baron Rothschild ill. I ,‘ ? a lotesterday of the war probably last- N. - . LtY W ell g tune though many think Russia ti: f sre th . c eePt the' very - mild third proposition kc ifeS t thel3 l We is over they might either 4 e ePt vo Zan or compel the Government to FF k (l3, ~,I l y , /ow terms. The Chancellor Jias no 'ea h Ile the present system lasts, and the e Plan of national subscription opened at the t ` "11 f ' B ee. v t , gland will alone offer protection in such 11; T BIlo.. " . e 40 hope to see this plan triad even yet, ka 'qtr.,. . 4 a+ r 0 Luca prejudice and adherence to form di 'll4tryr°lg hold upon the public in this ti flictilt,4ld that consequently it is much more L e '0 j iit „ t; th ekß e • toutlee anything new, than would be -r r etli rie l o li t trance,. the time must come when the k the t aL , W ill have to be tried. hi ei e ne gt 7 i t a l g hi of the loan in Consols renders r • .4, e but t 41 ae(1 i ' I annuities, .sum could . 1 1 14 k! la w 11 t eralinab f lo a u nuities,orif o e f ve b n ei t n ; 4 4 l e to terminable issued' with the condition (5 f e4llCti o f in terest after a stated n urn y ears on 7 :NW ' the country would gain. The deposit ° " 1 0/. 4le ote beingamounts, arranged in-9 viz., 144 1414 Cl v taell, and two on the 22d of May, and the 13 I '',g i' ' 3l. 15 1. each, will give a full hundred 0 em be r - cash to tt rib ll by the 18th of Wili le —...p.twe or the 1, /lex.t. Should the war continue there •u e , -11 0 .: t he .0 ey rules uaducenlent to p a y i n a d vance , un l ess Piet Who . " .as cheap as at present, but with pcace ••et e ill Xte ill, ". for th,,, ell millions would probably be comt eh) it h Y the I .!: k e of getting the stock and profi - tll -°r3 for a l-e , i il l Prices. At present the spe lt:- stc 'ek ca n - L 441 have' an ascendancy because _._ uo , • 41 A ltion ei at g th e c. iot at . any moment by paying for D ina Qualit t ,, ' dilations made are that Govern i al i ; e ls, a nd - rec eive 1001. cash for every hundred riii .l , lll ) but a 3 .° . Yeare annuity of say 12s. per I k , If 00 °Prnions and calculations are very 1, 0 get f ro Il suls be worth 89, the contractor has li t 4 ! i ble' eolli ,°°vernraent as large an interest as all'll.-rituliled during 30 years, for the acldi- s Oha. at will make up the 1001. he pays to 11 1 "cell o' . of 0, ( , , ere L as 1 the Exchequer. 01 % an ' a 'een an extensive business doing.in fai i t , r eat iii he ose who feel inclined to take some t) . rh ' l l orq ~.T l ‘iew Loan naturally speculate fOr a t,l l :° •'qov e e s L'e get the stock as cheaply as possible lh i . ,, a, to rt litient, or, what amounts to the-same hit l i n tt Y Yea rs as ranch interest as they can for the t : 891 ..78. Consols have been 99i to 1 1, and 14 13 °4 for transfer and account. Some L er e , li t ide - given to the market by the ~, ) e x ~a ' that R ussia can -01 44 estl etit t hardly refuse the (to tf t ' Low e , e ruls proffered. On 'this very ac • b li ala r , 4 ' e r, if Russia does accept, the people 1 10:71 1 ter 1 1 41 : 1 ,1 show good' cause for dissatisfaction. C e ,,',' 14 . "s h ave been 53. to 1_034.- and India t l ii". ' ba ve L ° 14 11• premium. The New 3 per i f , le% 88i t°:u 8 9,1 to i, and the Reduced An l'll,l:r.eiga 5 9 .4• Bank Stock is firm at 210. 11 -lab SC .4• 'are all rather lower, but liFisi "ffer Par an Fi ve ost, being down to 731 and 721. %44; lexi ca Cents. have been done at 89 and are ; t lia.i i i s '''. S took is at 201, and Chilian at 661-. h e t c i l et, at 86. Belgian Four per Cents. 0, 044 fop, wi , 5 44 ,• -- -q te ll " are the nominal prices of foreign Nr• s l. t o 11„Va Deferred Bonds, 61- to 6i ; TAiexi -42 t ente. ) 48 ' 1 - ; Peruvian, 69 to 71; ditto Three thtt,„ (l tt ; t., vi 50 ; Portuguese Four per Cents., '1 ) a.izi . 0," 11 r. 4 ' ,, - ; B ian Five per Cents., 99 to 101; Per 01." '4 1... - ;, (4 R - -Flall per Cents., 89 to 91; dit to ellts,, ap"eferred, 17 7 to 181 ; ditto _Three Th e l' .,, 4B hiv e l i t ° 364 ; ditto Certificates, 5 to 51; hea r nh' l l' 't to 4# , ._ 4l 1 . 4y , 8 , • I % h ow Y 'lltr er , . "are Market has been heavy, but 111 44 - ev er, v e _i n ir il op i o . r .o t . i . ........ to the N f i c t i E nd ao s s, . 96:,,, There . „„ . N I:3' little doing. Foreign Shares are 1 1 41 Iteq N , ' l 4 ''-exi e b are fir a ll Mine are steady. Crystal 4 ' 4 1 4 124 ' ttl. Oriental Bank is at full rates. I. `` Pilim, 1 4 14, ( ir '°'l , th . i 3 I " , ) 11t tk ....,. Oilit - tat.i.,zt,., , Ilminoitl dons 1 / 4 ee•Q t . 4t"tile.k,'„i",* ..................... I bli 1 0 4 (1011,01, Anlinitiits..... .... 84 9i 81 9 0 1 1,, 4 -eltt, . 441,Tiiieu . .... 901 i 90 f 894 90 89,1 tot to, 'IR, )'4tilllnities .. ' fin 7 l% let ,'° ••,.. .." eA che ulr At, tlO OO .... •••••._ ....... . ll li R ae iVillq g e, °' 4 ,lotl .4 Ao 4, ..iN, , .ay 9O 1. eq t , ‘l, „...,. id. 6, I tt(l,' ' 41 111 ,11 IL ijrti,;(BlBsFi...3"i ..... rent. r , bi ts ll l4 l , 4 i' ()1tp„. 1 _,..,.... , .) Her 99 4 ' I ' ''') :3 m, 6 Per (-ent. ..... •••••••—•••• kIIN:: , .t, 4 1.1( la, 18,)t..,7..4. it ct !'t!l holier (me,,;:' , ' Pe Cent 1 : 3 ,t,„ R m., 12-2 Ditto t S t t: , c; s pe'rscrezirt.C.eut. £ St 8 10 6 J 99 h,ltt, r th e Per ee,it ••"'"''' el( lßr t 14411- .'eeoullt- • b il t tt itt° ;:::: .41-1..);:ie:r;e..„1.t..-....e..x.......2.A. .. 4..1y0, n 1.., ~, tse Ce nt. Ex. 25 1 r 94 bo d QRe . 4 , 11,)Ve pr,rahle lu LuliGoil. • ' P 4 e ell ' s ,'? Nr Cent. 12 Gu11... ,• Certifittea ..... EIALP-PAS T TWO 8o 1 s9i . i ........ 73A 21 73 s ta . 3; Aoe. .......... ............ • bit;,:' -... .. . No„ , tlk, '..,................ • ............... 0 4 tb Nt ---- ------ ...".................................. kt T ' Ala ------ ri ) , 11, ci o ta t 1, q., 4,y URNING—COUNTY KILKENNY. ht 1)444 'ugh' 1.. 11 4, er R; ed Mich "t, the dwelling-bonn e of a l i, t e.d.. , f l gz e c,,,,,, 1, tayel xilifilacelonntie;, situate at Ballinaki 11, 4t tli " 4 14 ' I . l Ppo s , was completely de fp, e ti , No n or ett to he the - work of some evi tili gs th t,i llal hou Persons. The family retired to bed 114,1Lic,httr-`s=t I,yr':;"4l Rome time after wen) aroused kozz,:.ritorppi,e_'e,y). bta,it,iciibe,tTir`,.:‘,:i,fof,;:ritel'itzi'o.ableutiisluilfra;cri'e's7 :- 7' -k .: 'V ere ' r eiY time to escape and retuovL, S _A RE A.IIKETS, THIS DAY.) - - 3►--- RAILWAYS. 1.4 Inv LTA )gin:' Pricto esterday. 11 , 20n,,4;,e yesterday. - 4 8.1 - 84 14 - 13 15 - 1G - 88 - VO 591 - 60 124 - 1:12, 6 - 8 4 - 3 51! - 6 11 - 15 zl - 111 It 'e.3 21 2': - 56 63' 4 4 - - 641 berleen , 5.14 - 1117. N'ett?:g. Et* Ea.:;ta. irrract. P.allyrnetr tl!rming. WOlverli . _ _ i riwnlia. l , al ^siA. ,t • (TheOlirc 70. et(,,.} - ,. 4; Birk Z 0 and Do., ..... &Tyn'origina £2L Geed. at £44 ;ristol and .Eseter.. ....... Itimarth en and Car digan ,c;liter HolyheA, "7orir Cork, Black, & Pm !rieff Jun ef,o n lei tit Dundee Per.:! tAb, .ieou day ction New aht Arq:77',jam L:ri,~'Yli UJrtitl ~'9.. ':~ ~,terr. - DAM', A Stoclz StQck... 10., New all at t 111 141 i 3 and l'eoble , ,. :=Aitt. PrLt. ,i;Dun.l,:-.! & Cl3rde Furness...... ..... Do. Extension fldase:ow &S. 'Neste Norther/1 :lO. r A. 5t0ck....., }()., B. Stoelt .:t. 3Um. s.z,Vieqt,("lrc. • 4 1 , 3 , t t, tWq.stern Stour Ra: Gua. iEh iouth- I 3trsr ,nem•ter & Carlis Do., Thirds Jo. Now ...5tic.,191.1. and \York , tiVst.. Riding U Crs by . Smith T ., .4)11(i tEu k'vva! & S.CA mint. and N. Woit' , )o. fths 4).:1t1 , ..51t., :I&B_. C 'o. LS.. Do., z 8 .. D 0.,, £4O T.,tztludrry& clo terabit :.ndrolrry. Pntim.',= • •Aaveh.Sho!'. , .:lke!, Do. Shares, No. Lai. ljii. Tintin g. :.1‘1.1(1, G, West,. (I ie. )1 ti wpt Half Shares, & Ca? \bow,. & Rd ewry r:nniskigo!: ewry Wa,rre,npoiw ad liostrevor. !rfulk Yortli North Devon, No. I I}o., No, 2 , 0., :3 4 Doferre 1 Do., Guar ant.., d N,Eastoro—Nrwit, Do. do. Extension d O , ;1, N. E. Parch D. Le: , ds Do. York ortli London Do. Now £lO ... . t.. N.Sz.S.Wstrn.,llatal ant City Jn. Sthfibraehir ,, . North Western N. & S. Westrn.Junv Nuneaton, liinekley I.nd Leiee Oxford, Worceater,& - Volverliamptop l'ortsniouth geottii,. Central Squttithltticliand ii.,,1-4 , shire Union D4vou Eastern South Walos Y. rksb. ti Riv. Dm. A:tinos,Wok, \Vol SUctlYyri k Darlin Stclktoli & ITartlepl a,fr Vale [Do. £lO Flares Do, Pr•Jf. No, 1 Thames Haven Doc and Pv-,i (way Vale of Neath. wAe r fl. Waterford& LimeriA West Cornwall West End of London and Crystal Palace 'West London IWimbletin Crqydon 7,f --- A 10() 931 - gd (I 1 -- 231 - 24 - 68A - 40' -- 42 11 - 9 - 2 47 - 49 34 23 23 7O 71 - 74 - 7 4j - 7 - 12jj -- 13 4 43 49 d par 4 d ar 28 - 28 97 - 99 63 - 15 45 - 121 t 3. 60 - 61 27A - 5 - 3 2 - 1 4 - 5 22 - t'4 - 6 6 -• 7 I t it 9 8 FOREIGN. Arntwerpacliott , rdam Belgian Eastn. Juno ers to Graissessae l3orabay, Baroda , and Central lodia s Scrip Central of Italy Demerara Mitch Rhenish' Eastern of France . Do. riew ' East Indian , g. 5 p. c. Do. Er :;ensiou D0.4l p, c. Ms., pay '57, convertible Do. do. do., '59, do Gd. Tk of Canafia A. is Do. St. Lawrence & Atlantic do. Do. Cert. of Deben., con. into SLk. till 'e.3 Do. Comp. 6 p. c., Gt. Cantralof Pruner; Gt. Indian Peninsula guar. 5 per cent. \ew 5 per cent. Co. Extensions.,.. (;rem.t lAuxerubourt. Contitilte(l. Shares . De. Obliiations (4t. Western o f Canad Shares - ......... Do. iids., payablo's7, with option till '35.. Do. do., 'B2, p. . Do. do., 78, p. Do. do., 73, withow option ilarui)tos & 'foront, ; pa cPut. Lake Con t, & tasl , LIIC^,I & Pistoj a 5 p.c pre* Lyons and Genova Lyons CS Moditetran :Anctra9 Do. New laria Autonia Do. do. New INianinr ee Liege (with interest) Do. (ex interest). Northern of France. D 0.20/. SI ts.late Char leroi and ErgmalineF guar. 3 p. c. & red. at 221/. dur. 8S yrs. front 1 Jan. 1554 Do. 201.3 p. c (ftcy. Ams. :11s. ) NorwegiabTrunkPret Paris and Lyons Ditto Bonds . . Pars and Orleans Paris and Ronon ParisOaeu & eh erbrg Rouen and Havre Royal Danish Royal Swedish Sambre and ITeuFs... no. 54 p. cent 1):ef. Scit:d . southern of Fran.on.. St. And row 's and. Quebec (Al,. -7 ,Test land ors per c. Pref... Western "of !Franco,. Wee... of Switzerland Wi,,ehaden Zealand roINT-srroi British Colonial liank acrd limn Company Britiai N. American Chartd. Bank of Asia Chrtd. Bilk. of India, Australia., & China Colonial Commercial of Lend English Scottish and A.ustre.lian Chart 1 !Jowl.. Chao, Bk. oil Australia Ditto Now. ,London and County.., London Joint Stock.. ILond. & Wehaninstcr' INational of England., Do. N©w !Natio.aal of Ireland. INow South Wales... lOrientol Bauk of I CorporAtion. 67oviDeial of Ireland Do. New Anstraltt.}3kg. i.(l/ . 1 Imp Co._ •., . . Do. Now Union. of London.... S 1 - Si - 2 - 21 par i p 2 . lid 34i --35 64 71 , 23 231 2 pj 9 - 8 - Si 43 - '5O i 83 - 90 - 2 L_ fir; par - - hp 21 -2; - i 7/ - 96 - 98 93 98 100 • 102 Oi 97 191. - 20 98 .100 ;ti% 2A - 3 p par 4 6 24 6 I 2 -13 J 9 22A, 23 p 47 49 40 42 per 22 22 par • 1p 2 lad 8 '--'Si pin 31 - 4 6 - 7 i• -- 5 BANKS, 80 -- 82 i - d A, d i i , $ d -- • ...~i 20 21 I d ... -- ... 33 - 35 39 - 41 65 - 68 7i - 8i toe ' 51 18 THE S(J N 4 Lo ,, DON, TUESDAY EVEkiINCI APRIL l7, 1855. MISCIML 80 - US. SPIRIT OF THE PUBLIC JOURNALS. Australian Agricult. Ausraln. "loyal Mai: Berlin Water Works Brit. American TAnd Brit. Ja. - Coln. Smeltg. and Reduction Co. (`dude Years appears to us too short's, term, since the burden is then thrown in the :rape of a high rate of interest on one genera tion. Our object is not prompt repayment at a great sacri fiee,_,bit the certainty that the debt will be gradually extin guished. Lastly,• we hare great doubts whether the Chancellor of the Exchequer would not have made a far simpler and more, successful operation if he bad addressed himself at once to popular subscription, and allowed tho public at large to contribute to the loan in twn or three diflbtent forms, but at a fixed price, in any sums above Mi. The French Government have twice resorted VISIT OF THE EMPEROR AND EMPRESS. • (Front the Times of this day.) No one who knows anything of the British people would be surprised at the scene yesterday presented in thin metro polis. Friend and foe, the most insular English Man and the most enlightened refugee from any or all the despotisms of Europe, would be equally prepared for • the sight of a count less multitude standing for hours, wherever they could stand, to catch a sight of the Emperor and Empress of the French, and to contribute such slight manifestations of good-will as their overpowering curiosity would allow. We shall expose ourselves to the imputation of flattery when we express our simple belief that from the moment their Imperial Majesties left their own palace on Sunday, morning to 7 o'clock last night, when they entered that of Queen Victoria, they were never for one moment out of the sight and sound of one cob tinned ovation. We can answer for all between Calais and Windsor Castle. The most striking part of this progress was the five miles, for it was little more, from the South-Eastern to the Great Western station, and this was traversed so slowly that an hour and a-half elapsed between the arrival at the one station and, the departure at the other. At every point of easy distance the populace, the carriages, the spectators from the windows, were as numerous and as eager as if the spectacle bad been confined to that oae spot, and as if the occasion had been one of the proudest in the annals of our own country.. Of course mach of this must be set down to the merest and sheerc3t curiosity—to the circumstance that an Emperor, and, still more, an Empress, is seldom seen in England ; to the promi nent position which. these personages have occupied in the talk of the day' for several years. Yet there- remains the question what it is that has so wonderfully moved our curio sity in this instance ?--Why do 'we, a constitutional ,people, flock in crowds to do a species of homage to one who has raised himself above constitutions and laws; and why are we ready to doff the hit, to bow the head, to wave the handker chief, or, at all events, assist with ohr presence, the trium phant progress of a self-raised absolute sovereign, the sole source of law, the single type of political unity, and the only pledge of order, to forty millions of our nearest neighbours, once our enemies and new our allies ? Question, indeed, there is actually none, for, as we have observed, no one is surprised. Given all the conditions, in eluding the thoroughly summer's day breaking upon us after an unexampled length of ungenial weather, and the event might have been confidently predicted. The truth is, that when everything has been said that can be said to the dispa ragement of this Emperor, his is a character and career tho roughly, and indeed singularly, appreciable by the British people. In no country is decision of character, single ness of aim, 'fixedness of purpose, and useful ambition, more in honour. We hold up to our children the in stances of those who have raised themselves from a humble position, or forced their way through great difficulties aed discouragements. In the face of that precept in the Catechism which piously inculcates that we should be content with that station where God has placed us, even our religious societies diffuse little story books expressly adapted to foster youthful ambition. Our most popular moralists urge de cision' of character by almost every motive, and for al most any object. We point with pride to the com paratively recent or lowly origin of our, great fami lies. • Every father in the middle ranks of life tells his c)i!dren how tie sons of cheesemmagers and publicans become hishoes, and the suns of barbers become Lord Chancellors, and the son of a country parsoa the great Lord Nelson. Even in the career of Wellington, we. choose to forget that he was horn and bred in a Court, with unbounded influence at Lis back, and mere l y remem b er t h at he eves a time in small lodgings, and obliged to borrow money from his landlord.. It is carefully noted where the King of the Belgians lodged when he first appeared in this country, and what was his in • come, not so much for envy of Isis rise, but because this is the favourite , type of British tdography. Whether this be not ' carried too far, and whether many minds are not early dis gusted with appeals to what their own instinct tells them are . . , ififerior motives, we will not now inquire. It is enough that this',is the habit, of this country, and that it is the tendency of the British social state to leave no alternative, and to compel men to rise or to sink lower still. The mode of raising may not be quite the same as in other coun tries, for very few ri,e here by "the military or civil service of their country. The more open and frequected paths of ambition are, perhaps, the mercantile, the legal, and the clerical. - Yet, on the whole, we make it a point to rise by fair means, or by those that are less fair, and dur moral and religious authorities are always ready to commend the enemy and decision that are rewarded with success. So, though we have only ono, Cromwell, and though we are all pleased and proud to remember that the - Duke Of Marl borough became a humble subject when he was stript of his command, and even the Duke of Wellington did little with his influence except advising his brother peers tebow to public opinion, we can still honour and admire the man who, in strictness of language, may Le said to have triumphed over the liberty—though in fact over the license—of his country, and who has made himself that which we would not tolerate ourselves a day 'longer than we could help it. put in 'this Emperor Louis Napoleon we see a great deal more than the mere man of iron will and iron hand. We see the first friend and ally, in 'a substantial, active, and recipro cal sense of those words, that we have found on the opposite shores of the Channel for many hundred years. We see the man who has restored order, prosperity, and power to his country in the course of two or three years, at a time when it threatened to sink under its own ruins, or to overflow, to the desoltion of Europe. We see the man who has committed himself and his fortunes :o the task of adorning and improv ing his capital with every grace and invention of art. We see the man who does what we, with our boasted self-govern ment, our Parliament, and all the apparatus of a free consti tution, cannot do, whether in the conduct of his armies abroad, or iu the execution of great and beneficial work s at home. We see the man, who while Englishmen are care lessly and thoughtlessly, not to say disloyally, avowing that the Crown is only a pageant, the Sovereign only a fiction, and loyalty only a name, cannot even for a moment be regarded as less than a Monarch. With our perpetual jealousy of the Crown, with our boasted succession of triumphs over the pre - rogative, with our expulsion of dynasties, our Bills of Rights, our Acts of Settlement, and 'our constitutional monarchy, it is not for us to quarrel with the choice of a great nation, or to compare the ancestry of M. Bonaparte with that of his contemporary, George 111. There are many noble pedigrees in Europe more ancient and less faulty than our own regal line. The Empress of the French herself is one of those Guz mans whom the great Spanish humorist, writing in the reign of our Elizabeth, makes his hero enumerate among the old cit and most glorious nobilities of Europe. But we in this country have agreed, not without reason, to pay no great re gard to ancestry Without worth. It is not for us, then, to insist that the grandfather of the present Emperor of the French was a private Corsican gentleman ; nor, to speak the truth, do we care much about it. We see in our illustrious visitor the man who has restored.his own fortunes and those of France from a seemingly irreparable downfall, and, what is more, the man who taught his nation to believe in active alliance with England neither degrading nor injurious to itself, nor unimportant to the interests of humanity. Canada Gov. 6 p. Jan. and July Crystal Palace Do. Prefe•eue, with extraordinary success to this expedient, and we cannot but believe that the wealth of all classes in this country would readily supply all that is needed, and rescue the Ex chequer from the hands of the loan contractors. There is, on the cont rar y, very littl e or i g i na lity in Sir Cornewall Lewis's 'plan, and what little novelty wa are able to detect in it is palpably inc ,, nvenient. If he hopes to introduce new principles into the mode of contracting public loans in this country he must ,ipply to a different class of capitalists. In other words, if he has a different article to sell he must try another class of customers. But this plan will probably dis please one set of lenders of money without op - ening the purse-strings of another set ; and, unless favourable intelli gence be received in the course of this week from Vienna or from,Sebastopol, there may be something critical in the suc cess of the operation on the terms contemplated by the Chancellor of the Exchequer. ---- (from the Times' City Article of this day,) Orystal Pal.of Frazier-. Duston Tron Ore Eastern SWAM 'Electric Telegraph._ Electric Teleg. of Ir. Gen. Steam Navigat. General Screw Steani Irish 13cet•tiot Snga Magdalena St. Navig Mcditeran. Elec. Tel Hexii;an&S.Amerien. Do. New .. Nat. Pat. Steam Fuel Netherlands Land N. S. W. Coal es Inter Steam Navi t Tat. Co N. P. A ustralas Nrth.dEuropeSt 3a.t.n Peel nr. Lei, & Peninsular& Orioutal . Do. New The particulars of the new loan were made known at the Treasury yesterday morning, according to appointment. The amount to be :raised•is 16,001,0001. sterling, for which the Government are to givel6,ooo,ooq. Consols, and the balance (that is to say, the difference between the Va . llC of DO/. stock and 1001. in money) in annuities terminable in 30 years. The biddings are to take place on Friday, and the method will bo for each applicant to specify the amount of anuuty he will be content to receive in addition to 1001. Consols for every /001. of money subscribed. Assuming the value of Consols to ln estimated at about BS, the 16,000,: 001. of that stock will bc, worth about 14,100,0001., and the value of the terminable zln nuitics to be created must therefore be 1,9 10,0001. Portland iron Co—.. noyal Mail Steam Soot. AnPtral. Invest. Ditto New South Al's tr7.l. Submar. T&. .... Tr st L. Co. U. Can. Vaii Di ern en',4 Lan() A deposit of 10 per cent. is to be payable on Monday; the 21th,and there are to be eight -subsequent mouthy instal ments,—six of 101. each, and two of 151. On the payiw-iit of each instalment a proportionate amount of Consols wil bc delivered, but none wilt be delivered for the deposit until ilia completion of the last instalment, when the terminable as nuity will als., be created. The reception of this plan on the Sto±-Exchange and iii the city generally has not been unfavourable. It is consi dered, however, that such of the London firms as may ho willing to tender will assume in their calculations the neces sity of a very considerahle margin to guard against the con tingencies of the war, especially under the dispiriting effect lately produced by the inactivity of the ailed armies before Sebastopol. The anxieties which will be felt until the next harvest shall have been secured, are also to be taken into account, while among the minor elements of uncertainty to be provided for, the extent to which terminable annuities are liable to be depreciated'by any future increase. of the income tax. In the course of the afternoon the following notice was issued by Messrs. Rothschild : `` LOAN OF i6,000,' 09i. FOR TIIE BRITISH GOVERNMENT. " Messrs N. M. liothsehild and Sons bog to announce to the public that they are ready to receive applications from parties desirous of participating in the fort.icomincr loan of 16,000,0001 , and will receive the same until Thursday next at 2 o'clock. " It is ne,:essary that every application should be accom panied with a deposit of 10 per cent. on the amount applied for. " If the whole amount applied for be not Allotted, the prop rtion of the deposit will be returned forthwith. " - New-court, St. Swithin's-lane, April N." (From, the Daily News' City Article of this day.) The ab;orbing topic of interest in the City to-day was of course the Government loan. We give iu another column the conditions fixed by the Treasury, together with an abstract of the proceedings at the important meeting of capitalists at the Treasury Chambers this day. The total amount of the proposed loan is 16,009,0001. in cash, to be raised by an issue of 16,000,009/. in Consols at par. Inasmuch, however, as:Consols are now at 9} per cent. discount in the market (from which . discount, however, must be deducted the three months' dividend now accrued, being equal to, say, per cent.), capitalists contracting for the loan are to receive a certain amount in annuities expiring thirty years hence. In these annuities the biddings are to be made, and in fixing a price in his tender the capitalist will of course make allow ance for the excess over the market price which he gives to Government for this new creation'of consols, and he will also reserve a certain margin which he may deem calculated to afford him a profit on the transaction, and to secure him against the chances of loss attendant upon the uncertain con dition of politics, Per contra, the ease of the money market will influence the terms of the contractor iu a sense favourable to the Treasury and to the State. So far as regards the nego tiation between the contractor and the Chancellor of the Exchequer, ' the relations between the contractor and the monied public disposed to invest in the proposed new issue of Government securities come next for considbration. Of the givat capitalists only one firm, that of Messrs. N. M. Rothschild and Sons, has ye , . intanated au intention to open lists to the public. The notice issued by this firm this after noon is appended : " Loan of Sixteen Millions to the British Government. — Messrs. N. M. Rothschild and Sons beg to announce to the public, that they are ready to receive applications from par ties desirous of participating in the fortticoining loan of six teen millions, and will receive the same until Thursday next at two o'clock. It is necessary that every application should be accompanied with a deposit of 10 per cent. on the amount applied. If the whole amount applied for be not al.otted, the proportion of• the deposit will be returned forthwith. " New court, St. Swithin's-lane, April 16, 1855." It will be noticed that the price at which ho may be dig posed to tender is left to each individual applicant, it being rresumcd that the bona fides of the application .will be en sured, and the proffering of inordinately low terms discou raged, by the obligation of making a deposit of ten per cent. \ on the amount applied for. It may be pointed out that the Messrs. Rothschild, or any other great firm that may be die posed to step forward and contract, will act as an inter- ' mediate agent through whom the mass of individual ap= plicatious will be received. By deciding that the contractor must contract for the who'e, and not for any less portion of the loan, the Chancellor of the Exchequer virtually leaves the contract ,open for competition to not more than two or three firms in the kingdom, ,and tho, contracting firm, again, must ascertain what support the public are likely to give to the project before they commit themselves to a contract with the state. In this point of view the kheme lacks the element of popularity. An appre hension is also entertained in some quarters that the interval allowed is scarcely sufficient fur the public to fully cligesl the terms of the loan, the complexity of which, without full ex planati6a, may tend to discourage applicants., The entire loan, it will be seen, is to be paid up this year, the last in stalment on the 18th December, and no discount is to be allowed for prompt payment of the instalments. The Chan cellor of the Exchequer further pledged himself not to make any further sales of Savings Bank Stuck (except to meet the withdrawal of depositors) until the loan shall have been paid up. THE NEW 'GOVERNMENT LOAN. ( From the Times of this day.) We publish in another place the particulars and conditions of the proposed loan, to which we drew the attention of the public on Saturday last, and we are enabled to add to this document an authentic statement of the explanatory declare-. tions made by the Chancellor Of the Exchequer on this occa- sion, some of which will be found to be of very great import ance to the financial interests of the country. It is unueces saey that we should here anticipate the answer of the moneyed world to Sir C. Lewis's proposals, for iu these questions the 1 radical success of a great financial operation is the oily test of ability and judgment, acid we have no desireeto increase difficulties which may affect the public resources and the national credit. Yet we cannot but entertain considerable doubt whether these proposals, in the form ie which they are made, will command the support which such an operation requires. The loan is to be for 16,000,0001., and we are dis tinctly informed that this amount "is fouildtd on the full amount of the provision estimated to bo required for the service of the whole year." The biddings to be made 'on. Friday next must be for the whole loau of 16,000,0001., so that the Chancellor of the Exchequer is resolved to place himself entirely in the hands of one or more of the great capi talists or contractors Who may undertake the risk of the ope ration, and the competition must be confined within very narrow limits, since the number of banking or mercantile houses prepared to deal in sums of such magnitude is neces sarily very limited. The instalments of the loan are so ar ranged that they will he payable in the next nine mentt s, and the last instalment of 10 per cent. will become due on the 10th of December. No discount is to be allowed for pre payincoteand no exemption from income tax on the first • . s panics. eli p dividends, These conditions are not, it will be observed, of a nature to facilitate the operation or to attract the capitalist. We must therefore seek in the form of the loan itself for some consideration or advantage which may float the scheme. The main point of Sir Cornewall Lewis's plan is to give the contractors Three per Cent. Consolidated Annuities for every 1001. subscribed in money—that is to say, a 3 per cent. loan at par, in as far as the principal sum is concerned; but, as Consols are at this time about 10 per cent. Mon- par, the difference must be made up by some other means. For this purpose the Chan cellor of the Exchequer proposes to add a terminable annuity for 30 years to the fixed amount of Consols, and it is upon the greater or less amount of this terminable annuity that the biddings and ultimate adjudication of the loan will depend. Such a proposal is, to say the most of it, a very faint recog nition of that principle of terminable annuities for which we ventured the other day to contend. The proportion of the annuity to the 3 per cent. stock is, in the present state of the e of liq in u o id n a e ted by an annual charge e market, about one tenth of the whole— hi a le m t e h ie c p i r m e s in t i o u f m le• p e a a i d d lud y n e bt ees . This part of the plan has x to a whole bowl of sack. But the idea which seems to have evili i o not and (i unsound. disgrace f relieves the loai us s from struck the Chancellor of the Exchequer is that, in exchange for the permanent liability imposed on the country, he should froercetihvaetamn money tnatwhich novelty, an i d s tendin over on l l a y ahlue 3 u o o some con tracted by Mr. Pitt and his successors --namely, the eno inequality between the money actually received and the debt eus actually incurred. The debt will remain, and if it is merged, in the ocean of consolidated stock it is i t s l; e we lastingth ithing, , impossible to hope that even the interest of that gigantic amoun can ever be reduced. lint the price paid by the of capital Government for this accommodation is distinct from what we may term the body of the loan. That pr i ce will depend on the judgment or literality of the contractors, but it will in any case be liquidated iu 1885. ' We do not disguise from ourselves that in 'advocating the principle of terminable annuities we are opposed to the pre judices, and perhaps to the interests, which predominate in the City, and that the only form of loan thoroughly accept able there is the most marketable co mmodity —namely, Con sols. - But we are not the less convinced that the terminable annuities, as far as it can be ado principle of most beneficial to the permanent and general adopted, is by far the interests of the reetion. It is said that the capitalists o f the country lee induced to purchase or to hold stocks f s country cannot ? na ture, in which the repayment of th e e. a temporary l embodied in the higher rate of interest. But is, as it were, But we have th e fact that from 1815 to 1839 the terminable debt increased from 1,894,612/. t o 4,2' 1731. under th e ac t annuities of our of 1808 and some subsequent acts; and tllpor tions of permanent annuiti es were th us c at equivalent to an estimated capit a l o f 68,145,9071. cancelled equal, in all, terminable annuities are not popular with Although, therefore, thebrokers, are not convenient or proper investments and trust, there is a cons id era bl e c l ass of for money held in P offe • i superior advantages, and to these theyersons to who m th ey times accessible on lib era l terms. But ought to b e a t a ll Lewis's plan th e amount of : in Si r C ornewall terminable annuities one-tenth of the whole sum, and, as he h is but as Consols with this appendage, ho compels as garnished the take one with the other, whether it suits histhe contractor . to One person may prefer Consols, another purpose or not. of the terminable annuity, but few will may prefer a share desire to hold a double investment of so inconsistent a character. Neither party will be s a tisfi e d. Oa the one hand, the of dealers in mone y w ill be dispos e d to compla in ordinary class , tion of ann u ity annexe d to their s li ce of of .the p er other hand, those fundholders who, as • Consols; on the private persons or as managers of the insurance companies, may prefer:a higher rate of interest, receive 1 his annuity ' far larger iu conjun c ti o n with a proportion of perpetual Three per Cents . Again, if the principl e o f t er minable annuities ' is to be fairly tried, 30 ..., MARKET NEW6-(Tiiiki DA Y.! HAY MARKETS. SMFITIFTELD.—Moadow hay, 21'18A to 5?.0 . 4 . 0d ; clove , ditto, 31 54 to 5/ 15s ; and straw, 1/ 4s to 1/ 104 per load. A fair average supply and a moderate demand. UDMBERLAND. Meadow hay, 31 3s to 5/ Os ; clove , ditto, 3/ 53 to 5? 15. ; and straw, 1/ 5s to 1 / 1O Der Both hay and straw moved off heavily, at late rates. W . HITECHAPEL.—Mcadow hay, 3t O 3 to 5. Os; clove! ditto, 3/ 53 to 6 , Os; and straw, 1/ 4s to 1/ lOs per load. Supply good, and trade dull. 28 - 30 3 - 55 - 118 - LO tcBi . 109 •--- if - GA - 7 4 = li - - 1 23 58 60 is ti - ,4- 3q : 1 76 -- I 1?! -- 13 THE VISIT OF THE EMPEROR AND EMPRESS OF FRANCE. GREAT PREPARATIONS IN THE CITY. LATEST PARTICULARS LAY). This morning at an early hour upwards of 300 me- chanics, decorators, and labourer3 were most actively enga,4ed in the interior of Guildhall and tie court-yard facing the ancient building, 'in completing► the extensive, pr,,parat:ons for the reception of the Emperor of the French on Thursilay next, at the grand banqutlt which is to be given by the Lord Mayen. an i Corporation of the City of London. The large area in front of the Hall has been com pletely, covered in, and seats for the accommodation of 2,000 persons have been c9nstructed, the access to sOlich will be by tickets, issued by the City authorities. The dernand fir seats this morning, at the Lord Mayor's residence and court, has been immense. At a meeting cf the churchwardens, overseers, &c., this morning, in the vestry room of St. Lawrence Jury, Gresham-street, arrangements were male for the erec t:On of seats for 300 persons in the churchyard adjoining Guildhall PoLcc-court. A large number of the City police were in attendance to keep back the crowds of persons assembled to catch a glance of the unusual pre parAti;ins fir the reception of,the Imperial visitors. , , Large placards were posted on the walls of the Guild hall and the adjacent buildings, with the words, "Eng lishmen, give a hearty welcome to toe Ally of our Q teen." Massive barriers were being erected along the pavement on either side of King-street to Cheapside, and a triumphal arch will be constructed at the entrance of Guildhall-yard, by the corner of Gresham-street, which will be gaily decorated with , banners, flags, and various a)legorical illuminations in gas. The interior of the extensive awning will he brilliantly lighted up and decorated magnificently. The whole of the thoroughfares le!aling to Guildhall will be stopped and guarded by detachments of military and the City police, assisted by the City of Lontion The inhabitants of King-street, Gresham-street, Guildhall-buildings, Church-pas-age, Cheapside, and along the whole line of route through which the Em peror will pass, were this morning having beats erected at the windows awl upon the roofs of the houses, and in every position where a glance of the procession can be obtained.. The houses will be illuminated in ,the eveuing, and other preparations are in progress. The interior of Cuildhall will be most elaborately and mag‘ niaccutly decorated, and when completed will pre sent au extraordinary and brilliant appearance. ARMY BEFORE SEBASTOPOL COM MITTEE. The Committee reassembled this morning, in Commit tee-room No. 17 of the House of Commons. Mr. Roe-. buck in the chair. Mr. Maxwell, the barrister, one of the commissioners sent out to inquire into the medical comforts of the troops, was recalled, and underwent a long examination as to the state of affairs while' he was there. He said that the hospitals were in a most wretched state ; that there was a great deficiency of medicines and medical comforts, which ho attributed to the requisitions of the surgeons being unattended to. Dr. Hall was the highest medical authority out there, and he presumed he was responsible. At the same time he did not wish to draw inferences against any particular individuals. The sur geons and officers had instructions not to give any information on the subject of hospital management. He was not gazetted as a commissioner, nor did he report himself when he went out. He raceived no special in structions, all his duties having beefs very generally described. Oil this point the Committee cleare'd the room, and remained a long time in deliberation. The Chairman (on the readmission of the pu')lic)_said the committee would like to see Mr. Maxwell's commis , sion and any instructions he might have recei wed. Colonel Horsford, of the Ist EattaliOn Rifle Brigade, said the troops were badly off for - clothing. The warm clothing for the men arrived about the end of November,' but it was not distributed until some time afterwards, on account of the difficulty of transport. His regiment when he went out consisted of 960 men, but by the end of January the effective strength was reduced to 180. He did not think the troops were completely supplied with warm clothing when he left the East towards the close of January.' He had no doubt that the sickness which prevailed amongst the men was mainly attributable to hard work and the weather. He had no complaints to make in reference to the Commi,iFitriat department of his regiment. Ho was never in want of ammunition. The men suffered considerably from want of medicine. Sir C. Trevelyan was next called. He said he had been fifteen year; in the commissariat, having been during that time assistaut-secretary to the Trea sury. He proceeded to give a statement of the prepara thins which were made for the Commissariat department on the breaking out of the war. LLOYD'S SHIPPING-- 7 (THIS DAY.) LONDON, April 17.—Wind and weather this day noon; S.E. ; light pleasant breeze, and fine, clear weather. PORTS MoUTH, April 16.—Sailed - H.M.S. Duke of Wellington, for the Baltic. • PLYMOUTH, April Wind, S.W. Arrived—H.M.S. Teazer, from Chatham, for the West Coast of Africa. GLOUCESTER, April 16.—Sailed—Thomas James, for Quebec. SUNDERLAND; April 16.—Wind, W. Arrived—Urgent, from Moulmein. HULL, April 16.—The Sea Queen, from Constantinople, has arrived, with damage. SWANSEA, April 16.—Wind, W.N.W. Arrived — Pascoe Greufell, from Cuba. Sailed—Sarah Prinsep, for Cape de Verde ; Terpsichore, Havannab. JERSEY, April 15. Wind, W. Sailed—Flying Fish, for St. Vincent; Cores, Jamaica and Newport. LEITH, April 16.—Arrived—Pacific, from Callao. WEXFORD, April 15.—The I'll Try Again, from. Dingle to Liverpool, got on shore last night at Kilmone, but may be got off should the weather keep moderate. STETTIN, April 13. Several vessels, have arrived here to , day, and others are exprxted, consequently the naviga tion is now completely re-opened. Advices from Stralsund and Griefswald, dated. April 12, state the Boddem to be full of drift ice, and the departure of vessels from these ports impossible. PILLAU,. April 10.—The ica in the Tief has came to a stand to-day,-and the departure of vessels ready for sea is thereby prevented. There is drift ice in the Haff both on the north and south sides. RANGOON, Fab. 21.—The Arrogant, of London, from Sydney, N.S.W., to Moulmein, was .lost on the 12th of January ; crew save4l. The Prothero, of Whitby, from Newcastle to Elsinore, was saved.totally lost near ho on the Bth inst. ; the crew are (PER ELECTRIC TELEGRAPH.) DOVER, Tuesday, 11.10 a.m. The Austerlitz, which got on shore a little to the north of St. Margaret' Bay, during the fog yesterday, was got off at high water •last eight. LIVERPOOL, Tuesday Morning. Wind, N.W. Arrived—Avondale, from Callao; Dream, Smyrna. Off Port—Excelsior, from New York. (BY SUBMARINE AND BRITISH TELEGRAPH.) GRAVESEND, Tuesday, 10.45 a.m. Wind, N.E. ; tide, two hours flood, fine. ' Arrived, April 16—Providence and Reward, from Guernsey ; Garland, Jamaica. Sailed, April 17—Blond, for Bathurst; Gipsy, Jersey. DEAL, Tuesday, 10.12 a.m. Wind, N.E by E. ; moderate a.:2.1 tine. Passed off South Foielaud in tow—Hotspur, from Cal cutta, for London, Sailed —Nearly the whole of the outward bound. COLONIAL. SUGAIL—Thero have been but few transactions of im portance and tue public sales p 1 foreign aro of little mo ment. Prices, however, aro well supported Colonial is firm and the lower descriptions are wanted. Refined brown lumps aro 43s Gil and low to fine grocery 44s to 49s per cwt. There were lauded last week at the East and West India Docks 1,121 hhds, GG tierces, 143 brls ; there were taken for hobo° consumption 1,135 hhds, 139 tree, 359 orls, and the stock is 8,108 hhds, 675 trcs, 1,047 brie. COFFEE.—Pt ices have been maintained, but business has been inactive generally. Plantation Ceylon, however, has been in good demand. , Mocha is wanted, and expected to advance. TEA. —There have been very few transactions as public sales are declared for Wednesday. RUM.—At the ahove named docks last week there were lauded 103 puns ; there were taken for home use 281 puns 31 hhds, and exported 25' puns 1 89 hhds. The stock is 7,618 puns 628 bhcls. COTTON.—The market rules firm. TALLOW.—On Saturday the upward tendency of 'our market continued, and 49s was the price for tallow on the spot, with little disposition to sell. To-day a decided ad vance has taken place. The trade being compelled to buy, 49s 6d was first paid for consumption, then 5043 d for which brought about a corresponding improvement in prices for delivery. Our concluding quotations are T.C. on the spot, new 505., old 48s. 6 ; April, 50s ; May, 508 to 50s 3d ; June, 50s 6d ; October and December, ohs nominally, but no sellers; Australian sheep, 4.9 s 6d ; beef, 48s ; South American, 50s ; tallow - oil, 32s 6,1; tallow. chained, 5s 6d; good tallow, nett cash, 48s ; palui oil, 39s 8d ; coconut oii, 435. Our late advices are to the 7th inst. There was nothing doing in tallow. Linseed, on theispot, was quoted at Among the latest additions to the Wellington Reran in Madame Tussaud's establishment, is a new and beau- Alfa chimney-piece called the Victoria marbles, manu factured at the Lady's Guild. It iy an imitation of mosaic and marble, composed of coloured glass, this being the first specimen of this elegant art executed in this country. The inlaid mosaic work represents the Royal arms and the arinorial bearings of the Great Duke, suple with various appropriate military emblems in good taste and admirable execution. This'elegant alt will be found most valuable in all buildings where costly ornaments are required. REMARKABLE DI4COVERY.—Abaut a fortnight ago, as some persons were clearing and trenching a piece of waste ground for a garden at Tynrieh, a small Druidical circle, close upon the highway, was disclosed to the gaze of the stranger by the removal of masses c.f broom and bramble that bad hitherto concealed it. TMi olden temple—if temple it were—is about 18 feet in diameter, and quite entire, each of its huge stones stand ing erect and in its proper place ; but there is an addi tional interest attached to it from the fact that, while digging and levelling the interior, four huge urns, about two feet in height and one foot in diameter at the mouth, were exhumed, quite full of calcined bones, besides three or four stone coffins, formed of thin, un shapen slabs, evidently from the adjacent ground, and likewise coetaining the mortal remains of the an cient Caledonians of a pre-historic period. Unfor tunately, either from the extreme brittleness of the urns, or a want of care on the part of the lab curers, the whole were broken to pieces, but at the tir v ne th v a , e t visited the place enough still remained to shn, rtothey were of the very coarsest manufacture . sha p e decora mote from classical, and with no pretension ithou tion but a profusion of scratehings te e ' aoh. The coffins the outside of the upper portion of with, but it is wor t method 00 were equally unceremoniously dealt no particular order . in thy of remark that they lay but, a .,_ t hi n g, rather in - y to the compass, bu jelo anything. reference of them lay dined to south and north direction. eneral notion is 'that exactly in that directitenirieTsl,l e at g id tinthing else, but the Druidical circles were mhows that they were also used as trenching nlineechurches in present tines, or great 4 urY"'''' . 1)13 " s ' men--Probably the , her orders of the priesthood.— Perebehlre,ettiCertiOr. 64i 4 894 8 33 i TUE EXPEDITION TO THE EAST. The :11onieur of yesterday contains the Dro iiiised s !coed ;q-tiele on the expedition to the East. It is as follows "11. " POLITICAL PART. " After baying told the country the whole truth on the plans of the campaign and on the expedition to the East, it remains for us to state hoW policy understoecl its talc, its duty, the honour of France, and theints rests of Europe. What were the general causes of the war ? • For what interests were France and England to carry their military arid naval forces en far from their own shore s ? O n w h at po i nt d o the different States of Europe touch upon this question of European order? What is the object which' ought to be kept in view for the interests of all ? How are the four guarantees to be understood and accepted on either side as a basis for neontiation ? Is it just, is it - useful, - to limit the power of Russia in the Black Sea ? What will be the results of the Vienna Conferences, for peace-or for war ? That is what we wish to examine - in the second part of this task, that on the eve of the decisive solution now under achievement public opinion, completely enlightened, may accept with equal confidence peace; if it is possible— war, if it is necessary. "The, commencement of this great struggle is known; it orgina,ted in a small claim • brought against Turkey on the ground of concessions she had granted in favour of the Latins in the Holy Land. Russia only wanted a pre'ext, For her the tea2b of Christ was only a stepping stone to power. But that sacred stone could not become a stumbling-block for the peace of the world. The Go vernment of the Emperor of the French, by regulating that question in the most equitable manner, forced the Cabinet of St. Petersbnrg ti unmask its-- real thoughts. Every one at , once: discovered that Russia had only originated the discussion to open the Bosphorus to her sove,eignty. The forced interpretation which she drew from the treaty of Kainardji -vas, in fact, nothing else than the Moral fell of the Sultan. Tile question then ceased to be a rel;gious olie—it became a political one. The whole of airope fiend itself engaged in ht. It be came necessary to make it understand its interests, de fend its rights, and show its strength. _ • " All the t fferts of the Feench Government were direct to that result. England, deceiveu at, first by the pre e•ne t dl charecter of the question, very soon eedi rstood, with her clear aed Araightlorwael common seree, its real hearing. She felt, like us, the threat and arrigarce of th;;t, deieinetion, aed her hand was eteeteheil forth to meet oueq. already extend , d to seal the altia,,,ce bet veen the two great countries who represent tee civi lisation of Vie SVest. For Franc?, as for England, the Eastern question r, presented an is terest super:or to that of their o ,vn :n2lhitior ftwsia, vit,h6f! to dominate at CoLstautinople. neces•ary to prevent it. Ru-s'a, mistress of the 13 o.k Sea, having drily to extend o r lea id to t - mob the !lora ity,ed the Mediterranean under the men;ice of the fl,et.; of Sebastopol. In advancing wards the Dardanelles she brought her frontiers to the shores of the Medierraneari. Wherever her vessels cnii(l reach her preponderance was assured. From her in acc:esSible ports she touches all empire 3and all Itingdoriv. Not only . had France and England a rival, not only (lid Ger many bend beneath the weight of the C.,lossus that leant upon her, but Greece, Italy, Spain, Egypt, arid all the secondapy Slate', found tuemselves struck by Its saute blow in their security and independence. Strange circurnstvnec ! Europe had shut its eves to this invasion of the north. In 1823 France and EiTand, hurting the Turkish fleet at Navarino, destroyed the force which prAected the west. At that period we sought an ally at St. Petersburg, instead of beholding there an adversary of our influence and of our civilisa tion. In 1840 England, Prussia, and Austrie, leaving aside the Cabinet of the Tuileries, again united them selves without suspicion. Sebastopol, closed to every investigation, hiding in its inaccessible port the activity of its docriyards and arsenals, did not appear to any one as a menace. "It was forgotten thzt as far back as 1805 a fleet left that point with 12,000 men on board, landed them in Italy, and br"ught the Russians and French in contact in the Mediterranean. Yet that was a warning worthy of record, fur it proved that Russia from the creeks of the Euxine, by the domination of the Straits, could reach to the ertrance of the Adriat:c. Some ytars later Russia, having to struggle against France united to Austria, defined her invading policy much more precisely by the olject she pursued and by the means which she employed. The Wan of that policy is a revelation in itself. We borrow it from au authen tic document recently published in the memoirs of a statesman, Admiral Tiehakoff, to whom the Emperor Alexander gave the following instructions under date of April 19, 1812.: " ' The astute conduct of Austria, which has just allied itself with France, obliges Russia to cruploy every weans in its power to Oiscoucert the hostile intentions of those two Powers. The 'post important is to turn to our account the military genius of the Slavonic people, as Servia, Bos- Ilia, Dalmatia, Montenegro, Croatia, and Illyria, who, once armed and under military organisation, Would co- operate powerfully with our operations. The Hungarians, dissatisfied with the proceedings of their actual Govern ment, offer to us also an exqllent means for alarming Aus tria, for Making a diversion to her hostile ideas, and, con sequently, for weakening her resources. All these tribes united to our regular troops would form a very imposing militia, not only to provide against the hostile intentions of Austria, but to effect a marked diversion upon the right wing of the French possessions, and to give us a sure means of striking a blow in the direction of Nissa or Sophia. The object of the diversion against France must be to occupy Bosnia, Dalmatia, Croatia, and to direct their militia opal mi-st important points of the Adriatic, more especially on Trieste, Fiume, Boccadi Cattare, so as to establish there, according to opportunity, relations with the English fleet, and to make every effort to fan into a fl' ne the dis content in the Tyrol and Switzerland, and to act in com mon with those brave populatie.ns, dissatisfied with their ' actual Government. You niti4 employ every possible means to exalt the Slave populations, to bring them to servo our object, Fur examp'e, you can promise them in dependence, the erection, of . a slave kingdom, pecuniary rewardsfor the most'influential men among them, decora tions and suitable titles for tie chiefs and troops. Finally, you may add to those means any other you may deem ex pedient to gain them over- most conformable to actu a l cir cumstances. •` Such were the views of Russia as far back as 1812, not only against France, but against Austria. This in cendiary plan could not have left the archives of St. Petersburg at a mor) fitting moment to show t o E uro p e , and especially to the Cabinet of Vienna, the immense interest that every one must have to put finally a bar rier to a policy which completely justified, by its means and objects ; the foresight of the Emperor Napoleon I. If the heirs of Peter the Great should ever dominate at Constantinople by the Black Sea, Austria, surrounded, embraced on all sides by the powerful arm of Russia, , wuu!d be at the mercy of an enterprise such as the daring mind of the Emperor Alexander had conceived. Hungary, open to its actipti by, the, Danube, would be given up to all the excitements .of its remembrances. The Adriatic exposed to the bruSque nttaek cif . a Slave coalition, would cease to be the itnut acid bul ark of the Austr:ati empire, and the key - Of thes:Gii4 t i Crieste would pass. by a surprise fromVjenna to S t . Petel.sburg: "There is, therefore, nothing more legitimat4 more necessary, and nu re just before God and universal con science than this resistance of which ,the .two: naval Governments of the West gave the 'signal.in tbemiolith of April, 1854. England and France.ureW the sword in the cause of every other State. Their armies and fleet; were the avant-gardes of Europe. , Having the honour of arriving first on the theatre of war they had the right to expect they would be followed there, and they confi dently awaited Austria and Prussia at this rendezvous of the equilibrium and of the independence of European order, "Austria. and Prussia did not hesitate to place them selves in the solidarity of the interests for the defence of which France and England were about to fight. In the protocols signed at Vienna they recognised the rights of turkey ; they rejected the ad vances_of the Czar, who, not daring to ask their support, confined himself t propo.,e to them resignation and neutrality; they united themselves treaty for the guarantee of German interests ;' they placed their armies on' a war f iuting, and they invited the German Confederation to. follow their ex ample ; but, while preparing themselves for action, the two great German Powers hesitated to act. It was not courage which they wanted—for Governments that have the responsibility of the honour 'and welfare of their country at-heart are never deficient in that ; what they wanted v‘ as confidence. Co-interested in the causes of the war, they were uncertain of its object. It was that, object whi c h it WAS necessary to d e fi ne , so as t o l eave • them no cause fur hesitation or distrust. • "The Einp‘ror, in opening the legislative session of 1254, said in his speech : " Europe is aware beyond a doubt that if France draws the sword it is because she is compelled to do se. It knows that France has no idea of aggrandisenient. She only wishes to resit dar gerous outbursts ; and I am proud openly to declare that the time of conquer-4s isirrevocably past, for it is not by extending the limits of its teriitoTy that a nation can henceforlh become honoured and power ful ; it is by placing itself at the head of generous ideas, by making everywhere to prevail the empire of right and justice.' • ' " That solemn declaration left no doubt upon the cha racter of the war ; it ailuwed no distrust of the inten tions of the Governments of France and England. Thus, when Germany had the question put to us how far we intended to go, it was easy for M. Lrouyn de Lhuye, in concert with Lord Datendon, to reply in the name of auft,herentheeinr the Emperor in his memorable note to M. de Bourre ney, in formulating the general conditions uponewstmcba, the allied Powers would consent to treat for h tf: t e t tion of peace. Those conditions comprise con ventionally understood by the ' Four guarantee'to a decisiorp " Gertnany, however, would not 'r e ' exe ! ia nged be w.is con- and, while notes and count,ernotes wburrg war continuei , tween Vienna, Berlin, and St. Peters land fought before Sebastoop, f , i a f l or toe independence and ' and developed itself in the Crtea t i e F c :a : m c m e ~,a : ',l a t g e, - , 1 and they lavished their 1i , _ , 2 .1,0 y , i Austria asked us if we equilibrium cf Europe. 1,1 was long in the councils.of ttartvnupun the bases of the four It appeared to them that, alter Allied Powers, the two gwtioaurladnstetielsl.consent b . e t‘ :i having at Alma and at I grained two victories,. effo efforts s a l e n a d ; in s g u c i s l e s: a t: t s o a p c o r l i , fi sacrifices, nkerinau, when , sti . such then - armies wereglorious fleets occupied the Black Sea, they had the right to exact more. But the interest of an alliance with Aura • ria . for Pe Xce as for war overruled the inspirati on of 'na te exactions. The treaty of th e 2d of those legal the result of that policy. December was "It was,. therefore, from consideration from the desire of an offensive to Aust r i a , with her, and to giv e to Germanyand def ens i ve a l l i ance of moderation accepted that we an uneq u i voca l proo f (ions on the b as i s of the !our guarantees, reservi n g to ourselves alw ays the right of i n t ro d uc i n g th ere i n any other conditi on that "On the p art cf might result from th e c h ances o f war . i the Allied Governments, this act of moderation cost n ett ng to their dignity, nor to the in. Si ';; . _. .%-i*ZD e tk,fe% ~ ; terests which they defend ; for, had it knso“tiekney:er':,,e rte 4 1 would have gi ven th e ir consent. In aert,here was hilt - '1 7 1 ,1 .--4 one of two things possible ; those n get t iations would. ' - ::.7e,7 succe e d or would f a il. If success f u l, ' Ate by the . 1 2.; -.,' ben- guarantees, obtained conditions whit ,itr inKiths .:: -. 1---• previen.:y. Celia Neeeelrd'e declared lie c onlft.ao•S yew; after is.o yeen e of diew-trous warfare ; if a failure, Anstr . a, whose alliance become an offensive one, en tered into armed action, and the weight of her - sword would soon obtain by war what her iefluence could not • effect in the Conferences. • • "Thus,- in either case, it was well to negotiate at Vienna, while continuing all the same to fight in the Crimea, "As regards the conditions of peace, nothing can be more just, more moderate, more conformable to the rights and interests . of Europe. It w ill be easy f or us to . s stahlish this by characterisin g clearly the thought which dictated them and the object which they were to achieve. The fir. 4 of the four conditions, in putting an end to the protectorate of Russia . in the p r i nc i pa li t i es of Moldavia, Wallachia, and Serval, and in placing their privileges under the collective guarantee of the Great Power 4, Itakes away from the Cabinet of St. Petersburg the rights which it pretended to hold from ancient treaties, and fir approaching' Austria which were the only meens fee subjugwing those popu euidi!,eit'id tor troubling the whole l o a n ' i her 6;' Bi n f l o o r st d ( V " ut e a r t a i3 bfe lf of Europe ; the second by stipulating the free navigation of the Danube, liberates the commerce of all nations-1— especially of Austria—from the moral and materiai ob- . stacies which impede it, and throws brier' the mouths of that great river to the States of which it is the fortune and the defence. " The' fourth, in delivering Turkey from the preten sions of Russia to a religious protectorate over the Greek subjects of the Sultan, nevertheless assures more than ever' freedom of conscience at the ,same time that it de stroys the Supremacy which the Czars arriTated to them selves, the political of of which, the better to Im pose, was concealed wider a religious mask. As regards the third of those conditions —that'which has for its object to limit the preponderance of Russia in -- the Bla c k S awe have reserved it expressly as the most important and most contested, so= - as to explain it here, categer.Cally. First of all, how Must it be under stc;od ? Evidently, anythiug equivoc e l .on in gra v e a pent cann o t suit any one. 'The ally. I Governments, who have a\opriseiousoess of the justie , , of their pre:ten s:wnee i:ve not feared definit:g them. Itus,i tt h as turne d the B:ack • S ea , into a len es i en - e t e, ; she has gradually founded trieritilee estabitsitments the rd of the first Ci :- as ; • she has accuroula , ed (bore, with as much uerrevetanee as. mystery, considerable naval forces and it, * ay be said ti,a+ , by ti zt exclusive d om i nation of the Th ee m k sea ,1,, has placed Constantinople in a perrnanent state of , --e- ..., Ottoman Teis sla,‘,e of things is n o t pos4me, because it i.., in coFati,le net on ly with t h e into r ,: tv of the eniii,ro but with lie security of the whole of E urope " France and England, in detrit,nfling Rua t:t her power in the B rick ;Sea, or to neutralise that sea, are therefore completely in the right. It that result was not obtained by peace or by tear. suc h a peace v.'ou!d be ephemera! an,: such a war Useless ; mid; let it he veil ob.erved, this demand fur the hniitation of Ittis sian Cr, - or f;)r the nentrAlistition of 'the Brack Sea; Jots not respond my to Augic-French interests, it re sp also to the interests of Austria, fer / whioh the Dae;tiLe, a. eeinnitreial and military raver, is a magnificent highway, open to her activity towards the Euxine and Asia. An argument is brought alzainst this pretension NN, 11;0 we de not think serieds ; it is said to the Allied Powers, YOU ask a concession from Itus,iai - which at most night be the price of the surrender of Sebastopol, and that place is still held by the Russian army.' Our reply is this :—` The law of nations grants that a por tion of what is obtained by war may be kept by peace. We have not yet taken Sebastopol, that is t rue ; but what is Sebastopol at the present moment to Russia ? It is no longer a naval port, as her fleet, sunk at the mouth of the harbour, or shut up behind 'that insurpassable . terrier, is withdrawn from the struggle. The Black Sea is the battlefield which we have won —or, if they like it, which has been abandoned to us by the enemy. The Russian flag could not show itself there. - Our ships and those of England and Turkey navigate it in every sense. Its domination has changed hands. It hasgone from Sebastopol to Constantinople. " Who compels us to give up this pledge ? Is not such a situation the very best we could have ? And not only do we occupy the Back Sea, but we be-iege Sebastopol, we are fortified at Kamiesch and at Balaklava, Omer Pasha is entrenched at Eupatoria, Odessa is menaced by our fleets ? What can Russia do ? Could she sufftr for any length of time without detriment to her moral strength and without ruin to her commerce the blockade which will shut her up in every Fut of the Black Sea and in the Baltic ? Could she live in that paralysis which in her strikes_the vital principle of nations—that is to say, movement; action, the right of exporting and ex changing her produce, and which would . condemn her to isolation sterility, impotency, in the immensity of her empire? To ask Russia to limit her naval forces, or to neutralise the Black Sea—that is to say, to exclude therefrom all vessels of war of any nation whitsover, is therefore to exact from her much less' than what we.bave acquired by war, and which we could maintain without an effort. In fact, what does it require to preVent Rus sia from ever entering the Blank Sea again ? Four men of-war of eac:i of the maritime Powers,"France, England and Turkey. Such a cruising squadron Would suffice to occupy the Black Sea and to transplant its domination from the shores of the Climes, to the entrance of the Bosphoruq. " WLat Russia has lost, what she cannot recover by war, no matter how long, is her preponderance over the East. What she may legitimately is a share of in fluence in the affairs of the world. She would find, if needs be, a coalition of all States to restrain her ambi thin ; but no one wishes to humiliate her. What is asked from- her Europe has the right, and it is its duty to exact. if she grants it, the peace of the world is assured, the object of the allied Powers attained. If she refuses, war will continue and decide it. " At the moment we write drone grave solutions are being prepared and disetwed at the Vienna Conferences, where M. Drouyn de l'Huys and Lord John , Russell hare ,taker., with the authority of their character and position, the expression of the common thought et their Governments. The country must• confidently await the result of that decisive trial. It may slur that peace will be concluded, if it is possible with honour to the flags of France and England and security for theirinfiuence, and that war, if it shoUld continue, with be nece, sary for the object propOsed by the Allied Go vernments, and from which nothing can turn them aside,. " But a great result is acquired already from the very , fact of these negotiations. France and England have: loyally negotiated with Austria to allow her policy to ex haust the last re'sourees of conciliation. Those confer ences of which Vienna is the centre are the loyal ands honest act of the Emperor Francis Joseph. But the. Allied Powers know that if Austria does not succeeds* this noble effort of her European patriotisrc,.she fight resolutely with them. In limiting their 'dolma& to the very conditions accep'ed by the Vienna; Cabinet ja► the treaty of the 2d of Dec. they have gained to the COM.• iriortcausti•an important and devoted ally. The possibility of peace, like the necessity of war, nust henceforth he. 'only a fare% in common to tLe - Three Powers Who signed that treaty. The solidarity of their interet and of theirenguements would unite them in the struggle as it has united them in the Confereneei,.and that grand Eu ropean confederation will soon 'have triumphed over every resistance. "France and England may therefore congra.balate themselves in having consented to negotiate while con tinuing to fight. _lr. acting thus they have not only given a proof of mode, ation—tbey have increased their strength. Their adhesion to an honourable and possible lieace, having as consequence the support of Austria in a necessary and legitimate war, is an act counselled by wisdom, and which will be approved by public opinion. "One word more, in conclusion. It is, perhaps, a novel and bold thing to speak of the military and diplo matic conduct of a war while the army is fighting and negotiations are pending. We thought that it was pre cisrly the moment to speak the truth to the country. Truth is only a danger for the weak. With right and strength on their side, it honours those who speak it—it reassures those who hear it." In consequence of the intended visit 'of the Emperor of the French to Guildhail on Thursday; the 19th inst., and the obstructi ons t o business that will A rise from the crowded state of th e th oroug lth req , th e t eenernittee of bankers have issued a recommendation that 0.11 bills due on that day, and not aidressed payable at city. bankers, : m a° tie dtre, d t,tnarn e ier a o7 s er e :* should he presented on Wednesday, the 18th. SHOCKING SACRILEGE.—BRISTOL, April 16. --it Pai l ?' ful sensation has been caused in tois city by t,hreaiaccernl: legions v,ielation of the vault in which for Fe mil l o , , of Yea". 5411..-e.tiL po S s rtnebrb:4l was tunes have reposed the remains of the Smyth fD : ' Bristol. Clifton. It is be- Ashton-ocitirt, situated about threci:::.itelfm;:rplte It is now only about two of " Tom Provis," alias Sir tt: l " ' i ii : Vih r e l e t c h t o ira a v t e e l: r i y el ( l3 l,: f l a i tld: Ail t b.i r oe : dte d nd.,ol,i,to n tica,,, t hi.rioitpurtc, G tra. 9, l eirv ( t i ss:: e p:. e la. i. r t ugt e tnet r ,i, , :r:eftf.yr a :Ert i :: i er i , l e.,:illll:utut: w :g;r l : e tte ! :ig, irt:cit an a view of the th 1 ' among the citizens o owing to the succ ea 2, 's to preseiir ea"ciCrStu:iaVs,tel:lll; 6,., be tuhstitshiv'e b: a el e i ( : • ]Nast Fl ju" a : a i l d eg. i n o p u e e il F int and "fle tha‘tvitihn, the e r ~ r 4 e igh t perso engaged in it '; quires.. eh in on s einn.sons were ;11 1 r 1; fi o rol t t , h i e ;attempt too.e. Ipliiia,o,ie.(,)int.ttiinttilaoiadc.roegireoeiete;stie 1 B. 0 Ti t :i o cr t object of the plunderers is pretty ' ma riner in which the vault leas e r ,neaged to conduct t wentheo l k ie n r c a i ,h ti . n o n . aunt of the late sir . some family differences, the by herself. Sh e John and Sir Hugh Stepp resided and it was clirrent'was of somewhat eCeeniiiie habits, r y reported at the:time ot=her funsrel that a quant;t . that the body,y ot j \ ewels were interred with her, and Placed withinh having been embalmed, the heart was coffin, enclosed in a silver box, and that the breast-plate, e plate, handles, Etc., upon the coffin were of pnre silver. The sacriikeious . villains cut open the lead coffin of the late Sirgohn Smyth, and also that of the late Lady Smyth. The former they must have had some difficulty in removing •from its position, as it took four men tordaY to replies it. They were disappointed, however, in their anticipations of plunder, the • Itaden coffin in which i are contained the remtibei of the Dowager Lady Smyth remaining intact. It-is suppOsed, also, that they Iwere disturbed; as they left a dark lantern behind them, aid some massive silver ornaments, which had been '''appended to the exterior of one of the coffins. A. large reward has been offered for the discovery of the offen ders, but at present the police have no clue to theta, although it is more than suspected they belong to a gang who have long infest ed the p arishes o f Bedminster and Long Asbton,inear this city, and some of whose ineini,ete have recently received the sentence of•penal servitude at the late Socuersetsbire sessions and wises. - 1 ,+ T ~ i - t -5•~... A4 , :t , !z?‘4 l be .... on ers sit ud, ro- 'ost Jul )ur not Of but ~, 0 Of splY ill° Eog - P en' boo eel° e be (l 4 '6013 ' /) 01 i'p O til ge Otti ta ic* ( toe" $1;0 pr o re f tv il oil' 9 a ° , 80 e' p i t; l l W' oril l 0 fe cow it 0 1 0 1 4 , ; r fo r o -oot st. 16 1C 8 20 . 20 10 10 20 2 0 10 5 20 20 all 190 20 13 00 a.ll 18 5 all 171 e. all 4 10 all aL 14 all 5 2u 10 20 Ai 6 99 98A 151 24 3} G 3 s 60 231