The Express.
London, England, 1866-06-07 00:00:00

LONDON, THURSDAY EVENING, JUNE 7, 1866.

(FROM OCR OWN CORRESPONDENT.) .11.-.--
India,
PARIS, WEDNESDAY Eveento. After long struggling against the pressure of the to roe'
The suspicion, now aimed universal, that France times, the Agra and Maaterman's Bank (Limited) diffiet
is allied with Prussia, and that the coming war has stopped payment. The announcement was y
was plotted by Napoleon 111. and Bismarck, is made at a late hour last evening, in the annexed pot
thus hinted at by the Arenir National : I circular addressed to the shareholders :
Nord sings our praises.
It seems that we are very popular in Prussia- at least in Sir,-I am instructed by the directors to inform you,
the ministerial journals. The Gazette de rAlletnagoze du . with deep regret, that they are compelled to suspend pay-
Tent. The fat ehrerrts of the bank's fatierde,4oreciently Th
" Prussia," says this semi-official
journal, " should not forget that on the occasion of the . and the managersg`m of Europe,
Calcutta and Bombay yestel
war against Denmark it was France that prevented a branches having in consequence telegraphed for saris- The
coalition against Prussia." We were not aware that M. ' tance, which the directors, in the present commercial Wale
de Bismarck owed us such a heavy debt of gratitude. We crisis, are unable to afford without tot. great a sacrifice of
know that England and France were supposed to have
tors antin Biliders it
to
mosts tendtbfeurittteerreeof
payments,
th
ancredd
o'oloo
, beau too lukewarm in supporting the rights of Denmark ;to place the affairs of the bank in legal ii(juidation at He
but nobody ever yet accused the two powers of not once. The directors have no doubt that the creditors will with
baying defended them at all ; and certainly it be paid in full, and that with judicious management in al_
never before occurred to anybody that France had favoured the realisation of the assets the loss of paid up capital will si;
the shameful spoliation of our old and faithful ally Den- 'be ine*Nuidlbilet;e4l am, pours faithfully, tuZena Manager' bate
mark for the benefit of Prussian ambition. U France is
The Agra and Masterman's Bank (Limited), Prins
in favour with M. de Bismarck's satellites the same thing Nicholas-lane, Lombard-street, London, June 6. of tl
cannot be predicatedin the Rhenish provinces. Atameeting
Unsatisfactory though this • • c'rd
of upwards of 5 000 persons lately assembled at ldayence
it was resolved that " the inhabitants of the banks of the Hi
: can excite little or no surpriae. During and ever f
ri
Rhine are German., and mean to remain Germans," that : since the crisis which culminated on the 10th and o
obis
sae drop of Wrench blood flows in their veins ; and that 11th of last month, the position of this bank has cam
the right of " nationalities" which France is constantly been trembling in the balance. Alarm was first mu,
talking of is a right which the Germans of the Rhine caused amongst the depositors and shareholders by teat
t most unconditionally claim for themselves. I the persistent sales by speculators on the Stock and
• Senator Gueronnihre's journal, La France, 5" v
; Exchange, and an idea of the extent of the run Ord
one of its German correspondents thinks hostilities
I thus created may be gathered from the fact that B
) will commence on June 10 ;the army of Saxony,
since the crisis 3,000,0001. of money has rioveb
22,000 strong, will then be ready, and on that been paid away
over the counter. Such dre,el
same day the Ring of Prussia and his alter ego, M. portion of the deposits as were at a week's or oM
i, de Bismarck, will leave Berlin for the head- fortnight's notice were of course quickly with- r
i quarters of the Prussian army. drawn, but so great has been the confidence mix
There was a rise at the Bourse to-day owing to reposed in this bank that it has received a good, Faam
the canard that the Duke de Gramont, the French deal of money which cannot be withdrawn by the 'SI
ambassador at Vienna, had persuaded Austria to holders except at twelve months or even a longer rev
I retract the decision which broke up the conference. notice. Scarcely a bank in London could stand a 1
Rents rose 25c. for cash and 22ic. for account,
i.. draft of this kind better than the Agra has stood AI
closing at 63fr. and 62fr. 75e. Credit Foncier rose it, and, so far as the liabilities here are concerned, b°'
' 10fr and Mobilier 2fr. 50c. Italian rose 50c. for
I 1 . • 9 it is possible that the establishment might have 1
a I cash, but fell 25e. for account, closing at 36fr. 60c. maintained its ground against all assaults. But 1
~ in each case. Railways were on the whole lower. the news of the pressure upon it iu London has
been transmitted by telegraph to India, and has I.
n
WEATHER REPORT.-(THIS DAY.)
11 occasioned a run there, which has left the directors do
41 TRVIPSDAT, Jell 7, II A.H. no alternative but to suspend. It is scarcely
dl F. Sztnene.
B. T. W. ins ,--A---,J W. B. to ecessarY
6". ti to remark, however, that the root of the
a. 12 F. • D. 1 9. evil consists in this, as in so many other
e- H
""------ recent cases, in an injudicious lock-up of the
aire - 1 -
Aberdeen •29.97 55 S.X. 2 3 EA& to - 3 bank's funds in inconvertible securities ;in other .I.'
Lath 7 MAC 63 N.X. 1 1 K. r 0.03 1
Ardrossan... Pe.94 57 8.2. K. 3 2 W. or 0.14 3 words, the directors have departed, to some es-
Oreeecaatle..l%.s4's7 s. 2 1 X. co ,0.41 3 tent, from legitimate banking operations. It is B
Va1eatta.....129.75154 8.8. W. a 1 2 8. fr 10.35 2
OIPID Clear- ••- I- - -I - - - - - this circumstance, and the consequent loss of
uvere0m....,30.03,59 S.S.& 3 3 S.S.E. o 0.03 2
can Holyhead _129.94 56 s.s w. 4 5 s s.w. ao.oB' 4 credit, that have imparted weight and persistence
he P•1612.11011....!30.070 B.&W. 4 8 6.&W. mo 10.051 3
Brest . ..... ,30.12 59 8. e 6 &W. fro .0.04 e to the operations of the speculative sellers. It is
ad Lorlent .....so.telst 8. s 5 S.W. arc .0.081 3 somewhat anomalous that, while a number of the 1
Rochefort- 4020157 E. 4 3 E. 1).-1 2 - ..... _
11" Plymouth _130.11'66 &S.W. m , 0.05, 3 Sales effected on Tuesday, and which caused a fall
to
Weymouth .. 30.13'59, 8.5. W. 3 6 B.W. fc , 0.041 3 of 51. a share, were on Indian account, some of the
' Portnnouth..l3o.l4 59 B.S.W 3 5 8.5. W. ro 0.021 II
lender' ....30.14'501 8.8. W. 4 s s. W. rco 10.011 - London speculators for a fall were yesterday buyers,
1n Yarm
Scarte"tii•lileNkl':6Bl BiVi. 6 5 8.7i.W. coor O-.1111 and caused a rally of 31. on the very eve of the bank's 1
mg Shiel
ids 130.06 581 B.W. 2 2 1 &W. c - 1 2
stoppage. The closing quotation yesterday after-
heeld
noon was 14 to 16 per 50/. share, with 251. paid. 1
t° Barometers have fallen about
REMAaßtgth of an inch In the south- At the close of 1865 the quotation was 57 to 58 ;
west of Ireland, and have risen about the same amount In Eng- and at the beginning of that year the shares,
land : but in Scotland generally they have remained nearly sta. 1
. i .
tionary. The winds this morning are light to nioderate, from S. which were then of 1001. each, with 501. paid, were
to S.W. on the English and Irish coasts, and light from N.E. to
&K on the Scottish coasts. Rain has fallen very generally, ex-
cept on the east coast of Scotland. recently made at 301. premium.
the • ..; . This bank was established in India in 1833, under
MR. JUDAH PHILIP BBNJAMIN.-Yesterday even-
lie , the title of the Agra and United Service Bank. Rs
ing the Benchers of the Hon. Society of Lincoln's-inn called
to the bar no less than 29 candidates for forensic honours. head office was fixed in London in 1857, and in
Amongst these was Mr. Judah Philip Benjamin, of the the following year the bank took advantage of the
late Confederate States,
so-called, of America. A number I
of the members of the English bar regard the circum- Limited Liability Act. In 1862 a branch was es-
1. stances connected with the call of Mr. Benjamin with tablished at Edinburgh, and another at Paris in
of feelings of the strongest disapprobation. Mr. Ben- I
jamin has had nearly the whole of his terms I 1865. The amalgamation with the business
• of
'Flee remitted by the benches of the inn, and is by I Messrs. Maaterman and Co. took place in 1864. It
;ram his unseasonable call, although a name how in
I would appear that the London connexion of this
Mr- the profession, made to lead, as it le expressed
-that is to enjoy pre-audience over distinguished members 'Eastern bank operated
in its favour until the re-
ef our universities, who have been keeping their terms for cent difficulties, but then left it exposed to a
t a years. Why this has been done the public must be left
id_ to judge. What peculiar clalm. Mr. Benjamin
_ can have greater pressure than would have been
upon the benchcrs of Lincoln sann it would
be difficult to the case had it retained its original position.
ascertain. Sir. Judah P. Benjamin was published ass .
There is sonic reason to believe that the arrange-
barrister in the usual form by Sir Edward Ryan, and the
presence of the gentleman who was so lately in rebellion ment with Messrs. Masterman and Co. was pressed
arainst the lawful government of the United States ex- forward because the Agra Bank saw therein its
a. cited a..g0z1.. deal oflrotiwonimaweel
secuinrtosaittyihaVeieceee-iChnenany:
1 way to entering the clearing-house, a privilege which
Lrby e
After his call, Mr. Benjamin paine d at the students' had previously been denied to it. The following ex-
sea, table, and at the close of the dinner-the new-made tract of the bank's business card gives particulars
ant. barristers being called up by name to the bar
• table in order to take dessert in the private room of the respecting its capital, direction, and branches in
:mg benchers-upon the name of Mr. Benjamin being called Europe and India :
liet, there was considerable applause, not, however, unminglol.
The Agra and Masterman's Bank (Limited), (Established
Bto I with very distinct hisses. It is a somewhat singular or-
..
cir-
cumstance that immediately preceding Mr. Benjamin Incorporated by royalcharter. capital
was 1833).
Pon a dark-skinned gentleman from the East Indies, who will 1,500,000!. (one million and a half sterling.) Subscribed
sold be the late Confederate's senior. Some of the applause capital, 3,000,000/. (three millions sterling), in 60,000
by wthaislirnt7det for this getentwleaemilana nfilteßeniamin
age. The oath oa3 short,
t( shares of s°'' each. Number of shareholders, 1,400.
ate,
supremacy
ymaana verging
abjuration was taken by him with the art- Reserved fund, 500,0001. Head-office, Nicholas-lane, Lom-
ten_ most nonchalance.-Star. bard-street, London, E.C.
SACRILEGE.-St. Paul's Church, Westminster- Directors-George Gordon Macpherson, Esq., chairman;
road, Southwark, was broken into on Tuesday evening last, Frederic Mildred, Esq., deputy-chairman ; George Hay
0. and various articles of furniture, surplices, Communion Donaldson,Esq. ; Lieutenant-Colonel Dovetun ; Alderman I
rian cloths, Communion plate, &c., stolen. The thieves effected
Thomas Quested Finnic ; Colonel James Holland ; Lieute-
• an entrance through one of the larger windows, and made
tem • nant-Colonel Jas. Horsburgh Macdonald ; Robert Guthrie
their escape before their doings were discovered. The im.
Charles Grenville Mansel, Es
that elements with which they opened one of Mordan's large Macgregor, Eaq. ; q. ; Edward
1 in patent safes were left in the vestry, and it is supposed from Masterman, Eaq. ; John Carrington Palmer. EN. ; Wu.
~, what the thieves accomplished that they must have been in Liam Peters, Esq. ; Major-General James Ramsay ; James
..°° the church for some hours. Sydney Stopford, Esq. ; James Thomson, Esq. ; William
Man TRIAL TRIP OF A New AERIAL MACHINE.-The
took place in New 1•or
- k Harding° Tyler, Fag.
aion torinatthter,i2stlf:irw a
Thiesrialmaemac e
machine which is the invention of Dr. General manager, Mackintosh Balfour ;London manager,
rian Solomon Andrews, differsin many respects from an ordinary William Shipman; assistant manager, T. F. Robinson ;
balloon. Instead of being pear-shaped it more resembles secretary, T. J. Mac Ritchie ; chief accountant, G. B.
a long lemon terminating in a sharp point at either end.
Dolby ; inspector of branches, Richard Barnes ;auditors,
This floats horizontally in the air, and by means of a strung
J. H. Williams Esq , and Wm. Farr, D.C.L. and F.R.S. ;
, netting passing over the whole bag, supports the car,
ii . • .
°- shaped like • cradle, of wicker-work, about 8 feet in length so otters, Messrs. Upton', Johnson, and Upton, 20
0 re- by 2in width. A strong leather strap passing along the Austin-friars.
top awl bottom of the balloon, and drawn together by Edinburgh branch, 17, St. Andrew-square.-Directors:
cords, forms a deep groove in the upper and under sides.
Thomas Retaken, Esq., 08, Queen-street, chairman ;Daniel
The principle of its operation is that owing to
Ainalia,
rag.,
48,
moray-place ,
Ben
jamin
Burt,
8ag.,31,
its peculiar form it will move much more easily in
list
• the direction of its length than in any other, and con- Charlotte-square • , , George Moir Esq., Sheriff of Stirling.
r , . sequently when it is rising through the air or sinking gaze, 14, Charlotte-sq • uare Manager, Robert Hunter.
it the toward the earth, if one of its points be turned partially Paris Branch. 10, Place Vendome.-Directors : DI
a the in the direction in which it is going, the balloon will glide
Alexandre de Laski, chairman ; M. .Arles-Dufour, C.
i •off in the direction in which it is pointed, and thus by
esty s • member of the Chamber of Commerce of Lyons, and of
, alternately rising and sinking in slanting directions, the
eron;
, machine is propelled ahead. The balloon in which Dr. the Council General of the Rhone ;M. Edousrd Delessert,
ler°ll, I Andrews undertook his trip is about 86 feet in extreme 0., director of the Messageries Imperiales ; Al. Lynch,
D. length, and 42 feet in diameter in the middle. It con- C. B. ;M. J. 11. Pastre, 0., president of the Chamber of
1, for- tains, when fully inflated, about 60,000 cubic feet of gas,
Comme of Marseilles ;M. Charles Shutter, banker,
and is estimated to be able to sustain a burden of 1,800 .
Stern following director of the Credit Lyonnais.
pounds. The New York Tribune gives the
in . .
osen- account of the trip, from one of the gentlemen who ac- 1' -Cal tta
Brunches lndia, China, and Australia.-Calcutta,
za. cu ,
I, Fr. companied Dr. Andrews :-"At firststarting, as was appro. H. G. Dunlop, manager ; Bombay, J. W. H. Ilbery,
Mrs. headed, the ropes by which the rudder is managed became
manager ; Madras, William Birks, manager ; Kurrachee,
miry • entangled, and the vessel drifted some distance before
L H. Marescaux, manager ; Agra, Thomas Bailey, ma-
The
' she could be controlled. When the ropes became
clear, it was found that she could be readily managed and nager ; Lahore, Hector Gunn, manager hai, John
, • Shan g
turned in any direction, but owing to inability to give S. 'Wiens, manager; Hong Kong, Henry. oble, manager ;
)1:8E. the machine as much inclination aliwas neieded.,,,;tlzez.earebre. H. Hughes
Sydney, Alex. Campbell, manager; Melbourne, ,

MR. JUDAH PHILIP BENJAMlN.—Yesterday even-
ing the Benchers of the Hon. Society of Lincoln's-inn called
to the bar no less than 29 candidates for forensic honours.
Amongst these was Mr. Judah Philip Benjamin, of the
late Confederate States, so-called, of America. A number
of the members of the English bar regard the circum-
stances connected with the call of Mr. Benjamin with
feelings of the strongest disapprobation. Mr. Ben-
jamin has had nearly the whole of his terms
remitted by the benchers of the inn, and is by
his unseasonable call, although a norus home in
the profession, made to lead, as it le expressed
—that is to enjoy pre-audience over distinguished members
of our universities, who have been keeping their terms for
years. Why this has been done the public must be left
to judge. What peculiar claim Mr. Benjamin can have
upon the benchers of Lincoln's-inn it would be difficult to
ascertain. Mr. Judah P. Benjamin was published us a
barrister in the usual form by Sr Edward Ryan, and the
presence of the gentleman who was so lately in rebellion
against the lawful government of the United States ex-
cited a good deal of emotion and curiosity. Vice-Chan-
cellor Sir W. Page Wood was present at the ceremony.
After his call, Mr. Benjamin dined at the students'
table, and at the close of the dinner—the new-made
barristers being called up by name to the bar
table in order to take dessert in the private room of the
benchers—upon the name of Mr. Benjamin being called
there was considerable applause, not, however, untangled
with very distinct hisses. It is a somewhat singular cir-
cumstance that immediately preceding Mr. Benjamin was
a dark-skinned gentleman from the East Indies, who will
be the late Confederate's senior. Some of the applause
was intended for this gentleman. Mr. Benjamin is a short,
thick-set man, verging towards middle age. The oath of
supremacy and abjuration was taken by him with the ut-
most nonchalance.—Star.
SACRILEGE. —St. Paul's Church, Westminster-
road, Southwark, was broken into on Tuesday evening last,
and various articles of furniture, surplices, Communion
cloths, Communion plate, &c., stolen. The thieves effected
an entrance through one of the larger windows, and made
their escape before their doings were discovered. The im-
plements with which they opened one of Mordan's large
patent safes were left in the vestry, and it is supposed from
what the thieves accomplished that they must have been in
the church for some hours.
TRIAL TRIP OF A Nsw AERIAL MACHINE. —The
trial trig of a new aerial machine tout place in New York
on the tith ult. This machine which is the invention of Dr.
Solomon Andrews, differsin many respects from an ordinary
balloon. Instead of being pear-shaped it more resembles
a long lemon terminating in a sharp point at either end.
This floats horizontally in the air, and by means of a strong
netting passing over the whole bag, supports the car,
shaped like a. cradle, of wicker-work, about 8 feet in length
by 2in width. A strong leather strap passing along the
top awl bottom of the balloon, and drawn together by
cords, forms a deep groove in the upper and under aides.
The principle of its operation is that owing to
its peculiar form it will move much more easily in
the direction of its length than in any other, and con-
sequently when it is rising through the air or sinking
toward the earth, if one of its points be turned partially
in the direction in which it is going, the balloon will glide
off in the direction in which it is pointed, and thus by
alternately rising and sinking in slanting directions, the
machine is propelled ahead. The balloon in which Dr.
length, undertook his trip is about 86 feet in extreme
and 42 feet in ffiaineter in the middle. It con-
tains, when fully inflated, about 60,000 cubic feet of gas,
and is estimated to be able to sustain a burden of 1,800
pounds. The New York Tribune gives the following
account of the trip, from one of the gentlemen who ac-
companied Dr. Andrews :—"At firststarting, as was appre-
hended, the ropes by which the rudder is managed became
entangled, and the vessel drifted some distance before
she could be controlled. When the ropes became
clear, it was found that she could be readily managed and
turned in any direction, but owing to inability to give
the machine as much inclination as was needed, they were
unable to make headway against the wind which had by
this time become quite fresh. The utmost they could do
was to hold themselves from going with the wind, but not
to travel against it. Under these circumstances, it was
not judged advisableto go veryfar away, and after cruising
about for a while, the voyagers finally landed near the
village of Astoria, LI. The people of Aatoria rendered
them every assistance to secure and pack the balloon and
they all reached New York late in the evening, highly
pleased with their trip. Dr. Andrews and his companions
are all satisfied that by making Dome trifling alterations in
the rigging of the apparatus, they will be able to make
headway against any ordinary breeze, and they are all
sanguine as to the final success of their plan. As soon as
the requisite alterations are completed, another trial will
be made."
The number of states engaged in mining iron
is ten, viz.: Pennsylvania, Michigan, New Jer-
sey, New York, Missouri, Massachusetts, Connecticut,
Maryland, New Hampshire, and Ohio. Their rank, in the
amount produced, is in the order named. New Hampshire
and New Jersey raise mainly the magnetic ores ; New
York, the magnetic and hematites ; Connecticut hematites;
Pennsylvania and Ohio raise the argilaceous ores of the
coal measures, and Missouri and Michigan raise the com-
pact red and black oxides.—Ned York Herald.

manager•
The liabilities amount to close upon nineteen mil-
lions sterling, according to the last official statement
published in the Gazette last month, and which we
reproduce below :