The Sun.
London, England, 1855-02-08 00:00:00

_„....:_ --- ' I ,
. ,
- .
• - -
1.4,
Srltiee......
~ vi ....-..;.......„..,,,,,x,.„..4_,,,„,_
......0 Irkorm., LONDON' -1
3
... .
LI II VA. L.gAsnD AT FIXED RENTALS.
0...1 r.) - I. id.: -8,.
NI A ft li: E T SD ARE MARKETS.
Ivs." Cu4 A."I kNY • . (THIS DAY.) stir Paid. ParmAis. Leasing loans Prices istunnes el
was aga.;llPli ZU.I ,
iN
4,
--- T ELL lGlfiv - , E. R -----2.---- Compans. yesterday. this day.
AILWAYS. - -
•----.....—___. _ 50 all Bedford and London &
ided on the 04:1.1, ctotto,, CITY TWO o'(-1LOCK-.
.90 -dalark t - ' ';=)x. Paid. Barman. Mains Prices Business done Bletchley ... N. West. ... - •
100 1
1))., The
. sales
at Liverpool yesterday close(' yesterday, this day. St. 100 Rickghamsh. L. &N.W. 6 98
- . --- —............ St. 10,0 Ciydesclale Je la] edon... .9 101
st met we
Ilitznata
and
Qaies were 6,000 bales, including 25 24 Col.StonrVy. E. Un. &
rminatiodethes
4t 5
Maranham at 51d 63-d • 300 i 100 A.berdeon., „,.;•.• -- 20 21 Slid. and Hal. E. C.... ... - •••
-,:5 • to 4 • ,
gentleman , ill, id. to 93d . .-„,-, 1.2.' S:, Ambg Nottrg.T,,,, St. 00, E. Lincoln 41-
_,...rote• lg. per lb ~., 4• , and ook., Surat at 30. and Eastn. Juiv.t., 40 - 4i 6 per cent. it.Nrthu. 133 - 135
I was a g"' red N'. ' Railway Shares were generally -.0 all Belfast & Ballymena ... - ... St. all Glas. Barr. & Caldonian.
and also et. ti,,,
13i all Birming. Wolverii.4i. Neils. Direct
..thot kof ••• - •••
Stour Valley Bi - Si St. all Do. New Do .
)12 with ill"' P lee i,
tilie'loll tog
proeu by the late Government of the 31 Birkenhd. Lancsh. & • •• - •••
25 all Gllstr.& DILI , Gt. Wes-A ... - ...
....fRa ititer:hih , Pose alterations in the law of Cheshire lune .... . 12 -11 ,i 100 all lirtlpl. Dk. & Vic. New.
d a confer.- , ,
~.riug• OR , bap come not come too soon, for assuredly );7?,‘ all 00. Chesil. & Birk., Railway & Berw. ... - ...
.C,50 and £25 Con-. ,6i • 14 50 all Hull & Selbs Y. &N M 105 - 107
ran, aumro ia! 41 of ihe, 1"g been needed, and the usual 22 19 Do., £2ll - 6:(.'i 25 all Do. Sharer... Do. - ...
Ind a P i 7.1.
,_.OO RI of _ -,,ustry h-_ 25 30 Blytli &Ty-A 9 origina' .f•-• 2 all Do.
.f Shares. Do — ...
Fde Park,ol iv kt_ 4014 ~. J d 3 been greatly impeded for £25 fi sad. at £45, ••, .• • 12i all Loii.& Green's S. Easter 12 —l3
finding -moil; "'Leasure of the kind. Mr. Cardwell's St. 100 Bristol and Exeter... 94 1-743
>iins find- -.4 11 ulil. 1.20 all Do•Preferen,•( Do.. 92i - 233 23
00;na yet printed, but it is hoped it St, 100 Caledonian...... ... . 6143- - 82,i X d 10 all Lon., TH., &S ?eto &Co. 10i - 114
Fliers the 141" itt 14,
10 21s. Carmarthen an Car St. 100 Lowestoft gr.
k tile iir_P_lir?llwasive, and such as to digan.. - - •••
121 - 130 4 per cent. Norfolk._ ... - ...
stated 00 iwi, 04 .8,-,6e t requirement of capitalists. St. WO Do. 6 nee e',:,
50 all Chester & Holyhead.• •-• •
•••
1.4,d SP N 50 all Cork and Bandon ••• - ••• 54 all _ilanch. Bxtn. L.&N. -.,,::.
I snare"- ...I.4lLlrin7"'s Circular this VW' I"rf millide,, .-' , is week, we are 20 all Cork, Black, & Pass ... - ... and Matlocl, & Midld. 21 -21
TantiarY• _ Lio l %eh, uof the principles and operation of 20 16 Cornwall ... - ••• 50 all Sliddlesbro' & Stckton &
c,• and Old 'y
L_Nitg itia/r) and without giving a hasty opinion 10 li CrieffJuncLion ..,.. .•• Redear Darlingt. ... •••
tit
~ 50 45 Dublin &BelfastAno... 3j - 26 10C :;,11 Aidld.Bradfd Midland.. 92 - 94
Id him tit
ortt..
042,Pplicability, as a whole, to English 26 all Dundee Perth&Ab r••! 50 all Northern an,
garan 114,d ebb Cliktis '''' Parties •will concede that there is .been Junction.,.....' 6 : 7 Easternsp.c. E. Count. 57 - 59
Fie toi , kiter worth_ 25 all Do. New ... ... 50 all Do. 6 per et. D 0... ...... ... - ...
bow" .T of adoption or imitation. As
to Sitai is 41 rekillds . ' St. 100 East Anglian . 14 -15 50 all Do. Fixeds pe Do
kt. busb. us m the publication above men- 20 all Eastern. Counties__ 11E - 114 11i f 25 all ?rest. & Wyr. L. &N.W
stbsth il Clollip '11..6 ill Prance four distinct forms of St, 100 Eastern Union, IA &Ln&Yt ... - ...
29 -- 31
lie xe tot L part' viz., art Stock - •••
19 - 21
(i tieral P nership "en nom collec- St. 100 Do., B Stock St. 100 Roystn.&Hit. GtNorthr 132 - 135
a raple sy /... 25 .1.8 Shef•Roth II 11 ( Lancash&
"en commaiadite," partner- 25 B,i Do., New A
73 75
oaths Age. 4 14,414,113,n,..ip,
St, 100 last Lancashire Gooleg.s p.c. Yorksh.. •,. - .
tame OD 0_1:
of' ..,.,46, -4t,e4 pa and '.
and " les associations com- St. 100 alinburgh&Glasgoß 55 - 57 12 9i S. Staflord.sb. M:.MClean 21 -2 d
ging ba. 10 r N 444,,,, lelPation." In some respects the 10 all I Edinb. and Peebles 2d - par 50 ' all WearValleygi, itockt. &
St. 100 ildin.Prth &Dundee 19i - 20 6 per cent... Darlingt ... - ...
sox Oh: 0.- -I ki tielgrantecl to English companies con- 10 1 north & Clyde June. ••• ••• 25 all Do Do 3l —32
Reeves I vs• hpb..:4B Itii obtained under the French law ; 50 all Furness - St. ,100 ,Vilts&Comrst,GtWestn. 91 - 93
._- Re.o 4 i :illehni hrVe Si. 1er..........1,,,1,.... "sr +ls e• 1,1; n nil a 20 all Do. Extension ;,.,.. -
~...;,,
_

104:
icitle given by the late Government of the
et* Pro Pose alterations in the law of
04? 'las not come too soon, for assuredly
4of 41% long been needed, and the usual
otto'adustry has been greatly impeded for
44 bin. 6 keasure of the kind. Mr. Cardwell's
be 111. ig not
yet printed, but it is hoped it
the eQraPrebensive, and such as to
t
e lirgeot requirement of capitalists.
My r:/4,ker's Circular, this week, we are
t' ended of the
.04e principles and operation of
)gib i and without giving a hasty opinion
applicability, as a whole, to English
'llitt;111"t parties will concede that there is
N: Worthy of adoption or imitation. As
the: us us in the publication above men-
04411iii;°14 in France four distinct forms of
. kn) 1,12') partnership " en nom collec-
-6,.,44-ehr/41iP "en commandite," partuer-
hilleek°"3'ke," and " les associations cora-
042artioipation." In some respects the
thetill3 granted to English companies con-
08e ttiN.es obtained under the French law ;
is.lleacet° hoe a knowledge of the ruinous
1 : litt44t° both debtors and creditors
k 9 4 ra—t°ll) arising from the breaking
Y/4 1 ultitude of companies formed in
ISI :145) naiad comprehend that to meet
Otter ih. er° la really no general law, and that
ii'Lltiletia.",eliancery has decided in almost the
itt'tlie 41°20 another, or, after harassing the par-
ktaky 2411 expensive proceedings, extending
`U eat
44ontbs, has referred them at last for a
Ilkt: tyclatheir dispute to the common law
hitylttaciti:lllt of long sittings, laboured argu-
Oret 11-14.,_ appeals, and conflicting awards,
I,4ititi been beaten into some rude shape,
i,ki aa defective as the most lit` could
14„11 NI still g
as unsafe and inconvenient
Ik'' the call be. We are aware that this
: pittit°4°Bt important object which a new
liraliP will have to embrace, but
tartin
lila g point, and must be attended
14°4 any number of persons
ttel, in
promotion of some undertak-
es are published to the world as
Ihey incur expenses or eater upon
IVY. It seems from past experi-
"kunost impossible to recover a debt
Parties unless proof can be given of
'y' and then the action must lie
4oular Director who authorised. the
411PallY to incur the authority, or
given of a minute in the Com-
11,eliaaaed by the Board, if the whole
4 are to be sued. Wherever
'4ded, however, care is taken that
h* aball be forthcoming. Minutes
Lall/IlitY, not kept, and frequently
i,ll ey•d-Illuggled away so as not to be
be, 1-1'co• The simple remedy would
the that
Joi,t any promoter or director regis-
tc't th ' Stock Companies' office should
iie,,,,' aklistha4ta of the Company's appointed
iNtd...,thea We should have three advan-
' tell ie formation only of bona fide
theitlke 151,,,1 1 . fair partition of liability
8 concerned in bringing it
to eiNi-;"6
e,, 'taiit,' and a ready means for the
L) 44001ent. To make all parties
ctellaii Lblrectors are entitled to pro-
t,''' 114(ler i:Dliblic, it would be desirable
'.11;}! Ililtil ri, Nties even the issuing of a
." -me title 'f' the company and the
Prokot e 0
regie 1..,, r 8
9and members of the board
Prot:3l:"' This is one part of the sub-
other b' reference may hereafter be
4er branches,
vial), p
4atef tis u'ls ba-ve been flatter, and the
114
of .e account alone.engages attention ;
tt'o, of titl3'. Inn/nett, Considering the limited
i0:4,1„-e recent speculation. The Bulls ap-
'e,,4 11 'een Operating, however, more largely
Ljat 0174, and the " contango" is about i
f 0; Rt-°ll4(4llhave been 911 1, and since, 90i
lot, 34
.'4 lifer, and 91i to i for Account.
92
!Ztleetellts. have realised 914 to , and
lore` lticl*ie. It° i• Exchequer Bills haingnve been
o_
..444Q8125. premium.
144;.4 att,
ath'°® be °e been dull. One. or two 1
4bP itO g 9 Ifected, in Russian 4i per
kte vela 1 -_
d `4 li i The Dutch 2.- per Cents.
l'lla-fe9l3ioiwtion944. 4'44 El 4i per Cents. have been
l'"-Gre "re tla no ina
21 to nada beieprices of foreign
21. erred Bonds, 5 t 0.6 ; Mexi-
lotitki 50 eitlivian 70 to 71 ; ditto Three
1, . h ut(); Portuguese Four per Cents.,
Itv Oil,. u "LI Viv lOO to 102 ;
t,t 4 ,-"kid.a.„ • e per Cents.,
',
L Nil 1, 41-alf per Cents., 88 to 90 ;
NoNti "eferre
[, I. 'i 34 t ~,, , 17 Bto 1 g ,ditto
4_ .
d 177 • Three
lAi Nive °°‘ ; ditto Certificates, 4' to i ,
lio
~,,t , 4to 41
Nlith 'Week, 4•
44. 'lke fill' railway receipts ascertained up
kNO round figures as under :
ti %tern 1855. 1854.
. Pi,eate, ........................ £21,156 £19,674
tolleeteri; ••• .................... 45,179
k
49,187
;t.il/411/41,1,.4...........
...... :
............................
89:673663 190:868041971
t 4 N%..: ....................... 23'2205 2134'559
Nik:t...
... ••-. .................. 1,9,_ ,
1,44%
tv...herh ..
' .....

Glasgow &S. Western
Great Northern
Do., A. Stock
Do., B. Stock
ea. Sth. &West.(lre.;
'igreat West err
Do. Stour Val. Eai'
Gua. Stk

70 - 72
89i - 90
71 - 72
127 - ►29
90 - 92
66 - 661
60 - 62

PREFERENCE SHARES.
St. 100 Aberdeen I 99 101
St. 100 Do. No. 2,7 p. c 90 92
25 30 Myth andTynt+loper •••
c. pref. (issd. at 500
St. 100 Bris. St Ex. 4p. c. St. 92 91
20 5 Do. 4p. c. Shares —
St. 100 Caledonian £lO 96 —97 97 z n
15 all Chester & Holyhead
Guar. 54 per cent —
913 all Do. do. Pref. No. 2 ...
2i all Do. do. Pref. No. 2 ...
64 all Cork &Bandonsp.c —
64 all Dundee Perth &Aber-
dean Junction
63 all Eastern Counties Ex-
tension, sp. c. No.l 1 l pm
6 all Do. No. 2 r pm
10 all Do. New 6r. c. St. 124 —l3
20 all Eastern Union, Gar.
per cent
5 all Do. 51., 10 ner cent. ...
10 all Do. W. Debentr.Sh-
St. all Do. do. 4 per cent... ...
St. 100 East Lancash.6 p. ets.
5 all East and West York-
shire June. Fifths ...
St. all EdinbPrth.&Dundee
4 per cent.
St. 100 Glasgow &S.Western
Guar. 5 per cent ...xd
St. 100 Great Norttm. sp. c ll4 116
St. 100 Do. sp. c.
at 10 p. c. prom..., 109 111
St. WO Do. 44 p. c lOl 103
24 all Do. sp. c. Scrip, Red
at 5 p. c. ip
10 all Gt.N.ofScot.lstPref
64 all Gt. Southn.&Westm.
(Ireland) Eighths) ...
20 8 Do. 4 per c. Pref. St ...
50 6 Gt. Wostn. (Barks &
Hants Ex. sp. c) 6 64
St. 100 Do. con. ree .41 p.c 95 97 95&
St. 100 Do. eon. red. 4p. c B7 81
St. 100 Do. irred. 4 o.c.
8 all Do. Ilirm. Pref. Sh 9 - 104
10 all Do.Clicater3 p. c.P.S l6l 16:
10 all Da. do. sp.c. do lO 104
St. 1 0 Do. Birm. Gua. Stk 7O 72
26? all Do. Ches. Gus. Sh l9 194
all Do. do. do 94
20 all Do. do. do l4 144
16 6 Lan. &York. F. £2O 4d
St. LOO Do. 6p. c. Stock - 135
St. 100 London and Brighten
Guaranteed 5 p. e
St. 100 Do. Pref., 5 p. o. St.
St. 100 Do. New Guar.6 p. c.
St. 100 Lon. &N. W., Cot,. 4;
Nuneaton 5 p. ct —
50 5 London &S. Wester,'
Con. Thirds 2i 3 p
124 all Londonderry& Coler
Shares
124 all 'Londy. &Ennis.±t Sh —
10 all Wan., She., & Lin ,
New, £lO l2 122
6 45- Do. .£6 =SN
-
124 all tiarypt.&Carl.4p c
1.2 A all Do. 43 per cent
11; 104 Do ...
St. 1.00 Vlid.Consol.6 p.c.St —
St. 100 Do. Consol. Bristol &
Birm. 6 per cent— 123 135
16i 11 Do. Pref. 44 per cent 14 —ld dim
10 10 'Norfolk Debenture
St. 100 Do, Prof. 4p. c. Steel, S 7 89
St. 100 Do. 5 p.c. Eat 104 106
St. 100 Do. 5i per ct.pre -
St. 100 Do. Way. Val. sp. c.
St. 100 North British lOl - 103
-
St. 100 N. B. Berw, 49. c. P. 90 92
17 5 Do. do. do
20 13 Do. ?.cads 6 p.c
124 9 Do. do. Quarters 481
23 10 Do. York H.& s. Fur.;
20 all North Staffordshire I
St. 100 3xford,Worcester,
Wolverh..els, 6 n.c. 113 115
8 all Scot. Cent. ,New Pre;
25 all South Devon l4
10 14 Do. fixed 014 per cent 11 par
1.0.6 all S. Eastern (Reading
Ann.) o' 1.:1 Os. 6d. 23 24
20 all S. Wales Gila. 4p. c.
20 all Do. de. 44 p. c
20 all S'.Yorksh.dp.e.Guarl! 15 —/8
25 all Stockton and Dar-
lington, 5 per cent. -
...
25 11 Do. do. do. ip
124 all Stockton and Hartle-
' pool, guar. 5 p. c.
till Ist July, 1856 ...

66 6

Irish Sonth-Eastern.
Lancaster & Carlis'
Do., Thirds
Do. New Thirds.,,...
Lancash. andYorksl
Do Fifths

74 - 78
7 -
7 - 9
74g - 744-
- 44

•
Do., Wst. Riding Un
Liv.Crsby.&Southpt
London & Blackwal
Lond. Bright & S.Cst.
Lond. and N. Westu
Do. Fifths

7 88
99 - 101
1.001 -- 101
3 d Idl
d -
85 86
8 7 1;

Do.lo/.Sh.,M&B
Do. Eighths
London anclS. West'
Do., £5O
Do., £4O
laidndrry& Coleraine
Lndndrry. & Ennisk.
Linde
Do. Shares, No. 1
Do., Mau. Un
Midland
Do. Birmn g & Dern)
Aidld. G. West. (Ire..
Do. Half Shares
Newcastle & Carlisle
Nownakt.BuryExten ,
Nwpt.Aberg. &Hrfl
N'ewry & Enniskillen
'Newry Warrenpoint
and llostrevor
Norfolk
Northn.Conntios
North British
North Devon, No. I
Do., No. 2
Do., ADe rerred
Do., B Guaranteed
N. Eastern—Berwia
Do, do. Extension
00.clo. G.N. Purch
Do. Leeds
Do. York
North Loudon
Dc. New XlO

23/ - 24;
- E 3

693 69,',
41 - 43

ad— 8P
11 9
li 24

51 - 53

'q 38
30-
8 10

1`
6i
76 77
6 sAti
4
12 13
5*.3 f:4!
53
par

N.&S.Wstrn.,Harnp.
stead, and City Jr.
North Staffordshire.
North Western_ ._

pd
4
6 6
d

N. & S. Westrn.June
Nuneaton, Ilinckir.y
and Leicester..

Oxford, Worcester, &
Wolverhampton
ortsmonth
;cottish Central
Scottish Midland

31 - 32

58 IC3
62 E 3
8 —81. s
45 47
12 14
SEI 594
29 30

lhrewsby. ik Herold.
ihropshire Union
;with Devon
South Eastern
South Wales
;. Yrksh. dz Riv. Dui
i; 3

&Wol:
Stockton k Darlin
LG?.kton & Hartlap,
faff Vale
Do. i.O shares.
Do. Pre'., No.
shames Haven Doel
and Railway
gale of Neath

38 - 40

3 - 31
16 17
3 - 4i
23 -
- 6i

Waterfd. & Kilkenni
VVaterford&Limeri k
West Cornwall
West End of London
and Crystal Palace..
Nest London

i* -: 1'

Wimbledn&CroydoP

MINES.
1 all Arm Fria
1 all Anglo Austrin. Gold „,
10s. all A.nglo Californian 4
20 6 Australian — 1
1 all Australian Cordillera •..
1 all Australian Freehold
1 all Ave Maria ,
1 all Baden (Gd•Dachy of)
50 all Blmnarvou Iron and
.
Coal
20 13.5 British Iron 3 5
35 253 Brazilianlmp.(issued
at £5 pm 1 - 21
30 all Do. Cocacs & Cuiaba 1 13
20 15 Do. St. John Del Rey 28 —3O 291
1 3 Carsons's C..eek
1 3 Clarendon Cons. Min,
Co. of Jamaica id par
40 all Cobre Copper 45 47
5 1 Colonial Gold a
St. all Copper Min. of Eng. 50 -- 55
25 all Do. Pref. 73 p. cent, or 2 p
... 16 Copiapo ....,.. ....
5 all English and Austin.
Copper Smeltg rlO 1 2
2 E4'ortuna •— id
20 all General.
1 all Gt.NuggetVoinßeg. 3
4 all Great Polgooth.
1 all Liberty - •••
3 all Linares •63 73
5 1 Lusitanian Rd id
1 all Mariquita. ....... ..• •••
1 all New Granada
1 all New Linares Mining
and Smelting Co—_ •
1 all Nouveau Mondo -
20 all Pontgibaud Silver
Lead Min. & Smelt 131 143
5 1 Port Philip *
1 all Quartz Rock —
50 all nymney Iron 2l —t3
15 all Do. New 5 6
30 11/ Santiago de Cuba..,,, 4 4 43/
1 all South Australian l3 1
10 73 Tin Croft 1 2
28;4 all United Mexican 2l 2i
1 all Waller 4— •
1 all West Mariposa
1 12s. Worthing Mining o;
Australia
1 all Yuba ••• •••
25 173 AustralailiainSCAElgrilacul:E3°l3U.
—S 323 31 x d
20 ... Australsn.Pcific.Mail
10 all Australn. Royal Mai
10 53 Berlin Water Works 3 • 2.0
50 40 Brit. American Lam' (30 65
5 1 Brit. & Coln. Smeltg.
and. Reduction Co.. ..„
100 323 Canada •
118 120
St. 100 Canada Gov. 6p. ct.
Jau. and July 1073 108 1071 I
5 all Crystal Palace 33 31 31
4 all Crystal Pal. of France
1 1 Duston Tron Ore ,,,
••
20 5 Eastern Steam ••• ••
25 22 ElectricTelegraph(A) 153 —16 a
1 all Electric Tcleg. of Ir.
15 14 Gen. Steam Navigat. ... 281
20 all General Screw Steam
20 ] 0 Irish Beetroot Sugar
20 10 Magdalena St. Navin. _
10 all Mediteran. Elec. Tel. „,—
10 9 Mexican&S.Americn. 63
1 all Nat. Pat. Steam Fuel ,
10 5 Netherlands Land 4 14
2 1 N. S. W. Coal & Inter
Steam Navigat. Co.
1 all N. B. Australasian
20 123 Nrth.ofEuropeSteam ,„
5 all Peel Rr. Ld. & Minrl. 23 3
50 all Peninsular & Oriental ..„
50 all Do. Do. ••• •..p
2 all Portland Iron Co l- —2k
100 60 Royal Mail Steam
1 all Scot. Austral. Invest ll 2
1 4 Ditto New
25 all South Austral•Laxal 314 354
1 all Submar. Telegraph — 1
1 all Do. 11..21-Lterorl —• 1
20 • 5 Tr,,st & Loan Co, of
Upper Canada
100 283 Yan 'Noland s 13_,

• Y
ad takeili
t to cif
On IS
ileed. j
tbreeAr
d bo
rated fool
it he jor
hesq
ir
prison:to )1,
Beare% ger,
be VOl7l
Dlind
OP AO
',ere
060041
Uperi°
000
; C°

i0t,...4,.. -4ern.- ....................... 11,020 9,571
'11F41,4 ,;;: ............. 17,223 18,761
-44.4 4. orkehire ........
16,934 17,796
litt;4tlis ..... ...... 25 784 26,487
444 h Itail ............ ,
41b,' 41° way Shares have been heavy
),,i, 1. attiree turn lower, but there is very
‘l4 414/ foreiZat Luxemburgh are steady.
N nteely ," Shares are without change, and
244 'oloiliitillr business doing.
NiibitNt ta,„413.(1 Foreign Mines are dull ; the
i Ilkt g. rather lower, and the . Miscel-
ell nearlyllll4 all easier to buy.
8 ih,_ -......._
u 4, 13% ~,
----,
IN t, 1/01.,--ELIS DAY AT ONE O'CLO, 'h .
kt: P44,./tm. —I Re Oficial List. )
Itilgl ii:;%l:ad ti Business dons
, . 411._
~.‘.. 14 I_ll3ll:atlas.... ....... ••• DI- 4
ttstt.,,:,,,,,v4i.ez...iities 9l - S3i
't'llt touu Yettlkk,7lllltiei,
Sole ,1:Ide Po , Sth Jan., 18C0
Niel° Aote'4ooo-14re 10th Oct., 1859 4A
Vokolotler im_Plillt Bth
••• -
4,eq . -4a. ii '''' March 9lg A
b.ler lb". .. id.
)t Itt4, .04 ....
k` ,* 44 lii: .........
%pis , 18,59 3i per Cent. —
Vl,t,tllohitvob
Np1161:1.5 'lO'N FIiNDS AT ONE O'CLOCK.
1/4ki4411,:,.18,52PeAt, Cent _
110411,11, le -*1 Per Cent 93.1 44
o,4lkkit, bt1,148, s. Pei: Cent BB.:ii 9A
4te1it(11:4,3 Doer cent 761
'4140 °PertiZtre payable in' London.
'2A Per Cenetx.l2sGfurn 21
NI HALF•PAST TWO.
kr,. .....
........... . 904 1
,aroa Account
mi i

fl
apPlie4ol
red`
sre 1
Ott
wes
r sag',

41)04 *-aitiPpiNG__(THrs DIY.)
1S
6t4'Jklo;,.feb,
rNh br--eWind and weather this day at
tp, otq 4111 pebeze. with frost and snow.
%toile. • 7.—Wind N.B. Sailed—Victory,
krAtA Tti,
i,1,,N)4013141c; Ark' 7.—Wind E.N.E. Sailed—Rhine,
hthttc244, por. •S• Geyser, Eastward.
Qqt't koute E.N.E. Arrived—La
idea, for Havre ; Indus, Callao, for
'eb. 7
.-"Win I
zo N.E. Arrived—Primus, from
h-'4) Zi• 7.
14;0'4 Wind, E.N.E. The crew of the Lee
bwas abadone let
ttl'ktrel. t eLt4r.2l?g ht inhere off the Start, on the
41,t —Emerald Isle, from New York, for
th et
.44 °4
4Yres:).—
Wind, E.N.E. Arrived—Transit,

ZLECTitic TELEGRAPH.)
LIVERPOOL, Thursday, 11.8 s,m

111111
tti, 1413
V"
"
k • Pottinger, for Lima ; Ultonia, for Me,
te4
IL
‘''illVaet Pri hi.„ a ncess, from Dublin, is on shore in
tap ". lid dry,
4tituAß
A Ina INE AND BRITISH TELEGRAPH.)
GRAVESEND, Thursday, 0.57 a.m.
tt .Ide, four_ hours ebb ; snowing.
nueaes Rotterdam from Christiana.
)10 •t'f (s), ler Duukirk ; Sir B'

~.

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_~ --

Tits SENT, LONDON, "Ht-ItSDAY RVENING' PrIIRVARY I, 18111;

BRITISH INSTITUTION.

P being worthy of careful examination. "A view of the
Great Harbour of Malta" (154), by Mr. J. W. Carmi
chael, is a highly commendable picture. Much labour
has evidently been bestowed upon it, and hence its
finished and complete appearance. The details
of the shipping are brought out with scrupulous care,
and the grouping of the figures in the foreground
is animated and life-like. The buildings in the distance,
the gentle ripple in the water, and the atmospheric
effects are also handled in a masterly manner. Mr.
Copley Fielding's "Scene at the entrance of New Haven
Harbour " portrays nature under one of the most
lowering and threatening aspects. The restless ocean,
and the dark, thick, massive clouds are admirably
executed. A very noticeable picture, also, is Mr.
Welby's " View on the Coast of Riff, with Moorish
Pirates preparing for a Cruise."
We shall take an early occasion of resuming our notice
of the contents of this exhibition, amongst which are
numbers of pictures equally worthy of merit with the
foregoing. The exhibition was opened to public view
on Monday last.

The exhibition for this season of the works of British
artists at the above named institution was opened for
private inspection on Saturday last, and, as usual, at-
tracted an aristocratic and select circle of art-admirers,
who invariably patronise such occasions, and a tolerably
large number of artistic and literary celebrities.
The exhibition, though comprising some 540 or more
paintings, some of which are from tho easels of artists
to whom we are accustomed to look for something
beyond the ordinary range of subjects, is not at
first sight marked by any prominent or striking
feature, such as a picture which hung by merit in a con-
spicuous place attracts the first attention of a visitor.
In this respect perhaps it is wanting, but on a closer
and more careful examination of the collection, this
deficiency becomes quite absorbed in the gratification
experienced by the discovery of many really excellent
and effective compositions. There can, indeed, be
little question that, viewed as a whole, the exhibi-
tion very satisfactorily maintains the character of
the institution, neluding, as it does, works of nearly
every description within the scope and aim
of an artist. It comprises, as a chief feature, landscapes
depicting nature under almost every aspect, works of an
imaginative order, nautical and marine pieces, a
charming variety of morceaux in the shape of cabinet
pictures, and choice studies from actual life ; besides
sculpture, and other components of a fine-art exhibition.
Amongst the many subjects which are well deserving
of commendatory remark, and which are consequently
difficult in selection, we shall on this occasion call at-
tention to a few only that came under our notice, during
a somewhat hasty and cursory examination of the col-
lection, reserving the others for future criticism. Oa
entering the north room, the first composition which
attracts observation is the picture by Mr. T. M. Joy
(138), illustrative of the well-known interview between
Queen Elizabeth and the Countess of Nottingham, on
the death-bed of the latter. In conception this picture
is bold and vigorous, and the incident portrayed is
wrought out in a happy and life-like manner.
The costume of Elizabeth, and the furniture of
the apartment are true to the period, And are
rendered with elaborate care, whilst the expres-
sion of the perfidious Countess as she reveals the
fatal secret of the detention of the ring entrusted-to her
by Essex, and implores pardon for her fault, is vividly
realised. The indignant attitude of Elizabeth is excel-
lently well shown ; but, we think, that the artist has
endowed the Maiden Queen with too harsh and masouline
a countenance, and a look of fierce and unforgiving vin-
dictiveness which is scarcely consistent with the charac-
teristics attributed to her even by her bitterest enemies.
Close upon this comes a work by Mr. H.C. Selous, "Gil
Blas relating hie Adventures to the licentiate Sedilla" (155),
The incident is described as follows :—"They were both

(the housekeeper and the canon) much diverted, espe-
cially with the account of my last adventure. Camilla
and Don Raphael tickling them so much that it was like
to have cost the old canon his life, for while he laughed
with all his force he was seized with such a violent fit of
coughing that I imagined it would have been his last.
And as he had not yet male his will you may easily
guess how his housekeeper was alarmed." This quaint nar-
ration gives point to the composition; the mirth of the fat
and gouty old cation, though somewhat overdone, is
cleverly suggestive of an uncontrollable, suffocating
struggle between irrepressible laughter and obstinate
ooughing, and their not improbable effects upon the obese
licentiate are capitally hinted at. This is not lost upon
the buxom housekeeper, whose glance of mingled re-
proach and alarm at the inoffensive and smiling Gil Bliss
is capitally conveyed. In the same vicinity, too, hangs
a study of a female bust, by Mr. L. W. Desanges (153),
which is entitled "A Sybil." She is represeated
in the act of opening a scroll of Sacred Writ,
but the grandeur nod inspiration of such a theme is
by no means infused into the half figure before us.
Whilst, however, it is an exquisite ideal of female
loveliness, the charming delineation, but for its title,
might be the portrait of some oriental beauty. On the
opposite side of the apartment, the charming it of
painting by Mr. Sant, "Hear Thou in Heaven," stands
out in refreshing contrast with the foregoing. Here
the artist has happily succeeded in breathing bite -the
calm and prayerful upturned face of a sweet girl a de-
votional spirit more in harmony with the subject.
In the conception of "Bvangeline" (137) Mr. H. Bar-
raud has evidently entered into the spirit and feeling
of the author in his fanciful imagery :

" Yet were her thoughts of him, and at times a feeling

of sadness
Passed o'er her soul, as the sailing shade of clouds in
the moonlight
Flitted across the floor, and darkened the room for e.
moment ;
And as she gazed from the window she saw serenely the
moon pass
Forth from the folds of A cloud."

And he has reproduced it in a masterly style. The air of
pensive silence with which he has clothed the solitary
female is very striking, and the moonlight effect, which
is well and carefully worked up, materially enhances the
impression. Mr. F. Wyburd, also, in limning the

EASTERN RITAM NAVIGATION COM-
PANY.

The annual meeting of the Eastern Steam Navigation
Company was held at the London Tavern yesterday,
when a report was presented from Mr. Brunel, the en-
gineer, which stated that, as regarded the construction
of their first vessel and engines, the work had proceeded
steadily, and, upon the whole, most satisfactorily. All
the main bulkheads forming the 60-feet compartments,
and the longitudinal bulkheads, together with the 40-
feet and partial bulkheads constituting the framing of
the middle body, or nearly 400 feet in length of the ship,
had been completed, and the plating of the inner skin of
the ship was commenced, and already form a very con-
siderable extent of cover, under shelter of which the
longitudinal ribs and the outer skin could be proceeded
with in all weathers. The work generally had now ar-
rived at that state at which, with the arrangements that
had been in progress during the last month, the con-
tractor would be able to proceed much more rapidly.
Of the engines, nearly all the prinoipal parts were cast,
the cylinders bored, and the wrought-iron work in a
fair state of progress ; the boilers were also in hand.
The unusual dimensions, the general forni and mode
of construction of all the parts involved by those dimen-
sions, the necessity of studying each part in detail, so as
to obtain by judicious mode of constructions alone the
greatest amount of strength with the minimum amount
of material; all these circumstances, and particularly
the last, had rendered necessary
,a very large, though
unseen, amount of labour in the preliminary plans and
stages of the work ; and although he had, for nearly two
years before the contracts were entered into, devoted a
great deal of time and thought to the subject, yet, of
course, until the exact size of the vessel, and the general
none Of these matters could be gone into in detail. Much
plans of the company had been finally determined upon,
time had consequently been required to mature and pre-
pare the plans ; and as he had made a rule from the first
that no part of the work should be commenced until
it had been specially considered and determined
upon, and working drawings in full detail prepared,
and after due deliberation formally settled and signed,
the work did not make at the outset that display of pro-
gress which might have been made if less regard had
been paid to establishing a good system, which would
prevent delays hereafter, and insure a more perfect and
satisfactory result. He was not prepared to say that
the work was in that state of progress which would
insure its completion within the period fixed in the con-
tract ; but be was certain that if they had proceeded
with less system, they would have much delayed the
final completion. The whole of the vessel was divided
transversely into 10 separate perfectly water-tight com-
partments, by bulkheads, carried up to the upper deck,
and consequently far above the deepest water-lines, even
if the ship were waterlogged, so far as such a ship could
be ; and these being not nominal divisions. but complete
substantial bulkheads, water-tight, and of strength suffi-
cient to bear the pressure of the water, should the com-
partment be even filled with water, if the ship were
supposed to be cut in two, the separate portions would
float safely ; and no damage, however great, to the ship's
bottom,. in one or even two of these compartments,
would endanger the floating of the whole, or even
damage the cargo in the rest of the ship, or above the
main-decks of the compartment in question, and all
damageable cargo would be stowed above that deck.
Besides these principal bulkheads, there was in each
compartment a second intermediate bulkhead, forming
a coal-bunker, and carried up to the main-deck, and
which can, on any emergency, be Closed. There were
no openings under the deep water-line through the prin-
cipal bulkheads, except one continuous gallery or pipe
near the water-line, through which the steam-pipes pass,
and which will be so constructed as to remain closed—
the opening being the exception, and the closing again
being easy ; and the height being such that, under the
most improbable circumstances of damage to the ship,
ample time would be afforded to close it leisurely, and
to make it perfectly water-tight. The directors then
say they see no reason for any abatement in their con-
fideace in the undertaking since their last report ; but,
on the contrary, they think that the public inquiries
and discussion to which their operations have given rise
have, tended to increase public confidence in the prin-
ciple of the enterprise, nor do they think that
it is too much to assume, in the present state of
public affairs, that a time may arrive when the success
of their endeavours will be found to be attended not
only with advantage to the proprietors, but also with
great end important national benefits. In the course of
a conversation which followed the reading of the report,
it was explained, by the chairman and Mr. Brunel that
the vessel would be completed in about ten months, but
should the Government wish to take it up, there could
be no doubt that the work might be hastened. A further
call of about 4/. per share would be required for the
completion of the vessel, and a call of 2/. 10s. per share
bad been made that day. No additional calls could,
however, be made without three months' notice. The
report was adopted, and the usual formal business trans-
acted, The following is a summary of the receipts and
expenditure from the formation of the company, from
January, 1851, to 31st December, 1854, viz. --
Total amount received
Total amount expended, viz. :
For preliminary expenses, charterer incor-
poration, deed of settlement, Parliamen-
tary, law, engineeer, interest, and other
charges
Paid to contractors ...2165,246 13 4

" Maiden, with the meek brown eyes,
In whose orb a shadow lies,
Like the dusk in evening skies,"
(6) has happily caught the meaning of the lines,
and the result has been 'a charming picture. The
principal contributon of Mr. R. Buckner is one of
rather large dimensions, "A. Shepherd of the
Campagna di Roma" (19), which, though somewhat
commonplace in its character, is nevertheless a work of
considerable merit. "A. Doubtful Recognition" (150),
by W. T. F. Dicksee, is an exceedingly clever bit of
painting, and attracts attention from its very natural-
ness. We cannot say we admire Mr. Wilson Dyers'
effort, " Mariana in the Moated Grange;" it lacks
idealitythepicture
andexp
displays though viewed in an executive
light, ys a good deal of ability. "The
Swoon of Endymion, by J. G. Naish (418), is a very
praiseworthy and commendable picture. It illustrates
the following passage from Keats
"At Neptune's feet he sank. A. sudden ring
Of Nereids were about him, in kind strife
To usher back his spirit into life :
But still he slept. At last they interwove
Their cradling arms, and purposed to convey
Towards a crystal bower far away."

174,668 6 5

Leaving balance in hand Dec. 31, 1854 £12,900 1 6

THE CAVALRY HORSES IN THE CRIMEA.

Allow me to inquire, says a practical farmer, writing
to a contemporary, whether the horses employed in the
transport of ammunition and provisions, &c., from Bala-
klava to the English camp are fed with a sufficient quan-
tity of corn—either oats or beans ? I have seen accounts
of quantities of hay being sent out, but no corn men-
tioned. Now, being a farmer myself, and working 30
horses regularly, I feel that, as a practical man, I may
venture to give an opinion. The accounts we read of
the miserable deaths of hundreds of poor, overworked,
underfed animals, and the still more horrible statements
of the same consequences ensuing to our army in the
loss of thousands of valuable lives, lead me to trouble
you with a few lines. A horse will stand a great degree
of cold and much severe exertion if he is allowed plenty
of corn. Each of the horses employed in heavy work
ought to have 111 b. of oats and 81b. of beans, with 141 b.
of bay daily. Half a hundredweight of hay, which a
horse without corn would eat, would not enable him to
sustain hard work and exposure. In fact, a horse can-
not work without plenty of corn, and the corn is easier
of transport than hay, as 201 b. of corn, with a small
bulk of hay, will be of more service than 601 b. of hay
alone.

The grouping of the troupe of pretty nymphs, who
bear their senseless and beloved charge beneath
the " cool translucent wave," indicates consider-
able taste and artistic skill, and the idea of on-
ward motion is admirably imparted to them. The
colouring is exceedingly harmonious ; but a little more
roundness in the treatment of the fleshy portions of the
reproduction J.
of W.
en composition would have been an improvement. "The
yßordervigorous
EI
eGolf thoseass(2 h2Ba)rdisy
andaboldand
adven-
turous warriors of the north in byegone days. His
aspect is fierce enough in all conscience, and the power-
ful and bounding steed on which he is mounted seems
animated by tbe same fearless and restless spirit as its
rider. The foreshortening of the horse is admirable.
The study by Mr. T. J. Barker (455), of an incident in
the life of William Rufus, as related in an ancient MS.
Chronicle in the Royal Library at Neuilly,
is a work
of no ordinary merit. The incident which is thus
stated being widely and spiritedly wrought out :
" While hunting in the New Forest he ran a royal hart
to bay, and, springing from his horse, dashed suddenly
at it. He would have brought it to the ground, by a cut
with his short hunting sword, but the stag turned swiftly
round and threw him. Adela, a lady of the Court, see-
ing the danger of the king, spurred up in time to kill
the deer, and saved the life of her royal lover. Amongst
the few Scripture subjects, "Haman's Punishment," by
W. Denby, struck us as being the principal and most
deserving of careful examination. Mr. Lance is repre-
sented by ono of his beautifully-painted
and luscious
heaps of fruit, which fatly maintains the high reputation
he has acquired in that department of his profession.
Amongst the landscapes, which, as we have stated, form
a leading feature in the exhibition, W. G. E. Hering's
view of " The Church and Convent of the Madonna del
Sasso," upon the bank' of the delightful Lago Mag-
giore, occupies a high position. In it are concentrated
the glories of an Italian scene, and the artist has done
ample justice to them all. The blue transparent and
unruffled waters of the lake, and the dreamy distance
beyond, are finished with an exquisite touch. In Mr.
Lear's " View of Windsor ,Castle from St. Leonard's
Hill" (317) we recognise a familiar but magnificent
prospect, of much breadth and extent, which effects the
artist has very felicitously succeeded in imparting to his
work. "A Stack-yard in Sent" (93), by lir. W. P.
Ferguson, presents many excellent qualities in an artistic
sense, and the scene, with all its accessories, is exceed-
ingly pretty. Mr. J. Bell, in (151) "The Rheinfels," has
transferred to canvas one of the most remarkable portions
of the beautiful scenery of the Rhine. As one of the best
winter landscapes we have ever seen, we may y refer to
" A Winter Afternoon," by Mr. Branwhite (175). Mr.
Such has also sent a clever one of a similar class (154).
L The "Park," (443,) a joint production of Mr. Creswick
ansl Mr. Ansdell, displays in a very marked manner
the characteristic excellences of the respective artists.
We may also notice in this department " The Trophies
of Youth," by Mr. Denby ; "The Castle of Canero"
and " Birk Crag," by Mr. Stanfield " A Woodyard,"
" Evening," by Mr. Mark Anthony; " Morning on the
Lake of Come," by Mr. 11. J. Johnson, and An
English Autumn Afternoon," by Mr. F. M. Droll', as

I read of 500 fresh horses being landed at Balaklava.
Allow me to ask whether stabling is put up for them
there ? As hundreds of huts are lying useless, why
not shelter the horses with them, if they cannot be
got up for the men ? A. certain number of men
ought to be spared to attend wholly to the horses
and if they were kept at Balaklava, no extra labou'
would be required in taking their corn up to the
camp. If well stabled and fed, why should they not
be as strong as our horses after eight hours' hard
ploughing ?
They seem sadly to want practical men among thorn.
I feel amazed that we still read of the men being obliged
to carry up their own rations. Cannot horses or mules
be found near the Crimea ? If they cannot, better risk
the transport of a fresh supply from England. It will
be two months, it is said, before the railway can be com-
pleted, if it is ever done ; why not immediately send
horses and light carts on two wheels, with 250 men to
drive them and take care of the horses, also a number of
carpenters, to put up the stables, and also corn for food?
There would be no difficulty in providing horses, for
such is the feeling in the country that I should think
there is hardly a farmer to be found who would not in-
stantly spare one from his teats, and a clever man Iron
his employ, if needed. Let orders for the making of the
carts be issued immediately to 50 different wheelrights,
if necessary, and such is the facility afforded by railway
that if a carte blanche were given to a practical man,
such as Mr. Peto, or somebody like him, who would set
about the work without losing a day, in a fortnight the
whole might be on the sea. It's of no use talking and
lamenting over the deplorable state of things in Parlia-
ment night after night. Why not at once set to work ?
Let there be 500 horses well-stabled and fed close to
Balaklava, and 250 men sent out to groom and feed
them, harness them, and load the carts, drive them
to the camp with provisions and clothing, and bring
them back, and have nothing else to do than attend to
them. By this means 200 tons of food, &c., might be
conveyed daiiy, even if the road be as bad as stated. The
carpenters might be sent out before the horses and carts
were ready. I know not who the person
is who Las the
power i
to order as I propose, but, whoever he is, he is
sadly to blame not to have done so l?ng ago. I hope
that, after your exposure of the mismanagement at
Balaklava, my remarks may have already been taken to
provide horses and men ; but, as there seems to have
been more talking than doing hitherto, I venture to pro-
pose that something may really be done.

EXPENSE OF THE NATIONAL DEBT COMNIISTONERS.
—The charge for the general management of the office
of the Commissioners for the National Debt last year
was about 4,701/.

LITEIiATUBE.

The Rambler. Burns and Lambert.

The February number of this ably-conducted
Roman Catholic periodical contains a somewhat
remarkable leading article on " Catholic Politics
and Catholic M.P.'s." Evidently dictated by a sense
of duty rather than by the exigencies of partisan-
ship, the article supplies us with reliable informa-
tion respecting the affairs of British and Irish Ca-
tholicism, in a political point of view, and reveals
the feeling with which the present state of things
is regarded by the more enlightened and reflecting
portion of the Roman Catholic community. These
affairs are described as being in an eminently un-
satisfactory condition, though better than they
used to be. Having dwelt with some bitterness on
, the price formerly paid by Roman Catholics for
Whig patronage, the writer arrives at the year
1851. The crisis of this period, we are told, re-
sulted in the liberation of Catholics from Whiggish
tyranny, and their establishment as " compara-
tively a free-spirited, manly, and self-relying
body." Notwithstanding this, the position of the
Catholic cause in Parliament, and in all its rela-
tions to the State out of doors, is described as being
anything but what it should be. Its political re-
presentatives, both past and present, find little
favour with the writer. The Earl of Shrewsbury,
he tells us, did nothing ix the Lords, and in
Downing-street did more harm than good. Shia
was " a brilliant and almost a powerful speaker,"
but he was a mere political partisan, and
had no Catholic influence. O'Connell even
effected " very little indeed," and of the system
of Mr. Lucas (to whose abilities, and whose in-
fluence as a Catholic, ample justice is done) it is
said "no good can come' of it, and it has borne
no fruit, but " veritable apples of Sodom." His
followers have "contaminated Catholic interests"
by a " blackguarding" style of oratory, which "pre-
judices every right-thinking man among the Pro-
testants against us." The spirit of the Catholic
newspaper press, it would appear, is not more sa-
tisfactory, the fiery personalities of the adherents
of the Tablet being met by the diatribes of the
Weekly Telegraph, which " has literally no aim
but the personal abuse of Mr. Lucas." In con-
clusion, the writer gives it as his opinion " that
the advancement of Catholic interests with regard
to the State and the world in gentuni requiLca 0.
perfect freedom from all party ties on the part of
our Catholic representatives." "Compton Hall"
progresses in interest, and " A Conversion under
the Old Penal Laws" is concluded in the
present number; " Our Camp Disasters and
their Cause ;" " Gleanings trout the Broad
Church ;' " " How did Scotland become
Presbyterian ;" and "The Blind Leading the
Blind," are the principal remaining papers, all of
which will be read with interest. The number, a
good one, is embellished by two engravings of
scriptural subjects, and a vignette map of Pales-
tine, the contributions of episcopal and lay mem-
bers of the Roman Catholic Church.

The Journal of the Royal Agricultural Society of
ngland. Vol. XV. Part 11. John Murray.
This national agricultural journal, for so it may
be called, opens with the second and concluding
part of the prize report by Clara Sewell, read on
the " Farming of Oxfordshire." From this
thoughtful and practical paper it would appear that
beer-loving Oxfordshire is not now a laggard in the
race of agricultural improvement, but that while
much remains to be done, a good deal is likely
before long to be effected; Two or three years ago,
for instance, the use of steam iu threshing was
hardly known in Oxfordshire, and now twenty
steam-engines are thus employed throughout the
county. The breed of horses for the plough has,
it seems, deteriorated, owing probably to the fact
that horses in Oxfordshire farming are worked too
long fasting—two hours in fact longer than the six
which the society's journal has pronounced too
long. On the Cotswold hills we are told oxen are
yoked three or four together, and after two years
work at the plough are sold to the Buckingham-
shire grazier. Perhaps the most important, and
certainly not the least lengthy and interesting
paper in the part is that "on the flesh of the Ox,
Sheep, and Pig, as indicative of the ago of the
animal," being the substance of two lectures de-
livered before the Royal Agricultural Society of
England, by Professor Beart Simonds, of the Royal
Veterinary College. The paper is profusely illus-
trated, and the learning of the Professor is thereby
rendered practically available to the average intel-
ligence of breeders and purchasers of stock. The
aid of the microscope seems to have been
as liberally as judiciously put into requisi-
tion, and the result is a valuable treatise.
To this succeeds a "Report on the Exhibition and
Trial of Implements at the Lincoln Meeting, 1854,"
which seems on the whole to have been satisfactory
—the field trials, however, proving " the absur-
dity of ploughing up at one time so large a mass of
inert, stubborn clay." The importance of steam
power, and plenty of it, in farming operations, is
forcibly urged. Chief among the remaining papers
is the prize report by Louis H. Ruegg, on the
" Farming of Dorsetshire." This has evidently
been got up with great care and considerable con-
scientiousness and is rendered more valuable by
being illustrated. Among the illustrations aro an
outline of the geology of the county, a sectional
view of the strata from Portland Bill to Patson
Hill, and farm-yard and cottage Plans. The re-
port is far from being unfavourable, and by no
means countenances the notion of " once bad,
always bad." The condition of the Dorsetshire pea-
santry and their cottages has been greatly imroved.
Good service, we are told, has been done by the
establishment of various agricultural societies and
farmers' clubs, and in one district a labourers'
friend society works steadily and well in the pro-
motion of its objects. The extinction of the deer
in Crauborne Chase is designated as the crowning
improvement since Stevenson's report. What
remains to be done in the way of improve-
ment
is much the same as in other countries. To
use the words of Mr. Pusey at the Smithfield Club
dinner, speaking of agriculture generally, " There
is a great deal of discovery to be made, and a
great deal to be done for the diffusion of
the discoveries to be made ; there are still large
quantities of land to be drained ; there are a great
many hedges to be removed or reduced, and a great
deal of couch to be rooted out." A prize essay
on " The Natural History of British Grasses," by
Professor Buckman, and another on the " Cultiva-
tion of Beans and Peas," by R. Vallentine, of
Burcott Lodge, Leighton Buzzard, will be read
with interest, as will a paper "On Diminishing
the Quantity of Roots used in Feeding Cattle,"
and an essay by John Thomas Way, " On the In-
fluence of Lime on the Absorptive Properties of
Soils," the concluding paper of the part.

THE ADMIRALTY AND BALAKLAVA
HARBOUR.

Admiral Berkeley's defence of the arrangements in Ba-
laklava, harbour, says a writer in the Times, by no means
settles the matter, though it may establish the particular
point alluded to—the efficiency of the local naval men. The
public may not have been satisfied on this point, though
everybody acquainted with such men as Sir E. Lyons,
and Captains Mends, Dacres, Heath, and Powell, re-
quired no such assurance. If such men fail, men so
remarkable for zeal, intelligence, and untiring activity,
where are we to look ? But, while cheerfully bearing
testimony to the value of the wcrking navy, I can-
not acquit the Admiralty. There are sources of dis-
order at Balaklava, and throughout the transport ser-
vice, which may be directly traced to the latter, and
over which the former have no control. Mr. Bernal
Osborne seems to think that the Board of Admiralty
is safe from the storm of public wrath, ready to an-
nihilate jobbing or incompetent administrators ; but
let a little light be thrown inte certain dark cor-
ners at the Admiralty and some facts rather more
curious than creditable will come out. I wish to draw
public attention, and that of members of Parliament to
the entire state of the transport system. Let us ascer-
tain how this most important service has been conducted.
England demands perfection in this branch, to compen-
sate for the numerical inferiority of her armies and the
difficulties of an insular base. The arrangement of this
vital matter has been left to the Board of Admiralty,
who, whether from supercilious contempt for a non-
combatant service, from political p
jobbery,
old worn-out
o,orfrowmut
it igno-
rant false economy, have
men to these posts. Will be believed that at the com-
mencement of a great war, requiring the utmost energy,
activity, and zeal of everybody concerned in the transport
y selectedliseouutle lieutenants, naval
ava
patriarchaloffi erafbnyatslt:heeiunidrrammiilritaaalnrtdyy
stores—the vesr
of troops and
were v
feeble ? On taking up the Navy List I Ind that the
operations—the
enerabie
first on the transport service was made a lieutenant 46
years ago, the second 41 years ago, and so on ! It was
quite a painful sight to see these poor old fellows assem-
bled on board the flazship in the Black Sea. All bands
gazed on these antediluvian curiosities with feelings of
wonder. It was whispered that some of them had
served in the Ark. Such men must necessarily be soured
by disappointment—a feeling that does not promote zeal
or counteract old age and infirmity. We shall be told
that the duties are not very important (which I deny),
aid that young, zealous officers, cannot be induced to
accept such posts (which I doubt). Let officers find that
zeal and efficiency in this most valuable service do not
,go unrewarded—that he who distinguishes himself in
forwarding a great expedition is not to remain a lieute-
nant for 46 years ; only reward merit in whatever shape
it may show itself, and there will be plenty of good can-
didates. But at present the transport service is certain
neglect—the refuge for the destitute.
When we consider the miracles the French have per-
formed with their wretched little transports—l speak
from personal observation of their landing and camp in
the Crimea, and of their hospital at Pera—and contrast
them with our vast fleet of magnificent merchantmen
and huge steamers, we may well ask a question or two•
The last year's bill for the transport service is said to

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