The Express.
London, England, 1851-09-11 00:00:00

gpt €ourt.

BALMORAL, TUESDAY, SzrT. 9.
Her Majesty drove yesterday to the Pass of Hal
later accompanied by the Princess Royal and Princess
Alice.
Prince Albert went out deer•stalking. There was no
addition to the royal dinner party.

Despatches were received yesterday nt the Colonial office
from the Governor of the Cape of Good Hope. Despatches
were also received from the Governors of Sierra Leone and
the Gambia.

THE GREAT EXHIBITION.

The attendance at the Crystal Palace yesterday
showed, as is usually the case on Wednesdays, a consider-
able falling off, some seven or eight thousand, from that of
the previous day. The majority of the asssmblage were
no doubt country people, but there were also a great many
foreigners, and considerable numbers front the great towns
is Scotland and Ireland, especially the latter, the inhabit-
ants of which seem eagerly to take advantage of the recent
facilities offered br the railway companies. The police
numbers n 139360,106.
Cash account, Sept. 10.
Season tickets
At the doors

Total receipts
The following shows the temperature during the day, as
recorded by Mr. Bennett's thermometer, being the mean
result of hat readings:-10 &mock. $1; 12 o'clock, 61;
2 o'clock, G 5 ; 4 o'clock, 66; 6 o'clock, 64 ; mean tempera-
ture, 62.

HER NIA.IESTY has intimated her willingness to
act as patron of the Colonial Church and School Society, an
institution formed expressly for sending to the colonies
clergymen and other religious teachers stedfaetly attached
to the doctrines of the Reformation. '.'.'he Archbishops of
Canterbury and York have alma intimated their adherence
to the society. " Viewed (says a correspondent) in eon.
nexion with the extraordinary efforts of the Tractarian
party to take possession of the colonies, and through them
to re-act on the mother country, this manifeetetion of
sympathy with genuine protestantism assumes peculiar
significance."
SALE OF THE OLD HOUSE OF COMMONS.—Yes-
terday the sale of the materials of this edifice was com-
menced. The Globe of last evening says:—" The materials
of the old House of Commons have this day been put up to
auction. The seats on which Conning, Copley, Brougham,
Peel, Russell, Stanley, and Graham—the seat. upon which
sat all these distinguished men, have this day been exposed
for sale to builders, as old rubbish. Who could have sup-
posed that in so short a period of time the scat from which
one statesman enunciated his Toleration Act of 1829, and
his free-trade measure of a later period ; from which Lord
John Russell fulminated the great principles of reform,
which he so successfully carried into practical operation ;
and Palmerston spoke the language, not of the cabinet alone,
but of the country, with respect to our foreign relations,
should be consigned to the hammer of Messrs. Everefieldand
Horne? The speaker's chair has been removed; the auc•
• ioncers have taken the place of the sergeant-at-arms ; and
Mr. Richardson, in a green baize scat, has taken possession
of the seat of the clerk of the house ; while speculative
builders and eager jobbers in old materials occupy the seats
of the members. A little before 12 o'clock the sale com-
menced. The attendance was not so numerous as had been
anticipated. A considerable time before the beginning of
the sale, several tradesmen connected with the building
trade visited the house and examined the lots marked out
for sale. As the hour for commencing business approached,
the crowd increased ; but the attendance evidently disap-
pointed the expectations of the auctioneers. In front of
the premises to be Rohl a hoarding is in the course of eon-
struction, which will be kept up until the old materials are
removed, when it is to be raised to a greater height, for the
purpose of preventing the public from interfering with or
delaying the workmen who are to execute the screen which
is to cover in the new House of Lords.
ST. MARY'S HOSPITAL, PADDINGTON.—Yoeterday,
a quarterly court of the governors of this hospital was held
in the boardroom of the institution, when 10 medical
governors were appointed to form, in conjunction with the
lel medical officers, a medical committee fur the ensuing
year. It was reported that during the three months that
the hospital had been opened, the number of in-patients.hail
been 170, and nearly 500 patients had been attended and
supplied with medicine during the same period. It further
appeared, that the hospital was at present only furnished
with 50 beds, although calculated to accommodate 150
patients ; and the applicants for admittance consisted of a
much larger number than the hospital was, at present
capable of receiving.
ANOTHER FATAL ACCIDENT ON THE MIDLAND
RAILWAY.—NoTTINGHAM, WEDNRaDAY.—The passengers
lof the 7 am. train from this ;town to Derby were greatly
alarmed this morning by a tremendous shock which they
encountered soon after they had quitted the station ; and a
dense fug, which rendered it impossible to perceive any
thing half a score yards distant, hung over the scene, so
that it was difficult to determine the nature of the accident
without alighting and proceeding to the head of the train.
The main facts of the case, however, were nut lung in dis-
seminating themselves amongst the armed and confounded
passengers. A portion of a luggage train to Codnor-park
had been left standing on the main line, the Derby train
had run into it, the driver, Wm. Kearsley, having seen his
danger just before the collision took place, had hastily
turned off the steam, and sprung from the engine in time
to save himself, and the stoker, John Taylor, a fine young
fellow, 21 years of age, had been so fearfully mutilated
as to render his recovery very dubious. The pas-
sengers, it was also found, bad suffered no material injury.
All had sustained a severe fright, and some a few slight
contusions, but the engine had been so much damaged that,
independently of the state of poor Taylor, it was necessary
to return. Ihe unfortunate young man was immediately
conveyed to the General Hospital, where, after lingering
a short time, he expired. Several of his ribs and his breast
bune had been broken; his thigh had been fractured; and
he had suffered several other frightful hurts. Thomas Da-
vison, of Shardlow, aged 57, a chainmaker, who had sus-
tained an injury to the side in consequence of having been
thrown against the edge of the carriage (a third class) in
which he was riding, was also taken to the hospital, but,
as has been already stated, his case presented no serious
features. The question of culpability is one that can hardly
with justice be canvassed at the present stage of the affair.
There is, however, a prima facie case against the people in
charge of the goods train, for it appears that the line ought
to have been cleared some time before the Derby train
came up. Moreover, it is stated that there were two
guards with the luggage train, and nothing could have been
easier than for one of them to have returned a stated the
cause of the delay—namely, that it had been found neces-
sary to add some additional carriages. The inquest will be
held to-morrow.
RAILWAY ACCIDENT AT GATESHEAD.—OR Mon- I
day morning, as the quarter past five a.m. train from
Shields and Sunderland was passing the bridge crossing the
high-street, Gateshead, and approaching the high level
bridge crossing the Tyne, it ran into two engines standing
on the hue. The passengers were knocked about, many
of them receiving serious bruises about the head and face,
though none of them were dangerously injured.
TIN. COLLISION ON THE GREAT NORTHERN RAlL-
wAY.—lnquiries made last evening at the Hornsey station,
where the Rev. Mr. Snell, who sustained a concussion of
the spine in the late collision, lies under surgical care, eli-
cited that the reverend gentleman is no worse. Of four of
the sufferers who were taken to the Royal Free Hospital in
Gray's-ion-road, one left on Monday ; another, Mrs.
Reynolds, two of whose ribs are fractured, is progressing
favourably, and her son and daughter are fast recovering.
FATAL ACCIDENT AT THE NEW HOUSE OF LORDS.
—Yesterday afternoon Mr. Bedford held an inquest at the
Crown and Thistle, Great Peter-street, Westminster, on
the body of Thomas Stanton aged 45,•labourer at the New
House of Lords, who met his death there on Monday last.
Deceased was helping to fix a landing.place, at the height of
27 feet from the ground, when he overbalanced himself and
fell that height, his head striking a stone step. He was im-
mediately taken to the Westminster hospital, but, on his
arrival, was found to be quite dead. The jury, without hesi-
tation, returned a verdict of " Accidental death."
WRECK OF THE APOLLO STEAMER.—DOVER,
SIIPT. 10.—On the news of the disastrous loss of the Apollo
screw steamer reaching Ramsgate, Broadstairs, and neigh-
bouring places on the coast, a number of luggers put oft' to
the Kentish Ifanock to pick up what might be floating about
of her caws. Of the wreck little could be seen. She was
found to `alive struck on the south side of the Knock some
few mil is from the light ship, and this renders her loss
somev,hat more difficult to be accounted for, as she is re-
tires anted to have gone nearly over the bank before she
to, ached. She lies in what is known as five fathoms ; and
notwithstanding the recent violent weather, and her ex
posed situation to the full force of the ocean, it is believed
th it she holds together, but of course is fast settling down
in the egad. Attempts have been made to get at her
cargo, sad should the weather continue moderate, as it has
the last few hours, there may be a passibility of preserving
some portion of it. The carcases of a number of beasts
and sheep, which formed her principal fre;glit, have
been picked up by the boatmen, who, it ap-
pears, are turning them into profitable account.
by selling their hides and the bodies for the fat they may
end
produce. One of the boats of the unfortunate steamer has
elm been brought ashore. The real cause of the disaster
has not as yet been sufficiently explained to enable us to
state it. One thing, however, is admitted, that the spot
where the Apo'', was wrecked was not in the ordinary safe
track from Rotterdam to the Thames. Her master, Mr.
hSumitbhz.ehnasgbeeneenr.temi
moment of hcr foundering one of the crew had a narrow
chance of losing his life. Previous to the last boat leaving
PARIS, Syr. '.O, per I.! For ACSOURS. ypolooynedsideireds tea
trade
sonsulv;gento. years,t
the
had, tho boat put
the wreck, Mr. ;Smith made anxious inquiries as to whether
' --", —':— one sou massing, and it being imago
however, it was discos ered that
agined that he continued
lif am. Dikelng'llighest., lowest Clonal; off. It
alet:whinein'mAenndls,lleariDgtaut
they
3Pt Cern. .. ... ill 20 ' Se 40 56 42 Ss. 20 Se 24
~ on board the steamer, the boat returnel to her. The poor
)ParC'eam *****
-ICa 42 42 42 '2 99 93 23 93 " feUow was found, and the boat had Uot gain cleared the
3, es',. sktata. New Loan. ... '" wreck but a short time before she went. down. Amongst
vow omu. i 71 30 ...
Se ems • .. •g et.
...
liaclisageo• Loodon i ststabt. 23 10 ;90 &vs. 24 24.. throughout the trying period el;cited much notice. They
:".. the passengers were three ladies, whose courageous bearing
'7Y41111 BROW ****** 20 so Hoos2. succeeded in rescue their ho4gage. The amount of inset-
... Cal, IN: l°4
4.1.7... 11:10a foss. l'"I .7,14 ranee' effected upon the eessel sad cargo has not trans-
aasarr brad'...
D... ... D. U." • ........ '' ." pired but it is stated that the cattle on board were not so
ruemowt a skix. OO SO." Di"

The new Austrian loan, which has for some time
formed a topic of conversation in the vicinity of Capel-
court, has at length been officially annitanced. Seven
millions of pounds sterling is the mere trifle required ; but
as that is to be paid in without deduction or drawback, and
all expenses and charges are to be added to the liability, it
is probable that the additional debt about to be contracted
will amount to nearly nine millions of pounds sterling —a
small addition to the "dimmed total" of Austrian indebted-
ness, which may possibly prevent the punctuality in the
liquidation of the interest, so much to be det.ired.
In estimating the chancos of such a contingency it
should not be forgotten that this is the second appearance
of Austria in the character of a borrower within a very
brief period—a clear proof that the financial minister of the
empire is not afflicted with the " Wood difficulty," of
having a large surplus to dispose of, but that, on the
contrary, there is a regularly increasing deficit—a state of
Atkin that will be by no means improved by the addition
of some 450,0001. per annum to the Imperial liabilities,
without any corresponding effort to increase the Imperial
revenue.

There is another circumstance that should also be borne
in mind by those who, with more money than wit, are
speculating on the chances of selling at a premium the
stock for which they may subscribe. It is usual in all such
cases, where the would-be borrower is in a sound financial
position—or, to use ordinary language, perfectly solvent—
that the transaction should be arranged with some one
or more of the great houses who direct their atten-
tion to such matters ; the terms are decided, and the
house generally offers a share in the transaction
to its friends and clients. The respectability and
high character of the intermediate party acts as a
great inducement to capitalists to come forward, it being
certain that the ltothschilds, or Barings, or others of a simi-
lar chiracter would not connect themselves with a bubble
scheme, or one that was not concocted in a fair and bona
fuk spirit, and likely to prove remunerative to the sub-
scribers. The mere fact, then, that there iv no direct con-
tract, no banking or mercantile firm having a positive in-
terest to keep up quotations, and willing to come forward at
any future time, and even to make considerable sacrifices
to ensure the punctual payment of the dividends, must have
a very depreciating effect on the future prospects of the new
loan. . .
.. . ..

We rejoice, too, to say that no provision or stipulation
has been made for payment of interest in London. The
lenders may receive, or rather are p.omised to be paid, the
stipulated dividends iu Vienna, Amsterdam, Frunkfort,
Brussels, or Paris ; a very considerable allowance, no less
than 5 per cent. being offered to those who elect to receive
payment in the Austnan capital—the price being 9•i if the
dividends bo payable at Vienna, and 100, if payable in any
of the other places indicated. This extraordinary difference,
as well as the other points of advantage to early subscribers,
a bonus of 2 per cent. being offered to all whose application:,
are sent on or before the 10th inst., and 1 per cent. if
between the lGth and 23rd, together with half per cent.
commission to all persons taking to the extent of 50,000
florins, or 5,0001. sterling, should also be borne in
mind, fur the venders of really good articles are seldom in-
clined to make such "alarming sacrifices" to induce pur-
chasers to come forward to take the goods offered without
examination or consideration. We have heard of such ex.
pedienta being resorted to at mock auctions, and places dis-
' posing of the stock of some alleged bankrupt who had no
existence, save in the fertile imaginations of the acute spe-
culators, but they are not adopted by respectable houses,
whore warranties might be considered as autisfactory
assu-
ranees, worth something more than the pawr on which
they were written. The fact is, however, too apparent, and
it must, indeed, be the veriest gudgeons, the greenest
geese, that Can be captured by such transparent humbug.
Under such circumstances, it is almost unnecessary to say
that the project finds but little favour on the Stock Ex-
change. There are not many persons willing to furnish
fresh illustrations of the facility with which persona of a
certain class are disposed to part with their moneys. The
deliberate slight offered to England, in declining to make
any part of the interest payable in London, or the objects
for which the money was required—whether to crush the
independence of a high-minded and generous people, or to
rivet the chains on the Austrain nation, and carry out the
tetrograde policy of the Austrian government—may be
matters of but little importance, not coming within the
scope of Capt•l court morality. But the security and stabi-
lity of the contemplated loan—the certainty of receiving the
dividends at the appointed time—and, above all, the prospects
of the new stock being quoted at a premium or discount—
will have an unequivocal effect, and completely exclude
tho stock from the English money market, unless very
great temptations, far greater than any yet alluded to, be
offered. If such should be the case, we would entreat our
countrymen to use caution before they he taken in by say
bait, however alluring, or fall into the trap prepared he
their capture. Let them compare the existing liabilities of
the Austrian empire with its actual revenue and probable
resources. We are told that it already owes 1,100,000,000
of dollars, while its income is totally inadequate
to meet its expenditure—a fact that may readily be
conceived when its intense passion for • playing at
soldiers," and maintaining an enormous standing army, is
taken into account. There is also its acknowledged depen-
dence
an Russia, who could at any moment that it pleased
the autocrat to issue an ukase, crush its neighbour or sub-
jeet him to any indignity. What would be the selling
price of the new Austrian stock if Nicholas should make
any hostile movement ? Connemara mortgages, or Ga-
way judgments would be far preferable ! Let those who
have the slightest inclination to dabble in the transaction,
under the delusion of getting out of it with a handsome
profit, reflect on these matters, and if tkey should resolve
to abstain from any interference, they will find that they
will have no cause to regret the following our advice.