The Express.
London, England, 1854-01-13 00:00:00

THE EXPRESS, FRIDAY EVENING, JANUARY 13, 1854.

It is not gaits .II diet the borough of Southwark
legally within tbse_frdis=. Os one esmake the
City of Leedom Me *kaiaks of the
sheriff of Beim I.IZ7Je berorio of Southwark. My
ewe isdivideal k thee on hassavealease would be
felt is the City of Louis. if Southwark wore completely
amend boon it. It is impeedlis that the coopoestion of
Leedom gas do anything in the matter without the inter-
hems at the legielmare. The rights of menermasy,
plessrage, and Mese weed far_ boyead the beesdaries of
the City. The only mmielpS bay to the nesteopelle k
the City. I have new heard it segipMed that the City
represents any body beyond Ms City losmanke. They la-
=nke*. palls ream far purposes et ehooky, bored
ew bsemedadoe ; bat I dm% think MO soestitnies
=eke • migeassestien el Me other mew of the
esead They orig pins theie in Moir
glirss re 'spooky *Moir own dietriet.
fla tiwk—la Me statement mode yesterday the Lord
=k described as the flat of the fleet city
world. Mess met that ion ply that he represents the
4=l Sesemeet was drawn up la a hurry=
I dem% WWI a the dmedgelso—far hem 'The
Mitios of the Led Mops eiesipy the whole of Ms line:
mod I tem Awe* assm the Lard Mom sink modal the
dudes of hie acts dim oilserwim. Tho Lad Mayor's
@Semmes k emerged es idiom : ()Vim for the
, ablidas of coal merge, 5001. ; Lord allowance
from the City cash. 5,9971. Ile. 4d. ; hem of Constr.
Tam 11001. ; Salim sad luespin Waiter% MIL ; income
tax paid by the ourlonellosi. 1211 7s. Gd.; lows, 181.;
coact dues, LOOM; ken Me Bridge Run.. ; Old
Bailey and other fen, 1201 k.--tetel. lea. 2d.
La misisat times the Laud Mein arm vammened to Ma AM
Privy Council held Ma the join el %beams, es the Ant
slicer la the land, and ne M. betruneemtef treassaitting the
crown. Be is still anamaal ea tidemarks. On the birth of
a child of the severely. or Me death of a member of the
royal family a eemommisellion k sbo made he the Lord
Mayer. With regard to the bespitelity I has one remark
to make, except to say, that beepkelity of the kind met,
deed by the Lord Mayor is sot tesneul Ia Ragland. The
avenge samosa of the Lord Moses pessaries ia ?001. On
Ms essielem of Me omemise this beeptkilty, I don't
Ida the Lod Mo=peolones the whde Metropolis.
Theps** Leei a i
o ponseme peudierwith
acier
stater wi
imVntenekomit. a in
the render estate of Me Inds of sad Mink it
k &skalds that it should be nweewd. t Brie-
lel, Liverpsol. and, I believe,
Mr. Lewis—lf thk power be good is Pliebstreet, would
it not be good in the Strand ? I think It would.
Me I. Patteeen—lf sea is stealbed for a debt of 1,0001.,
▪ teArnit the garnishes lad bell it Me 1,0001. t
That is as. Bat my opinion is favourable to
adiseme el dm power Mattschiamt. With regard to
:sees
won sleeted for life, except than was
Mom for their removal. fits removal
I could be Tomato, or by order of the Com-
, ass. Olitollerthisre is a use record. The ma-
gistorial of the ahlormus are nodded on a very an-
flint Mader. The shisrmos peelhou their magisterial
duties with great sadefootim, and the citizens feel most
strongly on the subject of retaining the appoistment of
their own magistrates in their own hands. When they
are appointing an alderman I think they do consider the
fitness of the individual to discharge magisterial duties.
The aldermen judge for themselves of the feels that me
before them ; but they do yield to the advice of their user
son iu points of law.
)lr. Lewis—Then they receive the same kind of assist-
ance that a petty jury receives from a judge.
Witness—Yes. The Court of Aldermen sit about twice
• month, and they have many end important duties to
perform. The witness having described the nature of the
duties of the Courts of Aldermen and Common Council,
expressed his opinion the; nothing could work better than
these two courts, the functions of which were kept quite
distinct. Both courts had the power of drawing upon the
City cash, but the Court of Aldermen only for purposes
belonging to their own jurisdiction. Thep may be differ-
lilies of opinion and strength of expression in the Court of
Common Council 'pastimes, but the practical coachoion
to which they come is generally sound, and characterised
by good sense and propriety. 'The Court of Aldermen do
not control or revise the proceedings of the Court of Cow-
man Council. The latter body is the casual representative
body of the citizen,. I think the division of jurisdiction
between the two bodies is something fixed bylaw. The
Court of Common Council could not pass • resolution tak-
ing away the superinteudenos of the prisons from the Court
of Aldermen and vesting it in themselves. I don't think I
could suggest inytlliag that would work so well as the
present system. I have esweidsood the subject, and asked
myself where is the ma, sled I amid sot detect. I don't
see that any good would be ellbeted by reducing the pre-
sent number of Common Comellmu. Though all may not
take a part in the business thug may act as *cheek on those
who do. The business of the esmnsittess of the Common
Council is performed in a remarkably satisfactory manner.
I eanuot well pietism anythilogessitisketory, and it is ise-
melba to speak too highly ado mode in which the bea-
ms's conducted.
The Commission then ediestineed to this day.

.4NOLO-PBRUVIAN BONDS.

Yesterday a general meeting of holders of thew;
bonds wu held at the London 'ravens, for the purpose of
adopting measures for the effectual protection of their
interests,

Mr.. RICHARD THOMSON was appointed to take the
chair, and after eaplalaing that the meeting had been
called to protect the holders of the original Peruvian bonds
I against the consequesees of the late conveision, made with-
oat their commit, whereby their ccurity was diminished,
and the market price had been knocked down from 25 to
26 per cent. Mr.Thoe. Thornton said, that the gentlemen
who had taken the initiative is the present movement, had
embodied their views In a series of resolutions which would
be rabmittad. A statement bad also been prepared de-
tailing the whole facts of the cue, which would be now
I read by his nephew.

Mr. Taos. Tmarrox then read the followiog state-
room:
" Is amosquage a the prejudisial shames which have
be.. mode k AnglaPentrisn Beads has the past year,
Me naleatoeled late el the holism end the late stamp;
to loentime Maio of the bawd at hem debt es this
IMAM Mile mad* hoe he.. Masi*persons who are
largely fatesmaed, be the wpm of emitting to your
consideration the temessabos of Mae we have a right
to oomplan, gal the easedird samara whisk it is wished
to recommed be your adoption. The situation in which
you haws pistols, noble it my duty to lay before you the
maisoloraisto Mink lave attracted amiss; and the first
w ease to we beg to Sall your attention is the conversion
of the kis balm Bones 'raper Cents. and with respect to
it we have to say Mat Ms prindoolosaillitios of the arrange.
meat of 1849 ast Mea tabled, as we had every
POEM to mesa iti=ll% the Me Mahar had no right
ft tom Ills mama= ems as- at bast, not with-
est sin neenths' modes ismlst Apill, 1863. It
lale seedless, too, Mr the application of limedsurds of
Ike hell nrplue premeds of guns. Veal& en limb
ill
befog
mew kept Mem per, would have MOM II Ilailllik
Ilk" wield saw* ben fallen Inutelhevensd
in Isubiane *Om& should or &Nil net be Ask
pee fuhlie men eme of the reams alleged for th senuelh
ion) geoid have thus settled itself. We received 11111.. M.
be •41 "er mat. stock at 86L for 1001. of 6 per mei,
id timely sessilled 13s. 6d. per cent. per ands is
kliesoll, ~.. weobtaised 1 pa mat. &diked
ad reatk Misr* a ea the sew sash:
Ira sae
weeks hem cempeenefilsg us few bre Is Ile
we of Meese. Ad this dram we bed to salmit te fa
seedesiemils id Me wishes of capus, for we have
a espy of theist of that body, under which the Late
was eating, sad find it to sty dearly and ex-
;oily, that is any arrangement "the rights of the
median shall always be respected." Unsatisfactory to us
as this conversion was, it cannot bat be to to the people
'a Peru, for at a saving in Murat of about 8,6001. per
imam, the capital of the debt has bees harmed neer
100,0001., and a contrary to the spirit of the set under
the authority of which it was done. We would here re-
mind you that by the arrangement of 1849 we sacrificed
33 per cent. of arrears of interest, for which there was no
seeessity whatever. We next acne to the bonus of the
interest on the Deferred Bonds, from 1 per sent. to their
maximum of 3 per seat. per lianas. We do not think that
this measure has bees properly understood by the bond-
holders. It seems to be a great concession on the pert of
Peruvian government, bat in reality it is sot
so, for we gave up the quarter of the half
surplus of guano, Which was pledged for the fa
dempion of this stock mill April, 1886. A calculation
we have made, on the supposition that 200,110 tons will be
sold annually, shows that Peru will actually get by this
operation about 240,0001. We believe that she gets another
advantage, for one reeding of the old bend implies that,
after April, 1863, the entire surplus of the half proceeds of
guano shall be applied to the extinction of this Deferred
Stock. We also gave up the right of converting this stock
into the home debt, which hatred per cent. interest ; but we
are not likely to regret the loos of this right. Oaths 30th June
lest Mesm. Marietta and Co. received from Messrs. A. Hibbs
and SJUS the sum of 20%0001., being the half of the net
proceeds of guano for the half-year ending that date, and
exclusive of the 62,5001. they had already received
for the payment of the April dividends. We have already
mentiontd that by the armament of 1849, three-fourths
of this surplus was to be applied to the rushers of the
Active, and onafourth to that of the Deferred Beads; sad
we hold it to be inoontestible that as rani of this sorplos
as may result from the sales of guano up to the lit ed Ape.
1863 must be applied, in the above proportion'. to Ike per
Masi of the present Four-and-a-Half sad Three per Often.
the money does not belong to the Peruvian
We are unable . • ccertainty what gam ty errilat.
was sold up to A lest, but as upwards of 119, tom
were sold fr 3om snare 1 to .1 use 30, aid as Y
and March are the best maths ter the °sr%
it, we thick we are ender 'rather than over the
mark, in miasmas the sales from Jesuitry 1 to
April 1 at 60,000 tons, and producing upwards of
120,0001. for our half, applicable (as we have before said) to
the purchase of bonds. We have not heard that any such
purchases have been made, although more than six maths
have elapsed. We now come to the issue of 1,800,0021. in
Four-and-a-Half per Cent. Sterling Bards to Uriberren and
Co., of Paris, and of 400.0001. also Four-and-a-Half per
Cent. Sterling Bond,, to Mr. Joseph Megan, both being a
conversion of 11,000,00 dollen from the internal or home
debt. The night sad dreamer of this debt, sod the mature
of the opermiss, Ma Mon se flary eaplelsed la • later
eddied In the Timm of the 17th ult., end whin we
prams' meet, if not all, et yen ban read, thee we deem it
sanessesery to take up the Gm el the suede( by segratiag
them. That letter was writtea by one of our ismber, who
is grimed to swain the general seaway of the state-
mats manned in it. flail! bee ben stated that
makeesces for the had net twool4tpesre
allowed them for the of bred to
an wad ament lees wPrinks lesmomy; we
have the Uma Adel
_rpm sestakieg the sestreek and
we sera ild, lip the kit ankle eat by the preeldwat's ro-
amer& Mat SIP embeesese were to motive the staling
bleeds is Lanka, en giving smartly for their amount, and
OM the term of two yeses wee fixed for the delivery of the
bone emir into the Fauvist' meentre. On this 2,200,0001.
we have to observe, that it presents the Magner sum* 6 l '
the *Matinee of beads repiesesting ei deal& be
seat—v is., thoee in Bump sad the imlp k Pmt. We,
say, probably, because it is likely seem* dime as Ipeallse
esmersed may have ben& and delivered a Ire elf the
ardroadiag intend eerie. On she 400 boned lel
dr. liseso, we have peehrly to remark If
have bees arreetly ialismei. by some lamas se
beads have bees made to ben a plait; on the pad pee- I
seeds over our owls."
Mr. Bicaxom attributed the unfavoulable position be
*deb the ?MASK bead dm now deed to the
of die Comaskee, of lead& Adds= Deafildiass...ttt
samakies bed bees embed twenty-Idr year. ege with
prose le aid to their ambers, madbey had gun cm ever
lien Nag up remade as they warred without ever
erisibcto a pal& meetteg to obtain an isfeelen at sow
lised,7assa Odissaii. the shainere, ad seas six or
seem edge
toes of Imamßgebe dm upon the evessidiss, he
bad to be and ammeeserliat a 1 Ain
ems vele peamalsi Ildral, ad, doss by Ile Ilk
team at whisk they maid hemth Looks. hem Wastitting
adds te fob ids% and as the ocadulka of Ms sem-
slum Ail set make le iteetwary that Ms deabees ahead
be easel kakis of ell the several dress of lode they
IMO
et VIM le peter, it meld that la dr bus
erammeks of tbe Aegle-Psravka beads
le hisusah of the hikes bed Ida
lie walk modes led hem WM, sad the mad=
born sibmed without that, whisk be eery sake_ ease bed
bees aimed emassial, the enema of tie beakablem.
the ow oldie Mg ssissa ssamesiss, the ememitlee Inv the
sew beak ad darns keestaced esslitices trameing to
the held= slghb equal to these they madly bid, sad
the mar seam wadi have bees rhea In resod to She
Proviso bends bed the 'seder' pad tie mord to the
Wenn will disk they dm askrisi. Time weld
love bees se suss fry der team assedstisms, it the
sommiskere led kre by the Pernik imesememe wen
invested will fell 'demo bell se M the admit of the Issa
whisk it wee peeped, k 'dm Se' Oddgo the skid
premises that ilfflielliked to ail be the di Maki
debt, mad the askeisas area whhh the bids shied be
veaversd. Tl 6 eared of the isms& isle wheel by
this new operation le was peeped le maven km fa=
dohs sad mills mos ibe • sessetty upon
the beads of the Blida Wks rested, via., •
ritiif the pekes of the game des, de shoat
00410 of Mir% drew Ile kb Presided Ides he
de eSes bed slated ire the data isms& &bid Pees
wet =kis beds= hue and ire mikes aim If
the essen k
0,0011,111111 spa C liTerilledlif lONS tai
the =cats
Midas% they skis balm eid milk 111110411•9 apes It.
The miss dile basield ale bees skid by aspen's
rat Ile geed Idioms, Weida. esker Mao bat event
replete awed keg the apply el suss is the finis ems
MIS that mildest le mettle dried IbeliaMiliseefibe
Narks peesemmesst those these eme. MOM wee seem
vary kr the leadhalime was to bestir themselme mei to
take meanies le emiWbe Perarsa emended to be
hadm Ha had se ink., suatiderisig tie demplisa that
l be
preellsel wpm and the isweedild khee of
rim k ear era imemathiro lra
eads. wall te Welds kids, dew
beadledime, if the ars wsse eusgmly represeatedte
la emelaike be read the fading redder, sad awed
M"
LTt aleatils maskit, views with mired the measures
wield W the pessemsat of Pare, mad in erste, kr As
taresedia de peressof Ike him debt of that walk
kW studio beak ad ems it sattssary dries *inky
histkuld kW ell the iseaskisess asseseed ilk the
mead's and dermese 'mem of thee ask. ad Me the
le pal them Issas es le di' mshetB ekes Ike an
be mei,
liel megsall the dale of Ike sodas
kris
asdig hem Meads dreesad up le the Ist dime.
. di se bee Ile kW mamma Ida the Lie
menu
el daskimades bids, la wise OM Om mese
dada messuses Mermalle be dyed Air Ile Mort,
pesiesdea, sad severity of
lialm.
a 1 That to carry lite der die dome mama
thisommitisedliossfidlibusibikeste yaw
die dad pewee red mks*
_ls proussio wok
[ssiliav~se. and to is sash elks moisuis as it
wag be asheikat sad dbsesalifermemerpmes,thee, sad
if ernalidei Vie MA 4 the kink
" I sad 4 emir to the order ef the esamlllee ad the
el the Asle
That rediskatha be side to the emidttee of
lima Add. baaksidus for a sea vadat to