The Sun.
London, England, 1865-11-20 00:00:00

SPIRIT OF THE PUBLIC JOURNALS.

THE " SATURDAY REVIEW" ON SIR CHARLES
WOOD TO THE LORDS !—Should Mr. Bright ever
succeed in putting down the House of Lords he will
come to feel the want of it when he is summoned
by the voice of Salisbury Plain to be Prime Minis-
ter. Since Mr. Pitt struck out the idea of making
peerages do the work of all his abolished political
sinecures, the House of Lords has been to the House
of Commons a sort of blessed Elysian fields—a
purpureal region in which it is understood that the
shades of extinct ?louse of Commons heroes live
and are happy. Under the presidency of some de-
parted Chancery Minos, Greeks and Trojans move
about in those calm abodes either in generous friend-
ship cr at least in gentlemanly enmity, and converse
thinly and in disembodied whispers across a deserted
floor. It surely is not ungrateful to wish to see
others added to that serene retreat, where the
Premier himself,with much magnanimity, has gone
before. The boat that has ferried across not only
Lord Russell, but minor ghosts, such as Lord Llanover
and Lord Lyveden, appears to be stopping the way
assain, and silently askinglor more Whig passeagera.
We do not know what Sir George Grey feels, but
we can imagine that " brother spirits" seem almost
urging on Sir Charles Wood to " come away."
The murderers of the United Kingdom would sadly-
, miss Sir George, but who is there that would re-
gret Sir Charles Wood ? The loss of his Halifax
seat is, at all events, an omen. It is both natural
and laudable that he should still hold on to the lower
existence of the House of Commons, for the sake of
India. Accepting a coronet would, in his eyes, be
equivalent to trifling with the fate of half a hemi-
sphere. It must, on the other hand, be recollected
that Providence, when one great man is taken, pro-
vides another in his place. Sir Charles Wood has-
long succeeded to the honours, if not to the reputa-
tion, of Mr. Vernon Smith ; and India, which has
survived the political disease of the latter, might in
time learn to acquiesce is the apotheosis of Sir
Charles. As far as debating power goes the Trea-
t sury Benches, of course, would miss something, and
it is easy to calculate what they would miss. They
would lose one annual speech upon India, which
would be effective and interesting if Heaven had
not conferred on Sir Charles an almost super-
human capacity for being inaudible, and if
it were not apparently the inscrutable will
of destiny that on each annual return of his one
speech-day he should be afflicted with an annual
cold in the head. The Home of Lords is the very
place for a statesman who is beset with this myste-
rious dispensation. It is thoroughly well-aired, and
no one minds whether a speaker is audible or not.
Perhaps it is even more graceful and more becoming
to be inaudible. Even Mr. Grant Duff will not be
unfeeling enough to object to Sir Charles's indis-
tinctness in debate, if Sir Charles has once migrated
to join the glorious comrany of glorified Whig
peers. While Lord Lyveden and Lord Llanover
are occupied in pouring out nectar for the new
comer, Lord Russell will be able to dispose of any
posts which may be thus vacated, with advantage to
the public service and to his own Ministry. More
than one scat in the Cabinet alight easily be filled
from among available and unattached politicians in
the House of Commons. Lord Stanley's re-
fusal to occupy a place, which lie might ac-
cept without inconsistency or indecorum, would
be understood, though it would be regretted,
by the general public. But if Lord Russell
has the courage to neglect the traditions of
clique, and to take good men where he can find
them, he can hardly be at a loss where to turn for
able auxiliaries in debate. Mr. Lowe and Mr.
Horsman have, as independent members, pledged
themselves to a somewhat Conservative line of
action and of thought ; and Mr. Horst-nap has once
in his life committed the clumsy sin of personal in-
gratitude to the brother of the Duke of Bedford.
As subordinates of a Liberal eremier, both might
be willing to make their peace with the party which
they have offended if not deserted ; and it may
not be impossible to frame a many-sided Reform
Bill to which the opponents of Mr. Baines' naked
measure might not on principle object. Mr.
Goschen's commercial position as first member
for the City, his acknowledged genius in finance,
and the aptitude he has shown for Parlia-
mentary debate, raise him above the usual
level of young members, and would render him
a valuable accession of strength to the new
Ministry. Anything less than a seat in the Cabi-
net it would probably be idle to offer him, while his
nomination to an office of real power would be ac-
ceptable both to commercial circles and to the Libe-
ral party. Mr. Forster enjoys the advantage, or
disadvantage, of being connected with the section of
advanced Liberals whom it is scarcely expedient
that Lord Russell should altogether neglect. It is,
moreover, desirable that the gulf of personal preju-
dice which the late Premier was not unwilling to see
between the two Liberal sectionsshould be narrowed,
and not widened ; and perhaps a more respectable
bridge could not be found than in the person of the-
member for Bradford. Of Mr. Stansfeld's claims it
is needless to speak. Rusticated, so to speak, for a
term from office, he has by this time expiated suffi-
ciently the serious but not unpardonable crime of a
gross personal indiscretion. These names occur imme-
diately to every one who casts his eyes on the Liberal
host ; and there are doubtless others. While such
men are outside the Cabinet, we are justified in
asking who and what manner of men are in it ; and
whether nothing can be done, by the means of a
stray peerage or two, to clear the way. At the pre-
sent moment it is not so much the Liberal party that
is on its trial as Lord Russl). His failure to con-
struct a powerlul Cabinet may or may not be visited
upon his party, but it will be certainly visited on
his own head. He has an opportunity, and it re-
mains to be seen how he will use it. Mere party
considerations will always occupy the first place in
the minds of enthusiasts or partisans ; but, apart
from questions of party, it is obviously desirable
that Prime Ministers should be taught to build their
Cabinets, whatever the shape and colour, of the best
bricks within their reach. So experienced a Cabinet-
maker as Lord Russell is perfectly aware that better
bricks than some that lie has got at present are in
the market. If Sir Charles Wood, Sir George Grey,
and others stop the path, all that we can say is, To
the House of Lords with the obstructives.
THE " SPECTATOR" ON THE JAMAICA INSURREC-
TION AND ITS SCPPRESSION.—The rebellion in
Jamaica, and its bloody suppression, at the cost of
200, or as some reports say, near 400 lives, some
of them women's, taken with no further security for
justice than court-martial trials—which practically
mean of course. trials without any defence for the
criminal—must at least produce that thorough in-
vestigation of our system of government in Jamaica
odt
io
sttvohhleeicrhaote wouldu have been deferred for years but for
such an outbreak. Had the Fenian outbreak really
occurred in Ireland, England would scarcely have
nrtehahek usnduimlrameddasrybeegif prisonersnutinictiono f capitaltho
upunish-
ment
Conviction before a criminal tribunal, even if
Fseniwanere with atrocities such
a
contshprieraattoenrse,derinenethheas lheattveersappoafrentthlye
been inflicted on some of the upper classes

of Jamaica. In the present state of our know-
ledge of what has actually occurred, it would almost
seem that there have been ten times as many execu-
tions of rebels as crimes of personal violence com-
mitted by them. That of course may be a false
inference, due to the insufficiency of our news, and
there may be excuses for violent measures of re-
pression, which in Ireland we should not have, in
the small force at the disposal of the Governor when
the outbreak first occurred. But whatever the truth
may be, a rebellion which has provoked—and still
more, if it were possible to speak of it as a rebellion,
which has justified—the summary execution of hun-
dreds of her Majesty's subjects, in an island whose
whole population is not larger than that of a first-
class manufacturing town, and this when the rebel-
lion did not to all appearance even touch more than
a tenth part of the population, cannot, after its sup-
pression, be passed by without searching inquiry
into causes and remedies. What has happened in
Jamaica is probably equivalent to the reckless
shooting or hanging by court-martial of upwards of
200, perhaps nearly 400, persons for insurrection
in a population not larger than that of Derby,—for
it is pretty clear that the rebellion had not extended
to the west of Kingston, and has not affected any-
thing like the whole population to the east of it.
Some of the despatches of the officers charged with
the suppression of the rebellion have, too, been
written in a tone of vindictive and vulgar
triumph over their bloody measures. Colonel J.
Francis Hobb, of the 6th Royals, writes in a style
which, if it had been adopted by a Northern
General in the late war, would have been held up
to pudic loathing. Thus :—" I have Paul Bogle's
valet for my guide, a little fellow of extraordinary
intelligence. A light rope tied to the stirrups, and
a revolver now and then to his head, cause us
thoroughly to understand each other ; and he knows
every single rebel in the island by name and face,
and has just been selecting the captains, colonels,
and secretaries out of an immense gang of prisoners
just come in here, whom I shall have shot to-mor-
row morning." Now either these bloody measures
were due to a comparatively legitimate panic in
which case the danger must have been fearful, and
the rebellion therefore one exciting universal enthu-
siasm among the black population, and then, we
thick, it will be pretty clear that the system of
government must be both improved and strength-
ened ; or, as is pretty clear, they were beyond what
the circumstances justified, and taken in the violent
passion of caste-hatred and revenge for the outrages
committed by the negroes, and in that case there
can be little doubt that justice demands a tho-
rough investigation.

THE " ANGLO-AMERICAN TIMES" ON CAPTAIN
WADDELL'S WORK IN THE PACIFIC.—In the let-
ter of Captain WADDELL tO Earl RUSSELL he
states that he received for the first time the
news of the series of reverses which had befallen
the Confederate Government on the 2d August
last, on communicating at sea with the British
barque Barracouta, of Liverpool, 14 days from San
Francisco. He invites Earl RUSSELL to " imagine
his surprise " at the receipt of such intelligence,
and says that he then immediately ceased from
further acts of war, and determined to suspend
further action until he had communicated with an
English port to learn if the intelligence was true.
Now we learn from San Francisco that the whale-
ship Ontario had arrived at that port from the Arc-
tic Ocean, with dates from the whaling fleet up to
September 28th. The captain and officers of the
Ontario state that Captain WADDELL was met on
the 28th June and informed that the war was closed,
and several captains showed him newspapers con-
taining the particulars of LEE'S surrender and the
downfall of the Confederacy. And yet, from
WADDELL'S own admission in his letter to Earl
RUSSELL, he only ceased from acts of war on Au-
gust 2nd, more than five weeks after the date on
which he read in the newspapers of the collapse of
the rebellion. What was he during this interval,
if not a pirate ? We learn from the New Bedford
Standard that the loss to New Bedford by the
depredations of the Shenandoah is very large. If
no other vessels were destroyed except those
already reported, the premiums paid by the New
Bedford owners to New York and Boston
insurance offices amount to more than the losses.
We have no desire to criticise the action of the
British Government in ordering the release of Cap-
tain WADDELL and the crew of the Shenandoah.
It is more than probable that communications
passed between the Government and Mr. ADAMS
before that step was taken, for it is incredible that
Earl RUSSELL would have permitted these pirates
to escape without communicating with the Ameri-
can Minister. 'The fact of Captain WADDELL'S
discharge should not by any means be construed
into an endorsement of, or even an excuse for, his
piratical work. The truth is, there is no disposition
on the part of the United States Government to
pursue the late rebels with rigour, however unques-
ti'mable the7r acts of rebellion. The work of the
United States is now a work of conciliation and
peace ; and however much we may condemn the
illegal and high-handed outrages perpetrated by
Captain WADDELL, he is entirely too small game
to merit the attention of Americans. If the Federal
Government, having vindicated its authority and
re-established peace, can afford to throw the mantle
of obliv:on over the acts of such an arch-rebel as
DAvis, which is now extremely probable, it would
be inconsistent with its dignity and power to pursue
a miserable outcast like WADDELL, who has no
home and no country, and whose acts of war
against the American Government were as con-
temptible as they were criminal.

LADY GAMBLERS IN NEW YORK.—In one of my
recent letters I Spoke of. gambling as ono of the vices of
our fashionable women, and I have, since learned that it
is practised in certain modish quarters far more than I
had supposed. In Fifth Avenue and Fourteenth and
Twenty-third-streets there are often parties of ladies from
which the opposite sex are sternly excluded, whore the
fair gamesters play until daylight for' large stakes ; and
it not unfrequently happens that when their purses are
depleted, they put up their bracelets, necklaces, and watches
as wagers. Some of the feminine gamesters lose heavily,
and their desperate shifts—no allusion to their wardrobe—
to which they are put to conceal their losses and replace
them, must be fearfully demoralizing. A young woman,
the daughter of one of our most opulent citizens, was
pointed out to mo in the Park, as a notorious gambler,
by one of her own sex, who informed me that she bad
parted with nearly $lOO,OOO since she went to Saratoga,
in July, and made her doting papa believe she had ex-
pended the sum in dress and charity. The young woman
in question is very pretty, not more than twenty ; and
no one regarding her pale, spirituelle face, her soft blue
eyes, and gentle and reserved manner, would imagine
she had fallen a victim to one of the most dangerous of
vices.— New York Correspondent of Cincianati Gazette.
RICHMOND.--This city, which suffered so severely
by fire at the time of its evacuation by the Confederate
troops, seems, like the Phoenix, to be rising from its ashes
brighter and more splendid than before; at least such is
the inference whi_ch we draw from the following article cut
from the Richmond Times :—" The extraordinary activity,
animation, and industry now visible in every part of the
' burnt district' is most gratifying to contemplate. When
the disconsolate citizens of Richmond first gazed upon that
wide expanse of tottering walls, smoking ruins, and gaunt
ghostly chimneys, their hearts sunk within them, and they
said, 'Richmond can never be rebuilt.' When a few enter-
prising real estate owners, two weeks after the great fire,
plucked up a little courage and went to work erecting rude
huts and shanties of wood and canvass for the sutlers, the
opinion was prevalent that in twenty years Richmond
would arise from the debris and ashes of the great confla-
gration, but after a most grotesque and hideous fashion. A
few months afterward, when a considerable number of
plain brick buildings were commenced, men became more
hopeful, and only a decade was regarded as necessary for
the work of architectural reconstruction. Fear of confis-
cation, uncertainty as to the President's policy, dread of
the Radicals, and the intense heat of last summer also
interfered materially with the work of improvement in the
burnt district. Within the last two weeks the work has
commenced with a vengeance. No city after a disastrous
fire ever gave signs of greater enterprise than Richmond
does to-day. We hear the opinion everywhere expressed
that the whole of Main-street will be rebuilt in loss than
twelve monthq. There now seems to be scarcely a lot
where workmen are not swarming like bees, digging new
cellars, cleaning bricks, removing rubbish, laying founda-
tions, running up walks, doing the wood work, and roofing,
lathing, plastering, and completing the work of the more
advanced buildings. Many 01 the new buildings, it is now
evident, will be larger than any which were destroyed by
fire. .Iron, brownstone, marble and granite will enter
largely in the adornment of many of these palatial stores
and warehouses.

BREAKFAST BEVERAGE. —llomocopthic practaionvs, and
the mediae prof estion generany, recommend cocoa as be ng
t!.e meat healthful of all beverages. When the doctrine of
homoeopathy was first introduce I into this country, there
were to be obtained no preparations of cocoa either attrac-
tive to the taste or accepta le to the stomach ; the nut was
either eup2lied in the crude state, or so unskilfully manu-
factured as to obtain little notice. J. Epps, of London,
homoeopathic chemist, was induced in the year 1839 to turn
hit attention to this subje.t, and at length suo:ceded, with
the a. sistance of elaborate machinery, in being the first to
proluce an article pure in its composition, aid so refined by
the pert et trituration it le:elves in the process it passei
through, as to be most acceptable to the delicate ftomach.
For general use Ens' cocoa is distlirtnished as an invigo-
rating, grateful breakfast beverage, with a delicious aroma
Dr. Hassan in his work. "Food and its Adulteraticns,"
says—" Cocoa contains a great variety of important nutritive
principles; every ingredient necessary to the growth and
sustenance of the body." Again, "As a nutritive, cocoa
stands very much higher than either coffee or tea." Direc-
tions : —Two teaspoonfuls of the powder in a breakfast clip,
filled up with boiling water or milk. Secured in tin-lined
Fib , and lib. labelled packets, and sold at is. 6d. per
lb. by grocers, confectioners, and chemists.

Official Statement of the American National

Debt.

Secretary M'Culloch has promulgated the state-
ment of the public debt as it appears from the books of the
treasurer's return and requisitions of the department on
the 31st of October, 1865. Tho recapitulation shows the
following :—Debt bearing interest in coin, $1,161,137,691
80c. ; debt bearing interest inlawful money, $1,191,819,787
46c. ; debt on which interest has ceased, $1,373,920 09c. ;
debt bearing no interest, $386,523,359 51c. ; total amount
outstanding, $2,;10,854,158 86c. ; total interest is
$138,931,078 59c., of which $167,670,340 50c. is coin and
$71,267,738 90c. is in lawful money.
The legal tender notes in circulation are as follows :
One and Two Years Five per Cents., $32,536,901 ; United
States notes (old issue), $427,768,469 ; Compound Interest
notes, $173,012,141. Total, $633,709,581.
The following is the amount in the Treasury :—ln coin,
$34,554,987 15c.; in currency, $33,800,591 54c.—total,
$68,355,578 69c. Fractional currency in hand, $260,574
69c.

A contrast of the October satement, compared with that
for September, shows a reduction of the public debt of
$4,100,000, also a reduction of legal tenders of over
$4,400,000.

In the October statement there is also a new feature—
namely, the amount outstanding in Five-Twenty Bonds
exchanges under the Act of March 3, 1865, nearly
$4,500,000. These are payable after five and redeelnable
in twenty years from November 1, 1865, at 6 per cent. in-
terest in coin. The temporary loan, at 4 per cent., is
$612,728; at 5 per cent., $31,309,710; and at 6 par cent.,
$67,185,306; certificates of indebtedness, bearing 6 per
cent. interest, $55,905,000.

INTERNAL REVENUE RECEIPTS.
The receipts from internal revenue, on the 30th
October, amounted to $1,500,000. The total receipt of in-
ternal revenue for the quarter ending September 30 is re -
tured at $748,117,000.

It is estimated at the Treasury Department that
if the War Department succeeds in placing its estimates
proportionately low with those of the Navy Department
for the next fiscal year, the er.tire expanse of the Govern-
ment for 1866 will be about $100,000,000, exclusive of in-
terest on tho public debt, which is now $165,000,000. It
is asserted that the internal revenue will meet the total
sum of expenditure, to say nothing of the revenue to be
derived from Customs.

A Washington telegram to the Boston Journal
says that the next monthly statement of the public debt
will show a reduction of the principal.

The deliveries of gold from California at New
York, since January 1, are :7_

January 52,047.347 f Juno 5750,465
February 896,082 1 July 1,082,804
March 1,673,444 August 1,681,2e6
April 2,307,024 September 2,027,144
May 1,257,631 October 2,478,087

Total to date $16,209,284
Against deliveries to date, 1864 9,861,010

Increase since January 1 $6,348,224
The following are the Customs received in gold,
and gold interest paid out at the New York Office of the
United States Treasury, since Jan. 1, 1865 : _ _ _

Customs Received.
January 54,276,399
February 4,823,2 14
March

Apr:l
May
June 7,887,554

Gold Interest Paid
January 52,449,290
February 913,429
March

April ,163,187
May 10,292,800
June 1 066 274

. ,
July 9,908,190
August 13,190,400
September 13,037,062
Oct. 7
Oct. 14 1,991,739
Oct. 21 2,591,580
Oct. 28 1,933,672

Total $83,390,517

July 5,714,367
August 454,575
September
Oct. 7
Oct. 14
Oct. 21
Oct. 28 • 2,478,838

Total $31,473,604

The Exports of Specie from New York since
Jan. 1 are :—January, $3,184,853 ; February, $1,023,201 ;
March, $381,913 ; April, 961,026 ; May, $7,255,071; June,
$5,109,172 ; July, $723,986 ; August, $1,554,398 ; Sept. 9,
$512,335; Sept. IG, $358,356; Sept. 23,5616,012; Sept. 30,
$917,971 ; Oct. 7, $316,092 ; Oct. 14, $812,120 ; Oct. 21,
$119,229 ; Oct. 28, 8630,914 ; total to date, $25,196,919 ;
against same time, 1864, $37,174,094 ; Decrease since
Jan. 1, $11,977,145.

The Import entries of Foreign Merchandise at
New York since the Ist of January aro officially (to Ist
September) and semi-officially (since) reported, as fol-
lows—the small entries of Foreign Specie being omitted :
January $10,557,849 Sept. 9 $4,138,006
February
March
April 13,937,972 Sept. 30
May 12,699,024 Oct. 7
Juno
July
August 24,293,538 Oct. 28 5,023,370

Total to (Lee
Against same time 1361

1••• 5168,599,177
2j1,793,861

Decrease since Jan. 1— 533,251,387

The Exports of Domestic Produce and Miscel-
laneous Goods, including Foreign articles re-exported
since Jan. 1, are:—
January 51(,581,598 •
February
March
Apr:l 7,711,618
May
June
-
Jo!),
August

Sept. 6 59,323,860
Sept. 13
Sopt. 20
Sept. 27
Oct. 4
Oct. 11 4,160,090
Oct. 18 3,402,121
Oct. 23 5,023,370

Totul to date 5126,362,880
Against sAne time 1861

Decrease since Jan 1 560,623,933

AMERICAN NATIONAL CURRENCY.

During the week ending Saturday, October 28,
$2,954,575 in national currency was issued by the Treasury
Department of the United States. The total issue up to
that date was $203,877,355.

Value of American Securities.

--.-....--_..-

A correspondent of the Anglo-American Times writes :
—I am no stock-jobber, but I am fond of comparing
the relative values of the stocks dealt in on the London
Stock Exchange. I desire in this article to give a few
facts and figurei concerning the three American securities
now dealt in here, viz., United States 5-20 Bonds, Elie
and Illinois Central Railways. The 5-20 Bonds are now
quoted at 64, or 36 per cent. discount. These bonds pay
six per cent. interest on their par value in gold. They
were issued in 1862, and are payable at the option of the
Government in five or twenty years from date. And as
the United States have commenced to pay off their debt
already, from the large revenue receipts—which according
to the Times correspondent will exceed the expenses of
the Government $250,000,000 the present fiscal year—it
is reasonable to suppose that a portion of the bonds at
least (there are but $600,000,000 5.20 Bonds in all) will
bo paid in 1867. So that at the present price they pay
84 per cent. interest, and will pay to the holder 36 per cent.
premium besides, when they ars paid off at par, as in my
judgmatt many of them will be in less than two years
from this time. The 5-20 Bonds, compared with English
Consols, are selling for 25 per cent. less than Consols,
while they pay double the interest. And are they less safe
than Consols? Sir M. Peto, who has just returned from
America, says, "Any man who doubts the ability of
America to pay all her obligations deserves contempt for
his ignorance." Indeed, the national debt is but two
thirds as large as England, while the revenue receipts at
the present time are quite double those of this country.
But how stands these securities compared with those of
other countries ? Australian Victoria, though her Legis-
lature is at a dead-lock, and has been for months, and her
imports and exports actually decreasing, still sells her 6
per Cent. Bonds in London for 108, or 44 per cent. higher
than the 5-205.; and Canada, whose finances are in a bad
way, sells her 5 per Cent. Bonds for 20 per cent. more than
the United States 6 per Cents. Brazil, now at war with two
other nations, gets 774 per cent. on her 5 per Cent. Bonds
—arid Russian 3 per Cents. are nearly as high as the United
States 6 per Cents. But it is useless to continue the com-
parison. What puzzles me—being an outsider—is this—
Why do the keen London capitalists invest in the bonds
of those nations which every year have to contract new
loans to save them from bankruptcy, instead of buying
the securities which are so much lower, and which repre-
sent the credit of a nation whose financial position is
the admiration of all Europe at the present time ?
The Erie Railway, with all its branches, is nearly 800
miles in length. Its earnings are about double what they
were three years ago. For the month of October this year
they
,were about $1,900,000, showing an increase of
$700,000 over the same month last year. The road from
its position cannot fail to bo the great leading railway of
the United States. Leading out of Now York it is the
most direct line to the great West. The only difficulty is
that the Erie has not the capacity to do the business
offered. Their depilts are often blocked up for weeks with
freight they are unable to convey. The Erie has paid 3 per
cent. dividends regularly for the last three years ; and
though the earnings have increased greatly within that
time (they are nearly $2,000,000 this year in excess of
last), the directors have wisely devoted all the surplus to
improving the road, building new carriages, engines,
freight-houses, &c. The Erie is earning at the present time
about the same amount of money per week as the London
and North Western; yet the last-named cost just five
times as much as the Erie. Price of Erie Stock, 54 ;
London and North-Western, 124. Comment is unneccs-

nary.
The Illinois Central is well known in Eagland. It is
the back-bone of the young but vigorous State of Illinois,
running from Chicago right through the centre of the
State to Cairo, on the Mississippi. It has over one million
acres of land yet unsold, besides real estate in nearly every
village through which it passes. Its mortgages on land
sold, and partially paid for, exceed $9,000,000. The road
originally cost $33,000,000. I estimate that the land un-
sold, together with the mortgages, will balance the cost
of the line, leaving the road without a dollar in debt, and
its present value, as a railroad, clear net profit to the share-

holders. Tho Central irtys dividends of ten per cent. per
annum regularly, in paper, which is about 7 per cent. in
gold; last year it paid an extra dividend of 10 per cent.
in stock ; present price in London 82.

Railroads, in my judgment, are yet in their infancy in
the United States. Their future value will depend ent!rely
on their capacity to carry the passengers and freight. The
country is filling up and growing so rapidly that new
roads will most likely have to be built soon to ac-
commodate the people. Emigration is flowing into New
York at the average rate of 1,000 per day at the present
time ; they are immediately_ sent off South and West, and
soon we shall hear from them in the increased quantities
of cotton and grain that will be sent over the roads leading
to the great sea-board cities. In view of the facts I have
stated, I do not doubt that capital invested in the three
securities I have mentioned will be highly remunerative,
and that they w:11 increase in value, "growing with the
growth and strengthening with the sirength" of that
great country "over the sea." Very respectfully,
London, Nov. 15, 1863. UNION.

Opening of National Museums, &c , on
Sundays•

DEPUTATION TO EARL GRANVILLE.

On Saturday a joint deputation of delegates of the
Trades Association of London, also a deputation ap-
pointed at a public meetinn held on Tue3day last at
Cambridge Hall, waited upon Earl Granville, by
appointment, at his private residence, to present a
memorial from the representatives of the working
men of London, respectfully protesting against the
removal of the cartoons of Raphael from Hampton
Court (where they were visible to the public on
Sundays) to South Kensington Museum, where they
are not to be seen by working men on the only day
when they can examine them by daylight.
Mr. Morrell and Mr. J. B. Langley introduced
the deputation, and explained its object.
In the course of conversation,
Mr. J. B. Langley adverted to the fact that many
publicans had found it to their advantage to establish
museums on their premises, which were densely
crowded on Sunday evening. By some statistics
published in the Nonconformist, it would appear
that there was only accommodation in the churches
and chapels of the metropolis for 75 per cent. of
those who might reasonably be supposed to go to
them. With only one or two exceptions the churches
and chapels were not crowded, and hence it was a
fair inference that only one• half of the adult popu-
lation went to any place of worship.

Mr. Morrell instanced the Botanical Gardens in
Dublin, which, he said, were open on Sundays, and
thus rendered the question one of mere local im-
portance instead of a national one.
Earl Granville said that arose from the fact that
public opinion was more generally and definitely
expressed in Dublin upon the question than in
London.

After some further observations by Mr. MicheEon
and others,
Earl Granville entered into a conversation, dur-
ing which he said that whilst his own views coin-
cided with those expressed by the deputation upon
the general questions, it was impossible for the Go-
vernment to act without considering the wishes of
the House of Commons, and he would like to take
a few days before giving any definite reply. His
lordship also expressed his pleasure that the deputa-
tion had waited upon him.
Mr. Morrell then thanked his lordship for his
courtesy and the attention with which he had
listened to the arguments of the deputation for up-
wards of an hour ; and his lordship having replied,
the deputation withdrew.

COUNTRY MARKETS.

LEICESTER-SATURDAY.

Our corn market to-day was sparingly supplied with
wheat, and rates were in favour of the buyer. Barley was
by no means brisk, and a slight decline for secondary sorts.
Oats active at rather more money. Beans unaltered.

Old white wheat, 53s to 57s ; old red, 48s to 52s ; now
white, 52s to 55s ; new red, 44s to 49s per 36 stone. Bar-
ley, malting, 31s to 35s per qr. ; grinding, 26s to 30s per 30
stone. Oats, old, 28s to 30s ; new, 20s to 24s per 21 stone.
Beans, old, 483 to 50s ; new, 40s to 42s per 38 stone.