The Sun.
London, England, 1862-06-21 00:00:00

VENEZUELA BONDHOLDERS.

A meeting of Vene-,uela Bondholders was held ,
the
this afternoon, to consider certain propositions for
63 to enabrelevet
arrangement of the debt--namely, that
should be granted forYI
Per cent, loan
creditors, so that 55 per I,oooa,Onoe Ow a6t
nhueeltsepublie to obtain control over the
be made over as 8
Customs'
present hypothecated to other
. cent. of these revenues may
loan and the old debt,
security both for the new
The plan, t'
now
amounting to about
Toed by Mr. Field, the
£3,500,000.
chairman, was, on the wash
and, after a short discussion, theefavourably received,
duties annexed resolutions
in question are
o agents for the werebond-
to
b e
received
monthly The Customs'
by
yt
w
areofconsidered the
holders, one of whom, it is
üblio
of Venezuela
that
Republic
inezuela
British Consul : hoped, may be the
"Resolved,-1. That this meeting, having
offe r of his Excellency Senor Nadal,
in the present circumstances of the• Rep
it would be equally for the advantage of the
the bondholders that a loan for the purpose of relievingand of
the
Customs' revenue from the hypothecations whichwith it is
now charged should be raised.
"2. That Messrs. Baring Brothers and Co., the agents of
the Republic, be requested to undertake the negotiation of
the proposed loan, and the carrying out the arrangement,
connected therewith.
"3. That, in consideration of the foregoing circumstances,
and particularly the special hypothecation of 55 per cent. of
revenues of the Laguayra and Puerto Cabello Customs, the
bondholders agree to receive payment of the four half years'
interest now in arrear in bonds bearing 0 per cent. interest
at par, to be secured by the aforesaid hypothecation, and to
receive for the next three years a minimum dividend of 2
per cent. on the Active and 1 per cent. on the Deferred
Bonds, provided the produce of the hypothecated revenues
should be insufficient to pay the whole amount of the said
dividends, it being understood that at the expiration of the
said three years certificates shall be issued by the Vene-
zuelan Government for the difference between the dividend
paid at full interest due."

THE SUN, LONDON, SATURDAY EVENI

to anticipate a repetition of it, and recommended that the
motion should be withdrawn and the matter allowed to
drop.

After a long discussion the motion was, upon a division,
negatived by 84 to 14.
Mr. DUNNE called attention to the present state of the
law with respect to lunatic asylums in Ireland, with special
reference to a report of the medical officer of the District
Lunacy Asylum in Maryborough.
The house then went into committee, the CHAIRMAN
reporting progress.
The report of the Committee of Ways and Means was
brought up and agreed to.
The Merchant Shipping Acts, &c., Amendment Bill,
and the Salmon Fisheries (Scotland) BR. were read a third
time and passed.

Other bills were forwarded a stage, and, after some fur-
ther business, the house adjourned at five minutes lefore
one o'clock till Monday.

SPORTING INTELLIGENCE.

ASCOT RACES-FRIDAY.

The fourth day of this very excellent meeting afforded
one race more than any of its predecessors had done ; and a
good company, far more limited of course than on Thurs-
day, saw, under a cloudy sky, three contests decided by a
neck only, and one dead heat. Three winners were
claimer', but not sold by auction, such a method of adding
to ample finances never being had recourse to at Ascot.
The race for the Rail way Stakes was an exhibition of very
fine riding on the part of Fordham, whose horse seemed, at
a short distance from home, unable to catch the leaders.

The other events contained nothing of any great note, un-
less we except the performance of Baffler, who ran-away
on Thursday and cleared a turnpike gate, but ran second
on Friday, and claimed the winner. The meeting may
fairly be pronounced one of the most successful on record,
the only drawback having been the dull weather, the ab-
sence of the Queen, and the closed shutters of the Royal
Stand, even though more than one member of the Royal
family were present on the Cup-day.
A Plate of 100 sovs, for 3-yr olds and upwards ; weight for
age. The winner to be sold for 200 sovs. From the dis-
tance-post, once round ; 6 subs.
Mr. Thellusson's Bedouin, 3 yrs, 7st 41b (11. Grimshaw) 1
Mr. R. M. Jaques's Viscount rignall, 4 yrs, Bst 121 b

(Fordham) 2
Lord Ailesbury's Splitvote colt, 3 yrs, 7st 41b „ (Drew) 3
Also ran Paresseuse and Ironsides.
Betting-2 to 1 each agst Bedouin and Splitvote colt, and
100 to 30 agst Viscount Brignall.
Ironsides was the first to show in advance, closely fol-
lowed h bye f
aPv
ea
ur ersi
tsee ut
es et,
hteh
reapS ptluri t vno. t e
Here
took the second place, slut followed the leader into the
bottom, where they increased their lead, the two being
upwards of half a dozen lengths in advance of the two
favourites, Paresseuse, who appeared outpaced, bringing up
the rear. They ran in this order into- the straight, where
Ironsides was beaten, and Bedouin, with the Splitvote colt
at his girths, joined Viscount Brignall ; half way up Be-
douin obtained a decided lead, which he held to the end,
and won cleverly by a length; bad third, Paresseuse a bad
fourth, Ironsides last. The winner was claimed by Mr.
Jaques.
The Wokingham Stakes (handicap) of 6 soya each, with 50
added, for 3-yr-olds and upwards ; last three-quarters of
the New Mile. 13 subs.
Mr. R. Boyce's Confectio4r) 5 Yrd, 7st 9113.. (Cresswell) 1
Mr. Payne ns Camperdown, 4 yrs, 6st 61b (T. French) 2
Lord Chesterfield ns Black Lily, 4 yrs, Bst 61b(Ctu3tance) f
Capt. D. Lane's Southport, 4 yrs, 7st 131 b (Fordham) t
The following also ran :—Lord of the Manor, Certificate,
Peahen, and Naiad.
Betting-4 to 1 agst Southport, sto 1 each agst Naiad
and Certificate, 6 to 1 agst Black Lily, and 10 to 1 agst
Confectioner.
Southport made play next the rails, closely attended by
Peahen, Lord of the Manor, and Confectioner; Naiad, with
Black Lily, Camperdown, and Certificate lying dose up in
the centre of the course. At the stand Confectioner came
out and took a clear lead, followed by Southport, Black
Lily, and Camperdown. The four ran extremely wide to
the end, Confectioner winning easily by two lengths ; there
was a like distance between the next two, who finished with
a dead heat for third; then came the Lord of the Manor,
Certificate, and Naiad in the order we have given them.
Second Class Wokingham Stakes (handicap) of ssovs each,
with 50 added, for 3-yr-olds and upwards ; last three-
quarters of the New Mile. 13 subs.

Lord Westmoreland's Clementi, 3 yrs, Gst 51b (Whitely) 1
Mr. Webb's Rockley, 5 yrs, ibt 71b (Drew( 2
Mr. Merry's Express, 3 yrs, sst 71b .... (S. Grimshaw) 3
Mr. Webb's Peignoir, 3 yrs, 7st 41b (IL Grimshaw) 4
Mr. T. Goddard's Peru, 3 yrs, sst 71b (Murray) 5
Betting-7 to 4 agst Express, 3to 1 agst Clementi, 100
to 30 agst Rockley, and 8 to 1 agst Peignoir.
Express, with a slight advantage, came on with the run-
ning, having Clementi on his whip hand and Rockley on
the lower side, the other two extremely wide on either side.
On crossing the road Express gave way to Clementi, who
got his head in front, and the three ran locked to the stand.
Mr. Merry's colt then dropped back, leaving the pair to
finish thz race, which was won cleverly by Clementi by a
neck. There was half a length between the second and
third, and a like distance separated the third and fourth.

The Railway Stakes of 5 sous each, with 100 aeded by the
South- Western Railway Company, for 3-yr-olds and up-
wards. New mile. 26 subs.

Mr. B. E. Dunbar's Overton, 4 yrs, 7st 81b..(Fordbam) 1
Mr. T. Hughes's Satellite, 6 yrs, 7st 101 b (Daley) 2
Lord Chesterfield's Baron Munchausen, 5 yrs, Bst 101 b
(Ashrpall) 3
Lord Westmoreland's Clementi,3 yrs, 6st 71b (Whiteley) 4
Mr. Cartwright's Ripon, 5 yrs, 7st 101 b (H. Grimshaw) 5

The following also ran :—The Monk, Lord of the Mawr,
Lopcatcher, Don John, Confectioner, Sycophant, Blood-
hound, Olive Branch, Quicksilver, Gorse, and Cutler.
Betting-9 to 2 agst Confectioner, 6to 1 agst Baron Mun-
chausen, 100 to 15 agst Sycophant, 10 to 1 each agat Lop-
catcher, Qverton, and Ripon, 12 to 1 agst Clementi; 100 to
8 agst Olive Branch, 100 to 7 agat Gorse, and 100 to 6 each
agat Cutler and Quicksilver. _ _ _

A long delay cccurred, through the major portion of the
field breaking away repeatedly before they could be got
to the post, at last the signal was given and they were
despatched upon equitable terms. On rising the hill the
colours of Baron Minchausen, Lord of the Manor, Con-
fectioner, Olive Branch, end Lopcatcher were clearly dis-
cernible in the van, and shortly afterwards Lord of the
Manor was seen with a clear •lead, followed on the upper '
side by Baron Munchausen, Confectioner, and Clementi,with
Olive Branch and Lopcatcher on the lower ground, the
others,who were headed by Ripon, Overton, Quicksilver, and
Cutler lying in a cluster two or threelengths in their rear.
In this order they ran to the road, where Lord of the
Manor dropped back, and Lord Chesterfield's colt went to
the front, closely attended by Satellite and Confectioner on
his whip hand, with Olive Branch, Clementi, Quicksilver,
and Ripon lying up, At the distance Satellite went up, and
in a few strides obtained a decided lead, which he held to
the centre of the stand, where the leading horses were
joined by Overton, who had gradually made up his ground.
Fordham waited with great patience to the centre of the
Queen's Stand, where ho put on the screw, and sent Over-
ton in the winner by a neck ; half a length separated the
second and third, There was a like distance between the
third and fourth, and a neck between the fourth and fifth;
Quicksilver was sixth; Confectioner and Olive Branch the
next two ; the others widely spread, Lopcatcher and Lord
of the Manor being the last two.
Extra Class of the Wokingharn Stakes of 5 soya each,
with 50 added. Last three-quarters of the New Mile.
13 subs.
Mr. Elphinstone's Lapidist, 3 yrs, sst 10113
(J. Grimshaw) 1
Sir H. Des Vcoux's Snapshot, 4 yrs, Bst llb (Custance) 2
Lord B.ovv th's Reindeer, 5 yrs, 7st (Challoner) 3
• Tb.o following also ran :—Silverhair, Long,hot, Rein-
deer, Acco, Keane, and Armament.
Betting-5 to 2 agst Reindeer, 4to 1 agst Spicebox, 9
to 2 agst Snapshot, and 6 to 1 each agst Lapidist and
Keane.

Lapidist, making the most use of his favourable weight,
jumped away with a clear lead, with Keane, Reindeer, and
Armament lying up to the distance, where Keane and the
latter were beaten, and Snapshot joined Reindeer, Lapi-
dist, maintaining his lead throughout, won in a canter by
two lengths ; Snapshot beat Reindeer by a similar distance
for second place, Keane was fourth, Silverhair next, and
Spicebox and Longshot were the last two.
The Borough Members' Plate, a sweepstakes of 5 sous each,
with 50 added, for 3-yr-olds and upwards; weights for
age; winners extra; the winner to be sold for 150 soya.
Old Mile, 9 subs.
Captain Coates's Libellous, 5 yrs, Bst 101 b (Fordham) 1
Mr. Hodgman's Otho, 3 yrs, 7st 31b.... (Li. Grimshaw) 2
Mr. Munday's Bolero, 3 yrs, 7st (Reeves) 3
Lord Anglesey's Caledon, 3 yrs, 7st (Daley) 4
Mr. E. Brayley's Knightsbridge, 4 yrs, Bst 71b
(Lamborn©) 5
Betting-5 to 2on Libellous, 9to 2 agst Otho, and sto 1
agst Knightsbridge.
Bolero made the running, followed by Otho and the
favourite to the entrance of the stand enclosure, where
Fordham brought up the • favourite, and took a decided
lead, winning easily by a neck. Two lengths separated the
second and third, Caledon was a bad fourth, and Knights_
bridge last. The winner claimed by Mr. Hodgman.
The Queen's Plate, of 100 guineas; 3-yr-olds, 7st 101 b ;
4-yr-olds, 9at 71b; 6-yr-olds, lOst; 6-yr-olds and aged,
lOst 21b. Rather less than three miles. 17 subs.
Mr. T. Pan's Dusk, 3 yrs
(Clement) 1
Mr. T. Hussey's Brown Stout, 4 yrs.... (H. Grimshaw) 2
Mr. Milton's Gladiator, aged .. (A. Day) 3
Betting-7 to lon Dusk.
Gladiator was indulged with a clear lead to the Brick
Kilns, where he was pumped out, and Dusk going to the
front cantered in a winner by fifty lengths; Brown Stout