The Sun. — London, England, 1861-06-15 00:00:00

~~ THIRD EDITION. SUN OFFICE, Six o'clock. POLAND. A Warsaw letter of the 9th says :—" The situa tion of affairs here remains nearly the same. The prohibited hymns are sung in the churches ; the women still dress in black, or very dark materials, and the minds of the people are evidently far from being restored to calmness. The tranquillity of the city is not, however, disturbed by demonstrations, the danger of which is felt in presence of the mili tary forces at the disposal of the authorities. In a f'ew days the projects drawn up at Warsaw for carrying into practice the new institutions will re turn from Moscow with the Imperial sanction. It is doubtful, however, whether M. Platonoff will be the bearer of them. These projects will be imme diately promulgated, and the public will then be able to judge as to what may be expected for the ben e fit of the country from institutions which the Government doubtless intends to sincerely carry into operation." _--~, -RONEY 111A.RKET AND CITY NETTS. CITY, Two O'CLOCK. The Money Market presents rather a quiet ap pearance, and the rates are a fraction easier, first class bills being easily negotiable at Sic per cent. A farthur sum of X 75,000 in gold was taken into the Bank yesterday. There was no alteration of importance in the foreign exchanges yesterday afternoon. In the Liverpool Cotton Market yesterday there Was a fair demand, and the sales amounted to 12,000 hales at full prices. Since Monday last the imports of specie have amounted to £668,940, and the exports to £537,920. Very little business has been transacted in the Public Securities to-day, but the improvement has b'ee-m well maintained. Consols being 90 to 901 for transfer, 907- for the account. The Naw Threes and Reduced are 899 d ; Exchequer Bills, March, 78. dis, ; ditto, June, par to 315. prem. ; Bank Stock is 231 232'; and India 5 per Cent. Loan, 981. In the Foreign Stock Market the chief movement has been in Turkish Bonds, which have improved 72 for the Old 6 per Cents., and to 561 and 57 for the Loan of 1858. Transactions, in fact, have taken place at still higher quotations, but sales to realise profits have caused a slight reaction. The improvement is attributable to intelligence that £20,800 has been Paid into the Ottoman Bank at Constantinople on account of the loan of 1858, conformably with the arrangement recently made for the monthly trans- Mission of the Customs Duties assigued to the interest and sinking fund. Spanish are 509; ditto Pas2ive, 161 ; Mexican, 221 ; Portuguese, 47i ; and Russian 42 per Cents., 91a. Messrs. Bell and Sons give the following quota tions in American Securities : Redeemable. Prices * United States 6 per Cents 1867-1868 88 90 1) 0. 5 per Cent Bonds Kentucky 6 per Cent. Bonds lB6B-72 84 86 Maryland 5 per Cent. Bonds 75 80 Pennsylvania 5 per Ct. Stock 65 70 Pennsylvania 5 per Ct. Bonds 1877 68 70 Virginian 6 per Cent. Bonds 47 49 Boston 4i per Ct. Strlg. Bonds 91 93 Illinois Central 7 per Cent. Illinois Central 6 per Cent. Do. shares, 80 dols. paid Michigan Central 8 per Cent 1869 87 89 13 ,,,p. do. shar es . 5O 52 New York Central 6 per Ct., not convertible. New York Central 7 per Ct., c onvertible, from June 15, Do 857-59 1864 92 do. shares 7O New Y ork and Erie, 7 per Ct., i.sost raortgage -, 1 - de., 2d mortgage 1859 89 91 .-', 6 k. do., 3d mortgage lBB3 83 85 ,"-' O . do. convertible 1862 ''''). do. s hares 27i 28i Puma 7 per Ct., Ist mort• 1)0. gaP3 Str. Bonds, not cony 1865 96 98 do., 24 do. The dealings in the Railway Share Market have been of a rather active character ; and prices have shownan upward movement in most instances. Caledoni ans and North-Eastern (Berwick), have improved 58.; Eastern Counties, Great-Westerns, North-Westerns, Midlands, and South-Easterns, 1 0s.; West Midlands, 11; and Manchester, Shef field, and Lincoln, £2. The Foreign and Colonial lines exhibited little chang e of importance ; East Indian brought 1014 1.; Great Indian Peninsula, 981 982 ; and Scindes improved to 100 1 - :a• 1883 Joint Stock Bank and Miscellaneous Shares con tinued in limited request ; London and West minster improved to 67-t, 68; Australian Agricul tural brought 30; ; Madras Irrigation, 1$ 2 ; and National Discount Company, 31. BRITISH FUNDS—CLOSING PRIORS. Bank Stock 3 per Cent. Reduced Annuities B9i a 3 per Cent. Consuls Annuities New 3 per Cent. Annuities 892 1 India Stock •• . — Ditto 5 per Cent 9B! Ditto Bonds £l,OOO — Ditto under 11,000 . 18 13 11 dis Con4°44 for Account, July 10 .... t‘ol India Stock for Account — Ditto 5 per Cent. March. June. Exc hequerßills, £l,OOO, 2d 7 dis 3pm D tie £5OO - par— 4pm „ FOREIGN FUNDS—CLOSING PRICES. ' , lexicon 3 per Cent — Ditto Account P %, 111 1guese 3 per Cent., 1853. • • 11.„ u itto Account nk;sian 5 per Cent. 1822, £ St .. bitto 41 p er Cent. .P4uish 3 per Cent... lapitto Passive 16 ktfoj, 6 per Cent ' New Loan Ditto Account Dividends on the above payable in London. TWO O'CLOCE. Consols, Money Ditto Account Tlr WHIT JP OTH AND ARMSTROYG GUNS. In our impression of May 11 we stated, with reference to the very imperfect "match against time" which had taken place between the Whit worth and Armstrong field-pieces, that " no trials were made to ascertain the comparative accuracy, elevation, and range of the guns—points of far greater importance than the trial of rapid firing." It appears, however, that such trials did take place on the 2d of April last, and previous to the trials, such as they were, as to rapid firing. So far, the Ordnance Select Committee did well ; but what shall we say of their publishing the results of the later, imperfect, and least important trials, while they k ep t th e resu lt s o f th e f or mer a profound Seer et ? Yet so it was; and at the meeting of the Civil Engineers, held on the evening of the 28th of May, when the President asserted that such a trial had taken place, and read out some of the results, Sir William Armstrong himself, who was present, called the statement in question, and astonished every one by stating that even he had Lot been made acquainted with what had taken Place. He also, as might have been expected from a man of Sir William Armstrong's calibre, ex pressed it as his most earnest wish that such trials should take place openly, and the results be fairly Published. We beg now to state that Mr. Bidder literally " spoke by the card" of the Select Com mittee itself, in making the statements he did; and our readers will be gratified at finding we are now able to lay before them a copy of the same docu ment, as follows : Results of experiments made on 2d April, 1861, at Shoe buryness, under the Ordnance Select Committ ee in order to ascertain the range and deflecotnaiopnaroifsoWn with Arm_ breech. l o ading 12-pounder gu n , in c strong's 12-pounder gun," under Minute No. 3,625. 44 Ca Om O g fs i 2 1 . g c:4 c 5 i f A .F.l Whitworth.. Armstrong "Wh itworth' . * • ,Altastrenz • • • hitw ort y l ' • • ' • • • Armstrong Whitworth, Ar •• • • matro n WEit l y g•• • • a •A Nyo rnt , irhmit!Tro - t ' ',lnt./Y.4Ba avy Gazette, yards. -„_ SliA-U MilliKET.-(THIS DAY). ORDINARY SHAKES AND STOCKS. I Price. Closing Business Railways. rail. Done Share 1:3.14 stock stock stock 'Belfast and Ballymena Bir., Vol , and Str. Val. Birk., La., and Ch June IBlyth and Tyne Bost. Sleaf. and Mid.Co Bristol and Exeter Caledonian Carmarthen ,t Cardigan Cork and Bandon Cork, Illrock., t Passage Cornwall Do A (A gets no div until 6 nc Do B hasbeen 1 p d. toB Dublin & Belfast June Dun., Perth, &Ab. June East Anglian Eastern Counties Eastern Union, A stock Do do B do Do Nw A, late EU3ds East Suffolk Edinburgh & Glasgow Edin. Perth, Az Dundee Forth et Clyde Junction Furness Glasg. and S. Western Great Nthn. of Scotland Great Northern Do do A stock Do do B do Gt. S. & W. of Ireland Great Western Do Str Val gua. stock Trish South-eastern Lancashire & Yorkshire London and Blackwall Lon., Bright.. & S Coast Lond., Chat., and Dover Lond. &Nth. Western Lond. do Bth. Western L'derry & Coleraine L'derry & Ennisaillen Man. Shet. Az Lincoln Maryport and Carlisle Do do shares Metropolitan Midland Do new......., DO Yirming. & Derby Nfld. Gt. W. of Ireland Do shares Mid Kent Do, Cray Line Newcastle and Carlisle Newry & Armagh, def Newry, Warnpt. t Fos Norfolk . . . North British . . Ncr.Dev.Rail&Dk.stock D , A 3tk ; A rocs no d. , until 6pchas beenpd.B Do B stock .......... Nth. Eastern—Berwick , Do do , O.N.E. purchase, DoLeeds .............. Do York INorth London .. Do new. 7orth taffordshi re N. and S. W. Junction ot. & Grantham Rail 1 - ebles Portsmouth Rhymney....._ Scottish Central Scot N. E., Aber. stock Do Scot. Mid. stock Shropshire Union Sittin gbourne ct Sheer. South Devon S.-Durham & Lane. Un. South Eastern South Wales S. York. and River Dun Staines, Wok,. and Wok Stockton & Darlington 25 I Do do Do New (1860) Taff Vale .. Do Pref. No 1.. t.. ThamesHavenDk&Rall Ulster .. D 0.................. Do.. • .. Vale of Neath Victoria Sta. and Pim Waterford & Kilkenny; Waterford & Limerick ! West Cornwall West L0nd0n........'. Do Ist class Do 2d class .. ; Westllartlepool Harbr! and Rail West Midland—Oxford l Do. Newport Do. Herefordi 6 7 97 09 97i b 8 41 43 8/ 9 174 181 494 501 38 40 28 29 82 84 26 3 / 4 273/4 107 109 125 127 1081 1091 102 104 130 132 103 105 73 73& 80 62 .114 112 56 62 119 121 44 46 94 941 94 A 5 10 11 44 45 4 4d 121 124 lit Ip 91 96 8 6d 54 C 6 62 631 1041 105 P s 0 60i 61i 924 03 95 08 41 41 1 91 101 84 87 [l4 116 31 A 3 85 87 46 48 38 40 sot sot 62 64 03 96 4 7 391 104 94 10} p 56 6 p 551 MI 2 3 p d p 83 85 114 112 46 48 42 14 86 68 stock 12i 10 stock 6.4.0. stock stock stock stock stock stock stock stock stock stock 10 19.16.4 to stock stock stock stock stock 10 stock 25 stock stock stock stock stock 12 10 stock 10 stocK stock stock stock stock Share Railways. ;Paid Closing Business I Price. Done. 25 I Blythe and Tyne 10 per c. pref. (issued at £5O all stock fsris. & Exet.4 p.ctstock 100 20 Do. do. do. Shares stock Caledon £10,41 percent 100 100 102 stock Do. Quer. Shares, No. 2. 100 0 i Cork & Bandon, 54 p. a all 20 , Cornwall, 5 per cent. 61 Dun.Perth&Aber.Jun. 14 Do Ist Class Pref all stock E.Angn.Class A 7 &5p.0 100 99 101 I stock Do. do. Class B 6 p.c lOO 108 112 stock i Do. do. Class C 7 p.c lOO 105 108 stock E. Court. Ex. sp. c. No.l 100 108 110 stock Do. do. No. 2 100 106 108 107 6 stock Do. New 6 per ct. stock. 100 122 124 stock Eastern Union, 4 per cf. 108 80 82 stock Do. 5 per cent. guar._ 100 stock IL'din.&Glas. sp.c. shares 1 00 109 111 stock I Do. 4p. c gua. S. &D. 100 90 92 stock j Isdin. Perth& Dun. 4 p.c. 100 75 77 stock I Furness, 5 per cent .... 100 stock IGlas.& S. West.g.a. 5 p.c. 100 stock 'Great Northern, sp. ct. 100 113 115 stock Imo.sp.c.Redm., 10 p.c.pm 100 110 112 stock Do. 41 p. c. do. do. 100 Do. sp.c. Redm. 5 p.c. p m 80 106 107 10 Gt. 7 of Scotld. let pf. all ! p. et. pref. stock stock f Gt. Sn. & W (Ireland) 9 I 100 97 99 50 Great West. (Berks and Rants) stock Lo. Redeemable,4l p.ct 100 98 100 stock Do. Redeemable, Ip. ct. 100 89 91 stock Do Irredeemable, do.. 100 90 92 stock Do. 5 p.ct. Redeem. Pref lOO 102 104 8 Do. Birm. Pref. Shares all 94 1 0 10 tit W. Ches. 8 p.c. ptsh all 161 176 161 10 Do. do. sp. et. pref all 101 101 stock Do Birmg.guar. stock lOO 74 76 263 Do. Chester gua. shares all 20 21 136 Do. do. do. 20 Do. do. do. 100 Lan. & Carl. 41 pc. pref 4O stock Lan.&York 6p. c. stock lOO stock Do.Barnstst£s 3s 10d pc 100 —.— stock Do. 6 per c. (E. Lan.) stock Lcn.& Brig.s pc.g - u.N0.1 100 113 115 stock Do. sp. c. No. 2 100 113 115 stock Do. gua. 6p. e. stock Do. do. 5 p.c No. 9 100 113 115 stock Do. do. 41 per cenk. .... 100 101 103 5 Do. do. 41 p. c. shares.. all stock Do. 7p. ct. Pref. stock. 100 150 155 stock Do. tips. do (W.E.&C.P.) 100 ,28 131 stock Do.4p.c.S.(div.def.til '65) 100 71 74 stock Do. 4 per cent. Pref lOO stock Lon. Chat. and Dover lOO 83 87 Do.W. A rceiv. no div 1 0 1 Ex.A til 6p cispd on I all f Do. B B. & Brom ex. all 10 Do. Metropolitan Ex B 23 21 stock Lon. and N.W. Coy. and Nuneaton, sp. ct l OO stock Lon. & S.W, 7p. ct. stock 100 stock Do. 44 per cent. l OO 2s. 6d.1 Do. (Prtsm perpl anns. I of 2s. 6d. alI 12 1 Londondy. & Cole. Ish all 12 1 Londony. & Ennis. Ish all 131 14 stock Ilan. Sh. &Lin. 6 per ct 100 1,124 126 6 Do. £6 4l I 4P I stock Do. 34 per cent 10 Do. redeem. 6 per cent 5 4 2 P 121 7,laryport & Car., 4p. c all 125 Do. 41 per cent. all stock Mid. Con. 6p c. stock lOO stock Do.Con.Bris. & Bin 6 p.c lOO 134 136 135 stock Do. 41 p. c. pref. stock lOO 102 104 8 Do. 41 per cent 3 stock Do. Leis. & Hit. pref. at lOO 91 93 914 stock Nortik sp. c. Ex. st. 1846 100 stock Do. 51 p. c. Pref. do 1847 100 stock Do.sWay.Val.Ex.stlB47 100 stock North British, sp. a stock Do. New, elm sp. c lOO 108 110 101 I Do. Boni - Tn. g. pl. she 5 4 14 p 101 I Do. do. do all st I Nth.Dev.Rail. & Dek.Co. 100 st IN-East.Cons.Pref. 4p. c. 100 91 93 st ;Do. 44 pa. redeemable lOO 99 101 at Do. G.N.E. 4 per c. pref. 100 100 101 17 Do. Berwick, 4 p.c. Pref. 8.13.4. p ip 20 Do. Leeds, 6p. e. No. 1 13 124 Do. do. Quarters, 1848 9 25 Do. 'York, 11. &S. Punch. 10 4d lo 20 North Staffordshire.. . all 221 23 10 Rhyrnney Guaranteed. all 8 4 Scottish Central, new pf all at Scottish North-Eastern 34 p. a. pref. stock lOO stst Do.Aberdeen,gua.6p.e. 100 -- Do. 7p. a pref. stock 100 131 133 1 . 1 10 % . s 6. so South uth E D a e s v t o e n rn , A ( n n e n a . di l n O s. all 10 101 t D D o o : F. 4 t x per ed 4 it cent. p.c. Do. Fixed 41 per cent all a , South Wales, 1.0.6) a gua. 4 p. i a oooo l oo l 9_922,91 100122 let i s. 10 B a a l s ' . . D D y O OO .. r i -4 5 k 8 p:eierrree cent: ei pt t. :: i. . .... ... st 1 12 98 100 gua, 100 85 -- 25 Stock. & Dar. As p. o all 261 27871 25 Do. B 6 per cent all 311 32e 25 Do. C 6 percent . . st Watrfd & Killoiy, 6 p. c . 10 0 45 48 st W.lllid -Oxt lst Gua stk 100 124 126 st Do. 2d do 100 120 125 st Do. Newport sp.c.pf.red. 100 101 103 st Do.Perpet. 6p.c. pi 1866 100 120 122 st Do. till 1869, Ist is., 100 115 117 LINES LEASED AT FIXED RENTALS. ILeasing Closing Busin ess Railways. Pail ' Co.'s Price. Done. Bedford and Bletchley Buckinghamshire Chester Holyhead... Do. 5a per cent Do. 5 „ Ln &N.W . • • • Do 9l 96 D 0... ' 52} 63i Do l2l 123 Do llO 111 Caledon lOO 102 E.U.IzE.O 15i 16i ,Gt. North. 132 134 E.Counts.l 4} 4g Clydesdale Juno Colchester, Stour Val E. Lincolnsh. g 6 p , r o E. Union, Harwich Shs Do. AVoodbridge.... Gls.Barr.&Neils.Drct. Do. new Gloster & Dean Forest Hrtlp'l Dock & Rail.. Hull apclSelby iDo. Gt. West. iYk.N.&Br , l Yk.N.md.l Do. I Lnt . N.W. S.Eastern Do.. Peto fiCo.j Norfolk..l Do. iL NW.tll Do. halves:. Do. quarters........ Lanc..tearL gua. 5 p.c. London Greenwich. Do. Preference .• • • Lon.,Tilbury,& S Lowestoft gua. 4 p c• • Do. h per cent Mnc., Bxtn.,&Matlock Mid. Bradford Prefer-I ence S --- Nawmarkt,BuryEx. 1 gua. 5 percent.... Northn.&Eastn. 5 p. c. Do. 6p. c. Do. Fixed 5 p. North Western. Preston and Wyre. Do. Shares ...... A Roystn.Hitch.,&Shep Shrewsbry& Hereford Do. do. S.-Staffordshire..... Wilts and Somerset W131%1)1 4 40 &Croydn Midland E. Counts Do. i Do. I Do. Midland Lat NW) I L.Yk. j Do. t.North. T.Brassey Do. M'Clean Gt. West i.L.4Brew 0 .§ 8 1.1 tg 100 100 100 100 PREFERENCE SHARES. TriE SUN, LONDON, SATURDAY EVENING„TUNE7 15, 1861. ;usineßs done BRITISH POSSESSIONS. Railways. Atlantic & St Lawrence Bom.,Baroda&.Cent Ind Cu. 5 per cent ...... Do, Do. Buffalo and Lake Huron Do. New Do. Preferonce Buffale,Brant&Godrich 6 p. ct. bds. Aug. 1, 1872 Do. do. July 1, 1873 Do. do. June 1, 1871 Clcutta.&S.Eastn. (Lim) Cape,Eastn.Prov. (Lim.) Cape Town & Dock Scrip Ceylon Guarantd. 6 p. c Demerara Eastn. Bengal gu. 5 p. c East Indian, gu. 5 p. c. Do. F Shares Ext Do. Jubbulpore Do. 4i p c. Debentrs Do. 5 p. c. Deb., 1864 Do. 1865-1870 Grand Trunk of Canada Do. 6 per cent. Pref Do. 2d Pref. 6 per ct Do. 6 per ct. Debentr Do. 7 per cent. 1862 Do. do. 1867 Do. do. 1872.. G t.lndiarenin.gua.sp.c. Do. New gua. 5 p. c... Gt. S outh. of India (Lim) , guaranteed 5 per s eent: Do. do. Gt. W. of Canada Shares Do. New . Do. 6 p.c. '73 with't opt Do. 5i p. c. do. '77 do Do. 56 p. c. do. '7B do 'Madras guar., fi p. c Do. do. 5 per cent Do. 4t p. c. Extension Do. 5 115felb.Corp. 6 p. o. Bnds. INewßrunswicktir Canda Ry.&Land(Lim.)g.6pc Class A Capital Share Do. do. Land d 0........ Do. do. B Capital d 0... Do. do. Land do. Oude (Limited) ........ Scinde Do. Punjaub .... 4 g Do. Do. ........ 5 V Do. Indus. St. ,Trinidad (Lim.) Scrip.. 100 15 all 'j 100 1 FOREIGN RAIL' Paid Closing Price. 96 97 —d 4i 5 d 6 7 75 80 65 70 65 70 4i 5i li If d i pr I I'd 100 101 961 971 984 991 981 991 191 201 63 66 54 58 34 36 43 17 31 36 34 36 971 881 it:U(l 94 96 101 10; 9; 91 , 95 98 90 82 85 87 94i 054 87 89 - -o 5 7 5 7 994 1004 lid i d —d 93 95 - AYS. !Algerian Antwerp Rotterdam. Ardennes ........... Bah.&S.Fran-Lim.7 p.c. Belgian East. Junction Revers to Graissessac.. Carmeaux Mine & Rail C0piap0................ Ditto Extension —.I Dutch Rhenish ........ Eastern of France .... Grand Rue Guar. 6 p. e. Do. do. Great Central of France Gt. Luxem., Con. shs Italian Junction Lierrc & Turnhout Lyons ct Geneva, Namur Liege . ••• • • Do. 6 p. c. Pref. . • • • Northern of France Do. New Shares Norwegian Trunk Pref. Paris,Lyons, & Met:liter. Paris & Orleans Recife & S. Fran. (Pern ) zua. 7 p. ct. lira Riga & Dunaburg Royal Danish ....•••• • • Royal Swedish .... • • • • Do. 7 per cent. Pref Sambre & Meuse Do. 51 per cent. Pref San Paulo, lira, 7p. c S.Aust.&Lomb Venetin Southern of France.... S. East Portugal 7 p ct. West Flanders ...... .. Do. s#p. c. Preference.. W. & N.W. of France .. Western of Austria.... Western of Switzerland' Wiesbaden ..... . Do: 8 Per cent 'Zealand BRUISE Alfred Consols (Philack), F;ritish Iron ;Clifford Devon G. Cons. (Tavist ) East Bassett (Illogan) I East Caradon ...... E. WI Russel (Tavistk.) Gam. Aubyn(Gwen.) Great South Tolgus G.Wheal Alter. (Philack), G. Wheal For (Helston) Grenville Herod's-Foot }Engel:son Downs Lady Bertha Margaret (tiny Lelant) North Downs North Frances ( Illogan) IN. Wh'l Basset (Illo gan) 'North Wheal Crotty ;Par Consols (St Blazey) Providence (Uny Lelnt.), Sortridge Cons. Min. Cod ;South Caradon(St.Cleer) IS. Carn Brea (Illogan) 'S. Dev. Iron &Gen., Lim ; S.Wheal Fran. (Illogan) Stray Park ITamar Silv.& Lead Min Tin Croft Vale of Towey (Carm ) West Basset (Illogan) , Caradon (Liskeard)' !West Seton Wheal Basset (Illogan) 1 Wheal Buller (Redruth)l Wheal Edward (Cals.)l Wheal Kitty (U.Lelant)l Wheal Mary Ann (Men.)! Wheal Treiawney (Lis.)! FOREIG 20 Australian 1 BonAccord Copper, L 20 'Brazil St.J.del Itcy,Lim 5 Do. Land and MmingCo. 1 Clarendon Cons.MinCo 40 Cobre Copper Copiapo 1 DunMoun.Cop.Ming.Co 2 Fortuna. 20 General I 2 Gt N. Cop. of S. Austr 11 Kapunda (Limited) S Linares 5 I Lusitanian , 1 , illariquica 1 IN.RhineCopofS.Aus.L 20 Pontgibaud Silver,Lead Mining and Smelt 5 Port Philip 1 Scottish Austrin. (L.) 23.2•84 United Mexican .. 1 'Worthing (Limited) Do JOINT-STO , Agra&UnitedService Bk Australasia Bank of Egypt 'Bank of London ......• IBank of Turkey IBritish North American 'Chtd.Bank of India, etc. Ch. Mer. of In. Lon.& Ch. !City Colonial ... Corn. Bank of Canada.. Commercial of London. lEng - .. Scot., ,t Aus. Ch.. ,Gen. Bk .of Switzerland Lon. Char.Bkof Australi Do. new London and County London Joint Stock •••. London and S.Airican 'London & Westminster INat. Prov. of England 'Do. new !National Bank ...... INew South Wales 'Orient. B. Corporation 'Ottoman Bank ... •• !Provincial of Ireland IDo. new .... • • (South Australia , Union of Australia Union of London Unity Mutual COLONIAL GOVERNMEN' Can. Gov. 6 p.c.Ja. &July 1877-9 Do 6 p. cent.lBBo-2 Do. 6 p. cent.lBB3-4 Do. 6p. c. Feb. & Aug. Do. 6 p. c. Mar. & Sept. Do. 5 per cent Cape G.Llope, 6p c,lBBO, Do. 18901 N.B.Gov. 6 p.c. Ja.&July Do. 6p. c.Ap. & Oct N. S.W. Gov. 5 p. c., 1866 Do. 5 p. c.,1871 to 187 Do. p.c., 1888 & upwds Nova Scotia Gov. 6 p. C sterling, 1875 S. Au5,G6p.c.1878.& up j'iric.Gov. 6 p.c. Ja.&July, iDo. do. 6 pm. Ap.&Oct 1 54 51 24 lad 1 11 12 3} 2/ i 21 22 23 7 n 84 Si 194 204 884 394 8 9 364 374 52 64 5 40 13 14 51 6 8; At I 411 fids, 22 23 6 4 1 PI 20 21 ES. 1 2 1 2 177 i 1821 365 575 874 01 26 27 IMPERIAL PARLIAMENT. HOUSE OF LORDS.—(YESTERDAY.) The LORD CHANCELLOR took his seat on the woolsack at five o'clock. _ PRIVATE BUSINESS. The Liverpool Cemetery and Kirkcudbright Railway Bills were read a second time. The Manchester and Wilmslow Road, Henley-in-Arden Railway, Darlington Local Bill of Health, Alton, Alres ford, and Winchester Railway, Cork and Youghal Rail way, Middleton and Tonge Improvement, and East India Irrigation and Canal Company Bills, were read a third time and passed. THE ROBING-ROOM. Lord REDESDALE gave notice that on Monday week he should move for a select committee to ascertain when the Robing-room would be ready for the occupation of their lordships. EXPERIMENTS WITH THE ARMSTRONG GUN. The Earl of HARD WICKE, seeing the noble duke the First Lord of the Admiralty in his plow, wished to call attention to the statement made by him some evenings ago, viz., that shot from the Armstrong guns had penetrated eight inches of iron. Now it was very important to know what wero the parti culars of those plates. lie was told that the plates were composed of iron welded together, and set on end ways, in which case it was a very unfair trial, as the welding could never bo perfect. Ho was also told that the 4t inch plate of wrought iron had never been ;penetrated. It was very important that the truth should be known, in order that the impression might not go forth that English manufacturers could not make good iron plates. The Duke of SOMERSET was perfectly aware of the great differences in iron plates. The plates in question were certainly composed of iron bars, but they were not welded. They were dovetailed together, and fastened in the strongest manner. He believed that the same results would have followed had the plates been prepared in other ways. With respect to the trials that had been made, and would be made, the utmost care would be observed, and the services of the most scientific persons had been se cured. ADMIRAL ELLIOTT. The Duke of SOMERSET said with respect to the statement that had been made in that house last night, he regretted that such a circumstance should have occurred during his absence. He was informed that the noble lord had made remarks affecting him and Admiral Elliott. He could only say he had nothing to retract, and therefore he adhered to his statement. Foreign officers often applied for permission to inspect English dockyards, and such permis sionwas always granted. In a few days after one of these visits he saw an article in the Ilioniteur, or some other continental newspaper, warning the French that our pro gress was dangerous. He must say it would be very em barassing to the friendly relations between the two countries. The Earl of HARD WICKE was sorry to hear the sub ject revived again. His only object was to defend the cha racter of a brother officer. With respect to the adminis tration of the naval affairs of England, it behoved the noble duke to be energetic in his competition with the French Government. They had twenty-six of these iron plated ships in preparation— England had but six or seven, and it was necessary that we should have as great a force as that country. It was true the speech of the noble duke the other evening was the speech of a statesman, but it was that of a slow statesman. He thought he ought to go on a little faster if he really wished to beat his powerful com petitor. Lord BROUGHAM bore his testimony to the fact that the speech of the noble duke contained nothing injurious to the honour of Admiral Elliott. He renewed the warnings he had previqusly given of keeping the nation well armed. The Earl of SHREWSBURY said Admiral Elliott, in what he had done, had done nothing more than any other private individual would have done who Went out without any Government directions. The Duke of SOMERSET could only repeat his regret at what Admiral Elliott had done. It was a very different thing to relate the result of his visit to a private friend and to tell it to an ex-First Lord of the Admiralty, with the view of it being stated on authority in the House of Commons. The bad effect of the course was to be seen at once on the other side of the water. In the discussion in the Corps Legislatif the reflection was already apparent. The noble lord seemed now to be urging him to build nothing but iron ships. A short time ago he was urgently demanding wooden ships of the Admiralty, yet the Admiralty was accused of vacillation. He must leave the noble earl to de • tide on which side the vacillation existed. (Laughter.) The subject then dropped. PUBLIC OFFICES EXTENSION BILL. This bill was read a second time. GREENWICH HOSPITAL BILL. This bill passed through committee. BOROUGH OF DUBLIN B ILL. This bill was read a third time and passed. BURFORD'S CHARITIES BILL. This bill was read a second time. READING CHARITIES BILL. This bill was read a second time. TEMPLE BALSALL HOSPITAL BILL. This bill was read a second time. GUILDFORD HOSPITAL BILL. This bill was read a second time. Their lordships then adjourned. HOUSE OF COMMONS—YESTERDAY. The SPEAKER took the chair at four o'clock. PRIVATE BUSINESS. The Lords' amendments to the Banbridge Extension Railway Bill were considered and agreed to. The Bur ton-upon-Trent Water Bill and Llanidfoes and Newtown Railway Bill were read a second time. The following bills were read a third time and passed : Cleveland Railway, Cork and Macroom Direct Railway, East Suffolk Railway, Kilkenny Junction Railway, Much Wenlock, &c., Railway, Sittingbourne and Sheerness R a ilway, and West Midland and Severn Valley Railway Companies. TIIE GALWAY SUBSIDY. Several petitions were presented from different parts of Ireland in favour of the restoration of the Galway packet subsidy. THE NATIONAL GALLERY. Lord W. LENNOX gave notice that on going into com mittee on the civil service estimates he would draw atten tion to the recent alterations in the National Gallery at Trafalgar-square. BRITISH SUBJECTS BORN IN INDIA. Colonel SYKES gave notice that on Tuesday next he would present a petition from British subjects born in India, complaining of grievances THE GREAT EASTERN. Admiral DUNCOMBE asked the Secretary to the Ad miralty, if the Admiralty had taken up the Great Eastern for the conveyance of troops to Canada; if so, at what rate per ton; how many soldiers are to embark in her; and if their being sent in that ship was with the concurrence of the Secretary of State for War ? Lord C. PAGET said that the Government had made a contract with the owners of the Great Eastern for the con veyance of a certain number of troops and horses to Quebec. The number consisted of 89 officers, 2,007 men, and 222 horses, and the rate of payment was £lB per head for officers, £2O for horses, and 10s. for privates. CONVICT PRISONS IN IRELAND. In answer to Mr. MAGUIRE, Mr. CARDWELL said that, from the improved state of convict prisons in Ireland, it was not intended to fill up the vacancy in the Board of Directors of Convict Prisons. POST OFFICE SAVINGS BANKS. Sir A. AGNE W asked the Chancellor of the Exchequer, whether it was the intention of her Majesty's Government to extend the accommodation contemplated under the Post office Savings Banks Act to all parts of the United King dom; and whether the Postmaster-General was prepared to receive applications from private parties interested in the establishment of savings banks in particular localities. The CHANCELLOR of the EXCHEQUER said that the bill would extend to the three parts of the United Kingdom. The object of the Postmaster-General was to grant post-office accommodation in those places where it was most required. The Postmaster-General would make selections of those districts, in order to give a fair trial to, the system previous to its general adoption, and he would look more particularly to the more wealthy and populous places. He trusted gentlemen of local knowledge and in fluence would give the Postmaster-General all the assist ance in their power by furnishing him with information. DOVER HARBOUR. Mr. DEEDES asked tho President of the Board of Trade if it was his intention in the Harbours Bill to adhere to the constitution of the board now governing Dover Har bour, as provided for in the bill ? Mr. M. GIBSON said the bill on thi s su bj ec t wou l d b e proceeded v ith on the day sitting on Tuesday nest. THE HIGHWAYS BILL. In reply to questions, Sir G. C. LEWIS said that if it was considered by hon. members that proceeding with this bill on a day sitting on Friday would not be fulfilling the promise made for appro priating a day for it, he would not press that arrangement, and he would substitute the London Corporation Coal Bill for consideration that day. THE GALWAY SUBSIDY. In reply to Col. FRENCH, The CHANCELLOR of the EXCHEQUER said that it was not usual for Government to apply to the law officers of thee point Crown rdTtoheter postmas-General considered contracts, except when there was m that no such point had arisen in reference to the Galway Packet Company, and therefore did not apply to the l aw so officers for advice. Zv i n o r v e e g d. a THE APPROPRIATION OF THE VACANT SEATS. In reply to Mr. DUNCOMBE, Sir G. LEWIS said that the bill for the appropriation of the vacant seats would be proceeded with, and Government would then state what course they intended to pursue. Mr. T. DUNCOMBE then gave notice that he would move that writs be issued for members to serve in Parlia ment for Gloucester and Wakefield. THE GALWAY SUBSIDY. Mr. GREGORY moved for a select committee to inquire into the circamtanco attending the tenninati94 by the Postmaster-General of the postal contract with the RoYal ' Atlantic Steam Navigation Company. He said it was not his intention to make any allusion to those personal expla nations which had hitherto attended the discussions on this subject. Ho would merely remark that it was the custom in private life, when a gentleman had the misfortune to hurt the feelings of another, either from any incorrect informae tion, or from any inadvertency, to take the earliest oppor tunity after he had found out his mistake to explain how the error arose, and to express his regret that it should have occurred, and he would venture to say that in 99 cases out of 100, that explanation was accepted in the same frank and friendly spirit in which it was made. He was bound to say that the noble lord at the head of the Government had evinced that frank and fair spirit which always character ised his dealings with that house. As soon as he found that the Irish members had not made a threat nor solicited an interview, he stated to the house that he was perfectly satisfied with that explanation ; and he (Mr. Gregory) only wished that on that occasion the noble viscount had been authorised to make a similar statement on the part of the noble lord the Secretary for Foreign Affairs. In that case the noble lord (Lord John Russell) would have had the advantage of making an interesting harangue, and if at the same time the noble lord had stated that he was mistaken in the insinuations that he threw out, he (Mr. Gregory) could only say that, as far as he was concerned, the noble lord would not have heard more of it. He would make one other remark, and it was this, that the house ought to bear in mind that insinuations against members of the house not only attached to those members but to the whole house, both in the eyes of this country and in the eyes of foreign nations. He was given to understand that the commit tee was to be conceded, but until they had some informa tion from some authorised source on the Treasury bench, he trusted that hon. members who were disposed to sup port his motion would not leave the house. The terms of his motion were for a committee to inquire into the cir cumstances which had attended the abolition of the Galway contract on the part of the Postmaster-General, and the Government having adopted what he might call the solida rity of the responsibility of the Postmaster-General, the house would naturally consider that this was a committee that was going to Inquire into the acts of the Cabinet ; and as he could not help recollecting that on a former occasion when a committee of that house had been moved to inquire into the conduct of the Crimean war, the appointment of that committee was resisted on the ground that it was to inquire into the acts of a Cabinet, the most influential mem bers of which had seceded, he should hope that those hon. members who were disposed to support his motion would wait till they had received a confirmation of what he had stated. It had always been a stereotyped accusation against the people of Ireland, that instead of devoting their energies to the practical improvement of their country, they had ever been disposed to be led away by different projects of agitators, the realisation of which was impossible. In 1850, however, a project was set on foot which it was fondly hoped would be the precursor of many others, a project, namely, for the establishment of a line of transatlantic steamers in connection with an Irish port. In every part of Ireland the scheme was eagerly taken up. Small farmers, small shopkeepers, and persons who had retired from busi ness, all freely contributed towards the funds required ; for, as Mr. Laing observed, on the 9th of August last, 1,720 Irishmen had been induced to subscribe their money, believ ing that the project would be for the interest of their coun try. (Hear, hear.) When the subsidy was granted by Lord Derby's Government, he believed that at no time had there ever been a more friendly feeling towards England since the memorable tour of Lord Normanby. Irishmen at last thought that they had got something more than words. They thought it was a fulfilment of what had been pro mised them by King William IV. in answer to the address of both houses of Parliament that had been moved as an amendment to the motion of Mr. O'Connell for the repeal of the union. A similar feeling prevailed even in this country, for addresses were sent up to the Treasury in favour of the scheme from chambers of commerce in some of the largest and wealthiest towns, and also from some of the most eminent commercial firms in England. There were, however, two quarters in which great objection was felt to it ; and they were Liverpool and Scotland. In 1851 a similar uneasiness had been felt in Liverpool aecause it was proposed that there should be a postal communication be tween Ireland and America ; but the inhabitants were, at that time, a good deal reassured by the report of that year and by a speech of Lord Granville in the same summer, in which the noble lord laid down the theory that communica tion with America ought to proceed from Liverpool alone. He was bound to say that that theory had been well en forced by the Liverpool press ; for it said that Ireland really ought not to be led away by any such .visionary ideas ; but that it ought to content itself with planting potatoes and raising agricultural produce. When in 1858, however, the Galway Company was fairly started—when its vessels were seen to carry as many passengers as they could possibly accommodate—when the crimps and lodging-house keepers of Liverpool perceived that the unfortunate emigrants were escaping from their grasp—(eheers) —when they found that more goods came not only from Belfast but from other ports in Ireland than the vessels could carry, the Liverpool editors began to leave off their satirical criticisms on the names of the ships, the incorrect descriptions of their ton nage, and the discrepancies which were exhibited by their time bills, and a cry rose that it was atrocious in any Go vernment to support such a scheme. In Scotland a similar cry was raised, and it was led by the hon. gentlemen the members for Greenock and Montrose. A committeee of in quiry was instituted, and certain proceedings certainly came out; but though it might have inculpated individuals, that inquiry completely cleared the late Government of the charges which had been brought against it of political job bery. It was said that they had entered into the contract for the sole purpose of influencing the Irish elections ; but that charge had been so completely refuted by his noble friend (Lord Naas), who had shown that the contract was in point of fact completed before the prospect of a general election became imminent, that he (the hon. gentleman) need not say another word on the subject. (Hear, hear.) He believed that Lord Derby's Government were really influenced by considerations which did them the greatest credit. Instead of governing Ireland by a mere system of conciliating this man, and catching that, and put ting him in office—(cheers)—Lord Derby inaugurated a general policy—a policy of seeking to benefit, not individuals, but the whole country. (Hear, hear.) The people of Ire land felt that while they contributed largely to the imperial Exchequer, they reaped no benefit from grants which were lavished on England. Thus, while £BOO,OOO was laid out on harbours of refuge in England, and while £900,000 was sanctioned for postal contracts for English ports, no money was thus expended on Ireland. (Hear, hear.) The best wit ness in her favour was Mr. Laing himself, who said that so long as Ireland contributed a third of the postage, and pos sessed the advantage of nearness and the consequent saving of time which her position gave her, she must be consi dered as entitled to the service. (Hear, hear.) In the report of Lord Granville several points were strongly in sisted upon as establishing the inexpediency of making Ireland a port of departure, which bad been disproved by the committee of inquiry. For example, Lord Granville's report said the saving of time would be inconsiderable— only 10 hours in 11 days—whereas it was shown that there would be a gain of 24 hours to passengers, and while the gain to letters would be equal to seven or eight days on the double voyage, the saving on telegraphic despatches would be one. half. Then it was said that merchandise would not go ; but more merchandise had been offered by Belfast alone than the ships would carry. Then it was said that the passengers would find the frequent transference objectionable ; but it was proved that the Galway Company had carried more passengers in 12 voyages than the Cunard had carried in 50. (Hear, hear,) From June, 1859, to May, 1861, it had conveyed not less than 13,250 passengers out, and 3,955 home. (Cheers.) These persons had not only escaped the robbery and spoliation which they would have suffered in Liverpool, but the Irish girls amongst them had escaped the debauchery and contamination to which they would have been subjected in the ordinary emigrant ships, and which stocked the streets of New York with the vic tims who were thus seduced and then abandoned. This, therefore, was no mere squabble between a company and the Post-office. It was a national question, in which the sympathies of every Irishman were enlisted. They had been charged with giving the question a political complexion, but that complexion had been forced upon it. The present Government, which he (Mr. Gregory) usually supported, had, he regretted to say, from the date of its accession to power, showed the strongest animus against it. (Hear.) He would not refer to its dealings with the Post-office au thorities—he would refer rather to the report of Lord Gran ville, and to the speech of Mr. 'Wilson, on the vote of want of confidence, in support of his assertion. And now let the house pay attention to the dates. On the 22d of Octo ber, 1858, a contract was entered into between the colonial Government of Newfoundland and the Atlantic Company, for a monthly service between Galway and St. John's, and hence to the United States. The subsidy was to be £13,000, of which £8,500 was to be paid by Newfoundland, and £4,500 by the imperial government. On the 21st of April, 1859, another contract was entered into between her Ma jesty's Government and the company for a packet service between Galway and New York, with a telegraphic service to St. John's. The service was to be fortnightly, and for £1,500 each voyage, or £3,000 for the double voyage out and home. The ships were to be of not less than 2,000 tons bur den, and of 420 horse power. Four ships were contracted for at a price, in round numbers, amounting to about £400,000. Plans, lines, and specifications were submitted to the Ad miralty and approved. The company, feeling that they had undertaken a service of a very arduous character, and that they had a fleet of first-class steamers to provide, naturally required sufficient time. Accordingly they demanded and obtained 14 months ; and the contract was therefore to commence in June, 1860. After this contract was signed circumstances occurred which considerably complicated the affairs of the company. In the first place parliament was dissolved ; and shortly afterwards a new ministry came in; soon after which a system of attack, as he might fairly call it, was commenced againstthecompany. (Hear.) Questions were continually put; little Matters were perpetually urged ; and gentle hints were conv e ye d t o the Chancell or of the Exchequer and the Treasury, the object of which was ret mistakable. (Hear, hear.) A committee was v ppointed . in July to inquire into p ostal co ntracts. In the following session it was re - appo inted, and it did n ot report on the Galway contract ti ll the 22 d of May , 1860. The committee said that it would be open to parliament not to vote the money for carrying out the contract, but that they were not prepared to recommend the house to take such a course. Everybody who knew all the circumstances that had oc curred. however, was perfectly certain that the vote for the Galway Company was t rem b ling in the balance. (Hear.) The company did not know what course the house would take. All would depend upon the course adopted by the Government ; and it was understood that the animus of the Government was hostile to the contract. On June 22 the doubts which the company entertained were considerably strengthened by a letter which was addressed to them by the Treasury, and in which there occurred the following passage Under these circumstances it is impossible fcr their lordships to foretell what may be the decision of par liament, or until the final report of the committee is made, what course the Government may think it their duty to adopt." It was not, in short, till the 9th of August—in other words, till after the lapse of 16 months from the time the contract was agreed upon—that it was approved by the House of Commons. (Hear.) And now what was the posi tion of the company at this crisis? What would be the posi tion of any company in the world with an undertaking on its hands of such magnitude, and with contracts pending to the amount of nearly half a million of money, if all its hopes were thus left in suspense for sixteen months? (Hear.) What power would it have o% er its shareholders or over its contractors ? (Hear, hear.) If lathes had been committed the fault was owing to the position in which the company had been placed by the House of Commons, and the house ought, therefore, to take a liberal view of the case, and give the company the benefit of every doubt. (Cheers.) Evety accusation that could be raked up against the com pany was brought forward, and he was bound to say some very unfortunate transactions were brought to light, but which involved none of the shareholders or of the present directors. In June, 1860, although the contract had not been sanctioned, the company determined to put their ships afloat. They were afraid that, if they did not, oppor tunities would be taken by their opponents to make charges, by means of which an unfavourable impression would be produced on the committee, and induce them to make a report unfavourable to the company. They accordingly commenced service two months before the contract was actually granted, at a time when they were recommended by the Treasury to do so. That fact was not in writing, but he thought it could be sufficiently proved before a committee of the house—(hear, hear)—and that, even although the Treasury had then no power to pay them money. He would now refer to another branch of the transaction—the Newfoundland contract. He was under some difficulty in considering this particular matter, because he found that yesterday a reply had been sent by the Postmaster-General to the statement of the directors, in which they had alleged as a grievance with regard to this Newfoundland contract, that the Postmaster -General had forced the company to give up their colonial subsidy whilst they kept them to the duty of carrying the mails to St. John's. Now, the house would bear in mind there we s a letter published by Mr. Brady on this subject. B u t i n spite of Mr. Brady, and in spite of every written document which was published on this subject, the carrying of the mail to St. John's was forced on the company. This pistol —or rather double-barrelled pistol—was held to the head of the company because the Postmaster-General forced them to carry the mails to St. John's after the withdrawal of the colonial subsidy. The Postmaster-General met them at this point, and said, no such thing—the contract for carrying the mails, which was' only for one year, had terminated. To this statement he (Mr. Gregory) had only to say that it was incorrect. The contract was made in the first instance to carry the mails for one year ; but it was continued for five years, if the colonial legislature consented ; and the local legislature of Newfoundland did consent. (Hear.) This was a most important point, because it was this New foundland service which impoverished the company, and laid the foundation for its final breaking up. Into this subject he would not go further, but would leave it to the decision of the committee. He would merely add that it was alleged that the company had been subjected to pains and penalties merely because they had strictly carried out what the Postmaster-General considered to be the letter of the agreement, and that being under a threat all the time of having their contract broken up, the company were forced to accept this condition. In October, 1860, the company applied to the Postmaster-General fora postpone ment. That was the first proposal on the part of the com pany. They proposed to postpone the carrying out the contract till March, 1861, That proposal was accom panied by a request that the Prince Albert might be accepted for temporary service until another vessel was ready. That request was refused. On the 12th December, 1860, the company wrote, asking fer further indulgence, and that the time should be extended from March to June, 1861. And here he must allude to the circumstance that the Post master-General in his letter said that on the 26th of March, 1861, the company had not a single vessel capable of per forming the service of the company. But on the 26th of March the company possessed one of the finest vessels in the world capable of carrying the mails—the Adriatic. (Hear, hear.) The Adriatic had been already employed by the Cunard Company, and the directors applied to the Postmaster-General to allow her to start without being in spected by one of the surveyors of the Admiralty. That request was refused. Now, though no doubt it was per fectly right that vessels should be inspected, he thought the Postmaster-General might have extended to the Adriatic under the circumstances some liberty in the matter. But all these points might now be thrown aside, because for almost every one of these concessions the company had been compelled to pay—to use a vulgar phrase—through the nose, to the extent of £B,OOO. It had been generally supposed that the company had received a very large sum of money for doing nothing all this time. But he must assure the house that the company had received no money whatever, except for services actually rendered, to the amount of £14,000 odd. No doubt there had been irregularities ; no doubt also concessions had been granted by the Postmaster-General. But the company had been fined over and over again, and where the fines had been exacted it ought to be considered that condonation had taken place. (Hear, hear.) On the 7th May the company, in consequence of not having a vessel of their own, engaged the Parana, a vessel which in tonnage, horse power, &c., fully answered the requirements of the Admiralty. Her speed had been proved on former occa sions, for once she had made the passage to Boston in one day and several hours ttss than the time required, and she had returned in an even shorter period. Therefore, the Parana was a vessel perfectly cal culated to fulfil the terms of the contract. Now, by the terms of the contract of the 21st of April, 1859, the com pany were bound to keep seaworthy and efficient vessels ; but they were to be subject to the approval of the Board of Admiralty. Lord Stanley of Alderley refused the Parana, on the ground that the Admiralty surveyor had stated she would not be able to carry the snails to St. John's in six days. Now, here lay the point. By the new contract provi sions were made that the company should take the mails to St. John's, but no time whatever was stipulated for taking them to St. John's, although a time was fixed for their going to Boston, which stipulation the company efficiently carried out. (Hear.) There were no time tables for St. John's, and no provisions for the delivery of the mails. Therefore when the noble I,rd said ho was guided by the Lords Commissioners of the Admiralty, the Lords Com missioners, though they could not say the ship was not competent to carry the mails to Boston, said she was not competent to carry them in six days to St. John's, and they said the Parana could not go. Was this a fair and proper course for the Government to take this advantage of the company when the Postmaster -General had no means of knowing whether a vessel could perform the voyage or not ? He (Mr. Gregory) had felt much obliged to the hon. gen tleman for the answer he gave him yesterday. Ho (Mr. Gregory) wished to know what were the penalties which had been imposed upon other companies, whether any in dulgences had been extended to other companies, and par ticularly to the company of Sir Samuel Cunard. But whilst the Government was heaping and imposing all these penal ties upon the Royal Mail Steam Packet Company, what were the penalties to which the Cunard Company was liable ? The only penalty which could be imposed upon that highly subsidised company was a fine of £lOO for not having a ship ready. Nothing could be charged for over time; there was no power to determine the contract for delay, and there were no time tables. But would th e house (permit him to refer to the correspondence of Lord Stanley of Alderley with the Cunard Com pany, in which that noble lord did himself great credit for his indulgence and his immense concessions. In 1853 the noble lord, writing of the Atlantic Royal Mail Steam Navi gation Company, said that the mode in which the company had kept its contracts had been made the subject of several complaints. The company had admitted the correctness of the charges. After mentioning a date, he said that from that period the company had kept to their stipulations as to time on three occasions only, sometimes they had exceeded it by 14 or 16 days—(hear, hear)—and on the average they failed to keep time for four!,days on each voyage. (Hear, hear.) During a period of from February 1850, to March 1853, the duplicates of letters sent by the mail had been re ceived in Liverpool before the letters themselves had arrived at Southampton. (Hear, hear.) Then followed a remark able passage, in which the noble lord said, "We are sa retias fied that the Atlantic Royal Mail Company has had gre at difficulties to contend with, that it has made greatarl exertions and incurred heavy expense towards providing an 111 been treated supply of vessels. On the other hand, it with great indulgence, and great allowances for the sake of its losses and of the magnitude - s e of two ships/ rests involved." These losses w hich they receive is very (Hear, hear.) " The subsidy itliuhdaaevoefbethene minatdee large, and.tethhdeeyrThes ed to abandonmentthe of public tender. one year of the contract North American branch withinf the subsidy, had rendered the without any diminution o H e never ear,hea be r e . n / Wex p rate of payment p er mileou circumstancesl ha y have been willingare toof opinionun d er that, on the w hole- has een very oft en se when the company was or mmueedh. gr l e t ater than when was agreed on take the service- resthweso , it would not be fair tow ar d s the sor t e d that otherupuartdoi com pany, at the present moment, to destroy the company, or to inflict any penalty ; nevertheless, the public interests de mand that a stricter course should henceforth be adopted." He (Mr. Gregory) could not help looking at this decision as a great national misfortune. He would not say that the town of Galway had received the greatest and most marked benefit from the opening of this route. That would be a most unfair and censurable observation. But he might re mind the holm that already Belfast and the north of Ire land had been struck with the necessity of communication with Galway, and had considered it a matter of such vital importance, that a line was now commenced, and would shortly--he believed within six months—be finished, for the purpose of connecting Galway and Belfast by steam communication. He might also say that the south of Ire land had been so impressed with the necessity of having communication with the town of Galway that a line was sanctioned last year by Parliament to connect Limerick, Cork, Waterford, and the south-west of Ireland, with Gal way, and he very much feared that the withdrawal of the contract would make the company apply to Parliament to be released from their engagement. In former years, partly from the opinion of the commission which sat in 1841, and partly from the general impression that prevailed in England, all idea of postal communication between Ire land and America was pooh-poohed as a foolish proposition. Sir S. Cunard then stated that if he should be induced to enter into such an arrangement he must have an enormous increase of subsidy. But Sir S. Cunard had discovered the absolute necessity to accommodate the south of Ireland, and the consequence was that they had Cork now a port of .all without any increase of subsidy being asked for. (Hear, hear.) Other companies also, who were formerly of opinion that Liverpool was the only place to be accommodated, had now found out that Londonderry required to be accom modated also, and Ireland was now accommodated with three distinct points of departure for America. Both the north and south of Ireland owed a considerable debt of gratitude to Galway, for they might rest perfectly assured thatwi to n Lo jealousyn don de r wasry, that it was from no love of th em t h at Sir S. Cunard sent his an vessels athey mtiog might t r e k s , tand assured Mr. Allen aso sent h h s when extinguished love was likely to wax f a i nt. (Laughter and c h eers .) Well, then, with regard to this subsidy, which amounted to £78,000 a year, let them see for a moment what were the advantages that England derived from it. (Hear.) Just now news from America was eagerly sought for in every quarter ; to obtain news a few days earlier was a matter of vital importance to those engaged in trade, and when the Postmaster-General said the other night after all, so far as England was concerned, the vessels might as well be running from Queenstown, inasmuch as the Queens town vessels went to New York as soon as the Galway ves sels, the noble lord appeared quite to have forgotten the importance of those telegraphic messages from St. Jo hn ' s, that brought news four or five days later than the direct ocean communication. (Hear, hear.) Hints had been thrown out that there should be a line of ships touching Ireland, and that Ireland might be satisfied with that, or that there should be another contract submitted for compe tition. But he confessed, considering the hardships which this company had suffered, and considering also the dange that the new contract would be accepted by persons whose only object would be to do away with this communication between Ireland and America, he hoped the House of Com mons would take a just view of the question, and would extend its indulgence to this particular company. (Hear, hear.) Again, he thought that Galway had peculiar claims to this favourable view of the case. Galway, as everybody knew, was not very rich, but very large and liberal subscriptions bad been entered into, and the Galway town commissioners had assessed themselves to the amount of 4d. in the pound to provide better accommodation for the port by supplying a suitable landing-place, and the county had resolved, not only by the resolutions of two grand juries, but also by the Presentment Sessions, upon a tax of id. in the pound, to improve the harbour and provide for this communication. It was always being thrown out that Ireland was never ready to help herself, and he wanted to show to the house how ready the people of Galway had been in this case to put their hands in their pockets—not very deep, it was true ; but they had done their best, and he thought that some consideration ought to be shown to them on that ac count. (Hear, hear.) While upon this point, let him refer to a circumstance which had occurred, showing the differ ence with which one company was sometimes treated from another. He referred to the course that was taken by the last Treasury towards Ireland and towards Scotland. Last year the harbour commissioners of Galway asked permission of the Treasury to expend £1,200 of their harbour dues in laying down moorings, but permission was refused, although the effect of granting it would only have been to postpone for six months the last instalment of the debt. Simultane ously with that refusal, on July 23, 1860, an act was passed to provide for the settlement and discharge of debts due by the commissioners of the harbour and docks of Leith. Their debt amounted in the year 1838 to no less than £528,374, and Heaven only knew what it amounted to in July, 1860 ; but this immense debt contracted by the city of Edinburgh was compromised by the Treasury on the payment of £50,000. That was the treatment experienced on the one side of St. George's Channel and upon the other. (Cheers.) This was a very vast question, and he was afraid,the people of Ireland would not look upon the decision in this case in the light that it was intended ; he was afraid that the course which had been pursued would add another to the many re sentments that were cherished in that country against Eng land—(cheers)--that it would be considered in that country that that course had been adopted from a grudging envious spirit towards any undertaking that was calculated to bring Ireland into rivalry with Scotch or English enterprise. (Cheers.) This might be all very erroneous and very unrea soning, and he was perfectly ready to acknowledge that it was so, but those who undertook the management and go vernment of a country must make allowance for public sen timents. The House of Commons—which set up to be a shining light to the whole world, and which was supposed to support every measure it passed upon the solid basis of argument and reason alone—had last year to defer to what was called unreasoning and erroneous sentiment. The most important provision was struck out of the Census Bill solely in deference to what the Homo Secretary called an unreason ing sentiment. Though the sentiments he had described were unreasoning and erroneous, it must still be remembered that they were the sentiments of a large section of the people of Ireland. He remembered an Under Secretary for Ireland —Mr. Drummond—the man who made use of the cele brated expression that "property had its duties as well as its rights," said that, "How to do it was a matter in the goverr ment of Ireland quite of as great importance, in his mind, as what to do." Now, he wished the Government would take that opinion into their consideration; and they might rely upon it that they would be no losers if the con tentment of the people were a gain and a success. He was perfectly aware that her Majesty's Ministers had great dif ficulties to contend with—and they had the greatest of all difficulties to contend with, which was the difficulty arising from the ignorance of "how to do it." (Hear.) Her Ma ' jesty's Ministers were in the position that they had not one single Irish member connected with the Cabinet from whom they could obtain the slightest reliable information as to the temper and opinion of the people of Ireland. (Cheers.) They did not even attempt to consult any of those out of office who would be willing to enlighten them upon the sub ject. (Hear.) As paradoxes were at a premium in the Cali net, perhaps they acted upon the hypothesis that the opinions of nersons who were well informed upon a subject might be so engrained by prejudice that it would be better not to go to them for their opinion. But w hether this was their theory or not it was unquestionably their practice, and they would have every opportunity of carrying out that principle w, th the most perfect and most uninterrupted success ; because ho conceived that when the Irish supporters of her Majesty's Government went back to their constituents their fidelity to their party would not be, as heretofore, a matter for glorification, but a matter fo r excuse , (Cheers.) He knew perfectly well it would be thrown in their teeth that his argument want to this, that Ireland was to be governed by grants, subsidies, and contracts. (Ironical cheers.) That was not the meaning he wished to convey. The ques tion at issue was not this miserable dole of £7B,ooo—the question was whether, while English enterprise was to meet with favour, Irish enterprise was to be treated with disfavour. (Cheers.) It wee the question of the spirit and animus which had influenced the Government from the be ginning to the end of this unhappy matter—it was the ques tion whether political antipathies were to be indulged in at the expense of Ireland—whether in wounding Ireland they could discredit Lord Derby, and gratify party pique by the destruction of a nation's hopes. (Loud cheers.) When he went back to those who sent him to that house he should be forced to tell them that her Majesty's Government had given another proof that Ireland might contribute, but shot sh o o t should not receive ; that she might sow, but she sho uld fell reap, that she was not worthy of the crumbs that f rom and the stated he had placed the motion upon the paper, s this—that the rich man's table. (Cheers.) For the reasonsfe way in which he wished it to be acted upon should be the question might be satisfac instead of having a large committee,he had chosen for their leftah ability o t y theand impartiality,arbitration one member to conduct ' tory to place upon the commit and one member to defend the case on the part of Ireland, he could s od no w t that in insisting the Government, but shouldall he b e judged not merely u ta upon the that this question of•• the contract, he should letter but in the op int eadiness in the impartial acquiesce with the most perfect readiness anfivd.efee4g:rhuttipesmietn partial decision of five English geutlere • I rise t reply to some observations which the hon . gentleman . made at the commencement of It was an his speech. irregularity, no doubt, to refer to a fernier debate, but since the hon. gentleman chosen to commit the irregularity, I must be permitted to follow him. The hon. gentleman has made a charge against me of want Lord I. RUSSELL --I of frankness in this matter, and I am bound to state to the house what occurred. Th ere had been on the morn i ng o f a veryimportant debate an imputation mentioned in a news • paper of the most general circulation (the Times) that there had been a bargain made between the Government and the Irish members, and that in consideration of £36,000, to be paid for the Galway contract, the Irish members were to sap_ port the Government. Now, I consider that as a calumny I stated on the part of the Government that it was a calumny upon the Government. I certainly had aright to do that. (Cheers.) It was obvious that the imputation was made against the Government on the one side and against the Irish members on the other. It was my business as a mem ber of the Government to deny the imputation as regarded the Government. The right hon. member (Mr. Disraeli) spoke rather early in the debate, and referred incidentally to the question of the Galway contract; and therefore it be came my opportunity and my duty to refute tie calumny. It was for the Irish members to refute that part of the ca lumny which referred to themselves. (Oh, oh.) 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