The Northern Daily Times.
Liverpool, Merseyside, England, 1857-03-31 00:00:00

LATEST BETTING

METROPOLITAN.

5 to 1 agst Fisherman (taken and offered)
5 1 .. Madame Rachel (taken)
.. 1 . St. Giles (taken)
11 .. 2 Janet (taken and offered)
.10 • . 1 . Pathomi me ( taken)
12 .. 1 .. Winkfield (taken)
12 .. 1 Logie o' Buchan
20 ... 1 .. Cockatoo
20 .. 1 Gortschakoff
25 .. 1 .. Dundas
2,000 GUINEAS STARES.
7 to 2 agst Vidette (taken)
6.. 1 .. Schiedam (take 7to 1)
100 ..15 Loyola
8 .. 1 Sydney
10 1 .. Kent (taken)
10 .. 1 .. Bird in the Hand (taken)
10 .. l ... Lord of the Hills
DERBY.
10 to 1 agst Blink Bonny (take 8 to 1)
16 ... I . . Lady Hawthorne
100 .. 6 .. Tournament
20 .. 1 .. Bird-in-Hand
20 .. 1 .. Sprig of Shillelagh
.50 ... 1 .. Messenger
1000 ..15 .. King of the Forest
CHESTER cur.
9 to 1 agst Leamington (taken)
18 .. 1 ... Dulcamara (taken)
CITY AND SUBURBAN HANDICAP.
5 to 2 agst Vaulter (taken)
100 .. 7 .. Red, White, and Blue (taken)
100 .. 7 ... Aspasia (taken)

THE SULTAN'S MANIA FOR BUILDING.—Every one who
has sailed up the Bosphorus will remember, on its European
bank, an elegant range of white buildings, supported
by a graceful marble colonnade, with beautifully laid.
out grounds at the back, on the slope of the overhanging
hill ; this was the Palace of Tcheragan, built by the late
Sultan Mahmoud. Although the new Palace of Dolma
Bagtehe, not half a mile lower down the Bosphorus, is
scarcely finished, and not altogether paid for, the Sultan
has ordered the demolition of Tcheragan, and its
immediate reconstruction a little fu-ther in from
the water, at an estimated cast f nearly £2,000,000
sterling. He is also buying up at any price,
all the houses between the two palaces, about one hundred,
as he means to connect the two by a garden. With the
same intention, a barrack and a small arm manufactory
situated near the new palace have been levelled to the
ground, although they were both new and in very good
order. The Sultan?s mania for building seems quite
insatiable ; all his predecessors were, to some
degree, possessed in the same way, but Sultan Abdul
Medjid has far surpassed them all. He is at present
0 nstrncting no less than ten new palaces or kiosks
on all pans of the Bosphorus, and purchased besides
only a short time ago the palace of the Armenian Allahverdi
at Ortakicui, for the sum of 9,000,000 piastres,
and is flow trying to buy the adjoining limns to
enlarge it. Some of these palaces are for himself, others
for his two daughters, who have been betrothed, and are
shortly to be married.s The marriage ceremonies will take
place at the same time as the ceremony of circumcision of
the sons of the Sultan, and it is intended to diiPlay great
magnificence and splendour on this solemn occasion, to
pay for which a loan of 30,000,000 piastres is now being
negotiated in Galata. Jf the Sultan is allowpd to continue
this prodigal expenditure unchecked, it will be a serious
drawback on the unremitting efforts of the present Grand
V,zier to improve the resources of the country and
introduce order into its finances.

THE CON I'EACT TO LIFr THE SUNK FLEET AT SE PAS.
ToroL.—Prom an American source we learn some par ticu_
Lars as to the contract entered into by the Russian
government with Mr. I. E. Gowan, of Boston, U.S., for
raising the sixty four vessels of war composing the
fleet sunk in the harbour of Sebastopol during the late
war. In the course of an examination of the
condition of the ships, which occupied him for several
months, with a Russian steamer at his disposal, Mr.
Gowan descended with his submarine armour to the
bottom of the harbour and examined the sunken vessels.
Ile found that the channel of the harbour was in the
middle, with banks upon both sides, that of the north
being of sand, and that npon the south of mud. In the
sand there were no worms; in the mud they were quite
plentiful; the vessels exposed to the attacks of the worms
are now hut of little value, but it is said that only a
small portion, comparatively, were sunk where they
would suffer from their attacks, The machinery
of the ships, it appears, was carefully covered with a
preparation of tallow to prevent injury from the water,
but whether any of it still remains does not as yet appear.
Mr Gowan examined thirty of the vessels. The value or
the whole fleet is said to be 65,000,000 dole, and a certain
portion of the value of each ship raised is to be handed
to Mr Gowan at the moment it is restored to
the Russian Government. The American expedi-
tion will consist of two vessels, one of which
leaves Philadelphia on or about Ist April. The number of
persons en,gaged to accompany it is about 160. Some
of the hydraulic machinery for raising the vessels
is of a colossal description, one cylinder alone weighing
54,000 pounds. The value of the material to be furnished
by the Russian government to be used in the raising
of the fleet will be about 1,500,000 dollars; and the
time occupied in performing the contract will, it is thought,
be about eighteen months or two years. At Kertch
there are also some Ave or six Russian vessels sunk, which
are included in the contract, and in the harbour of Sebas_
topol there are some 600,000 dollars worth of chains and
anchors. In addition to the expedition from America,
the Russian Government bind themselves to furnish from
3,000 to 5,000 men, whose pay from Mr. Gowan will be
about 25 cents per day, they " finding" themselves.—The