The Sun.
London, England, 1864-01-19 00:00:00

BANKRITP T S

The following are the only bankrupts of commercial im.
portance in the Gazette :
James Crossley, merchant, Mincing lane, City
Joseph Smith, farmer, Wadhurst
John Tackle, Liverpool, waste dealer
George Beecroft, grocer, Durham
John Gee, hosier, Hanley, Staffordshire
Robert Cocker, steel wire mills, Erdington
Henry Sowman, leather seller, Sidney-street, Commer.
cial-road East
William A Elliot. jun., butcher, Brighton
Henry C. Sirr, gentleman, Aberdeen-place, 3faida-hill
William Dickson, surveyor, City
John Hurst, druggist, Horwich, Lancashire
Richard Harris, ship carpenter, Knottingley, Yorkshire
BANKRUPTCY ANNULLED.
Thomas H. Smith, cloth dresser, Huddersfield

SCOTCH BANKRUPTS.
Adam Dunbar, bookseller, Huntly
David Reid, bottler, Paisley
John Strathern, coal merchant, Glasgow
John N. Robertson, merchant, Aeuhmill, Aberdecinshlrd
Wm. Miller, coalmaster, Stirlingshire

THE CITY BANK.

HALF-YEARLY MEETING-THIS DAY.

The half-yearly meeting of shareholders of the City Bank
took place to-day—Mr. Peter Bell in the chair. The report
stated that the directors were enabled to declare the usual
dividend of £6 per cent, per annum, and a bonus of £1 10s.
per share, free of income tax (these two payments being
together equal to £l2 per cent, per annum), and to carry
forward to profit and loss new account the sum of £9,380
19s, 81.

The CHAIRM&s moved the adoption of the report, and
remarked that an examination of the accounts, comparing
them with preceding ones, would show that the earnings
of the last half-year were considerably in excess of pre-
vious corresponding periods. The high value of money
had partly contributed to this success, but, as the en-
hanced rates for money bad only been in operation for a
short period, their prosperity was rather due to their
increased business.
The report was unanimously adopted.

ST. KATHARINE DOCK COMPANY.

HALF-YEARLY MEETING-THIS DAY.

The half-yearly meeting of the shareholders of the St.
Katharine Docks was held to-day. The report stated that
the gross earnings for the past year were £273,664 18s. 4d .
and the expenditure, including interest, to £202,867 ss. 5d.,
showing the net earnings to be £70,797 12s. 11d.

A dividend of 1i per cent. (free of income-tax) upon the
capital stock of the company, for the half-year endcd the
30th of June last, was declared at the general meeting on
the 21st of July, and the directors now recommended that
a dividend at the same rate be now declared for the half-
year ended the 31st of December last, making together 3i
per cent. (free of income-tax) for the year 1863.

SPOR TING INTELLIGENCE.

TATTE R SALL'S, MONDAT.'

Fortunately for the moderate number of bookmakers who
put in an appearance this afternoon, notwithstanding the
heavy gloom occasioned by the fog, a more than average
amount of business was transacted, chiefly through several
commissions, issued during the morning, not having been
satisfied in the city circles. After the usual amount of
gossip concerning the forthcoming weights for the Chester
Cup, and the extreme eagerness evinced by several to com-
mence operations thereon, but without effect, the legitimate
business of the day was brought prominently forward, and.
for a brief period was carried on with some amount of spirit
in consequence of the anxiety exhibited by those having the
commissions betraying more than usual eagerness to get on.
The Two Thousand Guineas was alone noticeable by the.
fondness exhibited for the French representative, about
whotu sto 1 was with difficulty obtainable. Paris at the
same time did not appear so buoyant, 11 to 2 being re-
peatedly offered at the close about him, his supporters,
however, apparently biding their time, standing out for
half-a point over those odds, Cambuscan, from the support
afforded him in the West-end club, was inquired after, and.
towards the close was backed with much freedom at 6 to 1;
but the layers at the finish, we imagine, had the call.

The Derby—The transactions upon this all-absorbing-
event generally resume their activity at the turn of the
year, but up to the present time little or no vitality has dis-
played itself in the transactions we have had to record from
the Corner. This afternoon, as we have before mentioned,
gave some evidence of business, the Scottish Chief being; the
first inquired for, and after his opening price of 12 to 1. had.
been readily accepted, with an offer to go on, the demon-
stration had the desired effect, and his outside price at the
close appeared to be 1,000 to 90. Paris was not in much re-
quest, and after 12 fifties had been noted down, 13 to 1 was
repeatedly offered ;without meeting a reply. Cambuscau
" the Bold" appeared to have a strong party of adherents,
who stood to their colours with some stoutness. Forager
was introduced by a follower of the stable, and the odds of
100 to 6 were taken to £lOO, but beyond that transaction we
were not favoured with any further notice of Lord St. V in.'
cent's crack. During the interval of these performances the
partisans of Coast Guard, Historian, Prince Arthur, an d
Horse Marine had been most industriously plying their vo-
cation in getting on at the most available prices, until th
former left off at 20 to 1 in great force, and Historian an d
Prince Arthur, both of whom were backed to win laws
sums of money, at 25 to 1 each ; but just prior to the close
of the rooms a late corner was quite content to accept of an
" old fox" 2,000 to 85 about W. Day's colt. Horse Marine,
of the outside division, was in great request, and his quo ted
price was eagerly taken in well acquainted quarters to win
some thousands, and he bids fair, from the demonstration
made in his favour, to see a much better price. 01 the
others given in our subjoined list few were backed for m/ oney,
but were evidently introduced to obtain the market priloe.
TWO THOUSAND.
sto 1 agst ride de l'Air (taken)
11 to 2 agat Paris (taken)
6to 1 agst Cambuscan (taken)
THE DERBY.
1000 to 90 agst Scottish Chief (taken)
12 to 1 agat Paris (taken)
ot kto
ma ekneonaffnf
erdreeeool offered)
r e d )
16 to 1 agst Cambuscan (taken and offered)
100
tt
000
3615 agst
aagg:: FRBoiirsratcoghreirßanr(
20 to 1 agst Coastguard (taken)
101)
:50 t
1002850530 ttttoo:
33 to 1 agst Claremont (taken)
33 to 1 agat Hollyfox (taken and offered)
1000 to 15 agst Horse Marina (taken freely)
35111 a g saa agat
ggss t PClGdoreilunenpreereda:tlAßapkrtenteahetul:or(fftlertkaekedn6): freely)
1000 to 15 agst King John (taken)
1000 to 15 agst c by Barnton (taken)
2000 to 25 agst Lucky Star (taken)
1000 to 10 agst Copenhagen (taken)
1000 to 10 agst Balernock (taken)
1000 to 10 agst The Count (taken)
1000 to 10 agst Verger (taken)

DIARKE T S T his Day.

HAY I`,IA.REIZTS.

SMITIIFIELD.—Meadow hay, £3 Os to £4 10s Od ; clover,
£4 Os to £5 10s Od ; and straw, £1 4s to Ll 12s put- load.
Trade dull.

CUMBERLAND..—MearIow hay, £3 Os to £4 103 Od ; clover,
£4 Os to £5 1O Od ; and straw, £1 4s to £1 12s per load.
A slow demand.

WHITECHAPEL —Meadow hay, £3 Os to £4 10s Od ; clover,
£4 Os to £5 lOs Od ; and straw, £1 4s to £1 12s per load:
Trade dull.

COLONIAL.
TEA.—business has been very dull. The dealers, how-
ever, have been principally occupied with the inspection of
samples of the large quantities to be offered at public auc-
tion to day. Prices, however, are expected to rule rather
easier.
SUGAR —The market has been without any change of
but the
importance, Holders still demand high rates,
trade only purchase for immediaie requirements. Refined
goods continue at about previous rates.
COFFEE.—FuII rates are current for good and superior
descriptions of colonial, but only moderate transactions have
been reported.
RICE.—A fair amount of business has been done, 'with-
out any change to record in quotations.
TALLow. —The market has exhibited symptoms of
heaviness, quotations showing no material change. P.Y.0.,
on the spot, is quoted 4ls 3d to 425; A pril to June
delivery, 43a to 43s 3d; and last throe n ionths, 45s per
cwt.

THE CIVIL WAR. Ei AMERICA,

the Tiincs Co?res,vonclent.)

NEW Yomi, 5

The 0:a year wc:nt out and the new year came in
awed such warm though rainy weather, dear the
sheens of this city were ankle deep in slash
and mire; au t the roads of Virginia were in so soft,
spongy, and greasy a state that desertion from the
army of the Potomac was declared on high military
authority to be " impossible.' But the twenty-
fourth hour of 1864 had not tolled before the most
potent of all scavengers, the frost, began to facili-
tate desertion and harden the reed. The thermome-
ter suddenly fell from forty-two degrees above zero
to nine degrees below; and a storm of wind of an
intensity of cold that could scarcely have been sur-
passed in Siberia, or at the grave of Sir John
Franklin, began to blow from the north-east. The
water froze in the jugs and basins of sleeping apart-
medts. The bottled beer in the cellars was con-
verted into ice, and the milk in the pail or the ewer
at the farm house or tho store became as solid as
glass. The tracks left by cartwheels in the mud
were hardened into ridges as difficult to penetrate as
if they had been of iron ; and desertion from the
Army of the Potomac was feasible to any faint-
hearted warrior who had courage enough left to
betake himself homewards. Several unhappy per-
sons were frozen to death in the streets of Philadel-
phia; four Confederate prisoners perished of cold
and exposure in a railroad car on the way from
Jeffersonville to Chicago; and railway communica-
tion throughout the North and West was either
greatly
impeded by snow drifts or stopped alto-
gether. It is asserted that no such extremity of
cold has been experienced south of Boothia Felix
for the last half century ; and the journals from
every part of the country continue to report from
day to day, the casualties and loss of life that have
occurred in consequence. On Saturday and Sunday
the frost continued, but the bitter wind ceased to
blow. Consequently all the world made merry out
of doors. Men and women donned their furs and
woollen comforters, and everybody who could skate
hurried to the Central-park or ether places where
there were ponds or sheets of water, to indulge in
the favourite diversion of the Americans. Even on
Eanday the gaieties did not slacken. The Central-
park was as jubilant with holiday-makers as Rome
or Naples during the Carnival. Wealth, beauty,
youth, and fashion, as well as poverty, ugliness, old
age, and vulgarity, thronged to the scene of festi-
vity, and were as joyous as if skating were the
supreme end and felicity of human existence, and
as if no such thing as war were desolating the
fairest portions of the Continent, and storing up,
perhaps, for the present generation—most certainly
for its successors—a harvest of agonies and evils
each as the world has seldom witnessed.
New Year's-day is a sore trial to the patience of
public functionaries in America, and most of all to
the President. Mr. Lincoln, who is reported to have
caught the small-pox on a visit of philanthropy to
the wretched negro barrack, or settlement, in the
neighbourhood of Washington, having completely
recovered from the attack, held the usual handshak-
ing levee at the White House, and went through
the ordeal with unflinching bravery. To such of the
crowd as he was personally acquainted with he gave
a cordial greeting, and to some favoured few fired off
his Western wit or humour with all his ancient hila-
rity. It was remarked as a novelty that there were no
less than four negroes in the crowd, and that the
President received them with special good humour.
It is the first time in the existence of the Republic
that a black man has dared to mingle in the throng
on such an occasion, or to presume to think that his
felicitations on the New Year were as acceptable as
those of his white brother. As such the incident
deserves to be recorded. Generally throughout the
North, and especially in the New England States
and in New York, the negroes celebrated on Friday
evening, not alone the opening of another year, but
the first anniversary of the President's Proclamation
of Emancipation. On these occasions, though the
white friends of the negro race were advertised to
make speeches in support of emancipation, very few
were present. A sprinkling of white women were
to be seen, together with a few prominent clergymen
of all denominations, except the Episcopalian and
the Roman Catholic; but, with these exceptions, the
negroes and mulattoes had it all to themselves. The
only really prominent white man who lent his name,
his presence, and his voice to the celebration was the
Rev. D. Bellows, a noted Unitarian clergyman of
this city. This gentleman, like Mr. Wendell Phillips,
Mr. Ward Beecher, and the other zealots, lay and
clerical, of Abolitionism, mingles no little malignity
for the white race with his philanthropy for the
blacks. Mr. Wendell Phillips is of opinion, in his
animosity against the slaveholders, that true justice I
will not be done to the negroes until the Southern
Confederacy shell have been parcelled out among
them in small farms, and the " mean whites" com-
pelled to labour for them. Dr. Bellows rides the
Abolition hobby almost as unmercifully; and de-
clared at the Emancipation Jubilee of New Year's-
night that the anniversary which the coloured men
had met to celebrate " deserved to stand alongside of
the birth of Jesus Christ." He thought that if white
men had been subjected to the same indignities as
the black the white race would have deteriorated, and
that our present Christian civilisation would have
been impossible. Setting at nought the experience
of all ages and the palpable evidence of anatomy, he
affirmed the difference between the whites and the
blacks to be nothing but a difference in e‘•ternal cir-
cumstances, and prophesied that in five or at most ten
years the black race would be " suddenly elevated—
make a great leap furward in civilisation—and be
socially and politically regenerated." The white
people present made no response, and the negroes
themselves seemed to think the news too good to
be true. Bat the reverend negrophiliat, nothing
daunted, repeated last night, at a second meeting
of coloured people, all his sanguine vaticinations
of the future of their race, advised them not to be
called or to call themselves" coloured," but boldly
to insist open being designated " blacks," for were
there not " red men," "yellow men," and " white
men," and were not all these " coloured ? ' He
himself,"he said, was coloured, but his colour was
not black. He regretted to see so few white men
present of the class that might be regarded as repre-
sentatives of public opinion ; but God Almighty
was the author of the Proclamation of Emancipa-
tion, and not President Lincoln, and God s help
rather than man's, would render its policy
triumphant over all obstacles. Mr. Charles Sumner,
whose name was placarded all over the city as in-
tending to be present and make an oration, failed to
appear, but sent a letter ePg g
lo isin far his ab-
sence, in which ho said that° wherever ho was he
would celebrate the proclamation in his heart, be-
cause the proclamation Was the key to victory
and peace—that without it victory would have
been doubtful and
peace impossible, whereas both
were now certain. Mr. Sumner, like
Mr. Wendell
question,
Phillips, i 3 in earnest on this
an. d so, no
doubt, is the great body of the Un- • Inman and Pres.
byterien clergy ; but they stand in a small mino-
rity. No public man who aspires to political
honours or office cares to identify himself with their
proceedings, and the whole business community
and the entire mass of the labouring population
keep as studiously aloof from abolitionism as the
shopkeepers of Paris from socialism and com-
munism. The churches may deplore this fact,
and attebute it to the innate wickedness of the
heart of fallen humanity ; but it is a fact, never-
theless, and none know it so well as the negroes
themselves, or hope less from the emancipation of
their Southern brethren than they do.
As the great question of the constitutionality of
the proclamation, by which Mr. Lincoln endea-
voured to set aside the State laws of one-half of the
late Federal Union, must shortly be tried before,the
Supreme Court, considerable anxiety begins to bo
felt at Washington on the subject of that august
tribunal—the first alike in power end dignity in
the Republic, and having within its competency to
set aside or annul the acts of the Executive. It
coesisle at pre3ent of ten Judges, of whom six wcr.,
appeinttd by the ammeratie pp.rty in the halcyon
days before Lincoln, and four by the Republicans
since Mr. Lincoln's assumption of office. The Chief
Justice, the Hon. Roger B. Taney, of Baltimore, a
man beloved in Maryland with a love seldom
accorded by Americans, approaches his 90th year,

end has lately been confiriecl to his room by rserious
inclisp.:s'Aior. Great hcpes were enterLainud by the.
Itepbliart party that thi-i geDtieraan wouhl either

Qk or resign his either of wh cii cases an
Aboddonitt and supporter of the Adin:nistration
would have been appointed in his p' ace. Mach to
the disappointment of the White House and the
Administration, he has recovered, and much to their
disgust he has declared that he will not resign as
long as he lives,—unless, indeed, a Democratic Pre-
sident should be elected in place of Mr. Lincoln, in
which case he would debate the question whether
it would not be better after his long services that be
should retire into private life. The President, it is
understood, desires to elevate Mr. Chase to Mr.
Taney's position, for the double purpose of placing

an Abolitionist on the Bench, and of removing ont
of the way,a formidable competitor for the honours

of the Presidency. But the good constitution and

,he firm resolve of the venerable Chief Justice

having prevented, at least for the present, the
realisation of the project, it has become necessary
to devise some other scheme for securing the deci-

talon of the Court in favour of the measure, which
Mr, Lincoln's friends affirm to be the crowning

glory and his opponents the crying shame of his
administration. It has, therefore, been suggested
that ten Judges aro not sufficient to transact the
business of the Supremo Court ; that the multifa-
riousness, complexity, and importance of the ques-
tions that come before it for decision have grown
with the prosperity and enterprise of the country
and that, if ten Judges had work enough 40 years
ago, there is work enough at the present day for 14
at the least. In other words, Mr. Lincoln is urged
to create by the consent of Congress four new
Judges, who, being all of the Republican party,
would give him in the Supreme Tribunal a majority
of eight against six. In this case the obstinate Mr.
Taney might continue to live to 150 without
danger to the Republican cause, and everybody,
except Mr. Chase, the Democratic party, and the
friends of the Constitution " as it was," would have
reason to be satisfied. The attempt will undonbt-

edly be made, with what success no one can at pre-
sent tell. If the American people submit to it, as
they probably will, they will afford one more proof
of their readiness to bend their necks to the yoke of

that great military chieftain and dictator, that
embryo Cromwell or Bnonaparto, whose blood-red
shadow looms ominously on the horizon.

A man of great mark and influence has just passed
away. John Hughes, Catholic Archbishop of New
York, died on Sunday, at the age of 65, from
softening of the brain, and general prostration of the
powers of life. He came to America a poor Irish
boy, began life as shopman or assistant to a florist

in New York, and, entering the Church at an early
age, succeeded, by dint of pliancy, industry, and
native talent, in working himself up to the high
ecclesiastical position which he has held for the last
26 years, as bishop and archbishop. He exercised
an enormous influence over the Irish Catholic popu-
lation—not so much for leading them in political
affairs as for following the current of their opinions
and prejudices, and for his thorough personal sym-
pathy in all their feelings of nationality. He was
entirely a man of the people, and, if somewhat anti-
English, was more so from policy than from convic-
tion. He was not an opponent of slavery, for if he
had been he would have placed himself in anta-
gonism, not only to his Church, but to the senti-
ment of the whole Irish population. He was
deliberately opposed to an enforced military con-
scription, and during the riots of last July took no
pains to conceal either from the Government or the
people that he considered the draught unwise and
unjust, if not tyrannical. As befitted his sacred
character, he was a friend of peace, and, soaring
high above the madness of the crowd to those serener
attitudes of thought where passion has no foothold,
he took occasion to impress upon the minds of the
youthful students of the Ecclesiastical College of St
Xavier, and upon those of his flock, that the liberty
of the Republic was to be prized as something far
more estimable than extent of territory, and that
the happiness of a State was to be considered better
worth securing than it " bigness," The Americans
wore not then in a condition to profit by his teach-
ing. Neither are they now. Neither does it ap-
pear that they ever will be. To be the " biggest "
and most powerful nation in the world is their
highest ambition. For that darling object, which,
notwithstanding all their hopes and all their
vaunts is no nearer than it was years ago, they have
already sacrificed hundreds of thousands of lives,
millions of treasure and legal and constitutional
rights more precious than all the gold of the
earth ; and, worse than all, they are ready,
if we may believe the governing party, to
incur double and. treble sacrifices of the same kind in
the future, rather than renounce the idea of a con-
solidated Empire. Though it would have to be main-
tained at the cost of a Southern Poland, to be a per-
petual thorn in their sides, a chronic disease in the
body politic, a standing peril to their liberty, a con.
stant drain upon their pockets and their temper, and
a never-ceasing cause of anxiety and unhappiness,
they crave it as the sum of all earthly desire. Empire
was ones considered the lust of kings only. The
Americans, in their present temper, lust for it more
ardently and unreasanably than any King or Ern-
peror who ever troubled the world froin Alexander
to Napoleon.