The Sun.
London, England, 1865-07-04 00:00:00

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HIGH WATER AT LONDON BRIDGE.

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LONDON, TUESDAY, JULY 4, 1865.

It often occurs that when people fancy every-
thing is going on quietly that all of a sudden some
adverse event occurs. So it has with the present
Government. Last night they sustained a defeat
as Etter and complete as ever fell to the lot of public
men. Seldom, indeed, has a Ministry encountered
such a slur of the eve of a dissolution. The scan-
dals connected with the Lord Chancellor have been,
indeed, their stumbling. block through the session,
but they have been buoyed up with the hope, illu-
sory as it has turned out, and confident in the ex-
pectation that they would extricate themselves from
the difficulty. It is a long lane that has no turn-
ing, and this has been proved in the over-
whelming censure which the House of Com-
mons last night passed upon Whig policy,
with its trickery and deceit, its place-seeking and
place-keeping propensities, deaf to the voice of rea-
son, the claims of honour, and the calls of justice.
With respect to the affair of the Lord Chan-
cellor, we have hitherto abstained, from motives of
delicacy, from making any remarks thereon ; but
now that the decision of the House of Commons has
set its seal upon his fate, we may comment upon it
as a singular event, which has filled the mind of
the nation at large with perplexity and dismay, and
formed an era in Parliamentary history which will
not soon be forgotten. Nothing that can be said
against the conduct of the Chancellor in trans-
acting the duties of his high office with integ-
rity and scrupulosity as regards appointments
will sound exaggerated after what was uttered in
last night's debate. His lordship was exonerated
from mere personal charges, but he was pronounced
wanting in the highest requirements of his high
position. The manner in which his defence was
conducted, and the style in which the House re-
ceived these apologies were indeed most significant,
and can leave but one impression upon the minds of
the community. Such a scene has not been wit-
nessed in the House since the famous debate upon
the Conspiracy Bill, but that was a matter which
involved political subjects, not a question of per-
sonal fitness for holding an office of State. The
friends and •well-wishers to the Chancellor must
regret that he did not resign before things were
brought to such a pass. It would have saved him
the lasting stigma of a vote of censure from the
House, and have spared his colleagues the disgrace
which has fallen upon them. If report speak true,
and the noble and learned lord placed his resigna-
tion irt the handy oL the premier 50D20 time back,

Lord PALMERSTON showed the inherent weakness
of his cause by addressing himself to the abilities of
the Chancellor last night. No one questioned
them ; they are patent to the world. It was his
conscientiousness that was on its trial. When the
noble lord declared that whatever was the opinion
of the house with regard to his tenure of office, the
improvements which he had made " would render
his name illustrious among those of the great re-
formers of the law in this country," he was very
properly met with cries of " oh, oh," and
" question !" In the high and responsible
office of the Lord High Chancellor of
England we want an upright judge, and a
scrupulously conscientious dispenser of patronage,
more than we require an able lawyer, or a skilled
advocate. Lord WESTBURY was famous for his
hastiness in hearing cases, and it is impossible to
overrate the injustice which thus takes place.
Doubtless his name was against him ;
he thought himself above censure and beyond
criticism. The world can never know the evils
that are wrought by want of consideration in a
judge, their extent and magnitude arc hidden away
in the whirl of the busy scenes of life ; but all can
appreciate the harm that arises from public offices
of trust being bestowed upon unworthy persons,
and then these persons being rewarded for their
demerits by a pension.

Mr. BOUVERIE made an excellent speech, in
which he stigmatised the course of corruption that
had gone on, and particularised the transactions be-
tween Mr. BETHELL and Mr. WELCH. " What
honest or honourable man " he asked, with justice,
could have reason to believe that his own character
and services would obtain him office ? The hon.
member appropriately quoted the lines of an English
satirist, in a period of notorious corruption—

" When men liko these, the patriot cries,
To honours and employment rise,
Take no favour, seek no place,
For such employment is disgrace."

Nothing could have expressed the mean-
ing of the affair better than these lines,
and their quotation reflected great credit
on Mr. BOUVERIE'S powers of discernment.
The Attorney-General's speech was a decided failure;
he was interrupted over and over again by, laughter
and cries of " Oh, oh," which, of course, militated
against his efforts and completely destroyed the
effect of his oration. Of course it is not fair to give
Lord WESTBURY the blame of all that has transpired
of an unworthy nature during the searching investi-
gations that have taken place. No doubt he did not
know of all that went on, but then he ought to have
done so ; no doubt many unsuitable appointments
were made by his predecessors, and some doubtful
occurences took place ; but what he is accused of,
and has been pronounced guilty by the House of
Commons, is of " laxity of practice, and a want of
caution with regard to the public interests,
which are calculated to bring discredit on the ad-
ministration of his great office." The cheering,
which was loud and prolonged, on the announce-
ment of the numbers, was renewed again and again
at every opportunity, and unmistakably revealed
the feelings of the House.

Mr. DISRAELI displayed great judgment in op-
posing Lord PALMERSTON'S wish to aljourn the
debate, " whether to the next Parliament or not,
he could not say," and the result of the division
fully justified his opinion. Now or never should be
the motto in such cases ; if delays are interposed no
one can tell the consequences that may ensue from
them. There can be but one opinion as to the cause
which the Chancellor and the Ministry must
pursue. The time for political considerations
has gone by, and as men of honour and con-
stitutional servants of the Crown, they can
do neither more nor less than submit to
the verdict of the House. That verdict will be
ratified through the length and breadth of the land,
and wherever the subjects of the QUEEN are scat-
tered in distant lands and across mighty oceans
they will rejoice that the English Parliament, in its
expiring hour, has rendered good service
to the cause of honour and faith among
public men. This Parliament has not done much
to be proud of : it has missed opportunities and
wasted time, but at its eleventh hour it has
so far redeemed its character in vindicating
the majesty of the law in England, and recording
its opinion that the highest attainments do not
suffice to the holding of a great office without a
name and a reputation above the touch of scandal
and beyond the shadow of reproach. With such
an account of its last work the house may meet the
country without fear, for its members have recog-
nised a truth ever dear to Englishmen, who have
always beaded that their men were more

Lord PALMERSTON did not show his usual I tonoured for their personaal attributes than their
tact in refusing to accept it. It is one thing to political attainments or their official services.
stand by a friend in trouble or a colleague unfairlr
accused, and another to persist in opposition to the.
declared sentiments and expressed wishes of the,
House, and also of the country at large. The temper:
of the members was unmistakeably show a
last night, and the great excitement that prevailed
most surely evinced the impatience with which the
corrupt mode of Chancery dealings was regarded
by the assembly.
A solemn warning may be taken from the issue
of the debate. Does it not show that the highest
talents, and the most profound experience, the most
brilliant achievements, and the finest opportunities
are as nought unless they are sustained by character.
When the French Monarch wrote back tidings of
defeat and disaster, he was enabled to add that he
preserved one thing, which took from losses and
trials their sting and victory—his honour remained.
In comparison with this priceless possession, how
vain is the greatness of a man's belongings, how
trifling the distinctions of fame, the allurements
of wealth, and the enchantments of office.
They may be all here to-day, and gone to-morrow,
but it remains with a man himself if his character
suffers. In a public and official sense the principle
is the same, no mistakes can suffice to create a
feeling of distrust, and inaliility to perform impor-
tant duties cannot expose an official to more than
temporary abuse. But, when it is ascertained
beyond the shadow of a doubt that the conduct of
a man in the highest position under the Sovereign
is open to grave suspicion, that cases of unfair and
corrupt practices have been proved, which should
have come under his cognisance if they did not, and
for the consequences of which he is responsible,
it is certain that but one course remains for
the country to insist r-)on, but one line of action
which the representatives of the people of England
are bound in honour and honesty to take, and that
is to censure strongly and decidedly the mode prac-
tised. It is an idle excuse for the partisans of
Ministers to say that such things always take place,
because this is a particular and notorious instance
of patronage misapplied, and pensions perverted to
improper uses. A pension is the sum which is be-
stowed upon a deserving individual, who is incapa-
citated from over work or illness from the continu-
ance of his duties. To smuggle over difficulties, to
shirk defalcations, and to stifle inquiry, by insisting
on resignations followed by pensions, is a course of
proceeding, which can call for nothing but contempt,
and must meet with the indignation of all upright
persons, no matter to what class or station they
belong.

Mae speech-day at Wellington College is some-
:thing more than an ordinary school examination.
•it has especial features of interest of its own.
Founded in memory of England's most distinguished
,General—fostered from the first by the kindly en-
couragement of royalty—it engages our sympathies
by offering the advantages of a first-rate educa-
tion to those who, as Lord DERBY appropriately
put it, have little other inheritance than the heroism
4:4 their fathers. England is always lavish enough
,of rewards to the general or the admiral
and their immediate associates ; but we may
very fairly question whether the minor heroes
—those of the lesser ranks—who, at more
personal risk and sacrifice, have faithfully served
their country, are always compensated for their ser-
vices and their sufferings in the public cause. Her
Majesty the QUEEN and her lamented Consort
showed, therefore, their accustomed good sense and
kindness in selecting this form for a memorial to
the great Duke. The education of his children is
always one of a man's first thoughts for his family,
and the grievance of a father who cannot afford to
give his sons the same advantages which he had
himself is a very real one. To an intelligent man
in the professional ranks who knows how to value
a sound early education, it is one of the greatest
hardships of straitened means to feel that
colleges and public schools are hopelessly
beyond his reach. He could never dream of leaving
a competence behind him for each of his children
out of scanty pay, but he knows that by giving his
sons a good education he would be helping them to
help themselves in after life, he would be giving
them the best and most reliable legacy, and
fitting them to attain, perhaps, fortune or
distinction in their turn. Lord DERBY,
always the kind and consistent friend of the college,
remarked in reference to the great interest he had
taken in its welfare from the first, that he happened
to be in attendance upon the Queen in Scotland
when the news of the Duke of WELLINGTON'S death
reached her. One of the first thoughts of the QUEEN
and PRINCE was in what measure they could
best pay honour to the memory of the great man
whom the country had lost, what form of memorial
would have been most in accordance with his
wishes, and would be most permanent. They both
thought, and their opinion was cordially concurred
in by Lord DERBY, that no memorial could be more
congenial to the sympathies of the Duke than one
which would afford to the orphans of officers in his
own profession an education which it would be im-
possible for those with limited means otherwise to
obtain, which should fit them for future usefulness
in any station. This is the object of the School,
and those who have believed it to be a purely
military college have been under a mistake. It
is designed, as was yesterday explained, to fit boys
for going to Sandhurst, or to either of the univer-
sities, for entering the public service, or for any
other position in life which the sons of English gen-
tlemen may aspire to fill. As a proof that it is ad-
mirably calculated to precede a course of university
study, we may mention that Mr. EDWARDS, the
head scholar, who yesterday gained Lord DERBY'S
prize for French, has just gained a minor scholar
ship at Cambridge, and is about to enrol himse

among the members of Trinity College. A very
practical testimony to the success of the school was
given by Sir JOIIN PAKINGTON, who remarked
that, for the last four years, one of his
own sons had been an inmate of the
college, and that he was convinced he had made
more satisfactory progress than he would have
done anywhere else. Sir JOHN PAKINGTON'S dictum
may be safely accepted, since he has been a severe
critic and a rigid censor, so that when he now ex-

presses unqualified approval, we may fairly suppose
that he finds little room for complaint. The sue-

cess of the college has been as rapid as it is
unmistakable. It has been open little more than
six years, but the number of boys, which was then
only 7G, has now increased to 252, while there are
more than 50 candidates for the foundation waiting
for admission, and also non-foundationers whom it
is impossible at present to receive. So great is the
demand that the governors have been compelled to
erect new dormitories for 42 boys to meet it, and
we hope its sphere of usefulness will extend still
further.

The presence of the Prince of WALES yesterday
added to the interest of the proceedings, and showed
that his Rcyal Highness intends to continue the
encouragement and support which the institution
always received from his lamented father. The
PRINCE, in the course of his brief address, men-
tioned a gratifying fact, as encouraging to the
members of the college as it is honourable to the
nobleman with whose name it is connected. The
Earl of DERBY has informed the Governors of his
intention of devoting the profits of his " Homer"
to the establishment of a prize, to be given
annually as a reward to the foundationer who, dur-

ing the last year of their stay, should have won the
entire approbation of the head master for his indus-

try and good conduct. The amount produced by

the great and deserved success of the work will pro-

duce £54 per annum, and the recipient is to be that
foundationer who has most distinguished himself in

industry, application, and good conduct. Lord

DERBY, in gracefully disclaiming all merit for his

liberality, observed that hg had thought that for

talent and ability there were already prizes enough,
but that more important and sterling qualities were

not so often commended. Talents and ability, as

he justly observed, are given to one and not to
another, but the reward for application and good
conduct is within the reach of every boy's ambition.

Many of the foundationers, as the noble earl kindly

and delicately reflected, suffered under the draw-

backs of honourable poverty, and had little inheri-

tance but honour, and to such the amount of his

gift will on leaving the school be a most valuable assist-
ance. How gratifying for the son of a widow, whose
narrow means are straitened by his education, to be

able to contribute so large a sum, earned by his own
exertions, to his mother's scanty store ! Lord

DERBY is always anxious to inculcate in the young

those high principles of duty and honour which no

Less than his brilliant talents have so honour-

ourably distinguished his own career; and

while the conditions of his prize will sti-
mulate the young student to the cultivation

of the qualities without which no success in after
life can be permanent or reliable, the recollection
of the origin of the gift will serve as a graceful and

appropriate encouragement to those classic tastes

which we hope will never be neglected in the public

schools of England.

The Right Rev. Dr. Manning, the new Roman
Catholic Archbishop of Westminster, has arrived with his
suite at the Hotel des Berguss, Geneva, on his way to Rome.
Business in the Foreign and Colonial Produce
Markets during the last few days has remained
rather dull. The operations in tea have been de-
ferred until the public sales, which commence this
day, when about 40,518 packages will be offered.
Sugars have been dull, butk,at steady prices ; while
superior descriptions of coffee have been inquired
for at full rates. In rice, fruit, and saltpetre there
has been little or no change, while tallow com
manded steady rates for both present and forward
delivery.

LATEST INTELLIGENCE.

(REUTER'S TELEGRAMS.)

AMERICA.
ARRIVAL OF THE PERUVIAN.
(Via Greencastle.)

The following are the heads of the news brought
by the Peruvian :
NEW YORK, JUNE 24, MORNING.
The blockades of all ports in the United States
has been raised.

The 25 per cent. restriction on cotton west a
the Mississippi has been removed.
Gold, 1421.

NEW YORK, JUNE 24 (Evening:

President Johnson has officially announced that
the blockades of all United States' ports, including
Galveston, has been raised, and they will be open
to foreign commerce after July Ist.
The City of London and the Germania will take
$208,000 in specie.
The City of Manchester has arrived out.
NEW YORK, JUNE 24 (Evening).

Money abundant. Gold, 1421. Exchange on
London, 156 ; do. Paris, 3 621. Stocks dull. New
York Centrals, 92; ; Illinois Centrals, 1221 ; Erie,
751 ; 5-20 U.S. Bonds, 1031. Cotton very firm •
M. Upland, 41c. Flour declining. Wheat dull.
Corn good inquiry. Provisions dull. Coffee
steady. Sugar and molasses quiet. Petroleum
dull : Crude, 35e. ; refined, 52c.

NEW YORK, JUNE 24 (Afternoon).
The City of Boston arrived here this afternoon,
NEW YORK, JUNE 24 (Evening).

The California steamer Golden Rule has been
wrecked off Ronedor Reef. All hands were saved.

COMMERCIAL INTELLIGENCE.
NEW YORK, JUNE 23 (Evening).
Money abundant. Gold, 1418. Stocks dull
New York Centrals, 931 ; Erie, 75; ; 5-20 Bonds;
1031.

NEW YORK, JUNE 23, Evening.

The message of the Governor to the Virginia
Legislature urges the avoidance of all legislation
calculated unnecessarily to irritate the people. He
recommends fewer restrictions in the regulation of
the white elective franchise. As neither himself nor
the Legislature have the control of the negro suf-
frage, they will not deliberate on that question.

The Government has ordered an additicnal re
duction of the army by 50,000 men.

Admiral Duront is dead.

MEXICO.

NEW YORK, JUNF, 23.

Advices received here from San Francisco state
that the agents of Juarez have placed a loaa of 10
million dollars on the San Francisco market,

NEW ZEALAND.
GRAVESEND, JULY 4.

The Celeano, from Otago, has arrived here.
She brings, 3,407 oz. of gold, 24 passengers, and a
full cargo.

FRANCE,

BOURSE, July 3.—The market to-day opened
flatly, but has since somewhat recovered. With the
exception of French Three per Cents.—which have
improved 12ie.—the principal securities show little
change on the closing rates of Saturday. Mobilier
Shares are done at 697 f. 75c., and Italian Five per
Cents. at 66f. 80c. Italian Loans have slightly re-
covered—the Old being quoted at 45if., and the
New at 320 f. In connection with the latter Stock,
it may be well to mention that the first drawing of
the prizes specified in the conditions of its emission
takes place this day. The markets closed as fol-
lows :

41 per Cents 95 75
Do. end month —
3 per Cents. 67 05
Do. end month 67 05
Credit Mollifier 706 25
Do. end month
Bank Shares 3570
Credit Foncier 1235
Italian Loan 66 90
Do. end month 67
RAILY

Ditto Threes 67
New Mexican
Do. Bonds 305
Russian
Austrian
Spanish Threes
Home Debt
Deferred
Roman 73

WAYS.

Cash. Acct.
Orleans
Northern lO7O ... 1060
Lyons and Mediterranean 845 ... 840
Southern 570 ... 572 50
Western 525 . 522 50
Eastern 515 ... 510
Sardinian
Austrian
Lombard 4Bl 25 ... 485
North of Spain . l7O ... 160
Saragossa 312 50 ... 315
Ditto to Barcelona l6O ...

Her Von Bismarck and the Duke of

Augustenburg:

(REUTER'S EXPRESS.)

BERLIN, July 2.
The official Staatsanzeiger gives the following ac-
count of the interview between Herr Von Bismarck
and the Duke of Augustenburg, to which the Prus-
sian Premier referred at one of the last sittings of
the Chamber of Deputies :

"We are enabled to give the following particu-
lars of the conversation which took place between
the head of the King's Ministry and the Duke of
Augustenburg upon the Ist June last year. They
were written down immediately after the interview
by the former at the desire of the King.
" I had hoped to find the Prince of Augusten-
burg in a frame of mind calculated to accept thank-
fully our moderate demands, and met him in that
sense when be visited me towards nine o'clock on
the evening of the Ist.

" ' I said we wished to come to an understanding
with him in case we were able to render his claims
generally recognised• Our main interest was Ger-
man, not dynastic : we wanted to obtain the
greatest possible concessions from Denmark, we
were willing to give him the benefit of our efforts
upon conditions required by consideration for our
own people, before which we could not come with
empty hands, after a sanguinary campaign.

'He asked what these conditions were ?

" ' I referred to the six points in the letter to the
King, adding that they might perhaps be simplified.
Naval establishments and fortifications might pos-
sibly be combined in the shape of a ship canal from
Eckernforde to Brunshiittel with fortified entrances
in both seas. It would be a technical military
question whether Eckernforde (if fortified) could
replace the expensive erection of another Federal
fortress at Rendsburg. I had only to add-1. That,
in case the intended establishments could not soon
be brought into the position of Federal institutions,
the Duke would declare himself ready to give up
the entrances above alluded to of the canal to
Prussia in the same way as the Bay of Jande, in
which case we would come to an understanding
with the Diet upon the general system of
coast protection ; also the right of supervi-
sion over the canal, similarly to a State
railway. 2. That a military convention, including
a naval convention, should be concluded, so that
the number of men to be yielded to the Prussian
fleet should be deducted from the contingent of the
land force.

" The Duke raised difficulties upon every point.
He was not clear about the extent of the right of
supervision over the canal. He would hardly be
able to defend cessions of territory to Prussia be-
fore the (Schleswig-Holstein) Diet. These must be
at any rate of small extent and exactly defined,and
acceptable boundaries of the Duchies mustbe secured
in advance. He designated as such the line of the
Gjermer Bay.

" I expressed my surprise, as he had already been
willing to cede Gluckstadt with an area correspond-
ing to the extent of the Hamburg jurisdiction.
" The Duke denied all knowledge of any such
plan, and was astonished at so large a cession ; the
Hamburg jurisdiction included several square miles.
He must also know whether at Eckernforde the
tOWII WM included, or am uncultivated district.;

what was its extent, exactly defined ; and its
precise position. Any actual cessions he seemed to
imagine of at most the extent of the Jande district.
With regard to a military convention, he thought
that concluded with Coburg went too far in many
respects ; he would, therefore, for his part, prefer
modifications in any convention of the cost. It
would only be possible for him to come before the
(Schleswig-Holstein) Diet, if he received all the
Duchies, or at least with the frontier commencing
at the Gjermer Bay, to the north of Apenrade,
otherwise not. He could not accept disgraceful
conditions. As such he characterised a more southern
frontier than that stated ; to have to accept debts
for war expenses and yet cede territory. It would
be impossible for him to come before the Diet and
the people with such a system. The Duke alluded,
in conversation, to the advisability of trying to gain
his heart rather than to bind him by stated condi-
tions. Were this done he would advocate Prussian
pocily.

I replied we thought we had alreadygainedhis
heart.

" ' He said that the Duchies had not summoned
Prussia. The Diet would have effected the delibe-
ration of the Duchies without us more easily, and
upon less burdensome conditions. He asked further,
whether we had come to an understanding with
Austria upon the expectations to be laid before
him, and pointed out that this was requisite.
" I negatived his first question, adding that we
should adhere to our demands under all circum-
stances, and hoped to come to an understanding
thereupon with Austria.
" Evident indisposition existed to enter into
any signed agreement binding upon the parties.
The Duke would promise nothing he could not
perform, and therefore give no assurances of whose
confirmation by the Estates he did not feel certain.
This latter, he said, must depend upon the extent
of the Duchies ; much would be attained in case of '
their integrity, impossible to be achieved otherwise.
A. feeling of readiness to be released by the vote of
the Estates from engagments entered into was un-
mistakable. Ultimately the Duke stated that he
would think over the matter at Dolzig, and consi-
dered this conversation as only intended for mutual
enlightenment as to the agreement to be finally
entered into.

" I cannot avoid summing up the impression of
our interview, which lasted three hours, as being
that the Duke does not regard- us with feelings of
thankfulness but as unwelcome creditors, to satisfy
whom, at as little expense as possible, he is ready to
seek the assistance of the Estates and of Austria.
To my hint that our zeal in advancing his candida-
ture would in some degree depend upon his High-
ness's attitude towards us, the Duke replied that ho
had no apprehension on that score, as the matter
had already gone too far to be undone now."