The Sun. — London, England, 1853-04-07 00:00:00

THEATRE ROYAL, HAYMARKET, Under the Management of Mr. Baek.stone. THIS EVENING, APRIL 7, Will he performed ELOPEMENTS IN HIGH LIFE. By Mews B. Sullivan, Chippendale, Bowe, W. Farren, Buckstone, and Comp• ton ; NeMames FNzwiilam, Berle,les, L. S. Buckingham, &c. • After which MR. BUCKSTONE'S ASCENT OF MOU..NT PA/t , NASSITS. To conc!nde with DR. DILWORTH. ROYAL PRINCESS'S THEATRE, OXFORD-STREET. Under the Management of Mr. Charles Kean. THIS EVENING, Amu. 7, Will be performed THE CORSICAN BROTHERS. Principal character by Mr. C. Kean. After which will be rroduced a new Drama, adapted from the the French of Mons. Scribe, by Mr. Pa:grave Simpson, called MARCO SPADA. ROYAL LYCEUM THEATRE. Under the Management of Madame Vestris. THIS EVENING, Arm 7, Will be presented A STRANGE HISTORY. Character% by by M,►da►me Mestris, Mrs. F. Matthewo, Miss Julia St. George, Miss IL Oliver, Miss Rosina Wright, Miss stasoc, Mrs. horn, and Miss Wadham ; Mr. C. Mathews, Mr. F. Matthews, Mr. R. Roxby, Mr. Cooper, &.. Alt :r which, LITTLE TODDLEKINS. THEATRE ROYAL ADELPHL Pro,l - ietor, Mr. B. Webster. —Directress, Madame Celeste. THIS EVENING, Aram 7, Will I e presented WEBS I'ER AT HOME, AN ADELPIII FARE OF THREE RE M NI , NE AND A DESSERT. Characters by Messrs. B. Webster, L. urray - , Keeley, &c. ; bliss F. Maskell and Mrs. L. Murray, &c. After Which, A NOVEL EXPEDIENT. With TO PARENTi AND GUAIiDINNS. THE PRETTY GIRLi OF S'IILBERG. FEPINO THE DUMB BOY, AND PUG, HIS MONKEY. ROYAL OLYMPIC THEATRE. Lessee and Manager, Mr. Farren. THIS EVENING, APRIL 7, Will be presented SALVATORI ; or, the Bandit's Daughter. Characters by Messrs. 11. Marston, Robson , Diddear, Cooke, and Morgan; Mesdames Anderton and H. Gordon. _ After which, THE BEGGAR:3 OPER I. Supported by Messrs. Farrell, Rolfe, 6halders, and Cooke ; Mesdames A. Phillips, Bartlett, and Gordon. To conclude with THE LASS OF GOWRIE. ASTLEY'S ROYAL AMPHITHEATRE. Sole Lessee and Manager, Mr. W. Cooke. Triumphant success of the New Spectacle, which has been nightly received with the most enthuslast'e upprohatiow—'lhe novel and daring Fats of the Horses, and the territiC Leap of Amakosa's steed over the Falls of the Umtata have been hailed with thun ders of applause. THIS EVENING, Aram 7, And dufng the Week, the Performances will commence with the new grand epectacle entitled AMAKOSA; or, Scenes of Kafir Warfare ; with magnificent scenery, costumee, and appointments. To be followed by brilliant and elegant Achievements in the ARENA, suppo , ted by the most eminent Engl sh and Co ainental Artistes in Europe. To conclude with a Laughable FARCE. Box-office open daily from. Eleven to Four. Stage Manager, Mr. W. West. 11 IGLI WATER AT LONDON BRIDGE. Tuts DAT --Morning 30 min. after 1 I Evening 48 min.aft. 1 To- NI on i,ow-111 °ming 5 min. after 2 Evening 21 min.aft. 2 DAILY WEATHER TABLE. THITESDAT, APRIL 7, 1853. State of the wind and weather at each of the following places at nine o'clock yesterday morning. The stations are arranged in order of latitude. HASTINGS—S.W., gentle breeze—foggy. SOUTHAMPTON S.W., strong breeze—foggy. FoLKESTONE—S.W., fresh breeze—foggy. TUNBRIDGE—S.W., strong breeze—overcast. Gimurwlen—S.W., gentle breeze—partially cloudy. STROOD—W., gentle breeze—partially cloudy. SWINDON—W., gentle breeze—cloudy. LEIGHToN—W.S.W., strong breeze—overcast. YAumouTn—S.W., hard wind—overcast. The returns from the following places indicate the state of the weather on Tuesday morning at nine o'clock LIMERICK—W., gentle breeze—partially cloudy. MULLINGAR—E., gentle breeze—partially cloudy. SOUTHAMPTON—S.W., gentle breeze—rain. BASINGSTOKE—W., gentle breeze—overcast. LEIGHTON—S.W., calm—overcast. LANCASTER—W., calm—partially cloudy. DARLINGTON—S.W., gentle breeze—cloudless. SHAP—N.W., calm—partially cloudy. THE WEATHER.--SUN OFFICN, Arum 7. THERMOMETER, IN THE SHADE. 64—highest since noon yesterday. 47—lowest this morning and during the night. 59 this day at noon. BAROMETER, 29'84. WIND, W.S.W. to W.N.W.—Light breeze, and dull weather, with occasional sunshine. THE PUBLICATION OF 't THE SiU N" COMMENCES EVERY AFTERNOON AT THREE O'CLOCK, AND THE LATE OR THIRD EDITION, CONTAINING THE DEBATES IN PARLIAMENT THE SAME EVENING, With all other News arriving up to the hour of Post, AT SEVEN O'CLOCK. EXPRESS EDITIONS will be forwarded after the Post is closed by the Latest Trains. Tb g LONDON, THURSDAY, APRIL 7, 1853. The great object of a Chancellor of the Exche quer's ambition at all times has been to tamper with the public debt, to negotiate changes that will effect a present saving, it matters not at what future cost. With Sir CHARLES WOOD it amounted almost to a mania; for although he never was enabled to bring forward any distinct proposition, his anxiety on the subject was thoroughly known. The Fates, however, proved unpropitious, and he was deprived of office without accomplishing his wishes. Mr. GLADSTONE, it appears, is actuated by a similar spirit. He, too, aspires to the dis tinction of effecting new arrangements with the Fundholder. The nature of these arrangements, which, it is said, have been very favourably re ceived on the Stock Exchange, will be ascertained from the notice of motion which we give in extenso in another part of this day's impression. From this it will appear that the inten• ion is to convert the South Sea Stock and the Old and New South Sea Annuities of the 3/. per Cent. Annuities, created by the Acts of 12 GEo. 1., 1 and 24 GEo. 11., of the Consolidated and Reduced 3 per Cent. Annuities, to exchange into other forms— the proprietors being authorised to select any of three different modes of investment which they may prefer as substitutes for their present stock. The new or substituted stock which the Fund holder may obtain in place of receiving payment in money, will be-Ist, a New Stock of 3i per Cent. Annuities, not redeemable until the sth of January, 1894, or nearly forty-one years from the present time, of which 821. 10s. will be given for 1001. of the existing Stock —or, 2dly, 1101. if a New 2i per Cent. Stock, not redeemable until the sth of January—or, 3dly, an Exchequer Bond for 100/., bearing interest at the rate of 21. 15s. per cent., payable half-yearly, or some day to be named in such bond, not later than the Ist Sep tember, 1864, and thenceforth 21. 10s. per annum, not redeemable until Ist September, 1894. The fortunate Fun dholder may exchange his Stock for any of the above ; and inasmuch as the bargain will, as usual, be very much in favour of the creditor, and against the nation, its favourable reception on the Stock Exchange may be easily accounted for. There will, as usual, be a temporary saving achieved by imposing additional burdens on our children and grandchildren, with which they will be saddled for no less than 41 years, a period far beyond anything that the exigencies of the case can possibly require. It is, of course, exceedingly desirable to effect a reduction in the interest of the debt, which will not merely lighten the burden to the national Exchequer, but will also tend to render monetary accommodation cheaper and more easily attainable, and direct capital into industrial enterprises. But such advantages may be purchased at too high a price. We may pay far more than it is worth for such accommodation. The recent gold discoveries—the unlimited supply of the precious metals which may be an ticipate 4 from Australia and California—more especially when the 'different Gold Mining Com panie s„..QpnrOutpoperation—afford the stron g est pC,f11.4104.:. , it* money will, ere many years, b26otiftlttUo'... `-' l7 plentiful, and, therefore, ob r1)1 ' .if . '-' Itt , pa p , , ,:,..., . es than at present. The Indholdscrs hay 4en quaking under the idea that there 1110 rthf - , n immediat e reduction to iller cont.; a3di ,a, even that rate cou ld not be l a reliod on. fy,r more ti4n fifteen or twenty years. Mr -40 I :. i i oivE I vt :, however, infused new life into tki-4imnhlei ;. He has offered terms far beyond anything that even the most sanguine could have anticipated—that will enable the public creditors to repose on beds of roses for more than another generation. As it is well known that money can now be obtained for a limited time on Government securities at 1i to 2 per cent., we cannot speak highly of the prudence that contracts to pay nearly double the amount for forty-one years, thus sur rendering for so long a period the benefits that may, and in all probability will, arise from the anticipated monetary plethora. In the first branch of the alteration, the parties are to receive 821. 10s. of a New 3i per Cent. Stock, not redeemable until 1894. The dividend on this account will be 2/. ris. 91d. in place of 31. as at present. For the present saving of 2s. 2id. on every hundred, we bind ourselves to pay that rate until almost the close of the present century. There can be but little doubt that the Fundholders would rejoice to accept so great and so unexpected a boon, even if there were not greater benefits to be received from the second branch of the alterations. The 1101. New Two-and-a-Half per Cent. Stock offered will give a present interest of 21. 15s. in place of 31. The guarantee of payment for 41 years would, however, be accepted as more than a full equivalent for the present reduction ; but a bonus of 10/. on every 1001. is most gratuitously and unnecessarily given, which our descendants will have to pay, and the capital amount of the debt will be considerably augmented. .We had hoped that the system from which the country is now suffering so deeply, of creating a higher de nomination of stock, had been altogether exploded. Mr. GLADSTONE * however, it appears, is about to revive the objectionable principle, and that at a time when there was no cause for any urgency. The third branch of the proposition—the crea tion of Exchequerßonds, bearing interest at 2/.155. for 11 years, for we may assume that the Ist Sep tember, 1864, will be the time specified in each bond, and then until 1894 at 21. 10s., and then subject to redemption at par at the option of the holder, or of the Lords of the Treasury, is even more objectionable than either of the others, in asmuch as it will bind the nation not only to pay the stipulated interest for 41 years, but then to redeem the capital debt at par, a matter that may ereate a great difficulty to the then Financial Minister. The amount of this species of security is to be limited to 30,000,0001., inasmuch as it is supposed that they will be in great demand. We do not, however, think that such improvident arrangements will receive the Legislative sanction. They are not such as Mr. DISRAELI would have proposed, nor would they have been listened to with common courtesy. The moneyocracy have had their turn long enough. It is time that the tax-payers should look to their own interests, and not permit the greediness of the tax-eaters to be again satisfied at their expense. The views of Government on the subject of Education are now before the country; the details of their measure will probably furnish repeatedly topics for discussion, and we shall certainly defer consideration of them till another time, but the chief points demand immediate attention. After reviewing the progress of Educational efforts for the last half century, and showing that the results were so large that it would be most inexpedient to disturb them, and much more so to adopt a sys tem wholly new, Lord JOHN . RUSSELL made two propositions in aid of what is now doing. The first, to enable Corporations to levy, by a majority of two-thirds, a rate for Educational purposes ; the assistance to be given only to such schools as complied with the Government conditions, and to be granted in augmentation of the amount raised by the children's pence. His Lordship suggested, that for instance the rate might be applied to pay ing 2d. per head for the children, provided 4d. or sd. were raised from other sources. The second, to make a better use, for Educational purposes, of the very numerous endowments scattered all over the country, which are now in so many instances wholly or partially inefficient as free 'schools. As a pendant to these projects for the million, our great National Univer sities were admonished to set their house in order voluntarily, in accordance with the Report of the Commissions, or to expect, and very shortly, too, a decided intervention of the Government. May they profit by the warning 1 Th© Nation as well as the Government is quite determined that its Universities Filial]. be as national in fact as in name. We expect, however, that this will never be accom plished except by the nation taking the matter into its own hands. There will be surely but feeble opposition to his Lordship's first proposal. It is permissive merely. It is as free from centralisation as is possible consistently with some guarantee for the quality of the instruction. It might seem indeed that the Town Councils which vote the money should be made the judges also of the efficiency of the schools to which they vote it; merely securing the schools against their religious interference, and we think it not unlikely that in Committee the powers of the Corporation will be somewhat enlarged in this direction. Nothing, however, can be more un sectarian, and better adapted to its object, than the present Government machinery for ascertaining the deserts of the schools to which the grants are voted. It would seem as if the pure Voluntaries of Mr. BAINES' school were the only party which could oppose the levying of a rate by a Town Council. Their objection we perfectly compre hend. They reject all compulsory support for teaching religion ; they believe with the vast ma jority of Educationists that religion must be more or less included in the instruction of the young, and hence logically conclude that any educational rate is objectionable. Now, without discussing the merits of these arguments, it surely suffices for a statesman to reply as Lord JOHN RUSSELL die, that the party which employs them is in a very smal minority : that it is not one of those cases of conscience in which no majority whatever can be justified in demanding the peaceful acquies cence of the minority, that even the minority can in every town make its voice heard in the Town Council ; and that the proposition, therefore, of such a municipal rate in aid, is the one which bears least hardly of any upon those who are opposed to it. The secularists can have no rea son to complain. They will be quite free to try their plan, and receive the aid also ; and if they find the people generally preferring their schools, from which all religious instruction is excluded, it will then be for them to seek, by every fair means, the extension of their system. The Voluntaries, indeed, will be better off, if we understand the proposition aright, than they now are, since at present they cannot hinder any school from asking and receiving Government support ; but if they wish to do so they may, by defeating a rate in the Town Council, prevent any school in the borough from receiving Government support at all. We should not be surprised, however, to find schools in Leeds, Bradford,. Manchester, and other similar places, petitioning that, in case the Corporation will not levy a rate, they may continue to receive' their accustomed Governalent grants. Respecting rendering the endowed charities of the country more available to the general good, and redeeming them from the abuses which almost neutralise the intentions of the founders, there can be amongst disinterested parties but one opinion. Their aggregate income, at least that of 28,8541. on which the Commissions have reported, is 1,209,395/., of which 312,000/. is specifically appropriated to education by the trusts. A very large part of the remainder is wasted in the most trivial and useless manner, "such as giving six loaves at Christmas, and things of that kind ;" boons rather to the idle and dissolute, than really charitable benefactions. In cases of abuse of trust also the expenses of suits at present would frequently swallow up the charity itself ; and it is a fact disgraceful to us as a nation that, for ten years at least, efforts have been made to remedy all this, but hitherto in vain. It is now proposed to constitute a permanent judicial au thority to declare whether these trusts have been abused ; and that the Committee of Privy Council should have power, with the consent of the trustees, to vary the application of trusts; and, when the trustees qousent . to whA is reasonable, to present suitable bills to Parlia ment to effect the same object. Suits respecting all charities below 301. are to be brought before the County Courts—a truly needful provision, when it is known that there are 17,972 charities under 101. a-year, 13,331 of them under 51. a-year ! Those abovo 301. per annum are to be brought before the Master of the Rolls. We most earnestly hope that no patrons • of vested abuses in either House will hinder the utmost being done to apply the sums thus fruitlessly dissi pated to some more worthy use. A more worthy or 'rational one than that of Education is not to be easily imagined. _ _ Such are the chief features of the Government plan. It would be easy enough to find fault with it. Secularists and Voluntaries, Churchmen and Dissenters, might all like some things different, and each party can carp as they will. Others, again, will complain, it may be, because we have not some great and bold plan swallowing up all the rest. We must confess, however, that as much as could be carried is now proposed, and it were useless proposing more than that, to drive the whole question out of Parliament for years to come. Indeed, it remains to be seen whether what is now proposed will be easily carried into effect. Crabbed trustees, with a Bishop or two at their head, will not be unlikely to make a deal of noise in behalf of some mischievous misused cha rities ; and the Voluntaries will not be silent about compulsory rates for teaching religion. The Government has certainly exercised a sound discretion in attempting no more. It is quite sufficient to impress every one with the necessity of moving cautiously, of neither changing one system hastily, nor of relaxing voluntary effort by superfluous aid, to recollect the magnitude of what is now doing in Education. The number of scholars in the books in public day schools alone in 1851, was 1,407,569; and the number of schools 15,473, The amount provided for their maintenance was 1,100,000/., and of this nearly 500,0001. was raised by the children's pence. The number of private schools at the same date was 29,425, and the number of scholars 700,904. We shall return ere long to the subject, only remarking, that the greatest difficulty of all is yet left untouched—the education of children whose parents will not send them to a school at all. With exquisite delicacy and refinement the Edinburgh for the current quarter " falls foul" of two of the most notable men of our generation. The manner in which this is done we conceive to be so remarkable as to be entitled to particular observation, and to no fleeting remembrance. It cannot be said, we fear, that by the course pur sued in these instances by our contemporary, the position of the reviewers has been very appreci ably elevated, or that the journal itself has very considerably enhanced its reputation. There is a certain line of demarcation, we believe, between the vigour of the boldest criticism and the imper tinence of the shallowest personality. It were well if that boundary were never passed over— well, we mean, for the honour and respectability of literature. Political partisanship, however, is one of the most terrible goads to the perpetration of this species of ostentatious virulence and erudite indecorum. Takethe two articles here referred to by way of illustration. Nothing could by possibility, we venture to assert with the most positive distinct ness—nothing could by possibility be more vile in taste (rather, perhaps, in want of taste) or more paltry in spirit (rather should we say in spleen) than the style adopted in both of these cross grained and intemperate compositions. They are evidently intended by the Edinburgh as critical grenades destined to destroy the influence of two persons of no feeble or restricted popularity. Whether these amiable projects will eventually be realised may be conjectured at a glance with tolerable accuracy. It would require, we fancy, rather more detonative Capacity than that dis played by the spiteful -antagonism of our blue and-buff contemporary to ruin the intellectual authority exercised at least upon the pre sent age by ARCHIBALD ALISON, the laborious and gifted historian of Europe, and by BENJAMIN DISRAELI, the brilliant and versatile ex-Chancellor of the Exchequer. Common sense, we take it, is quite enough to assure any rational observer that nothing can pos sibly result from all this contemptible petulance and ill-conditioned flippancy but the degradation of the high character hitherto sustained by the Edinburgh. Judging of these two deplorable arti cles with regard to mere consideration of style, they might, for all we could reasonably suppose to the contrary, have been written by Dr. SLOP, at the dictation, say, of the ghost of MARTINUS SCRIBLERUS. What dignity of tone, for example, there is in that stately allusion to the annalist-- " He seems resolved to hold the place in literature which Colonel SIBTHOUP has so long and chival rously filled in political life !" What gentlemanly feeling there is in that graceful reference to the administrator—" Dr. JoHNsoN has remarked that there are persons' so besotted with the love of notoriety that they will roll in the gutter rather than not be looked at or talked about. Mr DISRAELI is, or was, a striking specimen of this class : the quod monstrer digito prcetereuntiwm was his master passion ; and, when he had no other means of gratifying it, he would stoop to make people stare by the extra vagance of his dress and demeanour, or by the calculated display of a half-genuine and half simulated self-conceit." Dress has here, it will be perceived, so very much to do with a man's administrative capacities or political principles. The colour of a waistcoat is so intimately allied with skill in Statesmanship or ability in literature. Why, as far as that goes, it mat ters about the value of a straw whether Mr. DISRAELI wore velvet trousers during the time when he was sowing his " wild oats," or whether he delighted overmuch in the ripening colour of his meerschaum. Every schoolboy has heard of the unlucky little whelp belonging to ALCIBIADES—even those who have never parsed half a dozen sentences of PLUTARCH. And when the reviewer in his comprehensive animosity dreams of assailing the mental powers of the ob ject of his ridicule by sneering at the peculiari ties of his costume, he in reality opens up a side path to the admirers of that very personage for the institution of certain exalting or dignifying comparisons. It would seem, in deed, that the writer in the Whig Quarterly had never borne in mind the account of CZESAR in his youth, while addressing the Senate, toying with his ringlets like the veriest fop of an empty headed patrician. It will be insinuated next, in spite of every more serious argument, that the present imperial ruler of France cannot in any way be presumed capable of conducting the affairs of a great nation, because some years ago he smoked cheroots while sauntering over the pave ments of Bath, or encased his limbs in the master pieces of " HOBY " and " STULTZ," for the occa sional gratification of those who lounged about the shady side of the Quadrant. 0 the profundity of these critical deductions Granted that Mr. DISRAELI was iu error—ac cording to our judgment, according to our convic tion, according to our conscience—in advocating so long and pertinaciously the now abandoned principles of Protection. Granted that Sir ARCHI BALD ALISON is, to our thinking, very grievously mistaken in still clinging to the last, blindly and pertinaciously, to those same habits of thought which have happily some time since fallen into desuetude. Nevertheless, while we coincide in these and other kindred opinions to the full with the Edinburgh Reviewer, we cannot but conceive that it derogates miserably from the excellence of our position to comment upon the course pursued by two of the most eminent of our political adver saries in language of the vilest slip-slop, rising at times almost to the rant of rhetorical Billings gate. Is it not slip-slop—the veriest, vilest slip slop—to talk of the History of Europe (p. 269) as " a cold rechauffee and tedious iteration of theories a hundred times refuted," and to speak of its sequel (p. 301) as " a perfect museum of obsolete opinions—an old curiosity shop ' —a very Refuge for the Destitute and Abandoned ?' Is it not slip-slop, the veriest and the vilest slip-slop, to say of the ex- Chancellor of the Exchequer (p. 421), -" his por- THE SUN, LONDON, THURSDAY EVENING, APRIL 7, 1853. trait was taken by one, fashionable artist, his bust was taken in marble, cere perennius, by another. . His career has been altogether an exceptional one ; none but himself can be his parallel," to say, in reference to the charge of political inconsistency, as if it could not just as well (not to say better) be observed in English, " Les extremes se touchent" (p. 430), to observe in another part (p. 433), "a, blot is not a blot till it is hit" (till it is hit !) or, in another, to remark very elegantly (p. 435) that " the ex- Premier acted on the drunkard's maxim of a hair of the dog that bit you !' " If these be not slip-slop, what is ? But as a conclusive testimony of the pervading unfairness of this attack iu the Edinburgh, take the following really 'remarkable paragraph : "In 1837, Mr. DISRAELI obtained the long-coveted object of his ambition.. He was elected member for Maidstone. The effect of his maiden speech. in the House of Commons is well known. It was cut short [what a phrase !] by an irrepressible burst of laughter, and he concluded with the memorable words : have begun several times many things, and I have often suc ceeded at last. I shall sit clown now, but the time will come when you will hear me.' When WooDFALL told SHERIDAN after hearing his maiden effort that public speaking was not his line. [here's another phrase, that might have thrown CHESTERFIELD into hysterics !], the future rival of PITT and Fox replied, after leaning his. head upon his hand for a few moments,—' I have it in me, and by G— it shall come out.' This was the in stinctive consciousness of latent power, N ELSON'S, when, dfinsdpi anand in the same category of sayings may be ra nge d name eaxvcel a o ia i m n e i tdt,vd Ninevetrhemidnids,pastocmhees time[qu orcere other Gazette to my se lf.' B ut M r. DISRAELI'S threat, vow, or pro m i se was s i mply one of his characteristic ebullitions le assurance." etge l hehis will s.h e Why ? The reasoning of this, we take it, is rather obscure. Why SHERIDAN'S remark should have arisen from "the instinctive consciousness of latent power," and why NELSON'S should be ranged "in the same category," and Mr. DIsEAELes be pooh-poohed as " simply one of his characteristic ebullitions of assurance" is not rendered quite as clearly apparent as would be desirable under the circumstances. Are we to take the bare assertion upon the ipse dixit of the Reviewer Before we can consent to that, we must see his judgment a little less warped by prejudice, a little less jaun diced by jealousy, and. a little less fired by the heat of what one might almost suspect to be a personal, and certainly a most bitter animosity. SHWDAN was prophetic when he said—" I have it in me, and by G— it shall come out." It did Dome out. NELSON Was right when he said, " I will have a Gazette io myself " for he had afterwards. Mr. DISRAELI, again, was not very far, we believe, from .being correct in his pre diction when he told the House of Commons, in 1837—" The time will come when you will hear me." We rather fancy that time did come at last, and that the . House of Commons, just once or twice perhaps, has heard him. Yet forth comes this blundering Edinburgh Reviewer, main taining that the two former exclamations were indicative of the " instinctive consciousness of power," whereas the last was, on the contrary, only a simple "ebullition of assurance." Why this is the mere absurdity or fatuity of spitefulness. Everything considered, as Free-traders, as Liberals, or as admirers of impartial criticism, we cannot but lament the indecorous, and even at moments vulgar, passion displayed in the pre sent instance by our usually sedate and dignified contemporary. COURT CIRCULAR. Her Mejesty and Prince Albert, accompanied by the Princess Royal and the Princess Alice, took a drive in an open landau and four yesterday afternoon. The Equerries in Waiting, Major-General Buckley and Lieut.- Colonel F. H. Seymour, attended on horseback. Prince Albert rode out on horseback yesterday morn. ing, attended by Lieut.-Colon'el F. H. Seymour. The royal dinner-party at Buckingham Palace last evening included the Duchess of Kent, the Princess Adelaide of Hohenlohe, the Marquis and Marchioness of Breadalbane, Lord John Russell, Lady Anna Maria Dawson, Baroness de Speth, Major-General Sir George Bowles and Colonel Wylde. The Queen's private band attended in Buckingham Palace after dinner on Tuesday evening and performed the following compositions : Overture, "Le Cheval d e B ronze " A u b er. Duo brillante, two harps, "Les Hugue nots," Messrs. Wright and Oberthur Meyerbeer. Selection, "Faust" Spohr. Fantasia, three harps, Mesirs. Oberthur, Wright, & Trust. The Duke and Duchess de Nemours visited the Duchess of Kent yesterday at her residence, Clarence house, St. James's. The Earl of Roseberry had an interview with the Earl of Aberdeen yesterday at his official residence in Down ing-street. Dispatches were sent yesterday from the Colonial office to the Governors of Australia and to the Governor of Gibraltar. The Queen has been pleased to confer the honour of a Baronetcy upon Dr. Henry Holland, one of her Majesty's Physicians Extraordinary. In consequence of the death of Lord Skelmersdale, the meeting of Conservative members of Parliament which was to have taken place at Lord Derby's on Monday next, has been postponed until the. ensuing Saturday. The Earl of Winchilsea's motion, in reference to Maynooth, has been postponed from th e 14th to the 18th inst. POLITICAL REUNION. Mrs. W. E. Gladstone held her first reception last even ing at the official residence of the Chancellor of the Ex chequer in Downing-street. The following members of the corps diptomatique were present :—The Austrian Minister and the Countess Col leredo, the Belgian Minister and Madame Van de Weyer, the Prussian Minister and Madame and Mademoiselle Bun sen, the Peruvian Minister, the Hanoverian Minister, the Bavarian Minister, the Greek Minister, and Madame Tri. coupi, the Sardinian Minister and the Marquis Massimo d'Azeglio, the Swedish Minister, the Turkish Minister, and Madame Musurus, the Brazilian Minister and Made moiselle Macedo, the Minister for the Netherlands, the Danish Minister and Madame de Bille, the Spanish Minister, Count Flemming, Colonel T. B. Lawrence, Count Louis Corte, the Marquis irOldfini, Count Castigliane, Baron de Geer, M. Maurice Delfosse, M. and Madame Figaniero, M. and Madame Comyn, 'Count Alfred Reventla.w, &c. The general circle comprised, among others—The Countess of Ellesmere and the Ladies. Egerton, Earl Jermyn,. the Earl and Countess of Airlie, the Earl and Countess of De von, the Countess of Clarendon, the Earl of Lincoln, Vis count and Viscountess Canning and the Ladies Emily and Margaret de Burgh, Viscount Emlyn, M.P., Viscountess Stratford de Redcliffe and the Hon. Miss Canning, Lord and Lady Lyttloton and the Hoxi. Miss Seymour, Lord and Lady Monteagle, Lord and Lady De Tabley, Lady Stanley of Al derley and the Hon. Miss Stanley, Lord Harry Vane, M.P., Lady Itendelsham and the Hon. Miss Thellusson, Lord and Lady Alfred Hervey, Lord and Lady Lovaine, Lady Mary Wood, Lord Robert Clinton, M.P., Lord Sey mour, M.P., Lord Elphinstone, Lady Graham and Miss Graham, Lady Weir Hogg and the Misses Weir Hogg, Ad miral the Hon. W. Gordon, M.P., Col. the Hon. C. Grey and Mrs. Grey, Captain the Hon. C. Hardinge, M.P., the Hon. Mrs. J. Stuart Wortley and the Hon. Mrs. Law less, the Hon. Mr. and Mrs. S. Lyttelton, the Hon. Mr. and Mrs. F. Neville, the Hon. Mr. and Mrs. Bon verie, the Hon. Mr. Egerton, the ,Hon. G. S. Smythe, the Hon. G. Byng, M.P., the Hon. P. W. Talbot, the Right Hon. E. Strutt, M.P., and Mrs. Strutt, the Right Hon. H. Tufnell, M.P., and Lady Anne Tufnell and Lady Louisa Primrose, the Right Hon. W. G. llayter, M.P., and Mrs. Hayter, the Right Hon. C. Villiers, M.P., the Right Hon. E. Cardwell, M.P., and Mrs. Cardwell, the Right Hon. T. Milner Gibson, M.P., and Mrs. Milner Gibson, Mr. Fellowes, M.P., and the Hon, Mrs. F e ll owes , M r . Lewis and Lady Theresa Lewis, Colonel Lockyer Freestun, M.P., and Mrs. Lockyer Freestun, Colonel Malcolm and Mrs. Malcolm and the Misses Johnstone, Captain Clifford, Captain Inglefield, Sir Robert Peel, M.P., Sir Robert In glis, M.P., Sir Stafford and Lady Northcote, Sir John Shelley, M.P., Sir John and Lady Harrington Sir William and Lady Clay, Sir Frederick Smith, Sir Valter James, M.P., Sir John Hanmer, M.P., Mr. Christy, M.P., an d Mrs. Christy, M r . H o dgson, M.P., Mr. H. Drummond, M.P., Mr. Seymour, M.P., and Mrs. Seymour, Mr. John stone, M.P., Mr. Heywood, M.P., Mr. Grenfell, M.P., and Mrs. Grenfell, Mr. F. Peel, M.P., Mr. Stafford, M.P., Mr. Hume, M.P., and Miss Mary Hume, Mr. Lowe, M.P., and Mrs: Lowe, Mr. 11. A. Herbert, M.P., and Mrs. Herbert, Mr. Bowyer, M.P., M r . Fitzgerald, M.P., Mr. Rich, M.P., and Mrs. Rich, Mr. Wilson Patton, M.P., Mr. Townley, M.P., Mr. Raikes Currie, M.P., Mrs. Raikes Currie, and Miss Raikes Currie, Mr. Phillimore, M.P.,- and Mrs. Phillimore, M r . W a lt er , M.P., and Mrs. Walter, Mr. Adderley, M.P., an d M rs . Adderley, and th e H on . iss Leigh, Dr. Locock and Mrs. Locock, Mr. Forbes, Mr. G. Smith, Mrs. Henry BAring and Miss Baring, Mr. and Mrs. Stephens, Miss Gladstone, Mr. Drummond, Mr. Rickards, Mr. Heneage, Mr. Alexan der Wood, Mr. Trescotti, Mr. W. Vernon, Mr. and Mrs. Brown, Mr. and Mrs. "Arum°, Mr. Severn, Mr. Cliff o rd, Mr. Arthur Russell, 24x. Bankes and Miss Bankes, Mr. Swinton, Mr. and Mrs. Cox, Mr. Vyner, Mr. H. Roberts, the Misses Clifford, &c. SILVER.—The dolls rs and bar silver brought by the last West India pack( it were sold yesterday at the former rates—namely, aid.. for the dollars, and 610. for the bar silver. OXFORD AND CA'XBRIDGE UNIVERSITIES.—It appears, from a return to Parliament, just issued, that the ex pense of the Oxford Commission defrayed last year was 1,2201. 45., and of that relating to Cambridge, 4001. THE COAST DiffENCES.—Aloard of Ordnance, com prising Lord I aglan, the Master-General, Sir John Burgoyne, Ina pector-General of Fortifications, &c., visited Portsvr,outh and Gosport yesterday, and made an inspection of the batteries and outworks connected with the port of Portsmouth. , Klein WAR, CAPE OP Goon HOPE.—The estimate of the furaker sum required to be voted towards defray ing the ex?enses of the Kafir] war, beyond the ordinary grants fo army, navy, ordnance, and commissariat ser vices, to t'e 81st March 1851 7 is 200,000/. BIRTH OF A PRINCE. BUCKINGHAM PALACE, APRIL 7. At a quarter past one o'clock this day the Queen was safely delivered of a Prince. There were present on the occasion in her Majesty's room his Royal Highness Prince Albert, Dr. Locock, and Mrs. Lilley, the monthly nurse. In the adjoining apartments, besides the other medical attendants (Sir James Clark and Dr. Fer guson), were her Royal Highness the Duchess of Kent, the Lady in Waiting•on the Queen, and the following Officers of State and Lords of the Privy Council, viz. :—The Earl of Aberdeen, Earl Gran ville, the Duke of Norfolk, the Duke of Welling ton, the Duke of Newcastle, the Marquis of Lans downe, the Marquis of Breadalbane, the Duke of Argyll, Viscount Palmerston, and the Lord Chan cellor. MONEY AND co Ar RCIAL NE147,5. CITY, TWO O'CLOCK. The sales of cotton at Liverpool yesterday were estimated at 8,000 bales, of which 2,000 American were taken for export and on specula tion, with a firm and steady market. The sales comprised 7,000 American, 240 Pernam and Maranham, at 6d. to 7d. ; 80 Bahia, at 6d. ; 200 Egyptian, at 60. to ls. ld. ; 200 Surat, at 3d. to 4d. ; and 100 South Sea Islands, at Is. 9d. to 2s. 2d. per lb. Railway shares were very dull. The six weeks' average price of wheat is 455. 2d. per quarter. - It is reported that a treaty has been concluded between England and Egypt for facilitating the transit of goods en route to India, and otherwise of a very favourable character. Further information, of a character which may be considered official, has been received concerning the intentions of the Chancellor of the Exchequer, and the matter as it now stands assumes rather a different complexion. The saving to the country would appear, upon analysis, to be about f per cent., and this is, no doubt, quite as much as Mr. Gladstone could venture upon at once. The amount involved is so very moderate, 30,0001., that it may be considered as being merely the preliminary to a future and larger ope ration. Most parties consider that, properly brought forward, there can be no doubt of the success of the scheme, and it Is seldom that we have seen anything of the kind more popular, consider ing that various questions are affected in an injuri ous manner, and consequently that there would very naturally be some opposition. With regard to the stock held by trustees and corporations, there may be no voluntary contribution, because it re mains invested for a very long period ; but bankers and others who might calculate upon having their money idle for a month or two will probably re ceive the new debentures with alacrity. The English Funds have been particularly buoy ant, and an extensive business has been transacted. The Ministerial project is exercising thus far an important influence. Consols have been 1001 to for Transfer, and 100 to nu for Account. The New Three-and-a-Quarter per Cents, have been 103 to and the Three per Cents 99i to 100*. Exchequer Bills of March are 6s. to 10s., and India Bonds 435. to 48s. premium. India Stock is firm at 262. The bears being out so largely is perhaps a main cause of the immediate rally. Foreign Stocks have been rather largely dealt in. The news just received from Turkey is very favourable, the Russian Minister having had a more favourable understanding with the Porte, and the army of the Czar being ordered to retrograde. The firman relative to the establishment of the new bank had been published, and already a Turk ish functionary had left Constantinople for Paris with a mission relative to the indemnity on the loan. There have been no bargains in the scrip this morning. Greek Bonds are still in demand, and have been done at 94 and 9i ; the Deferred Stock is 111 Equa dor is worth 6. Brazilian 41 per Cents. have been quoted 981 to 99. Mexican Bonds are the same as yesterday, being 27f Peruvian Scrip has risen to 41 pm. Spanish Certificates are steady, at 8 per Cent. ; and the New Deferred Bonds realise 241 and 25. Dutch 4 per Cents. bring 97/ to The last week's railway receipts ascertained up to this day, are in round figures as under : 1853. 1852. Great Western £19,087 £16,784 North Western 48,694 43,246 South Western 10,940 9,680 Brighton 10,382 9,755 Midland South Eastern ' Caledonian Great Northern Lancashire and Yorkshire York and North Midland Newcastle and Berwick 15,077 14,226 A large business has been done in Railway Shares, and they are all decidedly higher. Caledonian have advanced 1/., Great Westeml /. to 21., North-Western 11. 10s., to 2/., South-Western 1/., Midland 1/. to 21., North British 1/., and Oxford, and Wolver hampton 21. South-Eastern are up 21., York and North Midland 2/. to 31. All the others are pro. portionally higher. French Shares are all better, the advance in Lyons being I to -I, and in Stras bourg 1, Gold Mine Shares are rather duller, but gene rally firm. The Land Companies have been at rather fuller rates, and British American especially are in de mand, at a rise of 1/. to 2/. In the shares of the Australian Banks there is very little doing, and the Chartered Bank of India, Australia, and China, have rallied to 11 premium, in consequence of the statement that they did not receive the letter sent to some of the other banks, referring them to the colony for a charter ; conse quently it is presumed that they will obtain one from the Home Government. BRITISH FUNDS THIS DAY. (ITrem, the O f ficial List.) Business done. 3 per Cent. Reduced Annuities... ...... lOO 4 991 3 per Cent. Consols Annuities 3 per Cent. Consols Annuities, 1726 New 34 per Cent. Annuities Long Annuities, Expire sth Jan., 1860 6 India Stock India Bonds, £lOOO — Ditto, under £lOOO 43 8 Consols for Account Exchequer Bills, Ikd. June. March. £l000 £5OO 6 10 6 10 Small . 6lO 610 PRICE OF FOREIGN FUNDS THIS DAY. Brazilian Bonds, 5 per Cent. x d Ditto New, 1852, 4i per Cent 9 Bi 9 Danish Bonds, 5 per Cent. Equador Bonds 6 Grenada Bonds, Deferred, Greek ex over-due Coupons Mexican 3 per Cent 27i Ditto Account April 15, 274 84 74 Peruvian Bonds, 1849, 44 p er C en t. Peruvian Scrip , Ditto Deferred, 3 per Cent Russian Bonds, 5 per Cent. Sardinian Bonds, 5 per Cent. 97a Spanish Bonds, 3 per Cent ....... . .. . ... 4Bg Spanish New Deferred, 3 per Cent 24i 5 Spanish Committee Cert. of Coup. not fun 82 i : 1 p c Swedish Loan l4 d Venezuela Bonds 3 per Ceut. Dutch Exchange 2i per Ceut 66 a Ditto 4 per Cent. Certificates... THREE O'CLOCK. Consols 3ooi Ditto April Accou n t THE MADIAIS.—The King of Prussia has offered the Madiais an asylum in his country, but it is thought that they will prefer proceeding to England. BANK OF ENGLAND.—A court of proprietors of the Bank of England was held yesterday, at the Bank, for the election of 24 directors for the ensuing year, when the following gentlemen (forming the house list) were duly elected :—Henry Hulse Barens, A. E. Campbell, E. E. Chapman, Robert Wigram Crawford, William Cotton, Bonamy Dobree, Benjamin Buck Greene, Charles Pascoe Grenfell, Henry Hucks Gibbs (new director), Thomson Mulkey, jun., John Oliver Hanson, J. B. Heath, Kirkman D. Hodgson, Henry L. Holland, Thomas Newman Hunt, A. Latham, James Malcolmson, James Morris, Sheffield Neave, G. Warde Norman, John Horsley Palmer, Henry 3'. P. Prescott, Alderman William Thompson, and Thomas Tooke, jun., E sqs . DIVIDEND DAY AT THE BANK OF ENGLAND AND SOUTH SEA HOUSE.—Notice was issued yesterday at the above monetary establishments, that the April dividends will be in course of payment to the public on and after to morrow morning, the Bth inst. ; and that the transfer books at the Bank of England, &c., f or th e following ann uities, duo the sth inst., will be o p ene d on theun dermentioned dates, viz.:—Bank Stock, Reduced Three per Cent. Annuities, Long Annuiti es , and Annuities for Terms of Years, on Friday, the 15th inst. ; and Three iso and-a-Quarter per Cent. An nu iti es, on Tuesday,the 19th inst. At South-Sea Hou se th e transfer hooks n South- Sea Stock will be the h 5 opened en Friday,h inst. FOREIGN RATES OF EXCHANGE. The Bourse at Paris is dull without any assigned cause beyond tion of a great nu m b er o f new schemes tieing the anticipad upon the market. G o ld continues to g introduced Lon don, but in very sma ll quantities, ar . nve . from as its importation scarcely leaves the slightest profit. The St. Petersburgh advices mention th a t the rags more favourabl e f or this ccn of exchangetat werei on again nt ry,. the q bein 381 d. The opening ofthe navigation was expected to be late, owing to a continuance of cold weather. THE NATIONAL DEBT REDEMPTION A CTS. The following are the resolutions to be proposed by the Chancellor of the Exchequer in Committee, on Acts relating to the National Debt, to-morrow evening : " 1. That the capital trading stock of the Corporation of the Governor and Company of Merchant of Great Britain, trading to the South Seas and other parts of America, and for encouraging the fishery, which is called and known by the name of South Sea Stock : the capital stocks of the 31. per Centum Annuities, called and known by the name of the Old South Sea Annuities and by the name of the New South pea Annuities : the capital stock of the 3/. per Centum Annuities, created by an act passed in the twelfth year of King George the First, intituled, "An Act for granting to His Majesty the sum of 1,000,0001., to be raised by way of lottery," called and known by the name of the Bank Annuities 1726: and the capital stock of the 3/. per Centum Annuities, created by an act passed in the twenty-fourth year of King George the Second, intituled "An Act for granting to his Majesty the sum of 2,100,0001., to be raised by annuities and a lot tery, and charged on the Sinking Fund, red eema bl e by Parliament," caled and known by the name of the 3/. per Centum Annuities 1751, sli%ll be paid off and redeemed. " 2. That every person, body politic and corporate, who now is, or hereafter may be, interested in the capital stocks of any of the said 3/. per Centum Annuities, who shall, in manner her e in a ft er di rec t e d, g i ve no ti ce at any time on or before Friday, the 6th day of May, 1853, of his assent to receive other government securities in lieu and in place of the said capital stocks of the said annuities, in stead of being paid in money, shall, at the option of the said parties, receive for every 1001. thereof, 821. 10s. in a a New Stock of Three-and-a-Half per Centum An nuities, which said an nu iti es shall be paid at the rate oF3/. 10s. per centum per annum until the sth clay of January, 1891, from and after which clay the said annui ties shall be subject to redemption by Parliament ; or for every 1001. of the said capital stocks of annuities the sum of 110/. in a New Stock of Two-and-a-Half per Centum Annuities, which said annuities shall be paid at the rate of 21. 10s. per centum per annum until the sth day of January, 1894, from and after which day ' the said annuities shall be subject to redemption by Par liament ; or for every sum of 1001. of the capital Stocks of the said 31. per Centum Annuities, an Exchequer Bond for the like amount, payable to the bearer, and carrying interest at the rate of 2/. 15s. per centum per annum, payable half-yearly on the Ist day of March and the Ist day of September in every year, until the Ist clay of September in a year to be named in such bond, and not later than Ist September, 1861, inclusive, and thenceforth 2/. 10s. per centum per annum, payable half-yearly in like manner, until and including the lst of September, 1894, and thereafter to be subject to redemption at par, at the option of the holder, or at the option of the Commissioners of her Majesty's Treasury, as shall be named in such bond. "3. That the dividends and interest payable on such New 31,105. per Centum Annuities, on such New 21. 10s. per Centum Annuities, and on such Exchequer Bonds, shall be Charged and chargeable upon the Consolidated Fund of the United Kingdom of Great Britain and Ireland. " 4. That the dividends now payable by law on sth July and sth January in every year on the said Capital Trading , Stock and on the said capital stock of New South Sea An nuities, annuities 1726, and annuities 1751, shall continue payable until the sth January, 1854, inclusive, and no _ 4- That the dividends now payable by law on 10th Octo ber and sth April in every year on the said capital stock of Old South Sea Annuities shall continue payable until sth April, 1854, inclusive, and no longer. " 5. That if the Corporation of the Governor and Com pany of Merchants of Great Britain trading to the Soiith Seas and other parts of America, and for encouraging the fishery, shall at any time on or before Friday, the 3d day of June, signify to the Commissioners of her Majesty's Treasury their assent to,commute and exchange the said capital trading stock, or any part thereof, into any one or more of the said 3/. 10s. per Centum Annuities, New 2/. 10s. per Centum Annuities, or Exchequer Bonds, the said corporation shall be permitted to make such commutation and exchange upon the same terms, and subject to the like conditions, as are granted to the person or persons, bodies politic or corporate, interested in, or entitled to, the capi tal stock of 3/. per Centum Annuities now proposed to be paid off and redeemed. " 6. That all and every person or persons, bodies politic or corporate, possessed of any part of the said 3/. per Cen t= Annuities, and who shall desire to signify his, her, or their assent to receive the said New 3/. 10s. per Centum Annuities, New 2/. 10s. per Centum Annuities, or Exche quer Bonds in lieu thereof, shall on or before the 6th day of May, 1853, but within the usual hours of transacting busi ness at the Bank of England, or at the South Sea House, by themselves or some agent or agents for that purpose duly au thorised, signify to the Governor and Company of the Bank of England, or to the Governor and Company of Merchants of Great Britain trading to the South Seas, as the case may be, such assent in writing under his, her, or their hand or hands or the hand or hands of his, her, or their agent or agents, together with the amount of his, her, or their respective share or shares in the s a id 3/. per Centum Annuities, and which said assent shall be entered in a book or books to be opened and kept by the said governor and company of the Bank of England and by the said governor and com pany of merchants of Great Britain trading to the, South Seas for that purpose ; and in case of any transfer of such share or shares of such annuities, or any part or parts thereof, after such assent, the part or parts of such annuities so transferred shall be entered in the said book or separately from the 3/. per Centum Annuities, in respect of which no such assent shall be signified, and every such person or persons so assenting, or his, or her or their assigns, or the executors or administrators of such assigns, under any such transfer, shall be entitled for every 1001. capital stock of the said 3/. per Centum An nuities to 21. 10s. of the capital stock of New 3/. 10s. per Centum Annuities, or to 110/. of the capital stock of the New 2/. 10s. per Centum Annuities, or to an Exchequer Bond of 100/. bearing interest as aforesaid : provided always that if any person or persons holding any such 3/. per Centum Annuities, shall not be within the limits of the United Kingdom at any time between the Bth day of April and the 6th day of May, 1853, both inclusive, but shall be in any other part of Europe, it shall be lawful for such per son or persons to signify such assent at any time before the 30th day of July, 1853 ; and if any such person Or persons shall not at any time between the Bth day of April, 1853, and the 30th day of July, 1853, be within any part of Europe, it shall be lawful for him, her, or them to signify such assent at any time before the Ist day of February, 1851, such person or persons proving to the satisfaction of the Governor or Deputy Governor of the Bank of England, or to the Governor of the South Sea Company, his, her, or their absence from the United Kingdom, or out of Europe, as above specified, and that his, her, or their share or shares of such 31. per Centum Annuities stood in his, her, or their name or names respec tively, orin the name or names of any one or more trustee or trustees, on his, her, or their behalf, in the books of the Gover nor and Company f the Bank of England, or Governor and Company of Merchant Traders to the South Seas on the 6th day of May, 1853: provided also, that such person or per sons so absent from the United Kingdom, or out of Europe, shall signify such his, her, or their assent, within ten days after his, her, or their return to the U n it e d Ki ng d om . "7. "haat every person or persons, body politic or corporate, who now is, or hereafter may be, interested in or entitled to any part of the capital stock of the Consolidated 3/. per Centum Annuities, or of the Capi tal Stock of the Reduced 3/. per Centum Annuities, payable at the Bank of England, or at the Bank of Ireland, and who shall at any time before the 10th day of October, 1853, signify to the Governor and Company of the Bank of England, or to the Governor and Company of the Bank of Ireland, by an entry to be made in books to be opened for such purpose, his desire to commute and ex change any or all of the said annuities to which he may be entitled, into any one or more of the said New 3/. 10s. per Centum Annuities, Newt/. 10s. per Centum Annuities, or Exchequer Bonds, shall be permitted to make such com mutation and exchange upon the same terms and subject to the like conditions as are granted to the person or per sons, bodies politic or corporate, interested in or entitled to the Capital Stocks of 3/. per Centum Annuities pro posed to be be paid off and redeemed as aforesaid. " 8. That the Commissioners of her Majesty's Treasury be authorised and empowered to issue at any time between the sth of April, 1853, and the sth of April, 1854, Ex chequer Bonds, payable to bearer, upon the like terms and conditions as hereinbefore described, and after public no tice in the London Gazette, from time to time to sell such Exchequer Bonds, or any part thereof, and to apply the proceeds in redeeming any part of the capital trading stock or capital stock of annuities now proposed to be paid off and redeemed, or in purchasing and cancelling any Exchequer Bills, or in exchanging such Bonds for Exchequer Bills, upon such terms as the said Commissioners shall think proper, or in purchasing and cancelling any of the Consolidated 3/. per Centum Annuities, or Reduced 3/. per Centum Annui ties, payable at the Bank of England or at the Bank of Ireland, as the case may be. " 9. That the interest on such Exchequer Bonds shall be charged and chargeable on the said Consolidated Fund. " 10. That no amount of such Exchequer Bonds shall be issued exceeding in the whole the sum of thirty millions. " 11. That it shall be lawful for the Accountant- General of the Courts of Chancery in England and Ireland respectively, and for the Accountant in Bankruptcy in in England, at any time before the 6th day of May 1853, to signify to the Governor and Company of the Bank of England, or to the Corporation of the Governor and Com pany of the Merchants of Great Britain trading to the South Seas and other parts of America, and for encou raging the fishery, on behalf any suitor or suitors, or others interesting 3/. per Centum Annuities hereinbefore referred to, standing in the names of such Accountants - General and Accountant respectively, their assent to accept and receive shares in the said New 3/. 10s. per Centum Annuities, or New 21. 10s. per Centum Ann u iti es, or Exchequer Bonds, in lieu of all such 3/. per Cen tum Annuities standing in their names respectively; and the said Accountants-General and Accountant respectively shall be fully indemnifieedslpaegeatinosft anyal l a a c e t t i l e .o n n s : suits, and proceedin g s for and in r matter, or thing done by them respectively in pursuance thereof. " 12. That all executors, administrators, guardians, and y p trustees interested in or entitl e d to any part of the capital stock of the Old South Sea 3/. per Centum Annuities, of the New South Sea 3/. per Centum Annuities, of the 3/. per Centum Annuities created by the Act 12th George the First, of the 3/. per Centum Annuities created by Vie . Act 24th George th e S econd, of the Consolidated 3/. per Centum Bank Annuities, and of the Reduced 3/. per Centum Bank Annuities, whether payable at the Bank of England or a t th e Bank of Ireland, as the ca se may be, who shall s i gn if y their desire to convert the Annuities to which they may be respectively interested into any of the New 3/. 10s. per Centum Annuities New 2/. 10s. per Centum Annuities, or Exchequer Bonds, shall be in demnified. THE NEW CASTLE AT BALMORAL.—The contracts for the mason work of the new castle to be erected at Bal moral for her Majesty has been obtained by Mr, Alex. Stuart, Peterhead. Arrangements are being made to commence th e work forthwith. — Edinburgh Courant. THE SEPARATE SYSTEM IN WORKHOUSES.—In conse quence of the refractory conduct of the females in the Marylebone Workhouse, who, although supplied with situations as domestic servants, leave their places in a few days, and return to the workhouse, where they inoculate the other females with their evil propensities and vices, the house rota have recommended the board of guardians to adopt the separate system as regards those characters by keeping each in a cell by herself. EXTENSION OF THE SUBMARINE TELEGRAPH.— Yester day the Submarine and European Telegraph Company commenced laying down their wires in Pall-mall, St. James's-street, and Charing-cross, in order to lead branches into th e pr in c i pa l clubhouses at the West-end, the Government offices, Admiralty, Houses of Parlia ment, and Buckingham Palace, so that instant and direct communication may be made, without dsipatching mes sengers to the central offiCe; with all parts of the Euro. vitA Cwitiuent reached by electric telegraph, SPORTING NOTES.—No. ecceVl. My anticipatory remarks on the events decided yester day at Cheltenham and Croxton Park were almost re- alised to the letter, for I named the first and second horses (Oscar and Sir Peter Laurie) for the Steeplechaser and Tom Gurney, the winner of the Hurdle Race, at the former place ; and placed Grapeshot first and Begun' colt second, the exact positions they finished in, for the Belvoir Castle Stakes at the latter place. The only in' stance in which I was at fault was in giving the prefer ence to Gladiole (who ran third) over Caurire (the win' ner) for the Gold Cup. EPSO➢I SPRING MEETING.—The sport on the Down. to-day will be of a first-class description. I wish I could say the same of that portioned out for to-morrow ; bet steeplechases never did, and seemingly never will, thrive at Epsom. The principal event on the card for decision to-morrow is the Great Metropolitan Steeplechase, which has only obtained an acceptance of eight. The BRITISO YEOMAN, although carrying the top weight, if meant, will dispose easily enough of his antagonists, the steepl?' chase course being in that heavy state which favours his peculiar qualities. The Free Handicap Hurdle. Race, I presume, will not attract Caurire to the post ; in his absence THE Me will do the veni, vidi,'vici business. The Selling Steeplechase, if not a "sell," will, in all probability, terminate in favour of Gulnare or Trust•me" Nct. Nom de Guerre, taking his running on Tuesdal at Cheltenham into consideration, ought to run we ll hers. The horses on the spot this morning for the foregoing races are the following :—British Yeoman, Q u i c kster , Shinrone, The Hero, Sam Hood, Gulnare, Trust•me" Not, Seven and Sixpence, The Brewer, the Slashing Painter, and the Trojan. Nom de Guerre and another or two expected. THE SPIRIT OF THE TURF. WORSHIP-STREET-(TIIIS DA Y). ANOTHER BRUTAL ASSAULT ON A WOMAN. George Bevan, 29, described as a cigar maker, residing at 11, Satchwell-rents, Bethnal-green, was charged, b r fore Mr. D'Eyncourt, with an aggravated assault upon Ann Gisby, by which h er lif e i s i n danger. It appeare d from the evidence of Marsh, 215 li, that this morning , between four and five o'clock, while on duty, he heard cries of distress contiguous to the prisoner's dwelling , and found the complainant outside the house bleeding from wounds in the head. She was in such a s t a t e of exhaustion as to state with difficulty that prisoner had assaulted her with a shovel and poker, upon hearing which witness forced the door, and found the Pri soner in a partial state of intoxication. At the station-house complainant made a statement to the effect that she was engaged to the prisoner as a general servant, but was co h a biti ng w ith hi m . lies upper lip was cut open, and her left cheek a n d u pper par s of the head presented wounds 'of no ordinary charaete r c ; It was deemed necessary to send her at once i n a cab , the London Hospital. A certificate was now produn; from the house surgeon there, purporting that her l u was in danger. Prisoner denied having assaulted her beyond striking with the hand, but the constable informed the magistral that he had noticed th e s h ove l i n th e apartment ° bent nearly double. Mr. D'Eyncourt desired the weapon should be tak en care of, and produced on Wednesday next, to which al he remanded the prisoner. THE BOOMERANG PROPELLER. LIVERPOOL, WEDNESDAY.—Yesterday a ft er noonZ trial was made in the wa t ers o f the Mersey 0f Thomas Mitchell's new mode of propelling ships by .: boomerang, in lieu of the c ommon screw . Th e t r ial n was made in the Genova, on e o f M essrs . M'K e an M'Klarty's Mediterranean steamships, the distance bea ing from the Rock Light to the Crosby Lightship 3 , 1 11 " e back. The boomerang is u se d i n a s i m il ar wa y to D o ordinary screw, but its design and construction 1 4 widely different. The original id ea was b orro wed 00 the inventor from the p ecu li ar gyrat i ons of the ive3P,ll used by the natives of Australia in its flight Oro% the air. That instr umen t i s crescent shaped, but,„lo stead of an arc, it h as an e lb ow i n the middle. -`",t about 2 feet long, a n d a b ou t 2 i nc h es b road, a c 1112;; of an inch thick, and i s mad e o f h eavy wood. thrown in the air by the natives it describes two reO ter tions, one direct and th e o th er rotatory. By t h e 13t motion it revolves round its own centre of gravitf.' t enabled to survive the dire c t i mpe t us w i t h w hich' 0 sent up, and is made to screw back to the spot Wh en it was thrown, This peculiarity suggested wh a t i s c a ll e d "the wi ne rang propeller," which, in the course of the day' „ er i. described by Sir Thomas Mit c h e ll. Aft er ma il e xl ' ll o ments made for the pu r p ose o f di scover i ng th e best me , li . of attaching a centre, so as to make the p r inciple fi Pi r ol cable to the propulsion of vesse l s , th e var ious prac v difficulties in the way were removed. The elbow-shaped weapon of the savage the air shows how the difficulty of the centre may ! co ' avoided; the cusps illustrate the mode by which engino of may regulate the circumference, while the general forw,„ gliding throug_li the missile, in acting obliquely on the radius of the 04, tory motion, teaches how it is possible to embrace v 74 columns of water at once with the least possible suit's and the least obstruction to the rotatory motion, but,' the same time, with the greatest effect as a screw. The great difficulty of testing the true value ofbn invention has hitherto lain, and still continues to lie/ I ; the fact that screw-vessels are built with apertures Wo narrow for its applieltion in its entire and comP, le ' o f form. It require s a space equa l to at least one-thiru, be the height of the aperture. .The only oppor t u oiti inventor has at p resen t h a d f or testing it--.and tb! g very severe test--is . by applyin g on ly mu til a t e d porno of it, relying on th e more h armon i ous nature of it'S face compared with the screw now in use, and l o n perfect freedom at the ce n t re , w hi c h preven ts it f o t choking, and, consequently, gives it greater facilitys,ry rotatory motion. So grea t i s th e mu til a ti on neli;;s, to admit of a trial at a ll with or di nary s t ea mers, whereas the chief advantage of the boomerang prq oe is in its embracing two-thirds of the helix at el lee ', l o two blades of the one used i n th e G enova were net - l e s 4 than one-seventh each of the complete spiral, or than one-third on the whole. th e Another advantage in the boomerang is, that fronlther, convexity of on e bl a d e an d th e concav i ty o f th e the water is prevented from being driven to the cef re el and thus choking it, as i n t h e common screw, and dl steering is thus materially facilitated. The severest test that could be applied was sul o ,oo to yesterday. Th e pit c h o f t h e two mutilated p°l." was nearly doubl e th e diameter—i. e. , the pitch ' o ' , 60 feet 2 inches, an d th e di ameter 12 feet 3 inches, se the the working su r f ace was fi ve f eet less than that 0' „d common screw, against which it has been tried ; whereas the common screw weighed 62 cwt., the be ° rang was only 26 cwt. t he Notwithstanding these adverse circumstancet, average speed obtained in slack wat er was f ro m 9 r", b i , to to 91 knots, under a pressure of s t eam o f f ro m 6' et , 91b. ; a speed which several scientific gentlenl en to board. asserted w a s one k no t faster than calla ';o' been made by the common screw under the same r sure of steam. In the course of the afternoon the visitors wer - o li tertained to dinner in the first-class cabin, Mr. 1 ,3° ~jog of the firm of M essrs . M'K ean an d M'Klarty, ecetlP'oir the chair. That gentleman, in the course of sool e o f servations made after the cloth had been withdr`„o, regretted that compl e t e j us ti ce h a d no t b een done t."„ boomerang on the occasion, owing to the inabilm ol the engineer to keep the steam up to a fair pressnl; j e e r 101 b. He and the compa n y he repres en t e d were, ' oo r ever, so convinced of the great superiority o f the 11° , of era,ng over the screw, that they were having 011 110 f their vessels prepared for the trial of the new prope vi e in its integrity. Mr. Lamont also referred to the •, ( 1 of English anthracite, in lieu of coals. They had i rl be it with complete success in the last voyag e of t Livorno, having found that it was more serviceable, i 'die took up much less space. In her previous voyage s olf consumedLtorno r required tons ired 5 17 cwt. ton of s of anthracite. coal, whereas H sh e 1 1 ;4 e this would create as great' R oa . a revol u ti on as the booltpi°r, because, if they cou ld save a quarter of the coos' h ' P te { of fuel, m uc h i nconvenience and delay would %a °' vented. If th e G reat Britain, for instance, WO Ati s i : consumino• 1 ,500 tons of coa l on h er passage to n v 1 tralia, onry required 1,000 t ons , s h e cou ld ace fe' the whole distance without touching at St. Helen 3 4 l, coals. The gain by anthracite instead of coal Iv ti bd in his opinion, be about 35 per cent., besides g r atifying fact that anthracite was not I taneous combustion. iab h le av to ile. DEATH OF LORD SKELMERSDALE.--WO have t ° , llo 'o cord the demise of this venerable nobleman, at k 3 b i , House, in his 83d year. His lordship sat in the n i l 0 of Commons from 1795 to 1828 , when he was rais e o il the peerage. He is succedeed by his grandson Ba i ri eldest son of the late Hon. Richard Wilbraham, tU now in his 14th year. The Countess of DerbY " youngest daughter. C pe C IN CINNATI AND ST. LO UIS RAILWAY.—The pr°flt s tus of an issue of first mortgage bonds on the inwercin' railway line in the course of construction betwee n , cinnati and St. Louis was published yesterc l 9. tl)° Messrs. George Peabody and Co. The length road is 335 miles, and it is under contract to h e - 1 - 5 P pleted for 9,000,000 dollars by the Ist of July, A " to', ° Much of the undertaking already finished, a?",,A; divisions of it are to be opened on the Ist of 3- t e 0 v next. The capital subscribed in the U n ited Sti about 6,000,000 dollars, and the bonds now Octffervtii for 2,050,000 d o ll ars , or 410,0001 . s t er li ng . Their rity is that of a complete lien on the en ti r e wer"lile they are to be redeemable in 1872, bearing mean's to per cent. interest, the holders also having the r i co convert them into stock any time before the i o . !` i January, 1857. A deposit of 10 per cent. is to b e lie ' d' immediately, and the remaining inst a l men ts on t May and Ist of September. SUICIDE BY OXALIC AClD.—Yesterday naorn? i s f n tiv _ _ _ formation was forwarded to Mr. Langha - m, the Coroner for Westminste r , o f th e d ea th o f Ann ° D or t ; son, aged 28 years, who res id e d a t Old Boswell- 01, c Carey-street, Lincoln's-inn-fields, who • co mmittv, destruction by sw a ll ow i ng a l arge quan tity °f oocctl; acid. It appears that the deceased had f o rmerli n tti j pied a respectable p o siti on i n soc i e t y , having bli-o01:: daughter of perso ns w h o earne d an h o n es t livel 11 4 0 ; 1 P Some time since she quitt e d h er h ome i n a fit of u 4; and finally became the paramour of a ea bmsn' o ftc; Monday night the d ecease d o bt a i ne d a quan titY et " alie acid of the neighbo ur i ng c h em i s t s , an d on ' ) ;t,te l i, turn took the poison. Her groans attracted th° 0/ e , tion of the inmates, who instantly r ais e d an alar° 3 ClA lt ; Dr. Digby, surgeon, was promptly on the sP ° os te i , notwithstanding his exertionsi she expired in r poi cruciating agony: No cause at present has by signed for the rash act.