The Express.
London, England, 1868-11-11 00:00:00

FOREIGN DONDHOLDERS.-(THIS DA T.)

A numerous meeting of holdors of foreign bonds
was Leld this afternoon at the London Tavern, the Hight
Hen. O. J. 006011X14 in the chair. to take steps for
formation of an influential council to protect the enteral+
of t.uch persons.

-
The Camelia:l, in opening the proceedings, said the
large attendance at that meeting afforded the bad proof
throe who convened it could have of the interest
which it excited in the City of London. The meeting
was convened ter the purpose of considering the measures
by which the interests of the large body of foreign holdors
in that city and elsewhere might be protected ant
ecru' ed as they could not be at present. (Cheers.)
The fact that the foreign bonds negotiated in
London alone, exclusive of many others which were
quoted on the Stock Exchange, amounted to 400,000.000!.,
showed that this matter was one of great importance, not
only to financial houses in the City of London, but to a
numerous class of investors scattered through the oountry.
It could hardly be regarded as a fact deplorable in itself
that the amount thus invested should be so large, because
the more scope was given to capital the better should
it be for all concerned. But great losses had some-
times occurred, great dishonesty lad sometimes
been manifested, and the object of those by
whom the meeting was convened was to see whether,
through better organisation, and with an absence of
riralry between different houses, some means could not be
devised whereby the interests of bondholders might not be
adequately protected. He would now call upon Mr. Geis-
tenberg, to whole energetic efforts this movement was
mainly due, to move the first resolution. (Cheers.)
Mr. Ginerrxxarno then entered at length into the pen-
non of the English bondholders, and the necessity for
mcc • united action than had hitherto been practicable, and
concluded by moving the following resolution :—`• That
in the opinion of the meeting the formation of a com-
mittee for the purpose of watching over and protecting the
interests of holders of foreign bonds is extremely necessary
and desirable."
Mr. C. Bat (Mesers.Thomson, Boner, and Co.) seconded
the resolution, which was put and carried unanimously.
On the motion of Mr. H. B. Swinni•P, M.P., seconded
by Mr. J. P. ClAliblat it was resolved—" That with the
view of giving weight to its recommendations and a prac-
tical character to its policy, the council should comprise
some members of those eminent houses who have had ex-
perience in dealing with f • governments."
On the motion of A • Wenn, and seconded by
Mr. Fanninucx CAXPION it was resolved—" That this
meeting recommend. and ;rill support the adoption of any
reasonable and practical plan far defraying** neomeary
expenses that may.besubmifted by the council hereafter to
the holders of foreign bonds when such council shall have
been duly instituted."
Colonel Enamors•r moved the following :—" That a
committee consisting of the gentlemen who have con-
vened the present meeting, with power to add to
their number, members of existing committees,
and other bondholders, be and are hereby ap-
pointed such committee, to be elmirged with the
ration of a general plan comprising rules and ens
for the proposed council; aloe be ecastitute the council
provisionally by appointing suitable bondholders to be-
come its members, and subsequently to submit the result
of their labours to the consideration and adoption of the
generall body of the holders of foreign bonds at a futwe
ineetuliMr. oft seconded the resolution, which was sup-
ported by Mr. ibEBRWOOD, and adopted.
Thanks were then voted to the Chairman, and the meet-
ing separated.

1111111 NO LtITALLIGANCL—(TirIa DAL)

(lIT mama's.)

lAMBS", Nev. n.--Wind at soca N.E., moderite burr, and
baly—alildit fall of rain.
Dom., Nov. 10.•- Arrived from the River and railed : Corona,
for Prat Philip ; Zits, Hoar Konu William Rimini, Bombay ;
Trident, Demerara: Bayard, Bensibay2 11. Hero, Bombay.
GILIVINKIIO, Nov. : for Bombay Point,
Jamska ; Yorktown, New York.
Leroarool., Nov. O.—Bailed : Sarah (amen, for Sierra Toone
Hanna, Cuba ; Vireo?* Bermuda. 10 Franklin, New Orleans.
LOCGII Foirut, Nov. 10.—Arrived : Moravia& (..), from Quebec.
kit Plaa ; proceeded for
eMormoen, Nov. 10.—Mai for New York.
Ptrepot-rn, Nov. 10.—bailed : Rama, for Caps of Rood hope.
Vaanwr, Nov. 10.--Bailod : (leaks, for Bugles dyne.; Dotty,
Bunko Ayres • liacolaior, Burson Ayres ; Yoshosod, Bahia
tivubmp, IPerolmibuen ; Patriot, Marsalkaas ; Jobasam
Haysaaah.
fdaawerover, Nov. In -Arrived : Tripoli :an), troy Neer
t
York, and left for Liverpool.
Keiworro, Nem. 11.—Arrived: Foam from Neweionle for
Bombay, to atop • leak.
DOLTIJAD Nov. W.— Ea Leinian, for Perinea: Prism
VAiword, lit. John' e.
',rearm., Nov. 11 ;ralm and thick weatber.)--Artived :
Tocbleven Castle, from tlingapore ; Bloomer, Pernambuco ; witb
cargo et John Blinfuan oondonned at kernanibuco ; 0. J. Roy,
Rabin: Ilyrion (r.), Alexandria: Ryi,an Aleseueln- •
Levant Bolina