The Sun. — London, England, 1863-05-20 00:00:00

THE GENERAL CREDIT AND 'FINANCE COMPANY OF LONDON (LIMITED). To be Incorporated under the Companies Act, 1862. limiting the liability of Shareholders to the amount subscribed. - First Capital £1,500,003, in 125,000 Shares of £2O each. With powe• to increase by subsequent issues, to be decided upon by special general meetings of shareholders. Payment on allotment £2 per share. DIRECTORS. Chairman—SAMUEL LA ING, Esq., late Finance Minister of India. William Patrick An drew, Esq., Chairman of the Scind Punjaub, and Delhi Railways. Samuel Beale, Esq., M.P., I, hairman of the Midland Rail way. Edward Blount, Esq. (Messrs. E. Blount and Co , Bankers, Paris). Thomas Brassey, Esq., jun., 4, Great George-street, West minster. _ _ Charles P. Devaux, Esq. (Mess: s. C. Devaux and Co.) Sir Stuart Alexander Donaldson, formerly Colonial Secre tary of New South Wales. James Thompson Mackenzie, Esq., Deputy-Chairman of the Eastern Bengal Railway. John Bramley-Moore, Esq., M.P., Liverpool. Mr Alderman Salomons, M,P., London. Samuel Leo Schuster, H sq. ( es'rs. Schuster, Son, and Co.) Charles Turner, Esq., M.P., Liverpool. George Worms, Esq. (Messrs. G. and A. Worms.) SOLICITORS. Messrs. Baxter, Rose, Ntrton, and Co., 6, Victoria-street, Westrninste.% BANKERS. The London and Westminster Bank. The Uniun Bank of London. BROKERS. Messrs. Joshua Hutchinson and Son. Messrs. Laurence, Son, and Pearce. SECRETARY (I,l*o J. L. Sawer, Esq. Temporary Offices, 62, Ring NV l lliam-street, City. PROSPECTUS. Loon, May . The foundation of instituti ons on the Continent whieh lB63 com bine large capital and credit for financial and industrial en terprise has now become an established fact, and in many cases their success has been remarkable. Such institutions may be abused, and become mere instruments of speculation ; but when . prudpitly conducted and directed towards legiti mat': business it cannot be denied that they meet (lie of the real wants of the age. England has hitherto not participated in this movement, and the consequence is, that Paris has to a considerable ex tent superseded London as the centre of financial enterprise. London, nevertheless, affords by far the best sphere for a well managed undertaking of this description. It Is the greatest money market of the world ; the point to which all foreign nations resort to raise capital ; the place where large contracts can be made and loans negotiated. There is clearly no other money market where concentr.ted capital and credit ought to command a more se ure or a larger profit. England also, in her Colonies, and above all in her vast In dian Empire, affords a field for legitimate enterprise, which is unequalled by any other c , untry. India, with a population of 180,0e0,c00, rapidly advancing in wealth and prosperity, re quires nothing more to accelerate its development than the direction towards its territory of some portion ~ f that vast annual accumulation of English capital which seeks invest ment at a low rate of interest. To ally the demand of India for capital at 10 or 12 per cent. with the English demand for investment at 4 or 5 per cent., of itself affords an ample sphere for operations. It is to meet these requisites that some gentlemen experi enced in financial and mercantile operations have associated themselves together in order to form an English company, in alliance with the following leading ranking, houses and capitalists of France, who are about to form a similar com pany in Paris, under the title of " Societd gdnerile pot? favoriser le developpment de Pindustrie et du commerce de la France," the application for a concession being made by— M. Archdeacon, Ancien Agent de Change. M. Itartholony, Prdsident de la Cie. du Chemin de Fer de Parish Orleans.. hi SL. Bischoffshelm, Goldschmidt, and Cie., Banquiers h Paris. MM. Edwd. Blount and Cie., Banquiers ii, Paris. M. Cahen D'Anvers, Banquier it Paris. M. Davillier (Henri), President de la Chambre de Commerce de Paris. M. Deniere, President du Tribunal de Commerce de Paris. M. Fere, Censeur de la Banque de France. MM. Hentsch, Lutecher, and Cie , Banquiers h Paris. M. Leroux (Alfred), Depute au Corps Legislatif. M. Lucy Sedillot, Ancien President du Tribunal de Com merce oe la Seine. MM. Mirabaud, Paccarcl, and Cie , Binquiers h. Paris. M. Perier (Jh.), Regent de la Banque de France. M. Pinard, du Comptoir d'Escompte de Paris. M. Schneider, Vice- President du Corps Ldgislatif. M. Simone, President de la Cie. des Chemins de Fer de l'Ouest. M. P. Talabot, Directeur des Chemins de Fer d e P ar i s h Lyon, et ft la Mediterrande. A treaty has been signed with this party by which they subscribe for 20,000 shares in this Company's present 181311 e, and the same number in case of a second issue, the Company subscribing for 20,000 of their shares, and arrangements being made by which the two Companies ant as each other's agents, and have the option of participating to a certain extent in each others operations. The business will be to negotiate Loans and Concessions, assist industrial enterprise,, Public Works and Railway un dertakings ; negotiate Foreign, Indian, and Colonial Bonds ; conduct Mercantile transactions ; and establish agencies for large commission business ; in a word, to undertake all such operations as an intelligent and experienced Cap talist might effect on his own account with a capital of millions, with the exception of such purely speculative transactions as are pro hibited by the Memorandum of Association. The credit and resources derived from a large subscribed capi tal could thus be employed in earning dividend with a com paratively small paid-up capital. It is probable that not more than 40 or 50 per cent would ever be called up on any shares, a further issue being made whenever the increase of business required it. No call will exceed .£2 per share, or be made at intervals of less than two months. Instead of fixed salary, the Directors will receive no remu meration until the Suez she'd( re have a dividend of 5 per cent. or upwards, and will then be paid by an allowance of 10 per cent. on the divisible profits of the year; and their interests are further identified with the success of the Com pany by clauses in the Articles of Association, and by giv ng them the privilege of taking a fifth of any further issue of shares. Subject to this, and to the subscription of 20,0'::0 shares in each New Series by the French party, all new shares will be distributed pro rata among existing Share holders. 20,0'0 shares have been subscribed as above stated by the French party, and the remaining 105,000 by private subscrip tion ; but arrangements have been made for deducting from these subscriptions, so as to give the public the option of subscribin , for 35,000 shares. Copies of the Memorandum and Articles of Association He for Inspection at the Office of the Solicitors, Messrs. Baxter, Rose, Norton, and Co., 6, Vi c t or i a - s t reet, W estminster; and at the Temrorary Offices of the Company. Applications for shares may be made to the Directors, (2, King William-street, City ; to M essrs. J. Hutchinson and Son, 15, Angel-court ;cr to Messrs. Laurence, Son, and Pearce, Auction Mart, Bartholomew-lance. THE GENERAL CREDIT AND FINANCE COAIPANY OF LONDON (LIMITED). FORM OF APPLICATION FOR SHARES. To the Directors of the General Credit and Finance Compat y of Lond n (Limited). Gentlemen,—l request you to allot me Shares in the General Credit and Finance Company of London (Limited); and I hereby agree to become a member of the Company, to accept such Shares, or any less number that may be allotted to me, and to pay the £2 per Share on allotment ; and I re quest you to place my name on the Register of Members in respect of the shares allotted to me. _ I am, Gentlemen, your obedient servant, Name in full Address in full Reference Date T HE GENERAL CREDIT AND FINANCE COMPANY OF LONDON (Limited). NO APPLICATIONS for SHARES will be RECEIVED in London after THURSDAY, the 21st instant, and from the Country after FRIDAY, the 22d instant. By order of the Board, J. L. SAWER, Secretary, pro tern. London, 62, King William-street, City, May 19, 1863. T HE DARTFORD CREEK PAPER-MILL COMPANY (I; tutted). Capital £150,000, in 15,000 shares of .ClO each, of which £9 per share will be called up. Deposit £1 on Application, and £2 on Allotment. Calle not to exceed £3, at intervals of not lees than three months. To be Registered under the Companies Act, 1862, whereby each subscriber's liabillty is strictly limited to the amount of his subscriptions. DIRECTORS. Sir John C. Dalrymple 171. y, Bart., M.P., Chairman 44 St. James's-place, St. James's-square, S.W. , , Thomas Brassey, Esq., 56, Lowndes-square, W. William Hope, Esq., 14, Park-lane, W. John Horatfo Lloyd, Esq., 1, King's Bench-walk, Temple, E.C. Hon. Win. Napier, 54, Green-street. Grosvenor-square, W. John Poiliott Powell, Esq., 7, Albion-place, Hyde Park square, W. BRORS. Messrs. Joshua Hutchi ns on KE and Son, 15, Angel•court, Throgmorton-street, E.C. BANKE anRS. Messrs. Spooner, Attwoods, d Co., 27, Gracechurch street, E.C. S OLICITORS. Messrs. West and Ring, 3, Charlotte-place, Mansion house, B.C. Offices-2, Old Palate -yard, Westminster, SW. ABRIDGED PROSPECTUS. The object of this enterryise is to take advantage of the impulse given to the Manufacture of Paper by the repeal of the Excise Duties, under cinumstances peculiarly favourable, the materials being obtained by a patent process in full ope ration, at prices very h ghly remunerative, as compared with the cost of similar products in the Of en market. It is well known that very large fortunes have been realised in this trade, and the removal of a Tax which amounted to £2O to X)5 per cent. upon the value of first-class News and Printing Papers, at a time when there is a con stantly lucre 'sing demand for the supply of Books, Periodi cals, Newspapers, and Writing Papers, ensures a large and very remunerative business to a manufactory situated close to the metropolis, erected on the most scientific plane, with the greatest regard to economy of production by the saving of labour and the introduc ion of machinery of the most per fect description. Under the powers of the Limited Liability Act of 142 it is proposed to p urc h ase at their actu +1 cost, the under: takiags of the Ettrick Forest Paper Mill Company and the Ulmate of Ammonia Company, and to carry them on under the title of the Dartford Creek Paper Mill Company. To carry out the intended purchase, to double the scale of the Paper Mill, to utilise to the Tull e t extent the r duc tive power of the works at Grays, and to pr ov id e the necessary . w orking funds, it is proposed to raise a capit a l o f £150,000, in shares of £lO each, of which £15,000 will remain uncalled as a fund of credit, deemed highly d€sirable for the safe and profitable working of a Limited Company. After providing for every ontingencY, the net p rof i ts calculated upon the present working and receipts, as applied to the enlarged production, viz., 32 to 36 tons of paper, and be 25 to 30 tons of manure powde r, p er week, will from £20, , 00 to £25,000 per annum, according to the condition of the mar kets, giving a dividend of from 15 to 20 percerr e with pros pects of considerable increase upon favourable developments of general trade, which it is well known is depressed P by the state of affairs in America, and other disturbing causes. A very large share of the capital has already been sub scribed by the present owners of the properties. Prospectuses and forms of application for shares may be obtained from the Bankers, Brokers, Solicitors, or at the Offices of the Company. Applications for shares must be made in the form annexed to the prospect If no allotmentub, accompanied by per share. e made the depostitheWdilelpboesirteotfurtled in full ; and it a less number be allotted than is applied for, the sur plus will be used towards the payment on allotment. F ORM OF APPLIC ATION FOR SHARES. To the Directors of the Dartford Creek Paper Mill Company (Limited). Gentlemen,—llavintg aid to your Bankers the sum of £ , I request th you will allot to me each in the Dartford' Creek shares of £lO These or any less number l'aper Mill Company (Limited). hereby agree ptoayaoctheept umber which may be allotted to me I • pursuant to the Articles of Associa tion, and to ter of the deposit and the calls thereon when requirerr ray name on the Ite,lster to do, and I request you to place allotted. of Shareholders for the shares so Name in full Address Prof esaion ''''''''''''''''''''''''' biDat, '''''''''' gnature ************************** w h;ln tilled l c ? A N.B.—This form, al signed. to be left with the Bankers on payment o. the deposit. T HE DARTFORD CREEK PAPER -MILL COMPANY (Limited). The Directors Give Ist.otice, That the List of Applications for Shares will be e Country on th e 25th jn CLOSD for London on the nd and for thst. QI ~~ ~ N°. 22,118. Now ready at all the Libraries, in 3 vols., C E CI T, BE AUM ONT. By the Hon. C. STUART SAVILE. "A pleasant, well-written book. The style throughout is animated, and the scenes and characters described are full of freshness and vigour."— Sun. Hurst and Blac ,, :ett, 13, Great Marlborough-street. NOTICE.- MRS. HALLIBURTON'S TROUBLES, a Popular Edition, will be ready on the k6th inst., w i th T wo Illustrations, price 6s. Richard Bentley, New Burlington-street. Now ready, 1 vol. demy Bvo., cloth, price 155., Illustrated by Six Chromo-Lithographic Drawings, FOUR MONTHS in a DAHABEETH: or, Narrative of a Winter Cruise on the Nile. By M. L. M. CAREY. L. Booth, 307, Regent-street, W. Just ready, NEW NOVEL, BY THE REV. J. PYCROFT, Author of " Twenty Years in the Church," DRAGON'S TEETH 2 vols. post Bvo., cloth, 21s. L. Booth, 307, Regent-street, W. IN FUN, THIS WEEK, One Penny, Charles Du Cane, ➢i.P.—England on Chinese Plates—Wander ings in London, &c. MR. T. CARRICK begs to announce to his Artist Friends and the Public, that his Photographic Estab ishment, 32, Regent-street, Piccadilly-circus, is now in full operation. Cartes de Visite, 10 for 10s. 6d; 21 for £l. Miniatures on Ivory, Marble, and the Photographic base in his former styles. 44 THALBERG'S MATINEE," Monday next, 1;._• May 25.--The only Matinees in which S. THALBERG will appear in London this season will take place at the t, ANoVER-SQUARE ROOMS, on Monday next, May 25: Monday, June 1. June 8, and June I'. Each Matinee to commence at half-past 2. Stall subscription, 3 guineas ; family ticket, to admit four (studs), 3 guineas ; single stalls, 218. ; unreserved seats, 10s. 6d ., may b e secured at the prin cipal musicsellers and libraries , Austin's, Piccadilly; and of Mr. Fish, at the Hanover-square Rooms, where the plan I the seats may be seen. SAWYER'S FAMOUS LONDON DINNER FOR THIS DAY. At 2s. 6d. each Person. SOUPS. Ox Tail. Jardiniere. Soles, sauce Hollandaise.FlSH. Fried Fillets of Brill. ENTREES. Chicken Rissoles. Sweetbreads ala Italienne. JOINTS. Roast Beef. Roast Mutton. SWEETS. College Puddings. Strawberry Tartlets. Cheese and Salad. An extensive and carefully selected stock of FRENCH, RHENISH, MOSELLE, and other WINES, imported ex pressly for the London Dinner. THE LONDON, 191, FLEET -STREET. ROYAL ALHAMBRA PALACE. —The EISA RELIS and Signor BALAGER will appear EVERY EVENING. ROYAL ALHAMBRA PALACE. —The RISA RELIS and Signor BALAGER, who have created the greatest sensation in their native country, will appear in two separate and entire novel pert ormances EVERY EVENING. ROYAL ALHAMB RA PALACE. —The great Spanish Gymnasts. Signor BALAGER and the RISA EEL'S, EVERY EVENING. ALHAMBRA.-DERBY NIGHT (To-night.)- GRAND 13AL MASQUE. A"A MBRA.—GRAND BAL MASQUE on the DERBY NIGHT (To-night).—Gentlernen's tickets 108. ; ladies', ss. ; double ticket (lady and gentleman), 12s. 6d: CANTERBURY HALL AND FINE ARTS GALLERY. NOTICE.— ENTIRE CHANGE OF ENTERTAINMENT LES FRERES ATHOS. From the Carignan Theatre, Turin. Master EDWIN SAUNDERS, the Child of Song. THE NEAPOLITAN MINSTRELS. GRAND SELECTIONS from OPERAS, GLEES, and CAN TATAS. Principal Artistes —Miss Russell, Miss Townley ; Mr. Green, and Signor Tivoli. Conductor, Mr. Jonghmans. The celebrated UNSWORTH'S NEW STUMP The only Negro O ra t or of the day. SPEECH, EUGENE and DULEY, with new Eccentricities. ARTHUR LLOYD, Miss SAUNDERS, and Mr. HILTON, the Comic Ventriloquist and Modern Magician, EVERY EVENING. Admission—Hall, ed. ; stalls and balcony, is. T H E 0 X F OR D, C, OXFORD STREET. During the week will be performed Selections from the following popular Operas : Auber's MASANIELLO. GOUNOD'S FAUST. New Cantata, MAY DAY, by Mr. Sterndale Bennett. supported by Miss Russell, Miss Townley, &c.; Messrs. Albert, Green, Bernardi, Finish, Kimberley, &c. with full band and chorus. Conducted by Mr. Jonghmsns. Drew Dean's Flute Solos UNSWORTH, the modern Demosthenes. Eugene, W. Randall, J. Hutchenson, and the mai vellous ARTH R and BERTRAND. " These two Parisian clowns have carried the aof tumbling to apparently th e hi g h est p i tch of perfection , and and it is impossible even for the moat staid of visitors to avoid being amused by their origin‘l gambols. They elicit shouts of laughter and applause."—Times, April 7,1883. ARGYLL ROOM S.-JULLIEN'S PROMENADE CONCERTS. NOTICE. —During the Week the Selections will be—" Trovatore "—" &c., at Eleven o 'cl Laock. Huguenots "—°' La Forza. del Destino," Jullien's Grand Descriptive Galop, THE To be dedicated to the OwLer DERBY of the Winning Horse. LEVY, the great wonder on the Cornet-a-Piston, plays from half-past Nine to Twelve. Admission, is. T HE LONDON ANATOMICAL MUSEUM, containing the Wonders of Nature and Art, shown by innumerable Models, illustrating every part of the Human Frame ; tog•ether with a variety of Natural Preparations, Malformations, Monstrosities, drc. ; also the Moving Ana tomical Dying Zouave, and other life-size figures. Open daily from 11 to 10, for G en tl emen only. Admission, ()ne shining. Entrance-44 A, Maddox-street, Regent-street, London, W. Illustrated Catalogue, free by post for 12 stamps, sealed 20. Explanations throughout the day. Lecture at 4. Address th Secretary, as above. PHEASANT REARING AND BREEDING —Aromatic Spanish Meal, super. Greaves and Caycar Excelsior, the only proper food for rearingand feeding Game and Poultry, sold only by JAMES CHAMBERLIN, who will send free, on application, a Book containing the most valu able information, with Remarks of Gamekeepers and Po,dtry Rearers—Setting, Hatching, Feeding, &c. Address, MR. JAMES CHAMBERLIN, Foreign Wine Merchant, Norwich. DEAFNESS. —The SOUND MAGNIFIER INVISIBLE VOICE CONDUCTOR, a newly in vented instrument for severe cases of deafness. It fits into the ear, not perceptib e, removes singing noises in the head, and enables deaf persons to hear distinctly at church and at public assemblies.—S. and B. SOLOMONS, 39, Albemarle street, Piccadilly. V AC CINATION and RE-VACC INATION.— the Blf thes t e be true, the Hygeian System of James M or i son, shut up ygeis, falls to the ground, and we are prepared to . Let the public watch the effects of Re - Vaccination. The Anti-Vaccination Picture may be had at 262, Straud, price Id. or 2d. by post. Issued by the British College of Health. Euston-road, London, for the Society of Hygeists, this 18th day of May, 1863. TEA.—MOORE BROTHERS respectfully inti mate that their New Prospectus is now ready. They especially recommend their improved Family Tea, reduced to 3s. 2d. ; Souchong, reduced to 3s. ed. ; mixed Assam, re duced to 3s. Bd.; and the finest Assam, reduced from 4s. 4d. to 3s. Ild. per lb. MOORE BROTHERS, *5, London-bridge, City, E.C. A NEVER FAILING REMEDY.-- Dr. SCOTT'S BILIOUS and LIVER PILLS, pre dared without any mercurial ingredient., from the recipe whotrir• 3cott, of B romley, Kent, will be found invaluable to a _ •uffer from bili ous and liver complaints, indigestion, wind. 4pasms, giddiness, dizziness of the eyes, &c. For habitual .-ostiveness, as a family aperient medicine, and as a purifier the blood, they are truly excellent ; mild in their opera tion and grateful to the stomach, they create appe rte, pro mote digestion, and strengthen the whole nervous system. Sold by W. Lambert, 8, King William -street, Charing-cross. London, and by most druggists, in boxes,ls. lid., and three timec the quantity in Livens, 2s. 9d. Be sure to ask for Dr. Scott's Bilious and Pills. The genuine are a square green paOkage, with " William Lambert," engraved on the stamp. ROYAL FREE HOSPITAL, Gray's-inn-road, in the immediate vicinity of the Great Northern Rail way Terminus, at King's-cro!s. without of free death Patron—The QUEEN . President—The Duke of BUCCLEUCH G Treasurer—Edward Masterman, Paw; K. This was the. first hospital to introduce the v p ri rf ti i and instant admission to the destitute sick, mality of governors' letters. It is entirely devoted to the ter ' tution in its most pitiable form—viz., that which is t° a panted by sickness and disease, and is now of suffeleen magnitude that, with adequate supp ort, it ma y be rendereden capable of admitting into its wards a very large proportion of the casual sick of this great metropolis. It requires but the funds in order to have 500 beds available for the reception of these the most wretched of our fellow-creatures. Moreover, it gratuitously affords medical advice and medicine to more, on the average, than 3,000 out-patients a week. The Weekly Board feel it their imperative duty to make an EARNEST APPEAL to the public for continued support, to enable them to admit and relieve the distressing cases that daily present themselves. Contributions are reaelved by the Treasurer, Edward Mas , erman, Esq., Nicholas-lane; also by Messrs. Coutts and Co, ; Drummond and Co. ; Herries and Co. ; Hansom and Co. ; PresCott, Grote, and Co. ; Smith , P a y ne, and Co. ; Glyn and Co. ; Jones Loyd and Co. ; Barclay and Co. ; Denison and Co. ; W Iljams, Deacon, and Co, ; Overend, Gurney, and Co. ; Nisbet and Co. ; gessre. J. Earned gld Cp., Ltverplool and at the Hospital. STANFORD O. WITH, Seccatary. -. - -___ ,a ,----- -- - , . .. , . ...------ ' 1111111k— ._ . . • , ~,,v ._ _ . ♦ - -„- '': ..,:r. — .4.. ', ... ..,R, , ,..„.., ) , till. • . 1 ..:14.k. .. : .. . .., . ....,., .ALN. —, ,' I - N ,- - 47 - . „.- 4 m,,,',.. , 0„,.., ---:',.*:. ''' ..- ; $1 '" r ?.C'• :- 174 ,, . a 472 , ~, , 3' 4: ,3107. : R ,,, (52 rr ...,..: - .. 4 - ': -7 - -...„.r A ~,,i n - 40111 C. " ro . 4 ' -.. . DIE _ I, A pr.., t , tl , , 16- •. ....,,,, .; o > •. ,s , 0-4 - i PP.'''' + THE SUN, LONDON, TUESDAY E V ENING, MAY 20, 1863. SEA. —FELLOWS and CO., Shipbrokers, 127, Fenchurch-street, 1 C., require MIDSHIPMEN and FOUR First-class APPRENTICES in an A 1 clipper India man, 1,50) tons. Premium moderate, returned in wages. Also stout Lads, without premium, for other ships. Wages £35. SEA. —MIDSHIPMEN required for splendid ships for Australia and India. Premium, 50 to 80 guineas, may be paid in two instalments. Apprentices also wanted, with and without premium. —Apply to W. Suther land, ship and passage broker, 11, Fenchurch-buildings, by 107, Fenchurch-street. Established 1851. INNS OF COURT HOTEL COMPANY (Limited). At a MEETING of the BOARD of DIRECTORS, held on the 16th of April, 1863, it was resolved—That the Share List be CLOSED on the 27th MAY. After which time no further applications for Shares will be received. By order. H. T. L. BEWLEY, Secretary. 63, Lincoln's-inn-fields, W.C. THE CONSERVATIVE LAND SOCIETY._ FREEHOLD LAND and HOUSES in the HOME COUNTIES.—The Society's system is worthy of notice of all persons desirous of obtaining in healthy districts Suburban Residences, combining railroad, omnibus, and river commu nications with town ; roads and sewers made, and water mains and gas laid down. By very small payments land and houses are acquired Eligible and valuable building sites, in large or small quantities, are Low on sale to thegeneral public. Land will be let on building leases, with advances, if required. The freehold may be repaid in monthly or other easy instalments, immediate possession being given. It is not necessary to be a member of the Society in order to buy land if the cost thereof be paid up in full. Prospectuses free. Plans, ed. each estate, or 7d. by post. CHARLES LEWIS GRUNEISEN. Secretary. Offices, No. 33, Norfolk-street, Strand, London W.C. N ORTH BRITISH AND MERCANTILE INSURANCE COMPANY. Established 1809. Incorporated by Royal Charter and Special Acts of Parliament. Accumulated and Invested Funds Annual Revenue422,4ol FIRE DEPARTMENT. Insuranres granted both at Home and in Foreign Countries on the most liberal terms. LIFE DEPARTMENT. Every facility offered to Insurers. Ninety per Cent. of the Profits divided among the Insurers on the participating principle. The new Life business transacted in 1862 as follows: Policies. Amount Insured. Premiums. 1,037 £763,334 £23,611 0 0 Forms of Proposal and every information will be furnished on application at the OFFICES : LONDON 5B, Threadneedle -street. ~ • 4, New Bank Buildis. Lothbury. West-end Office B, Waterloo-place, Pall-mall. WESTERN MANCHESTER and LONDON LIFE ASSURANCE and ANNUITY SOCIETY. Established 1842. Chief Offices-3, Parliament-street, London, and 77, King-street, Manchester. ACTUARY—Arthur Scratchley, Esq., M.A. SPECIMENS OF BONUS ALLOTTED. —E. G. has paid £lB3 11s. 3d. in Premiums towards his Policy for £1,600 ; £lO6 12s. id. Bonus has already (1860) been allotted to him. R. S. has paid £7 6s. in Premiums towards his Policy for £5O ; £6 2s. ild. Bonus has already (1860) been allotted to him. ANNUITIES AND ENDOWMENTS GRANTED. Full Prospectuses, Proposals, and every information may be obtained from the Actuary in London, the Local Secretary in Manchester, or any of the Society's Agents. AGENCY DEPARTMENT. This Society, always desirous of extendinz its operations and connections, offers to influential residents in the towns and villages of the United Kingdom liberal allowances on business which they may be able to introduce. The services of Soli citors, Medical Men, Surveyors, Auctioneers, or Tradesmen of good local standing, are invited in the capacity of Pri vate or Public Agents. All applications to the Offices are treated as confidential. Prospectuses, Forms of Proposal, Almanacks, &c, forwarded post free. PROVIDENT CLERKS' MUTUAL LIFE ASSOCIATION. Established 1840. TRUSTEES. Thomas Baring, Esq., M.P. I Wm. Geo. Prescott, Esq. Thomson Hankey, Esq., M.P. Baron L. de Rothschild, M.P. Mutual Lif - Assurance for all classes. This Association has now in existence 6,000 policies, for a total sum of £1,500,000. The Annual Income is .. • . £61,000 The Accumulated Fund exceeds .. 2Cy 00 It has paid in Claims 112,000 The whole of the profits are divided quinquennially among the Members Three divisions have already been made' when the following sums have been added as bonuses to the policies - Dec. 31, 1847 .. .• . • • • .. £5,400 „ 1852 .. . • •• .. 11,500 „ 1857 .. .• 23,200 •• 1882 .. 56,500 making the total bonus additions, £98,600. Bonuses ma; be received in clsh or applied to the reduc tion of premiums at the option of the assured, in lieu of an addition to the ; of cy. Attention is especially invited to the system of free or paid up policies introduced by this Association, by which the sacrifice so often submitted to on the relinquishment of a po icy is wholly avoided. w h A e e t t h i v e r e a a snedu influential r fi s a o e r n otherwise. tial agents will be appoint e d i n unrepre- The balance -sheet s o f th e Association are open to all, sented districts. "GPM. THOS. LINFORD, Secretary. Chief Office, 15, Moorgate-street, E.C., May 1, 1863. A.D. 1720. R OYAL EXCHANGE ASSURANCE CORPORATION (Established by Charter of his Majesty George the First) FOR SEA, FIRE, LIFE, AND ANNUITIES. Offices, Royal Exchange, London. Branch Office, 29, Pall-mall. OCTAVIUS WIGRAM, Esq., Governor. GEORGE BEARERS BARCLAY, Esq., Sub-Governor. Sir Joni HENRY BELLY, Bart., Deputy-Governor. DIRECTORS. Henry Bainbridge, Esq. Wilmot Holland, Esq. Robert Barclay, Esq. Earl of Leven and Melville. J o M o s s a c c n e h n l l u i n n s, e t g e ; rB ;. q r 7 John Garratt Cattley, Esq. ST C a h hm a e s ull . e J ol n nL o . Mark Currie Close, Esq. Henry Nelson, Esq. William Davidson, Esq. Thomas Dent, Esq. Charles Robinson E Alexander Druce, Esq. Fredk. Jos. Edlmann, Esq. Eric Carrington Smith, Esq. RiversdaleW. Grenfell, Esq. William Soltau, Esq. Robt. Amadeus Heath, Esq. Joseph Somes, Esq., M.P. Wm. Tetlow Hibbert, Esq.: William Wallace, Esq. Jas. Stewart Hodgson, Esq. Chas. Bari ng Young, Esq. Medical Referee, SAMUEL SOLLY, Esq., F.R.S. NOTICE.— Me usual fifteen days allowed for payment of FIRE PREMIUMS falling due at Lady Day will expire on 9th April. FIRE and LIFE ASSURANCES may be effected with this Corporation on advantageous terms. In the Life Department, assurances are granted with par ticipation in Profits, or, at lower Premiums, without such participation. The Reversionary Brim; on British Policies has averaged nearly 2 per cent. per annum on the sum assured. Equivalent reductions have been made in the Premiums payable by persons who preferred that form of Bonus. The divisions of Profit take place every Five years. Any sum not exceeding £15,000 may be insured on one Life. This Corporation affords to the Assured— Liberal participation in Profits—with exemption from the liabilities of partnership. A rate of Bonus equal to the average returns of Mutual Societies—with the guarantee of a large invested Capital Stock. Tlie advantages of modern practice,—with the security of an Office whose resources have been tested by the ex perience of nearly a CENTURY AND A DALE. The Corporation have always allowed the Assured to serve in the Militia, Yeomanry, or Volunteer Corps within the United Kingdom, free of charge. ROYAL EXCHANGE, LONDON. ROBT. P. STEELE, Secretary. GUARDIAN FIRE AND LIFE ASSURANCE COMPANY. No. 11, Lombard-street, London, E.C. Established 1821. Subscribed Capital, Two Millions. DIRECTORS. Sir MINTO FARQUHAR, Bart., M.P., Chairman. CHARLES WILLIAM CURTIS, Esq., Deputy Chairman, Henry Hulse Berens, Esq., G. Shaw Lefevre, Esq. Henry Bonham Carter, Esq. John Martin, Esq. ('harles F. Devas, Esq. Rowland Mitchell, Esq. Francis Hart Dyke, Esq. James Morris, Esq. Sir Walter R. Farquhar, Bart. Henry Norman, Esq. ThJames Goodson, Esq. Henry R. Reynolds, Esq. omson Flankey, Esq., M.P. Abraham J. Robarts, Esq. John John G. Hubbard, Esq., M.P. Ja mes T u ll oc h , Esq. Labouchere Esq. Henry Vigne, Esq. Aim •TORS. Lewis Loyd, Esq. HenrySykes Thornton, Esq. Cornelius Paine, jun., Esq. I Noel Whiting, Esq. Thos.Tallemach, Esq., Secretary I Saml. Brown, Esq., Actuary LIFE DEPA RT I VIENT.—UNDETt Tim PROVISIONS OP AN Acr or PARLIAMENT, this Company now offers to new In surers EIGMTV PER CENT. of the Profits, at Quinquennial Divisions, or a Low Rat e o f P remium without participation of Profits. Since the establishment of the Company in 1821, the A mount of Profits allotted to the Assured has exceeded in ash value £650,000, which represents equivalent Reversionary Bonuses of £1,058,000. After the Division of Profits at Christmas, 1859, the Life Assurances in force, with existing, Bonuses thereon, mounted to upwards of £ 4 ,730,000, the Income from the Life Branch £207,000 per annum, and the Life Assurance Fund, ndependent of the capital, exceeded £1,618,000. LOCAL MILITIA and VOLUNTEER CORPS.—No Extra Premium is required for service therein. LOANS granted on Life Policies to the extent of their valueg, if such value be not less than £5O. ASSIGNMENTS OF POLICIES. —Written Notices of, re ceived and registered. or MPolicy StEDIC ALamps FEES paid by the C ompany, and no charge Which expire Fit Lady Day must be renewed within fifteen days at this Office, or with Mr. SAMS, No. 1, St. James's street, corner of Pall-Mall; or with the Company's Agents throughout the Kingdom, otherwise they become void. Losses caused by Explosion of Gas are admitted by this Company. O ST E 0 EI D 0 Patent, March 1, 1862, No. 560. GABRIEL'S Self-adhesive Patent Indestructible MINE RAL TEErn and FLEXIBLE GUMS, without palates, springs, or wires, and without operation. One set lasts a ,ifetime, and WARRANTED FOR MASTICATION and A RTICULATIO N, even when all others fail. Purest ma terials only, at half the usual ost. Messrs. GABRIEL, the old-established Dentists, 27, HARLEY-STREET, CAVENDISH-SQUARE; 34, LUDGATE-HILL, LONDON; 65, NEW-STREET, BIRMINGHAM, and 134, DUKE-STREET, LIVERPOOL. Complete Sets, 4 to 7 and 10 to 15 guineas. One visit only required from country patients, Gabriel's practical Treatise gratis. ,cone altations free. SPORTING INTELLIGENCE. EPSOM RACES—TUESDAY. The first day of this most important meeting opened in a most inauspicious manner so far as the weather was con cerned. At early morn the rain was descending in torrents, and continued till noon, when it somewhat abated. Showers, however, wore prevalent during the who!e of the afternoon. The wind was exceedingly boisterous, and long before the racing commenced had thoroughly stripped the roofs of the tents situated to windward of the Grand Stand of their can • vas covering, Before the commencement of the afternoon's sport very little Derby betting took place. Shortly before the first race Tambour Major had a gallop over the Derby course, Loiterer leading him. We did not, however, hear one word in praise of his style of going; on the contrary, he was pronounced by good judges to be an extremely clumsy, round-actioned horse, and, moreover, to show con siderable temper at starting. Fantastic is evidently much fancied by those connected both with the horse and the stable, an 3, knowing as we do that he has achieved all the victories in his trials, he will no doubt run a very good horse. The lameness of which there was so much talk some three weeks back was simply an inflamed heel, and no unsoundness whatever. Of Lord Clifden we had most flattering reports, and fully expect to see him repay those who have placed faith in his prowess. As regards the other animals in the race, there was no demonstration worthy of note. The racing during the afternoon was chiefly remark able for the overthrow of the favourites, and the tolerably easy victory of the French mare Fille de PAir in the Wood cote Stakes, beating Molly Carew, who was backed for so large an amount that she became a very decided favourite. For the Heathcote Stakes Miss Julia was backed very freely, and looked very much like winning till opposite the Stand, when Livingstone settled her pretensions to first honours. In the Rous Stakes Gardener and Ace of Clubs were most fancied, but they had to succumb to Wingrave, who won very easily. The rain has done an immensity of good to the running ground, which instead of being as hard as adamant, is now very fair going. The trains ran in admirable order, and, as far as we could learn, conveyed their living freights in perfect safety and confort. As full particulars of the run ning will be found given below, no further remarks need be made here. We may just mention that the ring for the members of Tattersall's and the Rooms at Newmarket still appears to be unpopular with the many. There are many gentlemen who like to have their " tenner" or "pony" on a race at the " Derby time" who would never think of doing so at the majority of race meetings, much less become mem bers of such institutions as those before mentioned, and, consequently, have to bet " outside" ; where, however, a great number of very respectable baokmakers afford them that opportunity. The Craven Stakes of 10 soya each, with 50 soya added, for 3-yr-olds and upwards, Weight for age. The last mile and a quarter of the new Derby Course. 10 subs. Mr. Hart's Adventurer, 4 yrs, Bst 121 b (Clement) 1 Mr. Parr's Isoline, 3 yrs, 7st 21b ............. (Rudd) 2 Mr, John Osborne's Comet, 3 yr s , 7st 71b (Whitely) 3 The following also ran :— Atherstone, Buckenham, Beauvale, Blackdown, Stockowner, and Brother to Morocco. Betting—Even on Atherstone, 9 to 2 agst Adventurer, 5 toll agst Bwkenham, and 10 to 1 agst any other. A capital start was effected after one slight failure, Comet, making th e runn i ng a t a wretched the favourite next, to the top of th e hi ll, where the latter withpa pace, a Brother r t to lead , m Morocco going on second, with rushed past his horses, and came on w i th the lead, Comet shortly after dropping into the third place, the pace mend ing considerably as they came down the hill. Rounding the turn into the straight Brother to Morocco gave way, and his place was taken by Adventurer, who came on in waiting to half in the distance,where Atherstone was beaten, leaving Comet and Isoline in front, but who were headed at the enclosure by Adventurer, who won in a canter by three lengths, Isoline beating Comet by a neck for second. Ather stone was a bad fourth, Buckenham fifth, Brother to Morocco sixth, and Stockowner next, Blackdown and Beauvale were the last two. The Heathcote Plate of 50 soya; 2-yr-olds and upwards. Weight for age. Winners extra. Half a mile. Lord Stamford's Livingstone, 3 yrs, Bst lib (A. Edwards) 1 Captain Christie's Miss Julia, aged, Bst 71b.. (Fordham) 2 Mr. G. Bryan's W e ll an d, 4 yrs, Bst 121 b ....(Custance) 3 Rattler, Mysterious Lady, King of the Forest, Lifebuoy, Attraction, Queen of the Vale, Toy filly, and Lady Emma also ran. Betting-6 to 4on Miss Julia, 3to 1 agst Welland, sto 1 agst Livingstone, 100 to 8 agst King of the Forest, and 100 to 15 agst Queen of the Vale. In consequence of King of the Forest refusing to face his horses, and several breaks away, the start was delayed some time. When the flag was lowered Miss Julia, as usual, was the first away, and came on with a clear lead in the centre of the course, having Livingstone wide on her right, with whom came Queen of the Vale and Welland, the latter lying next the rails on the upper ground, the others widely spread, being headed by Mysterious Lady. Half way in the distance the Baron's filly was in difficulties, leaving the three leaders to fight it out; Livingstone got to the favou rite's head opposite the Stand, where Custance made his effort, thence a splendid race ensued, Livingstone winning in the last stride by a neck, a like distance separating the second and third. King of the Forest was fourth, and Queen of the Vale fifth, the others were pulling up as they passed the post. The Brighton Stakes of 10 soya each, h ft, with 100 sovs added (handicap), for all ages. Winners extra. Three quarters of a mile. 29 subs. Mr. R. C. Naylor's Drummer Boy, 4 yrs, 7st 71b (Challoner) 1 Mr. Hodgman's Libellous, 6 yrs, Bst 121 b .. • . (Hughes) 2 Lord Stamford's Ellerton, 5 yrs, Bst 21b . • • • (A. Edwards) 3 The following also ran :—Suburban, Queen of the Vale, Spicebox, Lord of Linne, Southport, Walloon, Bosh, Rubini, Tease-me-not, Merry Hart, Ossian, Liston, Creole, Lady Fanny, and Qui c k san d . Betting-7 to 4 ag s t C reole, 6t o 1 ags t Li ston, Bto 1 agst Spicebox, and 10 to 1 ags t any ot h er . Lady Fanny,being th e qu i c k es t b eg inner, go t away with a clear lead, followed by Lib e ll ous , Queen of th e V ale, El lerton, and Drummer Boy, a wide interval separating these from Lord of Linne and Ossian, who headed the ruck. At the distance the leader died away, leaving Libellous in p os .. session of the lead, closely attended by Ellerton, Drummer Boy, Spicebox, and Suburban, to the Stand, where Drum mer Boy came out and won, after a fine race in, by half a length ; a neck between the second and third ; Spicebox was a good fourth, Lady Fanny fifth, Suburban sixth, and Ossian next. The Woodcote Stakes of 10 sous each, with 100 soya added ; for two-yr-olds; colts, Bst 101 b ; and fillies, Bst 71b. The owner of the second horse to receive 25 sovs, out cq the stakes. New T.Y.C. Three-quarters of a mile. 60 subs. Count Lagrange's Fille de l'Air. Bst 71b (Watkins) 1 Mr. J. F. Rowland's Molly Carew, Bst 71b(H.Grimshaw) 2 Lord Stamford's Procella, Bst 71b .. (A. Edwards) 3 The following also ran :—War Dance, Retainer, N mahal colt, Oberon, Loose Fish, The Count, Rosina colt, Sister to Queen:of the Vale, Roundhead, Alabama, Aunt Judy, and Alcyone. Betting-7 to 4 agst Melly Carew, sto 2 apt Sister to Queen of the Vale, 7to 1 agst Fille de l'Air, 13 to 1 agst War Dance, and 100 to 6 agst Procella. Upwards of 30 minutes were consumed before Mr. M'George was enabled to despatch them from the post, the lead being immediately taken by the Nourmahal colt, who was shortly after passed by Procella, the Rosina colt, Sister to Queen of the Vale, Molly Carew, and Fills de l'Air, who a llreetiisdt for second. Th e R os i na came on in a cluster to the turn, where P roce ll a gave place to the Rosina colt, wno he l d a clear lead t o t h e distance, when the favourite and Fine de l'Ai r joined issue, and ran together to half-way up , w he n the Fre nc h fill y came out d by half a l eng th, M o ll y C n are w colt was fourth, close up, War _ Dance fifth , Sister to Queen of the Vale sixth, and Lo ose Fish next; then came Alcyone and Oberon, side by aide. The Roue Stakes, a Free Ha ndicap of 20 scvs each 10 ft, and n eat r i a n t g h ePrroc cleverlyel labyi at with 20 , i so vs added, for 3 7yr-olds and upwards. Winners extra. One mile. 23 subs. The highest weight accept oth ing ers in being Bst 111 b, roportion.it has bean ra i sed to Bst 121 b, and the p Baron Rothschild's Wingrave, 4 Yrs, Bst 71b.... (Wells) Plausible 1 Lord Annesley's Ace of Clubs, 4 Yrs, 7st • 71b.... (D a l e y) 2 C o unt Batthyany's Prince tensible, 5 yrs, Bst 51b The following also ran :—Twilight (G. Fordh am ) 3 , - m Gardener, Balham, Gunner , Tease-me-no pyre, The Knave, Betting-100 to 30 agst Gardener, 4 to 1 agst Ace of Clubs, 8 to 1 agst Prince Plausible, and 10 to 1 agst Win grave. At the second attempt the flag was lowered to an excel lent start. The favoutlt_e,. after running a few strides, went to the front, and with the Gunner, Umpire, and Ace of Clubs lying up, came on with the running, ringrave, next the rails, heading the rear division. On rounding the turn Gunner dropped back, and the leaders were joined by " Plausible, Ace of Clubs, and Wingr Prince ave, who waited to half-way in the distance ;_ Gardener was in trouble, and Prince Plausible assumed the command, but dying away at the enclosure, Wingrave tpolc up the running, and won cleverly by a length ; a neck. between the second and third. Gardener finished a bad tourth Umpire fifth an interval of some lengths separating them from The ' Knave and Twilight, the last three being Gunner, Balham, and Tease me-not. The Horton Stakes of 5 Boys each, with 30 sovs added, for 2-yr-olds and upwards. Weights for with optional selling weights. New T.Y.c. Three quartsrs of a mile. 5 subs. Baron Niviere's Dirt Cheap, 3 (Z4O), 7st 101 b (Hunter) 1 Mr. R. Wales's Dinah EERY, 3 Yrs (£4O), 7st 101 b Mr. Brsyley's Surbiton Hill (Reeves) 2, 4 Yrs (Z4O), 9st . Cowley) 3 Mr. Morris's Andromeda, 2 yrs (A (f,40), sst 7lb Betting-5 to 4 agst Dirt Che a (Mordan) 4 7, P Hill, and 4 to 1 agst the Dinah filly. 2 to 1 agst Surbiton Won cleverly by a length and a half ; half a length be tween the second and third; bad fourth. SPIRIT OF THE PUBLIC JOURNALS, TIMES.—A Foreign Secretary who has to explain to merchants that their ships and cargoes are rea sonably detained, perhaps lawfully condemned, must needs have et difficult task. Besides that it is by no means agreeable to lose oat of hand, with ex penses besides, and much insult into the bargain, what was computed to be worth £lOO,OOO had the enterprise prospered, the Englishman has a special difficulty in understanding how this can be accord ing to law. Our own law between one British sub ject and another, the administration of that law, and all our legal notions are proudly national. They are in the spirit of our Constitution, and are supposed, with good reason, to represent the moral peculiari ties of a free and liberal race of men. The indivi dual here has a larger measure of liberty than any where else in the world —at least, in his relations to the State; much is left here to public opinion which elsewhere is rigorously enforced by law ; everybody is assumed to be innocent till proved to be guilty ; we give the accused every chance, and give him an early, quick, and final adjudication. It is almost needless to add that the tribunal is without suspicion, and they that enforce the law or lay it down are faultless and disinterested. When a Liverpool merchant sends a valuable cargo across the Atlantic to Nassau or Al atamoi as, he finds him self in an entirely new region. The ship is over hauled and searched, before even it can be sus pected, in quest of possible grounds for suspicion. When the closest search has not elicited anything more than grounds for suspicion, the ship is carried to a port far out of its course, and kept there any length of time, till the owners, at great cost and inconvenience, shall have proved that the ship and the cargo were not somuch as intended for the blockaded or the belligerent port in question. If in the opinion of the court the ship or the cargo were destined for that port, even though they have only a moral certainty, the ship and cargo are condemned, end there is an end of the matter. The owners lose ship and cargo, and are not a little aggravated. Nothing can be more contrary to all their notions of law. They have no respect for the captors, having probably supplied them, perhaps being still engaged in supplying them, with munitions of war to any amount. It is the mere accident of superior force which enforces the alleged law in one case and secures its syste matic infraction in the other. The same belligerent maintains a strict blockade with the right hand and holds out the left for contraband of war. It is but too natural that the British merchant should ex pect the scales of justice to be weighted at Key West. The judgment has been pronounced without one tangible proof. What is worse than all, the merchant k news it to be founded on truth, but he had taken a world of trouble, and gone to great cost to disguise that truth, and that trouble and that cost have been all thrown away. But the reason of the case shows that the law cannot here be framed on our principle of giving every chance to the accused and requiring the most absolute proof from the ac cuser. The law must be set by the belligerent— that is, the captors, who lay it down under strong provocation to stretch the law, but also under great inducements in the other direction. It is necessary in their interest to stop the commerce of the enemy. It is often, as in the present instance, the only way in which the y can effectually carry on a war which they believe to be a war for self-preservation. If the Federals cannot maintain the blockade they have not a chance, for it is evident they are powerless on land. The sea alone is their element. It is a fact patent to all the world that commerce is not stopped, and the blockade is run continually. Never was there so much shipping in the Gulf ot Mexico; never was Nassau so lively ; never had Charleston itself so brisk a trade. So many ships run the blockade that it has been suggested there must be some un derstanding with the blockading squadron. No doubt, however, the Government does its best, and has good reason for so doing so. The American Prize Courts, then, have good reason to push the law to an extreme as regards the degree of evidence on which the ultimate destination of a ship or cargo, as well as the ownership, are to be proved. When a man is engaged in mortal conflict he naturally allows the instinct of self-defence to turn the scale. On the other hand, the Courts have to consider, first, that they do not pronounce so decidedly in the face of facts and of law that they draw another enemy down upon them ; and, secondly, that what ever law they lay down, or whatever precedent they set, they will one day most assuredly have to accept from another. The Federals must be well aware they are fighting our battles as well as their own. The time may arrive when we shall find ourselves once more compelled to push to the utmost the rights of maritime warfare. It will not, then, be safe to bind ourselves to the doctrine that everything may be permitted on land, even to the laying waste of whole provinces, but that the sea is sacred to commerce and peace, and must not be disturbed. The sea is our element, and we must be jealous for its rights, of which we are the chief guardians. These rights are as much in the interest of political liberty as of free trade. We will not enter into the merits of the several cases referred to in the House of Lords, feeling pretty sure that the unfortunate owners of the detained ships will have as much attention and consideration as Lord Russell can give them without sacrificing the national birth right. But there is one remark we beg leave to make, and we do it because the owners apps ar so entirely and unaffectedly innocent of the destination ascribed to their ships and cargoes. It would be in teresting to know precisely what these cargoes are, and whether they are such as would be naturally sent to the ostensible destination in the ordinary course of peaceful trade. In the case of a ship suspected of the intention to run a blockade, it may be that the cargo is itself very inoffensive, though still not such as might be expected to be sent to that part of the world. The character of the freight must always be a most important element in the question, and we do not remember to have seen it stated with any particularity in any of these in stances. Indeed, as Lord Russell observed on Mon day, the question of fact is at issue, and where there has been a decision the terms of the judg ment are not yet in our possession. England must consider well and long before she takes up the quarrel ot a few traders who may be doing what they know to be substantially contrary to international amity and law, but who had flat tered themselves they were clever enough to cheat hostile cruisers and Prize Courts. If those Courts have their opinion, so also have we, and it is possible we may agree with them in thinking the cargoes are meant for a more exigent and more populous community than the inhabitants of Ber muda or the Bahamas. We shall not go to war for a bad case or to avenge the injured innocence of men engaged in a mercantile lottery. Their gains we do not grudge. They are welcome to all they can get by running the blockade. They have lost their regular trade, and have a sort of right to try their hand at that which fortune and war itself offers them. The Fede rals cannot impeach its morality. What we ask is that they shall not drag the British flag into the question before it is absolutely necessary. It is good for something better than the protection of smuggling ; and, after all, blockade-running by neu trals is no better. When there is a clear case of gratuitous wrong, amounting to a national insult and defiance, then we shall know what to say. HERALD.—There is nothing more forgotten in practice, and yet nothing truer. than the position that the whole civilised world constitutes one great family. The members may be far apart ; they may have divided, and even antagonistic, interests for the time, but no injury can accrue to the one with out impairing the fortunes of the others, in some manner. he relations of mankind in our days are brought into close connection. Commerce and diplomacy, intelligence and enterprise, bind them. Steam and electricity, and the wonderful march of engineering improvements, make the great capitals like the leading cities of the same country. We may be said to look upon the battles of Europe. Those of America are within a brief reach of us; and the special correspondent brings the actual facts in a series of graphic tableaux before our eyes • eiis s nearer intercommnication of modern society pr esses on us with a heavy responsibility. There is no )r fair excuse now for apathy. In form er ages th e lands were isols ted. The sea was dissociable, and forbade communion. There was just and natural reason for a selfish neutrality. The term however muc in vogue now, does not belong ; a humane and Christian vocabulary. It is bru o tal to stand by and see brothers tear each other's throats ; and the nations of Europe cannot escape this censure. We do not for the moment say that intervention between power and power is always wise and politic. But we contend that the necessity, if any, for abstention, is barbarous, and must weigh as a sin against a civilised epoch. The struggle taking place now in America has every point to command our sympathy and pacific interference. It is before us. We cannot shut our eyes from it. Day by day m essengers arrive with su c h a li vely picture of the whole conflict that we know more of its scenes and actors than we do of the affairs of our own country. Our best interests are concerned in the ces sa ti on o f this quarrel. Its Continuance is silently revolution- /ice ~~ PRICE .4d. S'rditlPED ising our manufactures and commerce. The port of London and the port of Liverpool are affected by the same destroying agents which aro gradually shutting up the mills of Lancashire and Cheshire, and changing their industry. The ruin of in the Ame rican States, Confederate and Federal, isitself loss to the whole human family. It is so much riches and power taken from the civilised world. It is so much progress cut off from the commonwealth of nations. Ages will not repair the mischief done. Centuries will not restore the thtivance and happi ness ruthlessly abandoned. Is this a case, then, tor neutrality? Or is not the policy heic cold-blooded, savage, and stupid ? There is no appearance of the end. Grant that Gen. Hooker were successful, and Richmond in ruins ; that Lee and his army were an nihilated. Another Lee and another army would spring from their gory remains. Girls and women would fill the voided ranks, and take the place of the youth slain. But conquest here is not subjuga tion. There is a vast area of territory, and there is a scattered population. There is fierce hate. There is black wrong. There is undying resolution. Here there can be no victory. For the enemy will still hold the field, only shifting its position. Mutual extermination is all that can be expected. Is this butchery to be permitted by the Powers of Europe? Are crimes and atrocities which cast us back to the days of early barbarism to be perpetrated al most before our eyes and amongst our kinsmen ? If neutrality be wisdom here, then it is the wisdom of the fiends. It is the cold Mephistophelian gaze on the slaughter of brethren. It can effect nothing for good ; it must b e p ro d uc ti ve o f evil, Let it not be said that Europe has no power to stop this quarrel. We ass er t th a t s h e h as — a peace f u l au thority, too, which need only speak and not draw the sword. The Federals would listen to the voice of united Christendom. Such an issue has been sought by some, at least, of their chiefs, and would have answered. But, admit that they were obstinate, nothing but the refusal would b e i ncurred. Th i s France has already experienced. B ut i s France worse off now for her interposition ? Are Paris and Washington in less close alliance ? Has England gained by cautiously standing aloof ? Ask our mer chants, interrogate our shipowners, question our travellers, read the public dispatches, and the dia tribes of the Northern newspapers, to learn what Great Britain has gained by her determined spirit of non-intervention. The attempt at mediation in any event would be humane and honourable. It would draw the Powers of Europe into alliance on a matter which concerns all nations in some degree, less or more. England, France, Russia, Austria, Prussia, Spain, Portugal, Italy, Belgium, Holland, Sweden, and Denmark, all combined in one pacific and Christian request, would carry with them the highest sanction. Here would be the vox poptdi in deed. That would be a bola and strong nation, or fragment of a nation, which could successfully resist such an appeal. A rejection might well be followed by the recognition of the South, on the supposition that it had accepted the mediation. Something of this kind must be done at last. There can be no other solution of the difficulty —no other tetraination of the war. This is not like hostilities between foreign nations. Here it is a veritable contest of kinsman against kinsman, of brother against brother, of citizen against citizen. Only some for cible and persuasive external power can drag them asunder, Let there be an armistice—an armistice will lead to peace. We know that while we write the sudden success of either of the foes—an unex expected victory on one side, a Signal defeat on the other—might assure the conquerors. But the de struction of whole armies, the capture of an entire commissariat, the utter rout of grand divisions, will bring the enemies no nearer to final triumph or final submission. To the victor proud and vaunt ing here, the crushed and defeated foe there will utter defiance to his last breath, and wreak his vengeance with shattered limbs and broken wea pons. Again, we repeat, there can be no subjuga tion—and even, if possible, its inevitable conse quence, a military government, would be impossible. The most shocking problem of the age is the apos tacy of the Peace party during this war. The Friends have become bellicose and ready to battle with fisticuffs. There is no mission to Washington now. No mediatory addresses. No Exeter Hall gatherings. No denunciations in Parliament. Broadbrim is mute. His love for the negro has made him obdurate to the woes of his master. — Union and Secesh may cut their throats, if Sambo can wriggle off his shackles. This is not only hypocrisy, it is latu:ty. The extinction of negrc shivery is not advanced by a savage struggle —or, if it is, the do mestic treason and butchery stimulated are evils too dark for comparison with the worst phase of servi tude. If these mouthing peacemongers, these osten tatious zealots for abolition, had only dor.e their plain duty this abominable contention would have been ended long ago. The Peace party, as it is called, is not powerful, but it has its influence. This arises from the demonstrative turn of its leaders. Their exertions in the cause of tran quillity would have found large support in this country and elsewhere. It is Lot too late now. The spring campaign has only just commenced. The wrath, which had somewhat subsided for a time, has not yet been entirely rekindled. Many weapons are still in their sheaths. It is for this reason that we ourselves attempt to renew the cry for mediation —a cry which has been ours from the beginning. There are cases where neutrality becomes callous indifference, or coarse and brutal sanction and en couragement. The present issue is of this descrip- ion. v We cannot lie neutral and civilised and Christian here. And withal, our policy is narrow sighted and disappointing. For whenever the end does come it will come by mediation, and not be fore. The present Government is doggedly sullen on this subject; it has been said—God forbid the sus picion—with the diabolical intention of witnessing the wreck and utter extinction of that great republic which threatened the future of the old monarchies of Europe. If this be the Machiavellian design of Ministers, nothing can be more repugnant to the sympathies and ingenuousness of the entire British population—nothing more suicidal and destructive to English interests, and nothing more hostile to the progress of the whole human race ; for this is not a question of policy, but of humanity, Chris tianity, and civilisation. POST.—To-day the great annual holiday of the Londoner returns,and the metropolis and its suburbs will be almost depopulated in order to cover with their thousands the downs of Epsom. At an early hour all will be astir. Every species of " trap," from the four-horse drag down to the costermonger's donkey-cart, will be put in requisition in order to supply the necessary quota of vehicles which will stretch in an unbroken line from Clapham-common to the Derby race-course. Special acts are certainly not passed by the Legislature to anticipate by a day bills falling due on the great Wednesday in the racing calendar, but in every other respect unmis takable evidences are afforded of the hasty and ear nest intention of the denizens of the greatest com mercial city in the world to discard the cares and anxieties and obligations of business during the hours devoted to ascertaining to what horse in par ticular for the current year ought to be awarded the blue riband of the turf. On these occasions the House of Commons invariably suspends its sittings. tae I No matter how grave may be the interest a h t .e B no matter how important the debate whin i still unconcluded on the eve of the Derby D a y, interests must still pend, and 0 . Ir'hnisterialists and thosemust. remain unfinished until both Opposition have paid their annuenel3valisditethou Downs. Some five years the t e on Epsomt which involved the Government of India, sta bility of the then Administration ch to the surprisein thiskoifngadom was thus cut short, (l b r h i a l I p i a l) l e ) n t levd oa tf the i m dis tinguished Frenchm an u n w o i p o o r a t t io t n h onta ena ert pampbletßuwthi.ch M.d re M 1 b written y marks foreobrlm of go shortly afterwards ngch p a u r b t l t the distinguishi h than that in w lc he comments on the vernment ; t a r interruption of a great party cont ' singular contest i • the fate of a volvingGovernment and the future destinies of a mighty and distant empire, by pp ren tly so simple and so com mon an incident a a as a horse-race in the vicinity of the metropolis, yet that incident testifi e d (and rightly so) more strongly than the mo s t m i nute examination institutions could ha ve d one to the heartfelt l of our deuce placed by the E ng li s h people in that l c i onfi - p system by whi c h th ey h ave elected to be o tical g The fortune s of Adtnicistrations may at r any)v e r tnim e d . be in the sca l e, but, it is known th a t whichever way e the beam tu rns , th ose w h o h appen to be in the as cendant will conscientiously study to advance the true interests of the nation. The English, happily for themselves, watch contests in the political arena of St. Stephen's much as they will do the race on the Downs to-day. They may have particu lar likings and partialities (and no one is free from them), but as a class the pervading sentiment of all, in the one case as in the other, might be fully ex pressed in the sportsman's wish—" May the best horse win." Regarded as illustrative of the estima tion in which a particular species of amusement is held by the English of the 19th century, the vast concourse of people which annually congregate Epsom will for ma n y y ears to come attract the at at tention of the commentator on our national cus- , rn _Az= eo . vii„ les. • 0\ 1 tousle There may come a time Vies X;4 4 • 'i r? , will cease to hold its present tingt,Oilatiig‘/,e27 curious inquirer into the meanino 2 !? - phrases may have to search a glossary i jor t e - 17 - planation of the word "turf." But that time, we. believe and hope, is still far distant. Regarded irre spective of those adjuncts which unfortunately have now becom e inseparable from it, the practice of breedin g an d tra i n i ng horses with the view of de veloping th ose qualities with which nature has en dowed them, and subsequently testing by actual e w x h p i e c r h i m h ae vneb t the been results n s e employed,the l a d n d s e theem o time one which oug h t to be long-lived. It seems per fectly intelligibl e w h y the savage amusements in which th e people of past ages delighted have go ne to out of fashi on . T he gladiatorial shows ancient Rome have n o p ara ll el at the present day. o . n Bear baiting has disapp eare d from this couli . ry, and bull-fighting, there is reason to hope and believe, will shortly cease to be the chief national amuse ment of the Spanish people. But whilst we pride ourselves upon the excellence of the motive which has made horse-racing what it is in this country, and the harmlessness of the amusement itself, we would do well to consider whether horse-racing, considered in its entirety with those adjuncts to which we have already alluded, does not contain ‘sithin itself the seeds of its own destruction. Eliza beth honoured boar-baitings with her presence ; the present Sovereign, until prevented by affliction, annually visited in state a neighbouring heath, and sanctioned what she considered to be a becoming national amusement. The time may come, however, when the reigning Sovereign,with his or her Court, would sooner attend a horse race than her present ' Majesty would think of going to see an unfortunate bear confined in a pit and worried to death by dogs. That the " turf" is no longer what it was is a fact which does not admit of dispute. It has sunk below its former level. It is not composed of the same men ; we doubt very much if it has the same code ; and it certainly furnishes scandals more fre quently than of old. The objects of the turf have also become singularly changed. Formerly the end of horse-training was, as it ostensibly is now, the improvement of the breed of horses. Then bets were made on the trials of skill to which horses were subjected; but the practice of making them was, so to speak, ancillary to that of testing the merits of the horses who ran. It is now, however, different. Betting is the all in all of the racing man. Even the cups and the other prizes awarded to the owners of successful horses have ceased to possess that sub stantial attraction which they once possessed. To come in first past the winning post according to the present system, by which the making of " good books" is the great end and aim of the horse breeder, although it may make the owner possessor of a valuable prize, will inflict upon him a pecuniary loss by diminishing the odds given against hishorse for future races. Hence the interest a man may pos sess in losing a race, an interest which in the infancy of horse-racing was happily unknown. It would be idle to multiply examples, or to show that horse racing, unless conducted on principles of honour which many " respectable" men on the turf would consider Quixotic, is little else than a mockery, a delusion, and a snare. It is impossible to divest horse-racing of its concomitant evil, the practice of betting; and when this evil has attained itspresent gigantic proportions, we may well tremble for the security of the . difice which it has already begun to undermine. The race-courses of England unfortu nately hold out the same temptations as the gam bling establishments in Germany, the licensing of which we so pharisaically deprecate, and many a man will know to his cost to-day that he can lose his money with the same facility on the green sod at Epsom as on the green cloth at Hambourg or Baden-Baden. It is indeed to be regretted that an innocent and really meritorious amusement should be inseparably wedded to one of the most degrading vices with which humanity is cursed. COURT OF ALDERMEN. A Court of Aldermen was held yesterday at Guildhall. The Lord Mayor presided, and there was a full court. Among the aldermen present were Messrs. Copeland, M.P., Wilson, Humphery, Sir J. Duke, M.P., Sir R. W. Carden, Finnis, Sir F. G. Moon, Abbiss, Mechi, Phillips,Gabriel, Chal lis, Carter, Allen, W. Lawrence, Besley, Gibbons, Waterlow, and Alderman and Sheriff J. C. Law rence. Mr. Under-Sheriff Farrar was also in atten dance in his official capacity. Mr. Under-Sheriff Mackrell was prevented from being present by in disposition. THE CITY PRISONS. Mr. Alderman and Sheriff LAWRENCE presented a report of the state of the City prisons, by which it appeared that there are at present confined in Newgate 205, in Whitecross-street 93, and at Hol loway 406 prisoners. 'WEIGHTS AND MEASURES. Alderman COPELAND brought up a report of the inspectors of weights and measures of the number of convictions that had taken place during the year 1862 among tradesmen for using unjust weights and measures, and he said it was satisfactory to find that there was a considerable diminution in the number of such charges, particularly in those districts of the City that were occupied by the poorer classes who was the greatest sufferers by frauds of this description. (Hear, hear.) CITY BROKERS. Mr. Henry Hall and Mr. George Seymour were sworn in as brokers, and Mr. Thomas Clarence was discharged from the office at his own request. The usual precept for Midsummer-day, and the order for keeping the hustings clear on election days, were directed to be issued. PAUPER LUNATICS. • It will be remembered that at the last sitting of the Court allusion was made to the subject of the great expense that was cast upon the City by what may be termed pauper lunatics being sent from dif ferent parts, and particularly from abroad, into the city of London, where the ,magistrates were com pelled to provide for them ; and it was said that it might eventually become necessary to consider whether a county rate might not be required to be levied generally upon the citizens to defray the expense. The idea that a county rate for this pur pose might possibly be added to the already heavy burdens borne by the ratepayers of the city of Lon don naturally created a good deal of interest, and a great many of the parishes have held meetings to consider the subject. t Aßß hr i c S h S ur p e r h e w se a u r t d e e d ns a , guardians of the parishes within the city o f _ n d oe Court Ald er f m ro a m n the oe Union, praying the Court not to pr oc eed petition o:erse f e L rs t e , o n end of maintaining pauper lunatics whose s ettlements can hose question of making a county rate for t he P not be ascertained, the necessary fu n d s. Council shall have haelouvnaindtiilnopthe Court of Common g portunity of consider ing the question of pr The worthy alderman sa id that, although h e f e l t i t his duty to present tho petition in acco r d ance with tlie desiro of the petitioners, he mu s t at the same time state that a very great misapprehen• in point of fact, sion had gone abroad as to what had occurred there was not the slightest intent' at the former Court; and, a deed a tthey upondid ntoht possess citiz e citizens e f P r o w a e n r y , ion, and in ohsf hoped pc making d ipthu that pose as the one referred to. He said he this statement would have the effect of removing the misapprehension that prevailed upon the sub ject. (Hear.) ELAND, Alderman COP M.P., said that possibly the idea had originated from the observations that he had made on the former occasion, but it was very far from his intention to have it inferred that the Court of Aldermen intended to make a county rate for the support of the pauper lunati the - den of w h ose maintenance was thrown cs, upon bur the City of L on d on. The Court of Aldermen, in the first place, had no power to make such a rate, and the only legal tribunal for that purpose was the Court of Quarter Sessions. (Hear, he ar .) At th e same time he must observe that a regular system appeared to prevail of sending lunatic paupers from all parts of the world into the city of London, and if the burden of maintaining Fuch persons were to be thrown upon the City's cash, it would become gi serious matter, and it would certainly become ne cessary that something should be done. So far as a county rate was concerned, however, the Court of Aldermen had nothing whatever to do with that question, and it was certainly a most erroneous im pression that prevail e d that they had any intention to take s uc h a step. (Hear, hear.) ng t that w i e . tsh theth e The LORD MAYOR, after some further desultory c c o o n u v r e t rs o a f tio A n l , de e r x m p e r n ess hea d d opinionannoti question. the petition could not be rec • d eive , but he said that, of course, it would be underst d oo that not the slightest disrespect • was intended to the pe tioners. (Hear, hear.) The suggestion made by the dLo accepted by th e Court, and after the r lay or w as p riv ate matter with closed discussion o f a journed. ol ours ) the Court ad-