The Sun.
London, England, 1862-05-12 00:00:00

ever.

74711

I,

r ~ ~~

NEWS PA. P E it
I'(-41.1tv-r--t,i---_- -\
(
THE MONEY L Waix:47:llA.-1;;;,:.$5. /64:,
-..,,..-11&. --., •
The signs that the money-mar lfahas /leg
keel the effect of the loans and public cehe me 0-
cently introduced have this week been plain. Not
only therefore has the idea ceased of a possible re-
duction of the rate of discount to 2 per cent., but
some persons are beginning to contemplate the pro-
bability of a movement in the opposite direction.
still, the appearance of the continental exchanges,
as well as of those of India and America, does not
at present indicate the approach of any adverse con-
dition that can lead to material alterations. Doubts
regarding the harvest or some sudden shifting of
the American question migb.t operate powerfully,
hut in the absence of these contingencies the
supply of capital tooling Employment seems likely'
to continue on a moderately full scale. Of course
the persons who were alarmed at the Russian loau
will, now that it has born perfectly Evecessfu!, tales
a very gloomy view of the future, and fiad their
other
cdismay considerably increased by the fact that six
additional million has sub,:cnu 711113- bccn .9.lb:ciiii(d
for banking purposes at Rlo do .T.lnciLo, tud that
thetre epreparedu
satisfactoryotrh
iews,ha nt
launching
nu of this ulidettaking is
anderstooe. to have encouraged fresh projector., w
aho'
:laml
tbhcor
uogf
h similartte
claims proposalstha twill
f or
h
thus be preferred during the next few months will
perhaps fara
and
there
is eux el
ue
regd e t
ph
ae
rat
ym owubn
et
so,
if
etuhl ed Russianu
ul oda
inn,
decent consistency to denounce them in every prac-
ticable manner, the general public will probably
even'yet feel that there is not much occasion for ap-
prehension. A moderate exercise of caution is all that
is required. There has been a dearth of new under-
takings for several years, and consequently it will be
some time before the legitimate field is overcrowded.
Each subscriber who renders himself liable to calls
has simply to satisfy himself that if those calls should
be made at a period when money is again at 5 or 6
per cent. he will be perfectly ready to meet them,
and that, if his shares should then be temporarily at
a discount, he will be able, in his reliance on their in-
trinsic worth, cheerfully to hot mldutshtebe m
them
remembered
lmbbeetrteaer
times. Shares in companies, it
are not like Russian bonds, on which in days of
pressure money can be raised either in London or
on the Continental markets. The banker who would
make advances on such stock would not look with
equal readiness on a bundle of shares, which still
involve considerable liabilities. Independent in-
vestors, however, need not feel any trouble on
that score, and for such persons many of the compa-
nies lately introduced offer opportunities for fair
selection. At the same time the exercise of indivi-
dual discretion is requisite. If that is neglected
those who lose their means or get hampered with
unrealisable property must not complain. As a
general rule, the prospectuses which do not promise
too much should be regarded as most attractive,
and Stock Exchange recommendations should be
weighed with especial care. In the excitement of
that market it is scarcely possible to satisfy the
eagerness for paragraphs that will stimulate preli-
minary premiums. The directors of the New Bank
of Brazil, for instance, very rationally based their
sole ground of invitation on the fact that at Rio
there is a safe opening for profitable business, as
"the best mercantile paper at the banks rules from
8 to 9 per cent. ; but among some of the dealers in
the Stook Exchange this intimation has been con-
demned as altogether inadequate to the occasion.
Notwithstanding the dark shadow which the con-
coctors of public companies assert to have bees
thrown upon the future prospects of the market from
the Russian loan, these persons would stop at no-
thing to lure the public into hasty commitments.
Happily they are a small class, and have no influ-
ence with respectable capitalists, but among ill
informed and sanguine people, prone to be carried
away by speculative representations, they are capa-
ble of creating, if left to themselves, a considerable
amount of mischief.

The French Minister for Foreign Affairs has re-
ceived despatches from China confirming the report of the
murder by the Taepings of the missionary, Pere Vuillaume,
one of the most learned Chinese scholars. '1 he Pere Vuil-
lair= had been for 13 years incessantly employed in preach-
ing the Gospel to the Chinese, and had succeeded in con-
verting numbers to Christianity.
The receipts on the old lines of the Paris and
Orleans Railway Company for the week ending the 29th of
April amounted to 1,223,4391. 4c., being a decrease of
143,074 f. 7c„ as compared with the corresponding week of
last year. The receipts from the lit of January to the 2fth
of April amounted to 20,040,3151. 47e., being a diminution
of 1,829,634 f. 98c., as compared with the corresponding
period of the year 1861. The receipts on the new lines
show an increase during the same week of 65,585 f. 7c.) and
from the Ist of January an increase of 1,154,8551. 43c.
The May-fly settles on the water in order to drop
its eggs. This is the rich harvest of the trout. Trouts
feed upon and gorge themselves to a degree which anglers
know when they have examined the maw of one of these
fish in the May-fly season. Nor is there cruelty in this, as
the insect dies as soon as its eggs aro dropped. These eggs
in process of time undergo very striking metamorphoses.
They change firstinto the pupa state, then into chrysalides,
and in about three hours emerge into a perfect state wit The
o
exception of the skins which have been referred to.
chrysalis differs from the larva by having on its back cases
containing rudimentary wings, but both have on their sides
small fringes of hair which, when put in motion, serve
as them
of rfiinvse.rs,Tanhealtarvhetsee scoop
sniopthaeumtsueblevsesncilawde likeellingsayphthoonb,aonnkes
,end serving for an entrance, the other for an
outlet. Should
the river get low, they dig fresh holes into the banks so as to
have the benefit of water. Those who have fished on the
banks of the river Coble near Uxbridge, especially at Den.
ham, during the beginning of the May-fly season, may
have witnessed a sight such as few rivers can exhibit. It
is a curious fact that some rivers which formerly abounded
rivers with
M
ay-flies have now few or none; and why some
should abound with them, and others be without
abundant
and
theyof
a ar
largo
erge to
any, is not easy to be accounted for. V re
be found trout are generally very
ate _EDWARD JESSE in Once a Week.

NOTES OF INTERROGATION.—Why is it, when
the Parisians and Americans have for years had lofty and
comfortable omnibuses, that we, their notorious superiors
(no one, I think, will deny this), have not loftier omnibuses,
with two brass rods running along either side of the roof, to
aid the passenger who has to enter and take his seat while
the vehicle is still in motion, and who now treads on every
one's toes, and eventually wedges himself into his place by
sheer brute force ? Why should I have to poke at the con-
ductor's ribs, and to make vain signals of my desire to be
put down, when I might easily, as in America, have a
means of communication with the driver, whom I could
pay, and to whom I could give the signal for stopping ?
And why should there not be a regular ladder to the knife-
board instead of two or three dangerous steps ? As London
streets are always dirty and crowded—ale daily becoming
more and more miserable and impassable, and as to bore
through Cheapside at noon is now a work of time, labour, and
danger, why are not flying iron bridges thrown over the
principal streets at the chief crossings, as once cleverly
proposed ? The result would be less delay, fewer accidents,
fewer stoppages. And why, in the narrower streets, could
not the ground-floors be purchased, turned into covered
paths, and thus the present pavement removed in order to
ies
widen the carriage way. As nearly all our public sta,T‘e,
b
are contemptible, and are erected to persons to whomt _,uwry
nation owes no gratitude, why should there not a J
rg to order
appointed to sit on them every twenty-five yeasie'in them,
their removal, to arrange alterations to
,13,j1tould not, say,
or to decide on their permanence ? Wk .fa 1.3610 us for certain
Garibaldi supersede the Duke of York ? (put
up a manlier
ry, square, a sound
military jobbings ;) and by all meills
Nelson, and give Mr. Fox, in Bloof.abable
confusion of the
washing. Why is not the indaeaccla_ sy
I stem, so entirely
.about
iisriciath-an five .and-twenty,--..
-"onfd.o"ur food supplies
r And why does our
coinage ended for ever by the
successful in France and 'A
OUT COI
, Queen never get older our
andof of several other "insect
e and carelessness exists. Is there
which much ign°"" a tread '
Dircrkhenesr'es 4i6sAall
ntheinyvaeasioiin _
whiCh we ono in the newspapers of
ever a year in
sire hear of fieldsrew"m many acres laid waste as
pests?" pheasants.
terribly as by hares and What do we proceed
to do? We discuss, privately and publicly, the virtues of
various dressings of the soil ; we try remedies, some ex-
peas ve, seine absurd, and all as yet ineffectual ; and all
"ravages of the wi
the while we allow eager boys to spoil birds' nests, and
booby men to shoot or poison the birds whose natural
food is the very vermin we suffer under. My readers
have seen what an agitation has been stirred in Franco
against the destruction of field-birds for food, to which no
small portion of the agricultural adversity of France is
owing, There is not much taste for such food in England,
except that London aldermen eat lark-puddings, and
leave
cottagers a rook pie now and then, when they canieteaare
to shoot a few young rooks ; but far too in birdsanoYff mischief
killed for sport, or with the idea of wardthinog
Government
from the fruit and the corn. In France,t9all the provincial
has this spring issued an injunctitonrs
clergy, parents, and
authorities to cause the sohoolmasbierd_
'nesting first, and all
! guardians to stop the practice of
nee a IRO,
War against small birds afterwards;