The Sun. — London, England, 1853-09-06 00:00:00

.ASSESSED TARS. - =- By an Act of th© last 4efsion of Parliament , 16 and 17 Vict., cap. 90, entltled r. trig other or,repealing certain duties of Assessed Tape=, and itr f an in the duties of the same siescription," pertain exemptntus MI It i s " ° t A ssessed Taxes are repealed from the sth Apia, 18 1 )4 th e 5h .enacted that no 'Person 'kc Ting any taxable article after law April last, in respea-ot whole exemption is allowed by the menci i _ n r oce, shall be liable to lte. issessed in the year cz , artio e ° r om r the sth April, 1.54, lie shall not retain h lik, e4 tlc_ be 10th October next, in England, Wales, or Berwick or 1,10. 1 ,,7; or, after the 22nd of November next, in Scotland. e m d o ' IS HEREBY GIVEN, that al persons now retaining Hat e Y l n ,gany Servant, or keeping or using any Carriage, Horse, elm" e ' Which , Under the law relating t sse,sed Taxes, is now other's`rtooini datY, Must 'dhtcontinue such Servant, Carriage, ec be ore the if it.sident in England, Wales, or Berwick-upon- 22d No d : ve nibee. .pth October next ; or, if Scotland, before the 'Pant ',°,therwise they will be liable to a• sessiment for such S ' er• A mt, tasTer taxable subject in the ensiling year, commencing 6th subj ects Any i nformatirtn which parties may desire, as to the es t , 'Mulch are now exempt but which will be chargeable in the Tszeagerstchael d ye is a r r r i e w t i l l ri l be fu • h d to them by the Surveyor of which ' such parties respectively reside ih,...13y order of the Hurd. THOMAS KEOG t!, Secretary. '"`" , d nev e T „,, Somerset House, 30 th August 1953. AssRESSED TAXES. COMPOSITION. .dote a of 6th a n d an Act passed in the last Session of PArilament 44 41 ed fro9o, the duties and P s , sged Taxes upon Servant , Carriages, Horeesr,og_ressive are t et 1 13 the sth Apt% 1854, and in lieu thereof a oth, r te ° i_iptY is. imposed from that date upon each fix S e erv a a n nt si7th Viet" cap. rat °I Corn - resi ,,ole subject. It is provided by that Act that . Co ' iitracts, a nd i n ..ion for Assessed '1 axes shall continue in full force Lase so the amount therein mentit.ned, unless the persons who 1854 pounded shall determl; e their Contracts on the sth so to do b Y giving notice in writing ft their intention th ey ahal t to the Surveyor of Taxes for the istrict in which °etober next 1 EuPectively reside on or before the 10th day - of shall at qlt is further ri ovided that if any such person l'i(N ry „"e same time and in like manner give notice to the x..stahnot'Yor intention to discontinue the use of any increased and ~La ,or any p art thereof, not include d i n such Composition, --e sth th ,“ertiallY cease to lo e p th e same or e calendar month before ‘ 4, elit o f t ?: ° r APIII, 1851, he shall not be chargeable in the ess- Li oned said duti es for the year commencing from the last imp- Whi c h i ',•73 for such decreased portion of his establishment, respecting as 4,0;44411 have given such not tce, and shall have discontinued . boned ti „ 4 , l . The necessary forms of notice in the ct.s: s aboNe rnen- Slay h' e 1. any inforrualon which parties may desire on the subje..t Llett , n ° t a ineri on applicati n to the Surveyor o' the eistr ct in By a weso r d e P rof respectively reside. and , t ow .. r t e e, Somerset HousTHOMAS KEOGH, Secretary. 3 0th Aug., 1853. SALE OF OLD STORES AT GOSPORT. ADMIRALTY. SO viERSET-PLACE, 3d September, 1853. Tfit C MISSIONERS for Executing the 4 a n .ee_ of Lord High Adrt iral of the United Kira d'itt of Great d, , do hereby giv notice, that o , n TU . ESDAY, t 1 . 7 1 clock at noon, the :,',lpta nntend r ett atlkivt.,u_lbs:otanftinslta,iliet°l.7732 0 Prj, e r i a s ! to of Oar: tic, Victualing Yard T atn Tongues, Old A rt. _ . , Ons, 8, 5 ' 2, 1 ! STORES , consistiog of servl i cea ß b w e ks o , Cooperage g ries, Rags , Paymasters ecessar es, ' 4 01 . 1s w all lying in the said Yard ' tp. 'Ong to view the lots must apply to the Superintendent -- of ittiti,„„ and for that pu• pose. - ..e3 and conditions of sale may be had here and at the e o , FOR TEAMS OF HORSES FOR PORTSMOUTH. Department of the Storekeeper General 0 , the Navy, ..„Tlit 0 Somerset-place, Beptemrer 2, 1853 e 2 7th ni Do r ?rolnissioners for executing the Office of O,L 4 gh HEREBY GI Admiral of te United Knigdom of reat itrituip tee h IC GIVE NO "C that onG TUESD AI, h `Non,at One olock, they ill be ready to treat with sue!) "ocltymig at Po rtsmouth with Contract for supplying Her Majesty s a p TEAMS OF HORSES. ~11 ' 1,17,T, of the Tender be seen at the said Office. No Ten received after ma o'cick on the dad of treaty, nor wit - s`lhoili n Teed unless the patty i' attends , or an 'agent for him duly tvel.;" 10 Writing 4,1 d tender must be addressed to the Secretary of the Admiralty, te 4 NI - ` 4 lzu r in the left-hand corner the words " Tender f Te.ins," si Zett er s t also be delivered at Somerset-place, accompuried by a -'444 vn ' gned by Two responsible persons, engaging to become krf°-roant th „h e Person tenderi,g, in tbe sum of 500 /. , fur the due of the Contract. BEATe WESTERN RAILWAY. k u , :Vox, EXCURSION TO SOUTH WALES. Itt,Pad d i ng ` t " -- Y, September 19, an EXCURSION TRAIN will I.lva XewPort" at 8 o'clock A.m., for Carmarthen, calling at Chap- Cardiff, Brid,end. Port Talbot, Neath, Swansea, valee of x2,realbrey, and also at the followin; Stations on the ret ure Ta Lailway, tiesolven, Glyn Neath, Ilirwain, and Atter- Or n )bal , . 1 5 to Paddington from the above st.tions cat WED he 28th Setember. Ihe Public will thus c h h ay s e to a w n TTLIa, 5 visiting Tintern Abbey, the River Wye, and th it , I , :x eur j. as the Magnificent ,cenery of the Vale of e tieath. 'aa th e izeNnllsi e b a e so t n be . last which Will take place to South Wales l q e Zstl, 4 , Fares There and BAc r k ,t . Class. Closed Car. 11 4 ,, ( .11 or ~.,• • • • • • • • • • 15,. .. I Is. 6 3 . , .g Cardiff .. .. 17s. .. 12a. 6d. •• • • klh e4 o cl i . s " Port Talbot .. .. .. 20s. .. .1 7 6 8 5 . . 6 6 d d . . '11e11.,,, Wan Sea .. .. .. 22s. • • I b 4, 111 4 " ,* Penlb re .. 255. • • 20s. Od. A Nv rth e , .. Y • • • • . 2els. .. 225. 6d. d are eniGhl b-Neath,Mr;ain and Abe.r -4'44 on the Vale of bleat!' Railway .. 25s • 20s. Od. K ttir s i r ,"ekets are no* transferable, and are only available for iLe ,l'eet o '', 4 Trains. They may be previously obtained at 27, King h-111-' - ,.."eaPside • 269, Strand • 25. Regent-street, corner of Jer• 44 1:IL —et ; and at theseaddington Station, where handbills of likkf d larB May be oba ''....,...2......._18t0n Station, Sept.), 1853. P t ll LONDON INDISPUTABLE LIFE POLICY COMPANY, 72, Lombard-street. J, t TxusTEEs. /tl eir i r ol Renton, Esq. Ri c hard Spooner, Esq., M.P. Maims,Esq., Q. i c 31 • P. I M James Fuller addox, Esq. ~ William Wilber.orce, Esq. NI FED KINGDOM LIFE ASSURANCE COM PANY, Established by Act of Parliament In 1834. No. 8, Waterloo Place, Pall Mall, London. The distinctive features of the Company embrace, amongst others:-- ables of Premiums formed on the lowest scale compatible with security, and constructed to meet the various wants of assurers, and every risk t which protection by assurance can be extended. one-half the Life Premium for the first Five years may remain ca credit. - • -- --- Loans tnted on approved Personal Security. ~ssured r•ot restricted in their limits of travel, as in most other 'ninuanies, hut may proceed from one part of Europe to another in decked vessels, without License, and to British North AineAca, and many parts of the United States, without extra premium, by merely giving the ordinary notice to the Office in London of the intended visit. Whole-world Policies granted at slightly increased rates of Premium, thus rendering a Policy In money transactions a real security. Prospectuses, and every information, may be obtained upon appli cation to the Resident Directly., TOZEAU'S COPAHINE-MEGE, or Saccharatta C tPSULESt, approved by the French College of Physicians, and successfully administered in the Paris and London Hospitals, and acknowledged by them to be the best remedy for the cure of Gonorrohcea, Gleet, and Leucorrhceal Discharges, on an average of six days (see " Lancet " of 6th Nov., 1852, an extract from Which will be forwarded immedi deb/ on application).—Prepared and sold by G. Jozeau, sole French chemist, 49, Haymarket, London ; and Jozeau, l'harmacien, 161, Rue .‘lontmarti e, Paris ; at Liverpool, M. Clay and Abraham, chemists, Pold-street ; and the principal chemists of France, England, and the Colonies. Price of bottle of 100 capsules, 4s. 6d.; 50 do., 2s 9d., with direetions, and stamp with the name of Gabriel Jozeau printed thereon R A Y ESEN PACK ETS. the Grays, Green] D S T N other The Pa !r Packets call at tithe, and Puidi DIRECTORS. W illiam Ad am s, Esq., Henrietta-street, Cavendish-square. li °l4l Atkins, Esq., White Hart-court, Lombard-street. , / ,IN'Y Augustus Bevan, Esq., John - street , A mer i ca - sq uare I t 'un Dangerileld, Esq., Craven-street. , tran,l. 4' Henry Forman, Eq., 0. finance, l'all-)tall. 4 °l ln Hamilton, Esq ,Altred-place, Thuflow-square. t 41.0 Matthews, Esq., Arthur-street We-t, City. W,,,,Letavius Parnell, Esq , Norfolk-street. • ark-lane. 'tarn Williams, E q., Rood-lane, Venchurai-street. 1 1 PADDINGTON LOCAL BOARD. e ih ek, a 24, Connaught -WI race, E.lgw.tre-ro ‘d. aMes Shergold Done, A.M., St.lnhQpe-street, Hyde-park. G4Er tarp , reed, Bedford-square. and St. Alhans. " 41 14 4 , 4 sden, Esq., Maida-hill West, and Bedford-row. o._%l4 , ,: i le . M . b_erten, Esq., Eastbourne-terrace, Hyde-park, and Lin nelds. )0 4 cata r ` ~} : tobson, Esq., Eastbourne-terrace, Pyde-park, and New ". p rin ler, Esq., John-street, Bedfo , d-row. pie Doli,, SECRETARY—Chas. Hcehton, Esq. 1g „Aqs,,,s lB of this Company being indis,anable, form 1 0 A M i. l ri L t Y t r got 8 and NEGOTIABLE E , IJR I TIE for their v i a m i y IlspioP2dent, as tithe case of , rdinary polio es, upon the rePerts a other eocuments. ILEX. ROBERTSON, Maniver. .E,..N. DAYS. SUNDAYS. cu CU J CD , 4. , F. • 4 I r; • -. 4 CD s: 0 'e• race r.', 1 ' Time. 4 . 4 VI 4 W Pier . 1 ' P , 1 '' i t s <9 c 0 g 8 _ 8q -.if., ti a _ 11 -- Is., 11 I/ 2 -, 5 _ _ . 7 8 -- —7% - 7 7% 5 , tee CONSUMPTION, SPITTING of cos: 1 1 % „pi) NIGHT SWEAT ;, and FEVli.lifS.—lm ‘ rm , I tlii;. 4l .llp e .„, c ,.e r l by pAse , ‘E'S CONCENTR k TED COU I ,II end 'tea 8.; `.OX MIXTURF in all vffeclons et .he t chest, en all t eas f %ugh oar. , eness wii, zi diffica , Ini u 7:7,!•owev - er i o nn c terate. this hlithly successful re edy 4 411 It ue only frpdieirip upon weich ' entire reliance can be tl, s also very 1 bl in the febrile affections of children r , Q t y._ ry v u e Lp he ad DIgORDERs, liver coinplaint., Indigestion in all its , „'%,:,'. l . l Lk,:_ ch M loss of appetite &c., i'A , COE'S Tit l yr o l , s. -- p i n e, l , l ,, ellect a radical mire, as prove by numberless tes ti be pared only by the proprietors, Henry and Co , with e 7 obt 4. tare across the Government stamp none is vnuin rc e .- 11 . " ,,,, 1e through H,rclay, -;utton, inaer. &c ,or any 'e vend in bottles at Is. 136 d., 28 9d., and 6d. hol%ale depot, Bohemia-place, Ilackney. t `rains fro boat on buses from uarter of a WICK 1 lovr•fof Direo The 8 °lnuit eery (IL RUNS' on the Boats m Monday NI ornii Fenchurch-str , ,T 1 hour RA R rains [at ked t Ings does not g !net Station ti stop at Purfleet. to all parts of Londo F, BLACK from the F :WALL, on 'en, hurch-at the arrival of the fol pet Station, WEEK DAYS. ' SUNDAYS. 41) .Si .. , .2 _ g „.... .. „ ...., ... • Fen- •O t _ '---. :.E' r., . Fen- 1 4 ..:z a; 7 .. 0 › ... 1> church '-= ... V ; ts I , church 8 4 t , v . .g Street. 4 :.=-. 0 6 8 Street. A o 4 L . 0 8 44 ,-, g CD M . _ __ -- _ ___ -- --- -- -- bii _ _ to 4, — 9 10 4 -- II 4 10% -- 12 4 --•- I 1 -- -- 14 - 14 214 . -- 2 .... 3 4 314 -- _ 5 4 % - . 5 4 6 —.- -- 64 I , Passages marked * are run direct. Fore Cabin. Saloon. r_ __ ~.„ artmesend and L0nd0n.......... 10d. .. ls. 2d.- ._ _ ktBTAKE NOTICE !. ' . olt& & L. ".• PERRY & (O CINTINUE TO BE ON. A b6,,,.. 1 4 19 , CONSULTED AS USU 4 1 , , -,s. EE T OXFoRD-STREET, LONDON, SECRET Au , n OP SS:LE-ACQUIRED MISERIES • AND D SAPPOINTED HOPES. 111 N THE SE, ENT FRIEND. tiste, e tere te In Six Languaees-Fifeeth Edition. teed e e'Nel Tom 1 , * p 'TION OF DISEASE. k .3. O ne Hunched Anatomical Coloured Engravings and ~,,It i Cases. lel; n r, ' ... eniar g st e a d bi t i o eu tri et pnes, price n te s i• ta .ll l;: by post, !rem the i r ,k, • the ,ILENT FRIEkD, a Medical Work on 4) er "i e i elh anstion Is, b enr y ndse„ ee _ and physical decay of the system, produced by rep eet ob I NO ti q '7l e, t 4 direct one ors th equencrs of infection, or the abuse ot e use of. the preventive lotion, lol• , -eh it ttation °tr. len ete 8 en Marriage, and the disqualifications which t ee eee i,ed e r , 'Med by 100 Coloured Engravings. By R. and L. e t : , te e nclosCe s Coirsulting Surgeons, 19, Berners-street, Oxford litoii" !tee ob. yelblished by Sherwood and Co., 23, Paternoster- i 7 e t ; eieade r t) u s e,nnay, 63, and Sanger, 150, Oxford-street ; Ger e„,.. 4e, e reley fte all-street ; 95, Farrinedoe-street lo, Ities, a l 'Ore et 4 el cf t t ß , _utler, 4, Cheapside ; K Jonnson, 68, Cornhill. qv Pak' ,yl3is of anatomy and physiology of the reproductive IMMEDIATE and RESERVE.-For immediateld use the Attire presented by E. Moses and SON is unparallee 4ges o ' l l tra,.7 illustrated by 28.Coloured Engravings. al style, fashion, elegance, neatness, and durability ; it i specially leol:tai ; and t. T I et * the consequelices resulteg from excessive in e P ktt " bedileir lamentable effects on the system, producing ' sted to the purposes of Excursionists and Travellers, being the most *Artastic in cut and make, the most accomplished finish, and may be the A liz 4 ; ' N J Weakness nerv, ale exelleirent, and generative , 1) 114, 4 t• tr e .. s r ated by 10 Explanatory Itngravings had in waterproof materials at very economical prices. Ii 1R ; tr eit re e t . , 4 e l. of the diseases resulting from infection, either in `porting Gentlemen may immediately obtain the most novel and d f `porting ionaele styles of Costume at the Establishment of E. Moses an p' ta teet, e° ,,,l l d. s erf form, and coetaine explicit directions for e a o ' N' t or at ' their West-end Branch. For this season their Sporting antsy t y 'al section is illustrated by 62 Coloured Engrav- Dres ' s is cut and made on principles of art, only knownetthe a i r r ns ce en le t ; 1 ., e ai . )pi i ce etatas brated Establishment ; its lit is more correct and the g • he I lle •ta l V,t e ation b , a RePeedy for the Prevention of Disease by a afeord mole ease to the wearer than any obtained elsewh l ere l , t lower 14, 1 eae pos 8 d e ,, o ; ei ? Which the danger of infection is obviated: eh urges for dress to measure or ready-made are considerably ow Tra t `ritt unproe to ihe consideration of neirriage and its duties. than at any other house. le t -e c o semi, _ neteve union are also considered, and the whole There may he a temporary reserve of autumnal weather ; but E. ee.,etr ee atttee' e'nd n hliosophically inquieed ludo. e and son have ready for inspestion every novelty in materials re` u ‘ l le, ;Rs and sex OF STRIACUst is exclusively employed in trea fMor°tahae ensuing autumn. These are selected from every manufactory, te IN"Y, f !'a C oit ea x nel debility, impoteece, Ree„ lis and 335. per Britt .h and Foreign, and are calculated to create an j unprecelen an d d es t , 2. el ietio* in e atti lit eus, r tiritsetvitrated Detereive essence, an anti-syphilitic attraction in all circles of . society ; the novelty, super or q unlit y, g the blood in cases of infection, secondary cheapness of the Goods will be immediately appreciated. ele o eoe , Per ry ,, :118,.Prld the abuse of mercury, I is. and 335. per ,I he Wholesale Clo'hing and Outfitting Department at E. MOsEs 11 . l ' i ci a a eertm Irif Ying Specific Pills. 2s. 9d., 4s. 6d., and Ils. and emets Is as much distin Walled fer superior quality and cheap- te e e. 4earseuee.lt remedy fo r gonorrhcei, glee., stricture, and ness as the Goods are for their untiaralieled suitability. Captain, ' I keele s e 'ete e e e efil of the bladder Corrmitation fee, if by letter. teset ay by - . 1 ei the c-- * ,d - age habits, and post- and emigrants. may make the most elegible investments in Goods Ott' 14 s Y ' bY • 1 * Packet ' le is requ.re . , , produce the greatest amount of profit in any i olony. 1 t e n, i -ts eud Wel ch te with advice, to be had at the E_stabilsh- Full lists of Outfits for Ladies sue Gentlemen, with ship sailing r ain b anee Bail tte fee, V., is saved. Messrs. ferry, surgeons, in f vmation, may be had on application, or post free to any part of 4 to se.'.... l eve u ' e', at 19, Berners-street, Oxford-street, Lone the kingdom. "a- wo, and Five to Eight; on Sunday from WANTED, several first-rate assistanta in the ready made sod 41 t1) b es p o ke departments-two to take the place of shop walkers. Apply ke e 01 kt e ALD,tr. -44 ADVsee, ON THE SECRE f INFIRMITIEi O F CAUTION.-E. MOSEF and SON regret having to guard the , i.,,..- 4 against imposition, having learned that the untradesman-like l it' of e t ' aL L A ,, 1 1 -' l ll. AND MATURITY. public falsehood of " Reire connected with their Establishment," or " It's likabee ee dlein e, a 'ME T, 37, BEDB ORD-SQUARE, LONDON, eeety,ii, tionertr Metric , ated Member of the University of ky e entiat e Y Member of the Londoa Hospital Medical kr 111 roalja s disorders oe iiv t obvious same concern," has been resorted to in many instances, and for re +sons, they eeg to state that they have „. be eeees af _ ,A. O NO CONNEXION WITH ANY OTHER HOUSE IN OR OUT OF LONDON, re A . , otheeartes' Hall, Loudon, Sec., tke. dikei eie eseediele except their own Establishments, as follows : - 4 1/ t t ariou ed, personally, or by letter, on London City Establishment, 154, 155, 156, and 1 e 7, Minories, 83, oik eo eere rat ventie he t . ega , zi . the neivous and generative system, 44,85. anti 86, Aldgate, opposite the Church, all communicating. 1 4.: i 'l lk' i t all I n Youth ad ties and . excesses, which have pro- London West-end Branch, 506, 507, • . New Oxford-street, 1,2, to. o ti. s eeu to staae, of life , gradation in manhood, and prema- and'3, Hart -street, all communicating. reuse so .;eatete..rtnodern r,g,1100 • e! ' l pre , hails any other class of dis- Bradford (Yorkshire) , Branch, t 19 and 20, Bridge-street. lietrest't. ea u l e as Of te ee l) - d e......._ _Pet using and practical experienc.e Sheffield Branch, 36, t E arga e e. Australia egret, . s , , , N, h c : abi e e e e e h.. c 'T t e r es ed o mi %p r r i o e v s e: n t i h d a t , th•-ee are in exis, - Colonial Bra , nch, e 'l'ite b e . Ite„arious to certain Sa to pp , O h ln i t ch hopes in pernicious habitsGeneral "i Outfitters for I. adies and Gentlemen. Merchant lailo 31 C ) lothi n e n r; Hatters, Hosiers, Boot and Shoe ~ It i' l , ruo d t i e ti ncY, L oca l f In t s anitY, Unhappy arid Unfruitful Marra- Makers. erd ,i,_ trit, ate catio n , 0 ,,, and Constitutional. Weakness and their' if life. red the meney will e returned ace, cllee 0 etteie u _ _ e their almost et itive origin. ' le o r l ut f necessary that all men should know that there are . IMPORTAN . Should any article not give satisfaction, It willbe exchanged !I desired, o , p, . It linlin II ti the hesitation. All goods ale mar et p a es lo west te a 1 '4), ( 1 "even s al ManaVemea, winch . cannot be violated without without he. , trom which no abet ernent can be made. • i tho Y lb h aY Of i Den ' i tieS Mid th l / 4 hvnv 4 tig.ate r . l,,,, de,a i_ so l , vhen wisdom and regret succeed when business is resumed till 12 o'c , lock. . ti N tll l ,_the ee ,4 l, bow t h e Z, f - itidulgenee, how these penalties Sa urdaye, Ts . price, Estaoll.hmens are closed from sunset Friday to sunset on 4 re i,,, and t t .,..., mg of their bitterness may be removed,e easurement, facts relative to Australia, lie ,ezis eut ea/eel, a ‘ten . equene es may infirm avided ad b en of prices our system of sel.-111 ti t 'le to Which n Y de - ree of f ,n a ove , . Anew BOOK, " The Herald of the Seasons,' containing full lists AI 4 4 lt A, tch the ti," 1 p lysk•alty or functional advice to emigrants, &c., for long series ef of tt . lN.eXt eb ,i' v _ MBesie ha , fo e Y . aid of science cannot apply a cure any part of the kingdom. '•may be had on application, or post-free to • t4 l ' ',','!el is ;,, Pra ntlee in years been engaged A handsome Almanac for e etat,..oesets the ( allY legally ( treatment of these delicate com- on apprcation. t''e year ending 1853 can be had graves, Qua si park 'Reliance tsjete hanet e. e nvy of thef tual ! fied rilYsiclan who, regardless tel Pon parle Francais. ree ' ' le I a th ' ‘ e llra ugh the typocritical ard mock-modest, has had }Tier srricht man Dent- -, Anna so habls F,,-eariel h b ard, - ,Be eeti eliore,,,_ m v f. di uM of the public press, to direct , grade of society is Gas weetineeitihaarte etaseeagtteenneeredallyhieseenatiodrteds e tt etre o ';` by tb g tau e),a; evils from Whie, t 00 HOUSE ROW -114 'qf t Of th e great sue " - flea 0 , practice, he has been amply ROWING MATCH.-SPOTTISWOODE'S NEW er t h h l . eau ' : ln alin e : d e bit„tir is ; 48 , assu re an d ignorant em • to e n the the IN G CLUB V. THE QUEEN'S HOUSE BOAT .CLUB. -The t ,.,i`i bs t , ielit n tb i t‘ e d foreign names and titles , with their pirated eight-oared match between these two rising amateur from Mortlake to Na t /)00. 1 ' Induc ed ',re, have i s, and pretended virtues boat clubs came off on Saturday, nfllcted le e _ le t . e tb t . t pla ee fair , serious Injury on those who Putney. Before starting, from the fine appearance of -ut ol 1 tht eonsuitat, ain their pretensions wl,t l a n d cgs bA..lllettenci n - u ( a laily from Eleven till * Two, and from ueen's the men, and their evident high spirits, the Q . o, ~ t fo r , t contain the fee of I/ the choice Qui ilt . , ira,, ie ~ ard ed to any . . _ ~ and advice and House eight were the favourites. They won 4 14 B, obt a i n "'at m ti initials or address, was 0 NI a cop... ents vvlshing to consult Dr. L of position, and, after an excellent start, the race ' , le eat Treatise t t 9f Ir is work on ' k 'wErm for some time in doubt ; but the indomitable pluck of t on tii ptti,. Teati so on th 'P 'PRES eRVATIO ' kc c res s le uebint e Phil ' . i'l • the New House crew, added to their excellent style of o 4 a,,,. ti tail tj,lllustrat osopby of Marriage and Nervous a d °t , o ~x , ,___, , dr ey fifty-coloured engravings and and ;rowing, soon placed . them . in advance, and on passing 11_o _?t ~,,, lithpert„;"._,, ( 3 rders resulting fro n secret h ' abits arid. through Hammersmith Bridge they were three lengths ,14 ,4n r, g l ,o a t riits eir zeso:atnblsmtareatise will assist in the correct ahead. From this point the race was decided; every b y till, ;, I aria ~., 4, nut c h , „.,,., u ,3' be had, price 2s 6d, in English, stroke against '8 Hous e, even t ', co °, 2 3, p t "`"utan, or German, of Messrs. to,. rulnu. 8 a .ernoster-row • A , - -is i ..,forty- , tor te _ „,_, . , enney, 63, Oxford•street ; !e s et ito i r9 swo :K emp ' s e t to o lonborne-street, Haymarket; or free sport was numerously attended by the partisans of the 441 " 0 4;L0rz, 9 ans x addrer from the Author's rest- respective clubs, and everything went off in the most ) Satisfactory manner. can direct. Fore Ca, Saloon. fo or from Gravesend and L0nd0n.......... 10d. Is. 2d. „ Gravesend and Blarkwall or Woolwiab Bd. . Os. 10d. Between Gravesend and intermediate Piers.. 6d. .. Os. Bd. BOAT TICKETS.—TweIve Months, 5 . Oi. ; Six Months, 3/. Os.; Three Months, 2'. Os. ; to be had of the Collectors on board the rackets; >r of Mr. Monk, Terrace Pier, Gravesend. Fast an d Commodius ackets oLe for Excursions. For Terms, IPPIY to Mr. W. Morv o an, P Agent, t Stir t Office, Fenchurch - stree t Ter minus, Blazkwall Railway. Sept. Ist, 1853. .~ Ad 5 03 evir 48s uo 5 . 3 s oa-s! 5, o 37 0 tic t k, 253 to 370. ci diet ed ier qr. - [lnes veil 3rer. ;03 to C Bl ' is ; i2s r receicea arts, from 5 1 25 at , ltes. 01 11 % her. 8ea,116 0 . 3, Os ti &0• , di; •• '123 ..... 23 ".23 ...... . 24 ..... •23 .."...,2f3 ...... 23 0 -•''' 2 4 3 5 0 •" .... ) 4 6 0" .. ..21 6 20 0 0••' . "3 0 6 te•-' . •0 6 , r tleY 53 3 ea o tl fs :riepetcl ra „ tel ,reve—i,ea 91 o j3irl;e"ol , kshir e ' ; i 151; I, esi I# l4 ' 100 0 i10 saele7ll °, $lO . f 1093 i fi ee .1G; delt ere 10 4 , e b 1•101 v ros't anti 3 co°' v , ' "'rig / eti ter' h-11' .01 at jaeo,,i, if 0..!V li(1 " ° to seri; the ile ° 0° r 10 e osi ge ;, f ool; no II -,00 t. go voile of bY til e 0 to Fn+ fid a fC IS f ioll e s t 1,00P . ,1 it t e P o t 11 ,, eta j74:41 rtieri P,Tio hex, t 1 ,04' 2,, lir rlCe eil' 313 be r"' P it oP ,_iogo alb o f o ot, o, It' La 0 0- .., - Iyo 1 A PO AP No. 19,016.] THE NEW MUSICAL NOVEL. CHARLES ATJCHES TER; DEDICATED TO THE RIGHT HON. B. DISRAELI, Is now ready at a 1 the Libraries, in 3 vols. "Charles Auchester is a memorial of that brilliant genius Yen• del.sohn. in which - act is cleverly blended with fiction, and incident and sentiment are neatly combined. Every one who has any re• gard for the memory of Mendelss tin will read these volumes." — Messenger. Hurst and Blackett, Publishers, Successors to Henry Colburn, 13, Great Marlborough-street. This day is'published, the Second Volume of MISS AGNES STRICKLAND'S I 4 IFE of MARY QUEEN of SCOTS, forming the Fourth Volume of her RIVES OF THE QUEENS OF SCOTLAND, and EngVsh Princesses connected with the Regal Succession. With a Portrait of Mary at the age of 25, from the Original Painting presented by herself to Sir Henry Curwen, of Workinton Hail. Volumes I. to 111. contain the Lives of Margaret Tudor, Magdalene of France, Mary of Lorraine, Lady Margaret Douglas, and the earlier Portion of the Life of Queen Mary. Price Ifs 6d. each, with Portraits and Historical Vignettes. Wdliam B:ackwood and Sons, Edinturgh and London. ONT BLANC will CLOSE on SATURDAY 1 V_B, Evening, Sept. 10, and Re-open on !Ur. ALBERT Sam a's return from the Continent. During the present week the Entertain ment will he given Every Evening at 8, and Tuesday and Saturday nio , fling at 3 o'clock. Stalls, 3s. ; Area, 2s. ; Gallery, ls.—Egyptian Hall, Piccadilly. LAURENT'S CASINO, ARGYLL Rooms, (Lessee. CHAS. C. LAURENT, Onslow-hoes. , ., Fulham-road). — The above Booms will are now OPEN FOR THE SE ‘801•1, and will continue open every evening, with LAURENT'S CELE DR kTED BAND. Admission, Is. Doors open at half•past 8 ; Dancing to commence at 9 o'clock, and ter Mate at half--past 11. ROYAL POLYTECHNIC INSTITUTION. PATRON —H.R.H. PRINCE ALBERT. CHANGE of the LECTURF. on " THE THAM: S." The SECOND TIT of an HISTORICAL LECTURE on "THE THAMES," from its Source to its Estuary, by GEORGE BUCKLAND, b sq., assisted by Miss Blanche Younge. with NEW SO , GS and NEW DiS-OLVING •C EN ERY, on Tuesdays and Fridays at four o'clock, and eve' y Evening except Saturday at ine LECTURES.—By J. H. Pepper, Esq. : Cn PHOT'GRAPHY, with Illustration=. Mornings and Evenings By Pr. Bachhoffner : On ELEOTRO-GILDING and SILVERING. The LANCASHIRE SEWING MACHINE exhibited in Use and explained Daily. pen Mornings and Evenings. Admission, Is.; Schools, and Children under Ten years of age Half-price. HOOTING, LOUNGING, or TRAVELLING. —G 1 It Al ENTS adapted for tr e above purposes may be viewed in reat variety, each being suitable for what is required, and very moderate in cost. - H J. and D. NICOLL, Merchant Clothiers Paletot Patentees, 114, 115, 118, 120, Regent-street, and 22, Cornhill IMPORTANT TO HOUSEWIVES. NO MORE DRESSES, &C., DESTROYED IN THE WASHING. CREWS 'S RINSING LIQUID Restores them to their Original Freshness, Fixing V o colours in all kinds of Fabrics—simple in its application—and very inexpensive IWEN TY DROP- sufficient for ONE GALLON of Water. Sold by all Chemists and Cilmen, at 9d. per bottle, Agen s—Drew, Heyward, at,d Barron, Bush-lane, Cannon-street. Manufactured at Commercial Whar, Mile-end, London. Lekets :,tli At th FROM TE PierB as underline ltR P IER, GR (w,ather per AT'S if. -~ I , _--- / '-"Z• '''''''' - Ir ----4 " -r---- " / 2 '7 * 113 . ...., 7....21L-: . • .';',. 1 , I . • . b .....! • - A s " • 4 -• • _ . . -- t / ~. ____.--; a. ... w„.....:.,, •, , 4, tt ... J 1 . A _ -- ...-.......,........* ---- ---". - .1" 4 " VI -, 4 ....'':. 4211,•; * -....-.__. . ... le • 4/P - , 1 11111111111111 .• ---..-- 14.4 1 ;11: 5;;; 4: 4R-4.-- 4 , : ADVERSE EXCHANGES.-111Gli ' -.4 , el t v :-.,. •-. •0. 1:1 17 . : " :4N, ....,e:,,,,,- 5 -. 4 .i_ --.. \ ~.1., , . ... 4 - • 4 - .. --/ i - ~,N , y._, ~,„„ .., 0 0,i • ,-- : , : - : 4-5, , .\\ci.„.\.. , - `~';?.~ .„, ~... , , ____ OF INTEREST. V.VOII. • 4 --,,,=.? •------ . , f -- ...-...... , „••• ~. -..- 1► 1 6. k.*--,,,._ T. 4... 1::: ,t- - • ~, v.:, ,, • , ',.. '''', 1 ... ./ -..___./ ~, ' z - • lb. .e 4 1,- g 4; ~ .). 4,..c,„,,,„:,,,, .. ~..„.. .„„) vi l. , s, 1 11 „ i ii _,_.T.. ~;;,4-7 4 .,,, c), i , q , : •sst, lz . - 6g ---- 5 'l` l ''' '- - '''',F - ' tdr - • J .:. : :::::/// ' . $ I f ,/ 'X 4 / •=: • ---- • - , ... 4 41 the unex- ~,..,—,' 2 \ :,._ 4 - . 4 , It!0' -' -'\ i ' Zo't-,14( , .. * Y 47 ‘ .'" ' " A ' KIEV 51 ." - -. -. - "'"-. ' ..7. , 14 " riq .e.". - ...',.0"....' " ..3 1 ' t S' w 0 . 6 " •••::',4Z...... -- N . . + ;liBnsl2Br4e2acthheedy ( From, the Economist. ) 47,000,0001. ; and in 1832 they were 36,000,000/. In - the 20 years, therefore, they have more than doubled, were only r In the fi rs t s i x mon ths of the present year our exp or ts a m T p h l e e d value amount o f o o f u B ,eoxopoo,rotol3o/ in. are nearly 10,000,000/, in advance of 1852, and it is therefore a very moderate calculation to assume that the exports fo r 1853 w ill reach at least the remarkable , amount o f 93,000 , 000/ . O ur i m p or t s have also been -- large, but it can scarcely be said in the same proportion, taking commodities only, and leaving bullion out of the 'calculation, the stocks of most articles being consider ably reduced. So far as commerce is concerned, it is difficult, therefore, at first sight, in the face of these facts, to suppose that the balance of trade is against us, so as to lead to the unfavourable state of the foreign exchanges which now ex;st. It is true there has been a large importation of foreign grain ; but, on the other hand, there has been of late a very extensive re-export both of wheat and flour, and especially to France ; so much so, that many of the direct steam-vessels have re cently been entirely laden therewith. There is, there fore, apparently nothing connected with the corn trade to account for the present state of the exchanges. In connection, however, with our general commerce, there is a consideration which at this particular moment may materially affect the exchanges, although there may not in the long run be a balance against us. It is ob vious that the exchanges must be affected only by the actual amount of payments to be made at the time, in whatever way those payments arise, and not by the value of exports and imports, except so far as it affects the amount of payments to be made. Remittances to France for the purpose of buying railway stock, or for the payment of railway calls, have as much an effect on the 'exchanges as for the payment of a balance of im ports. ts Remittances to England during periods o f Con tinental discredit for investment in our funds have as much the effect of making the exchange favourable to us for the time 'being as if remitted for a balance of British goods exported. Whatever, in fact, affects the amount to be transmitted from one country to another, whether representing the payment for produce, or capital to be loaned or invested, equally affects the exchanges at the time. It is the state of the mutual payments to be made or received, and not the state ()Übe exports and imports, except as they affect the former, that de termines the state of the exchanges. I n connection with this consideration there is a fact peculiar to the trade of England which it is all-important -to bear in mind, and which 'nay be of some aid to us at the present moment in accounting for. tbe adverse state of our foreign exchanges. It is this. By the ordinary course of trade England gives credit to all the world, and takes none ; on the contrary, in place of taking credit upo n th e produce imported, the capital of England i ietitse given i v a e nremarkable upon our influence p is employed frequently not only in rearing the pro Puce, but almost a l ways i n k ee pi ng it, even on foreign ac count, till requ i re d f or consump ti on . Thi s i s a n interest ing and i m p ortant fact in connect i on w i t h our t ra d e, an d , x c tl ; upon a n thenas we sh a ll s h ow, may exercise at the moment least ex pected the fact s ? Fi rst take our exports. Take the markets of our enti re co l onies —take the markets of India, of the ha or p ts ia . I United Stat es , o f South America—in all, a lengthened cre (the goods nec essary f or their supply are held on consign ment and with B r i t i s e ady: e v oxefcnh thes ea when m. sold h e a t a t s n I long credit is given, and the proceeds not finally remitted to England till the exp i rat i on of that credit. Take as an example a transaction in Brazil or in India. A cargo of Manchester good s i s cons i gned to Rio de Janeiro. The agent receiving it supplies the market from his store as the goods are required. It may be six, it may be, and more frequently is, twelve months before a closed account of sales can be furnished. But the goods are sold at a credit of four, six, or nine months, and it may therefore be from 12 months to two years before the fun 4 are all in hand and ready to remit. Of course remittances on account are made at earlier periods for a pa t,' but 12 to 18 months would be a fair average. Well, the funds are in hand, and if bills arc abundant, and can be had on good terms, the rest of the operation is quick enough ; but as it more frequently happens, the funds have to be invested in a cargo of coffee or other pro duce. This done, the next question is—Where is the best market ? The vessel sails from Rio with instruc tions to call at Cowes for orders. The owner in Man chester, upon inquiry, finds that his cargo will be best disposed of in Hamburg. The vessel is ordered on, the coffee sold within a reasonable time, and finally the funds remitted to Manchester in bills drawn, perhaps, upon some Yorkshire firm for German wools, shipped by the same steam vessel that brings the remittance. During the whole of this time the capital which had been 'expended in cotton, in labour, in artistic style, in. dyeing, &c., some months before the shipment was ac tually made from England, has been employed abroad, virtually in conducting the commerce of foreign coun tries: Less or more, the whole of our foreign export trade is of this character ; that with the Continent least so, Nor is this fact in any way altered because manu facturers who make these consignments themselves re ceive advances upon them, sometimes even from the first day of the shipment. If they do so it is always from 'British merchants, and in any case it is British capital that is throughout represented in the transac tion. r r , R,cE SD. be an end to the possibility of negotiating our securi ties. This was indeed a time of prosperity, he might say perhaps of unexampled prosperity, but it was a time, of all others, when they should act with caution. A great number of schemes were being brought before the public, some good and some bad, but it was not desirable to push them forward at such a rate as their promoters seemed now anxious to do, which was sure to create a distrust in the minds of moneyed men. He hoped the advice of the dis tinguished guest of the evening would sink deep into tho minds of those who heard him, and that all would endea vour to push forward the railway system upon a sound basis, without rashly encouraging competing lines, to the ' great disadvantage of their best interests. In conclusion, he begged leave to propose the health of the city of Montreal, and to couple with the toast the name of their worthy chairman, who was not only the head of the greatest banking institution in the province, but also one who had endeared himself to men of all par ties, by his amiable, upright, and consistent conduct through life. Drunk with all the honours. The Hon. Mr. M`GILL returned thanks—When people felt much they could say little, and he assured them that he felt very deeply the honour which had been done him, although he had been left standing on his stumps among them. (Laughter.) The hon. Inspector-General might have introduced his name as President of the Bank of Montreal to endorse his ve pert observations respecting the negotiati on o f secu rities. ry He had a great deal in- his power so long as he occupied his present position at the head of her Majesty's Provincial Government, to restrain the rash enterprises which were now broached, and he should do so. Every county and township seemed pre pared to pledge their credit for favourite railway schemes , but the time might shortly come when many of these would prove unsound, and the credit of the municipalities of the province destroyed, and that of the province itself seriously injured thereby. He thought it would be more prudent on the part of the Provincial Government to re strain these enterprises. He again thanked them very heartily for the cordial manner in which they had drank his health. The neat toast was proposed by the first Vice President, the Hon. JOHN YOUNG, M. P. P. He would only detain them a few minutes in proposing the toast entrusted to him, a duty which he had great pleasure in per forming. As he was certain there was no Montrealer, and indeed no Canadian present who would not take pleasure in drinking it. The importance of a bridge to connect the two shores of , their great river could hardly be over-esti mated, and happily for Montreal, and for the trade of the province at large, its site had been fixed at a place where seagoing vessels of a thousand tons could meet and exchange cargoes with the schooners and propellers by means of which our inland navigation was carried on. It might be interestinc , to some present to learn the particulars o f th e history of this great prospected work. It was first men tioned in public in June, 1846, when a meeting of the friends of the project took place, and a sum of money sub scribed, and a Philadelphia engineer brought in to decide upon its feasibility. His report was favourable to the views of the projectors. In 1848 a private company was formed, and a bill incorporating them passed in the Lower House of Parliament, but was rejected in the Upper House. In 1819 when the necessity of the Kingston Railway was recognised, the directors of the St. Lawrence and Atlantic Railway lent their credit to the company for the construc tion of that road, for the purpose of procuring a more minute survey of a site for the bridge. It was then placed in the hands of Mr. T. C. Keefer, whose excellent map and report had now been for some time before the public. No one doubted the importance of the railway, but it would be all of no use without the bridge. For instance, the freight of flour from Longueuil to Portland, a distance of 292 miles, was but forty cents, while from Montreal to Longueuil, two miles, it amounted to five cents. Fears had been expressed about the construction of the bridge, and many people were apprehensive that it would be car ried away by the ice, but when they thought that they had among them a Stephenson and a Ross, they could not but belieVe that it could be safely carried through. That the same genius which bridged the Menai Straits, would overcome all the difficulties in the way of spanninc , our mighty St. Lawrence. (Cheers.) He c a ll e d u p on them to drink to " the Victoria Bridge, the latest planned of the great bridges of the world." Drunk with honours. Charlie." Band—" Over the water to The Hon. WM. BADOLEY, M.P.P., 2nd Vice-President, proposed the next toast. He said the toast placed in his hands was so large in its terms and so extensive in its nature, he supposed that it had been adopted for the finale of their interesting association that evening. He had been forestalled in any thing he could have hoped to say to it by speakers to a previous toast: But in connec tion with it, ho was desirous of bringing under the notice of those present a gentleman to whose exertions they were already indebted, and would be much more indebted be fore the Grand Trunk Railway would be completed. He referred to the chief engineer of that company ; and with these few observations, he would leave the toast in his hands to be responded to, knowing that he could do it much fuller justice than he (Mr. B.) could hope to do. He proposed : " The Grand Trunk Railway of Canada, and its connec tions by sea, lake, river, canal, and rail." Drunk with enthusiasm. Band—" Canadian Trunk Railroad Galop." Mr. Ross, C.E., responded. He thanked them sincerely - • - for the honour which they had done him ; an honour which he, as a stranger, had no right to expect at their hands. He felt proud that ho was permitted to take part in advan cing the interests, in developing the great natural resources of this most splendid country. He hoped the construction of the great work with which ho was charged would fur nish a data, from which a new era in the affairs of the country would run. It would be no presumption to pro phecy a glorious future for it, since it was everywhere be ing filled up with inhabitants, whose intelligence and in dustry attracted the observation of all who travelled among them. They only wanted one thing to fully deve lop° the resources of the country, and that, with the zeal ous co-operation of the people, would be supplied them in a few years, when they would possess as perfect means of internal communication as the people of the old country now enjoyed. It would be folly to hesitate for one moment in adopting measures to complete these works. He would not detain them longer, but he rssured them that he felt deeply the many acts of kininess that had been extended to him since his arrival in the country. The deep impres sion which their cordial good feeling that night made upon his heart, would not be effaced so long as ho remained in Canada. Ho assured them that no exertions should be wanting on his part to promote the prosperity of the coun try. The party broke up about 1 a.m. A BRILLIANT TURKISH CHARGE. After marching thus for nearly an hour, the enemy was seen in strong force near Zepshe. Omer Pasha, who was with his staff between the advanced guard and the main body, ordered the former into the wood. on their left, in order that they might be under cover if the enemy should open his fire upon them. Mustapha Pasha halted, and bringing his four guns together, un limbered them in a favourable position to fire on the enemy's flank diagonally, across a bend in the river. The Bosniacs commenced firing, and the artillery re turned the attack, but the enemy soon disappeared in the wood. Suleyman Bey's skirmishers were on the same parallel, and the enemy, probably taking them for the main body, and unable to judge their strength in a thicket, supposed that Omer Pasha had outflanked him, extended to the right, and took up a position on a height, from which a murderous fire was kept up on this forlorn hope of 300 men against 5,000. Omer Pasha, hearing the fire recede, thought the rebels were retreating before the main body of his troops in the wood, and. endeavoured in vain to obtain an accurate notion of the state of the contending armies, which were in a manner fighting in the dark, on account of the inequalities of the ground and the density of the wood. The real brunt of the battle was thu, borne by Suleyman Bey and his small battalion. Un able to hold his ground against such odds, and unwill ing to retire, he ceased firing, and ordered his men to charge the enemies' position at the point of the bayo net. They closed, and rushed forwardin a compact body; but they were repulsed by a heavy fire from the Bos n by iae so s' volley after a charge, and again they advanced, received height, staggered, strained to reach the summit of the strewn with staggered, and fell back, leaving the ground small lAa-erneumasbtoennishAedgation s s ee eie t y h m em Eu s a elLe e s y attacked ordered the bodies of their fallen comrades.. Suleyman Bey sprang from his horse, placed himself in front o , n , foot, rallied his men, and, cheering, made them shout, fad• iochah ehok, !lama!" ("Long live the Sultan ! ) as they was the first man at the top, laying about fire ru elef; r om e m t a u na r returned t vy e, o a t n h charge de struggling rg the rock. him with his sword. Another shout, and the devoted little band plunged headlong into the overwhelming mass of the ene-ny. Every blow was a death-blow ; not a word was spoken on either side, and for a few minutes it seemed a wrestling match at awful odds ; but, strange to say, more rebels fell than true men in th at onslaught ; in spite of their numerical superiority they wavered ; a few stragglers disappeared on the other side of the rocks ; their ranks were thinning fast by deser tion. A shout from Suleyman Bey, a desperate assault of the troops, formed like a wedge, and the rebels threw down their arms, rushed wildly down the other slope of the hill, and did not again attempt to form their ranks.— The Frontier Lands of the Christian and the Turk. THE NEW LAW ON RECEIPT STAMPS.—The new law on receipt stamps contained in the recent act of the 16 and 17 Vict. c. 59, which will take effect from and after the tenth day of next month, is of publiaimport ance. On all receipts for the payment of 21. and up wards, the new duty is one penny, and may be denoted either by a stamp impressed upon the paper whereon any such instrument is written, or by any adhesive stamp affixed thereto ; and the commissioners of the Inland Revenue are to provide stamps of .both`descrip tions for the purpose of denoting the duty. In any case where an adhesive stamp is used for the purpose on any receipt or upon any draft or order respectively chargeable with the duty of one priny, the person by whom it is given shall, before the instrument is deli vered out of his hand, custody, or power, cancel or obli terate the stamp so used by writing thereon his name or the initial letters of his name so, and in such a man ner as to show clearly and distinctly that such stamp has been made use of, and so that the same may not be again used, and if any such receipt, &c., is not a bona fide cancelled, the party giving the same is to forfeit the sum of 101. An person getting off or removing, or getting the stamp and affixing, or using to defraud her Nlaje4y,.is to be liable to a forfeiture of 201. Persons having receipt stamps on hand are to be allowed for the same. . . Let us, then, examine the different character of our import trade. England takes credit from no other country. We may fairly ossert that none but British capital is engaged in British trade. The produce of the United States, of India, of our colonies, of South Ame rica. required for our consumption, is either purchased on the spot with British capital , or it is consigned t o this - - country - for sale as required. But in the latter case, though held on account of the foreign pro'lucer, it is in variably held with British cspital. A cotton grower in Georgia, a sugar planter in Cuba, the owner of flocks in .Australia, the producers of indigo in Bengal, or the coffee growers in Ceylon, may consign, and often do consign, their respective productions to this market for sale, either direct to our merchants or through their agents abroad, but in all cases the bill of lading is ac companied by draughts to nearly the whole value of the consignment, and almost from the day the goods enter our warehouses, or very shortly after, our merchants are in cash advance upon them, and continue to be so until they are finally sold and paid for. The practical effect, therefore, is, as we have already said, that this country gives long credits to all the world as regards our imports. It is hence obvious that the relative amount of our exports and imports at any particular moment may not represent the exact relative amount of the payments to be made and received ; and this chiefly at times when our trade is undergoing any important change. Thus, during a period when it is rapidly expanding, even though our exports may still considerably exceed our imports, yet as the payment for the former is, as we have shown, deferred for a long time, while the payment for the latter is made by us at once, and as it is the amount of payments alone that determines the state of the exchanges, and not of exports and imports, it may be, even in that state of our trade, that the payments to be made by England greatly exceed those to be received by England, and that the exchanges may be adverse for a time, while the immediate relation of exports and imports is altogether satisfactory. And just in pro portion as the increase of our exports is rapid and large is this'likely to be the case. For example, the exports of the present year are likely to exceed those even of 1852 by about 15,000,0001. While, therefore, we are receiving g paymentsby ree 74,000,0001., and in 1852 78,000,000 1 .), we are pro ducing and shipping the larger amount of about the lesser for amounts the exportsof these of years 5 1 and (in 1851 measured 1852, , 93,000,000/. ; and for the additional raw material and other articles which we import, in order to enable us to produce so greatly an increased quantity of goods, w e are paying either in advance, or at latest on their arri val. Our receipts are measured by the transactions of 1851 and 1852 ; our payments by the larger transactions of 1853. The balance of payments in the meantime must, therefore, he against the country. This, no do, bt, can oily be for a time. In the nat'ir,il course of trade the payments for the exports of 1853 will come round, and the whole accounts will be adjusted, I like manner, anner,wh ou en r oeuxrpotrratsdearise i contracting niin ishe in it ad is - versnetimes--when always observed that, notwithstanding that fact, the exchanges frequently turn strongly in' our favour. That is obviously caused by the reverse of the facts which we have just been considering. The payments due to us and in the course of being received are upon a larger scale than the payments to be made for our immediate imports in respect to our diminished trade. Thus, sup pose the present year of extensive trade—the most ex tensive beyond all comparison ever known —were, from any cause, to be succeeded by one or two years of very adverse trade, then in those years the payments which we should require to make for our imports on a lower scale would be much smaller in amount than those due to us for the extensive exports of the present year, a large portion of which would then be in course of pay ment ; and in that case the exchanges would be favour able to England in spite of a great diminution of expo at the moment. It is thus that events, which have often appeared as puzzling anomalies, are satisfactorily to be accounted for— viz., that frequently in the face of greatly increased exports we find the exchanges adverse, while in the face of diminished exports we have a most favourable state of the exchanges, they being regulated solely by the ba lance of payments, on whatever account they are to be made, and not by the transactions of the moment. The remarks which we have here made may also sug gest to our readers the true cause of the rapid rise in the rate of interest, and a good reason why it should con tinue- high under present circumstances. To increase our fOreiin trade alone in a single year by 15,000,0001., and that, too, upon a principle of g ivin g credit to our customers for our exports. while we pay ready money for our increased imports, may e asil y suggest such an b ln z e o ; ace P ts dart i en t h i ye taaseo i sl t er afdea l exp enditure. u a c co nsid erablellludv t ai h eragegeda e Ps xeh a n in:reased demand for capital as fully to ac c ount for i the present high rate of interest. And let it be re membered that this increase of 15,000,0001. of exports increased . profitable demand for d n r i l in to a greatly increased domestic trade thereon.prepresents v Our even umrat paid, oneya in,e)::o:eurri measured trade r i ti el o a portion osi nfiot o i n,reafelixl extended et l i botn e yrhhddetaee hvdr people, increase ieitraloorlgpos lrfodeenu:a.r production. rsro n nehnr s sa a e .tsa q te ael u lT e ato h n inhnae t dee l ges . and the rate of interest directly It would not be exactly correct affect each other, but it is certain that they are both in fluenced by comm on causes--that a' low exchange is usually accompanied by a high rate of interest, and a low rate of interest by a favourable state of the exchanges. There are other important considerations in connection with the present s t a t e o f th e exc h anges w hi c h we will discuss in our next number. LON DON, TUESDAY EVENING, SEPTEMBER 6, 1853. PUBLIC DINNER AT MONTREAL IN HONOUR OF R. STEPHENSON, ESQ., M.P. (From the Montreal Pilot of August 22.) out of 330 millions of pounds expended, 60 had been wasted ; that is, in duplicate lines. But, in order to mark the inconsistency of the proceedings in railway legislation, when the London and Birminghani was asked for, the feasibility of the route was doubted ; great difficulties were suggested as being in the way ; to were called in to decide everything in opposition to it ; the estimates were disputed and .doubted:; it was maintained that the company ought to prove the traffic that was to go over it, and that 6or 8 per cent. was to be obtained upon the money invested; iii fact, a most p a t erna l part was taken in the project. Before Parliament granted the charter, before the people were allowed to expend their own money, they were here here asked to prove the traffic and the pro fit, and show a regular contract to establish that the work was to be done within the estimate. The people cla moured for competition, and Parliament granted the ex penditure of two capitals. At that time it was be lieved that competition would compel them to carry passengers almost for nothing. But what was the re sult ? Th. opulent were struck down, and the poor were reduced to penury. Nothi ng b u t the resources of British commerce could have sustained such a shock. These serious evils of legislation it might be difficult to escape from in England, but they should be weighed well before they were brought into Canad a , e ith er b y th e present or any future Government. It was sa id th a t a ll was right, the public gained what the pr o p r i e t ors l os t. B u t the pub lic had not gained. Capital w as a b sor b e d an d diverted from other profitable employ men t . Li nes had been located, which never would hav e b een b u ilt h a d a directing genius presided over the charteri ng o f th em , and he did not envy the man who could glory at one part of the com munity prospering by the ruin of another. This error had been most disastrous in his country; and he hoped it would not be committed here. Competition never an swered a beneficial purpose. Competition, like poverty, was the mother of invention, and wh e n thi n gs came to the lowest ebb, the remedy was in amalgam a ti o n. In no in _stancp 14.24Agen.rxe41-1 14thanaelpreation had not reduced. charges. Mr.'Srepliefifiti fiVichs referre.d g,ent;A ily Ito the expense of working short lines, and the necessity of extin guishing them by amalgamation, and mentioned an in stance where, including water communications, there are five competing lines. The result from competition was, that they had laid their heads together and raised tolls to the highest ; but here, where there was no competition, nothing was to be done but to develop our resources, and make the profits highest. Mr. Stephenson then referred to foreign countries. First of all to Belgium, which had em ployed one or two men to lay out the country, so as to ob tain the greatest amount of accommodation with the least expenditure of money. The speed obtained was not per haps so great as that obtained in England ; but it will bear comparison with that in any other country. The minor points of the country were filled up according to the original design, and all conducted with economy. In France no lines were allowed to be made unless they were called for, and made part of a great system. France was slow but more favourable comparison with Great Britain, for there competition had marred the whole scheme. Swit zerland was a collection of several cantons, each preferring its own interests as to gunge and building without refer ence to the whole. They decided to send to England for an enoineer to design for them a net work of rail ways, and (Mr. S.) had had the honour to be called in, and had assisted in designing their railways from end to end, and capital was now flowing in, satisfied because there were no rival lines, and there was no doubt of their com pletion. He then said that Canadians wanted English ca pital, and advised them to be guarded in the system they should adopt, especially in regard to reckless competition. He would for himself hesitate to recommend to his fliends in England to invest their money in railways here, if reck less competition were allowed, for nothing bat loss sad confusion would result. Belgium, France, and Switzer land all possessed great advantages over England in having no rival lines, and in having laid out their main lines for the benefit of.the whole country, rather than allowing to any town, or any portion of the country, a prepon derating voice in their location. They had estab- thus contributed to the wealth of Britain of her hardy fishermen, when he told them that one train brought 90 to 120 tons per day to the metropolis, another 100 tons, ano ther 50, another 75, and the Chester and Holyhead brought immense quantities of muscles and shrimps, which were a great luxury to the poor mrn, and were furnished to him by means of the railway at a price which had made them a godsend. He had no hesitation in saying that, the effects of railways in cheapening the cost of the transportation of produce would be equal to freeing the people from the burdens of their taxation. If they could work out a pro per system in Canada in accordance with the views so ably set forth by Mr. Stephenson—if they could prevent com peting lines from intruding upon the business of one esta blished—if they could give each line as much as they could do, and get it in consequence to work at a low rate, they might antic,ipate such results in this country. He recol lected full well a complaint made by landowners in the vicinity of the metropolis about the fall in the price of their land from the large value it formerly bore in comparison with that at a distance, and some attributed this to one cause, and some to another ; but they forgot the great ef fect of railways in equalising the value of lands, lying near the great markets and at a distance. A beast fully fat tened could be carried from the north of Scotland to Lou don by rail for 5 per cent. of its value, and thus land five hundred miles from London was worth as much within five per cent., as land of the same quality in its imme diate vicinity. People here should recollect that this was a great producing country, and that the price of the article being regulated by the supply and demand in the great markets, and not simply by the cost of production here, the charges of transportation to market were just so much tax upon the producer, coming out of the price he ob tains for his products ; therefore increased and cheapened facili ties for transportation was so much direct benefit to producing community. Now take their western wheat fields, to which the railways were to be built : many of them yielded 40 bushels of wheat to the acre, and 5 larkihels would make a barrel of flour, thus eying, eight "barrels to the acre.. If they could 'carry that flour for 6d. per barrel less, it was an addition of 4s. per acre to the net revenue of the farm. They would thus see the great increase which would be effected in the value of those lands. But when in addition to that gain they took into account the great benefits they would derive from the in vestment of British capital here, and the opportunity of using it ; when they remembered that the facilities afforded them would enable them to do twice as much work as before in the same space of time, he hoped there would b 3 no man found who would not join heart and hand with them, and sink all private prejudices and inte rests in promoting the welfare of the country at large. He perhaps had no fight to make these observations, as he was a comparative stranger in Canada, but he felt he had a duty in this respect to perform, and he believed he should and the danger to be apprehended from not v e fulfil a en t i h t e u e n n l e e s h s a h n e d p f o r i e n m t e d e p o r u o t p e r the v b e l e o n p e m fi t e s n t t o of b t e ilede railwayr system, mismanagement on the other. He had recently seen with length and breadth of that district, and believed he knew eastern eteggatepast part t sa e tsftin f i c a a c na o da t . he ev rE d eh e a l d op t m re e v n e t ll o ed f trafficthr through t t h h e e it as perfectly as any one present, and could say for him- O n f lf th a e English ndparer stockholder, that the Eastern Townships offered a prospect of a full re.' manner they respecting er ew perfectly th e interests eati eed turn for all investments made theta. . He perhaps did not tnandin a think so well of Upper Canada as Upper Canadians always asserted it deserved, and that might arise from the fact that he had not made himself so well acquainted with that part of the province, but if it realised the good report of it equally well with the districts he had referred to, he would only say that .English capitalists might thank their stars they had such a field for the investment of their money. (Loud cheers.) But the great link in theie . system of railways world be the bridge. If they would look at the map they would see navigable water stretching for 2,C39 miles through the country, and here was the only place where it could be ad vantageously crossed. When they looked at the great West, not only the grain fields of Wes;,eia Canada but of Michigan and Wisconsin furnished, by tnears of ono con tinuous and unbroken line of railway, au outlet to hall a dozen Atlantic seaports, they might feel it teat they child bid defiance to all competition, that they must be come the carriers of produce, not only for their own -)eople, but also for some of the most fertile portions of the United States. He must confess that he should be glad to we— ll() believed the day was not distant when he world—one united Province from the Atlantic to the Pacific, with one chain of railw^.y communication from Ha'ifax to Vancou ver's Bay. When they reflected upon the vast commerce of England with her Pacific colonies, and the means of speedy access to them that this would afford through Bri tish territory, they might feel certain that it was a most desirable and feasible scheme, which would one day be re alised. Then the example Lf Canada would more sensibly affect the relatiors between Britain and her other colonies —for Canada was now, and would cont;nue to be, the pat tern card for the other British colonies, and furnish the mother country with an example for the management of all her other dependencies. The hon. go.. tleman sat down amid loud cheers. The subjoined account of the proceedings of the public dinner in honour of Robert Stephenson, Esq., M.P., will be read with interest. Apart from the circumstance of the world-wide ability of the subject of the testimonial, the conspicuous position of the guests invited to pay due honour to his presence, and the high respectability of the parties who acted" s the hosts in subscribing to the festival, there are other points which invest it with more than ordinary importance. The matured judgment of such persons as Mr. Stephenson and Mr. Jackson on the matters - descanted on by them, with such " native unadorned elotrence," are entitled to, and will doubtless carry, great weight in this country, in the future regulation of our railroad policy. We need not urge attention to these remarks—their intrin sic merit and their vast importance will command for them due respect. The speech also of Mr. Hincks, and in deed of all the gentlemen who addressed the assembled company, are worthy of careful perusal and study. In our last, we briefly adverted to the gratifying man ner in which the dinner passed over, and in giving the present more extended account of the proceedings of the evening, we must repeat our tribute to the entire excel lence of the arrangements. We have never in Canada been present at a public dinner so well provided in every respect with the luxuries and delicacies of the season, and at which the wines were so recherche in quality, and the wait ing so excellent. The decorations of the tables and of the room were in excellent taste. In front of the chairmen was a model of a railroad bridge, with cars passing over, and shipping be neath it, extending the whole length of the table, and ornamented with appropriate flags and devices, which were also exhibited at other parts of the table. The excellent band of the 2641 Regiment being placed in a shed con structed outsicie "of the liiiiliir tialsai Sena ifini — fenadie/1" not too powerful. It contributed largely to the gratifica tion of the meeting by the admirable manner in which it performed a number of delightful pieces of music. The chair was ably filled by the Honourable Peter M`Gill ; to whom the audience evinced, alike by their attention, and by the enthusiastic manner in which they greeted the highly appropriate remarks with which he in troduced the several toasts, the high respect in w dch he is universally held. The two members for the city, the Hon. Messrs. Young and Badgley, ably sustained the office of Vice-Presidents. To the right of the chairman was the guest of the evening, Mr. Stephenson ; to his left the Hon. Francis Hincks ; they were respectively flanked at the upper table by R. Jackson, Esq., M.P. the Hon. Messrs. Rolph, Ross, and Tache, Col. Bruce, and Col. Napier. We observed the following members of the Provincial Le gislature amon g st the party : Hon. Mr. Bourret , M. L. C., Sir A. N.MacNab, Mr. J. A. Macdonald, Mr. Egan, and Mr. Cartier. Mr. Sheriff Boston and other public functionaries, Mr. Allan, President of the Board of Trade, and a large proportion of the leading members of the mer cantile body ; Messrs. Holmes, Molson, Brewster, Delisle, Coffin, and other of our railroad direc tors and p ro j ectors were also 9 present. Altogether, the company may truly be said to have embraced a large proportion of the wealth and intelligence of the city. The Hon. Peter M`Gill rose and proposed the health of the Queen. which was drank with all the honours, and followed by the " National Anthem" by the band —the words sung by Augustus Heward, Esq. The second toast, " Prince Albert and the rest of the Royal Family," was also drunk in similar style, followed by the band with " Prince Albert's March." The third toast, ".The Governor General," the chair man said, was not merely due to the high station of the distinguished individual, but to the efforts he had made, most efficiently, to advance the material interests of the country in canals and railroads. He had done everything in his power to promote theprosperity of the country. Hs Ex cellency had been to him, (Mr. M`G.) personally, verykind ; he might say to his Sovereign, when he reached home, that he had left the colony in a more prosperous st rte than any other Governor had done. He hoped they would wish His Excellency a prosperous passage to his native country. (Cheers.) The toast was then di unk, and thecareeived with immense cheering. After the air from and, " Scots wha hae " The Hon. Colonel lisincE rose to return thanks. He was gratified by the eloquent address with which the toast had been introduced, and the cordial manner in which it had been received. No man could more appreciate this mag nificent testimonial of the kind feelings than the Governor General himself. No one hails with more pleasure, the advancement of every district, and particularly the com munication of one with the other. His Excellency had this great work at heart, and trusted it would extend to link the North American provinces with the far West. The project was no longer " looming in the distance," but was nearly accomplished. The toast was not the less gratifying that it came from a gentleman for whom both in his public and private capacity, he had the highest esteem and regard. His Excellency leaves for a short time to revisit his native country, and in enjoying that relaxation, he will not abate one jot of the deep interest he will ever take in the material prosperity of Canada and as an earnest, after the conclusion of the late long—he might almost say tedious session—His Excellency had ascended the Ottawa, and had even gone further west, and touched a little bit of California gold, (so we understood,) and was not the man to spend his time in indolence. (Cheers.) Hon. Mr. M`GILL then gave " The Army and Navy," and remarked that there were at present rumours of war, which he hoped would all end in smoke. If they did not the soldiers and sailors in the British service would be prepared to do their duty, as they had always done before. Colonel Rama, C. 8., Actg. D.A. General, returned thanks. The Hon. Mr. M`Gree again rose, and said the next toast was emphatically the toast of the evening. (Cheer ing long and loud. After silence had at length been pro cured. Ise went on.) He would introduce to the company their distinguished guest on his right hand, Mr. Robert Stephenson, M.P., whose reputation as a practical and scien tific engineer was confined only to the limits of the civi lised world. Gentlemen of Montreal were doing them selves honour by doing honour to him. His name alone was sufficient to ensure the toast an enthusiastic reception. He was the son of the celebrated John Stephenson, and had inherited his father's genius and his father's reputa tion. In 1828 he was called by his father to assist him in the Liverpool and Manchester Railway. In 1832 he was in charge of the Liverpool and Birmingham as engineer, and experienced numerous and great difficulties in the work. He had also been engaged by mining companies in England and Peru, and prove , i himself full of mechanical resources. In 1847 he had the Chester and Holyhead Rail way, and it was here that his masterpiece of engineering was effected, the bridge over the Menai Straits. This stu pendous work would be looked upon by after ages as one of the wonders of the world. He had also laid out great works on the continent of Europe, and the Paella of Egypt had secured his services for works on his Pashalik. He was now here amongst us to do us good, by designing the bridge at Montreal. Under his auspices, success was certain ; and when built, the structure would not be the least monument that would carry his name down to pos terity. In connection with the bridge, he would also mention the great railway system now commencing in Canada, and the great benefit we were to derive from it. We could not imagine that engaged as he was in works all over the world, he could devote all his attention to this work. But Wellington and Napoleon had their generals and adjutants under them, and Mr. Stephenson would be ably represented by Mr. Ross and others, until his return next spring Be gave the health of Robert Setphenson, Esq., M.P. Mr. STEPHENSON rose amidst much applause, and said that he owed much to the honourable chairman for the distinguished compliments he had paid him, and the high appreciation he had been pleased to express of his merits. He had come to Canada upon a professional visit, and from what he had seen of the cou ntr y , he was convinced that the present was but the commencement of a great railway system, and he ventured to express his sincere desire, that Canada should avoid these errors in producing the system which other countries had committed with theirs. Canada was yet only on the threshold, and the proper laying out of the plan, he thought of as much im portance as the introduction of railroads themselves. He hoped that the legislature of this country would not do as those of some countries had done, for although there were difficulties in the way, yet here it appeared to him they were principally those of legislation. Canada, at present, had an unoccupied field before her, and much would de pend upon the first step. If it were taken with judgment, other difficulties would be of comparatively little import ance. If it were taken injudiciously, what seemed but a speck in the west might become a thunder cloud. The dangers might not be apparent to Canadians at present. but before he sat down he would endeavour to make us sensible of them. He had seen the Ilse and progress of railways in England, and those who had not could hardly appreciate the enormous losses occasioned by false legisla tion. Few, indeed, know the rise and progress of the legislation with respect to them. He would occupy a few minutes in pointing out what those errors were, and what course to take to avoid them. He was incapable of ora tory ; but, having been mixed up with railway con tentions for twenty years, he thought he could teach them how to avoid them. (Here the speaker was inaudible for a few minutes, owing to a slight noise in the room. The general purport of his observations was to point out the difficulties in interposed to the construction of the first railways in Eng land.) After these obstacles raised in the first instance had been removed, the people then became sensible of the immense advantages of the railwoy horse, and the question assumed a new phase. Then all places rushed into rail way speculations. The country was tolerably well filled up with railway lines. Competition arose within the walls of Parliament, not for interest, but for vanity. Here Mr. Stephenson went into the history of several railway struggles, and stated that the committees in Par liament took into their consideration, not who was right or who was wrong, but entered upon questions entirely subsidiary, not at all connected with the profit of the lines or the necessity for making them. The consequence was that committees sometimes decided upon different lines upon reasons entirely apart from their real merits, or the scientific questions involved in the details. There was one district through which it was proposed to run two lines, simplebnalnos both, h. h gopt B e hhrx r eon e hvajteea w eghl y a taeue s vrd:ee n i no other neither. that,tihoh mountainousleuhei r enfg r e hr ao. d tun i aho ffi e eltbhcngieei country,o or l rat t r:n y ea, c‘tonmh, te b hhihec e te eaottrcrrweueotenmeeai instance, might s tini ta,gtteonhht and ileoemitthisghtaatetwtvvohrheeoaebangb. com mittee un i t uhehe r e nt,. g t a o ve s t h h o e rt o e n n e twhheicthinaaefrohrydeed few w e lmeaisntuatecsc,omlemedodiititt wttiho:nio.etti m m l :r t e e ly e s g o av t e ha n t ei N t V h h e e r r_e the and committeeww h er e they a m ightoul should have v givengiven ls o tnhe,i neither; they gave both. Such a species of legisla e tion was faulty, u l and he hoped it would not be imitated i n thi s co nt v Th e re was, indeed, a committee now s itti ng i n England, the attention of which he had called to th ese f ac t s . After lines were granted, the competion, which began within the walls of parliament, continued when the lines came to be put in operation. People said it was necessary to have oompetition for the benefit of the public, that the whole country would La under the dominion of a railway corpo ration, and competition was the only means of checking it, an d preserving moderate prices. Well, he could say, upon the authority of the Board of Trade, — and from his own knowledge that, since competing lines commenced, The Hon. Mr. HINCKS was called upon to respond on behalf of the members of the Provincial Parliament, and said that had it not been intimated to him that day that he would be called upon to respond on behalf of those mem bers, he confessed he should have accused himself of pre sumption if he had risen to do so. He saw around him so many members of both the Upper and Lower Houses of Parliament so much more capable than he could pretend to be of doing justice to the toast ; but he should be sorry to show any, the slightest, hesitation in returning thanks for the very kind and cordial manner in -which the last toast had been received. This was one of those happy occasions when all, whatever might be their differences of political faith, could join heart and hand in promoting harmonious feelings with regard to what he considered the most important interests of their common country. He had the greatest pleasure in seeing around him not only several of his colleagues in the Go veroment, and members of Parliament whose views as supporting the' Government he might be thought more ap propiiately to represent, but also the leaders of the oppo sition, the hon. and gallant knight the member for Ha milton, and the hon. and learned member for Kingston. And ho might say that the hon. and gallant knight had done more perhaps than any other man in the province, not only for that great railway with which his name would always be inseparably connected, but for the railway interests of the province generally, and he was happy on all occasions to give him credit for it. Ho had come there as all the rest bad probably come, for the purpose of listening, not of speaking, and he was sure all present had listened with great pleasure to the advice which the distinguished guest of the evening had offered them, and he for one should be most anxious to profit by that advice. He was quite aware—as all who had any experience of these matters must be—of the very great difficulty there was in laying down a general rule about competing lines, though all might perceive the evils of the present system. It would b 3 difficult to decide exactly what was best, but he was sure he might say, as well for himself as for the other members of the Provincial Parliament of all parties ' that it would be their aim to frame such a system of rules ss would best promote our railway interests. He had no he sitation in s:.:yirg that the object they had in view was not to promote the interest of any one rai'road, but to foster generally the railway interest of the country at large: Un less they could devise some satisfactory system to prevent the evils which had been pointed out to them that evening, they would ran great danger of turning away the stream of capital which was now flossing into the country, and which it was most desirable to have continued. He had endeavoured bither;ao, as far as possible, to orga nise a system in Canada upon some sound basis. He knew'he had been ,very much blamed for entering into negotiations with his friend at the left (Mr. 'Jackson) at the time he did, and not continuing his negotiations with the Imperial Government; but he had since been more than ever convinced that he had acted wisely on that oc casion, and he would give thorn one reason for thinking a o i ifnvsaai without eiatdahhnoafdoudrt offered ft nothinget road rriebdu tai so. After all that had been done—after establishing a line of railway from the extreme west to Trois Pistoles sas had hai sioear tagalapstbeentwteereend Troisinto a p l i fa s i t r o g ies em a e n n d ts m to ira c tn om io p ia l i e , te fo t r h w e into the east; after New Brunswick had done her share a to nd H p c a t which to n l g ib M remainedaenriyraal blame nu l contribution—after r e i t va o ind a de n, cl y N a fpeigrrarlsbpoSu.n Scotia t the r i e this, jt had been found impossible to get the Ineuelial Go vernment to furnish sufficient aid to fill up +h H he believed if any person in Britain was desirous of pro moting the intere s t s o f C anada, that person was the pre sent Secretary for the C o l on i es , th e D u k e of Newcastle.He was sure he would be boy ne out by his friend near him who had recently been in communication with him in England (the Hon. Mr. Ross), in saying that he had mani fested every desire to aid them in their efforts, but it did not seena,possible to get over the great difficulties which I prevented the action of the Imperial Government. Had he continued to negotiate for Government aid before com mencing the road, he believed that there were so many difficulties in the way that they might have waited for years without getting the road. He was placed in a posi tion of great difficulty; but in order to carry out any ar rangement whereby the railway might be secured, he felt it his duty, after a careful consideration of the circum stances of the case, to enter into preliminary arrangements with the eminent firm represented by his friend on his left. He did not hind the Government by these arrangements, much less any one else—the Provincial Government being the only parties he had any authority to bind—but he had felt it hi s d u t y, i n so far as his personal influ ence went, to carry out those arrangements in their integrity. It was a matter of gratification that the subject was not treated in Parliament as a party question, but that he received a great deal of co-operation from .the opposition members, numbers of whom voted with him, while those who usually supported the Ministry were ranged with his opponents upon this measure. We believed it a most happy ci r cumstance that a great railway measure had be en carr i c d by no party division. Before sitting down he would take the oppor trinity of saying a few words about a subject concerningwhich a great deal t. of misconception prevailed. He referred to the negoia tion 'of railway securities. Because people saw certain ee quotations of stocks in the newspapers, they tTeesrecowulicilt suppose that any quantity of similar securities s Lo u n r don market at be " floated off," as the phrase was, in the t c than similar. prices. There could be no grea ey z this. No person who had any experience in the London market would endorse such an opinion. He saw near him a person who had negotiated a sale of a o•reatuan quan- tity of stock in the market lately , he referred to the Pre sident of the St. Lawrence and Atlantic Railway, and he might appeal also to his bon. and gallant friend (he was certain he would permit him to call him so) for Hamilton,. and the member for Kingston, and the gen tleman beside him (John Rose, Esq.), who hr d also visited London on a similar business. They would all confirm what he said. The quotations iu the rewspapers were not those on which prices of actual sales had been made, but those at which persons who had bought were willing to se'l again. Every one knew the effect of overstocking the market with any commodity. The commercial men present would know for instance the effect of crowding the market with large quantities of sugar or other staple article. He saw a gentleman near him (Mr. bl`Dougall) who could tell them the effect of throwing a few thousand shares of railway or mining stock into the market here. Similar effects would be produced in the London market if too much were attempted to be done in this way, with out the perfect confidence and co-operation of London ca pitalists are secured • a nd unless our publi c wor k s were carried on with systematic caution, there would soon eet Pi mittil lished, — from end to end of tbeir country, a system in harmony with itself. They could not prevent por tions of the country having their railways, but they were so small as not to interfere with the great design. It was the interest of the country that was involved, not that of individuals, nor of particular localities. Canadians ought to have a system which world work in all harmony. What was to be gained by ruinous competition? If pas sions and interests were brought into play, nothing could result but destruction of property and loss of life too. He said he could not offer a better comparison between a sys tem judiciously designed and a wild competition, than the steamboat which he was on board of the night before. He found that the vessel was propelled by two engines, each seperate from the other, and he would suppose that they were under the command of two rival companies. These would have their friends and opponents on board, and ho would suppose that the engineers quarrelled what progress would they have made? Would they have reached Three Rivers ? At all events he would not have bad the honour of enjoying the splendid hospitality of the gentlemen of Montreal at that moment. He said he bad one word more. He could not leave the city without saying something on the all-important subject of the Midge. There was here a most magnificent liver, and he had received abundant information respecting it from Mr. Alexander Ross, who had been here several months ago, as to what the bridge was to be. It was a starling project, and at the time he had no idea of having anything to do with it. But having studied the admirable report of Mr. T. C. Keefer, and the philosophical paper drawn up by Mr. Logan, he could - undelstand from what had been written the genera' cirenmstances to be con sidered. But if possible he would be in Canada again at the breaking up of the ice. (Great applause.) Still they might be anxious to learn his impressions about the bridge and he would proceed to state them. According to his I ideas there was no difficulty to be apprehended from the ice. From calcrlations he had made since his arrival in Montreal, he was satisfied that no shove that could come against the piers would be sufficient to displace them. The people here had no doubt seen the formation of the ice in winter and its breaking up in the spring. He had himself noticed those stupendous and beautiful phenomera, of course, but ho had not seen them as they are at Montreal. He won id say, however, that there were facts attending the breaking up of ice which were susceptible of mathe matical demonstration, and the pressure of the shove was also capable of being valued. It was therefore as easy as the addition of 2 and 2 to estimate the pressure necessary to retain the piers m their pla ces . H e b a d b een told that the iee was piled 30 or 40 feet hi g h but its pressure cou ld be easily withstood. He had ca l cu l ated th a t if ice were piled twice the height it would no t d i s t ur b a well con structed bridge. So far, therefore ho would say for i ts permanency. He would also perhaps be expected to sa y something about its site. Th e m i n d s of the c iti ze ns were agitated on the question wh e th er i t should b e b e low or above the town. He thought it his duty not to conceal his opinion upon this point, nor t o permit the ag i ta tion to to go on as if he hesitated on the point. It was a difficult and important subject, but he had brought his best judg ment to bear upon it, and having no interest in it one way or another, he was in a situation to make an indepen dent selection. Whether the place was to be that laid out by Mr. Keefer or not, he was satisfied it must be above the town, and not far below Nun's Island. That was his disinterested judgment in the mat ter. He then thanked his entertainers for their kindness on the present occasion, and he world remember it to the latest day of his life. He would also reflect with pride and satisfaction on his meeting with there wish whom he had been called on to consult ; and he felt proud that his name would in any way be connected with Canada, espe cially in so great a work.- - In rising to propose the Gth toast, the CHAIRMAN said, they had the pleasure to see among them members of the Imperial Parliament as well as members of the Provincial, and it was a somewhat curious circumstance —a curious coincidence, that among the for arer they b a d not only the gr eatest man in the world for planning and s uperintending the execution of great public works, but also the man of the greatest repute for carrying those plans into effect, while among-the latter they . had the Inspector-General and other members of the kroalecial Gove:ament and Legislature, who had been most prominent as promoters of railway en terprise in Canada. Indeed, they are indebted to the, energy, said zeal displayed by the hon. Inspector-General that our great railway enterprises were in so favourable a condition. Without his exertions we should net now have seen Mr. Stephenson and Mr. Jackson among us. With out further preface he would propo:e the health of " the Members of the Imperial and Provincial Parliaments, and the other guests who have hononaed us with their com pan." Ba y nd—" Every land my Home." W. JACKSON, Esq., M.P., responded on behalf of the members of the Imperial Parliament. He was deeply grateful for the honour now done him, and he was sure he spoke the sentiments of the other members of the Imperial Parliament present when he assured them that they par ticipated in his feelings of gratitude. For his own par he must say, that from the time he first set foot on Cahn,- dian land he bad been met with nothing but sincere kind ness. Although others had believed their interests pitted coming as he against his, and had, therefore , offered some opposition, yet all had been done in a kind and honest m o an w n e e v r e , r, an a d ll he hoped he now met all whom he met l as t year with the best andl e artiest feelings of good-will. H e be lieved all, as well those who opp osed as those who aided him had but one desire, to ser ve the interest of their coun twdriyodu. They had strangerhb e a d e o sua a n r v i oi g nn h eg t e d, toth thate d m ou t fH h he i es trusted,me x o p t e i cv expected however, reap anys , ld benefit from his connection with Canada, he was s i ncere l y desirous of conferring benefits in return, and i t was his aware, i earnest hope and belief, that while he furth ered his own interests by the construction o f Canadian r ailways, he should be promoting the most i m p ortant inter ests of the coun people of C anada might be f in t u r toed he atchother. He bad no doubt— otyu, s a l n a d dv t a h n u t s ag l i e e mi rr h oe o da tu c eg o to u : 00 l d an l ow o f o h a k i c s u hy p s et o ae n cmh t o h i nf i s dri av g i r il ba a t ayl c e w o o u r no n um t l r du y nr a ca n ap t d doubt theg on. Wh en from th e in t a g s o o e d o r t mov th a tt ey wr e he t eme it to o their they a all must be sensible that they woul d derive a benefit, and eii reachal men the i r they destination, looked that not a small one, from any means of communication which should lessen that delay. He would not delaythem at that late hour with any lengthened remarks, but he de sired to state some of the results of his expel ience in rail way matters, to follow up the staple observations which had fa"en from Mr. Stephenson, by telling them what he bad learned, not as one who had planned and overlooked the construction, bat as one who had something to do in constractirg them, and in managing their affairs after they were in operation. He recollected having attended a ...seat dinner in London 0nc..,, when a health was given ..eat dinner which he was called upon to respond. He then stated that in consequence of the opening up of the coal-mi ses of Derby shire and Leicestershire by the railways constructed under the superintendence of Mr. Stephenson, he had no doubt a reduction in the price of coal would be effected equal to the whole of the local rates of the metropos, an d benefit thus conferred upon the inhabitants to that extent. He was laughedat the time ; but what was the result ? Why, the price of coals had actually fallen by reason of the greater facilities of transport afforded from ::is. to 225. per ton. When it was taken into consideration that the consumption of coal in London amounted to 3,600,ary‘0 t ons per annum, they would see that a gain to the people of 12s. per chaldron upon that immense quantity did n reality amount to as much as the local rates. Railways in Britain too had produced a vast difference in the price of fish. Franklin had said that every man who drew a fish from the sea contributed a piece of . silver to the riches of his country. They could form some idea of how much was ' j". 4 32s od. get :—' SeP l '