The Express.
London, England, 1866-10-30 00:00:00

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AT%Tome (AUSTRALIA) PUBLIC LOAN,
issued under the authority of the Public Loon Act, rah
Victoria, No. en, assented to lab October, oak to be elected
by the tame of Debentures to the amount of £860,000. bearing
interest at the rate of 6 per cent. per annum, In amounts of ElOO.
NMI, and 41,600 each, reared upon the coneolidaMd revenue
0.4.., 171ctcria, and redeemable on the la Jemmy,
IJOMIMITTIM appoleled by the six aseociakd
es Nests in this country of the government of Victoria
boob,
of Use above Loan. MbRKBY arrs-Nancr.,
that PU C TENDIigS will be received for the
endeire amount
of 1366,000, at the London and Westminster Bank, two o clock
precisely, on the AFTERNOON of MONDAY, the Mb November
100X:atio which Ume sealed tenders wUI be received there from
all who may forward the same, addreeeedito the chair-
man of tisetionunittee, and endorsed " Tenders kr the Ifieteria
Lean.' or attend to pawn therewith. •
In case of orceality of
Tenders beyond the amount to be hated, they will be subject tea
pro-rata diminution.
A deposit of flee per cent. on the amount of each tender mut
be previously paid to the London and Westminster Bank. The
tenders will then be opened in the presence of all ao attending,
and read publicly, and the purchase forthwith declared to be
those who have offered the purchasers
price not under theminintam
previously fixed, and which shall be contained in • sealed parer
placed on the table before the tenders are opened.
Tenders by the same persons at various prices must be made
oat and delivered separately, and parties must be careful not to
enclose the deposit in the sealed tender.
Tenders at a price including fractions of a shilling other then
l will not be accepted
iCeltbentures so contracted for will carry interest ham the
led July last, and will be delivered to the subscribers at the
London and Westminster Bank on the 30th November next upon
p=at of the balance due thereon.
pal and Interest payable in London, at the London and
Westminster Beak, and at the London Jotat km* Beak. Interest
payable on the let January and let July in each year, by coupons.
The Act further provides that the Loan shall be applied ea
follows:
For the completion of the Prate railways £250,000
Towards the works of defence, necessary for the
protection of the colony aganst invasion 100,030
Towards the construction of works for se=
water to various districts in Victoria, liar
agritaltural, and pastoral purposes 100.060

isso,ooo

The revenues of Victoria exceed three minions per annum,
and have always been sufficient for the expenditere, wit Leh in-
clads* annually a large provision for public works ealoallted to
develop the great natural resources of the coleys-
The Hallways, fur the completion of which £250,000 are re-
quired, are already producing 41, per cent. on the cod of their
construction, after paying all the working expenses. which M-
ende fell provision for maintaining the permeated way and
rolling stock In the highest state of efficiency. It is confidently
expected that la three years the railways will return, over and
above working expenses, the whole amount of the interest of
per cent. paid for the Money borrowed for their construction.
The sum of £830,000 has been from time to time expended
from the onlinary resources of the colony In the creation and
maintenance of works of defence. It has been determined by
the Legislature that the very large amount of property at stake
requires that the harbour defences of Melboerne shall be com-
pleted, and £lOO,OOO are required towards that object.
The climate and soil of N lctorta are fit for the production of
all that can be profitably grown in I:bothers Europe, but a re-
gular supply of water is essential fur the development alike of
the agricultural, mining, and pastoral resources of the country,
and for this £500,000 are required.
The City of Melbourne and its suburbs are supplied with
water from a rmervoir constructed for the purpose ; sad al-
though the work was undertaken at a time when labour was
dearest, It returns eight per cent. on the original outlay.
For the Bank of New South Wales -D. Lerma. Chair-
man of Committee.
For the Beak of Auatralasla—D. Q. Henriques.
For the Union Bank of Australia—H. W. D. Saunders.
For the Bank of Victoria—lL L. Taylor.
For the London Chartered Bank of Australia—C. G. Bar-
nett.
For the Colonial Bank of Australasia—James A. Douglas.
London, Pith October, Idol.
N.B. Forms of Tender may be obtained on application at the
Loudon and Westminster Bank, and at the office of Metiers.
Mullen', Marshall, and Dude:l, 3, Lombard-street

SALES of PLANTS and BULBS,
EVERY WEDNESDAY and SATURDAY.
STEVENS'S AUCTION ROOMS, Se, King-street, lovent•Ea[deo.
FULL PARTICULARS lu the CATALOGUES.

MAPPLN BROTHERS.—Established D.lBlO.

CHESTS of SILVERPLATE for theCOLONIES,

CUTLERY and SILVER PLATE for
FETRNISIIING.

MAPPIN BROTHERS, LONDON-BRIDGE.

MAPPIN BROTHERS, 222, REGENT-
STREET.

I ROWN and POISON'S CORN FLOUR
('sr CULLOM:N.B Mt
To obtain extra profit by the ade other kinds ft sometimes
offered instead of BROWN and PoLSON'S.
"John Brown," "John Poison," is signed i* the makers on
each packet.