The Express.
London, England, 1853-02-15 00:00:00

LONDON, TUESDAY, FEBRUARY 15.

LORD CRANWORTH'S programme of Legal Reform
is somewhat of the scantiest. His speech, indeed,
was rather an apology for doing little than a promise
to do much. The earlier portion of his address was
occupied with au elaborate statement of the benefits
already conferred on suitors by the Common Law
Procedure Act of last session. With allowable com-
placency he dwelt on the abolition of a vast variety
of unnecessary proceedings,—on the reduction of the
cost of recovery in undefended actions, on the faci-
lities given for serving process on parties
abroad,—and on the increased resort of the
public to the improved tribunals, as proved by
an increase in the number of writs issued between
the 25th of October, 1852, and the 25th of January,
1853, and the corresponding period in the preceding
year—au increase amounting to about 20 per cent.,
or 23,000 writs against 19,000. Lord CRANWORTH
also alluded with considerable satisfaction to the ease
with which the new practice had been incorporated
with the old, and the absence of that confusion and
perplexity which the opponents of the change had
predicted as amongst its inevitable results.
From all this he drew an inference which
appears somewhat extraordinary. The natural
and fair conclusion from this admitted success would

seem to be that if the interests of justice have so far
benefited from the comparatively limited abandon-
ment of technicality involved is the Common Law
Procedure Act, they would benefit still more by a
further advance in the same direction. If fees to a
certain extent reduced, and forms to a certain extent
simplified, have, without a single inconvenience or
drawback, brought more suitors into our courts, and
euabled us to administer law without caricatunng
justice, or sacrificing the substance of right to the
mere shadow of technicality—this is surely an argu-
ment to prove that we may safely advance with still
greater boldness on the same path—that we need
not be fearful of still further diminishing cost
and still further increasing simplicity. This is not
the way in which the matter strikes Lord CRAW-
WORTH ; he seems somewhat alarmed at the extent
of good that these beneficial changes have effected ;
and, after enumerating the various advantages that
have attended their introduction, remarks with a
certain degree of naivete, that " if there were no-
thing more to deter him from legislation on the sub-
ject, these facts would be quite enough to warrant
him in saying that he would not attempt to intro-
duce any further reform." Fortunately, the AT-
TORNEY and SOLICITOR-GENERAL are of another
mind in this matter; they are, as Lord CRANWORTIL
informs us, in conjunction with the rest of the
Common Law and Chancery Commissioners, pro-
ceeding to make farther suggestions and important
changes.
Upon some most important points it is consolatory
to find that Lord CRANWORTH'S views are not anta-
gonistic to those of the Commissioners. Upon the gene-
ral question of the fusion of law and equity indeed he '
declines committing himself to any positive opinion ;
but he gives his distinct adhesion to the doctrine that
when a suit is commenced in any court that court
should be able to give all the relief that the nature of
the case admits of, and that parties should not
he handed over from one tribunal to another.
With this view his Lordship must bo taken as ap-
proving of the recommendations which he states to
have been made by the Commissioners, to the effect
that the Courts of Common Law should be clothed
with powers they do not now possess, of decreeing
by mandamus the specific performance of contracts,
and staying by injunction parties who proceed in
defiance of a writ. With regard to another recom-
mendation of the Commissioners, namely, that, by

consent of parties, causes shOuld bi tried" in
the Superior Courts as they are now in the County
Courts, by a single judge instead of a jury, Lord
CRANWORTA dissents from it on grounds of popular
and constitutional principle, which are at all events
entitled to consideration. In the County Courts it is
found in practice that trial by judge is the
rule, trial by jury the exception. This unquestion-
ably proves that in the majority of civil cases, where
the questions involved are mainly questions of ac-
count, the arbitration of a single man of superior
attainments and unquestionable integrity is preferred
to that of several, whose honesty may be as
great, but whose habits of business or powers
of concentrated attention are inferior. It
does not follow that the same consequence
would ensue in causes where character is at stake,
—where the passions are deeply involved,—or where
the decision turns on matters of mercantile usage
with which a jury of mercantile men is more peen-
liarly conversant. Lord CRANWORTH evidently ap-
prehends that the effect of the proposed change
would be virtually to abrogate the function of the
jury in civil causes—a consequence which, for the
reasons he so well suggests, we should think very
dearly purchased even by the igreat advantages of
increased rapidity and increased certainty of adjudi-
cation.

Passing from Common Law to Equity, the charac-
ter of Lord CHANWORTH'S observations is still of rather
a negative kind; he praises what has been done, he
disclaims any intention of wishing to proceed further
in the direction which has produced the 'improve-
ments he praises. As a measure of the degree of
improvement effected, he tells us that an unopposed
order in a legacy suit which, in the good old times of
ELDON, would have cost 541., and, under the miti-
gated sway of Lord COTTENBAK 231., may now be
done for 131. At this rate there is good hope for our
grandchildren. Upon the very important subject
of testamentary jurisdiction, the tone of his Lordship's
remarks is anything but satisfactory. In as far, in-
deed, as he admits the expediency of referring all will
causes to one court, and of enforcing probate in the
case of all wills alike, whether of realty or of per-
sonalty, he has, of course, our most entire concur-
rence. We also agree cordially is the remark that there
is no case for further inquiry in the matter, although
we cannot concede that thereport of the Commissioners
of 1832 is to be any guide for the legislation of 1853.
Ike truth is, that although the information col-
lected by that Commission is most valuable, their
report is by no means up to the exigencies of the
present time. We require something far bolder and
more sweeping; above all we arc now in a position
to avail ourselves of local judicatures—the exist-
ence ofwhich was a mere matter of doubtful spe-
culation at the date of the report of 1832. But
that which we think most objectionable, in this por-
tion of Lord CIUNWORTIeS address, is the spirit in
which he referred to the possible injury that might
be inflicted, by any bold and decided change, upon
the present practitioners is the Ecclesiastical Courts.
"Such alterations would be doing a great hardship
to many innocent and worthy persons." "We must
not make the reform of the law a pretext for in-
justice to a very large class of persons." It
was to be hoped the day for this had gone by.
No man, and no set of men, can have a vested inte-
rest in a system that works mischievously to the gene-
ral interests. The most innocent and worthy of
mankind, if they have the misfortune to be the
ministers of such a system, may, and no doubt must,
suffer from its extinction, but that can form no
argument for its perpetuation. Lord CRAM-
WORTH can earn no character as an earnest
I law reformer as long as he allows the prospective
hardships of the JENNERS and the FUSTB to stand in
the way of the introduction of changes, for the want
of which " many worthy and innocent men" all over
the kingdom are now daily cursing the tediousness,
1 the vexation, and the oppression of the law. With
regard to the law of divorce Lord CILANWORTII ex-
pressed a strong opinion that some change should be
introduced, and a decided intimation that, as a Com-
mission was already sitting on the subject, he should
, consider himself dispensed from making any de-
, finite proposition.
Up 'o this point of his address the Lotto CHAN-
CELLOR had merely stated what be should not do :
I now for what ho will do. Three things it ap-
-1 pears. He will re-introduce Lord CAIIPBELL's Bill
I for the Registration of Titles—propose a new

and we trust amended bill for the regulation o:
charitable trusts,—and issue a Commission for the

purpose of codifying the general body of the
statute law. We must reserve for a separate occa-
sion our comment on these most important propoei•
lions, contenting ourselves for the present with the
expression of an opinion, that except on some special
point, the law reform programme of Lord CRAN-
WORTH bears upon it a stamp of indecision and
incompleteness likely to foster opposition without
stimulating enthusiasm, and disappoint friends with-
out disarming foes.

THE CAPTURE OF PROME AND PEGU.

We have received from the Admiralty the follow-
ing despatches descriptive of the operations of the naval
and military force employed in the capture of Proms and
Per,

(Copy.)
Fox, at Ronfroon' Dec. 24, 1852.
Sir,—Referring to my despatches dated the 11th of Octo-
ber, and 25th of Nov., Nos. 60 and 91 of 1852, respecting
the occupation of the cities of Prone and Pegu, 1 request
you may be pleased to lay before my Lords Commissioners
of the Admiralty the inclosed copies of two notifications
published in the Gagettl., cmveying the approval of the
Governor-General of India in Council of the i roceedings of
the naval force on these occasions.

I have, &c.,
(Signed) Gaoasa R. LAMBERT,
Commodore lit Class, Commander-in•Chiet.
The Secretary of the Admiralty.

( British
The Burmese attack the garrison at I'egu, and
besiege that city, but are driven away by a combined
naval and military force.
Fox, at Rangoon, Dec. 18, 18d2.
Sir,—l have the honour to request you will be pleased u.
inform the Lords Commissioners of the Admiralty tuat
shortly after my return from Prome on the 6th inst., I
learnt that a large fleet which the military authorities had
sent up to Pegu, laden with commissariat stores and
bullocks, under the charge of 24 Sepoys, bad been attacked
and burnt by the Burmese, a havildar and three of the men
being killed, the remainder having by some means reached
Pegu, with the loss of their arms and accoutrements.
Considering it desirable to keep open a communication
with the garrison at Pegu, and being anxious to ascertain
the true state of things, l sent Com. Sbadwell, of H.M.S.
Sphynx, with the boats of the squadron specified in luelo-
sure A, on the Bth last. on that service.
1 he day after his departure a letter was brought to Ran-
goon by a friendly Burmese, who found the greatest diffi-
culty in escaping from Pegu; Major Hill stated he was
surrounded on all sides, and hardly pressed, and that his
ammunition was getting very short. On receipt of this in-
telligence, Major-General Godwin decided on sending two
hundred and fifty European troops to Pegu, and they em-
barked on the Nerbudda, and left the same evening in com-
pany with a force of armed beats from the squadron under
Commander Rowley Lambert.
On the 4th, Commander Shadwell returned from Pegu,
having failed to communicate with the garrison ; on reach-
ing the usual landing place he was received by the enemy
with a heavy fire, and on landing he found the Burmese too
numerous to contend with; he therefore deemed it prudent
to return, having in a very short time had four men kited,
and twenty-eight wounded. Amongst the latter two offi-
cers severely:—via., Mr. Pocock, mate of her Majesty's
ship Fox, severely, Mr. Cookson, midshipman of her
Majesty's ship Sphynz, very severely, and his coxswain
was shot dead by his side. A return of the casualties on
this occasion is inclosed, marked B. On his return he
meets the Nerbudda, but being quite uncertain as to the
extent of the force he would bee:posed to, he determined to
bring them back.
Immediately consulting with Major-General Godwin, who
determined to go himself to Pegu with a considerable
force, I appropriated for this service the Nabamuddy
and Nerbudda steamers, and a number of native cargo
boats the long boats of the transports and the boats of the
squadron.
Before ten o'clock that night Captain Tarleton had em-
barked one thousand and fifty men composing the land
force in the boats, and left Rangoon for I'egu, the armed
force under his command belonging to the squadron is en-
closed in enclosure C.

The steam vessels Mahamaddy and Nerbudda had both
been disabled, but through the activity and abilities of Mr.
Berry, the superintending engineer, they were temporarily
repaired, and fif sjor-Genersl Godwin having embarked with
four hundred more Europeans in these vessels, started next
morning.
A land force under Colonel Sturt, of the 67th Regiment
of Bengal Native Infantry, marched far Pegu, leaving Ran-
goon on the morning of the 13th.
I will now refer their lordships to Captain Tarleton's
tter of the 16th inst., for details of the naval operations at'
Pegs.
1 fully coincide with the encomiums expressed by C .p-
-tain Tarleton respecting the officers and seamen of the
squadron serving under his orders, who on this occasion
have been actuated by the same gallant and cheerful spirit
to fulfil their duty that they have displayed throughout
the war. I have, dm,
(Signed) Geo. R. LAMBERT.
Comm lore First Class, Commander-in-Chief.
Augustus Stafford, Esq., Secretary of the Admiralty,
Whitehall.

Memorandum, showing the force of the expedition to
Pegu :
11 M.S. Sphynx boat, Commander Shadwell, four men.
11.21 S. Sphyaz—Starbosrd paridle•bos boat, one 24-

pounder, howitzer ; Mr. Edgar Cookson, midshipman . • 15
men, sir marines. Port puddle-box boat, one 24-pounder,
'swifter ; Mr. Arthur Morphy, master's assistant ; Mr.
John F. Johnson, assistant-surgeon ; 15 men.
H.M.S. For—Pinnace, one 12-pounder, howitzer ; Lieut.
Mason ; Mr. Hudson, midshipman ; 15 men, six marines
Barge, one 12-pounder, howitzer ; Mr. Pocock, mate ;
Lieut. Nightingale, R.N. ; 13 men, sir marines.
H.C.S. Mooruffer—Peddle-box bast, Nu. 1, one t 2.
pounder, howitzer ; Lieut. Robinson, I.N. ; the boat-
swain ;21 men. Paddle-box boat, No. 2, one 12 pounder,
howitzer ; Mr. Templar, midshipman ; an apothecary ; 20
MIL _ _

Total : 133 oaken and men, accompanied by Captain
Malloeh, Bengal Artillery, and 12 artillerymen in two
cargo boats.
(Signed) C. F. A. SasowsiL, Commander.

(Copy)

H.M S. Fox's gig, in the Pegu river, Dec. 16, 18.52.
Sir,—l have the honour to inform your Excellency that
in pursuance of your instructions. at two pim. of the 11th,
that fourteen hundred men, under the command of
Major-General Godwin, should be embarked with the
greatest despatch from Pegu. and, placing Commanders
Shadwell and Lambert under my orders, I put myself in
communication with the Quasterma.ter G l's depart-
ment, and, after ascertaining the number of native boats
that could be supplied for the conveyance of troops, stores
and provisions, with Commander Lambert's assistance, I
embarked 1,060 men in the boats, and left Rangoon at 11
p.m., leaving Commander Shadweli to follow in the steamer
with Msjor-Gen. Godwin and the remainder of the troops
I proceeded with the boats up the Pegu river, and about
two p.m. on the 12th, when about two-thirds of the dis-
tance, I bad the satisfoiction of communicating with the
major-general on board the Nerbudda, and to observe the
Mahamuddy following the former vessel, preceded us up
the river.

At the end of the flood tide at 8 p.m., the boats were
anchored within hail of the steamer, twelve milts below
Pegu. On the morning of the 13th, the Nerbudda lead-
ing, I proceeded with the boats, and happily arrived so as
to be able to effect a simultaneous lauding of the troops
about five miles below Pegu, and half a mile from the first
stockade, at 7 a.m. The hlshantuddy not appearing, and
the General having exprened his intention to me of wait-
ing the arrival of the troops en board her before he ad-
vanced, I proceeded in the Nerbudda to bring them up. I
found the Mahamuildy where we had anchored on the pre-
vious evening, she having been detained by a broken rudder
head. I immediately transferred the troops to the Ner-
budda, but by this time the water had fallen so much, that
she was compelled to wait fur the fined tide to proceed, and
did not reach the place of disembarkation till 9 p.m. The
troops were landed from her at 4 a.m. on the 14th, and at 7
the army advanced.
I appointed Commander Shadwell to take command of
two of t: e boat's guns, fitted as field pieces, with 75 men
I to drag them, t.) accompany the force.
Commander Lambert assisted me in the protection of
the steamer and boats. _ .

At noon. some of the camp (Mowers having straggled a
short distance from the bank were fired at from a poongie
house in our vicinity. Two were taken, and the others
pursued by the enemy, who evinced an intention of coming
down to 'Us& us. I immediately landed all the disposable
men, leaving naly sufficient to work the guns, and the fire
of a few shell and rockets served to cheek their advance.
At this time the Nerbudda, on the falling tide, had unfor-
tunately grounded on a stake, and her two foremost com-
partments filled with water. It became necessary to pu:
her on shore to repair the damage. To move from our
position was, therefore, impossible, and I proceeded
to strengthen it by landing some rockets, felling
trees, and throwing up entrenchments. The march
of the army to the eastward of the Pagoda
had left the enemy in possession of the lower defences on
the river bank ; and I was sensible that he kad it in his
power greatly to annoy us He reconnoitered our position
with a few horse, in the evening, but did not further
molest us. At 2 p.m. I had the satisfaction of observing the
preconcerted signal that the army had forced its way into
the Pagoda, which intelligence was confirmed to me by
Commander Shadwell, on the morning of the 15th.
In the evening, this officer returned with his party of sea-
men and a guard. He informed me of the river b ink being
cleared of the enemy; and it is therefore my intention to
move up with the boats with the morning flood tide. I
reconnoitered the river defences now evacuated, acid am
only surprised that Commander Shadwell should have been
able to pus and repass them in lu. late attempt to commu-
nicate with the garrison at Pegu. They are, for the pur-
-1 pose, of the most formidable description, and completely
command the passage of the river for the distance of nearly
five mile.
Your Excellency, knowing the nature of the service that
has been performed, will appreciate the real of both ale, T,
I and men who have carried it out ; but 1 feel I should 1141
in my duty to them if I did not bring to your notice the
exertions made by Commander Shadwell and the men
under hint in taking the guns a distance of eight OS nine

miles through a difficult country, under an .relent suu ; by
Commander Lambert and Lieut. Mason, It N., and
Robinson, 1.N., and Mr. Freeman, master 1.N., in their
constant attention and watchfulness in bringing up so large
a convoy in the boats. Lieut. Robinson was afterwards
attached to the gun party, and Mr. Fre,:uan was moat
useful to me in directing our rockets, and in the construc-
tion of our entrenchments. I exceedingly admired the
skilful manner in which Captain Porter hrotight the Nee-
hudela up this ditfieu:e river ; and the energy that t. is
ce rs and men displayed in making her again effective was
most praiseworthy.
I am happy to say that only one ca•usl•y has occurred
on the part of the naval force—Thomas Saunders, A. 8., of
her Majesty's sloop Sphsma, who (hid -it.ty of a wound
he received whiie encamped with the army on the el eniog
of the 13:h inst. _

I have, &e.,.

(Sinned) J. W. TARLETON, Captain.
His &Jerilefty Comm .clork J. H. Liinntt,

Coruinat:der-in-Chia.

LIST or KILI,9•AIiII WOUNDED AT PEGV,

1, Tit DEC/3111Rn. IJi2.

1 liaok
Names. or W.sindeil. hi nu: V.
Itatitt;.
-- —
C. A. B. l'oe ek Mate
Janes Ulnae . 'A. B .......
John Jones
.i enact *Aviv . Ordinary
This. Quinlan Marine
w. liam I oder.. Marine • Dangitourly D.ito. Since dead
Henry Buda _. Marine
Walter Bed
(barks Smith .. Matins ...... .. slightly
W. E. Cooliron .., Midahlevaa . Veryserenely H.b.S. !phlox
fhoniga nano .. tom et's Kate ..... Unto. 1i...1ei
Wm. Mii belt . Oats. hire.tao. Sashay ..,. Ditto.
lamer blanch . . pt. malt:11 4hhtly
is/16ft Colltsoe. (tuber 2. Initi. Killed
John strains .. inner //LILA ,L sorely .. . Delia.
John V. ill's
J..hu 0,....rn
roe. M•Ki.sick . 1.11
A in. Hetiirion.. LB
Janie* Cerro to ... nner's mate severely ... Ditto.
D inie: Witt.t.a A. H
Joseph Fraser . s.anew B Art. Shabb B
ii-lin Heins], .... y
Jobs Uruce A. B :lightly .....i Ditto.
Wil:iam Brown.. B Slightly • li tto.
A Borns-me ...... Boatman Veryerverely. In 11 e 1..110 r.
In addition to the above, the sley.t.chisse sst of are• i Ir.,
serving with the 1111,1111 force abstaini 4 the fdlowing 101. :
Bank
Name. or Woundd. I &iambs.
native.
-- -
1 rite Sergeant . --
Killed.
One Gunner
One Bugler
One Gunter ,,evrely
Two (tunnels. Slight y ....

Total thirty-twu—Ot these killed in action. 4
Of these wounded in action. 28

Total

Since dead
(Signed) J. F. JOIINt:ON,
Aui.tant•Surgeu¢

Memorandum of the Nasal Force employed at Pegu.
Total number or seamen employed. ISt.
Boats of Fox, armed.—Captain Turletou, enumerting.
Com. 8.. Limber[, Lieut. W. B. Macon, Mr. IL Sturgess,
second-master, Mr. T. Seccombe, aseistar.t surgeon, Mr.
Villiers, midshipmen, Mr. Mason,

Boats of Sphjia, mooned and armed.—Mr. Augustus H.
Webb, midshipman. Mr. Arthur Murphy, inaster.a.,istout.
Beats of 2doostutfer, manned and armed.—Mr. Fitemau,
master, Mr. Templer, midshipman.
Boats of Beroume, maimed and armed.—Mr. Mannerly,
luster.

lion. C. S. V. Firoquern's paddle-box boats
Gun Par.y.—Com. Churls* F. A. Shadoell, S,ii.ynx ;
Lieutenant Robinson. Mooguffer ; Mr. J. S. kind.on, mid-
shipman, Fox; Mr. A. A. Smith, inidaiiimmin, Sphynx ;
Mr. Dawkins, midshipman, Mooguffer.
(Signed) J. Tant.wross, Captain.

FRANCE.

OPENING OF THE LEGISLATIVE SESSIONS.
THE EMPEROR'S SPEECH.
I'ARIS, MONDAY EVENING.
The Legislative Session was opened at the Tuileries •
this morning, by the Emperor in person, who de-
livered the following :
" Senators and Deputies,—A year since 1 called
you together in this place to inaugurate the con-
stitution, promulgated in virtue of the powers which
the people had conferred on me. Since that peebel
calm has not been disturbed. The law, in resum-
ing its empire, has allowed the return to their homes
ut the mujority of the men who were made the
aubject of necessary rigours. The riches of the na-
tion have increased to such a point that the part of
the fortune maniere, the value of which can be es•
Hinted, has alone increased by about two milliards.
The activity of labour develops itself in every branch
of industry. The same progress is being realised in
Africa, where our army has just distinguished it-
self by heroic successes. The form of the government
has been changed, without any shock, by the free
suffrage of the people. Great works have been un-
dertaken without the creation of any new tax, and
without a loan. Peace has been maintained without
weakness. All the powers have recognised the new
government. Franco has now institutions which
may defend themselves, and the stability of which do
not depend on the life of a man.
" These moults have not cost great efforts, because
they were in the minds and tor the interests of all.
To those who would doubt their importance I will
reply that scarcely fourteen months ago France was
delivered up to the hazards of anarchy. To those
who may regret that a wider field has not been given
to liberty, I will reply, that liberty has never aided in
founding a durable political edifice; it crowns it
when it has been consolidated by time. Let us,
besides, not forget that the immense majority of the
country has confidence in the present and faith in the
future; there still remain incorrigible individuals,
who, forgetful of their own experience, of their
past terrors, and of their disappointments, obsti-
nately persist in paying no attention to the national
will, deny the reality of facts, and in the midst
of a sea which every day lowers more and more, call
for tempests in which they would be the first to bo
swallowed up. These occult proceedings of the dif-
ferent parties serve no purpose but to show their
weakness, and the government, instead of being dis-
turbed at them, only think of governing France and
• tranquillising Furor. For this double object it has
the firm determination to diminish the expenses and
' the armament, and to devoteto useful purposes all the
, resources of the country to keep up with good faith
• international relations, in order to prove to the most
incredulous that when France expresses her formal
intention to remain at peace, it may be believed, for
' she is strong enough not to deceive any one.
" You will see, gentlemen, by the budget which
will be presented to you, that our financial position
has never been better for the last 20 years, and that,"
the public revenue has increased beyond all previ-
sions. Nevertheless, the effective of the army, al-
ready reduced by 30,000 men in the course of the
last year, is about to be immediately reduced by
20,000 more.
"The majority of the laws which will be pre-
sented to you will not go beyond necessary exigen-
r eies, and that is the most favourable indication of
, our situation. People are happy when governments
do not find it necessary to resort to extraordinary

"Let us therefore thank Providence for the visible
protection which it has accorded to our efforts • let
us persevere in this course of firmness and modera-
tion, which reassures without irritating, which leads
to good without violence, and so prevents all reac-
tion. Let us always reckon on God and on ourselves,
as on the mutual support which we owe to ourselves,
and let us be proud to see in so short a time this
great country pacified, prosperous at home, and
honoured abroad. _ .

The public were not admitted to the ceremony.
No reporters for the press were present. The speech
was placarded in manuscript at the Bourse at about
t o'clock. It was rather favourably received there.
The positive announcement of an immediate reduction
of 20,000 men in the army was a surprise, and ilad
a manifest and immediate effvet upon all descriptions
of securities. The confident way in which the speech
alludes to the financial situation was by many con-
sidered as evidence that the budget will bear ea-
lamination better than has hitherto been supposed.
I The rise in the funds, however, was but hiding, and
was not, such as it was, fully maintained till the
close of business. The Three per Cents. speedily
declined from the highest point of the day, under the
iutluence of sales to realise profits. The holders of
the Four-and-a-Half per Cents. were disoppoin.ed at
finding in the speech no contradiction of the
reports of the further eons en•ion of that stork,
and under the influence of this feeling s:tle, were
made which sent the Four atid-a-llalf lier
down to a trifle below the prima. of tiaturdlye
If we may judge from the exceislingle mewl*,
character of the speech, the labours- el. the Corps ,'.