The Sun. — London, England, 1847-07-13 00:00:00

THE SUN, LONDC N, TUESDAY EVENING, JULY 13, 1847. DORSETSHIUE. (From the Sherborne Journal.) W,e n'4N-vt. rememb3r so calm an eve before a general "ett c'n, And we doubt whether there will be a - single Pirl for any borough or division of either the coup move o f t Dorset or Somerset. The accumulated sums of `" ° ,, n e . f have been so thoroughly circulated by railway c at's, that very few hoardl are available for contesting enrrnPl boroughs. Ther e i s a re p or t that Weymouth other w ill be contested, but up to the present time no c andidates have appeared than Colonel Freestun and Mr. Christie ; but the friends of two other ie j ,, itlemen roundly assert that they will appear. ae politics of Bridport are in a la, quid state, and Yme will probably pass off quietly, although several candidates are talked about. At Poole we think the Liberal cause has been badly dealt with by one of its own Professors. Tire understand that Mr. Turner has no chance of success, and we would put it to his better lud4rnent whether it is not incumbent on him to retire, and not let opponents take advantage of his wrong posi tion. Dorchester, Sh a f tes b ury , T aun t on , Ti ver t on , Bridgewater, Wells, an d Promo are a ll p rov id e d with c andidates ; and it a pp ears to us t h a t we s h a ll h ave th e of most quiet electi on t h at h as ta k en p l ace s i nce t h e p ass i ng the Reform. Bill. ESSEX (NORTH). cFrom the Essex Standard.) The ':esalt of the canvass places the return of Sir J. Tyrrell an d Major Beresford beyond a doubt. FROME. Mr. Thomas Sheppard retires, and Major Boyle has .1..3.11 canvassing t opinions this borough on the Liberal interest. mak e any not of a sufficiently decided character to .I ) .}' party zealous in his cause. lie came forward : ri ,,g i nai37 . on the Dissenting interest, but he does not ipue to the requir eme nts of the most consistent of - 1 , 4 .!: Party ; and a t a mos t res p ec t a bl e mee ting of the tit senters on Wednesday evening a paper tantamount Mn effect to a declaration that they would not support ajor Boyle was signed by a considerable number of the electors present. The Conservative party is strong, and ruixdous to mea sure th e i r streng th w ith the Radicals, t no candidate except Major Boyle has yet declared Mr. GLOUCESTERSHIRE (WEST.) Grenv Berkele, who has, as s weknon been broughtille forward under the auspices of Lord Fitz- hardi age, in opposition to Mr. Grantley Berkeley, has b n canvassing during the week at Wickwar, Thorn vury, , ze but, as far as I can learn, with very equi- L ? c 4 k success. I know that his immediate supprters vt'ast of his having received a great number of pro taise. but others who have had opportunities of eon- Z i rslng with many of the electors and who would be lees it itnly to be partial in there statements, say that there is et Teneral feeling against the unfair influence which is exerted by the castle and a disposition to support tile old members, Mr. Grantley Berkeley and Mr. Robert Illagden Hale. Mr. Grantley Berkeley is likewise fully 11 the field, and has issued an address to the electoral body in which he denies that he is about (as has been i ndustriously circulated) to retire from the representa tion. He says he will assuredly go to the poll in the confidence of success, and intimates his intention of commencing an early personal canvass. I3ALIFAX. (From the Halifax Guardian.) There are five candidates in the field for the represen tation of this borough. The two sitting members, Sir C. Wood and Mr. Protheroe, offer again ; the anti-state educationists have called forward Mr. E. Miall ; and the radical section of the electors have resolved to support Isir. E. Jones, a barrister. Mr. 11. Edwards, a resident is the neighbourhood, possessing considerable local in "uence, has also offered on the Conservative interest ; and it is not improbable that he and the Chancellor of the Exchequer may be returned. HEIIEFORD (COUNTY.) (From the iVoicester Herald.) The new Conservative candidate for the county of rlereford, Mr. F. R. Ilaggitt, presented himself to the tl ectors of thi s town and v i c i nity on Thurs d ay l ast, an d , 71 Pc are told, made a very successful canvass. • - NA.VAL INTELLIGENCE. !„.....PrionTsmorru, MONDAY.—Major General the Right _ ll `, e - Lord Frederick Fitzclarence, G.C.H., Lieutenant icioevsorn7 Portsmouth and Commander-in-Chief of of tit south-west district, made his first official inspection the that efficient and serviceable arm of the naval service, _.,.. 1 ..t e 0jal Marine Artillery Corps, under the command '.„ 1 ! 141 tenant-Colonel D. A. Gibsone, this afternoon, at .trert Cumberland. The inspection comprised the following practice from 42 ice battery : one 68-pounder at a target, range " „ La_ nd yards; thr ee 3 2 - pounders, same range; one 32- ,an er eimonade, same range; one 24-pounder, same Fe; thr ee 10-inch mortars for land service in rear of CCache d Paulement, range of flag-staff 560 yards. Officers „ae,llFll Lieutenant-Colonel Gibsone, Major Castieau, 1 ) ,‘I'los Fraser and T a it, and Lieutenant Parke. ractiee f rom a " heavy battery " with one 8-inch owitzer, at a target seaward, range 1,350 yards; one 1: `under 'P m e di um gun , same rang e ; one 24-pounder rtrwier, 900 yards range; one 12-pounder, dto, same qo ffi a ' ll g e ; one 6-pounder light field gun, same range. caTsceearsu attached, Lieutenant-Colonel Gibsone, Major ti Captains Fraser and Tait, and Lieutenant n 2ractiee from a rocket battery of two 12-pounders; —.:.,6-pounder; two 2-pounders. ,-1-letter or more perfect gunnery practice than that ex i'3ll!eited by this distinguished corps to-day has never device'a witnessed; out of the 42 shot fired from the sea t _ battery only five missed the target, and they b ull , very close to it. All the others either entered the eye, or shattered the target to atoms. The mortar practice was similarly perfect, and the 4..arnmeosnturnacbceurraotfe r d oi r u e n c d t s i were fired. All the shells took fits -staff ff was inspected direction r and, i s w p h o e r n tio th n e the thee,gsp'Jat was thickly covered with the shells, and so o v f ic th in e it p y ra o c f tice, .los.e'‘y thrown that they presented the appearance of ih)avtng been bowled there at the staff, instead of having l e ell projected from mortars at a of 560 yards. v i the words of Lcrd Fitzdarence, "Nothing could be better or more accurate." e The missiles fired from the heavy battery consisted roun ds of spherical case (Shrapnel shell). Eight 10 ) ,;" 8 were fired at targets moored in the sea at the Tit - • e range; they were riddled at every discharge. Prockets range d seawar d 900 and 1,400 yards at Dr - t - wets placed at those ranges, and the direction of their rson Was most admirable at all the five rounds fired. at we , 8-inch live shells from a land service howitzer 1111 elevation of 45 degrees, at a target seawards, , ti ere a' 4 o fired, w hi c h range d about 2,000 yards, and mirhors also to the instant calculated upon, and struck the wit; 24-Pounder shell, with spherical case, was then fired tht o°,,b an inch f us e e, at a reach of 1,000 yards, an d struc k iect• Thi s conc l u d e d t h e i nspect i on . e oi leaving the grou n d L or d Fit zc l arence expressed to ilkGibsone hi s thanks for the gratificat i on h e h a d tlk e erien ced, and begged that gallant officer to deliver to officers, non-commissioned officers, and men under aLieentamand his highest encomiums upon their service sh an d eminently efficient state—a stilte which he ti t' u, id not f a il to report to the Lords Commissioners of e Admiralty. LisThere were on the ground, besides the General and R o "fa, Colo ne l A slett, Comman d an t o f this division of Marines; Lieutenant Colonel Ballinghall, R.M. ; Elnr S tevens, R.ALA. • Captain Langley , R.M . ; • e ti ll o t t e t uan t and Adjutant Lawrence, R .M.A. , and Dr. 011 On Wednesday the General will inspect the fire barns laboratory on Southse a • c ommon, under the direction Major Stevens R.M.A. },moon of those melancholy accidents which are so },_ralon in thi s h ar b our when vessels are preparing to tp Paid o ff , occurred on Saturday night. A seaman o f 'e Helenaeither overboard, or went over volun zu„ "IY, for the purpose of swimming ashore—for there Ate Ras two versions of the story. Both agree that the man in a state of semi -intoxication, by means of liquor obtained from p ersons w h o , f rom th e i r o bt a i n i ng a living Cll4a - by this means, are technically termed "swaggers," , He the unwholesome trash they vend is called " swag.' e called for assistance soon after begot into the water, h it before it could be rendered he had disappeared. It 4 to be hoped some efßetive means will be adopted to prevent and punish the illicit introduction of spirits into 25b iPs, which is the cause of more than half the accidents *which occur. The Avenger steam-frigate, Captain Sidney C. Dacres, Rent out of harbour to-day, and after taking a short run to the westward, returned and anchored at Spithead. The squadron at Spithead has been ordered to prepare for proceeding to sea on Wednesday. The Queen and Caledonia, from Plymouth, had not hove in sight at six O'clock this afternoon. CHEAP METROPOLITAN TRAVELLING.—Y est erd ay tun anibuses commenced running .from Hungerfor d M arket to the Hampstead-road, conveying passengers to London-bridge for the entire I?stanc a f or one penny. Persons _cannow ride from all ue Western p ar t s of the metropolis r twopence, either by omnibus or stea m • boat, and from 0 411340 h-town. Paddington, and the nor thern districts an lid. a n d 21d. ; f rom N e wington to Hackney for 3d.; trona Charing-cross to Fulham for 3d., being less than one halfpenny per mile. T „, R EPRESENTATION OF LIVERPOOL. We under tot aN ire a requisition to stand for this borough is abou _ be psented to Mr. J. Macgregor, the chairman f of tile So uth -Eastern Railway Company. There are e h r s i en living upon whom the choice of the electors of t :113,ortant borough could more fitly fall. In addition to acquaintance of long standing with its interests 4 Lacgrego r p ossesses th e e ssential qualification of 0 67 R a thorough m a n of business; and in the discharge e za duties as chairman of the South-Eastern Railway le -m 4iP ee la s Yi has given proof of his capacity for much higher Q EADFUL OCCURRENCE.—At a quarter past twelve 44,noek last night, or rather this morning, a frightful nrre nce took place in Back Piccadilly. An old man, A r i t e u Tiardcastle, who resides with his son at Mosley tipr t s ,Tap, got up, as is supposed, in his sleep, and pre th• a ‘cd himself out of his chamber window, in the the st orey, alighting in the street. When picked up ;l er "fortunate man was quite dead.—Manchester C0u ,,,0f Saturday. otd„ - DANGER OF LENDING BOATS TO 8C:11'5.-I'es -114'Y a small skiff, containing - no fewer than ten lads, o tie °Net near the Surrey side of Waterloo-bridge, and ter of the party, named Alfred Sniee, of No. 111, Fra peat-street, South Lambeth, was drowned, the others being Th e . 1 3Y some persons who put off from the shore th e m 'ecitlent was caused by the lads not understanding the anagement of the boat, and she was swamped by bo :QII raised by a passing steamer. The body of the ' - ' 33 :lee was not recovered. Ano u t it rt lEa FALL IN THE PRICE 0: 1311EAD.— Pi e a. c r reductio n i n t h e p rice o f the 41b. L-af touts b read Y.esterday thr oug h ou t th e me tropolis. The best bre ad 18 now charged 10d., second-rate Bd., league the QQ.) Weighed on delivery household 7d. and 6i d. CHARING-CROSS-BRIDGE. A special general meeting of the shareholders in this company was held yesterday, at the efflees of the com pany, 9, 'Villiers -street, Strand, " to reconsider and rescind, if it should be thought fit, the determination of the special general meeting of the company, held on Saturday, the 19th inst., against confirming the arrange. went made by the directors with Messrs. Jackson, Sir J. Walmsley, Reed, and Fuller, respecting the contract for the sale and purchase of the bridge and the property of the company. And also to reconsider and rescind, if it shall be thought fit, the resolution passed at such meet ing, whereby the proposition made by the directors for raising the sum of 20,000/., by the issue of 32,000 new shares of el. ss. each, and to be called quarter shares, was negatived, and an amendment thereupon, for appointing a committee of seven shareholders to examine and re port upon the accounts of the company, agreed to ; and to adopt such measures upon each of the Najd matters as may be then deemed expedient." Mr. William Hawes occupied the chair. A considerable number of share holders were present. The clerk (Mr. Lawrence) having read the advertise ment convening the meeting, The Cuainemee was about to explain the object of the meeting, when he was interrupted by Mr. ELKIN, a solicitor, who stated that he had become a shareholder since the last meeting, and that he was anxious to know how the Chairman proposed to get rid of the resolution agreed to at the last meeting, which, judging from the respectability of those who supported it, would, he thought, not be allowed to fall to the ground? Ile asked the opinion of the Chairman on this matter, in order that the gentlemen who supported the resolution to which he referred, and who were still of the same opinion, might know how to act. The CHAIRMAN said the committee mentioned in that resolution was not appointed at the last meeting, and as that was not an adjourned meeting, it could not be ap pointed at it. The business which the last meeting was called to transact had been determined and completed when it rose. It was absolutely essential for the good conduct of public assemblies that gentlemen should observe the rules on which such assemblies were gene rally conducted, and therefore he trusted that no one would speak more than once, except in reply.— (Hear.) It was necessary for him to state this, as no doubt strong expressions would be used ; and as much irregularity would no doubt prevail on this as on the last occasion, he trusted the meeting would adhere to the rule he had laid down. He wished it to be distinctly understood that the proceedings of the meeting commenced de note. Mr. STUTELEY adverted to a circular which he had issued in reply to charges which had been made against him by the Chairman, and wished to know whether it would be fitting tor him to make some observations on the matter before the commencement of the business of the meeting? The CHAIRMAN said, with respect to the observations of Mr. Stuteley, as far as he was concerned, he was p(rffctly careless whether or not he accompanied any observations he intended to make with fresh aliusions to his conduct as chairman. lie did not intend to allude to the correspondence which had taken place between them at that stage of the meeting, though it might be neces sary for him to do so before its close. He should first state the whole of the proceedings of that company, and then submit certain resolutions seriatim to the meeting. The object of the meeting was simply to bring before the shareholders again the resolutions which were negatived at the last meeting. Two resolutions were then brought forward—the first to determine the contract with Mr. Jackson, Sir Joshua Walmsley, and others, for the sale of the bridge ; and the second to authorise the directors to take means to raise a certain sum of money to enable them to place the liabilities of the company on a much more satisfactory basis than at the present moment. He stated, he thought, clearly at the last meeting that the sum sought to be raised was not for the purpose of discharging any liability not previously known, and accounts of which bad not previously been submitted to the meetings of the company, and which had not been audited by the auditors of the company, but of sums regularly placed before the company from time to time, and at that meet ing they took the opportunity which then presented itself, and which had been delayed by the negotiations with respect to the sale of the bridge, of placing their affairs before them, and of devising some plan by which they might be placed upon a satisfactory basis. The remarks made at that meeting against the conduct of the directors showed that those who made them had either forgotten that accounts had been submitted to them, or they had treated them as waste paper, and been put out of sight altogether. They asked the share holders to give them power to raise about 20,0001. upon the creation of new shares under their second Act of Parliament, but they stated in making this proposition that it was a bad anode of proceeding; but no other course was open for them to adopt, as they had raised all the money they could on debentures. The money they thus proposed to raise was to be devoted to the repayment of the money which Mr. Jackson and others had deposited, to discharge several outstanding liabilities, but especially the debt due to their bankers. The amount due to Mr. Jackson was taken credit for in the balance sheet submitted to the meeting in July, 1846, and at the meeting in the following August they would find that not only did many gentlemen, who were now op posed to :each other, take part in the discussion which then ensued on the matter, but the question of the propriety of applying the money to defray the liabilities of the company was openly canvassed, and Mr. Adams, whose acquaintance with accounts was surpassed by few, stated that the investment of the money at interest of five per cent. was the best thing that could be done with it. Out of it, however, they paid the Exchequer Loan Commissioners the first instalment of the money they had borrowed from them, as they were well aware that the whole of their property in the bridge was mort gaged to them, and they could not have disposed of t h e wharf, or of any of their property, until that amount had been paid. Believing, therefore, that the contract would be carried out in all its integrity, that it was a bona fide contract—that there was no doubt about its being car ried to a successful result—they appropriated the sum of 5,000/. to discharge a part of the claim of these compa nies, together with 2,5001. in discharge of old debts to the bankers, and 2,5001. was carried into the general assets of the company. They, therefore, simply asked for power to raise a sufficient sum to discharge their contract with Mr. Jackson, to repay him 9,0001. out of the 10,0004 he had deposited, and to defray other lia bilities which pressed heavily upon them. It was said that they did not require so much as 18,000/. for this purpose. It was true at that moment they did not re quire so much, but in order to place the funds on a satis factory basis the amount they sought would be absolutely necessary. However, a considerable return would ensue as they would, by means of an accession of funds, be enabled to sell the wharf on the other side of the water, which would, no doubt, realise about 7,000/. ; so that he might repeat what he stated at the last meeting, that a considerable portion of the 20,000/. would be returned, because a great increase of traffic, and consequently of tolls, could not tail to result from the opening of the south- western terminus on the Lambeth side of the river. The directors had been told that they had de ceived the shareholders, as they were unprepared for such a financial statement as the one submitted to them at the last meeting; in fact, they were plainly told that they had been squandering the money of the share holders. Now the bridge was the very first public work of the kind on record which had been constructed at an increase of but 5 per cent. on the original estimate, which was 83,0001. The cost had been 87,738/., which in cluded several extras not specified in the original con tract therefore, so far as that bridge was concerned, they had carried out the contract to the letter ; and the shareholders had no right to turn round now and accuse the directors with having squandered their money. Then the whole of the law expenses amounted to only 3,2731. —(Cries of " Oh, oh.") But the first and second Acts of Parliament cost 2,3001. of this, and the whole cost of the ordinary law business of the company, from 1836 to 1846, including the formation of the company, only cost 973/.—(llear, hear.) Let them bear in mind that this sum had reference to the whole of the transactions of the company, which were spread over a period of ten years; it included the cost of perfecting the treaties and arrangements with the market company, and he believed he was paying but a just tribute to the solicitors of the company when he said that but few solicitors would have conducted the legal proceedings of the company for a period of ten years at so moderate a sum. Therefore, looking at the question of the law expenses, he contended that no charge could be made against them on that head. Then the cost of the management of the company had been far from exorbitant, as the directors and auditors for their services for ten years had received no more than 1,500/., and the clerk and other officers 1,4001.; and surelys inlvtduringh dethese nn t gy A te - o ha er i t r e , m c o sn but fi d d esno n cl 0 .0 t j ur justify : tanhn whoed s w h hahroae had spent, had dp l de re ceived er i c fwoc e ocr i rvt and to nd theyibi nt u , v t net s l so t, they at O dea o nyt ip . owtfor n oettih.wheteeliilrerlisraaeowers accounts, on i r c uet ent moment? s. l33, t a\aVntdetll he e I N T e ad - hshi last meeting .I c eoc o eta u tl oi r l neh s gd e he gave a casting vote for the appointment of a thiscom mthiattteemfeuerting,on pu r P ose.—(Loud cheers.) He stated at the part of his colleagues, and he repeated it then, that both he and his col leagueswhether ot confident examina tionan of t h w e e were accountsperfeetook careless rl ace n or weren hadthey of the result; but, in order to show that no objection ,to suc h an ex amination, they intended to propose the appointment of a committee to investigate them—(Cheers) —and the first name th ey intended to propose was that of Mr. Stuteley, the deputy-chairman of the market company, Mr. Cope, Mr. Few, one of the largest shareholders, and two original and independent shareholders, who had taken a part in the proceedings of the company since its formation. A SHAREHOLDER —You had better leave it to the meeting. The CHAIRMAN was not indisposed to do so. They likewise intended to propose a resolution confirming the agreement for terminating the arrangement with Mr. Jackson, to move the appointment of the committee to which he had referred, and to submit a resolution for the purpose of raising 20,0001., upon the understanding , that nothing should be dune until the committee pre sented the report of the result of their labours, which he proposed they should do at the annual meeting on the 12th of August. They would thus give the directors an opportunity of showing that the accounts were correct, and of healing the report of the committee to that effect at the annual meeting, when the confirmation of the resolution for creating the new shares would be pro p osed. He thought the business of the meeting would be best conducted and the interests of the shareholders pro moted by the course he had pointed out. He had sail tl;at he did not intend to notice the letters which had (Tit circulated amongst the shareholders, and be should esileere to ilies eeelation ; het these v - as cue charge mcd* eeriest the .rectors with respect to which it was important that toe shareholders should be set right. They were told that they should have ascertained that they had power to sell the bridge before they endea voured to do to. They did ascertain that they had the /power, and when it was proposed to the shareholders 1,813 voted for the sale, and but 95 against it. He con tended, therefore, that in every case the directors had acted bola fide, but with a strict regard to law, espe cially with reference to the mode in which they brought the question of the bridge before the shareholders. At the request of the shareholders they came forward and proposed the rescinding of the contract for the sale, stating, at the same time, that they had been obliged to withdraw from their application to obtain a Bill from Parliament to effect the sale by the opposition of one of their own body—(llear, hear, and cheers)---but they would have been enabled to carry that Bill if they had received that support from the proprietary and from the Ifungerford Market Company which they thought they might have asked for. Opposition came from their own body, and the Hungerford Market Company refused to sign a petition which would have gone far to pass the preamble of the Bill. He believed he was justified in saying that he did not think the sale of the bridge ad vantageous. Messrs. Jackson had met them fairly in the negotiations which they had had with them, and though some might think the forfeit of 1,0001. too small a sum, when the difficulties of obtaining the Act was borne in mind he considered that they would be of a different opinion. Messrs. Jackson had agreed to re ceive the 9,000/. in the most convenient manner to the company, as they consented to receive one-fourth at the earliest possible moment, and the rest in any shape most conducive to the interest and convenience of the com pany. The chairmen then submitted the resolutions seriatim, and stated that he would be happy to receive any amendments which the shareholders might think proper to propose. The first proposed the rescinding of the contract., the second the appointment of a committee to investigate the accounts, and the third the creation of 3,200 quarter shares, of 6/. ss. each, for the purpose of raising the 20,000/., subject, however, to the approval of a special meeting to be held on the same day as the annual meeting, on the 12th of August, on which day the committee of inquiry was to furnish their report. The directors were s.till of opinion that these new shares should not be used for any other purpose save the crea tion of a temporary loan, as, by the sale of the wharf and the increase of the traffic, be thought they would be enabled to call them up, and, if necessary, to distribute them amongst the shareholders. It was advisable that they should not form additional capital. It may be well here, perhaps, to publish an abstract of the accounts circulated at the meeting. No. I. ACCOUNT of RECEIPTS and EXPENDITURE of the COMPANY, to the 31st July, 1846—circulated amongst the Proprietors after the Annual Meeting held on the 13th of August, 1W : DE. £ S. d. BRIDGE— T° Calls ... 80,000 0 0 Loans of Bankers ... ... 5,000 0 0 Exchequer Loan Commissioners ... 21,000 0 0 llungerford Market Company ... 6 15 0 *Messrs. Jackson and others ... 1.0,000 0 0 Forfeited Shares 646 0 0 Balance ... ... 2,231 14 5 118,887 9 5 CR. By Works— s. d. Executed under Contract ... 80,000 0 0 :Not in original Contract ... 4,700 0 0 Extras on Contracts ... 3,038 15 2 -- 87,738 15 2 Enginers and Surveyors ... .. 4,445 6 1 Law and Parliamentary Charges— Ordinaryßuineks,from 1836 to 1846, including the for mation of the Company... 973 13 9 First and Second Acts of Parliament ... 2,300 0 0 3,273 13 9 Stationery, Printing, &c. ... ... ... 1,433 6 0 Directors; Clerk's Salary, &c.— Directors and Auditors— Eleven Years ... ..• .•. 1,575 0 0 Clerks—ditto ... ... ... 1,436 5 6 Charges—ditto - 379 18 8 3,391 4 2 Interest Account ... ••• 1,160 14 2 Ditto—Loan Commissioners ... ... 2,582 3 10 Approaches— Ilungerford Market ... ... 6,000 0 0 Lambeth Wharf ... 8,524 6 3 . _ 11,524 6 3 Hungerford Market Share ... 21 2 6 Office Furniture, &c. &c. ... 316 17 6 338 0 0 118,887 9 5 No. 11. DR. Eighth Share Account— To Deposit -... ••• ... ... •• • 1,564 3 1 Ch. To Parliamentary Charges—Few and Co. ... Balance 600 0 0 ... 964 3 1 1,564 3 1 No. 111. CAPITAL ACCOUNT from July, 18.16, to January 31, 1847. Da. .L. s. d. To Loan from Bankers 3,500 0 0 3,500 0 0 CR. By Balance from June 30,1846 ••• ••• Sundry Payments for Works in the Six Months from July,lBl6, to January 31, 1847 Balance 2,334 11 5 ... ... ... 926 6 4 ... ... 338 19 3 3,500 0 0 No. IV. LIABILITIES to July 12, 1847. DR. s. d. To Engineer—agreed Balance 1,000 0 0 Contractors—Estimate of Ex tras unpaid ...2,000 0 0 Sundry Works, including the alterations of the Toll houses and the division of the Bridge . 1,828 10 8 Hungerford Market Claim, subject to reference 1,000 0 0 Law Charges, Parliamentary Proceedings, and the cost of the suit with the Market Company ... ... 1,000 0 0 Bankers—Loan ••• 3,500 0 0 Less Balance, as per Account No. 111. ... 338 19 3 6,828 10 8 3,161 0 9 Jackson and Others—assum ing the conditional agree ment will be confirmed 9,000 0 Balance ... ... ... 1,010 8 7 20,000 0 0 Cu. By 5,200 Shares, proposed to be issued, at 61. each 20,000 0 0 No. V. TOTAL COST of the CIIARLNG-CROSS BRIDGE, as ascertained to this day, July 12, 1847 : Dn. .£ s. d. Account No. I. ... 118,887 9 5 No. 11. ... ... ... ... 964 3 1 No. ... 926 6 4 No. IV. ... ... 6,828 10 8 127,606 9 6 Total—Less estimated value of the Wharf on the Surrey side .. 8,000 0 0 Cost of the Bridge and its approaches ... 119,606 9 6 Balance available to reduce the debt of the Company, as soon as the Wharf is sold ... 7,046 5 6 126,652 15 0 Ca. By Capital on Shares ... . 80,000 0 0 Ditto on Debenture ... 26,000 0 0 Ditto on Shares forfeited and Sundries 652 15 0 Ditto on 4 Shares proposed to be raised 20,000 0 0 126,652 15 0 REMARKS.-The Account No. I. is a copy of the last Annual Balance-sheet, with the addition of the explanatory figures in the inner column, and, with the Accounts Nos. 11. and 111., has been audited by the auditors of the company, Henry Vaughan, Esq, and James Farish, Esq. The Account No. HI., with the expenditure to June 30, in the ordinary course of business, would have been audited for the annual meeting in August, and then sent to the pro prietors. The Account No. IV. shows the intended appropriation of the new capital. The accounts of the company are open to the inspection of every shareholder. Mr. M`CALLIIM inquired what objection there would be to raising capital by means of the eighths, which, with the sale of the wharf, va,uld produce all the money they required. Surely there would be no objection to the creation of new eighths. What balance was there out of the money received, and what had become of the money received out of the eighths? The CHAIRMAN—The balance has been carried down to the works. Mr. APCALLUM—What balance is there now ? The CHAIRMAN None ;_ it is all appropriat e d. There was a balance of 9641. 3s. ld. on that account, which:had been carried to the account No. s—the cost of constructing the bridge. Mr. APCALLUM said, it appeared to him, that there was a balance of 1,3034 2s. 4d. on the first and second accounts. Then 10,0001. had been received on the May calls on the eighth shares, and 1,564/.35. Id. as deposits, making with the above balance 9,7384 19s. 3d. Then the wharf cost 8,524/. 6s. 3d.—its estimated value was 8,000/.—so that they could raise 17,7381. 19s. 3d. by these means, and without the aid of the new quarter shares proposed by the directors. It appeared engineersthatsat. hunatdi rers t t: h h Ne e l y ,roelrf,wkoh b rsea: a s, d lb, shal m 2i: aBo o nlo. more property I.os .objected o the than creation t h ey• o f required, n e w Bt agreed od. ; tclaim the iotne contractors rt ah p cet a ol i r d i su t g2 l orofoo the rtd; Company, o 0 1; 0 k r a l g n d together law j l u l s a t r urrd , They had to pay 3,161/. Os. 7d. to the bankers, and 9,0001. to Messrs. Jackson. Th ey had thus to pay • 18,989/. 11s. 3d., for which th e amount he had stated was available. He had discovered that there was en error of 300/. in the accounts. They wanted but little beyond the amount he had stated, and surely they could easily obtain money at interest from the bankers. They could get 17,738 1 . in a moment at 5 per cent. from any of the respectable banking houses. Ho submitted that the course he had pointed out was the proper one to pursue. Mr. EDWARD ELKINS then presented himself to the pabi,c assemblies were ruotirotintl the i t en e d p , a s_ meeting. He said he considered that the decision of the ng, Chairman with respect to the business of the meetieg was entirely wrong, and . whol1;• varsauce with the laws pose ed othYt other e 412 ho(iiifhtrcihonPt, completing g sh al:nh soulsadjourned a s ! I D l e t f t hrn(' eloeotil unfinished at the last meeting ; still it seemed to him that the directors bad to-day crinced a disposition to act fairly towards the shareholders ; but their confidence in them had been much shaken by the way in which they had acted towards them. However, if they had been unjustly suspected—if charges had been made against them which were without foundation, the appointment of a committee would at once set the matter at rest; and surely when they lifld been directly charged with mismanagement, with squandering the money of the shareholders, it was incumbent upon them not to hesitate for a moment to submit themselves to such an unobjectionable tribunal. They must either confirm or rescind the resolutions agreed to at the last meeting, and he considered that it was, therefore, competent for the meeting, nay more, that it was incumbent upon them to confirm in all its integrity, the resolution which they passed so unanimously at the last meeting.—(Cheers.) Little credit, however, was due to the directors for coming forward, after a lapse of fourteen days, and offering an inquiry, when they knew they could not withhold an investigation into the affairs of the company any longer—(Hear, hear)—but they accompanied this concession by a salvo, as they said " We must have a committee of our own."—(llear, hear, and cheers.) Nothing was more legitimate, or more common in the ordinary transactions of life, than for a committee of proprietors to be appointed to inquire into the financial position of a company, at the request of the proprietors themselves, without objection on the part of the directors, because they were merely the trustees for the shareholders, from whom all power emanated. — (Cheers.) For the sake of their own characters, they ought not to have objected to inquiry, more especially when a great body of the shareholders demanded it. It was one of the most astounding things he had ever heard in connexion with commercial matters that, after a body of persons had passed a resolution for the ap pointment of a committee, that they were incompetent to carry out their determination.—(hear, hear.) Why, the plan adopted by the high court of judicature—the Parliament—was to appoint committees of inquiry at all times and o n all subjects, and to take care that the mover was one of its mernhers—(Cheers)—and, there fore, be was perfectly justified by precedent and common sense in assertin g th at the decision of the Chairman was illegal—(Hear, h ear ) — and he called upon him to say that be was wro ng i n hi s conclusion; b u t, above all, he earnestly called up on th e s h areho ld ers to be true to themselves, and to s t an d b y those w h o , o ut of their own pockets, had brought thi s matter to it s present juncture. —(Cheers) The time had come for solemn and searching inquiry, and inquiry after a lapse of fourteen days was considered necessary, and due to the shareholders by the directors themselves. Presuming that the great body of the shareholders agreed with him, be should conclude with an amendment proposing the appointment of a committee; but, first of all, he wanted the shareholders to know what they had met to decide. The question they had to decide was simply this :—Should they support their former resolution, or stultify it by acceding to what the directors now propos e d?—(N o , no.) What, he would ask, had happened since the last meeting to induce the directors to otter that fraternal advice which they had to day? Then he should also like to know whether the letter issued by the directors was signed by Lord Devon, and whether upon their minutes it appeared that the conclave which issued it consisted, in addition to the directors present, of that Noble Lord, of Mr. Christy, Mr. Ford, and Mr. Seager, and other gentlemen?— whether they appro ve d of it, and, if they did not, as he apprehended, whether it could be considered as rather conveying the sentiments of the chairman and those actively engaged with him in the direction, than of those he had mentioned?—(Hear, hear.) He was not ashamed to confess that he was a lawyer— (Laughter) —and he should be unworthy of the profes sion to which he belonged if ho did not call upon the directors to uphold their decision. Let them look at the accounts which had been presented to them. He would ask Mr. Stuteley, who was a man of business— he would ask any one at all conversant with commercial matters, if the accounts were so clear and satisfactory that on the very face of them they would consent to the enormous powers sought by the directors ?—(Cries of " No, no.") He submitted to the meeting whether they ought not, in justice to themselves—in justice to the public—and in justice to the example of that society which formed an example to all the world, to support their decision. He understood, before he came into the room, that the directors intended to carry their pro. positions. The CHAIRMAN—WiII you give us your authority? Mr. QUIN—No, no, keep it. A DIRECTOR thought in honour that the authority for such a statement should be given. Mr. ELKINS said his honour was in his own keeping. The resolution at the last meeting was carried by a majority of 89, and surely that evidenced a want of con fidence. The amendment he proposed was to the effect, that the meeting considered it expedient to defer any decision on the propositions of the directors until the affairs of the company have been investigated by a com mittee of the shareholders, and that a committee of seven be appointed, with power to inspect all documents, books, and papers, and to call in the aid of an accountant if necessary, and to report the result of their decision to an adjourned meeting. He wished to know from the Chairman what course he should adopt, as from his mode of proceeding, he was unable to say how he should proceed ? The CHAIRMAN said it was not for him to advise him as to what course he should adopt. A SHAREHOLDER said, as the Hon. Proprietor had called himself a partizan, it would be well if he would state to what party he belonged. The CHAIRMAN said he would explain. He became a shareholder on Saturday last, by a transfer of shares from Mr. Varnham. Every one who was present at the last meeting must be aware that the lion. Proprietor was not present from the mistakes he had made. Mr. ELKINS admitted that ho became a shareholder on the preceeding Saturd a y ; but could any blame attach to him on that score?—(N o , no .) He admitted also frankly that he was on th e s id e o f those who had brought the matter to it s p resent sta t e .—(Cheers.) Ile appeared in no false col ours . H e con fidently submitted his motion to the app rova l o f the meetinHe said he was connecte d w i th both g.—(Cheers.) Mr. MoonE seconded th e mot i on w i t h gre at satisfaction. companies, and seeing that the cond uc t o f certa i n part i es had not con duced, and was un lik e l y to conduce, to the benefit of either, which wer e t wo no b le compan i es if they were properly manag e d, an d see i ng that that com pany was so much indebted to th e market company , and that its directors were end eavour i ng to injure that compa n y , he felt that he was di sc h arging his duty honestly to both by not only seco n di ng t h e motion, b ut ca lling upon the sharehold e r s t o g i ve i t their most strenuo us support. In effect they o ug ht to h ave been one conce rn, as their interests were clearly identical—(ear) — if they had comprised but o ne company there wou ld have been none of the je a l ous i es and illegal procee di ngs which had t aken place.—(Cheers.) He denied that t he y were ignorant of the p rocee di ngs of the director s, and of all that had taken pl ace; at any rate he h a d kept his re ports, and would read a few extracts to show the views of the directors from year to year. On the 2 d of Au g ust, 1838, they issued a very elaborate report, in which they stated " They hoped that the total cost of the bridge would be 105 , 00 0/.--(Hear hear)—in February, 1842, at the next meeting, the cost was stated to be the same; and in August, 1842, the probable cost was stated to be 102,254 Z In February, 1843, the Hungerford Market Company relieved them from their difficulties, and they repeated then that the cost would be no more than that originally estimated; but in August, 18 45, a ver y dif ferent report was present e d, an d they learned for the first time that all those sanguine expectations would not be realised, yet the report stated that the estimate of 1838 would be found to be as nearly as possible correct ; but how had that prediction been verified? The Chairman said the accounts had been regularly audited, but he had never seen any auditors names to the accounts.--(Bear.) There might have been one account which bad been audited. In August they f oun d that the cost would be 119,0001.; and therefore, as co-partners, a s the bridge v e e had proved a more advanta g eous speculat ion that was anticipated, he contended that there oug ht to be no secrets. When they knew that their increased liabi.ies the great lie thought they ought not to ha h e a r . ) dividend to seven and a half per cent. —( ted, as the The liabilities were greater than liies altogether and 21,0001. besides, making the fis h ' s t to understand 41,0001.—(Hear, hear.) He was at a why there sh o uld not be more cando ur losevinced on the Lwoaans.. stated, Commissioners owed 20,000/. to the Exchequer y statements to shareholders by presenting fallacious . Market _ Com. them. The directors of the Hungerford be lieved their never was a body proprietors, and he part of the directors, and why they.should deceive the pany had never deceived their unani mity prevailed.—(Loud cheers.) The bridge company ought not to have gone to law, ;when they must have in which so . much known that they could not offer a shadow of opposition (Hear, hear.) . lie called to the claims of the companY. — , state ment of the accounts.—(Bear, hear.) A VOICE—We will have it. _ upon the proprietors to demand a full , and succinct The CHAIRMAN then submitted the proposition to the n at the last meeting was majority, as stated by Mr. Elkins, not carried by a large . favour of it. as he gave the casting vote in meeting. He said the resolution Mr. FEw would leave the chairman to deal with the accounts. Ha contended that the meeting ould was not an adjourned one, if it had theybeenn oach only lt have met other. c for the purpose of looking at e wasi impos sible app to so utions for a similar purpose, when the s a n carried. He authority put forward this on his so barrister; he staked his opinion against that of the _ eitor who had sible for the proprietors t mo i v r e st or h s a e d co b n e d e r Ygeoso'cl)..pers;)Per y, their interests as just was simply addressed eo n t s h i e d m e t . e d Now, sqo e it s t a i g e t i lo a , r f e .p d a tort pasty._ I.i_m fare d that s t h o i s i t " and lt him.No , n T o h ,' ey an h d ad ‘' s identical.—(Cheers.) All they proprietors were id . sin cerely desired was to make their property as lucrative as it could be made, and he came there to d o hi s b est to promote that end. They were cal led upon t o s li se h arge without delay a liability o f 10,000/., but t hey had no thing in their coffers out of which to discharge it. If they did not pay 9,000/. of this immediately th ey would have to pay 10,000/., and surely it was better to pay 9 , 000 /. than 10,000/.— (llear, hear.) Then came the question h ow it was to be paid, and mi. less the directors had pu t that 10,000 /. into their own pockets and had only to ta ke it out again, he could not see how they we re to discharge this and other li a bili t i es, unless they gave them the means of doing so, He was of opini o n that they should raise but 10,000/.—(llear, hear)—but at the same time h e w as of opinion th a t they ' could not do with less, and therefore it wet useless for them to waste time in talking about each others cha racters ; instead of doing so they should consider calmly what was best to be done to promote the advantage of their propur!y.—(liear, he". Few • J Few lawyers knew much about figures, b u t i t „„ D d to I:ira that the eighths were available; but fi..., 1 - u e , ) ",:,.., not for the paytnent of debts, and it they werc, so nr:r printed he saould be the first to stop the dire,.t...irtu. injunction. They were created for the purpose of in h' a n ki )); approaches, They had had enough of ighting, a nd he PgrQc(l With bon, proprictors that th e , ~.,1 a— (' . J ". not mutt of law.—(Hear, hear.) lie had shown no avidity for law; but he wished them distinctly to understand that if they carried the amendment they would lose 1,000/.—(Cries of " No, no.") The time had expired when they should have paid. Mr: STAUNTON was surprised that Mr. Few did not support the amendment. He wanted to know what had become of the tolls. Why were they not carried to the payment of their debts; if they had pail them away in dividends, he thought they had adopted an unwise course.—(Hear, hear.) . . Mr. FIL:gORE said he had investigated the accounts, and he could not find account No. 1 in the books. Ile defied the directors to say that it was in the books, or that it had been audited.—(Hear, hear.) Lie had en deavoured to trace many of the other accounts, but he could not find them, and he was told by the officers that they could render him no other assistance beyond what the books would supply. He found a loan of 21,0001. by the Exchequer Commissioners, on which 2,5821. 3s. 10d. interest had been paid; also that there was 5,0001. due to the banker, on which 1,160/. 14s. 2d. interest had been paid.—(Hear.) This showed that some explanation was necessary. No. 5 showed the cost of the bridge to have been 118,0001., but there was stated to be a balance of 9641. in hand, which he could not find, and that and other items showed that an inves tigation by an independent body was necessary. but if it was to be made by the directors they might as well accept the accounts in their present shape. There must be a balance somewhere. Mr. FOWLER considered that the}• could not well go into the accounts at that meeting. they should th . Crefore appoint at once a competent tribunal to investigate them, and the object of the meeting was simply to select gentlemen to fill that office. The great question was, should they confirm or not the decision of the last meet ing ? if they did, the natural consequence would be that they must 'appoint gentlemen to carry out the resolutions. It would be premature to do anything until they had brought their labours to a close. _ . Mr. STUTELY said after what was stated at the last meeting it was necessary that he should contradict the assertion that that meeting was got up hr the Hun gerford Market Company. It was got up by those gen tlemen who for their own interests thought proper to create opposition to reasonable measures. The Hun gerford Market Company, on the sth of June last, were informed that a meeting was to be held for the purpose of creating new shares, and knowing that such a course, without duo investigation, would prove most injurious to the company, they ultimately determined to oppose it. He stand this be cause it was said that the amendment agreed to at the last meeting was drawn up before the report of the directors. They thought that was the most civil and the best way of prove eding. Several shareholders waited upon the Market Company-, and urged them to oppose such a determination on the part of the Bridge Com• pany; but he stated, at first, that that company would e matter. would lle injuretold b t e h t e h ai e that en. take he no additionalbelieved d roceediigs i sharest te the fin b d oa t r h d at he th c e on d ld ire d e o . nt p oe a rt i s i h i ieeds com panies, d. but nn oteth was sn n s gi t d l l i es e rd part r e t aw o f v very inconsistent thing to appoint a committee—(Loud cheers)—as it was the first and the best mode of determining a dispute be tween shareholders and directors. Although he had occasion to differ with Mr. Few, he entertained too high an opinion of his character to say anything disrespectful of him ; but he must say that he appeared to be one of those in favour of a committee—(llear, hear)—and, therefore, he could not see why he should not support the amendment as well as the resolution ; indeed, he saw no difference between the two. Mr. Jackson's claim must be paid, although there might be some doubt existing about it. The bridge had now been finished long enough to have enabled the directors to ascertain the exact amount of Messrs. Chadwick's claims. All charges for extras ought to be made out by this time. It was stated out of doors that their account would be greater than 2,0001., in fact twice as much; he, therefore, wished to know the probable amount. The accounts presented that day were the first that they had received, and none, save the chairman and direc tors, ever knew that they were incurring liabilities. TAsen there was no account of the tolls, and in fact no one looking at the accounts could tell whether they were competent to pay 1,2, 3,4, or 5 per cent. The Hun gerford Market Company furnished its proprietors with an annual statement of the accounts, in which any loss or increase was plainly sat down. For the future they ought to be simplified. He had never seen any account but the one he held in his hand with the name of an auditor attached to it. He should support the amend ment, because he believed by so doing that he was carrying out the feelings of the proprietors.—(hear.) Mr. LYS SEAGER said, on the part of himself and his colleagues, that he did not wish to shrink from the responsibility which attached to them during the time they were connected with the direction. Circumstances had occurred which would have rendered it most in decorous on their part to 4ve remained in the direction. lie believed, however, off inquiry, that the accounts would be found correct. Mr. FRANCE defied any one to understand the accounts except the p:xson who had made them out. This alone was a ground for inquiry ; but if they were found to be correct it would be most satisfactory to all parties, but at present little honour rested upon the directors. Mr. ELKINS briefly replied, and contended that no thing had been stated against his amendment. He, therefore, called upon them to ratify the resolution they had passed. No fundamental reason had been adduced to show that they should depart from their determina tion.— (Hear, hear.) The CHAIRMAN replied. lie said the whole time of the meeting had been wasted, as they were entirely mistaken as to the busi- Less before it. The directors had proposed the aeoprisoiisnttomfe ofir. f s a t u e t o e i m e y m , i theirt t ee , h r e i e a h t o they proposed pponent;mr. should lun‘ Mr. Lancaster, and Mr. Few. Surely they were as competent to judge the accounts as any one present. If they did not pass the original motion, they would lose no)—and it was only by persevering ap plications to Mr. Jackson that ho had consented to let the matter stand over until the present moment. Why should they endanger this amount for the sole purpose of getting up a sham fight?—(No, no.) He repeated that it was a sham fight. All the speakers against the directors were connected with the Hungerlord market, and all the opposition against which they had had to contend came from that body.—(No, no.) Mr. ELKINs solemnly declared that he was not ac tuated by any litigious spirit of opposition. The CHAIRMAN did nut include the Hon. Proprietor. The shareholders had a perfect right to demand in quiry—(llear, hear)—hut all he said was, "Do not injure the company in the meantime—do not lose a thousand pounds, and raise a fight for that which we concede."—(Hear, hear.) Then with regard to the estimates. The bridge had bceu increased one-eighth in size—from eleven to fifteen feet. He believed they lid state from 1838 to 1843, that the original estimate would not be exceeded, but nothing was done between these years—(Hear)--except buying the wharf, and paying rates to the market company for right of way. —(Hear.) The works were within a trifle of the esti mate, and the increased charges had arisen from the lapse of time, and from necessary alterations; and any engineer in England would come forward and justify it. One of the piers was more expensive than was antici pated, from the nature of its foundation, which Mr. Brunel stated was probable, but the other pier was less experience than was estimated, and there the gain in some measure counterbalanced the loss. '1 hey were indebted to the advances of their bankers for their success, and not to the kindness of the Market Company, who got as much as they could out of them, though he did nut mean to underrate what they had done. The tolls were not capital, but a return of their amount had been regularly published, and what they were expended upon. The lion. Gentleman then read returns showing chat this had been done. The whole claim of the con tractors was 3,5001., but 1,5001. of it had been paid. After some further observation, he concluded by trusting that the amendme n t wou ld b e withdrawn, as the resolution they proposed would answer the purpose sought by the amendment. 41 hands were held up for the amendment, and 27 against it; majority, 14. Mr. FEW then demanded a poll. The CHAIRMAN then proceeded to take the names pro and con. He stated that he should refuse any more shares than five on behalf of the Market Company, that being the number to which they were entitled by the Act. 11e stated that he acted on the authority of Sir Fitzroy Kelly and Mr. Hill. Mr. STUTELEY and Mr. FLOODGATE protested against this; and the last gentleman threatened to file a bill in Chancery immediately against the Chairman and direc tors in consequence. The result of the poll was this—against the amend ment, 136 ; for, 132 ; majority against it, 4. The original motion for rescinding the contract was then carried, but Mr. Stutely protested against it, on the ground that it was not legally carried. The other resolutions of the directors were then agreed to in the same manner, and a committee was appointed, consisting of Mr. Stutely, Mr. Few, Mr. Lan caster, Mr. Blunt, and Mr. Cope. Mr. FLOODGATE said, after what had taken place, he should take no further part in the meeting, and he should therefore withdraw, and he did so. The meeting, after passing a vote of thanks to the Chairman, adjourned at a quarter to five o'clock till the 12th of August. Mr. ELKINS handed in a protest against the whole of the proceedings. SERIOUS COLLISION ON TIIE BRIGHTON RAILWAY. —An accident of a serious nature occurred on the Brigh ton Railway between ten and eleven o'clock last night. The annual excursion of the Printers' Pension Society took place yesterday to Brighton, and all proceeded well, giving the utmost satisfaction to all parties until the re turn of the train, when, near the New Cross station, a collision took place. It appeared that a Croydon train was but a abort distance before the excursion train, and so near that the latter train was frequently slackened; but on nearing New Cross station, the engine of the excursion train ran with great violence against th e hinder most carriage of the Croydon train. The engine re bounding at the same moment against the long train attached to it, consisting of about twenty or twenty-four carriages, the shock was tremendous. The party was thrown into the utmost alarm. After a delay of an hour the train was again set in motion, and on its arrival at the terminus at London -bridge several persons were conveyed to Guy's and St. Thomas's Hospitals, where ass i s t an ce was rendered. One man bad his ribs broken, another his teeth knocked in, and fractures were numerous. A lady was very severely wounded. by being thrown from one department of the carriage to the next, ie r hetirl being much cut, nod it w feared that 1.1f.r tiiuti was fractured. Th e uccide i lt is suppo::ed to have arisett lion, the a:• sense of the red u r cau tionary light on the last carriage of the Croyd on train, which being stationary at New Cross leavin g P 2 acn gers, the engine driver of the following t ra i n wasno s i Swore that be was 50 close upon it. COURT CIRCULAR. A very full chapter of the Honourable Military Orde of the Bath was held at three o'clock yesterday afternoon in Buckingham Palace. The Knights Grand Crosses were robed in their splendid mantles of the order by Mr. Hunter and Mr. Ede. Each of the Knights wore the Collar of the Order. There were present his Royal Highness the Duke of Cambridge, his Royal Highness Prince Waldemar, of Prussia, the Duke of Wellington, Viscount Strangford, Viscount Combermere, Sir Edward Codrington, the Right Hon. Sir Robert Gordon, Sir James Hawkins W hitshed, Lord Strafford, Right Hon. Sir Robert Adair, Sir J. Willoughby Gordon, Viscount Palm( r s t on , Si r George Anson, the Earl of Minto the Earl of Auckland, Lord Aylmer, Sir Thomas Bradford, Sir Andrew Barnard, the Earl of Ellenborough, and Sir Harry Smith. The officers of the Order present were the Dean, the Dean of Westminster ; the Genealogist, Walter Aston Blount, Esq. ; Bath King of Arms, Algernon Greville, Esq. ; and the Gentleman Usher, Albert W. Woods, Esq. After having been robed, the Knights Grand Crosses, attended by the officers of the Order, assembled in the Green Drawing-room, where they were called over by Bath King of Arms. Her Majesty's pleasure having been signified, the Knights and officers entered the presence of the Sove reign in the Chapter (Throne) room. Her Majesty was seated in a chair of state, and wore the mantle and collar of the Order. His Royal Highness Prince Albert, acting Great Master of the Order, stood by her side, and also wore the mantle and collar. The Lord Steward and the Lord Chamberlain stood on either side of the Queen. The Chapter-room was lined by her Majesty's Honourable Corps of Gentlemen-at-Arms. By command of the Sovereign, the Earl of Dun donald was conducted to the Royal presence by the Earl of Ellenborough and Sir Harry Smith, the two Junior Knights Grand Crosses present. The Noble Earl knelt near the right hand of the Queen, his Royal Highness Prince Albert received from Bath King of Arms the Ribband and Badge of a Knight Grand Cross of the Order of the Bath, and her Majesty was gra ciously pleased to put the same over his Lordship's right shoulder. Lord Dundonald rising had the honour to kiss the Queen's hand, and having received from her Majesty the Star of the Order, withdrew. Sir Charles William I'asley was introduced between Bath King of Arms and the Gentleman Usher of the Order, the former bearing upon a crimson velvet cushion the star, ribband, and badge of a Knight Commander of the Bath ; Sir Charles, kneeling, had the honour of Knighthood conferred upon him by the Queen, and was afterwards invested by her Majesty with the ensigns of a Knight Commander of the Bath. . _ I6ar-Admiral Sir Hugh Pigot was introduced, and was invested by the Queen with tho ensigns of a Knight Commander of the Bath. The Knights Grand Crosses were again called over, and with the Officers of the Order retired from the pre sence of the Queen. The Court was attended by the Countess of Deaart, Lady in Waiting, the Lord Steward, the Lord Chamber lain, the Master of the Horse, the Groom of the Stole to Prince Albert, the Captain of the Honourable Corps of Gentlemen at Arms, the Captain of the Yeomen Guard. The Yeomen of the Guard lined the grand hall and staircase, commanded by the Exon in Waiting, Captain Kincaid. His Royal Highness Prince Waldemar of Prussia was attended by Baron de Laner, Count Oriola, and Couct Groe ben. The Queen's Guard, of the Coldstream Regiment of Foot Guards was on duty with the band of the regiment during the investiture on the palace lawn. The Queen and Prince Albert, accompanied by the Prince of Wales and the Princess Royal, took an airing yesterday in an open carriage and four. The Equerries in Waiting, Colonel Buckley and Lie utenant-Colonel Seymour, attended on horseback. Prince Alfred, the Princess Alice, and the Princess llelena, took their usual airings yesterday. Her Majesty and Prince Albert honoured the per formances of the French Plays with their presence yesterday evening. The Royal suite consisted of the Countess of Desart, Hon. Miss Murray, Hon. Miss Mac donald, the Earl of Ducie, Colonel Buckley, and Lieut.- Colonel Seymour. Her Majesty and Prince Albert inspected yesterday the magnificent diamond and pink pearl suite which Messrs. Hunt and Roskell have just completed for her Majesty the Queen of Spain. Their Royal Highnesses the Duke and Duchess of Cambridge gave a grand dinner last evening at Cam bridge House to his Royal Highness Prince Waldemar of Prussia, the Prussian Minister and Madame Bunsen, the Duke of Wellington, the Marquis and Mai chil ness of Ailesbury, the Marquis of Granby, the Earl and Countess of Wilton, the Earl and Countess Bruce, the Earl of Auckland, Viscount and Viscountess Comber mere, Viscount and Viscountess Falkland, Viscount Morpeth, Lord and Lady John Russell, Lord Foley, Baron de Laner, Count Oriole, Count Groeben, and Colonel Ashburnnam. SPORTING INTELLIGENCE. TATTERSALL'S—Mosui. THE LIVERPOOL CUP. 4 to 1 apt Dawson's lot 6 to 1 agst Sir William Stanley's Pic Nic—taken 7 to 1 agst Mr. B. Green's The Conjuror 10 to 1 agst Lord Eglinton's Plaudit 10 to 1 agst Mr. Meiklam's Inheritress 12 to 1 agst Mr. Wormald's Quadruped 15 to 1 agst Mr. Mostyn's Camera Obscure 20 to 1 agst Lord Chesterfield's Lady Wildair 20 to 1 agst Mr. Mostyn's Queen Mary. Of the horses quoted, Pic Nic, Plaudit, Inheritress, Quadruped, Camera Obacura alone were really backed : a few small sums were laid out on Lightning and Lady Wildair, but their starting appears to be doubtful. The Cossack, after being backed for several hundred pounds, was scratched at half-past nine o'clock in the morning. Geraldine is also struck out. LIVERPOOL. ST. LESER. 6 to 4 offered on Van Tromp. GOODWOOD STAKES. 7 to 1 agst Lord Chesterfield's Stultz. 10 to 1 agst Mr. Sainsbury's The Questionable 13 to 1 agst Mr. Isaac Day's Milliner 15 to 1 agst Duke of Richmond's Vampyre 15 to 1 agst Mr. Elwes's Miss Elis 20 to 1 agst Duke of Richmond's Lothario—taken 20 to 1 agst Mr. Sandford's Kimblesworth—taken Very little doing on this event ; the prices are nearly the same as last week. GOODWOOD CUP. 2to 1 agst Mr. J. Day's The Hero—t 9to 4 5 to 1 agst Lord Eglinton's Eryx—taken and aft. offd. 10 to 1 agst Mons. Aumont's Fitz-Emilius 16 to 1 agst Mr. Isaac Day's Sir Tatton Sykes We understand that 20 to 1 was laid agst Fitz Emilius at one of the club houses on Saturday, Ile does not look very " healthy." Asch Asch is declared not to start. ST. LEGER. 9 to 4 agst Mr. Pedley'a Cossack 13 to 2 agst Lord Eglinton's Van Tromp—taken to 1001. 10 to 1 agst Duke of Richmond's Red Hart—do. do. 16 to 1 agst Mr. Pedley's Foreclosure 2800 to 2000 on Cossack, Van Tromp, Red Hart, and Mr. Martin agst the field. DERBY. 25 to 1 agst Mr. B. Green's Flatcatcher—taken 30 to 1 agst Mr. Mostyn's Surplice—taken 33 to 1 agst Col. Peel's Sesostris—taken freely 40 to 1 agst Mr. B. Green's Beverlac—taken 45 to 1 agst Mr. John Scott's The Stinger—taken Even on Mr. Green's, John Day's, and John Scott's Lots agst the field. THE EBOR HANDICAP. The acceptances for this event are reduced to thirty two. The following horses having also been struck out: Rough and Ready, Fair Helen Little Jack, Mirmillo, and Catamaran. L ad y Tightleg re mains in. ACCEPTANCES. Yrs at lb 1 'Yrs st lb Pyrrhus the Pirst... 4 8 7 Crozier Mendicant 4 8 6,11a10 St. Lawrence a 8 3 Limestone I 3 6 2 The Conjuror .. .. ... 4 712 Milliner . ..... Miss Ella Grimston 4 710 Ellerdale Bourton 4 7 6 Bingham Arthur 5 7 5 Ulysses 3 5 8 Conspiracy. Woodpecker 4 6 12 Mathematician ...... 3 5 7 . _ _. Malt Duke of Kent ...... 5 6 7 Cast-steel Filly 3 5 5 Flahowlagh The Premier....... 4 6 6 Lady Tightleg 3 5 5 Forinualla . . 4 6 4 Sir Martin 3 4 10 Punch THE ORDER OF THE FAMILY REQUIRED IT. Another leaf from my scrap-book ; and you may be sure that I shall only state facts, derived from sources in the truthfulness of which I have implicit confidence ; and I say this once for all. A Christian woman from one of the slave states, a lady who, although a largefor slave-holder, sustains at this moment a r eputation piety such as few enjoy, and who,this in life, discharges every duty as in the fe.arteor,f who O also is lady holds now as a slave a Christian in most of the_ n t_tions in the household the place of cook is J ell that she was of irreproachable character, and holding .hsilattfolyr nivaainnyedyasearas servant. This cook was one day ahsosa ' load of company a_d j carriage -load dinner should be prepared. unable to leave her bed w itho n u at t s a o h r e u ri l r p ed , _• , a s n o d u t h y e e r t i n pitality required that a woman, then one of the family, sponsibility ; but . a nor far as she could, in getting dinner. None but the sick womthaegnroncoould be allowed to take the re volunteered to aid, so tto table t the mistress of the family and before cutting into a fine plate; placed before carefully cutoff and put chicken pie calledWh en forit a w n a was extra a n aside a few crumbs of the crust which was s li ghtly b ur ned on one side. After the company departed, this lady brought out the pieces of burnt crust, and, charg ing the mishap upon the cook, sent for the co ns t a bl e , and had the sick slave most severely whipped. She did this, although the lady who aided in preparing the dinner petitioned for her, and said she was herself most to blame; and although the woman was s 3 ill that her hus band had to lift her out of bed to take her whipping. And why did she do it? Because, as the mistress her• self said, the order of the family required it, and she had told the cook what she might expect if guilty of suet carelessness 1 1 If this be Christian slave-holding, what may not the poor slave suffer under ungodly men? Alas! we know but too well what some suffer." --Letter from W. E. Whiting, Esq., Merchant, of New York, and Treasurer 01 the American and Foreign Anti -Slavery So ciety, dated May, 1847. THE DUKE OF CORNWALL STEAMER. -- bed FAL MOUTH, SUNDAY EVENlNG.—lntelligence ha!erfsactide us that this steamer was got off by the b e e n veni towed g into from her perilous situation, and has bi e 9 no casualty Falmouth. She is strained considerz. y and tics re eel% ed injury to ha fare foot, happi lybut.ie tide rc.ce.2cd te) her passengers has occurrcd a . _ When 11 her coals and stores empty ca:-.ks fr.ata her chains were placed undo r her, ad . decks were attached at her bows, Sir Francois Drake steamer e was haul ed off, and ttaS were placed in lighters, and a j t with the sssistance of the em brought in here. LITERATURE. VANITY FAIR. By, W. M. Thackeray. Part VII. The story in this number retrogrades a little, and to account for the sudden appearance of Captain, Dobbin at Brighton, relates to us the unsuccessful attempts which he had made to mollify the father of- George Osborne. Old Osborne, on being informed. of George's marriage, returns to his own room to ruminate. " Behind Mr. Osborne's dining-room was the usual apartment:, which went in his home by the name of the ' study ; and was sacred to the master of the house. Hither Mr. Osborne would retire of a Sunday forenoon. when net minded to go to church ; and here pass the morning in his crimson leather chair, reading the paper. A couple of glazed book-cases were here, containing standard works in stout gilt bindings. The ' Annual Register, the 'Gentleman's Magazine," Blair's Sermons,' and ' Hume and Smollet.' From year's end to year's end he never took one of these volumes from the shelf; ' but there was no member of the family that would dare for his life to touch one of the books, except upon those rare Sunday evenings when there was no dinner party, and when the great scarlet Bible and Prayer-book were taken out from the corner where they stood beside his copy of the Peerage, and - the servants being rung up to the dining parlour, Osborne read the evening service to . his family in a loud grating pompous voice. No member of the household, child or domestic, ever entered that room witho u t a certain terror. Here he checked the housekeerer's accounts, and overhauled the butler's cellar-book. Hence he could command, across the clean gravel court-yard, the back entrance of the sta bles with which one of his bells communicated, and into this yard the coachman issued from his premises as i w n i t n o d a o w d . oc k io a u n r d t i O m s e b s o r a n e y s e w ar or e m a i s t s h t i ' v i r from n t in c a e p i aj e t ro t h e e n i t r t q o u g a r e t t e her rl a s i a l l o a w ry an;cea. n d G h e i s o r g e a s daughters a te b hr o ee y t ds o t h ut r e - hd ad lys been horsewhipped in this room many times ; his mo ther sitting sick on the stair listening to the cuts of the whip. Tee boy was scarcely ever known to cry under ' the punishment ; the poor woman used to fondle and kiss him secretly, and give him money to soothe him, when he came out. " There was a picture of the family over the mantel- ' piece, removed thither from the front-room after Mrs. Osborne's death—George was on a poney, the elder sister holding him up a bunch of flowers ; the younger led by her mother's hand ; all with red cheeks and large red mouths, simpering on each other in the ap- • proved family-portrait manner. The mother lay under ground now, long since forgotten—the sisters and bro ther had a hundred different interests of their own, and familiar still, were utterly estranged from each other. Some few score of years afterwards, when all the par ties represented are grown old, what bitter satire there is in those flaunting childish family-portraits, with their farce of sentiment and smiling lies, and innocence so self conscious, and self-satisfied. Osborne's own stately - portrait, with that of his great silver inkstand and arm ehair, had taken the place of honour in the dining• room, vacated by the family-piece. " To this study old Osborne retired then, greatly to the relief of the small party whom he. left. When the servants had withdrawn, they began to talk for a while volubly but very low ; then they went up stairs quietly, Mr. Bullock accompanying them stealthily on his creaking shoes. lie had no heart to sit alone drinking wine, and so close to the terrible old gentleman in the study hard at hand. _ An hour at least after dark, the butler, not having received any summons, ventured to tap at his door and take him in wax candles and tea. The master of the house sate in his chair, pretending to read the paper, and when the servant, placing the lights and refresh ment on the table by him, retired, Mr. Osborne got up and locked the door after him. This time there was no mistaking the matter ; all the household knew that some great catastrophe was going to happen which was likely direly to affect Master George. " In the large shining mahogany escrutoire Mr. Os borne had a drawer especially devoted to his son's affairs and papers. Here he kept all the documents re lating to him ever since he had been a boy : here were his prize copy-books and drawing-books, all bearing George's hand, and that of the master : here were his first letters in large round hand sending his love to paps and mamma, and conveying his petitions for a cake. His dear godpapa Sedley was more than once men tioned in them. Curses quivered on old Osborne's . . lived lips, and horrid hatred and disappointment writhed in his heart, as looking through some of these papers he came on that name. They were all marked and docketed, and tied with red tape. It was—' From Georgy, requesting 55., April 23, 18—; answered, April 25,'—or Georgy about a pony, October 13,'—and so forth. In another packet were— ' Dr. S.'s accounts'—' G.'s tailor's bills and outfits, drafts on me by G. Osborne, jun.' &e.—his letters from the West Indies—his agent's letters, and the newspapers containing his commission : here was a whip he bad when a boy, and in a paper a locket containing his hair, which his mother used to wear. _ ....._. _..... _ " Turning one over after another, and musing over these memorials, the unhappy man passed many hours. _ - His dearest vanities, ambitions, hopes, had all been here. What pride he had in his boy! He was the handsomest child ever seen. Ever y body said he was like a noble- man's son. A rot al piince;s had remarked him, and kissed him, and asked his name in Kew Gardens. What city man could show such another? Could a prince have been better cared for? Anything that money could buy had been his son's. Ho used to go down on speech days with four horses and new liveries, and scatter new slid- lings amoi g the boys at the school where George was : when ho went with George to the depot of his regiment, before the boy embarked for Canada, he gave the officers such a dinner as the Duke of York might have sat down to. Had he ever refused a bill when George drew one? There they were—paid without a word. Many a general in the army couldn t ride the horses he had 1 He had the child before his eyes on a hundred different days when he remembered George—after dinner, when he used to come in as bold as a lord and drink ff his glass by bis father's side, at the head of the table—on the pony at Bright on , w h en b e c l eare d t h e h e d ge an d k e pt o t ct h h e uel h dr u n u r, ti r cper a oß n d — eugc o ee n n ta theat finer t day h e y oe w uv h en e eg n , f llh e oe when a ll . a a s A p rsneti jsuepani n t w e e i d s t , i s t i this, this was the end of all I—to marry a bankrupt and fly in the face of duty and fortune! What humiliation and fury: what pangs of sickening rage, balked am bition and love ; what wounds of outraged vanity, ten derness even, had this old worldling now to suffer under! " Having examined these papers, and pondered over this one and the other, in that bitterest of all helpless woe, with which miserable men think of happy past times—George's father took the whole of the documents out of the drawer in which he had kept them so long, and locked them into a writing-box, which he tied and sealed with his seal. Then he opened the book-case, and took down the great rod Bible we have spoken of—a pompous book, seldom looked at, and shining all over with gold. There was a frontispiece to the volume, representing Abraham sacrificing Isaac. Here, according to custom, Osborne had recorded on the fly-leaf, and in his large clerk-like hand, the dates of his marriage and his wife's death, and the births and Christian names of his chil dren. Jane came first, then George Sedley Osborne, then Maria Frances, and the days of the christening of each. Taking a pen, he carefully obliterated George's names from the page; and when the leaf was quite dry, restored the volume to the place from which he had moved it. Then he took a document out of another drawer, where his own private papers were kept, and having read it, crumpled it up and lighted it at one of the candles, and saw it burn away entirely in the grate. It was his will ; which being burned, he sate down and wrote off a letter, and rang for his servant, whom he charged to deliver it in the morning. It was morning already: as he went up to bed, the whole house was alight with the sunshine ; and the birds were singing among the fresh green leaves in Russell-square." He then directs his solicitor to George informing him that 2,0001., which is his share of his mother fortune shall be paid to his order, but that henceforth George is to cease to con sider himself a member of the Osborne family: Rebecca manages to bring about (in the absence of Mrs. Bute) a quasi reconciliation between Rawdon, and his aunt; and at the conclusi on of this numbe r we leave Rawdon, George, an d Dobbin en route _ough f or, Belgium, to join the army which a f terw ards f oug ht f ter wards at Waterloo. THAMES. ING IN THE, EVENING.—This afternoon an WINDSOR, MO ND AY.I..Ie W. J. marlin, Esq., the coroner inquest was hel d D at the King's Arms, Thames-side, on LAMENTABLE CASE OF DROWN_ Julius Jacobson, of the firm of Jacob sonmerchants, Great St. Helen's, Bishopsgate- Brothers, la , w as un fortunately drowned yesterday after street, w n tfoh o re o bathingntbhowedhybioloerfouMgiriborough, at in the Thames, a short distance be low Windsor-bridge. Dr. Hermann Scherer, of 36, Half-Moon -street, Pic cadilly, the gentleman who accompanied the deceased, deposed as follows:—The deceased and I arrived in Windsor yesterday, and shortly afterwards engaged a boy to take us in a punt to a part of the Thames where there was plenty of room for swimming. I had no doubt the deceased could swim, as we had been bathing toge ther last week at Richmond. We told the lad we could swim. I first plunged into the water, close to the weir, from off the bank; the deceased shortly after following me. I soon after, while I was standing upon the w eir, _ saw him struggling through the stream, but I heartderh . utter no cry. I immediately sprung into the a l iinn :: his assistance, but was unable to reach him fo r of the our" rent. I found him sinking and exha u st ed• or two, in consequence of the rapid n u atm e z of his body to get hold of his shoulder, the wholehis w eight, and so being under water, but such my nwasatrength failed, and it deep was the river, that my and reached the shore, was with difficulty I saved Instion. The body was after wards managed when I fell down from exh_ e au withia a few yards whence wards found in a deep 1 were examined, and the t ls o l f " Accidentally drowned while jury returned a venue - I bathing." :11 lit sunk. Some other , ho le , Finn AT DocKnEAD.—Yesterday afternoon, be tween the hours of three and four, a fire of an alarming character was discovered on the premises in the occu pation of Messrs. Colley and Border, coal and charcoal merchants, 52, Shad Thames, Doekhattd. The flames when first perceived had obtained a firm hold of up wards of two thousand bushels of charcoal deposited in ono of the lofts. An attempt was made to extinguish the fire by heaving buckets of watt r upon it, but owing to the suffocat'ng gr.; from the burning material, the men were obliged to make a precipitate retreat. The trenr n, by dint ;if gre it exertion, succeeded iu getting the r. - ......t , •,.! over the ti:Lln,IL, but Ihq wc,,._ but entirely *V., 1 tioguibtied midi considerable damage was done. The 1 precise cause of the disaster could not be ascertained, bet 1 the prevailing opinion is that it originated spontaneously from the intense heat of the weather acting on the ober . C9 AL Win firm has ineUred in the Atlas FavVelges.....) 1 f I