The Sun. — London, England, 1863-07-21 00:00:00

MONEY MARKET AND COMMERCIAL INTELLIGENCE. CITY, TWELVE O'CLOCK. In the General Discount Market there is re Tier more easiness, the ordinary rate for first-:ass thre3 months' bills being 31 per cent., but .here is never theless a good commercial demand. During the last few drys there has been very little animation in the:Foreign and Colonial Produce Markets. Sugar has remained at about previous rates, while coffee has shown a slight downward movement in prices. Operations in tea have been suspended until the public sales which commence to. day. Rice, French spices, and saltpetre have recovered without any material change in values, 'while tallow has been dull at barely previous quo tations for both present and forward delivery. The half-yearly meeting of the City Bank took place to-day—Mr. Peter Bell in the chair. The report, which was unanimously adopted, recom mended the usual dividend of £6 per cent. per annum upon the paid-up capital. and a bonus of £1 per share, both free of income tax, together equal to £lO per cent, for the year. Mr. John Bathgate, agent for the Union Bank of Scotland, in Peebles, has been appointed the Colonial Manager of the Bank of Otago (limited), and Mr. Alexander Grace, for some years one of the Branch Managers of the South Australian Banking Com pany. has been appointed the Secretary in London. Mr. Henry E. Glennie, the Accountant for Dunedin office, has left for Otago to make arrangements for commencing on the arrival of the manager. Two O'CLOCK. At Paris this morning, according to Mr. Reuter's telegram, the French 3 per Cent. Rentes were 67f. 80c. Great uneasiness. At the half-yearly meeting to day of the St. Ka- tharine Docks Company, Mr. J. W. Cater in the chair, the report, which recommended a dividend of lt per cent. free of income tax, was unanimously adopted. The annual meeting of the Australian Agricultu ral Campany has also been held to day, when a divi dend at the rate of ss. per share was recommended. The apprehension felt regarding foreign politics has led to further sales in the English Stock 's'larket, and an additional decline, Consols being 921 1- for money and account, There is very little business in progress, but the tone is exceedingly unfavour able. The New Threes and the Reduced Annuities are 921 1; Exchequer Bills are par to 3s. prem. ; India Stock is 227 ; India 5 per Cents. are 1071 1081; the Debentures, 1001 f; and the Bonds, 1001. A further decided decline has taken place in the Foreign Stock Market to-day. Turkish 6 per Cents., 1862, have receded to 671 ; do. Conso• Tides, to 491 501 ; Mexican, to 361 1 ; Spanish Passive, to 311 321; do. Certificates, to 121 1; Greek, to 331 4 ; do. Coupons, to 15:1 ; Egyptian, to 1031 104 ; Italian, to 701 4 ; do. New Scrip, to 1 prem. ; Peruvian, to 861 87 ; and the Confederate Loan to 4 and 31 dis. . - A heavy tone has prevailed in the Railway Share Market, several of the principal lines having given way about 4 to 1 per cent. Metropolitan, Midland, and South Eastern have receded ss, ; North Wes tern, and Lancashire and Yorkshire, 10s. ; and Caledonian, £l. The Foreign and Colonial undertakings remain heavy, at about previous quotations. Bank Stock and Miscellaneous shares generally are a shade flatter. London and Westminster have declined to 761; Imperial Ottoman Bank, to 181 ; Rio de Janeiro Improvement, to 261 ; International Financial Shares are quoted 4} to 41 prem.; Gene ral Credit, to 1 prem.; London Financial, to pram.; Egyptian Trading Company, 1 to 1 prem. ; and Hudson's Bay, 1 to 4 die. .TISII FUNDS ONE O'CLOCK. Bank Stock .......................... 3 per Cent. Reduced Annuities ........ 9 21 3per Cent. C onso l s Annuities . .... . . . . . 925 5 New 3 per Cent. Annuities ............ 925 1 Annuities, 30 yrs, expire Fith Jan., 1880.. Ditto for 30 yrs expire sth April, 1885. India 5t0ck..'.................... 227 Ditto 5 per Cent Cent....... 108 / Ditto Debentures, 4 per Ct., Oct., 1863 Ditto ditto April, 1864 1005 Dim) Bonds £l,OOO ................. -- Ditto under £l,OOO .... . ........... 15 pm Consols for Account, Aug. . 6 ........... 921 5 Mama J une Exchequer Bills, £l,OOO 21 per Cent.. Di Ditt o £5OO par .............. 3pm tto Small ...................... FOREIGN FUNDS —ONE O'CLOCK. Brazilian 5 per Cent ........ Ditto 45 pe r C ent,, 1852-58-60 ...... 925 Chilian 6 per C ent Danish 4 p er Cent., 1863 10354 Ditto, Second Issue .. .. ............ Greek 5 p er Cent., 1 824-5, ex-Coupons lO DDitto Account, itto Coupons Italian 5 per Cent, (Maremmana iailway) 79 Mexican 3 per Cent New Ditto Account Granada Ditto 2 per Cent. .............. Ditto Deferred ...................... 91 PDitto Land Warrants (Hectares) ...... aru.vian 45 per Cent. .......... ..... Ditto 1862 .......... Ditto-- Account, ................... 865 7 Portuguese 3 per Cent., 1853 . ......... Ditto 3 per Cent., 1866, '7, '9, '6O, 62.. 475 Russian 5 per Cent., 1822, St ........ Ditto 3 per Cent., 1859 .............. Ditto 5 per Cent, 1862 .............. 93 Sardinian 5 per Cent ........... ..... Ditto Account ................. Spanish 3 per Cen t ..... 891 Ditto .................. Account ................. 54 Ditto New Deferred .............. Ditto Pa ss i ve Ditto Account . 5 5 1 Spanish Ce r t, of Coup not funded — 325 11 D itto Account 1 Turkish 6 p er C ent. 1854 125 Ditto Account Ditto 6 per C ent. 1858 935 Ditto Account 70 Ditto 6 per C ent , 1862 5 Ditto Account 875 Venezuel a , 3 per Cent s Ditto Account.... Ditto 6 per Cent., 1862 Dividends on the above payable in London. Dutch 2 per Cent., Ex. 12 Guil ........ Ditto 4 per Cent. Certificates Italian, 5 per Cent., 1861, Ex. 25 francs.. Ditto Account Ditto Scrip, 1863, £.21 4s, 6d. paid... • Pm TWO O'CLOCK. onsols, Money ...................... 925 5 , Ditto August Account ...... Liverpool Cotton Market. JULY 2 1.—The market continues very firm, and the sales will probably foot up to 6,000 bales or more. THE ACCIDENT TO SIR CRESSWELL - CRESSWELL. •"--We learn from inquiries yesterday at the man sion of Sir Cresswell Cresswell Judge Ordinary of the Probate, Divorce, and Matrim onial Causes Court, 2, Prine -es-gate, Knightsbridge, that although his lordship is going on very favourably, the accident is of a more serious char act er pan of th e kn e e r than w as cap being at first anticipated, the severed and broken, and that, consequent: able to Yaltesorae time must elapse before he Geaoergye,:lifteors th e. acenidclelitto and d is hisjudicinl duties. Imme di l be being taken to St. mh.edical officerPlhtael,viand receiving every attention from the u has been con °P " co nveyed to his own residence, where Mr. Charle s E sf.aTly attended by the eminent surgeons, accident to th e l e arned :' s42lB and tT .. Lake. The unfortunate the :sat:Linder of the hearing of OA R W and Causes ur standing for hearing lion, as the. 3 learned ob , tain t f t o h r the long vaca any of tl . ,e judges, vg j io l e cannot rye: cir cuit, and the Ch e ief Regis- ' of 1 tray Of. the Court can onl y has no power of hearing ec,,Z°643; of °rdi nar, matters, eg a i nc; ROYAL ACADEMY op Ni tr il s t i ° e 'la CaUsea. The annual dinner .reen:sora of this institu of the old students and the professors the Academy last lion took place in the Concert Wednesday— Ar. Lucas, the Principai!• Highnesses' from Gen. proposal of the health of the Prince and nittih: chair, The gave occasion for the Principal to read a 1 -cc " o f Wales Knollys, announcing their Royal estima tion of the important services the Academy huwarrnle ndered to music, and their cons.tquent pleasure in becoming the institution. In giving the toast of " Prosperity the ' e Royal Academy of Music," the chairman stated L ° t the Lords Com m i ss ioners of the Treasury had written to the Effect that the memorial, signed by 100 of the most distin guished musticians in England, soliciting aid for the Aca demy was under favourable consideration. The other toasts of the evening were eloquently responded to by Messrs. Cipriani Porter, Lucas, G G. A. Macferren, NV F. Rose, W. Harrison, Walter Lacy, Goodban, &him, Lunn, Oliphant, 4 ddisen, and Walter 11,1 fso men, -;hare. ~~.- ... a 4. bar 100 dtk I 20 SHARE MARKETS---This day. ORDINARY SHARES AND 5r1,001,.5. i p aid., Closing Busine ,, Price. done. B 8i 8} 8 85 87 121 .122 86 121 201 6 6i 40 41 15 16 95 96 110 112 53 64 50 52 24i 25i 128 129 129 130 115 140 101 iO3 '661 671 1 7 18 7 71280. 44 46 1 1021 1021 106 107 441 15i 121 121 1281 29, 1 ,- 14 lip 97 99 54i 6 26 28 103 1031 59 60 90 90 118 120 1} 11 p' 16 161 111 12i 122 124 46 17 99 101 50 52 31 33 92 kni 70 72 100 102 71 81 38 39 10 11 u 8 8 163 16 8 p Ot 3 Si p 79 81 158 ifo 1131 g 13 78 102 i 2 1061 6 12g 124 103} f 27 29 46 47 39 41 104 106 ISSESSIONS. Price. 62 64 107 ICB 1 11, p 1 p 6. 61 7 81 1064 1074 11,84 1094 1084 1094 107 108 1 4 14p 14 lip 20 21 72 74 55 58 65 67 50 63 44 46 35 37 26 30 22 24 1074 1044 1 14) 1 14 1064 1074 114 114 94 9 , 97 100 90 (2 1065 1074 101 102 v 7 99 53 55 3 5 84 86 108 109 1061 107 i if) 1064 1074 1021 1031 Railw;- Mr., Wol., and Str. Val. Blythe and Tyne. Bost., Sleaf.,and Mid.k.lo Bristol and Exeter ' Caledonian Cork and Bandon Cornwall Do A Do. BI A tz - ets no dig ii 11 Op e.p an. li as been paid to B. Dublin & Belfast June. Dun.,Perth,&Ab. Juno. ;Edinburgh & Glasgow.; Glasg. and S. Western.; IG reatEastern, Ord. stk Ditto A stock Ditto East Anglian s t GreatNorthot Scotland Great N orthern .. • • Do A stock Do E 3 do Gt. S. an l W. of Ireland Great Western Do Str Val gua. stock Lancashl...e & Yorkshire Loudon and 13lackwali Lon., Bright.ot S. Coast Lon., Chat., and Dover Lou. lk North Western Lon. Rr. So , .th Western Man., Shef., & Lincoln. Maryport and Carlisle. Dot 5hare5.......... Metropolitan Midland Do New Do arming. & Derby Mid. Gt. W. of Ireland Do. i shares Mid Kent Do Cray Line North British Edin., Perth, & Dundee' Nth. Eastern—Berwici, Do, G.N.E. purchase Do Lea's Do York Do Carlisle North London Do New North Staffordshire IN. and S. W. Junction Scottish Central Scot N. E., Aber. stock, Do Scot. Mid. stock 1 Shrews. and Welchpool Shropshire Union South Devon South Eastern South Wales S. York. and River Dun Staines,Wok.,andWok Stockton & Darlington Do Do New, 1866 Taff Vale.. ..... Do B Do C Ulster Do Do Vale of Neath Victoria sta. and Pim Waterford t Kilkenny West Cornwall V 4. Hartlepool Har. &R. West Midland -Oxford Do Newport Do Hereford BRITISH P aailvvays atlantic tt St Lawrena Born.,BarodaA.Ceutlne: Qu.. 5 per cent... Do. New . Do. E. Shares... Buffalo and Laae Huron Do. Preieronee liuflalo,Brant,&Godrich p. et. bds. Aug. 1, 1872 Do. do. July 1, 1871 Do. do. June 1, Clout ta.Ar S. 14: asin. (1,. ) Cape Town & Dock Bastn. Bengal gu. b p. 11%;ast Indian. gn, 5 p. c. Do. do. (i Ext.... Do. do. H do. .. Grand Trunk of Canada Do. Ist Prot. Bonds.. Do. ao. deferred...... Do. 2d Pref. Bonds.. Do. do deferred...... Do. 3d P ef. stock Do. do. deferred- Do. 4th Pref. sto k... 1 Do. do. deferred...... Gt.lndiarefuo.gua.sp.o. Do. New gua. - 5 p. ti... Do. January, 1862 .. Gt. South.of India (Lim) guaranteed 5 per cent. Gt. W. of Canada Shares Do. New .. Do. 6 p.c. '73 with't opt. Do. 54 p. o. do. '77-8.. Indian Branch Limited Madras guar., 5 p. c. Do. 41 p. c. Extension Dc. 4A d 0........ Do. Fifth Extension. Melb.Corp. a p. o. Bnd, Melb. & Hobson's Bay.' Do. 7 p. a Mortg. Bds Newßrunsvnok t Cands Class A and B N.Rl.C'da6 po Ist pt bdsl i Soinde Do. Delhi -, Do. do •• • V. 5 I Do. Punjaub c;_, Do. Do. , Do. Indus. St. Flo.) - st st to L 9.16.4 stock Mock stock 4tock stook stock hock stock Mock 'look !OLOINTIAL GOVER. .11.(3r0V. p.c.J a SLJ • 1877-S1 .... - , Do. Bp. c. At 4:, - ; Do. 6p. c. Mar. dr Sept - Do. p. C. Jan.&July. - Do. 5 Inscribed stock - Cape G.Hope, 6p - Do.Ap & Oct. 1880, - Do. 189( - 'Do. Jan. & July, 1891.. Ceylon, Nov.lBB, 6 p Mauritius 6 per cent .. Natal Gov. 6 per cent.. IN.B.Gov. p.c. Ja.Bo ul - -. 1;;;;. 6 p. - c.Ap. & - 5p 1,18., Do. 5 p. c.,lBei to I.it - Do. d0.,1888 &upwdt, - ,New Zealand 6 p cent. - iNova Scotia Gov. 6p. c. - sterling, 1875 - Queensland Gcv. 6p. - .Aus G6p.c.1878.& up - Vic. Gov. 6 p.c. Ja.&July - Da to p.O. &00t.. BRITISH MINES. 2 (Cambrian Consol. Gold , 1 5 5d Ichtlord Amalgamated 26 28 Devon G. Con.. (Tavist 1 540 i6O East Bassett (Illogan) 30 76 78 1 East Clogau Gold Ltd 53. 5d par East Cztradon ..... 28! 29} 29 East Carn Brea... 3.4.0 71 Pi - - E. WI Russel (Tavistlz.) 8.1.6 2! St 3 Gs.m..tSt.Aubyn(Gwen.), 574 8 it Great South Tolgus 17s 41 4/ G. Wheal Vor alelston; 40 6! 7t Grenville c.l6. 6 65 Herod's-Foot 4.12 41 13 tlingston Downs 4.17.0 11 2} Lady Bertha • 2.0.6 Margaret (Uny Lelant :lit 35 37 Marke Valley.. 4 Myndy Iron Ore (Lim ) 25 It d New Setun l9l 110 120 North Downs 24 2 25 N.Wh'l Basset (111o4au 2.17.0 3 34 'North Wheal Crotty 2.4.9 4 ft E'ar Consols (St. Blazey; 14 4 5 20 Providence (Uny Lelnt.) 10.0.7 12 44 South Caradon(St.Cleer, 14 1415 425 S. Cam Brea (Illogan) 3.154 24 24 t'.Wheal Fran. (Mogan) 18.1 , .9 75 80 Stray .k P ar k t ramar Silv. Lead Min. 45 1 '2in Croit 1 214 225 West Basset (Illogan) l5 12 13 W C. radon (Liskeard) 5 23 25 West Seton Wheal Basset (Illogan) 55 675 725 Wheal Buller (ltedruth) 5 50 60 Wheal Kitty (U.Lelant) 2.0.6 WhealLudiott Wheal Mary Ann (Men ) 8 11 13 Wheal Seton . 585 215 225 219 Wheal Tretawney (Lis.), 7 15 17 Wheal Union 3.17 35 4 PREFERENCE SHARES. North Eastern, York, H. and Selby purchase, 10 LINES LEASED Al' FIXED RENTALS. Buckinghamshire, 9S 77 Chester and Holyhead, 581 FOREIGN RAILWAYS. Antwerp and Rotterdam, sk Dutch Rhenish, 171 Northern of France, 281 FOREIGN MINES. Mont. Aureoa Graz. Gold Min. Co. (lim.), 21 Port Philip, la United Mexican (lim.), 7 Yudanamutana of S. Australia (11m.), 3f JOINT-STOCK RANKS. Alliance Bank of London and Liverpool (Bin.), 37„61 Australasia, 764 7} Ditto, new, 31t Bank of Egypt, 28 Chartered Bank of India, Australia, and China, 30 English, Scot ch, and Australian Chartered, 23i 4 Imperial Bank (lim.), 22 Imperial Ottoman, 18f 1 1 1 London, Buenos Ayres, and River Plate, 34 London Chartered Bank of Australia, 28 London and Colonial (Rm.), 3 1 London and Westminster, 76} 6 National Provincial of England, Ditto, new, 36 Union of Australia, 63 MISCELLANEOUS. Ceylon Company, 51 Crystal Palace, 881 1 E. glish and Australian Copper, li Gen. Cr( dit and Finance of London, lim., 3 International Financial Society, lien., 91 1 Joint-stock Discount, 61 6 sladras Irrigation and Canal, 31- Peninsula and 0, iental Steam, Ditto, new, 471 7 Rio de Janeiro City Improvements, lim,, 261 Ditto (Z 4), 41 Royal Mail Steam, 661 1 A destructive fire occurred three days since at Savy- Berlette (Pas-de-Calais), and spread with such rapidity that in less than ten minutes fourteen houses were in a blaze. M. Caudron, the mayor of the town, had a narrow escape ; for, having entered one of the houses in the hope of saving part of the furniture, his retreat was cut off by the flames, and he was obliged to take refuge in the cellar, whence he was with difficulty rescued from sully cation by the firemen. The houses were not insured. M. Ponsard, of the French Academy, was married on Saturday to Madlle. Dormoy, at the Church of the Trinity, The witnesses on the occasion were MM. 13isio, Villemain, Cousin, and Jules Sandeau. The large house in the Rue Basse-du-Rempart, facing the Rue de la Pais, which has so long prevented the regularisation of the approach to the new Opera from the boulevard, is to be pulled down inaramediatsly, and the ma terials are advertised for sale, Paid all lin 74 al: all Business don, 1072 i 1071 981 101 i I I all 100 nig; 100 2 all Do L1(0 2j 1071 6f 711 1025 MI NT SECU RI I'lh 105 106 106 108 105 107 .96 97 94 96 108 110 112 114 113 115 112 114 113 115 106 107 110 112 106 107 100 101 101 102 1011 1021 110 112 ,106 107 ;0 112 110 112 107 109 Int 1121 1011 1 2 THE SUN, LONDON, TUESDAY EVENING, JULY 21, 1863. LAW INTELLIGENCE--This Daye COURT OF BANKRUPTCY. IN RE SIR A. J. D. TITCHBORNE. A meeting of creditors was held under this estate for the purpose of considering a proposition to raise a sum of money for the payment of the creditors 20s. in the pound. Mr. Lawrence stated that the debts were about £40,000, and £14,000 could be raised on the bankrupt's interest over the property, &c. The creditors present assented to the pro position, which will no doubt be carried into effect, by ob taining the assent of other creditors to the extent of three fourths of the whole number, and the bankruptcy will be superseded. _ _ (Before Mr. Registrar Roche.) IN RE BOUCTCAULT. A meeting was held for choice of assignees in the case of this bankrupt, the lessee of the Theatre Royal West minster, &c. _ _ _ There was a strong, contest, Mr. Lowrance proposing one Let, and Mr. C. E. Lewis another. Up to one o'clock debts to the extent of about £38,000 had been proved and the case was proceeding. SHERIFF'S COURT. (Before Mr. Kerr.) DODGE V. GREAT WESTERN RAILWAY COMPANY. This was an action to recover £3O 17s. 6d. damages for lelay in the delivery of certain goods entrusted to the de fendants for carriage to Limerick. Mr. Hand, of Coleman-street, for the plaintiff, said his client had for many years past supplied the Waterford and Limerick Railway Company with indiarubber goods. These goods had invariably been sent to Martin Flock, Esq., and had reached their destination. The parcel now in question, however, miscarried, and the company would endeavour to show in consequence of a misdirection. Now the person in authority at the Waterford and Limerick Railway was not Flock, but Atock, and he (Mr. Hand) would show that par cels directed Flock had reached his hands both before and after this one. Mr. Dodge said he was a manufacturer of indiarubber goods, of Dowgate-hill. Recollected the parcel being di rected to Martin Flock, Esq., Limerick Railway Co., via Bristol and Cork. That was the ordinary mods of send ing it. Crass-examined by Mr. Hartell—l do not know what address was on the parcel when it got to Limerick at last. Mr. Atock refused to receive it, as it was so late. Mr. Atock proved that he had received parcels and letters directed to Flock, Block, Cock, Slock, and many other names. They had reached his hands safely. Mr. Hartell then called a gentleman in defendants' ser vice, who said that the goods reached a point of the line when he saw them. The address was M. Flock, Limerick, and they could not find such a person. The address was an ordinary railway label. _ Mr. Hand—And our address was on a card sown on the bale—in addition to which I have a letter from the company showing the parcel to have been last at Bristol. His Honour found that there was no defence to the ac tion, as the only question was one of misdirection. If the direction was altered (and it appeared to be by defendants' servants) defendants were liable. Verdict for plaintiff, with full costs. POLICE INTELLIGENCE—This Day. IMPERIAL PARLIAMEBT HOUSE OF COMMONS.--This Day. The SPEAKER took the chair at a quarter past twelva. PRIVATE BUSINESS. The Lords' amendments to the Kettering and Thrap stone Railway Bill were considered and agreed to. The Aston Estates Bill, the West London Extension Railway Bill, and the Wicklow Copper and Hibernian Mines Companies' Bill were read a third time and passed. The Isle of Wight Railways (Extensions) Bills, the Put ney and Fulham New Bridge and Pier Bill were considered and ordered for third reading. On the order for consideration, with a view to third read ing, of the Newry and Greenore Railway, Pier, and Wet Dock Bill, Mr. HORSFALL moved, as an amendment, that the bill be read a third time this day two months. Mr. ADAIR, as the chairman of the committee to whom the bill was referred, explained that an application was made for toe recommittal of the bill by the committee themselves, and this seemed to be the point on which diffi culty was raised. He hoped the house would allow the bill to proceed to another stage. After some conversation, in which Mr. Massey, Sir H. Cairns, Mr. C. Fortescue, Mr. F. S. Powell, Mr. Morrison, Mr. D. Morris, Mr. S. Fitzgerald, and other gentlemen took part, the amendment was negatived, and the order for third reading was agreed to. CONSOLIDATED FUND APPROPRIATION BILL. Mr. PEEL moved the second reading of this bill. [LEFT SITTING.) SPORTING INTELLIGENCE. TATTERSALL'S-MONDAY. There was a fair attendance this afternoon, a large pro portion of members being induce d t o pay a visit to the rooms in expectation of heating the final decision on the Tomato ease, but, as the sequel will show, acnedmivearsecdainsaied e-uline on the past week's racing was proceededP pointed. on with w a u s h soonevery r a y s s appearanceubs c riber 'O'f—money being " . all there." lawn w e t n t i n ro g e on b e f r u s t g u r r o e n e p v e e d n t t s h e w m a s s elv esdesultory,en d n w d h u i g e e a d l i nover the lative discussions on the interminable Fern Hill Stakes case and its influence upon future turf disputes. At intervals, however, attention was turned to forthcoming events, and some heavy investments were ready on the Nottingham Handicap and Goodwood Stakes. For the latter Anfield was made a warm favourite, and after opening at 8 to 1, at which he was supported for all the money that could be got on, layers pulled up half a point, but even at 5 to 2 the backers of Mr. Greville's horse were so " fond" that they continued to invest at the latter price. Later on, however, a well-known bookmaker laid £llO to £4O, and an offer to repeat the operation was quickly re sponded to. 100 to 15 was accepted about Bellman, 10 to 1 was offered " bar two." There was a disposition in cer tain quarters to back linutsford, who, it would appear, is not quite " gone" yet; during the afternoon 20 to 1 was the longest price obtainable. The Cup betting was merely nominal, and speculation on the St Leger or Derby was almost a dead letter. Before the close of the rooms it was announced that " the committee" would meet at four o'clock on Thursday next to give their final ultimatum in the Tomato case. The following is the correspondence which has passed between the committee of Tattersall's and Mr. O'Malley, Q.C., on the Tomato case, which may take rank among the causes eelebres of the British turf : " Assuming that the disputed bets on Tomato were refer red by proper authority to the committee of Tattersall's, either as the established tribunal for the settling of such disputes, or by the consent of the parties interested in the particular case, and also assuming that there is no recog nised custom to justify the course adopted by Admiral Rous, I am of opinion that the committee had no right to delegate to others who were not members of its body the decision of a question which was submitted to itself. " Although it might be open to the committee to call in the counsel of others, and to adopt their views as the ground of its own decision, there does not appear to have been any such adoption in this case ; and the decision seems to have proceeded on the authority of Messrs. Start and Onslow alone ; I am of opinion, therefore, that the decision ought not to be considered binding, and that the committee is bound to decide for itself. " I have, however, assumed the absence of any custom to warrant the course taken by Admiral Rous in calling in the assistance of Messrs. Sturt and Onslow, and that the com mittee did not adopt their views and pronounce an opinion in accordance with it ; but if I be mistaken in these respects —if it be the custom to adopt such a course where the mem bers of the committee are themselves interested, and the committee acted in conformity with that custom, and adopted the decision as its own—l should say that in a case like this, where the obligation is honorary, and the object is to afford a safe guide for men of honour upon a doubtful question, the decision ought to be withheld. (Signed) "P. FRED. O'MALLEY. " July 3, 1863." " From the Committee of Tattersall's Subscription-room to Mr. O'Malley, Q.C. "The committee being unable to gather from Mr, O'Mal ley's opinion whether he thinks the Tomato case ought or ought not to be re-opened, beg he will have the goodness to give a definite answer-- yes or no—to the question whether the original award should stand good," MR. O'MALLEY'S SECOND OPINION. "My answer to the question put to me being required immediately after the papers were laid before me, and the case itself not furnishing all the information I desired as to the custom in such cases, I am obliged to give my answer in the alternative. But from the information supplied to me I am clearly of opinion that the original award of Messrs. Sturt and Onalow should not stand good. (Signed) " P. FRED. O'MALLEY. July 10, 1863." NOTTINGHAM HANDICAP. sto 2 agst Brighton (taken) sto 2 agst Dulcibella (taken and offered) 7to 1 agst any other (offered) GOODWOOD STAKES. sto 2 agst Anfield (taken and offered) 100 to 15 agst Bellman (taken) 10 to 1 agst Blondin (offered) 10 to 1 agst Zapateado (offered) 20 to 1 agst Grimston (offered) 25 to 1 agst Brian Boru (taken and offered) GOODWOOD OLP. 9 to 4 agst Buckstone (taken) 9to 2 agst La Toucques (taken and offered) 7to 1 agst Isoline (taken) 10 to 1 agst Fairwater (offered) 12 to 1 agst Atherstane (taken and offered) Tim Whiffler was struck out at 1.25 p.m. this day. LEGER. 20 to 1 agst King of the Vale (taken and off) till to 1 agst Bonny Dell (taken) THE DERBY, 1864 1,000 to 40 agst Holly Fox (taken) 50 to 1 agst Sorichamp (taken) The Tomato case will be gone into on Thursday next, CITY BETTING—YESTERDAY. NOTTINGHAM HANDICAP. 7to 2 agst Brighton (taken) 4to 1 agst Dulcibella (taken) sto 1 agat Blithfield (taken) 7to 1 agat Bandage (taken) 7to 1 agat Flirtation (taken) GOODWOOD STAKES. 3to 1 agat Artfield (taken) 100 to 15 agat Bellman (taken) 7to 1 agst Blondin (taken) 9to 1 agat Zapateado (taken) 20 to 1 agst Grimston (taken) GOODWOOD CUP. sto 2 agst Buckatone (taken) 9to 2 agst La Toucques (taken) 7 to 1 bar two (offered) BETTING AT MANCHESTER—MONDAY. NOTTINGHAM HANDICAP. 5 to 2 agst Brighton (taken) 7to 2 agst Dulcibella (taken) sto 1 agst Blithfield (offeroO) 6to 1 agst Prince Plausible (offered) GOODWOOD STARES. 3to 1 agst Anfield (taken and offered) 7to 1 agst Bellman (taken and offered) 7to 1 agst Blondin (taken and offered) 9to 1 agst Zapateado (taken and offered) 14 to 1 agst Knutsford (taken) 25 to 1 agst Balham (taken) 33 to 1 agst Wasp gelding (taken) GOODWOOD CUP. 9to 4 agst Buckstone (taken and offered) sto 1 agst La Tocques (wanted) 7to 1 agst Isoline (taken and offered) 9to 1 agst Atherstone (offered) 14 to 1 agst Tim Whittler (offered) ST. LEGED.. 4to lon the field (offered) FATAL ACCIDENT AT WIMBLEDON.- - About o'clock yesterday a fatal accident happened to a man who was engaged in cutting grass on the railway bank id the Wimbledon station, South: Western line. While in the act Of crossing the rails he was struck by a down train, and instantly killed. The unfortunate man was endeavouring to get out of the way of an up train, and did not observe the other approaching. THE ALLEGED CAPTURE OF THE MOSES TAYLOR BY THE ALATIAMA.—From the shipping reports received at Lloyd's yesterday, it appears that the alleged capture of the Moses Taylor steamer by the Alabama is without founda tion, the arrival of that vessel at San Francisco on the 7th June from San Juan del Sur being officially reported. GOVERNMENT EMIGRATION. —The Mary Shep herd, 905 tons, belonging to Mr. Litchfield Green, London, arrived at Adelaind, South Australia, on the 18th April last, with 273 Government emigrants, under the care of Clarence Chapman, Esq., surgeon superintendent, two deaths and four births having taken place on the voyage. The Warren Hastings, 566 tons, belonging to Messrs T. and W. Smith, London, arrived at Brisbane, Queensland, on the 26th April last, with 251 Government emigrants, under the care of Charles Taylor, Esq , surgeon superin tendent; two deaths and three births took place on board. EXECUTION IN POLAND.—A communication f ro m Kielce (Poland), of the 15 th , says:—" A gibbet was this day erected here for the execution of a young man 22 years of age, named Joseph Guzoweki, of Skierniwice. From the commencement of the insurrec• tion, he had constantly fought in the Polish ranks. He w as taken prisoner in Czachowski's las t engagement, and brought to this town with several o f his compa n ions. Bail Acc used by a Russian scldier of having taken anl h as cti c r t, p a a n r d in baL.'siDg Captain Nikiforaw , h e found his trised, though General Czeugiery condemned him to be h the evidence agmthe town in a picion. The prisone:' was paradeid. roan. The calm expres al'ist him amounted to littlde av ore than cart, accompanied accompanied by tho Abbe n go:tilasted strangely with who crowded Mon of Guzowski's co untenan c :,. c Fi e died collected and the sorrowful aspect of the prieklte ofwht-oe i'v r) rsa la w ti fg la a ' te, where the fithr e m s a tr m ee itst in th t e h t e ea vi r o s io of it t y he the , g lo i n hb g e i i i : Ras aTrhtyisrs.f,s, another victim to add to the quaint old proverb, "is the " POLAND, r..... eioreociitseild:oays a paradise, the burgher's (*old • ', pea.... ,,,, _ en. an d e stranger's c mine. the nobleman's heav "lady'" named Frances ,Shaw, whose A young "rs bell, the Jew ; D for the most pa rt wealthy people, connexions are was yes committed for trial, by the Liver p ool m a g istrates, for ter day comm t l en some electr o- p late forks, from the sho p of a having 140 local tradesman. Sir George Grey has recently been suffering from an attack of bronchitis. REFORM OF THE ROYAL ACADEMY. For some months past a Royal Commission has been inquiring into the alleged defects of the Royal Academy. The Commissioners were Earl Stanhope, Lords Hardinge and Elcho, Sir Francis Head, and Messrs. Danby Seymour, William Stirling, end Henry Reeve. And they now advise the Crown so far to alter the constitution of the artistic body as to enlarge the number of members, and to introduce lay members into it. They say the number 40 should be raised to 60 ; ten of the new members being non-professional—that is, non-artistic ; their function being to represent the public at the Council board in Trafalgar-square, and to represent the Academy in Parliament, in the press, and elsewhere. In the second place, they recommend that the number of Associates of the Royal Academy should be raised from 20 to 50. They propose to give to these 50 Associates a share in the general govern ment of the Academy • a change about which we should think there can be no serious dispute. They would have the President really elected by the whole body of artists, not nominated by the Crown, as at present, under a pretence of election by the 40. Following the pattern of Belgium and other coun tries, they suggest that there should be an Asso ciate class in connection with the Academy, to in. elude distinguished painters and sculptors of foreign nations. They would also provide a class into which designers, carvers, seal-engravers, and other art workmen might be brought. _ The Commlestoners propose to increase the Presi. dent's salary by a large sum—to make him a sort of artistic Lord Mayor. THE CARGO OF THE PETERHOFF.—The special commissioners appointed by the United States District Court to examine and make a true and perfect in ventory of the cargo of the steamer Peterhoff, report that a very large portion of the said cargo will be found, on an examination of the inventory, to be particularly adapted to army uses ; that large numbers of cases contain "Blucher boots," which are known as army shoes ; a number of cases contain cavalry boots, and are so labelled ; that one hun dred and ninety-two bales of the cargo consist of gray blankets adapted to the use of the army, and are believed to be such as are used in the United States army ; ninety five casks contain horse shoes of a large size ; thirty-six cases of a large size contain artillery harness in sets for four horses, with two riding saddles attached to each set; there were also on board two hydraulic presses adapted to cotton; that a considerable portion of said cargo consists of drugs directed " Burchard and Co., Successors, Matamoras, Mexico, in which an assorted lot of drugs—quinine, calomel, morphne, and chloroform—form an important portion. CURIOUS EXAMPLE OF THE VORACITY OF A PIKE.—One of the most remarkable of these occurred during the last few years to Mr. L—, of Chippenham, Wiltshire. This gentleman had set a trimmer in the River Avon over night, and on proceeding the next morning to take it up, he found a heavy pike apparently fast upon his hooks. In order to extract these he was obliged to open the fish, and in doing so perceived another pike of consider able size inside the first, from the mouth of which the line proceeded. This fish it was also found necessary to open, when, extraordinary to state, a third pike, of about fib. weight, and already partly digested, was discovered is the stomach of the second. This last fish was, of course, the original taker of the bait, having been subsequently pouched by a later comer, to be, in its turn, also afterwards seized and gorged .—Cholmondeley Pennell' s "Aokr- Naturalist." DESTRUCTIVE FlRE.—Late on Sunday night a very serious fire broke out on the premises of a Mr. Phillips, who carries on the business of a marine store dealer in South-street, Bishop Stortford. Four houses and a range of workshops were destroyed, involving a loss estimated at £3,000. A man named Marshall was b adl y injured. The cause of the fire is not known. Viscount Palmerston has thrown off all traces of the gout, says the Court Journal. The noble viscount with the viscountess went to Brocket last Saturday and remained till Monday ; and, short as the change was, it did wonders towards restoring the Premier to his usual state of health. The new Federal Commander-in-Chief, General Meade, is said to be a native of Maidstone. THE SESSION AND THE PARLIAMENT. —It is said that the session will close on the 28th inst., remarks the Law Times. It will be at once the shortest and most unproductive of any that has been held since the Reform Act. There are whispers about that it is to be the last of the present Parliament, and this is by no means improbable. An excuse would have been gladly seized for a dissolution ere now, but the Opposition has cleverly refused to provide one, while the state of her Majesty's health forbade a merely experimental appeal to the country. But the soli citors should make ready for the fight, w hich may come at any time ; the present registration will demand their special attention, for it is certain to provide the constituencies for the next general election. THE CHANNEL FLEET.—The Channel fleet, under the command of Rear-Admiral Dacres, left Great Yarmouth Roads on Sunday evening for the north. It had been expected that the squadron would remainin the Roads until yesterday, but the weather having moderated on Sun day it was considered advisable to proceed with the cruise at once, and some one of the northern ports will hP.ve the privilege of a visit from the squadron three or four days this week. The squadron comprises the Edgar, 71 guns, Rear-Admiral D acres, Captain Hornby, 800 men, 600 horse. power ; the Emerald, 35, Captain Cumming, 610 men, 600 horse-power ; the Liverpool, 39, Captain Lambert, 540 men, 600 horse-power ; the W arrior, 40, Captain the Honourable A. Cochrane, 710 men, 1,200 horse-power; the Black Prince, 40, Captain Wainwright, 726 men, 1,200 horse power ; the itesiutAnne, Iti, Captain chamberlain, 482 600-horse power; the Defence, 16, Captain Phillimore, 468 men, 600-horse power; the Royal Oak, 35, Captain Camp bell, 547 men, 800-horse power ; and a steam tender with 20 met, snaking a total of upwards of 4,800 men. It is scarcely necessary to recall the fact that the Warrior, the Black Prince, the Resistance, the Defence, and the Royal Oak are iron- clads ; the cruise from the Downs to Yarmouth was almost the first voyage made by the Royal Oak, and it is stated that she has realised the expectations formed respecting her, both as regards sea-going qualities and speed. The iron -clads have, of course, been objects of lively interest to residents in the eastern counties. The Great Eastern Railway Company has reaped quite a harvest in conveying excursionists to the fleet from Nor wich, Lowestoft, Ipswich, and various other points of its reseau ; and up to yesterday trains were constantly con veying large numbers of excursionists to Yarmouth. The mayor and local authorities of Yarmouth made strenuous exertions to secure the presence of the squadron in the road stead a few days longer, and a letter was even addressed to the Admiralty on the subject, but with no avail, Rear- Admiral Dacres and the officers of the fleet were much gra tified with the cordial reception which they experienced in Yarmouth, and many of the latter availed themselves of the opportunity of visiting Norwicb and other neighbouring inland towns. The fair of Saint-Benoit (Sure), just held, was marked by considerable animation in business. Young horses from Picardy and La Perche were sold, the former at from 800 fr. to 900 fr., and the latter at from 400 fr. to 300 fr. Little business wa s done in shee p and cows, but ,560 fleeces were sold at from 2fr, 100. to 2fr. 60c. the kilo. The Charivari publishes a woodcut in which a French soldier is represented in front of the city of Mexico, ruminating deeply. Behind a tree appears a Rus sian with his long lance, who exclaims :—" He seems quite undecided what he should do at present. will not turn round to my part of the world l" A letter from Perpignan . states that several places in the neighbourhood of Prades (Pyrenees-Orien tales) have been twice visited by violent hailstorms witbin the last few days. The damage done to the standing crops in the communes of Bolquire, Odeillo, and Eyne is esti mated at 50,000 fr. Several other places also suffered, but in a less degree. WESTMINSTER, WHOLESALE UTTERING COUNTERFEIT COIN AT TAVERN.—George Andrews and Charles Donovan, two rough-looking fellows, were placed at the bar, charged with the wholesale uttering of counterfeit coin. Mr. Charles Bonsey, proprietor of the Lord High Ad miral Tavern, Vauxhall bridge-road, said that after dinner yesterday afternoon he went into the bar to take the place of the barmaid, when he found the two prisoners in front of the counter. They requested to be served; but as he did not like their appearance and manner, and moreover thought they had had enough to drink, he refused to serve them, when they asked for a cigar, which he gave them, and in payment Donovan gave him a counterfeit half-crown. He immediately detected it, but the prisoners stoutly declared that it was good, and Donovan, alleging that they were coal-porters, said that he had had the half-crown given him that morning by his master. While prose cutor was having an altercation with the pri soners, his barmaid, overhearing it, said to Mrs. Bonsey, " I have changed four or five half crowns for those men while you have been at dinner." Mrs. Bonsey immediately told prosecutor, who, looking in the till, found four bad half-crowns. The police were then sent for, and the prisoners taken into custody. Prisonem, on being asked whether they wished to ask anything of the prosecutor, contented themselves by de claring that they did not say they were coal-porters and had had the half-crowns spoken of in payment. The barmaid proved that while her master and mistress were at dinner the prisoners came in and called for beer, and by various artifices succeeded in uttering the four half crowns produced and obtaining change. Further evidence was about to be produced, when Mr. Arnold said there was no necessity, and remanded Oa. prisoners till Monday for the attendance of the solicitor to the Treasury. THAMES. CONVICTION OF A RUITIAN.—Thomas Harney, a pugilist and touter to crimps and outfitters, was brought before Mr. Woolrych, charged with assaulting Angel Harris. Mr. T. Beard, solicitor, stated that the defendant had been repeatedly convicted and fined for assaults, and had also been imprisoned. He believed the prisoner did not care for fines, unless they were very heavy, or for imprison ments, unless they were lengthened. The prisoner met his client last Thursday three weeks and struck him a vio lent blow on the eye and knocked him down. The com plainant's eye was blackened, and he felt the effects of the blow for some time. Since the outrage was com mitted, Harney provoked another man, who beat him severely with a poker. Harney was taken to the hospital, and some days afterwards the man who assaulted him was fined 40s. by Mr. Partridge. He (Mr. Beard) could give a long history of the ruffianly propensities of the man Harney who ought to be restrained. Some time ago, when Harney, was before the cc:lmq, he boasted that he was employed to knock down sailors and rob them, and that the man who charged him with the assault did the same. Mr. Beard then called Angel Harris, who said he had a black eye for nearly a fortnight after Harney struck him, and that he used very bad language and threats. The prisoner, in defence : said that Harris asked him to give him a lesson in sparring, and he did ao. Mr. Woolrych recalled Harris, who denied that he asked Harney to give him a lesson in sparring, Mr. Woolrych said that Harvey was a quarrelsome foul mouthed bully, and he had no doubt committed the assault complained of. He fined the prisoner 255. and costs. MARKETS--This Day. HAY MARKETS. SMITHFIELD. Old Meadow hay, £3 10s to £4 10s; new do., £3 to £4 ; old clover, £4 10s to £6 Os ; new do , £3 10s to £5 Os; and straw, £1 8s to £1 16s per load, Trade slow. - CIMBERLAND..—OId Mea4ow hay, £3 108 to £4 105 ; new do., £3 Os to £4 Os; old cloves, £4los to £6 Os ; new do., £3 lOs to £5 Os; and straw, £1 8s to £1 16s per load. Supply moderate. WRITECIIAPEL —Old Meadow hay, £3 10s to £4 108 , new do , £3 Os to £4 Os; old clover, £4 lOs to £6 Os; new do , £3los to £5 Os; and straw, £1 8s to £1 l6s per load. A slow demand. COLONIAL. TEA—There has been a very limited inquiry, dealers and speculators having deferred their operations until the public sales, which commence to-day. St] GAR—Only limited i ransactions have taken place in West India at about previous prices, other descriptions con tinued without material change in values. In the refined market there is a better inquiry, and late rates are fully supported. COFFEE —The inquiries for colonial descriptions have not been very extensive, and in some instances prices have shown a slight downward movement. RlCE—Sales have progressed slowly in all descriptions , and there is no change to record in quotations. SALTPETRE—The business done has been limited, but good and superior qualities have slightly advanced in price. TALLOW—The market has been dull, holders having in some measure pressed sales. P.Y.C. on the spot is quoted 425, and last three months' delivery 45s per cwt. SHIPPING—This Day. LONDON, July 21.—Wind this day at noon—East; moderate breeze, and cloudy weather, with rain. PILL, July M.—Wind S.W.—Sailed—Experience, for Quebec. CABDIFF, July 20.—Wind S.W.—Arrived—Ross D. Mangles, screw steamer, from Gibraltar. Sailed—Wolf, for Halifax. FLEETWOOD, July 20.—Wind S.W.—Arrived—Charles Chaloner, from Quebec. PORTSMOUTH, July 19 .—Arrived—Nowcastle, from London for Calcutta. CLYDE, July 20.—Wind W.—Arrived—Three Bells, from Montreal ; Ailsa, from Quebec, Sailed—United Kingdom, screw steamer, for Quebec and Montreal ; Jane Spiers, for Trinidad. BY ELECTRIC TELEGRAPH. SOUTHAMPTON, Tuesday Morning. Arrived—America, steamer, f rom Bremen; Poonab, steamer, from Alexandria; Hav re , s t eamer, from Havre Felicity, from Treguier. Sailed—Le Mesange, for Carentan. BY MAGNETIC TELEGRAPH. GRAVESEND, Tuesday Morning. Arrived, July 20—Middleton and Radical, from Guern sey; Neptune, from Belize. Arrived, July 21—Jane, from Tobago; England' s R ose, from Berbice ; Aliwal and Concordia, from Guernsey, DEAL, Tuesday Morning. Passed—Prince Oscar, from Quebec ; Hart, from Cos senje ; Spartan, from Prince Edward's Island—all for London; S;. Elmo, screw steamer, for Swansea; John Fenwick, screw steamer, for Cardiff—both from London; Isabella, from Shields, for Gefle. The Academy of the Beaux-Arts on Saturday elected, as corresponding member, M. de Gilles, director of the Museum of the Hermitage at St. Petersburg,. an d AL rolitti, director of the Museum of Gtirgenti, THE C :RICA. (From the Times' Correspondent.) NEW YORK, July 7. The three days of Gettysburg have saved Wash ington, Baltimore, and Philadelphia. Gen. Meade, brave, modest, and master of his business and re sources, has done what Gen. M'Clellan did twice before. He has rescued the Federal capital from the disgrace of hostile occupation, and cleared the soil of the North from the presence of the invader. The great result has been purchased by the lives of 30,000 men, of whom as many died on the one side as on the other. Beyond this, and considered as bringing the war nearer to its termination, the awful carnage of those bloody battlefields has been utterly in vain. North and South have so many c itizens the less ; the North has won prestige, and the South has lost it; and both have learnt the lesson that, in this particular quarrel, he is strongest who stands on his own soil upon the defensive. No other result is apparent. At this moment no one knows the exact position of Gen. Lee, who has seen repulsed with as great bravery as he attacked, de feated in his immediate objeot and compelled to retreat, but who is still at the head of a numerous army, master of the mountain passes through which no enemy can follow him, and ready to dis pute the advance of the foe upon Southern territory with as much acctobstinay as that with which he him self was confronted he then obscure, but now for ever memorable little town of Gettysburg. The Federal Government and people are naturally much elated at a success on which a few days ago it seemed over•sanguine to calculate, and, with, cha racteristic elasticity of spirit, as jubilant Its if the war were over, and nothing more was to be done but to grant a general amnesty and shake hands all round over the restoration of the Union. And as, according to the proverb, "it never rains but it pours,'' the North, well con tented with one victory, has been rewarded by a second. Vicksburg there is no reason to disbelieve has actually fallen. A short Caesarean despatch from Admiral Porter to the Secretary of the Navy announced that it surrendered to the United States' forces on the 4th of July. Another non-official despatch, via Cairo, confirmed the statement, adding that General Pemberton, on the morning of the na tional anniversary, offered to surrender if allowed to march out with the honours of war; that Gene ral Grant would listen to no terms ; and that, after consultation with his officers, General Pemberton surrendered unconditionally. The friends of the South in this city do not know upon whom to vent their wrath at this unlooked-for catastrophe. Some blame the inaction of General Joseph Johnstone, who, they affirm, was in a position, with ordinary energy and enterprise, to have raised the siege a week ago, while others openly accuse General Pem berton, who is a Northern man and a native of Philadelphia, of treachery, and the receipt of a heavy bribe from the Federal Government to sur render on the 4th of July, with a view to theatrical effect. However the truth may be, it should be remembered that this is not the first time that a similar accusation has been raised against the Ge neral by the Southern press at Richmond, as well as by the sympathisers with the South in this city, and that early in June last he issued a proclama tion to the garrison of Vicksburg denying that he would sell Vicksburg, and stating that only when the last pound of food had been consumed and the last man perished in the trenches would he surren der the city. These were brave words. They have not been followed up by deeds equally desperate, and until the actual truth be known General Pem. berton may blame his own braggadocio for the sus picion which has fallen upon him. People who were so remarkably careless and in different last week under the prospect of invasion explain that the indifference was the result of knowledge and of well-based confidence, not of ignorance or apathy, and that they knew there never was the least danger to any of the cities of the North, and especially to Washington. When Wall-street learnt on the unsafe authority of the " sensatiou u journals that Lee was utterly routed and in full flight to the Potomac, which he was certain never to reach, it measured the results of General Meade's victory by a fall of six per cent. in the price of gold, and a rise of two and three per cent. in the value of Government securities; but taking counsel of the last official despatch of Gen. Meade, and calmly reviewing the whole circum , stances, it modified its opinion, and sent gold up and securities down again by about one-half their previous rise. To-day the feeling was much less hopeful than it was yesterday. Until late in the afternoon, when the capture of Vicksburg was an nounced, gold slid down rapidly to 331., a lower point than it has touched for six or eight months. Prior to that windfall of good fortune cautious men declared that the backbone of the rebellion was not broken ; that the end was no nearer than it was be fore; that the capture of Vicksburg grew less pro bable every hour; that Gen. Banks was not alone in danger of defeat, but of enforced surrender at Port Hudson ; that all the recent advantages gained by the Federals were idle and transitory as a name written in water; that New Orleans would probably share the fate of Gen. Banks, if that were adverse; that a Federal advance to Richmond, which hot headed zealots w ere a g ain urging, would restore to General Lee the opportunity of victory which he let slip at Gettysburg ; and that short of European intermediation there was no agency whatever that could bid the sullen and resolute South and the vain but unstable North make up their difference, and consent to dwell apart, two in political and social sentiment, but one perhaps in the amicable relations of commerce. But upon the confirmation of the news the public sentiment took once more a hopeful turn. Gen. Banks it was thought would assuredly be reinforced by General Grant, the Mississippi would be free from its source to its mouth, and the South would sue for peace. It is here that the Northern people fall into deplorable error. They know that they love the Union them selves, and cannot understand that the South should abhor it. The war has been hammering the truth into the Northern mind with very hard blows ; but the Northern mind has not been ductile to receive it. In adversity the Northern people may have be lieved to a qualified extent in Southern estrange; Powe rs ment ; but in prosperity they refuse to . a dmit that any American can in his heart be fals e to aUnion which has made America one of the Great of the earth. Nevertheless, the ques tion of interven tion or intermediation, of which rumours mer e Or less precise and authentic continue to a rrive by every mail from Europe, scarcely dieslan the and France, ex same jealous hostility as betore. If Eng with or without the aid of S p ain and other Powers, were to propose an armi stice, the s i gn s are that the great bulk of the Northern and North-western peo. , pie would agree to t he proposal after a faint Federal tfo o re odious media tion pro test. The forced conscription —to which the Government must resort, ordle—thias so us to the w h o l e people of a fighting age would be accepted, if only for the certainty that it would put an end to all dange r from this source. If the i war s to continu e even for a twelvem on th Mr. Lincoln must have a new arm y o f at least a quarter of a million of men. He cannot get such an army, or a third of i t, b y voluntary enlistment ; nor by the persuasive power of all the gree n b a cks that Mr. Chase's ste am eng i ne s can print off, if they work night and day, to fill the pockets of Irish and German mercenaries; and the aid of the negro, even to the extent of only 10,000 m en, is not to be obtained, even though General Fremont, or General Butler, should offer to lead them on a gr a nd ra id o f slaughter and pillage through the rich plantations of South Carolina, Mississ ippi, and Alabama. A conscription, or a collapse, is the question which the Federal Govern ment must decide ; and it is ore so perilous that 111 r. Lincoln may well be excused for declining to meddle with it as long as any chance remains in I the chapter of accidents to ext ricate him from a di- I lemma in which it is as fatal to stand still as it may be to go forward. "Independence Day" was duly celebrated on the day after the repulse oWhf G e neral Lee, but before the Whatever may have been the details were known. tone of sentiment in other cities, the Fourth of July orations in New York betrayed a strong and steady bias in favour of peace. It would seem as if love for the Union, no longer the fierce and all-absorbing pas- sion of the popular heart, nor the frenzy beyond re son which it was in the earlier days of the war, heal settled down into a calculation under the stern ex perience of the last 16 months. People ask themselves if the Union is worth 20 years of war, or the sacrifice of liberty,or national bankruptcy and financial chaos, or the permanent stigma on the fair fame of the Re public that would follow the subjugation of the South—if such a subjugation were possible. They feel more than half inclined to answer these questions in the Legislature, and begin to have a glitrmering notion of a fact long palpable to Europeans who have dispassionately studied the principles on which the Republic was based, that they have all along been fighting against logic and against fate. The speech of Governor Seymour, of New York, uttered with full knowledge of President Lincoln's announce ment of the success that attended the Federal army at Gettysburg on Friday, was that of a man whose heart was not moved by any passionate impulse to sympathise with Gen. Meade's victory. He did not speak as if he thought the victory would end any thing, or settle anything, or do more than protract a struggle which had already lasted too long. Through it all there loomed, large and menacing, the great question of " State rights," in vindication aa a sr nd wse, a l s al s na e d r s ti wt o he i n ho o .wh f haerhDe which elt the South had taken up m o i c a ra e c o y, to common n b w e tithhetonnel Pence - vation of the country, ami d the countless host of perils that threat en t o ake . a worse division of the once exultant and sau cy bisec tion. He claimednoin t he er m u it el for on havingthan a mere assisted bi stehce tFheed recenter a l Governm ent alartsof hour of its agony during invasion any ;he did not even re cognise it as havingcl aims upon his justice or generosity as Govern or o f i‘ th e had State of New York, but he declared that h e occupied every hour to the point of physical exh austion to rally our (New York) troops to the rescue o of an adj o i n i ng sister State (Pennsylvaniapand p toplace New Yo r k ever hold." in that position of dignity and we that truly respects its own rights should whicha State ic T o -day," he added, " the great masses of Conser vatives who still battle for time - honoured principles o f Governm ent, amid denunciation and co ntumelyieipls e and abuse, ar e the onl y barriers that stand bet ween the Federal Government and its own destruction." All other parties who urged it to the commission of acts of despotism, to the suspension of the habeas corpus, to the seizure of citizens at midnight in their beds for the expression of their opinions, to ro t s: cible suppression of newspapers, to the incitem e nt of servile war, and to the laying weste by fire and sword of States that merely claimed the right of governing themselves within their own limits, aecording to the enactments and the piinciples of their owu Constitution, the Governor held up to the scorn and reprobation of his hearers. He bad no sympathy with , or toleration for, the President in his assumption of th e arbitrary po wers with which Congress, acting in excess of its duty, had endea voured to clothe him. " This doctrine," he said, " of the suspension of the Constitution is unsound, it is unjust, it is treasonable ;" and, at the words tee immense assemblage that filled the Academy of Music, from floor to roof, rose to its feet like one man, and cheered him, with waving of hats and handkerchiefs and uproot of voices, that bespoke the intensity of its feeling. Governor Seymour affirmed that he would uphold what lie called the "just power" of the Federal Government; but he would also maintain the "just right" of the States. He argued that liberty in America was impossible un less the people came back to the faith and the pin ciples of their fathers—faith and principles which consecrated e jealous opposition to the central Go vernment, lest it should absorb too much into its own hands and end in a despotism ; and an equally jealous support of the local Government of the States, the only safeguard and bulwark of Republi can liberty. Governor Seymour, of Connecticut, was equally decided. "If I knew anything of the nature of this Government," he said, " its true greatness consists in the ability it may possess, not to destroy, but to restore and bring together, and, by compromise and a new order of things, to re build the Temple of Freedom. For this end war is unavailing. The States of the South may be wrong; but that is not the question. As they came voluntarily into the Union you cannot compel them to remain in it by the force of arms. You may devastate their fields and reduce them to beggary ; but you cannot by these means have the Union which your fathers founded." It was by speeches like these that on the anniversary of American independence the two most eminent citizens of New York and Connec ticut expressed themselves opposed to the principle on which the war was based and the habit on which it was conducted, and found themselves supported by the unanimous support of an auditory that had finally lost the relish for blood. It is true that there was one embryo citizen, at a meeting of the Young Men's Catholic Association, held in another place, who declared that it was utterly impossible for the North to listen to any proposition for peace so long as one Southall soldier remained in arms ; but, as he was only an Englishman, newly imported here, seeking in this country the social and political posi tion which he had forfeited in his own, it is just possible that Americans may not consider him the best authority in support of a principle of conduct which, had it been too long acted upon by King George 111., would either have brought that monarch to calamity, or consigned George Wash ington to a place in history less splendid than that which he now occupies. The Irish and Germans have ceased to hope in the prosecution of the war. The Americans are fast following in the path where their foreign born friends and fellow•citizens have led ;end, if it be left to renegade Englishmen and nat i ve co ntractors, placemen, and functionaries alone to cry " War to the bitter end !" the end draws near, and will neither be retarded nor expedited by anything that such persons can urge against it. Notwithstanding all the warlike excitement and fresh recurring hopes and fears of the last ten days, Mr. Lincoln has tound time to indite a long and elaborate reply to the memorial of 19 citizens of Ohio, appointed as a committee by a State Convention held at Columbus, to lay s respectfully before him their reasons for demanding the revoca d - tion of the illegal sentence of banishment passe c h a racteristic of the P resident. He consents to Vallandigham. The reply is eminently u pon Mr. Vallandig p l ea d before the committ ee, as if they had laced p him on trial, which virtually they did, and justifies an action which he admits to be ea extraordinary an d uncons ti tu tional on the sole pile of a necessity of o w hich he is the sole judge. declines to annul the sentence on account f its illegality ; but is willing, as a matter of favour, to grant Mr. Vallan moral, nor personal right to propose. digham liberty to go hom e upon conditions which gentlemen will confess to certain are wholly irrelevant to t e case, and which he had they will not, Mr. Vallandigham's n lf eit t h h e e r n le in g e a t h eeinf truisms, which he recapitulates, Mr. Vallandigham sente may nee s hall remain in force. return. They ar e t o a d m it i n writing, and sign the admission with th e i r na mes, that there is a rebellion in the United St a t es ; that an arm y and a navy are constitutional means of ; that no one of them w ill do anything which in his ow suppressing that rebellion and th at the ea f c r t e h a e s tn e favour the decrease or hi n d er n' judgmentch will said army and navy ; h i s sphere do all he can to have the said army and w of ill th in e navy, while engage d in suppressing the rebellion, paid, fed, clad, and oth erwise well provided for; shall go forth free to do as he pleases, and be only liable to punishment for such new offence as he may hereafter commit. No one can say that such a ro os al is sagacious , but most admit people will 1) I) it to be cunning. It says in effect to the committee :—" I believe you to be all traitors ; but if you will pledge yourselves in writ ing to loyalty and support of my Government your traitorous friend shall go free ; not be cause he ought to go free, but because I reckon that I gain a balance of eighteen pledged supporters out of this clever little t ransaction. In fact, it was the village attorney who spoke, and not the statesman. The committee saw tnrough the President's meaning at a glance, and in an able, temperate, but severely cut tin g rejoinder placed him in a light that, were he not the President, would be fatal to all his future chances of success as a politician and a public ist. They informed him that it was not for the sa ke of Mr. Vallandigham personally that they ha d ventured to remonstrate with the Executive; but for the sake of the prin ciples involved in Mr. Vallandigham's arrest, which affected every citizen of their State ; that the Pre sident had no righ t to exact any pledge from them, implying thereby that they el ere disloyal or rebel lious, or that Mr. Vallandigham could be released upon conditions, as if he had been rightfully pun ished. They wound up by declining his proposi tions, and throwing upon him the responsibility which they declare to be aggravated by an intima tion in his extraordinary letter that he will, if ever he sees fit, in the public interests, repeat the illegal acts of which the committee complained. The whole proceedings in the case, as far as the President is concerned, have been one unnecessary blunder. Perhaps the worst part of the blunder is that Mr. Lincoln has been unwise enough to offer reasons for his conduct. If he had annulled Mr. Vallandigham's sentence he would have done well. If he had refused to disannul it without stating why or wherefore be would not have done quite so well, but he would have done infi nitely better than by an elaborate statement, full of false reasoning and quirks and quiddities of petti fogging law, to have drawn upon himself the dignie fled rebuke of the Ohio Committee. As the case now stands be bah exhibited himself before Euroi e and his own countrymen in the light of a tyrant, without any of the mental and moral qualities that may serve to make tyranny respectable if they can not make it agreeable. •ea.' 100 100 100 100 100 gal 108 I 105 } 90 6 95 112} i~r~~ 1