The Sun.
London, England, 1864-09-09 00:00:00

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4.

THE SUN, LONDON, FRIDAY EVENING, SEPTEMBER 9, 1864.

forthwith without deduction. Should a less number be
allotted than is applied for, the sum paid on account of
such application will, so far as it will extend, Le applied in
payment of the sum due on allotmeut.
Copies of the Report of the Cr6dit Fancier (Limited) and
Credit Mobilier (Limited), above referred to, with prospec-
tuses of this Company, may be had on application to the
bankers, solicitors, stockbrokers, or the secretary.
London, Sept. 1, 1861.

FORM A.
FORM OF APPLICATION FOR SHARES.
(To be retained by the Bankers.)
To the Directors of the Credit Foncier and Mobilier of

England (Limited).
Gentlemen,—Having paid to your bankers* the
sum of £ beit', a deposit of £1 per share on
Shares in the above Company, I hereby request that you
will allot me that number ; and I agree to accept such
shares, or any less number you may allot to me on the
terms of the prospectus, at £2 13s. 4d. premium per share;
and I agree to pay the deposit on allotment, and to sign the
articles of association of the Company when required ; and
I authorise you to insert my
n.a...mes.o.enp.
................................f . mem-
bers for the numberrrooffesshsair,ens allotted to me.
Usual signature ........ .
Name in full .................... ..
Residence ........................
Date
*lnsert bankers' names.

111-113 CREDIT FONCIER AND MOBILIER
OF ENGLAND (Limited).
The folowing Circular has been issued to the existing
Shareholders in the Credit Foncier and Credit Mobilier
(Limited)
:
Temporary
Offices-80, Lombard-street, E.C.,
London, sth September, 1864.
Sir,—l am instructed by the Directors to inform you that
they have fixed MONDAY, the 12th inst., as the last day for
receiving APPLICATIONS for SHARES under the pri-
vilege reserved to you as a shareholder in the Credit Foncier
(Limited:, or in the Credit Mobt)ier (Limited).
All options not claimed before or on that day will be con-
sidered as renounced, and the shares not claimed will be al-
lotted elsewhere.
I am, Sir,
Your obedient servant,
ALFRED LOWE, Secretary (pro tem.)

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range of the fort, the Tecumseh then being close under the
rebel work, and the entire fleet past Sand Island, the fort
opened in response to our guns. Her first shot was
directed at the Monitor fleet, but it was impossible to
tell at which one, as they had somewhat varied their
courses, and were running at different rates of
speed, the four being apparently close together, The
rebel shell struck the water in the midst of them and ex-
plod

ed harmlessly. The action now became general. All
our vessels opened their batteries freely, and the fort fired
as briskly as the heavy fire our vessels were now raining
upon it would permit. The Tecumseh fired but two more
shots, at considerable intervals, seeming disposed to reserve
her fire and the energies of her crew for the coming contest
with the Tennessee and other rebel vessels. When the
fort first opened she fired one shot, and a second as she
passed abreast of the fort. The other Monitors, on the
contrary, loaded and fired as rapidly as possible, their heavy
shell producing a most marked effect on the water battery,
which could be worked only occasionally, because of the
tremendous fire thus kept upon it. The wooden ships, far-
ther astern, kept their bow guns at play on the traverse
guns and curtain batteries of the main fort, which responded
to the fire vigorously, though with little effect. As yet,
although everything was at work, the engagement had but
commenced. It was the premonitory token of the fearful
storm to follow.

Otherwise he was as good for the fight as when it commenced.
At 10 o'clock, however, this formidable craft was obliged to
succumb, after a fight of rather more than an hour. The
Monitor Chickasaw, in her round made a dash to ram the
Tennessee amidships which the latter avoided by moving
slightly ahead. As the Monitor passed closely under her
stern the two 11-inch guns of her bow turret were let go.
The effect was terrible. One shot took away the amok stack
of the rebel close to her deck, The other struck her stern-
port cover, and jammed it so as to render it immovable. At
the moment it was half open, not far enough to run the
gun out, nor closed sufficiently to afford protection. The
disaster was reported to Buchanan, who ran aft with his
chief engineer to direct repairs. A man was standing in
the port working at the cover, the admiral and his engi-
neer just inside giving directions, wh:•n the Chickasaw,
having passed a short distance ahead, discharged the guns
of her after turret at the same mark. One shot entered the
port-hole, striking the wood work of the casemate on the
edge of the port-hole, and scattering splinters in all direc-
tions. The poor fellow who was at work adjusting the port
cover was blown to pieces. A large splinter struck Buchanan
in his right leg, just below the knoe, shattering the
bones. Another seaman, standing near the admiral, was
badly wounded. The same shot from the Chickasaw struck
the casemate directly over the point where the til:er chain
passes down, jamming the chain so as to render it immov-
able. In their efforts to release this the chain parted, leaving
the ship unmanageable and at our mercy. In this emer-
gency Buchanan directed his flag to be struck, the Chicka-
saw having the glory of receiving the surrender of the ship.
When it was reported to Admiral Farragut that the rebel
had surrendered, and that Buchanan was wounded, ho sent
a staff officer off to receive the rebel admiral's sword. Some
one asked Farragut if he would not go off himself and see
Buchanan. The former merely replied, ' No, sir, he is my
enemy.' Subsequently, when the staff officer returned wita
I3uchanan's sword, it was represented to the admiral that
Buchanan had expressed a wish to see him. Well, sir, he
shan't see me,' replied the old Salamander. Then looking
along the bloody decks of his ship, he added,' I suppose he
would be friends ; but with these brave men, my comrades,
mangled, dying, and dead about me, and looking upon the
destruction he has caused in this Beet, I can only consider
him an enemy.' "

"Farragut's plan was for the Monitors so dispose of this
rebel fleet, deeming that, should he succeed in getting his
wooden ships past the fort, it would be all that could rea-
sonably be expected of them at one encounter, and antici-
pating that they would be much cut up in running the
gauntlet. Acoordingly, as soon as the Tecumseh reached
the point abreast of the fort where the channel tarns to the
north-west, hugging the east bank of the channel, as did
all the fleet in obedience to orders, she put her head out
directly for the rebel fleet and fired her third shot, aiming
at the Tennessee. She had proceeded but two or three
lengths on her new course when she struck the fatal tor-
pedo that terminated her career. It was a mournful, heart-
sickening sight to look upon the suddenness and complete-
ness of this catastrophe. The explosicn of the torpedo was
unheard where I lay, but the agitation and upheaving
of the water about the starboard bo indicated
some dreadful calamity. The little Monitor is
hit,' some one cried. Immediately every glass was
brought to bear upon her. Some one else cried out,
• It's a torpedo—she is going down P Instantly she appeared
on her port beam, bows well up, and then rolled over com-
pletely bottom up, so as to show the entire of her hull, and
sunk from view. Tho terrible tragedy was completed within
the space of one minute. Attended by the deafening roar of
hundreds of cannon and shells bursting over and about her,
surrounded by the utmost din of a terrible battle, that little
craft went to the bottom, carrying with her upwards of 100
brave men, whom she had thus far borne in perfect safety
through it all. Her caree was ended ; but by no means yet
recognised in honourable warfare was she destroyed. As
gallant a crew as ever manned a ship perished ; but the
ignoble means that murdered them early in the action only
added increased lustre to the laurels that should for ever
adorn the memory of thew. They gave themselves a sacri-
fice to their country. They met the fate they had some rea-
son to expect, and by bravely confronting it averted it from
others. It was an heroic act to lead that fleet through
those dangers. None but heroes would have ventured
upon such a duty. As heroes, then, they died, and were
buried in their deep blue sea with more than a hero's
salute. They died as they would have wished to die, and
their country will cherish the fame they so gallantly won.
From the bubbling waters that marked the spot of
the frightful catastrophe there rose to the surface
thirteen men, the sole survivors of the gallant crew.
Two were subordinate officers, the rest the humble Jacks
who have made the American navy our pride and boast.
Nine of these were rescued by a small boat. which nobly
put away from the gunboat Metacomet to rescue them.
and four swam to the shore and were made prisoners by the
murderers of their comrades. The effect of the disaster was
most demoralising to those who witnessed it. Everybody
was'appalled. It was so sudden, so fearful in its nature,
that the stoutest heart might well quail. Fortunately only
the commanders and pilots of the companion Monitors saw
the fearful spectacle, their crews being below, where nothing
is seen or known. These vessels slackened speed a little,
and hauled close into the shore. The Brooklyn saw it with
all her crew, upon whom it had full effect. They were
brave men on that ship, not liable to give way r o fears or
foolish apprehensions, yet this was a moment to try men's
souls. Responsibilities were not to be rashly assumed
under such terribly threatening circumstances. That fatal
spot might mark a barrier beyond which no vessel could
pass in safety. Would it be right for the commander of a
ship to rush ahead into such danger without notifying his
superior? It was not a lack of courage, nor was it an evi-
dence of weakness, or in decision, that the commander of
the Brooklyn stopped and signalled back to the admiral—
"We have lost our best monitor"—it was simply the dis-
charge of his duty. Had it rested Rich him to determine
the course to pursue under the circumstances ho would
doubtless have been fully equal to the occasion.
After detailing the dispersion of the Confederate
fleet, the same correspondent gives an account of
the attack made by the Confederate ram Tennessee.