The Sun. — London, England, 1853-04-27 00:00:00

THE SUN, LONDON, WEDNESDAY EVENING, APRIL 27. 1853 , trust was for small amounts, operate as an obstacle to the conversion of the stock. Sir F. KELLY entirely agreed that there should be no kind of proceeding which would entail any great expense in the conversion of the stock, and he, there fore, objected to the clause of the Solicitor-General, so far as it allowed an appeal to the Court of Chancery where parties refused their consent to the trustees. Looking at the important nature of the bill, he thought it would be better to postpone the discussion until to morrow, in order that they might have an opportunity of well considering the clause. The SOLICITOR-GENERAL reminded the house that the Court of Chancery was now very much altered, and the application which was proposed to be made in this bill was in a form which, until lately, was entirely unknown to that court. It was an application to a judge of the Court of Chancery at Chambers, which would cost only a few shilliugs, and occasion only a few hours' de lay. The provision with regard to the Court of Chancery was also objected to byMr. MIILLINGS and Mr. SPOONER, who both urged delay. Sir J. GRAHAM said considering the immense in terests involved in the bill he would recommend the Chancellor of the Exchequer to agree to the proposed delay if both sides of the house concurred in the prin ciple embodied in the clause, but though hon. members opposite admitted that the common consent should be required of all the parties beneficially interested, they objected to the intervention of a judicial tribunal in cases where those parties were not all agreed. He was satis fied that the effect of such a decision would be an entire bar to the operation of the present bill. (Hear, hear.) Though very great improvements had been introduced into the Court of Chancery, he was not so sanguine as to believe that it was altogether inexpen sive, yet he concei ve d there could not be a greater slur on the judicature of the country than the assertion that an appeal to Chancery where parties did not agree would be ruinous in its effects. If so, all the late reforms of that court had been altogether nugatory and vain. He believed that further reforms were indispensably neces sary, yet he was confident and sanguine that the mea sure of last session would be productive of beneficial re- sults. Mr. HENLEY considered that the appeal would do a great deal more harm than good. Why did not the Government adhere to the principle universally a,cknow• ledged in these matters, that if there was no necessity for parties to do anything, they should be left alone ? The amendment was also opposed by Mr. CARDWELL, and supported by Mr. NEWDEGATE. REPLY OF HER MAJESTY TO THE ADDRESS OF THE HOUSE. Viscount DRUMLANRIG, who wore the uniform of the Comptroller of the Household, appeared at the bar and read the following : " I have to thank you for your loyal and dutiful address. The interest which you have expressed in my domestic happiness is very gratifying to me. NEW MEMBER. Mr. BIINBURY took the oaths and his seat for the the county of Carlow. SOUTH SEA. &c., ANNUITIES. The house then divided on the clause of Sir F. Kelly, The numbers were— For the clause 6l Against it Majority 67 The SOLICITOR-GENERAL then moved the clause, the purport of which is given above. After some observations from the CHANCELLOR of the EXCHEQUER, the clause was agreed to. Another clause was proposed by the SoLicrron-GENE RAL with regard to the hearings in the Court of Chancery. Mr. HUME hoped that as the judges of the court were well paid, a provision would be made for enabling parties to have a hearing without any expense. (Laughter.) Mr. HENLEY observed that it was a new doc trine to lay down, that because the judges were paid, therefore, the practitioners in the court should forego their fees. (Hear, hear.) He doubted very much whether the Solicitor-General would agree to the sug gestion of the hon. member. (Laughter.) He thought it was a great hardship to drag parties into the Court of Chancery, when the only result would be to frit away the funds that were in the hands of the trustees, and to place money in the pockets of the lawyers. After some further discussion the clause was added to the bill. Another amendment was also introduced into the bill for the purpose of restricting the issue of the New Three-an d-a-Half per Cent. Stock to 30,000,0001., the same limit that is placed upon the New Two-and-a- Half per Cent. Stock. The bill was then read a third time and passed. CLONMEL ELECTION. COUNTY RATES EXPENDITURE BILL. The further progress in committee of this bill was postponed until this day week. - SOUTH SEA AND OTHER ANNUITIES COMMUTATION BILL. On the motion for the third reading of this bill, Sir. F. KELLY, after apologising for his absence last night, when the bill was brought under the consideration of the house at a late hour, which was entirely owing to his ignorance that the bill was on the notice paper. Im portant as the measure was it was most desirable that it should not be hurried through with too great haste or precipitation. (Hear.) He bad two clauses to propose— one to regulate the mode of conversion of stock by parties beneficially interested or trustees. The CHANCELLOR of the EXCHEQUER said that a clause had been prepared to carry out the object which the hon. and learned gentleman had in view, but as the Solicitor-General, who had drawn it up, was for the moment absent, perhaps the hon. and learned gentle. man would postpone moving his first clause until the return of the Solicitor-General. Sir FITZROY KELLY said he would willingly postpone his first clause, and proceed to the second, which was to limit the creation of two-and-a-half per cent. stock (proposal No. 2) to ten millions. He be lieved that there was no instance of any great operation shown, as was proposed by the Government, having been elected solely by the means, and at the rate fixed absolutely by the Finance Minister. The usual mode was to submit the bargain to public competition, and in this mode it was easily ascertained what were the lowest terms on which the public were willing to effect the operation. Either the Chancellor of the Exchequer possessed the gift of divination to which other men were strangers, or , else he was advancing Ilindly into the money market, careless of the loss which he might pro duce to the public by the manner of his operation. He, therefore, wished to limit the scope of such a blind operation. The CHANCELLOR, of the EXCHEQUER said he objected to the proposal of the hon. and learned gentle man, both on the ground of precedent and reason. He must give a most, unqualified and positive denial to the statement of the hon. and learned gentleman, that there was no instance of a Finance Minister having proceeded in the manner in which he now proposed to act. In point of fact, he was persuaded that he was now pur suing the very course I which had always been proposed - in cases of conversion of stock. No doubt, in point of technical law, the stock which they were about to create was a new stock ; but in fact it was a mere conversion, and not creation, of stock which they were about to effect. He admitted that the Exchequer Bonds which he proposed to create were a new stock ; but here he proposed not a fixed rate, but according to what could be obtained in the market, due care of course being taken of the interest of the public. With regard to the reasonableness of the hon. and learned gentleman's proposition, he contended that there never • had been such a thing known as to raise money in the market for the purpose of applying it to the extinction of stock. In doing that, the Chancellor of the Ex chequer would be creating just an artificial scarcity in the market by going into it to borrow 30,000,0001., and then directly after an artificial glut when he went in to pay off the stock. Such a proceed. ing would be most irrational, and cause enormous loss to the public. The operation which was now proposed would not, in fact, increase the amount of debt, as the fund which would be at the same time provided by the house would reduce the debt to a much greater amount than that by which it would be necessarily increased by this operation. If the operation were limited to the sum proposed by the hon. and learned gentleman it would be much too small ever to come properly into the view of the public, and would not afford a fair test of the working of the principle on which it was founded. The objection of the hon. member for Huntingdon (Mr. Baring), who spoke on Friday night in favour of the hon. and learned gentleman's motion, was that even 30,000,0001. was too small a sum fairly to test the principle, and he (the Chancellor of the Exchequer) could certainly not con sent to reduce its scope to 10,000,0001. alone. Mr. HUME thought the mode of operation was the very best which could be adopted. Mr. SPOONER said that the bargain was a bad one altogether, and a great deal too much in favour of the iswitalist. The balance against the state aad in favour of the capitalist would be about 7 per cent. It was on that ground he supported the motion of his hon. and learned friend. He thought, looking at our prospects' of prosperity, that 40 years was too long a period to guarantee a fixed rate of interest merely for the sake of the miserable saving between paying 21. 17s. 9d., and 31. per cent. He thought it was the height of folly to tie up the hands of the Chancellor of the Exchequer for so long a period, taking into account the fluctuating and uncertain state of things in the money market, and the large im portations of gold into the country. Mr. WILKINSON supported the amendment. Sir F. KELLY said it was not his intention to go to a division, because be did not think he was justified in opposing his own judgment to the declared opinion of the house. Though he had ventured to differ from the Chancellor of the Exchequer, he should exceedinglyrejoice to find that his experiment had succeeded, and that He had proved not only unjust to the state, but advanta geous to the shareholder. Mr. WILLIAMS would have been glad if the right hon. gentleman could have made a better bargain for s the public, b ut he was obliged to look at the great diffi culties which beset him in dealing with this 500,000,0001. of stock. Re thought on the propositions whi c h h e h a d made to the pwould üblic. the whol e b e pro d uct i ve of great benefit The clause was then withdrawn. Sir F. KELLY t h en clause for regulating the mode for th e convers i on o f stock held by truste es in trust others. Mr. HUME approv e d o f the object r of the c l ause. he SOLICITOR-GENER AL apprehended existed i on this subject. hended th a t no i cl eh thi substantial difference of o He bad drawn up himself a clause which w ould meet the views of the h on . and learnedle thou g ht member. It wrs to the effect that all persons holding stock trust for the benefit of others, should not beatFtiyn to commute that stock without tlas consent in writin g I The fourth annual meeting of the British Ladies' Fe of all the persons beneficially interested, or in the event male Emigration Society for providing matrons, books, of their being minors or under legal disabilities, with out and employment during the voyage, visiting ships, &c., the consent of the Court of Chancery. The clause also was Th held this afternoon, at the Hanover-square Rooms. :o r R e e l l 2 r ‘ provided for an appeal to that court when the parties TehEe Earl o o b f l e ll e a t i noccupied addressingt he chair. beneficially interested differed as to the propriety of con verting the stock. the meeting —a that art of the clause ver crowd Mr. MITCHELL objected to t p Y . ed one — sa id in he conseut of the Court of Chancery. public feeling as regards effect whatever may be the requiring t LEY ned the house of the danger that the means of emigration, it cannot be doubted Mr. S. WORT warinstruction andprofitable 'sdiction of that court to these should be provided to employment of extending the jun 00 000/. of stock, a vast portion ralization of idleness andcounteract the certain demo- Of the 500,0 , of this soviet large ignorance. By the agency matters. trustees, and the expense of an y mass of persons, 8 1 . gathered togs= was in the hands of n which the ther at the depot, and on board ry WOW) cases ship, are brought' application to Chance The SPEAKER informed the house that he had re ceived a letter from the agent in the case of the Clon mel election, stating that it was not his intention to proceed in the said petition. IRISH COURT OF CHANCERY. Mr. WHITESIDE moved for leave to bring in a bill to facilitate the sale, partition, and exchange of lands by the Court of Chancery in Ireland, and the recovery of moneys secured by recognisances in the said court. His object for introducing this bill was to extend the machi nery of the Irish Court of Chancery, in order to facilitate the proceedings of the Encumbered Estates Court. The operations of this court had not failed from any inatten tion or want of zeal on the part of its officers, but from a defect in the act of Parliament. The consequence was that at the present moment there were no less than 1,000 encumbered estate eases undisposed of, with a locked-up capital amounting, in round numbers, to 4,000,0001. in money. Under the existing law, the attorney who first commenced the suit in the court got the management of the estate, to the exclusion of all other attorneys or agents who had previously superin tended its affairs. Now, the principal object of this bill was to remove this anomaly, and to secure to the parties who were the best entitled to it the power of winding up the affairs of an encumbered estate under the authority of the Encumbered Estates Commis sioners. The law, as it now stood, held out a premium to fraud, for the Encumbered Estates Court had no power to appoint a receiver, like the Court of Chancery, and an attorney who wanted to entangle an encumbered estate in the meshes of the laws had nothing else to do but file a petition in the Encumbered Estates Court, and the management of the estates passed into his hands. If the parties in possession or otherwise, wished then to have a receiver appointed, their only remedy was a bill in the Court of Chancery. Now, the object of this bill was to remove all these evils by engrafting upon the Irish Court of Chancery the simple powers of the origi nal Encumbered Estates Court. It would anthorise parties who wished it to file a petition, which should be short and cheap, in the Court of Chancery for the sale of their estates, and the Court should have power to order an immediate sale of the whole or a portion of the estate. Another provision of the bill was this— Under the existing law an estate could not be thrown into Incumbered Estate Court, unless it was incumbered to the extent of its zental value ; but, by this bill, a man who had an estate that was only partially incumbered should be enabled to get rid of such incumbrance by selling a portion of his estate under the authority'of the Court of Chancery, which would be tantamount to giving him a Parliamentary title that would be saleable in the market both cheaply and expedi tiously. He anticipated that the effect of this new law would be to get rid of the 1,000 estates, and relieve the 4,000,0001. now locked up in the encumbered estates, because if the bill passed the parties inte rested in them would have power to transfer their petitions to the Court of Chancery, and he therefore trusted the house would throw no difficulty in the way of his introducing the bill that he no w asked leave to bringin. Sir J. YOUNG stated on the part of the Government, that there was no objection to the introduction of the bill, but at the same time it was right that he should add, that the Government had a similar measure under its consideration, and therefore he could hold out no hope that this bill would either be supported or facili tated by the Government. Mr. I'ITZGERALD, as an !Irish lawyer, bore his testimony to the usefulness of the Encumbered Estates Court, and declared it to be his opinion that if the Legis lature gave full scope to its machinery, he saw no reason why land should not become just as much a marketable commodity as goods, manufactures, or agricultural produce. He took exception to the figures which had been stated by the hon. and learned gentle man who made this motion, and announced his intention to oppose any proposal for the absortion of the functions of the Incumbered Estates Court of the Court of Chan cery. Still there was much good in this bill, and so far as its practical reforms were concerned, he would give it his hearty support. _ _ Mr. gAPIER said the object of this species of legis lation ought to be to give the public what they really wanted, namely, facilities of sale and security for title. That end, he believed, would be attained by this bill, and he should have no hesitation in awarding it his sup port. - Mr. V. SCULLY said he should offer no opposition to the motion for bringing in the bill, but he most certainly , should resist any proposal for vesting the sale of encum bered estates in the Court of Chancery. Before the establishment of the Encumbered Estate Court, the Court of Chancery enjoyed jurisdiction over en cumbered estates, and the manner in which it exer cised its functions in that respect, showed that it was incompetent to the task. The fact was the mischief of the present system lay in this—the jurisdiction of the Encumbered Estates Court was too much restricted by far, and he hoped before the house consented to dispose of this bill it would be good enough to remember that he had given notice of his intention on the 10th of May tomove for leave to bring in a bill with the view of remedying that defect. Mr. GEORGE said the time had come when the ex traordinary powers of the Incumbered Estate Court ought to be transfirred to the ordinary tribunals of the land, and he was glad to hear that the Government of fered no opposition to the introduction of this bill. Leave was then given to bring in the bill. The other orders of the clay were then disposed of, and the house adjourned at six o'clock. FEMALE EAHORATION.--(THIS DAY). under religious instruction at comparatively small ex pense. At few other seasons are the emigrants ready to listen to advice, or able to devote so large a portion of their time to self-improvement. It is plainly our duty to embrace these opportunities and to do what in us lies, that the people which England sends forth shall make her colonies prosperous and respected. From the report it appeared that the total number of ships visited during the past year was made up as follows :-109 Government ships, carrying 39,742 emigrants ; 92 pri vate ships, carrying 23,000 ; 13 sailing from Liverpool, carrying 3,250 ; and 24 sailing from Bristol, carrying 6,000 in all 238 ships, carrying nearly 71,992 emigrants. The total receipts of the society by annual subscriptions for the year ending April was 3701. 17s. • donations 6101. Bs. ld.; coll e ctio ns , 44/. 7 s . 6d. ; tot a l, 1,0251. 12s. 7d.; with the balance from last year (19D?. 71s. 5d.) made a total of 1,216/. 44. The expenditure had been 958/., leaving a balance in hand of 258/. 4s. The com mittee are still unable, from want of funds, to en gage the services of salaried matrons. All they can do at present is to give them, prior to embarkation, a short course of instruction in their duties generally. To obviate this difficulty it is proposed to raise immediately a fund of 1,000/. The meeting was afterwards addressed by several gentlemen, among whom Archdeacon DAVIS, from Melbourne, detailed the difficulties of a voyage of 14,000 miles. He said that in Victoria the proportion of males to females was 10 to 1. Where this disparagement in numbers exist, there is great danger to the female emigrants on arrival if not adequately protected. No relief was to be found for idle ness in Melbourne or other places in Australia. The idler was passed by with contempt by everybody. The picture given by the rev. gentleman of Tasmania was the reverse of everything that is good. Resolutions in conformity with the objects of the meet ing having been agreed to, a vote of thanks to the chair man terminated the proceedings. NAVAL INTELLIGENCE. PORTSMOUTH, APRIL 26, Her Majesty's ship Hastings, 72, Captain Austen, unbent sails this morning at Spithead, and was towed into harbour by the 3 Sprightly and Echo steamers to be dismantled and paid off. The widow and daughters of the late Admiral Sir Francis Austin, with their baggage, were landed at the dockyard yesterday. The London, 90, Captain Charles Eden, returned to Spithead this afternoon from Plymouth. The Illustrious, hospital-ship, was inspected this morning by Rear-Admiral Fanshawe and Captain Scott, of the Neptune. The of&ers and crew of the Agamemnon, Captain Sir T. Maitland, having been turned over from the Camperdown, the sickness having entirely disappeared, and her stores are being reshipped with all possible dis patch. The Vulcan steam troop-ship, Captain Von Donop, has been supplied with lower yards and topmasts, and will shortly be ready for sea. Wind, S.W., with fine weather. PLYMOUTH, APRIL 26. Her Majesty's steam-frigate Odin, 16, Capt. F. Scott, arrived in the Sound last evening. The sickness on board the Odin left as soon as the land was cleared. She has been to Vigo. On entering Plymouth Sound only one engine was used, as one of her boilers is out of repair. She is expecting telegraphic orders to return to Portsmouth. The Sanspareil, screw steam-ship, 70, Captain S. C. Dacres, left the Sound at 5 p.m. yesterday for the east. ward. The merchant-brig Hamlet, of London, Capt. Har wood, from London, the 16th inst., for Adelaide, with passengers and a general cargo, put in here yesterday afternoon with pumps choked and leaky. WOOLWICH, APRIL 26. It is not yet known who will be master shipwright at Woolwich Dockyard in the room of Mr. Oliver Lang, deceased, but it has been decided that Mr. 0. W. Lang, assistant to the master shipwright at Chatham Dockyard, is to be promoted to be master shipwright, as he is the senior assistant master shipwright, although Mr. Chat field, assistant master shipwright at Woolwich Dock yard, is the senior as an officer in her Majesty's dock yards, and, consequently, it rested between these two officers. The officers of the Woolwich Dockyard battalion com mence their summer drills to-morrow, and the workmen recently entered in the yard are having new clothing made for them previous to the men commencing their summer drills. The Phoenix screw steam-sloop, Commander Edward A. Inglefield, is now so heavily laden that she draws 16 feet of water. She has a large supply of stores and coals, but a portion of the latter will be consumed in her voyage to the North Polar regions. It is now de cided that two sailing vessels, laden with stores for Captain Sir Edward Belcher's expedition, will accom pany the Phoenix to Beechy Island, and the Diligence store-ship is now loading at Deptford, to be employed, in addition to the Breadalbane, on that service. The Breadalbane has taken on board 200 tons of the best Welch coals at this port, and will be taken out of the basin and up to Deptford to receive provisions. She will then return to Woolwich and fill up with patent fuel. THE NAVAL COMPASSIONATE FUND-WHO HAS THE CONTROL ? TO THE EDITOR OF THE MORNING HERALD. Sir,—l feel that I need no apology in addressing my self to you on a subject which is of peculiar importance to the widows and fatherless, especially to those con nected with the Royal Navy, You have always , stood out boldly in protection of those who might deem them selves oppressed —you have constantly opened your columns to the complaints of those whose sufferings have been neglected in high quarters ; and I therefore • have every hope that you will render your powerful in fluence in causing an inquiry to be instituted as to the distribution of a fund which originally was intended to be devoted to the wants of the poor and needy. I am the widow of a master who served long and gal lantly in the late war, and who left behind him, owing to the utter callousness of various Boards of Admiralty, nothing but a good and honourable name (beyond the pitiful pension of 401. per annum) to his widow and orphans. In due time, after considerable exertion, I obtained B'. a-year as an allowance for my daughters until they a:,tained the age of twenty-one ; for my boys, who were above sixteen, but who, from circumstances, were quite unable to provide for themselves, I got —nothing. My daughters are still unmarried, and, owing to ill health, can do nothing towards obtain ing a livelihood, My appeals to the Admiralty in their behalf are met with the usual cold official letter, and thus am I left to struggle on in my old age, con tending with poverty and sickness on an annuity that would be looked upon with contempt by the valet or cook of any one of their lordships, or of the chief clerks of the Admiralty. I can expect at my time of life but little at the hands of those who have the dispensation of the Compassionate Fund ; but, in the name of the wives, children, and sisters of the gallant men now serving their country, will you pardon me if I beg that you will publish the amount annually devoted by Parliament to maintain this fund, and the name of the particular Lord of the Ad miralty under whose directions it is distributed, and the reason why a captain's orphans should be entitled to a larger sum than those of a comman d er , li eutenant, or othr junior officer, unless the father had peculiarly dis tinguished himself, for it should be borne in mind that it takes as much to feed and clothe the one as the other. This fund has hitherto escaped the notice of an in quirer into modern abuses, and I trust the time has now arrived when, with the invaluable assistance of your pen, its mysteries will be opened out to the public, and an equitable investigation ensue.—l am, sir, your obedient servant, / A MASTER'S WIDOW. Portsmouth, April 14, 1853. [We believe that Mr. Hay, the Chief Clerk of the Admiralty, has the control of the Compassionate Fund. —ED. Al .H.] THE JAMES WATT.—The James Watt, launched at Pembroke, is a two-decker, and is pronounced by 'com petent judges to be as fine a vessel as was ever launched. She is fitted with the auxiliary screw propeller, and has Robinson's patent tiller, which is necessary, as the shaft of the screw comes up through the cabins, and it is therefore requisite, In order to clear the casing of the shaft, to have recourse to a long tiller. She is, fitted with an outside balcony and spacious galleries. She will be taken round to Plymouth by Mr. Brown and his party of seamen-riggers, and, on arriving at that port, will immediately be got ready for commissioning. " PRIZE MONEY.—Woodhead and Co. have given notice that the account sales of the proceeds arising from the capture of the slave-vessel, name unknown, by her Ma jesty's ship Castor, Commodore C. Wyvill (in Company with her Majesty's ship Dee, F. H. Stirling, Esq., lieu tenant commanding), on the 7th of June, 1850, will be registered in the High Court of Admiralty on and after the 7th day of May next. PRIZE MONEY.—Messrs. Case and Loudoneack have given notice to. H. B. Beresford, Esq., lieutenant com manding, the officers and crew of her Majesty's brigan tine Spy, who are entitled to share for the slaves cap tured in two canoes_ on the 3d of November, 1851, that their respective - shares will be paid to them, or their legal representatives, on the 17th of May, 1853, at No. 1, James-street, Adelphi, and re-called every succeeding Tuesday and Friday for the usual period, agreeable to act of Parliament. Scheme of Distribution—Flag, 141. Os. 4d. ; commander, 26/, ss. Bd. ; fourth class, 71. 19s. 6d. ; fifth, 41. 13s. ; sixth, 3/. 19s. 9d. ; seven th, ; 2/. 13s. 2d. ; eighth, 1/, Os. 7d. ninth, 16s. Id. ; tenth, 9s. lid. THE CEMETERY OF PERE LA CHAISE, PARIS.—Went at a little after el even, to the cemetery of Pbre la Chaise, ' and have seldor.t been more affected than I was at this very interesti:ag place, which throws a sort of charm over death, and highly creditable to the domestic feelings of the Fren'.4l The inscriptions, some of them most simple and ta"Aching. Moliere and La Fontaine's tombs are near each other, but not decorated or soignes. I did not see Ney's nor Labddoy4e's ; the name of the former, I hear, is effaced; and it is only to be found out with the assistance of the Concieive. The tomb of the Isabeys is remarkable. Suard's too, who died lately, very old, at the bottom of the inscription over him is, .11 attend son amie—somebody wrote Qu'il attende. I saw there the tomb of poor Miss Cogblan, the Duchess de Castries, axon optima, aq the stone called her.—Diary of Thomas Moors. TBE BUDGET, ( Prom the Morning Herald.) It is natural enough that Mr. Gladstone's budget should bear the clear impress of Mr. Glad stone's mind, and that has ever been a mind so given to refining , balancing, and weighing probabi lities, as to perpex every bystander by its endless hesitation. The incidents of 1845 settled Mr. Glad stone's place in the political hemisphere for ever. On learning that Sir R. Peel meant to endow May nooth, he resigned his office. People were wonder-. ing why he should do so, when he gave the House of Commons an " expfanation." Of this, Lord Brougham remarked in the House of Lords, that "it had been difficult to understand the right hon. gentleman's reasons before he had explained them; but that, after the explanation, it was altogether impossible." A little later Mr. Gladstone made another speech, on the Maynooth question itself. He dilated for an hour very forcibly on the reasons against endowing Maynooth, and then ended by declaring that lie should vote for the endowment. Such is the man, and such is his budget. We do not wonder that Ministers are anxious to push it to a vote quickly ; for if the country could have a month, to become acquainted with the real nature of its proposals, it would not have the least chance of becoming law. At present the people are merely mystified. There is something in the budget for everybody, and something against everybody • and. very few people have yet been a bl e t o make out whether they shall lose or gain by it. A month ago it would have been reckoned very improbable that a Minister should propose, and succeed, with respect to the income tax 1. To keep it entire, making no allowance on precarious incomes. 2. To extend it to a still poorer class—those hav ing less than 1501. a year. 3. To fix it upon the people of Ireland also. 4. And, by gaining a new lease for seven years, to make it, at last, a permanent tax. No one, we say, would have thought it possible to do all this without exciting a storm of popular indignation ; yet, by a skilful way of dealing with opponents, it has been done, and little active oppo sition has yet shown itself. A leading newspaper has been silenced by a peculiar sort of douceur, too large in amount to be easily rejected. The more noisy Radicals have had a fancy of their own grati fied, by the extension of the legacy duty to landed property ; and the Irish members, or some of them, have been gained over, even to surrender their own country to the income tax, by a gift of four mil lions, which benefits largely a few at the expense of the many. And thus, by " dividing to con quer," it is rendered possible that this naturally unpopular part of the budget may pass. We have said that nobody yet understands whe ther, on the whole, he will be a gainer or loser by this scheme. To begin with the landed proprie tors. First, the legacy duty on landed succession seems a heavy imposition on this class. But then it may be said that it will not affect the present generation. No landlord will pay it so long as he can manage to live. And then Mr. Gladstone strives to show him that the demand for a reduc tion of income tax on precarious incomes is an at tack upon the landed interests, from which he, Mr. Gladstone, volunteers to ciefend. them ! Be sides which, he offers to the gentry some consider able reductions of the assessed taxes ; so that this class, like the rest, may study for a long while before they find out whether they gain most or lose most by the new plan of taxation. A morning journal of Liberal politics prints the following brief letter : "Sir,—From Mr. Gladstone's budget a gentleman who now keeps 10 horses solely for pleasure would pay less annually 231. ss. 6d. : upon his three carriages less 141. 155.: upon his four servants less 41. 10s., making together a saving of 421. 10s. 6d. Now, this is not a tax .put on by Government, but by themselves, being optionalwhether they choose to keep them or not. But how differeni is the case of the trader, for every one who sells pepper, &c., is compelled to pay yearlylls. 61d. for his licence ; but to make up for these reductions of duties on pleasure horses, carriages, and servants, we are called upon to pay yearly for our pepper licence 101. lls. 6d., formerly lls. 61d., and friends of ours 271. lls. 6d., instead of 11s. 61d. It is a plain but sim ple question. The pleasure tax all can relieve themselves from, but from the trade tax no ,one is able ; hence the gross injustice of benefiting the former at the expense of the latter. "Yours respectfully, " M. P. DAVIES AND SON. " 63, St. Martin's-lane, April 25." Here, then a trader makes it appear very claarly that some of the traders are largely burdened with new taxes, in order that some of the gentry may b. relieved. Yet, while these facts are unanswerable, it is no less true that the only supporters of the new . Budget are found among the tradesmen of West minster and of Southwark. From these two bodies a couple 'of small and. hurried petitions have been got up, prayinc , that the house of Commons would pass the Budget. And yet we feel not the slightest doubt that very few indeed of these tradesmen had any notion of the new taxation they were asking for. We have said that it will puzzle most country gentlemen to make out whether they will gain most or lose most by the proposed changes. And equally perplexed must the trading classes be if they seriously addressed themselves to the same task. On them, i. e., on the smaller traders, and on the commercial clerks and assistants, will the new income tax on 1001. incomes chiefly fall. On them, too, i. e., on the traders, will the new tax for licendes fall. And we feel no doubt that Mr. Gladstone has, whether intentionally or not, greatly underrated the amount which will be levied under these two heads. In this AT,iew we are supported by the Globe of last night, which, in treating of the new class of income tax payers, says— " If we assume, then, that the number of persons re ceiving from 1001. to 1501. per annum is as large, rela tively to those having larger incomes, in 1853 as it was in 1814, w• obtain a much larger addition to the revenue than the Chancellor of the Exchequer has taken credit for. He estimates the receipts from this portion of the tax at 250,0001., which is equal to only 1-22 of the en tire amount now raised ; but if our calculation be cor rect, and we have every reason to believe that it is so, the new assessment fairly levied ought to yield 750,0001., or. 500,0001. sterling more than Mr. Gladstone anti cipates." We believe that Mr. Gladstone has similarly erred in his estimate of the produce of the new li cence tax. He estimates it at 113,000/. a year. We feel no doubt whatever that it will 'yield more than 500,0001. a year. Thus we have a gross sum of 1,250,0001. per annum, levied chiefly on the trading classes, under these two heads alone, and constituting new taxation. But, it may be asked, if the remissions and the burdens are really so balanced that no one can tell who is benefited,what has Mr. Gladstone's object been ? We might reply, that we attribute much of this balancing and compensating work to the character of Mr. Gladstone's mind. But we must also say that one clearly-defined object is visible throughout the whole ; and that is, the diminution of indirect taxation, and the increase of direct taxation, in every possible way. First, the income tax, which is just now dead, and which has never before been granted for more than three years at a time, Mr. Gladstone now proposes to take for seven years certain, making its whole duration no less than eighteen years, and rendering the itlea of its discontinuance at the end of that time a perfect farce. But then, in so perpetuating it, Mr. G. insists on spreading it over a wider surface, embracing Ireland as well as Scotland and England, and in cluding all classes, down to the clerk or shopman with his 1001. a year. So levied, it will produce at least 7,500,0001. Next, Mr. Gladstone introduces a new sort of house tax on certain trades. All the brewers, grocers, maltsters, soapmakers, and tobacconists, are to pay for their licences in future, according to the premises they occupy, or the business they transact. As this will involve a gross injustice, if confined to five or six trades, out of 50 or 60, we must look for a speedy extension of the same licensing system to all other trades. So levied it would produce some 3,000,0001. or 4,000,0001. per annum, and would be a new description of direct taxation of the most onerous kind: We need hardly say that the third source from whence Mr. Gladstone expects to draw new revenue is of the same class. To make the successor to an estate pay a certain levy in money on coming into possession of it is direct taxation of the plainest kind. Thus, that system which Sir Robert Peel began in 1842, and the drift of which lie explained in his famous "Elbing letter," is now being enlarged by his pupil and admirer, and the one remark to which we shall limit ourselves just now is this— that it would be a far more honourable and straightforward course if, such being their real object, her Majesty's Ministers would explicitly state that object to Parliament and the country, and let a vote be taken upon it, after sufficient time had been allowed for calm consideration. (From the Morning Advertiser.) Though the Ministerial intention is to extend and prolong the original injustice of the income tax, in order to save the pockets of the rich, and empty those of the less favoured, either by Government or the blind goddess, yet it presents some appearance of fairness. If it is an intoler able wrong that a man with 1001. a year, derived from personal exertions, should be taxed at the same rate as the possessor of the same amount from funds, lands, or houses, it is not less unjust to excuse incomes entirely from taxatian, simply be cause the source from which they are derived hap pens to be located in a particular part of the Queen's dominions. It is treating a legitimate subject of fiscal demands precisely as if its existence were purely imaginary. We can understand a Chancellor of the Exchequer, who should chance to say that the income tax shall not affect Ireland, because there are no incomes in that country ; though we might not discover the necessity for so profound an observation. But it defies the human mind to com prehend that an income tax should not operate wherever incomes are found above the minimum to be rated. Between 20,000 sovereigns raised from rents and produce in Ireland, as the revenue of land, and 20,000 raised in like manner in England, a banker would be unable to discover any differ ence ; Chancellors of the Exchequer have hitherto created an unreal difference, and excused the in come in the country, which, of the three kingdoms, has always been allowed to bear the smallest pro portion in taxation. This strange injustice is not to be repeated. Mr. Gladstone proposes to extend the income tax to Ireland ; and, as it has always been the favourite practice of Irishmen of large incomes to spend them in Paris, and other Continental citi es , some means should be devised for securing the tax while the money is yet in Ireland ; for, it- is a tax not on the man, like a poll tax, but on the income alone. Mr. Gladstone, as far as he goes in a westward di rection, is honestly measuring out "justice to Ire land," a commodity for which she has so long been impatiently clamouring, but with which, now that it responds to her prayers, she does not appear to be heartily delighted. Two Irish members oppose this portion of the Budget. Mr. Fagan objects that Ireland has not escaped from her past embarrassments, and that she has others, which are present. Such considerations do not weigh with Financial Ministers. In panics, reverses of trade and commerce, with a large excess of bankruptcies, the machinery of Government has always gone on as usual. Misfortunes have never excused England from taxation. Mr. Fagan says, that "he has always been of opinion, that the mother of Irish embarrassments, the famine, was a visitation of Providence in the United Sing dom ;" and he holds the very convenient opinion, that " the advances to relieve it ought to be made out of the Imperial resources." It was a visitation. of Providence in this manner, that it was an ope ration of the invariable laws of Providence. In any other sense it is blasphemy to use the words, for they attribute the calamities brought on solely by the agency of the creature to the Creator. Will Mr. Fagan deny that, in raising the incomes on land, rents were not exacted so high that the tenants and labourers were compelled to sell the whole of their more generous produce, and rely entirely upon the wretched and perishable potato for their subsistence Y That perished through some natural law, and all their other food going for rents to make up large incomes, the people also perished. The proper mode of dealing with such a cruel and unjust case was, to cause the land to revert to the first use of all land—the sustenance of its cultiva tors and inhabitants, regardless of the few rent devourers who occasioned that very famine, which is attributed to a being who has blessed Ireland with an unusual fertility and abundant fisheries. Instead of doing so, we advanced eight millions, and almost immediately afterwards remitted one half of the debt, which is now paid by English ar tisans and tradesmen, who had never any benefit from Ireland or its rents and incomes. Mr. Maguire, the other opponent of the tax in Ireland, is sure that it is "alien to the habits and very much opposed to the feelings of the Irish people." No doubt of it ; but dislike to be just is no reason to continue excusing them from what all the rest of the United Kingdom have been obliged to bear. An income of so many hundreds in one part is the same in Downing-street as another in a different part. We have not forgotten the violent opposition that was made by lords and gentlemen of large landed pioperty in Ireland to the poor law, though if legal relief had existed the famine could not have been so destructive of life as it was. The poor law was alien to the habits and feelings of all the people, but those who were perishing, or in danger, and who composed, if we are to believe Irish accounts, the bulk of the population. The incomes which- are raised from that landed pro perty, solely by the labour and toil of the people, are now liable to find subsistence for the labourer, and it is no more than common fairness to make them pay the income tax also, just a if they were raised in England. What we condemn is to exist in both countries alike. Precisely the very people who can best pay the income tax, those who either do not, or are not obliged to make auy useful or ornamental exertions, are to be favoured, while those who con tribute to the maintenance of the State are to bear the heavier of the unequal shares of the burden. Still one hundred pounds a year in Ireland, how ever acquired, leave a much larger residue, after the visits of the parochial and Government tax gatherers, than the same 'amount in England ; con sequently the Irishman is a fitter subject for the income tax. The objections of Mr. Newdegate and the English landowners to the legacy duty would be worth taking into consideration, if, by innumerable expe dients and evasions, they had not contrived to emancipate the land from its proper quota to the exigencies of the State. At present, the phrase of " unequal burdens upon the land," is as without foundation as it is stale and unprofitable. Like justice to Ireland, equalised burdens will be un palatable whenever they come. There seems to be little difference between Irish and English land owners in regard to their views of taxation. They who toil not, neither do they spin, in either coun try, strive to lay all the weight upon the shoulders of the spinners and labourers. DISCOVERY OF A NEW AND IMPORTANT MEOBANICAL MOTION. The science of mechanics has just received a valuable addition by an entirely new mode of ob taining a multiplying rotative motion. Messrs. Callen and Ripley, of Parliament-street, Westminster, have obtained English and Foreign patents for a beautifully simple mechanism of their inventing, consisting of a disc and simple crank, by which the speed of any revolving body can be multi plied at pleasure, without the use of cog-wheels, driving-bands, or other dangerous and objection able contrivances hitherto in use. The accidents (too often attended with fatal results) which have arisen from the use of straps, cog-wheels, ac., have long called for the substitution of better and safer macinery, and although many and various have been the means suggested, or partially adopted, it appears that none of these were found to answer in practice. When we look at the vast improve ments that have been made in machinery gene rally, it is somewhat strange that spur-wheels, bands, and straps, attended as they are with so much danger to those engaged in our manufac tories, objectionable in other respects from the space they occupy, the deafening noise they pro duce, and the decrease of power and expense they cause, should not have been long since superseded where the same is practicable. This invention has been thoroughly tested by a practical engineer, from a perusal of whose report thereon we find that in a multiplying motion there are many important conditions to be fulfilled, which, although they do not appear at first sight, are absolutely necessary in practice. Ist,—Thq) motion transmitted must be perfectly regular, that is to say, the speed must be the same- in every unit of time under a uniform power and load. 2nd, — The power required to maintain a uniform speed must be also regular, for it is manifest that if these two primary conditions are not fulfilled, the power will either be in excess of the load at one point, or inferior thereto at another, and a jerking, uneven motion and loss of power will be the result. In order to obviate loss of power by friction, the parts should be few in number, of a simple form, and the material inexpensive and durable ; they should require small space, be easily geared and ungeared when necessary—should not be liable to derangement, and, when in motion, should be under perfect control, and produce no noise. The perfect success with which (according to the report of the engineer) the simple construc tion adopted by Messrs. Callen and Ripley an swers all these conditions in the most satisfactory manner, greatly increases the importance and value of their invention. It is proved to be not more than one-sixth of the cost of cog-wheels, it is much stronger, and requires only one-half the space, while the motion produces no noise, and transmits the power with only one-sixth of the loss by friction,—in fact, its advantages over all the l s o t t e h a e m r v multiplessteam-vessels , se h when h r e e n such spt-upsh a rptwu s e ae llga m mre ns u aebr josrwettsi worthy gearing a ett ifh d sculyoi t r. auu o tob f i dee t edr s tb het g aeto e dfio n veta e toatn r eninyi a d. adoption. It appears peculiarly adapted for our e s screw propeller (producing such a deafening noise so objectionable to the passengers), it eato water,wrNia_c occupies nwhda ra d si a d n e g ra e t r io f n rom of s n h a o v t al in en a g e i t n i e e e n r . s, i H na e s n m ee uc , h i t atbs a ampe g glpa e ll s :e o dat v snhtp e oed r aco c oeu o nr g-wheels must be apparent to all par ties conversant with mechanics, and will un doubtedly obtain for it a great demand, and give the inventors that return their ingenuity so justly merits. whiletas s d: when en h n_e DUTCH STOCKS.—The accounts from Holland describe considerable depression in the funds, consequent upon the political agitation in connection with the recent act of Papal aggression. Within the past few days the Dutch stocks have experienced a decline of between 2 and 3 per cent. .:: nirtfiVist!ition SUN OFFICE, Seven o'Clock IMPERIAL PARLIAMENT, HOUSE OF COMMONS—(THIS DAY.) The SPEAKER took the chair at twelve o'clock. The Reading Market and Weston-Super-Mare Water works Bills were considered and agreed to. Mr. W. EVANS presented a petition against Church Rates. Mr. FITZGERALD presented a petition from Ennis against the Advertisement Duty. Mr. BAIRD presented a petition in favour of the Public House (Scotland) Bill. On the motion of BENNET, the evidence taken before the Huddersfield Election Committee was ordered to be printed. ATTORNEYS' CERTIFICATE DUTY BILL. On the order of the day for the second reading of this bill being read, Lord R. GROSVENOR said that since this bill had been introduced, the Chancellor of the Exchequer had declared his intention to deal with the tax ; and on Sa turday last be (Lord R. Grosvenor) had accompanied a deputation of professional gentlemen to the Chancellor of the Exchequer to lay before him the reason why they were dissatisfied with the measure of reduction proposed. They hoped that before the time that the resolution of the right bon. gentleman came before the house, the rea sons laid before him would induce him to yield to their wishes or else to state that it was the intention of the Government to propose this partial_ reduction previous to a further reduction, and finally a total abolition of the tax. If neither of those alternatives should be adopted, it would be his duty to propose an amendment to the resolution of the right hon. gentleman pledging the house to the abolition of the duty. He should, there fore, postpone the second reading until Wednesday, the Ist of June. Mr. BASS said he had always opposed the motion of the noble lord, not because he saw any peculiar fitness in a tax on attorneys' certificates, but because other trades and professions being taxed in a similar manner, he saw no reason why attorneys should be the first to be relieved. The Right Hon. the Chancellor of the Exchequer, it appeared, proposed to reduce the tax upon attorneys, but he also proposed to imposetTon seven other branches of trade very important restrictions. He was informed that the certificate duty to be imposed upon Barclay and Co. would amount to 2,8501., while the whole amount which was to be raised from brewers and malsters would amount to no less a sum than 100,000/. He understood that so great were the difficulties anticipated in the prac tical operation that the right hon. gentleman had under taken to reconsider this part of his proposition, and as in fact it amounted in plain English to an additional malt tax of 100,0001., he thought it very desirable that the subject should be well and duly considered in all its bearings. He had no objection to such a capitation tax, if it were made general, but if it were confined to a few branches of trade only, it was nothing less than confis cation and communism. Captain SCOBELL said that he had also similar representations to make with respect to the tea and tobacco dealers, but as he understood the Chancellor of the Exchequer had undertaken to reconsider this por tion of his scheme, he should postpone his remarks for the present. The second reading of the bill was then postponed until Wednesday, the Ist of June. AGGRAVATED ASSAULTS BILL. The report on this bill was brought up and agreed to. Mr. FITZROY brought up several new clauses hav ing reference to costs and the removal of indictments by writs of certiorari, which were agreed to. JUDGES' EXCLUSION BILL. The report on this bill was agreed to. ABSCONDING DEBTORS' BILL. The second reading of this bill was postponed until Wednesday next. 'SPORTING INTELLIGENCE. NEWMARKET FIRST SPRING MEETING. HANDICAP SWEEPSTAKES. T. Y.C. —The objection which Jullien's trainer lodged against Petrel was with drawn. TUESDAY.--The cheap and the regular trains brought down a large accession of visitors ; but, notwithstanding a strong list of attractions, and the more than ordinary interest attached to the principle feature of sport—the Two Thousand—the still stormy state of the weather had the effect of limiting the attendance of general com pany. There was, however, a goodly displ a y o f fashion ables, and the rin g was well thronged with speculators. Seven horses started for the Two Thousand Guineas Stakes, Sittingbourne, contrary to expectation, being numbered amongst the competitors. West Australian was supported with undiminished confidence to the last ; and so numerous and heavy were the investments in his favour, that on the break-up of the "Ring," 5 an d 6 to 4 were betted on him. Orinoco was next in demand, and both Barbatns and Filbert had many partizans. The success of the Knight of the Garter in the match with Nathan gave additional encouragement to the backers of Lord Glasgow's horse. West Australian won cleverly by half a length, and his victory caused his further advancement in the Derby betting. During the race the rain fell with drenching effect. 'THE QUEEN'S PLATE of 100 guineas, for mares ; four-yr olds, Bst 91b ; five, 9st 81b ; six and aged, lOst. R.C. Mr. Roger's Pancake, by Vol-au-Vent, 4 yrs (S. Rogers) 1 Duke of Bedford's Hesse Homburg, 5 yrs....(Butler) 2 Mr. Rayner's Dame Tattle, 4 yrs (Hammond) 3 Mr. T. Parr's Selina, aged (Marlow) 4 Betting-6 to son Hesse Homburg, sto 2 agst Selina ' sto 1 agst Pan ca k e . W en eas il y b y f our lengths. MATCH : First half of Ab. M. 100 sovs, h ft. Duke of Bedford's Hesperus, by Bay Middleton, 4 yrs, Bst 71b (F. Butler) 1 Lord Glasgow's Senorita, 4 yrs, Bst (Flatinan) 2 Betting-5 to 2on Hesperus. Won cleverly by a length. HANDICAP SWEEPSTAKES of 10 sovs each, for three-yr olds and upwards. First half of Ab. M. 4 subs. Mr. Wigram's Child of the Mist, by St. Francis, 4 yrs, Bst 71b (Rogers) 1 Mr. Rayner's Tittle Tattle, 3 yrs, Est 71b (S St egg l es ) 2 Lord Clifden's W a rbl er , 3 yrs, Est 71b (Toovey) 3 Mr. Payne's Warwhoop, 3 yrs 7st 41b (Harding) 4 Betting-5 to 4on Child of the Mist, 3to 1 agst any other. The race was with the first two. Tittle Tattle led to half-way in the cords, where Child of th e Mi s t went up and beat her cleverly by two lengths. Some distance between each of the others. MATCH : sst 71b each. First half of Ab. M. 100, h ft. Mr. Mare's Little Kitty, by Touchstone, 2 yrs (S. Steggles) 1 Lord Glasgow fby Melbourne, out of Nondescript's dam, 2 yrs (Carroll) 2 Betting-6 to son Melbourne filly. Little Kitty made all the running, and' won easily by three-quarters of a length. MATCH : D.M. 150, h ft. Lord Glagow's Knight of the Garter, by Faugh-a- Ballagh, 5 yrs, Bst 101 b (Flatman) 1 Duke of Bedford's Nathan, 3 yrs, 9st 121 b (Charlton) 2 Betting-4 to lon Nathan. The non-favourite held the lead throughout, and won by a length and a half. The Two THOUSAND GUINEAS STAKES, a subscription of 100 sovs. each, h ft, for three-yr-olds ; colts Bst 71b, and fillies Bst 41b ; the owner of the second horse to receive back his stake. R.M. 36 subs. Mr. Bowes's West Australian, by Melbourne, Bst 71b (Butler) 1 Duke of Bedford's Sittingbourne, Bst 71b (Pettit) 2 Lord Glasgow's Barbatus, Bst 71b (Flatman) 3 Mr. J. M. Stanley's Orinoco, Bst 71b (J. Marson) 4 The following also ran :—Mr. E. R. Clark's Mr. Sykes, Bst 71b (Bartholomew) ; Lord Exeter's Filbert, Bst 71b (Marlow) ; Mr. Howard's Lascell es , B s t 71b (A. Day). Betting-6 to 4on West Australian, 7to 2 agst Ori noco, 7 to 1 agst Barbatus, 8 to 1 agst Filbert, 20 to 1 agst any other. They ran in a line to the bushes, Orinoco having a slight lead, which he held into the Abingdon Mile Bottom, whence the race was with the favourite and Sittingbourne, the former, however, won very cleverly by half a length ; the second beating the third three lengths, two lengths between the third and fourth. The race was run in a heavy shower of rain. • MATCH : A./ 1 . 200, h ft. Duke of Bedford's Dabchick, by Weatherbit, 3 yrs, Bst 41b Lord Glasgow's c by Assault, out of Miss Norton, 3 yrs, Bst 71b Even betting. Dabchick made play, was never headed, and won by three-quarters of a length. - MATCH • D.M. 100, h ft. Lord Glasgow's f by Don John, out orConspiracy, 3 yrs, Bst (Flatman) 1 Duke of Bedford's Feversham, 3 yrs, Bst 71b (F. Butler) 2 Betting-5 to 2on Feversham. Won by a length. HANDICAP SWEEPSTAKES of 10 sovs. each, for three-year olds and upwards. D.M. 3 subs. Mr. Wigram's Peacock, 4 yrs, 6st 71b...(S.Steggles) Walked over. Beauclerk, aged, Bst 7113 ; and Extacy, 3 yrs, 6st 71b, were drawn. SWEEPSTAKES of 10 sovs each ; for three-year-olds, 7st 21b ; four, Bst 71b ; five and upwards, 9st. The win her to be sold for 150 sovs if demanded, &c. T.Y.C. Four subs. Mr. Wigram's Child of the Mist, 4 yrs, Bst 71b (Bartholomew) olome w) 1 Captain D. Lane's Guy Mannering, 5 yrs, 9st (Plaiman) 2 Mr. Rogers's Leybourne, 5 yrs, 9st (S. Rogers) 3 Mr. J. M. Stanley's Massena, 3 yrs, 7st 21b (Charlton) 4 Betting-6 to 4 agst Child of the Mist, 2to 1 agst Leybourne, and sto 2 agst Guy Mannering. Won by a length. The winner was &aimed. SWEEPSTAKES of 300 sovs . each, 100 ft, for four-yr-olds; colts, Bst 71b ; and fillies, Bst 21b. B.C. 4 subs. Lord Exeter's Ilex received forfeit. CHESTER CUP AND DERBY.—Now publishing, price is., or by post is. 2d., "THE HORSE FOR THE COMING DERBY," by the WIZARD OF THE NORTH. The book mentions two horses in the Chester Cup, one of which stands a very good chance of winning. The book was issued some days ago as a guide to the Two Thousand and the Derby, and it will be seen that the author looked upon the former as a foregone conclusion in favour of Sittingbourne or the Australian, giving the latter the preference. At the same time he added that Barbatus also possessed a rosy chance—thus placing the first three. The book will prove equally as correct a guide to the Derby.- -G-. Vickers, publisher, Holywell-street, Strand; and sold by all newsmen, if previously ordered. SHIPPING INTELLIGENCE. CUSTOM-HOUSE, APRIL 26. ENTERED INWARDS. —The Princess Royal, from Ham burgh ; Brothers, Demerara • Adelia and Mari a , Se ville; Meridian, Colombo; Westminster, Belize • Nell, Calcutta, Madras, and Cape; J an ti na, R otterdam ; Speedy,' Guernsey ; Mary Ann, ditto ; Lively, ditto • Lelean, Mar seilles ; Hero, Garrucha, &c. ; Queen, Oporto ; Concord, Belize ; Soho, Havre ; Telegraph, Memel ; De Twee Brodre, Aalborg; Aurora, Lokken, ; Johanna Christina, Landscrona. ENTERED OUTWARDS FOR LOADING.—The City of Paris, for Boulogne ; Duchess of S u th er l an d, S y d ney ; Guilford, Zanzibar ; Hope, Quebec ; Mersey, Rio de Janeiro,- Meridian, Sydney ; M`Donnell, Adelaide ; Gypsy, Rouen ; Palm, Demarara. CLEARED OUTWARDS WITH CARGO.—The Numa, for Melbourne, &c. ; City of Boulogne, Boulogne ; Egbert, Cape of Good Hope ; Constantine, Alexandria ; Ada, Mogadore ; Helene, Bremen; Lady Elizabeth, Rotterdam ; George Hendrich, Rio Janeiro ; Tyne, Melb ourne ; Ell en, Leghorne ; Leo, Memel ; Warrior, Jamaica ; Menai, Calais ; Panther, Ostend ; Concordia, Rotterdam ; Tiger, Hamburgh ; Seine, Boulogne ; City of Rotterdam, Dun kirk; Gipsy, Rouen; Elbe, Hamburgh; Ceres, Rotterdam. LIVERPOOL, APRIL 26. Wind N.N.W., moderate breeze. High water 1 13. The England, arrived yesterday from New Orleans, en countered very bad weather during the passage on the 17th March ; the ship was found to be making 24 inches of water per hour, which has continued ever since. A derelict vessel, between 400 and 500 tons, with only foremast standing, was passed on the 19th April, in lat. 48, long. 18, by the Ann Rankin. VESSELS SPOKEN WITH. The Ferozepore, Bombay to Liverpool, January 2, lat. Manilla to London, February 8, lat. 35 S., 16 Th N e ., H lo a n na g. e 6 t 9 , D an long. 25 E. The Senator, Bombay to Liverpool, March 11, lat. 21 N., long. 25 W. - The Free Trader, Savannah to Liverpool, April 14, lat. 40 N., long. 23 W. The Margaret West, London to Batavia, January 6, lat. 26 S., long. 28 W. The Mary Glover, New Orleans to Liverpool, March 26, off Cape Commercial. The Superb, Liverpool to San Francisco, January 13, lat. 58 S., long. 68 W. The Jane, San Francisco to Melbourne, March 7, lat. 31, long. 139. The Symmet long. 22 W. ry, London to H o b ar t Town, March 14, THE SIIRUARINE TELEGRAPH TO HOLLAND.—The work of laying down the electric telegraph from Ipswich to Orfordness, to be connected with the submarine com munication thence to Holland, was commenced on Monday last, The brow of the first hill on the Wood bridge -road was selected as the starting point of opera tions. The iron pipes in which the cable will be en closed are laid at a depth of about two feet below the surface, and a stout wire is passed through, temporarily, for the purpose of drawing the cable itself through when the state of the works will admit of it. Between 40 and 50 men are engaged upon the work, and nearly a mile is already completed. The iron pipes, it appears, will not be used beyond the Duke of Yo r k public-house, at the foot of Albion-hill, Woodbridge-road, on account of the great expense, and earthenware pipes will be em ployed instead. It is stated that about four miles of this description of pipe will be delivered on Saturday next. Some deviation in the course through the town has been determined upon, as it has been intimated by the Eastern Union Company that no opposition will be offered to the junction being effected with their standards at the Audit-office in the marshes, instead of at Stoke. This will materially shorten the distance and diminish the outlay, as well as avoid the inconvenience to which the traffic to the town would be exposed by the breaking up of the streets leading to the station.—Suffolk Chronicle. IROM THE LONDON GAZETTE of YESTUP BANKRUPTCY ANNULLED. d r4- Matthew R ow l an d son and Lancelot Row lan doon P Whiteehapel-road. BARUPTS. John Castle, cattle dealer, NK Goosey, Berks, to Qoid .s w asot' May 6, at two, and June 10, at one, at the Court al ruptcy. Whitmore, official assignee Basinghall;:o Cragg and J e y es, Bedford-row, and Slade and Yeovil. Dl a 9 Thomas Freeman, brewer, Bromley, Kent, I'o' twelve, and June 8, at half-past two, at the Cuurv. o ° c id" ruptcy. Graham, official assignee ; Taylor, P n bury. Thomas-Blake B arrow Webb, dealer, Brighton, llatcls! at two, and J une 6 at One, at the Court of Bank rpP f o rti Groom, offi c i a l ass i gnee, Abchurch-lano ; Reed, 1,413 b and Marsden, Friday-street, Cheapside. Thomas Shannon, manufacturer Newton Heath , 11 ter cheater, M a y 13 and June 3, at twelve, at the 3411c c o per District C our t. L ee, official assignee, Manchester; and Sons, Manchester. William Ilorrlings, miller, Basing, Hants, May ue,, - ;111 and Jun e 4, a t one, at the Court of Bankruptcy. 1 . 0 110 5, official assignee, Guildhall-chambers ; Bridger an" too King William-street; and Prixhett and King, Basing DIVIDENDS D 2, NewECLARED. bi r i e a 44 Charles 011ivier, of 41 and Bond-stre et, seller, first dividend of 3s. Bd. in the pound, Par 2, Basinghall-streeb, on any Wednesday. thir ° Charles Bunyard, of Mark-lane, City, seed 1 ° ; '01 1 ' dividend of lid. in the pound, payable at 2, M s. "' street, on any Wednesday. r Thomas Welber Richard, of Goswell-road, draP e „so dividend o f 10d . i n the pound, payable at 76A, 339 1 7 b0rr street, on Thursday, April 28, and three following days. T h o oo William Cooke, of Albert-terrace, Bow, and St; ; 0 Mill, Str a tf or d , m ill er, first dividend of 6s. 8t,'%.51)!' pound, pay a bl e a t 76 A, Basinghall-street, on 9 -"'" April 28, and three following Thursdays. Thomas Burnip, of Newcastle-upon-Tyne, drars",'s the dividend of ld. i n th e pound (in addition to 5 11 . '''% l l o 6 pound previ ous l y d eclared), payable at the RoYal"" Newcastle-upon-Tyne, on Saturday, Ap r il 30, or ani sequent Saturd a y. o Henry Graves, late of Yarm, Yorkshire, inounl be pur High Worsall, an d rec t or o f Middleton, St. Ge°,l, l o o ham, a divide n d o f 2 s. 2d . i n t h e pound, p3P" County Court, Stockton. INSOLVENT PETITIONERS. Joseph Strafford, of Dukinfield, Cheshire, e' moulder—Patrick John Hynes, of Nottingham, 'CIO, Samuel Hp.rtley, of Bols over , D er b ys hi re , butellsrl - 01'; Haslett, of P e t wor th , S ussex, ' shoemake r—Samr:in cox, of Hasti ngs , j ourneymany saddle r —John E u '''" lop, of Hastings, journeyman plasterer. PARTNERSHIPS DISSOLVED. • a isto o6 Richard Hart an d Th omas Ki pping, of ArT'itoetir attorneys—Bernard Theod ore P oesc h mann and ,100' rick Stromeye r , o f Li verpoo l , commiss i on mere James Meeds a nd Ri c h ar d Norman, 0 ,.f t ooth Beeding, Sussex, b r i c kmakers Alexander T' D ,llo' David Jardine, J ose ph J ar di ne, Alexander Grau t A fief, Alexander Campbell Maclean, Robert Jardine, a n Wl': ander Perceval, of China, merchants (so far Clot Alexander Matheson)—Ali ce L owe an d D av id Clo t of Salford, Lancashire, patentees for improve/0 1j ; grates and grids—John B a pti s t Ph ys i ca an d boll Henry Wildman, of 70, Mark-lane, City, CustO r l agents—John Lon g (d ecease d) , Willi am L o ngs neo Long, Thomas Shaw, 'and John Tinsley, of OrtNeb ei. and Partington, Cheshire, tanners, and of 101 ter, curriers (so far a s r egar d s J o h n Long, 10, Shaw, and John Ti ns l ey ) - - J o h n Symne.toir Richard Frederick Gillett, of Bristol, cut nail Tt o tir . turers—Hugh Hornby, Jo se ph H orn b y, Hornl3s: if K t edge, Thomas Dy son H orn b y, an d Hugh Frederi c ' 0 1 , , by, of Bentham, York s hi re , li nen manu f ac t u rersk a p Liverpool, merchants (so far as regards Hornby edge)—Joseph Croysdale, John Croysdale, and 71 Croysdale, of Leeds, dyers — Thomas Kirk lail Ti er Charles llsopp Dalby, of Ashby-de-la-Zouc h ' nn cestershire, surgeons—George Woodhouse, .3 3e , ,, i s hir", Walker, and J o h n W a lk er , o f Rastrick, cl.regori; fancy wooll en manu f ac t urers ( so f ar as /00,, George Woodhouse)—W m . Ri c h ar d s an d Win.jsn ham, of Farndon, Nottinghamshire, millers —Ri cluni9 o i dale and Joseph Th om p son B rown, of Manches,ta r 44r,, ware dealers—Henry M oon an d Ja sper John L'afGri Loughborough, Leicestershire, machinists—Thom ,'' per 4 o f and Wm. Diam on d, o f T on b r id ge W e ll s, Kent, ""—nett,,, Jas. Bassnett, Alex. Cairns, and Thomas Ba s , s ':o o l Liverpool, opticians (so far as regards Alexander tiMe John Morgan, of Preston, and Ralph Lowe, of u 4 0 1 '; Lancashire, cotton-spinners —Joseph Tall. and . I° ' i o,' gay, of 65, Crawford-street, Bryanstone-square, tot; V ; —John Lockett and John Ambler, of Manche s'''' parley Bursley, and Hanley, tanners. SCOTCH SEQUESTRATIONS. 0 0 James Marshall, of Edinburgh, publisher, MaY,_.„. g b..J at two, at Dowell's and Lyon's sa l e - rooms, Edinu,lB James Johnston, of Glasgow, merc h an t , April May 19, at one, at the Globe Hotel, Glasgow. COUNTRY M4RICE2'2. ,ip. IPSWICH—Apm 26. , 11 6' r We continue to be very scantily supplied wit h - iy' °,,,t • fill 1 The trade for wheat was very firm, and pm" ,op i ,er ported and inclining upwards.; indeed an advan c- w est t week's prices was, in some instances, realised. Th e ne e 0 1 is so cold that maltsters incline to keep wetting; b e n . barley of malting quality was readily sold. ~o s is' l n ol PER QUARTER . • lig ' to '. 3 0 P i Wheat, red (old) 43s to 46a Barley, grinding ... 34 0 3%. oli Ditto (new) Ditto, whits (new) 48s to 548 Peas O O OO Ditto (old) Barley, malting ... 34s to 36s Flour, per sack ••• ...., • AYERAGER FOR THE W EER ;M IKE Aram 23, ' BDO Barle ld Wheat y ~ 33$ Od Oats I) Su Beaus Peas 1, To-day we had a small supply i Pli HULL—Arum 26. et fresh qualities is per qr. dearer, 47s to 49s being g c l. ore io; paid by millers and factors. More 'coking after b L ar i e l oi of farmers' wheat, i s ier g fresh and sweet bringing rather more money. °f ra ° 3 considerable arri va l h as taken place A , but importers - 0 9 i, disposed to give way much in price. Oats are duoldull , steady sale. A g oo d i nqu i ry for peas, and fine 104, fetch is more. The linseed market fully as dear, an O CO obtain some advance. Th e i mport of r a p es eed eenetice' dull market, but cakes are sc arce , an d fetch our quota as do also bones, which are arriving more freely. The following are the present prices of grain :-- 8 8 Wheat, English, red 46 to 49 Ditto white 47 to 50 Dantzic and Konigs berg Pomeranian and Ham 5 I'4o 3 16 Peas, gray and black dto Ditto Petersburgh ..• Linseed, Black Sea... 40 to r Ditto Riga and Arch' 4v „ to+ angel .... ..... i s Ditto Konigsberg ;nu 45 to 7 Memel , .............. 1 1P 01 Lins. 0., Hull 7l lo s to 701 Ditto Sue for. 71 7$ od 01 00 Ditto inf. for 6l 15s to 01 09 Rapeseed 261 1 00 t° ool ° ` l Rape cakes o g, to Tares, English.... . . f e ", to 0 4 Ditto foreign ... .Guan• 9l to 1 0 Bones 1020 ed 10 , 0 4 0 Rye Meal .............. .. . . burgh Danish, Holstein, and Friesland 42 to 441 Russian and Odessa 40 to 43 Oats, Engl;sh Ditto Danish Ditto Friesland Ditto Russian lB to 19 Barley, malting Ditto grinding 27 to 28 Beans Ditto foreign Peas, white and yel 36 to 39 CORK-APRIL 25. BAN. o n .reuSf; t , White wheat 00s Od to 00s Od Os Od . " 2e Redwheat 00s Od to OOs Od Od-' Q °. - 4 --- Ditto OOs Oct t o OO s Od} OOs v- Ditto OOs Od to OOs Od JJJ 59 Barley l2s 6d to 14s Od d- 16 Ditto OGs Oct to 008 Od 00s 0 Ditto OOs Od to OOs Oct) Bere 00s Od to OOs Od Os 0i 375 Oats 9s 9d to lls 6,1 ~" .-- JO Ditto OO s Oct t o 00 s 04 lOs tr.' -- Ditto OOs 0,1 to OOs Od fit',o' t c tri Pigs .. ... . ... . oos Oct t o 00s Oct 00s AA u‘..• no /P,„'or CORE.--Flour- First, 15s Od to 16s Od ; extr a !, .. tD l ',i; seconds, 13s ed to. Vs 6d ; households, las to 13s Oct o , s s o o ,., 7s Od to 10a per evi;;. Meal—lndian meal, 7$ 6d t r' .1 Od P e, oatmeal, 10s 6d tolls Od ; wheat meal, 10s to 11 8 - 4/ 0! . 4 Indian corn, 7i.. Os Oct to 8/ Os Oct per ton. Brae , , a ver") to 4/ 10s Od per ton. Hay—Farmers, 32s Oct to 42s Oa , - stsa, ti v to 365; dealers, 385 Od to :.030d ; average, Os per ton' oss 'lto Farmers, 20s Od to 25s Od ; average, 00s ; dealers, f, i, tp OOs Od ; average, Os. per tou. Bread—Wheaten I° „ 3 , t o t, Od ; household ditto, 6d to Oct per 41b.—Fresh bt''',: t i, To lid per lb. Eggs, Ss Oct to 4' 2d per hundred. 1 ": - , 6'' ci' 41d to 8d ; mutton, sld to 7d ; veal, 5d to 8d ; Iteif°;lo; 6d ; bacon, 7d to Sd ; sausages, 6d per lb.—Fish, N ° to ,l' i o, land, 11/. Os to 121 Os per ton ; Scotch herrings, vu ,:. Viol Red, do., 308 per brl.—Pot2toes, white, lOU to 12%10, / 124 to 15d.—Coals, Newport, 21s ; Lydney, 21s ; ";;110611 Od per tou.—Whiskey, 25 0.p., 6s 10d per iraPor i4l , o 4. 4 , Hides, market, 305 to 30s; Salted, 30s to 38s Pe r -ef t°' p a ( skins, 3id per lb.—Bangor slates 21. 17s. 6d to 3/. F o 45 1 . 0 ,, Fleece wool, 00s to OOs per stone.—Hemp, 381. „110 v i d , ton—Timber, Memel, 31. 15s ; red pine, 31. 15 5 ; .130; , 0 0 .- 31. ss. per to n ; d ea l s, 19/ . t o 20 1. per hundred- ...0"; 8/. to 101.105. per ton.—Tallow, 47s to 47s tid per Olt 0 71. lOs to 01. per c w t.-. Tar, Archangel, 194. per br ' Peruvian, 101. lOs to 111. per ton. [ADVERTISEMENT.]-11olloviay's Ointment and 1.1); excellent Remedies for the Cure of Bronchitis At, rated Sore Throats.—E x t rac t o f a l e tter fr o * James Downing, of Park-street, Exeter, datetia 30, 1853.—" To Professor Holloway.—Sir , I rc '',,re (P d k ment and pills have effected upon me a perfect c i ,' - ickrf dreadfully diseased throat, arising from cold, , v/ 2 10, 1 1 timately terminated in bronchitis. The medi c ; si 3 "e received was unable to - combat with the di se ll'srg was rapidly sinking under its influence. ft -t 11 ) 1 ' 1 0 4 I had recourse to your medicines, which in tio, - 1 relieved me, and I am happy to inform you, t" 9 ",,,-- 7 ; ;1 1 , than a fortnight I was entirely cured by tb ei t'stAb i.- by all druggists, and at Professor Holloway ' 0 ment, 244, Strand, London. BIRTHS. OF A SON. 131.54' D0° On the 25th inst., at 5, Upper George•stree t square, Mrs. Killingworth Hedges. 10 ° OF A DAUGHTER. °' On the 25th inst., a t Ch ure h mea d o w, SY 41 —e llll wife of George Grove, Esq. 311 ' MARRIED. 1 S' Nv " ' On the 23d inst., at Enfield Ch u rch, SaVU e ,,,b Esq., son o f Dr. lklillar, of Enfield, to l ;s:1-04.- second daught er o f W . Ki ng, E s q., of S u Hyde-park. DIED. jollu gri On the 25th inst.,at No. 9, Woburn-sclu3r-' Smith, Esq., aged 73. c a nto :l)l 7o 'f J 5 lB - ' , On the 24th inst , in Watling-street, Maria, d aug ht er of the late Rev. Dr. Gorrio:te sir Barnet, Herts, and grand-daughter of the Garrow. 0 1 / 1. 1 T raDO ,/ 0 0 1 LONDON : Printed and Published by Mmigoe,- - , l °, of No. 112, Strand, Printer, at The Sao, `" t hip 00 0- Strand, in the Precinct of the Savoys is .% MiddleNex i Wednesday, April 27, Xoe'h