The Sun. — London, England, 1853-02-11 00:00:00

LONDON, FRIDAY, FEBRUARY U, 1853. Do the Whigs realty= imagine that they can secure to themselves even the most insignificant modicum of public approval, by resorting once more to their old - device of postponement after postponement ? Positively, it would appear so. It was only yesterday that the House of Commons re-assembled for the transaction of the business of tEe Legislature—it was only yesterday that the new Ministers formally presented themselves be fore Parliament--and already they have given terrible evidence of their intention to delay the serious consideration of all matters of real diffi culty by procrastination after procrastination. Yes, the old, old trick is again resorted to—to the dismay of all rational and practical Re formers. If we have no longer the Bottle Conjuror —we have a cluster of those practised dalliers with the political pea-and-thimble, who have so often before deceived the popular judg 'ment by their adroit and ingenious displays of a dministrative legerdemain. Confident in their Own skill, they seem to count still as securely as ever upon the extent of the public credulity— forgetting that they have long ago been found out, and that they are under the supervision of a duly organised body of Detectives. • Blind, how ever, to past teaching, they have returned to their now notorious schem e of deception. They set up the table jauntily enough on the very first night of their appearance--and there, as smug and self satisfied as ever, stands the arch-offender at the green-box of office, trying as cooly as of yOre to de lud.c., the senses of the s p ectat ors —surround e d, of co - arse, as usual, by his only-Partially-dis guised confederates. The judicious Bottle Holder looks on as complacently as he was wont to do in the good old times, when Earl GREY was Colonial Secretary, and Sir CHARGE S WOOD Chancellor of the Exchequer— twirling that surreptitious straw in his mouth, which he can always at a pinch fling up in the shape of an amendment to show which way the wind blOws. There is the elegant young gentle man, who watches the game under the pretext of seeing fair play, simply with a view to his own amusement. Perhaps the Right Hon. SYDNEY HERBERT will forgive our adventuring , upon the comparison. Then there is the comfort able, elderly gentleman, evidently well to do in the world —with the " spick and span" linen, and the ,olden-rimmed eye-glasses—who is always ready to wager any amount from the depths of his plethoric pocket-book. Possibly Sir JAMES GRAHAM may not be as leniently disposed as his colleague td accept the simile in its more obvious application. There they all are--i u t r i dus ously at work on the ENERAL STEAM NAVIGATION or COMPANY. Incorporated by Act of Parliament. 71, Lombard-street, London. Notice is Ecreby Given, That the Half-yearly General Meeting of he i'roprietors of this Company will he held at the Company's Office, 71. Lombard-street, on Tuesday. the 22.1 instant, at Two o'Clock pre pursuant to the Act of Parliament, to transact the mull busi mess, and to declare the dividend for the half-year ending the 31s December, 1852 By order of the Court, MARTIN PRATT. London, Feb. 1, 1853. UPPER INDIA RAILWAY COMPANY.- The SCRIP CERTIFICATES will be EXCHANGE!) for SKER'S RECEIPTS on TUESDAYS and FRIDAYS only, at the Offices of the Company, between the hours of Twelve and Three, until further notice. W. P. ANDREW, Managing Director. 2, Moorgate-street, Feb. 10, 1853. C F,ERICAIA, MEDICAL, and GENERAL LIFE ASSURANCE SOCIETY. No. 99, GREAT RUSSELL-STB.ERT, BLOOMSBURY. The Annual General Meeting of Proprietors will be held at the Office or the - society. on THURSDAY, the 31day of March next, at One o'CLick precisely, at which Sleeting five Directors, one Trustee, and one Auditor (on the part of the Proprietors), will be elected. Any Proprietor desirous of proposing a candidate for the office of Director, Trustee, or Auditor, must send the name of such candidate to the secre , ary, at least fourteen days before the day of Meeting. The Ballot will commence at Eleven and close at Two o'Clock. An election of an Auditor on the part of the Assured will also take a.l Ice on WEDNESDAY, the 2d day of March, between the hours of Eleven and Two o'Clock. All persons Assured for the whole term o f life, awl nnaltfied to vote, are hereby referred to the conditions indor,ed on tlicir Policies, for information concerning the candidate to be proposed. GEORGE 11. PINCICARD,Resident Secretary. February 10th, 1853. THEATRE ROYAL, HAYMARKET. Farewell Season of 3fr. Benjamin Webster as Lessee and Manager. ___ THIS EVENING, Fins. 11, Will be performed the admired Comedy of LONDON ASSI7R ANCE, by Messrs. eeley, Leigh Murray, Howe, Lambert, 11. Bed ford, Mrs. Stirling, and Miss Rosa Bennett. After which, the new and original Farce, called TO PARIS AND, BACK FOR FIVE 'POUNDS. To conclude with the Farce of A CAPITAL MATCH. ROYAL LYCEUM THEATRE. Under the Management of Madame Vestris. THIS EVENING, FEB. 11, Will be performed the Comic Drama called A PHENOMENON IN A SMOCK-FROCK.. Characters by Messrs. C. Mathews, P. Matthews, and Horneastle ; Miss F. Baker and Miss C. Mitchell. After which, the new and popular original Fairy Extravaganza, entitled THE GOOD WOMAN IN THE WOOD, in which Messrs. F. Matthews, Suter, llorncastle, and Templeton ; Madame Vestris, miss Julia St. George, Miss Robertson, Miss Martindale, Miss Ellis, Miss Wyndham, Miss Eglinton, and Miss Rosina Wright will appear. To conclude with LITTLE TODDLEKINS. Sole Agent tor the Private Boxes, Mr. W. Allcroft, 15, New B,nd-street. THEATRE ROYAL ADELPHI. Proprietor, Mr. B. Webster.—Directress, Madame Celeste. THIS EVENING, FEB. 11, Will be presented the powerful new Drama of SLAVE LIFE ; or, Uncle Tom's Cabin—by Messrs. Alfred Wigan, 0. Smith, and Emery ; Madame Celeste, Miss Woolgar, Miss Harding, Miss Keeley, and Mt*. Keeley. To conclude with the succeisful new Comic Pantomime, called NELL GWYN - .NE ; or, Harle(alin Merrie Monarch. Principal .o anseuse, Mdlle. Auriol • Clown, Mr. Flexmore. ROYAL PRINCESS'S THEATRE, OXFORD-STREET. Under the Management of Mr. C. Kean. THIS EVENING, FEB. 11, Will be performed the Tragedy of HAMLET• Principal charac ters b, Messrs. C. Kean, W. Lacy, Harley, Addison, Ryder, J. Vin{ 'mg, Meadows, Graham, and Cathcart; Misses Heath and Daly; and Mrs. Daly. To conclude with the new and criginal Grand Comic Christ: mas Pantomime, entitled HARLEQUIN CHERRY AND FAIR STAR; or, The Green Bird, the Dancing Waters, and the Singing Tree. Harlequin, Mr. Cormack ; Clown, Mr. /Wine; Pan taloon, Mr. Paulo; Columbine, Miss Desborough. ROYAL OLYMPIC: THEATRE. Lessee and Manager, Mr. Farren. THIS EVENING, FEB. 11, Will be presented LILIAN GERVAIS. Supported by 11Tessrs., Compton, W. Farren, jun., Hoskins, Cooke, Edgar, Bender, anti Clifton: Misses Anderton and H. Gordon. After which, WAN LED ONE THOUSAND SPIRITED YOUNG MILLINERS FOR THE GOLD DIGGINGS. To conclude with ROMEO AND JULIET; or, Harlequin Queen Nab and the World of Dreams. Clown, Mr. Edwin Edwardes,with his highly-trained Dogs. Box-ottice open from Eleven till Five, under the superintendence of Mr. E. Chatterton. ASTLEY'S ROYAL AMPHITHEATRE. Proprietor and Manager, Mr. W. Batty. Crowded Nightly to witness the Extraordinary Holiday Attractions: LAST WEEK BUT FOUR of Mr. BATTY'S MANAGEMENT, I And positively the Last Week of the Grand Comic Pantomime. In consequence of the numerous applications for the reproduction of the superb Spectacle of MAZEPPA, or THE WILD HORSE, Mr. Batty has much pleasure in terminating his professional career! in acquiescing in the generally expressed desire of his patrons and' the public, and will produce the above Spectacle with all its origi. nal splendour on the 14th February instant. THIS EVENING, FEB. 11, And during the Week the Curtain will rise at Seven o'clock, to the 69th Representation of UNCLE TOK'S CABIN. After which, new and splendid Scenes in the Circle, by French and English Artistes. To conclude with the Grand Comic Pantomime of FORTUNIO AND [US HORSE COMRADE; or, Harlequin and the Seven Gifted Men. Doors open at Half-past Six o'clock. To commence at Seven. pot-office open daily from Eleven to Four. Stage Manager, Mr. W. West. 'HIGH WATER AT LONDON BRIDGE. Trim DAY --Morning 2 min. after 4 1 Evening 20 min.aft. 4 To-31ofeRow—Morning 37 min. after 4 i Evening 54 min.aft. 4 DAILY WEA7HER TABLI. FRIDAY, FEB. 11, 1853. State of the wind and weather at each of the following rlaces at nine o'clock yesterday morning. The stations are arranged in order of latitude. HASTINGS—N.E ,_. strong breeze—rain. SOUTHAMPTON—N.E., strong breeze—foggy. FOLKESTONE--N.E., light breeze—overcast, snow. TUNBRIDGE—N., strong breeze—overcast. GREENWICH—N.E., gentle breeze—rain. STROOD—W., strong breeze—rain. SWINDON—N., strong breeze—cloudy. CAMBRIDGE—N., gentle breeze—rain. YARMOUTH—E., hard wind—snow. HOLYHEAD—N.E., gentle breeze—showery. LANCASTER—N.E., calm—foggy. SNAP—N.E., calm—snow. The returns from the following places indicate the state of the weather on Wednesday morning at nine o'clock : SwiNDON—N.E., gentle breeze—rnow. HOLYHEAD -E„ gentle breeze—partially cloudy. LANCASTER —N., calm—partially cloudy. WHITBY—S., gentle breeze—overcast. DARLINGTON—E.S.E., gentle breeze - partially cloudy, frost, snow. THE WEATHER.—SUN OFFICE, FEB. 11. THERMOMETER, IN THE SHADE. 33—highest since noon yesterday. 27—lowest this morning and during the night. 32—this day at noon. BAROMETER, 29.39. WIND, N.N.E.—Fine sunshiny weather. We have had a slight fall of snow in the night. 4. • ‘: g • , 1* I . l t inn) 'E SUN, LONDON, FRIDAY EVENING, FEBRUARY 11, 1853. very first night of the re-assembling of the Legis lature. Is the unlucky pea upon which the pub lic bag staked its dearest wishes supposed to be found at last in the form of a modified Income Tax—the master juggler has so contrived that it is, of course, under the wrong thimble. It is not here before us where we dreamt it might be—it is reserved for another year's consideration. It is precisely the same if it happens to be the Con solidation of the Criminal Law—that has to be de layed until we have settled the question of Second ary Punishments. Have we deluded ourselves with a belief that we have discovered the reform of the Ecclesiastical. Courts—whew ! presto ! the thim bles have rattled ! and its mere consideration must be deferred until after we have conned the yet unfinished report of the Commissioners. Even the Betting-office system, which, at the very least, we had hoped to catch and strangle, is to be found like the nick on the Derby day, " nowhere"—though we are told that the mat ter is still undergoing anxious considera tion. It is the old device, we repeat it, the old trick of Whiggery—a trick, howbeit, that no longer deceives any rational man in the United Kingdom ; for we cannot induce ourselves to be lieve that the nation will allow even a Coalition Cabinet to rule the affairs of Great Britain ac cording to no more satisfactory system than a system of intolerably, and we may even say im pertinently, cool postponements. Whatever may be the prospects of other re forms, there is every reason to anticipate consider able amendment in the practice and administra tion of the Law. Vigorous and energetic labourers, men fully qualified for the Herculean task, have set about the important duty of cleansing the Augean stables, and removing the vexatious delays and ruinous expenses to which unfortunate litigants were heretofore subjected. There is, fortunately too, " unrestricted competi tion "on this point. On Monday next, the LORD CHANCELLOR will announce the Ministerial inten tion with respect to Legal Reforms; and there can be no question but that he will be materially expe dited by the zeal and energy displayed by the other Law Lords. The EX-CHANCELLOR—than whom a more efficient, discreet, or more competent Judge never occupied the Woolsack—is even before-hand with Lord CRANWORTH. He has already introduced a series of measures for car rying into practical execution the extensive ame liorations announced shortly after the meeting of Parliament, which have respectively received their first readings. There is one Bill for the fur ther relief of the suitors of the Court of Chancery, three different measures relating to lunatics, one to• Bankruptcy, and one respecting the Criminal Law, the codification of which is at length about to be attempted in good earnest, and the first instalment whereof has been intro duced by the Noble and Learned Lord. Un der such auspices we may feel certain of valu able amelioration, more especially, as Lord CRAN WORTH will be incited by the brilliant example set by his gifted predecessor an example that might excite even Lord TRURO himself into activity. On the whole, the Legal Reformers may rejoice at the progress that has been made and is making, and may look forward with confidence to the speedy arrival of the time when something as near perfection as can be hoped for in any earthly in stitution, will be attained in the procedure and administration of the English Law. On Monday we selected the case of the " class" barrister as affording a strong illustration of the injustice of the present system of assessing indus trial incomes under Schedule D. As much might be said on behalf of almost any of the other classes whose precarious and fluctuating earnings are charged under the same Schedule. The over toiled and badly-remunerated country surgeon, who must be ready to answer any call, at any hour, and to bravo the most inclement weather at midnight or early morn in discharge of his ordi nary avocations, is compelled to keep a couple of horses to enable him to visit his patients. These horses are not kept for pleasure purposes. Their use is essential to the acquisition of the income about to be taxed, and the cost of their keep may be regarded as a strictly professional expenditure. But not only is no allowance made on that account, but he is even subjected to further taxation on these horses, on the vehicle in which he is conveyed from house to house within his district, and even on the man-servant whom he is obliged to hire in order to attend to the highly-taxed horses and the highly-taxed carriage. .We believe that a large proportion of the average income of the " class" will be absorbed in these " professional expenses." He is expected also to set aside sufficient to pro- vide for the evening of his days, when his ad vanced age and increased infirmities no longer permit hini to undergo the excessive labour inci dental to his occupation. He must likewise in sure his life for the benefit of his family, taking out a policy engrossed on a high-priced stamp, if he would not incur the imputation of great im prudence. And yet the miserable 3001. a-year which he may earn, subject to so many and such irresistible claims and drawbacks, is treated as if it were fully equivalent to the dividends on 10,0001. inscribed in the name of the fortunate possessor in the books of the Governor and Com pany of the Bank of England in the 3 per Cent. Consolidated Annuities. And according to Messrs. GLADSTONE and BABBAGE, he has no just cause of complaint ; although, if retiring from ill-health, or any other cause, he 'could not obtain 5001. as the price of " his practice ;" and although the fund holder who would receive more than 10,000/. for the value of his stock on selling out, has no spe cial or unavoidable expenditure to deduct out of his income, not having even to provide a receipt stamp when pocketing his dividend warrant, and being enabled, if he thinks proper, to retire to the cheap towns of the Continent, and not even to contribute to the indirect taxation of the country. The country Clergyman who is placed in care of an extensive but badly-remunerated parish, will also have many demands on his slender stipend—not only will a horse be necessary to carry him from point to point within his parish, but he must contribute liberally to the parochial clubs and parochial schools, and lend a willing ear to the well-authen- ticated tales of distress and destitution which he too frequently hears in discharge of the duties- of his sacred calling. If he fulfil these duties honestly and conscientiously, he must allocate a considerable portion of his receipts to these pur poses, and making a provision for the wants of his unportioned families. But, according to the present system, he must pay the tax upon more than double the amount that he is authorised to expend on his own purposes; and that is the sys tem, the justice and propriety whereof is so clearly perceived by the CHANCELLOR, of the EXCHEQUER and his obsequious followers. The merchant who at one time succeeds in a bold speculation, acquiring large profits, is charged on the entire amount, although a considerable portion should be set aside as a guarantee fund, to provide against future losses. He will be well aware that he must look for such losses, as well as profits, in his hazardous undertakings, that the next transactions may turn his previous gains into ' losses, and leave a heavy balance at the wrong side of his ledger ; nay more, may sweep away every farthing of his capital, and involve him in ruin and bankruptcy. But though he is expected to pay on his gains, nothing is allowed towards his losses. One year his profits may be 10,000/.; on this he will 'be required to pay 2911. 13s. 4d. The following year, through bad debts, the glutting of foreign markets, or the bad faith and treachery of some friend and correspondent in whom he reposed implicit confidence, he may lose an equal sum ; but in place of his books beim!. exactly balanced, he will be minus nearly 3001. •on account of his transactions, besides giving his :labour gratuitously for two years, which 3001. li 7 . ould purchase an annuity sufficient to satisfy in wrpetuity the contributions of the owner of 1(1,000/. Three per Cent. Consols. In like manner, the manufacturer will fre quently be compelled to work " short time," or to k eep his factory open at a certain loss, which, like man y other employers, he will submit to r ather than see his men undergoing the privations r Ind mi . & ery which must necessarily arise from the cessation of employment. In fact, wherever a higher rate of profit is obtained on the capital invested, it is only because a greater degree of risk is en countered in the business which yields, or is sup posed to yield, the largest returns—the extra profit being considered as an insurance fund to replace lost capital or diminished profits ; and it is grossly and palpably unjust to place incomes on which there is no risk in the same category with those from which a considerable depreciation fund must be deducted. The one may be ex pended to the last shilling; a considerable portion of the other must be set aside, or the party will find that he is playing with a stronger pull against him (in consequence of the Income Tax) than that to which the frequenters of the salons of Homburg or Baden Baden are subjected. Is it, then, de sirable to check speculation to make parties " bury their talents ?" We believe not ! It is strange that any doubt could exist on such a point in a commercial country. " A nation of shopkeepers " should know better. We regret to find that the Government are still playing fast and loose with this all-important subject, or at least maintaining a mysterious silence, for which it is difficult to account. The Noble Leader of the House of Commons tells us that " immediately after the Easter recess the CHANCELLOR of the EXCHEQUER will propose the financial statement for the year." It might be supposed that this would imply that a full solu tion of the existing doubts would be effected at that period ; but in a subsequent portion of his ,speech the Noble Lord made use of an expression susceptible of a double interpretation, and involv ing a degree of ambiguity very unsatisfactory to Fiscal Reformers. He said—while avowedly throwing over the question of Parliamentary Re form for the present year—" Now the question to be considered by the present Government was, whether it was their duty to propose that the subject of amending therepresentation should be thrown aside for the present Session, in order that other press ing matters might be legislated upon, or whether, 'they should endeavour to ejfect a renewal of the In come Tax for the present year, without any obser vation or discussion whatever, in order that they might devote the whole of their time to that one subject of Parliamentary Reform ?" Now, this may be intended to mean that the re-adjustment of the Income Tax would not be postponed, or, as a feeler to see how the suggestion of its renewal for a single year, in its present objectionable form, would be received by the community ? We shall at once answer the interrogatory on the latter point, giving his Lordship full permission to ride off on the ambiguity if he thinks proper. Not all the Administrative talent and experience of the leading Members of the present Cabi net, and we freely acknowledge its extent, if it could be multiplied a hundredfold or a thou sandfold, not all the oft-refuted arguments or specious sophistries that could be put forward, if myriads of talking machines and writing machines were invented and constructed for the purpose, and each endowed with a forty-GLAnsToNE power, would induce the people to submit for a single day beyond the sth of April to the gross injustice of the present iniquitous system. There has been ample time allowed for consideration. Twice has the Act been renewed for a single year, to give sufficient opportunities for inquiry and de liberation. The respite would not have been granted last year, but for the peculiar cir cumstances in which the then Government was placed. The patience of the sufferers is, however, now exhausted ; and it requires no ex traordinary power of vaticination to foresee the result of any further attempt at shelving this all important subject. Let Lord JOHN RUSSELL and his colleagues, then, be warned before it is too late. These are matters on which the country will no longer tolerate any degree of temporising' or-mystification. i Anextra iindividual extraordinary example of euter prse was yesterday recounted. in our columns, to which it is but right that the attentionof the pspiuroboil project c should st hohfo here ld b connecting re m made, morn e ,o b f c emp r r s e e s , sly to diet the remarkable yrallrnd railway the Although A l the u ports of Seaham and Sunde proposed line will extend over a distance of merley seven miles altogether, we speak of it s advi edly as remarkable, because in the present instance the railroad is undertaken by one adventurous man, and not, according to the usual custom, by a com pany of shareholders. The whole cost, the entire responsibility, the exclusive credit of the scheme, devolves by right upon the sole projector of the achievement—the Marquis of LONDONDERRY. Already—as the community was reminded by the interesting proceedings described in our impres sion of last evening—to that nobleman the' county of Durham had been indebted for an uncommon display of energy and munificence.• Seaham itself is, of this fact, a sufficient and brilliant attestation. For it cannot soon be forgotten thereabouts that t is in i Lord n a LgrOeNDatOND measure, En R LONDONDERRY its n o d w e e e s d, i n p d r e o h s t p e e d r i t f y, or and its very existence. The harbour is the creation of his personal enterprise. , The town traces .to that enterprise its rapid rise and progressive develop ment. The local Infirmary is the offspring of his benevolence. The poor of the neighbourhood have h goodte education children in hi his affi i e w ng ue o nc e, t o seeing that its princely and judicious employment. And now to the schools, the Infirmary, the town, and the harbour of Seaham, another boon is about to be conferred by the same hand, upon the inhabitants of that district, by the formation of the branch railway connecting it with the flourishing port of Sunderland. The incident is one, we believe, in every way unparalleled. According to the state ment already made public, the estimated cost of the undertaking will be about 50,000/. sterling, every fraction of which is to be supplied by its originator, the Marquis of LONDONDERRY. His Lordship will be at once the Board of Directors and the Company of Shareholders. The funds required will come from his own purse—the land traversed from his own property. And in this manner we shall witness the somewhat unaccus tomed spectacle of a railroad commenced and com pleted without the necessity of overcoming the ob structions of conflic tin g interests --without the 'opposition of landholders --without the aid of an Act of Parliament without • even the ex pense of any application whatever to the Legislature. How all these apparently mi raculous advantages come to be combined in furtherance of the enterprise, may be very readily comprehended, when we find that, with one or two ;" unimportant exceptions," the whole of the coun try traversed by th e projected railway, on belongs already to the noble Mar q uis, as a porti of his (splendid possessions. Aware of these rather novel particulars in reference to the proposed line of communication between Seaham and Sunderland, we cannot be surprised that the inaugurative cere mony of the Bth instant, the ceremony of digging the first sod of the new railroad, should, as it evidently did, have appealed to the finer feelings Of those present, to their hearts and imaginations. present, Otherwise, we might have been somewhat startled, and, perhaps, amused, to find an ironmaster there a poetic quotatio n from Professor LONGFELLOW. closing his sp eech upon the occasion with Everything considered, however, it was but rea sonable that all those interest ed in the proceedings should view with some degree of emotion the course pursued in this instance, in the autumn of his honoured career, and the evening of his useful life by the gallant Marquis o f Londonderry. As he himself not ungracefully r eminded his hea rers on Tuesday—whatever risk or trouble may result f ro m the project w ill be his, whereas, the benefits and advantages accruing from it, must be diffused g more or less throughout the whole mass of the local population. It is surely an enterprise such a s this which sheds t rue lustre upon a patrician= ,rendering him not on e of those misguiding ligh tres ts 'spoken of by the eloquent MASSILLON' " le g s as qui devaient ,marquer nos routes changes already des feux erraus qui n ous egarent." During his lengthened existence, Lord LONDONDERRY has, by his energy and ability, contrived to secure to him 'self more than one honourable title i to dstinction, more than one title to the respectful estimation of his contemporaries. During the last war when, as a young er brother, he was siraply Sir CHARLES STEWART, heproved himself a good soldier inspain, and a skilful diplomatist in Germany. His perional gallantry was displayed in the former character by more than one brilliant feat of arms, and, among others, by seizing with his own hand General LEFEBVRE DESNOUETTES, Commander of the Imperial Guard of the great NAPOLEON, and carrying him off prisoner during the daring charge at the heights of Benevente. His diplo matic adroitness, on the other hand, was memor ably illustrated by the success of his endeavours to master the indecision of the then Prince Royal of SWEDEN, the irresolute and tortuous BERNADOTTE. Later on in life, the Noble Mar quis upon two celebrated occasions revealed the fervour of what we may . call an eclectic mag nanimity. Nowadays, we may presume that few require to be reminded of his appeal to Lours PHILIPPE in behalf of the prisoner of Ham, and subsequent to LOUIS NAPOLEON in favour of the captive of Amboise. Mean while, securing by these means a substantial claim upon the popular admiration, by evidencing the nobler characteristics of his temperament, he has not been idle, as we have seen, in diffusing benefits throughout those in the immediate neighbourhood of his possessions, by a lavish but well-considered munificence—by that truest appreciation of the advantages accruing from wealth, which is shown by its judicious employment. If, in the distribu tion of his riches, thos9 r i c h es have multiplied— it cannot be the leas honourable that they have been so applied as to secure individual good, and, at the same time, to confer the blessing of prospe rity upon the industrial and poorer classes of the population. Lord LONDONDERRY himself al luded on Tuesday to his " advanced age," and spoke of that " grey head," to the sug gestions of which Seaham owes its harbour and its railroad and, remembering those allu sions, we have a very peculiar satisfaction in offer ing this tribute to the public services of a good citizen, to his . unflagging energy, his indomitable perseverance, his courageous enterprise, and his princely munificence. Sympathising, as we do, from our heart of hearts, with what is known as the cause of the democracy, we speak none the less cordially on that account, rather, should we say for that very reason, the more earnestly, because the more dispassionately and independently, of the practical and meritorious civism of a true hearted patrician like the Marquis of LONDON DERRY. COURT CIRCULAR. WINDSOR, FEB. 10. The following had the honour of dining with her Ma jesty yesterday :—The Duchess of Kent, the Princess Augustus of Saxe-Coburg, Princess Adelaide of Hohen lohe, the Lady in Waiting to the Duchess of Kent, the Lady in Waiting to the Princess Augustus of Saxe- Coburg, the Baroness de Speth, Viscount Harding; Lord George Lennox, Colonel the Hon. C. B. Phipps. and the Rev. Dr. Pulling (Vice-Chancellor of Cam bridge). The band of the Grenadier Guards played several select pieces of music on the East Terrace at seven o'clock this morning, being the anniversary of her Majesty's marriage. Viscount Hardinge and the Rev. Dr. Pulling (Vice- Chancellor of Cambridge) have left the Castle to day. The Hon. Charles Gore has been invited, and is ex pected this afternoon. The Countess of Charlemonthas succeeded the Duchess of Norfolk as Lady in Waiting to the Queen. A deputation, consisting of Dr. Gourley, Mr. J. B. Greenough, F.R.S., and Mr. Charles Freeth, had an in terview with Viscount Palmerston yesterday on the sub ject of the St. John's Wood Burial-ground. The Bishop of Antigua had an interview with the Duke of Newcastle yesterday at the Colonial-office. A deputation, consisting of Messrs. Pease, Reade, Thomas, and Hutchison, had an interview with the Hon. Charles Gore yesterday, at the office of her Majesty's Commissioners of Woods and Forests, in Whitehall place, on the subject of the Hutton-moor Ironstone Agreement. A deputation from Brighton had an interview yester day with the General Board of Health, at their office, Whitehall, in relation to the application of the Public Health Act in that town. The deputation consisted of Mr. W. Beedham, the High Constable of Brighton, and of Mr. Richard Edwards. The Hon. Charles Gore left town yesterday afternoon for Windsor Castle, on a visit to the Queen. Lord and Lady John Russell had - a dinner party on Wednesday at their residence in Chesharn-place. The company consisted of Lord and Lady Wodehouse, Lord R. Clinton, the Right Hon. Edward and Mrs. Cardwell, the Right Hon. E. and Mrs. Strutt, Sir David Dundas, Admiral Stewart, Mr. Hastings Russell, and Mr. Ver non. The Speaker's first Parliamentary dinner is on Satur• day, the 19th inst. CONTROVERTED ELECTIONS.—The Speaker has ac quainted the house that he had received a report from. the Examiner of Recognizances, stating that the recog nizances to the election petitions relating to the city of Durham and the borough of Lisburn are unobjectionable. NORTH OF EUROPE STEAM NAVIGATION COMPANY. —The shareholders of the North of Europe Steam Na vigation Company held their first half-yearly ordinary meeting yesterday. The report stated that the second call of '2l. 10s. per share had been up to the present time very fully responded to, and appropriated in payment of the ships and plant purchased from the Northern Steam Packet Company. Two steam-ships of 800 tons each have been ordered, one of which is consi 4mrably advanced and the other is about to be commenced. The Norwe gian and Swedish trades are likely to be opened to the company under most favourable circumstances, while the trade between Great Grimsby and Hamburgh is steadily increasing. All this has given a stimulus to to the promoters of the Harwich Railway to hasten the completion of that undertaking. Parties are also applying for a bill to enable them to form docks at Harwich. Upon the whole the directors announced themselves prepared in the ensuing spring to carry out all that had been contemplated. The following is a statement of the share capital:--Authorised capital, 25,000 shares, at 201. each, 500,0001. Of these 24,790 were issued upon a deposit of 2s. per share, giving 2,479/., and yet in the account of the receipts and ex penditure the same item appears as 2,469/. The first call, which was one of 485., calculated at 59,496/. ' was paid to the extent of 51,636/. The second, at 505., payable upon the 15th ult., calculated at 61,9751., has as yet yielded 2,1621. 10s. ; the 210 unissued shares, calcu lated at par, are worth 1,0501. ; the amount uncalled is 375,0001. ; the total income has been 56,2671. 10s. ; the expenditure 33,5581. 13s. 9d. , leaving a balance of 22,708/. 16s. 3d. THE WIDENING OF CHANCERY-LANE.--Two houses at the south-west corner of Chancery-lane, numbered 130 and 131, are about to be pulled down, under the direction of the City Commissioners of Sewers, for the purpose of being reb u ilt i n a l i ne w i t h t h e robemaker's at the corner, which will thus considerably widen the thoroughfare. One of the houses which are thus about to be swept away, is deserving of especial notice from its antique character. The whole of the houses on the same side of the street, as the leases fall in, will be pulled down, for the purpose of widening this crowded thorough fare, which is especially required, from the great increase of traffic which has of late taken place, and the number of omnibuses which now run along the street. HOSPITAL FOR SICK CHILDREN. - The first annual general meeting of the governors and subscribers to this charity, which was founded for the sole reception of sick children, was held yesterday afternoon, in the board room of the hospital, Great Ormond-street, Queen square. The report stated that the hospital was founded at a meeting held at the Hanover-square Rooms, at which the Earl of Shaftesbury presided. The whole of the funds at the disposal of the committee being wholly inefficient for the erection of a new building, they at once took the building now used as the hospital, in which the rooms are spacious and lofty, and with a garden of nearly an acre in extent. The medical report stated that at the first opening of the hospital it seemed ' almost as if a children's hospital were not needed, for so few were the applicants that during the first month only 24 were brought as out-patients. This limitation, how. ever, has long ceased ; 1,250 were received as out patients during the past year, and mothers now often seek for admission for their children whom want of room or want of funds compels the medical officer to refuse. The fever wards of the hospital have, as was expected, proved themselves of the greatest importance. The whole sum at present subscribed amounts to 4,2211. from donations, and only 2931. from annual subscrip tions. Her Majesty had subscribed the sum of 1001. The report was a dopted. PROSAIC END OP A DUEL, —In consequence of some expressions used by M. Ghislain, agent at Compiegne for the Mons Coal Company, an explanation was asked for by Captain Varint, of the 7th Chasseurs, and in the end a hostile meeting with pistols was decided on. The adversaries were placed at 50 paces distance, with liberty to fire when they pleased. Captain Varint received a slight wound in the thigh, which was healed in a few days. But, the Commissary of Police, having heard of the circumstances, considered it to be his duty to have the whole of the parties concerned—principal and seconds, the wounded man excepted, brought before the Correctional Tribunal of Compiegne. At the trial, which has just taken place, it was proved that everything had passed over with perfect regularity ; but the present jurisprudence not allowing any recourse to duelling, the court condemned the various parties, for inflicting cuts or wounds, with intention , &c. , to the following fin es : —M. Ghislain to pay 100 f. ; Captains Grandin and Land, of the 7th Chasseurs, seconds to , Captain Varint, 50f. ; M. Dau g er, landowner at Com - peigne, who h a d ac t e d as second to M. Ghislain, 25f. ; Beaune, of the 7th Chasseurs, the fourth second, whose intervention before the duel had not appeared sufficiently conciliatory, 120 f. In addition, they were condemned conjointly to pay the costs.—Galignani. OVERLAND MAIL. (BY_ ELECTRIC TELEGRAPH.) MARSEILLES, FEB. 10. By the French boat the following dates from India have arrived :—Calcutta, Jan. 5 ; Madras, Jan. 10 ; Bombay, Jan. 13. A proclamation, dated Dec. 20, says that now and for the future the province of Pegu will form a part of the Eastern British territory. Three thousand chests of indigo were sold from 45 to 55 rupees higher than last year. Exchange in Calcutta, 2s. ld. The Egypte steamer arrived at Trieste yesterday afternoon, at one o'clock, from Alexandria, having accomplished the distance in 146 hours. By this conveyance we learn that Pegu had been annexed to the British empire, by a proclamation dated the 20th of December last. It concludes by an intimation that in case the King should still refuse to make peace, or in any manner to molest our new Burmese territory, he will be expelled from his throne. The Burmese do not manifest any intention of yielding, and therefore an advance upon Ava appears to be inevitable, which will probably be effected as soon as the necessary means are obtained for the transport of the troops. The Overland Mail does not furnish any other news of public importance. Commercial affairs are dull, but money is easy. At Canton, 120 rebels have been hung during the last month. LAW INTEL LIGENCE -(THIS DAY.) ROLLS COURT. (Before the Master of the Rolls.) YORK AND NORTH MIDLAND RAILWAY COMPANY V. HUDSON.--JUDGMENT. This was a suit instituted by the York and North Mid land Railway Company against Mr. George Hudson, M.P., their late chairman, to recover the value or pro ceeds of the sale of certain shares in the undertaking, disposed of by Mr. Hudson for his own benefit, and which, it was alleged, were so made away with by Mr. Hudson without authority, and in violation of his duty as a trustee of the capital of the company. The bill stated that the York and North Midland Railway Com pany was incorporated by the statute 6th Will. IV., c. 81. Mr. Hudson was an original promoter of the company, and was elected one of its directors at :the first meeting of the shareholders, and afterwards, when, in the usual course of proceedings, it became his turn to go out id rotation, he was always re-elected. He was also the chairman of the company, and was invested by them with large powers. He kept the seal of the company, presided at the general and special meetings, and had at all such meetings a casting vote, and, in short, was possessed of very great influence through the confidence re posed in him by the shareholders. In 1846 the East and West Riding extension branch line was projected, the capital to consist of 1,250,0001., in 50,000 shares of 251. each, and an act, 9th Vic., c. 66, for constructing it was obtained in June, 1846, whereby, among other pro visions, it was enacted by section four that the new shares or stock should be of such nominal value, and distributed in such manner, and on such terms and con ditionsas any general meeting should have directed, or should thereafter direct, and that the same should be considered part of the general capital of the company. On the 16th January, 1846, before the act was obtained, a resolution had been passed, by a general meeting of the company, that the East and West Riding branch line scrip should be issued, and that 37,950 scrip shares should be allotted to the shareholders of the York and North Midland in certain proportions bearing a relation to the number of shares they held already in the com pany, and that the remaining 12,050 scrip shares should be at the disposal of the directors, to be applied and dis tributed in such manner as they should think proper. The scrip was accordingly issued to the extent of 37,950 shares to shareholders. The bill stated that the defen dant had the disposition of 12,050 scrip shares placed in the hands of the directors, and going with great minuteness into the different transactions, alleged that he had disposed of the greater portion of them for his own purposes, and to his own benefit, and finally prayed that the defendant might be made to account for 5,075 shares disposed of by him. There were two preliminary transactions, and involving a sum little short of 70,0001. to be refunded to the com pany by the defendant. This was the case against the defendant as regarded the East and West Riding Exten sion line ' • but the compa n y had another branch, th e Hull and Selby line, in which the defendant had taken shares, and as to which there was a like charge against him as in the Extension line ; but he had taken these shares, or at least many of them, in exchange for some of the Extension line, so that, if he could maintain his right to the latter, his right to the former could not be disputed. The defence set up did not deny the general disposi tion of the shares alleged against him, but justified it in answer to the bill by a record of his own acts and ser vices to the company, for which he complained he had never received any adequate remuneration. He stated that he had devoted a great deal of time and attention to the affairs of the company, that he recommended a certain number of shares to be divided among the shareholders, and that the surplus should be left to the disposal of the directors, and that, after devoting 37,950 shares, there would re main 12,050 to be divided among other persons, at the discretion of the directors ; that a resolution was' passed, and that by the general meeting, that these 12,050 shares should be placed at the disposal of the directors, to be applied and distributed by them for the good of the company. He stated further, that opposition to the line was very strong, and it was necessary to buy off the hostility of landholders along the line, and that large sums of money were necessary for this purpose ; that he himself, to benefit the company, had became the pur chaser of an estate, through which th e extension line ran, at the pri ce of 474,0001., and that he had the same and even a better right than any other landholder to an issue of shares, as he was the largest landholder on the line, and purchased entirely for the benefit of the com pany, and to turn off opposition to the line, not to speak of his active services in promoting the company'i interests. The defendant also stated that on finding he had received about 16,0001, premiums, which the com pany ought to have received, he paid the same to them of his own accord. The Solicitor-General, Mr. R. Palmer, and Mr. Hobhouse, were for the plaintiffs ; and Sir P. Kelly, Mr. Rolt, and Mr. Grove for the defendant. His Honour this morning gave judgement. After going through the facts of the case at some length, he said there was the clearest evidence to show that 5,000 shares had been disposed of by the defendant, of which no account had ever yet been required of him as to the mode in which he had disposed of them. It was urged on behalf of the defendant that these shares were placed at his disposal by the resolution of the shareholders, as in effect he constituted the whole practical direction of the company, and to put them at the disposal of the directors was to put them at the disposal of Mr. Hud son. In his Honour's op in i on the director of a railway company was a person in the position of a trustee for the benefit of the share holders, and it would be impossible, he thought, to contend that a resolution of the shareholders, such as that which had been alleged, could be held, without some plain and unambiguous language, to be a deposition of shares for the benefit of the directors themselves, and not for that of the whole shareholders. It was incom prehensible that the shareholders should have made the defendant such an absolute allotment as this which would have enabled him to put into his pocket 100,000/ , wo uld h a might otherwise have benetitted by. With regard to the defendant's plea that he was one of the principal landowners along the line, that, if admitted, would place the defendant in the impossible position of be ing at once a trustee for the shareholders on the one hand, and, on the other, a landowner whose opposition to them it was necessary to buy off. He should not enter into the ulterior question, as to whether it was competent for a public meeting to bind absent persons, or even a minority, to such a disposition of shares as this but he should be sorry if anything fell from him which ; should lead to the impression that the Court would favour such a proceeding. It was also urged that the directors having had those shares placed at their disposal, were not bound to account to the shareholders for the pre miums which they might receive. Without entering into the question as to whether premiums of this sort belonged to income or capital, he was of opinion that no director could obtain directly, or indirectly, any per placed advantage for himself from means which had been placed at his disposal for the benefit of the shareholders. With regard to the general defence set up as to these shares, he was of opinion that the defendant had failed, and he had to investigate there the particular de fences which had been set up with respect to different portions of these shares. The defendant alleged that he had disposed of 2,306 shares, for the benefit of the company, and that he had paid 1 6,0001. on account of the premiums to the credit of the company. An account must, therefore, be given to Mr. Hudson for these shares. It was further alleged that 1,105 shares had been disposed of to various persons, in order to secure or reward services which the defendant declines to mention. This was the statement in answer to the bill ; but at the bar it had been openly advanced with regard to the measures which were necessary for the promoters of a bill to take to pass it through Parliament, that many members of Parliament, who would shrink from taking a pecuniary bribe, did not scruple to accept of shares at par capable of being sold for a considerable premium. Having had some experi ence in Parlia ment, he (his Honour) did not believe that such m eans were either necessary or expedient to promote the passing of a bill, and certainly this Court would not sanction any such application of shares being brought forward as an excuse for not rendering in an account. The defendant must, therefore, bear the consequened, and he could not discharge himself of them by pleading MONEY AND COMMERCIAL NEWS. CITY, Two o'CLocic. The sales of Cotton at Liverpool yesterday were estimated at 8,000 bales, of which 1,000 American were taken for export, and 1,500 on speculation. The market closed tamely. The sales comprised 6,000 American, 320 Pernam and Maranham, at 61d. to 611; 70 Bahia, at 6/d. to 6kd.; 700 Egyptian, at 61d. to 11d.; and 800 Surat, at 3#d. to 41{1. per lb. Railway Shares were firm. The Produce Markets this week have been steady for most staples, and with a fair demand for con sumption. The value of sugar has been maintained, and coffee has been at about the former price. Cotton is not so lively. Indigo and wool are going off satisfactorily. Tea is firm ; and tallow dull. The range of prices at the Colonial wool sales is id. to lid. per lb. higher on good, and the attendance of buyers is numerous. The poorer sorts are up Id. per lb. The Calcutta news per telegraph is to the sth January. Money was easy, and trade rather dull. In the Stock Exchange this morning a rev. gentleman who had been " bearing" shares and not having them to deliver, had left six or seven brothers to pay his losses, has been " lynched " in a manner that necessitated the interference of the police. By what manoeuvre he was enticed into the " house " we have not heard. The English Stocks have been quiet but rather firm. Consols have been 991 for transfer, and 991 for account. The proceedings in Parliament last night appear to give satisfaction. The New 31 per Cents. have realised 1038 to #, and the 3 per Cents. 1001 to 1. Bank Stock is firm at 227 to 228. India Stock has been quoted 266. Ex chequer Bills are well maintained at 525. to 565. premium. Foreign Securities have been rather fluctuating. Turkish are not quite so high as they closed yester day, being premium. The indemnity to the holders will, it is understood, be about 4/. per bond, or the loan will be contracted for on new terms, redeemable in ten years. Sardinian stock has ral lied to 941. Spanish has not been dealt in. Mexi can Bonds have been quoted 23k to #. Grenada Deferred Stock is at 11# to Brazilian Old Bonds have been at 1021, and Buenos Ayres re main at 63. Mexican have been buoyant at 23k to Dutch and Russian Securities are steady. Gold mine shares are at full rates, but not much is doing. The Land Companies' shares are firmer. The Joint Stock Bank shares are quiet. The tone of the English Railway Market is satis factory, but the dealings are moderate. French shares have been higher, but still with very little business. The settlement is expected to pass off in favour of the Bulls, but a small " continuation" is neverthe less asked, and the Bears have contrived to borrow stock. An accident is reported on the North-Western Railway, and four or five persons are said to have been killed. BRITISH FUNDS THIS DAY. (From the Official List.) Business done. Bank Stock 3 per Cent. Reduced Annuities lO Ol 4 100 3 per Cent. Consols Annuities New 31 per Cent. Annuities... Long Annuities, Expire sth Jan., 1860 India Stock India Bonds, £lOOO Ditto, under £lO3O Consols for Account 10th March Exchequer Bills lid. March. £lOOO 52 6 £5OO 52 6 Small 52 6 PRICE OF FOREIGN FUNDS THIS DAY. Brazilian Bonds, 5 per Cent. Buenos Ayres Bonds, 6 per Cent 63 Grenada Bonds, Deferred, Mexican 3 per Cent 234 8 g Peruvian Deferred 3 per Cent Russian Bonds, 5 per Cent. Ditto, 4i per cent Sardinian Bonds, 5 per Cent. arkish Loan, 6 per Cent., 1852 Austrian Bonds 5 per Cent.. Belgian Bonds, 41 per Cent. Ex. 25fr Dutch Exchange N per Ceut Ditto 4 per Cen;;. Certificates........ Ditto for the Account Consols . Ditto March Account, 65 1 60 99W June. . 120) . 103 93' 4} 4 P 97 99 971 A i 98 THREE O'CLOCK. 99 994 fi MARKET NEWS-(THIS DA Y. ) CORN EXCHANGE. The present week's arrival of English wheat up to our market, coastwise, have been on a moderato scale—they having been confined to 3,020 quarters, and in very inferior condition. Fresh up, this morning, the supply by land carriage was limited ; hence the show of samples was trifling. The attendance of buyers being small, the de mand was in a sluggish state. In prices, however, we have no change to notice. For forward delivery next to nothing was doing. The imports of foreign wheat have been only 1,410 qu ar t ers . G oo d h eavy parces sold slowly, at full currencies. In all other kinds next to nothing was doing. Floating cargoes met a dull inquiry, at barely late rates. Fine malting barley was very scarce, and quite as dear ae on Monday. Grinding and distilling sorts sold at late rates. The demand for malt was tolerably fine, at full cur. rencies. We had a very slow sale for oats, the prices of which were with difficulty supported. Beans, peas, and flour met a very dull inquiry. English .. Irish Foreign .. Wheat. 3,020 ARRIVALS THIS WEEK. Barley. Malt. Oats. Flour. 3,050 3,960 1.510 1,250 7,600 f 10,340 2,70 1,410 I 660 SMITHFIELD. The supply of beasts here to-day being very limited, and the weather favourable for slaughtering, the beef trade ruled steady, fully Monday's pikes. The best Scots sold at 4s per 81b. We- were an iv s u ppli e d w i t h sheep, the time of year considered. All breeds moved off freely, at extreme quotations. The primest old Downs were worth 5s 2d per 81bs. The few lambs in the market sold at mut ton prices. Calves, the number of which was extensive, met a dull inquiry, at a further decline in value of 2d per 81b. The top figure was 4s 6d per 81bs. Pigs sold at late rates. Mulch cows moved off slowly, at. from 4/. ss. to 191. each, including their small calf. Per Blbs to sink the offals. s. d. e. d. Inferior Beasts ...2 8 to 2 10 Second quality ...3 0 3 2 Prime large oxen 3 4 3 6 Primo Scots, &c. 3 8 4 0 Inferior sheep ...3 10 4 0 Second quality _4 2 4 6 Prime tree.-wiled. 4 8 4 10 s. d. o. d. Prime Southdown 5 0 5 2 Large crse. calves 3 0 4 0 Prime small do 4 2 4 6 Large hogs 210 3 6 Small porkers 3 8 4 0 Suckling calves 19 0 24 0 Quarter old pigs 19 0 24 0 FOREIGN SUPPLY. Beasts . lBO Sheep Calves 222 Pigs LEADENHALL. steady, at our quotations. ;he carcaso. Mutton, Inferior Do.,middling Do., prime Veal a. d. a. d. 32 3 C .3 8 4 0 .4 2 4 6 „210 4 0 .3 2 4 0 Pork, small TOTAL SUPPLY. Beasts Sheep Calves 341 Pigs 330 NEWGATE AND The general demand ruled 1 Per 81be by i s. d. s. ci. Beef, inferior 2 4 2 8 Do.,middling 2 10 3 0 Do., prime large 3 2 3 4 Do., do. small 3 4 3 CI Perk, largo 2 8 3 0 BOROUGH HOP. We have again to report a steady inquiry for all kinds of new hops, at fully the late advance in the quotations. The supply on offer is limited. Old hops are very firm. Mid and East Kent pockets, 95s to 165 s ; Weald of Kent, 95s to 112 s ; Sussex, 92s to 110 s per cwt. COLONIAL. SIICIAI2.- -There has been a fair demand for British Plan tation, and at full prices. Barbadoes sold readily, at 6d advance for some sorts. Mauritius went at 37s 6d for fine yellow, and up to 38s 6d ; low to good mid. sold at 34s to 36s 641, crystallized good yellow at 38s to 395, mid at 375, and low at 36s Gd to 37s 6d. Bengal, a small parcel, brought 38s to 38s Gd for good white Benares, 36s 6d to 37s 6d for low to mid, and 36s to 37s 6d for good and fine yellow. Mauritius sort, low brown, being taken in at 27. 6d. Madras brought 28s to 29s 6d for mid to fine brown, 28s 6d to 33s for low to good damp yellow, and 35s to 358 6d for good bright. Manilla was offered to the extent of nearly 9,000 bags, and was partly taken in at 34s 6d to 35 s f or m id clayed, but unclayed, damp, and syrupy, sold at 30s to 31s 6d, and very low at 295. Foreign China was taken in at 328 6d to 33s 6d for mid to fine brown. Yellow Havannah, for Antwerp, sold at 20s—the quality being No. 1. Some good and fine was taken in at 38s to 41s, and damaged found buyers at 35s 6d to 38s per cwt. Macaio and Bahia was taken in at 31s Gd to 33s for ord to mid brown, and at 33s Gd for good and fine. Re fined has been rather firmer. COFFEE.—Business has been conducted to a fair ext en t , and in the commoner sorts of foreign there ha s b een more firmness. Native Ceylon has been sold p r i va t e l y at 46s Gdto 47s for good ord. Plantation brought 47 s t o 5 0s at 48s d, grey dark Demerara went to 49s 6d f or fi ne or l 44s Gd to 48s for triage, 36s for very ow, and 46s for lord for good ord mixed, and 50s to 54s for fine or d. L ow mid dark peaberry. Costa Rica sold at 51s to 545, and some and fine red 41 s t o 46s ; ord pale Brazil at 425. COCOA.—Trinidad has been sold a t p rev i ous rates, mid RICE.—The market is rathe r drooping. Bengal has b een 35 sold at lOs to 15s Gd for mid, an d M a d ras at 9s to 9s 6d f or ' andand gmoiodd grey red 3352 5 8 6: 0 1 t 3 .6 8 3. 9s . , the same description. Coringa brought lOs to 10s 6d, being 3d to 6d lower. COCHINEAL.—There has not been much doing. SPlCES.—Penang pepper has been sold at 3id to 30d for ord and mid. Mace brought 2s 6d to 2s lld for mid and good pale. SALTPETRE. —BengaI good sold at 29s to 29s 6d for 3i per cwt refraction. COTTON. There has been rather less doing. Itura.—This article has been dull of sale. TEA.—The market is firmer. are fully asu 13 d TALLOW` P.Y.C. is steady at 43s 9,(1 to 44s per cwt. on he spot. qualitie's Ske°llrtre' et xweeloNpDptlrfGeocOre.d---tihnTheg lOodwasyalsceo;saprpisr,eoovgire on the rather easier ; 1,137 chests have passedof wh'ich 8 were withdrawn, 333 bought in, and 796 sold'. Total quantity pa,ssed 3,291 chests, previous rates the same 7 any such application as this. There remained 1, 00 shares, which the defendant admitted that be had ap plied to his own use by way of compensation for the,Tr: adequate salary whi c h h e rec eived from the p laintlu This was certainly an argument which could not be r,e7 ceived "by the Court. When the defendant accepted the situation of chairman of the railway, he was aware tha t the salary was only U. per week, and most prob ab he believed th a t th e i n fl uence an d power which wo ul belong t o th e c h a i rman o f a grea t company,filo th e t York and N or th Midl an d R a i lway, wou ld be euffic ie a n d , remuneration in it se lf. If th e d e f ence set up we re mitted, there was no clerk who might not justify hia ropriation of hi s mas t er ' s f un d s b y th e e xcuse d that h.! id not consider hi mse lf adequately rewarded for Ina invaluable servi ces . A f urt h er general defence was theicl set up, which was th a t th e s h are h o lders had acqu iesce in the allotment of th ese s h ares and in the disposition 01 them. As evidence of this, it was stated that the sha r F: register books were produced at the general meeting,ellci Jan. and July, 1847, and in J an . and July, 1 848 ' 3 , 1' 1 ,1 that the shareholders mu s t b e su pposed to hav e them. In Jan., 1847, at the e nd of the list of slia,rie holders, there appeared 9,610 shares set down in name of Mr. Hudson ; in July, 1847, 8,391 • in tin ' s 1 1848, 5,141 ; and in July, 1848, 4,991, whie b , number was all that remained of the 12,050 snar-s. originally placed at the disposition of the dir ecto . r. o From the manner and the position of this en tr y' Honour was of opinion that these shares were sin l P n ia a register of shares which remained unappropriat ecl ':; e a were so considered by the shareholders. Had th e ye originally allotted to Mr. Hudson, they would ha ° appeared in his name in the alphabetical order, an d il t at the end of the list. If they had been appropriated 1 Mr. Hudson, he would have had to pay the deposit and calls upon them, but it did not, appear that any deposit or call had been paid, or that any dividend shad been declared on them. With regard then to the halt and West Riding Extension shares, his Honour was 0 , opinion the defence wholly failed. He had now to 07 sider the Hull and Selby shares, and applying the Id, principles to this part which he had already exp resg he was of opinion also that this part of the t he u fendants case also failed. In this part °f been case about 936 shares were said to hav e "i he appropriated by the defendant, and that too w ithout the sanction, which he had pleaded in the first part d i , , " case, of the resolution of a general meeting of the holders. Th e defendant urged th a t h e was to be 0°, 11 " , dered in this case, in the light of an allott e e, but his I ' °- e i l our was of opinion that he had no c l a i m to any 6 c ur position, and that for reasons he already stated, the , fendant was nothing more than the servant of thel /13 t l l, ll O tiffs', and that he was therefore liable to account, for P shares which he had disposed of. He was of opill i : 9 0 1 , 3 : therefore, that the defendant's case had wholly f n a. and he should order a decree declaring that the do e ' the ant, as a trustee, in his capacity of chairman for tui t York and Midland Railway Company, bound to a nc Lo to the company for all the profits derived by him i j' AT - es t the sale of the shares specified, in the East and s. Riding Extension, and in the Hull and Selby Itan'iihe He should also direct an account to be taken °'", monies and profits which had been received by the de' e " , ant, the defendant to be charged 5 per cent, on the sal9 j and credit to be given to the defendant for all sums Bo ' o' by him to the use of the company, and all just a- ,t ances to be made. In all cases where the exact pr ice be which the sh ares were so ld, or th e ti me , could n e ' ve • ascertained, the defendant to be charged with th e 3 00 rage market of the period when they were sold. A e l. inquiry t o b e su bj ec t t o suc h s p ec i a l d irec tions a rl 'the lowances as might appear to be necessary during progress of it. e d Sir F. Kelly asked what would be the course pu.- - • • if it sh ou ld appear t h at t h e d efendant had so ld sine nO tion of the shares at an actual loss. ch s Honour said he had not had any evidence of aly o Bii tic ii circumstance brought before him, but of course, if spa should appear to be the case, in taking the account, cial allowance would be made for it. Decree accordingly. SHERIFFS' COURT.-(THIS DAY.) (Before Mr. Gurney.) BOND V. NINE. The plaintiff is a surgeon, and defendant is a n ° o t. Ile3". The acti on was brought to recover the sum n 2s. f or services rendered, and 21. 4s. Bd. for money out for the u se o f the defendant.A Withlt appeared th a t b ot h part i es had been connec te- ciao t railway company, which failed in em b r y o . Defer' b an d l the solicitor, he brought an action in 1.84 7 ) 7. 2g, 12aintiff was subpcened as a witness, and received 2 .,! r0 s He,a however, went a short distance to induce Sir Jam. Hay, y, one of the directors to give evidence, and, , 131 4 1 : 1 :00 contended that he was to be paid, and chargeo now claimed. called to BuCpraporttaitnhJe J chie ones, ti o ff ne b of the . d . ireetors,.was ut his examination - o e ianadcsross-exanainatio'n by Mr. W. R. Buchanan ( of treet) for defendant, he denied all knowleog uerend an t • any P 3 having given any orders or promised meat. 11is Honour said he did not require to he ar io t r i Buchanan, he wasperfectly • - v e rdic t satisfied, and a go for defendant. Verdict accordingly. SECONDARIES COURT. (Before Mr. Secondary potter.) BENNETT v. WINTER. The plaintiff resides in Norwich and defend an t London, a n d th e act i on was brought to recover the 60 of 81. for m oney l ent to defendant's wife seven Y e ago. • An d Plaintiff proved advanci ng th e money, but de-en Ana swore that it was borrowed without his knowledge/ his wife had never told him. ; To take the ease ou t o f t h e Statute of Liln't a-floor o,l* witness was c a ll e d t o prove an admission w i t hi n 6 r 9_,,, e e Defendant positively denied this, but the jury' g; . l "' the case, and gav e a ver di c t f or t h e amount claimed. COURT OF COMMON COUNCIL. • lo' Yesterday a c our t was h e ld ; it was a tt en d e d by an deif en.iusual number of mem b ers , a repor t having be °. the circulated that th ere was some i ntent i on of oPP°Bltioo° re-election of th e Cit y S o li c it or on account of his exec ujog. in forwardin g th e o bj ects of certa i n large pub li c corolla . ft A vast deal of i n t erest was exc i ted upon the ocoasillajol; was known that the re-appointment of the corpora officers would como on a, an early hour. o° l Alderman H ump h ery and Mr. James Low were of the mously re-elected Governor and Deputy-Governor Irish Society. Citf Mr. Deputy C ORNET, pr i or to the election o f Pl ies of Solicitor, call e d th e attent i on of the court to the col per that officer, and the manner in which they have bel g formed in ref erence t o hi s ( Mr. P earson ' s) embartl a itb heart and so u l i n sc h emes not i mmed i ately conne ct the corporation." Mr. C. PEARSON justified himself at great leni,tighv said that if re - e l ected to the office the Cour t , t ot rely upon it th a t so long as he remained City 0° tr., be would not engage i n th e f orma ti on of asCOP company or r esume his connexion with the C.lYfig minus Comp any , except for the purpose of wieulOotiV some pecuniary engagements and finishing some n e tiol;r; tions commenced before he retired from the air e ,,:i a e He had never, directly or indirectly, connected any with the professional business of any company or al l t l e j dividual since he had held office, and he had 4 1 ' 3 ; 7° 6 s _ A ° many days and as many hours to the important cl i l l e fi c eir,7, his office as any man who had ever tilled it, and he a 13 , ' it was an admitted fact that he did not fall beli' l ' as ioe g professional brethren in power to grapple with the v ii tter 4 great questions that, as City Solicitor, required his the tion. He could say with confidence that, during vo'" years he had held office, except during a period of el. r ote ' illness three years before,' he had never been absentauriog business but once for 21 days and that his holy4ar be yogi' the whole time had not amounted to 10 days ln, i a - It"; his labours averaging seven hours a-day. Ho e ilu giously observe the pledge he had that day gi ve 4 i t t th frankl rot t y admitted that if it should appear to him t t"' t his earnest and enthusiastic exertions it could, b i ll a° without them it could not, be carried out, he NO i f 00 6 ; place hi mse l f i n a false position by taking any 1° " to sl o e i sures, but w ou ld he prepared, at whatever sacrific e ', .„1 the con nex i on which had endured for so many Ye3ut ing that they ought then to part with sentiments 111 of affection and esteem. W i of Mr. Pearson's address was listened to through° . 0 0 intense interest, an d was closed amid general oxPress3. approbation. Mr. Deputy CORNET moved that Charles Pearson, be re-elected City Solicitor. (Cheers.) Several members rose to second the resolution. e e 1 o Mr. ELLIOTT moved as an amendment ;—`` Tha t ri v- oiri e v e, tion of the City Solicitor be postponed until it' s A A ° made respecting the discharge of the duties of tara ts tit because this court is of opinion that it is not c °l,ooc l° o t with the honour and dignity of the Corporation 01 0 00 4 , that its superior officers should devote their et jol e Po seek emolument by getting up railway and o th e r o i n tio co t stock companies ; and further, because, on the aPP.,aersta e t of the City Solicitor, in 1839, it was clearly 11,', in ortijo that he should give up all private practice, and' for a more fully to secure his great and eminent talet s v eci aoe sole service of the Corporation, his salary increased to 2,0001. per annum." 0' Mr. Cox sec on d e d th e amendment. his 5/1.10 After a long disc uss i on , Mr. Elliott withdrew •j, ment, when the or i g i na l mot i on was put and 001" mously, amid acclamations. • The Court shortly afterwards adjourned. ,01 01f‘ ...: SOL ,- It THE PRINCE OF PRUSSIA AND THE I'EACi. ru les - —The fete of the veterans of the Prussian 0 t a I s the wars of 1813, 1814, and 1815, was celein e orb ic is Coblentz, on the 3d inst by banquet, 3 fr e 't General Bardeleben, the president, 'a read a atpruss, :e n t e t i e u r cie : o o , the Prince of Pru ss i a •hi s re(fre t fi e ' , expressing ~ t he , being able, fr om • • played in the last war, indisposition to attend , ot (I_, palnady congratulating the t on the herol s (IV Min ry _ .l v i 3, „ 0 ,5 livered from foreign domination. The letter co fc o „ fb a llor :—" Forty years since I had the honouree° 0 011; by which ill en e n ing the troops of Prussia Proper in Prel t he e` / Io Iny, and they showed themselves worthy this dal o f of Prussians. It is the olfect of the te °f t Fi eld : ° preserve the souvenirof j th sent i ments' re - e e ese battle will one d e ntiree llts will ,b,. show how these s ther e . olla themselves, for s a o y l long as there menareedtranquong bioso, wars. For 38 yearsown the protection of that memaovreaedejoeypoch. if Zvi sings of peace be long maintained, but li .„,„Thl g i- cg r ol shall decide otherwise the Prussian armies - 4 .,dnete against the enemy .' spiritd deve y i d " my with the an The,-, which w e . now celebrate the remembrance. i 5,... sian sum s these wor. 11 .1 3 these sentiments in .., affts' bless the li . Mg! g ErIS - 1, fa.: REPRESENTATION _ OF WEST WO RCg- 13 e 0C -11 '60 , ' hViscount Elmley, son of the presen lEarl mo ioA or , as consented to allow • lf to be put i n th i s c0 ,13 ,d,0 himself of this 0_ as representative of the western division ~,,,e pe o n ,L. in the place of his father t succeeded to ''' t ot' jus s • 0 s no by the death of the late Earl. There i clidate in the field. 1 6'4