The Sun.
London, England, 1864-03-17 00:00:00

CAUTION TO STEAMERS.

- - - -
The boats will start from two barges moored off the Star
and Garter.

We have agreed that the race shall not start with a single
steamer in front of the boats.

If the captains of the steamers do not abide by these
orders the race shall be rowed with the ebb.
T. C. HikwKsirA.w, Capt , C.U.B.C.
C. R. CARR, Capt., 0.U.8.C.

The direeors of the Orleans Railway Company
have announced that at the general meeting of shareholders
they will propose to fix the revenue of the old shares at
100 f, for the year 1863.

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SPIRIT OF THE PUBLIC JOURNALS.

TIMEs.—.We rejoice to find the House of Lords
returning again to what we must consider to be its
true and legitimate vocation—the promotion of the
sacred interests of peace. Nothing has jarred more
on the public mind than the language which was
recently held by this great Assembly—language
which sounded as if they really considered it their
vocation to appeal to the passions of the multitude,
and place every obstacle in their power to those
who labour in the good work of preventing war,
carnage, and desolation. Our pleasure is increased
by reflecting on the quarter from which this salu-
tary change has come. Among the many admirable
qualities which distinguish Lord Ellenborough
nobody that we know of has ever enumerated any
marked aversion from war. A civilian with the
tastes of a military man, Lord Ellenborough has
generally been inclined to go to war with the first
nation which happened to offend our sense of jus-
tice or of propriety. Even the other day we were
sorry to see him lending his powerful voice to per-
suade his brother Peers that we have no choice but
to rush headlong into the Schleswig Holstein strug-
gle. Now, however, he speaks in a manner worthy
of his own great talents and the Assembly of which
he is an ornament. Ho asks whether the proposal
of Austria and Prussia for an armistice which was
published two or three days ego is authentic, and
makes that question the opportunity for expressing
a hope, in which we heartily agree with him, that
Denmark will not reject the opportunity offered her,
perhaps for the last time, extricating herself from
the tremendous difficulty with which she is contend-
ing. " I must express," says Lord Ellenborough,
"my earnest hope that the Danes will accept an
armistice on the basis of uti possidetis. I trust we
shall have the happiness to see the great Powers of
Europe assembled in conference with the armistice
first established, and I do hope at the same time
that Austria and Prussia will instruct Marshal
Wrangel not to commit the army to any further
military operations, for it will be a most criminal
act if, while these Powers hold out the hope of a
pacific settlement, they do anything to endanger
the lives of more men than have already fallen in
this unrighteous war." The counsel is wise and
weighty, and whatever Lord Ellenhorough may
have to say to-morrow, he can hardly utter any
thing better deserving the attention of Denmark
or more beneficial to his own party. It is quite
time that some one stepped forward to emancipate
the Conservative party from the stigma, which
they have been so anxious to fix upon themselves,
of wishing to drive the Government and the nation
into the horrors of a European conflict. The con-
stant taunts levelled at the Government for the
poorness of their spirit in submitting to see their
counsel rejected, their mediation repudiated, and
their good offices slighted, have sunk deep into the
minds of the reflecting part of the nation, and they
have come to think that the differences which once
divided Whigs and Tories in this country have
almost all merged into the single division of advo-
cates of peace and promoters of war. Sydney
Smith calculated that we had been at war 35 mi-
nutes out of every hour since the Peace of Utrecht;
and if we are to accept the present Tories as fair
representatives of the old English spirit of other
days it could not well be otherwise. It is quite
possible certainly for Lord Ellenborough, if he be
so minded, to unite his exhortation to peace with a
condemnation of the conduct of the nation in not
immediately going to war. He may say, " I advise
Denmark to make peace because England is too
mean and too poor-spirited to assist her in waging
war." But we are at present inclined to hope bet-
ter things, and to believe that the effect of really
wise and moderate counsel will not be neutralized
by any such addition. Denmark has now her des-
tiny in her own hands. She can, if she will, emerge
with honour and without irreparable loss from the
conflict; and if, carried away by democratic or re-
volutionary passion, she refuses to avail herself of
the opportunity affarded her, on her own folly, and
not on our prudence and moderation, must rest the
blame for such results as may ensue. We have given
her all the moral support in our power, and have
brought matters to such a point that Denmark has
still the opportunity of rescuing herself from the
hands of her enemies. Whether she will avail her-
self of that opportunity we cannot yet tell, nor ought
we to be judged by the result, which it is not in our
power to control. Let any one who has felt disposed
to find fault with us for not being more prompt in
enforcing by the sword the opinions which we enter-
tain consider for a moment whether we should have
been nearer our only object—the maintenance of the
peace of Europe and the restraint of violent and law-
less aggression—if we had yielded to the solicita-
tions and taunts of the leaders of the Conservative
party, had threatened instead of expostulated, and
prepared war instead of recommending conferences
and mediations. Is it at all sure that, after all the
expenditure, all the disturbance, and all the panic,
we should be the least nearer the end we have in
view ? France has hitherto remained quiet, and if
she has done little to promote the cause of peace,
she is, as tar as we know, entirely free from the guilt
of inflaming warlike passions. Are we quite sure
that this would have been the case if England had
listened to unwise and interested counsellors and
thrust herself prematurely into a conflict with the
whole united power of Germany ? Is it in human
nature that France would have contented herself with
looking on, or merely assist;ng Denmark by landing
troops on her territory ? Is it nor rattier certain that
she would have seized the opportunity to extend her
frontier to the Rhine, and repossess herself of what
she believes to be her natural boundary ? If this had
been the result of our interference, does any one
think that we should have interference to a good
purpose, or that things would be in a better state
then than they are now, when we have brought
about a proposal for an armistice without removing
any one of tee great European landmarks, or so far as
we know, laying the foundation of any future war ?
We have not yet a right to speak as persons re-
moved from the possibility of very serious peril; but
if we escape that peril it will mainly be because
Parliament and the country have had wisdom and
courage enough to disregard the taunts of the war
party and to persevere in the just path in which,
if we have found little to gratify the spirit of na-
tional vanity, we have obtained advantages more
durable and honour less likely to be tarnished. It
is something that, with a whole country delivered
over to the wildest passions, England has retained
her reason clear and her perception just, and that
by perseverance in good offices she has fairly worn
out the angry and unjust spirits with which sire
had to deal. It is something that those Powers
who but a little while ago refused to listen to our,
warnings, or, indeed, to accept our guarantee that
the Danish Monarchy would repeal the Constitution
of .November, should now of their own accord,
without having been able to possess themselves of
the island of Alien, or, indeed, of the whole main-
land of Schleswig, offer to enter into a Conference;
and something, also, that the tide of revolution,
which at one moment seemed rising so high in Ger-
many, has been stopped. There are many symp-
toms of a reaction from the exalted and exaggerated
sentiments which alone could gain, audience a few
weeks ago; the lesser Powers of Germany are awak-
ing to a sense of their own impotence when occupy-
ing a position of antagonism to the two greater
States, and the two greater States are beginning
to appreciate the perilous nature of the task they
have undertaken, and the impossibility of much
longer circumscribing the war within the narrow
limits within which for six weeks of winter it has
been found barely possible to confine it.
Post —lt is scarcely possible to exaggerate the
importance of the questions of international law
which have sprung from the present unhappy Ame-
rican contest. Amidst the difficulties and complica-
tions which have arisen the policrof the Government
of this country has been one of strict and impartial
neutrality, and that policy, being in accordance with
the duty and the interests of this country, can well
afford to stand the test of such angry but conflicting
critics as Mr. Roebuck and Mr. Bright. It appears
that the continued emigration from Ireland to the
Federal States has been associated in many minds
with a systematic plan on the part of the American
Government to enlist British subjects in a foreign
service, in violation not only of our territorial
sovereignty, but of that famous statute of the 59th
of George 111., the real effect of which, in the cases
of the Alexandra and the steam-rams, is still a matter
sub judice. On the one hand, it is said by Mr.
Roebuck that it is most unfair to remonstrate with
the Confederate Government for employing agents
in this country to purchase ships and machinery
whilst Federal agents are permitted with impunity
to forward to the Scene of war, not hundreds, but
thousands of Irish fighting men. On the other
hand, Mr. Bright, who sees everything through a
Northern medium, maintains that the exodus is
merely the result of an economic law which must
make every man prefer high wages and prosperity
abroad to poverty and misery at home. Now, in all
probability both these representations are partially
correct. We do not suppose that Federal agents in
Ireland are foolish enough to enlist men with the
express purpose of serving in the American army.
They are far too discreet. Mr, Caird mentioned a
case in which one of these agents publicly adver-
tised for a thousand young men to be employed on
an American railroad at 7s. a day, the directors
guaranteeing that, as payment would be made
in greenbacks, the cost of living to these men should
not exceed 12s. a week. Of course everybody knows
what the meaning of such an announcement is—an
attempt, by the promise of high pay, to induce a
thousand of her Majesty's subjects to become food
for powder in a quarrel with which they have no
concern. But Governments and Courts cannot act.
upon bare suspicion. There must be prima facie
evidence of an infrincrenornt of the Foreign. ;Enlist-
," „

ment Act before the alleged agent or his victims osn
be indicted for a misdemeanour. The difficulty 0f
obtaining this evidence was clearly pointed oat by,.
Lord Palmerston, who stated that the Government
had done all that it could do by having directed the
attention of the American Minister in this country
to the subject. Those persons who remember the
unfriendly spirit which the United States exhibited.
towards this country during the Crimean war will
not have forgotten that in 1855 the British Minis-
ter, Sir John Crampton, and one or two British
consuls were ordered out of the United States bee
cause a German, resident in Philadelphia, had, upon
his own authority and for his own profit, pretended
to enlist some few wretched Germans for the Br"
tish service. The Cabinet of Washington, without
waiting for a particle of legal evidence, broke Ott
diplomatic relations with this country, and thus
its perfect neutrality by an act of gratuit-
ore; insult to one belligerent. If, at the dictation
of Mr. Bright and Mr. Roebuck, the British G°'
vernment were to imitate the precedent eat by I‘l'
Filmore, Mr. Marcy, and General CASs in 18aoi
Federal and Confederate agents would forthwith
be ordered to depart the realm, the former on :915•
picion of enlisting Irishmen, and the latter for
equipping and fitting out ships of war to cruise
against a State with which this country is at peace'
Discussions of this kind in the House of Commons do
little good ; they not only tend to irritate both
parties in America, but they frequently throw grave,
impediments in the way of the Government and of
our tribunals. It is obvious that the provisions 01
the Foreign Enlistment Act are amply sufficient to
meet the case of recruiting in this country 14
American agents, however deficient they may be
with respect to the Alexandra and the steam rains'
The one thing necessary, however, is legal Prow,,
and we have no doubt that when this is obtained the
Government will set the law in motion against all
offenders, without regard to the sympathies orpre-
dilections of either Mr. Roebuck or Mr. Bright;
The case of the men supposed to have been enlisted
at Cork by the officers of the Federal cruiser Nei!"
sage will no doubt throw some light upon the so;
ject ; but still there may be no evidence to connect
the American Government, or any of its agents, 'NO
transactions of this kind. It may turn out that the
captain of a foreign ship, wanting men, thought
there was no harm in engaging a few needy Irish'
men as stokers and firemen, and it may also totli
out that the individuals who for the last two years
have regulated the tide of emigration from Ireland
to New York have reaped enormous profits by 5
simple percentage on the passage money paid by 113°
American Government, or by the emigrants 001:
selves. It is quite clear that, so long as the p?°'
Irishman has £lOO bounty awaiting him in America,
he will find his way to that favoured land without
considering the chances and hazards of a fierce War'
which will be protracted just so long as foreign we!:
cenaries choeSe to sell their lives and services to tii"
highest bidder. We might leave the matter here!
but last American mail brings intelligence of the fact
t a measure has been introduced into Congress
for the appointment of United States emigration
agents in the prircipal ports of Ireland and Ge.r;
many. These persons, it is understood, are to assist
emigrants either by advances of money or by Prat
viding ror them a free passage. Should the .11%
become law, these agents would be the avowed
officers of the United States Government, and, n 5
such, could not presume to exercise any functiouB;
diplomatic or commercial, without the sanction ();
her Majesty's Government. Tney must be eitheii
consuls or consular agents, and if, holding 5.11 c 1
office, they should infringe any of our munielt
laws, the American precedent of 1855 might he.e)
vantageously followed by their instant distataea
from this country. If the Government of Mr. Lin-
coln is so rich and so benevolent as to desire to prod
vide happy and prosperous homes for the Irish al)
German peasantry, we could not object to the Pr!,,
sence among us of the agents of such good work'
but if we find that the Irish peasant must he ,e 6
young and hearty man, and that Air. Lincoln
benevolence does not extend to the aged, or 0
females and children, suspicion will not unnatural!J
be excited, and then it will not be difficult to obtain
a
evidence which, upon legal as well as moral grounoP;
will make the Federal Government responsible
the acts of its agents.

COUNTRY MAR TS.

.I.

LYNN--.TUESDAY.
At to-day's market there was a fair attendance, with
average show of wheat, which brought about the prices
last week.
White wheat 44s to 4Gs / Barley .
14d.. 4os to 42s I Grinding • •
Beans .32s to 31s I Oats..
Small 343 to 36s I Peas 22309455: tottt
o: 511

HULL—TUESDAY.
'lOl
At to-day's market there was a fair supply of Botts 0
wheat, which farmers held firmly at last week's rates ;.g.
foreign there was still a slow trade doing. Both nisitid
lvio
and grinding barley neglected. Beans and peas solo
retail, but no lower in price. Oats more in request, P'll
better sold.
03
Wheat.... Old white per qr. • 42s Od to 445 „3
Old red
:,
New white .• ~
New red .... „
Barley.... English malting
• Grinding 4234 0781
ssss
0000
ddad
tttt
0000
4433
9',
5:
5::
v,6,
~t,,
iji
Saal and Oderbruck
300
ddd ttt
000
3. , 13:
oc ji
id
Holstein and Danish , 0
Grinding
Oats Fnglish, old
1
Archangel and Riga, per st osl2ld to 31c1
Friesland and Dutch osl3d to 05J. iid
Swedish and Danish osl2 04d to '5 3
Beans ....English, old, per qr 4os Od to 4i5510 0
New pigeon 42s Od to 415 od
New tic. 4os -0d to 05 6d
Egyptian 3os Od to 335 Od
Peas Foreign boilers ... 32s Od te 316 cd
Grinding
Tares .... Spring. —s Od to --s pd
Indian Corn
Linseed, feeding
crushing . 4os Od to 5.?.4 ;k 0
Linseed cakes (Hull) £9 10 0 to £9 I', 0
'I,
Foreign Bl5 oto 9 0
Rape cakes 5lO oto 0 0
Bones vi,"

MELTON MOWERAY—TUESDAY.
The following were the currencies :—New white sv-fie;
4Cs.Od to 45s Od; new red, 40s Od to 42s per 36 s!°:t,
beans, 37s to 40s for old ; new sorts, 34s to 37s
per 30 'for
barley, 33s to 368 for malting., and 29s to 31s per 41.• 04,9
grinding; new oats, 193 to 2330 d per 21 stone; old,
to 28s.

DAY.
A largo attendanceUßLlN—TUES. Very few tDransactions in wile9fie
Indian corn, flour, or oatmeal, but decidedly more is°',io
tion to purchase than for a few weeks past.

WHERE CAN WE MEET 'AFTER THE
PANTOMIMES ? My dear Fellow, Gentlemen sup
at EVANS', Covent-garden.

THE GENERAL C Itli)DIT AND FINANCE COMPANY
OF LONDON (Limited),
INVITE 9IIIISCRIPTIONS FOR THE
IRIRITISII COLUMBIA AND VANCOUVER
Iffi ISLAND INVESTMENT COMPANY (Limited).
Capital £500,000, with power to increase.
First Issue, £250,000, in 10,000 shares of £25 each.
Deposit on appli:ation, £1 per share. Payment on allot-
meat, £2.
It is expected that no more than £5 per share will be re-
quired to be called up ; sub equent calls, if any, w.ll not
exceed £2 per share, and will not be made at less intervals
than three months.

TRUSTEES.
Jervoise Smith, Esq. 1 Henry Kingscote, Esq.
DIRECTORS.

-----
James Anderson, Esq. (Messrs. Anderson, Thomson, and
Co.), Director of the Bank of British Columbia.
Jimes Caird, Esq., M.P.
George Campbell, Esq. (Messrs. H. N. Dickson, and Co., Lon-
don; and Dickson, Campbell, and Co., Victoria, Vancouver
Island).
Joseph Fry, Esq. (Messrs. Trueman and Fry), Director of
the Canada Agency Association.
T. W. L. Mackean, Esq., lhairman of the Bank of British
Columbia.
A'exander Morrison, Esq , Direltor of the Bank of Otago.
Prideaux Selby, Esq., Dif ector of the Vancouver Island Land
and Coal Alining Company.
BA.Nxtns IN LONDON,
Messrs. Smith, Payne, and Smith.
BARKEItS IN BRITISH COLUMBL4. AND VANCOUVBU

ISLAND.
The Bank of British Columbia.
SOLICITORS.
Messrs. Baxter, Rose, Norton, and Co.
AGENTS.
The General Credit and Finance Company of London
(Limited)
TEMPORARY OFFICES.
125, Gresham House, and at the Offices of the General Credi
and Finance Company, 7, Lothbury.
SECRETARY (pro tem.)—Mr. George Stephens.

la is i for the purp of g
tßritish o BritCompan Columbiaestabl andshed Vancouver Island principlesextendin of
business that have long since been adopted in other colonies
with very beneficial results both to the English capitalist
and the local property holder.
The Company will raise moneys on debentures on its own
credit, on terms prevalent in this market, and will apply the
nioneys so obtained to mortgage of real estate or other secu-
rities of a substantial and productive character in the two
colonies, at the much higher rates procurable there. When
it is mentioned that in British Columbia and Vancouver
Inland from 12 to 16 per cent. per annum is regarded as a
favourable rate of interest at which to b rrow money on un-
exceptionable securities, it wil at once be seen how consider-
able is the margin of profit that will arise to the Company
under thi. head.
Tne acquirement of property by purchase, to a limited ex-
tent, whether from the Government direct or fro m private
owners, will also, in cases presenting the prospcet of advan-
tageous and early resale, have attention from the Company_
It is considered that the Government of the two colonies may
be induced, in consideration of the encouragement which the
Company will have the opportunity of offering to immigra-
tion, to accord grants of land to the Company under regulatcd
cond Lions of settlement.
'The Company will also act as Agents in all matters of In-
'vestment and Finance as between the home capitalist .nd
the colonial property holder.
The Company's business in the colonies will be conducted
bbey specially se ected managers. The s curites selected will
subjected to the strictest examination both as to title and
Value.
'r he debenture holder, under this course of business, will
not only have the security of the subscribed capital, but also
the entire assets of the Company.
The prospects of the shareholders are beat exemplified by
the large returns on capital obtained by the shareholders of
similar institutions.
'The Company has taken powers which will enable it to
effect an union with any other Company having kindred ob-
jects in any or the iirtish North American colonies.
The Board of the Companyconsista of gentlemen who have
either applied the same principles of business to other colo-
nies, or who, from their connection with the North American
possessions, will be regarded as authorities upon the subject
of Colonial securities.
As fields for investment Bri'ish Columbia and Vancouver
Island may be said to be unsurpassed in advantages. The
rise and progress of these colonies have been most rapid ; the
Imports into the port of Victoria (Vancouver Island+ alone
during the six montns ending
.Tune, 1863, were 1,863,543
dols., being an excess over those of the first half of the pre-
puy of upwards of 160,, e 0 dots. The value of property
Vancouver Island has more than doubled during the last
three years. The aoricultural capacity of British Columbia
is now also fast attracting attention.
The Memorandum and Articles of Association can be in-
.tpected at the Offices of the Solicitors. Messrs. Baxter, Rose,
Norton, and Co., 6, Victoria-street, Westminster, or at the
Temporary °likes of the Company.

FORM OF APPLICATION FOR SHARES.
To the Directors of the British volumbia and Vancouver
• Island Investment Company (Limited).
Gentlemen,--Having paid to your Bankers the sum of
, I request you to allot me shares in the
British Columbia and ancouver Island Company (Limited),
and I hereby agree to become a member of the Company, and
to accept such shares, or any less number that may be allot-
ted to me ; members request yon to plaoe my name on the
register of in respect of the shares allotted me.
I ain, Gentlemen,
Tour obedient servant,
Name in fall
Address
Profession or Business ...
Usual signature
Application for Shares in Date
the above form may he addrestied to " The General Credit and Finance Company of London
(Limited)." No. 7, Lothburv, and the deposit must be paid
there or the Bankers, Messrs. Smith, Payne, and Smith. j