The Sun. — London, England, 1853-05-13 00:00:00

~- The Dining-Room will be open itom half-past Two, "pti., until Nine, p.m. _ ilii,. - masnificent Suite of Saloons, on the first floor, fitted up for smoking, Reading, and Chess, will be well supplied with the London, Provincial, and Foreign Papers, Magazines, Books of Reference, &c.; and Tea, Coffee, Ices, Seltzer Water, &c., will be supplied from e l ev en a.m., by Mr. Ward, of Bond-street. The Dining-room will be open on Sundays at half-past Five o'clock. Lessee, HENRY THOMAS MUNDY, 160, Piccadilly, Ifith May, 1855. ROYAL SURREY ZOOLOG ICAL GARDENS.—Open for the season Whit-Monday and four folio, ing days.—The Zoological Collection contains a variety of In terest* specimens, and the Gardens throughout have been Improved. and beautified. The Pictorial Representation is an extensive VIEW of the BAY and FORTS of CRUSAN, painted by Messrs. Dawson, and at dusk is represented the attack of the Chinese Are-rafts on the British fleet, explosion-qh•ps, &c.--Grand Vocal and Instrumental Concert. Etragement of the eminent vocalist, Mks Cicely Nott. Conductor, Mr. Godfrey. —May-day Games and Rustic Siorts, May pole and Wills Dances. "Pop goes the Weasel," by 25 couple, con ducted by Mr. Flexmore.—An extra 3foltary Band during the day time; and at dusk a grand display of Firework:, combined with the Feast of Lanterns and other d isp lays.—Doors open th from 9 in spornlng. Admission, ls. THEATRE ROYAL. HAYMARKET, trader the management of Mr. Buckstone. THIS ETENING, MAT 13, WM be performed THE LIDY OF LYONS. Supported by dfesisrs• Howe, Corr], Rogers, and Barry iitChran ; and Miss Helen Taarit. Atter wjtielt, MR. RUCKSTONE'S ASCENT OF MOUNT PAR NAS67,C's. To conclude with OUR MARY ANNE. ItOTAT. PRINCESS'S TfIEA.TIIE, OXFORD-STREET. llrader the Manajement of :dr. Charles Kean. THIS EVENIXO, MAT 13, Win rarf:Trned tile Tragedy of MACBUII. Principal eha. racterg y Mr. anal Mrs. C. Kean: 'l%, conchioe with new Drama, adapted from tha French of iKovg, 1 - .. y tar. l'a:g rave gimpsom, cal!Ql ;11A000 SPADA. clarAct.rs 1.3 . edsre. Lucy, J. Vinaq, Itydar, Crahalr, I.: , erat ; .3!lescs Bean end C. Lecler..,q. ROYA LY"CEIIM THEATRE. Under t 1 cnt of adame Vutris. THIS EVENING, MAY 13, wilt t i e p,._rforme,t Characters by - ;lfesrs. F. 31athet Suter. Rosiere :;Irg. .1; acnamara and NE,g IVyca:harm.. tter which. A. FAST TRA IN—II PRES.:it:IUL EXPIIES , .. 1 haractas I.Vessrs. C. ..qatbewe, Ibaker, .tt!.l Suter. TO Le fo:luived i,y . 11..Y1N q IT Princptl character by Pr C. Wat hcws Tv iChicit will be Itosina Wright. w;11 dppear c‘mclude with THE CRITIC. Characters by Afosrs. C. Ma. tivw=, Matthews, dR. Roxby; Miss St. tieorge. and Mrs, 34aenathara. DIVE.IIII*SEMENT, in which Miss TE EATRE ROYAL ADELPIII. Prol.rletcr, lir. R. Webster. —Directress, Mada'..ne Ce:este. THIS EVENING, MAT 13, Will be presented TIIE ROUSED LION. Characters by MessLe B. Webster end Wigan; Mrs. Keeley, and Mrs. L. 3lurray, _qa. wli;eb, A DEs t'ERATE (+AMR. To be followed by 10 YARN:NT-4 AND GUARDIANS, To conolgde with TuE DANCING SCOTCIDIAN. ROYAL OLYMPIC THEATRE. !Aimee and Manager Mr. Farren. THIS EVENING, MAY 13. TVIII be performed THE MILLER. OF DERWENT WATER. Characters by Messrs. 11. Farren, F. Robson, Shakiers, G. Cooke, and Charles; Mesdames Anderton and E. Turner. Alter which, UNCLE, CROTCHET. Supported by Mr. Far &c. To be followed by MACE ETII. Supported by Mr. Samuel Mac beth and Mr. F. Robs , ,n ; Mrs. Sarah Macbeth and Mrs. A. Phillips. To conclude with 'THE SWISS COTTAGE. Lisette, Miss 11. Gordo.. ASTLEY'S ROYAL AMPHITHEATRE. Sole Lessee an 3 Manager, Mr. W. Cooke. In cmplituue with a generally : expressed wish, Mr. W. Cooke has an honour of announcing th;tt A GRIND JUVF.NILE MORNING I'ERFORMANCE Will take place on WIIIT-TIJEADAY, May 17, commencing at Two o'clock. IZy Perm salmi of the ConLnaoilant Col. Clark, and by spocial Invitation iroin Mr. W. Cooke. the Boya of the Duke of York's School, with their Band, will attend. LAST FIVE NIGHTS of THE KAFIU. WARFARE, which must be withdrawn for the entirely new spotting Hippo Drama, illustrat ing LW& ON TUE TURF, to be produced t,r the WHITSUN HOLIDAYS. CiRAP JODITION Or SIR E. BULWER LYTTON'S NOVELS Crown Avo., cloth, 2s. L EILA ; or, The SIEGE of GRANADA ; and CALDERON the COURTIER. By Sir EDWARD BULWER LYTTON, Bart., M'. With a Frontispiece. HAROLD ancILUCRETIA will complete the series. London : Chapman and Hall, 193, Piccadilly. READING FOR TRAVELLERS.—NEW VOLUME. In a few Ws, price Is. CHARACTER and ANECDOTES o f CHARLES the SECOND. Recently publishal:— .KONTENEGRO and the SLAVONIANS of TURKEY. is. 6d. The VILLAGE DOCTOR. Is. FRANKLIN'S FOOTSTEPS : A Sketch of Greenland. .1 s. 6d. MAGIC and WITCHCRAFT. 13. OLD ROADS and NEW ROADS. Is. London: Chapman and Hall. 193, Piccadilly. THE WELT4rNGTON DINING - ROOMS , Entrance, 160, PICCADILLY. This splendid Establishment (formerly Crockford's Club) IS NOW OPEN to the Public, on a scale of magnificence unprece dented in London, combining extreme moderation in charges with the most unexceptionable Cooking and Bill of Fare ; and uniting the independenc,e of a public. dising-room with the comforts and accommodation of a first-rate club. Scales of Charges.—Dinner from the joint, with vegetables, bread, these, See., 2s. • ditto, with soup or fish, 2s. 6d, ; ditto, with soap. , and fish, 35.; Made dishes, with the joint, as per bill of fare; made dishes, without the joint, but a ith vegetables, bread, cheese, &c., is extra. Waiter, each prson, 3d. The Wines and Beers will be sold by imperial measure, and the decanters all marked, so that the cpiantity paid for will be actually supplied to the consumer. The Public wilktherefore, appreciate this novel arrangement, more particularly when they understand that the Imperial pint contains four-fifths of what is usually sold as bottle. THIS EVENING, MAT 13, And during the week, the entertaluments will commence with the grand epectade of A 3IAIiOSA ; or, Scenes of Rath Warfare. To I e followed by a &splay of Equestrian Scenes in the ARENA, Intro ?nein 31r. c'ooke'r bitfhly-trained Steeds. The infant Victor Claude Cooke end his pet Drawing-room Pony. The Entertain ment, supportcd by the emlnent. ,trustee of the Establishment. • To to ne.ude with Hugo Vamp, Esq new Cemic Drama, entitled IN FOit ♦ DJG; or, Lite ut the Ditoigs. Bur-orrice ()pm daily trim I•;lereu to Four. Stage Manager, Mr. 1 W. West. HIGH WATER AT LONDON BRIDGE. Taco Dar —Morning 46 min. after 4 j Evening 3 min.aft. 5 Tp-MORROW—Morning 22 min. after 5 Evening 45 min.aft. 5 THE WEATHER.--Son Onus, MAT 13. THERMOMETER, IN TiE SHADE. 58—highest since noon yesterday. 45—lowest this morning and during the night. 54 this day at noon. BABOIIETBR, 30 . 11. WIND, S.E.—Fine breeza,"and cloudy weather. Heavy rain in the night. *., 0 t ...,,.--.? b . ..,. ........: ~,...• ...., . , 0 LONDON, FRIDAY, MAY 13, 1853. ---~_ Mr. GLADSTONE'S proposition with regard to the contemplated extension of the Legacy Duties re quires much careful consideration before it can receive the Legislative sanction, or be suffered to pass into a law. It must not be forgotten, that the Right Hon. Gentleman intends completely to alter the basis of the impost, creating au new and far more productive tax, on a very different foundation from that already in operation. It will no longer be a duty on bequests, but a tax on successions. Every person coming into' pos session of property, real or personal—whether under a devise or settlement, taking either as ab solute owner or merely as tenant for life, or other limited interest—must pay a tax varying from 1 to 10 per cent., if his possession has been occa sioned by the death of a former proprietor. , The distinc,tions between rents and personalty, settled or unsettled property, will, so far as the tax is concerned, be henceforward and for ever anni hilated. It is, therefore, to all intents and purposes, a new tax, on settled and real property, calculated to produce 2,000,0001. marling per annum; and, as such, it imperatively denaands the calm and attentive deliberation of tie House as to its probable results, before it can be permitted to pass through its various stages. If it were an existing source of revenue, the argu ment so frequently resorted to by Financial 'Ministers might• be available, viz., that lie could not afford to relinquish so [productive an impost. But that argument, weak and unsatisfactory as it is under the most favourable circumstances, is totally inapplicable in the present instance, The fitter must therefore be dealt with on its broad mote. We must, to use the words of Mr. Dm- Luna, " ask ourselves, is it a just tax ? is it ab stractedly a just tax ?isit a politic tax—a tax that can be vindicated on principle I" and, if so, is it a tax a dapted to the state and condition of the country 7 We must also reflect on the grounds OD which this new impost can be justified ; and if it should be intended as a substitute for any other public burd en , We should carefully com pare the two, in order to ascertain which is at the same time the must equitable and the most expedient, to be well assured that N‘e adopting a course alike Oppo se d to • :, re not JII,LIC2 and sound policy. Now I).:fore entering on these importaid tlie con coLsi_ &rations we may considerably narrow contrever3y by sundry adlni:;sions, which we frccly and willingly make, It±ndering to 7.fr. GLAnsToN the justice to wLich he 16 eminently entitled f or the - comprehensive ilicasllre he J 1 a S brought f,r. if ward. we acknowledge that if ti) , were to be retain:2d, their'exien-' ,on to recd property w, - 1s option renlaincd for :Ur. GLADSTONE, or any othe , Minister at the bend of the Financial Department, but to listen respectfallv to the voice of publie 'gacy I °Pinion, and to Yield to " the pr'cs; , ,m - e from with but" which could no longer be misted. And, THE SUN, LONDON, FRIDAY EVENING, MAY 13, 1853. secondly, that any measure would be 'dote:dive . and incomplete Which omitted 'Settled property; and_ did' not 131.9.cei it on the sanie fonndattiOn as, passed by bequests. groin these data . t it hatliih naturally follows, that the only alteration that remained for the' Chancellor of the Exchequer was either to abOlish - the Legacy Duties 'altogether,' or to introduce such a measure as' that new under discussion. This, however, does not re move the question from the Category in' which it has been placed, that, as a new tax, it must be supported by much stronger arguments ) than would 'be required for the retention of one already in operation. The tai for which it is to be substituted, also becomes an important element in the calculation, one that should be disposed of in the first place. Every tax is a grievance. We Must therefore - inquire into the relatiVe pdvan tages and disadvantages of those respecting which a comparison is to be instituted. The new tax, then, is required for the 4radual reduction and Ultimate abolition of the Property and Income Tax. That will be manifest frein the financial statement of the Chancellor of the Ex chequer, and 'from the nature and Oircumkances of the case. It is by 'means of the ad4itional revenue to be obtai ne d th a t the Income' Tax can be reduced from 7d. in the pound to 6d. in 1855, and again to sd. in 1857 ; and, lnally, abolished in 1860 (that is to say, if Mr GLAD STONE'S views- can be carried into practicalexecu tion in these respects) ; and that we are, indeed, even destined to see the end or even the re duction of an impost which, if fairly, and justly apportioned, would be of all others the best and most eligible for the commu nity, not merely for the working classes, but also for the owners of accumulated and realised property, the territorial aristocracy, and the moneyocracy. The new tax is calculated to pro duce £2,000,000 sterling ; taken with the existing duties on legacies, which must be dealt with at the same time, the amount would be £3,500,000, which would be nearly equivalent to 7d.' in the ,pound on schedules A and C. There could not, of course, be any alteration in the otker sche dules, for, unfortunately, skill and in,lustry are not hereditary ; and no financier, we believe, ever had the hardihood to put forward, or won:ld venture to enunciate, such a proposition as that the widow and children of a professional man, or o a merchant, a manufacturer, or a trader, shOuld b. required to pay a heavy tax to Government, no on the property bequeathed to them, but fa the ability, the genius, the wealth-producing powers of which they have been for ever deprived, The question, then, merely rests with the owners of accumulated and realised property of. any description. They are the parties wh'o are alone concerned. And it is for - them to decide whether it would be more deSirable to' pay a pro portion of their income in each and every year, or to be called upon, at uncertain intervals, to pay a large proportion of their capital. We believe drat the former plan would be, in every respect, the most eligible for the parties, and for the com munity ; and we want no further evidence in sup port of the • assertion than that taken before the Copyhold Commission, which shows the' great practical inconveniences, the ruinous results, of a tine amounting to one or two years' rental on the improved value. Parliament had to yield to the loud and general complaints on the subject to change the law that had prevailed for centuries, and even to tamper with " the rights of property," in order to avert the serious evils incidental to the system ; and yet, within one short year of the pass ing of that salutary statute, Mr. GLADSTONE proposes to act on the condemned principle, to revive tile impolitic system in its worst forms, and, practi cally, to bring all the freehold lands in the United Kingdom into the most objectionable kind of copyhold tenure. And this immediate grievance is to be borne in place of the contingent and very problematical reduction and ultimate abolition of the Property Tax. We ask the fundholders, the landed proprietors, the owners of any kind of property, to consider calmly and attentively both propositions, and say which they would really desire to have adopted, and that, not from preju diced or party feelings, but iu accordance with the real merits of the case. An Lutelligent traveller once said, that a person haviv to change his deration. Toney some half-dozen times in joing into dif ferent small states would find gradually vanishing from th e expenses o f t h e op e ,-ation and the extravagant demands of the money ci:sangers. If Mr. GLADSTO'S views should be ad o pt e a NZ And carried into practical execution, the inheritor of an estate that has gone through four or five suc cessions within a few years—a matter very pos sible—will find himself hoplessly embarrassed, and obliged to part with the fair domains that had been handed down through a long line of illustrious ancestors. There is another point that must be inquired into. By what machinery does the Right Hon. Gentleman propose to carry the tax into operation ? Let it not be forgotten that it is a tax, not on the income, but on the capitalised value .of the inheri tance. How is this value to be ascertained ? And if it can be averaged for the purpose of the tax on successions, what is there to prevent its applica tion to the Property and Income Tax,, thereby removing the only impediments to an equitable adjustment of that impost ? We submit these interrogatives for the consideration of the 'HOn. Gentleman. It would be well if they were pre pared with , satisfaciory responses before giving their, votes in favour of the new tax on succes sions. COU.RT CIRCULAR. OSBORNE, THURSDAY. Her Majesty, accompanied by the Princess Royal, Princess Helena, Princess Louisa, and Prince Arthur, drove out yesterday afternoon in an open carriage and four, attended by Colonel the Hon. C. Grey. His Royal Highness Prince Albert rode out on hozieback, attended by Lieut.-Colonel the Hon. A. Gordon. ' Their Royal Highness the Duke and DncAess d'Aumale, and the Princess of Salerno, visited her Royal Highness the Duchess of Kent, yesterday, at Clarence House, St. James's. _ . ' 7. Welßoyal Highnesses the Duchess of Kent, accompanied by the Duke and Duchess d'Aumale, and the Princess of Salerno, and the Princess Adelaide of Hohenlohe, and at tended by Lady Anna Maria Dawson and Lieut.-Colonel F. Seymour, honoured the Royal Italian Opera with her presence last evening. A deputation in support of a Bill for Medical Reform, prepared by a committee of the association represented by the deputation, had an interview with the Ea7l of Aberdeen yesterday, at his official residence h Downing-Street'. The deputation consisted of Sir Chas. Hastings, M.D., D.C.L. (President of the Council), Dr. Robertson (Northampton), Dr. Webster (Dulwich), Mr. Mousely, F.R.C.S. (Leeds), Mr. Noble, F.R.C,S. (Manchester), Mr. BottamleY, F.R.C.S. (Croydon), Mr. Walsh, F.R.C.S. (Worcester), Mr. Sontham, M.R.C.S. Ofanchester), Mr. Bree, M.R.C.S. (Stowmarket), Mr. Cartwright, M.R.C.S. (Oswestry), Mr. Stedman, M.R.C.S. (Guildford), and Mr. Hastings (secre tary). The deputation was introduced by Earl Beauchamp, and was accompanied by Mr. Cowan, M.P., Mr. Ricardo, M.P., Mr. Wakley, Dr. Barnet, Dr. Cormack, and Dr. Clark. At length the Report on Manning the Navy has been issued by the Committee. Long and eagerly expected, it has at last arrived. It would be impossible, notwithstanding our impatience hitherto in this matter, to regret for one moment the delay which has actually occurred. Although to all appearance unconscionably protracted; for that delay we have now, in this really masterly Report,been fully and most satisfactorily com- pensated. Without any further preface, we would here at once express to the different mem- The dollars and bar silver brought by the last West India steamer have been sold at 59id. and 61d., being a decline of id. per ounce, which is chiefly to b e attri buted to the East India Company having lowered their rate of exchange id. per rupee. THE RIVER PLATE.—The American advices contain a newspaper extract to the effect that intelligence had been received from the river Plate by the barque Pea cock, that the commissioners of the belligerent parties at Buenos Ayres had concluded terms of peace, which were awaiting ratification by Urquiza on the one hand, and the authoriiies of Buenos Ayres on the other. It is said the conditions are liberal, and such as will be likely to satisfy both sides. At the same time, the most revolting cruelties are 'alleged to have been committed by insurrectionary parties in the interior of the country. The date of the intelligence is not given, but it is re ported to have been confirmed by the Eliza Jenkins, which has just arrived at Liverpool from Buenos Ayres, whence she sailed on the 9th of March, without bring ing any letters. SANITARY IMPROVEMENTS IN THE STRAND.—The Metropolitan Commissioners of Sewers—at the request of the Commissioners of the Board of Health—are taking most extensive measures for the salubrity of the densely-populated neighbourhood of Drury-lane. the adjacent streets, courts, &c. For the purpose of carry ing out these sanitary improvements, by the cutting a main sewer from the Strand, up Newcastle-street, Wych-street, and Drury-lane, to Holborn, that part is olosed to vehicles of every description. The following are the streets in that vicinity which are to have the henest of a common sewer, viz. :—Holywell-street and Wyeh-street, in the Strand% Newcastle-street, Hough ton-street, Bolles-street, Blackmore-street, Stanhope street, Denzell-street, and Princes-street, Drury-lane, and several of the courts. This work, although it causes many of the streets to be closed to public traffic for the present, will eventinally be of the greatest importance to the salubrity of the i',7u-'labitants. hers of the Committee our admiration for the so licitude they have evinced for the well-being of the country in every stage of their prolonged inves tigation. Scarcely anything of real importance, referring to the matter under inquiry, has been by them overlooked, either through neglect or in difference. They appear to have gone carefully through every one of those eleven sections which were snbniitted to their scrutiny by desire of the Lords Commissioners of the Admiralty. They have entered scrupulously into all, not forgetting a single detail ; and they have rendered their in quiry effectual because they have conducted it systematically. Firstly, they have considered " The entry and training of boys and seamen, and the periods of service for which they are engaged." Secondly, "Whether such periods of service could be advantageously extended, and the regulations which it would be advisable in such case to adopt." Thirdly, " The practicability of permanently re taining the services of boys and seamen, as is the case with the Royal Marines, so as to insure the means of rapidly manning her MAJESTY'S s'Llips when required for service." Fourthly, " Whether a period of service abroad might be followed by a period of service at home, in the coast guard, dockyards, or home ports." Fifthly, "Whether a reserve of seamen might not be or ganised to remain in England, reference being had to the scheme recently laid before Parliament for that purpose." Sixthly, " Whether measures could be adopted at the present time, in order to secure the services of a large body cif seamen for KENT MUTUAL LIFg ASSURANCE SOCIETY.—Yester- - ,lf this society was held at the tie defence and general service of olin Thos.. King, t a case of emergency." Seventhly, " The ques- Esq., in the chair. the country in day the annual meeting ted en thatsinc a e ssu h r e . tions of pay and prize -money, and especjally the London Tavern, Bisho T p s h g e a:te re - p s o tr r e t et—j ta fielding issued , of Of 103 789/. 145., a revenue clause of the Act sth and 6th WILL. IV., e. 24, i n , the sum 7 id. thrino- the yes .271 last annual meeting 420 . policies , . had he proposals had relating to bounty." Eighthly, "All regulaMons been received for the assurance of 112, 2691. 3s. Of these at present in force relative to putty officers and 19 " 7 had been accepted, assuring 69,918/. 65., anAl.yiTelicile saalell gunners." Ninthly, " The award of good- 1 ing an additional annual revenue of 2,287/, ntovectntrheleyi kt:noitiduct bakes and of pensions." Tenthly, "The i number of p( d ilici . es m i i s i s l utd i r n os t s nr a e n e n y u e a a l r r s ev is 6, 18 7, assuring of 5.951/. arroym.,o,f seamen into the coast-guard and dock- ! ~. :=. o' icaraeu i ' 2 1 s 73 0 6 d 581 Th a e n ex y penditu g r A e lid been far below the average and lastly, "The admission t a n d e m ir is s s u ion of . the most economically conducted of similar . institu -1- t' ns and after making the fullest provisions for the via therein." These were the sithject ' sums assured , and.all other liabilities, there remained a to the consideratio n of the Committees submitted it • profit of 12,7771. lls. sd. The accumulated fund , and is but two claims upon , these eleven propositions fox inquiry thatamounted to 3 000/. There have been in the , course of the year, for the sum of 700/. ,te Committee have novr definitively( pronounced. by h e di-at report was le adopted, after which an election of direc. a", jj . o th e y allowed themselves to prrive at any tors took place. conclusion - whatsoever upon one solitary parrticu lar, they appear to have invariably subjected the' subject in hand to a minute;' . anditainttaiiing, and almost, so to 'steak, microscopic investiga tion. They have, to this end, examinedi poth seamen and officers in the Royal Navy; beside others.connected with the mercantile marine, av well as divers shipowners and public functio4aries. From . these different sources, moreover, ' they acknowledge, and not without considerablerbason, to have derived " much valuable information." Every separate" statement made in the coiirse, of the document seems, indeed, from those portions which - we have already • perused attentively, to have been admirably well authenticated. A catalogue of the various witnesses summoned before the Committee is given at the close of the Report as a sort of appendix ; while as early as the fourth section of it we find honourable men tion of the Admirals Of the Fleet, Sir BTAN MAR TIN and Sir GEORGE COCKBURN, AO whom the Committee allow-themselves to be largely indebted for their many inestimable observations. ' Perhaps the most notable announcement made throughout the whole of this important and ela borate document is one which occurs in the very next paragraph. That paragraph (§ 5) expresses itself in one part as follows :—" The general , cha racter of the evidence thus brought before us, con firmatory as it is of our own experience, has led us forcibly to the conclusion that the present system of entering seamen into her MA JESTY'S Navy for 'short terms of servitude, and then discharging them, is highly detrimental to its interests and efficiency, and requires an entire revision." Now, if only for that one announce ment we should welcome the Report before us with no common degree of satisfaction. ' It is a declaration that goes to the very core .of the existing grievance. It asserts what we ourselves have long maintained. It proclaims the existence of an evil which we have for years past in these columns, again and again, in the strongest, terms of which our vocabulary is capable, denounced and reprobated. After this the matter under con sideration cannot be once more—as it has been Iready so frequently—cushioned. It must now, lerforce, extort the interposition of the Imperial Rgislature. For it has received at last an of- icial recognition. A comm3tee has at lengt, :`seen found to avow in so many words that " the present system of entering seamen in her MA JEgry's Navy for short terms of servitude, and then discharging them is highly detrimental to its interests and efficiency, and requires an entire revision," Having spoken thus directly to the point, and that too in the plainest poasible language, tho Committee go on to explain how it is they would sug gest that the evil co2nplained " of : 'should be remedied. Among other things they say,' with out further delay in the way of mere circum locution, " These evils would, in our opinion, be effectually remedied, so far as the peace establish ment of the Navy is concerned, if both men and boys were entered for longer periods." Bearing tiV these considerations in view, they • avow, MONEY MARKET AND COMMERCIAL INTELLIGENCE(TIVS DAY.) • CITY," TWO D' The sales of cotton at Liverpool yeste r d a y were estimated at 7,000 bales -- of-which 1,200 Ameri seam were taken for export and on speculation. The market was -firm, but tame: The sales cora priso 6,000 American, .300 Pernam and Maranham, at 614. to Id. ; 300 Egyptian, at Old, to ls. 2d. ; and 500 Surat, at 3d. to 4--d. per lb. Railway Shares were dull, at rather lower prices. • In the produce markets prices have this week been firmer, and bu s i ness h as been moderately good. Sugar has been brisker, and at rather improved rates. The export demand continues large. Coffee, on the other hand has been dull, Plantation Ceylon being the only quality in request. Mocha has fallen Is. to 2s. In cotton a steady business has been done, and holders are disposed to ask higher rates. The indigo auctions have op ene d . h eav il y, an d prices are not so good as at the last seiies. Tallow has been firm. Tea is nominally higher, in conse-, quence of the ad - vices from China. If the scheme of the Chancellor of the Exche quer for the conversion of the debt had come be fore the public several months back it might have had a better reception, but at the present time the value of money is a drawback, and the feeling that the rate of interest will still further advance ope rates in part as a bar to the success of the scheme. At any rate the offers of voluntary con version are, up to this date, very limited in amount. Satisfied, however, that the terms offered by Government are sufficiently favourable under ordinary circumstances, we do not relinquish the hope that they will have the effect ultimately, whatever present difficulties may occur, of inducing acquiescence. The period which is allowed to carry out the conversion will naturally cause many to hold back for awhile. Another, and almost distinct matter is the South Sea Debt. If the holders of this do not voluntarily convert, the Chancellor of the Exchequer will pay them off at par, and then arises thequestion. Can he find the means ? Looking at the surplus revenue, and judging of the assistance likely to be received from the Bank, we consider it beyond a doubt that the Chancellor will be able to meet any demand Upon him from that quarter. Lastly, as to Exchequer Bills, these are exhibiting great weak-. ness, and have been as low as par, because the proposed rate for the new bills is under what the current value of money seems to justify. It would be unreasonable, however, to ass ume th a t Govern ment must regulate its payment with reference merely to the value of money for the day. Parties who hold Exchequerßills take them as yielding a fair average return, and the main thing to be considered is whether we are to have money permanently dearer, or even as dear as at present. We scarcely antici pate any decided change, and think cash will find ready employment for some time at full rates; con -Bequently there is some doubt about the renewal of Exchequer Bills. Probably the GazAte of this evening, or of Tuesday next, will contain the usual iieial notice. Advices from the Continent represent the weather as being equally as severe there as in E. land. The English Funds are flatter, sales having been pressed for money. Consols have been 1001 / for Transfer, and are now 1004 For Account they are 100 a The New Three-and-a-Quarter per Cents. have been 1031-, and since 102 g. The• Three per cent. Reduced Annuities are 991 to 103. South Sea Old Annuiti es are wor th 991. Exchequer Bills continue at par to 4s. premium, and India Bonds are at 30s. p , emium. Foreign Stocks have been dull. The Spanish Committee's certificate is only 61-, and the New Deferred Bonds have dropped to 23K to 24. Por tuguese 5 per Cents. are worth 34 to 39. Mexican Bonds have dropped to 26a 1. Peruvian Deferred Bonds have receded to 65 and 64. Buenos Ayres Stock is st , 3ady at 71A to 72. • The Railway Share Market has been flatter, the decline being about - per cent. on the average. French Shares are quiet. Centrals have rallied, however, to 1./ to 23 premium. Canada Trunk Shares are to 11 premium. . • The Gold Mine Shares are heavy, scarcely any thing doing: United Mexican Shares have im proved. Metcalfe Mine are 12 to 13 premium ; Jamaica, 4/ to 5* premium ; Port Royal, 11 to li premium ; and the Sue River, 1f to g- premium. The Land Companies Shares have been dull. Oriental and South Australia Bank Shares are in some request, and also the Australasia. :ihortly afterwards, that they have arrived unani mously at the conclusion " that the time has ar rived for placing her MAJESTY'S Navy on a more permanent basis, on a similar principle to that established in the Army and Marines," adding that the change would be calculated, in every respect, to be productive, both to the Crown and :to the Seamen, of numerous and solid advantages. Al though wo cannot, of course, recognise how any basis that is once permanent can be rendered " more permanent," and although we would hereby enter a passing exception to that ludicrous ;_law in the language of the Report, we Cannot but hail with unalloyed satisfaction the whole of the ronarkable clause in which this fantas tic slip of the tongue, or rather of the pen, is eueountered. For the Report thus affords us ample reason to augur well for the future de velopment of tae most national, but hitherto the most neglected, a our warlike professions: The precise manner in which it is pro Posed that the service shall be reorgSanised will be interesting matter for subsequent and more deliberate consi. BEITISH FUNDS AT ONE O'CLOCK THIS DAY (From the Ogicial List.) _ _ _ Busigess dime 3 per Cer4t. Reauced Annuities 3 per Coot. Consols Annuities New 31 per Cent. Annuities Long Annuities, Expire sth Jan., 1860 5 15-16 India Bonds, 21000 Ditto, under £lOOO South Sea Old,,Annuities, South Sea New Annuities Consols for Account Ist June Exchequer Bills Lld. £lOOO.. £5OO . Small . We have much pleasure in directing public attention to a Report of the I .l .9Vrteenth Annual Meeting of the Shareholders in the NATIONAL LOAN FUND LIFE ASSURANCE 'SOCIETY, which will be found in our freni page. We have attended all the previous meetings of this. excel lent Institution, but never saw .so full, tio re spectable, and so satisfied an assemblage as' we IN :itnessed on the present occasion. We ca.noot but feel assured that this is a very auspicious augur y- of its future and increasing prosperity. i 30 p ▪ 994 . 100 IC9 Marc June. par 4 I par 4 par 4 par 4 par 4 par 4 PRICE OF FOREIGN FUNDS AT ONE O'CLOCK Erasilian Bonds, 5 per Cent.. Ditto s'per Cent: (Rothehild's) Buenos Ayres Bonds, 6 per Cent.. Greek Bonds, Red Ditto, Blue Mexican 3 per Cent. • Perm ian Bonds, 41 per Cent. BB Peruvian Scrip 3 p Portuguese Bonds, 5 per C en t. Russian Bonds, 5 per Cent. Ditto 43 per Cent , Spanish 3 per Cent., New Deferred 23i 4 bgpanish Committee Cert. of Coup. not fun 6 i p c 103 72 1i Consols.... Ditto June Account HALF-PAST TWO, looi g THE ATTE:',IPT TO EXTORT MONEY FROM THE CHANCELLOR OF : THE EXCHEQUER. MARLBO4OUGH-STREET-(TJIIS DAY.) I William Wilson, the young man who was reihanded f rom Wednesday last on the charge of attempting to ex tort money from the It;gilt Hon. W. E. Gladstone, the Chancellor of the Exchequer, was brought before Mr. Bingham for further examination. The court was crowded to excess, and on the bench were the Marquis of Stafford, Mr. Scholefield, M.P., and other gentlemen. M r . Bingham, addressing the prisoner, said from enquiriew that have been made I feel it my duty to re mand yol till Thursday next, at two o'clock. It was .reported that the prisoner had, on a previous occas i on ,. endeavoured to obtain money from another of her' Majt ;sty's Ministers. .p ARLIA MBNTARY DIVISIONS. 'MOUSE OF COMMONS.—MAT 12. (From as Votes and Proceedings of the House of Commons.) WAYS AND MEANS.-INCOME TAX. CZA „ Amendment propose 4; . to leave out the word " mo i e ty," in order to insert thoiji . ot ;arils " third part," instead thereof. Question , "Thattha words third part' be there in :" committee divided—Ayes 60, Noes 120. MINORITY-AYES, 60 Alexander, 3. Granby, Marquis Palmer, Robert Arbuthnot, Gen; , Greene, J. Potter, it. Bailey, Cra3r,hay Hamilton, G. A.. Robertson, P, F. Ball, Edward Herbert, Sir Thomas Scott, Francis Bankes, G. Jolllffe, Sir W. (LH. Sibthorp, Colonel Barrington, :Viscount Jones, Captain Smith, Wm.'M. Bentinck, Le rd H. Kelly, Sir F. Smyth, R. Ben'.inck, U. o. P. Kendall, N. Spooner, E. Boo'mer, Thos;. Wm. King, James King Tollemache, John Buck, Lewis W. Knox, W. S. Trollope, Sir J. Butt, Geo . I dedd Laffan, R. M. Vivian, J. Ennis Child, Smlith Liddell, H. G. Walcot, Adm. Cholmond ele y, Ld. II Lons',l W. Wodehouse, E. Conolly, T' . Malins, Richard Wyndham, Oen. Davison, it. Mandeville, Viscount. Wynn, Sir W. Disraeli, I I. Manners, Lord J. Yorke, Eliot T. Fernham, H. Bv.sll Michell, W. leilowes, Edward Moody, C. A. Filmer, Sim : Edmund Newdegate, C. N. Freshfield ~T. W. Oakes, J. H. Galway, V iseount Ossuiston, Lord Vansittart, George II Geskell, J. M. Fakington, Sir John Stanhope, J. B. TZLTXPIII. MAJORITY—NOES, 120. Acland, Si r T. Geach, Charles O'Brien, Cornelius Aglioriby, H. A. Gibson, T. M. O'Connell, Maurice Aleock, T homes Gladstone, William O'Flatterty, A. Anderson, tAir James Goodman, Sir George Oliveira, Benjamin .A .berton, Wm. Goulburn, IL Peel, F. Baines, M.. T. Graham, Sir James Pellatt, A Bermes, T. - Greene, T. PliWimore, J. Bell, J. Hadfield, G. Phillimore, R. J. Berkeley, CI.. L. Baltic, Alexander Pilkington, James Bethell, BIN 'lard Hastie, Archibald Price, W. P. Biggs, Willis m Ileard, J. I. Ramsden, Sir J. Bright, Joht . Heneage, G. IT. W. Russell, F. C. Brotherton, Joseph Herbert, Sidney Sadleir, J. Brown, H. • Hey ti, orth, L. Sawle, O. B. G. Cardwell, }l. 11 E.' litr , , , hes W. B. Seholelleld, W. Chambers , 9.'homas Hume, Joseph Scobell, Capt. Charterls, F. Hutt, Williatn Scully, Francis Cheethant , John Ingham, R. Seymour, W. D. Cobden, I pollard Inglis, Sir R. H. Shitto, li. D. Cocks, Th innas S. Keating, Robert Shelley, Sir J. V. Collin, W. Keating, H. S. Smith, John litni. Crook, J. Keogh, William Smith, Rt. Hn. It. Crassley, - ,r, Kershaw, James Stroll, Edward Cl•owder, ii . King,P. J. Tancred, H. W. 1 4 1411WOOti. 5!• G. H. Langston, J. K. Thompcon, George 1 .•.:i umianrig , is. Largton, li. G. Thornely. T. 'take, Sir J. Lockhart, A. E. Vunon.G. E. IL DZILICAD, 0.. Loveden, P. Villiers. lit. fin. C. Dunlop, A. Lover, R. Walmsley, Sir J. itvans k Willi am Mackie, J. Whatley, G. H. Ewalt, Wild am - Ill:Gregor, John Whitbread, Samuel Fagan, W. Marshall, William Wilcox, B. /Odell, M, Massey, W. Williams, W. Fergus, Jolt n Mastermin, John Wilson, James Ftirgustm , Joseph Mirth, E. Winnington, Sir T. E I. itzgeral i.l, Sir J. Milligan, Robert Wise, A. Fitzgerai d, W. B. S. 3iills, T. . Wood, Sir C. loitzrov, Hon. H. Atolesworth, Sir W. Young, Sir John Forster, C. • Itioneriefir J. l'i:LLErf, Fox, It. Moreton, Lord Hayier, lion. W. F.?z, W. • f . . Dturrough, J. F. Muigrave, Nan THE COMMITTEE ON DOCKYARD PRO - MOTIONS ..,IND APPOIIVTMENTa • (THIS .DAY,) EXAMINATION OF THE EARL OF DERBY. The committee sat this 'morning at 12 o'clock ; Lord Seymour in the chair. The first witness called was the Earl of Derby. The noble earl Was received by the committee standing, and a similar mark of respect paid to him on leaving the room. The examination was conducted by the chairman. The noble earl having taken his seat at the table, The Chairman said-.-In consequence of statements which have been made before this committee, I wish to ask your lordship whether upon the formation of your Government you made any stipulation or condition with the Duke of Northumberland respecting the pro- Admi motion or I patronage, I s h ou ld rather say of the ralty The Earl of Derby—When I first formed the Govern ment, of which I was at the head, I asked the Duke of Northumberland to do me the honour of taking office in it as First Lord of the Admiralty, and the only condition which I made with him was this, that he wo u ld h ave the entire a n d a b so l ute selection of the naval members 'of the Board, choosing those members for the service • whom he should think were most likely to be to the public advantage ; and also that he was to have the whole and absolute control over all appointments and over all promotions, so far as they related to the naval service of the country. I did go so far, of course; as to require, in accordance with the usual custom, that two of the naval lords should be members of the House of Commons, and I certainly now regret that I did not add a further condition, that upon their first appointment they should he persons conversant with Parliamentary habits and-Parliamentary practices. The Chairman—ls the committee then to understand that you think inconvenience to the public service arose from the Lords of the Admiralty not having sufficient acquaintance with•the House of Commons ? The Earl of - Derby—There was this inconvenience that perhaps as between them not being connected with the House of Commons, and the Secretary of the Admi ralty being connected with it, there was not so full an appreciation of their relative positions and the demands to be made upon both as there would have been if the Lords had been personally conversant with the. House of Commons. The Chairman —The committee then may understand that .you did not make any arrangement with the Duke of Northumberland respecting this transfer of the civil patronage of the Admiralty to the Secretary of the Admiralty ? The Earl of Derby—None - whatever. I never learned - of that transfer until a long time after, and I considered the Duke of Northumberland entirely responsible for the administration Of the department of the Admiralty. The Chairman—lt has been alleged before this com mittee that Mr. Stafford has stated he was under pres sure from your lordship and Mr. Disraeli as to the dis tribution of the patronage. I wish to ask your lordship if that is so ? The Earl of Derby —I should be very much surprised to hear that Mr. Stafford had made any such statement, because I have a high opinion of Mr. Stafford's honour, and he must have known that such a statement was en tirely inconsistent with the fact, and that there was not the slightest foundation for it. The Chairman —Has your lordship anything farther to state ? The Earl of Derby —I am not aware that I have. I am at the service of the committee to give such informa tion as I can, without introducing private names and private cokversations, which I should feel myself pre cluded from doing. His Lordship then withdrew. Mr. Tufnell, M.P., was under examination when our report left THE DUBLIN EXHIBITION. one Dublin Industrial Exhibition was yester inaugurated by his" Excellency the Lord-Lieutenant of Ireland, and a laanqttet, at which many distinguished guests were present, was given in the evening at the Mansion -house. • This Exhibition presents certain remarkable features, in - additioh 'to those which naturally characterise a national collection of specimens of native and foreign in dustry. It is scarcely possible to over-estimate the im portance of such an undertaking to the welfare, social and commercial, of Ireland, and it is most desirable that its antecedents and its present condition should be under stood in England, to which Ireland looks, and will not, we hope and believe, look in vain, for a cordial recogni tion of efforts to follow out the noble example so magni ficently set in London in 1851. The effect of the building, as seen on entering, even in the state of incompleteness in which it remained up to a late hour on Wednesday, is very striking. The great hall, which is 425 feet long, 100 feet wide, and 105 feet high, is a noble apartment. The building is supported by cast iron pillars, with wrought iron trellis girders, sustaining the galleries, and these pillars, coloured blue, with white moulded ornaments, as capitals, have an ex tremely light and graceful appearance. There is an entire absence of glare. The painters'had not, on Wednesday afternoon, completed their labours, and were still swing ing on stages at various heights, or being gradually raised high in air, theatrical-wise, while pots of paint flitted across the scene, at the ends of ropes, or shot up hastily into the roofs. It was; therefore, not easy to form a final impression of a system of decoration de pending so much upon lines of colour, while the lines were broken and interfered with in so many directions ; but the general appearance of the hall gave good promise of singular elegance. This hail would be the scene of Thursday's ceremonial. It has an organ at each end, that at the further extremity, and beneath which the orchestra for the musical performances is raised, being a contribution from St. Peter's College, Oxford—the work, however, of an Irish builder. Of the contents of the area it is as yet impossible to speak with certainty, for the great hall is more backward than any part. In the hall to the right of the spectator who enters from Mer rion-square is the machinery in motion, of which the dis play will be large. A new feature is introduced, the motive power which will work all the machinery being given from a bar, or rod, running nearly the whole length of the hall. In the hall to the left, which is devoted to the Fine Arts, is 'the portion of the Exhibition which is most complete, and which is a • most interesting and valu able one. The fine apartment is filled with pictures kindly lent for the occasion by their owners ; and such a collection as is now brought together can hardly be seen again. These works have been gathered by the unremitting assiduity of Mr. John Deane. The present notice not proposing to deal with detail, but only to furnish a gene ral idea of the building, it need merely be said that her Majesty, and a great number of distinguished possessors of paintings, ancient and modern, have contributed, and that among the works are some of the very finest of Danby, Etty, Cooper, Creswick, Grant, Sir Edwin Landseer, - Sir Tho mas L awrence, C harles Landseer, Herbert/Wilkie, Turner, Calcott, Collins, Chalon, and Winterhalter, among painters of the present century ; and there are also pictures by. Claude, Cuyp, Vandyk, Titian, Canaletti, .Domenichino, Hogarth, and other masters. The French and German schools are also represented. This hall is divided at its farther end by a screen, upon which the Winterhalters—full length por traits' of the Queen and Prince. Albert—are hung ; and behind this is the znediseval court, decorated with great beauty, with stained glass and a ceiling of blue and gold stars, and with a number of those remarkable features which excited so much atten tion in the similar department at the Crystal Palace. The two halls are- 355 feet by 50, and' 65 feet in height. The fine arts ball will, from the brilliant cha racter of its contents, and "corn its completeness, be the feature of the Exhibition until the other arrangements are finished, and, probably, thr oug h ou t th e w h ole period it remains open. The hanging the pictures has been confided to the care of Mr.'' Griei,e, the artist, whose name is a guarantee for the skill with which every duty he undertakes will be performed. In the compartments are the textile fabrics, the greater portion of the foreign goods; the sculpture department, which contains many fine works, and among its curiosities a statue, supposed to be by Raphael, and one of the only two assigned to him. A full-length statue' of Mr. Dargan, by J. E. Jones, is One of the most appropriate ornaments of the Exhibition. There is also an admirable East Indian collection, contributed by her Majesty, the East India Company,' the Asiatic Society, and Lord Gough, and there is a Japanese show of exceeding interest. There is also large provision for furniture and for carriages. The galleries contain miscellaneous ar ticles, and the view from them, looking down into the side halls and compartments, strangely recall the diver sified perspective of the Great Exhibition. From the galleries banners are hung forth, and their colours and heraldic blazonry materially aided in the coup d'wil on Wednesday. The inauguration of the Exhibition went off bril liantly ; about ten thousand persons were present. The weather was lovely. The honour of knighthood was conferred upon the architect, now Sir John Benson ; and the Lord-Lieutenant expressed his regret that Mr. Dat-gan had declined the highest honour it was in his Excellency's power to bestow. COURT OF EXCHEQUER-(THIS DAY. (13efore Mr. Baron Parke and a Special Jury.) • THE ATTORNEY-GENERAL V. COLLET. This was an information; filed at the instance. of the Commissioner . of In!.a,nd Revenue, to recover penalties against the defendant, for publishing a journal called the Potteries Free Press, containing news, without being stamped in accordance with the provisions of the statute relating to the publication of newspapers., The Attorney-General and Mr. Phinn appeared for the Crown, and the defendant conducted his own case in person. The main facts, as to the contents and publication of the journal, having been admitted, The defendant contended that the production was not a newspaper within the meaning of the act, and that he had not knowingly and willfully evaded its provisions, as he had informed the CominisSioners of his intention to publish the'paper, but they had taken no notice of his connatin;cation. • The jury, under the direction of the learned Baron ?, almost immediately returned 'a verdict for the Crown for three penalties of 201. each. Mr. Phinn said he would not ask for more than one penalty,, and he would not pressi that if the defendant was not in a condition to pay—the only object of the commissioners being to try the question as to the legality of such publication without a stamp. SEC' fONDARIES COURT-(THIS DAY (Before Mr. Secondary Potter.) BAILEY AND BROTHERS V. HUNT. This was an action to recover damages for the wrong ful detention of a valuable painting and copperplate engraving. The plaintiffs are "the well-known print publishers in Royal Exchange -buildings, and defendant is an engraver; The . darnage's were laid at 1001., independently of the value of the property. Defendant suffered judgment to go by default. Mr. Sleigh, counsel for the plaintiff, stated the case, froth which it appeared that in the spring of 1851 'there was a match in the north of England between two cele brated race horses, Voltigeur and the Flyin'g Dutehman. 'The plaintiff employed an eminent artist, Mr. Hale, to give the race, with portraits of the animals, and he ac cordingly painted a picture, which was given to defendant to engrave a plate from. An agreement was made by which defendant undertook to complete the engraving in three months, and he was to be paid 10/. a month the first two months, and 501. when the plate was completed. 201. was paid, but defendant never returned the picture, or finished the plate, and the latter was, of course, use less after such a lapse . of time ; but there was no doubt that if it had been furnished at the time required, plaintiff would have realised a considerable profit, and the damages now claimed were far belOw the loss suSittin ed. Mr. Bailey was called and proved the facts. The print was to have been published at three guineaS. The defendant was called, and, after at first refusing to answer; admitted he had pawned the painting.; The jUry gave a verdict for 156/.—viz., 1001. general daMages, 501. for the painting, and 61. for plate. CENTRAL CRIMINAL COURT. (THIS DA'Y.) ~.~.--~ OLD COURT. (Before Lord Chief Justice Jervis and Mr. Baron • Alderson.) • ALLEGED MURDER AT THE REGENT'S CANAL. Thomas Mackett, 30, described in the calendar as a tabourer, was placed in the dock on an indictment charging him with the wilful murder of Eliza Lee, by thrusting her into the Regent's Canal. Mr. Bodkin and Mr. Clark conducted the prosecution, and Mr. Parry defended the prisoner. —lt will be recollected that last session the prisoner was 4ttt on his trial for the same offence, but the jury, after Ve6maining in deliberation for several hours, were dis charged without coming to a decision, one of the jury becoming unwell, and a medical man having declared that his life would be in danger if he were not released. The prisoner was, however ordered to b e de tained, to be tried by a fresh jury. The evidence given at the former trial was published at considerable length, and the whole circumstances being familiar to the pub lic, it is unnecessary to• report them on the present occasion. The principal points were these. The prisoner and the deceased had cohabited together, but for some time prior to this event were separated, and prisoner had either married or gone to live with, some other. woman. On the 31st of January the deceased went and found Aim at his work, as a mason, in Portland-toWn ; and after he left off, they went to several public-houses, and were seen drinking at about 11 o'clock, at the Regalia, in Augusta-street, near the Regent's Canal. Almost after they had left• some one who was in the gardens of the Regalia heard the noise of a person in the water and upon running round met a man whom he believed to be the prisoner, running quickly from the spot, and this person said that a woman had either fallen or thrown herself into the water, and he escaped. Shortly after wards the woman was got out quite dead. The next day when the police went after the prisoner he made • several contradictory statements, and some things that were known to have been in the deceased woman's pos session on the same night were found at his lodgings, and a portion -of them had been pawned by another woman at the request of the prisoner. The case was proceeding when we went to press, and will probably last the entire day. NEW COURT. ' • (Before' the Recorder.) John White, 26, watchmaker, was indicted for stealing four, watches, and five watch cases, the property of Joseph Savory, and another, his masters. Mr. Thompson prosecuted, and Mr. Robinson was for the prisoner. It appeared that two years ago the prisoner was a workman to Messrs. Savory, of Cornhill, the watch makers ; and the property in question was work given to him, which he had to keep locked up in his drawer. Having absented himself from his work, his drawer was broken open, and the property missed.' It was found that lie had gone to France, and nothing —was seen of him until a few weeks ago, when one of Mr. Savory's workmen met him at Hoxton, and it turned out that for 18 months he had been working for a Mr. Hedger, of the City-road. The jury found him guilty, recommending him to mercy, in which the prosecutor joined. Sentence-5 months, and hard labour. THIRD COURT. (Before the Common Sergeant.) John Whaley pleaded guilty to embezzling sums amounting in all to about 901., the moneys of Nathaniel Machin, his master. Mr. Payne, for the prosecution, said that the master of the prisoner was a wholesale confectioner, and the embezzlement had begun as far back as two years ago, and from that time down to the period of his apprehen- sion he had stolen above 2681. by making false entries in the ledger. He had also tried to fix the crime upon a person who had left prosecutor's service for Australia, but for which there was no foundation. He was transported for seven years. COURT OP COMMON COUNCIL Yesterday a Court was held for the dispatch of busi ness, the Right Hon. the Lord Mayor in the chair. BLACKPRIARS AND SOUTHWARK BRIDGES. Mr. R. C. BUCKNALL then moved that the further consideration of the report on the reference in relation to the proposed erection of a new bridge between Black friars and Southwark bridges; delivered in on the 14th of April, 1853, he then proceeded with. After the CHAIRMAN had introduced the report, he simply moved that the Court should agree with the Committee in the same. • The motion having been seconded, Mr. Cox moved, as an am en d men t, th a t t h e report be referred back to the Committee, that the parties might confer with her Majesty's Government as to Blackfriars bridge, and the one propOsed at Paul's-wharf, and as to the mode of raising the funds for the purpose. Alderman SALOMONS differed entirely from the state ments made in the report. He advocated the opening of Southwark-bridge to the public free. The worthy alderman repudiated many of the statements made by Mr. Bennoch, in his recent publication, entitled, Are more Bridges needed ? He (Alderman Salomons) thought that Mr. Stephenson's report was conclusive in favour of Southwark-bridge, - Which that gentleman thought was all that was required. The question, he considered, was not ripe for consideration, as to the erection of a new bridge. He had no shares in South wark-bridge, nor any interest in it, directly or indirectly, but he did hope that some communication would be made by the Court with the Southwark-bridge proprie tors, with a view to an arrangement as to the opening of the said bridge to the public. Mr. BENNOCH, at great length, brought before the Court the whole of the principal features of his scheme for the erection of a new bridge between Blackfliars and Southwark bridges, as proposed in the pamphlet he had published. The majority of these propositions have, from time to time, appeared in the public papers, so that it it is not necessary to repeat them here ; but this may be said, that neither as to the necessity for the bridge, on the ground of increasing traffic; Or the cost of its construction, and for the approaches, did that gentleman deviate in a single instance. Mr. T. H. HALL ridiculed the idea of a new bridge being erected for the sum Mr. Bennoch had set down. He thought, with some judicious alterations, that South wark-bridge would answer all the purposes required. Mr. DE JERSEY did not consider that a new bridge, as proposed, was neces s a r y, besides whi c h, the Bridge house estates were pledged for many years, so that they had not the power to provide funds for the proposed erection. Alderman LAWRENCE strongly argued in favour of additional bridge accommodation. As to the raising of the funds he was of opinion i n th a t case t h ere would be not the slightest difficulty. He thought that the popu lation might be taxed at the rate of a few pence in the pound for such a purpose ; and as to the Corporation being responsible, he considered that the Bridge-house Estates Committee or the Corporation, need not fear be ing in debt in, such a case. He should glory in seeing the City in debt five millions of money, as the municipal authorities in France were, the money having been laid out in public improvements stretched over a period of years as to payment. He was for having the plans made for the new bridge, and for inquiries being insti tuted for the raising of the money as soon a. possible, and, in the best manner.. Mr. GRESHAM quoted' from the report of Robert Stephenson, Esq., in favour of Southwark-bridge and urged delay in the matter, becau se o f the motion of Mr. Oliveira in the House of Commons, with reference to a general inquiry into the present state of the metropo litan bridges, and the necessity for increased bridge accommodation. Deputy HARRISON showed that the Bridge-house Estates Committee had not the pecuniary means of pro moting the project of Deputy Bennoch. The rent and income of the Bridge-house Estates, upon the credit of which he wished to raise the amount of money required, was 32,000/. per annum. There was a charge upon this of 6,0001., reducing the sum to 26,0001., and, taking a set-off annually (whi c h wou ld expire in 187) of 21, 5501., they would find that the present net annual income was only 4, 450/., Out Of which they had to provide for arm ual re pairs, and the lighting and watching of Blackfriars-bridge at 7001., and for the interest on 73,1001., namely, 2,9671.; total, 3,667/. They had left, p to a off the exisn debt of 73,10 01., the small sum of 783 y /. only, whil e ti the g rebuilding of Blackfriars-bridge, as already agreed upon, would amount, as estimated, to 350,0001. Mr. H. L. TAYLOR, at this stage of the proceedings, proposed the following amendment (Mr. Cox having by agreement withdrawn his), namely, "That the further consideration of the report be adjourned, and that it be an instruction to the committee to consider in the mean time whether it be desirable to throw open to the public Southwark-bridge, and to ascertain if the proprietors are willing to dispose of their interests therein," and further, that it be an instruction to the committee " to confer with her Majesty's Government as to raising the necessary funds and to report to the court." This amendment was eventually carried, and shortly afterwards the court adjourned. DIRECT LONDON AND PORTSMOUTH RAILWAY.—We feel great pleasure in stating that letters have been re ceived from the solicitors of the above projected line, announcing that no further opposition is to be antici pated from the existing companies. We trust the com pletion of this undertaking will be as successful as its commencement has been auspicious•-- Portmunteh Guar dian. THE FRENCH EIIPIIIE. .day wh T e h n er t e he is a a rt l i o u i l i e g w ar a t s ic w le ri i t n te t i l a ie it S w ie a c s le u o u n ly t a he re r p ep ort or — _ t th, f b e i r t the :Government had prepared a bill restoring t° penal code the pu n ishment of death in political ea; which had b een a b o li s h e d by the Provisional G eve ment. The Siècle professes to disbelieve that any se a E ainrtgeunutlieoinitswtauspreunvteerthaainteidt,maundstebnetreirsghtiniutoitsa jvuadrieietYri; There is in France a s t rong re p ugnanc e to the prine F ry of the punishment of death in any case, and many ceg eminent men have advocated its abolition even in ,F s i be of murder. N o grea t er proo f can b e given 01 _ 4 . success which thei r s p eec h es an d w orks on this s' ef ject have produced than the frequent verdiets_st extenuating circumstances by juries on the 9 v re , horrible cases of murder and parricide in order t ° ,l; to vent the judges from applying the penalty of death the criminal. If this feeling, which we neither condrrs, nor approve, leaving the appreciation of it to our reade exists even i n cases lik e t h ose w hi c h we h ave mention as e: it must exist eq ua ll y , if not i n a s t ronger degree, ill garde political crimes, which although very heinou s the eye of the l eg i s l a t or, are not regar d e d w ith the sa w ro , horror by the population. When M. de Larnartil o i posed the abolition o f cap it a l pun i s h men t for pa: the treason, he declared th a t h e was an a dvocate f r of abolition of it generally, and hoped the time was e far distant when it could be proposed and like is h, adopted. In the meantime he said, the ment of death could very safely be abolished for patbilie offences, thus d ec l ar i ng th at he cons id ere d the Pu it mind to be fully p re p are d f or t h e l at t er , althoug h o might not be so for the former. Without entering the question as to whether the penalty of death forur,g additional guarant ee aga i ns t treason—w ith o ut inq°,ld whether anythi ng h as occurred to prov e that wh at es not prevent treaso n aga i nst t h e G overnmen t of C ra , s ra X., or against th a t o f L ou i s Philippe, wou ld be _ fat effectual now, w e cannot conceal from ourse l v es the ree that there is a st rong f ee li ng i n favour o f the fief adopted by the Provisional Government. The motive for that cours e may h ave b een per h a ps to bat impunity for the chief actors in the Revolution/ was whatever the m o ti ve may h ave b een the ac t itself certainly popular. There is nothing c i ao of interest in the original cola isn° of the Paris journals. The Legislativ e B o d y met on Wednesday, „4- Blaolt for in the chair. The President presented a bill, baval t o its object again to put in force Arts. 86 and 87 °flitto Penal Code; a l so a bill for the better organisation "ateci mortgage societies. The Marquis d'Andelarre p res il l a report on a l oca l bill . T he discussion on t h e h a d lating to the civil pensions was resumed, and sg 3i t ri , ru ii journed to the next day. The proceedings then nated. The following a re th e t erms of Articles 8 6 and 87oy' the Penal Code, i n th e bill ' presented on WedlodY• by the Government at the sitting of the Legislative _,,,, A to These article s , as f ormer l y worded, and which relsr oa the pain of death i n po li t i ca l matters, were abolish r- o , February 26 by a declaration of the Provisional G. n .,. °1 : 4 meat, and by A r t. 5 o f t h e Constitution of •sc" 1848. The new articles run thus :-- nof "Art. 86. E ver y a tt empt against the life or i3erS •as. the Emperor i s p un i s h e d w i th the pain of pa..4—.„cber Every attempt against the life or person of the we,' tb, of the Imperial family is p un i s h e d w i t h the pain d ' A ej o of Every offence, publicly c omm itt e d aga i nst the Per' s " tof the Emperor, shall be punished with an imprisonre e fr s from six m on th s to five years, and w ith a fine e f ;i ° o 500 f. to 10,000 f. The guilty person may, i n ad"'T be interdi c t e d f rom the whole or a portion' of his C-Itot civil, or f am il y - r i g h ts during a period equal to tbs ed, the impriso nmen t to w hi ch he shall have been condeln A l l y That period s h a ll run f rom the day on which the g party shall have undergone his punishment. be, ial zo e either e r A r e oor i ttf inhabitantsOsBu destroy7ce s Any ion a utt t oro t e t : el hek p a t eTu , guh t perhoent armshe object oarg oifn Government , wes tx h e Il i c te h e r ,s to ai epr eft ya authority,Thu2onshitaellurbemputiisuhseda w d i e t ur h e d e ea p th u . ' l ' the es' sion of the Corps Legislatif to the 28th r i a n o s n t. b gi u n' a At the Bourse yesterday there amount of business transacted, with a w gen s eral declin e n ji prices compared with Wednesday's final quotat i , ° ; 9. The Three per Cents. for the account, h 1 : f3 0 steadily maintained, and had improved 10co.wat the e l r re of the business. A fall of sc. took place in the %if per Cents, for cash, and of 15c. in the Four-and - a' lie per Cents. In the Four-and-a-Half per Cents. fo r e a 1" end of the mo n th th e d ec li ne was 10c. Bank of 5 Shares remained without variation. The closing " ; were :—For cash, Th ree per Cents, 811. :;;;t; Four-and-a-H a lf p er C ents., 104 f. For the as Three per Cents., 81f . 85 c. ; Four-and-a-San: j'e Cents., .104 f. 30c. ; Bank St oo k , 2,730 f. There 1911 :e change to rep or t i n M ortgage Bank Shares, or in t'„iol of the Soci6t4 Mobiliere, the former being still ( 1,1; at 885 f., and the latter at 940 f. The downward to dency in prices previously noticed as existing in i ; Railway Share Market has not been arrested, a d e fi c ' t - h i l having again occurred in the shares of nearly a" g - f important lines ; in Paris and Rouen to the extent of 1 ' and in the remainder of from 2f. to 7f, each. In Orlea:, shares. there was an improvement of 2f. "MD"' q uo tions :—Northern., 930 f. ; Orleans, 1,107 f. • Par is • B ' T - ' 4 t a r r t a f t ' s b an u d r g fi 0 9 u 3 e 4 n r , " 1 2 ,1 5 4 c . sf ; . LyonsParis . a n t d o the l ° M ns ed erro — 250 „, . 50c. ; Western of France, 795 f, 50c. ; Rouen an Havre, 542 f. 50c. ; Bordeaux and Cette, 668 f SPAIN. There is no p o liti ca l news of interest in the ih r q ri l ci journals of th e 7th. Th e Ministers had assemble" council at Aranjuez. Count de San Luis (Sartorius) tinned to be spoken of for the department of Fer e ;.s Affairs, and there was a rumour that General Naraa a likely to be appointed Ambassador in France. o Diario publishes in a supplement a report of the n e , de Sotomay or , G enera l J ose de la Concha, M. Infa' l the and other senat ors , w h o f ormed the committee ()t. o f Senate on the railway question against the concessiovo lines made by th e B ravo -M ur i llo Cabinet. The jotollei announce that the E m p ress o f the French has preoenAl a large oil p a i n ti ng t o t h e chapel. of St. Louis in tu e t he Franciscan convent at Cadiz, which is f requen ted by French resident s , and that ie Countess de Monti.O' t of Majesty's moth er , h as presented a crown and a s e , t he jewels to the s t a t ue o f t h e Virgin in the church 01 Lady of Grace at Madrid. GERMANY. The Nouvelliste of Hamburg contains a letter fr ° to 0 Kiel, of the sth, w hi c h says :—" I have just learned 1. o n a good sou rce th a t t h e Cabinet of Vienna has called to the Danish Government, in the most positive ternA dr suspend the works of demolition at the fortress of Re the burg. It h as b een even said at Copenhagen that re works, already demolished, are to be rebuilt, but 0 0 port requires confirmation." The New P russ i an G azette has the following fro°,,,ro Vienna, d a t e d th e 7 t h :—« pace Danilo of MonteeZ t h and Berda h as t a k en hi s departure for Cettidie ‘Tisit Baron de M amu l a . B e f ore his departure he paid a i; to to Colonel O'D onne ll and to Chevalier d'Ettenr,eL .n e del express to them i n p erson hi s esteem. Baron de to is to represent Austria at the Conference, whied t ot take plac e thi s year at Kissingen. It is believed Count d'Appony, at present Ambassador of Austria the Cou r t o f T ur i n, i s to be named Ambassador at Ff, The Vienna Gazette contains the following vas e Minister of Foreign Affairs and of the Emperors hold has c h arge d the Ambassador of Austria at ' s his to request th e Mi n i ster of Foreign Affairs to exPre°,or thanks Ito Lieut. Lefevre, in command of the 00 1- steamer the Narval, and to M. Lespardo, the ea _i i ich general of France Beyro u th, f or the services "bob they rendered to the Austrian steamer the St ain when she went ashore on the coast of Syria.' - , RUSSIA. A letter from Warsaw o f th e 6th, in a Fran kfort nal, says :—" Th e E mperor Nicholas is eeteu,, in A 1 1)6 xpe - city towards th e en d o f the next week. There - several reviews of troops, but his Majesty will ne t 9: for a long stay; On the th or 19th he will Vienna. From the preparations making i n the e ars of Lazienki and other Imperial residences, it al ) , 1 1 3 40 00 that his Majesty expects to be visited by some illus.' 0 . of personage on his return. It is, hoped that the I(inc eer quite to the Belgians will come. It is, however, n ot tain that the Czar will come direct from V ienli or reP Warsaw, as he may first pay a visit to th e froio Russia is continuing,:her warlike preparation s )., s tarr which it is assume d t h at her negociations at Ce' tinople are not going on favourably." THE VICTORY AT TRAFALGAR• TO THE it EDOR OF TE TIMES. ol SIR, —I had hoped some T fri nd es of H the officers nif --. thi 4 noticed a very singular phenomenon in connexion subject, but as none have, I, a :0140, stranger, e silo' r would call public attention to it• It is that tiler 1 , 110 * perfect to I - la is ' actually two gentlemen, engaged in the ' battle cf i Vo l , - who have arrived at the fortunate and enviable ra n ' i duo'' , tenants* in 18531 and it speaks as highly in I.3"U ji:ar Pitiv t and aristocratic " First Lords' " discrimination in "- I ,' ores merit as it must be inducive to t;entlemen without 1 r v ed and connexions to enter the service.—l ani,,,,S o ir i/NION• obedient servant, II ! ' 1' 6, Half-moon-street, Piccadilly, May 12. ________,...../ to Fe ar: * Extract from th e "Th nes. "—" Th e a dmiral aPP Admiral Sir G. Westpital, Commanders Carslake a nd Lieutenant Rivers and Pollard." LeaaniCaster, a"( 1 ire° THE PAROCHIAL CONTEST IN ST. PANelaS':;o Of terday was the last day of polling for the elecl'orae, vestrymen and auditors 'for the parish of . St. Pa ev ioe o when the excitement which revailed on the two P r o espe d!tys was completely thrown into the shade, / nor o i l mally in the vicinity of Vestry-ball, where the p olling' w e►e took place. The numbers at the close of the poll as follows : For the Pink List For the Blue List ... '2 636 1,6 13 "' Majority for th e Pi n k List .......... 91 The triumphant " Pinks," immediately after th e • . o cession,noun cein ewniti which hf consistedthe result, o ffo carriages,r m formed t l themse lves v vans,es ii,lllir cabs, and vehicles of every description, with bap play'A t a in l g at a e nd h c o o u l r ou las rs t fl n y i i g n h g t , atnhdepreersaumltbNivilaasted the P risll l . o ' ;s follows : For the Pink list .. For the Blue' List . declared to 2,497 1,5 78 Actual majority for the Pink List- • - a _ 9 l 9 b itter The proceedin gs o f one o f th e most excit in g of contests which has ever taken place in the Pasri Pancras thus terminated. 1P17.7 . 4: