The Sun.
London, England, 1855-08-31 00:00:00

VENEZUELAN BONDHOLDERS.

A meeting of Venezuelan bondholders was held yes-
terday, Mr. J. D. Fowles presiding, at which it was
unanimously agreed to reject the proposal made by the
commissioners for the settlement of that debt. It ap-
pears that Messrs. Corvaia and Pardo, who represent
the Venezuelan Government, have been in communica-
tion with the Committee of Spanish-American Bone.-
holders,, but the terms are regarded as so inadequate as
to be wholly unworthy of consideration. The basis of
the proposal is the payment at 2 per cent. interest on
the active debt and arrears, and of 1 per cent. on the
deferred, and it is stated that the commissioners cannot
improve theta in any shape. They profess, however, to
be prepared to use their influence with the Government
to obtain, if possible, ane-quarter of the Customs' reve-
nue for the benefit of the foreign eredit.ir, to be divided
in proportion to the class of represented debt. With a
revenue which has increesed from $1,721,000 in 1839 to
$3,444,000 in 1853, it is urged that a less objectionable
proposal should have been made, and it is contended
that the eXertione of the agent of the bondholders in
Caraccas (Mr. Camancho) will probably produce a more
satisfactory arrangement, Annexed are the resolutions
adopted
Resolved—That the proposal made by Mr. F. Corvaia
and Mr. M. Pardo, jun., dated Paris, the 2d of July, in
relation to the foreign debt of Venezuela, cannot be enter-
tained by this meeting.
" Resolved—That, for the convenience of the Venezue-
lan Government, this meeting will consent to receive pay-
ment of the arrears of interest on the Venezuelan debt,
active and deferred, in a stock to be created for that pur-
pose bearing interest at the rate of 5 per cent. per annexe.
provided that a satisfactory arrangement can be neit(ilit
with the Government of Venezuela for the future pal
of the accruing interest on the foreign debt.
o evne
td
a r r"a tgeesm —toThb
ea tmtandi se mweiet tbi ies
Go foci& irnnimo%tth
of
t iv'
znela for the future payment of the interest.
the
foreign debt an adequate assignment of the
the amount
toms should be made by that Government,
ees Venezuela
thereof to be received in the Custom-hruon 0/
du ti e upons
of
of
tShpa.nish-Am erican
Abymaegreionatns tßoobnedbaopipdoeirnet.ed by the Com ittee of Spanish-
Bondholders be requeste jotnlnue exertions to
stment of the Venezuelan
" Resolved—That the Cdo
ailtomtic
bring about an immediate
may
pert."mi
foreign debt in the best manner that circumstances
RAILWAY TRAFFIC RETURNS.

tInEAT NORTHERN RAlLWAY.—Traffic return for the
week ending Aug. 1K191,a81t855 £22,874 8 2

Corresponding wee! year .................... 19,860 li 5
...............
....
CHESTER AND HOLYHEAD RAILWAY.—Traffic return for
the week ending Aug. 26, 1855 £7,017 6 7
Corresponding week last year ..................... 6,89610 2

1855 x
Decrease in ............................ £l2O 16 5
CORK AND BANDON 11A1LWAT.—Traffic return for week
en: dug Aug. 25, 1855
£226 1 6
Correepoadiag week last year

The hollyhock, a flower till lately thrown aside, used
only to fill up a blank corner or hide an old wall, were
magnificent, many of the stalks covering six feet in
one mass of blossom ; the spikes shown by Messrs.
Galant and Benningfield being particularly remarkable
for depth of colour and richness of hue. Of the
dahlias, it may be said they abounded in all the qua-
lities necessary for a prize shove ; and so general was
the merit, that it was a very difficult task to give
a just preference. A few seedlings were shown which
appeared to excite a good deal of interest among the
growers. In rose., as usual, the Messrs. Paul, of Ches-
hunt, shone in the first tank ; nor wire their hollyhocks,
I in our estimation, inferior to the best, though tho first
prize was not awarded them.
At a very early hour the lovers of Flora began to ee-
-1 semble, and up to seven o'clock continued to increase, so
that by this hour, not only was the theatre, which was
beautifully fitted for the show, crowded to excess, but
the gardens throughout were lined with visitors.
Before the leading attraction of the day had passed
away it was evident there was soae feature expected
which proved to be the leading feature of the night—
this was the Ashburnhana Military Speetacle=the Storm-
ing of the Mamelon Verb and Capture of the Rifle Pits,
which was repeated with all its characteristic incidents
and pyrotechnic effects. To give an idea of the crush
to gain reserved seats is simply impossible. Not only
was every on. secured the moment an opportunity
offered, but many urgent applications were necessarily
refused for want of room. Dancing was resumed and
continued till a late hour, 'Cloning a floricultural season
with entire success.

Atfmg-tre-ih-oirenteesmful- competitors in the First
Class for Dahlias, and to whom prises were awarded,
were the Rev. C. Fnllowes,. Messrs. Robinson, Mahar,
Sladden, Holmes, Pope, Shrimpton, Castles, and Cooke.
Second Class.--Messrs. Tnraer, J. Keynes, Legg, J.
Walker, E. C. Allen, Pope, and Gaines.
For First Class Hollyhooks.—Messrs. Grant, Bin-
ningfield, ;Bowler,. Dysoa,,,, T. Roaltoe, J. Long, and C.
Grant.

Second Class..l—Moessre. (loiter. Bsoan,, And, and
Turner.

Open Class, for the best Twelve Stove and Greenhouse
Plants.—Messre. E. A. Hamp and Rhodes.
Second best.—Mr. Young.
For the beat Collection of Roses.—Ntessrs. Paul aid
Son.

Second best.—Mr, Ponsford.
For the best Verbenas.—Messrs. G. Smith and Au
gust.
For the best Fuschiar„—Mr. Games. Seceni ditto.
—Mr. George..
For the beet Cut Flowers.—M. E. A. Hemp. Second
ditto.—Mr. .Rhodes. Third, ditto.—Mr. Young. Fourth,
ditto.—Mesars. Fraser and Co.

Prizes 'offered by Members for First Class Dahlias.
(Lord Bath).—Mr. Keynes. Second; ditto.—Mt.
Turner.

. .
Certificates; for Dahlias (the Bessy, yellow).—Mestirs.
Alexander, Wheeler, and Keynes.
Certificates for Hollyhocks, broke.—Messrs. Ch liter
and %can.

Certilloates for. Verbenas.—Messrs. Weatherell (3
and Gaines.
Certificate for Phlox.—Mr. Bncan.
RecoMmended for Roses.—August ; ditto, cut
blooms, A. Young ' • ditto, balsams, Wakeman ; ditto,
verbenas, in pots, Weatherell and G. Smith ; ditto,
phlox, Salter.
Members' Prizes.—Vor best of (Lord Bath) dahlias,
Mr. Keynes for 2d ditto, Mr. Turner ; for the beet
six sorts of fruit, Mr. Hamp'; eeoond ditto, Mr.'
Young ; third ditto, Mr. Salter.

POSTAGE OF NEWSPAPERS.

The following correspondence has taken place between
Mr. Wheeler, news agent, Manchester, and the General
Post-office :

" Manchester, Aug. 20.
" Sir,—l perceive there is a new regulation ant respect-
ing newspapers posted to the colonies and foreign countries,
and that on them the impressed stamp will no longer be
required. • Will you inform me whether a single penny
postage label (in addition to the postage mentioned in in-
structions No. 45) will be sufficient for such papers as the
Times, or Illustrated News, each weighing above four
ounces ?

" Do I also understand rightly that, although a stamped
(impressed) newspaper is posted, with the stamp visible,
directed, to a foreign country, it will require the additional
penny postage stamp, precisely as if it was an unstamped
one?

" Will you further inform me whether an unstamped
newspaper (London or local) posted in this town, with
penny label, directed to any of the suburbs, is liable to any
farther postage on delivery ?
" I am too.,
"Rowland Hill, Esq., &c." " B. WHEELER.

" General Post-office, Aug. 24.
" reply to your letter of the 20th inst., I beg
leave to inform you that unstamped newspapers are now
forwarded to British colonies and foreign countries upon
prepayment merely of the rates of postage stated in the
instructions No. 45, 1855, without any restrictions as to
weight. except in the cases there specified.
With regard to your second question, it is distinctly
stated in the instructions No. 60, 1855, a copy of which I
enclose, that the impressed stamp will not count as postage
in the transmission of newspapers abroad.
"An unstampt.d newspaper is entitled to be transmitted
once anywhere within the United Kingdom, upon prepay.
went of a postage of one penny, if it does not exceed four
ounces in weight.
" I am, sir, your obedient, humble servant,
" J. TILLEY.
" Mr. B. Wheeler, 7 and 8, Royal Exchange-
arcade, Manchester."