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

. . ... . . • . _ . ___ , ~.. ... . . ..... _ . . - • .......- ......--.' ...,........ vv....« ~....- -••....-................. .....-.....,,,.... „.. ..„..... 4 ~..,... ...... . ~.....,-. , ... . - „.,.-. ___ - - -----,_ - - - ,------- 2.7„............. A .7 ,_ ......... ' -., . . . .. •):( . ~...7 __... ;e , ~ '-- .2 - ' :/(,,.,, : ,.. ,r ~ 1 : r --... / •_,_ - - , . /7 • .„... / • e., / . ..,01 1 W- • e' k, - ,-tri A It!" z ,- 1 1 T.'-',4 rizi , 4 .111 --. 1 ////' . ' ADVERSE EXCHANGES. IGII R ‘ OF INT T. ;;;;?...,......,,,-,,.. ~., mb . al , q yel l --::.„.. , :,%, - 4' t.. • . ..,'''' •,_.'-' - -'8....,3 4 . ,0 14; ‘ :..... ~, ~,,, J ,;,:iy • .°-, r. 4 ,.., ' , --- - -1 ---- e r fA?' . . r .. T•r.. .. _ • . I„, .6. , `,•• A L SO '.! -,*. ..'' , ..' , > 'ir efi_._..,_ .?' - 11 W ' .....r . , • ..-- 4' . ' , I,' '7 8 ' 4 " 4 i •.e , 7 , , t 8-- 1.., .. 'N. 0 ,,... ,''' 0 24 t t . I 0,74,_..: , ; 4 :. ' : ;' , .. \,... :1W ' .'4 „l le - . ~. 4e7 - Vio( l, .40 ~. r., 534 !: 74 44 \ ' `•• --• , " "...5,:,..- .. ..7 r A ys 4<' . - .., ~. ..... \ \ .. A%- ! ..t,k,,- --' A, .„, . e /Lt-te___< ~..% , 2 i ,0,; el-O-P,'Yjlf '..4 - - 1 ,... ..,,,. ~,,,k / ' bp , i ' - T' . 1 - 'l l.' , - - • . i f g...) 1; :l +° ll ,q ..S.SI, 014 ',. ,:' /-;;14.' yam,''.,. ,,.. ~44 1 A,4 y '.. • 4, L ....7 ,: 1 7 4 . - ct 144 < ,..,. :ir, , ;, , r p- -IlL ' Ts-' ..,:r:-' .'-...5,1F .. .0 ' 7' ''' l ' 7 'l; ',.: . OW: ,'" .•. ,z,,'„r,s,'::::;,nolT . ' -;43' - --- . . -4 1 / IV ..---, ,_,, AT: ! zf at our SO' Dog. Ar , 0! i s Ott fa 4d , I 3l° 311 i : s gm, m qrs. iv 2 0 1,1 16 qrs., 51; ,13 sqrs.', 442°5 1 1 1 ' 12° 4 O th' 10 2-I.2tbs ASSESSED 'U" TAXES.—By an Act of the last I '4 4efteisrion of Parliament, 16 and 17 Viet., cap. 90, entitle! re Pealing of dot' Pealing certain duties of Assessed Taxes, and grant t he euti e , ~, les of the same description," certain exemptions fr s o 4 m . IN i t i . _ uat Assessed Taxes are repealed from the sth April, thesth7h_ .et_ed that no Person ke.ping any taxable article lB af r te le ; 14 11 0 ;r° , hst, in respect of which exemption' is allowed by o. l - th etein g ; "'tee, shall be liable to be assessed in the year e n irtki e „„,' r ora t the sth April. 1854, prcvided he shall not retain suech -1114,,f;et..1ie 10th October next, in England, Wales , or Be d k Ytql-rie:°:,.or, after the 22nd of November next, in Scotlan rs , ning h ret4 lo ' n Its HEREBY GIVEN, that al , persons now 1 . h tlk e „ h g i AllY Servant, or keeping or using any Carriage, Horse, ettpt ' fro " ca. under the law relating tt A sse!sed Taxes, is IT n8.1.4,1.1,1'11 dal', Must discontinue such Servant, Carriage, or ere the l if resident in elfinEnglan, ales, or Berwick-n-Twee N d, vetr i b er 0.. 10th october next ; or, Scotland, before het2d se o r : ,sla rot,twfse they will be liable to a-sessment for suc , 4titiLi,:er taxable subject in the ensuing year, thit l. An 9 informati 'hi hla ties may char as to the hasty " w ell are on r‘ c )• r chargeable in the commencing 6th ~ .e z ft. now exemnt but which w,ll be , 4itiesfoZ4elS:ear, will be flirnished to them by Shod district in which such parties respectively reside. the Surveyor of at„; rt ler of the Board. THOMAS KEOGtI, Secretary. L;riretsle, Somerset House (11 ' 3° th AligEtst, 1853: ' ASS R tSSED TAXES. - COMPOSITION. —_ iLitttst-r,,IY itt7thActierpassed in the last Session and progressive p P r a o r a li r a e m ss e iv n e t r etie' Asses ~ cap. 90, the duties an t sled f ,._ sed Taxes upon Servants, Carriages, horses,. "'Wet re , 'whl the sth 4.pril 18 - 4 id in lien thereof a fixe and , sv eof ow _ .8 .- , a, at &c., are or,. h ertau hi 1 Y ' . Imposed from that date upon each Servant t ee l , ~,.. e subject. It if provided by that Act that Contracts, drivet ion! for Assessed Taxes shall continue in full c 2 0 ,.." ainount therein mantic ' ned unless the persons who t 4l l, i'DßlPotinded shall det i th ', lr Contracts on the sth t o do " t",' b Y giving notice T inn ' e s wr f i ci ti r lig the of district r a t e w n h ti l o ch n -`4,ber resPectivelyY reside onel' Taxes before the 10th day of kali neat. • h irlq tit the salt .._is further nrovided that if . any such person bst ' ur veYo r 1, time, and in like manner give increased t, shliti tn , A ,. ,s i ntention to discontinue the use of a y u n oticeto the Composition, ti; 4111 411 aW ° t our part thereof, not included in such tri s ' s th (I I 0u,,a1,1Y cease to keep the same one calendar month m C t e o h ni n e th a l: s e e fo ss r - e , hoe Of th e I APril, 1854. thel not be chargeable in ,hed day !sad duties for year commencing the last-men from . 48 e s iet, he ' B 4 ai or i thuch increased portion of his establishment, respecting ti,,:ii'r:ha4ll' Thave.engeieveesnsarych not ice, and shall have discontinued theabo v e subjectm e n -I;l3',.beehiatnatinforrnation-Yrfhierllichspeafrtnieestimeealyedtehsiereeaosns -'''' stieh " 1 ou application to the Surveyor of the district in t y 0.,, Parties r espectively reside. l irahei e r of the Board, THOMAS KEOGH, Secretary. totid`"'enre, Somerset House, .. '- '••-...... 11 Allg., 1853. LONDON, TUESDAY EVENING, SEPTEMBER 6, 1853. 1 PRICE SD. No. 19,016.] -SEPT• 1. r I~fz ri 4 ,1 21 3 0 32 3 0 4.0 THE NEW MUSICAL NOVEL, PUBLtO DINNER AT MONTREAL IN HONOUR OF R. STEPHENSON, ESQ., M.P. 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. ........ CHARLES AUCHESTER; DEDICATED TO THE RIGHT LION. B. DisRAELf, Is now ready at al the Libraries, in 3 vols. "Charles Auchester is a memorial of that brilliant genius Men delcsohn, 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 hn will read these volumes." — Messenger. Hurst and Blackett, Pu!llshers, Successors to Henry Colburn, 13, Great Marlborough-street. 'Cii rrenel. t to) ; 0,1'" 0(1 2° (I°' This day is:published, the Second Volume of MISS AGNES STRICKLAND'S LIFE of MARY • QUEEN of SCOTS, forming the Fourth Volume of her WIVES OF THE QUEENS OF SCOTLAND. and EngPsh 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 Hall. Volumes I. to 111. contain the Lives of Margaret Tudor, M the agd earlieralene of France, Mary of Lorraine , Lady Margaret Douglas, and Portion of the Life of Queen Mary. Price lOs 6d. each, with Portraits and Historical Vignettes. William Blackwood and Sons, Edinturgh and London. 0-1 6 " i Oi 194 oa Drunk with all the honours. The Hon. Mr. M'GILL returned thanks--When people felt much they cou ld say littl e, an d h e assu red 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 n ame as President of the Bank o f Montreal to endor se hi s very per t o b servations res p ec ting the negotiation of secu r iti es . H e h a d a great d ea l in his power so long as he occ u pi e d hi s present pos i t i on a t the head of her Majesty's P rov i nc i a l G overnment, to res t ra i n the rash enterprises which were now broached, and he should do so. Every county an d township seemed pre pared to pledge their credit for f a vo ur it e ra il way sc h emes, but the time might shortly come wh en many o f t h ese would prove unsound, and the credit of the mu n i c ip a liti es 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_grovincial Government to re strain these enterpiises, ge again thaaed them very heartily for the cordial manner in which they had drunk 40 s :-- 1 ' l as t w e e t rio 12 51 ' ,ug. 27 5, 72 _._.__:_---------- ll y ir ONT BLANC will CLOSE on SATURDAY _.L Evening, Sept. 10, and Re-open on Mr. ALBERT SMITH'S return from the Continent. During the present week the Entertain ment will be given Every Evening at 8, and Tuesday and Saturday morning at 3 o'clock. Stalls, 35.; Area, 25.; Gallery, ls.—Egyptian Hall, Piccadilly. ____—.-------.-----....._ ,Rscf' ..... " ........ ...... :•••"' LAURENT'S CASINO, ARGYLL Rooms, (Lessee, CHAS. C. LAURENT, Onslow-house, Fulham-road). — The above Rooms will are now OPEN FOR THE SEASON, and will continue open every evening, with LA.URENT'S CELEBRATED BAND. Admission, Is. Doors open at half-past 8; Dancing to commence at 9 o'clock, and ter.: Mate at half-past 11. 814 OF-----OLD STORES AT GOSPORT. I , i ADMIRALTY, SOIfERSET-FLACE, lit 0 2(44 in am ire Lord vOM 3d September, 1853. tii ai °Mee of MISSIONERS for Executing the an d do b — .n igh Admiral of the United Kingdom of Great Nt tlp 4tki t , at ereby give notice, that on TUESDAY, the sev tr i l to s ale 1 2 o'clock at noon the Capta.n-Superintendent will ' l 'l , ,ri v icl ta of Pi t ,i ; h ° RoYal Clare ' nce Victualling Yard at Gosport, Arti ci .clis,L iseuit BSTORES, consisting of serviceable Tongues, Old r P er!' 4 c., Bc e a gsr Paymasters' :N ecessaries, Books, Cooperage •bt to ,,,cB wi shi , , VI lying in the said Yard. Cat`'s lodes d t ,,q . 0 view the lots must apply to the Superintendent INlssion for that purpose. `,.....__ 411 Q conditions of sale may be had here and at the C {6, extra % , OF; 13 5 ° a ^5 9 " 73 6,M1 or°j Bran,r % , 47t3 O n ; - stro ° ,,; too' r .7, , 0 Was, Ir teu 104 11 0 3b butte, beg, g e3t• ;(1. ; Fisb, s.O 03 1 0 4 0 t. P ,6. to i u do, a pe-, 9 P e ' e r 0 °. 4 to 31 . P 40 1 . r 351.° (I° ' et't is ; Y g a, l , 6 or ' s r' Glo llei per bt"-- ROYAL POLYTECHNIC INSTITUTION. PATRON—H.R.H. PRINCE ALBERT. CHANGE of the LECTURE on " THE THAMFS." The SECOND PART of an HISTORICAL LECTURE on "THE THAMES," from its Source to its Estuary, by GEORGE BUCKLAND, Esq., assisted by Miss Blanche Younge, with NEW SONGS and NEW DISSOLVING SCENERY, on Tuesdays and Fridays at four o'clock, and every Evening except Saturday at r•ine. LECTURES. —By J. H. Pepper, Esq. :On PHOTOGRAPHY, with Illustrations, Mornings and Evenings. By Pr. Bachhoffner : On ELECTRO-GILDING and The next 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 interesting to some present to learn the particulars of the 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 1849 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. I ears 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 spanning our mighty St. Lawrence. (Cheers.) He called upon them to drink to " the Victoria Bridge, the latest planned of the great bridges of the world." CoN, r ;" ---- -----,....___ 4teT F OR TESMS OF HORSES FOR PORTSMOUTH. D e partment of the Storekeeper General of the e Navy, I tE 0 Somerset-place, September 2, 185 Pt 1..,.. "lnussioners for executing the Office of t tt ' l l, Itela"t o ' li en Admiral of the United Kingdom of Great 1-3 ,.... ritA_in e 27 % • '' 1)0 HER —N o ilst . a . GIVE NOTICE, that on TUE , w Ax, bt 'sk n3 a% *,•'- ' One 0 clock, they will be ready to . treat with such Her Majesty's - 9 , 4ra „',, , Y be wiliing t , ) Contract for supplying '' rertarnouth with SILVERING. The LANCASHIRE SEWING MACHINE exhibited in Use and explained Daily.' ()pen Mornings and Evenings. Admission , Is.; s c hool* and Children under Ten years of age Half-price. SHOOTING, LOUNGING, or TRA VELLING. —G k RAIENTS adapted for the 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, 31 ercbant Clothiers Paletot Patentees, 114, 115, 118, 120, Regent street, and 22, Cornhill •.1 or TEAMS OF HORSES. toy b ,, be re uie Tender may be seen at the said Office. No Ten :• i noti e l etv ed after One o'd •vk on the day ot treaty, nor e' s eti u Pess the party attends, or an agent for him duly t eed Writing, t u d , 41. to r nust be addressed to the Secretary of the Admiralty, 1,4144:1t also bl : l4t ;e h li a v n e d r e de corner er 4 the Somerset-place, " Tender . far Te ,ms," place accompanied by a '4 O l srit i T, eci th bY Two r at Ime esponsib e perso Ft, en,,aging to become ktf-n tabe, „e Person tenderbi in the sum of 5001., for the due ". the Contract. g' IMPORTANT TO HOUSEWIVES. No MORE DRESSES, &C., DESTROYED I N THE WASHING Restores CREWS 'S RINSING LQUID them to their Original Freshness, Fixing ti e !'°lours in all kinds of Fabrics —simple in its application—and very inexpensive TWENPY DROP sufficient for ONE GALLON of ater. Sold by all Chemists and Oilmen, at 9d. per bottle, Agen's—Drevr, Heyward, and Barron, Bush-lane, Cannon-street. Manufactured at Commercial Wharf, Mile-end, London. dells 05 cerl t3 tB4. stet"' .as , d o of [fast sb P a°. SJ II . Do 4 ,, , 11 i; !C1 1 1: 5 0( 44 . 6.1 ,t0 0 201, die. ti t o n . 0 F , k ,„,,T, WESTERN RAILWAY. n0,:g)1%,--,. , EXCURSION TO SOUTH WALES. !la* '_addi n „'". September 19, an EXCURSION TRAIN will 1.1 4 ' Ne wi Zah at 8 o'clock tor Carmarthen. calling at Chep iiitl:ll7, to idi t ; Cardiff, Brithend. Port Tedbot, Neath, swansea, v IPS i?„ l ,. l Ceati e i ., l3 ,TcY, and also at the following Stations on the 't Itesolven , Glyn Neath, Hlrwain, and A ..er ,DD,;O„-ks to Paddington from the .above st , itions on WED qI Unit y ',,e Bth September Ihe Public will thus have an 111, as visiting Tintern Ab . bey. the River Wye, and Chepstow kr t ,' Xeti: ll as the wr nt Scener of the Vale of Neath. the " t 1 Will be the last y w hich will take place to South Wales Preaent season. %If" r vo's (to ' ° O , , e r. 201 7 the Fares There and Back. 4 .. DPA, rir First Class. 13, i ', ,, rt, ~.• • .. .. .. .. 158. t t :gto, 4 ' Cardin . ti a ,,th o r s °r I 'oll T a lb ot .: .. .. 20s. I: kh. Illy „: 4 ..ansett . .. .. 225. ~."4 t iriti - 'enibrev • • .. 255. N,„ ell .. w •"• .. 283. ,t , :o n i t l i n: l ! .. T a e . aii, Ilirw — ain it ‘ an..i.clwAaber f•N Ti c ,_', Y . le of Reath al • 259 • • 208. Od. ke tt 'llon f i ns are not transferable, and are only available for the 1t1y,.: . , Ch ea .,__?lis. They may be prey nit obtained at 27, King ereet, corner of . Jer t st re , t ymde ; 269, Strand ; l a l '''' l 4re ; and at the Paddin 2 g s t . oi n t eSatation, where handbills of ''''dlo aY be obtained. ..,..._ gt on Station, Sept.], 1853. ____----- Closed Car. 11s. 6d. Gd• 16s. 6d. 17s. 6d. 20s. ed. 225. 6d. — LONDoN INDISPUTABLE LIFE 4 POLICY COMPANY, 72, Lombard-street. TRUSTEES. 41 411"PentOn: Esq. I Ittchard Spooner, Esq., M.P. "'WU, Esq., Q.C., M.P. James Fuller Maddox, Esq. William Wilberforce, Esq. DIRECTORS. I t kni, Adams Esq., Benrietta-street, Cavendish-square. li d ' Atkins E sq., White Hart-court, Lombard-street. ;_k]; h t Y Augustus Bevan, Esq., John-street, America - square. tzllan ;afield, Esq., Craven-street. ‘ , 114 i t Forman, Esq., Oalnance, Pall-Mall. Esq , Alfred-place, Thurlow-square. ( t j M atthews '','. Esq., Arthur-street West, City. Wit i tt avius Parnell, Esq., Norfolk-street, Park-lane. 441 Williams, Esq., Rood-lane, Fenchurch-street. X l} l PADDINGTON LOCAL BOARD. ~ Ailit V, 24, Connaught-terrace, Edgware-road. kh Shergold tsoone, A.M., Stanhope-street, Hyde-park. , 441. 0 148 7 1 . Bedford-square, and St. Albans. Pe Maida-hill West, and Bedford-row. n B, i ert en, Es q Eastbourne-terrace, Hyde-park, and Lin /1‘'.1444%/,'liciebseo,,Eastbourne-terrace, liyde-park, and New . Tri me obt s-inn. r ' Egg, John-street, Bedford-row. , Do , Szcarraar—Chas. Hoghton, Esq. It Arta 'g of lip t lo Ns this Company being indisputable, form FAMILY end NEGOTIABLE SECURITIES, for their yah " 0 4 ' n t. as in the case of ordinary' policies, upon the import re Port 3 and other eocuments. ALEX. ROBERTSON, Manager. VPtgli 111 CONSUMPTION SPITTING 0., NIGHT SWEATS, and , FEVERS.—lmmediate in,'Rs',&Tia. MIXTURE,, CONCENTRATED COUGHhantd /-"" in all affections ot the throat, is difficult Vo tt : t 'owever inveterate, this highly•successful remedy i „T e only medicine upon which entire reliance can -1 4 —s o very 1,1 ble in the febrile affections of children t t i ^-41 i l,eaZ t e T h S es b!SORDLIS, liver complaints, indigestion in all its c , - 4 4 :::: 04 ,'_-: 7o ,, a , r9 .l ci oss on o l t appetite &c., en by INFALLIBLE vth p re " effect a radical cure, as prove iby numberless tes- Y by the proprietors, Henry and is Co t Ab °,4 IZ, s ture across the Government stamp none genuine. any re le tnedi4 through Barclay, Sutton, inger, Ste •or Wiloi.. " 'e vendor, in bottles at Is. I }id., 2s 9c1., and 4s. 6d. ',ale depot, Bohemia-place, Hackney. tit, '4 TAKE NOTICE I '''• = L. PERRY Sc CO. CONTINUE TO BE TOT . 19" , it ONSULTED AS USUA- 1, 9 ' StoutrcIau7EnsEEIT),FOxsFFOIRFD:ASTeREET, LONDON, QUIRED MISERIES AND DISAPPOINTED HOPES. THE SILENT FRIEND. 11141' Atka, N 'NG TOE REMEDY °'" in Six Languatm—Fift tan Edition. FOR PREVENTION OF DISEASE. . li, b y One Build, ed Anatomical Coloured Engravings d Edit ion Ptenlarged to 20(1 p Case s a. price 2.. GA., by post, from the 1, 1 •,.., Pst ablishmen:, 44 3 e s. ' 6d. in stamps, 'ket,,, the,, - "ANT FRIEND, a Medical Work on tile,,-.vel,,tlBustion and physical decay of the system, produced by '14 (1 1.1 ' With "n ee, the consequeticf s of infection, or the abuse of AN, by 0,, divections for the use of the preventive lotion, tol ht eat i t '' se rvati o t tlty ' Illo st /Is on Marriage, and the disqualifications which T ,8 1 'id c o ' l tted by 100 Coloured Engravings. ByL. 7edor, '..,. C onsulting Surgeons 19, Berners-street, Oxford- 1 1 8 11: 14 1 sol d 3, r üblished by Sherwoo ' d and Co., 23, Paternoster (''' f' 4 4 3' tian naY, 63 and Sanger, 150, Oxford-street ; Ckir- PAiilhrth„.Bellall-street • ' 95 FarrinAo -street; W. Sutton, 10, ti lail,? r i tre j a a t. ta ; Butler, ' 4 Cheapside • R Johnson, 68, Cornhill. -'''' of the ' and phisiology of the reproductive (141 . 1tT If .' ilinBt rated by 28 Coloured Eng,ravi nes. in ,el)4 and 1.1. t i " , t8 . Of the consequences result' r, , , , from excessive i ,o. ',e1) 4 4 11 f1 btger l amentable effects on the system; producing 11 1 .4 1 yr T. IR4.'weakness, nervous excitement, and generative ti, e Dr it4 11. e.,_rated by 10 Explanator) Engravings. C i r t 1 „, 4 9 (~. R I -8 of the ilisea.ces resulting nem infection, either in "- -414 1ent: ec° ,,,n,darY form, and contains explicit directions for i lia % Ite m ? IV '"I8 ReCtIOD is illustrated by 62 Coloured Engiav I' 4 4 411" 11 4itis a R . lb- kt la °o` ~, which "or the P f re in ve re n e t ti lo o n n o is f ii4t t a tse lotlue,vote7t. thicehctohreiddangterono 1 of marriage and its duties. obviated. Disease b 3r a 1 , 1 '4 Pticau;oroductlve union 4 are era ai ;a considered, and the whole 0 lier;„°B-)/Ai. BA LM Phi losophically inquired tut°. I . u . Acom is e - ' 4l 4,3 o h i s e i.,. A e L x ,4 ua o l B. d Sr xchisivcly employed in tree te ',,, f o , On ce ., debility, impotence, Bsc. lis and 335. per 1), 4 . Dt ort r me iitratod Detersive Essence, ' an anti-syphilitic Acr tlB . s i,"oPttgl fig the blood in cases of infect o . 335. per i a secondary tht 1, 0 , erry, e t . , . and the abuse of mercury, 118 ' Zla and its. 10 81 e ;',,,,, a eert a ; ltif Ylo7 Specific Pills. 2s. 9d., 48 . lA, 41, ~,- . •.etni 4 remedy .or b y 4 tr l ii: o 4l l.lte 04.,?n of the Wadden Consuation fee . , letter panorama, gleet, stri t. .c ' t b ure and _tit etet„, .4.1 et the epic IS required page, in in" I Y b'' 51 . Pack ' ' had at the Establish -0, a' tend Whi tt t -ets, with advice, to be habits, and pos_i- , 8... fr o e „ he fee, 11. is saved. Messrs. l'erry, Surgeons, -ii t4 t Og l e` ', dally, at ' '\.„ .. 7: 11 e. en Two, and l9, Five to Eight; on Sunday from 'Be -street, Oxford-street., Lon _ rortP: Lo tatl o " , indlep Jit w el 101 troloo pshir e bas „stern, t lcii firOrse ICJ E se . tm • k P rt' ce• P t ' 1 ect; if pto° FeP,' 1 6 . • " ptot , ,,ce yet ppt• • " .geP t it; ptol, apt' 1 6 pt 0 1: opt , i g I • .ell . 1 5 • • " Fer i 6 • , torMo 4l o , l l the ,or die o lo' joeof 1 11 Se e iv , , 0 55 , f , lig l ioe t : 6 l 110 the iac e b e icb et all °° l ot Al , ed) rJe ) O 'sttl e. b e Ug 4, h° tit 1,3:1 of the of l'°ll' ti la v 4 JOZEAVS COPAHINE-MEGE, or Saccharatta C PSULES, 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 immediately on application).—Prepared and sold by G. Jozeau, sole French chemist, 49, Haymarket, London ; and Jozeau, Pbarmacien, 161, Rue Montmartre, Paris ; at Liverpool, M. Clay and Abraham, chemists, Bold-street; and the principal chemists of France, England, and the Colonies. Price of bottle of 100 capsules, 4s. 6d.; 50 do., 2s. 9d., with directions, and stamp with the name of Gabriel Jozeau printed thereon. GR AVESEND STA PACKETS. N. other Packets call at the Grays, Greenhithe, and Pinfleet The Packets call at the Piers as underlined (weather permitti FROM TERRACE PIER, GRAVESEND, WEEK DAYS. g l ai 4ti • , = E, .ci ra .E 3 Terrace i,-.,., ... .... to t A Time. . . 'a 1 `6 . ... •E g . ` 4 g In Pier. 4 . c.) A ° 4 . 6) 'at 0 V I:4 q" " 0 El a. g C 5 g C.. 1 -- --- ....- --- -- --- --- -- -..-.- 7 —7% VA * *l'B U * 11% 'l' 9 % 1 _ 11 % -- -- 1 ',4 5 6 5 6 7 1 7% ------- Direct Trains from the Bu. The 94 boat on Monday 5 Omnibuses from Fenchurc every quarter of an hour. BRUNSWICK WHARF, B' low.ng Trains from ,ats marked t Mornings does not stop at Purfieet. c h-street Station to all parts of London LACKWALL, on the arrival of the fol t the Fenchurch-street Station. ----------------------------- WEE SUN DAYS. 4 .5 ti; '2' .; 7- 4.-52 Fen- 0-t ? :a 0 : s' churc 1 8 i , g 0 es si oh B.t cE ti s. Street 2, c , g ).' 0" 1 Streeuct. Z 8 0 o Cs ts P., ... _ _ 8_ _ _ EA— _ 95 1 9% 10% 10 Ii u 10% -- 12% —.— 11 -- 1 -1% — 2 1 4 2 1 4 3% 1 A *54 —6% 6% I Passages marked * are run direct. Fore Cabin. Saloon. :un direct. Fore Cabin. Saloon. .o or from Grave send and London.... •• 10d. .. Is. 2 d. „ Gravesend and Blatikwall or Woolwich Bd. .. Os. 10d. Between Gravesend and Intermediate P i e rs.. 6d. .. Os. 80. BOAT TICKETS. —'twelve Months, 5.. Oa. ; Six Months, 31. Os. ; Three Months, 2.. Os. ; tore be had of the Collectors on board the Packets ; or of Mr. Monkrrace Pier, Gravesend. Fast and Commodious Packets to Let for Excursions. For Terms, apply to Mr. W. Morgan, Agent, Star Office, Fenchurch-street Ter minus, Bleckwell Railway. gent. let. 1853. IMMEDIATE and RESERVE.—For immediate use the Attire presented by E. Moses and Sox is unparalleled in style, fashion, elegance, neatness, and durability ; it N specially suited to the purposes of Ex cursionists and Travellers, being the most art istic in cut and make, the most accomplished finish, and may be had in waterproof materials at very economical prices. Sporting Gentlemen may immediately obtain the most novel and fashionable styles of Costume at the Establishment of E. MOSES and Sox, or at their Bret-end Branch. For this season their Sporting Dress is cut and mule on principles of art, only known at their cele brated Es. ablishment ; its fit is more correct and the garments afibrd more ease to the wearer than any obtained elsew considerably lower than at any other There may he a t h em ous po e. r ary reserve of autumnal we ather ; but E. Mons and Sox have ready for inspection every novelty in materials for the ensuing autumn. These are selected from every manufactory, Britith an d Foreign, and are calculated to create an unprecedented attraction in all circles of society ; the novelty, superior quality, and cheapness of the Goods will be immediately appreciated. The Wholesale Clothing end Outfitting Department at E. MOSES and Sox's is as much distin uished for superior quality and cheap ness as the Goods are for their unparalleled suitability. Captains, Merchants, and Emigrants, may make the most elegibie investments in Goods which produce the greatest amount of profit in any colony. Full lists of Outfits for Ladies ant Gentlemen, with ship sailing information, may be had on application, or post free to any part of the kingdom. WANTED, several first-rate assistants in the ready made and bespoke departments—two to take the place of shop walkers. Apply by letter, stating last situation. CAUTION. —E. MOSES and SON regret having to guard the public against imposition, having learned that the untradesman-like talse,hood of " Being connected with their Establishment," or " It's the same concern," has been resorted to in many instances, and for obvious reasons, they beg to state that they have No CONNEXION were ANY OTHER 11011 SE IN OA our OF LONDON, except their own Establishments, as follows : London City Establishment, 154, 155, 156, and 157, Minories, 83, 84, 85, and 86, Aldgate, opposite the Church, all commvnicating. London West-end Branch, 506, 507, 508, New Oxford-street, 1,2, and'3, Hart-street, all communicating. Bradford (Yorkshire) Branch, 19 and 20, Bridge-street. Sheffield Branch, 36, Fargate. Colonial Branch, Melbourne, Australia. Merchant TailOYS, Clothiers, Hatters, Hosiers, Boot and Shoe Makers, and General Outfitters for Ladies and Gentlemen. IMPORTANT. —Should any article not give satisfaction, it willbe if pr eferred, the money will be returned e xc h a nged if desired , or, without hesitation. All goods are marked in plain figures, the lo west price, trout which no abatement can he made. The Establishments are closed from sunset Friday to sunset on Saturdays, when business is resumed till 12 o'clock. A new Book, "The Herald of the Seasons," containing full lists of prices, our system of self-measurement, factscation, relative topost- Australia, advice to emigrants, &c., may be had on appli or free to any part of the kingdom. ear en ding 1853 can be had gr a t is, A handsome Almanac for t! , e y on application. tel l'on pale Francais. Hier srricht man Deut.rb 14t1 )IQ A.. ...... .41,,,.. . ----'' ICE ON THE SECRET kit 4 11 t3r ITEL LZ°5t.17711 AND MATURITY. LONDON, l tdiet ( i ' l Medi c i ne LBT, 87. BEDFORD-SQUARE, University of i 5 ,1 Urn, he . and Matricolated Member of the INFIRMITIES OF MOety, Lic.„_Tiorary Member of the London Hospital Medical •C_ L olaie of A pothecaries' Hall, London, &C., ao• _ N th ,_, th ..'''')" consulted., personally, or by letter, ou Sc Q , - 4 5 ir e o " all°lls disorders of the nervous and generative sYstem, e`toe'lel'lteerel4lllBve_eniile ir regularities and excesses, which have pro 4ters i t _ 3" at a l s •i n youth, degradation in manhood, and prferras: "ages of life, than perhaps any other class o di e 4 v tre airan u raw _ err , Pathologists Long and practical experience kki 'ere t e 'lt Of these diseases has proved that there are in exist beliee, trail"' of self-acaulred disappointed hopes in miseries t. 1"-- Nt1 4 7. VAiroueasbtle tO certain pernicious habits, to which Nervous 14 114. 41 P0t e , ) , ° ., nl t B of insanity, Unhappy and Unfruitful Marri- It C r tiOdih e .: ,o eal and Constitutional Weakness, and their btu J 1 ahki„ 4,1 0ns owe their almost entire origin. ''Ple,,, er .“' "s' toi t . i ei- se ne a r s in sarY that all men should know that there are hens' gri"eus anagement which cannot be violated without bak,,34 4 , 3 , 0 .. ,n penalties, and when wisdom and regret succeed le, Jie ki i. ,,,._ , _ I considerate self - indulgence, how these penalties h s i'l .„ ?w the". 4:, how the sting of their bitterness may be removel, Q ta ii `.. 4 eref,,, e v :a_nd its con,equenc es may be avoided, and above all, InlVT,i3intl,,,ZYnnart/e dteimcreeleyof physical infirmity or fu , nc a ti c o u n r a e l 111 1 P' h , oXtetrimv4,,WEßT has or la r iag of se s r c i i es enc o ;c y ann ear : b a e p e p. n en a g ed utti:,l%, find is theractice in the treatment of these delicate corn the ' tal.riih, ~ only legally qualified Physician who, reuardless corn -6 ima ail, envy of the hypocritical and mock-modast, has had tett.% "n ee, til 1140 USE Row- IN. I' l to tiles t sii iqg'n select" e rough the medium of the public press, to direct ....••••- enormous evils, from which no grade of society is 7,.. XTVW .._... BOAT CLUB. --The Nat "'d hy the thl4 d efiartment of practice, he has been amply QUEEN'S HOUSE . . amateur t , r, lON of th e , grHat BUCCCSIs that has attended his efforts in the ING CLUB V. THE these two rising ke to Piih4t soqu asn e 's cases, which are too generally confided to the e i ht-oared match between from ROWING MATOII.—SPOTTISWOODE •16 IV TER' - came off on Saturday, oim„,ations, 4ssu e . d and ignorant empirics, who, with their pirated . g clubs appearance of the fine aPP tiis,:ir Daiei tned foreign names and titles, and pretended virtues boat starting, from Queen's it. nostrum tney. Before At nin fi, have inflicted serious injury on those who Pu high spirits, the Ri k hoto ducat to Place f • sio their evident the choice th i e for co . aith in their preten ns. the men, and They won I hmi Eight namtation daily from Eleven till Two, and from • ht were the favourites. race was ~ All letters must contain the fee of' 1/., and. advice dvlce and House eig an excellent start, the of is san be t o , pluck I,,, iiv. 4„ 11 . 6 „.,„ ‘l"'istarded to any initials or address. of position, and, after M ortla —Th e _ ' tirst obtaT,,lna patients wishing to consult Dr. LAIMEET added to their excellent style of Me di a patients of his work on ; the New House crew, on p • assing (I ttit ' Nal ' heat' SELF •PRESERVATION. a them in advance, and trlti reti.,,,el)ebir Oil the Philosophy of Marriage and Nervous and ' rowing, soon place- . for some time in doubt ; but the indomitable ._ , tx4,,' 13 i n detail ti ( 3 :,' race was decided : every illustrated by fifty-coloued engravings, and and through Hammersmith Bridge they were three lengths a,,„,ses. ,/,,,_ Perna arious disorders resulting from secret habits and ahead. From this point the , House, and they even- Ic; - riPti os t.,r al of this tscatise will assist in the correct . li.,4lleiti, gpsis,their cascs, and may be had, price 2s 6d, in English, stroke told against the ka - 11:s arta Ztt, Latch, Italian, or German, of Messrs. Piper tually lost the race by upwards 1) 3 , h, , 52 39, ~,,,,„,".. 23, or • Hannay, 63, Oxford-street; off in - the moat 444 4 :t'eir f z.,,--'"11; Storie Ti tchborne-street, 'llaymarket ;or free - • and everything went respective clubs, Queen's s of twenty lengths. The 1 4 , 81/;', G ..„, - t " st amp's, to any addrer from the Author's rebi --"'INUAZINI LOVIDQN. . sport was numerously attended by the partisans of the satisfactory manner. Qui si path Itellano. Aaua se liable Espanol (From the Montreal Pilot of August 22.) 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 worldwide 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 as 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 eloquence," 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 exteittled 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 2Gth Regiment being placed in a shed con structed outside of the building, the sound was _rendered 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' doh 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 amongst the party : Hon. Mr. Bourret, M. L. C., Sir A. N. Mac Nab, 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 directors and projectors 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 drunk with all the honours, and followed by the " National Anthem" by the band —the wo rds sung by Augustus Howard, 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 the prosperity of the country. His 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 Ito 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 drunk, and received with immense cheering. After the air from the Band, " Scots wha hae " The Hon. Colonel 13Rums 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 mau 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 NAPIER, C. 8., Actg. D.A. General, returned thanks. The Hon. Mr. M`Gmr, 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, he 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 Live-pool 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. f 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 Pasha 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 He gave the hea l t h 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 country, 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 tbe 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 rise and pro g ress of r ailways in England, and those w ho 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 harse, 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 wron g , 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 district scientific questions involved in the details. There was one st h that, if which oneit was got a proposed eher er to t run o o t twoh eother might lines, and there was no other difficulty between them than the simpleiric t thug rivalry, o also. But hero, where the committee • might have given both, they gave neither. In another instance, two lines were projected through a barren country, and the com mittee gave the one which afforded the I tion to the public. In anothe r , where a line east accommoda was to be run merely to shorten the time by a few through a mountainous country, the committee iuutes, leading so that where the committee might have • gave both ; gave neither—and where they should have both, they given neither, they gave both. Such a species of legislation e a nd he hoped it would not be imitated i th , s as faulty, There was, indeed, a committee now sitting ini country. England, the attention of which he had called to these facts. After lines were granted, the competion, which began within the walls of parliament , con t i nu e d w hen 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 coun t r y would be under the dominion e, railway corpo ration, and competition was the only means of checking it, a nd 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, 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 Birmingharn was askedfor, the feasibility of the route was doubted ; great difficulties were suggested as being in the way ; engineers 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; in fact, a meat paternal 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? The opulent were struck down, and the poor were reduced to penury. Nothing but 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 Canada, either by the present or any future Government. It was said that all was right, the public gained what the proprietors lost. But the pub lic had not gained. Capital was absorbed and diverted from other profitable employment. Lines had been located, which never would have been built had a directing genius presided over the chartering of them ; 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 when things came to the lowest ebb, the remedy was in amalgamation. In no in stance had occurred, tleet_einalgaanation hed not reduced -charges. Mr. Stephenson then referred generally to 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 engineer to design for them a net work of rail ways, and he (Mr. S.) had had the honour to be called in, and had assisted in desi g ning 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 friends in England to invest their money in railways here, if reck less competition were allowed, for nothing but loss and 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 lished, from end to end of their 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 would 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 he 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 had the honour of enjoying the splendid hospitality of the gentlemen of Montreal at that moment. He said he had one word more. He could not leave the city without saying something on the all-important subject of the Bridge. There was here a most magnificent river, and he had received abundant infermation respecting it from Mr. Alexander Ross, who had been here several months ago, as to what the bridge was to be. It was a' startling 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, ho could understand from what had been written the gen Oral cfrcurnstances to b e con sidered. But if possible he would be i n .c r i m ilda again at the breaking up of the ice. (Great applause.) Still they might be anxious to learnhis impressions about the bridge and he would proceed to state them. According to his ideas there was no difficulty to be apprehended from the ice. From calculations he had made since his arrival in Montreal, he was satisfied that no shove that could come against the piers would be sufficient to di s place them. The people here had no doubt seen the form a ti o n of the ice in winter and its breaking up in the spring. He had himself noticed those stupendous and beautif u l phenomena, of course, but he had not seen them as they are at Montreal. He would say, however, that there were facts attending the breaking up of ice which were susceptible of mathe matical demonstration, and the press ure o f 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 in their places. Realm(' b ee n told that the ice was piled 30 or 40 feet high, but its pressure could be easily withstood. He had cal cu l a t e d that if ice were piled twice the height it would not disturb a well con structed bridge. So far, therefore, he would say for its permanency. He would also perhaps be expected to say something about its site. The minds of the citizens were agitated on the question whether it should be below or above the town. He thought it his duty n ot to conceal his opinion upon this point, nor t o permit the agitation 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 entertainer s for their kindness on the present occasion, and he would remember it to the latest day of his life. He would also reflect with pride and satisfaction on his meeting with those with 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 6th toast, the Cerantalas 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 former they had not only the greatest 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 Provincial Government and Legislature, who had been most prominent as promoters of railway en terprise in Canada. Indeed, they are indebted to the energy and zeal displayed by the hon. Inspector-General that our great railway enterprises were in so favourable a condition. Without his exertions we should not now have seen Mr. Stephenson and Mr. Jackson among us. With out further preface ho would propose the health of " the Members of the Imperial and Provincial Parliaments, and the other guests who have honoured 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 part, he must say, that from the time he first set foot on Cana dian laud he had been met with nothing but sincere kind ness. Although others had believed their interests pitted against his, and had, therefor e, offered some o pposition, yet all had been done in a ki nd and honest ma nner, and he hoped he now met a ll whom he met last year with the best and heartiest feeli n g s of g ood-will. He be lieved all, as well those who opp osed as those wh o aided him had but one desire, to serve t he interest of the ir coun tdwr would u . a l d now Thestrangery had be aa convinced,m right ong tt that e d m o doubt he es trusted,m ot however, a ll expected if to reap any benefit from his connection wi th Canada, he was sincerely, coming as h e desirous of conferring benefits in return, and it w as hi s earnest hope ' and belief, that while he further ed his own interests by the construction of Canadian railways, he should be promoting the most important interests of the country, and thus he and the people of Canada might be of mutual advantage to each other. He had no doubt— who could look upon this great country and doubt the great good which each individual would reap from the in troduction of a system of railway communication. When as commercial men they looked at the time it took their goods to reach their destination, they were all aware, they all must be sensible that they would derive a benefit, and 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 experience in rail way matters, to follow up the staple observations which had fallen from Mr. Stephenson, by telling them what he had learned, not as one who had planned and overlooked the construction, but as one who had something to do in constructing them, and in managing their affairs after they were in operation. He recollected having attended a great dinner in London once, when a health was given to which he was called upon to respond. He then stated that in consequence of the opening up of the coal-mines 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 metropolis, and a benefit thus conferred upon the in • habitants 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 345. to 225. per ton. When it was taken into consideration that the consumption of coal in London amounted to 3,600,000 tons 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 i n 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 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 ram, 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 c ou ld 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 anticipate 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 Lon 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 bushels would make a barrel of flour, thus giving eight barfelh to the acre. 'lf they could carry that flour for 6d. per 1m...el 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 right to make these observations, as he was a comparative stranger in Canada, but he felt he had a deuttyfel in the e benefits believed he should bed e rived on the one hand from a proper develo p ment of their railway system, and the danger to b e a pp rehended from efi it s unless e ct h to e pointedwith the on the other. He had recently seen perform, out an dh the greatest satisfaction the development of traffic in the eastern part of Canada. He had travelled through the length and breadth of that district, and believed he knew it as perfectly as any one present, and could say for him self and partner, and in a manner respecting th e interests of the English stockholder, they were perfectly satisfied that the Eastern Townships offered a prospect of a full re turn for all investments made there. He perhaps did not 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 their system of railways would be the bridge. If they would look at the map they would see navigable water stretching for 2,000 miles through the country, and hero was the only place where it could be ad vantageously crossed. When they looked at the great West, not only the grain fields of Western Canada but of Michigan and Wisconsin furnished, by means of one con tinuous and unbroken line of railway, au outlet to half a dozen Atlantic seaports, they might feel it that they could' id defiance to all competition, that they must be come the carriers of produce, not only for their own people, but also for some of the most fertile portions of the United States. He must confess that he should bo glad to see— he believed the day was not distant when he would—one united Province from the Atlantic to the Pacific, with ono chain of railway communication from Halifax 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 of Canada would more sensibly affect' the relations between Britain ,and her other colonies —for Canada was now, and would continue 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. ge - Aleman sat down amid loud cheers. The Hon. Mr. HINOKB 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 cdtdial 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 g reatest pleasure in seeing around him not only several of his colleagues in the Go vernment, and members of Parliament whose views as supporting the Government he might be thought more ap propriately 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 he 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. He had come there as all the rest had 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 be 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 world be their aim to frame such a system of rules as would best promote our railway interests. He had no he sitation in saying that the object they had in view was not to promote the interest of any one railroad, 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 run great danger of turning away the stream of capital which was now flowing into the country, and which it was most desirable to have continued. Re had endeavoured hitherto, 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 them one reason for thinking so. After all that had been done—after establishing a line of railway from the extreme west to Trois Pistoles into the east ; after New Brunswick had done her share and provided for a road to Miramichi, and Nova Scotia had at last entered into arrangements to complete the line to Halifax, and nothing remained unprovided for but the short gap between Trois Pistoles and Miramichi, for which alsc Canada had offered a liberal contribution—after all this, it had been found impossible to get the Imperial Go vernment to furnish sufficient aid to fill up that gap. He said this without attributing any blame to any person, for he believed if any person in Britain was desirous of pro moting the intereats of Canada, that person was the pre sent Secretary for the Colonies, the Duke of Newcastle. He was sure he would be borne out by his friend near him o gre.t negotiate ßo for Government who had recently been in communication with him in ti the e s a g y saying t that difficultiesaati ie b, e had for ewhich mani fested, every desire to aid them in their efforts, but it did d n h o e t prevented the action of the Imperial Government. Had 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, ho felt it his duty, after a careful consideration of the circum stances of the case, to enter into preliminary arrangements with the eminent fi rm re p resen t e d b y hi s f r iend on his left. He did not bind 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 his duty, in so far as his personal influ integrity. It was a matter of gratification that influ ence went, to carry out those arrangements in their the subject was not treated in Parliament as a party question, but that he received a great deal of c o-o p eration from the opposition members, numbers of w hom voted with him, while those who usually support ed the Ministry were ranged with his opponents upon this measurea.ilwae believed it a most happy circumstance that a gre t measure had. been carried by no sitting down he would take the opportunity of saying deal g ea a l few words about a subject concerning which o d t a th gr e neaeo•otia party division. a r ß . efor y e of misconception prevailed. He referre aw ce . rtain tion of railway securities. Because peop le 8 could be suppose that any quantity of similar securities in the London market at " floated off," as the phrase was, similar prices. There could be no greater fallacy than quotations of stocks in the newspapers, the were wont to this. No person who had any experience in the London him a person who had negotiated a sale of a great quan tity of stock in the market lately, he referred to the Railway, and he Pre sident of the St. Lawrence and Atlantic market would endorse such an opinion. He saw near might appeal also to his hon. and gallant friend (he was certain he would permit him t o call him so) the member for Hamilton, and the member for Kingston, and the gen tleman beside him (John Rose, Escjil ), who had also vi s it e d London on a similar business. They would all confirm what he said. The quotations in the newspapers were not those on which prices of actual sales had been made, but those at which persons who had bought were willing to sell 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. M'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 • and unless our public works were carried on with systematic caution, there would soon Band—' Drunk with honours. Charlie." -" Over the water to The Hon. Wm. BADGLEY, 31.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 anything he could have hoped to say to it by speakers to a previous toast. But in connec tion with it, he 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 he 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 he 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, whoso intelligence and in dustry attracted the observation of all who travelled among them. They only wanted one thing to fully deve lope 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 assured them that he felt deeply the many acts of kindness that bad 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 he remained in Canada. He assured them that no exertions should be wanting on his part to promote the prosperity of the ceun- ;ry. 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 neat 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 thus borne by Suleyman Bey and his small battalion. l!n -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 rush ed forward in a compact body; but they were repulsed by a heavy fire from the Bos niacs, who were astonished to see themselves attacked by volley, s t ra i ne d to reach the summ it of the hei gh t, received volley ordered staggered, and fell back , leavin g the g round strewn with the bodies of their fallen comrades. Suleyman Bey sprang from his h orse, p laced himself in front on foot, ach s a o r ,s e raa a l n l d a againnumbetrh.ey Again advanced, Sule r y e inen edßeoylle rallied his men, and, cheering, made them shout, "/"ad iochah ehok yashar ("Long live the Sultan I ) as they returned to t he char g e with him, regardless of the fire from above, and strugg lin g g allantl y to g ain the rock. Suleyman Bey was t he first man at the to p , laying about him with his sword. Another shou t, and the devoted little band plunged headlong into the overwhelming mass of the enemy. 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 a t onslaught ; in spite of their numerical superio r ity th ey wavered ; a few stragglers disappeared on th e o th er s id e form theirr ebe ranks.— the rocks ; their ranks were thinning fast by deser tion. A shout from Suleyman Bey, a desperate assault of th e th h e il t l, r o a o n p d s, d f i o d rm n o ei t l ag lik ai e n a attempt wedge, to and the rebels threw down their arms, rushed wildly down th e o th er s l o p e of 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 public import 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 penny, 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 Majesty, is to be liable to a forfeiture of 201. Persons same, receipt stamps on hand are to be allowed for the ( Nora the Economist. ) The value of our exports in 1852 reached the unex ampled amount of 78,000,000/. ; in 1842 they were only 47,000,000/. ; and in 1832 they were 36,000,0001. In ‘the 20 ye ars , th ere f ore , th e y have more than doubled. qn the first six months of the present year our exports are nearly 10,000,000/. in advance of 1852, and it is therefore a very moderate calculation to assume that the exports for 1853 will reach at least the remarkable amount of 93,000,000/. Our imports have also been u s u , l in hee of fa ce of of foreign these large, but it can scarcely be said in the same proportion , c s t t fa sight state taking commodities only, and leaving bullion out of the calculation, th e s t oc k s of most articles being consider ably reduced. S o f ar as commerce i s concerne d, it is difficult, o therefor e, lead to the at first nvo facts, to suppose th a t th e b alance of trade is against us, so a exchanges which no w ex i s t. I t i s true there has b een a large importation of f ore i gn gra i n ; b ut, on the other hand, there has been o f l a t e a very extensive re-export both of wheat and flour, an d especia ll y to France ; so t t 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 e ff ect on the exchanges as for the payment of a balance of im ports. Remittances to England during periods of 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 rece ived, and not the state of the exports and imports, except as they affect the former, that de termines the state of the exchanges. In connection with this consideration there is a fact peculiar to the tra de of England which it is all - important to bear in mind, and which may be of some aid to us at for the adverse state the pre sen t momen t in accounting 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 i credit upon the produce imported, the capital of England is employed frequently not only in rearing the produce, but almost always in keeping it, even on foreign ac count, till required for consumption. This is an interest ing and important fact in connection with our trade, and, as we shall show, may exercise at the moment least ex pected a remarkable influence upon the exchanges. What are the facts ? First take our exports. Take the markets of our entire colonies —take the markets of India of the United States, of S ou th America—in al ' 1, a lengthened cre dit is given upon our exports. In many of these markets the goods necessary for their supply are held on consign ment and with British capital ; and even when sold a long credit is given, and the proceeds not finally remitted to England till the expiration of that credit. Take as an example a transaction in Brazil or in India. A. cargo of Manchester goods is consigned 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 funds 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 hills are abundant, and can be had on g ood terms, the rest of the operation is qui c k enough ; b ut 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. Let us, then, examine the different character of our import trade. England takes credit from no other country. We may fairly assert 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 to this cone try for sale as required. But in the latter case, though held on account of the foreign producer, it is in variably held with British capital. 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 atter 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 payments for the exports of 1851 and 1852, measured by the lesser amounts of these years (in 1851, 74,000,0001., and in 1852 78,000,000 1 .), we are pro ducing and shipping the larger amount of about 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, we 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 adjusted. of 1853. The balance of payments in the meantime must, therefore, be against the country. This, no d ou bt , can only be for a time. In the natural cours e o f tra d e the payments for the expbrts of 1853 will come round, andthe w frequently l e accounts turnwill strongly be in our In like manner, when our trade is contra c ti ng i n ad verse times—when our exports are dimi n i s h e d—i t i s always observed that, notwithstanding th a t f ac t, th e exchanges favour. That of the is obviously caused by th e reverse 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 exports at the moment. It is thus that events, which have often appeared as puzzling anomalies, are satisfactorily to be a ccounted 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 f a vourable state of the exchanges, they being regulated s olel y by the ba lance of payments, on whatever accoun t the y are to be made, and not by the transactions of th e moment. The remarks which we have here made may also sug gest to our readers the true cause of the ra p id rise the in rate of interest, and a good reason why it should con tinue high under present circumstances. To increase b 15,00,00/ , our foreign trade alone in a single ye.ar. y credit o to o ou'r and that, too, upon a principle of giving money for for our exports. whil e we pay ready for our increased imports, may easily suggest such an increased demand for capita l -as full y to tit account for be 5 the present high rate of interes t. loooooo/ . of exports And le re membered that this increase of , , represents but a portion of the increase cons equent thereon. Our bo rne trade must have also increased in perhaps even a greater ratio, in order to furnish a ll th e t d d • d for such an ex en e production. The means require increased wages paid, measured by their greater rate and by the full e mployment of all the people, must alone lead to a considerable increased profitable demand for ca pital, and again to a greatly increased domestic trade in their expenditure. It would not be exactly correct to say that the exchanges and the rate of interest directly affect each other, but it is certain that they are both in fluenced by common 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 state of the exchanges which we will discuss in our next number. UNITED KINCT'DOM LIFE ASSURANCE COMPANY, Established by Act of Parliament in 1834. No. 8, Waterloo Place, Pall Mall, London. The distinctive features of the Company embrace, amongst others: - Tables of Premiums formed on the lowest scale compatible with security, and constructed to meet the various wants of assurers, and every risk to which protection by assurance can be extended. One-half the Life Premium for the first Five years may rernain ci credit. Loans granted on approved Personal Security. 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