The Sun.
London, England, 1864-09-08 00:00:00

PROSPECTUS.

This Company is iinexterrsroCOß the Credit Fonder
(Limited) and of the Credit Mobilier (Limited) which were
established, the former for financial business in connection
with land, the latter for general financial operations.
The unexampled success achieved by those companies,
whose reports, just published, show the amount of net
profits,upon a paid-up capital amounting jointly to £lOO,OOO,
to be at the rate of upwards of 190 per cent. per annum, and
who have each declared a dividend and bonus of £2 per
share on £5 paid for less than six months' working, besides
carrying £40,000 to the reserve fund, and the enormous ac-
cession of business of both companies render it absolutely
essential to increase the capital, and thus enlarge the basis
of their operations.
With this view it has been determined to found the pre-
sent powerful institution, which will absorb the two com-
panies, and will take over the whole of their assets, includ-
ing their united reserve fund, amounting to £40,000. and
will also of course assume their engagements, and the
Directors believe that the increased means the issue of
new capital will place in their hands will enable them to
effect even greater results than have been already achieved.
The distribution of the shares will be made in the follow
ing manner, by which it will be seen that a liberal propor-
tion has been appropriated for allotment amongst the gene-
ral public.
10,000 Shares will be issued to the shareholders of the
Credit Foncier (Limited) at par. in exchange for
the like number of shares now held by them.
30,000 Shares will (at their option) be allotted to the share-
holders of the Credit Foncier (Limited) (being at
at the rate of three new shares for each share
held in that Company), which will be issued as
follows, viz.: —Two of such shares at a premium
of £2 13s 4d per share, and for every two shares
so taken one additional share at par.
10,000 Shares will be issued to the shareholders of the
Credit Mobilier (Limited) at par, in exchange
for the like number of shares in that Company
now held by them.
30,000 Shares will be allotted (at their option) to the share-
holders of the Credit Mobilier (Limited) (being
at the rate of three new shares for each share held
in that Company), which will be issued as fol-
lows, viz. :—Two of such shares at a premium
of L'/, 13s 4d per share, and for every two shares
so taken one additional share at par.
20,000 Shares will be issued to the public at a premium of
£2 13s 41 per share.

100,000
The total premium on the above mentioned shares will
amount to £160,000, which, with the sum of £40,000, the
amount of the reserve funds of the Credit Foncier (Limited),
and of the Credit Mobilier (Limited), will be carried to the
reserve fund of the amalgamated Company, which will then
amount to £200,000.
The amount to be called up, viz., £5 per share on the
shares issued at a premium, together with the £2 13s 4d per
share premium thereon, to be paid by the following instal-
mints :
On application £1 per share, to be carried to capital
account. _ _

On allotment, £2 per share, of which Ll to be carried to
capital account and Ll to be carried to premium account.
10th December, Ll 13s 4d per share to be carried to pre-
mium account, _ _

10th February, 1865, lOs per share to be carried td
capital account.
10th April, 1865, £1 10s. per share to be carried to capi-
tal account.
The amount to be called up, viz., £5 per share on the
shares issued at par, to be paid as follows, viz.:—
On application, £1 per share; on allotment, £1 per share;
10th February, 1865, £1 108. per share; 10th April, 1865,
£1 10s. per share—which will be carried to capital account.
But as all the shares will participate in the next divi-
dend declared, pro rata, according to the amount paid up,
the valuable option has been reserved, enabling all allot-
tees to pay up the instalments immediately on allotment,
or at any time in advance of their being due, up to £5 per
share.
The total amount of paid-up capital will be £500,000, and
the reserve fund will amount to £200,000.
The following is a comparative statement of the estimated
value of the undermentioned shares as represented by the
current prices on the Stock Exchange, viz :

O r,

7,-;
q,o ,ctg
-F,•,2;=4
4.'° ,ots
ta
4"„ z Qgce
' pi°
0,

t'-d EA
fil §-4-.4
t447,i'''
al ,T,A

00
e''.g
114'...i
<4

• tj
ggg,c;
117's
411,,,,43 re

.5.-.
o ..),-
.. o
... .010.1
o.oXci
kIZ

E 4.;
otl
—52
E.
POO4

..
0,4
v.
4g.4) g

r....,
• : 71, - 10 : .T. : fl
: z• V, : 8 , *4:: :• 0 a
g • o
a ig ... ~. o—
r., : " m , g
7.1 : 6, . a
0 - ,
0 El •v.) . -
zog 7... g . 2
,1. ).- cii s
t.) 4 0 g f- g,33
- g g )."' 71. S:1 ,0
'-' .. El
4:3' '4 ,c 4 44 24 u .4
g-i Fr E-4

I 'g9
gr.
•4
1 •4
og
1 f4'

It will thus be seen that the average value (as represented
by the price of the shares) of the abovementioned tour com-
panies is £3 4s. premium per share, efter deducting (if any)
the reserve fund ; the price of issue of this Company's new
shares to the public is £2 13s. 4d. premium, from which,
after deducting the amount of this Company's reserve fund,
equal to £2 per share, leaves the share costing only 13s. 44
premium, against £3 4s. premium, the average price of the
four companies before referred to, leaving a bonus to the
public of £2 10s. Bd. per share; but, taking the premium of
the last-mentioned company as the most analogous to this
Company, it having been amalgamated only two months,
it will be seen that their price of £3 10s. per share (which
is far below their intrinsic worth), added to the D. premium
in this Company's reserve fund, gives £5 10s. per share, or
£2 16s. Bd. bonus on the price of issue.
The above prices are quoted as they are given in the
Stock Exchange List. but it is generally admitted that they
by no means represent the full value of the different shares
quoted, the prices of which ought to, and will doubtless be,
much higher.

Applications for shares may be made in the form annexed,
and must be accompanied by the payment of D. per share.
Should no allotment be made the amount will be returned

IPURNITURE, CARPETS, BEDDING, and
FLOORCLOTIL CARRIAGE-FREE to any house in
the kingdom, regardless of amount or distance. First-class
goods at second-class prices. Terms peculiarly liberal to
Clergymen and Gentlemen. An immense stock to select
from, displayed in ShowrcomS occupying an acre of ground.
Every article warranted.
CLiRGYMEN and GENTLEMEN ABOUT TO FUR-
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. are publishing an entirely New Edition of their un-
equalled HOUSE FURNISHING GUIDE, illustrated by4lo
sclm .-able engravings of every description of Furniture and
iseasteads, with prices attached. A copy sent math; and
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complete estimates for furnishing on the following revised
scale :
A Six-roomed Parsonage £74 3 0
An Eight-roomed ditto
A Ten-roomed ditto ........ 256 16 6
A Twelve-roomed ditto

together with a Price List of purified Bedding, and a mass
of valnable informationto all requiring househald furniture,
carpets, or bedding. References kindly permitted to Clergy-
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Chichester, Bury, Ely, Preston, Grimsby, Ryde, Plymouth,
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COBBETT and CO., General House Furnishers, Deptford-
bridge, London. B.E.

THE MURDER OF MR. BRIGGS.

Upon the detectives making their mission known
to Muller, he suddenly appeared agitated, and in-
voluntarily exclaimed, " What is it P" and on
being told that he was arrested on the charge of
murdering Mr Briggs, turned ghastly pale, but
soon recovered, and said, " I did not do it, and I
can prove that I was not there at all." As noted
in our yesterday's edition, passengers in an excur-
sion boat called out, " Where's the murderer, Mul-
ler ?" Throw him overboard !" but it appears that
this was heard only by the cabin passengers, Muller
at the moment being in the act of going below
apparently in utter ignorance of what was going ,
on. At the Quarantine Station there was some
delay in the appearance of the boarding party,
and Captain Champion ordered the immediate
seizure of the accused, but a moment afterwards the
,detectives appeared on board. After the identifica-
tion was finished the trunk of the prisoner was
opened. In it, sewed up in a piece of chamois
leather, was the watch of Mr. Briggs and a
black silk hat, marked " Digance, hatter." The
hat had been worn by the prisoner during the voy-
age, but when taken charge of by Inspector Tanner
a cap was borrowed for him to go on shore. After
the officers had taken him in custody at Sandy
Hook, and during the remainder of the voyage to
NewYork,.he seemed agitated and in deep thought,
voyage,
b
frequently rising suddenly and pacing the cabin,
slept soundly. During the latter part of the
when off Castle Garden, he was asked what
had become of the ring he had received with the
chain from Mr Death. He replied it had been
taken from him. Tanner asked
if the stone was a
p
red one. He replied "No, white." It was at this
Mr Death identified the prisoner. The cook
e v
oftenya g
with starts, and ex.
of the Victoria, who slept in the next berth to the
very
syo ner
unsoundly,on th
prisoner
ewoaukt,insgtated that Muller slept
claiming in his sleep, " Who's there ?" Take
your hands off,"

EXAMINATION OF MULLER.
(Per the Hansa).
NEW YORK, Aug.
26.

Mr Thomas
- - 1
The hearing in the extradition case of Franz
near Lon-
donßriggs in a first class railway carriage
Muller, charged
Was resumed at 11
o'clock, in the United States District Court,
before Mr Commissioner Newton. The crowded
condition of the court room evinced the great jute-'
rest manifested in the case. .
Mr Beebe, who had been assigned as counsel for
the accused, not being present, there was some
delay in commencing the proceedings.
Mr Edwin Blankman, after a brief consultation
with the prisoner, stated. to the Court that the
accused expected his sister to be present, and
would then make some arrangement as to counsel.
The Commissioner (to the
thwi
Ithoythleas:urder
of
accused)—ls your
holding a blue
sister here ?
cotton The haeaenudekeedrc(hetieefild. rag, eunPe and
his hands, and
accent)—l am
expectingspeaking
Ynur sister any friends
do not know
heTreh; Commissioner---lias
The Accused-4 -now, sir. She came
to this country
by herself.
The Commissioner---Well, I
will assign Mr
Shaffer and Mr Blankinan as counsel, if there be
no objection.
in Court they act,
e
ceptadth
tthheesegentlinen being
charge,
and took their seats at the
table where the prisoner wasseeawteodr.eHa
e darkis tweed
of
small
e e
shooting stature and
jacket,slightly
adark
built.
waistcoatn buttoned high up,
and a white necktie, and has somewhat the appear.
ance of an English ostler. His eyes are small, and
so deeply set, that at a few yards distance from
him one can only see the shadow of the brows.
The face is a narrow oval, and has neither whiskers
or moustache; the hair is quite light, and is care-
fully combed; there is nothing about his appearance
indicating Propensity ; on the con-
trary, heanywouldmurderous
pass anywhere for a quiet, inoffen-
sive person, Ile keeps his lips closely compressed,
and betrays no signs of emotion.
On the other side of the table, beside Mr Mar.
bury, counsel for the British Government, sat Mr
Tanner, the inspector of detective police, of London,
an open-faced intelligent-looking man. Mr Ker.
ressey, the local inspector of Metropolitan police,
was also present, together with several of the Eng.
lish witnesses.

After some little delay, to permit counsel to confer

The depositions were then offered and received in
evidence.

Richard Tanner was examined by Mr Marbury,
and testified as follows :—I am Inspector of the De-
tective Force, Metropolitan Police, London. My
attention was first called to the case on the 10th of
July. I waa directed by Sir Richard Mayne, Com-
missioner of Police, to undertake the inquiry. I
went to Bow, and put myself in communication
with the local police. I received there a hat from
Inspector Kerressey. I have since kept it under
lock and key. It is now in London, at the office in
the strong room. It is an ordinary black hat, bent
and broken. It has the name of T. H. Walker, 42,
Crawford-street, London. as the maker. It aps
peered to have stains of blood upon it. I ex-
hibited it to Mr Mathews, who is here present.
I was present at the taking of the depositions be-
fore the magistrate, Mr Henry, on the 19th of July.
I saw him swear the witnesses, and saw them sign
the depositions. Mr Henry certified them after
they were put together. He is the chief magistrate,
and has been so to my knowledge 10 or 12 years.
I have been connected with the metropolitan police
force in London for 14 years. I rose from the ranks
to my present position—we all have to do that. I
have been in the habit of seeing preliminary depo-
sitions in cases of crime in England in which war•
rants are issued. The depositions in this case are
in the usual form. I received the depositions of the
29th July from the hands of Mr Henry, the magis-
trate—they are the orginal depositions. I got them
certified by Mr Adams, the American Minister. I
produced the hat before Mr Henry on the
19th of July, when these depositions were
taken. I produced it to the witness Ames. It
was in reference to it that Ames testified.

I showed it also to the cabman Matthews. I pro-
duce a pawnticket here. I got it from the witness
Naffs, on the 18th of July. It is the same ticket
to which Haifa refers on his deposition. There were
also produced on the examination a walking stick
and black bag, which bad belonged to Mr. Briggs,
and the cardbox spoken of by Mr Death, the jewel-
ler. I examined the compartment of the railroad
car, and observed the cushions covered with blood.

I was present at the Coroner's inquest and saw
there the body of Mr. Briggs. The paper I now
produce is a proclamation offering £3OO reward for
the apprehension of the murderer. It was issued
by me on the 16th of July, in London. I got the
description of Mr. Briggs's watch from the watch-
maker at Hackney, who had cleaned it not long
before. I was referred to him by Mr. Briggs's son.
It is described as a large, old.fashioned, gold
lever watch, open face, with the number and
maker's name.

Counsel for the accused objected to hearsay evident() as
to the description of the watch. Objection sustained.

.
Cross-exammed by Mr Shaffer— I was not acquainted
with Mr Briggs in his lifetime. I had never seen him,
but I saw the body at the inquest. Ido not know of my
own knowledge that it was the body of :Mr Briggs. I
applied no test to determine whether the stains on the hat
were stains of blood. Ido not know how many persons
occupied the compartment of the car in which Mr Briggs
had a seat. From Bow to Hackney-wick is about three
miles. I know nothing of the appointment of Mr Henry,
the magistrate.

Walter licrressey, examined by Mr Marbury—l am in-
spector of K division of the Metropolitan Police, sta-
tioned at Bow. My attention was called to this case on
the morning of Sunday, July 10. I saw Mr Briggs both
before and after his death. I sent a constable to the Cam-
den-town station for the flat, and received it from him. I
have been connected with the Metropolitan police of Lon-
don ;ver 14 years. I know Mr Henry, the chief magis-
trate, at Bow-street, about 12 years. I was present when
all these depositions were taken befcre him at Bow-street,
on the 22d of July, 1864. The witnesses were sworn by
Mr Henry, and signed them before him. This is Mr
Henry's certificate. I received these original depositions
from his hands, and I brought them with me to this
country. There was a hat produced before Mr. Henry,
on the 22d July. It was the same that I got
from the constable. I gave it to Inspector Tanner. I re-
member the deposition of Mr Ames, one of the railway
guards. The hat was exhibited to him, and he testified to
its being the same that he found in the railway carriage. I
also showed the hat to Elizabeth Kepsch, and it is the one
to which she refers in her deposition. I also produced a
gold chain—l produce it now, also the hook belonging to
the chain, and a small ring. I received the chain from Mr
John Death. The hook I saw taken off the deceased by
his son. The small ring I received from Mr Buchan, the
surgeon ; it is the one which he testifies in his deposition.
The chain is the one to which the witness, Mr Thomas J.
Briggs, Mr Buchan, and Mr Robert Death referred to.
There was a new chain presented to Elizabeth Kepsch on
her examination. It was produced by Young, the pawn-
broker's clerk. It was in reference to it that she and Haifa
and Robert Death testified. The card-box was also ex-
hibited on the 22d July.
Cross-examined by Mr Shaffer—The examination of the
witnesses on the 22d July occupied about seven hours. I
received the depositions from Mr Henry, and gave them to
the superintendent. I was not present when the American
Minister gave his certificate. The papers were returned to
me by the superintendent. I am not acquainted with the
signature of Mr Adams. Mr Marbury supposed that Mr
Adams's signature could be proved by Mr Shaffer himself
as he had been Mr Shaffer's candidate for the Vice-Presi-
dency.
Mr Shaffer—Yes, but I never helped to hang a client of
mine if I could help it.
The Commissioner ruled that the certificate of thelJnited
States Minister, under the seal of the legation, should be
received in evidence,
Mr John Death, examined by Mr Marbury—l reside at
55, Cheapside, London. I am a silversmith and jeweller,
and have been in that business 32 years. Tho chain now
handed to me I purchased on the morning of the 11th of
July from the prisoner (here Muller stood up to be identi-
fied). I was called into the shop by my brother, and this
chain was handed to me by him for me to vt,lue. I put it
in the scales to weigh it. The prisoner looked to see me
do it. I told him I would give hint £3 108 for it. Ile
looked at another chain which was priced £3 15s, but de-
clined to pay the difference. I then showed him a chain at
£3 ss, which he agreed to take, 1 then asked hint what ho
would take for the ss, and he said a finger ring. I showed
him one at the price, having a cornelian stone and a head
engraved upon it. He fitted it on his finger, and kept it.
My brother handed me a paper box, on which was a label
having my name and address, into which I packed the chain
I had sold, and made a parcel of it and delivered it to the
prisoner. He then left the shop. I again saw that box on
the following Monday night. It was given to me by In-
spector Tanner. I identified the box as being the one that
I had packed the chain into. That is the same box which
1 saw at the magistrate's office at Bow-street on the

Cross-examination continued—At the timo I purchased
the chain I had not read of the murder. Soon afterwards
my attention was called to it, and I was struck with the
fact that the chain I had purchased lacked the hook, and I
immediately wrote to Inspector Kerressey informing him
of the circumstance. The description given in the procla-
mation is made up from that which I and my brother gave
of the man from whom I had bought the chain. I never
saw the same pattern of chain before—it has a certain
peculiarity by which once seen I would recollect it again.
A chain somewhat like it is called the Clyde chain; this is
a swivel seal ; the description of this seal given in the
proclamation does not properly describe the chain.
Jonathan Mathews, examined by Mr Marbury—l am a
cabman, living in London. I know Franz Muller, the pri-
soner, perfectly well. I have known him about two years.
He has been in the habit of visiting me frequently, as often
as twice or thrice a month. He has been working as a
tailor. I bought a hat for him. He had come to dine with
me one Sunday, and he saw with me a hat which he liked.
He tried whether it would At him, and found it was a little
tight for him. I said if I get you one made a little easier
than that, will it fit you ? He said, " Very nicely." I did
so according to his wishes, and had it home the Saturday
following. It was made by a man named Walker, in Craw-
ford-street. Ile wore it up to within three weeks of my last
seeing him. 1 have since seen that hat. I saw it at the
Detective Office, Scotland-yard, London. I described it to
the inspector before he showed it to me. I had remarked

it three weeks before, and told Mailer it was getting shabby
He said he would wear it a while longer. The jeweller'e
card-box I saw at my house on Tuesday morning. Ho had
given it to my little girl to play with. I thought nothing
of it till I saw the handbill. It had the name and address
of Mr Death, the jeweller, in it. I had never got anything
from Mr Death.

Cross-examined by Mr Shaffer—This hat was exactly
like mine, except that this was easier. I should not think
there were any similar hats in the store, as I get my hats
made to order, and this was made to order. It was some
two or three weeks before Christmas. Q. Did you have
your head measured for this hat ?—A. No ; they do not
measure heads, they measure hats. (Laughter.) I always
found the accused to be a very steady, industrious, honest
man, regular in his habits, and I should not have hesitated,
on oath, to give him a good character.
George Clark, examined by Mr Marbury—l am sergeant
of the London detective force. I boarded the Victoria the
other day in company with a New York officer, John
Tiemann. Told the prisoner that he was charged with the
murder of Mr Briggs in London; I followed by saying,
" on the North London Railway, on the 9th, between Bow
and Hackney-wick." lle said " I was not there ; I never
was on the line ;" the officers searched him and took a key
from his waistcoat pocket—this is the key. The prisoner
said it was the key of his box. I afterwards fetched the
box into the cabin, where the prisoner was standing. Ho
told me it was his. I unlocked it, and among other things
found a gold watch and a hat. This is the watch and
hat.

Mr Marbury called attention to the fact that the watch
produced was an old-fashioned watch, made at Hackney ;
and that the evidence in the case showed that the watch of
the deceased was an old-fashioned one, and that he lived at
Hackney.

Jonathan Mathews was recalled by Mr Shaffer, fatcl the
hat found upon the prisoner, supposed to have belonged to
the murdered man, was then tried upon him and found an
easy fit.

John C. Ticra-Inn, examined by Mr Marbury—Ara con-
nected with the detective force in this city. I made the
arrest of the prisoner, having been deputed by the United
Stags Marshal. I took out of the prisoner's pocket the key
of his box, and was present when the box was searched.
Cross-examined—l'he prisoner said he had had the hat
about a year, and the watch for two years.
This closed the case on the part of tbo British Go-
vernment, and the further hearing was adjourned till Sa-
turday morning at 11 o'clock.

REMARKABLE CONFESSION OF A SELF.
ALLEGED ACCOMPLICE.
George Augustus King, about oft. 9in. or 10in. in height,
with straight red whiskers, wiry frame, and of shabby-
genteel appearance, calling himself a publisher, living at
Bow, was brought before Mr Ellison, at the Worship-street
Police-court, by Mr Inspector Honey, of the K division,
charged upon his own confession with being concerned in
the above alleged murder.
Mr Abbott attended for the prosecution, which was in-
stituted by Mr G. Buckley, landlord of the Ranelagh Arms
Tavern, Old Ford, who stated—Last night, about eleven
o'clock, I was in the bar talking to my customers and ex-
pressing tho extreme gratification I felt at the capture of
Muller, with the extra evidence against him, when the pri-
soner, who was present in front of the bar, suddenly re-
marked, " I could wager a fortune if I had it that there
were i,wo men ' congregated' in it. A gentleman who was
present turned round and said, " You ought not to say such
things if you don't know them for facts." Prisoner turned
towards him and replied," 1 don't care ; now Muller is
caught I'm sure to be apprehended. Muller is coming
across the Channel in irons, but I can walk out of these
doors at liberty." Another person remarked, "I am really
astonished at your saying this ; it a constable was within
hearing he would apprehend you." I then called prisoner
into the taproom.
Mr Safford (clerk)—Was he sober?
Witness—No, ho was not quite sober.
Prisoner—No, you gave me so many glasses of brandy
and water—about 30—you made me drunk.
Mr Ellison—lt will be better, probably, not to snake
any statement at present. You can cross-examine the
witness presently. (The prisoner here apologised, and was
proceeding to speak again to the witness, when stopped
with some difficulty by Bendel], the gaoler,)
Evidence resumed—He took my hand, burst into tears,
and sobbed out, "I wish to have 501 b. weight taken off my
shoulders." I asked, ,6 What is the matter with you?"
He then said: Muller and I were hard up, we wanted
money, and money we would have ; it (the murder) was
contemplated three days before it took place. We went to
Fenchurch-street, waited there until Mr Briggs arrived,
and took two first-class tickets to Hackney Wick. We did
not commence our operations until we had just left Bow
station. I then struck him twice. Muller struck him three
times. Muller opened the door and laid hold of his body.
I lifted him up and threw him out. I got out at Hackney-
wick station and ran to the Mittord Castle, went into the
parlour, and heard the fireman of the engine halloa out that
some person was run over on the line. I went to assist,
helped to carry the man into the public-house, and bathed
his temples." Witness from this point continued to the
effect that being strongly impressed, from the prisoner's
statement and manner, that his representations were truth-
ful, he thought it prudent to acquaint those outside the
room with what had occurred, which he did, and after-
wards, leaving the door open, returned to the prisoner, who
repeated a portion of the statement, which those outside
heard, among them wore two police-constables who had in
the meantime been sent for. The prisoner was given into
custody.
Mr Ellison—Prisoner, do you wish to ask any questions
of this witness ?
Prisoner—l thank you, sir; I will—one. (Addressing
witness :) Before you took me into the taproom did't you
give me several glasses of brandy and water ?
Witness—No, I don't know that you had one,
Prisoner—Was I sober?
Witness—No ; I have said you were not quite sober.
Prisoner—Was I not thoroughly drunk?
Witness—No, you were not, because you were sitting on
the top rail of a chair with your feet on the seat, which,
if much intoxicated, you could not have done.
Prisoner—You made me drunk.
Witness—Most certainly not, for at the bar I believe you
only had a glass of ale,
Mr Abbott was about to call other witnesses, but on the
magistrate learning, in answer to his question, that their
evidence was to the same effect as the foregoing, he re-
inaJzed that at so late an hour it was scarcely necessary,
and they were not heard.
Mr Inspector Honey said that since tho
prisonerrtt
apprehended he had made inquiries at
thoeu had been
iNsf
previous
Castleto
and learnt that prisoner was there two hours
the time of the asserted murder.
Mr Safford—le the Mitferd Castle near the slut Rhere
the body of Mr Briggs was discovered?
Mr Buckley—lt is.
Mr Safford--It is scarcely evidence, you not being pre-
scut at the time; but for the sake of information say if the
body was carried into that house.
Mr Buckley—lt was. Permit inc to say
that on my
hearing such an extraordinary statement from the prisoner

; (From the Mechanics' illago:inc)
We believe we are correct in stating that it is the inten-
tion of the Government to comply with the prayer of the
memorials of the Chambers of Commerce of Bengal, Bow—
bay,and Madras, and to allow of the introduction of th
British sovereign as current coin into the three prcsidencias
of India. There can be no doubt of the advisability 'of
this step, which seems also from a recently arrived
telegram from Calcutta, ;,to have obtained the con-
currence of Sir Charles Trevelyan, the able Finance
Minister of Bengal. The inconveniences which have
so long been experienced from the exclusive use of silver
as a legal medium for the transaction of commerco,
between India and Great Britain, and between India an.d
the Australias, have of late increased to such an extent as to
have become intolerable. The trale between those count; ie
has indeed been crippled by the restriction, to a very large
extent, and this without contingent advantage in any fort,
whatever. The matter, therefore, becomes a home ques..
tion, and one in which English manufacturers, and Englist,
engineers especially, are interested. The gigantic workii
in the form of railways, canals, bridges, and tramways for
the transit of cotton, which are at present in progress or i
prospective in British India, render it essential that eve :1
facility should be given to those who are engaged or likely
to be engaged in carrying out those works. As things. are,
managed now, this is far from being the case. Obstacles
to the execution of large undertakings in India continually
arise from the impossibility of transmitting large sums of
money in the form of silver coin, for the payment of officials
and workpeople engaged on them. The absurdity of confin-
inglegaldisbursements to the media of rupees, annan,andpice,
may be conceived by supposinga similar enactment to exist in
our own country in reference to the florin and its subordinate
silver and bronze coins. In a vast territory like India,
however, without the means which we possess of effecting
the rapid and safe conveyance of specie from place to place,
and without the advantages of the perfect system of bank-
ing in existence here, it is plain that our own annoyances.
arising from the absence of gold coin would be small in,
deed as compared with those of the inhabitants of India.

It is not internally alone that the evil is felt in that cowl.
try, but externally, and indirectly this latter fact is of yet
mote serious COI.I23CtILIMICe. Owing to the exclusion of gold
from the Indian currency, the trade with Austral;.a, for
example, is chiefly carried on in a fashion which affects
most detrimentally the commercial interests of both colo-
nies. The gold of Australia is sent to England, whore it is
employed in the purchase of silver, which silver is sent to
India burdened with the charge of the double voyage, and
with the additional interest which has accrued during
the long period occupied by it I The cotton and other
exports of India are necessarily charged with the extra ex.
pease arising from this circuitous mode of payment. Can
anything be imagined more absurd and injurious to trade
than such an arrangement ? A yet worse feature, perhaps,
is, that this Australian gold is held firmly in the cellars oft
the Bank of England till the demand for silver is mad
.0
from India, when Europe is ransacked for the purpose of
obtaining it in sufficient quantities. Then the banks of
England and France simultaneously, or consecutively ILE, it
may happen, raise their rates of discount to mitigate, the
drain ; and by doing so derange more or less every branch
of business in the two countries. Now, if gold were placed
en the same footing of legality as silver, it is evident that
these complications would no longer exist. Australian gold
would then find its way direct to India, and be received
unhesitatingly in payment for cotton and other products,
which, after exportation to England for manufacture would
be sent to Australia for the use and advantage of its Euro-
pean population.

This is a sample of the good which must inevitably at-
tend the legalisation of gold as an adjunct to tho currency
of India, and it is easy for our readers to see that the bone -
ficial influence of such a proceeding must of necessity pe T-
wat° through the channels of commerce and trade, end
act and re-act advantageously for all engaged in their pro-
secution.

As a further reason in favour of making gold a legal
tender throughout the Presidencies of India, it may be st ated
that a positive deficiency of the supply of silver is impend-
ing. his in the month of November that the great annual
demand for produce from the interior of India invariably
manifests itself, and unless there existed available equiva-
lents for its purchase, the economical system of Europe will
be snore seriously disturbed than in previous years it hats
been from a like cause. Increased means of communicatie
with remote provinces has had its natural effect, that of i
creasing the exports from them, and every year this proc oss
is going on. How highly essential then to meet the grow-
ing supplies with enlarged facilities of purchase.
Many other arguments might Le adduced in support of
the proposed change, but they properly belong to the finan-.
cier and the statistician. Our own purpose in introducing
the subject to these columns is to demonstrate the fact that
to the manufacturers of this country generally it is ono of
vital consequence—much more so indeed than at the first
blush it might seem to be—and that they and we therefore
have a strong interest in it. Gold comprises much value in.
little compass, whereas the converse holds good of silver ,
and there is no doubt that the people of India will esteem it
in the same relation to the inferior of the two precious met ale
that the people of all ether nations do. It is portable, eP.sily
secured, and has many claims beside its intrinsic worth to
superiority over silver. We shall look anxiously for the
promuluation of an Order in Council which will set at rest
any doubt as to the intentions of the Government, and
make the sovereign and half sovereign of Great Britain as
free to circulate in Bengal, Madras, and Bombay as they
are in the British islands.

ACADEMY OF SCIENCES.—At the last sitting a
note was received from M. Guerin-Meneville, with a few
spechncus of the cocoon of a new species of wild silkworm,
a native of the Correntine missions on the right bank of the
Uruguay in 31 deg. S. lat. It feeds on the leaves of the
Espinello, a plant which is supposed to be the Mimosa Far-
nesiana in a wild state. Its cocoons are all open, and such
is their immense abundance, that the trees are literally
covered with them to the height of six feet from the groundr,
When recently span, the cocoon is orange-coloured, but
exposure to the sun and rain bleaches it. Us silk is ex-
tremely pure and fine. M. Aleneville gives it the name of
Bombyx Fauvctyi, from the discoverer M. Fauvety. M.
Guerin-Meneville further announces that a Bombyz
Atlas, the first ever hatched in France, is now visible
at the laboratory of the Imperial farm at Vincennes. This
unique specimen proceeds from one of the 16 cocoons sent
from Mussoreo, a small town situated on the table-land of
the Himayala, by Captain Hutton, A paper was received
from M. Pouchet in answer to M. Costa's last rejoinder on.
the subject of animalcules. He denies that it is the kysti
sticking to the surface of plants that produces bristly ani•
maleules in vegetable macerations, M. Pouchet having ob-
tained some from even animal matter abstracted from the
deepest organs. He states that the museum of Rouen pos-
sesses a maceration of a tape-worm taken from a dog, and
which, after having been preserved in alcohol for more than
a year, has produced an innumerable number of large bristly
infusoria. His having mistaken enkysted microzoaria for
spontaneous eggs is not, he says, a new reproach, which he
refuted six years ago. As to infusoria passing through
filters, M. Pouchet has shown it to be mathematically im-
possible ; why, then, has not M. Costa mentioned the
species and dimensions ?—M. Turnbull wrote to inform the
Academy that he had succeeded in finding the deal and
dumb subjects he proposed to treat by his new method
under the supervision of a Commission appointed by the
Academy, and begged that a day might be appointed by the
said Commission (composed of MM. Flourens, Milne
Edwards, and Cl. Bernard) to verify their present state.
THE COTTON TRADE AND THE DISTRESS IN
PRESTON.—Within the past few days a " downward
tendency' has manifested itself in the cotton trade of Pro-
ton, and it is apprehended that from the present until next
spring there will be a decrease rather than an increase in
the employment of the operatives. Two or three mills
which have been worked during the whole of the cotton
famine will in a week or two or either wholly or partially
closed, and it is ,understood that others will shortly be in
the same position. Last week a large number of operatives
were thrown off full time; and this week there has been a
similar change for the worse. The cotton trade report
issued yesterday shows that at present 13,278 operatives of
the 27,800 in the town are working full time ; that 1,188 are
employed at the rate of five days per week ; 689, four ;
3,088, three; 112, two; and that 9,069 are entirely out of
work. Last week the figures were—Full time, 13,703;
five days, 1,053 ; four, 601; three, 3,095; two, 4 ; unem-
ployed, 8,968. Twenty-one out of 87 mills in the town
are closed,—At the meeting of the Preston Board of
Guardians, on Tuesday, it was stated that in the entire
union there are this week 2,041 cases, comprising '1,598
persons, who have been relieved at a cost of £271 lls.
As Compared with last week, these figures show an in-
crease of 10 cases, a decrease of 28 persons, and an increase
in the expenditure of £1 Gs lid, At present the Guar-
dians have in their service 240 able-bodied men. In the va-
rious workhouses of the uttion there are 919 inmates. A.
proposition was recently made that the operations of the
Relief Committee should be suspended, but the committee
considered that there was too much d,stress in the town to
warrant the adoption of such a step. The report of the com-
mittee, issued on Tuesday, shows that they have now on
their books 1,296 cases, comprising 4,910 persons. As
compared with last week, these returns show an increase of
13 cases and nearly 100 persons.

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