The Sun.
London, England, 1852-10-16 00:00:00

SUN„

T-HE BANK OF INDIA.
Capital 100 Lacs of Rupees. or 1.00,,000/. sterling, in 40,000
Shares of 250 Eupees, of 251. sterling each. Deposit or 51. sterling
er share.
801.torro3s.—Ifessrs. Ilughes, Kearney, and Mastermam, London.
BROKERS.—Messrs. Foster and Braithwaite.
The Bank of India is es: ablished for the purpose of carrying on the
general bayiness of banking and exchange in India, Chins, the
Mauritius, Ceylon, Singapore, and the other eaAern possessions of the
British empire ; for receiving deposits and making remittances ; for
granting cash credits and making a.tvances upon approved securi•
ties ; for issuing c:rcula,. n:tes payable in Europe, Egypt, the prin-
cipal stations on the Overlan I r, utes to India, and at the different
establishments of the bank ; for granting local drafts and credits ;
and fur all other legitmate banking business.
Application will be made to her Majesty and to the Government
of Iwl a for charters of incorporation to limit the liability of the
Shireholders , and power will be taken to increase the capital of the
company to 2,000,0001.
The arrangements ,or the constitution of this Company are now
Beady completed, and full prospectuses, with the names of the Board
of Directors, will sh rtly be published.
In the rneaujime, farther information may be obtained at the
temporary Offces of the Company, 4, Adam's-court, Old Broad-
r tre t, London.
•

TIMATEN °Lila, fiA Ylll A :{KFT.
Mr. o•lrter, Qole Lessee and Manager. 014 ?troll:tame
Being Ms Farewell Season as Lessee and Manager.
THIS F. VE TN (3,

be performed Holcrof. 'a Comedy of THE ROAD TO RUM
principal characters by 3res.srs. Stuart, Leigh Marray, Lambert,
A. Wigan. and Miss Rosa, Bennett.
After which. a new and original Farce, called BOX and COX,
yARRIED and SE t MED, by AI lieeley and BucitAone.
Ts c.).tclude wan THE WOMAN I ADORE.

TI-IZA TR P.: ROYAL, iDELPIII.
i.cetve, Mr. E. V.4.044:N. a DirectreasOladame Cete;.-tri.
. neal A ttrActoru
9th appearance of MaLiame Celeste since her return from America.

TIIIS EVENING,
Wfl! be cerlcrmei THE GREEN BUSHES. by Madame Celeste,
3fisa jVcclger, Messrs. Paul Bedford, Emery, Honey, Ste.
To coLclo:e with the celef:rated Adel phi Drama of JACK SHEP-
PARD. Wild, Mr. S. Emery ; Owen Wood, Mr 0. Smith ;
Jack Sheppard, 3lrs. Keeley ; Blueskin, Mr. Paul Bedford ; Thames
Darrell, Miss Ellen Chaplin ; Winnlired. bliss Laura Honey.

•
BAYAL PRINCESS'S I'HEATKE, OXFORD-STREET.
Under the Nranagernent of Mr. C. Kean.
THIS EVENING,
Wei be presented THE vitt. viA DONNA. Principal characters
tl Messrs. Walter Lacy, Addison. and Cathcart; Miss Robertson,
and 2H-5 Heath.
ftt r which a new Meoir arna, entitled IVIONT ST. MICHEL ;
or, The Fairy of the S lay Messrs. Wright, Harley, Ryder,
Graham, Co ke. Everett, and Chester; Misses Marshall. Vliash,
and Carictta Leelercq.
To conenee with THE SI'ITALFTELDS WEAVER, in which
Mr. W wilt onstain his original character.
Box.oflice is open daily front II till 5.

..,-,rT<EY's 'ROYAL .-VMPHITHEATRe:.
Under the Pa.tronsige of her Majesty and his Royal highness
Prince Albert.
proprietor and :%tanager. Mr. W. Ratty.
Gpe, Every Evening, with the
he Largest Equestrian Establishment
in t World.

Moat Gratifying quccess !
• Sixth Week of the Equestrian Entertainments.
The immerse applause best •we t by crowded rouses is a convine-
ing proof of the daily, increasiag poomarity of &a favourite place of
amusement The Brotr.ers Seigrist wit introduce the r new per-
formances of Feats of Strengtl in the air. In addition to which Mr.
atty has engaged the Marines, Elisler, who will make their appear-
ance on the Doub:e Tight Rope; likewise will be displayed Globe
.Aseension; Vaulting, the Nico'o Family, and the most pleasing Scenes
in the' Arena, embracing ail the principal artistes in the establish-
= eut.
.fht doors open at Half-past Six o'clock; the Performances commence

at Seven.
Balf-piice at Hall-past Eight.
4dixt:Seoh--4talls, 55.; Dresi Boxes, 45.; Upper Boxes, 35.; Pit,
25.; Gallgry, Is.. Upper Gallery, 6d.
Tickets to be had at the Box-office from Eleven till Four daily.
Stage Manager. Mr. Leclercq.

PORTRAITS

WELLINGTON AND SOULT,

WITH MEMOIRS AND PAC-SMILES OF THEIR ILLIsTD-

WRITIN GS.

A PORTRAIT OF
•
TIE
DUKE OF WELLINGTON

TOGETHER WITH
THE MOST

SPLENDID LIKENESS OF SOEJLT

EVER TAKEN,
BY WYON,

FOE WHICH THE MARSHAL SAT SIX TIMES,

IS THIS DAY PUBLISHED,
AT THE SUN OFFICE, 112, STRAND,

PRICE SIXPENCE.
Sun Office, Oct. 16, 1852.

HIGH WATFIL AT LONDON BRIDGE.

T DAT —Morning 84 min. after 3 I Evaning 56 agn. atter 3
o.Moaxow—Morning 17 Lqin. a:l.4r 4 Evening 40 min. atter 4

THE WEATHET.Z.—time Ourrcs, Ocronsn 16.
THERMOMETER, IN THE Slum
51-3thrhest since limn yeaterdey.
4S--'avast this morning and during the night.
48—'1153 day, at noon:

BAftuars3Rß, 30.32.
WIND E.3.E.—light breeze and cloudy.

DAIL IC WEATHZit TABLE.

State of the Wind and Weather at each of the following
plizt-e- it Nine o'etecit yesterday inorning.—The stations
or, arraaF,cd in order of latitude.
flacruzinii —Wind E.. fresh breeze—partially cloudy.
so writ AsArTot.r—W Ind S. W.. strong breeze—overcast.
ro nd E., fresh breeze.--overcast.
T Trams, K—W N. E. • gent le breeze—partially cloudy.
OH F,N.,` ICH—Wind E-, ger.t le breeze —overcast.
Scamp— W.nd E., gentle breeze—overcast.
w re.):l—. Wind N. E . gen:hi hreese—overcast.
C.o .114 TE SV it N. E., gentle breeze—overcast.
~.....eststr?t.ic—, Wind N E., /tinir.ie breeze—cloudy.
YAartuv.t.7.%,i- tut! E., strung breeze—partially cloudy.
tie return?. inn toilowrug phr,e2 indicate the state of
the wind and .ereather on s burs.l;sy morning at nine

k

- -
Moo:two An—Win a. S.W.. gentle breeze—partially cloudy.
Wind N. E.. strong breeze—partially cloudy.
rwittol-froN —W Ind .S E., calm overcast.
Y ..isoirrH—Winct N., calm—foggy.
H .I..rtuceo)--Wind S, gentle breeze—very fine.
rti aunt—‘v ind S., gentle breeze—ov-rcast.
DA.,t i•LIGTOt4 trid W., gentle breeze—foggy.
I EHAP—Wind E., ca ra—overcast

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7,i...f ) - ?----v 1
it?
~,-„,,,,
41,4:''; .-----N4:i,4i4-(15:1 --::)':-Flitik, . tst,.
=y,o-------,k_ ;(,r,•:1/44,,
.; .1,1 1 7,,,, *4..) ,f=--v, *s.:•":-.i-ik:"-- -'7.v; iV' --:-.--_,41
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LONDON, SATURDAY, ocroßß 16, 1852.

The DERBY Cabinet will nowhere find reason for
a more onerous sense of responsibility than in refer-
ence to their administration of our Forty Colonies.
It is a rather serious refl?cion, therefore, that at a
portance, the colonial de-
juncture of supreme im
pertinent of the British Gevernment should be pre-
sid-d over by a etsteeman so little known by the
display of distinguished capacities as the Right Hon,
&meet Sir. JOHN FAKINGTON. Fortunately, the
country is already able to appreciate the merits of
almost all the other conspicuous members of the
Ministry. It know by many years of experience the
vigorous intellect of the-Noble Earl now the Prime
Minister of England. IFs capability in the conduct
of affairs has been recognised in many positions of
eminence and under circumstances of very extraor-
dinary import. His administrative skill has been re-
vealecj scarcely less frequently in office than his
rhetorical powers have shone with peculiar splendour
in debate. For testimony in regard to the former we
have only to lock to the records of history during the
last eight Administrations, as in regard-to the latter
we need only glance very cursorily through the
pages of Hansard. If nothing else testified the
genius of Lord DERBY as a ruler of the land, ample
evidence of that fact would be discoverable in his
method of conducting the affairs of his department,
as Lord STANLEY during the memorable interval
when from 1841 to 1845 Sir ROBERT PEEL guided
with his master-band the helm of the State, infusing
so much reeelmet..
.7 and precision into the intricate
operetions of the Government. Hardly less manifest
by thin -time nro the
-cope and adaptability of those
mental endowments which
have suddenly raised the
oltfißt-hliet .1111:113:14c37 ,111m3 Ca-adEm to the Leadership
the Exchequer. Everythhoadty the Chancellorship of
nprign9,_,moreover, tolerably
meal und legal erudition
well Acqutinted. with
which the nation has
WARD SUGDEN,
LEONARD'S, and
trewarded by the
bestow4l of a coronet upon Siyr
his sense
now the Lord Baron ST. L
of which the PREMIER has marked by
of lase
e new peer to the dignity ofhis promotion
Lord
High Chan.
c.ellot. Within the past half-year, we have been
enabled underetend the reasonswte,e(h-
actuated the Earl of DERBY in filling up,
as
he has
done, flee re ponsible posts of the Home and Foreign
Secretarie4. The industry of the Right Hon. Sezacnt
War..Pows has not been less conspicuously shown
deviate the lapse of the long vacation than the
prof:llo4l.de and patriotism of the Earl of Mateeee.,
wear were rendered apparent by his resolute course
in reference to the British North American Fisheries.
Liberality of sentiment has been unexpectedly
displayed by Mr. HENLEY. Forethought has
been visible in the • policy of Mr. HEE-
um. Business habits of no ordinary excel-
lence have, to the amazement of his most
prejudiced depreciatory, been detected in Lord
JOE[E. MANNERS—Io
ng sneered at as an in.
different rhymer and
an eccentric visionary,
the prev.Z aevalier of Young England, more eppro-
pi/lately costumed, it was thouifht, is s white waist.

coat than in the official embroidery of the Windsor
untf ,rm. Oat of the entire group of our newly-
gaz etted Administratora, only two have in any re-
ins rkable manner revealed that incapacity, or that
lar ,k of common prudence, which, of all things, are
assuredly the most deplorable in one of the principal
members of a great Government. Public opinion
has been grossly and wantonly outraged by Major
BERSSPORD, as Secretary at War, while the Colonial
department of the Administra.ion has been brought
into grievous discredit by what would appear to be
the mingled ignorance and indolence of the Right
Hon. Sir JOHN PAKINGTON. The incident referred
to as affecting the character of the Secretary at War
cannot, of course, be duly estimated until the matter
has been brought under the serious consideration of
the Legislature. P. is not so, however, with the cir-
cumstances here implied in relation to the course
pursued by the present Colonial Secretary. That
course may unhoppily, even now, without any fur-
ther investigation by way of preliminary, be only too
clearly appreciated. There is no difficulty in under-
standing at a glance that the conduct cf Sir JOHN
PAKINGTON in abruptly, nay, even discourteously
dismissing Mr. CHANDLER and his brother delegate
from any further negotiations in regard to the mag-
nificent enterprise projected by the local Governments
of Nova Scotia, New Brunswick, and the neighbour-
ing provinces, must prove in the end to have been
fraught with trouble to the mother country, if it do
not actually lead to some such disastrous consequence
as her total loss of the two Canadas. Bearing this
lamentable illustration of the Ministerial incapacity
of Sir JOHN PAKINGTON very vividly in our remem-
brance, we cannot but look forward with the most
p,inful anxiety to the future ill consequences of his
unaccountable elevation to the Chief Secretaryship of
the Colonial Department, under the auspices of the
Earl of Deanx's Administration.

What naturally, or we may say necessarily, en-
hances our anxiety, in reference to Sir JoaN FAKING.
TON, is the circumstance already specified, namely,
that the present juncture in the history of the British
Empire is one of very solemn and supreme importance
in relation to the mode of government adopted towards
our forty gigantic and widely-separated colonial pos-
sessions. Upon the policy of Eegland at this critical
moment in the ell-important matter here partieu-
larizol depends the retention of those forty colonies
by England, or their successive, possibly their
simultaneous, severance from the rule of the
British SOVEREIGN. Assuredly, therefore, it becomes
the bounden duty of the PRIME MINIxTER at such a
momentous period in our annals to place some more
competent administrator than an intelligent Chairman
of Quarter Sessions at the head of the Colonial De-
partment. Unless some prompt and vigorous change
be made in this particular, the consequences may be
as fearful as they are by the majority at this instant
unanticipated. There are, undoubtedly, those
amongst us who consider that it would be to the ad-
vantage of the United Kingdom if, one by one, we
were voluntarily to relir quish our authority over our
colonial possessions. Such, let us at once assert with
all conceivable distinmess, are not the views with
which we look forward to the maintenance of the
proud position England has attained amongst the
foremost of the powers of Christendom. It is in the
nature of things, of course, that gradually, as time
goes on, a subordinate colony should expand into an
independent state, exercising the rights and privileges
of irresponsible government. It was thus with the
United States. It will be thus, also, when the requi-
site interval of development has elapsed, with the
vast island, or rather the fifth continent of Australia.
Nevertheless, while it would be idle to dream for a
moment of interrupting the natural course of events
in this direction, it is surely the part of a wise and
judicious system of government to prevent anything
like a precipitate severance, or a premature disrup-
tion. Instead of acting thus, it is to the interest of a
Government like that presiding over the destinies of
the British empire to endeavour by all imaginable
means to preserve her connexion with her scattered
dependencies for as long a period as possible intact, so
that when the hour of inevitable separation arrives,
the newly constituted powers should still be allied to
the old mother country by the indissoluble bonds of
gratitude—bonds welded by affection, and linked to-
gether by an unbroken series of noble and elevating
associations. Bearing ourselves thus towards our re-
motest territories, even when the ultimate hour had
arrived, even when the last of the forty colonies of
Great Britain had become separated by the Jape of
time, and the course of events, and the process of de-
velopment from the grand old state to which they
had all of them alike at one period owned a wil-
liug and implicit allegiance -- England would
still maintain to the last something more than the
m-re shadow of her pristine glory and her ancient
puissance—he would still preserve an inalienable
tescause a moral predominance over her divided terri-
torie• —she would still continue the parent state
around whose banners would throng more readily
even than of old the brave descendants of the children
of her soil, transplanted by her humanity into other
climes, and festered by her care to the maturity of
national independence.

At the present juncture the DEBBY Cabinet will
have immediate reason to acquit themselves with
vigour, but at the same time with caution, of the
enormous responsibilities to which we have above
alluded—in the eastern hemisphere in reference to
Hindostan—in the western hemisphere in reference
to Canada—in the southern hemisphere in reference
to Australia. Upon each of these important subjects
we have ourselves at different times already com-
mented. We have examined each separately, and
have explained in regard to each the nature of cur
aspirations. Various other recommendations upon
the same subject might doubtless be advanced with
similar plausibility. What we have spoli,?n, how-
ebreerra,tiwone.halvet supookwenreactsonwscitihenttihoeul
Legislature,a nd
wit
with
d eunderli
the guidance, or at any rate at the instigation of the
Government, to investigate the matter more closely,
and it is therefore with no common solicitude that we
now await the speedy assembling of both Houses of
Parliament—commending the great question of our
colonial policy to their serious and patriotic conside-
ration. As CJESAR wrote to OPPIUS and asusus—
" Hoc quemadmodum fieri possit, nonnulla mihi in
mentem veniunt, at multa reperiri possunt; de its
rebus rego.vos ut cogitationem suscipiatis." Asso-
ciated with this anxious consideration will come, Of
course, the thought to which we must again give
utterance, the thought that under these agitating cir-
cumstances, that at this momentous crisis, the
colonial department of England is presided over by
au administrator no less incompetent than the Right
Hon. Sir JOHN PAKINGTON.

There is nothing on which the welfare and pros-
perity of a nation so greatly depends as the amount of
banking facilities afforded to the community. A
circulating medium adequate to its wants and exi-
gencies is the very life-blood of industry. When
that is abundant, trade flourishes, and a general ac-
tivity is perceptible. Every man able and willing to
work is sure of obtaining employment at remunera-
tive wages. The natural capabilities of the country
era fully developed, production increases,
and the labouring populsti.m are contented
and ps,r.cPable. We rive unfortunately bad too
many examples of a diVerent state of affairs, to ren-
der it necessary to explain the serious evils that re-
sult from a restricted and inadequate currency. We
are but too painfully cognizant thereof. It would be
a work of supererogation to explain them. Persons
of all classes and stations in society, have bad bitter
experience of the melancholy consequences. A shrewd ,
observer has stated that the comforts of working men'
depended on the point whether the notes in the hands
of the public amounted to 16,000,000/ or 20,000,0001.,
while one of the most intelligent writers on the
affairs of the sister kingdom has ascribed the suffer-
inas of Ireland chiefly to the want of sufficient bank-
ing accommodation.
In
tScotlandvventy..on we'e find that there are no less
than
tered and joint-stock banks, six char-
fifteen unchartered, with an
aggregate capital of 13,000,0001. sterling
or nearly .51. each for every individual, whether man,
woman, or child of its population.
find that Scotland is prosperous, Consequently we
and
t notwithstandingevery israneh of
tindustry k
bleakness
is
sfsu
ol ify
ts e].developed,wtae
and less advantageous
gepgraphical position, it is not in Ivry respect behind
England. Much of this prosperity
of course
ascribable to the sound common senßet great frvga.