The Express.
London, England, 1855-08-15 00:00:00

THE NEW TURKISH LOAN.

This Morning, at ten o'clock, a number of gentl♦
men sennested with the Money Market assembled by Levi-
tation et the Twists's Embasey, Bryenstone-equers, to beer
fres his EleaEdney, M. Mantras, a statement of: the tams
O a which it is proposed to negotiate the new lees et
6,000,000 L, the interest of which is guaranteed by the go-
ternments of England end Frazee.
Arsons thous present were Sir A. Spearman, representing
the Briusb government ; M. Hasidim, first secretary of the
}Wash Embassy, representing the government of Frans ;
the Governor and the D. pee of the Bomb of
Zeeland ; Buss Lionel RAbsehild, Berea Charles Meyer
Rothschild, of Frankfort ; Sir 1. L. Cioldssoid, Mr. Henley
Palmer, Mr. Junes Coos!, Mr Cohen, Mr. Lawrence, Mr.
Mr. Freshfield, Mr. Meuell, &a.
M. Muscat» reed the following
" PARTICPLAU OP Tlin PROPOSID LOAN.

" 1. The lout to be for flee millions sterling.
"2. The interest to be at four per cent. per aansa, pay-
able is equal moieties, halfleerly. oh the lit of Febraary
awl the Ist of August in every year, until the capital to
radiologist; the lint paymeat to bewail dee oa the Ist of
Febrauy, 1856.

3. In addition to the interest of four per ant., • sink-
ing had of one par cent. per annum, together with the late-
net on 10 mesh of the lean as shall from time to time be
redeemed, will be applied in redemption of the eapitaL
"4. The interest and linking fund are made a charge as
the whole revenues of the Ottoman Empire, aad specially
as the annual amount of the tribute of Egypt which remains
ever and above the part thereof already appropriated to the
tan et 3,000,00. I negotiated on the 24th Angnet,lll64, and,
mescovere, as the customs of Smyrna and Syria.
"6. The dee and regular payment of the interest issue-
/salsa" by Ragland and Preau, ceder the authority et the
Oft pima by the legialatarea of the two countries.
"6. The days of payment and the proportion of the um-
tektites to be pail are u follow:
" Oise before 22nd August lO per went.
„ 12th September
„ 20th October
~ 23rd November l6 „
14th December .
IP Ist January, 1666
ir 26th
"No discount will be allowed for bay payment is anti-
dpation.

" 7. AU snob payment, are to be made to the Bank of
Itaglead, and scrip receipts will be delivered by the Bank
to the satecriben, to be eachanged against certificates, with
coupons for the interest, whoa the whole instalments are
paid I. fall.

" B. The isterest, as it banning die, will be paid at the
Bank o: Esilaad.

"9. The ;eking fend will be applied from year to year,
ammencing on the Ist of August, 11159, either is the per
of certificates of the loan in the publio market, or, at
the option of the Ottoman Government, in paying elf et
psi such certificates as stall ha drawa by lot is the preempt
elite thief cashier and chief accountant et the Beak of
Maenad, on eons one day in the month of May next im-
mediately pleading the Ist of ♦ugust in ash yew, and
rotes soda of the numbers of the artificial' so draws
will be give% in the London Givotte, and is some sews-
papers simulating is London and in Paris.
" The interest on the eertiacatee so drawls, together with
the °vital, will be payable on the lit of August nest fol.
lorries such drawing, after which day all interest on the
tartlet:atm so drown will *ems altogether.
"10. Parties subscribing fir such lean must ester into
foatract with the Ottoman Minister for payment of the de-
itAlt sad of the several instalments.

"11. Is ease of tailors of payment of soy instalment at
the time appolatod for that purpeate, the deposit and all
prior histologists shall be forfmted for the envies of tha
Ottoman Government.

" 12. The Ottoman Closerameat shall have a right to
Mena at par the amount of the certificates then remising
unredeemed at the expiration of twenty years front the lit
of August, 1859.

" Ths Omen's minister will be prepared to remiss tendon
en the foregoing eesditioes for the loss at the Bank of Eng-
land, where such tenders inset be presented at 11 o'closk
precisely, an hfaaday, the 20th day of August.
" Loudest, Legate 15, 1865."
Priated sepias of the abem statement were distributed in
the reeve.

♦ gentleman inquired whether the whole loan wee to
be la ale ease ?

His izeaultrect replied la tlts dirmative.
Itir I. L. 001.1h11111) rseaarksd that the lafornstles Goa-
teased is the particulars was so fall, that thus will nally
tubing to uk.

The Oorsarios of the Bass of ENGLAND also obwmd
that gooey particular was gives that could be required.
• short est versatim thee took plan se to the period
w►ich was likely to elapse before the bonds meld be lased.
Sir A. &saurus remarked that there would be the
greatest despatch is seadlag them out, but of earn so
order could be gives to the primer until It was known what
would be the matt coaditioss of the loss, and the amebas
of the bonds; while the printer bad stated that after he
received this order It would b. at least a mat►
before he could begin to strike off the plates. Sir Ale:seder
farther observed, that the beads would ham to go before
Wee different geetleises is this. separate depertmeste, to
be signed, and that this would of MGM involve delay.
It appeared to be the gages! impressioo, that about
three mouth* most elapse before the blade could be ready
to be based.

Kr. J. Carat. said, all that be personally wasted was to
have t►e lees put as epee as practicable is a asalestable sos-
&ties, sad tbst jauntys might be earib'ed tem lONletlkieg
kr their mosey.

Tim interview thin terminated, having oecapied aboat
half as bar.

The Rev. John Farr, &A., has been instituted to
the Rectory of Gillingham, St. Mary and All Bouts, sad
Winton and Wardell sasozed, la Norfolk, en the pre-
meatstion of Robert Knipe Cobbola, Req., of &oilfield.
The Chair of Natural Philosophy in the Quen's
College, Cork, vacated by the return to Trinity College of
Professor Blum, who resumes his duties as Follow sad
Tatar, has his. conferred upon Mr. Eagbnd, the !Nasser
el Isgieesriag. fie is a graduate of Trinity Caws,
Dallis, a Ream Catholic sad Nephew of the Isle Dr.
&PA Renee Catholic Bishop el Chatham