The Express.
London, England, 1863-05-04 00:00:00

THE EXPRESS, MONDAY

Another development of the present spirit of
speculation is sufficiently remarkable to deserve
special notice. English financiers ere at last be-
coming fired by the spectacle of the vast profits
obtained by the Credit Mobilier Society of Paris,
and several attempt are being made to form simi-
lar associations in this country. We all know
that the French Society, during the ten years of
it existence, has enormously stimulated specula-
tion, and that it has paid an average dividend
of no leas than 16 per cent. per annum, in ad-
dition to the commission awarded by its statutes
to its successful administrators, who, for example,
received on this account during the past year a
sum of 52,0001. During the ten years, therefore,
the shareholders have received back the whole of
their ca:ginal paid-up capital, 2,400,0001., toge-
ther with a bonus of 50 per cent. on that
amount. The shares are now at about 200 per
cent. premium on the amount paid. The com-
pany boasts that throughout its career it has
steadily and very successfully developed the
public works of France, while in proof of
the gains that have accrued to those
who have trusted in it, • computation has
been made that the securities which it has put into
circulation are worth at this moment the almost
incredible sum of 25,000,0001. sterling in excess
of the prices at which they were, issued. To what
extent thee, material gains are neutralised by the
moral deterioration which the French nation has
undergone by reason of the passion for Bourse
gambling evoked ; and to what extent the Credit
Mobilier Society is iasponsible for that deteriora-
tion, are questions which we cannot now discuss
as they deserve. It is however certain that if all
that has been said against the Society on these
points could be demonstrated, a Company that
promised to distribute large profit by similar
means would receive unbounded support in this
country. Accordingly, more than one combination
for the purpose is already proposed. It is believed,
however, that, though there may possibly be
several competitors in the field, only one as-
sociation of a nature to vie with the gran-
deur of the Paris Society will be found
possible in London. Meanwhile, the eagerness
shown to subscribe to the capital of a new under-
taking, which, under the title of the London
Financial Association, appears to aim at a clan of
business offering the promise of unusual profit
accompanied by a proportionately increased risk,
confirms the view that a speculative ten-
dency is becoming more generally dissemi-
nated. Too much caution cannot be exercised in
a business of this kind. If money is abundant
now, we must not forget that the abundance arises
chiefly from the slackness of our regular business,
and that if the temporarily unemployed capital of
the cotton trade be locked up too extensively or
to tightly in speculative ventures, a crash will en-
sue when the signal is given—as given it will be
sooner or later—for the revival of this most im-
portant branch of solid industry.

WESLEYAN MISSIONARY SOCIETY.
(THIS DAY.)

The annual meeting of this society was held this
morning at Exeter-hall, and wee numerously attend't, the
platform beteg filled with ministers and the ball with the
lay members of the society. The Right Hou. Sir Jo-eph
Napier had been announced to preside. bat being prevented
doing so by indisposition Mr. JAIMS Haat% the treasurer,
occupied that position. A hymn haring been song and
prayer offered up,
The CIIAMILN opmed the business of the meeting with a
few appropriate remarks on the present healthy ootidition of
the Wealeyius body, adducing as one Matsui that though
they had palmed through a year of great privation and die.
tress, the funds flowing into the missionary fund had not
been at all diminished, compared with these of previous
I "s!..* . . _ _ _

iiiiffmcnwranr thee read the report, which detailed atgreat
kegth the operatics, of the society daring the year. The
total receipts of the society during the year hid ben
141,6381- 17s. ld., befog more than those received is any
fa _nor year, and exceeding those of 1861 by the sum of
4,3571. The pments dunes the year had amounted to
146,5371. 10s. 3d., being 4,894/. more thee the receipts,
which, sided to 1,531/. deficient on last year, loam an
amount due to the treasurer of 6,4291. &Doe the last an-
nual meeting 29 missiocaries Lod seven wives of missiontrir
have been sent out to foreign sod oolonial *s-
lims. Death had removed 10 missiouai:es sod
four wives of misionaries. The report then gave
the following recapitulation of the prompt poli-
tico of the Wesleyan body. The aumber of circuit, in con-
nexion with the society throughout the world were 605 ;
chapels, 4,618 ; ministers 889 ; paid agents and teachers,
he., 1,304 ; uocaid ditto, '15.371 ; free church mambos.,
142,789 ; on trial for membership, 13,304 ; eabbath and day
scholar, in the schools, 146,457 ; printing eatablishomots, 8.
Reports were then read from the foreign and colou4l
neentaries, giving a very satisfactory secorot of the state of
the missions abroad.

The reports were received and adopts d. and the meeting
was sidreened by the Rev. Mr. Prost, president of the con.
foresee, the Rev. Mr. Morley Punehos, and several other
leading ministers in the ononexion. a a a

Th• meeting closed with prayer, and • handsome collection
was made at the doom

Admiral Elliott, who commanded the naval forces
is China during the Ant China war, has been appointed to
the government of St. Helena ; and Captain Mame, who
acted as side-de-eamp to Lord Cardigan in the famed
Balaklava charge, will become governor of that smallest of
British ooloaies, Haligol►ad.

In the case of the City Police Bill, it is in the
power of the House of Commons to excuse compliance with
the standing orders if it think fit to do so ; but the Times
mush fears that " the acquieamoce in this impediment is
only &decent way of annouocing that the government does
not expect from the house support sufficient to carry the
bilL"

The Postmaster-General has entered into a oon-
tract with the Ropal West India Mail Company for the
performanee of the Wait India Mail wwvice, for a period of
six yens from the Ist of January next.
. _

The fund for the relief of thewidows, children,
and relatives of those who perished in the wreck of the
Orpheus already aloes& 8001. sterling, all received from
private sources. The committee who bare the masegernant
and distribution of the fund, at the Naval College in Porte-
month dockyard, are paying all allotments to widows sad
families for April as fast as their claims ere received.
Tag nuncios AND ma Nos WiDow,—Her
Royal Highness the Princess of Wa/es has 'set AL to Mn.
M.Nair, whose beahned loge his life in Dundee ors the llth
of March, in taking down a flag used in the nip:4day of
the 10th. The Hoe. Mn. Bruce. in forwarding the remit-
tance, states that "the Princess Ism bees truly grieved to
bear of her (Mrs. 11•Nalis) &Maim and of the manner in
which bar husband's death occurred."—Header Advertiser.
Ormuz. Arrourniarre.—Mr. Holloway, of the
Madras civil service, has been appointed a *see judge of
the High Court of Madras • Thomas Jarvis, req., has been
appo'ated a member el the Legislative Comical of the Island
of Antigua • Mr. N. A. Churchill, now oomol•gsoeral at
Beyrout, ha's been appointed 000sul.geaoral at Algiers ; Mr.
O. J. Eldridge, cooed at Errerouni, is appointed consul.
general is Syria ; Mr. R. Callender, woad at Elrod's, to be
consul at Erzeroans, the consulship at Rhoda will not be
fined up ; Mr. Proby is appointed unpaid vies-consul at
Florence.—Observer. _

srttr~rar terra
POLAND.—Yesterday afternoon
a numerously attended and enthusiastic public meeting wee
held on Blackheath, to express sympathy with the struglee
of the Poles to °beau' freedom and nationality. The
audience was chiedy composed of the winking claimer from
Woolwich, Deptford, end Greenwich, and the prooliodiege
throughout wen of the rood orderly description.
Tits Lars Ma. BOIMAIL —Th4l funeral of the
above lamented gestleama, formerly one of the moat active
arid seams members of the conservative party, took place
on Saturday foontoos at Brampton cemetery in a private
manor. The Right Hoe. the Chanoellor of the Exchequer,
the Right Hon. Edward Cardwell, the Bight Roo. Sir
Robert Peel, Bart, Mr. Lance, and Yr. ;War, Nil, wens
maw the fronds of the deceased who followed his body to
the ve as a last tribute of their regard. The late Yr.
was for marry ream the whipper-is of the meow.
Tali.* MAY. rod was appointed both in 1834 and is 1841,
in Sir Robert Peal's administrarson, storekeeper of the
Board of Ordnance. During the leet aim yams and up to
hie death be held the office of one of the special commis-
dopers of the peoperty tax.
Captain Lamella Wratall, the author of several
well-lusesra books sad a cootributor to many of the lite-
ivy Oettodiciale of the day, has sueoseded to the baronetcy
of hie aasle, Lest -Wesel W. lamellae Wraxall, who died
at Prey, Paris, ea Satarday bet (May 2ed).

Cbt Court.

0610aiia. MAY 2.
The Queen, accompanied by Princess Louis of
Hem, drove out yesterday.
Prince Louis of Hesse, atteuded by Lieutenant-Colonel
Du Plat, left Osborue for Loudon.

May 3.

The Queen, accompanied by Prinoses Helena and prince
Arthur, drove out yesterday. Lord C. Fitaltoy attended
on horseback.

Her Majesty, Prince Alfred, Primer Louis of HOSOO,
Princess Helena, Prioress Louise, Prince Arthur, and Prince
Leopold, attended Divine Service at Osborne this morning.
The Rev. G. Prothero officiated.

The Prima of Wale., attended by Major Teesdale, rode on
horseback on Saturday morning.
The Princer of Wale', attended by the Hoe. Mrs. Stonor,
took a carriage drive.

An addreni of congratulation eras presented at Marl-
borough House to the Prince of Wake upon his marriage,
from the County of Kilkenny, by Colonel the Right Hon.
William Tighe.

The Prince of Wales and Prince Louis of Here were
present as the annual dinner of the Royal Academy on
Saturday. Their Royal Highnesses were attended by
Lord Alfred Hervey, Lieutenant-General Knollys, Major
Teesdale, Lieutenant-Colonel du Plat, and C►ptain Wester-

The Princess of Wales, attended by the Hon. Mrs.
Sionor and Lord Harris, honoured with her presence Her
Majesty's Theatre, where her Royal Highness was joined is
the evening by the Prince of Wales and Prince Louis of
Hama The Prince of Wales sad Prince Louie afterwards
went to Burlington House.
Yesterday morning the Prince and Princess of Wales
attended divine service in the Chapel Royal, St. James's.
The Communion service was read by the Bishop of London,
Dean of the Chapel Royal, and the Sub-Dean. The sermon
was preached by the Snb-Deae, who took his tent from the
god of Corinthians, chap. 5, verges I and 2. The anthem
was, " Praise the Lord, omy soul !“--Ooss. Mr. Goss pre-
sided at the organ.
The Prins and Princess of Wales visited the Duchess of
Cambridge at her residence at Kew.
Prince Louis of Hesse, attended by Lieutenant• Colonel
Du Plat and Captain Westerweller, left town for Osborne.
Mr. Theodore Jensen was honoured with a sitting on Se-
turday, at Marlborough House, by the Primes, of Wales,
for the purpose of taking her royal highoese's portrait.
Prins Alexander and Prince Henry of Hesse left London
on Saturday evening, on their return to the Cootineot.

A Cabinet Council was held on Saturday, at
the official residence of the First Lord of the
Treasury, in Downing-street. The Ministers pre-
sent were Viscount Palmerston, Earl Granville,
Sir George Grey, Earl Russell, the Duke of New-
c. idle, Earl de Grey, Sir Charles Wood, the Chan-
cellor of the Exchequer, the Duke of Somerset,
the Right Hon. T. Milner Gibson, Lord Stanley
of Alderley, and the Right Hon. C. P. Villiers.

A deputation relative to the intiemption of the navi-
gation of the river Shannon by the erection of the salmon
webs, hag and stake nets in it, had an interview with Via.
count Palmerston on Saturday.
Despatches were sent on Saturday from the Colonial-
Aloe to the Governors of Gibraltar, Malta, Ceylon, Hong
Hong, Labuan, North American Provinces, and to the Lord
High Commissioner of the lonian Islands.

THE ROYAL WEDDING PEEBENTIL—We Are re-
quested again to state that the wedding promote will not
remain for inspection at the South Kensington Museum
after this evening. The brooch and embed to be presented
by the ladies of Bristol were sent to the South Kensington
Museum on Saturday. An announcement appeared in the
papers on the 23rd Apni that the towels which were re-
quired for the personal use of the Princess would be re-
moved, and since Saturday, 25th, the large placards
were placed outside and about the Museum strains( that the
jewels were removed. Notwithstanding these notices some
persons appear to bare been disappointed at not finding
them with the rest of the wedding presents which are still
them

We read in the Patriot :—" When the Rev. Dr.
Fletcher, of Stepney, forwarded to the Queen a oopy of •
sermon which be preached on the occasion of the birth of
the Prince of Wales, it was returned to him with a letter
from the Lord Chamberlain's office, saying that it could not
be presented to her Majesty because its author was a dis-
senter! The twenty years that have elapsed between the
birth and marriage of the Prince have altered all th►t.
Copier of Mr. Carlisle's sermon [on the marriage of the
Prince of Wales] were forwarded to her Majesty and to the
Prince, and in both cases they were graciously accepted.
The sermon bears upon the face of it proof of its noncon-
formist origin, and has something to say about cor.gregs-
tionalista and their policy ; but the palace is no longer
barred against the approaches of disseeters, whom her
Majesty recognises as not the least loyal or attached moiety
of her subjects." . _

On Saturday evening Burlington House was again
thrown open fora concreteness; held by Oebersl Sabine,
as President of the Royal Society. The Prince of Wales
and the Priooe Louis of Hesse were received by the Presi-
dent ; Dr. Sharpey and Professor Stokes, secretaries ; Sir
Philip Egerton, riee•prsident ; and Dr. W. A. Miller,
treasurer of the Royal Society. The reception-moms were
furnished with interesting scientific apparatus in operation,
and numerous objects illustrative of different branches of
art.

Viscount and Viscountess Palmerston will enter-
tain the Duke of esmbridp at dinner on Saturday evening
next. Visoountess Palmerston will afterwards have an
assembly. _

The Countess of Soutbesk gave birth to a
daughter on the 29th ult.

Sir Lawrence and Lady Palk entertained a party
of friends to dinner on Saturday evening, at their residence
io Eatoo•egeare. Lady Palk afterwards had an evening

Sir Archibald and Lady Alison have arrived at
413, Itatirmliato, tram Neil Haw, Immurksbire.

The Countess Frances Waldegrave and Mr. Chi-
chester Fortino, IL P., entertained at dinner on Saturday
evening, at their residence in Calton-prdsiss, hia Excel-
lency the Prussisn Ambusalor and the Countess Bernstorff,
the Earl and Countess of Morley, Viscountess Naval, Vis-
count sod Viscountess Enfield. the Right Hon. Sir Harnil.
ton and Lady Seymour, the Right Hon. Henry Herbert,
M.P., and NIL Hainan, Hon. Frederick Byng, Mrs. Staple.,
General and Mrs. Malcolm, Hon. Henry Eliot, Mr. Bernal
Osborne, ILP..

The assembly held by Viscountess Palmerston on
Saturday evening wee very numerously attended. Previously
toil= reception Lady Palmerston entertained at dinner Count
Pahlen, the Countess (Dowager) of Tankerville, the Earl of
Liatowel, the Counter of Shaftesbury and Lady Victoria
Ashley, Viscounts= Jocelyn rod the Hon. Mines Jocelyn
(two), Lord Loodeaborougb, Colonel the Hoo. Strange Joee-
lyn and Mrs. Jocelyn, Hoc. Lionel Wingfield, Hon. Captain
Fit==Noce, Has. H. Cowper, Hon. Evelyn Ashley, Mr.
H. Fleming, Mr. F. Oliphant, Stc.

We hear that lady Beatrioe Violet Graham,
daughter of the Duke sod Duebees of Mostrose, is about
to be married to &r Ivor Bartle Guest, Burt., of Dowlais
Court, Glemorpasbire.

The Royal Thames Yacht Club lately elected,
aasahnously, Lord Alfred Paget their commodore, but
then proceeded to elect an entirely new set of ricers to act
with him, " excluding," rye hie lordship, " most of those
gentlemen with whom I had acted for so many years, and
held in such great esteem ; this, without a word of non.
palliation with their commodore—s oceutesy which has for
tray years past been invariably extended to use. I have
felt under these circumstances that, however painful to
myself, it was only my duty, both to myself and my late
colleagues, respectfully to decline the honour conferred
cm me."

It appears from some correspondence which has
pained between Kr. T. Collies, Jun., sad Mr. K P.
Bouvet* that the latter hon. gentleman has regretted that
any words of his, spoken in the hest of discussion in par.
Lamest, should bare givers pain, or have conveyed an
Imputation which Mr. C Mins or bis friends might think
olfeedva. "After I had spoken them," vertu. Mr.
Sourer* " I felt that I hey ought muse you ansoyanee,
and, se you are aware, immedi►tely afterwards expressed
worbidly to you my hope that they had not done so. I
understood from y,et that they had not, or I should then
have expressed my regret ; hut as subsequent reflection has
led yen to fell as you now erit tome, I have no hesitation
in asersiegyen ot that feint."